About
Indo Farm Equipment Limited manufactures and sells agricultural, industrial, and construction equipment in India. The company operates through the Tractor, Crane, NBFC, and Others segments. It offers tractors, rotary tillers, and harvesters, as well as hydraulic pick and carry cranes and mobile tower cranes. The company also provides financing for new tractors and refinancing for pre-owned tractors. It exports its products to 30 countries across Asia, Africa, Europe, and South America. The company was formerly known as Indo Farm Industries Limited and changed its name to Indo Farm Equipment Limited in November 2009. Indo Farm Equipment Limited was incorporated in 1994 and is based in Baddi, India.
Key Metrics
as of Sep 2026Market Cap643 Cr
P/E25.80
Div Yield0.00 %
Book Value₹116.00
52w High₹272.00
52w Low₹111.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 104.93 | 128.58 | 100.64 | 99.06 | 91.26 | 125.16 | 90.82 | 81.24 | 69.54 |
| Expenses | 92.75 | 112.06 | 89.88 | 88.51 | 80.77 | 109.47 | 78.75 | 70.90 | 60.54 |
| Operating Profit | 12.18 | 16.52 | 10.76 | 10.55 | 10.49 | 15.69 | 12.07 | 10.34 | 9.00 |
| OPM % | 11.61 | 12.85 | 10.69 | 10.65 | 11.49 | 12.54 | 13.29 | 12.73 | 12.94 |
| Other Income | 0.91 | 0.96 | 1.40 | 1.50 | 1.32 | 1.69 | 0.22 | 0.36 | 0.63 |
| Depreciation | 3.61 | 3.17 | 3.03 | 3.03 | 2.98 | 2.99 | 2.74 | 2.48 | 2.56 |
| Interest | 2.42 | 2.60 | 2.54 | 2.57 | 2.44 | 2.82 | 4.17 | 3.59 | 3.71 |
| Profit before tax | 7.06 | 11.71 | 6.59 | 6.45 | 6.39 | 11.57 | 5.38 | 4.63 | 3.36 |
| Tax % | 28.33 | 29.80 | 29.74 | 31.32 | 28.33 | -14.95 | 30.67 | 27.00 | 34.52 |
| Net Profit | 5.06 | 8.22 | 4.63 | 4.44 | 4.58 | 13.29 | 3.74 | 3.39 | 2.20 |
| EPS in Rs | 1.05 | 1.71 | 0.96 | 0.92 | 0.95 | 2.77 | 0.95 | 0.86 | 0.56 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Sales | 420.00 | 348.00 | 338.00 | 347.00 | 331.00 | 228.00 | 232.00 |
| Expenses | 371.00 | 300.00 | 290.00 | 305.00 | 294.00 | 198.00 | 206.00 |
| Operating Profit | 48.00 | 47.00 | 48.00 | 42.00 | 37.00 | 30.00 | 26.00 |
| OPM % | 12.00 | 14.00 | 14.00 | 12.00 | 11.00 | 13.00 | 11.00 |
| Other Income | 5.00 | 3.00 | 1.00 | 1.00 | 0.00 | 1.00 | 2.00 |
| Interest | 10.00 | 14.00 | 17.00 | 16.00 | 14.00 | 14.00 | 14.00 |
| Depreciation | 12.00 | 11.00 | 10.00 | 9.00 | 9.00 | 8.00 | 8.00 |
| Profit before tax | 31.00 | 25.00 | 21.00 | 18.00 | 14.00 | 8.00 | 6.00 |
| Tax % | 30.00 | 9.00 | 37.00 | 33.00 | 29.00 | 30.00 | 42.00 |
| Net Profit | 22.00 | 23.00 | 14.00 | 12.00 | 10.00 | 6.00 | 4.00 |
| EPS in Rs | 4.55 | 4.71 | 3.61 | 6.48 | 5.10 | 6.05 | 3.78 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 48.00 | 48.00 | 38.00 | 19.00 | 19.00 | 9.00 | 9.00 |
| Reserves | 490.00 | 467.00 | 265.00 | 259.00 | 246.00 | 248.00 | 242.00 |
| Borrowings | 86.00 | 97.00 | 169.00 | 170.00 | 175.00 | 160.00 | 133.00 |
| Other Liabilities | 56.00 | 50.00 | 53.00 | 47.00 | 61.00 | 45.00 | 41.00 |
| Total Liabilities | 680.00 | 662.00 | 524.00 | 495.00 | 501.00 | 463.00 | 426.00 |
| Fixed Assets | 210.00 | 213.00 | 201.00 | 206.00 | 194.00 | 183.00 | 171.00 |
| CWIP | 29.00 | 9.00 | 5.00 | 8.00 | 20.00 | 14.00 | 18.00 |
| Investments | 65.00 | 65.00 | 20.00 | 20.00 | 18.00 | 17.00 | 17.00 |
| Other Assets | 375.00 | 374.00 | 297.00 | 261.00 | 270.00 | 248.00 | 219.00 |
| Total Assets | 680.00 | 662.00 | 524.00 | 495.00 | 501.00 | 463.00 | 426.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 31.00 | 26.00 | 21.00 | 32.00 | 25.00 | 7.00 | 37.00 |
| Cash from Investing Activity | 0.00 | -96.00 | -2.00 | -11.00 | 17,744.00 | -16.00 | -18.00 |
| Cash from Financing Activity | -21.00 | 104.00 | -8.00 | -21.00 | 1.00 | 9.00 | -20.00 |
| Net Cash Flow | 10.00 | 34.00 | 11.00 | 0.00 | 17,770.00 | 0.00 | 0.00 |
| Free Cash Flow | 2.00 | -1.00 | 18.00 | 22.00 | 1.00 | -9.00 | 21.00 |
| CFO/OP % | 76.00 | 65.00 | 51.00 | 85.00 | 73.00 | 28.00 | 148.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 103.00 | 113.00 | 113.00 | 78.00 | 79.00 | 118.00 | 107.00 |
| Inventory Days | 252.00 | 279.00 | 273.00 | 264.00 | 299.00 | 347.00 | 345.00 |
| Days Payable | 44.00 | 52.00 | 58.00 | 55.00 | 86.00 | 84.00 | 74.00 |
| Cash Conversion Cycle | 311.00 | 340.00 | 327.00 | 287.00 | 293.00 | 380.00 | 378.00 |
| Working Capital Days | 167.00 | 175.00 | 93.00 | 79.00 | 82.00 | 118.00 | 75.00 |
| ROCE % | 7.00 | 7.00 | 8.00 | 8.00 | 7.00 | 6.00 | — |
Corporate Actions
No corporate actions recorded.
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update8 Aug 2025 from infomerics
-
Rating update24 Jul 2024 from infomerics
-
Rating update12 Jun 2023 from infomerics
-
Rating update14 Mar 2022 from infomerics
-
Rating update14 Jan 2021 from infomerics
-
Rating update26 Nov 2019 from fitch