Ingersoll Rand (India) share price
NSE: INGERRANDBSE: 500210Industrial ProductsSmall Cap
Ingersoll Rand (India) Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 1977 on BSE, Apr 1999 on NSE
Last close ₹3,935.90up ₹64.40 (1.66%)BSE ₹3,937.95
Share price at the NSE close on 29 Oct 2026. Previous close ₹3,871.50.
29 Oct: open ₹3,886.70, high ₹4,025.00, low ₹3,840.00
52-week range of traded prices to 29 Oct 2026
₹3,063.30Low, 21 Jan 2026₹4,955.00High, 2 Sep 2026
- Next results date: the board meets on 6 Nov 2026 to consider: financial results and dividend. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹12,425 Cr498th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 46.45
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 20.18
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.91%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 43.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 54.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 10,42153.1% delivered
About Ingersoll Rand (India)
Ingersoll-Rand (India) Limited makes and sells industrial air compressors, spare parts and components, and installs, commissions and maintains them for its customers.12 Its products are sold mainly to the automotive, metals, pharmaceutical and textile industries.3 It makes them at its factory in Naroda, Ahmedabad, and has a new plant at Sanand, Ahmedabad; its registered office is in Bengaluru.4
Its main brands are Ingersoll Rand, CompAir, Gardner Denver and Champion.2 The range covers reciprocating, centrifugal and rotary screw air compressors, inert gas compressors, dryers and blowers.5 Air Solutions is its only reporting segment.6 It had 540 permanent employees on 31 Mar 2026.7
It was incorporated on 1 December 1921.8 Ingersoll-Rand Industrial U.S Inc., its holding company (the company that controls it), holds 74.00% of the shares, and Ingersoll-Rand Inc., the ultimate holding company at the top of the group, holds 1.00%.910 It has no subsidiary, associate or joint venture.9
Ingersoll Rand (India) key points
Results
- Revenue from operations was ₹139,237 lakh in the year to Mar 2026, against ₹133,629 lakh a year earlier, a growth of over 4.2%.11
- Profit before tax was ₹34,339 lakh in the year to Mar 2026, against ₹36,034 lakh a year earlier; profit for the year, after tax, was ₹25,602.82 lakh, against ₹26,752.24 lakh.1213
- Profit before tax was lower mainly because of a one-off ₹1,180 lakh cost for employees' past service, recognised in the year to Mar 2026 after the government notified the new Labour Codes on 21 Nov 2025.12
- Net cash inflow from operating activities (cash the business generated from its operations) was ₹27,365.81 lakh in the year to Mar 2026, against ₹26,507.25 lakh a year earlier. The company said in its annual report that it is debt-free.1415
Where revenue comes from
- Exports went to 8 countries in the year to Mar 2026; in India, the company sells in 28 states and 8 Union Territories.1617
- In air treatment, the company supplied CE marked (declared by the maker to meet European Union requirements) heat of compression dryers, which use the heat of compressed air to dry it, to European markets.18
Plants and capacity
- The company stated in its annual report for the year to Mar 2026 that production at the new Sanand plant had begun at low volume and that it expects volumes there to grow in the year to Mar 2027.19
- Payments to buy or build property, plant and equipment and right-of-use assets (leased assets it has the right to use), including capital work in progress and capital advances, were ₹7,864.86 lakh in the year to Mar 2026, against ₹4,894.89 lakh a year earlier.20
- The company said that, among proposals being implemented, its Naroda plant is setting up a ground-mounted captive (owned for its own use) solar plant, which reduces around 85% of the site's greenhouse gas emissions.21
Customers and partners
- The company depends substantially on Industrial Technologies and Services LLC (ITS LLC), a US company with the same ultimate parent, Ingersoll Rand Inc, for its export sales and so for its revenue.2223
- In the year to Mar 2026, its transactions with ITS LLC came to ₹85.35 crore and with Ingersoll Rand Industrial US Inc. to ₹90.07 crore; after a group restructuring, the company proposes to move the latter to ITS LLC in the year to Mar 2027.23
- The company stated in its annual report for the year to Mar 2026 that it sought shareholders' approval for transactions with ITS LLC of up to ₹225 crore in the year to Mar 2027; its documents give no outcome of the vote.2425
