Market Data
Market Cap₹694.4 Cr.
52W High₹449
Current Price₹217
52W Low₹207
Down from 52W High51.7 %
Face Value₹1
Performance
ROCE8.55 %
ROE8.7 %
EPS (TTM)₹1.72
EPS Prev Qtr₹2.13
EPS Last Year₹1.96
EBITDA Qtr₹-2.39 Cr.
Book Value₹84
Financial Health
Debt/Equity0
Debt/Profit0
Total Assets₹332.23 Cr.
Dividend Yield0.92 %
Promoter Holding69.61 %
Earning Power3.62 %
Valuation
Stock P/E29.56
Industry P/E34.1
Price to Book2.57
Price to Sales3.43
Graham Number₹118.09
Key Metrics
Face Value
₹1
About Indef Manufacturing Ltd
Capital Goods · Capital Goods-Non Electrical Equipment
Indef Manufacturing Ltd is listed on NSE in the Capital Goods / Capital Goods-Non Electrical Equipment sector. Face value ₹1. Market cap ₹694.4 Cr.
Price Chart
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| Cummins India Ltd | - | 56.44 | ₹1,33,588.22 Cr | 1.37% | ₹2,367.15 Cr | - | ₹12,662.38 Cr | - | 36.6% | 0 |
| Welspun Corp Ltd | - | 32.36 | ₹74,774.1 Cr | 0.18% | ₹2,319.21 Cr | - | ₹17,299.77 Cr | - | 27.27% | 0.24 |
| Indo-MIM Ltd | - | - | ₹61,763.14 Cr | - | - | - | - | - | - | 0.39 |
| APL Apollo Tubes Ltd | - | 49.47 | ₹60,807.19 Cr | 0.39% | ₹1,229.04 Cr | - | ₹23,064.55 Cr | - | 35.88% | 0.15 |
| Tube Investments of India Ltd | - | 77.2 | ₹46,846.44 Cr | 0.14% | ₹1,108.99 Cr | - | ₹23,753.7 Cr | - | 23.62% | 0.05 |
| Kirloskar Oil Engines Ltd | - | 64 | ₹34,953.7 Cr | 0.19% | ₹534.6 Cr | - | ₹7,936.74 Cr | - | 13.7% | 1.47 |
| Jyoti CNC Automation Ltd | - | 75.25 | ₹24,197.82 Cr | - | ₹321.72 Cr | - | ₹2,191.43 Cr | - | 18.46% | 0.42 |
| Carborundum Universal Ltd | - | 108.44 | ₹22,866.84 Cr | 0.21% | ₹187.75 Cr | - | ₹5,413.92 Cr | - | 7.99% | 0.08 |
| Grindwell Norton Ltd | - | 48.64 | ₹21,217.83 Cr | 0.99% | ₹437.67 Cr | - | ₹3,173.03 Cr | - | 23.31% | 0 |
| Ratnamani Metals & Tubes Ltd | - | 45.89 | ₹19,865.47 Cr | 0.35% | ₹514.36 Cr | - | ₹4,313.97 Cr | - | 15.73% | 0.07 |
| Elgi Equipments Ltd | - | 41.97 | ₹18,887.78 Cr | 0.45% | ₹447.9 Cr | - | ₹4,146.2 Cr | - | 23.64% | 0.18 |
| Jindal Saw Ltd | - | 27.09 | ₹17,755.95 Cr | 0.72% | ₹600.65 Cr | - | ₹18,262.8 Cr | - | 8.43% | 0.32 |
| Graphite India Ltd | - | 73.59 | ₹15,700.38 Cr | 0.87% | ₹209 Cr | - | ₹3,029 Cr | - | 5.11% | 0.06 |
| Tega Industries Ltd | - | 544 | ₹15,489.45 Cr | 0.1% | ₹-0.93 Cr | - | ₹3,059.28 Cr | - | 10.52% | 0.19 |
| Lloyds Engineering Works Ltd | - | 59.03 | ₹15,116.79 Cr | 0.24% | ₹193.81 Cr | - | ₹1,611.28 Cr | - | 15.08% | 0.02 |
