News

Elgi Equipments Limited informed the National Stock Exchange of India Limited and BSE Limited that the trading window for the company`s securities will be closed for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of financial results for the quarter and half year ending September 30, 2026.

Elgi Equipments Limited announced that its wholly-owned subsidiary, ELGI Compressors USA Inc., has divested its entire stake in Gentex Air Solutions LLC to the existing joint venture partner for release of exclusivity in certain counties of Texas, USA, on September 4, 2026. The share of profit of the joint venture for fiscal year 2026 was USD 7,735, representing 0.02% of Elgi’s consolidated profit after tax, while the share of net worth as of March 31, 2026, was USD 1,38,972, accounting for 0.06% of Elgi’s equity. The buyer is James Gery Naico, and none of the buyers are related to Elgi’s promoter group or group companies.

Elgi Equipments Limited announced the appointment of Mr. Vikas Thiruvalluru, President and Head - GPMO, as Senior Management Personnel, effective September 1, 2026, according to a regulatory filing with the National Stock Exchange of India Limited (NSE) and BSE Limited.

Elgi Equipments Ltd share price inched up 0.44% to Rs 575.6. The Company`s net profit contracted by 19.30% to Rs 103.3 crore, while revenue from operations softened by 4.53% to Rs 1062.2 crore in Q2FY26 over Q1FY26. The market capitalization of Compressors, Pumps & Diesel Engines industry group stocks on BSE stood at Rs 2.64 lakh crore, declining 3.86%. It has slipped by 1.84% over last one week and moved up slightly by 2.23% in last one month while the market capitalization of Elgi Equipments Ltd has eased by 2.34% and 10.12% in the same period respectively. Profit before tax (PBT) of Elgi Equipments Ltd stood at Rs 139.5 crore in Q2 FY26, rallying 18.52% year-on-year, and dropping 14.84% quarter-on-quarter. EBITDA came in at Rs 135 crore, jumping 33.04% YoY and retreating 11.25% sequentially. Total expenses slightly declined by 3.30% to Rs 931.6 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 422.0 crore, easing 2.34% YoY, while employee benefits expense was at Rs 208.5 crore, ticking higher by 3.47% YoY. For the TTM ended FY26, revenue from operations advanced 12.54% to Rs 3950.7 crore, while net profit jumped 22.88% to Rs 430.2 crore, compared to previous TTM. EBITDA soared by 47590% to Rs 461.3 crore, and PBT rose 19.89% to Rs 577.4 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 453.5 crore in FY26, as against Rs 390.9 crore in FY25. Elgi Equipments Ltd surged by 11.08% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 2.83% during the same period.

Elgi Equipments will hold a meeting of the Board of Directors of the Company on 13 August 2026.