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The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Elgi Equipments's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Elgi Equipments's Dividend Payout Ratio or its related term are showing as below:
BOM:522074'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.18 Max: 1.03
Current: 0.17
During the past 13 years, the highest Dividend Payout Ratio of Elgi Equipments was 1.03. The lowest was 0.13. And the median was 0.18.
BOM:522074's Dividend Payout Ratio is ranked better than 81.78% of 1723
companies
in the Industrial Products industry
Industry Median: 0.37
vs BOM:522074: 0.17
During the past 12 months, Elgi Equipments's average Dividends Per Share Growth Rate was 10.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 24.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Elgi Equipments was 49.40% per year. The lowest was -15.70% per year. And the median was 5.35% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Elgi Equipments (BOM:522074) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Elgi Equipments Dividend Payout Ratio Related Terms
Elgi Equipments Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Elgi Equipments's Dividend Payout Ratio 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: Dividend Payout Ratio Comparison
For the Specialty Industrial Machinery subindustry, Elgi Equipments's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elgi Equipments's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Elgi Equipments's Dividend Payout Ratio falls into.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Elgi Equipments's Dividend Payout Ratio 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 Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Elgi Equipments and its competitors. Over the past decade, Elgi Equipments' Dividend Payout Ratio has ranged from 0.13 to 1.03. According to the industry distribution chart, Elgi Equipments ranks #314 out of 1723 companies in the Industrial Products industry, placing it in the top 18.2%.
Is Elgi Equipments' Dividend Payout Ratio too high?
Elgi Equipments' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.03. Based on the distribution chart, Elgi Equipments ranks #314 out of 1723 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 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elgi Equipments' Dividend Payout Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elgi Equipments ranks #314 out of 1723 companies for Dividend Payout Ratio. This places Elgi Equipments in the top 18% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.37. Historically, Elgi Equipments' own Dividend Payout Ratio has ranged from 0.13 to 1.03 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Industrial Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,723 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Elgi Equipments and its competitors. For the Industrial Products industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elgi Equipments's current Dividend Payout Ratio is 0.00. 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 Dividend Payout Ratio is 0.00. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Elgi Equipments (BOM:522074), the current Dividend Payout Ratio is 0.00 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:
Dividend Payout Ratio: 0.00
GF Value™: ₹674.42 vs. price of ₹588.20 (12.8% 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.
95GF Score
Get the complete analysis for BOM:522074
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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