| Revenue growth | 23% YoY growth in Q1 FY27. |
|---|---|
| Margins | EBITDA margin at 14.6%; PAT excluding exceptional items at 10.4%. |
| Demand visibility | Strong growth in international markets like North America and Europe. |
Growth
Revenue rose 23% YoY; EBITDA increased 28% to INR 1,553 Mn. PAT stood at INR 1,033 Mn (9.7% margin).
Outlook
Management highlighted organizational realignment leading to INR 73 Mn restructuring cost. Net cash position remains strong at INR 6,800 Mn.
Risks
Margins impacted by cost increases, tariffs, and product mix. Employee costs rose 5%; other expenses up 12%.
Last quarter's promises, checked
Delivered
- Guided strong Q1 FY27 revenue growth → delivered 23% YoY growth (= BEAT)
- Guided Europe breakeven/marginal profit → delivered operational turnaround (= BEAT)
- Guided 100% EBITDA to cash conversion → delivered INR 6,800 Mn net cash (= BEAT)
Partly delivered
- Guided FY27 CapEx of INR 2,000 Mn → delivered INR 348 Mn in Q1 (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: ELGIEQUIP. Summary written with AI assistance from the document.
Elgi Equipments Ltd: key numbers
- Share price
- ₹569.00
- Market cap
- ₹18,032 Cr
- Revenue (annual)
- ₹3,951 Cr
- Net profit (annual)
- ₹430.2 Cr
- P/E (TTM)
- 39.6×Sector 51.9×
- Promoter holding
- 31.19%+0.00% QoQ
- FII holding
- 20.20%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Elgi Equipments Ltd
All →Elgi Equipments Q2 FY27 Results: Net Profit ₹128.3 Cr, Up 5.7% YoY
Elgi Equipments Ltd reported revenue from operations of ₹1,134 Cr (+17.2% YoY) and net profit of ₹128.3 Cr (+5.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹128.3 Cr · +5.7% YoY
Elgi Equipments Board Meeting Date
Elgi Equipments scheduled its Board meeting for 6 Nov 2026 to approve Q1/H1 FY27 results. The trading window for designated persons remains closed until 8 Nov 2026.
Elgi Equipments Other Announcement
The company submitted its quarterly shareholding pattern for the period ending September 30, 2026, as per SEBI regulations.
Elgi Equipments Other Announcement
Elgi Equipments received an ESG rating of '64 Performer' from Niche99 ESG Ratings, an independent assessment conducted without company engagement.
Elgi Equipments Merger & Restructuring
Elgi Equipments' US subsidiary divested its entire stake in Gentex Air Solutions LLC to its JV partner. The divestment facilitates the release of exclusivity in specific Texas counties.
Elgi Equipments Management Change
Elgi Equipments Limited has appointed Mr. Vikas Thiruvalluru as President and Head - GPMO, effective September 1, 2026. He joins as a Senior Management Personnel.