Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 3:07 am
Author: Getaka|Social: XLinkedIn

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

Fair Value

₹3,137.77Overvalued by 13.63%vs CMP ₹3,633.00

P/E (41.4) × ROE (45.0%) × BV (₹206.00) × DY (2.20%)

₹1,371.15Overvalued by 62.26%vs CMP ₹3,633.00
MoS: -165% (Negative)Confidence: 66/100 (Moderate)Models: 1 Fair, 9 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹3,722.5821%Fair (+2.5%)
Graham NumberEarnings₹616.5015%Over (-83%)
Earnings PowerEarnings₹585.9310%Over (-83.9%)
DCFCash Flow₹1,908.3510%Over (-47.5%)
Net Asset ValueAssets₹205.907%Over (-94.3%)
EV/EBITDAEnterprise₹1,130.868%Over (-68.9%)
Dividend DiscountDividends₹165.008%Over (-95.5%)
Earnings YieldEarnings₹820.007%Over (-77.4%)
ROCE CapitalReturns₹409.948%Over (-88.7%)
Revenue MultipleRevenue₹634.805%Over (-82.5%)
Consensus (10 models)₹1,371.15100%Overvalued
Key Drivers: Wide model spread (₹165–₹3,723) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 18.6%

*Investments are subject to market risks

Investment Snapshot

74
Ingersoll-Rand (India) Ltd scores 74/100 (Strong)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health92/100 · Strong
ROCE 60.0% ExcellentROE 45.0% ExcellentD/E 0.02 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money65/100 · Strong
FII holding stable No changeDII holding up 1.08% MF buyingPromoter holding at 75.0% Stable
Earnings Quality75/100 · Strong
OPM expanding (19% → 25%) ImprovingWorking capital: 51 days (improving) Efficient
Quarterly Momentum50/100 · Moderate
Revenue (4Q): +7% YoY GrowingProfit (4Q): -2% YoY Declining
Industry Rank75/100 · Strong
P/E 41.4 vs industry 39.0 In-lineROCE 60.0% vs industry 41.0% Above peersROE 45.0% vs industry 32.6% Above peers3Y sales CAGR: 14% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:07 am

Market Cap 11,469 Cr.
Current Price 3,633
Intrinsic Value₹1,371.15
High / Low 4,478/3,063
Stock P/E41.4
Book Value 206
Dividend Yield2.20 %
ROCE60.0 %
ROE45.0 %
Face Value 10.0
PEG Ratio2.22

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

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

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Ingersoll-Rand (India) Ltd 11,469 Cr. 3,633 4,478/3,06341.4 2062.20 %60.0 %45.0 % 10.0
Elgi Equipments Ltd 15,183 Cr. 479 608/39036.6 63.40.46 %21.9 %20.1 % 1.00
Industry Average13,326.00 Cr2,056.0039.00134.701.33%40.95%32.55%5.50

All Competitor Stocks of Ingersoll-Rand (India) Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 319304305276329299318322382322315322455
Expenses 254214233211254225235243279239241246341
Operating Profit 6590716675748379102837476114
OPM % 21%30%23%24%23%25%26%25%27%26%24%24%25%
Other Income 546641656812109-15
Interest 1001010001000
Depreciation 4445545444444
Profit before tax 659072677484838110690808195
Tax % 26%26%26%26%26%24%26%25%27%25%26%25%24%
Net Profit 48675450556462607868596072
EPS in Rs 15.1921.2617.0215.7517.4520.2319.6019.1224.6021.4318.6819.1222.77

Last Updated: March 4, 2026, 9:00 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 1:46 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 5256566216206157397066189101,1511,1981,3361,415
Expenses 4796325775645446346075077589059239961,067
Operating Profit 462344567110699111152246275341348
OPM % 9%4%7%9%12%14%14%18%17%21%23%26%25%
Other Income 62904771743436131319433815
Interest 1201003232212
Depreciation 8121012131118141416181715
Profit before tax 9810081114132127114108148246298360346
Tax % 32%34%25%32%32%36%26%33%26%26%25%26%
Net Profit 6766617789818572110183222268259
EPS in Rs 21.2120.9519.2724.4828.1625.6426.8022.9234.8957.8670.4584.7482.00
Dividend Payout % 28%29%31%25%739%23%104%13%57%86%99%94%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
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:10%
Compounded Profit Growth
10 Years:17%
5 Years:26%
3 Years:34%
TTM:15%
Stock Price CAGR
10 Years:18%
5 Years:44%
3 Years:24%
1 Year:-9%
Return on Equity
10 Years:18%
5 Years:32%
3 Years:39%
Last Year:45%

