Latest news about Elgi Equipments
Elgi Equipments Records ₹67.95 Crore Block Trade on BSE at ₹571 Per Share
Elgi Equipments
569.65
+0.50(+0.09%)
Company Performance:
View Company Insights1D+0.09%
1M-4.76%
6M+32.11%
1Y+0.41%
5Y+159.52%
More news about Elgi Equipments
16Jul 26
Elgi Equipments' US Subsidiary Receives US$ 2.68 Million Tariff Refund From CBP
Elgi Equipments' wholly owned US subsidiary, Elgi Compressors USA INC, has received a tariff refund of US$ 2.68 million (approximately ₹ 25.6 crores) from U.S. Customs and Border Protection (CBP). The refund follows a US Supreme Court directive requiring the US Government to return excess tariffs collected from importers, improving the subsidiary's cash flow. The development was disclosed to NSE and BSE under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
13Jul 26
Elgi Equipments subsidiary divests stake in PLA Holding Company for USD 100,000
Elgi Equipments Limited's subsidiary, ELGI Compressors USA Inc., divested its stake in PLA Holding Company, LLC and Pattons of California, LLC for USD 100,000 on July 10, 2026. The transaction, conducted with Joint Venture partner Jeffery Brandon Todd, included the release of exclusivity rights for oil flooded rotary screw air compressors in California. The divested unit contributed USD 41,982 to the consolidated profit after tax for FY2025-26 and had a net worth share of USD 532,595 as of March 31, 2026.
10Jul 26
Elgi Equipments Records ₹65.97 Crore Block Trade on NSE at ₹585 Per Share
Elgi Equipments recorded a block trade on the NSE involving approximately 11,27,744 shares at ₹585 per share, spread across multiple blocks. The total transaction value stood at ₹65.97 crore. The trade reflects significant large-lot activity in the stock on the exchange.
08Jul 26
Elgi Equipments fixes July 17 record date for ₹2.70 FY26 dividend
Elgi Equipments has announced a record date of July 17, 2026, for a ₹2.70 per share final dividend for FY26, subject to shareholder approval at the 66th AGM on August 14, 2026. The AGM will be held via video conferencing, and the company has detailed procedures for updating bank and KYC details to ensure electronic dividend receipt.
12Jun 26
Elgi Equipments appoints Indranil Sen as Business Head for Americas and Europe
Elgi Equipments Ltd has appointed Mr. Indranil Sen, currently the Chief Financial Officer, to the new role of Business Head for Americas (USA & Brazil) and Europe. His transition to this position will commence only after the onboarding of a new Chief Financial Officer. The company will make an appropriate announcement once the new CFO joins.
10Jun 26
Elgi Equipments holds meeting with Wasatch Global Investors
Elgi Equipments Limited conducted a one-on-one physical meeting with M/s Wasatch Global Investors on June 09, 2026, attended by Mr. Ajay Krishnan, Mr. Lakshman Venkitaraman, and Mr. Justin Weaver. The company confirmed that no unpublished price sensitive information was shared during the interaction, which was held pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
04Jun 26
Elgi Equipments Q4 FY26 revenue rises 12% to ₹11,126 Mn
Elgi Equipments reported a 12% rise in Q4 FY26 revenue to ₹11,126 Mn, driven by volume growth. PAT increased 25.4% to ₹1,279 Mn despite higher employee costs impacting EBITDA margins.
29May 26
Elgi Equipments FY26 profit rises 23%, dividend ₹2.70
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.
22May 26
Elgi Equipments reschedules Q4 FY26 earnings call to May 29
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.
14May 26
Wasatch Advisors sells 150,000 Elgi Equipments shares
Wasatch Advisors LP sold 150,000 shares of Elgi Equipments Ltd on May 12, 2026, reducing its stake to 3.1539%. The transaction was conducted via open market operations.
14May 26
Elgi Equipments Schedules Q4 FY26 Earnings Conference Call for May 28, 2026
Elgi Equipments has announced its Q4 FY26 earnings conference call for analysts and investors on Thursday, May 28, 2026, at 10:00 AM IST via Microsoft Teams Meeting. The intimation, filed on May 13, 2026, confirms Managing Director Jairam Varadaraj as the company representative, with AMSEC Research coordinating the call. No Unpublished Price Sensitive Information will be discussed, and all presentations, recordings, and transcripts will be uploaded on the company's website post the meeting.
