ELGIEQUIP

Elgi Equipments Share Price

₹737.65
+ 14.2 (1.96%)
18 September, 2024 02:38 BSE: 522074 NSE: ELGIEQUIP ISIN: INE285A01027

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Elgi Equipments Performance

Day Range

  • Low 723
  • High 753
₹ 737

52 Week Range

  • Low 467
  • High 799
₹ 737
  • Open Price727
  • Previous Close723
  • Volume804095

Elgi Equipments Chart

  • Over 1 Month + 22.83%
  • Over 3 Month + 7.26%
  • Over 6 Month + 16.35%
  • Over 1 Year + 41.84%

Elgi Equipments Key Statistics

P/E Ratio 72.1
PEG Ratio -4.7
Market Cap Cr
Price to Book Ratio 14.5
EPS 10.1
Dividend 0.3
Relative Strength Index 65.91
Money Flow Index 78.54
MACD Signal 12.69
Average True Range 23.39

Elgi Equipments Investment Rating

  • Master Rating:
  • Elgi Equipments (Nse) has an operating revenue of Rs. 3,294.95 Cr. on a trailing 12-month basis. An annual revenue growth of 5% is not great, Pre-tax margin of 14% is healthy, ROE of 19% is exceptional. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 5% and 14% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 9% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 79 which is a FAIR score but needs to improve its earnings, a RS Rating of 49 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 99 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Elgi Equipments Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 472540465439399456
Operating Expenses Qtr Cr 378420363340318360
Operating Profit Qtr Cr 94120102998196
Depreciation Qtr Cr 9999910
Interest Qtr Cr 122111
Tax Qtr Cr 243026282225
Net Profit Qtr Cr 739379836781
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 1,9121,840
Operating Expenses Annual Cr 1,4431,442
Operating Profit Annual in Cr 401314
Depreciation Cr 3638
Interest Annual Cr 55
Tax Annual Cr 10681
Net Profit Annual Cr 322272
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 255235
Cash from Investing Activity Annual Cr -91-287
Cash from Financing Annual Activity Cr -6949
Net Cash Flow Annual Cr 95-3
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 1,4691,222
Fixed Assets Annual Cr 219218
Total Non Current Assets Annual Cr 502484
Total Current Assets Annual Cr 1,4001,099
Total Assets Annual Cr 1,9021,582
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 4639
ROE Annual % 2222
ROCE Annual % 2929
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2523
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 801866822806724836
Operating Expenses Qtr Cr 687741692663635708
Operating Profit Qtr Cr 11412512914389127
Depreciation Qtr Cr 192019191919
Interest Qtr Cr 9108755
Tax Qtr Cr 273430392561
Net Profit Qtr Cr 7376849160170
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 3,2733,108
Operating Expenses Annual Cr 2,7322,608
Operating Profit Annual in Cr 486433
Depreciation Cr 7778
Interest Annual Cr 2920
Tax Annual Cr 128140
Net Profit Annual Cr 312371
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 288166
Cash from Investing Activity Annual Cr -101-217
Cash from Financing Annual Activity Cr -8260
Net Cash Flow Annual Cr 1058
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 1,6111,371
Fixed Assets Annual Cr 391387
Total Non Current Assets Annual Cr 702678
Total Current Assets Annual Cr 2,1191,824
Total Assets Annual Cr 2,8212,502
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 5143
ROE Annual % 1927
ROCE Annual % 2729
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1716

Elgi Equipments Technicals

EMA & SMA

Current Price
₹737.65
+ 14.2 (1.96%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹706.29
  • 50 Day
  • ₹689.46
  • 100 Day
  • ₹671.40
  • 200 Day
  • ₹635.61
  • 20 Day
  • ₹706.72
  • 50 Day
  • ₹686.35
  • 100 Day
  • ₹672.14
  • 200 Day
  • ₹632.73

Elgi Equipments Resistance and Support

PIVOT
₹737.87
Resistance
First Resistance 752.73
Second Resistance 767.82
Third Resistance 782.68
RSI 65.91
MFI 78.54
MACD Single Line 12.69
MACD 15.39
Support
First Support 722.78
Second Support 707.92
Third Supoort 692.83

Elgi Equipments Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 824,548 35,843,102 43.47
Week 516,286 25,654,231 49.69
1 Month 615,099 21,596,139 35.11
6 Month 470,362 20,267,911 43.09

Elgi Equipments Result Highlights

Elgi Equipments Synopsis

NSE-Machinery-Gen Industrial

Elgi Equipments is involved in the business activities of Manufacture of other pumps, compressors, taps and valves. Company’s Total Operating Revenue is Rs. 1843.38 Cr. and Equity Capital is Rs. 31.69 Cr. for the Year ended 31/03/2024. Elgi Equipments Ltd. is a Public Limited Listed company incorporated on 14/03/1960 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L29120TZ1960PLC000351 and registration number is 000351.
Market Cap 22,927
Sales 1,916
Shares in Float 21.87
No of funds 173
Yield 0.28
Book Value 15.61
U/D Vol ratio 1.7
LTDebt / Equity
Alpha 0.07
Beta 0.76

Elgi Equipments Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 31.19%31.19%31.19%31.19%
Mutual Funds 3.45%3.44%3.45%3.33%
Insurance Companies 0.08%0.06%0.03%
Foreign Portfolio Investors 29.47%29.54%29.02%28.82%
Financial Institutions/ Banks
Individual Investors 20.81%20.79%21.42%21.66%
Others 15%14.98%14.92%14.97%

Elgi Equipments Management

Name Designation
Mr. Jairam Varadaraj Managing Director
Mr. Anvar Jay Varadaraj Executive Director
Mr. B Vijayakumar Non Executive Director
Mr. Sudarsan Varadaraj Non Executive Director
Dr. Ganesh Devaraj Non Executive Director
Mr. M Ramprasad Non Executive Director
Ms. Aruna Thangaraj Non Executive Director

Elgi Equipments Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Elgi Equipments Corporate Action

Date Purpose Remarks
2024-07-31 Quarterly Results
2024-05-27 Audited Results & Final Dividend
2024-02-12 Quarterly Results
2023-11-08 Quarterly Results
2023-08-11 Quarterly Results

Elgi Equipments FAQs

What is Share Price of Elgi Equipments ?

Elgi Equipments share price is ₹737 As on 18 September, 2024 | 02:24

What is the Market Cap of Elgi Equipments ?

The Market Cap of Elgi Equipments is ₹23376.8 Cr As on 18 September, 2024 | 02:24

What is the P/E ratio of Elgi Equipments ?

The P/E ratio of Elgi Equipments is 72.1 As on 18 September, 2024 | 02:24

What is the PB ratio of Elgi Equipments ?

The PB ratio of Elgi Equipments is 14.5 As on 18 September, 2024 | 02:24

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