Is Ingersoll Rand India the Best Stock in Its Sector? A Look at the Numbers
- September 29, 2026
- Posted by: Kunal Singla
- Category: Market
Ingersoll Rand India CMP Rs 4,185 (29 Sep 2026). Market cap Rs 13,328 Cr. ROE 41.58%. P/E 49.82x versus Industry P/E 56.44x.
Quick Answer
Ingersoll Rand India is one of the names investors compare when screening the Capital Goods sector, built on a 41.58% return on equity and a P/E of 49.82x against an Industry P/E of 56.44x. Whether Ingersoll Rand India is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Capital Goods sector peers, so you can judge that for yourself.
Is Ingersoll Rand India the best stock in its sector? The stock trades on the NSE at Rs 4,185 as of 29 September 2026, within its 52-week range of Rs 3,063.30 to Rs 4,955.00. Ingersoll-Rand (India) Ltd manufactures air compressors, vacuum pumps and related equipment.
Ingersoll Rand India sits in the Capital Goods sector, and its 41.58% ROE and 49.82x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About Ingersoll Rand India
Ingersoll-Rand (India) Ltd manufactures air compressors, vacuum pumps and related equipment. The stock trades at a very high absolute price with thin volumes. At a market capitalisation of Rs 13,328 Cr, it is tracked as part of the Capital Goods sector on Univest.
Is Ingersoll Rand India the Best Stock in Its Sector?
Ingersoll Rand India makes its case as the best stock in its sector primarily on return on equity and balance sheet strength, combining a 41.58% ROE with a 49.82x P/E against the sector’s 56.44x Industry P/E. Ingersoll Rand India’s 49.82x P/E is below the 56.44x Industry P/E with a 41.58% ROE, but a 21.65x price to book is very demanding and leaves little margin for disappointment.
| Metric | Ingersoll Rand India |
|---|---|
| CMP (NSE) | Rs 4,184.70 |
| 52-Week High / Low | Rs 4,955.00 / Rs 3,063.30 |
| Market Cap | Rs 13,328 Cr |
| P/E (TTM) vs Industry P/E | 49.82x vs 56.44x |
| P/B | 21.65 |
| ROE | 41.58% |
| EPS (TTM) | Rs 84.74 |
| Dividend Yield | 0.47% |
| Debt to Equity | 0.01 |
Compare Ingersoll Rand India Against Other Capital Goods Sector Stocks
How Ingersoll Rand India Compares Against Its Capital Goods Sector Peers
The table below sets Ingersoll Rand India against 2 other Capital Goods sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Ingersoll Rand India | 13,328 | 49.82 | 41.58% | 0.01 |
| Elecon Engineering Company | 10,309 | 43.67 | 14.79% | 0.12 |
| Harsha Engineers International | 4,207 | 27.20 | 11.07% | 0.27 |
| Peer average (2 companies) | – | 35.44 | 12.93% | 0.20 |
Against this peer set, Ingersoll Rand India’s 41.58% ROE is above the 12.93% peer average, and its P/E of 49.82x runs above the peer average of 35.44x. Ingersoll Rand India’s 49.82x P/E is below the 56.44x Industry P/E with a 41.58% ROE, but a 21.65x price to book is very demanding and leaves little margin for disappointment.
What Makes Ingersoll Rand India Worth Watching in Capital Goods
- Exceptional ROE: A 41.58% ROE is one of the highest in this batch.
- Below Industry P/E: A 49.82x P/E against a 56.44x Industry P/E is a modest discount for that level of ROE.
- Near debt free: A debt to equity ratio of 0.01 means the company carries almost no borrowings.
Ingersoll Rand India Valuation: Is It Justified?
Ingersoll Rand India’s 49.82x P/E is below the 56.44x Industry P/E with a 41.58% ROE, but a 21.65x price to book is very demanding and leaves little margin for disappointment. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Indegene the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Ingersoll Rand India and other Capital Goods sector stocks.
How to Track Ingersoll Rand India Before You Invest
Before deciding whether Ingersoll Rand India deserves its label as the best stock in its sector for your own portfolio, compare it directly against Capital Goods sector peers using the steps below.
- Open the Univest Screener and search for Ingersoll Rand India to view live price, valuation ratios, and peer comparisons within the Capital Goods sector.
- Compare its P/E, P/B, and ROE against other Capital Goods sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Ingersoll Rand India earns a place in the best stock in its sector conversation on the strength of a 41.58% ROE and a P/E of 49.82x against a 56.44x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Ingersoll Rand India the best stock in its sector?
Ans. Ingersoll Rand India has a 41.58% ROE and trades at 49.82x P/E against a 56.44x Industry P/E, and compares above the peer average ROE of 12.93% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Ingersoll Rand India?
Ans. Ingersoll Rand India was trading at Rs 4,184.70 on the NSE as of 29 September 2026, within its 52-week range of Rs 3,063.30 to Rs 4,955.00.
What sector does Ingersoll Rand India belong to?
Ans. Ingersoll Rand India is classified under the Capital Goods sector on Univest.
How does Ingersoll Rand India compare to its sector peers on P/E?
Ans. Ingersoll Rand India’s P/E of 49.82x is above the 35.44x average of the 2 named peers compared in this article.
What is Ingersoll Rand India’s return on equity?
Ans. Ingersoll Rand India reported a return on equity of 41.58%, which is above the 12.93% average of its named peers in this comparison.
Should I invest in Ingersoll Rand India based on its sector position?
Ans. Ingersoll Rand India’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
