Elgi Equipments Limited
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
Elgi Equipments Limited (ELGIEQUIP) - Net Assets
Latest net assets as of September 2025: ₹20.08 Billion INR
Based on the latest financial reports, Elgi Equipments Limited (ELGIEQUIP) has net assets worth ₹20.08 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹31.77 Billion) and total liabilities (₹11.69 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹20.08 Billion |
| % of Total Assets | 63.21% |
| Annual Growth Rate | 15.19% |
| 5-Year Change | 114.5% |
| 10-Year Change | 244.93% |
| Growth Volatility | 8.37 |
Elgi Equipments Limited - Net Assets Trend (2005–2025)
This chart illustrates how Elgi Equipments Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Elgi Equipments Limited (2005–2025)
The table below shows the annual net assets of Elgi Equipments Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹18.66 Billion | +15.82% |
| 2024-03-31 | ₹16.11 Billion | +17.50% |
| 2023-03-31 | ₹13.71 Billion | +32.80% |
| 2022-03-31 | ₹10.33 Billion | +18.70% |
| 2021-03-31 | ₹8.70 Billion | +13.12% |
| 2020-03-31 | ₹7.69 Billion | -0.25% |
| 2019-03-31 | ₹7.71 Billion | +11.90% |
| 2018-03-31 | ₹6.89 Billion | +13.52% |
| 2017-03-31 | ₹6.07 Billion | +12.19% |
| 2016-03-31 | ₹5.41 Billion | +9.63% |
| 2015-03-31 | ₹4.93 Billion | +6.43% |
| 2014-03-31 | ₹4.64 Billion | +6.92% |
| 2013-03-31 | ₹4.34 Billion | +9.04% |
| 2012-03-31 | ₹3.98 Billion | +17.53% |
| 2011-03-31 | ₹3.38 Billion | +28.53% |
| 2010-03-31 | ₹2.63 Billion | +31.81% |
| 2009-03-31 | ₹2.00 Billion | +18.40% |
| 2008-03-31 | ₹1.69 Billion | +24.34% |
| 2007-03-31 | ₹1.36 Billion | +12.25% |
| 2006-03-31 | ₹1.21 Billion | +9.48% |
| 2005-03-31 | ₹1.10 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elgi Equipments Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1676200000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹16.76 Billion | 89.85% |
| Common Stock | ₹317.00 Million | 1.70% |
| Other Comprehensive Income | ₹1.96 Billion | 10.51% |
| Total Equity | ₹18.66 Billion | 100.00% |
Elgi Equipments Limited Competitors by Market Cap
The table below lists competitors of Elgi Equipments Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Develia S.A
WAR:DVL
|
$1.04 Billion |
|
Anhui Expressway Company Limited
F:HU7
|
$1.04 Billion |
|
Amplifon S.p.A.
LSE:0N61
|
$1.04 Billion |
|
OEM INTERN.(POST SPLIT) B
F:OEA1
|
$1.04 Billion |
|
Cibus Nordic Real Estate AB (publ)
ST:CIBUS
|
$1.04 Billion |
|
SCHOUW A/S DK 10
F:5RF
|
$1.04 Billion |
|
CP AXTRA PUBLIC THAI NVDR
BK:CPAXT-R
|
$1.04 Billion |
|
BORA PHARMACEUTICALS LTD
TW:6472
|
$1.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elgi Equipments Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,110,800,000 to 18,656,000,000, a change of 2,545,200,000 (15.8%).
- Net income of 3,502,000,000 contributed positively to equity growth.
- Dividend payments of 632,000,000 reduced retained earnings.
- Share repurchases of 400,000,000 reduced equity.
- Other comprehensive income increased equity by 62,300,000.