- The company said that in its proposed transactions with ITS LLC for the year to Mar 2027 it earns a minimum mark-up (an amount added to cost) of 10% on manufacturing cost for exports and 15% on information technology services, rendered mainly from Bengaluru.262728
Research and development
- Research and development spending was ₹536.42 lakh in the year to Mar 2026, or 0.39% of turnover: ₹514.66 lakh recurring and ₹21.76 lakh capital.29
- In the year to Mar 2026, the company launched the Champion brand for cost conscious customers in the 7 to 160 kilowatt (kW, a measure of motor power) range, and variable speed motor packages in the 15 to 75 kW segment.30
- It introduced low pressure oil free (delivering air with no oil in it) rotary screw compressors of 75 to 200 kW for industries such as pharmaceuticals, glass and power, and offers larger centrifugal compressor models (frames) exceeding 10,000 cubic feet per minute (cfm) of air.31
What the company expects
- The company stated in its annual report for the year to Mar 2026 that it is committed to reducing greenhouse gas emissions by 90% by the end of 2030; the report gives no base year.32
- The company said its innovation roadmap focuses on oil free low pressure solutions for the power and infrastructure sectors.33
Recent events
- The new manufacturing plant at Sanand, Gujarat was inaugurated on 13 Oct 2025.19
Last updated
All 33 sources, each with its page
- 1. Annual report, 20 Jul 2026, page 21
- 2. Annual report, 20 Jul 2026, page 33
- 3. Annual report, 20 Jul 2026, page 38
- 4. Annual report, 20 Jul 2026, page 3
- 5. Annual report, 20 Jul 2026, page 115
- 6. Annual report, 20 Jul 2026, page 34
- 7. Annual report, 20 Jul 2026, page 37
- 8. Annual report, 20 Jul 2026, page 95
- 9. Annual report, 20 Jul 2026, page 40
- 10. Annual report, 20 Jul 2026, page 98
- 11. Annual report, 20 Jul 2026, page 34
- 12. Annual report, 20 Jul 2026, page 34
- 13. Annual report, 20 Jul 2026, page 159
- 14. Annual report, 20 Jul 2026, page 38
- 15. Annual report, 20 Jul 2026, page 159
- 16. Annual report, 20 Jul 2026, page 96
- 17. Annual report, 20 Jul 2026, page 96
- 18. Annual report, 20 Jul 2026, page 37
- 19. Annual report, 20 Jul 2026, page 33
- 20. Annual report, 20 Jul 2026, page 159
- 21. Annual report, 20 Jul 2026, page 50
- 22. Annual report, 20 Jul 2026, page 26
- 23. Annual report, 20 Jul 2026, page 22
- 24. Annual report, 20 Jul 2026, page 6
- 25. Annual report, 20 Jul 2026, page 21
- 26. Annual report, 20 Jul 2026, page 24
- 27. Annual report, 20 Jul 2026, page 25
- 28. Annual report, 20 Jul 2026, page 26
- 29. Annual report, 20 Jul 2026, page 53
- 30. Annual report, 20 Jul 2026, page 37
- 31. Annual report, 20 Jul 2026, page 37
- 32. Annual report, 20 Jul 2026, page 37
- 33. Annual report, 20 Jul 2026, page 33
Results
Standalone; ₹ crore.Ingersoll Rand (India) quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +8.3%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +1.1%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹379 Crup 26.64%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹70 Crup 8.72%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 18.6%
Revenue by quarter
Peak revenue ₹455 Cr, quarter to Dec 2025; lowest ₹300 Cr, quarter to Mar 2026
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 322 | 385 | 322 | 315 | 322 | 455 | 300 | 379 |
| Net profit | 60 | 78 | 68 | 59 | 60 | 72 | 65 | 70 |
| Net margin | 18.7% | 20.2% | 21.0% | 18.7% | 18.7% | 15.8% | 21.6% | 18.6% |
Standalone. The last eight quarters. The latest is shaded.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,392 Crup 4.20%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹256 Crdown 4.30%
- Net margin
- 18.4%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 677what Revenue, Mar 2017, includes. This period's revenue includes excise duty of ₹44 crore, a tax on the goods the company makes that it collects and pays to the government. | 625what Revenue, Mar 2018, includes. This period's revenue includes excise duty of ₹10 crore, a tax on the goods the company makes that it collects and pays to the government. | 739 | 706 | 618 | 910 | 1,151 | 1,214 | 1,336 | 1,392 |
| Net profit | 77 | 89 | 81 | 85 | 72 | 110 | 183 | 222 | 268 | 256 |
| Net margin | 11.4% | 14.2% | 11.0% | 12.0% | 11.7% | 12.1% | 15.9% | 18.3% | 20.0% | 18.4% |
Standalone. Years to March. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, Air Solutions, which carries all its revenue.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.Ingersoll Rand (India) PE ratio and valuation
Price to earnings
At or below today's level on 70% of 2,479 trading days over the last 10 years.
