ELGIEQUIP
Elgi Equipments
Each stock's 10,000-path forecast, rendered as light.
Elgi Equipments (ELGIEQUIP) Stock Analysis & Case Study
Is ELGIEQUIP a good buy? The data-driven verdict.
Elgi Equipments (ELGIEQUIP) trades at ₹614,on the numbers it mixed signals, a Downstox Snapshot Score of 46/100.
On the numbers, Elgi Equipments (ELGIEQUIP) mixed signals, a Downstox Snapshot Score of 46/100, weighing expensive at 44.1× earnings, ROE of 21.5%, a 31% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027–2031.
Last updated . Data snapshot for research, not investment advice.
ELGIEQUIP fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
Is ELGIEQUIP overvalued? ELGIEQUIP P/E vs its sector
ELGIEQUIP's P/E of 44.1× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.44% dividend yield is below the peer median of 1.65%.
ELGIEQUIP share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of ELGIEQUIP history (-12%/yr drift, 38%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| ELGIEQUIP 2027 | ₹311 | ₹505 | ₹828 | -18% |
| ELGIEQUIP 2028 | ₹208 | ₹416 | ₹838 | -32% |
| ELGIEQUIP 2029 | ₹146 | ₹347 | ₹822 | -43% |
| ELGIEQUIP 2030 | ₹105 | ₹286 | ₹776 | -53% |
| ELGIEQUIP 2031 | ₹78 | ₹235 | ₹719 | -62% |
Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability ELGIEQUIP goes up, or doubles?
The bull case for ELGIEQUIP
- High return on equity (21.5%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise.
- Strong ROCE (23.7%) shows the core business earns well above its cost of capital.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹822.
The bear case & risks
- A rich 44.1× P/E leaves a thin margin of safety if growth slows.
- A steep 8.7× price-to-book means most of the value is intangible/expectations, not assets on the books.
- The probability model is cautious 12 months out, only a 31% chance of finishing above today's price.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹146.
ELGIEQUIP volatility & expected range, how bumpy is the ride?
Over the last 2.0 years ELGIEQUIP compounded at -12%/year with annualized volatility of 38%. That volatility implies a 1-year 80% range of ₹311–₹828, the honest backbone behind any single price target.
ELGIEQUIP price forecast, the full 60-month probability fan
ELGIEQUIP price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds ELGIEQUIP hits common targets within the simulated horizon?
Full multi-horizon detail on the ELGIEQUIP price target & forecast page.
ELGIEQUIP Piotroski F-Score: 4/9, how financially strong is it?
The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. ELGIEQUIP scores 4/9,mixed financial health.
ELGIEQUIP MTF margin & leverage, Upstox, Zerodha, Groww, Dhan
Margin Trading Facility lets you buy ELGIEQUIP with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| UpstoxCHEAPEST | 32.5% | 3.1× |
| ZerodhaCHEAPEST | 32.5% | 3.1× |
| DhanCHEAPEST | 32.5% | 3.1× |
Compare every broker on the ELGIEQUIP MTF page.
ELGIEQUIP vs peers,sector comparison
About Elgi Equipments: sector, index & market-cap context
Elgi Equipments (ELGIEQUIP) is a small-cap NSE-listed company, and a constituent of the Nifty 200 index group, with a market capitalisation of ₹19,474 Cr. See more Nifty 200 stocks.
How the ELGIEQUIP Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Elgi Equipments's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
ELGIEQUIP analysis, FAQs
Is Elgi Equipments (ELGIEQUIP) a good buy?
On the numbers, Elgi Equipments (ELGIEQUIP) mixed signals, a Downstox Snapshot Score of 46/100, weighing expensive at 44.1× earnings, ROE of 21.5%, a 31% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is ELGIEQUIP overvalued or undervalued?
ELGIEQUIP trades at 44.1× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.
What is the ELGIEQUIP share price target for 2031?
ELGIEQUIP's probability-weighted 2031 median target is ₹235, with an 80% range of ₹78–₹719 (10,000-path Monte-Carlo).
What is the probability ELGIEQUIP doubles in 5 years?
The modelled probability of ELGIEQUIP reaching ₹1,226 (2×) within 5 years is 3%.
What is the bull case for ELGIEQUIP?
High return on equity (21.5%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise. Strong ROCE (23.7%) shows the core business earns well above its cost of capital.
What are the risks in ELGIEQUIP?
A rich 44.1× P/E leaves a thin margin of safety if growth slows. A steep 8.7× price-to-book means most of the value is intangible/expectations, not assets on the books. The probability model is cautious 12 months out, only a 31% chance of finishing above today's price.