Elgi Equipments Ltd.
ELGIEQUIPIndustrials filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
29 transcript(s)/analyst meet(s) served; 8 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 29 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20201111 | 2020-09-30 | yes | |
| TRANSCRIPT | 20211116 | 2020-09-30 | yes | |
| TRANSCRIPT | 20210215 | 2020-12-31 | yes | |
| TRANSCRIPT | 20220217 | 2020-12-31 | yes | |
| COVER_LETTER | 20210524 | 2021-03-31 | no | |
| TRANSCRIPT | 20210527 | 2021-03-31 | yes | |
| TRANSCRIPT | 20220518 | 2021-03-31 | yes | |
| TRANSCRIPT | 20220816 | 2021-03-31 | yes | |
| COVER_LETTER | 20210805 | 2021-06-30 | no | |
| COVER_LETTER | 20220813 | 2021-06-30 | no | |
| COVER_LETTER | 20211112 | 2021-09-30 | no | |
| COVER_LETTER | 20220215 | 2021-12-31 | no | |
| TRANSCRIPT | 20220314 | 2021-12-31 | yes | |
| COVER_LETTER | 20220516 | 2022-03-31 | no | |
| COVER_LETTER | 20221107 | 2022-09-30 | no | |
| TRANSCRIPT | 20221110 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230208 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230522 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230822 | 2023-06-30 | yes | |
| COVER_LETTER | 20241112 | 2024-09-30 | no | |
| TRANSCRIPT | 20250214 | 2024-12-31 | yes | |
| ANALYST_MEET | 20250303 | 2024-12-31 | yes | |
| ANALYST_MEET | 20250530 | 2025-03-31 | yes | |
| ANALYST_MEET | 20250819 | 2025-06-30 | yes | |
| ANALYST_MEET | 20251119 | 2025-09-30 | yes | |
| ANALYST_MEET | 20260217 | 2025-12-31 | yes | |
| ANALYST_MEET | 20260304 | 2025-12-31 | yes | |
| ANALYST_MEET | 20260603 | 2026-03-31 | yes | |
| ANALYST_MEET | 20260820 | 2026-06-30 | yes |
ELGIEQUIP
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.
| Last close | 608.80 |
| 52-week range | 415.55 – 642.4 |
| Return 1M | -0.24% |
| Return 3M | 0.79% |
| Return 1Y | 21.54% |
| Return 3Y | 20.2% |
| Return 5Y | 191.99% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 1,062.00 |
| Other income | 20.00 |
| Total income | 1,083.00 |
| Cost of materials consumed | 422.00 |
| Purchases of stock-in-trade | 128.00 |
| Changes in inventories | -21.00 |
| Employee benefit expense | 208.00 |
| Finance costs | 6.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.31 | 0.00 |
| institutions foreign | 0.22 | -0.00 |
| institutions domestic | 0.10 | 0.01 |
| mutual funds | 0.09 | 0.01 |
| public | 0.68 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| ANALYST_MEET | 2026-06-30 | 8 |
| COVER_LETTER | 2024-09-30 | 8 |
| TRANSCRIPT | 2024-12-31 | 13 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 739.00 | 772.00 | 836.00 | 724.00 | 806.00 | 822.00 | 866.00 | 801.00 | 869.00 | 848.00 | 993.00 | 867.00 | 968.00 | 1,003.00 | 1,113.00 | 1,062.00 |
| Other income | 15.00 | 18.00 | 23.00 | 18.00 | 12.00 | 11.00 | 15.00 | 14.00 | 14.00 | 13.00 | 17.00 | 20.00 | 51.00 | 24.00 | 22.00 | 20.00 |
| Total income | 753.00 | 790.00 | 859.00 | 741.00 | 818.00 | 833.00 | 881.00 | 815.00 | 883.00 | 861.00 | 1,010.00 | 886.00 | 1,019.00 | 1,028.00 | 1,135.00 | 1,083.00 |
| Cost of materials consumed | 298.00 | 317.00 | 304.00 | 286.00 | 286.00 | 313.00 | 323.00 | 310.00 | 314.00 | 319.00 | 353.00 | 307.00 | 329.00 | 370.00 | 432.00 | 422.00 |
| Purchases of stock-in-trade | 100.00 | 94.00 | 89.00 | 90.00 | 83.00 | 91.00 | 98.00 | 102.00 | 105.00 | 98.00 | 108.00 | 109.00 | 142.00 | 146.00 | 142.00 | 128.00 |
| Changes in inventories | -29.00 | -21.00 | 22.00 | -24.00 | 20.00 | -2.00 | 7.00 | -27.00 | -6.00 | -4.00 | 47.00 | -1.00 | -6.00 | -21.00 | -15.00 | -21.00 |
