Indef Manufacturing financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹34.5cr−13.2% on Q1 FY26
Net profit
₹5.5cr−3.0% on Q1 FY26
EBITDA margin
−2.8%−12.2 pts on Q1 FY26
EPS
₹1.72−2.8% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue34.539.7−13.2%
EBITDA−1.03.7—
EBITDA margin−2.8%9.4%−12.2 pts
Profit before tax6.37.6−17.0%
Net profit5.55.7−3.0%
EPS₹1.72₹1.77−2.8%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹34.5 crNet profit₹5.5 crNet margin15.9%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025
592——
5.65.65.5
−0.9−0.9—
586——
202208179
—+16.3%—
18.623.330.6
9.2%11.2%17.1%
12.016.825.4
23.223.434.2
11.5%11.3%19.1%
₹7.32₹7.39₹10.68
—−30.8%—
—23.34.8
—−5.5−8.8
17.817.8−4.0
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

BAJAJINDEF₹184.98

Indef Manufacturing Limited

· Capital Goods & Defence
₹ CrorePeersINTLCONVMAMATASALASARGUJAPOLLOEKCEIMCOELECOGALAPRECMAHEPCMcap ₹592 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization——591.9
- Cash, Equiv & ST Investments5.55.65.6
+ Minority Interest—-0.9-0.9
Enterprise Value——585.5
Revenue178.6207.7202.5
Growth %, YoY—+16.3—
EBITDA30.623.318.6
Margin %17.1211.209.17
EBIT25.416.812.0
Net Income34.223.423.2
Margin %19.1211.2611.47
EPS, Adj (current shares)10.687.397.32
Growth %, YoY—-30.8—
Cash from Operations4.823.3—
Capital Expenditures-8.8-5.5—
Free Cash Flow-4.017.817.8
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Indef Manufacturing financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Indef Manufacturing (NSE: BAJAJINDEF) had a market capitalisation of ₹581 crore at the 29 October 2026 close (₹181.69 a share), a PE ratio of 25.0 on the last four quarters' profit and a price-to-book ratio of 2.16. In FY26 its consolidated net profit was ₹23.4 crore on revenue of ₹208 crore; in Q1 FY27 (April–June 2026) it was ₹5.5 crore, down 3.0% year on year. It had no borrowings on 31 March 2026. Promoters held 69.61% of the shares on 30 September 2026.

Share price used
₹181.69 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Indef Manufacturing at a glance · consolidated

Market cap
₹581 Crat ₹181.69 · 29 Oct close
PE ratio (last 4 quarters)
25.024.9 on FY26 profit
Price to book (PB)
2.16book value ₹84.30 a share
ROE (FY26)
9.0%ROCE 6.2%
Debt to equity
0.00net cash ₹6.5 Cr
Promoter holding
69.61%unchanged vs 30 Jun 202630 September 2026
Dividend yield
1.10%₹2 a share in 12 months
Net worth
₹270 Cr+6.7% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹17.8 Cr

Questions

What is the Indef Manufacturing PE ratio today?

Indef Manufacturing's PE ratio is 25.0 at the 29 October 2026 close (₹181.69 a share): a market capitalisation of ₹581 crore divided by consolidated net profit of ₹23.3 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹23.4 crore) it is 24.9.

What is the Indef Manufacturing PB ratio (price to book value)?

Indef Manufacturing's price-to-book (PB) ratio is 2.16 at the 29 October 2026 close: a market capitalisation of ₹581 crore divided by shareholders' equity (book value) of ₹270 crore on 31 March 2026. That is a book value of ₹84.30 per share against a share price of ₹181.69.

What is the Indef Manufacturing ROE and ROCE?

In FY26, Indef Manufacturing's return on equity (ROE) was 9.0% and its return on capital employed (ROCE) was 6.2%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities).

What is the Indef Manufacturing market cap?

Indef Manufacturing's market capitalisation was ₹581 crore at the 29 October 2026 close: 3.2 crore shares at ₹181.69 each.

Is Indef Manufacturing debt free?

Yes. Indef Manufacturing had no borrowings on 31 March 2026 (consolidated balance sheet), and it held ₹6.5 crore of cash, bank balances and current investments.

