Elgi Equipments Ltd — earnings calls

ELGI Equipments reported Q1 FY27 revenue growth of about 23% year-on-year, with roughly 7% of that attributed to exchange-related factors, and EBITDA growth of about 28%. Management said growth was broad-based across geographies including India, North America, and Europe, with India standalone growing about 28%. PAT margin was reported at 9.7%, similar to the prior year, with some exceptional reorganization costs in Australia, Europe, and the US.

Elgi Equipments reported FY26 consolidated revenue of close to Rs 4,000 crore, with sales growing about 12% and PBT growing 17% for the year. Management attributed the EBITDA gap to higher employee costs from reorganizing operations in the US and Europe and building a shared service organization in India, along with increased other expenses from IT investments. Management said all regions except Australia and Southeast Asia grew during the year, and discussed rising metal commodity prices, US tariffs settling near 25%, and plans to launch a low-cost compressor range in India in September.