Elgi Equipments Ltd.
ELGIEQUIP · NSE · Industrials
With a 20% margin of safety, our buy-below price is ₹362.02.
Piotroski F-score 6/9 — quality of earnings & balance sheet.
Investability checklist
- ✓ROE above 15%21.0%
- ✓Low debt (D/E < 0.5)0.24x
- ✓Positive free cash flow
- ✓Revenue growth > 10%12%
- ✓Earnings growing25%
- ✓Net margin ≥ 10%10.9%
- ✓Current ratio > 1.52.08
- ✕Below our fair value
- ✕Margin of safety ≥ 20%
- ✓Above 200-day average
- ✓Above 50-day average
- –Positive 1-year return
- ✓Altman Z in safe zoneZ 10.98
- ✕Piotroski ≥ 76/9
1-year price
EOD · 2026-06-15Our scores
Key fundamentals
SWOT snapshot
Strengths
- •Strong return on equity (21.0%).
- •Lightly leveraged balance sheet.
- •Trading near its 52-week high.
- •Financially solid — Altman Z 10.98.
Opportunities
- •Earnings growing (25% YoY).
- •Revenue growing (12% YoY).
- •Trading in our value buy zone versus sector peers.
Threats
- •Trades ~26% above our estimated fair value.
About Elgi Equipments Ltd.
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 me
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Our 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.