Company Overview
Ingersoll-Rand (India) Limited (BSE: 500210, NSE: INGERAND EQ) reported its FY2025-26 financial results and announced its 104th Annual General Meeting scheduled for August 14, 2026.
Financial Performance
Revenue from operations increased 4.2% to ₹13,923.7 lakhs (₹139.24 crores) while total income reached ₹14,307.97 crores. Net profit stood at ₹256.03 crores, though profitability declined due to an exceptional item of ₹11.8 lakhs from labor code implementation impacts. EPS was ₹81.10 compared to ₹84.74 in the previous year.
Dividend Declaration
The company declared a final dividend of ₹20 per equity share (face value ₹10 each) for FY2025-26, payable out of profits. This follows an interim dividend of ₹55 per share already paid on November 14, 2025. The total dividend payout for FY26 amounts to ₹80 per share.
AGM and Corporate Governance
The 104th AGM will be held virtually on August 14, 2026, to approve financial statements, declare the final dividend, reappoint director Mr. Gareth Robert Topping, and seek approval for material related party transactions with Industrial Technologies LLC worth ₹225 crores for FY2026-27. The company also proposes appointing M/s. Govindraj Akshay & Associates as Secretarial Auditors for 5 years.
Sustainability and ESG Initiatives
The company demonstrated strong ESG commitment with environmental initiatives including energy savers reducing 140,000 KWh annually and organic waste composting generating 1,500 kg manure. CSR expenditure totaled ₹61.09 crores benefiting 81,873 persons, with 100% from vulnerable groups across skill development, healthcare, and education programs. TV Rheinland provided independent limited assurance on BRSR Core disclosures with no material misstatements found.
Operational Highlights
The company inaugurated a new manufacturing facility in Sanand, Gujarat in October 2025, with production at low scale begun. Capital work-in-progress stood at ₹295.415 crores, mainly for the Sanand plant project. Property, plant and equipment additions totaled ₹963.777 crores.
Regulatory Compliance and Assurance
The company fully complied with SEBI's BRSR Core requirements and received an unmodified audit opinion from Deloitte Haskins & Sells. Internal financial controls were assessed as adequate and operating effectively. One instance of delayed filing of Secretarial Compliance Report resulted in a ₹30,000 fine.
Related Party Transactions and Tax Matters
Royalty expenses to fellow subsidiaries amounted to ₹438.179 crores, while sales to related parties reached ₹29,197.15 crores. Disputed tax amounts totaled ₹3,427.11 lakhs across income tax, service tax, GST, and sales tax matters, with ₹2,259.17 lakhs paid under protest.
Market and Shareholding
Outstanding capital remained at ₹3,156.80 lakhs comprising 31,568,000 equity shares, with 99.66% dematerialized as of March 31, 2026. MSME dues outstanding amounted to ₹228.826 crores to micro and small enterprises.