Ingersoll-Rand (India) Ltd

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NSEBSE

3516.8025.55 (0.73%)

12:00 AM,23rd Feb 2024

3518.5034.50 (0.99%)

12:00 AM,23rd Feb 2024

BSE : 500210

NSE : INGERRAND

Sector : Engineering

ISIN Code : INE177A01018

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Last Updated: Feb 23 2024 | 12:00 AM IST

Market Cap (₹ Cr)

11102

Turnover (₹ Cr)

0.47

Volume (Shares)

13446

Face Value

10

52-WK High

3586.30

52-WK High Date

21 Feb 2024

52-WK Low

2073.00

52-WK Low Date

23 Feb 2023

All Time High

3586.30

All Time High Date

21 Feb 2024

All Time Low

92.30

All Time Low Date

29 Jun 2001

Ingersoll-Rand (India) Ltd

Ingersoll-Rand India Ltd is a leading innovation and solutions provider with powerful brands and leading positions within their market. The Company has a solar manufacturing plant is located at Naroda Ahmedabad. It is engaged in manufacturing and selling of industrial air compressors of various capacities and providing related services. The Company sells air compressors primarily in India and exports the products to American Asian and European countries. It focus on Air Solution Segment. Ingersoll-Rand India Ltd was established in the year December 1921 in Kolkata. The company is one of the first Indo-American ventures in India. Till 1965 the company is in the trading business. In the year 1965 they set up their first manufacturing plant for reciprocating compressors at Naroda in Gujarat. In the year 1978 the company commissioned their second manufacturing plant at Bangalore for the production of construction mining and water well drilling equipment. The company started Rotary Screw Compressor assembly and Centac Compressor packaging at their Naroda plant in the year 1983 and 1989 respectively.In the year 1993 the company started production of soil & asphalt compactors at their Bangalore plant and in the year 1994 Ahmedabad plant was expanded for manufacturing gas compressors. In the year 1996 Bangalore plant was expanded for in-house fabrication facility. Also the company acquired majority stake in Wadco Tools Sahibabad.In the year 2000 the company sold their Process Gas Compressor division in keeping with Ingersoll Rand Company's worldwide decision. In the year 2001 they launched Hydraulic drifter drills which was built indigenously. In the year 2002 PET packaging facility was shifted form Ingersoll Rand's Davidson facility in USA to Ahmedabad plant. Also they shifted Rotary Screw Compressor facility form their Bangalore plant to Ahmedabad Plant.In the year 2003 the company delivered the DM-H drill built to Northern Coal Fields a subsidiary of Coal India Ltd. The company commenced their Climate Control business during the year 2002-03.During the year 2004-05 the company sold their Drilling Solutions Business to Atlas Copco India Ltd. However the company continues to manufacture drills on behalf of Atlas Copco India Ltd. The company sold their Climate Control Business to Thermo King India Pvt Ltd an associate company with effect from July 1 2006 for a consideration of 33.40 crore.In May 2007 the company sold their Road Development Business to Volvo India Pvt Ltd for a consideration of Rs 231.82 crore. In November 2007 they sold Utility Equipment Attachments and Bobcat Business to Doosan International India Pvt Ltd for a consideration of Rs 103.10 crore.In 2012 the Company acquired 10.75 acres of industrial land on lease from Mahindra World City Developers Limited for setting up a new green field manufacturing plant in Kancheepuram Tamil Nadu and later on March 20 2013 opened a new manufacturing plant in Chennai which commenced commercial production in May 2013.On February 29 2020 Gardner Denver and the Industrial Segment of Ingersoll Rand Plc merged and consequently the two companies were combined and later on named as 'Ingersoll Rand Inc'.During the year 2020-21 the Company's Ultimate Holding Company Ingersoll Rand Inc. acquired 1741798 equity shares (equivalent to 5.52%) from the public shareholders of the Company. Consequently the total shareholding of promoter and promoter group increased to 79.52% of the total equity share capital of the Company. Ingersoll Rand Inc. sold 1425798 equity shares through the stock exchanges on Offer for Sale of shares by Promoters effective on November 24 2020 and November 25 2020 respectively and as a result of this the total shareholding of promoter and promoter group stood at 75% of the total equity share capital of the Company.The Company launched Naroda Solar Plant at Gujarat in 2021-22.

Ingersoll-Rand (India) Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

11102

EPS - TTM (₹) [S]

71.47

P/E Ratio (X) [S]

17.95

Face Value (₹) 10
Latest Dividend (%)500.00
Latest Dividend Date 22 Nov 2023
Dividend Yield (%) 1.42
Book Value Share (₹) [S]195.97
P/B Ratio (₹) [S]17.95
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Bank of India Conservative Hybrid Fund (G) 0.27 800 0.40
Bank of India Conservative Hybrid Fund (IDCW-M) 0.27 800 0.40
Bank of India Conservative Hybrid Fund (IDCW-Q) 0.27 800 0.40
Bank of India Conservative Hybrid Fund (IDCW-A) 0.27 800 0.40
Bank of India Conservative Hybrid Fund - Eco (G) 0.27 800 0.40
Bank of India Conservative Hybrid Fund - Eco (IDCW-M) 0.27 800 0.40
Bank of India Conservative Hybrid Fund - Eco (IDCW-Q) 0.27 800 0.40
Bank of India Conservative Hybrid Fund - Direct (G) 0.27 800 0.40
Bank of India Conservative Hybrid Fund - Direct (IDCW-M) 0.27 800 0.40
Bank of India Conservative Hybrid Fund - Direct (IDCW-A) 0.27 800 0.40

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Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

3461.25

3552.45

Week Low/High

3322.60

3586.00

Month Low/High

2996.40

3586.00

Year Low/High

2073.00

3586.00

All time Low/High

50.00

3586.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week1.25%1.34%1.290.78%
1 Month16.23%16.03%4.244.59%
3 Month19.89%19.97%11.1212.17%
6 Month6.29%6.23%12.1114.24%
1 Year64.30%64.25%23.0726.85%
3 Year387.60%385.14%47.4551.03%

Company Info

Company Information

Executive Director & CS : P. R Shubhakar

Chairman & Independent Directo : Sekhar Natarajan

Independent Director : Jayantika Dave

Independent Director : Vijaya Sampath

Director : Naveen Samant

Executive Director : Inder Arora

Registered Office: First Floor Subramanya Arcade, No 12/1 Bannerghatta Road,Bangalore,Karnataka-560029 Ph: 91-80-46855100

Email:p_r_shubhakar@irco.com

URL:http://www.irco.com