LowestHighest
Its median39.96Industry median35.12
Price to book
At or below today's level on 83% of 1,978 trading days since Nov 2018.
LowestHighest
Its median11.57Industry median4.68
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 59% of 2,479 trading days over the last 10 years.
LowestHighest
Its median1.71%Industry median0.48%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −0.3% | −4.3% | +1.9% | 2.1% |
| 3 years | +12.1% | +11.9% | −1.7% | 2.1% |
| 5 years | +40.5% | +28.8% | +7.6% | 1.9% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual fund holdings
29 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.All 29 funds holding Ingersoll Rand (India)
- AddedAdded. Funds that held more shares than at the end of the month before.
- 3
- CutCut. Funds that held fewer shares than at the end of the month before.
- 5
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 21
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 2
| Fund | |||
|---|---|---|---|
 SBI Large & Midcap FundSBI Mutual Fund | 6,16,702 | 0.63% | ₹255.6 Cr |
 Invesco India Small Cap FundInvesco Mutual Fund | 3,18,347 | 0.82% | ₹131.9 Cr |
 ICICI Prudential Infrastructure FundICICI Prudential Mutual Fund | 2,81,000 | 1.42% | ₹116.4 Cr |
| SBI Contra FundSBI Mutual Fund | 2,29,555 | 0.21% | ₹95.1 Cr |
| ICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund | 2,11,195 | 0.10% | ₹87.5 Cr |
| ICICI Prudential Small Cap FundICICI Prudential Mutual Fund | 1,19,660 | 0.51% | ₹49.6 Cr |
 Bajaj Finserv Small Cap FundBajaj Finserv Mutual Fund | 1,17,997 | 1.77% | ₹48.9 Cr |
 Edelweiss Small Cap FundEdelweiss Mutual Fund | 1,09,510 | 0.65% | ₹45.4 Cr |
| Invesco India Infrastructure FundInvesco Mutual Fund | 1,01,736 | 2.83% | ₹42.2 Cr |
 ITI Small Cap FundITI Mutual Fund | 69,969 | 0.79% | ₹29.0 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Ingersoll Rand (India) competitors and peers
Compressors Pumps & Diesel Engines, 16 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Ingersoll Rand (India) in market cap.Capital goods stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Cummins IndiaCUMMINSIND | 1,25,161 | 52.87 | 14.77 | +15.3% | +10.6% | 29.5% | 28.1% | 1.46% |
 Kirloskar Oil EnginesKIRLOSENG | 27,508 | 50.99 | 7.60 | +22.7% | +14.4% | 16.1% | 13.6% | 0.37% |
 Elgi EquipmentsELGIEQUIP | 16,202 | 36.17 | 7.26 | +15.9% | +23.4% | 21.9% | 19.8% | 0.53% |
 Kirloskar BrothersKIRLOSBROS | 12,900 | 34.30 | 5.02 | +10.8% | – | 15.7% | 16.3% | 0.43% |
 KsbKSB | 11,524 | 46.94 | 6.79 | +4.6% | −4.4% | 15.2% | 16.9% | 0.66% |
 Kirloskar Pneumatic CompanyKIRLPNU | 7,232 | 27.88 | 5.61 | +9.1% | +38.8% | 21.4% | 24.6% | 1.08% |
 Shakti Pumps (India)SHAKTIPUMP | 4,547 | 28.39 | 2.54 | +15.8% | −60.1% | 9.4% | 9.5% | 0.27% |
 Greaves CottonGREAVESCOT | 4,352 | 55.34 | 3.19 | +28.4% | −24.4% | 5.7% | 6.0% | 1.07% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Ingersoll Rand (India) dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹208.00 a share, year to Mar 2018.
