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Ingersoll Rand

₹4340 28.6 | 0.7%

Market Cap ₹13700 Cr.

Stock P/E 60.7

P/B 20.3

Current Price ₹4340

Book Value ₹ 213.4

Face Value 10

52W High ₹4470.8

Dividend Yield 1.15%

52W Low ₹ 2438.8

Ingersoll Rand Research see more...

Overview Inc. Year: 1921Industry: Compressors / Pumps

Ingersoll-Rand (India) Ltd is an India-based organisation, that is mainly engaged in the business of producing and promoting industrial air compressors of various capacities and imparting related services. The Company sells air compressors often in India and additionally exports the products to American, Asian and European international locations. The Company’s brands consist of Robuschi, Runtech, GARO, DV Systems, Welch, LeRoi, Hydrovane, Reavell, Tricontinent, TODO, Oberdorfer, MAKO, Hoffman & Lamson, Tamrotor, Belliss & Morcom, Wittig, MP Pumps, Butech, Dosatron, GHH RAND, Hartell Pumps, Champion Airtech, Haskel, Hibon, Linc, LMI, Milton-Roy, Milton-Roy-mixing, Williams, ZEKS, YZ Systems, Gardner Denver Compressors, and different.

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Ingersoll Rand Share Price

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Quarterly Price

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Ingersoll Rand Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 249 245 222 273 254 319 304 305 276 329
Other Income 3 3 4 4 7 5 4 6 6 5
Total Income 252 248 226 277 261 324 309 310 283 334
Total Expenditure 213 206 182 229 208 254 214 233 211 254
Operating Profit 39 43 44 48 52 70 95 77 72 79
Interest 0 0 1 1 1 1 0 0 1 0
Depreciation 3 4 4 4 4 4 4 4 5 5
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 35 39 39 43 48 65 90 72 67 74
Provision for Tax 9 10 10 11 12 17 23 19 17 19
Profit After Tax 26 29 29 32 35 48 67 54 50 55
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 26 29 29 32 35 48 67 54 50 55
Adjusted Earnings Per Share 8.2 9.1 9.3 10.2 11.2 15.2 21.3 17 15.7 17.4

Ingersoll Rand Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 586 579 610 621 620 615 739 706 618 910 1151 1214
Other Income 64 62 60 55 71 73 36 39 13 14 19 21
Total Income 649 641 670 676 691 688 775 745 631 924 1170 1236
Total Expenditure 532 533 570 586 564 546 636 610 507 759 905 912
Operating Profit 117 108 101 90 127 142 139 135 124 165 265 323
Interest 1 1 2 0 1 -2 0 3 2 3 2 1
Depreciation 5 8 12 10 12 13 11 18 14 14 16 18
Exceptional Income / Expenses 0 0 10 0 0 0 0 0 0 0 0 0
Profit Before Tax 111 98 97 80 114 132 127 114 108 148 246 303
Provision for Tax 33 31 33 20 37 43 47 29 35 38 64 78
Profit After Tax 78 67 63 59 77 89 81 85 72 110 183 226
Adjustments 0 0 3 2 0 0 0 0 0 0 0 0
Profit After Adjustments 78 67 66 61 77 89 81 85 72 110 183 226
Adjusted Earnings Per Share 24.7 21.2 20.1 18.8 24.5 28.2 25.6 26.8 22.9 34.9 57.9 71.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 26% 18% 13% 7%
Operating Profit CAGR 61% 25% 13% 9%
PAT CAGR 66% 29% 16% 9%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 76% 80% 49% 25%
ROE Average 32% 24% 21% 14%
ROCE Average 44% 33% 29% 19%

Ingersoll Rand Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 870 915 957 1008 1062 1128 419 381 451 552 578
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 476 510 359 -3 -7 -3 -0 9 13 7 4
Total Current Liabilities 181 208 171 175 150 158 180 162 207 277 276
Total Liabilities 1527 1633 1487 1179 1204 1284 598 552 671 835 858
Fixed Assets 50 109 109 78 126 121 117 117 112 111 110
Other Non-Current Assets 698 685 584 199 170 171 32 30 29 30 25
Total Current Assets 779 839 794 832 908 992 448 405 530 694 722
Total Assets 1527 1633 1487 1179 1204 1284 598 552 671 835 858

Ingersoll Rand Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 297 282 226 227 383 622 770 115 158 229 292
Cash Flow from Operating Activities 50 -64 29 67 121 77 37 109 77 81 148
Cash Flow from Investing Activities -43 31 -4 113 141 93 100 59 -1 -5 -5
Cash Flow from Financing Activities -23 -23 -24 -23 -23 -23 -791 -125 -4 -13 -162
Net Cash Inflow / Outflow -15 -56 1 156 239 148 -655 43 71 63 -18
Closing Cash & Cash Equivalent 282 226 227 383 622 770 115 158 229 292 273