| Kirloskar Brothers Ltd | - | 39.45 | ₹14,729.56 Cr | 0.38% | ₹357.4 Cr | - | ₹4,663.9 Cr | - | 18.14% | 0.08 |
| Action Construction Equipment Ltd | - | 32.83 | ₹14,350.12 Cr | 0.17% | ₹436.87 Cr | - | ₹3,414.04 Cr | - | 37.02% | 0.01 |
| KSB Ltd | - | 58.26 | ₹14,297.32 Cr | - | ₹245.5 Cr | - | ₹2,725.6 Cr | - | 19.71% | 0 |
| Ingersoll-Rand (India) Ltd | - | 49.5 | ₹13,241.83 Cr | 1.79% | ₹267.51 Cr | - | ₹1,456.51 Cr | - | 58.5% | 0 |
| Titagarh Rail Systems Ltd | - | 57.79 | ₹11,043.25 Cr | 0.12% | ₹188.36 Cr | - | ₹3,271.59 Cr | - | 11.26% | 0.22 |
Quarterly Results
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Sales | 49.31 | 50.64 | 68.04 | 34.46 |
| ↳ QoQ Growth | - | +2.7% | +34.4% | -49.4% |
| Expenses | 44.47 | 47.96 | 61.13 | 36.85 |
| Operating Profit | 4.84 | 2.68 | 6.91 | -2.39 |
| OPM % | 9.82% | 5.29% | 10.16% | -6.94% |
| Other Income | 2.7 | 4.58 | -4.39 | 8.77 |
| Interest | 0.11 | 0.08 | 0.08 | 0.1 |
| Depreciation | 1.45 | 1.42 | 2.26 | 1.41 |
| EBITDA | 6.29 | 4.1 | 9.17 | -0.98 |
| EBITDA Margin % | 12.76% | 8.1% | 13.48% | -2.84% |
| Profit Before Tax | 7.42 | 6.79 | 2.2 | 6.28 |
| Tax % | 16.17% | 29.01% | -204.09% | 12.74% |
| Net Profit | 6.22 | 4.82 | 6.7 | 5.48 |
| ↳ QoQ Growth | - | -22.5% | +39.0% | -18.2% |
| EPS | 1.96 | 1.53 | 2.13 | 1.72 |
Balance Sheet
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 3.2 | 3.2 |
| Reserves | 249.7 | 266.5656 |
| Borrowings | 3.87 | 0 |
| Other Liabilities | 44.63 | 62.46 |
| Total Liabilities | 301.4 | 332.23 |
| Fixed Assets | 30.03 | 45.6175 |
| CWIP | 2.45 | 0.1726 |
| Investments | 198.6 | 209.62 |
| Other Assets | 70.32 | 76.82 |
| Total Assets | 301.4 | 332.23 |
Cash Flows
| Mar 2026 | |
|---|---|
| Cash from Operating Activity | 23.5212 |
| Cash from Investing Activity | -14.5272 |
| Cash from Financing Activity | -8.9578 |
| Net Cash Flow | 0.0362 |
Shareholding Pattern
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Promoters % | 69.61% | 69.61% | 69.61% | 69.61% |
| FIIs % | 1.56% | 1.56% | 1.57% | 1.11% |
| DIIs % | 0% | 0% | 0.13% | 0% |
| Public % | 20.82% | 20.73% | 20.64% | 21.27% |
| No. of Shareholders | 20,682 | 20,163 | 19,622 | 19,479 |
Major Shareholders (>1%)
- Bajaj Holdings And Investment LtdPromoter and Promoter Group19.53%
- Jamnalal Sons Private LimitedPromoter and Promoter Group19.35%
- Bajaj Sevashram Private LimitedPromoter and Promoter Group5.84%
- Heinrich De Fries GmbhPublic Shareholding5.00%
As of 2026-06-30View all shareholders →