Ingersoll Rand (India) Ltd is a well-established player in India’s industrial and manufacturing equipment space, primarily known for its air compressors, industrial tools, and related services. As a subsidiary of the global Ingersoll Rand group, the company benefits from strong technology transfer, brand recognition, and a diversified industrial customer base.
With rising industrial capex, infrastructure development, and manufacturing expansion under initiatives like Make in India, Ingersoll Rand (India) is positioned to benefit from long-term demand growth. In this article, we analyse Ingersoll Rand (India) Ltd share price targets from 2026 to 2030 based on current market data, business fundamentals, and sector trends.
| Detail | Value |
|---|---|
| Open | ₹3,420.00 |
| Previous Close | ₹3,352.90 |
| Day’s High | ₹3,473.00 |
| Day’s Low | ₹3,402.50 |
| VWAP | ₹3,437.75 |
| 52-Week High | ₹4,477.80 |
| 52-Week Low | ₹3,055.00 |
| All-Time High | ₹5,000.00 |
| All-Time Low | ₹92.30 |
| Market Capitalization | ₹10,940 Cr |
| Volume | 5,783 |
| Value (Lacs) | ₹200.42 |
| 20D Avg Volume | 12,584 |
| 20D Avg Delivery (%) | 66.46% |
| Face Value | ₹10 |
| Book Value Per Share | ₹205.92 |
| Dividend Yield | 2.31% |
| UC Limit | ₹4,023.40 |
| LC Limit | ₹2,682.40 |
| Beta | 1.00 |
Ingersoll Rand (India) Ltd manufactures and supplies air compressors, compressed air systems, pneumatic tools, and aftermarket services for a wide range of industries including automobiles, pharmaceuticals, textiles, metals, cement, and general manufacturing.
The company operates on an asset-light, high-margin model, supported by strong service revenue, spare parts sales, and long-term customer relationships. Its parentage ensures access to global technology and best practices, enhancing operational efficiency and product quality.
Strong brand backed by global Ingersoll Rand group
High-margin aftermarket and service revenue
Asset-light manufacturing and efficient operations
Beneficiary of India’s industrial and infrastructure growth
Consistent dividend payouts and strong cash generation
Ingersoll Rand (India) has demonstrated steady profitability and strong return ratios, even during cyclical slowdowns. The company’s focus on premium industrial solutions and services helps protect margins during demand fluctuations.
Institutional interest remains moderate but stable, while high promoter holding reflects long-term confidence in the Indian industrial growth story.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 75.00% |
| Retail & Others | 15.64% |
| Mutual Funds | 7.92% |
| Foreign Institutions | 1.16% |
| Other Domestic Institutions | 0.28% |
The high promoter stake highlights commitment to long-term value creation and business stability.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 3,800 | 4,200 |
| 2027 | 4,300 | 4,800 |
| 2028 | 4,900 | 5,500 |
| 2029 | 5,600 | 6,300 |
| 2030 | 6,400 | 7,200 |
These projections factor in industrial capex recovery, service revenue growth, margin stability, and long-term manufacturing demand.
By 2026, industrial demand recovery and higher service income may support steady earnings growth.
Growth Drivers:
Revival in manufacturing activity
Higher aftermarket and service contribution
Stable margins
Investment View: Suitable for conservative, income-oriented investors.
In 2027, operating leverage and capex-led demand may further support profitability.
Growth Drivers:
Increased industrial utilisation
Strong customer retention
Cost-efficient operations
Investment View: Positive for medium-to-long-term holding.
By 2028, the company may benefit from sustained infrastructure and manufacturing investments.
Growth Drivers:
Expansion in core industrial sectors
Higher service revenue share
Stable dividend payouts
Investment View: Attractive for long-term compounding.
As India’s industrial base matures, Ingersoll Rand could see consistent cash flow growth.
Growth Drivers:
Strong replacement demand
Premium product positioning
Margin resilience
Investment View: Favourable for long-term investors.
By 2030, Ingersoll Rand (India) may emerge as a stable industrial compounder stock.
Growth Drivers:
Structural growth in Indian manufacturing
High-return business model
Consistent dividend and cash flow
Investment View: Ideal for long-term wealth preservation and growth.
Ingersoll Rand (India) Ltd is not a high-growth momentum stock but a high-quality industrial compounder with predictable earnings, strong dividends, and resilient margins.
Strong promoter backing and global parentage
Stable cash flows and healthy dividend yield
Beneficiary of India’s manufacturing growth
High-margin service-driven business model
Cyclicality in industrial demand
Dependence on capital expenditure cycles
Limited short-term growth acceleration
Valuation sensitivity during slowdowns
Ingersoll Rand (India) Ltd represents a steady, long-term industrial investment rather than a speculative growth story. Its strong balance sheet, consistent dividends, and premium industrial positioning make it suitable for patient investors.
Based on current fundamentals and growth assumptions, Ingersoll Rand (India) Ltd share price could potentially reach ₹6,400–₹7,200 by 2030, supported by India’s manufacturing expansion and service-led profitability.
1. What is the current share price of Ingersoll Rand (India) Ltd?
It trades around the levels mentioned in the latest market data table.
2. What is the Ingersoll Rand (India) share price target for 2026?
The expected range is ₹3,800 to ₹4,200.
3. Is Ingersoll Rand (India) a good long-term investment?
Yes, for investors seeking stable returns, dividends, and industrial exposure.
4. What is the share price target for 2030?
The projected range is ₹6,400 to ₹7,200.
5. What factors influence the share price the most?
Industrial demand cycles, capex trends, margins, service revenue, and overall economic growth.
Disclaimer:
This article is for educational purposes only and does not constitute investment advice. Please consult a qualified financial advisor before making investment decisions.
