Ingersoll-Rand (India) Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2017 • AS: 100.0%
AI Sector View
AI GENERATEDCapital Goods
Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.
PROS
- Company has delivered good profit growth of 28.8% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 56.3%
- Company has a good return on equity (ROE) track record: 3 Years ROE 41.9%
- Company has delivered good sales growth of 17.6% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.00x)
CONS
- Stock is trading at 18.1x its book value
- Growth is decelerating - 3Y profit CAGR (11.9%) trails the 5Y trend (28.8%)
- Expensive relative to growth - PEG of 4.6
- Rich enterprise valuation - EV/EBITDA of 29.3x
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ELGIEQUIP | 618.90 | 43.79 | 19613.50 | 0.44 | 103.30 | 20.68 | 1062.20 | 22.56 | 24.39 | 14.79 |
| INGERRAND | 4676.80 | 55.19 | 14763.72 | 1.60 | 70.46 | 19.46 | 379.46 | 20.34 | 56.31 | 23.78 |
| KIRLOSBROS | 1849.00 | 39.32 | 14682.71 | 0.38 | 67.60 | 0.15 | 1104.90 | 12.86 | 19.79 | 10.56 |
| KSB | 807.10 | 57.22 | 14046.71 | 0.55 | 57.20 | -18.75 | 690.70 | 3.60 | 22.98 | 12.42 |
| KIRLPNU | 724.35 | 35.80 | 9411.22 | 0.83 | 332.00 | 31.23 | 3031.00 | 7.60 | 28.95 | 15.04 |
| DYNAMATECH | 11637.15 | 186.27 | 7903.30 | 0.09 | 20.79 | 93.04 | 424.81 | 14.53 | 8.88 | 12.97 |
| SHAKTIPUMP | 468.20 | 27.21 | 5777.49 | 0.21 | 51.59 | -46.72 | 858.67 | 37.94 | 23.76 | 9.65 |
| WPIL | 428.20 | 24.66 | 4182.26 | 0.47 | 59.01 | 129.24 | 500.54 | 32.21 | 17.32 | 17.29 |
| OSWALPUMPS | 282.40 | 9.60 | 3219.50 | 0.00 | 54.14 | -42.82 | 473.56 | -7.86 | 78.75 | 15.74 |
| YUKEN | 1072.20 | 93.15 | 1456.48 | 0.14 | 5.21 | 28.60 | 134.33 | 28.48 | 7.59 | 11.01 |
| ROTO | 65.48 | 44.54 | 1233.94 | 0.29 | 92.46 | 1368.32 | 755.96 | 1047.48 | 20.48 | 20.08 |
| LATTEYS | 21.52 | 34.80 | 123.73 | 0.00 | 1.39 | 182.11 | 38.91 | 59.21 | 12.97 | 6.14 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 305 | 276 | 329 | 299 | 314 | 318 | 382 | 322 | 315 | 322 | 455 | 300 | 379 | |
| 233 | 211 | 254 | 225 | 235 | 243 | 279 | 239 | 241 | 246 | 341 | 231 | 294 | |
| Operating Profit | 71 | 66 | 75 | 74 | 79 | 75 | 102 | 83 | 74 | 76 | 114 | 69 | 85 |
| OPM % | 23.45% | 23.76% | 22.72% | 24.62% | 25.20% | 23.71% | 26.84% | 25.89% | 23.54% | 23.56% | 25.08% | 23.04% | 22.44% |
| 6 | 6 | 4 | 16 | 9 | 10 | 8 | 12 | 10 | 9 | -15 | 23 | 10 | |
| Interest | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 4 | 5 | 5 | 4 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 |
| Profit before Tax | 72 | 67 | 74 | 84 | 83 | 81 | 106 | 90 | 80 | 81 | 95 | 88 | 95 |
| Tax % | 25.72% | 25.75% | 25.87% | 24.38% | 25.73% | 25.45% | 26.70% | 24.96% | 25.87% | 25.36% | 24.40% | 26.26% | 25.82% |
| Net Profit | 54 | 50 | 55 | 64 | 62 | 60 | 78 | 68 | 59 | 60 | 72 | 65 | 70 |
| 17.02 | 15.75 | 17.45 | 20.23 | 19.60 | 19.12 | 24.60 | 21.43 | 18.68 | 19.12 | 22.77 | 20.53 | 22.32 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 620 | 615 | 739 | 706 | 618 | 910 | 1,151 | 1,198 | 1,336 | 1,392 | 1,457 | |
| 564 | 546 | 636 | 610 | 507 | 759 | 905 | 924 | 997 | 1,059 | 1,112 | |
| Operating Profit | 56 | 69 | 103 | 96 | 111 | 151 | 246 | 274 | 339 | 333 | 344 |
| OPM % | 9.04% | 11.25% | 14.00% | 13.60% | 17.92% | 16.57% | 21.34% | 22.87% | 25.40% | 23.94% | 23.64% |
| 71 | 73 | 36 | 39 | 13 | 14 | 19 | 44 | 39 | 27 | 27 | |
| Interest | 1 | -2 | 0 | 3 | 2 | 3 | 2 | 2 | 1 | 2 | 1 |
