Raw material price inflation
Rising copper, aluminum, and steel prices could pressure margins if not passed through.
ELGIEQUIP / Q3-FY26 / risks
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Elgi Equipments · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
Material risks this quarter
medium
Chinese competition in domestic market
Chinese imports hold 25-30% volume share in India's low-end segment; new product launch may not fully offset.
Excess inventory in US
Six months of inventory is above normal; inventory normalization may take until Q2 FY27, delaying margin recovery.
Europe economic weakness
European market remains weak; cost restructuring may not fully compensate if demand deteriorates further.