Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Elgi Equipments Earnings Call Transcript: Key Takeaways

Elgi Equipments delivered strong Q1 FY27 results with 23% revenue growth to INR 10,622 Mn and 28% EBITDA growth. Strategic focus remains on global expansion across North America, Europe, and Australia.

Highlights
Revenue growth23% YoY growth in Q1 FY27.
MarginsEBITDA margin at 14.6%; PAT excluding exceptional items at 10.4%.
Demand visibilityStrong 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)
Source

Earnings Call Transcript filed with BSE, NSE: ELGIEQUIP. Summary written with AI assistance from the document.

Read the document ↗

Elgi Equipments Ltd: key numbers

Share price
₹603.00
Market cap
₹19,110 Cr
Revenue (annual)
₹3,951 Cr
Net profit (annual)
₹430.2 Cr
P/E (TTM)
42.7×Sector 53.6×
Promoter holding
31.19%+0.00% QoQ
FII holding
21.90%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Elgi Equipments Ltd

All →
11:08 IST BSE
Other Announcement

Elgi Equipments Other Announcement

Elgi Equipments received an ESG rating of '64 Performer' from Niche99 ESG Ratings, an independent assessment conducted without company engagement.

12:30 IST BSE
Merger & Restructuring

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.