| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 1,062 | 867 | +22.6% |
| EBITDA | 155 | 121 | +28.2% |
| EBITDA margin | 14.6% | 14.0% | +0.6 pts |
| Profit before tax | 138 | 115 | +20.1% |
| Net profit | 103 | 85.6 | +20.7% |
| EPS | ₹3.28 | ₹2.71 | +21.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 16,280 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 286 | 286 | 155 | 229 | 125 | ||
| 405 | 405 | 491 | 560 | 509 | ||
| 16,399 | — | — | — | — | ||
| 4,146 | 3,951 | 3,510 | 3,218 | 3,041 | ||
| — | +12.5% | +9.1% | +5.8% | — | ||
| 613 | 579 | 525 | 486 | 433 | ||
| 14.8% | 14.7% | 15.0% | 15.1% | 14.2% | ||
| 522 | 493 | 449 | 409 | 355 | ||
| 448 | 430 | 350 | 312 | 371 | ||
| 10.8% | 10.9% | 10.0% | 9.7% | 12.2% | ||
| ₹14.13 | ₹13.57 | ₹11.05 | ₹9.84 | ₹11.70 | ||
| — | +22.8% | +12.3% | −15.9% | — | ||
| — | 454 | 391 | 288 | 166 | ||
| — | −154 | −94.8 | −48.9 | −69.0 | ||
| 299 | 299 | 296 | 239 | 96.9 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 16,279.7 | |
| - Cash, Equiv & ST Investments | 124.7 | 229.5 | 155.4 | 285.8 | 285.8 | |
| + Total Debt | 508.7 | 560.5 | 490.8 | 404.8 | 404.8 | |
| Enterprise Value | — | — | — | — | 16,398.7 | |
| Revenue | 3,040.7 | 3,217.8 | 3,510.4 | 3,950.7 | 4,146.2 | |
| Growth %, YoY | — | +5.8 | +9.1 | +12.5 | — | |
| EBITDA | 432.8 | 486.0 | 524.9 | 579.1 | 613.3 | |
| Margin % | 14.23 | 15.10 | 14.95 | 14.66 | 14.79 | |
| EBIT | 355.1 | 409.3 | 448.9 | 493.3 | 521.6 | |
| Net Income | 370.8 | 311.9 | 350.2 | 430.2 | 447.9 | |
| Margin % | 12.19 | 9.69 | 9.98 | 10.89 | 10.80 | |
| EPS, Adj (current shares) | 11.70 | 9.84 | 11.05 | 13.57 | 14.13 | |
| Growth %, YoY | — | -15.9 | +12.3 | +22.8 | — | |
| Cash from Operations | 165.9 | 287.7 | 390.9 | 453.5 | — | |
| Capital Expenditures | -69.0 | -48.9 | -94.8 | -154.4 | — | |
| Free Cash Flow | 96.9 | 238.8 | 296.1 | 299.1 | 299.1 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Elgi Equipments (NSE: ELGIEQUIP) had a market capitalisation of ₹16,202 crore at the 29 October 2026 close (₹511.25 a share), a PE ratio of 36.2 on the last four quarters' profit and a price-to-book ratio of 7.26. In FY26 its consolidated net profit was ₹430 crore on revenue of ₹3,951 crore; in Q1 FY27 (April–June 2026) it was ₹103 crore, up 20.7% year on year. Its debt-to-equity ratio was 0.18 on 31 March 2026. Promoters held 31.19% of the shares on 30 September 2026.
Elgi Equipments' PE ratio is 36.2 at the 29 October 2026 close (₹511.25 a share): a market capitalisation of ₹16,202 crore divided by consolidated net profit of ₹448 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹430 crore) it is 37.7.
Elgi Equipments' debt-to-equity ratio was 0.18 on 31 March 2026: borrowings of ₹405 crore against total equity of ₹2,232 crore. A year earlier, on 31 March 2025, it was 0.26.
Elgi Equipments' net worth — shareholders' equity in its consolidated balance sheet — was ₹2,232 crore on 31 March 2026, up 19.6% from ₹1,866 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹16,202 crore at the 29 October 2026 close.
