Ingersoll Rand India Limited — Cyborg Score 8/10

Strong
Industrial Machinery & Equipment / Air Solutions

Strategic Profile

The company primarily serves high-growth industries like automotive, metals, pharmaceuticals, and textiles, which have seen strong performance. To meet growing demand, the company is expanding its manufacturing capacity by 50 percent, aiming to produce 15,000 units per month. The company maintains exceptional financial strength with strong profitability metrics.

Cyborg Score Rationale

INGERRAND demonstrates robust fundamentals with good profit growth of 26.3% CAGR over last 5 years, is almost debt free with a ROCE of 60% and ROE of 45%. Recent Q3 FY26 results show revenue rose 19% YoY to ₹455.5 Cr with a 26% profit margin. However, high valuation multiples reflect market expectations.

Top Insights

  • Ingersoll-Rand (India) shares soared 500% over 5 years, with 45% annual TSR and EPS grew 31% annually
  • Market Cap ₹12,548 Cr with commanding position in India's air compressor market
  • Manufacturing capacity expansion by 50% targeting 15,000 units per month demonstrates confidence in demand growth
  • Company has been maintaining a healthy dividend payout of 93.4% while funding growth initiatives

Named Competitors

  • Air Compressors — Indian air compressor manufacturer
  • Industrial Equipment — Global compressed air solutions provider
  • Rotary Screw Compressors — Air compression equipment manufacturer

Recent Developments

  • (March 2026) Mr. P.R. Shubhakar reappointed as Whole-time Director for 2 more years effective March 7, 2026
  • (December 2025) Q3 FY26 revenue rose 19% YoY to ₹455.5 Cr with strong 26% profit margins
  • (December 2025) New Gujarat facility at Sanand launched with commercial production underway
  • (November 2025) Interim dividend of ₹55/share declared and paid on December 11, 2025

Open the full interactive Ingersoll Rand India Limited report

Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.

Open report →