| Ex-date | Type | Per share |
|---|---|---|
| 13 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹20.00 |
| 25 Nov 2025 | Interim | ₹55.00 |
| 8 Jul 2025 | Final | ₹25.00 |
| 27 Nov 2024 | Interim | ₹55.00 |
| 9 Jul 2024 | Final | ₹20.00 |
| 22 Nov 2023 | Interim | ₹50.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Ingersoll Rand (India) announcements
Oct 2026
28 Oct · Meeting
13 Oct · Corrigendum
Sep 2026
25 Sep · Meeting
Aug 2026
Ingersoll Rand (India) share price by year
Each calendar year to 2025.Ingersoll Rand (India) share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 3,497.00 | −16.2% | 4,248.50 | 3,145.45 |
| 2024 | 4,174.35 | +34.0% | 4,923.80 | 3,030.90 |
| 2023 | 3,114.25 | +62.1% | 3,310.40 | 1,854.75 |
| 2022 | 1,920.90 | +64.0% | 2,372.15 | 1,237.15 |
| 2021 | 1,171.35 | +79.7% | 1,324.90 | 638.80 |
| 2020 | 651.75 | −0.3% | 690.50 | 557.80 |
| 2019 | 653.50 | +8.1% | 685.55 | 511.20 |
| 2018 | 604.75 | −24.9% | 897.85 | 474.00 |
| 2017 | 805.70 | +17.6% | 921.50 | 651.00 |
| 2016 | 685.00 | −11.1% | 807.70 | 604.70 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 3,926.60 | 3,932.00 | 3,850.00 | 3,871.50 | 3,877.46 | 4,577 | 39.0% |
| 27 Oct 2026 | 3,753.70 | 3,999.00 | 3,753.00 | 3,942.10 | 3,895.44 | 16,659 | 63.2% |
| 26 Oct 2026 | 3,766.90 | 3,792.10 | 3,720.00 | 3,753.70 | 3,758.76 | 7,127 | 48.4% |
| 23 Oct 2026 | 3,819.60 | 3,819.60 | 3,644.20 | 3,778.80 | 3,715.03 | 17,039 | 52.9% |
| 22 Oct 2026 | 3,966.90 | 3,967.00 | 3,800.00 | 3,819.60 | 3,859.70 | 13,352 | 58.5% |
| 21 Oct 2026 | 4,115.30 | 4,118.90 | 3,920.00 | 3,966.90 | 3,994.35 | 11,579 | 47.3% |
| 19 Oct 2026 | 4,053.50 | 4,150.00 | 3,985.00 | 4,115.30 | 4,041.63 | 10,527 | 44.1% |
| 16 Oct 2026 | 4,098.00 | 4,098.00 | 4,040.40 | 4,053.60 | 4,065.61 | 3,551 | 44.3% |
| 15 Oct 2026 | 4,121.00 | 4,144.70 | 4,033.40 | 4,098.00 | 4,079.38 | 7,036 | 42.5% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Open offer, delisting offer and offer for sale history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 24 May 2018 | Price move | – | A corporate action went ex within three days of this move (Special Dividend- Rs 202 Per Share, ex-date 24 May 2018), and its terms do not account for the move. Not adjusted for. |
Each event is noted and not adjusted for.
Company details
- NSE symbol
- INGERRAND
- BSE code
- 500210
- ISIN
- INE177A01018
- Industry
- Industrial Products
- Website
- www.ingersollrand.co.in
- CIN
- L05190KA1921PLC036321
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1921
- Registered office
- 1st Floor, Subramanya Arcade, No. 12/1, Bannerghatta Road, Bengaluru 560029, Karnataka
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments