Company Elgi Equipments Limited

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 - NSE India S.E. Other stock markets 09:03:22 2024-04-25 am EDT			5-day change	1st Jan Change
628 ^INR	+1.72%		+1.01%	+15.32%

Mar. 15	Elgi Equipments Limited Announces Retirement of Mr. N Mohan Nambiar as Independent Director, Effective from April 10, 2024	CI
Mar. 15	Elgi Equipments Limited Announces Chief Financial Officer Changes, Effective from March 18, 2024	CI

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: 1,258

INR in Million	2022	Weight	2023	Weight	Delta
Air Compressors 92.5 %	23,276	92.2 %	28,135	92.5 %	+20.88%
Automotive Equipments 7.6 %	1,989	7.9 %	2,298	7.6 %	+15.55%
Reconciling Items -0.1 %	-17	-0.1 %	-26	-0.1 %	+48.31%

INR in Million	2022	Weight	2023	Weight	Delta
India 47.9 %	13,485	53.4 %	14,555	47.9 %	+7.93%
Americas 29.6 %	5,878	23.3 %	8,996	29.6 %	+53.04%
Europe 10.8 %	2,486	9.8 %	3,275	10.8 %	+31.70%
Others 6.7 %	2,167	8.6 %	2,040	6.7 %	-5.84%
Australia 5.1 %	1,231	4.9 %	1,541	5.1 %	+25.21%

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
Vaishnavi Pulla Mothilal CMP	Compliance Officer	-	14-07-31
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

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 Jay Varadaraj BRD	Director/Board Member	-	20-03-31
Ganesh Devaraj BRD	Director/Board Member	56	03-10-29
Mathrubutham Ramprasad BRD	Director/Board Member	57	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	316,909,016	157,962,269 ( 49.84 %)	0	49.84 %

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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 private 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

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Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

628 INR

Average target price

550 INR

Spread / Average Target

-12.41%

Consensus

Estimates Revisions

Company calendar

Industrials

Industrial Goods

Machinery, Equipment & Components

Industrial Machinery & Equipment

Air & Gas Compressors

	1st Jan change	Capi.
ELGI EQUIPMENTS LIMITED	+15.32%	2.34B
BURCKHARDT COMPRESSION HOLDING AG	+14.20%	2.14B
KAISHAN GROUP CO., LTD.	-23.60%	1.63B
SHANGHAI HANBELL PRECISE MACHINERY CO., LTD.	-8.13%	1.56B
INGERSOLL-RAND (INDIA) LIMITED	+28.48%	1.48B
CHANGHONG HUAYI COMPRESSOR CO., LTD.	+12.90%	627M
KIRLOSKAR PNEUMATIC COMPANY LIMITED	+51.27%	619M
XIAMEN EAST ASIA MACHINERY INDUSTRIAL CO., LTD.	-24.38%	441M
RECHI PRECISION CO., LTD.	+29.74%	437M
SUZHOU INVOTECH SCROLL TECHNOLOGIES CO., LTD.	-27.69%	310M

Air & Gas Compressors