Ingersoll-Rand
Stock Snapshot
Price Performance
Vista Outlook
View Technicals Analysis →Basis of our Recommendation
Ingersoll-Rand India (INGR) is positioned for growth, driven by robust demand across various industrial sectors and the strategic commissioning of its new Sanand facility. Management's focus on expanding capacity to 15,000 units and innovating in oil-free and hydrogen compressor technologies is expected to enhance market penetration and revenue growth. Despite facing minor gross margin headwinds, the company's operating leverage remains a significant profitability driver. Vista's financial outlook anticipates accelerating revenue growth beyond historical levels, supported by stable margins and a conservatively financed balance sheet. The industrial equipment sector is experiencing a favorable environment, with a projected CAGR of 5.71%, driven by advancements in industrial gas supply and energy security initiatives. However, geopolitical uncertainties and inflationary pressures could pose challenges. Over the next 12-24 months, key opportunities include scaling production capabilities and expanding export markets, while watchpoints include potential margin pressures and the impact of external economic factors on decision-making cycles
Why We Like This Stock
- Robust demand across diverse industrial sectors supports revenue growth
- Strategic commissioning of the Sanand facility enhances production capacity and market penetration
- Stable margins and a conservatively financed balance sheet provide a solid foundation for profitability
Things To Watch Out For
- Geopolitical uncertainties and inflationary pressures may impact growth and margins
- Recent revenue declines and contracting margins indicate potential volatility
- Elongated decision-making cycles could hinder timely capital allocation and growth initiatives
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 1,198 | 1,336 | 1,392 | 1,507 | 1,680 |
| Profit Before Tax (Cr.) | 298 | 360 | 355 | 384 | 430 |
| PBT Margin | 24.9% | 27.0% | 2550.3% | 25.4% | 25.6% |
| Net Profit (Cr.) | 222 | 269 | 258 | 278 | 312 |
| Earnings Per Share | 70.3 | 85.2 | 81.7 | 88.2 | 99.0 |
Analyst Recommendations
| Broker | Recommendation | Target Price | Date |
|---|---|---|---|
| Prabhudas Liladhar | ► Accumulate | 5,029 | 14-Aug-2026 |
Company Overview
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Ingersoll-Rand (India) Limited manufactures and sells industrial air compressors and related services in India. The company offers heatless desiccant dryer; heat of compression dryers; high pressure air compressors; small and large reciprocating air-cooled and water-cooled; contact cooled rotary screw and oil free rotary screw; engine driven and centrifugal compressors; and cycling and non-cycling refrigerated dryers. It sells its products under the Nash, CompAir, Ingersoll Rand, Gardner Denver, ARO, Thomas, MILTON ROY, EMCO WHEATON, Elmo Rietschle, ROBUSCHI, Runtech Systems, EVEREST, and ILC DOVER brands. The company serves aerospace; chemical; plastics and rubber; consumer, electronics and semiconductor; engineered solution; hydrogen; environmental; food and beverages; general manufacturing; government and military; industrial gases; marine; mining and construction; oil and gas; PET bottle blowing; pharma, life sciences, and laboratories; power generation; professional; pulp, paper, and printing; transportation and logistics; water and waste water treatment; and engineering project solutions industries. It also exports its products to the American, Asian, and European countries. Ingersoll-Rand (India) Limited is a subsidiary of Ingersoll-Rand Inc. Ingersoll-Rand (India) Limited was incorporated in 1921 and is based in Bengaluru, India.