Ingersoll Rand Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 24.69 21.21 20.09 18.79 24.48 28.16 25.64 26.8 22.92 34.89 57.86
CEPS(Rs) 26.33 23.78 23.75 21.89 28.22 32.15 29.24 32.58 27.44 39.36 63.03
DPS(Rs) 6 6 6 6 6 208 6 28 3 20 50
Book NAV/Share(Rs) 275.53 289.73 303.22 318.95 335.83 356.82 132.34 119.57 141.28 174.51 182.39
Core EBITDA Margin(%) 8.53 7.16 6.07 5.31 8.45 11.06 14 13.6 17.92 16.57 21.34
EBIT Margin(%) 17.82 15.74 14.85 12.03 17.35 20.72 17.31 16.53 17.72 16.58 21.61
Pre Tax Margin(%) 17.64 15.56 14.54 11.96 17.23 21.05 17.24 16.16 17.45 16.3 21.4
PAT Margin (%) 12.37 10.58 9.52 8.91 11.64 14.22 10.95 11.99 11.71 12.1 15.87
Cash Profit Margin (%) 13.2 11.86 11.26 10.38 13.42 16.23 12.49 14.58 14.02 13.65 17.29
ROA(%) 5.29 4.24 4.07 4.45 6.48 7.15 8.6 14.71 11.83 14.62 21.57
ROE(%) 9.26 7.5 6.78 6.04 7.48 8.13 10.48 21.28 17.57 21.99 32.42
ROCE(%) 13.33 11.17 10.57 8.15 11.13 11.83 16.54 29.17 26.32 30.1 44.02
Receivable days 79.22 90.71 96.65 86.26 64.34 60.65 68.57 80.15 95.84 80.53 77.27
Inventory Days 57.93 65.38 67.88 56.91 50.18 48.21 41.54 43.78 51.37 51.29 51.2
Payable days 72.99 100.05 95.49 90.01 79.7 85.28 84.71 95.67 112.7 98.57 92.32
PER(x) 15.76 21.67 50.25 34.39 31.57 23.22 24.33 23.04 29.81 45.79 45.14
Price/Book(x) 1.41 1.59 3.33 2.03 2.3 1.83 4.71 5.16 4.84 9.16 14.32
Dividend Yield(%) 1.54 1.31 0.59 0.93 0.78 31.81 0.96 4.53 0.44 1.25 1.91
EV/Net Sales(x) 1.29 1.79 4.54 2.52 2.85 2.1 2.51 2.54 3.12 5.22 6.93
EV/Core EBITDA(x) 6.43 9.6 27.47 17.39 13.92 9.1 13.29 13.26 15.56 28.79 30.07
Net Sales Growth(%) -1.09 -1.17 5.41 1.82 -0.11 -0.91 20.21 -4.53 -12.46 47.3 26.47
EBIT Growth(%) -9.28 -11.24 -0.72 -19.01 43.78 12.49 -1.26 -8.83 -6.15 37.85 64.81
PAT Growth(%) -5.82 -14.09 -5.27 -6.49 30.28 15.03 -8.95 4.53 -14.48 52.23 65.82
EPS Growth(%) -5.82 -14.09 -5.27 -6.49 30.28 15.03 -8.95 4.53 -14.48 52.23 65.82
Debt/Equity(x) 0 0 0 0 0 0 0 0 0 0 0
Current Ratio(x) 4.3 4.03 4.63 4.76 6.06 6.26 2.5 2.5 2.56 2.51 2.61
Quick Ratio(x) 3.79 3.38 3.98 4.21 5.48 5.77 1.99 2.02 2.1 1.93 2.03
Interest Cover(x) 102.97 83.93 47.6 171.53 146.16 -62.28 261.04 44.86 64.71 59.1 103.33
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Ingersoll Rand Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 75 75 75 75 75 75 75 75 75 75
FII 0.43 0.4 0.45 0.57 0.91 1.06 1.24 1.31 1.43 1.6
DII 4.99 5.5 5.72 5.93 5.91 5.8 5.42 5.38 5.18 5.36
Public 19.58 19.1 18.83 18.5 18.18 18.15 18.34 18.32 18.39 18.04
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 24%
  • Debtor days have improved from 98.57 to 92.32days.
  • Company is almost debt free.

Cons

  • Stock is trading at 20.3 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Ingersoll Rand News

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