Elgi Equipments Limited
Quality (69/100) does the heavy lifting; valuation (8/100) is the drag.
ExpensiveOvervaluedElgi Equipments Limited earns a Hold from StocksWizard, with a blended score of 45/100. At ₹569.65 it trades above our blended DCF and relative-multiples fair value of ₹284.83, about 50% downside to that estimate — we read it as overvalued by 50%. On 44.7x trailing earnings it sits pricier than the Industrials median of about 29.0x. The price is about 8% below its 52-week high of ₹619.26 and 38% above the low of ₹413.62. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 6/9. The average analyst target of ₹677.4 implies about 19% upside across 5 analysts. It clears 9 of 13 investability checks, with durability 69, valuation 15 and momentum 56 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹227.86.
Analyst views
1-year price
EOD · 2026-07-3152-week range
-8.01% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Hold45Piotroski F-score 6/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Pass: ROE above 15%: 21.0%
- Pass: Low debt (D/E < 0.5): 0.24x
- Pass: Positive free cash flow
- Pass: Revenue growth > 10%: 12%
- Pass: Earnings growing: 25%
- Pass: Net margin ≥ 10%: 10.9%
- Pass: Current ratio > 1.5: 2.08
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- Pass: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 10.99
- Fail: Piotroski ≥ 7: 6/9
Quarterly results
Annual financials
Shareholding
- Promoter46.2%
- Institutions17.7%
- Public & other36.1%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Strong return on equity (21.0%).
- Lightly leveraged balance sheet.
- Financially solid — Altman Z 10.99.
Opportunities
- Earnings growing (25% YoY).
- Revenue growing (12% YoY).
Bear case
Threats
- Rich valuation versus sector peers.
- Trades ~50% above our estimated fair value.
About Elgi Equipments Limited
Elgi Equipments Limited manufactures and sells air compressors and related parts across India, Europe, Australia, the United States, and internationally. The company operates two segments: Air Compressors and Automotive Equipments. Its product portfolio includes oil-lubricated and oil-free screw and piston compressors, rotary and reciprocating models, diesel and electric portable compressors, railway compressors, and heat recovery systems.
Elgi Equipments Limited — frequently asked questions
Is Elgi Equipments Limited a buy, hold or sell?
StocksWizard currently rates Elgi Equipments Limited (ELGIEQUIP) a Hold, based on a blended score of 45/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Elgi Equipments Limited's fair value?
Our blended DCF and relative-valuation model estimates Elgi Equipments Limited's fair value at about ₹284.83, versus a current price of ₹569.65 — roughly 50% downside. On that basis the stock looks overvalued by 50%.
Is Elgi Equipments Limited financially healthy?
Elgi Equipments Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 6/9.
How has Elgi Equipments Limited's share price performed?
Elgi Equipments Limited is up 5% over three months, and last traded at ₹569.65. Past performance doesn't predict future returns.
More in Industrials
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.