Elgi Equipments Ltd.

NSE: ELGIEQUIP BSE: 522074 SECTOR: Compressors / Pumps  17k   137   14

259.65
-5.20 (-1.96%)
NSE: 26 Nov 03:58 PM

Price Summary

Today's High

₹ 267

Today's Low

₹ 255

52 Week High

₹ 280.7

52 Week Low

₹ 131

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

8228.54 Cr.

Enterprise Value

8169.74 Cr.

No. of Shares

31.69 Cr.

P/E

49.79

P/B

9.39

Face Value

₹ 1

Div. Yield

0.31 %

Book Value (TTM)

₹  27.65

CASH

160.18 Cr.

DEBT

101.38 Cr.

Promoter Holding

31.91 %

EPS (TTM)

₹  5.21

Sales Growth

1.76%

ROE

13.78 %

ROCE

16.78%

Profit Growth

4.65 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year1.76%
3 Year2.43%
5 Year4.91%

Profit Growth

1 Year4.65%
3 Year10.98%
5 Year62.08%

ROE%

1 Year13.78%
3 Year13.95%
5 Year13.72%

ROCE %

1 Year16.78%
3 Year17.42%
5 Year17.07%

Debt/Equity

0.1243

Price to Cash Flow

71.01

Interest Cover Ratio

31.9133406835722

CFO/PAT (5 Yr. Avg.)

0.943338346555228

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2021 31.91 0
Jun 2021 31.91 0
Mar 2021 31.91 0
Dec 2020 31.91 0
Sep 2020 31.91 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has a healthy Interest coverage ratio of 31.9133406835722.
  • The company has an efficient Cash Conversion Cycle of 81.1876221947424 days.
  • Company has a healthy liquidity position with current ratio of 2.13183272002961.

 Limitations

  • The company has shown a poor revenue growth of 2.42837063193284% for the Past 3 years.
  • The company is trading at a high PE of 49.79.
  • The company is trading at a high EV/EBITDA of 31.7849.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
Net Sales 265.25 323.02 392.64 301.42 416.52
Total Expenditure 222.36 273.47 324.82 267.24 349
Operating Profit 42.89 49.55 67.82 34.17 67.52
Other Income 6.53 5.14 6.69 9.83 16.67
Interest 0.91 0.85 0.73 0.53 0.5
Depreciation 8.87 8.9 8.67 8.69 9.13
Exceptional Items 0 0 0 0 0
Profit Before Tax 39.64 44.94 65.12 34.78 74.55
Tax 9.81 11.47 16.27 8.77 17.63
Profit After Tax 29.83 33.47 48.85 26.01 56.92
Adjusted EPS (Rs) 0.94 1.06 1.54 0.82 1.8

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 891.71 1023.76 1177.08 1081.14 1100.17
Total Expenditure 778.78 891.65 1035.33 960.97 944.17
Operating Profit 112.93 132.11 141.75 120.17 156
Other Income 14.31 16.36 16.31 49.43 24.06
Interest 2.13 2.46 3.61 5.16 4.54
Depreciation 36.84 35.66 33.85 36.65 35.33
Exceptional Items 0 -2.74 0 0 0
Profit Before Tax 88.27 107.6 120.6 127.79 140.19
Tax 19.89 30.73 35.86 27.37 35.1
Net Profit 68.38 76.87 84.74 100.42 105.09
Adjusted EPS (Rs.) 2.16 2.43 2.67 3.17 3.32

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 15.85 15.85 15.85 15.85 31.69
Total Reserves 524.99 584.12 646.08 694.17 784.03
Borrowings 0 0 0 0 0
Other N/C liabilities 33.08 44.67 45.04 7.44 41.21
Current liabilities 208.96 274.64 259.29 314.66 332.35
Total Liabilities 782.88 919.27 966.25 1032.12 1189.29
Assets
Net Block 238.76 216.79 214.05 228.33 205.44
Capital WIP 0.26 0.6 5.14 3.6 4.02
Intangible WIP 0 0.94 0.58 0 0
Investments 143.36 161.58 180.2 179.13 183.23
Loans & Advances 27 52.65 61.92 71.54 88.07
Other N/C Assets 0 0 0 0 0
Current Assets 373.51 486.72 504.36 549.52 708.52
Total Assets 782.88 919.27 966.25 1032.12 1189.29
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations 88.27 107.6 120.6 127.79 140.19
Adjustment 27.59 27.89 31.77 0.91 25.7
Changes in Assets & Liabilities -13.17 -72.73 -6.28 -21.66 -30.87
Tax Paid -15.77 -34.95 -38.83 -34.09 -19.14
Operating Cash Flow 86.92 27.82 107.27 72.96 115.88
Investing Cash Flow -37.5 -60.6 -52.74 -70.98 -52.52
Financing Cash Flow -34.91 14.92 -65.41 0.43 -5.23
Net Cash Flow 14.51 -17.86 -10.88 2.41 58.13

