Elgi Equipments vs Ingersoll-Rand: Share Price, Valuation and Results Compared

Elgi Equipments Ltd. (NSE: ELGIEQUIP) and Ingersoll-Rand (India) Ltd. (NSE: INGERRAND) are both listed in the Compressors and Air Systems industry. Elgi Equipments has a market capitalisation of ₹16,538 Cr and Ingersoll-Rand ₹13,334 Cr, as of 9 Nov 2026. Their P/E ratios are 38.5 and 52.1 respectively. Return on equity is 21.00% for Elgi Equipments and 41.80% for Ingersoll-Rand. Over one year, Elgi Equipments's share price is up 11.6% and Ingersoll-Rand's is up 4.7%.

Elgi Equipments vs Ingersoll-Rand — Key Figures

MetricElgi EquipmentsIngersoll-Rand
NSE SymbolELGIEQUIPINGERRAND
BSE Code522074500210
Share Price₹553.00₹3,958.10
Market Cap₹16,538 Cr₹13,334 Cr
P/E Ratio38.552.1
Return on Equity21.00%41.80%
Return on Assets9.45%21.87%
Dividend Yield0.51%0.95%
Beta (1Y)0.570.66
1-Year Price Change+11.6%+4.7%
3-Month Price Change-5.1%-7.3%
52-Week Range₹408.25 – ₹653.40₹3,063.30 – ₹4,955.00
Latest QuarterQ2 FY27Q2 FY27
Quarterly Revenue₹1,134 Cr₹398 Cr
Quarterly Net Profit₹128 Cr₹66 Cr
Net Margin11.3%16.6%
EPS (Basic, Quarter)₹4.07₹20.86
Results Basisconsolidatedstandalone
HeadquartersCoimbatore, Tamil NaduBengaluru, Karnataka

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

Elgi Equipments Ltd.

Elgi Equipments Limited manufactures and sells air compressors and related parts in India, Europe, Australia, the United States, and internationally. It operates through two segments, Air Compressors and Automotive Equipments. The company offers oil lubricated screw and piston air compressors, oil free piston and screw air compressors, rotary and reciprocating air compressors, diesel and electric portable air compressors, railway air compressors, heat recovery systems, and medical air compressors and vacuum pumps, as well as air accessories; air compressor parts, filters and separators, lubric…

Ingersoll-Rand (India) Ltd.

Ingersoll-Rand (India) Limited manufactures and sells industrial air compressors and related services in India. The company offers heatless desiccant dryer; heat of compression dryers; high pressure air compressors; small and large reciprocating air-cooled and water-cooled; contact cooled rotary screw and oil free rotary screw; engine driven and centrifugal compressors; and cycling and non-cycling refrigerated dryers. It sells its products under the NASH, CompAir, Ingersoll Rand, Gardner Denver, ARO, Thomas, MILTON ROY, EMCO WHEATON, Elmo Rietschle, ROBUSCHI, Runtech Systems, EVEREST, and ILC …

Frequently Asked Questions

Which is larger by market cap, Elgi Equipments or Ingersoll-Rand?

Elgi Equipments has a market capitalisation of ₹16,538 Cr, against ₹13,334 Cr for Ingersoll-Rand as of 9 Nov 2026, about 1.2 times the size by market cap.

What is the P/E ratio of Elgi Equipments and Ingersoll-Rand?

Elgi Equipments has a P/E of 38.5 and Ingersoll-Rand a P/E of 52.1 as of 9 Nov 2026.

What is the return on equity of Elgi Equipments and Ingersoll-Rand?

Elgi Equipments has a return on equity of 21.00% and Ingersoll-Rand 41.80%.

How have Elgi Equipments and Ingersoll-Rand shares moved over one year?

Elgi Equipments's share price is up 11.6% over one year and Ingersoll-Rand's is up 4.7%.

What were the latest quarterly results of Elgi Equipments and Ingersoll-Rand?

Elgi Equipments reported revenue of ₹1,134 Cr and net profit of ₹128 Cr for Q2 FY27. Ingersoll-Rand reported revenue of ₹398 Cr and net profit of ₹66 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.

Which industry are Elgi Equipments and Ingersoll-Rand in?

Both are classified under Machinery > Industrial Machinery and Supplies and Components > Compressors and Air Systems on FinBizNet.

Is this comparison a recommendation to buy or sell Elgi Equipments or Ingersoll-Rand?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

More on FinBizNet

Data as of 9 Nov 2026. Descriptive market data only — not investment advice.