Elgi Equipments Limited — Q2FY27 earnings call summary

Filed 12 November 2026 · Official transcript

Price hikes ongoing due to rising metal commodity costs; full impact expected by Q3 FY27
Management focused on cost reduction initiatives to offset commodity inflation by Q4 FY27
Q2 FY27 revenue grew 17% y-y; EBITDA up 28%, margin improved to 16.3%
Europe expected to be marginally profitable in FY27; Australia recovery on track by Q4
Oil-free compressors demand strong from pharma, food processing; separate sales vertical
Vayu brand for low-cost compressors on track; 35% geography coverage by Sep, full by Jan-Feb
IT costs up due to cybersecurity, CRM, consolidation; legal fees stable
India market outperformed with 52% revenue share; North America showed strong growth