| Depreciation | 12 | 13 | 11 | 18 | 14 | 14 | 16 | 18 | 17 | 15 | 16 |
| Profit before Tax | 114 | 132 | 127 | 114 | 108 | 148 | 246 | 298 | 360 | 343 | 359 |
| Tax % | 32.45% | 32.48% | 36.50% | 25.82% | 32.87% | 25.76% | 25.85% | 25.38% | 25.76% | 25.44% | 25.45% |
| Net Profit | 77 | 89 | 81 | 85 | 72 | 110 | 183 | 222 | 268 | 256 | 268 |
| EPS | 24.48 | 28.16 | 25.64 | 26.80 | 22.92 | 34.89 | 57.86 | 70.45 | 84.74 | 81.10 | — |
| Dividend Payout % | 24.51% | 738.70% | 23.40% | 104.48% | 13.09% | 57.32% | 86.42% | 99.37% | 94.40% | 92.47% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 8%
- 5 Years:
- 18%
- 3 Years:
- 7%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 16%
- 5 Years:
- 29%
- 3 Years:
- 12%
STOCK PRICE CAGR
- 10 Years:
- 20%
- 5 Years:
- 36%
- 3 Years:
- 13%
- 1 Year:
- 18%
RETURN ON EQUITY
- 10 Years:
- 25%
- 5 Years:
- 36%
- 3 Years:
- 42%
- Last Year:
- 42%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 32 | 32 | 32 | 32 | 32 | 32 | 32 | 32 | 32 | 32 |
| 1,029 | 1,095 | 386 | 346 | 414 | 519 | 544 | 547 | 575 | 578 | |
| 0 | 1 | 1 | 4 | 7 | 7 | 5 | 12 | 15 | 12 | |
| Trade Payables | 94 | 104 | 128 | 114 | 142 | 200 | 194 | 157 | 216 | 250 |
| 50 | 53 | 51 | 57 | 75 | 77 | 83 | 99 | 91 | 117 | |
| Total Liabilities | 1,204 | 1,284 | 598 | 552 | 671 | 835 | 858 | 846 | 929 | 990 |
| 126 | 121 | 117 | 117 | 112 | 111 | 110 | 140 | 137 | 218 | |
| Capital Work in Progress | 2 | 1 | 2 | 1 | 4 | 6 | 4 | 6 | 50 | 30 |
| 87 | 78 | 90 | 79 | 95 | 161 | 162 | 175 | 173 | 215 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 244 | 301 | 299 | |
| Cash & Bank | 673 | 771 | 117 | 161 | 231 | 294 | 275 | 223 | 212 | 160 |
| 316 | 313 | 271 | 194 | 229 | 264 | 306 | 59 | 56 | 68 | |
| Total Assets | 1,204 | 1,284 | 598 | 552 | 671 | 835 | 858 | 846 | 929 | 990 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 152 | 119 | 78 | 142 | 105 | 115 | 210 | 207 | 265 | 274 | |
| Cash from Investing | 141 | 93 | 100 | 59 | -1 | -5 | -5 | -34 | -38 | -69 |
| Cash from Financing | -23 | -23 | -791 | -125 | -4 | -13 | -162 | -225 | -240 | -255 |
| 239 | 148 | -655 | 43 | 71 | 63 | -18 | -53 | -12 | -51 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-08-15 - AGM proceedings report, Report of Scrutinizer in Form No. MGT-13 together with Scrutinizer s Report on e-voting and Scrutinizer s Report on remote e-voting and e-voting at the Annual General Meeting also attached.
2026-08-14 - Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - 104th AGM
2026-08-14 - Ingersoll Rand (India) Limited has informed the Exchange about General Updates - Chairman Speech - 104th AGM
2026-08-14 - Ingersoll Rand (India) Limited has informed the Exchange regarding Outcome of Board Meeting held on August 14, 2026.
2026-08-13 - Ingersoll Rand (India) Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-07 - Ingersoll Rand (India) Limited has informed the Exchange about Copy of Newspaper Publication on the Board meeting publication
2026-07-30 - Ingersoll Rand (India) Limited has informed the Exchange about Copy of Newspaper Publication - E-voting of 104th AGM
2026-07-29 - Structured Digital Database Compliance Certificate - June 2026
2026-07-21 - Ingersoll Rand (India) Limited has informed the Exchange about Retirement of Mr. Sekhar Natarajan Effective July 26 2026
News
Recent coverage and analyst commentary for INGERRAND
Loading news…
AI Stock Analyst
Ingersoll-Rand (India) Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account

