Indef Manufacturing
- Market cap
- ₹ 593 Cr.
- P/E
- 24.8x
- P/B
- 2.23x
- 52-week range
- 171 – 421
- ROE
- 9%
- ROCE
- 9%
- Dividend yield
- 1.1%
- Debt / equity
- 0.02
- Sector
- Industrial Manufacturing
- Industry
- Industrial Products
- Listed on
- NSE, BSE
About
Indef Manufacturing Limited is an India-based company, which is engaged in the business of manufacturing hoists, cranes and other material handling equipment, such as the business of specifically the manufacturing business. Its flagship products include Indef M, Indef C, DGEOT Crane, iR Series, IStacker, Electric Chain Hoist HC+, Gantry Crane, WRH I II III Hoist, HW Series, Indef R, Roll Out Racks, Electric Chain Hoist EH II (Baby), and others. Its offerings include ergonomic handling solutions, ergonomic handling solutions, material handling, manual hoists, EOT cranes manufacturers, storage and retrieval, storage and retrieval, and others. Its Double Girder EOT crane is armed with two cross-beams or girders on which the crab/trolley operates using a cross movement. Its product ranges from 50T to 70T with a span up to 35 meters. It serves various industries, including oil and gas, engineering, auto and auto ancillary, cement, metals and other industries.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Products: 186 companies →Indef Manufacturing against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)24.8 against a typical 29.9: cheaper than most peers (1st = cheapest).78th of 184
- Sales growth−13.2% against a typical +20.3% from a year earlier.122nd of 147
- Profit growth−2.7% against a typical +9.4% from a year earlier.73rd of 121
- Share price, 3 months−23.2% against a typical −3.4%.143rd of 164
- Size₹ 592.7 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).65th of 176
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 2 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the quarter and half year ended September 30, 2026 |
| 12 Aug 2026 | Financial Results | To approve un-audited standalone and consolidated financial results for the first quarter ended June 30, 2026. |
| 25 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and The recommendation of the Final Dividend, if any, for the Financial Year 2025-26 |
| 10 Feb 2026 | Financial Results | To consider and approve the unaudited financial results (Standalone & Consolidated) of the Company for the quarter and nine months ended December 31, 2025. |
| 12 Nov 2025 | Financial Results | Intimation of Board Meeting Scheduled on November 12, 2025 to consider and approve un-audited financial results (Standalone & Consolidated) of the Company for the quarter and half year ended September 30, 2025. |
| 12 Aug 2025 | Financial Results | To consider and approve the un-audited financial results (Standalone & Consolidated) of the Company for the first quarter ended June 30, 2025 |
| 27 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend if any |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 43 | 45 | 53 | 40 | 49 | 51 | 68 | 34 |
| Expenses | 36 | 37 | 42 | 36 | 43 | 47 | 59 | 35 |
| Operating Profit | 7 | 7 | 11 | 4 | 6 | 4 | 9 | −1 |
| OPM % | 15.9% | 16.7% | 20.2% | 9.3% | 12.7% | 8.1% | 13.5% | −2.8% |
| Other Income | 6 | 3 | 4 | 5 | 3 | 4 | −5 | 9 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 |
| Profit before tax | 11 | 9 | 14 | 8 | 7 | 7 | 2 | 6 |
| Tax % | −1% | 25% | 25.5% | 25.2% | 16.2% | 29.2% | −203.2% | 12.7% |
| Net Profit | 11 | 7 | 10 | 6 | 6 | 5 | 7 | 6 |
| EPS in Rs | — | 2.19 | 3.17 | 1.77 | 1.96 | 1.53 | 2.13 | 1.72 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- 12%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- −31%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Indef Manufacturing | ₹ 180.23 | ₹ 593 Cr. | 24.8x | 2.2x | 9% | — |
| Bharat Heavy Electricals | ₹ 387.00 | ₹ 1,34,756 Cr. | 92.4x | 5.6x | — | 6.8% |
| Suzlon Energy | ₹ 37.40 | ₹ 51,409 Cr. | 22.8x | 7.5x | 40.6% | 19% |
| Thermax | ₹ 3,095.60 | ₹ 36,999 Cr. | 73.4x | 10x | 13.7% | 6.7% |
| Voltas | ₹ 950.00 | ₹ 31,434 Cr. | 112.5x | 7x | 5.8% | 3.5% |
| AIA Engineering | ₹ 3,588.70 | ₹ 33,490 Cr. | 34.1x | 5.4x | 17% | 28.7% |
Management
- Bijay Kumar Agarwal
- Chief Financial Officer
- Vineesh Vijayan Thazhumpal
- Company Secretary, Compliance Officer
- Debi Prasad Padhy
- Vice President - Sales Direct and Export
- Amit Bhalla
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.