Last Updated: September 5, 2025, 7:40 am

Balance Sheet

Last Updated: December 4, 2025, 1:26 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 32323232323232323232323232
Reserves 8839269761,0301,097387350419520546549578618
Borrowings 0000008108561110
Other Liabilities 179174153151160181163212276276266312324
Total Liabilities 1,0931,1311,1611,2121,289599552672836859852932984
Fixed Assets 10910978126121117117112111110140137131
CWIP 84635212146465085
Investments 0000000000000
Other Assets 9779761,0481,0841,167480434556719745706745768
Total Assets 1,0931,1311,1611,2121,289599552672836859852932984

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -64296712177371097681148207265
Cash from Investing Activity + 31-41131419310059-1-5-5-34-37
Cash from Financing Activity + -23-24-23-23-23-791-125-4-13-162-225-240
Net Cash Flow -561156239148-655437163-19-53-11
Free Cash Flow -85-30339468281077069133158216
CFO/OP -72%285%224%272%167%74%144%95%76%85%104%105%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow46.0023.0044.0056.0071.00106.0091.00101.00144.00241.00269.00330.00

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

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 12199805865837410888857482
Inventory Days 13194878582787395105879486
Days Payable 132106969110911110514313110484108
Cash Conversion Cycle 1208771513850416062688461
Working Capital Days 149114148503775435450545651
ROCE %11%9%9%11%12%17%28%26%30%44%51%60%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
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 1.06%1.24%1.31%1.44%1.59%1.62%1.53%2.31%1.88%1.45%1.31%1.16%
DIIs 5.80%5.42%5.38%5.18%5.36%5.54%6.15%6.67%7.12%8.09%8.19%8.20%
Public 18.14%18.34%18.31%18.39%18.03%17.83%17.31%16.02%16.02%15.46%15.49%15.64%
No. of Shareholders 33,85635,52735,98835,68434,70034,93535,48636,64834,78435,32635,44735,478

