Elgi Equipments Limited

NSE:ELGIEQUIP India Specialty Industrial Machinery
Market Cap
$1.71 Billion
₹148.04 Billion INR
Market Cap Rank
#7163 Global
#262 in India
Share Price
₹468.80
Change (1 day)
+0.03%
52-Week Range
₹402.20 - ₹593.55
All Time High
₹762.62
About

Elgi Equipments Limited manufactures and sells air compressors and related parts in India, Europe, Australia, the United States, and internationally. It operates through two segments, Air Compressors and Automotive Equipments. The company offers oil lubricated screw and piston air compressors, oil free piston and screw air compressors, rotary and reciprocating air compressors, diesel and electric… Read more

Market Cap & Net Worth: Elgi Equipments Limited (ELGIEQUIP)

Elgi Equipments Limited (NSE:ELGIEQUIP) has a market capitalization of $1.71 Billion (₹148.04 Billion) as of March 18, 2026. Listed on the NSE stock exchange, this India-based company holds position #7163 globally and #262 in its home market, demonstrating a -7.16% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Elgi Equipments Limited's stock price ₹468.80 by its total outstanding shares 315791478 (315.79 Million).

Elgi Equipments Limited Market Cap History: 2015 to 2026

Elgi Equipments Limited's market capitalization history from 2015 to 2026. Data shows growth from $224.11 Million to $1.71 Billion (20.95% CAGR).

Index Memberships

Elgi Equipments Limited is a constituent of 4 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NIFTY 500
NIFTY500
$1.27 Trillion 0.08% #242 of 500
NIFTY MIDSMALLCAP 400
NIFTYMIDSML400
$535.73 Billion 0.19% #156 of 400
NIFTY TOTAL MARKET
NIFTYTOTALMKT
$1.32 Trillion 0.08% #239 of 750
NIFTY SMALLCAP 250
NISM250
$188.65 Billion 0.55% #50 of 250

Weight: Elgi Equipments Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Elgi Equipments Limited Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Elgi Equipments Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.05x

Elgi Equipments Limited's market cap is 0.05 times its annual revenue

Industry average:
0.92x
Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.49x

Elgi Equipments Limited's market cap is 0.49 times its annual earnings

Industry average:
7.63x
Lower than industry average
What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $313.07 Million $13.97 Billion $509.30 Million 0.02x 0.61x
2017 $532.23 Million $13.67 Billion $740.00 Million 0.04x 0.72x
2018 $454.64 Million $16.04 Billion $952.81 Million 0.03x 0.48x
2019 $450.38 Million $18.63 Billion $1.03 Billion 0.02x 0.44x
2020 $549.22 Million $18.29 Billion $425.67 Million 0.03x 1.29x
2021 $1.08 Billion $19.26 Billion $1.02 Billion 0.06x 1.06x
2022 $1.52 Billion $25.25 Billion $1.78 Billion 0.06x 0.85x
2023 $1.98 Billion $30.41 Billion $3.71 Billion 0.07x 0.53x
2024 $2.11 Billion $32.18 Billion $3.12 Billion 0.07x 0.68x
2025 $1.73 Billion $35.10 Billion $3.50 Billion 0.05x 0.49x

Competitor Companies of ELGIEQUIP by Market Capitalization

Companies near Elgi Equipments Limited in the global market cap rankings as of March 18, 2026.

Key companies related to Elgi Equipments Limited by market ranking:

  • GE Vernova LLC (NYSE:GEV): Ranked #66 globally with a market cap of $227.10 Billion USD.
  • Siemens Aktiengesellschaft (XETRA:SIE): Ranked #93 globally with a market cap of $175.49 Billion USD ( €170.96 Billion EUR).
  • Siemens AG Class N (PINK:SMAWF): Ranked #113 globally with a market cap of $155.24 Billion USD.
  • Eaton Corporation PLC (NYSE:ETN): Ranked #140 globally with a market cap of $133.05 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#66 GE Vernova LLC NYSE:GEV $227.10 Billion $844.05
#93 Siemens Aktiengesellschaft XETRA:SIE $175.49 Billion €219.15
#113 Siemens AG Class N PINK:SMAWF $155.24 Billion $199.00
#140 Eaton Corporation PLC NYSE:ETN $133.05 Billion $363.95

Elgi Equipments Limited Historical Marketcap From 2015 to 2026

Between 2015 and today, Elgi Equipments Limited's market cap moved from $224.11 Million to $ 1.71 Billion, with a yearly change of 20.95%.

Year Market Cap Change (%)
2026 ₹1.71 Billion -1.04%
2025 ₹1.73 Billion -18.29%
2024 ₹2.11 Billion +6.72%
2023 ₹1.98 Billion +30.28%
2022 ₹1.52 Billion +40.29%
2021 ₹1.08 Billion +97.35%
2020 ₹549.22 Million +21.95%
2019 ₹450.38 Million -0.94%
2018 ₹454.64 Million -14.58%
2017 ₹532.23 Million +70.00%
2016 ₹313.07 Million +39.69%
2015 ₹224.11 Million --

End of Day Market Cap According to Different Sources

On Mar 18th, 2026 the market cap of Elgi Equipments Limited was reported to be:

Source Market Cap
Yahoo Finance $1.71 Billion USD
MoneyControl $1.71 Billion USD
MarketWatch $1.71 Billion USD
marketcap.company $1.71 Billion USD
Reuters $1.71 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.