Indef Manufacturing Ltd
- Market Cap ₹ 760 Cr.
- Current Price ₹ 238
- High / Low ₹ 581 / 207
- Stock P/E 31.6
- Book Value ₹ 84.3
- Dividend Yield 0.84 %
- ROCE 9.45 %
- ROE 9.20 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company's working capital requirements have reduced from 36.0 days to 22.1 days
Cons
- Stock is trading at 2.82 times its book value
- Tax rate seems low
* 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 Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 179 | 208 | |
| 148 | 184 | |
| Operating Profit | 31 | 23 |
| OPM % | 17% | 11% |
| 17 | 8 | |
| Interest | 0 | 0 |
| Depreciation | 5 | 6 |
| Profit before tax | 42 | 24 |
| Tax % | 19% | 2% |
| 34 | 24 | |
| EPS in Rs | 10.68 | 7.38 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 3 | 3 |
| Reserves | 250 | 267 |
| 4 | 3 | |
| 45 | 60 | |
| Total Liabilities | 301 | 332 |
| 35 | 46 | |
| CWIP | 2 | 0 |
| Investments | 199 | 210 |
| 66 | 77 | |
| Total Assets | 301 | 332 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 5 | 24 | |
| -10 | -15 | |
| -2 | -9 | |
| Net Cash Flow | -7 | 0 |
| Free Cash Flow | -4 | 18 |
| CFO/OP | 33% | 132% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 65 | 56 |
| Inventory Days | 85 | 102 |
| Days Payable | 89 | 107 |
| Cash Conversion Cycle | 62 | 51 |
| Working Capital Days | 50 | 22 |
| ROCE % | 9% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Revenue from Sale of Chain Pulley Blocks, Hoists, Trolleys, Stackers Rs. Lakhs ・Standalone data |
|
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| Revenue from Sale of Cranes Rs. Lakhs ・Standalone data |
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| Revenue from Sale of Spares Rs. Lakhs ・Standalone data |
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| Trade Receivables Turnover Ratio Times ・Standalone data |
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| Employee Strength (Permanent Employees) Numbers ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
26 May - Indef Manufacturing filed its FY26 Annual Secretarial Compliance Report on May 26, 2026; no non-compliances observed.
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Corporate Action-Board approves Dividend
25 May - Board approved FY26 audited results, recommended Rs.2 dividend, fixed AGM on Aug 12, 2026.
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Record Date For Dividend And AGM
25 May - Record date fixed for final dividend and AGM eligibility on August 5, 2026; AGM on August 12, 2026.
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Audited Financial Results Of The Company
25 May - FY26 audited results approved; Rs 2 final dividend, AGM on Aug 12, 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
25 May - FY26 audited results approved; Rs 2 final dividend recommended; AGM on August 12, 2026.
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]