Company Elgi Equipments Limited Bombay S.E.

Equities

ELGIEQUIP

INE285A01027

Industrial Machinery & Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Elgi Equipments Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Air & Gas Compressors

Market Closed - Bombay S.E. Other stock markets 06:00:53 2024-07-12 am EDT			5-day change	1st Jan Change
703.5 ^INR	-0.84%		-4.56%	+29.36%

Jun. 07	Elgi Equipments Arm Extends Completion Date for Stake Sale in Joint Venture	MT
May. 28	Transcript : Elgi Equipments Limited, Q4 2024 Earnings Call, May 28, 2024

Elgi Equipments Limited is an India-based company, which is engaged in manufacturing and trading of air compressors. The Companyâs segment includes Air compressors and Automotive equipmentâs. It provides a range of compressors, which includes oil lubricated screw air compressors, oil free piston air compressors, oil free screw air compressors, oil lubricated piston air compressors, diesel portable air compressors, electric portable air compressors, electric portable air compressors, medical air compressors & vacuum pumps, heat recovery systems, and air accessories. Its diesel portable compressor products include trolley mounted compressors 185-1200 cubic feet per minute (CFM) and skid mounted compressors 500-1500 CFM. Its oil lubricated piston air compressors products include 1-2 HP single-stage direct drive reciprocating compressor, 1-3 HP single-stage belt drive reciprocating compressor, 3-10 HP two-stage direct drive reciprocating air compressor.

Number of employees: 2,172

INR in Million	2023	Weight	2024	Weight	Delta
Air Compressors 91.9 %	28,135	92.5 %	29,586	91.9 %	+5.16%
Automotive Equipments 8.1 %	2,298	7.6 %	2,616	8.1 %	+13.83%
Reconciling Items -0.1 %	-26	-0.1 %	-24	-0.1 %	-4.27%

INR in Million	2023	Weight	2024	Weight	Delta
India 51.7 %	14,555	47.9 %	16,627	51.7 %	+14.24%
Americas 23.2 %	8,996	29.6 %	7,477	23.2 %	-16.88%
Europe 11.4 %	3,275	10.8 %	3,663	11.4 %	+11.87%
Others 8.8 %	2,040	6.7 %	2,830	8.8 %	+38.69%
Australia 4.9 %	1,541	5.1 %	1,580	4.9 %	+2.54%

Managers	Title	Age	Since
Jairam Varadaraj CEO	Chief Executive Officer	63	92-05-28
Bhavesh Karia PSD	President	-	Nov. 01
Khyati Acharya ADM	Chief Administrative Officer	-	13-04-30
Venu Madhav CTO	Chief Tech/Sci/R&D Officer	52	97-12-31
D. Bheemsingh Melchisedec COO	Chief Operating Officer	-	21-12-31
Balamurugan K. IRO	Public Communications Contact	-	09-03-31
Anya Geraldine D'Souza IRO	Public Communications Contact	-	20-03-31
Nitesh Jain HRO	Human Resources Officer	-	-
Premendra PRN	Corporate Officer/Principal	-	23-02-28
Ramesh Ponnuswami PRN	Corporate Officer/Principal	-	11-10-31

Members of the board	Title	Age	Since
Jairam Varadaraj CEO	Chief Executive Officer	63	92-05-28
Balakrishnan Vijayakumar BRD	Director/Board Member	71	93-01-10
Sudarsan Varadaraj BRD	Director/Board Member	66	93-11-17
Anvar Varadaraj BRD	Director/Board Member	-	20-03-31
Ganesh Devaraj BRD	Director/Board Member	56	03-10-29
Mathrubutham Ramprasad BRD	Director/Board Member	58	04-09-24
Aruna Thangaraj BRD	Director/Board Member	42	19-05-26

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	316,181,816	148,403,443 ( 46.94 %)	0	46.94 %

Name	Equities	%	Valuation
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Jairam Varadaraj 8.905 %	28,221,616	8.905 %	243 M ₹
Gagandeep Credit Capital Pvt Ltd. 4.639 %	14,701,200	4.639 %	127 M ₹
Elgi Ultra Industries Ltd. 3.254 %	10,310,972	3.254 %	89 M ₹
SBI Funds Management Ltd. 3.189 %	10,106,654	3.189 %	87 M ₹
Nalanda Capital Pte Ltd. 2.804 %	8,884,770	2.804 %	76 M ₹
Al Mehwar Commercial Investments LLC 1.796 %	5,692,898	1.796 %	49 M ₹
Nemish Shantilal Shah 1.691 %	5,360,000	1.691 %	46 M ₹
Anvar Varadaraj 0.6075 %	1,925,248	0.6075 %	17 M ₹

ELGI Equipments Ltd.

Elgi Industrial Complex Trichy Road

641005, Coimbatore

+91 42 2258 9555

http://www.elgi.com

address Elgi Equipments Limited(ELGIEQUIP)

Name	Category and Sector
ATS Elgi Ltd. ATS Elgi Ltd. Industrial ConglomeratesProducer Manufacturing ATS Elgi Ltd. manufactures and distributes automotive service equipment. It offers lifting equipment, wheel service, diagnostic, lube, body shop, and washing equipment as well as fume exhaust extraction systems, pneumatic tools, and other special products. The company was founded by L.G. Ramamurthi on February 28, 2007 and is headquartered in Coimbatore, India.	Industrial Conglomerates
Industrial Air Compressors Pty Ltd. Industrial Air Compressors Pty Ltd. Industrial MachineryProducer Manufacturing Part of ELGI Equipments Ltd., Industrial Air Compressors Pty Ltd. is an Australian company that provides air compressor services. The company is based in Arndell Park, Australia.	Industrial Machinery
ELGi Compressors Europe SRL ELGi Compressors Europe SRL Industrial MachineryProducer Manufacturing ELGi Compressors Europe SRL manufactures and distributes compressors. The firm products include oil lubricated compressors, oil free compressors and accessories. The company was founded in 1960 and is headquartered in Waterloo, Belgium.	Industrial Machinery

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

704.4 INR

Average target price

636.5 INR

Spread / Average Target

-9.65%

Consensus

Estimates Revisions

Company calendar

Industrials

Industrial Goods

Machinery, Equipment & Components

Industrial Machinery & Equipment

Air & Gas Compressors

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Air & Gas Compressors