Is Ingersoll-Rand (India) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Ingersoll-Rand (India) Ltd is a good quality company .

Is Ingersoll-Rand (India) undervalued or overvalued?

The key valuation ratios of Ingersoll-Rand (India) Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Ingersoll-Rand (India) share price return in the past 10 years?

Ingersoll-Rand (India) Ltd share price has appreciated 17.3% annually (CAGR) over the past ten years.

Is Ingersoll-Rand (India) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Ingersoll-Rand (India) Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

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

The latest standalone P/E ratio of Ingersoll-Rand (India) as of 07-Nov-2024 is 57.98.

What is the P/B ratio of Ingersoll-Rand (India)?

The latest standalone P/B ratio of Ingersoll-Rand (India) as of 07-Nov-2024 is 20.89.

What is the 52-week high and low of Ingersoll-Rand (India)?

The 52-week high of Ingersoll-Rand (India) is Rs. 4998.35 and the 52-week low is Rs. 2829.65.

Ingersoll-Rand (India) Ltd - Stock Valuation and Financial Performance

Name: Ingersoll-Rand (India)
Brand: Ingersoll-Rand (India)

BSE: 500210 | NSE: INGERRAND | Compressors / Pumps | Small Cap

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Ingersoll Rand Share Price

₹4,285.95 47.30 1.12%
as on 07-Nov'24 00:00

10 Year X-Ray of Ingersoll Rand:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	10.6%	8.2%	11.1%	11.8%	16.5%	29.2%	26.3%	30.1%	44%	51.8%	-
Value Creation Index ⓘ	-0.3	-0.4	-0.2	-0.2	0.2	1.1	0.9	1.2	2.3	2.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	610	621	620	615	739	706	618	910	1,151	1,214	1,227
Sales YoY Gr.	-	1.8%	-0.1%	-0.9%	20.2%	-4.5%	-12.5%	47.3%	26.5%	5.5%	-
Adj EPS ⓘ	17.4	19.9	23.5	28.1	25.7	25.8	23	34.8	57.4	70.5	73
YoY Gr.	-	14.6%	18.3%	19.4%	-8.7%	0.7%	-11%	51.2%	65.2%	22.8%	-
BVPS (₹) ⓘ	303.2	319	335.8	356.8	132.3	119.6	141.3	174.5	182.4	183.1	202.7
Adj Net Profit ⓘ	54.8	62.8	74.3	88.7	81	81.6	72.6	110	181	223	231
Cash Flow from Ops. ⓘ	29.3	66.8	121	77.1	36.6	109	76.5	80.9	148	207	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	7.9%	10.4%	25.3%	5.5%
Adj EPS ⓘ	16.9%	22.4%	45.3%	22.8%
BVPSⓘ	-5.5%	6.7%	9%	0.4%
Share Price	17.3%	47.4%	55%	50.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	5.9	6.4	7.2	8.1	10.5	20.4	17.5	21.9	32.1	38.5	37.9
Op. Profit Mgn % ⓘ	6.6	6.5	9.3	11.3	14	13.6	18	16.6	21.4	23.9	24.6
Net Profit Mgn % ⓘ	9	10.1	12	14.4	11	11.6	11.8	12.1	15.8	18.4	18.8
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	552	393	254	232	186	164	176	150	142	142	107
Cash Conv. Cycle ⓘ	83	75	56	49	50	57	65	60	57	65	67

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 37.80%

Sales growth is growing at healthy rate in last 3 years 25.25%

Net Profit is growing at healthy rate in last 3 years 45.27%

Sales growth is not so good in last 4 quarters at 4.01%

Latest Financials - Ingersoll-Rand (India) Ltd.

	Standalone	Consolidated
TTM EPS (₹)	73	-
TTM Sales (₹ Cr.)	1,227	-
BVPS (₹.) ⓘ	202.7	-
Reserves (₹ Cr.) ⓘ	608	-
P/BV ⓘ	20.89	-
PE ⓘ	57.98	-

From the Market
52 Week Low / High (₹)	2829.65 / 4998.35
All Time Low / High (₹)	23.75 / 4998.35
Market Cap (₹ Cr.)	13,367
Equity (₹ Cr.)	31.6
Face Value (₹)	10
Industry PE ⓘ	51.5

Management X-Ray of Ingersoll Rand:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Ingersoll Rand

