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

• Market Cap: ₹120.04B
• Dividend Yield: 2.14%
• Average Volume (3M): 3.01K
• Price to Earnings (P/E): 45.4
• Beta (1Y): 0.82
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹4,189.00 ▲(12.22% 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 (INGERRAND) is a leading provider of industrial equipment and services in India, specializing in compressed air systems, power tools, and material handling solutions. The company operates in various sectors, including manufacturing, construction, and infrastructure, offering a comprehensive range of products designed to enhance efficiency and productivity in industrial applications. With a strong focus on innovation and sustainability, INGERRAND is committed to delivering high-quality solutions that meet the evolving needs of its customers.

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	5.81B	5.86B	5.03B	4.59B	3.38B	2.46B
EBITDA	3.57B	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: 3732.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• 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 3732.7 is below the 20-day moving average (MA) of 3765.11, below the 50-day MA of 3843.59, and above the 200-day MA of 3706.06, indicating a neutral trend. The MACD of -5.40 indicates Negative momentum. The RSI at 42.95 is Neutral, neither overbought nor oversold. The STOCH value of 16.29 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	₹152.72B	41.99	―	0.44%	9.46%	18.97%
INGERRAND	66 Neutral	₹120.04B	45.36	―	2.14%	5.68%	9.74%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
KIRLPNU	60 Neutral	₹70.53B	37.73	―	0.92%	6.51%	-1.61%
CRAFTSMAN	59 Neutral	₹162.91B	77.21	―	0.07%	54.58%	-12.30%
LLOYDSENGG	58 Neutral	₹88.42B	71.84	―	0.47%	40.02%	26.77%
TARIL	56 Neutral	₹125.78B	48.10	―	0.07%	33.60%	100.44%

Ingersoll-Rand (India) Limited Corporate Events

Ingersoll-Rand (India) Limited Set to Commence Operations at New Gujarat Facility

Ingersoll-Rand (India) Limited announced the commencement of trial production at its new manufacturing facility in Sanand, Gujarat, which is expected to be fully operational by October 2025. This development marks a significant milestone in the company’s growth strategy, despite previous delays due to monsoon rains and logistical challenges, and is anticipated to enhance the company’s manufacturing capacity for existing and new products.