| Employee benefit expense | 137.00 | 144.00 | 150.00 | 158.00 | 158.00 | 169.00 | 170.00 | 168.00 | 170.00 | 173.00 | 172.00 | 186.00 | 194.00 | 194.00 | 202.00 | 208.00 |
| Finance costs | 5.00 | 6.00 | 5.00 | 5.00 | 7.00 | 8.00 | 10.00 | 9.00 | 8.00 | 6.00 | 8.00 | 7.00 | 7.00 | 5.00 | 6.00 | 6.00 |
| Depreciation and amortisation | 20.00 | 20.00 | 19.00 | 19.00 | 19.00 | 19.00 | 20.00 | 19.00 | 19.00 | 19.00 | 20.00 | 19.00 | 21.00 | 21.00 | 25.00 | 25.00 |
| Other expenses | 120.00 | 123.00 | 144.00 | 125.00 | 117.00 | 122.00 | 144.00 | 134.00 | 145.00 | 143.00 | 164.00 | 146.00 | 168.00 | 171.00 | 178.00 | 170.00 |
| Total expenses | 651.00 | 684.00 | 733.00 | 658.00 | 689.00 | 720.00 | 770.00 | 715.00 | 755.00 | 752.00 | 870.00 | 772.00 | 856.00 | 886.00 | 970.00 | 938.00 |
| Profit before exceptional items and tax | 103.00 | 106.00 | 125.00 | 83.00 | 129.00 | 113.00 | 110.00 | 100.00 | 128.00 | 109.00 | 139.00 | 115.00 | 164.00 | 142.00 | 165.00 | 145.00 |
| Exceptional items | 0.00 | 0.00 | 105.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -15.00 | 0.00 | -7.00 |
| Profit before tax | 103.00 | 106.00 | 231.00 | 83.00 | 129.00 | 113.00 | 110.00 | 100.00 | 128.00 | 109.00 | 139.00 | 115.00 | 164.00 | 127.00 | 165.00 | 138.00 |
| Current tax | 32.00 | 27.00 | 56.00 | 30.00 | 37.00 | 35.00 | 39.00 | 30.00 | 38.00 | 33.00 | 41.00 | 33.00 | 40.00 | 37.00 | 43.00 | 36.00 |
| Deferred tax | -0.00 | -2.00 | 5.00 | -4.00 | 2.00 | -5.00 | -5.00 | -3.00 | -2.00 | -3.00 | -3.00 | -1.00 | 5.00 | -3.00 | -7.00 | 0.00 |
| Tax expense | 32.00 | 25.00 | 61.00 | 25.00 | 39.00 | 30.00 | 34.00 | 27.00 | 36.00 | 30.00 | 38.00 | 32.00 | 46.00 | 34.00 | 36.00 | 36.00 |
| Profit for the period | 72.00 | 80.00 | 170.00 | 60.00 | 91.00 | 84.00 | 76.00 | 73.00 | 95.00 | 81.00 | 102.00 | 86.00 | 121.00 | 95.00 | 128.00 | 103.00 |
| Profit attributable to owners | 72.00 | 80.00 | 170.00 | 60.00 | 91.00 | 84.00 | 76.00 | 73.00 | 95.00 | 81.00 | 102.00 | 86.00 | 121.00 | 95.00 | 128.00 | 103.00 |
| Profit attributable to non-controlling interests | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | 7.00 | -3.00 | -4.00 | 2.00 | 7.00 | 0.00 | -1.00 | 2.00 | 1.00 | 10.00 | -19.00 | -7.00 | 8.00 | 0.00 | 19.00 | 5.00 |
| Total comprehensive income | 79.00 | 77.00 | 166.00 | 62.00 | 98.00 | 84.00 | 75.00 | 75.00 | 96.00 | 90.00 | 83.00 | 78.00 | 129.00 | 95.00 | 147.00 | 108.00 |
| Earnings per share, basic | 2.27 | 2.53 | 5.38 | 1.91 | 2.89 | 2.65 | 2.41 | 2.30 | 2.99 | 2.55 | 3.23 | 2.71 | 3.85 | 3.01 | 4.06 | 3.28 |
| Earnings per share, diluted | 2.27 | 2.53 | 5.37 | 1.91 | 2.88 | 2.65 | 2.41 | 2.30 | 2.99 | 2.55 | 3.23 | 2.70 | 3.83 | 3.01 | 4.05 | 3.27 |
Annual results, as filed
| Line | 2018-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,622.00 | 1,829.00 | 1,924.00 | 2,525.00 | 3,041.00 | 3,218.00 | 3,510.00 | 3,951.00 |
| Other income | 12.00 | 13.00 | 23.00 | 55.00 | 67.00 | 55.00 | 58.00 | 118.00 |
| Total income | 1,635.00 | 1,843.00 | 1,948.00 | 2,580.00 | 3,108.00 | 3,273.00 | 3,568.00 | 4,068.00 |
| Cost of materials consumed | 704.00 | 757.00 | 706.00 | 1,150.00 | 1,227.00 | 1,208.00 | 1,295.00 | 1,438.00 |
| Purchases of stock-in-trade | 223.00 | 253.00 | 291.00 | 317.00 | 383.00 | 361.00 | 413.00 | 539.00 |
| Changes in inventories | -22.00 | -30.00 | 31.00 | -110.00 | -77.00 | 0.00 | 10.00 | -43.00 |
| Employee benefit expense | 281.00 | 405.00 | 412.00 | 484.00 | 572.00 | 655.00 | 683.00 | 776.00 |
| Finance costs | 6.00 | 16.00 | 13.00 | 11.00 | 20.00 | 29.00 | 30.00 | 25.00 |
| Depreciation and amortisation | 45.00 | 65.00 | 74.00 | 74.00 | 78.00 | 77.00 | 76.00 | 86.00 |
| Other expenses | 260.00 | 308.00 | 269.00 | 391.00 | 503.00 | 508.00 | 585.00 | 662.00 |
| Total expenses | 1,497.00 | 1,774.00 | 1,796.00 | 2,318.00 | 2,705.00 | 2,838.00 | 3,092.00 | 3,483.00 |
| Profit before exceptional items and tax | 138.00 | 68.00 | 151.00 | 262.00 | 403.00 | 435.00 | 476.00 | 586.00 |
| Exceptional items | -3.00 | 0.00 | 0.00 | 0.00 | 105.00 | 0.00 | 0.00 | -15.00 |
| Profit before tax | 135.00 | 68.00 | 151.00 | 262.00 | 508.00 | 435.00 | 476.00 | 571.00 |
| Current tax | 42.00 | 38.00 | 52.00 | 85.00 | 138.00 | 141.00 | 142.00 | 154.00 |
| Deferred tax | -1.00 | -11.00 | -1.00 | -0.00 | 2.00 | -12.00 | -11.00 | -6.00 |
| Tax expense | 41.00 | 27.00 | 50.00 | 85.00 | 140.00 | 128.00 | 131.00 | 147.00 |
| Profit for the period | 95.00 | 43.00 | 102.00 | 178.00 | 371.00 | 312.00 | 350.00 | 430.00 |
| Profit attributable to owners | 95.00 | 43.00 | 102.00 | 178.00 | 371.00 | 312.00 | 350.00 | 430.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 | 186.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | 6.00 | 11.00 | 3.00 | 7.00 | 2.00 | 8.00 | -6.00 | 20.00 |
| Total comprehensive income | 101.00 | 54.00 | 105.00 | 186.00 | 373.00 | 320.00 | 344.00 | 450.00 |
| Earnings per share, basic | 6.02 | 2.69 | 4.61 | 321.95 | 11.72 | 9.86 | 11.09 | 13.65 |
| Earnings per share, diluted | 6.02 | 2.69 | 4.61 | 322.14 | 11.71 | 9.86 | 11.08 | 13.61 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 2,332.00 | 2,502.00 | 2,618.00 | 2,821.00 | 2,781.00 | 3,042.00 | 3,177.00 | 3,546.00 |
| Non-current assets | 653.00 | 678.00 | 697.00 | 702.00 | 700.00 | 764.00 | 928.00 | 1,055.00 |
| Current assets | 1,679.00 | 1,824.00 | 1,921.00 | 2,119.00 | 2,077.00 | 2,277.00 | 2,249.00 | 2,490.00 |
| Property, plant and equipment | 304.00 | 346.00 | 347.00 | 349.00 | 278.00 | 354.00 | 386.00 | 434.00 |
| Capital work-in-progress | 22.00 | 3.00 | 6.00 | 10.00 | 13.00 | 53.00 | 77.00 | 136.00 |
| Goodwill | 195.00 | 203.00 | 203.00 | 205.00 | 210.00 | 209.00 | 224.00 | 239.00 |
| Other intangible assets | 35.00 | 34.00 | 30.00 | 28.00 | 88.00 | 24.00 | 23.00 | 22.00 |
| Inventories | 619.00 | 602.00 | 629.00 | 622.00 | 686.00 | 608.00 | 644.00 | 711.00 |
| Trade receivables | 479.00 | 551.00 | 554.00 | 603.00 | 623.00 | 608.00 | 616.00 | 724.00 |
| Cash and cash equivalents | 127.00 | 125.00 | 155.00 | 229.00 | 119.00 | 120.00 | 166.00 | 164.00 |
| Total equity and liabilities | 2,332.00 | 2,502.00 | 2,618.00 | 2,821.00 | 2,781.00 | 3,042.00 | 3,177.00 | 3,546.00 |
| Equity | 1,126.00 | 1,371.00 | 1,462.00 | 1,611.00 | 1,723.00 | 1,866.00 | 2,008.00 | 2,232.00 |
| Equity share capital | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 |
| Other equity | 1,095.00 | 1,339.00 | 1,430.00 | 1,579.00 | 1,691.00 | 1,834.00 | 1,976.00 | 2,200.00 |
| Total liabilities | 1,206.00 | 1,130.00 | 1,156.00 | 1,210.00 | 1,059.00 | 1,176.00 | 1,169.00 | 1,314.00 |
| Non-current liabilities | 123.00 | 109.00 | 105.00 | 106.00 | 83.00 | 94.00 | 106.00 | 118.00 |
| Current liabilities | 1,082.00 | 1,021.00 | 1,051.00 | 1,104.00 | 975.00 | 1,082.00 | 1,063.00 | 1,196.00 |
| Borrowings, non-current | 44.00 | 22.00 | 12.00 | 20.00 | 11.00 | 7.00 | 4.00 | 0.00 |
| Borrowings, current | 563.00 | 487.00 | 538.00 | 541.00 | 443.00 | 484.00 | 421.00 | 405.00 |
| Trade payables | 338.00 | 314.00 | 329.00 | 345.00 | 329.00 | 337.00 | 373.00 | 460.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 13.00 | 166.00 | 117.00 | 288.00 | 69.00 | 391.00 | 265.00 | 454.00 |
| Net cash from investing activities | -185.00 | -217.00 | -37.00 | -101.00 | 20.00 | -283.00 | 1.00 | -98.00 |
| Net cash from financing activities | 181.00 | 60.00 | -50.00 | -82.00 | -200.00 | -217.00 | -220.00 | -312.00 |
| Purchase of property, plant and equipment | 26.00 | 69.00 | 26.00 | 49.00 | 30.00 | 95.00 | 64.00 | 154.00 |
| Net increase in cash | 10.00 | 8.00 | 30.00 | 105.00 | -111.00 | -109.00 | 45.00 | 43.00 |
| con:CFO.BEFORE_TAX | 61.00 | 285.00 | 197.00 | 452.00 | 132.00 | 531.00 | 322.00 | 603.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 47.00 | 119.00 | 80.00 | 165.00 | 63.00 | 140.00 | 58.00 | 150.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 1.00 | 1.00 | 0.00 | 1.00 | 0.00 | 35.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 23.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 1.00 | 120.00 | 5.00 | 7.00 | 2.00 | 2.00 | 37.00 | 49.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 1.00 | 4.00 | 4.00 | 1.00 | 1.00 |
| con:CF_INVESTING.JV_ACQUIRED | 2.00 | 3.00 | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 31.19 | 31.19 | 31.19 | 31.19 | 31.19 | 31.19 | 31.19 | 31.19 | 31.19 | 31.19 | 0.31 | 0.31 | 0.31 | 0.31 |
| Domestic institutions | 4.87 | 4.87 | 4.84 | 4.93 | 4.98 | 5.00 | 5.05 | 5.08 | 4.98 | 5.23 | 0.06 | 0.08 | 0.09 | 0.10 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 3.63 | 0.05 | 0.07 | 0.08 | 0.09 |
| Insurance companies | 0.02 | 0.01 | 0.03 | 0.00 | 0.06 | 0.08 | 0.07 | 0.07 | 0.03 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreign institutions | 29.10 | 29.33 | 28.82 | 29.02 | 29.54 | 29.47 | 29.40 | 29.39 | 29.09 | 27.62 | 0.26 | 0.23 | 0.22 | 0.22 |
| Public | 68.64 | 68.67 | 68.63 | 68.65 | 68.65 | 68.58 | 68.64 | 68.63 | 68.43 | 68.43 | 0.68 | 0.68 | 0.68 | 0.68 |
| Non-institutional | 34.67 | 34.46 | 34.97 | 34.70 | 34.13 | 34.11 | 34.19 | 34.16 | 34.36 | 35.58 | 0.36 | 0.37 | 0.37 | 0.36 |
| Shares outstanding | 316909016 | 316909016 | 316909016 | 316909016 | 316909016 | 316909016 | 316909016 | 316909016 | 316909016 | 316909016 | 316909016 | 316909016 | 316909016 | 316909016 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Elgi Compressors USA Inc. | Subsidiary | Any other transaction, Sale of goods or services | 3,592,960,000.00 | 20 |
| Elgi Compressors Europe S.r.l | Subsidiary | Any other transaction, Sale of goods or services | 2,106,020,000.00 | 10 |
| Patton's Inc. | Subsidiary | Any other transaction, Sale of goods or services | 1,550,400,000.00 | 4 |
| Elgi Gulf FZE | Subsidiary | Any other transaction, Purchase of goods or services | 1,232,340,000.00 | 20 |
| Rotair SPA | Step down Subsidiary | Any other transaction, Purchase of goods or services | 469,700,000.00 | 32 |
| Elgi Compressors Europe S.R.L | Fellow Subsidiary | Any other transaction, Sale of goods or services | 422,160,000.00 | 42 |
| Elgi Equipments Australia Pty Limited | Subsidiary | Any other transaction, Sale of goods or services | 416,300,000.00 | 12 |
| Industrial Air Solutions LLP | Joint venture | Any other transaction, Purchase of goods or services | 410,260,000.00 | 16 |
| Elgi Equipments Limited | Parent | Any other transaction | 382,440,000.00 | 54 |
| F.R.PULFORD & SON PTY LTD | Step down Subsidiary | Any other transaction, Purchase of goods or services | 292,680,000.00 | 12 |
| ATS Elgi Limited | Subsidiary | Any other transaction, Purchase of goods or services | 271,420,000.00 | 14 |
| Elgi Compressors Do Brasil Imp.E.Exp LTDA | Subsidiary | Any other transaction, Purchase of goods or services | 253,680,000.00 | 14 |
| Elgi Compressors (M) SDN. BHD. | Subsidiary | Any other transaction, Sale of goods or services | 246,660,000.00 | 16 |
| Evergreen Compressed Air and Vacuum LLC | Joint venture | Any other transaction, Sale of goods or services | 158,320,000.00 | 4 |
