Elgi Equipments Limited Share Price and Company Fundamentals



Price
₹486.25
Change
11.250 (2.368%)
52 week
248.7 - 566.6

Last traded: Today at 9:59 AM

Elgi Equipments Limited manufactures and sells air compressors and related parts in India and internationally. It operates through two segments, Air Compressors and Automotive Equipments. The company offers oil lubricated screw and piston air compressors; oil free piston and screw air compressors; rotary and reciprocating air compressors; diesel and electric powered portable air compressors; railway air compressors; heat recovery systems; and medical air compressors, as well as air accessories. It is also involved in the trading of air compressors, nitrogen systems, and altitude training systems; manufacture and trading of automotive garage equipment; marketing and sale of vacuum pumps for medical applications; provision of design services; and rental of properties. The company serves manufacturing, textile, pharmaceutical, agriculture, mining, healthcare, automotive, and construction industries. Elgi Equipments Limited was incorporated in 1960 and is based in Coimbatore, India.

Key Metrics

PE ratio

66.22

PB ratio

13.83

Dividend yield

0.00%

Beta

0.90

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Specialty Industrial Machinery / Industrials
Full time employees 1512
Website https://www.elgi.com
Mailing address Elgi Industrial Complex III Trichy Road Singanallur Coimbatore 641005 India
Phone / Fax 91 42 2258 9555 / 91 42 2257 3697

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

15.46%

Elgi Equipments Limited paid ₹0.00 dividend and the ex-dividend date was 04 Aug 2022.The dividend payout ratio is 15.46%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ELGIEQUIP dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

ELGIEQUIP's forward dividend amount is ₹1.15 and the forward dividend yield is 0.24%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Elgi Equipments Limited.

Name Title Age Total Pay
Dr. Jairam Varadaraj CEO, MD & Exec. Director 60 18.17M
Mr. R. Jayakanthan Chief Financial Officer 57
Dr. K. Venu Madhav Director of Technology 49
Mr. Anvar Jay Varadaraj Sr. Mang. of Marketing & Corp. Communications and Exec. Director 35 2.35M
Mr. Ramesh Ponnuswami Exec. Director of OSEA 52
Mr. Chris Ringlstetter Pres of Europe
Mr. Bheemsingh Melchisedec Director of Operations
Mr. Prasanna Venkatesan Gen. Mang. of Fin. & Accounts
Mr. Shyam Vasudevan VP of Legal & Secretarial
Mr. S. Prakash Company Sec. & Compliance Officer

Profitability and management effectiveness

Profit margin

8.36%

Operating margin

10.60%

Return on assets

8.85%

Return on equity

23.08%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Elgi Equipments Limited is and its enterprise value is .

The ELGIEQUIP's stocks Beta value is 0.90 making it 10% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Elgi Equipments Limited (NSE:ELGIEQUIP) Frequently Asked Questions

1. What is Elgi Equipments Limited's Stock Symbol?

Elgi Equipments Limited trades on NSE under the ticker symbol "ELGIEQUIP".

2. What is Elgi Equipments Limited's stock price today?

One share of ELGIEQUIP stock can currently be purchased for approximately ₹486.25.

3. How can I contact Elgi Equipments Limited?

Elgi Equipments Limited's mailing address is Elgi Industrial Complex III Trichy Road Singanallur Coimbatore 641005 India. The company can be reached via phone at 91 42 2258 9555.

4. What is Elgi Equipments Limited's official website?

The official website of Elgi Equipments Limited is https://www.elgi.com.