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Elgi EquipmentsBOM:522074 -1.38%97 Days Inventory is 116.05 as of Mar. 2026, which is 1% below its 10-year median of 117.06. GuruFocus rates BOM:522074 with a GF Score™ of 97/100 and a GF Value™ of ₹674.31 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,972 Industrial Products companies, Elgi Equipments ranks worse than 51.72% on this metric.
The historical rank and industry rank for Elgi Equipments's Days Inventory or its related term are showing as below:
BOM:522074'
s Days Inventory Range Over the Past 10 Years
Min: 96.36 Med: 117.06 Max: 140.09
Current: 123.5
During the past 13 years, Elgi Equipments's highest Days Inventory was 140.09. The lowest was 96.36. And the median was 117.06.
BOM:522074's Days Inventory is ranked worse than 51.72% of 2972
companies
in the Industrial Products industry
Industry Median: 119.51
vs BOM:522074: 123.50
Elgi Equipments's Days Inventory
increased
from Mar. 2025 (109.43) to Mar. 2026 (116.05).
It might indicate that Elgi Equipments's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Elgi Equipments's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.79.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Elgi Equipments's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.64.
Elgi Equipments (BOM:522074) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Elgi Equipments's Inventory Turnover for the
three
months ended in Mar. 2026 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Elgi Equipments's Inventory to Revenue for the
three
months ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Elgi Equipments Days Inventory Related Terms
Elgi Equipments Days Inventory Historical Data
* Premium members only.
The historical data trend for Elgi Equipments's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BOM:522074 vs GEV, ETN, PH: Days Inventory Comparison
For the Specialty Industrial Machinery subindustry, Elgi Equipments's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Elgi Equipments Days Inventory vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elgi Equipments's Days Inventory distribution charts can be found below:
* The bar in red indicates where Elgi Equipments's Days Inventory falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Elgi Equipments (BOM:522074) has a Days Inventory of 116.05 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Elgi Equipments and its competitors. This is near median its historical median of 117.06. Over the past decade, Elgi Equipments' Days Inventory has ranged from 96.36 to 140.09. According to the industry distribution chart, Elgi Equipments ranks #1537 out of 2972 companies in the Industrial Products industry, placing it in the top 51.7%.
Is Elgi Equipments' Days Inventory too high?
Elgi Equipments' current Days Inventory of 116.05 is near median its 10-year median of 117.06. Over the past 10 years, this metric has ranged from a low of 96.36 to a high of 140.09. The Industrial Products industry median Days Inventory is 119.51. Elgi Equipments' value of 116.05 is 2.9% below this industry median. Based on the distribution chart, Elgi Equipments ranks #1537 out of 2972 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Elgi Equipments has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elgi Equipments' Days Inventory compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elgi Equipments ranks #1537 out of 2972 companies for Days Inventory. This places Elgi Equipments in the lower half of its industry. The industry median Days Inventory is 119.51. Elgi Equipments' value of 116.05 is 2.9% below this benchmark. Historically, Elgi Equipments' own Days Inventory has ranged from 96.36 to 140.09 over the past decade. While the company's 10-year median is 117.06 vs. the industry median of 119.51, Elgi Equipments has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.51, based on 2,972 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elgi Equipments's current Days Inventory of 116.05 is 2.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Elgi Equipments and its competitors. For the Industrial Products industry, the median Days Inventory is 119.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elgi Equipments's current Days Inventory is 116.05, which is near median its own 10-year median of 117.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elgi Equipments stock overvalued right now?
Based on GuruFocus' analysis, Elgi Equipments (BOM:522074) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹674.31, compared to a current price of ₹577.85 — trading 14.3% below its estimated fair value. The current Days Inventory is 116.05, which is near median its 10-year median of 117.06 and 2.9% below the Industrial Products industry median of 119.51. Elgi Equipments' overall GF Score™ is 97/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Elgi Equipments (BOM:522074), the current Days Inventory is 116.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Elgi Equipments (BOM:522074) Overvalued in 2026?
Based on GuruFocus' analysis, Elgi Equipments stock appears to be undervalued.
The current stock price of ₹577.85 is trading 14.3% below its estimated GF Value™ of ₹674.31.
GuruFocus considers Elgi Equipments to be Modestly Undervalued.
Key valuation signals for BOM:522074:
Days Inventory: 116.05 (near median its 10-year median of 117.06)
GF Value™: ₹674.31 vs. price of ₹577.85 (14.3% below fair value)
Industry Position: 2.9% below the Industrial Products median (#1537 of 2972)
No single metric tells the full story. See the BOM:522074 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elgi Equipments Ltd manufactures air compressors and compressed air systems. The segment in which the group operates includes Air Compressors and Automotive Equipment. Its products include piston compressors, electric lubricated screw compressors, electric oil-free screw compressors, portable compressors, railway compressors, and air accessories. Geographically, it derives a majority of its revenue from India and also has a presence in the United States of America, Italy, Australia, and other countries. It serves the Textile; Manufacturing; Automotive; Agriculture and Construction industries.
97GF Score
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