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ELGIEQUIPElgi Equipments Limited

Capital Goods · Specialty Industrial Machinery · NSE · as of 2026-07-21 (delayed ~30 min in market hours)

600.00
2.04%
70Strong

Price & Volume

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Key Ratios

Market Cap (₹ cr)18,536.20
P/E43.20
P/B8.30
PEG1.70
ROE %21.00
ROCE %17.80
Debt / Equity0.24
EPS13.61
Revenue Growth %12.10
Profit Growth %25.40
Dividend Yield %0.46
Promoter Holding %46.14
FII Holding %18.03
DII Holding %
Beta0.04

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

Pullback to 21-EMALONG65%600.00562.78665.221.75
BUYConviction 80%

Why buy

  • Profit growth: 25.4% YoY
  • ROE: 21.0%
  • ROCE: 17.8%
  • RSI: 56
  • MACD: fresh bullish crossover
  • Price vs EMA21: above
  • Pullback to 21-EMA signal (setup quality 65%)

Bull case

  • Profit growth: 25.4% YoY
  • ROE: 21.0%
  • ROCE: 17.8%
  • RSI: 56

Bear case

  • Dividend yield: 0.46%
  • 1-month return: -2.3%
  • 1-month vs NIFTY: -3.1% relative
  • Beta: 0.04

Key risks

  • Dividend yield: 0.46%
  • 1-month return: -2.3%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹600.00
Stop Loss
₹557.15
risk 7.1%
Target 1 (1.5R)
₹664.28
+10.7%
Target 2 (3R)
₹728.56
+21.4%
Support (20d)
₹562.78
Resistance (52w)
₹633.85
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹42.85/share
ATR (volatility)
₹17.65
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹17.65). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
75
Technical
80
Momentum
60
Risk (safety)
59

Peers — Capital Goods

ADOR 7.88%
81
KSHINTL 1.30%
79
DIACABS 10.00%
78
INOXINDIA 4.32%
77
AARVI 3.51%
77
MMFL 4.13%
77

About

Elgi Equipments Limited manufactures and sells air compressors and related parts in India, Europe, Australia, the United States, 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 portable air compressors, railway air compressors, heat recovery systems, and medical air compressors and vacuum pumps, as well as air accessories; air compressor parts, filters and separators, lubricants and fluids, and service kits, and other accessories; and air compressor service. It is also involved in the trading of air compressors, nitrogen systems, and altitude training systems; manufacture and trading of automotive garage equipment, compressed air systems, and vacuum pumps for medical applications; renting of property; and provision of design services. In addition, the company manufactures and trades compressors, hydraulic hammers, and rampi cars. The company serves manufacturing, textile, agriculture, automotive, and construction industries. Elgi Equipments Limited was incorporated in 1960 and is based in Coimbatore, India.