Shareholding Pattern Chart

No. of Shareholders

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

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Large & Midcap Fund 616,702 0.55 206.18908,9822025-12-08 05:05:02-32.15%
ICICI Prudential Infrastructure Fund 337,236 1.4 112.74331,8912026-02-23 01:39:001.61%
ICICI Prudential Multi Asset Fund 335,745 0.14 112.25265,0132026-02-23 01:39:0026.69%
ICICI Prudential Smallcap Fund 252,835 1.04 84.53N/AN/AN/A
SBI Contra Fund 229,555 0.16 76.74229,5552025-04-22 17:25:310%
ICICI Prudential Business Cycle Fund 211,645 0.45 70.76198,8042026-02-23 01:39:006.46%
Invesco India Smallcap Fund 95,565 0.35 31.9592,7472025-12-08 05:05:023.04%
ITI Small Cap Fund 76,022 0.95 25.4269,3232026-02-23 00:40:589.66%
ICICI Prudential Manufacturing Fund 71,566 0.38 23.93N/AN/AN/A
ICICI Prudential Energy Opportunities Fund 65,592 0.22 21.93N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 84.7470.4557.8634.8922.92
Diluted EPS (Rs.) 84.7470.4557.8634.8922.92
Cash EPS (Rs.) 90.1576.0663.0339.3627.44
Book Value[Excl.RevalReserv]/Share (Rs.) 193.02183.82183.11174.82142.76
Book Value[Incl.RevalReserv]/Share (Rs.) 193.02183.82183.11174.82142.76
Dividend / Share (Rs.) 80.0070.0050.0020.003.00
Revenue From Operations / Share (Rs.) 423.31384.47364.54288.24195.68
PBDIT / Share (Rs.) 119.99100.6983.9652.2739.20
PBIT / Share (Rs.) 114.5895.0778.7847.8034.68
PBT / Share (Rs.) 114.1594.4178.0246.9934.14
Net Profit / Share (Rs.) 84.7470.4557.8534.8922.92
PBDIT Margin (%) 28.3426.1823.0318.1320.03
PBIT Margin (%) 27.0624.7221.6116.5817.72
PBT Margin (%) 26.9624.5521.4016.3017.44
Net Profit Margin (%) 20.0118.3215.8712.1011.71
Return on Networth / Equity (%) 43.9038.3231.5919.9516.05
Return on Capital Employeed (%) 57.8850.6642.6626.9823.53
Return On Assets (%) 28.7026.0921.2512.8310.76
Long Term Debt / Equity (X) 0.000.000.000.000.01
Total Debt / Equity (X) 0.000.000.000.010.02
Asset Turnover Ratio (%) 1.501.421.341.191.01
Current Ratio (X) 2.302.572.612.402.56
Quick Ratio (X) 1.731.892.031.862.10
Inventory Turnover Ratio (X) 7.687.214.134.504.06
Dividend Payout Ratio (NP) (%) 88.5099.3686.428.590.00
Dividend Payout Ratio (CP) (%) 83.1992.0279.327.620.00
Earning Retention Ratio (%) 11.500.6413.5891.410.00
Cash Earning Retention Ratio (%) 16.817.9820.6892.380.00
Interest Coverage Ratio (X) 277.81153.65110.1264.6373.14
Interest Coverage Ratio (Post Tax) (X) 197.22108.5176.8844.1443.77
Enterprise Value (Cr.) 11077.6811334.607969.394753.021935.23
EV / Net Operating Revenue (X) 8.299.346.935.223.13
EV / EBITDA (X) 29.2535.6630.0728.8015.64
MarketCap / Net Operating Revenue (X) 8.459.527.165.543.49
Retention Ratios (%) 11.490.6313.5791.400.00
Price / BV (X) 18.5319.9214.269.144.79
Price / Net Operating Revenue (X) 8.459.527.165.543.49
EarningsYield 0.020.010.020.020.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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.
INDUSTRYADDRESSCONTACT
CompressorsFirst Floor, Subramanya Arcade, Bengaluru Karnataka 560029Contact not found
Management
NamePosition Held
Mr. Sekhar NatarajanChairman
Mr. Sunil KhandujaManaging Director
Ms. Jayantika DaveDirector
Ms. Vijaya SampathDirector
Mr. Gareth ToppingDirector

FAQ

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

As of 14 April 2026, Ingersoll-Rand (India) Ltd's intrinsic value is ₹1371.15, which is 62.26% lower than the current market price of ₹3,633.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (45.0 %), book value (₹206), dividend yield (2.20 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Ingersoll-Rand (India) Ltd?

Ingersoll-Rand (India) Ltd is trading at ₹3,633.00 as of 14 April 2026, with a FY2026-2027 high of ₹4,478 and low of ₹3,063. The stock is currently in the middle of its 52-week range. Market cap stands at ₹11,469 Cr..

How does Ingersoll-Rand (India) Ltd's P/E ratio compare to its industry?

Ingersoll-Rand (India) Ltd has a P/E ratio of 41.4, which is above the industry average of 39.00. The premium over industry average may reflect growth expectations or speculative interest.

Is Ingersoll-Rand (India) Ltd financially healthy?

Key indicators for Ingersoll-Rand (India) Ltd: ROCE of 60.0 % indicates efficient capital utilization; ROE of 45.0 % shows strong shareholder returns. Dividend yield is 2.20 %.

Is Ingersoll-Rand (India) Ltd profitable and how is the profit trend?

Ingersoll-Rand (India) Ltd reported a net profit of ₹268 Cr in Mar 2025 on revenue of ₹1,336 Cr. Compared to ₹110 Cr in Mar 2022, the net profit shows an improving trend.

Does Ingersoll-Rand (India) Ltd pay dividends?

Ingersoll-Rand (India) Ltd has a dividend yield of 2.20 % at the current price of ₹3,633.00. This is a relatively attractive yield for income-seeking investors.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Ingersoll-Rand (India) Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports