Elgi Equipments Limited (BOM:522074)
India · Delayed Price · Currency is INR 614.20
+1.65 (0.27%)
At close: Jun 22, 2026
Elgi Equipments Stock Forecast
Stock Price Forecast
According to 5 analysts polled by S&P Global, Elgi Equipments stock has a consensus rating of "Buy" and an average price target of ₹677.40. The average 1-year stock price forecast is 10.29% higher than the current stock price, while the lowest is ₹636.00 (+3.55%) and the highest is ₹765.00 (+24.55%).
Price Target: ₹677.40 (+10.29%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Elgi Equipments stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 4 | 4 |
Financial Forecast
Revenue This Year
44.54B
from 39.51B
Increased by 12.73%
Revenue Next Year
50.30B
from 44.54B
Increased by 12.95%
EPS This Year
15.65
from 13.96
Increased by 12.08%
EPS Next Year
18.23
from 15.65
Increased by 16.51%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 45.5B | ||
| Avg | 44.5B | ||
| Low | 43.8B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 15.2% | ||
| Avg | 12.7% | ||
| Low | 11.0% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | - | ||
| Avg | 15.65 | ||
| Low | - |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | - | ||
| Avg | 12.1% | ||
| Low | - |