SSelectStock

ELGIEQUIPElgi Equipments Limited

Capital Goods · Specialty Industrial Machinery · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

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.

617.70
0.63%
66Decent

Mkt Cap
₹19,484 Cr
P/E
45.4
P/B
8.7
Div Yield
0.38%
52W High
₹653.40
52W Low
₹408.25

Price & Volume

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Key Ratios

Market Cap (₹ cr)19,484.10
P/E45.42
P/B8.72
PEG1.82
ROE %21.00
ROCE %17.80
Debt / Equity0.24
EPS13.60
Revenue Growth %12.10
Profit Growth %25.30
Dividend Yield %0.38
Promoter Holding %46.14
FII Holding %18.49
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

None of the 16 pattern scanners currently detects a setup on ELGIEQUIP — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

HOLDConviction 73%

The picture

  • Profit growth: 25.3% YoY
  • ROE: 21.0%
  • ROCE: 17.8%
  • Price vs SMA50: above
  • Price vs SMA200: above
  • Golden cross setup: SMA50 above SMA200

Bull case

  • Profit growth: 25.3% YoY
  • ROE: 21.0%
  • ROCE: 17.8%
  • Price vs SMA50: above

Bear case

  • Dividend yield: 0.38%
  • MACD: bearish
  • Price vs EMA21: below
  • Volume trend: 0.9x baseline

Key risks

  • Dividend yield: 0.38%
  • MACD: bearish

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

Trade Plan

Entry (CMP)
₹617.70
Stop Loss
₹590.04
risk 4.5%
Target 1 (1.5R)
₹659.19
+6.7%
Target 2 (3R)
₹700.68
+13.4%
Support (20d)
₹596.00
Resistance (52w)
₹653.40
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹27.66/share
ATR (volatility)
₹18.49
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹18.49). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental72
Technical54
Momentum72
Risk (safety)68

Peers — Capital Goods

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