14 Nov 2025 | 3 Mins Read
Elgi Equipments; target at Rs 561: Prabhudas Lilladher
Flipitmoney
Elgi Equipments delivered a decent Q4 with revenue up 11.4% YoY, though EBITDA margin contracted 184bps to 14.5%. Domestic enquiry momentum is healthy but global uncertainties and tariff-related issues weigh on near-term visibility. Prabhudas Lilladher maintains an "Accumulate" rating with a new target price of Rs561 and PE of 35x for Sep'27E.