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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Elgi Equipments's share price for the quarter that ended in Jun. 2026 was ₹599.25. Elgi Equipments's Shares Outstanding (EOP) for the quarter that ended in Jun. 2026 was 315 Mil. Therefore, Elgi Equipments's market cap for the quarter that ended in Jun. 2026 was ₹188,908 Mil.
Elgi Equipments's quarterly market cap
declined
from Dec. 2025 (₹149,511 Mil) to Mar. 2026 (₹147,375 Mil) but then
increased
from Mar. 2026 (₹147,375 Mil) to Jun. 2026 (₹188,908 Mil).
Elgi Equipments's annual market cap
declined
from Mar. 2024 (₹190,307 Mil) to Mar. 2025 (₹152,452 Mil) and
declined
from Mar. 2025 (₹152,452 Mil) to Mar. 2026 (₹147,375 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Elgi Equipments's Enterprise Value for Today is ₹190,730 Mil.
Elgi Equipments (BOM:522074) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Elgi Equipments Market Cap Related Terms
Elgi Equipments Market Cap Historical Data
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The historical data trend for Elgi Equipments's Market Cap 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.
For the Specialty Industrial Machinery subindustry, Elgi Equipments's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elgi Equipments's Market Cap distribution charts can be found below:
* The bar in red indicates where Elgi Equipments's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Elgi Equipments's Market Cap 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 Market Cap of ₹194,646 Mil as of Aug. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Elgi Equipments and its competitors. According to the industry distribution chart, Elgi Equipments ranks #437 out of 3105 companies in the Industrial Products industry, placing it in the top 14.1%.
Is Elgi Equipments' Market Cap too high?
Elgi Equipments' current Market Cap is ₹194,646 Mil. Based on the distribution chart, Elgi Equipments ranks #437 out of 3105 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Elgi Equipments has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Elgi Equipments' Market Cap compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elgi Equipments ranks #437 out of 3105 companies for Market Cap. This places Elgi Equipments in the top 14% of its industry — outperforming the majority of peers. The industry median Market Cap is 282.93. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Industrial Products company?
The median Market Cap among Industrial Products companies is 282.93, based on 3,105 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Elgi Equipments and its competitors. For the Industrial Products industry, the median Market Cap is 282.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elgi Equipments's current Market Cap is ₹194,646 Mil. 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 Fairly Valued. The stock's GF Value™ is ₹665.05, compared to a current price of ₹617.45 — trading 7.2% below its estimated fair value. The current Market Cap is ₹194,646 Mil. Elgi Equipments' overall GF Score™ is 96/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Elgi Equipments (BOM:522074), the current Market Cap is ₹194,646 Mil as of Aug. 27, 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 ₹617.45 is trading 7.2% below its estimated GF Value™ of ₹665.05.
GuruFocus considers Elgi Equipments to be Fairly Valued.
Key valuation signals for BOM:522074:
Market Cap: ₹194,646 Mil
GF Value™: ₹665.05 vs. price of ₹617.45 (7.2% below fair value)
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.
96GF Score
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