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Elgi EquipmentsBOM:522074 +1.20%95 Days Payable is 75.05 as of Mar. 2026, which is 4% below its 10-year median of 78.31. GuruFocus rates BOM:522074 with a GF Score™ of 95/100 and a GF Value™ of ₹674.42 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,991 Industrial Products companies, Elgi Equipments ranks worse than 52.46% on this metric.
The historical rank and industry rank for Elgi Equipments's Days Payable or its related term are showing as below:
BOM:522074'
s Days Payable Range Over the Past 10 Years
Min: 72.48 Med: 78.31 Max: 87.17
Current: 73.58
During the past 13 years, Elgi Equipments's highest Days Payable was 87.17. The lowest was 72.48. And the median was 78.31.
BOM:522074's Days Payable is ranked worse than 52.46% of 2991
companies
in the Industrial Products industry
Industry Median: 77.97
vs BOM:522074: 73.58
Elgi Equipments's Days Payable
increased
from Mar. 2025 (60.55) to Mar. 2026 (75.05).
It may suggest that Elgi Equipmentsdelayed paying its suppliers.
Elgi Equipments Days Payable Related Terms
Elgi Equipments Days Payable Historical Data
* Premium members only.
The historical data trend for Elgi Equipments's Days Payable 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 Payable Comparison
For the Specialty Industrial Machinery subindustry, Elgi Equipments's Days Payable, along with its competitors' market caps and Days Payable 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 Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elgi Equipments's Days Payable distribution charts can be found below:
* The bar in red indicates where Elgi Equipments's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Elgi Equipments's Days Payable for the fiscal year that 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.
Elgi Equipments (BOM:522074) has a Days Payable of 75.05 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Elgi Equipments and its competitors. This is near median its historical median of 78.31. Over the past decade, Elgi Equipments' Days Payable has ranged from 72.48 to 87.17. According to the industry distribution chart, Elgi Equipments ranks #1569 out of 2991 companies in the Industrial Products industry, placing it in the top 52.5%.
Is Elgi Equipments' Days Payable too high?
Elgi Equipments' current Days Payable of 75.05 is near median its 10-year median of 78.31. Over the past 10 years, this metric has ranged from a low of 72.48 to a high of 87.17. The Industrial Products industry median Days Payable is 77.97. Elgi Equipments' value of 75.05 is 3.7% below this industry median. Based on the distribution chart, Elgi Equipments ranks #1569 out of 2991 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Elgi Equipments has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elgi Equipments' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elgi Equipments ranks #1569 out of 2991 companies for Days Payable. This places Elgi Equipments in the lower half of its industry. The industry median Days Payable is 77.97. Elgi Equipments' value of 75.05 is 3.7% below this benchmark. Historically, Elgi Equipments' own Days Payable has ranged from 72.48 to 87.17 over the past decade. While the company's 10-year median is 78.31 vs. the industry median of 77.97, 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 Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elgi Equipments's current Days Payable of 75.05 is 3.7% 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Elgi Equipments and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elgi Equipments's current Days Payable is 75.05, which is near median its own 10-year median of 78.31. 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 ₹674.42, compared to a current price of ₹588.20 — trading 12.8% below its estimated fair value. The current Days Payable is 75.05, which is near median its 10-year median of 78.31 and 3.7% below the Industrial Products industry median of 77.97. Elgi Equipments' overall GF Score™ is 95/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Elgi Equipments (BOM:522074), the current Days Payable is 75.05 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 ₹588.20 is trading 12.8% below its estimated GF Value™ of ₹674.42.
GuruFocus considers Elgi Equipments to be Modestly Undervalued.
Key valuation signals for BOM:522074:
Days Payable: 75.05 (near median its 10-year median of 78.31)
GF Value™: ₹674.42 vs. price of ₹588.20 (12.8% below fair value)
Industry Position: 3.7% below the Industrial Products median (#1569 of 2991)
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.
95GF Score
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