[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":3,"article-elgi-equipments-beats-estimates-in-q4-equirus-securities-maintains-long":142,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":167,"$fR4DoeVRVekscO3pYCsJIt6KjRPIynjtNlytHFj6IDMg":208,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$flyRSpjhyVE29pqjd-DzWtoRwNGPXrTq6WJDGSvhczcc":246},{"data":4,"links":79,"meta":84},[5,13,19,25,31,37,43,49,55,61,67,73],{"title":6,"slug":7,"excerpt":8,"imageUrl":9,"publishedAt":10,"author":11,"category":12},"KAS Group Brings G Sivakumar Onboard to Lead Manufacturing","kas-group-brings-g-sivakumar-onboard-to-lead-manufacturing","KAS Group appoints manufacturing veteran G Sivakumar as GM to bolster its semiconductor and advanced manufacturing operations in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fkas-group-brings-g-sivakumar-onboard-to-lead-manufacturing-vEi9jn.jpg","2026-07-31T03:43:17+05:30","MWM Desk","News",{"title":14,"slug":15,"excerpt":16,"imageUrl":17,"publishedAt":18,"author":11,"category":12},"NORD Expands Functional Safety of NORDAC ON Drive Electronics","nord-expands-functional-safety-of-nordac-on-drive-electronics","NORD DRIVESYSTEMS upgrades its NORDAC ON frequency inverters with advanced functional safety features for smarter, safer automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fnord-expands-functional-safety-of-nordac-on-drive-electronics-EQbpyp.jpg","2026-07-31T03:39:50+05:30",{"title":20,"slug":21,"excerpt":22,"imageUrl":23,"publishedAt":24,"author":11,"category":12},"CII GreenPro Summit 2026 Drives India’s Industrial Decarbonization Agenda","cii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda","CII GreenPro Summit 2026 accelerates India's industrial decarbonization with focus on green products and sustainable value chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fcii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda-dlMTv5.png","2026-07-31T03:24:02+05:30",{"title":26,"slug":27,"excerpt":28,"imageUrl":29,"publishedAt":30,"author":11,"category":12},"BASF Launches Melyra and Inveris Gold Crop Protection Solutions in India","basf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india","BASF expands its Indian agricultural portfolio with the launch of Melyra and Inveris Gold, delivering advanced crop protection and enhanced productivity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fbasf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india-gdMNFU.jpg","2026-07-31T02:38:13+05:30",{"title":32,"slug":33,"excerpt":34,"imageUrl":35,"publishedAt":36,"author":11,"category":12},"L&T Technology Services Launches Ainfonix™ 4.0 to Accelerate AI Adoption","lt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption","L&T Technology Services unveils Ainfonix™ 4.0 at EI Live, a cutting-edge platform designed to accelerate industrial AI adoption and data utility.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Flt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption-n5XI9j.webp","2026-07-31T02:17:58+05:30",{"title":38,"slug":39,"excerpt":40,"imageUrl":41,"publishedAt":42,"author":11,"category":12},"Tembo Global Industries Opens New Vasai Facility, Boosts Capacity to 1,00,000 MTPA","tembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa","Tembo Global Industries scales up! Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":44,"slug":45,"excerpt":46,"imageUrl":47,"publishedAt":48,"author":11,"category":12},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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management.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fhitachi-launches-builmirai-hub-in-india-for-intelligent-building-solutions-nAUiSk.jpg","2026-07-29T02:22:46+05:30",{"title":68,"slug":69,"excerpt":70,"imageUrl":71,"publishedAt":72,"author":11,"category":12},"Suzlon Begins FY27 with 23 Percent Revenue Growth, Record Q1 Deliveries","suzlon-begins-fy27-with-23-percent-revenue-growth-record-q1-deliveries","Suzlon Group reports 23% YoY revenue growth for Q1 FY27, hitting record deliveries of 506 MW and launching its ambitious Suzlon 2.0 strategy.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fsuzlon-begins-fy27-with-23-percent-revenue-growth-record-q1-deliveries-U9ZhQA.png","2026-07-28T17:23:08+05:30",{"title":74,"slug":75,"excerpt":76,"imageUrl":77,"publishedAt":78,"author":11,"category":12},"Globe Toyota, BioTradX Partner to Advance Circular Resource Management","globe-toyota-biotradx-partner-to-advance-circular-resource-management","Globe Toyota partners with BioTradX to digitize resource recovery, channeling 30,000 liters of used engine oil monthly into sustainable biofuel.