Elgi Equipments (NSE:ELGIEQUIP) Research & Development : ₹0 Mil (TTM As of Dec. 2023)

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What is Elgi Equipments Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Elgi Equipments's Research & Development for the three months ended in Dec. 2023 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ₹0 Mil.

Elgi Equipments Research & Development Historical Data

The historical data trend for Elgi Equipments's Research & Development 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.

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Elgi Equipments Research & Development Chart

Elgi Equipments Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Research & Development

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132.07

73.18

71.39

58.02

48.22

Elgi Equipments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Elgi Equipments Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

Elgi Equipments (NSE:ELGIEQUIP) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Elgi Equipments Research & Development Related Terms

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Elgi Equipments (NSE:ELGIEQUIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Elgi Equipments Ltd (NSE:ELGIEQUIP) » Definitions » Research & Development

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522074:India

Address

Trichy Road, Elgi Industrial Complex III, Singanallur, Coimbatore, TN, IND, 641 005

Website

https://www.elgi.com

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 is from India and also has a presence in the United States of America, Italy, Australia, and Other Countries. It serves Textiles; Manufacturing; Pharmaceutical; Agriculture and Mining. The company generates maximum revenue from the Air Compressors segment.

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