Case study

INGERRAND

Ingersoll Rand (India) Limited

Mixed signals1y model +6.6%

Each stock's 10,000-path forecast, rendered as light.

52Score

Ingersoll Rand (India) Limited (INGERRAND) Stock Analysis & Case Study

Is INGERRAND a good buy? The data-driven verdict.

Ingersoll Rand (India) Limited (INGERRAND) trades at ₹4,322,on the numbers it mixed signals, a Downstox Snapshot Score of 52/100.

On the numbers, Ingersoll Rand (India) Limited (INGERRAND) mixed signals, a Downstox Snapshot Score of 52/100, weighing expensive at 51.8× earnings, ROE of 43.0%, a 58% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

INGERRAND fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹13,645 Cr
Current price
₹4,322
P/E ratio
51.8×
P/B ratio
22.16×
Book value
₹195
Dividend yield
1.74%
ROCE
57.1%
ROE
43.0%
Piotroski F-Score
6/8

How INGERRAND ranks against the 2,373 companies in our screener

Is INGERRAND overvalued? INGERRAND P/E vs peers

INGERRAND trades at 51.8× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

INGERRAND share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of INGERRAND history (18%/yr drift, 31%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
INGERRAND 2027₹3,104₹4,606₹6,835+7%
INGERRAND 2028₹2,748₹4,908₹8,767+14%
INGERRAND 2029₹2,583₹5,231₹10,591+21%
INGERRAND 2030₹2,498₹5,574₹12,440+29%
INGERRAND 2031₹2,425₹5,940₹14,552+37%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability INGERRAND goes up, or doubles?

58%
Higher in 1 year
Modelled chance the price is above today in 12 months
68%
Higher in 5 years
Modelled chance the price is above today in 5 years
30%
Doubles in 5 years
Modelled chance of reaching ₹8,645 within 5 years

The bull case for INGERRAND

  • INGERRAND's return on equity of 43.0% ranks in the top 3% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • INGERRAND's return on capital employed of 57.1% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹10,591.

The bear case & risks

  • INGERRAND's P/E of 51.8x is lower than 25% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 22.2× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹2,583.

INGERRAND volatility & expected range, how bumpy is the ride?

Over the last 9.8 years INGERRAND compounded at 18%/year with annualized volatility of 31%. That volatility implies a 1-year 80% range of ₹3,104-₹6,835, the honest backbone behind any single price target.

INGERRAND price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
6.6%
80% range₹3,104-₹6,835
P(price ↑)58%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
21.0%
80% range₹2,583-₹10,591
P(price ↑)63%
P(price 2×)18%
5-Year Forecast
2031
₹0
Median (P50)
37.4%
80% range₹2,425-₹14,552
P(price ↑)68%
P(price 2×)30%

INGERRAND price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
INGERRAND simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds INGERRAND hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the INGERRAND price target & forecast page.

INGERRAND Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. INGERRAND scores 6/8, mixed financial health.

INGERRAND MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy INGERRAND with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
ZerodhaCHEAPEST30.39%3.3×
Groww30.49%3.3×
DhanCHEAPEST30.39%3.3×
Kotak Neo34.97%2.9×
Paytm Money30.69%3.3×
Pocketful30.64%3.3×
Fyers31.25%3.2×
Anand RathiCHEAPEST30.39%3.3×
Bajaj Broking31.00%3.2×
Share India30.46%3.3×

Compare every broker on the INGERRAND MTF page.

About Ingersoll Rand (India) Limited: sector, index & market-cap context

Ingersoll Rand (India) Limited (INGERRAND) is a small-cap NSE-listed company, with a market capitalisation of ₹13,645 Cr. See more stocks on our screener.

How the INGERRAND Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Ingersoll Rand (India) Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

INGERRAND analysis, FAQs

Is Ingersoll Rand (India) Limited (INGERRAND) a good buy?

On the numbers, Ingersoll Rand (India) Limited (INGERRAND) mixed signals, a Downstox Snapshot Score of 52/100, weighing expensive at 51.8× earnings, ROE of 43.0%, a 58% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is INGERRAND overvalued or undervalued?

INGERRAND trades at 51.8× earnings, expensive versus the ~22× long-run Nifty average.

What is the INGERRAND share price target for 2031?

INGERRAND's probability-weighted 2031 median target is ₹5,940, with an 80% range of ₹2,425-₹14,552 (10,000-path Monte-Carlo).

What is the probability INGERRAND doubles in 5 years?

The modelled probability of INGERRAND reaching ₹8,645 (2×) within 5 years is 30%.

What is the bull case for INGERRAND?

INGERRAND's return on equity of 43.0% ranks in the top 3% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. INGERRAND's return on capital employed of 57.1% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in INGERRAND?

INGERRAND's P/E of 51.8x is lower than 25% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 22.2× price-to-book means most of the value is intangible/expectations, not assets on the books.

More on INGERRAND