Elgi Equipments Limited
Incorporated in 1960, Elgi Equipments Limited along with its subsidiaries, is in the business of manufacturing and supplyingAir Compressors** &Automotive Equipments**. It is also providing related after sales services
What Elgi files
- Investor Meet66
- Others64
- Important19
- Updates18
- Board Meeting9
- Credit Ratings7
Elgi Equipments' US subsidiary received a US$1.55 million (₹14.82 Cr) tariff refund from U.S. Customs. This follows the US Supreme Court's directive on excess tariff collection, positively impacting liquidity.
Elgi Equipments launched VAYU, a new Made-in-India air compressor brand with 5-45 kW solutions for growing manufacturers. This strategic move aims to capture India's robust MSME sector, with ambitions for future global expansion, enhancing Elgi's market reach.
Elgi Equipments posted strong Q1 results. Consolidated sales hit Rs. 1,062 Cr (+23%), with PAT at Rs. 111 Cr (+29%). Standalone sales grew 28% to Rs. 645 Cr. Growth was driven by India and America, despite headwinds in Europe/Australia. Outlook for Q2 is positive.
Elgi Equipments will conduct its 66th Annual General Meeting virtually. The FY25-26 Annual Report is accessible online. Physical shareholders are urged to update KYC details for electronic payments, including future dividends.
Elgi Equipments' US subsidiary received a tariff refund of ₹ 25.6 Cr due to a US Supreme Court directive on excess tariffs. This boosts cash flow for the company.