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 2026-09-21 close
Latest results: ELGIEQUIP Jun 2026 · INGERRAND Jun 2026
At a glance
- Elgi Equipments Limited is the larger company by market value, about 1.5 times the size of Ingersoll Rand (India) Limited.
- On trailing earnings, Elgi Equipments Limited trades at the lower P/E (43.1 against 49.6).
- Ingersoll Rand (India) Limited earns the higher return on equity (43.4% against 20.1%).
- Over three years Elgi Equipments Limited has grown profits faster (16% a year against 13%).
- Over the past year the share prices returned +31.8% (ELGIEQUIP) and +9.0% (INGERRAND).
| Metric | Elgi Equipments ELGIEQUIP |
Ingersoll Rand INGERRAND |
|---|---|---|
| Size and price | ||
| Market cap | ₹19,299 Cr | ₹13,279 Cr |
| Share price | ₹612.20 | ₹4,206 |
| Valuation | ||
| P/E | 43.09 | 49.65 |
| P/B | 8.65 | 21.56 |
| EV/EBITDA | 32.40 | 38.05 |
| PEG | 2.69 | 3.82 |
| Dividend yield | 0.4% | 1.9% |
| Profitability | ||
| ROE | 20.1% | 43.4% |
| ROCE | 24.0% | 57.0% |
| Operating margin | 14.8% | 24.0% |
| Sales (TTM) | ₹4,147 Cr | ₹1,456 Cr |
| Net profit (TTM) | ₹448 Cr | ₹267 Cr |
| Growth | ||
| Latest quarter sales YoY | +22.6% | +20.5% |
| Latest quarter profit YoY | +20.7% | +19.4% |
| 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 | 0.24 | 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 | -3.20% | -10.61% |
| Return 3M | -0.34% | -10.41% |
| Return 1Y | +31.76% | +9.02% |
| Return YTD | +29.22% | +20.29% |
| Technical condition | ||
| Technical score | 58 | 25 |
| RS rating (1-99) | 74.00 | 59.00 |
| % vs 200-DMA | +13.44% | +4.48% |
| RSI (14) | 49.87 | 33.36 |
| % from 52-week high | -6.31% | -15.11% |