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Ingersoll Rand

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	610	621	620	615	739	706	618	910	1,151	1,214
Operating Expenses ⓘ	570	586	564	546	636	610	507	759	905	924
Manufacturing Costs	-21	19	20	22	23	21	22	53	61	67
Material Costs	436	396	375	348	422	394	364	558	680	682
Employee Cost	77	85	93	106	120	126	84	105	111	119
Other Costs ⓘ	76	85	76	69	71	68	36	43	54	56
Operating Profit ⓘ	40	35	56	69	103	96	111	151	246	290
Operating Profit Margin (%)	6.6%	5.7%	9.0%	11.2%	14.0%	13.6%	17.9%	16.6%	21.3%	23.9%
Other Income ⓘ	60	55	71	73	36	39	13	14	19	28
Interest ⓘ	2	0	1	-2	0	3	2	3	2	2
Depreciation ⓘ	12	10	12	13	11	18	14	14	16	18
Exceptional Items ⓘ	10	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	97	80	114	132	127	114	108	148	246	298
Tax ⓘ	33	20	37	43	47	29	35	38	64	76
Profit After Tax	63	59	77	89	81	85	72	110	183	222
PAT Margin (%)	10.4%	9.5%	12.5%	14.5%	11.0%	12.0%	11.7%	12.1%	15.9%	18.3%
Adjusted EPS (₹)	20.1	18.8	24.5	28.2	25.6	26.8	22.9	34.9	57.9	70.5
Dividend Payout Ratio (%)	30%	32%	25%	739%	23%	104%	13%	57%	86%	99%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	957	1,007	1,060	1,126	418	377	446	551	576	578
Share Capital ⓘ	32	32	32	32	32	32	32	32	32	32
Reserves ⓘ	926	975	1,029	1,095	386	346	414	519	544	547
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	127	105	94	104	128	114	142	200	194	157
Others Liabilities ⓘ	403	68	50	53	52	61	83	85	88	111
Total Liabilities ⓘ	1,487	1,179	1,204	1,284	598	552	671	835	858	846
Fixed Assets
Gross Block	166	87	147	154	162	167	169	178	190	229
Accumulated Depreciation	57	10	21	33	44	49	57	67	80	90
Net Fixed Assetsⓘ	109	78	126	121	117	117	112	111	110	140
CWIP ⓘ	46	35	2	1	2	1	4	6	4	6
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	112	95	87	78	90	79	95	161	162	175
Trade Receivables	178	136	98	110	168	142	182	219	268	249
Cash Equivalents ⓘ	418	476	673	771	117	161	231	294	275	223
Others Assetsⓘ	624	359	218	203	103	52	47	45	38	54
Total Assets ⓘ	1,487	1,179	1,204	1,284	598	552	671	835	858	846

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	29	67	121	77	37	109	77	81	148	207
PBT ⓘ	101	82	114	132	127	114	108	148	246	298
Adjustment ⓘ	-39	-29	-39	-44	-3	10	13	10	11	1
Changes in Working Capital ⓘ	5	46	77	31	-47	18	-15	-43	-47	-13
Tax Paid ⓘ	-37	-33	-31	-41	-41	-32	-29	-34	-62	-79
Cash Flow From Investing Activity ⓘ	-4	113	141	93	100	59	-1	-5	-5	-34
Capex	-60	-34	44	-9	-9	-2	-6	-12	-15	-49
Net Investments	0	98	43	50	0	0	0	0	0	0
Others ⓘ	55	49	54	53	109	61	5	7	10	14
Cash Flow From Financing Activityⓘ	-24	-23	-23	-23	-791	-125	-4	-13	-162	-225
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-2	0	0	0	0	-2	-1	-1	-1	-1
Dividend Paid ⓘ	-19	-19	-19	-19	-657	-98	0	-9	-158	-221
Others ⓘ	-4	-4	-4	-4	-135	-25	-4	-3	-3	-3
Net Cash Flow ⓘ	1	156	239	148	-655	43	71	63	-18	-53

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	6.78	6.04	7.48	8.13	10.48	21.28	17.57	21.99	32.42	38.55
ROCE (%)	10.57	8.15	11.13	11.83	16.54	29.17	26.32	30.1	44.02	51.82
Asset Turnover Ratio	0.43	0.5	0.56	0.5	0.79	1.23	1.01	1.21	1.36	1.42
PAT to CFO Conversion(x)	0.46	1.14	1.57	0.87	0.46	1.28	1.07	0.74	0.81	0.93
Working Capital Days
Receivable Days	97	86	64	61	69	80	96	81	77	78
Inventory Days	68	57	50	48	42	44	51	51	51	51
Payable Days	95	90	80	85	85	96	113	99	92	84

Ingersoll-Rand (India) Ltd Stock News

Ingersoll-Rand (India) Ltd FAQs

What is the share price of Ingersoll Rand?

Company share prices are keep on changing according to the market conditions. The closing price of Ingersoll Rand on 07-Nov-2024 00:00 is ₹4,286.

What is the market cap of Ingersoll Rand?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 07-Nov-2024 00:00 the market cap of Ingersoll Rand stood at ₹13,366.7.

