Elgi Equipments Limited (NSE:ELGIEQUIP)
India · Delayed Price · Currency is INR 581.15
+19.65 (3.50%)
Nov 12, 2026, 3:29 PM IST
Elgi Equipments Stock Forecast
Stock Price Forecast
According to 5 analysts polled by S&P Global, Elgi Equipments stock has a consensus rating of "Strong Buy" and an average price target of ₹699.60. The average 1-year stock price forecast is 20.38% higher than the current stock price, while the lowest is ₹638.00 (+9.78%) and the highest is ₹740.00 (+27.33%).
Price Target: ₹699.60 (+20.38%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Elgi Equipments stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Oct '26 | Nov '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Financial Forecast
Revenue This Year
45.13B
from 39.51B
Increased by 14.23%
Revenue Next Year
50.70B
from 45.13B
Increased by 12.34%
EPS This Year
15.68
from 13.96
Increased by 12.26%
EPS Next Year
18.30
from 15.68
Increased by 16.75%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.