Elgi Equipments' price-to-book (PB) ratio is 7.26 at the 29 October 2026 close: a market capitalisation of ₹16,202 crore divided by shareholders' equity (book value) of ₹2,232 crore on 31 March 2026. That is a book value of ₹70.43 per share against a share price of ₹511.25.
In FY26, Elgi Equipments' return on equity (ROE) was 21.0% and its return on capital employed (ROCE) was 22.9%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 20.2% and ROCE 24.4%.
Elgi Equipments' book value per share was ₹70.43 on 31 March 2026: shareholders' equity of ₹2,232 crore divided by the 31.69 crore shares in issue, up 19.7% from ₹58.85 a year earlier. The share price at the 29 October 2026 close was ₹511.25.
Elgi Equipments' market capitalisation was ₹16,202 crore at the 29 October 2026 close: 31.69 crore shares at ₹511.25 each.
Elgi Equipments' basic earnings per share (EPS) were ₹13.65 in FY26, against ₹11.09 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹14.20.
In 2026, Elgi Equipments has declared one dividend: ₹2.70 with record date 17 July 2026.
No. Elgi Equipments had borrowings of ₹405 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.18. Its cash and current investments were ₹840 crore, so it held net cash of ₹436 crore.
Elgi Equipments' dividend yield is 0.53% at the 29 October 2026 close: dividends of ₹2.70 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹511.25. They were ₹2.70 on 17 July 2026.
Promoters held 31.19% of Elgi Equipments on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Elgi Equipments' shares were held by promoters 31.19%, foreign portfolio investors (FII/FPI) 20.20%, domestic institutions (DII) 11.47% (including mutual funds at 10.05%) and retail and other non-institutional investors 36.66%. Over the year, FII holding was down 5.92 percentage points from 26.12% and DII holding was up 5.22 percentage points from 6.25%.
Elgi Equipments' latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net profit ₹103 crore, up 20.7% from ₹85.6 crore in Q1 FY26; revenue from operations ₹1,062 crore, up 22.6% year on year.
At the 29 October 2026 closing prices, on FY26 net profit, Elgi Equipments' PE ratio is 37.7, the second highest of the four: Kirloskar Oil Eng 48.9, Elecon Engineering 28.8 and Emmvee Photovoltaic Power 15.6, a peer average of 31.1. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Elgi Equipments generated ₹454 crore of cash from operations and spent ₹154 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹299 crore. In FY25 it was ₹296 crore.
In FY26 (April 2025–March 2026), Elgi Equipments' consolidated net profit was ₹430 crore, up 22.8% from ₹350 crore in FY25, on revenue from operations of ₹3,951 crore (up 12.5%). Over three years, from FY23, net profit was up 16.0%.
Elgi Equipments will announce its Q2 FY27 results (July–September 2026) on Friday, 6 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against Kirloskar Oil Eng, Elecon Engineering and Emmvee Photovoltaic Power: Elgi Equipments' operating margin of 12.5% is the lowest of the four (Kirloskar Oil Eng 16.1%, Elecon Engineering 17.7%, Emmvee Photovoltaic Power 28.5%; peer average 20.8%); its return on equity of 21.0% is the second highest of the four (Kirloskar Oil Eng 17.1%, Elecon Engineering 15.9%, Emmvee Photovoltaic Power 29.3%; peer average 20.8%).
In FY26, Elgi Equipments earned net profit of ₹430 crore on revenue of ₹3,951 crore, against ₹562 crore on ₹7,701 crore for Kirloskar Oil Eng. Elgi Equipments' operating margin was 12.5% (Kirloskar Oil Eng 16.1%) and its return on equity 21.0% (Kirloskar Oil Eng 17.1%). At the 29 October 2026 close, Elgi Equipments' market capitalisation was ₹16,202 crore against ₹27,485 crore for Kirloskar Oil Eng, and its PE ratio on FY26 profit 37.7 against 48.9.
From Elgi Equipments' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.