12May 26
Elgi Equipments Schedules Board Meeting on May 27, 2026 to Approve Q4 FY26 Financial Results
Elgi Equipments has scheduled a Board of Directors meeting on May 27, 2026, to consider and approve standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. The board will also deliberate on recommending a dividend, if any, for FY26, subject to shareholder approval at the ensuing AGM. The trading window for designated persons and their immediate relatives will remain closed until May 29, 2026. The intimation was filed with NSE and BSE on May 12, 2026, by Company Secretary Rohit Gupté.
14Apr 26
Elgi Equipments Limited Announces Resignation of Independent Director Ms. Aruna Thangaraj
Elgi Equipments Limited announced the resignation of Independent Director Ms. Aruna Thangaraj (DIN: 07444726), effective April 14, 2026, due to increased personal commitments. She will also cease to be a member of three board committees. The Board acknowledged her valuable contributions during her tenure.
07Apr 26
ELGI Equipments Limited Submits SEBI Compliance Certificate for Q4FY26
ELGI Equipments Limited filed its quarterly SEBI compliance certificate under Regulation 74(5) for Q4FY26 on April 7, 2026. The submission includes confirmation from registrar MUFG Intime India Private Limited regarding proper handling of dematerialisation processes, certificate procedures, and member register updates during the quarter ended March 31, 2026.
06Apr 26
Elgi Equipments Receives ESG Rating of 66 from NSE Sustainability
Elgi Equipments Limited received an ESG rating of 66 from NSE Sustainability Ratings & Analytics Ltd on April 6, 2026. The rating was independently assigned by the SEBI registered Category-1 ESG provider based on publicly available company data, without any engagement from Elgi Equipments. The company disclosed this information in compliance with SEBI regulations and made it available on its website for stakeholder transparency.
02Apr 26
Elgi Equipments Launches Second 100-Day 'Saksham Niveshak' Campaign for KYC Updation and IEPF Compliance
Elgi Equipments Limited has launched the Second 100-Day Campaign 'Saksham Niveshak' from April 01, 2026 to July 09, 2026, following regulatory communication from IEPFA and MCA dated March 27, 2026. The campaign focuses on enabling shareholders to claim unpaid/unclaimed dividends and update KYC details to prevent transfer to IEPF. Shareholders are encouraged to convert physical shares to dematerialized form and complete necessary documentation through the company's RTA, MUFG Intime India Private Limited.
01Apr 26
ELGI Equipments Announces Revised Timeline for Capacity Expansion Project Due to Regulatory Delays
ELGI Equipments Limited has revised the timeline for its capacity expansion project at Kinathukadavu, Coimbatore due to delays in regulatory approvals. The Global Support Center capacity addition is now scheduled for Q1 FY 2026-27, while the Diesel-Powered Screw Air Compressor enhancement has been pushed to Q4 FY 2027-28. The company confirmed that these delays have not impacted its revenue performance.
24Mar 26
ELGI Equipments completes virtual investor meeting with First Sentier Investors Group
ELGI Equipments Limited successfully conducted a one-on-one virtual meeting with First Sentier Investors Group represented by Mr. Ravi Swaminathan on March 24, 2026. The company formally disclosed the meeting outcome to stock exchanges under SEBI Regulation 30(6), confirming no unpublished price sensitive information was shared during the interaction.
20Mar 26
Elgi Equipments Discloses Middle East War Impact on Operations and Supply Chain
Elgi Equipments has disclosed to stock exchanges the operational challenges arising from the Middle East conflict, including LPG supply constraints affecting manufacturing, disruptions in Gulf market shipments, and potential risks to production output. While no immediate material impact is reported, the company is implementing mitigation measures and monitoring the evolving situation closely.
24Feb 26
ELGi Equipments Conducts One-on-One Meeting with Marcellus Investment Managers
ELGi Equipments Limited conducted a one-on-one physical meeting with Marcellus Investment Managers on February 24, 2026, represented by Mr. Saurabh Mukherjea. The company has informed stock exchanges about this investor interaction pursuant to SEBI regulations, confirming that no unpublished price sensitive information was disclosed during the meeting. The notification maintains compliance with regulatory requirements for investor communication transparency.
