Elgi Equipments Limited (NSE:ELGIEQUIP)
India · Delayed Price · Currency is INR 569.15
-8.00 (-1.39%)
Jul 30, 2026, 3:30 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 "Buy" and an average price target of ₹677.40. The average 1-year stock price forecast is 19.02% higher than the current stock price, while the lowest is ₹636.00 (+11.75%) and the highest is ₹765.00 (+34.41%).
Price Target: ₹677.40 (+19.02%)
Analyst Consensus: Buy
Price Target
Chart* Price targets were last updated on Feb 27, 2026.
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Prabhudas Lilladher No rating | Prabhudas Lilladher | Buy Maintains ₹603.00 | Buy | Maintains | ₹603.00 | +5.95% | Feb 27, 2026 |
Unknown Analyst ICICI Securities No rating | ICICI Securities | Buy Maintains ₹620.00 | Buy | Maintains | ₹620.00 | +8.93% | Feb 12, 2026 |
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.