Elgi Equipments Key Ratios
NSE: ELGIEQUIP | BSE: 522074
₹599.25
As on 27-Aug-2026IST
Market cap
₹18,981 Cr
Revenue (TTM)
₹4,146 Cr
P/E Ratio
42.4
P/B Ratio
8.2
Div. Yield
0.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -4.53 | 22.56 | 15.94 | 10.53 | 14.28 |
| EBIT | -12.47 | 27.66 | 14.31 | 12.55 | 26.08 |
| Net Profit | -15.02 | 27.08 | 28.03 | 15.07 | 30.40 |
| EPS | -19.30 | 20.68 | 23.42 | 5.38 | 29.44 |
| Book Value | -- | -- | 19.44 | 17.48 | 20.62 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 18.66 | 11.79 | 12.58 | 12.59 | 12.90 |
| Net Margin
| 15.78 | 9.75 | 10.37 | 10.57 | 9.81 |
| Return on equity
| 21.55 | 22.38 | 21.92 | 21.09 | 20.20 |
| Return on Capital
| 27.91 | 24.82 | -- | 24.39 | 22.86 |
| Return on Assets
| 16.63 | 12.72 | 13.43 | 13.22 | 12.09 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.18 | 0.26 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
--
|
24.39
|
22.86
|
23.46
|
32.59
|
|
Peer Median
|
--
|
23.76
|
33.99
|
24.25
|
23.34
|
ROE
21.92
Higher than Peers by 3.99
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
21.92
|
21.09
|
20.20
|
20.96
|
30.89
|
|
Peer Median
|
17.93
|
18.04
|
25.48
|
20.95
|
17.44
|
ROA
13.43
Higher than Peers by 2.56
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
13.43
|
13.22
|
12.09
|
11.87
|
16.79
|
|
Peer Median
|
10.87
|
10.88
|
15.59
|
10.83
|
10.66
|
EBIT Margin
12.58
Lower than Peers by 2.03
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
12.58
|
12.59
|
12.90
|
12.87
|
11.82
|
|
Peer Median
|
14.61
|
12.60
|
16.50
|
15.49
|
12.72
|
Net Margin
10.37
Lower than Peers by 0.02
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
10.37
|
10.57
|
9.81
|
9.54
|
11.93
|
|
Peer Median
|
10.39
|
10.57
|
11.64
|
9.93
|
9.80
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
--
|
13.06
|
12.14
|
12.08
|
14.75
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
15.94
Higher than Peers by 6.51
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
15.94
|
12.54
|
9.09
|
5.82
|
20.44
|
|
Peer Median
|
9.44
|
8.91
|
7.11
|
12.72
|
7.27
|
EBIT Growth
14.31
Higher than Peers by 3.78
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
14.31
|
9.83
|
9.37
|
15.21
|
62.13
|
|
Peer Median
|
10.53
|
-0.69
|
8.76
|
16.11
|
21.56
|
Net Profit Growth
28.03
Higher than Peers by 18.18
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
28.03
|
22.84
|
12.21
|
-15.83
|
107.82
|
|
Peer Median
|
9.85
|
1.08
|
3.73
|
18.64
|
21.76
|
EPS Growth
23.42
Higher than Peers by 20.39
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
23.42
|
22.84
|
12.21
|
-15.86
|
107.82
|
|
Peer Median
|
3.03
|
3.33
|
0.67
|
49.35
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
--
|
19.44
|
15.62
|
17.44
|
32.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
--
|
0.18
|
0.26
|
0.35
|
0.37
|
|
Peer Median
|
0.00
|
0.18
|
0.14
|
0.11
|
0.18
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
--
|
0.18
|
0.25
|
0.32
|
0.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.08
Higher than Peers by 0.03
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
2.08
|
2.08
|
2.10
|
1.92
|
1.79
|
|
Peer Median
|
2.05
|
2.06
|
2.07
|
1.92
|
1.79
|
Quick Ratio
1.49
Higher than Peers by 0.02
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
1.49
|
1.49
|
1.54
|
1.35
|
1.20
|
|
Peer Median
|
1.47
|
1.49
|
1.61
|
1.43
|
1.36
|
Interest Coverage
25.63
Higher than Peers by 11.18
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
25.63
|
20.57
|
14.96
|
13.99
|
22.14
|
|
Peer Median
|
14.46
|
9.98
|
14.26
|
13.95
|
12.97
|
Operating Efficiency
Debtors to sales
17.46
Lower than Peers by 9.40
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
17.46
|
18.32
|
17.33
|
18.42
|
18.11
|
|
Peer Median
|
26.86
|
28.92
|
30.76
|
24.25
|
21.79
|
Asset Turnover
1.26
Higher than Peers by 0.18
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
1.26
|
1.21
|
1.21
|
1.22
|
1.38
|
|
Peer Median
|
1.08
|
1.16
|
1.15
|
1.15
|
1.18
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
--
|
61.54
|
62.44
|
64.85
|
61.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
--
|
60.94
|
63.98
|
69.45
|
65.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
--
|
75.15
|
72.48
|
76.68
|
75.28
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
--
|
47.34
|
53.94
|
57.62
|
51.24
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
42.38
No difference
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
42.38
|
34.45
|
43.71
|
61.09
|
37.57
|
|
Peer Median
|
42.38
|
40.41
|
35.43
|
44.59
|
53.62
|
Price / Book Value
8.17
Higher than Peers by 3.27
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
8.17
|
6.67
|
8.23
|
11.86
|
10.17
|
|
Peer Median
|
4.90
|
4.90
|
5.29
|
7.86
|
7.17
|
Dividend Yield
0.45
Higher than Peers by 0.08
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
0.45
|
0.58
|
0.46
|
0.33
|
0.46
|
|
Peer Median
|
0.37
|
0.37
|
0.43
|
0.42
|
0.39
|
EV/EBITDA
25.50
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
25.50
|
20.68
|
25.43
|
34.54
|
27.93
|
|
Peer Median
|
--
|
27.57
|
24.76
|
39.21
|
52.46
|
Market Cap
18,981
Higher than Peers by 12,845
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Elgi Equipments
|
18,981
|
14,820
|
15,308
|
19,066
|
13,931
|
|
Peer Median
|
6,137
|
6,137
|
8,463
|
11,372
|
7,146
|