13Feb 26
ELGI Equipments Receives ESG Rating of 66.9 from SES ESG Research
ELGI Equipments Limited disclosed receiving an ESG rating of 66.9 from SES ESG Research Private Limited, a SEBI registered Category-II ESG Ratings Provider. The rating was independently prepared based on FY2024-25 public domain data without company engagement. The disclosure was made on February 13, 2026, in compliance with SEBI listing regulations and has been made available on the company's website for stakeholder access.
12Feb 26
Elgi Equipments Makes Q3 FY26 Conference Call Recording Available Online
Elgi Equipments has made its Q3 FY26 analyst conference call recording available online following regulatory filing with stock exchanges. The earnings call presented strong financial results with 18% revenue growth to INR 10,034 Mn and significant improvement in net cash position to INR 6,058 Mn, despite facing margin pressures from increased operational costs.
19Jan 26
Elgi Equipments Board Meeting Scheduled for February 11, 2026 to Consider Q3FY26 Financial Results
Elgi Equipments Limited has scheduled its Board of Directors meeting for February 11, 2026, to consider and approve Q3FY26 unaudited financial results for the quarter and nine months ended December 31, 2025. The company has maintained a trading window closure since December 29, 2025, which will continue until February 13, 2026, for all designated persons and their immediate relatives. The announcement, made on January 19, 2026, complies with SEBI Regulation 29 requirements and has been communicated to both NSE and BSE, with details also available on the company's website.
15Dec 25
Wasatch Advisors LP reduces shareholding in Elgi Equipments to 5.197%
Wasatch Advisors LP reduced its stake in Elgi Equipments Ltd from 5.211% to 5.197% by selling 43,837 shares on December 12, 2025, through open market transactions. The US-based investment firm filed the mandatory disclosure under SEBI regulations on December 13, 2025, with both NSE and BSE.
28Nov 25
MUFG Reduces Stake in Elgi Equipments to 2.11% Through Subsidiary Sale
Mitsubishi UFJ Financial Group (MUFG) has reduced its indirect stake in Elgi Equipments from 5.08% to 2.11% through the sale of subsidiaries. The transaction, which occurred on November 25, 2025, involved selling 1,380,405 shares, decreasing MUFG's holdings from 8,055,055 to 6,674,650 shares. The sale included First Sentier Investors (Hong Kong) Limited and First Sentier Investors (Singapore). This move brings MUFG's stake below the 5% threshold, potentially affecting regulatory reporting and influence over company decisions.
19Nov 25
Elgi Equipments Reports Mixed Q2 Results: Sales Up, EBITDA Margin Down
Elgi Equipments posted 11% sales growth in Q2 but experienced a decline in EBITDA margin from 16.30% to 14.90%. The company faced challenges with a 15% increase in employee costs and strategic initiatives consuming 1.20% of EBITDA. Elgi implemented measures to mitigate US tariff impacts and is addressing European operations challenges. The company plans to launch a low-cost compressor range and the DemandMatch product for new machines.
13Nov 25
Elgi Equipments Reports 11% Consolidated Sales Growth in Q2 FY2025-26, PAT Surges 27%
Elgi Equipments Limited announced Q2 2025-26 results with consolidated sales of Rs. 968.00 crores, up 11% YoY. Consolidated PAT increased by 27% to Rs. 121.00 crores. The company saw strong performance in India, Middle East, South America, USA, and Australia, while Europe remained subdued. Elgi expects similar growth in Q3, subject to USA-India import tariff resolution. The company's total income for Q2 reached Rs. 10,194.00 million, with EPS rising to Rs. 3.85.
12Nov 25
Elgi Equipments Reports Q2 Profit Growth Amid Revenue Increase and Margin Pressure
Elgi Equipments Limited reported a 28.2% increase in consolidated net profit to ₹1,214 crore for Q2 FY2025-26. Revenue grew by 11.4% to ₹9,680 crore, while EBITDA remained flat at ₹1,400 crore. The company faced margin pressures with EBITDA margin declining to 14.45% from 16.29%. Growth was observed in India, Middle East, and South America, with double-digit growth in the USA and Australia. Europe's performance remained subdued. The automotive business met growth expectations. Management expects similar growth in Q3, subject to USA-India import tariff resolution.