What is the Indef Manufacturing dividend in 2026 and its record date?

In 2026, Indef Manufacturing has declared one dividend: ₹2 with record date 5 August 2026.

What is the Indef Manufacturing debt to equity ratio?

Indef Manufacturing's debt-to-equity ratio was 0.00 on 31 March 2026: no borrowings against total equity of ₹269 crore. A year earlier, on 31 March 2025, it was 0.00.

What is the Indef Manufacturing net worth?

Indef Manufacturing's net worth — shareholders' equity in its consolidated balance sheet — was ₹270 crore on 31 March 2026, up 6.7% from ₹253 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹581 crore at the 29 October 2026 close.

What is the Indef Manufacturing promoter holding?

Promoters held 69.61% of Indef Manufacturing on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Indef Manufacturing book value per share?

Indef Manufacturing's book value per share was ₹84.30 on 31 March 2026: shareholders' equity of ₹270 crore divided by the 3.2 crore shares in issue, up 6.7% from ₹79.03 a year earlier. The share price at the 29 October 2026 close was ₹181.69.

What is the Indef Manufacturing dividend yield?

Indef Manufacturing's dividend yield is 1.10% at the 29 October 2026 close: dividends of ₹2 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹181.69. They were ₹2 on 5 August 2026.

What is the Indef Manufacturing shareholding pattern?

On 30 September 2026, Indef Manufacturing's shares were held by promoters 69.61%, foreign portfolio investors (FII/FPI) 0.64% and retail and other non-institutional investors 29.75%. Over the year, FII holding was down 0.92 percentage points from 1.56%.

What is the Indef Manufacturing EPS?

Indef Manufacturing's basic earnings per share (EPS) were ₹7.38 in FY26, against ₹10.68 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹7.34.

What is the Indef Manufacturing revenue and profit in FY26?

In FY26 (April 2025–March 2026), Indef Manufacturing's consolidated net profit was ₹23.4 crore, down 31.5% from ₹34.2 crore in FY25, on revenue from operations of ₹208 crore (up 16.3%).

When are the Indef Manufacturing next results?

Indef Manufacturing will announce its Q2 FY27 results (July–September 2026) on Monday, 2 November 2026, the date of the board meeting it has notified to the exchanges.

What is the Indef Manufacturing free cash flow?

In FY26, Indef Manufacturing generated ₹23.3 crore of cash from operations and spent ₹5.5 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹17.8 crore. In FY25 it was −₹4 crore.

What are the Indef Manufacturing latest quarterly results?

Indef Manufacturing's latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit ₹5.5 crore, down 3.0% from ₹5.7 crore in Q1 FY26; revenue from operations ₹34.5 crore, down 13.2% year on year.

How does the Indef Manufacturing PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit, Indef Manufacturing's PE ratio is 24.9, the third highest of the four: International Conveyors 6.9, Mamata Machinery 58.8 and Salasar Techno Engineering 39.8, a peer average of 35.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.

How does Indef Manufacturing compare with its peers?

On FY26 consolidated figures, against International Conveyors, Mamata Machinery and Salasar Techno Engineering: Indef Manufacturing's operating margin of 8.1% is the second highest of the four (International Conveyors 18.1%, Mamata Machinery 7.7%, Salasar Techno Engineering 5.8%; peer average 10.5%); its return on equity of 9.0% is the second highest of the four (International Conveyors 17.4%, Mamata Machinery 8.5%, Salasar Techno Engineering 2.1%; peer average 9.3%).

Indef Manufacturing vs International Conveyors: how do they compare?

In FY26, Indef Manufacturing earned net profit of ₹23.4 crore on revenue of ₹208 crore, against ₹68.4 crore on ₹213 crore for International Conveyors. Indef Manufacturing's operating margin was 8.1% (International Conveyors 18.1%) and its return on equity 9.0% (International Conveyors 17.4%). At the 29 October 2026 close, Indef Manufacturing's market capitalisation was ₹581 crore against ₹475 crore for International Conveyors, and its PE ratio on FY26 profit 24.9 against 6.9.

Where do these Indef Manufacturing figures come from?

From Indef Manufacturing's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.