Elgi Equipments Ltd operates in the Air and gas compressors sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Elgi Equipments Ltd with three other
compressor and blower manufacturers in Asia:
Ingersoll-Rand (India) Limited
sales of 6.34 billion Indian Rupees [US$99.74 million]
of which 107%
was Air Solutions),
Hokuetsu Industries Co., Ltd.
(33.51 billion Japanese Yen [US$303.27 million]
of which 78%
was Construction Machinery Business), and
Anest Iwata Corp.
based in Japan
(29.55 billion Japanese Yen [US$267.41 million]
of which 60%
was Operating segment-Japan).
Elgi Equipments Ltd reported sales of 13.70 billion Indian Rupees (US$215.66 million)
March of 2017.
decrease of 2.7%
versus 2016, when the company's sales were 14.09 billion Indian Rupees.
Contributing to the drop in overall sales was the 42.9% decline
in Other, from 460.19 million Indian Rupees to 262.88 million Indian Rupees.
However, these declines were partially offset by the increase in sales of
Compressors (up 1.6% to 12.37 billion Indian Rupees)
Automobile Equipments (up 17.7% to 1.75 billion Indian Rupees)