Indef Manufacturing Ltd
- Market Cap ₹ 759 Cr.
- Current Price ₹ 237
- High / Low ₹ 581 / 199
- Stock P/E 26.0
- Book Value ₹ 80.8
- Dividend Yield 0.84 %
- ROCE 17.7 %
- ROE 14.5 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Earnings include an other income of Rs.16.8 Cr.
- Debtor days have increased from 52.0 to 64.5 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 0 | 180 | 177 | 186 | |
| 0 | 150 | 146 | 160 | |
| Operating Profit | -0 | 29 | 31 | 26 |
| OPM % | 11% | 16% | 17% | 14% |
| 0 | 13 | 17 | 17 | |
| Interest | 0 | 1 | 0 | 0 |
| Depreciation | 0 | 4 | 5 | 5 |
| Profit before tax | -0 | 38 | 42 | 38 |
| Tax % | 0% | 28% | 19% | |
| -0 | 27 | 34 | 29 | |
| EPS in Rs | 10.70 | 9.03 | ||
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 3 | 3 | 3 |
| Reserves | -0 | 216 | 250 | 255 |
| 0 | 5 | 4 | 3 | |
| 0 | 53 | 44 | 48 | |
| Total Liabilities | 0 | 277 | 301 | 310 |
| 0 | 34 | 35 | 32 | |
| CWIP | 0 | 0 | 2 | 3 |
| Investments | 0 | 181 | 199 | 213 |
| 0 | 63 | 65 | 62 | |
| Total Assets | 0 | 277 | 301 | 310 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -0 | 29 | 5 | |
| 0 | -31 | -10 | |
| 0 | -2 | -2 | |
| Net Cash Flow | 0 | -3 | -7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 40 | 64 | |
| Inventory Days | 83 | 87 | |
| Days Payable | 84 | 87 | |
| Cash Conversion Cycle | 39 | 64 | |
| Working Capital Days | 6 | 51 | |
| ROCE % | 34% | 18% |
Documents
Announcements
- Results For The Quarter And Nine Months Ended December 31, 2025. 10 Feb
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. February 10, 2026.
10 Feb - Board approved unaudited Q3 and nine-month results; acquired 80% of Daedalus; labour-code impact Rs38.89 lakh.
-
Board Meeting Intimation for Intimation Under Regulation 29 Of The SEBI (LODR) Regulations, 2015
4 Feb - Board meeting on Feb 10, 2026 to approve unaudited Q3 and nine-month results ended Dec 31, 2025.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5 Jan
- Closure of Trading Window 25 Dec 2025
Product Categories:
a) EOT Cranes[1]
b) Manual Hoists[2]
c) Storage and Retrieval[3]
d) Wire Rope Hoist[4]
e) Material Handling[5]
f) Electric Chain Hoists[6]
g) Ergonomic Handling Solutions[7]
h) Overhead Crane[8]