HomeInsightsStock Comparison

Elgi Equipments Ltd vs Shining Tools Ltd Stock Comparison

Elgi Equipments Ltd vs Shining Tools Ltd Stock Comparison

Last Updated on: May 05, 2026

Key Highlights

  • The Latest Trading Price of Elgi Equipments Ltd is ₹ 542.85 as of 05 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 Shining Tools 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 Shining Tools 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 Shining Tools 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 Shining Tools 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 Shining Tools 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 Shining Tools Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% 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 Shining Tools Ltd

  • Shining Tools Limited was originally incorporated as a Public Limited Company in May, 2013 with the Registrar of Companies, Gujarat.
  • The Company commenced the production of Solid Carbide Tools in Rajkot District of Gujarat in 2013 and launched the product under the brand 'TIXNA'. At present, Company is engaged in the designing and manufacturing of high-performance solid carbide cutting tools catering to various industries in India.
  • Additionally, it provide reconditioning services for used tools, ensuring their extended usability and performance.
  • It specialize in producing a wide range of high-performance cutting tools, including end mills, thread mills, drills, and reamers, offering innovative tooling solutions.
  • These tools are widely used in commercial metal cutting operations across multiple industries.

FAQs for the comparison of Elgi Equipments Ltd and Shining Tools Ltd

Which company has a larger market capitalization, Elgi Equipments Ltd or Shining Tools Ltd?

Market cap of Elgi Equipments Ltd is 17,569 Cr while Market cap of Shining Tools Ltd is 36 Cr

What are the key factors driving the stock performance of Elgi Equipments Ltd and Shining Tools Ltd?

The stock performance of Elgi Equipments Ltd and Shining Tools 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 Shining Tools Ltd?

As of May 5, 2026, the Elgi Equipments Ltd stock price is INR ₹554.4. On the other hand, Shining Tools Ltd stock price is INR ₹64.5.

How do dividend payouts of Elgi Equipments Ltd and Shining Tools Ltd compare?

To compare the dividend payouts of Elgi Equipments Ltd and Shining Tools 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.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
up arrow
Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions

Join the

Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions