TickerKhojAutomobiles · Trucks/Construction/Farm Machinery · NSE: BAJAJINDEF · data 2026-11-02
Indef Manufacturing Limited
In plain words
Price: 51.7% below its 52-week high of ₹384.85.
Delivery: 67.4% of traded shares were kept for delivery over the last 10 sessions, against 65.8% over the last 60.
Latest results: a net profit of ₹3 cr for the quarter ended Sept 2026 (-51.4% on the same quarter a year earlier).
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹202 cr |
| Net profit (last 12 months) | ₹23 cr |
| Sales growth, 3 years (yearly) | — |
| Profit growth, 3 years (yearly) | — |
At a glance
Promoters 69.6% (unchanged in a year), pledged 0.0%, institutions 0.6%.
P/E 25.4, dividend yield 1.1%. Price relative to earnings and book value (low is cheaper, not better).
ROE 9.0%, ROCE 6.4%, operating margin 5.9%: how much profit it earns on the money it uses.
Debt/equity 0.02, Profit growth — and sales growth — a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
- Virtually debt-free (debt/equity 0.1 or less).
None flagged by these rules.
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Latest results in brief (Q2 FY27)
BAJAJINDEF Q2 FY27 results (consolidated figures, as filed on NSE).
Revenue was ₹51.71 crore, up 4.9% YoY and up 50.1% QoQ.
Net profit was ₹3.01 crore, down 51.4% YoY and down 45.3% QoQ.
Operating margin was 11% (12.7% a year ago).
EPS was ₹0.94, down 52% YoY and down 45.3% QoQ.
BAJAJINDEF के Q2 FY27 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।
राजस्व: ₹51.71 करोड़; पिछले साल की तुलना में 4.9% की बढ़त, पिछली तिमाही की तुलना में 50.1% की बढ़त।
शुद्ध मुनाफ़ा: ₹3.01 करोड़; पिछले साल की तुलना में 51.4% की गिरावट, पिछली तिमाही की तुलना में 45.3% की गिरावट।
ऑपरेटिंग मार्जिन: 11% (एक साल पहले 12.7%)।
EPS: ₹0.94; पिछले साल की तुलना में 52% की गिरावट, पिछली तिमाही की तुलना में 45.3% की गिरावट।
BAJAJINDEFના Q2 FY27 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).
આવક (રેવન્યુ): ₹51.71 કરોડ; ગયા વર્ષની સરખામણીએ 4.9% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 50.1% વધારો.
ચોખ્ખો નફો: ₹3.01 કરોડ; ગયા વર્ષની સરખામણીએ 51.4% ઘટાડો, ગયા ક્વાર્ટરની સરખામણીએ 45.3% ઘટાડો.
ઓપરેટિંગ માર્જિન: 11% (એક વર્ષ પહેલાં 12.7%).
EPS: ₹0.94; ગયા વર્ષની સરખામણીએ 52% ઘટાડો, ગયા ક્વાર્ટરની સરખામણીએ 45.3% ઘટાડો.
Written from the filed numbers. Not a recommendation.
Smart-money activity
9/100 · Weak over the last ~60 sessions, data 2026-11-02
- Delivery vs usual 4/30: Delivery 63.7% over the last 20 sessions vs 59.0% in the 40 before (1.08x); shares delivered per day 0.53x usual; 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 0/15: No mutual fund scheme lists this stock. Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 0/15: No accumulation evidence row (only saved-scan stocks have one; 0 points).
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Results ● Dividend
- 12 Aug 26Results Q1 FY27 results: profit −2.7% YoY -3.6% next session
- 5 Aug 26Dividend Dividend ₹2 (ex-date) +2.0% next session
- 25 May 26Results Q4 FY26 results: profit −32.6% YoY -3.1% next session
- 10 Feb 26Results Q3 FY26 results: profit −30.2% YoY -7.2% next session
- 12 Jan 26Results Q2 FY26 results: net profit ₹6.2 cr +0.4% next session
- 12 Aug 25Results Q1 FY26 results: net profit ₹5.7 cr -7.6% next session
- 5 Aug 25Dividend Dividend ₹2 (ex-date) -0.1% next session
- 28 May 25Results Q4 FY25 results: net profit ₹10.1 cr +6.4% next session
- 22 Feb 25Results Q3 FY25 results: net profit ₹7 cr -5.0% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (consolidated)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| Sept 2026 | ₹52 cr | ₹3 cr | -51.4% | 11.0% | 0.94 |
| Jun 2026 | ₹34 cr | ₹6 cr | -2.7% | -2.8% | 1.72 |
| Mar 2026 | ₹68 cr | ₹7 cr | -32.6% | 13.5% | 2.13 |
| Dec 2025 | ₹51 cr | ₹5 cr | -30.2% | 8.1% | 1.53 |
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 69.61% | 69.61% | 69.61% | 69.61% |
| Foreign institutions (FII) | 0.64% | 1.11% | 1.57% | 1.56% |
| Domestic institutions (DII) | — | — | 0.13% | 0.00% |
| Mutual funds | — | — | — | — |
| Retail investors | 17.82% | 17.33% | 16.70% | 16.80% |
| Number of shareholders | 19,352 | 19,479 | 19,622 | 20,163 |
Common questions
What was Indef Manufacturing Limited's latest quarterly profit?
Indef Manufacturing Limited reported a net profit of ₹3 cr for the quarter ended Sept 2026 (-51.4% on the same quarter a year earlier), on revenue of ₹52 cr.
How much do promoters hold in Indef Manufacturing Limited?
Promoters held 69.61% of Indef Manufacturing Limited at the end of Sept 2026, with 0.00% of promoter shares pledged.
Is Indef Manufacturing Limited debt-free?
Its latest reported debt-to-equity ratio is 0.02, which is very low.
What is Indef Manufacturing Limited's P/E ratio?
About 25.4, based on the last 12 months' earnings and a price of ₹186 (data 2026-11-02).
What is the 52-week high and low of Indef Manufacturing Limited?
The 52-week high is ₹384.85 and the 52-week low is ₹171.
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Indef Manufacturing Limited | ₹186 | ₹585 cr | 25.4 | — | 9% | 6.4% | 0.02 | -53.0% |
| Eimco Elecon (India) Ltd. | ₹2,121.8 | ₹1,232 cr | 29.1 | 2.5 | 8.6% | 7.8% | 0.01 | +12.6% |
| Indo Farm Equipment Ltd. | ₹118.21 | ₹555 cr | 22.8 | — | 4.5% | 7.7% | 0.27 | -49.8% |
| Taurian MPS Limited | ₹573.45 | ₹485 cr | 31.4 | 5.9 | 26.7% | 37.6% | 0.28 | +80.4% |
| Gujarat Apollo Industries Limited | ₹355.8 | ₹462 cr | 78.9 | — | 1.2% | -3.2% | 0.08 | -21.3% |
| Quint Digital Ltd | ₹60 | ₹303 cr | 10.5 | 0.9 | 15.8% | -4.1% | 0.41 | +39.5% |
Compare BAJAJINDEF with EIMCOELECO in detail →
The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
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