Ingersoll Rand Dividend of Rs 20 Per Share: Record Date 19 November 2026, Payout on 2 December and What the Q2 FY27 Profit Rise of 9% Says About the Payout and the Stock
- November 13, 2026
- Posted by: Harsh Piplani
- Category: News
Interim dividend Rs 20 per share. Record date 19 Nov 2026, payout 2 Dec. Price Rs 3,991.10. Yield 0.50%. Q2 profit Rs 65.86 cr, +9%. PE 46.42 vs industry 51.48.
Quick Answer
Ingersoll Rand India has declared an interim dividend of Rs 20 per share with a record date of 19 November 2026 and payment from 2 December. At Rs 3,991.10 the yield is only about 0.50%, and the amount is far below last year’s Rs 55 interim payout. September quarter revenue rose 23% to Rs 397.50 crore while profit rose 9% to Rs 65.86 crore. The company has almost no debt, but weaker operating cash flow and a high valuation deserve a look. Investors should read the payout against the cash position before acting.
Ingersoll Rand dividend news came on 6 November 2026, when the air compressor maker declared an interim payout of Rs 20 per share, and it is now in focus because the Ingersoll Rand record date of 19 November is days away. A headline calls Ingersoll Rand stock a multibagger, though the return depends on the start date, so this article does not quote a figure. Ingersoll Rand shares have changed little since the announcement.
This article covers eligibility dates, the yield, how the payout compares with earlier years, the September quarter numbers, valuation and the risks to weigh. Univest does not give buy or sell calls, so it sets out a framework and not a verdict. Ingersoll Rand stock is covered here with its payout history.
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Payout Dates and Key Numbers for the Interim Dividend
| Detail | Information |
|---|---|
| Dividend type and amount | Interim, Rs 20 per equity share |
| Face value | Rs 10 per share, so 200% of face value |
| Financial year | Ending 31 March 2027 |
| Board meeting | 6 November 2026 |
| Record date | Thursday, 19 November 2026 |
| Payment date | From 2 December 2026 |
| Price on NSE, 13 Nov 2026 | Rs 3,991.10, down 0.58% |
| Dividend yield on this payout | About 0.50%, our own calculation |
To qualify, you must be a shareholder on the Ingersoll Rand record date. Under T+1 settlement, the ex-dividend date is normally the same day, which means buying by 18 November is the safe route. The company will pay the amount into the bank account linked to your demat account, after tax deducted at source. The Ingersoll Rand record date is the day your name must be on the register.
Dividends are taxed in your hands at your slab rate, and tax may be deducted before payment, so the amount you receive can be lower than Rs 20 per share. Check the current threshold and rate with your tax adviser. An Ingersoll Rand interim dividend is no exception.
How the Ingersoll Rand Dividend Compares With Earlier Payouts
| Period | Type | Amount per share |
|---|---|---|
| November 2024 | Interim | Rs 55 |
| July 2025 | Final | Rs 25 |
| November 2025 | Interim | Rs 55 |
| July 2026 | Final | Rs 20 |
| November 2026 | Interim | Rs 20 |
The company has paid out in two instalments each year, a large interim in November and a smaller final in July. This year’s interim is Rs 20, which is about 64% lower than the Rs 55 paid a year ago, our own calculation. The final dividend of Rs 20 in July 2026 was also lower than the Rs 25 of the year before. The Ingersoll Rand interim dividend has been the larger of the two.
A lower payout does not always signal trouble. It can reflect a decision to keep cash for working capital or growth, but it matters to investors who bought Ingersoll Rand stock for income. Management gave no outlook or reason in the filing we could verify. Ingersoll Rand stock holders should watch the final payout in mid 2027, and Ingersoll Rand shares may react to it.
Q2 FY27 Results Behind the Payout
| Metric | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue from operations | Rs 397.50 crore | Rs 321.94 crore | Up 23% |
| Total expenses | Rs 318.47 crore | Rs 250.07 crore | Up 27% |
| Profit before tax | Rs 88.04 crore | Rs 80.85 crore | Up 9% |
| Profit after tax | Rs 65.86 crore | Rs 60.35 crore | Up 9% |
| Earnings per share | Rs 20.86 | Rs 19.12 | Up 9% |
Sales grew faster than profit because expenses rose about 27%. A third-party calculation puts the EBITDA margin near 21.2% against 23.6% a year earlier, which is our reading of the reported figures and not a number the company published. Compared with the June quarter, revenue rose from Rs 379.46 crore but profit slipped from Rs 70.46 crore. Ingersoll Rand shares are valued on earnings that grew only 9%.
For the first half, revenue was Rs 776.96 crore against Rs 637.26 crore, and profit after tax was Rs 136.32 crore against Rs 119.33 crore, a rise of about 14%. The company reports a single air solutions segment, so there is no product-wise split. Ingersoll Rand share price support comes from this steady growth.