| Advanced Air Compressors Pty Ltd | Fellow Subsidiary | Any other transaction, Sale of goods or services | 114,860,000.00 | 4 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-20 | Q1FY27 | Ravi Swaminathan: Understood. | Read the call |
| 2026-06-03 | Q4FY26 | Harshit Patel:, Ravi Swaminathan: | Read the call |
| 2026-03-04 | Q3FY26 | Read the call | |
| 2026-02-17 | Q3FY26 | Good. Thank you., RAVI SWAMINATHAN: | Read the call |
| 2025-11-19 | Q2FY26 | HARSHIT PATEL:, property in the US. | Read the call |
| 2025-08-19 | Q1FY26 | Is it better? | Read the call |
| 2025-05-30 | Q4FY25 | Read the call | |
| 2025-03-03 | Q3FY25 | Yeah. So yeah | Read the call |
| 2025-02-14 | Q3FY25 | Read the call | |
| 2023-08-22 | Q1FY24 | ELGI EQUIPMENTS | Read the call |
| 2023-05-22 | Q4FY23 | LIMITED. | Read the call |
| 2023-02-08 | Q3FY23 | ANALYST:, ELGI EQUIPMENTS LIMITED | Read the call |
| 2022-11-10 | Q2FY23 | ELGI EQUIPMENTS LIMITED | Read the call |
| 2022-08-16 | Q4FY21 | ELGI EQUIPMENTS LIMITED | Read the call |
| 2022-05-18 | Q4FY21 | JAIRAM, MANAGING | Read the call |
| 2022-03-14 | Q3FY22 | ELGI EQUIPMENTS LIMITED | Read the call |
| 2022-02-17 | Q3FY21 | ELGI EQUIPMENT LIMITED | Read the call |
| 2021-11-16 | Q2FY21 | ELGI EQUIPMENTS | Read the call |
| 2021-05-27 | Q4FY21 | ELGI EQUIPMENTS LIMITED | Read the call |
| 2021-02-15 | Q3FY21 | Read the call | |
| 2020-11-11 | Q2FY21 | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q3FY22 | Q3FY23 | Q3FY25 | Q3FY26 | Q4FY21 | Q4FY23 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | Sir, you have previously mentioned that you would like to move to a centralized campus where in your corporate office, all the backward integration, a… | As far as capex is concerned we had projected that our total spend will be about Rs.50 Crores and we are still well within that. | — | Was there a realization improvement also which was there in this and within India was the growth holistic, which sub segments are driving the growth f… | From a capex point of view we had a budget of close to about 30 Crores that we said that we need to invest but we ended up actual cash outflow was abo… | Also on say CAPEX plan like if we look to grow strongly and particularly with our overseas market also growing very strongly. | — | — |
| Capital allocation | These numbers go back to the time of the acquisition. | Sir just on other income which has seen a significant increase in that standalone and consolidated so if you can just provide data pointers to one-tim… | — | So, the distribution acquisition strategically is the right thing. | Our main acquisition focused strategically is to acquire companies that give us access to customers but our inorganic matters to access customers is t… | — | — | — |
| Costs | So, my question is related to raw material, so which are the key raw materials to manufacture compressor apart from motors? | So ideally now that should flow into our gross margins because I think we have now by far absorbed almost all the raw material price inflation right s… | It is almost equal to the material cost of the compressor and this saving will replace are practically we can get the complete machine will be paid ba… | — | May 24, 2021 overall I would say Q4 barring the challenge on raw material costs which was not just India, across the world we have done well. | — | — | — |
| Debt and cash | We have been seeing a drop in the net debt. | Effectively the net debt position is actually positive so that is the situation as far as we are concerned on the cash side. | — | As a result of this, the fact that we've generated more cash in our overseas subsidiaries, helped us pare down some of our loans and with the help of … | Coming down to cash flow, I think here also the team has done an outstanding job controlling inventory and receivables, other than the beneficial tax … | — | — | — |
