Indef Manufacturing Ltd
BAJAJINDEF NSE
Indef Manufacturing Ltd
Capital GoodsNSE: BAJAJINDEF BSE: 544364 Industrial Products
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsMarket Cap
₹712 Cr
Volatility
Moderate
P/E Ratio
30.34
EBITDA
₹31.50 Cr
Return on Equity
8.7%
Debt to Equity
0.01
Book Value
₹84.3
52W High
₹442.6
52W Low
₹207.25
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Indef Manufacturing Ltd insights
46 extracted metrics + investor summaries across FY18–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company has reduced debt.
- Company is almost debt free.
- Company's working capital requirements have reduced from 36.0 days to 22.1 days
Weaknesses
3- Stock is trading at 2.64 times its book value
- Tax rate seems low
- Earnings include an other income of Rs.11.0 Cr.
Growth Rate
Revenue Growth
10.38% ↗
Net Income Growth
-31.58% ↘
Cash Flow Change
387.97% ↗
ROE
-35.60% ↘
ROCE
-44.23% ↘
EBITDA Margin (Avg.)
-40.07% ↘
Quarterly Results
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 42.77 | 44.74 | 52.98 | 39.71 | 49.31 | 50.64 | 68.04 | 34.46 |
| Expenses | 35.97 | 37.27 | 42.3 | 36 | 43.03 | 46.54 | 58.87 | 35.44 |
| Operating Profit | 6.8 | 7.47 | 10.68 | 3.71 | 6.28 | 4.1 | 9.17 | -0.98 |
| OPM % | 15.9% | 16.7% | 20.16% | 9.34% | 12.74% | 8.1% | 13.48% | -2.84% |
| Other Income | 5.84 | 3.3 | 4.29 | 5.3 | 2.7 | 4.19 | -4.62 | 8.77 |
| Interest | 0.11 | 0.1 | 0.09 | 0.1 | 0.11 | 0.08 | 0.08 | 0.1 |
| Depreciation | 1.36 | 1.33 | 1.29 | 1.34 | 1.45 | 1.42 | 2.26 | 1.41 |
| PBT | 11.17 | 9.34 | 13.59 | 7.57 | 7.42 | 6.79 | 2.21 | 6.28 |
| Tax % | -0.98% | 24.95% | 25.46% | 25.23% | 16.17% | 29.16% | -203.17% | 12.74% |
| Net Profit | 11.28 | 7.02 | 10.13 | 5.65 | 6.26 | 4.9 | 6.82 | 5.5 |
| EPS in Rs | — | 2.19 | 3.17 | 1.77 | 1.96 | 1.53 | 2.13 | 1.72 |
Profit & Loss
| Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|
| Sales | 179 | 208 | 202 |
| Expenses | 148 | 184 | 184 |
| Operating Profit | 31 | 23 | 19 |
| OPM % | 17% | 11% | 9% |
| Other Income | 17 | 8 | 11 |
| Interest | 0 | 0 | 0 |
| Depreciation | 5 | 6 | 7 |
| PBT | 42 | 24 | 23 |
| Tax % | 19% | 2% | — |
| Net Profit | 34 | 23 | 23 |
| EPS in Rs | 10.68 | 7.38 | 7.34 |
| Div. Payout % | 0% | 27% | — |
Balance Sheet
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 3 | 3 |
| Reserves | 250 | 267 |
| Borrowings | 4 | 3 |
| Other Liabilities | 45 | 60 |
| Total Liabilities | 301 | 332 |
| Fixed Assets | 35 | 46 |
| CWIP | 2 | 0 |
| Investments | 199 | 210 |
| Other Assets | 66 | 77 |
| Total Assets | 301 | 332 |
Cash Flow
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Operating | 5 | 24 |
| Investing | -10 | -15 |
| Financing | -2 | -9 |
| Net Cash Flow | -7 | 0 |
| Free Cash Flow | -4 | 18 |
| CFO/OP | 33 | 132 |
Ratios
| 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% |
Documents
1
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Apr - Submission of Newspaper Advertisement published on April 16, 2026 informing the shareholders regarding postal ballot notice. 16 Apr - Submission of Newspaper Advertisement published on April 16, 2026 informing the shareholders regarding postal ballot notice.
5
Announcement under Regulation 30 (LODR)-Change in Management
6 Mar - Operations Head Kiran Prabhakar Matkar resigns; cessation effective March 12, 2026. 6 Mar - Operations Head Kiran Prabhakar Matkar resigns; cessation effective March 12, 2026.
Frequently Asked Questions about Indef Manufacturing Ltd
What does Indef Manufacturing Ltd do?
Incorporated in 2022, Indef Manufacturing
Ltd is in the manufacturing business[1]
Where is Indef Manufacturing Ltd (BAJAJINDEF) listed?
Indef Manufacturing Ltd is listed on the Indian stock exchanges. It is listed on NSE: BAJAJINDEF and BSE: 544364. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Indef Manufacturing Ltd belong to?
Indef Manufacturing Ltd operates in the Capital Goods sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Indef Manufacturing Ltd?
Indef Manufacturing Ltd has a market capitalisation of approximately ₹712.29 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Indef Manufacturing Ltd?
The Price-to-Earnings (PE) ratio of Indef Manufacturing Ltd is 30.34. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Indef Manufacturing Ltd?
Over the past 52 weeks, Indef Manufacturing Ltd has traded between a low of ₹207.25 and a high of ₹442.6. This range helps investors understand the stock's price volatility and recent trading levels.
Does Indef Manufacturing Ltd pay dividends?
Yes, Indef Manufacturing Ltd has a dividend yield of 0.91%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Indef Manufacturing Ltd?
Indef Manufacturing Ltd has a Return on Equity (ROE) of 8.70%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Indef Manufacturing Ltd on Tapetide?
On Tapetide, you can view Indef Manufacturing Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2022, Indef Manufacturing Ltd is in the manufacturing business[1]
Website indef.com
CEO Mr. Amit Bhalla
Employees 188
Listed 2025-02-25
Face Value ₹ 1
Issued Size 3,20,00,000
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