$INGERRAND Powering Industrial Progress

Ingersoll Rand India $INGERRAND reported 19.4% YoY revenue growth to ₹455.5 crore in Q3 FY26, driven by robust demand for industrial compressors. Management highlighted record quarterly production of large centrifugal and oil-free rotary compressors, supported by strong order inflows from power, renewables, semiconductors, electronics, and steel sectors. Management remains optimistic as the global industrial air compressor market is expected to grow at a 5–7% CAGR, driven by industrial automation, manufacturing expansion, and the shift toward energy-efficient compressed air systems. The ramp-up of the new Sanand facility and a growing aftermarket service business further strengthen the company's long-term growth outlook.