| Demand | March 11, 2022 innovative control system, which makes the operation more flexible in managing the variations in the compressed air demand and also ens… | February 06, 2023 other countries and the other one is also in sourcing production so if you look at in the US there is investment being made in manuf… | So, what's happen is there is always a gap between what is the compressor is producing the capacity of the customer compressor and the demand from the… | How much more we need to take, and I mean, given the fact that demand is quite robust, especially in India, I mean, is there any reluctance or hesitan… | How the growth has been in from the infra side, from a private capex led demand house it especially are you seeing early demand from PLI related facto… | And if you could give a sense on how the India market is, how it is panning out in terms of demand across key categories, industries, infra, water wel… | — | My first question is with respect to the demand scenario in India, with respect to the traditional sectors of CapEx, like steel, cement, textile, etc.… |
| Guidance | This is an outlook for our Australia business. | We are waiting for the coming year when we expect to see a significant shift in the volume which will start changing the bottomline profile of Europe. | By April, we expect to localize around 60 to 80% of the portfolio by market coverage and by August this year, we are expected to localize most of it I… | We've done very well this year, we expect to close with a strong set of numbers and when I look at our core segments which is the industrial business,… | For the current year also we expect that the investment will be in the same neighborhood. | — | So what is the guidance for the consolidated revenue growth. | — |
| Margin | Let me just also cover the EBITDA just to give a better sense of how the EBITDA is moving. | On the profitability side we have a railway business which is contractual business, we get orders, we participate in tenders and the orders are genera… | And I think margin also in that front will be helpful. | For the last 3 to 4 quarters, in your opening remarks, you have said that the EBITDA should have been. | If I go into the P&L for the whole year compared to the previous year, the biggest cost for us is besides the increase in revenue which is quite margi… | So, Jai, really positively surprised by the margins that you have delivered, 21% on a standalone EBITDA level. | So I understand that some part would be at can be attributed to the one time cost that you had, but if you could throw some light like what was the re… | Sure, so can you give the EBITDA performance for Europe for the quarter and the year? |
| People | — | — | — | So, we continue to invest in looking at capabilities and hiring talent across functions across the globe. | We held on to increasing our manpower headcount, giving the initial thought and towards the end of the year we started releasing that going back to ou… | The second question, if you could talk about the capacity utilization in general and what’s the kind of expansion that we are planning and at the end … | — | — |
