Elgi Equipments (NSE:ELGIEQUIP) Dividend Payout Ratio: (As of Jun. 2026)

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NSE:ELGIEQUIP Elgi Equipments Ltd NSE:ELGIEQUIP
95 GF Score
Price ₹612.20
GF Value ₹664.45
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Elgi Equipments Dividend Payout Ratio?

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 Jun. 2026 was .

The historical rank and industry rank for Elgi Equipments's Dividend Payout Ratio or its related term are showing as below:

NSE:ELGIEQUIP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.18   Max: 1.03
Current: 0.16

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.

NSE:ELGIEQUIP's Dividend Payout Ratio is ranked better than
83.92% of 1673 companies
in the Industrial Products industry
Industry Median: 0.36 vs NSE:ELGIEQUIP: 0.16

As of today (2026-09-22), the Dividend Yield % of Elgi Equipments is 0.44%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Elgi Equipments was 2.78%. The lowest was 0.14%. And the median was 0.40%.

Elgi Equipments's Dividends per Share for the months ended in Jun. 2026 was ₹.

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 (NSE:ELGIEQUIP) 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.

Elgi Equipments Dividend Payout Ratio Chart

Elgi Equipments Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.17 0.20 0.20 0.19

Elgi Equipments Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.67 -

NSE:ELGIEQUIP 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.


NSE:ELGIEQUIP
95GF Score
Elgi Equipments Ltd NSE:ELGIEQUIP
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elgi Equipments Dividend Payout Ratio Calculation

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

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=2.7/ 13.940908515754
=0.19

Elgi Equipments's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=/ 3.4306962025316
=0.00

* 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.

Is Elgi Equipments (NSE:ELGIEQUIP) Overvalued in 2026?

Based on GuruFocus' analysis, Elgi Equipments stock appears to be undervalued. The current stock price of ₹612.20 is trading 7.9% below its estimated GF Value™ of ₹664.45. GuruFocus considers Elgi Equipments to be Fairly Valued.

Key valuation signals for NSE:ELGIEQUIP:

  • Dividend Payout Ratio:
  • GF Value™: ₹664.45 vs. price of ₹612.20 (7.9% below fair value)
  • GF Score™: 95/100 with 3 warning signs

No single metric tells the full story. See the NSE:ELGIEQUIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Elgi Equipments Business Description

Other Exchanges 522074:India
Address Trichy Road, Elgi Industrial Complex III, Singanallur, Coimbatore, TN, IND, 641005
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 NSE:ELGIEQUIP

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹612.20
Price
₹664.45
GF Value