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fglobe-toyota-biotradx-partner-to-advance-circular-resource-management-BNaf8N.jpeg","2026-07-26T02:20:02+05:30",{"first":80,"last":81,"prev":82,"next":83},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=1","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=131",null,"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=2",{"current_page":85,"from":85,"last_page":86,"links":87,"path":139,"per_page":140,"to":140,"total":141},1,131,[88,91,94,97,101,105,109,113,117,121,125,129,131,135,137],{"url":82,"label":89,"page":82,"active":90},"« 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»","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews",12,1565,{"data":143},{"id":144,"title":145,"slug":146,"excerpt":147,"content":148,"imageUrl":149,"socialImageUrl":150,"publishedAt":151,"author":11,"category":12,"likes":152,"summary":153,"captionLinkedin":154,"captionTwitter":155,"captionInstagram":156,"seo":157,"prevPost":159,"nextPost":163},1181,"Elgi Equipments Beats Estimates in Q4; Equirus Securities Maintains LONG","elgi-equipments-beats-estimates-in-q4-equirus-securities-maintains-long","Elgi Equipments reports strong Q4 growth as Equirus Securities maintains a LONG rating. Discover the latest on their India market strategy.","\u003Cfigure>\u003Cimg src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2025\u002FElgi%20Equipments_Pic%201.jpg\" alt=\"\">\r\n\u003Cfigcaption>Dr Jairam Varadaraj \u003Cbr>Managing Director \u003Cbr>Elgi Equipments Ltd\u003C\u002Ffigcaption>\r\n\u003C\u002Ffigure>\r\n\u003Cp style=\"text-align: left;\">Elgi Equipments Ltd’s (ELEQ) 4QFY25 revenues rose 15 percent year-on-year (YoY) to INR 9.9 billion, 9 percent ahead of consensus estimates (EE). Growth was driven by a strong overseas performance (+18 percent YoY) on broad-based traction across geographical regions and a healthy 9 percent YoY increase in India compressor revenues. EBITDA margins stood at 15.1 percent (EE: 15.7 percent), expanding 65 bps YoY\u002F100 bps QoQ. Margins would have been materially higher but for one-off other expenses. Despite tough global macro conditions, FY25 performance was broadly in line. Equirus Securities Pvt Ltd, one of India’s leading domestic institutional equities brokerage firms, fine-tunes FY26\u002FFY27 estimates and maintains LONG with a Jun’26 TP of INR 695 (INR 690 earlier) based on 40x (unchanged) Jun’27 EPS. Any adverse outcome from higher-than-expected US tariffs could materially impact earnings estimates.\u003C\u002Fp>\r\n\u003Cp>\u003Cstrong>India Set to Outpace Industry \u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp>India compressor revenues grew a healthy 12 percent in FY25 despite muted capex momentum. While inquiries remain strong, order finalizations are delayed as customers adopt a wait-and-watch approach. In the low-cost compressors segment, ELEQ is targeting a 30 percent share in the low-kW segment (25-30 percent of industry volumes), a space largely unserved by peers due to unviable pricing. ELEQ now offers competitively priced machines that match Chinese products in performance while maintaining its quality standards. Management targets 12-14 percent annual growth in India over the medium term, driven by 9-10 percent base growth and 3-4 percent incremental contribution from the upcoming full-scale launch of ‘Stabilisor’ and low-cost products by 3QFY26.\u003C\u002Fp>\r\n\u003Cp>\u003Cstrong>Overseas Recovery Underway, But Tariff Clouds Loom \u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp>Overseas compressor revenue grew 6 percent in FY25, rebounding from a 4 percent decline in FY24, on broad-based demand revival.  \u003C\u002Fp>\r\n\u003Cp>●\u003Cstrong>US Compressor Profits Recover; Tariff Risks on Radar: \u003C\u002Fstrong>The US business is recovering, led by industrial and medical segments; distribution has stabilized post-ERP transition. The portable compressor market, after three years of growth, declined 30-40 percent over the last two years and would remain subdued in FY26. Excluding one-time write-offs, the US business turned profitable in FY25. ELEQ aims to restore past profit levels by focusing on revenue-generating roles and cutting overheads via offshoring and shared services. Tariffs initially stood at 26 percent but have been temporarily reduced to 10 percent. If the US imposes a reciprocal tariff of 