Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Specialty Industrial Machinery

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 services. It 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.

Revenue projections:

Revenue projections for ELGIEQUIP
Revenue projections for ELGIEQUIP

Elgi Equipments Limited's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.

Financial Ratios:

currentRatio 0.000000
forwardPE 34.561687
debtToEquity 26.275000
earningsGrowth 0.182000
revenueGrowth 0.184000
grossMargins 0.501020
operatingMargins 0.122180
trailingEps 12.770000
forwardEps 15.400000

ELGIEQUIP's low Debt-to-Equity ratio means the company is not highly leveraged. This suggests a sound financial position with minimal reliance on debt, reducing risk and ensuring greater financial flexibility, making it a more stable option for investors.
With both earnings and revenue growth showing positive trends, ELGIEQUIP is expected to expand its business. This signals a healthy financial trajectory, suggesting that the company is positioned for continued growth and increasing profitability.
Elgi Equipments Limited's forward EPS being higher than its trailing EPS suggests that the company is expected to generate stronger profits this year. This points to improving financial performance, with Elgi Equipments Limited anticipated to deliver better earnings than it did in the prior year.

Price projections:

Price projections for ELGIEQUIP
Price projections for ELGIEQUIP

The price of Elgi Equipments Limited has repeatedly been close to the lower limit of price projections. This trend suggests that the stock may be underperforming, raising concerns among investors about future performance.

Recommendation changes over time:

Recommendations trend for ELGIEQUIP
Recommendations trend for ELGIEQUIP


A recent buy bias from analysts toward ELGIEQUIP may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that ELGIEQUIP might be an appealing option for those looking to grow their wealth through stock market investments.