Ingersoll Rand (India) Limited (INGERRAND) - Net Assets

Latest as of September 2025: Rs6.50 Billion INR ≈ $70.30 Million USD

Based on the latest financial reports, Ingersoll Rand (India) Limited (INGERRAND) has net assets worth Rs6.50 Billion INR (≈ $70.30 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs9.84 Billion ≈ $106.45 Million USD) and total liabilities (Rs3.34 Billion ≈ $36.15 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Ingersoll Rand (India) Limited's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs6.50 Billion
% of Total Assets	66.04%
Annual Growth Rate	2.0%
5-Year Change	35.21%
10-Year Change	-38.86%
Growth Volatility	20.24

Ingersoll Rand (India) Limited - Net Assets Trend (2005–2025)

This chart illustrates how Ingersoll Rand (India) Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Ingersoll Rand (India) Limited for the complete picture of this company's asset base.

Annual Net Assets for Ingersoll Rand (India) Limited (2005–2025)

The table below shows the annual net assets of Ingersoll Rand (India) Limited from 2005 to 2025. For live valuation and market cap data, see INGERRAND stock market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs6.09 Billion ≈ $65.90 Million	+5.01%
2024-03-31	Rs5.80 Billion ≈ $62.75 Million	+0.39%
2023-03-31	Rs5.78 Billion ≈ $62.51 Million	+4.74%
2022-03-31	Rs5.52 Billion ≈ $59.68 Million	+22.46%
2021-03-31	Rs4.51 Billion ≈ $48.74 Million	+18.25%
2020-03-31	Rs3.81 Billion ≈ $41.22 Million	-8.94%
2019-03-31	Rs4.19 Billion ≈ $45.27 Million	-62.91%
2018-03-31	Rs11.28 Billion ≈ $122.04 Million	+6.30%
2017-03-31	Rs10.62 Billion ≈ $114.80 Million	+6.51%
2016-03-31	Rs9.97 Billion ≈ $107.79 Million	+4.12%
2015-03-31	Rs9.57 Billion ≈ $103.52 Million	+4.66%
2014-03-31	Rs9.15 Billion ≈ $98.91 Million	+5.15%
2013-03-31	Rs8.70 Billion ≈ $94.07 Million	+6.86%
2012-03-31	Rs8.14 Billion ≈ $88.03 Million	-0.65%
2011-03-31	Rs8.19 Billion ≈ $88.60 Million	+6.03%
2010-03-31	Rs7.73 Billion ≈ $83.56 Million	+3.38%
2009-03-31	Rs7.47 Billion ≈ $80.83 Million	+6.41%
2008-03-31	Rs7.02 Billion ≈ $75.96 Million	+58.20%
2007-03-31	Rs4.44 Billion ≈ $48.01 Million	+5.87%
2006-03-31	Rs4.19 Billion ≈ $45.35 Million	+2.28%
2005-03-31	Rs4.10 Billion ≈ $44.34 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Ingersoll Rand (India) Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 26.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs2.79 Billion	45.71%
Common Stock	Rs315.70 Million	5.18%
Other Comprehensive Income	Rs2.99 Billion	49.11%
Total Equity	Rs6.09 Billion	100.00%

Ingersoll Rand (India) Limited Competitors by Market Cap

The table below lists competitors of Ingersoll Rand (India) Limited ranked by their market capitalization.

Company	Market Cap
Guangzhou SiE Consulting Co Ltd SHE:300687	$1.51 Billion
Central Securities Corporation NYSE MKT:CET	$1.51 Billion
Jiangsu Guomao Reducer Co Ltd SHG:603915	$1.51 Billion
Zhejiang Shibao Co Ltd SHE:002703	$1.51 Billion
Shenzhen Fine Made Electronics Group Co Ltd SHE:300671	$1.51 Billion
Xian International Medical Investment Co Ltd SHE:000516	$1.51 Billion
Huadian Heavy Industries Co SHG:601226	$1.51 Billion
Korea Circuit Co. Ltd. KO:007810	$1.51 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ingersoll Rand (India) Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 5,802,720,000 to 6,093,400,000, a change of 290,680,000 (5.0%).
Net income of 2,675,224,000 contributed positively to equity growth.
Dividend payments of 2,367,600,000 reduced retained earnings.
Other comprehensive income decreased equity by 16,939,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs2.68 Billion	+43.9%
Dividends Paid	Rs2.37 Billion	-38.86%
Other Comprehensive Income	Rs-16.94 Million	-0.28%
Other Changes	Rs-5.00K	-0.0%
Total Change	Rs-	5.01%

