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INDO FARM EQUIPMENT LTD

INDO FARM EQUIPMENT LTD

NSE: INDOFARM
Farm & Heavy Construction MachineryIndustrialsSMALL CAPMCap ₹629.9 Cr
₹131.08₹2.06 (+1.60%)

Market Closed • NSE

Market cap₹629.9 Cr
Enterprise value₹691.9 Cr
P/E TTM25.26
P/B1.13
EPS TTM₹5.19
ROCE7.70%
D/E0.27
Dividend yield0.00%
Face value₹10.00
52W high₹271.69
52W low₹110.70
Price chart(1Y)
1Y Return:+0.47% (+₹0.61)
H: ₹177L: ₹126.9
1W+0.02%
1M-2.95%
3M-19.02%
6M-10.07%
1Y-45.06%
Today at a glance

Day range

₹128.50₹131.70

52 week range

₹110.70₹271.69
Volume52.7K0.44x 20D avg
Free float50.00%-56.20% volume

INDO FARM EQUIPMENT LTD closed at INR131.08 (+1.6%) on volume 0.44x its 20-day average, trading 51.75% below its 52-week high.

Technical analysis
RSI (14)43.9Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹5.34High
SMA 20₹134.93BEARISH
SMA 50₹138.45BEARISH
SMA 100₹143.09BEARISH
SMA 200₹145.08BEARISH
CPR bottom₹129.75
Pivot₹129.51
CPR top₹129.26
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -35.1% QoQ

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹149.5 Cr₹629.9 Cr23.74%≤ 33%PASS
Non-halal income ratio–₹440.0 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹697.2 Cr₹770.3 Cr90.50%≥ 20%PASS
Receivables ratio–₹770.3 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E25.2628.10
Forward P/E——
P/B1.133.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield4.003.60
Growth & profitability
RevenuePAT
FY24PAT margin 4.10%
FY25PAT margin 6.10%
FY26PAT margin 5.60%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+6.10%
Revenue CAGR 5Y+3.30%
PAT CAGR 3Y+1.00%
PAT CAGR 5Y+9.90%
Operating margin9.83%
Net margin5.49%
Financial health & cash flow
Net debt₹76.4 CrModerate
Interest coverage2.60xEBIT / interest
CFO / PAT1.54x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹29.7 Cr
Capital expenditure–
Free cash flow₹14.8 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall63/100
Valuation60/100
Profitability50/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.27x

High Cash Flow Conversion: CFO/PAT averaged 1.54x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Farm & Heavy Construction Machinery.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · September 2025

Ownership distribution

Sept 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Jun 2025Sept 2025
2.60%Institutional holding
26.78%Public holding
2Periods available
0.00%Promoter pledged
44.01KShareholders
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)46.52%+0.07% latest vs average
Highest delivery67.57%on 15 Oct
Average volume (20D)120.4KTrading-session average
Conviction trendStrengthening+0.07% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About INDO FARM EQUIPMENT LTD
INDO FARM EQUIPMENT LTD

Incorporated in 1994, Indo Farm Equipment Limited is engaging in manufacturing Tractors, Pick & Carry Cranes, and other harvesting equipment.[1]

IndiaIndustrials

Questions investors ask
Is INDO FARM EQUIPMENT LTD Shariah compliant?

INDO FARM EQUIPMENT LTD is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (23.74%) complies with AAOIFI threshold (≤ 33%).

What is INDO FARM EQUIPMENT LTD's current valuation relative to peers?

INDO FARM EQUIPMENT LTD trades at a P/E of 25.3x compared to the sector median of 28.1x, and a Price-to-Book of 1.1x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.27x. Interest coverage is 2.6x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 3.3% while net profit growth averaged 9.9%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.