What is the P/E ratio of Ingersoll Rand?

The latest P/E ratio of Ingersoll Rand as of 07-Nov-2024 00:00 is 57.98.

What is the P/B ratio of Ingersoll Rand?

The latest P/B ratio of Ingersoll Rand as of 07-Nov-2024 00:00 is 20.89.

What is the 52-week high and low of Ingersoll Rand?

The 52-week high of Ingersoll Rand is ₹4,998.4 and the 52-week low is ₹2,829.7.

What is the TTM revenue of Ingersoll Rand?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ingersoll Rand is ₹1,227 ( Cr.) .

About Ingersoll-Rand (India) Ltd

Ingersoll-Rand (India), incorporated in 1921 is engaged in the business of providing solutions for infrastructure development, industrial solutions and climate control markets. Today, the company has emerged as being amongst the largest exporters of engineered goods in India. The companyâ€™s manufacturing facility is located in Ahmedabad in Gujarat. This facility has received ISO-9001 and ISO-14001 certification for quality management.

This Bangalore-based company has a sales network spread across 18 locations in India. Currently, it is listed on the Bombay Stock Exchange and the National Stock Exchange.

Business

Ingersoll-Rand manufactures a wide range of air compressors of various capacities with complete air solutions that span the entire compressed air system. It supplies an extensive range of SSR and Nirvana rotary screw compressors, with both fluid cooled and oil-free models. Its product- Centac is an oil-free centrifugal compressor extensively used for continuous duty applications. The company also manufactures air dryers, filters, after-coolers, receivers, water separators, etc. it also operate an in-house research and development unit for developing and testing new units

The company has completed an expansion of pump production capacity at its manufacturing facility in Sahibabad, India. The expansion expands its current pump production capability to include ARO Pro & EXP Series air-operated diaphragm pumps.

Ingersoll-Rand has tied-up with the worldâ€™s second largest valuable company IBM to provide remote energy and asset management solutions in India to drive greater energy efficiencies for organisations who are engaged in infrastructure creation or maintenance for high growth sectors (Commercial, Hospitality, Health, Pharma & others).

Milestones

1921- Ingersoll Rand (India) was established in Calcutta as a trading company, thus becoming one of the first Indo-American ventures in India.
1965- The company set up India's first manufacturing plant for reciprocating compressors in Naroda, Gujarat. In the first year itself 800 compressors were manufactured
1977- The company went public.
1978- Ingersoll-Rand established its second manufacturing plant at Bangalore for production of construction, mining and water well drilling equipment.
1983- The company started rotary screw compressor assembly in its Naroda plant.
1989- The packaging of Centac compressor was started at the Naroda plant.
1993- The companyâ€™s Bangalore plant started production of soil and asphalt compactors.
1994- The companyâ€™s Ahmedabad plant started manufacturing of gas compressors.
1995- Ingersoll-Rand expanded capacity of it Ahmedabad plant in order to cater growing demand for castings.
1996- It acquired majority stake in Wadco Tools, Sahibabad -- a manufacturer of industrial tools.
1996- The company expanded the capacity of its Bangalore plant for in-house fabrication facility.
1997- It expanded its product portfolio by adding road building products like pneumatic tyre rollers to its Bangalore product line.
2000- The companyâ€™s head office was shifted to Bangalore.
2000- The companyâ€™s Naroda plant received ISO 9001 certification. it sold its process gas compressor division. The company set up a new high-pressure portable compressor for water-well drilling.
2001- The company launched its indigenously built hydraulic drifter drills.
2001- Ingersoll-Rand established RASTA, an institute to meet the training needs of the road-building community.
2002- The companyâ€™s Naroda Plant received ISO 14001 certification.
2002- The companyâ€™s PET packaging facility was shifted from Davidson facility in the USA to Ahmedabad plant. It shifted its rotary screw compressor facility from Bangalore to its Ahmedabad.
2003- The company built its first DM-H drill delivered to Northern Coal Fields, a subsidiary of Coal India.
2004- The company divested its drilling solution business to Atlas Copco.
2005- The company shifted its registered office to Bangalore.
2007- Ingersoll-Rand divested its bobcat, utility equipments and attachments to Doosan.
2007-The company divested its road machinery business to Volvo.
2008- It completed acquisition of Trane Inc., a global leader in indoor climate control systems, services and solutions in a transaction valued at approximately $10.1 billion
2012- The company has completed an expansion of pump production capacity at its manufacturing facility in Sahibabad, India. The expansion expands its current pump production capability to include ARO Pro & EXP Series air-operated diaphragm pumps.
2013 - Ingersoll Rand Launches Air Operated AROTM Dose Pumps in India