Ingersoll-Rand (India) Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: July 31, 2025, 1:20 pm

Market Cap	12,282 Cr.
Current Price	3,891
High / Low	4,700/3,055
Stock P/E	45.8
Book Value	193
Dividend Yield	2.04 %
ROCE	60.0 %
ROE	45.0 %
Face Value	10.0
PEG Ratio	1.53

Quick Insight

Ingersoll-Rand (India) Ltd, currently priced at ₹3,971, exhibits robust financial health with a market capitalization of ₹12,537 crore and an impressive return on equity (ROE) of 45%. The company's price-to-earnings (P/E) ratio of 46.8 suggests that investors are willing to pay a premium for its earnings, which are supported by a net profit of ₹268 crore and a remarkable operating profit margin (OPM) of 26%. With a debt-to-equity ratio favorably low at ₹11 crore in borrowings and an interest coverage ratio (ICR) of 153.65 times, Ingersoll-Rand demonstrates sound financial management. The high promoter holding of 75% further instills confidence in the company’s strategic direction. However, the elevated price-to-book value (P/BV) ratio of 19.92x indicates potential overvaluation. Investors should weigh these factors carefully, as the company's strong fundamentals

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Ingersoll-Rand (India) Ltd

Competitors of Ingersoll-Rand (India) Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Ingersoll-Rand (India) Ltd	12,282 Cr.	3,891	4,700/3,055	45.8	193	2.04 %	60.0 %	45.0 %	10.0
Elgi Equipments Ltd	18,167 Cr.	573	753/390	52.2	58.9	0.39 %	21.9 %	20.1 %	1.00
Industry Average	15,224.50 Cr	2,232.00		49.00	125.95	1.22%	40.95%	32.55%	5.50

All Competitor Stocks of Ingersoll-Rand (India) Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	222	273	254	319	304	305	276	329	299	318	322	382	322
Expenses	182	229	208	254	214	233	211	254	225	235	243	279	239
Operating Profit	40	44	46	65	90	71	66	75	74	83	79	102	83
OPM %	18%	16%	18%	21%	30%	23%	24%	23%	25%	26%	25%	27%	26%
Other Income	4	4	7	5	4	6	6	4	16	5	6	8	12
Interest	1	1	1	1	0	0	1	0	1	0	0	0	1
Depreciation	4	4	4	4	4	4	5	5	4	5	4	4	4
Profit before tax	39	43	48	65	90	72	67	74	84	83	81	106	90
Tax %	25%	26%	26%	26%	26%	26%	26%	26%	24%	26%	25%	27%	25%
Net Profit	29	32	35	48	67	54	50	55	64	62	60	78	68
EPS in Rs	9.26	10.17	11.23	15.19	21.26	17.02	15.75	17.45	20.23	19.60	19.12	24.60	21.43

Last Updated: May 31, 2025, 8:51 am

Below is a detailed analysis of the quarterly data for Ingersoll-Rand (India) Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 322.00 Cr.. The value appears to be declining and may need further review. It has decreased from 382.00 Cr. (Dec 2024) to 322.00 Cr., marking a decrease of 60.00 Cr..
For Expenses, as of Mar 2025, the value is 239.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 279.00 Cr. (Dec 2024) to 239.00 Cr., marking a decrease of 40.00 Cr..
For Operating Profit, as of Mar 2025, the value is 83.00 Cr.. The value appears to be declining and may need further review. It has decreased from 102.00 Cr. (Dec 2024) to 83.00 Cr., marking a decrease of 19.00 Cr..
For OPM %, as of Mar 2025, the value is 26.00%. The value appears to be declining and may need further review. It has decreased from 27.00% (Dec 2024) to 26.00%, marking a decrease of 1.00%.
For Other Income, as of Mar 2025, the value is 12.00 Cr.. The value appears strong and on an upward trend. It has increased from 8.00 Cr. (Dec 2024) to 12.00 Cr., marking an increase of 4.00 Cr..
For Interest, as of Mar 2025, the value is 1.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.00 Cr. (Dec 2024) to 1.00 Cr., marking an increase of 1.00 Cr..
For Depreciation, as of Mar 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 4.00 Cr..
For Profit before tax, as of Mar 2025, the value is 90.00 Cr.. The value appears to be declining and may need further review. It has decreased from 106.00 Cr. (Dec 2024) to 90.00 Cr., marking a decrease of 16.00 Cr..
For Tax %, as of Mar 2025, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 27.00% (Dec 2024) to 25.00%, marking a decrease of 2.00%.
For Net Profit, as of Mar 2025, the value is 68.00 Cr.. The value appears to be declining and may need further review. It has decreased from 78.00 Cr. (Dec 2024) to 68.00 Cr., marking a decrease of 10.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 21.43. The value appears to be declining and may need further review. It has decreased from 24.60 (Dec 2024) to 21.43, marking a decrease of 3.17.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: July 22, 2025, 3:37 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	525	656	621	620	615	739	706	618	910	1,151	1,198	1,336
Expenses	479	632	577	564	544	634	607	507	758	905	923	996
Operating Profit	46	23	44	56	71	106	99	111	152	246	275	341
OPM %	9%	4%	7%	9%	12%	14%	14%	18%	17%	21%	23%	26%
Other Income	62	90	47	71	74	34	36	13	13	19	43	38
Interest	1	2	0	1	0	0	3	2	3	2	2	1
Depreciation	8	12	10	12	13	11	18	14	14	16	18	17
Profit before tax	98	100	81	114	132	127	114	108	148	246	298	360
Tax %	32%	34%	25%	32%	32%	36%	26%	33%	26%	26%	25%	26%
Net Profit	67	66	61	77	89	81	85	72	110	183	222	268
EPS in Rs	21.21	20.95	19.27	24.48	28.16	25.64	26.80	22.92	34.89	57.86	70.45	84.74
Dividend Payout %	28%	29%	31%	25%	739%	23%	104%	13%	57%	86%	99%	94%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-1.49%	-7.58%	26.23%	15.58%	-8.99%	4.94%	-15.29%	52.78%	66.36%	21.31%	20.72%
Change in YoY Net Profit Growth (%)	0.00%	-6.08%	33.81%	-10.65%	-24.57%	13.93%	-20.23%	68.07%	13.59%	-45.05%	-0.59%

Ingersoll-Rand (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	14%
3 Years:	14%
TTM:	12%

Compounded Profit Growth
10 Years:	17%
5 Years:	26%
3 Years:	34%
TTM:	20%

Stock Price CAGR
10 Years:	15%
5 Years:	45%
3 Years:	32%
1 Year:	-12%

Return on Equity
10 Years:	18%
5 Years:	32%
3 Years:	39%
Last Year:	45%

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 11:56 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	32	32	32	32	32	32	32	32	32	32	32	32
Reserves	883	926	976	1,030	1,097	387	350	419	520	546	549	578
Borrowings	0	0	0	0	0	0	8	10	8	5	6	11
Other Liabilities	179	174	153	151	160	181	163	212	276	276	266	312
Total Liabilities	1,093	1,131	1,161	1,212	1,289	599	552	672	836	859	852	932
Fixed Assets	109	109	78	126	121	117	117	112	111	110	140	137
CWIP	8	46	35	2	1	2	1	4	6	4	6	50
Investments	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	977	976	1,048	1,084	1,167	480	434	556	719	745	706	745
Total Assets	1,093	1,131	1,161	1,212	1,289	599	552	672	836	859	852	932

Below is a detailed analysis of the balance sheet data for Ingersoll-Rand (India) Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 32.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 32.00 Cr..
For Reserves, as of Mar 2025, the value is 578.00 Cr.. The value appears strong and on an upward trend. It has increased from 549.00 Cr. (Mar 2024) to 578.00 Cr., marking an increase of 29.00 Cr..
For Borrowings, as of Mar 2025, the value is 11.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 6.00 Cr. (Mar 2024) to 11.00 Cr., marking an increase of 5.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 312.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 266.00 Cr. (Mar 2024) to 312.00 Cr., marking an increase of 46.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 932.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 852.00 Cr. (Mar 2024) to 932.00 Cr., marking an increase of 80.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 137.00 Cr.. The value appears to be declining and may need further review. It has decreased from 140.00 Cr. (Mar 2024) to 137.00 Cr., marking a decrease of 3.00 Cr..
For CWIP, as of Mar 2025, the value is 50.00 Cr.. The value appears strong and on an upward trend. It has increased from 6.00 Cr. (Mar 2024) to 50.00 Cr., marking an increase of 44.00 Cr..
For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Assets, as of Mar 2025, the value is 745.00 Cr.. The value appears strong and on an upward trend. It has increased from 706.00 Cr. (Mar 2024) to 745.00 Cr., marking an increase of 39.00 Cr..
For Total Assets, as of Mar 2025, the value is 932.00 Cr.. The value appears strong and on an upward trend. It has increased from 852.00 Cr. (Mar 2024) to 932.00 Cr., marking an increase of 80.00 Cr..

Notably, the Reserves (578.00 Cr.) exceed the Borrowings (11.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	-64	29	67	121	77	37	109	76	81	148	207	265
Cash from Investing Activity +	31	-4	113	141	93	100	59	-1	-5	-5	-34	-38
Cash from Financing Activity +	-23	-24	-23	-23	-23	-791	-125	-4	-13	-162	-225	-240
Net Cash Flow	-56	1	156	239	148	-655	43	71	63	-19	-53	-12

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	46.00	23.00	44.00	56.00	71.00	106.00	91.00	101.00	144.00	241.00	269.00	330.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	87	121	99	80	58	65	83	74	108	88	85	75
Inventory Days	91	131	94	87	85	82	78	73	95	105	87	94
Days Payable	103	132	106	96	91	109	111	105	143	131	104	84
Cash Conversion Cycle	76	120	87	71	51	38	50	41	60	62	68	84
Working Capital Days	78	149	114	148	50	37	75	45	56	51	55	56
ROCE %	14%	11%	9%	9%	11%	12%	17%	28%	26%	30%	44%	51%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%
FIIs	0.40%	0.45%	0.57%	0.91%	1.06%	1.24%	1.31%	1.44%	1.59%	1.62%	1.53%	2.31%
DIIs	5.50%	5.72%	5.93%	5.92%	5.80%	5.42%	5.38%	5.18%	5.36%	5.54%	6.15%	6.67%
Public	19.10%	18.83%	18.50%	18.19%	18.14%	18.34%	18.31%	18.39%	18.03%	17.83%	17.31%	16.02%
No. of Shareholders	32,745	31,033	33,752	33,627	33,856	35,527	35,988	35,684	34,700	34,935	35,486	36,648

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
SBI Large & Midcap Fund	908,982	1.63	255.24	908,982	2025-04-22 17:25:31	0%
SBI Contra Fund	229,555	0.39	64.46	229,555	2025-04-22 17:25:31	0%
Invesco India Smallcap Fund	92,747	0.91	26.04	92,747	2025-04-22 17:25:31	0%
ITI Small Cap Fund	74,652	1.27	20.96	74,652	2025-04-22 17:25:31	0%
ICICI Prudential Infrastructure Fund	53,889	0.45	15.13	53,889	2025-04-22 17:25:31	0%
Tata Infrastructure Fund - Regular Plan	53,000	1.13	14.88	53,000	2025-04-22 17:25:31	0%
Mahindra Manulife Multi Cap Fund	46,677	0.59	13.11	46,677	2025-04-22 17:25:31	0%
Mahindra Manulife Flexi Cap Fund	25,200	0.69	7.08	25,200	2025-04-22 17:25:31	0%
Invesco India Flexi Cap Fund	18,761	0.47	5.27	18,761	2025-04-22 17:25:31	0%
Bank of India Flexi Cap Fund	14,500	0.95	4.07	14,500	2025-04-22 17:25:31	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	70.45	57.86	34.89	22.92	26.80
Diluted EPS (Rs.)	70.45	57.86	34.89	22.92	26.80
Cash EPS (Rs.)	76.06	63.03	39.36	27.44	32.58
Book Value[Excl.RevalReserv]/Share (Rs.)	183.82	183.11	174.82	142.76	120.73
Book Value[Incl.RevalReserv]/Share (Rs.)	183.82	183.11	174.82	142.76	120.73
Dividend / Share (Rs.)	70.00	50.00	20.00	3.00	28.00
Revenue From Operations / Share (Rs.)	384.47	364.54	288.24	195.68	223.52
PBDIT / Share (Rs.)	100.69	83.96	52.27	39.20	42.73
PBIT / Share (Rs.)	95.07	78.78	47.80	34.68	36.95
PBT / Share (Rs.)	94.41	78.02	46.99	34.14	36.13
Net Profit / Share (Rs.)	70.45	57.85	34.89	22.92	26.80
PBDIT Margin (%)	26.18	23.03	18.13	20.03	19.11
PBIT Margin (%)	24.72	21.61	16.58	17.72	16.53
PBT Margin (%)	24.55	21.40	16.30	17.44	16.16
Net Profit Margin (%)	18.32	15.87	12.10	11.71	11.98
Return on Networth / Equity (%)	38.32	31.59	19.95	16.05	22.19
Return on Capital Employeed (%)	50.66	42.66	26.98	23.53	29.86
Return On Assets (%)	26.09	21.25	12.83	10.76	15.32
Long Term Debt / Equity (X)	0.00	0.00	0.00	0.01	0.01
Total Debt / Equity (X)	0.00	0.00	0.01	0.02	0.02
Asset Turnover Ratio (%)	1.42	1.34	1.19	1.01	1.23
Current Ratio (X)	2.57	2.61	2.40	2.56	2.50
Quick Ratio (X)	1.89	2.03	1.86	2.10	2.02
Inventory Turnover Ratio (X)	3.99	4.13	4.50	4.06	4.55
Dividend Payout Ratio (NP) (%)	99.36	86.42	8.59	0.00	104.47
Dividend Payout Ratio (CP) (%)	92.02	79.32	7.62	0.00	85.93
Earning Retention Ratio (%)	0.64	13.58	91.41	0.00	-4.47
Cash Earning Retention Ratio (%)	7.98	20.68	92.38	0.00	14.07
Interest Coverage Ratio (X)	153.65	110.12	64.63	73.14	51.88
Interest Coverage Ratio (Post Tax) (X)	108.51	76.88	44.14	43.77	33.54
Enterprise Value (Cr.)	11334.60	7969.39	4753.02	1935.23	1796.73
EV / Net Operating Revenue (X)	9.34	6.93	5.22	3.13	2.55
EV / EBITDA (X)	35.66	30.07	28.80	15.64	13.32
MarketCap / Net Operating Revenue (X)	9.52	7.16	5.54	3.49	2.76
Retention Ratios (%)	0.63	13.57	91.40	0.00	-4.47
Price / BV (X)	19.92	14.26	9.14	4.79	5.11
Price / Net Operating Revenue (X)	9.52	7.16	5.54	3.49	2.76
EarningsYield	0.01	0.02	0.02	0.03	0.04

After reviewing the key financial ratios for Ingersoll-Rand (India) Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 70.45. This value is within the healthy range. It has increased from 57.86 (Mar 23) to 70.45, marking an increase of 12.59.
For Diluted EPS (Rs.), as of Mar 24, the value is 70.45. This value is within the healthy range. It has increased from 57.86 (Mar 23) to 70.45, marking an increase of 12.59.
For Cash EPS (Rs.), as of Mar 24, the value is 76.06. This value is within the healthy range. It has increased from 63.03 (Mar 23) to 76.06, marking an increase of 13.03.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 183.82. It has increased from 183.11 (Mar 23) to 183.82, marking an increase of 0.71.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 183.82. It has increased from 183.11 (Mar 23) to 183.82, marking an increase of 0.71.
For Dividend / Share (Rs.), as of Mar 24, the value is 70.00. This value exceeds the healthy maximum of 3. It has increased from 50.00 (Mar 23) to 70.00, marking an increase of 20.00.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 384.47. It has increased from 364.54 (Mar 23) to 384.47, marking an increase of 19.93.
For PBDIT / Share (Rs.), as of Mar 24, the value is 100.69. This value is within the healthy range. It has increased from 83.96 (Mar 23) to 100.69, marking an increase of 16.73.
For PBIT / Share (Rs.), as of Mar 24, the value is 95.07. This value is within the healthy range. It has increased from 78.78 (Mar 23) to 95.07, marking an increase of 16.29.
For PBT / Share (Rs.), as of Mar 24, the value is 94.41. This value is within the healthy range. It has increased from 78.02 (Mar 23) to 94.41, marking an increase of 16.39.
For Net Profit / Share (Rs.), as of Mar 24, the value is 70.45. This value is within the healthy range. It has increased from 57.85 (Mar 23) to 70.45, marking an increase of 12.60.
For PBDIT Margin (%), as of Mar 24, the value is 26.18. This value is within the healthy range. It has increased from 23.03 (Mar 23) to 26.18, marking an increase of 3.15.
For PBIT Margin (%), as of Mar 24, the value is 24.72. This value exceeds the healthy maximum of 20. It has increased from 21.61 (Mar 23) to 24.72, marking an increase of 3.11.
For PBT Margin (%), as of Mar 24, the value is 24.55. This value is within the healthy range. It has increased from 21.40 (Mar 23) to 24.55, marking an increase of 3.15.
For Net Profit Margin (%), as of Mar 24, the value is 18.32. This value exceeds the healthy maximum of 10. It has increased from 15.87 (Mar 23) to 18.32, marking an increase of 2.45.
For Return on Networth / Equity (%), as of Mar 24, the value is 38.32. This value is within the healthy range. It has increased from 31.59 (Mar 23) to 38.32, marking an increase of 6.73.
For Return on Capital Employeed (%), as of Mar 24, the value is 50.66. This value is within the healthy range. It has increased from 42.66 (Mar 23) to 50.66, marking an increase of 8.00.
For Return On Assets (%), as of Mar 24, the value is 26.09. This value is within the healthy range. It has increased from 21.25 (Mar 23) to 26.09, marking an increase of 4.84.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.42. It has increased from 1.34 (Mar 23) to 1.42, marking an increase of 0.08.
For Current Ratio (X), as of Mar 24, the value is 2.57. This value is within the healthy range. It has decreased from 2.61 (Mar 23) to 2.57, marking a decrease of 0.04.
For Quick Ratio (X), as of Mar 24, the value is 1.89. This value is within the healthy range. It has decreased from 2.03 (Mar 23) to 1.89, marking a decrease of 0.14.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.99. This value is below the healthy minimum of 4. It has decreased from 4.13 (Mar 23) to 3.99, marking a decrease of 0.14.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 99.36. This value exceeds the healthy maximum of 50. It has increased from 86.42 (Mar 23) to 99.36, marking an increase of 12.94.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 92.02. This value exceeds the healthy maximum of 50. It has increased from 79.32 (Mar 23) to 92.02, marking an increase of 12.70.
For Earning Retention Ratio (%), as of Mar 24, the value is 0.64. This value is below the healthy minimum of 40. It has decreased from 13.58 (Mar 23) to 0.64, marking a decrease of 12.94.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 7.98. This value is below the healthy minimum of 40. It has decreased from 20.68 (Mar 23) to 7.98, marking a decrease of 12.70.
For Interest Coverage Ratio (X), as of Mar 24, the value is 153.65. This value is within the healthy range. It has increased from 110.12 (Mar 23) to 153.65, marking an increase of 43.53.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 108.51. This value is within the healthy range. It has increased from 76.88 (Mar 23) to 108.51, marking an increase of 31.63.
For Enterprise Value (Cr.), as of Mar 24, the value is 11,334.60. It has increased from 7,969.39 (Mar 23) to 11,334.60, marking an increase of 3,365.21.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 9.34. This value exceeds the healthy maximum of 3. It has increased from 6.93 (Mar 23) to 9.34, marking an increase of 2.41.
For EV / EBITDA (X), as of Mar 24, the value is 35.66. This value exceeds the healthy maximum of 15. It has increased from 30.07 (Mar 23) to 35.66, marking an increase of 5.59.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 9.52. This value exceeds the healthy maximum of 3. It has increased from 7.16 (Mar 23) to 9.52, marking an increase of 2.36.
For Retention Ratios (%), as of Mar 24, the value is 0.63. This value is below the healthy minimum of 30. It has decreased from 13.57 (Mar 23) to 0.63, marking a decrease of 12.94.
For Price / BV (X), as of Mar 24, the value is 19.92. This value exceeds the healthy maximum of 3. It has increased from 14.26 (Mar 23) to 19.92, marking an increase of 5.66.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 9.52. This value exceeds the healthy maximum of 3. It has increased from 7.16 (Mar 23) to 9.52, marking an increase of 2.36.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.02 (Mar 23) to 0.01, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Ingersoll-Rand (India) Ltd as of July 31, 2025 is: 3,247.10

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of July 31, 2025, Ingersoll-Rand (India) Ltd is Overvalued by 16.55% compared to the current share price 3,891.00

Intrinsic Value of Ingersoll-Rand (India) Ltd as of July 31, 2025 is: 4,217.65

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of July 31, 2025, Ingersoll-Rand (India) Ltd is Undervalued by 8.40% compared to the current share price 3,891.00

Last 5 Year EPS CAGR: 29.89%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 21.83%, which is a positive sign. The company has higher reserves (688.42 cr) compared to borrowings (4.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (501.08 cr) and profit (160.50 cr) over the years.	The stock has a high average Working Capital Days of 76.17, which may not be favorable. The stock has a high average Cash Conversion Cycle of 67.33, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Ingersoll-Rand (India) Ltd:
1. Net Profit Margin: 18.32%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 50.66% (Industry Average ROCE: 40.95%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 38.32% (Industry Average ROE: 32.55%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 108.51
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.89
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 45.8 (Industry average Stock P/E: 49)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Ingersoll-Rand (India) Ltd. is a Public Limited Listed company incorporated on 01/12/1921 and has its registered office in the State of Karnataka, India. Company's Corporate Identification Number(CIN) is L05190KA1921PLC036321 and registration number is 036321. Currently Company is involved in the business activities of Manufacture of other pumps, compressors, taps and valves etc.. Company's Total Operating Revenue is Rs. 1336.29 Cr. and Equity Capital is Rs. 31.57 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Compressors	First Floor, Subramanya Arcade, Bengaluru Karnataka 560029	p_r_shubhakar@irco.com https://www.irco.com/en-in/invest

Management
Name	Position Held
Mr. Sekhar Natarajan	Chairman
Mr. Sunil Khanduja	Managing Director
Ms. Jayantika Dave	Director
Ms. Vijaya Sampath	Director
Mr. Gareth Topping	Director

FAQ

What is the intrinsic value of Ingersoll-Rand (India) Ltd?

Ingersoll-Rand (India) Ltd's intrinsic value (as of 31 July 2025) is 3247.10 16.55% lower the current market price of 3,891.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 12,282 Cr. market cap, FY2025-2026 high/low of 4,700/3,055, reserves of 578 Cr, and liabilities of 932 Cr.

What is the Market Cap of Ingersoll-Rand (India) Ltd?

The Market Cap of Ingersoll-Rand (India) Ltd is 12,282 Cr..

What is the current Stock Price of Ingersoll-Rand (India) Ltd as on 31 July 2025?

The current stock price of Ingersoll-Rand (India) Ltd as on 31 July 2025 is 3,891.

What is the High / Low of Ingersoll-Rand (India) Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Ingersoll-Rand (India) Ltd stocks is ₹4,700/3,055.

What is the Stock P/E of Ingersoll-Rand (India) Ltd?

The Stock P/E of Ingersoll-Rand (India) Ltd is 45.8.

What is the Book Value of Ingersoll-Rand (India) Ltd?

The Book Value of Ingersoll-Rand (India) Ltd is 193.

What is the Dividend Yield of Ingersoll-Rand (India) Ltd?

The Dividend Yield of Ingersoll-Rand (India) Ltd is 2.04 %.

What is the ROCE of Ingersoll-Rand (India) Ltd?

The ROCE of Ingersoll-Rand (India) Ltd is 60.0 %.

What is the ROE of Ingersoll-Rand (India) Ltd?

The ROE of Ingersoll-Rand (India) Ltd is 45.0 %.

What is the Face Value of Ingersoll-Rand (India) Ltd?

The Face Value of Ingersoll-Rand (India) Ltd is 10.0.