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Can the Company Fund the Payout? Cash Flow and Balance Sheet
| Measure | Figure |
|---|---|
| Estimated payout | About Rs 63 crore, our own calculation on 3.16 crore shares |
| Share of H1 profit | About 46% |
| Cash at 30 Sept 2026 | Rs 128.19 crore, down from Rs 157.52 crore in March |
| Trade receivables at 30 Sept 2026 | Rs 390.75 crore, up from Rs 298.65 crore in March |
| Operating cash flow, H1 | Rs 67.00 crore against Rs 120.24 crore a year earlier |
| Debt to equity | 0.01 |
The payout is comfortable against profit and cash, and there is almost no debt. The weaker point is cash conversion, since operating cash flow fell about 44% in the half as higher receivables absorbed Rs 93.80 crore. Cash also declined, so the smaller dividend may reflect that squeeze. The Ingersoll Rand dividend is therefore not a stretch for the balance sheet, even if it is smaller. Ingersoll Rand stock and Ingersoll Rand share price both rest on that cover.
Valuation and Risks Before Buying for the Dividend
| Measure | Figure |
|---|---|
| Market capitalisation | About Rs 12,675 crore |
| PE, trailing earnings | 46.42, against industry PE of 51.48 |
| Price to book value | 18.34 times |
| Return on equity | 39.49% |
| Earnings per share, trailing | Rs 86.49 |
A return on equity near 39% and almost no debt are strong. The price is also steep, at 18 times book value and 46 times earnings, so Ingersoll Rand stock needs growth to continue. A dividend of 0.50% does little to cushion a fall, and the Ingersoll Rand share price usually adjusts lower on the ex-date by about the payout. Ingersoll Rand stock is priced for continued growth.
Risks include slower profit growth than sales, rising receivables, a lower payout and a high multiple. A fall in the broad market can hit a richly valued stock harder, and the Nifty 50 direction matters for sentiment. Ingersoll Rand shares could fall more than the market on a miss.
| What to watch | Why it matters |
|---|---|
| Ex-date price move | Shows how the market treats the smaller payout |
| Receivable days and cash flow | Test the quality of sales growth |
| Margin trend | Profit grew slower than revenue |
| Final dividend in mid 2027 | Shows the payout policy |
| Nifty 50 trend | A weak market can hit richly valued stocks |
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Conclusion
The Rs 20 payout is affordable, yet it is small against the share price and much lower than last year’s interim. Sales growth of 23% is healthy, but profit growth of 9% and weaker cash conversion argue for care at a valuation near 46 times earnings. Decide on position size, your tax position and a review date before acting. The Ingersoll Rand record date aside, the larger question is growth for Ingersoll Rand share price.
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).
Frequently Asked Questions
What is the Ingersoll Rand dividend and when is the record date?
Ans. Ingersoll Rand India declared an interim dividend of Rs 20 per equity share of Rs 10 face value for the year ending 31 March 2027, at its board meeting on 6 November 2026. The record date is Thursday, 19 November 2026 and payment is scheduled from 2 December 2026, subject to tax deducted at source. The company announced it together with the September quarter results.
Which date must I buy the shares by to get the dividend?
Ans. Under the T+1 settlement cycle the ex-dividend date is normally the same as the record date, so you need to own the shares at the close of the day before, which is 18 November 2026. This is our reading of the settlement rule, so confirm the ex-date on the NSE or BSE announcement. Shares bought on or after the ex-date do not qualify.
What is the dividend yield on this payout?
Ans. At the NSE price of Rs 3,991.10 on 13 November 2026, Rs 20 works out to a yield of about 0.50%, our own calculation. That is low against the share price, which is typical for a high-priced, high-valuation stock. The payout is also much lower than the Rs 55 interim dividend paid in November 2025.
How does this dividend compare with earlier payouts?
Ans. The company paid an interim of Rs 55 in November 2025 and a final of Rs 20 in July 2026, after Rs 55 interim in November 2024 and Rs 25 final in July 2025. The new Rs 20 is about 64% lower than the Rs 55 interim a year ago, our own calculation. The cut matters for anyone buying the stock mainly for income.
How did Ingersoll Rand India perform in Q2 FY27?
Ans. Revenue from operations rose about 23% to Rs 397.50 crore and profit after tax rose about 9% to Rs 65.86 crore, with earnings per share of Rs 20.86 against Rs 19.12. Profit grew slower than sales because expenses rose about 27%. Against the June quarter, revenue rose but profit fell from Rs 70.46 crore.
Can the company afford the Rs 20 dividend?
Ans. With earnings per share of Rs 20.86 in one quarter, the company has about 3.16 crore shares, so Rs 20 costs roughly Rs 63 crore, our own calculation. That is about 46% of the Rs 136.32 crore profit earned in the first half. The balance sheet carries almost no debt, with debt to equity of 0.01, and Rs 128.19 crore of cash at the end of September.
What should I weigh before buying for the dividend?
Ans. Univest does not give buy or sell calls. A Rs 20 payout on a Rs 3,991 share is a small cash return, and the share price typically adjusts down by about the dividend amount on the ex-date. Weigh the 46 times earnings valuation, the fall in the payout, and weaker operating cash flow, and decide on position size and a review date.
