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Last Updated: 10 Mar 2026, 03:29:57 PM (IST)

Elgi Equipments Limited

NSE: ELGIEQUIP BSE: ELGIEQUIP

NSE
518.20 13.25 (2.62%)

Prev Close

504.95

Open Price

512.35

Volume

305,473

Today Low / High

505.1 / 522

52 WK Low / High

401 / 608.4

Range

492 - 544

BSE
517.85 12.35 (2.44%)

Prev Close

505.5

Open Price

511.3

Volume

19,440

Today Low / High

506.75 / 521.05

52 WK Low / High

390.05 / 608.25

Range

492 - 544

The stock is currently trading on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). On the NSE, the stock is priced at 518.2 (target range: 492 - 544), reflecting a change of 13.25 (2.62402%). On the BSE, it is listed at 517.85 (target range: 492 - 544), showing a change of 12.35 (2.44313%). Both the NSE and BSE data indicate positive movement, suggesting the stock is on an upward trend. This could be an attractive opportunity for investors looking for growth.

Elgi Equipments Limited Graph

Elgi Equipments Limited Price Target Predictions: Bullish vs. Bearish Scenarios with Ranges

If you are looking for the target price for Elgi Equipments Limited T1, T2, T3 for both Bullish and Bearish scenarios, here it is. For Bullish: T1, T2, T3. For Bearish: T1, T2, T3. The stock current price is 518.20, with potential price targets ranging from T1, T2, and T3 in both directions based on market conditions.

Scenario Price Target Range
Bullish Scenario 517.85 523.03 470.73 - 575.33
528.21 422.57 - 633.85
533.39 373.37 - 693.40
Bearish Scenario 517.85 512.67 461.40 - 563.94
507.49 405.99 - 608.99
502.31 351.62 - 653.01

Overview of Elgi Equipments Limited

ISIN

INE285A01027

Industry

Industrial - Machinery

Vol.Avg

584,871

Market Cap

164,243,147,708

Last Dividend

2.2

Official Website

Visit Website

IPO Date

2002-07-01

DCF Diff

45.04

DCF

447

Financial Ratios Every Investor Needs

Stock Dividend of ELGIEQUIP

Date Label Adj Dividend Dividend Record Date Payment Date Declaration Date
2025-07-18 July 18, 25 2.2 2.2 2025-07-18 2025-09-10
2024-07-24 July 24, 24 2 2 2024-07-24 2024-08-29
2023-07-28 July 28, 23 2 2 2023-07-28 2023-09-03
2022-08-04 August 04, 22 1.15 1.15 2022-08-05 2022-09-10
2021-07-23 July 23, 21 0.8 0.8 2021-07-26 2021-09-01

Stock Rating Details for ELGIEQUIP

Metric Value Recommendation
Overall Rating C- Strong Sell
DCF Score 3 Neutral
ROE Score 1 Strong Sell
ROA Score 1 Strong Sell
Debt-to-Equity (DE) Score 1 Strong Sell
Price-to-Earnings (PE) Score 1 Strong Sell
Price-to-Book (PB) Score 1 Strong Sell

Annual Financial Income Report

Date Revenue Co.Rev GP GPR R&D Expenses G&A Expenses Operating Income Net Income EPS EBITDA NIR
2025-03-31 3,510.40 Cr 1,746.50 Cr 1,763.90 Cr 0.5025 36.90 Cr 694.40 Cr 1,008.80 Cr 350.20 Cr 11.08 506.80 Cr 0.0998
2024-03-31 3,217.80 Cr 1,597.80 Cr 1,620.00 Cr 0.5034 37.20 Cr 662.30 Cr 897.60 Cr 312.10 Cr 9.86 466.90 Cr 0.0970
2023-03-31 3,040.70 Cr 1,569.21 Cr 1,471.49 Cr 0.4839 30.15 Cr 577.06 Cr 844.13 Cr 370.81 Cr 11.72 412.81 Cr 0.1219
2022-03-31 2,524.71 Cr 1,388.04 Cr 1,136.67 Cr 0.4502 30.91 Cr 488.72 Cr 604.31 Cr 178.43 Cr 5.64 274.65 Cr 0.0707
2021-03-31 1,925.78 Cr 1,053.99 Cr 871.79 Cr 0.4527 36.42 Cr 438.19 Cr 388.48 Cr 102.48 Cr 3.24 179.01 Cr 0.0532

Annual Financials Balance Sheet

Date C&C Equ. Tot. Assets Tot. Liab. Stock. Equity Tot. Debt Net Debt Inv. PP&E (Net) Curr. Def. Rev. Non-Curr. Def. Rev. LT Invest. Curr. Liab.
2025-03-31 874.50 Cr 3,041.50 Cr 1,175.60 Cr 1,865.6000 Cr 577.20 Cr -297.30 Cr 608.50 Cr 407.10 Cr 0.00 Cr 0.00 Cr 62.10 Cr 1,082.1000 Cr
2024-03-31 229.45 Cr 2,820.93 Cr 1,209.85 Cr 1,611.0800 Cr 638.06 Cr 408.60 Cr 622.23 Cr 358.83 Cr 0.00 Cr 54.31 Cr -486.88 Cr 1,103.9920 Cr
2023-03-31 124.73 Cr 2,501.56 Cr 1,130.41 Cr 1,371.1550 Cr 576.79 Cr 452.06 Cr 602.36 Cr 348.49 Cr 142.80 Cr 38.87 Cr 37.00 Cr 1,021.1070 Cr
2022-03-31 116.34 Cr 1,964.92 Cr 932.40 Cr 1,032.5130 Cr 435.82 Cr 319.48 Cr 483.06 Cr 312.24 Cr 24.30 Cr 73.14 Cr -107.54 Cr 806.0330 Cr
2021-03-31 127.06 Cr 1,766.71 Cr 896.82 Cr 869.8860 Cr 463.99 Cr 336.93 Cr 342.69 Cr 324.31 Cr 124.81 Cr 0.00 Cr -132.19 Cr 748.5050 Cr

Annual Financials Cash Flow Statement

Date Operating Cash Investing Cash Financing Cash Free Cash Cash Change Cash at End CapEx Income Debt Repay Dividends Inventory
2025-03-31 407.6000 Cr -331.2000 Cr -185.5000 Cr 312.8000 Cr -107.0000 Cr 126.0000 Cr -94.8000 Cr 350.2000 Cr -65.0000 Cr -63.2000 Cr 13.7000 Cr
2024-03-31 295.3110 Cr -138.6540 Cr -51.9370 Cr 246.4580 Cr 104.7200 Cr 229.4530 Cr -48.8530 Cr 311.8860 Cr 52.6340 Cr -63.2720 Cr -19.8670 Cr
2023-03-31 165.9110 Cr -217.3370 Cr 59.8200 Cr 96.9110 Cr 8.3940 Cr 124.7330 Cr -69.0000 Cr 510.3700 Cr 134.0950 Cr -36.3590 Cr -119.3070 Cr
2022-03-31 68.5620 Cr 1.9030 Cr -81.2100 Cr 28.0260 Cr -10.7450 Cr 117.0740 Cr -40.5360 Cr 263.0310 Cr -27.0830 Cr -25.3180 Cr -140.3630 Cr
2021-03-31 240.0410 Cr -109.5130 Cr -48.2190 Cr 208.8730 Cr 82.3090 Cr 127.8190 Cr -31.1680 Cr 152.7500 Cr -16.5620 Cr -0.1930 Cr 0.7370 Cr

Quarterly Financial Income Report

Date Revenue Co.Rev GP GPR Operating Income Net Income EPS EBITDA NIR
2025-12-31 1,003.40 Cr 494.80 Cr 508.60 Cr 0.5069 122.60 Cr 95.20 Cr 3.01 155.20 Cr 0.0949
2025-09-30 968.00 Cr 465.80 Cr 502.20 Cr 0.5188 119.20 Cr 121.40 Cr 3.85 194.70 Cr 0.1254
2025-06-30 866.70 Cr 414.50 Cr 452.20 Cr 0.5217 266.60 Cr 85.60 Cr 2.71 115.15 Cr 0.0988
2025-03-31 992.89 Cr 536.49 Cr 456.40 Cr 0.4597 212.04 Cr 102.05 Cr 3.23 149.80 Cr 0.1028
2024-12-31 847.59 Cr 412.65 Cr 434.94 Cr 0.5131 262.19 Cr 80.58 Cr 2.55 113.71 Cr 0.0951

Quarterly Financials Balance Sheet

Date Cash & Equiv. Short-Term Inv. Cash & Short-Term Net Receivables Inventory Total Curr. Assets PP&E (Net) Total Assets Total Liabilities
2025-09-30 165.60 Cr 747.60 Cr 913.20 Cr 620.50 Cr 643.80 Cr 2,249.40 Cr 462.30 Cr 3,176.90 Cr 1,168.90 Cr
2025-06-30 0.00 Cr 0.00 Cr 873.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr -1,865.60 Cr
2025-03-31 874.50 Cr 35.10 Cr 909.60 Cr 623.40 Cr 608.50 Cr 2,277.10 Cr 407.10 Cr 3,041.50 Cr 1,175.60 Cr
2024-12-31 0.00 Cr 0.00 Cr 643.41 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr -1,722.84 Cr
2024-09-30 118.65 Cr 554.03 Cr 643.41 Cr 629.15 Cr 686.26 Cr 2,081.54 Cr 353.62 Cr 2,781.37 Cr 1,058.53 Cr

Quarterly Financials Cash Flow Statement

Date Net Income Operating Cash Flow Investing Cash Flow Financing Cash Flow Net Cash Change Cash at End Cash at Beginning CapEx Free Cash Flow
2025-06-30 85.60 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr
2025-03-31 102.05 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr
2024-12-31 80.58 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr
2024-09-30 94.72 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr
2024-06-30 72.84 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr 0.00 Cr

Splits History

Date Label Split Ratio
2020-09-24 September 24, 20 2:1
2010-12-14 December 14, 10 2:1
2000-07-31 July 31, 00 20:1
1995-12-04 December 04, 95 1013:1000

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Key Executives

Chief Executive Officer, MD & Executive Director
Jairam Varadaraj

Gender: Not Specified

Year Born: 1961

Director of Product Excellence & Innovation
K. Venu Madhav

Gender: Not Specified

Year Born: 1972

Chief Strategy Officer
Premendra

Gender: Not Specified

Year Born:

Executive Director
Anvar Jay Varadaraj

Gender: male

Year Born: 1986

President of Isaame & Sea
Bhavesh Karia

Gender: male

Year Born: 1974

President of USA
Brian Pahl

Gender: male

Year Born:

Chief Information & Digital Officer
Gaurav Gupta

Gender: male

Year Born:

Chief Financial Officer
Indranil Sen

Gender: male

Year Born:

Chief Human Resource Officer
Nitesh Jain

Gender: male

Year Born:

Executive President of Operations & EBS
Ramesh Ponnuswami

Gender: male

Year Born: 1969

FAQs about Elgi Equipments Limited

Who is the CEO of the company?

The CEO is Jairam Varadaraj.

What is the current market price of the stock?

The current price is ₹520.10.

What is the 52-week price range?

The range is ₹401-608.4.

What is the market capitalization of the company?

The market capitalization is ₹16,424.31 crores.

What is the dividend yield?

The dividend yield is 0.42%.

What is the Price-to-Earnings (P/E) ratio?

The P/E ratio is 40.66.

Which sector does the company belong to?

The company operates in the Industrials sector.

What does the company do?

Overview of Elgi Equipments Limited (ISIN: INE285A01027) is a leading Industrial - Machinery in India. With a market capitalization of ₹16,424.31 crores and an average daily volume of 584,871 shares, it operates in the Industrial - Machinery. The company last declared a dividend of ₹2.2.