Air Compressor Multibagger Stock Reports Q1 FY27 Results Sales Rise 23%; Share Price Jumps 6%

Om DSIJ/ 14 Aug 2026 /Categories: Quarterly Results, Trending

Air Compressor Multibagger Stock Reports Q1 FY27 Results Sales Rise 23%; Share Price Jumps 6%

Elgi Equipments, a manufacturer of air compressors, reported consolidated sales of Rs 1,062 crore in Q1 FY27, while consolidated PAT before exceptional items increased 29% YoY to Rs 111 crore

✨ Key Takeaways

Elgi Equipments is a manufacturer of air compressors. The company has reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were submitted to the stock exchanges on August 13, 2026.

Elgi Equipment Q1 FY27 Financial Performance

Elgi Equipments reported consolidated sales of Rs 1,062 crore in Q1 FY27, compared with Rs 867 crore in the corresponding quarter of FY26, registering a 23 per cent YoY growth.

On a standalone basis, sales stood at Rs 645 crore, compared with Rs 503 crore in the same quarter of the previous year, representing a 28 per cent YoY increase.

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The company's consolidated profit after tax before exceptional items stood at Rs 111 crore in Q1 FY27, compared with Rs 86 crore in the corresponding period of FY26. This represents a 29 per cent YoY increase, & On a standalone basis, profit after tax stood at Rs 90 crore, compared with Rs 82 crore in Q1 FY26.

India and American Markets Drive Growth

Elgi Equipments said it delivered double-digit growth, supported by resilient performance across the Indian and American markets. However, performance in Europe and Australia remained subdued amid prevailing economic headwinds.

The company's automotive business also recorded double-digit growth compared with the corresponding period of FY26.

Elgi Equipments Positive Outlook for Q2 FY27

Looking ahead, Elgi Equipments said that despite geopolitical tensions and rising cost pressures, it maintains a positive outlook for the second quarter of FY27 and remains on track to achieve its budgeted performance.
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Elgi Equipments Share Price Performance

Elgi Equipments shares were trading at Rs 609.50, up 5.72 per cent during Friday's session, while the Nifty 50 was trading at 24,382.15, down 13.70 points or 0.06 per cent.

The stock has gained 5.79 per cent over the past one month, rising by Rs 33.40. Over the past six months, the stock has delivered a 21.60 per cent return, gaining Rs 108.35. On a one-year basis, the stock has risen 23.72 per cent, with an increase of Rs 116.95. The stock's gains came after the company reported a 23 per cent YoY increase in consolidated sales and a 29 per cent YoY growth in consolidated PAT before exceptional items for Q1 FY27.