Elgi Equipments Limited vs Ingersoll Rand (India) Limited
An objective side-by-side of ELGIEQUIP and INGERRAND, both in Compressors / Drilling Equipment: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-11-06 close
Latest results: ELGIEQUIP Sep 2026 · INGERRAND Sep 2026
At a glance
- Elgi Equipments Limited is the larger company by market value, about 1.4 times the size of Ingersoll Rand (India) Limited.
- On trailing earnings, Elgi Equipments Limited trades at the lower P/E (38.6 against 45.8).
- Ingersoll Rand (India) Limited earns the higher return on equity (39.5% against 18.9%).
- Over three years Elgi Equipments Limited has grown profits faster (16% a year against 13%).
- Over the past year the share prices returned +12.0% (ELGIEQUIP) and +3.8% (INGERRAND).
| Metric | Elgi Equipments ELGIEQUIP |
Ingersoll Rand INGERRAND |
|---|---|---|
| Size and price | ||
| Market cap | ₹17,556 Cr | ₹12,527 Cr |
| Share price | ₹556.90 | ₹3,968.20 |
| Valuation | ||
| P/E | 38.60 | 45.83 |
| P/B | 7.31 | 18.12 |
| EV/EBITDA | 27.43 | 35.06 |
| PEG | 2.41 | 3.53 |
| Dividend yield | 0.5% | 2.0% |
| Profitability | ||
| ROE | 18.9% | 39.5% |
| ROCE | 24.0% | 57.0% |
| Operating margin | 15.2% | 23.3% |
| Sales (TTM) | ₹4,313 Cr | ₹1,532 Cr |
| Net profit (TTM) | ₹455 Cr | ₹273 Cr |
| Growth | ||
| Latest quarter sales YoY | +17.2% | +23.4% |
| Latest quarter profit YoY | +5.7% | +9.8% |
| Sales CAGR 3Y | +9.0% | +7.0% |
| Profit CAGR 3Y | +16.0% | +13.0% |
| Sales CAGR 5Y | +15.0% | +18.0% |
| Profit CAGR 5Y | +34.0% | +30.0% |
| Financial strength | ||
| Debt/Equity | 0.20 | 0.01 |
| Interest cover | 19.45 | — |
| Ownership | ||
| Promoter holding | 31.2% | 75.0% |
| Promoter change (4 qtrs) | +0.00 pp | +0.00 pp |
| Price performance | ||
| Return 1M | -7.50% | -3.57% |
| Return 3M | -5.49% | -8.52% |
| Return 1Y | +11.96% | +3.84% |
| Return YTD | +17.55% | +13.47% |
| Technical condition | ||
| Technical score | 61 | 37 |
| RS rating (1-99) | 72.00 | 62.00 |
| % vs 200-DMA | +0.57% | -3.64% |
| RSI (14) | 50.96 | 44.77 |
| % from 52-week high | -14.77% | -19.92% |
