Ingersoll Rand (India) Limited reported a 4.2% increase in revenue from operations to ₹13,923.7 crore for the financial year ended March 31, 2026, compared to ₹13,362.9 crore in the previous year. The company’s profit after tax for the period stood at ₹256.2 crore, a decrease from the prior year’s ₹267.5 crore, primarily attributed to an exceptional expense of ₹11.8 crore.

The exceptional item arose from the recognition of past service costs following the government’s notification of new labour codes, including the Code on Wages, 2019, and the Industrial Relations Code, 2020. Despite this one-time impact, the company’s profit before tax was recorded at ₹343.4 crore.

The Board of Directors has recommended a final dividend of ₹20 per equity share for the financial year ended March 31, 2026, subject to shareholder approval. This follows an interim dividend of ₹55 per equity share paid during the year. The company continues to maintain a debt-free position with adequate cash reserves to meet its capital expenditure and operational requirements.

Financial Performance

The company’s Air Solutions segment, which constitutes its sole operational segment, drove the revenue growth. Management noted that demand was supported by industrial activity, infrastructure investments, and growth in sectors such as pharmaceuticals and food processing. The company also highlighted the completion of its new manufacturing facility at Sanand, Gujarat, which was inaugurated in October 2025 and is expected to contribute to volumes in the coming financial year.

Operational Highlights

During the year, the company focused on local innovation and expanding its product portfolio, including the launch of the “Champion” brand for cost-conscious customers and the introduction of high-efficiency variable speed motors. The company also strengthened its digital business strategy through the adoption of its Ecoplant solution for compressed air system monitoring.

The company’s internal financial controls were found to be adequate and operating effectively, as affirmed by the statutory auditors. The Board has appointed M/s. Govindraj Akshay & Associates as Secretarial Auditors for a term of five years, subject to shareholder approval.

Ingersoll Rand (India) Limited has fixed Monday, July 13, 2026, as the record date to determine shareholders eligible for its proposed final dividend of ₹20 per share. The payout, recommended by the Board of Directors for the financial year ended March 31, 2026, is contingent upon approval by shareholders at the ensuing Annual General Meeting. If approved, the dividend will be paid on August 24, 2026, subject to tax deduction at source.

Dividend Details

The Board of Directors recommended a final dividend of ₹20 per equity share of ₹10 each, representing a 200% payout. The key parameters of the proposal are outlined below:

Shareholder Eligibility

Shareholders holding shares in physical form must have their names in the Register of Members as of the close of business hours on July 13, 2026. For shares held in dematerialized form, eligibility will be determined based on the list of beneficial owners provided by the depositories as of the same date. The recommendation was made during the Board meeting held on May 29, 2026.