Ingersoll-Rand (India) Limited (INGERRAND) AI Stock Analysis

• Market Cap: ₹104.08B
• Dividend Yield: 2.34%
• Average Volume (3M): 3.01K
• Price to Earnings (P/E): 39.3
• Beta (1Y): 0.87
• Revenue Growth: 5.68%
• EPS Growth: 9.74%
• Country: IN
• Employees: 539
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 19.10
• Shares Outstanding: 31,568,000
• 10 Day Avg. Volume: 449
• 30 Day Avg. Volume: 3,006
• PEG Ratio: 2.06
• Price to Book (P/B): 18.33
• Price to Sales (P/S): 8.36
• P/FCF Ratio: 48.94
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹4,189.00 ▲(23.26% Upside)

Ingersoll-Rand (India) Limited's strong financial performance is the primary driver of its stock score, supported by consistent revenue and profit growth, efficient cost management, and robust cash flow. However, technical indicators suggest short-term bearish sentiment, and the high P/E ratio indicates potential overvaluation. The dividend yield offers some compensation for investors.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion and stability.

Balance Sheet Strength

A low debt-to-equity ratio suggests financial stability and lower risk, providing flexibility for future investments and growth opportunities.

Cash Flow Performance

Strong cash flow conversion supports operational efficiency and the ability to fund growth initiatives without relying heavily on external financing.

Negative Factors

Slowing Asset Growth

Slowing asset growth may limit the company's ability to expand operations or enhance capacity, potentially impacting long-term competitiveness.

Negative Investing Cash Flows

While investing in growth, negative cash flows from investments can strain liquidity and require careful management to avoid financial stress.

Decline in EBITDA Margin

A decline in EBITDA margin may indicate rising costs or inefficiencies, which could pressure profitability if not addressed over time.

Ingersoll-Rand (India) Limited Business Overview & Revenue Model

Company Description

Ingersoll-Rand (India) Limited manufactures and sells industrial air compressors in India. The company offers reciprocating air-cooled and water-cooled, contact cooled and oil free rotary screw, centrifugal, and engine driven compressors; heatless desiccant, heat of compression, high pressure air, and hydrogen compressors; and cycling and non cycling refrigerated dryers, and desiccant dryers. Ingersoll-Rand (India) Limited sells its products under the Ingersoll Rand, Nash, Thomas, CompAir, and ARO brand names, as well as other brands. The company serves automotive, metal, pharmaceutical, and textile sectors, as well as other various industrial sectors. It also exports its products to the American, Asian, and European countries. The company was incorporated in 1921 and is based in Bengaluru, India. Ingersoll-Rand (India) Limited is a subsidiary of Ingersoll-Rand Industrial US Inc.

How the Company Makes Money

Ingersoll-Rand (India) Limited generates revenue through multiple key streams, primarily from the sale of compressed air systems, power tools, and related accessories. The company benefits from a robust distribution network and direct sales channels, allowing it to cater to a diverse clientele across various industries. Additionally, INGERRAND offers maintenance and repair services for its products, providing a recurring revenue model through service contracts and support agreements. Strategic partnerships with construction and manufacturing companies further enhance its market presence and contribute to its earnings. The company's emphasis on innovation and energy efficiency also positions it well to capitalize on the growing demand for sustainable industrial solutions.

Ingersoll-Rand (India) Limited Financial Statement Overview

Summary

Ingersoll-Rand (India) Limited demonstrates strong financial health with consistent revenue and profit growth, efficient cost management, and robust cash flow generation. The low debt-to-equity ratio and high return on equity further highlight its solid financial position. However, slowing asset growth and negative cash flows from investing activities due to capital expenditures are minor concerns.

Income Statement

Ingersoll-Rand (India) Limited has demonstrated a strong income statement performance with consistent revenue and profit growth over the years. The company improved its gross profit margin to 34.02% in 2025, indicating efficient cost management. The net profit margin increased to 20.02%, reflecting strong profitability. The EBIT margin also improved to 24.21%. However, there was a decline in the EBITDA margin to 28.36%, suggesting potential increases in non-operating expenses or lower efficiency in depreciation or amortization management.

Balance Sheet

The balance sheet is robust, with a low debt-to-equity ratio of 0.017 in 2025, indicating low financial leverage and reduced risk of financial distress. The equity ratio stands at 65.37%, highlighting a solid capital structure with significant equity financing. The return on equity improved to 43.90%, showcasing strong profitability relative to shareholder equity. However, the company's growth in total assets has slowed, which could be a concern if it limits expansion or operational capacity.

Cash Flow

Cash flow performance is excellent, with a substantial increase in free cash flow over the years, and a free cash flow to net income ratio of 0.85 in 2025, indicating effective cash conversion from profits. The operating cash flow to net income ratio is 1.04, showing strong cash generation relative to profit levels. However, the company's investing activities exhibit negative cash flow, primarily due to capital expenditures, suggesting a focus on growth and expansion.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	13.34B	13.36B	11.98B	11.51B	9.10B	6.18B
Gross Profit	5.45B	5.86B	5.03B	4.59B	3.38B	2.46B
EBITDA	3.67B	3.64B	2.96B	2.48B	1.54B	1.15B
Net Income	2.65B	2.68B	2.22B	1.83B	1.10B	723.53M
Balance Sheet
Total Assets	0.00	9.32B	8.52B	8.59B	8.58B	6.72B
Cash, Cash Equivalents and Short-Term Investments	2.09B	2.12B	2.20B	2.73B	2.92B	2.29B
Total Debt	0.00	105.40M	60.73M	46.20M	77.45M	95.42M
Total Liabilities	-6.09B	3.22B	2.72B	2.81B	3.06B	2.22B
Stockholders Equity	6.09B	6.09B	5.80B	5.78B	5.52B	4.51B
Cash Flow
Free Cash Flow	0.00	2.28B	1.58B	1.33B	686.55M	698.20M
Operating Cash Flow	0.00	2.77B	2.07B	1.48B	809.04M	765.03M
Investing Cash Flow	0.00	-375.17M	-343.48M	-46.50M	-53.39M	-13.33M
Financing Cash Flow	0.00	-2.39B	-2.25B	-1.62B	-130.47M	-44.51M

Ingersoll-Rand (India) Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3398.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INGERRAND, the sentiment is Negative. The current price of 3398.6 is below the 20-day moving average (MA) of 3433.55, below the 50-day MA of 3610.29, and below the 200-day MA of 3731.41, indicating a bearish trend. The MACD of -70.85 indicates Positive momentum. The RSI at 30.36 is Neutral, neither overbought nor oversold. The STOCH value of 14.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:INGERRAND.

Ingersoll-Rand (India) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ELGIEQUIP	66 Neutral	₹141.77B	36.30	―	0.47%	9.46%	18.97%
INGERRAND	66 Neutral	₹104.08B	39.33	―	2.34%	5.68%	9.74%
TARIL	65 Neutral	₹82.35B	30.58	―	0.07%	33.60%	100.44%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
KIRLPNU	60 Neutral	₹68.11B	36.42	―	0.97%	6.51%	-1.61%
CRAFTSMAN	59 Neutral	₹182.12B	75.84	―	0.07%	54.58%	-12.30%
LLOYDSENGG	58 Neutral	₹75.16B	52.52	―	0.43%	40.02%	26.77%

Ingersoll-Rand (India) Limited Corporate Events

Ingersoll Rand (India) Shuts Trading Window Ahead of December-Quarter Results

Ingersoll Rand (India) Limited has announced the closure of its trading window for designated persons and their immediate relatives from 1 January 2026 until 48 hours after the declaration of its financial results for the quarter ending 31 December 2025. The move, in line with SEBI’s Prohibition of Insider Trading Regulations and the company’s internal code of conduct, is a standard measure to prevent insider trading ahead of earnings disclosure, underscoring its adherence to governance norms while the board meeting date for approval of the quarterly results will be communicated later.