Elgi Equipments Ltd vs Tega Industries Ltd Stock Comparison

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Last Updated on: May 14, 2026

Key Highlights

The Latest Trading Price of Elgi Equipments Ltd is ₹ 524.75 as of 14 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 Tega Industries Ltd changed from 26.7 on March 2022 to 49 on March 2025 . This represents a CAGR of 16.39% over 4 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 Tega Industries Ltd changed from ₹ 3116 crore on March 2022 to ₹ 9797 crore on March 2025 . This represents a CAGR of 33.15% over 4 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 Tega Industries Ltd for the Dec '25 is ₹ 418.9 crore as compare to the Sep '25 revenue of ₹ 423.5 crore. This represent the decline of -1.09% 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 Tega Industries Ltd for the Dec '25 is ₹ 61.37 crore as compare to the Sep '25 ebitda of ₹ 87.35 crore. This represent the decline of -29.74% 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 Tega Industries Ltd changed from ₹ 36.74 crore to ₹ 19.71 crore over 7 quarters. This represents a CAGR of -29.94% 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 Tega Industries Ltd changed from 11.66 % on March 2023 to 7.56 % on March 2025 . This represents a CAGR of -13.45% over 3 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 Tega Industries Ltd

Tega Industries Limited was originally incorporated as Tega India Limited on 15 May, 1976 and the Company received a Certificate of Commencement of Business on 28 May 1976.
Pursuant to a Special Resolution passed by the Shareholders on 04 January 2002, and with the approval of the Central Government on 31 January 2002, the Company name was changed to Tega Industries Limited on February 1, 2002. Tega Industries is a leading manufacturer and distributor of specialized critical to operate' and recurring consumable products for the global mineral beneficiation, mining and bulk solids handling industry.
The company offers comprehensive solutions to marquee global clients in the mineral beneficiation, mining and bulk solids handling industry, through its wide product portfolio of specialized abrasion and wear-resistant rubber, polyurethane, steel and ceramic based lining components, used by its customers across different stages of mining and mineral processing, screening, grinding and material handling, including after-market spends on wear, spare parts, grinding media and power, which are regular operating expenses for the customers.

FAQs for the comparison of Elgi Equipments Ltd and Tega Industries Ltd

Which company has a larger market capitalization, Elgi Equipments Ltd or Tega Industries Ltd?

Market cap of Elgi Equipments Ltd is 16,629 Cr while Market cap of Tega Industries Ltd is 11,853 Cr

What are the key factors driving the stock performance of Elgi Equipments Ltd and Tega Industries Ltd?

The stock performance of Elgi Equipments Ltd and Tega Industries 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 Tega Industries Ltd?

As of May 14, 2026, the Elgi Equipments Ltd stock price is INR ₹524.75. On the other hand, Tega Industries Ltd stock price is INR ₹1577.8.

How do dividend payouts of Elgi Equipments Ltd and Tega Industries Ltd compare?

To compare the dividend payouts of Elgi Equipments Ltd and Tega Industries 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.