Book Value vs Market Value Analysis

This analysis compares Ingersoll Rand (India) Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 22.89x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 34.01x to 22.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs129.88	Rs4417.70	x
2006-03-31	Rs132.85	Rs4417.70	x
2007-03-31	Rs140.64	Rs4417.70	x
2008-03-31	Rs222.49	Rs4417.70	x
2009-03-31	Rs236.76	Rs4417.70	x
2010-03-31	Rs244.76	Rs4417.70	x
2011-03-31	Rs259.52	Rs4417.70	x
2012-03-31	Rs257.84	Rs4417.70	x
2013-03-31	Rs275.53	Rs4417.70	x
2014-03-31	Rs289.73	Rs4417.70	x
2015-03-31	Rs303.22	Rs4417.70	x
2016-03-31	Rs315.72	Rs4417.70	x
2017-03-31	Rs336.28	Rs4417.70	x
2018-03-31	Rs357.48	Rs4417.70	x
2019-03-31	Rs132.59	Rs4417.70	x
2020-03-31	Rs120.73	Rs4417.70	x
2021-03-31	Rs142.76	Rs4417.70	x
2022-03-31	Rs174.82	Rs4417.70	x
2023-03-31	Rs183.11	Rs4417.70	x
2024-03-31	Rs183.82	Rs4417.70	x
2025-03-31	Rs193.02	Rs4417.70	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ingersoll Rand (India) Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 43.90%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 20.02%
• Asset Turnover: 1.43x
• Equity Multiplier: 1.53x
Recent ROE (43.90%) is above the historical average (14.43%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	5.28%	4.90%	0.83x	1.30x	Rs-193.44 Million
2006	7.50%	6.59%	0.81x	1.40x	Rs-105.05 Million
2007	10.34%	7.73%	0.93x	1.44x	Rs15.22 Million
2008	9.80%	14.14%	0.59x	1.18x	Rs-13.88 Million
2009	9.15%	18.35%	0.43x	1.16x	Rs-63.34 Million
2010	6.47%	14.05%	0.39x	1.17x	Rs-272.72 Million
2011	8.46%	14.93%	0.48x	1.17x	Rs-125.88 Million
2012	10.17%	13.98%	0.63x	1.16x	Rs13.68 Million
2013	8.96%	13.31%	0.57x	1.17x	Rs-90.38 Million
2014	7.32%	11.57%	0.53x	1.20x	Rs-245.03 Million
2015	6.91%	10.84%	0.54x	1.18x	Rs-295.76 Million
2016	6.10%	9.79%	0.54x	1.16x	Rs-388.33 Million
2017	7.28%	12.45%	0.51x	1.14x	Rs-288.83 Million
2018	7.88%	14.46%	0.48x	1.14x	Rs-239.60 Million
2019	19.34%	10.95%	1.23x	1.43x	Rs390.75 Million
2020	22.20%	11.99%	1.28x	1.45x	Rs464.88 Million
2021	16.05%	11.71%	0.92x	1.49x	Rs272.86 Million
2022	19.96%	12.10%	1.06x	1.55x	Rs549.56 Million
2023	31.60%	15.87%	1.34x	1.49x	Rs1.25 Billion
2024	38.32%	18.56%	1.41x	1.47x	Rs1.64 Billion
2025	43.90%	20.02%	1.43x	1.53x	Rs2.07 Billion

Industry Comparison

This section compares Ingersoll Rand (India) Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $37,677,440,843
Average return on equity (ROE) among peers: 17.39%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ingersoll Rand (India) Limited (INGERRAND)	Rs6.50 Billion	5.28%	0.51x	$1.51 Billion
Aaron Industries Limited (AARON)	$550.00K	66.55%	18.36x	$31.35 Million
Ador Welding Limited (ADORWELD)	$1.47 Billion	17.36%	0.26x	$184.52 Million
The Anup Engineering Limited (ANUP)	$3.37 Billion	15.88%	0.28x	$446.74 Million
ATAM VALVES ORD (BSE) (ATAM)	$37.09 Million	13.75%	4.00x	$8.50 Million
Azad Engineering Limited (AZAD)	$1.20 Billion	24.55%	2.37x	$1.51 Billion
Bharat Heavy Electricals Limited (BHEL)	$323.31 Billion	1.36%	0.97x	$13.27 Billion
Cummins India Limited (CUMMINSIND)	$51.45 Billion	18.15%	0.38x	$15.79 Billion
Diamond Power Infrastructure Limited (DIACABS)	$-6.22 Billion	0.00%	0.00x	$899.30 Million
Diffusion Engineers Ltd (DIFFNKG)	$1.91 Billion	16.05%	0.44x	$120.60 Million
Ducon Infratechnologies Limited (DUCON)	$236.88 Million	0.26%	0.31x	$11.42 Million

About Ingersoll Rand (India) Limited

NSE:INGERRAND India Specialty Industrial Machinery

Market Cap

$1.51 Billion

Rs139.46 Billion INR

Market Cap Rank

#7360 Global

#340 in India

Share Price

Rs4417.70

Change (1 day)

+2.49%

52-Week Range

Rs3124.30 - Rs4417.70

All Time High

Rs4844.21