16.5 percent, ELEQ can maintain current pricing and profitability through cost-reduction initiatives. With 85-90 percent of motors to be produced in-house by FY26, ELEQ is well-positioned to absorb tariff impacts. However, a return to 26 percent tariffs would require additional measures. \u003C\u002Fp>\r\n\u003Cp>●\u003Cstrong>Europe Hits Breakeven: \u003C\u002Fstrong>In Europe, strong demand in 4Q helped ELEQ attain breakeven (excluding one-off tax consulting charges). Management is monitoring the impact of US tariffs on the EU economy and will hold off on further investment until there is more clarity. If needed, it will adjust costs and business scale to align with the new reality.\u003C\u002Fp>\r\n\u003Cp>\u003Cstrong>Multiple Margin Drivers Beyond Overseas Gains \u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp>Equirus Securities models an 18 percent EBITDA CAGR over FY25-28E, led by (a) operating leverage and cost savings from in-house manufacturing in India, (b) improving US\u002FEurope profitability post-FY25 breakeven, and (c) a rising share of high-margin aftermarket revenue (27-28 percent in India, 13-14 percent in RoW) from an expanding installed base.\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.equirus.com, www.elgi.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2025\u002FbKV56LPPTkF4iGtfrn8d.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FJune2025\u002FbKV56LPPTkF4iGtfrn8d.jpg","2025-06-02T13:54:53+05:30",0,"Elgi Equipments Q4 revenue rose 15 percent YoY, beating consensus estimates despite challenging global macroeconomic conditions.\nThe company is targeting a 30 percent market share in the low-kW segment with competitive, high-quality product offerings.\nEquirus Securities projects an 18 percent EBITDA CAGR through 2028, driven by cost-saving measures and rising aftermarket revenue.","Elgi Equipments is showing impressive resilience, with Q4 revenues climbing 15% YoY and outperforming market expectations. While the company faces potential headwinds from global tariff uncertainties, strategic moves—including in-house motor production and a aggressive expansion into the low-kW compressor segment—position them for sustained growth. Equirus Securities has maintained a LONG rating, citing a strong 18% EBITDA CAGR outlook through 2028. As the industrial sector navigates shifting global trade policies, Elgi’s focus on operating leverage and operational efficiency remains a key indicator of their long-term trajectory. How is your organization adjusting its supply chain to mitigate trade tariff volatility? Read the full analysis on our latest market brief. #ElgiEquipments #IndustrialManufacturing #MarketOutlook","Elgi Equipments beats Q4 estimates with 15% YoY revenue growth. Equirus Securities maintains a LONG rating as the firm targets long-term margin expansion. #ElgiEquipments #ManufacturingTrends","Big wins for Elgi Equipments! 📈 The industrial giant just reported a 15% jump in Q4 revenue, blowing past consensus estimates. Despite global economic shifts, the company is doubling down on growth, targeting a 30% share in the low-kW compressor market and ramping up in-house manufacturing. 🛠️ Experts at Equirus Securities are staying bullish with a LONG rating, projecting an 18% EBITDA growth through 2028. It's a masterclass in operational efficiency and smart scaling! Are you following the latest in the manufacturing sector? ⚙️ #ElgiEquipments #IndustrialGrowth #ManufacturingLife #MarketUpdate #BusinessNews #Q4Results #EngineeringExcellence",{"title":145,"description":147,"keywords":158},"elgi equipments, india manufacturing, compressor industry, equirus securities, q4 earnings, industrial equipment, b2b news, market analysis, manufacturing growth",{"title":160,"slug":161,"imageUrl":162},"Cummins India Reports Strong FY25 Results, Surpasses INR 10,000 Cr in Annual Revenue","cummins-india-reports-strong-fy25-results-surpasses-inr-10000-cr-in-annual-revenue","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2025\u002FYPjQ3SGXdhQqZlscCKEH.jpg",{"title":164,"slug":165,"imageUrl":166},"Taural India’s Bharat Gite Honored for Global Impact at Maharashtra-Europe Business Forum","taural-indias-bharat-gite-honored-for-global-impact-at-maharashtra-europe-business-forum","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2025\u002FEChdYliC6C5Undiuhhwd.png",{"data":168,"links":173,"meta":177},[169],{"title":170,"youtubeUrl":171,"createdAt":172},"Bharat Fritz Werner Ltd. 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