| Pricing | So, my last question relates to our RM price, so sir how many price hikes have we taken since last year? | Sir my first question is on the pricing in the Indian market I remember in the last call you had mentioned that you might have to rollback prices in s… | — | So, we don't know the exact number, but few quarters ago you had mentioned that for a 25% tariff, we had to take a high single digit kind of price inc… | So we reacted with multiple price corrections in the market but unfortunately every time we corrected there was again the goal post shifted and in ind… | — | — | Sir, firstly, on the realizations, what was the blended realization growth for us in FY26, combining both price increases that we would have taken and… |
| Revenue growth | So, during FY21 and some part of FY22, few of our growth was related to oxygen cylinder and after this COVID getting seized now, so this oxygen led de… | We are aligned and in line with the overall strategic plan that we made for Europe so it has been a positive experience on the topline. | I think despite the macroeconomic challenges in Europe, we have sƟll posted a very decent top line growth over there. | We started doing this last year, so I expect to see significant growth at the last quarter of this year and also going into the new year. | So quarter-on-quarter we had a great performance on the topline but by the end of the second quarter the volatility in raw material prices really hit … | Any reason why it has been kind of on the flattish side, why we have delivered good growth at the Company level, the standalone has been flattish, if … | This FY we had a revenue growth of around 9% and Is there a better outlook going forward for the same. | I am asking this because other expenses at the standalone level increased sharply while the growth was not that sharp at the consolidated level. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2021-11-16 | Q2FY21 | ELGI EQUIPMENTS | There is a bit of a dullness to the scene I would not press the panic button it is not that bad, but we can see certain perceptions of delays, shifting of finalization and all that marginal so we expect the topline probably for the second quarter to be lower to the extent of 5% to 10% of the topline of the second quarter, but we expect the profitability of the third quarter to be far better so the improved profitability margin levels should more than compensate for this marginal loss in topline that we are anticipating this is an anticipation we are not sure we are just looking at signals and |
| 2025-03-03 | Q3FY25 | Yeah. So yeah | We are on track for our 450 million which we have committed for FY-26 which means 8% cap over the period of 24 to 26 Most of it is actually being contributed by India. |
| 2025-03-03 | Q3FY25 | Yeah. So yeah | By April, we expect to localize around 60 to 80% of the portfolio by market coverage and by August this year, we are expected to localize most of it I think you all have seen this vacuum pump we talked about last in the last meeting as well we have actually we are working on two types of vacuum pumps with DVP, Rotary vane dry as well as lubricated, and in future we may go on to other technologies as well .Anvar talked about ISSAME facing our India business facing some challenge from a low cost product imports, what we call here is Tier 4.So this is our terminology when we say Tier 4, we actual |
| 2025-08-19 | Q1FY26 | Is it better? | I think we had achieved the break-even level in the fourth quarter of FY25 in both these geographies and correct me if I got it wrong, you mentioned that at 25% tariff levels, not the additional 25, but the initial 25, we should be able to sustain these break-even levels in the US. |
| 2025-08-19 | Q1FY26 | Is it better? | Just wanted to understand amid all the challenges, is this on track and secondly our guidance of $450 million this year. |