12Nov 25
ELGi Equipments Grants 16,100 Stock Options to Subsidiary Employee
Elgi Equipments Limited has approved the grant of 16,100 stock options to an eligible employee of its subsidiary. Each option is convertible into one equity share with a face value of Re. 1. The exercise price is set at Rs. 478.25 per option, with a maximum vesting period of 3 years and an exercise period of 3 months from the vesting date. The grant, made under the company's 2019 Employees Stock Option Plan, aims to retain talent, motivate performance, and align employee interests with those of the company.
19Sept 25
Elgi Equipments Unveils Energy-Efficient Demand-Match System for Fixed-Speed Compressors
Elgi Equipments has introduced the Elgi Demand-Match System, an innovative solution for fixed-speed compressors. The system offers energy savings comparable to variable frequency drives (VFDs) while providing enhanced reliability. Initially launched in India, Elgi plans a global rollout. The system aims to optimize compressed air operations and reduce energy consumption for industrial users.
26Aug 25
Elgi Rubber Company Pledges Shares Worth ₹33.57 Crore to RBL Bank for ₹42.31 Crore Loan
Elgi Rubber Company Limited, a promoter group entity of Elgi Equipments Limited, has pledged 6,64,160 shares (0.21% of total share capital) of Elgi Equipments to secure a ₹42.31 crore loan from RBL Bank Limited. The pledged shares, valued at ₹33.57 crore, represent 0.67% of the total promoter shareholding. The loan is intended for Elgi Rubber Company's business requirements and not for personal use by promoters or for Elgi Equipments' benefit. The necessary disclosures have been made to stock exchanges in compliance with SEBI regulations.
19Aug 25
Elgi Equipments Reports 8% Revenue Growth in Q1, Navigates US Tariff Challenges
Elgi Equipments, a leading air compressor manufacturer, reported 8% year-over-year revenue growth in Q1. EBITDA reached 1200.00 million rupees, below expectations. PBT increased by 18%. The company maintained strong performance in India and Middle East & Africa, while facing challenges in Europe and Australia. Strategic initiatives include launching new stabilizer technology and increasing in-house motor production. The company is addressing potential 50% tariffs on US imports and expects a 5-10% price increase in the US market. Despite challenges, Elgi remains on track for its $450.00 million revenue guidance and plans 250.00 crore CAPEX over two years.
12Aug 25
Elgi Equipments Appoints New Company Secretary and Reports Strong Q1 Performance
Elgi Equipments Limited has appointed Mr. Rohit Gupte as its new Company Secretary and Compliance Officer, effective August 12, 2025. The company also reported robust financial results for Q1 FY2025-26, with revenue from operations increasing by 8.19% to ₹8,667.00 million and net profit rising by 17.58% to ₹856.00 million compared to the same quarter last year. The air compressor segment remains the primary revenue driver, contributing about 92% of total revenue.
08Jul 25
Elgi Equipments Ltd. Witnesses Substantial Block Trade on NSE
A significant block trade of Elgi Equipments Ltd. shares occurred on the National Stock Exchange (NSE). The transaction involved 1,560,073 shares at Rs. 534.70 per share, totaling Rs. 83.42 crores. This large-scale trade could indicate a shift in ownership or investment strategy by major investors, though the parties involved remain undisclosed. Elgi Equipments Ltd., known for its air compressor products, is a key player in the industrial equipment sector both domestically and internationally.
28May 25
ELGI Equipments Reports Strong Q4 Results, Recommends Dividend
ELGI Equipments, a leading air compressor manufacturer, reported strong Q4 results with a 33.9% increase in consolidated net profit to ₹1.02 billion. Revenue grew by 13.8% to ₹9.90 billion, while EBITDA rose 20% to ₹1.50 billion. The company's EBITDA margin improved to 15.10% from 14.43% year-over-year. ELGI Equipments also recommended a dividend of ₹2.20 per equity share.
Industry Peers
Cummins
Kirloskar Oil EnginesElgi Equipments
KSB
Kirloskar Brothers
Ingersoll Rand
Kirloskar Pneumatic Company
Shakti Pumps
Greaves Cotton
Swaraj Engines
5,519.00
(+2.28%)
2,189.80
(+2.88%)
569.65
(+0.09%)
855.90
(+0.99%)
1,870.10
(-0.17%)
4,335.60
(+1.35%)
1,482.40
(+1.48%)
520.40
(-0.60%)
238.05
(+2.69%)
3,628.70
(+0.59%)
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
