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

ELGIEQUIP's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 37.645523
debtToEquity 30.267000
earningsGrowth -0.039000
revenueGrowth 0.031000
grossMargins 0.505660
operatingMargins 0.118980
trailingEps 10.250000
forwardEps 10.730000

ELGIEQUIP's low earnings and revenue growth suggest that the company may face shrinking profits. This could indicate underlying financial challenges, making it difficult for ELGIEQUIP to sustain its current profitability.
Elgi Equipments Limited's negative gross and operating margins indicate that the company is unable to generate profit from its core business activities. This suggests financial strain and could be a sign of deeper cost management issues.
ELGIEQUIP's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.

Recommendation changes over time:

Recommendations trend for ELGIEQUIP
Recommendations trend for ELGIEQUIP


With analysts showing a buy bias for Elgi Equipments Limited, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning Elgi Equipments Limited as a safe and profitable place for investors to allocate their funds and seek growth.