Corporate Actions

Investors Details

PARTICULARS Sep 2020% Dec 2020% Mar 2021% Jun 2021% Sep 2021%
Promoters 31.91 31.91 31.91 31.91 31.91
dark horse portfol... 16.32 16.32 16.32 - 16.10
dark horse portfol... - - - 16.32 -
jairam varadaraj 8.72 8.72 8.72 8.72 8.94
elgi ultra industr... 3.84 3.84 3.84 3.84 3.84
l.g.b. public welf... 0.80 - - - 0.80
lgb public welfare... - - - 0.80 -
m/s. l.g.b. public... - - 0.80 - -
m/s.l.g.b.public w... - 0.80 - - -
lg b public welfar... - - - - -
m/s. l.g.b.public ... - - - - -
anvar jay varadaraj 0.61 0.61 0.61 0.61 0.61
varun jay varadaraj 0.60 0.60 0.60 0.60 0.60
maya jay varadaraj 0.60 0.60 0.60 0.60 0.60
elgi rubber compan... 0.21 0.21 0.21 0.21 0.21
sudarsan varadaraj 0.03 0.03 0.03 0.03 0.03
uday balaji 0.04 0.04 0.04 0.04 0.04
vanitha mohan 0.04 0.04 0.04 0.04 0.04
varshini varadaraj 0.03 0.03 0.03 0.03 0.03
harsha varadaraj 0.03 0.03 0.03 0.03 0.03
gayathri balaji 0.01 0.01 0.01 0.01 0.01
t balaji 0.02 0.02 0.02 0.02 -
t. balaji - - - - 0.02
vinay balaji 0.01 0.01 0.01 0.01 0.01
viren mohan 0.01 0.01 0.01 - 0.01
viren balaji - - - 0.01 -
PARTICULARS Sep 2020% Dec 2020% Mar 2021% Jun 2021% Sep 2021%
Investors 68.09 68.09 68.09 68.09 68.09
sbi contra fund 8.82 8.82 8.92 8.92 -
sbi small cap fund - - - - -
sbi emerging busin... - - - - 8.82
pari washington in... - - - - -
pari washington in... 5.53 5.53 - - -
pari washington in... - - 6.02 7.81 -
pari washington in... - - - - 5.53
gagandeep credit c... - - - - 5.15
gagandeep credit c... 5.15 - - - -
gagandeep credit c... - 5.15 - - -
gagandeep credit c... - - 5.15 - -
gagndeep credit ca... - - - 5.15 -
wasatch emerging i... 1.20 1.19 1.16 1.17 -
nalanda india equi... 2.80 2.80 - 2.80 2.80
nalanda india equi... - - 2.80 - -
east sail 2.27 2.27 1.79 - 2.77
first state invest... 1.33 - 2.36 - -
wasatch emerging i... 1.20 1.19 1.16 1.17 -
nemish s shah 1.69 1.69 1.69 1.69 1.69
nemish s shah 1.69 1.69 1.69 1.69 1.69
prescient wealth m... - - - 1.68 -
first state invest... - - - - -
first state invest... - - - - -
fortress advisors ... - - - - -
first state invest... - - - 1.33 1.33
first state invest... - - - - -
first state invest... - 1.33 - - -
icici prudential m... 1.27 1.20 1.05 - 1.27
first state invest... - - - 1.10 -
first state invest... - - - - -
hdfc trustee compa... - - - - 1.07
iepf - 0.08 0.08 0.19 -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Elgi Equipments informs about transcript of conference call16 Nov 2021, 12:46PM Elgi Equipments informs about retirement of director9 Nov 2021, 3:47PM Elgi Equipments reports 55% rise in Q2 consolidated net profit9 Nov 2021, 12:28PM Elgi Equipments informs about issuance of duplicate share certificate25 Oct 2021, 4:52PM Elgi Equipments forms wholly owned subsidiary company20 Sep 2021, 11:37AM Elgi Equipments informs about credit rating1 Sep 2021, 10:12AM Elgi Equipments turns black in Q1 4 Aug 2021, 9:39AM Elgi Equipments’ arm forms Joint Venture Company in USA 9 Jul 2021, 9:02AM Elgi Equipments informs about annual secretarial compliance report24 Jun 2021, 4:29PM Elgi Equipments informs about newspaper publication4 Jun 2021, 4:19PM Elgi Equipments aiming to perform well in FY2224 May 2021, 12:15PM Elgi Equipments informs about outcome of board meeting22 May 2021, 10:10AM Elgi Equipments informs about earnings call 19 May 2021, 10:41AM Elgi Equipments’ arm invests 10000 GBP in ELGi Compressors UK and Ireland8 May 2021, 10:16AM Elgi Equipments’ arm partners with Italian Red Cross 13 Apr 2021, 3:03PM Elgi Equipments submits earnings call schedule5 Feb 2021, 2:08PM Elgi Equipments informs about disclosure18 Dec 2020, 3:43PM Elgi Equipments’ arm invests fund in Elgi Compressors Eastern Europe11 Dec 2020, 3:36PM Elgi Equipments informs about PCS certificate21 Oct 2020, 3:45PM Elgi Equipments’ arm forms Joint Venture Company16 Oct 2020, 10:44AM Elgi Equipments’s arm invests fund in Elgi Compressors Nordics1 Oct 2020, 11:35AM Elgi Equipments to acquire entire stake in Elgi Compressors Europe SRL3 Sep 2020, 11:25AM Elgi Equipments signs MoU with Government of Tamil Nadu21 Jul 2020, 10:11AM Elgi Equipments submits disclosures on material impact of covid-19 pandemic1 Jun 2020, 12:42PM Elgi Equipments’ WoS forms JV with Bryan Becker11 May 2020, 3:47PM

Elgi Equipments Stock Price Analysis and Quick Research Report. Is Elgi Equipments an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). Elgi Equipments has a PE ratio of 49.7938440885991 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Elgi Equipments has ROA of 9.46159227370823 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Elgi Equipments has a Current ratio of 2.13183272002961 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Elgi Equipments has a ROE of 13.7785364779182 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Elgi Equipments has a D/E ratio of 0.1243 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Elgi Equipments has an Inventory turnover ratio of 8.18624551221236 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Elgi Equipments has reported revenue growth of 1.75980257948987 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Elgi Equipments for the current financial year is 14.1792632047774 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Elgi Equipments is Rs 0.8 and the yield is 0.3077 %.

Brief about Elgi Equipments

X