Elgi Equipments

ELGIEQUIP

NSE

BSE

SectorIndustrial Products

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The Quarter story

The two most recent quarterly results, compared side-by-side.

Elgi Equipments strengthens its balance sheet and core compressor sales while managing rising operational costs and margin pressure.

Compressors sales mix grew from 91% in Q4 FY25 to 92% in Q1 FY27 — maintaining core portfolio dominance

Pre-tax profit margin dropped from 17.3% in Q2 FY26 to 13.1% in Q1 FY27 — signaling margin compression pressures

Net cash reserves expanded from ₹4,188 Cr in Q4 FY25 to ₹6,800 Cr in Q1 FY27 — strengthening liquidity buffers

Employee costs rose from ₹1,721 Cr in Q4 FY25 to ₹2,085 Cr in Q1 FY27 — aligning with workforce expansion

Total debt fell from ₹4,908 Cr in Q4 FY25 to ₹3,851 Cr in Q1 FY27 — actively deleveraging the balance sheet

Depreciation charges climbed from ₹195 Cr in Q4 FY25 to ₹247 Cr in Q1 FY27 — reflecting expanded capital base

EBITDA margin improved from 14.0% in Q1 FY26 to 14.6% in Q1 FY27 — reflecting steady operational cost control

India compressors sales mix slipped from 52% in Q4 FY25 to 49% in Q1 FY27 — showing steady but shifting domestic demand

Consolidated sales increased from ₹9,929 Cr in Q4 FY25 to ₹10,622 Cr in Q1 FY27 — validating strong market demand

Material costs increased from ₹5,074 Cr in Q4 FY25 to ₹5,288 Cr in Q1 FY27 — tracking higher production volumes

About the company

Elgi Equipments Limited is an Indian company incorporated in 1960, specializing in the manufacture and trading of air compressors and automotive equipment. The company produces a wide range of compressors including oil lubricated screw air compressors, oil-free piston and screw air compressors, diesel and electric portable air compressors, and medical air compressors. Elgi has manufacturing plants in Coimbatore, India, and has expanded its operations globally through acquisitions and partnerships in countries such as the USA, France, and Germany. The company has invested in modernizing its facilities, developing new products, and expanding its distribution network. Elgi has also focused on technological advancements, collaborating with universities and international companies to improve its products and processes. In recent years, the company has emphasized digital transformation and expanded its presence in North America and Europe.

In the news

Elgi Equipments shares surge ₹15 to ₹626.55, Prabhudas maintains ₹638 target

Prabhudas Lilladher sets Elgi Equipments target at ₹603