Indo Farm Equipment Ltd
INDOFARM NSE
Indo Farm Equipment Ltd
AutomobilesNSE: INDOFARM BSE: 544328 Tractors
Key Fundamentals
MicrocapTractorsAutomobilesMarket Cap
₹685 Cr
Volatility
Moderate
P/E Ratio
26.97
EBITDA
₹58.08 Cr
Return on Equity
4.43%
Debt to Equity
0.27
Book Value
₹115.81
52W High
₹271.69
52W Low
₹110.7
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Indo Farm Equipment Ltd insights
34 extracted metrics + investor summaries across FY20–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Weaknesses
2- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.01% over last 3 years.
Growth Rate
Revenue Growth
12.88% ↗
Net Income Growth
8.64% ↗
Cash Flow Change
30.61% ↗
ROE
-8.85% ↗
ROCE
-34.04% ↘
EBITDA Margin (Avg.)
-16.71% ↗
Quarterly Results
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 74.96 | 86.09 | 96.17 | 130 | 96.26 | 104 | 106 | 134 | 110 |
| Expenses | 62.88 | 73.15 | 81.34 | 112 | 83.09 | 91.13 | 92.35 | 115 | 95.78 |
| Operating Profit | 12.08 | 12.94 | 14.83 | 18.43 | 13.17 | 12.76 | 13.52 | 18.62 | 14.46 |
| OPM % | 16.12% | 15.03% | 15.42% | 14.18% | 13.68% | 12.28% | 12.77% | 13.9% | 13.12% |
| Other Income | 0.58 | 0.3 | 0.14 | 1.61 | 1.75 | 1.86 | 1.76 | 1.17 | 1.05 |
| Interest | 6.34 | 5.89 | 6.53 | 5.16 | 4.41 | 4.41 | 4.38 | 4.25 | 4.05 |
| Depreciation | 2.57 | 2.49 | 2.75 | 3 | 2.99 | 3.04 | 3.04 | 3.18 | 3.62 |
| PBT | 3.75 | 4.86 | 5.69 | 11.88 | 7.52 | 7.17 | 7.86 | 12.36 | 7.84 |
| Tax % | 34.4% | 25.93% | 30.05% | -13.8% | 27.66% | 30.4% | 29.26% | 29.53% | 27.81% |
| Net Profit | 2.45 | 3.6 | 3.98 | 13.51 | 5.43 | 4.98 | 5.56 | 8.72 | 5.66 |
| EPS in Rs | 0.62 | 0.91 | 1.01 | 2.81 | 1.13 | 1.04 | 1.16 | 1.81 | 1.18 |
Profit & Loss
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 245 | 244 | 320 | 356 | 360 | 368 | 440 | 454 |
| Expenses | 211 | 203 | 266 | 297 | 299 | 310 | 382 | 395 |
| Operating Profit | 34 | 41 | 54 | 59 | 62 | 58 | 58 | 59 |
| OPM % | 14% | 17% | 17% | 17% | 17% | 16% | 13% | 13% |
| Other Income | 2 | 0 | -2 | 0 | 1 | 3 | 7 | 6 |
| Interest | 20 | 21 | 24 | 28 | 28 | 24 | 17 | 17 |
| Depreciation | 8 | 8 | 9 | 9 | 10 | 11 | 12 | 13 |
| PBT | 8 | 12 | 19 | 22 | 24 | 26 | 35 | 35 |
| Tax % | 39% | 29% | 29% | 31% | 36% | 10% | 29% | — |
| Net Profit | 5 | 8 | 14 | 15 | 15 | 24 | 25 | 25 |
| EPS in Rs | 5.26 | 9.04 | 7.31 | 8.19 | 4.1 | 4.9 | 5.14 | 5.19 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 19 | 19 | 38 | 48 | 48 |
| Reserves | 245 | 252 | 256 | 272 | 280 | 483 | 508 |
| Borrowings | 198 | 235 | 275 | 281 | 272 | 173 | 150 |
| Other Liabilities | 34 | 55 | 70 | 52 | 59 | 57 | 64 |
| Total Liabilities | 486 | 551 | 620 | 623 | 648 | 762 | 770 |
| Fixed Assets | 172 | 184 | 194 | 206 | 202 | 214 | 211 |
| CWIP | 18 | 14 | 20 | 8 | 5 | 9 | 29 |
| Investments | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Other Assets | 296 | 353 | 405 | 408 | 441 | 539 | 530 |
| Total Assets | 486 | 551 | 620 | 623 | 648 | 762 | 770 |
Cash Flow
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Operating | 28 | 1 | 10 | 30 | 41 | 53 | 30 |
| Investing | -15 | -16 | -26 | -8 | -3 | -75 | 25 |
| Financing | -13 | 15 | 16 | -22 | -26 | 68 | -41 |
| Net Cash Flow | 0 | 1 | 0 | 0 | 12 | 46 | 14 |
| Free Cash Flow | 11 | -15 | -15 | 21 | 38 | 26 | 0 |
| CFO/OP | 88 | 7 | 22 | 61 | 73 | 100 | 61 |
Ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 101 | 111 | 82 | 76 | 106 | 107 | 99 |
| Inventory Days | 345 | 347 | 299 | 264 | 273 | 279 | 252 |
| Days Payable | 48 | 84 | 86 | 50 | 58 | 52 | 44 |
| Cash Conversion Cycle | 398 | 373 | 295 | 290 | 320 | 334 | 307 |
| Working Capital Days | 109 | 126 | 103 | 92 | 104 | 184 | 179 |
| ROCE % | — | 7% | 9% | 9% | 9% | 8% | 7% |
Documents
1
Clarification sought from Indo Farm Equipment Ltd
19 Jun - Exchange has sought clarification from Indo Farm Equipment Ltd on June 19, 2026, with reference to Movement in Volume. 19 Jun - Exchange has sought clarification from Indo Farm Equipment Ltd on June 19, 2026, with reference to Movement in Volume.
2
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Certificate under regulation 74(5) of the SEBI (Depositories & Participate ) Regulation 2028. 8 Apr - Certificate under regulation 74(5) of the SEBI (Depositories & Participate ) Regulation 2028.
3
Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations')- Increase In 'Promoter/Promoter Group' Shareholding In The Company.
30 Mar - Promoters acquired 135,203 shares on Mar 27 and Mar 30, 2026; promoter stake rose to 70.62%. 30 Mar - Promoters acquired 135,203 shares on Mar 27 and Mar 30, 2026; promoter stake rose to 70.62%.
4
Closure of Trading Window
30 Mar - Trading window closed 01-Apr-2026 until 48 hours after audited results for quarter/year ended 31-Mar-2026. 30 Mar - Trading window closed 01-Apr-2026 until 48 hours after audited results for quarter/year ended 31-Mar-2026.
5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
12 Feb - Audio recording of Q3 FY26 earnings call (quarter and nine months ended Dec 31, 2025) posted Feb 12, 2026. 12 Feb - Audio recording of Q3 FY26 earnings call (quarter and nine months ended Dec 31, 2025) posted Feb 12, 2026.
Frequently Asked Questions about Indo Farm Equipment Ltd
What does Indo Farm Equipment Ltd do?
Incorporated in 1994, Indo Farm Equipment Limited is engaging in manufacturing Tractors, Pick & Carry Cranes, and other harvesting equipment.[1]
Where is Indo Farm Equipment Ltd (INDOFARM) listed?
Indo Farm Equipment Ltd is listed on the Indian stock exchanges. It is listed on NSE: INDOFARM and BSE: 544328. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Indo Farm Equipment Ltd belong to?
Indo Farm Equipment Ltd operates in the Automobiles sector within the Tractors industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Indo Farm Equipment Ltd?
Indo Farm Equipment Ltd has a market capitalisation of approximately ₹684.78 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Indo Farm Equipment Ltd?
The Price-to-Earnings (PE) ratio of Indo Farm Equipment Ltd is 26.97. 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 Indo Farm Equipment Ltd?
Over the past 52 weeks, Indo Farm Equipment Ltd has traded between a low of ₹110.7 and a high of ₹271.69. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Indo Farm Equipment Ltd?
Indo Farm Equipment Ltd has a Return on Equity (ROE) of 4.43%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Indo Farm Equipment Ltd on Tapetide?
On Tapetide, you can view Indo Farm Equipment 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 1994, Indo Farm Equipment Limited is engaging in manufacturing Tractors, Pick & Carry Cranes, and other harvesting equipment.[1]