Ingersoll-Rand's Quality Grade Upgrade Reflects Strong Financial Performance and Competitive Edge

Ingersoll-Rand (India), a midcap player in the compressors, pumps, and diesel engines sector, has recently undergone an evaluation revision reflecting its strong financial performance. The company has demonstrated robust sales growth over the past five years, achieving a rate of 13.75%. Additionally, its EBIT growth during the same period stands at an impressive 32.67%, showcasing its operational efficiency.
The company's financial health is further underscored by a remarkable EBIT to interest ratio of 100.00, indicating a solid ability to cover interest expenses. Ingersoll-Rand maintains a low net debt position, with a debt to EBITDA ratio that suggests minimal leverage, complemented by a net debt to equity ratio of 0.00. This positions the company favorably compared to its peers, which include Elgi Equipments, KSB, Kirl. Brothers, and Shakti Pumps, all of which have shown good performance but do not match Ingersoll-Rand's financial metrics.

The company's return on capital employed (ROCE) and return on equity (ROE) are also noteworthy, at 59.65% and 26.50%, respectively. These indicators reflect a strong capacity for generating returns relative to capital and equity. Overall, Ingersoll-Rand's recent evaluation adjustment highlights its competitive standing within the industry, particularly in comparison to its peers.