Elgi Equipments
Industrial Machinery & Equipment · India · 1K - 5K Employees
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Overview
Headquarters
Elgi Industrial Complex Trichy Rd, Singa...Phone Number
+91 4222589555Website
www.elgi.comRevenue
$408.7 MillionStock Symbol
ELGIEQUIPIndustry
ZI Rank: 1
Signal Type
Dec
Jan
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May
ZI Rank
3
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1
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About Elgi Equipments
Elgi Equipments was established in 1960 as an air compressor and garage equipment manufacturing company. Over the years, the company has exponentially grown its product portfolio and aligned its offering to changing market requirements. Today, Elgi Equipments Limited is a global air compressor manufacturer with a broad line of innovative and technologically superior compressed air systems.Explore more
Elgi Equipments Org Chart
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Company Profile Activity
Activity Insights
Elgi Equipments is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Elgi Equipments is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Elgi Equipments.
Elgi Equipments Tech Stack
A closer look at the technologies used by Elgi Equipments
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Most Recent Scoops
Person-Based
Pain Point
Elgi Equipments has announced that its Portables business is experiencing structural profitability challenges due to the lack of a large aftermarket component. The 17% tariffs have significantly impacted profits in the North America region.
Pain Point, Finance, Risk
Earnings
Elgi Equipments has reported 11% group revenue growth for the fiscal year, with approximately 2 basis points attributed to favorable exchange rates. Adjusting for exchange, the growth would have been approximately 9%.
Earnings, Accounting, Financial Reporting, Finance
Earnings
Elgi Equipments has reported that the global air compressor industry is expected to reach $23 billion in FY26, growing at 3.5% CAGR. Elgi Equipments's operating revenue has been growing at 6% CAGR, outpacing the industry growth rate.
Earnings, Forecasting, Finance
Earnings
Elgi Equipments News & Media
ELGi and IESS Develop Compressed Air Solution to Help Companies Comply With Natural Gas Flame-Off Ban
CHARLOTTE, N.C.--(BUSINESS WIRE)--The Bakken Formation is a region in North Dakota with some of the largest oil and natural gas deposits in the United States — more than 17,000 producing oil wells. Compressed air is essential to companies operating there because it powers natural gas compressors, actuate instruments, and the air supply for oil well applications. In early 2024, the U.S. government announced a new regulation to ban flame-off applications, the common practice of burningElgi Equipments to divest stake in US joint venture for $154,586 - CNBC TV18
Elgi USA plans to sell its stake to its existing joint venture partner, with the formal sale closure expected by October 31, 2024. Shares of Elgi Equipments Ltd ended at ₹686.85, down by ₹4.70, or 0.68%, on the BSE.Elgi Equipments Limited Approves Appointment of Gaurav Gupta as Chief ... - MarketScreener
Elgi Equipments Limited announced that at its board meeting held on August 12, 2024, approved the appointment of Mr. Gaurav Gupta as chief information officer, senior management personnel of the...Elgi Equipments Limited Announces Chief Financial Officer Changes, Effective from March 18, 2024
Elgi Equipments Limited announced that the Board in its meeting held March 15, 2024 took note of the relinquishment of Mr. Jayakanthan R, as Chief Financial Officer of the Company with effect from...
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Frequently Asked Questions Regarding Elgi Equipments
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Elgi Equipments was established in 1960 as an air compressor and garage equipment manufacturing company. Over the years, the company has exponentially grown its product portfolio and aligned its offering to changing market requirements. Today, Elgi Equipments Limited is a global air compressor manufacturer with a broad line of innovative and techno... Read More
