Elgi Equipments FY26 profit rises 23%, dividend ₹2.70

2 min read     Updated on 29 May 2026, 09:02 PM
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AI Summary

Elgi Equipments reported a 23% increase in consolidated net profit to ₹430 crore for FY26, with revenue growing 13% to ₹3,951 crore. The Board recommended a final dividend of ₹2.70 per share and appointed new directors and auditors.

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Elgi Equipments reported a 23% increase in consolidated net profit to ₹430 crore for the financial year ended March 31, 2026, compared to ₹350 crore in the previous year. Revenue from operations rose 13% to ₹3,951 crore from ₹3,510 crore year-on-year, driven by growth in the Air Compressors and Automotive Equipment segments. For the quarter ended March 31, 2026, net profit stood at ₹128 crore, while revenue was ₹1,113 crore. The Board of Directors recommended a final dividend of ₹2.70 per equity share (270%) of face value Re. 1 each for the financial year ended March 31, 2026, subject to shareholder approval. The record date for determining entitlement has been fixed as Friday, July 17, 2026.

Key Financial Performance

The company's operational metrics improved during the year, with EBITDA expanding to ₹586 crore from ₹476 crore in the previous year. The EBITDA margin widened to 14.82% from 13.56%, reflecting better cost management. The following table summarises Elgi Equipments' FY26 financial performance on a year-on-year basis:

Metric FY26 Current FY25 Previous Change (YoY)
Net Profit ₹430 Crore ₹350 Crore Higher
Revenue ₹3,951 Crore ₹3,510 Crore Higher
EBITDA ₹586 Crore ₹476 Crore Higher
EBITDA Margin 14.82% 13.56% Expanded

Segment Performance

The Air Compressors segment reported revenue of ₹3,613 crore, while the Automotive Equipment segment contributed ₹339 crore for the year ended March 31, 2026. The company's total assets stood at ₹3,546 crore as of March 31, 2026, compared to ₹3,042 crore in the previous year.

Board and Auditor Appointments

The Board approved the appointment of M/s. STR & Associates, Cost Accountants, as the Cost Auditors for the financial year 2026-27. The Board also approved the re-appointment of Mr. Anvar Jay Varadaraj as Executive Director for a period of 5 years effective from August 2, 2026, subject to shareholder approval. Additionally, Ms. Padmaja Alaganandan was appointed as an Additional Director designated as a Non-Executive Independent Director, and Mr. Varun Jay Varadaraj was appointed as an Additional Director designated as a Non-Executive Non-Independent Director.

The statutory auditors, M/s. Price Waterhouse Chartered Accountants LLP, issued an unmodified opinion on the audited standalone and consolidated financial results for the financial year ended March 31, 2026. The Board intends to recommend the appointment of M/s B S R & Co. LLP as Statutory Auditors for a term of five years commencing from the conclusion of the 67th AGM in 2027.

Historical Stock Returns for Elgi Equipments

1 Day5 Days1 Month6 Months1 Year5 Years
+2.01%+6.79%+8.62%+18.83%+12.45%+193.84%

What are the primary drivers expected to sustain revenue growth in the Air Compressors and Automotive Equipment segments in FY27?

How will the company utilize its increased assets to further enhance operational efficiency and profitability?

What strategic initiatives are planned to maintain or improve the EBITDA margin amidst potential market fluctuations?

Elgi Equipments reschedules Q4 FY26 earnings call to May 29

1 min read     Updated on 22 May 2026, 04:24 AM
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AI Summary

Elgi Equipments Limited has rescheduled its Q4 FY26 earnings conference call to May 29, 2026, at 10:00 AM IST due to a trading holiday on May 28. The virtual meeting will be led by Managing Director Mr. Jairam Varadaraj, and recordings will be uploaded to the company's website later.

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Elgi Equipments Limited has announced the rescheduling of its Q4 FY26 earnings conference call for analysts and investors. The meeting was originally planned for a later date but has been moved to Friday, May 29, 2026, at 10:00 AM IST. This adjustment was necessitated by a trading holiday on Thursday, May 28, 2026, due to Bakri-Id.

The session will be conducted virtually through a Microsoft Teams Meeting. Elgi Equipments clarified that the schedule remains subject to change. The company emphasized that no unpublished price sensitive information is intended to be discussed during the proceedings.

Meeting Details

The conference call will feature key company representatives, including the Managing Director, Mr. Jairam Varadaraj. Institutional investors and analysts interested in participating are required to register through the provided link to join the webinar.

Key Information

Event Details
Event Q4 FY26 Earnings Conference Call
Date May 29, 2026
Time 10:00 AM IST
Platform Microsoft Teams
Reason for Reschedule Trading Holiday (Bakri-Id)

Following the conclusion of the meeting, the company plans to upload the presentations, recordings, and transcripts on its official website. This information will also be intimated to the stock exchanges in due course as prescribed under the Listing Regulations.

Historical Stock Returns for Elgi Equipments

1 Day5 Days1 Month6 Months1 Year5 Years
+2.01%+6.79%+8.62%+18.83%+12.45%+193.84%

What key financial metrics and guidance is Elgi Equipments expected to reveal during the Q4 FY26 earnings call that could signal the company's growth trajectory in the compressor market?

How has Elgi Equipments' international expansion strategy, particularly in North America and Europe, progressed through FY26, and what targets might management set for FY27?

Given the competitive landscape in the industrial air compressor segment, how might Elgi Equipments' Q4 FY26 results compare against peers like Atlas Copco and Ingersoll Rand?

More News on Elgi Equipments

1 Year Returns:+12.45%