Elgi Equipments Ltd vs Panasonic Carbon India Company Ltd Stock Comparison
Elgi Equipments Ltd vs Panasonic Carbon India Company Ltd Stock Comparison
Last Updated on: May 18, 2026
Key Highlights
The Latest Trading Price of Elgi Equipments Ltd is ₹ 533.85 as of 18 May 15:30
. The P/E Ratio of Elgi Equipments Ltd changed from 58.9 on March 2021 to 43.7 on March 2025 . This represents a CAGR of -5.80% over 5 yearsThe P/E Ratio of Panasonic Carbon India Company Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 years The Market Cap of Elgi Equipments Ltd changed from ₹ 6027 crore on March 2021 to ₹ 15303 crore on March 2025 . This represents a CAGR of 20.48% over 5 yearsThe Market Cap of Panasonic Carbon India Company Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 5 years The revenue of Elgi Equipments Ltd for the Dec '25 is ₹ 1029 crore as compare to the Sep '25 revenue of ₹ 1022 crore. This represent the growth of 0.67% The revenue of Panasonic Carbon India Company Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Elgi Equipments Ltd for the Dec '25 is ₹ 155.2 crore as compare to the Sep '25 ebitda of ₹ 194.7 crore. This represent the decline of -20.29% The ebitda of Panasonic Carbon India Company Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Elgi Equipments Ltd changed from ₹ 72.8 crore to ₹ 95.2 crore over 7 quarters. This represents a CAGR of 16.57%
The net profit of Panasonic Carbon India Company Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0%
The Dividend Payout of Elgi Equipments Ltd changed from 24.12 % on March 2021 to 19.92 % on March 2025 . This represents a CAGR of -3.75% over 5 yearsThe Dividend Payout of Panasonic Carbon India Company Ltd changed from 30.48 % on March 2021 to 27.65 % on March 2025 . This represents a CAGR of -1.93% over 5 years .
About Elgi Equipments Ltd
Elgi Equipments Limited (EEL) was incorporated on March 14, 1960 as a Private Limited Company.
The Company thereafter converted the status into a public limited Company in 1975 and came out with a Public Issue of 75,000 shares.
The promoters of the Company include Dr. Jairam Varadaraj, Sudarsan Varadaraj, Anvar Jay Varadaraj, and others.
Presently, it is engaged in manufacture, trading of air compressors and providing after sales services.
The Company has manufacturing plants in Coimbatore, India.
As part of its modernisation plans, the company invested Rs 40 crores in the upgradation and expansion of the manufacturing facilities, especially of compressors.
The company was initially manufacturing garage equipment like low-range reciprocating compressors, car-washing machines and hydraulic lifts, with technical know-how from Pumpen Fabrik Urach, Germany.
About Panasonic Carbon India Company Ltd
Panasonic Carbon India Company Limited, formerly known Indo Matsushita Carbon Company Limited was established in September, 1982.
The Company changed its name from Indo Matsushita Carbon Company Limited to Panasonic Carbon India Company Limited in June, 2005.
The Company is the sole manufacturer of high standard Carbon Rods in India and a leading manufacturer of Carbon Rods in the World.
Commenced commercial production in 1984, the Company manufactures Carbon Rods through Foreign Collaboration Agreement with
Matsushita Electric Industrial Company, Japan.
It belongs to the Rs 200-cr Obul Reddy group.
Matsushita Electric holds a 51% stake in the company.
In Jan.'89, the production of another fast-growing variety of midget electrodes, again with technical assistance from Matsushita Electric, was commissioned, to meet the requirements of manufacturers of all varieties of dry cells.
FAQs for the comparison of Elgi Equipments Ltd and Panasonic Carbon India Company Ltd
Which company has a larger market capitalization, Elgi Equipments Ltd or Panasonic Carbon India Company Ltd?
Market cap of Elgi Equipments Ltd is 16,918 Cr while Market cap of Panasonic Carbon India Company Ltd is 228 Cr
What are the key factors driving the stock performance of Elgi Equipments Ltd and Panasonic Carbon India Company Ltd?
The stock performance of Elgi Equipments Ltd and Panasonic Carbon India Company Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for Elgi Equipments Ltd and Panasonic Carbon India Company Ltd?
As of May 18, 2026, the Elgi Equipments Ltd stock price is INR ₹533.85. On the other hand, Panasonic Carbon India Company Ltd stock price is INR ₹476.35.
How do dividend payouts of Elgi Equipments Ltd and Panasonic Carbon India Company Ltd compare?
To compare the dividend payouts of Elgi Equipments Ltd and Panasonic Carbon India Company Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
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