Elgi Equipments schedules Q1 FY27 earnings call on August 14

1 min read     Updated on 23 Jul 2026, 09:41 AM
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Elgi Equipments Limited announced an analyst and investor conference call for August 14, 2026, to review Q1 FY27 financial results. The session, led by Managing Director Mr. Jairam Varadaraj, will be held on Microsoft Teams at 12:00 PM IST.

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Elgi Equipments Limited has scheduled an analyst and investor conference call to discuss its financial results for the first quarter of the financial year 2026-27. The meeting is set to take place on August 14, 2026, at 12:00 PM IST through Microsoft Teams.

The company stated that the schedule is subject to change and clarified that no unpublished price sensitive information is intended to be discussed during the proceedings. As per regulatory requirements, the presentations, recordings, and transcripts of the meeting will be uploaded to the company's website and intimated to the stock exchanges subsequently.

The disclosure was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Rohit Gupte, Company Secretary & Compliance Officer.

Meeting Details

Feature Details
Event Q1 FY27 Earnings Conference Call
Date August 14, 2026
Time 12:00 PM IST
Platform Microsoft Teams
Company Representative Mr. Jairam Varadaraj, Managing Director

Asian Market Securities Call Coordinator (AMSEC Research) is coordinating the event. Investors interested in participating can access the meeting through the provided registration link.

Historical Stock Returns for Elgi Equipments

1 Day5 Days1 Month6 Months1 Year5 Years
-1.46%+0.65%-6.45%+30.81%+3.70%+177.36%

What are the expected key performance indicators for Elgi Equipments in Q1 FY27?

How might the company's strategic initiatives impact its market position in the upcoming fiscal year?

What are the potential risks or challenges Elgi Equipments could face in the current economic environment?

Elgi Equipments reports FY26 net profit of ₹4,302 million

3 min read     Updated on 20 Jul 2026, 08:05 PM
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Elgi Equipments Limited announced its financial results for the year ended March 31, 2026, reporting a consolidated net profit of ₹4,302 million, a 23% increase from the previous year, on revenue of ₹39,507 million. The company's board recommended a final dividend of ₹2.70 per share and scheduled the 66th Annual General Meeting for August 14, 2026, via video conferencing. Key operational highlights include a 13% growth in the Air Compressors segment and a 57% share of renewable energy in total consumption.

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Elgi Equipments Limited has reported its financial results for the financial year ended March 31, 2026, alongside the notice for its 66th Annual General Meeting (AGM). The company recorded a 23% year-on-year increase in consolidated net profit to ₹4,302 million, driven by a 13% rise in revenue from operations to ₹39,507 million. The AGM is scheduled to be held on Friday, August 14, 2026, at 10:00 AM (IST) through video conferencing and other audio-visual means.

Consolidated Financial Performance for FY26

The company delivered strong financial results for FY26. Consolidated revenue from operations grew 13% year-on-year to ₹39,507 million from ₹35,104 million in FY25. Net profit rose 23% to ₹4,302 million from ₹3,502 million in the previous year. The following table presents the key consolidated financial highlights:

Particulars: FY26 FY25 YoY%
Revenue from Operations (₹ million): 39,507 35,104 13%
EBITDA (₹ million): 5,791 5,275 10%
Profit Before Tax (₹ million): 5,774 4,816 20%
Net Profit (₹ million): 4,302 3,502 23%
Net Profit %: 11% 10%
Basic EPS (₹): 13.65 11.09
Dividend per Share (₹): 2.70 2.20

From a segment perspective, Air Compressors recorded annual growth of 13% and Automotive Equipment registered growth of 12%. The company also recognised an exceptional item of ₹150 million during the year ended March 31, 2026, on account of the implementation of Labour Codes notified by the Government of India on November 21, 2025.

On a standalone basis, revenue from operations was ₹23,429 million in FY26, up 13% from ₹20,809 million in FY25. Standalone net profit was ₹3,453 million (15%) in FY26 compared to ₹3,501 million (16.8%) in FY25.

Consolidated Balance Sheet Highlights

The following table presents key balance sheet metrics as at March 31, 2026 and March 31, 2025:

Particulars (₹ million): FY26 FY25
Total Assets: 35,455 30,415
Total Equity: 22,319 18,656
Cash and Cash Equivalents (incl. Current Investments): 10,258 9,096
Borrowings: 4,048 4,908
Trade Receivables: 7,239 6,084
Inventories: 7,107 6,085
Capital Expenditure: 1,544 948
Cash Flow from Operations: 4,535 3,909

Key financial ratios for FY26 include an interest coverage ratio of 30.70 times (FY25: 19.30 times), a debt equity ratio of 0.20 (FY25: 0.30), and a Return on Capital Employed of 38.40% (FY25: 35.60%).

AGM Agenda: Key Resolutions

The 66th AGM will transact the following ordinary and special business:

  • Adoption of standalone and consolidated audited financial statements for FY26.
  • Declaration of final dividend at 270%, equivalent to ₹2.70 per equity share of face value ₹1/- each for FY26. Subject to shareholder approval, an amount of ₹856 million will be paid as dividend after deducting applicable taxes.
  • Re-appointment by rotation of Mr. Anvar Jay Varadaraj (DIN: 07273942) as Director.
  • Ratification of Cost Auditor remuneration: M/s. STR & Associates, Cost Accountants, appointed for FY2026-27 at a remuneration of ₹5,00,000 per annum, exclusive of applicable taxes and out-of-pocket expenses.
  • Re-appointment of Mr. Anvar Jay Varadaraj as Executive Director for a further period of five years from August 2, 2026 to August 1, 2031, with total remuneration not exceeding ₹4,80,00,000 per annum (cost to company basis), of which 20% is variable.
  • Appointment of Ms. Padmaja Alaganandan (DIN: 02867269) as an Independent Director for five consecutive years from May 27, 2026 to May 26, 2031, via special resolution.
  • Appointment of Mr. Varun Jay Varadaraj (DIN: 07972025) as a Non-Executive Non-Independent Director, liable to retire by rotation, via ordinary resolution.

Strategic Outlook and ESG Highlights

The company's five-year Strategic Business Plan, with FY26 revenue of ₹39,507 million as the base, targets revenue of ₹66,150 million by FY31, subject to global economic conditions, with an EBITDA margin of 18% and a Return on Capital Employed of 35%.

On the ESG front, the share of renewable energy in total energy consumption rose to 57% in FY26 from 39% in FY25. Fresh water consumption was reduced by 21% year-on-year. The company reported that 13 of 15 ESG goals are on track or significantly better than plan. Capital expenditure on energy conservation equipment amounted to ₹7.4 million during the financial year. Total R&D expenditure stood at ₹373 million for FY26, representing 1.59% of turnover, compared to ₹396 million (1.90% of turnover) in FY25.

Historical Stock Returns for Elgi Equipments

1 Day5 Days1 Month6 Months1 Year5 Years
-1.46%+0.65%-6.45%+30.81%+3.70%+177.36%

What specific market segments or geographies will drive the growth required to meet the FY31 revenue target of ₹66,150 million?

How will the exceptional costs related to the new Labour Codes impact operating margins in the upcoming fiscal year?

Will the company utilize its strong cash position and reduced debt leverage to fund acquisitions or significantly increase capital expenditures?

More News on Elgi Equipments

1 Year Returns:+3.70%