Indef Manufacturing Ltd
- Market Cap ₹ 1,083 Cr.
- Current Price ₹ 339
- High / Low ₹ 581 / 199
- Stock P/E 36.4
- Book Value ₹ 80.8
- Dividend Yield 0.59 %
- 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.15.7 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 SmallCap 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 | 182 | |
| 0 | 150 | 146 | 153 | |
| Operating Profit | -0 | 29 | 31 | 29 |
| OPM % | 11% | 16% | 17% | 16% |
| 0 | 13 | 17 | 16 | |
| Interest | 0 | 1 | 0 | 0 |
| Depreciation | 0 | 4 | 5 | 5 |
| Profit before tax | -0 | 38 | 42 | 39 |
| Tax % | 0% | 28% | 19% | |
| -0 | 27 | 34 | 30 | |
| EPS in Rs | 10.70 | 9.30 | ||
| 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: | -13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| 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
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. November 12, 2025
12 Nov - Q2/H1 results approved (Sept 30, 2025); Q2 income Rs5,065l; acquired 80% of Daedalus (22 Aug 2025)
-
Board Meeting Intimation for Intimation Of Board Meeting
5 Nov - Board meeting Nov 12, 2025 to approve unaudited results for quarter/H1 ended Sep 30, 2025.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Oct
-
Closure of Trading Window
26 Sep - Trading window closed Oct 1, 2025 until 48 hours after unaudited results for quarter/half ending Sep 30, 2025.
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
9 Sep - Acquired 80% of Daedalus on Sep 09, 2025 for Rs 5,07,80,042; Rs30L retained.
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]