- Other factors increased equity by 335,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹3.50 Billion | +18.77% |
| Dividends Paid | ₹632.00 Million | -3.39% |
| Share Repurchases | ₹400.00 Million | -2.14% |
| Other Comprehensive Income | ₹62.30 Million | +0.33% |
| Other Changes | ₹335.90 Million | +1.8% |
| Total Change | ₹- | 15.80% |
Book Value vs Market Value Analysis
This analysis compares Elgi Equipments Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.95x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 132.80x to 7.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹3.53 | ₹468.80 | x |
| 2006-03-31 | ₹3.86 | ₹468.80 | x |
| 2007-03-31 | ₹4.34 | ₹468.80 | x |
| 2008-03-31 | ₹5.40 | ₹468.80 | x |
| 2009-03-31 | ₹6.38 | ₹468.80 | x |
| 2010-03-31 | ₹8.36 | ₹468.80 | x |
| 2011-03-31 | ₹10.74 | ₹468.80 | x |
| 2012-03-31 | ₹12.55 | ₹468.80 | x |
| 2013-03-31 | ₹13.69 | ₹468.80 | x |
| 2014-03-31 | ₹14.61 | ₹468.80 | x |
| 2015-03-31 | ₹15.59 | ₹468.80 | x |
| 2016-03-31 | ₹17.08 | ₹468.80 | x |
| 2017-03-31 | ₹19.16 | ₹468.80 | x |
| 2018-03-31 | ₹21.76 | ₹468.80 | x |
| 2019-03-31 | ₹24.34 | ₹468.80 | x |
| 2020-03-31 | ₹24.28 | ₹468.80 | x |
| 2021-03-31 | ₹27.49 | ₹468.80 | x |
| 2022-03-31 | ₹32.62 | ₹468.80 | x |
| 2023-03-31 | ₹43.32 | ₹468.80 | x |
| 2024-03-31 | ₹50.94 | ₹468.80 | x |
| 2025-03-31 | ₹59.00 | ₹468.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elgi Equipments Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.98%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 1.63x
- Recent ROE (18.77%) is above the historical average (16.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 19.40% | 7.54% | 1.39x | 1.85x | ₹103.78 Million |
| 2006 | 14.62% | 5.16% | 1.57x | 1.81x | ₹55.85 Million |
| 2007 | 17.26% | 5.64% | 1.58x | 1.94x | ₹98.48 Million |
| 2008 | 24.83% | 8.31% | 1.46x | 2.04x | ₹250.05 Million |
| 2009 | 20.40% | 7.39% | 1.64x | 1.69x | ₹207.73 Million |
| 2010 | 22.01% | 8.56% | 1.31x | 1.97x | ₹316.01 Million |
| 2011 | 26.30% | 9.48% | 1.41x | 1.97x | ₹551.59 Million |
| 2012 | 19.00% | 7.62% | 1.59x | 1.57x | ₹358.03 Million |
| 2013 | 13.88% | 5.26% | 1.08x | 2.43x | ₹168.28 Million |
| 2014 | 9.82% | 3.37% | 1.15x | 2.54x | ₹-8.16 Million |
| 2015 | 9.75% | 3.66% | 1.12x | 2.38x | ₹-12.43 Million |
| 2016 | 9.41% | 3.65% | 1.20x | 2.14x | ₹-31.65 Million |
| 2017 | 12.19% | 5.41% | 1.21x | 1.86x | ₹133.10 Million |
| 2018 | 13.83% | 5.94% | 1.27x | 1.84x | ₹263.86 Million |
| 2019 | 13.37% | 5.53% | 1.34x | 1.80x | ₹259.74 Million |
| 2020 | 5.54% | 2.33% | 1.18x | 2.02x | ₹-343.32 Million |
| 2021 | 11.78% | 5.32% | 1.09x | 2.03x | ₹154.96 Million |
| 2022 | 17.28% | 7.07% | 1.28x | 1.90x | ₹751.77 Million |
| 2023 | 27.04% | 12.19% | 1.22x | 1.82x | ₹2.34 Billion |
| 2024 | 19.37% | 9.70% | 1.14x | 1.75x | ₹1.51 Billion |
| 2025 | 18.77% | 9.98% | 1.15x | 1.63x | ₹1.64 Billion |
Industry Comparison
This section compares Elgi Equipments Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $13,652,920,800
- Average return on equity (ROE) among peers: 9.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elgi Equipments Limited (ELGIEQUIP) | ₹20.08 Billion | 19.40% | 0.58x | $1.04 Billion |
| Aaron Industries Limited (AARON) | $158.89 Million | 23.34% | 0.87x | $9.17 Million |
| Ador Welding Limited (ADORWELD) | $2.35 Billion | 7.84% | 0.61x | $74.72 Million |
| Affordable Robotic & Automation Limited (AFFORDABLE) | $1.13 Billion | 5.71% | 1.11x | $15.98K |
| AIA Engineering Limited (AIAENG) | $10.59 Billion | 17.34% | 0.50x | $1.30 Billion |
| The Anup Engineering Limited (ANUP) | $3.93 Billion | 15.77% | 0.34x | $185.19 Million |
| ATAM VALVES ORD (BSE) (ATAM) | $43.62 Million | 14.95% | 2.96x | $3.43 Million |
| Azad Engineering Limited (AZAD) | $13.93 Billion | 6.27% | 0.34x | $468.30 Million |
| Bharat Heavy Electricals Limited (BHEL) | $52.96 Billion | 12.43% | 1.30x | $4.21 Billion |
| Cummins India Limited (CUMMINSIND) | $42.83 Billion | 17.34% | 0.41x | $7.17 Billion |
| Diamond Power Infrastructure Limited (DIACABS) | $8.61 Billion | -21.42% | 2.62x | $116.63 Million |