Indo Farm Equipment logo

Indo Farm Equipment share price

NSE: INDOFARMBSE: 544328Agricultural, Commercial & Construction VehiclesSmall Cap

Last close ₹114.97down ₹5.64 (4.68%)BSE ₹115.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹120.61.

52-week range of traded prices to 23 Oct 2026
₹110.70Low, 30 Mar 2026₹265.69High, 23 Oct 2025
Market cap
₹552 Cr1,687th largest listed
P/E
22.2
P/B
1.0
Dividend yield
Nonein the last 12 months
ROE
4.6%
ROCE
6.6%
Debt to equity
0.27
Volume, NSE
1,21,72445.9% delivered

Share price

Daily closes since Jan 2025, adjusted for splits and bonuses

−55.4%over a year · Nifty 500 −9.8%

Results20-session average 94,652 shares a day, 48.3% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 8 Aug

Revenue
₹110 Crdown 17.72%
Net profit
₹5.66 Crdown 35.11%
Net margin
5.1%

Revenue by year

Peak revenue ₹440 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 27 JanDec 2024Filed 13 FebMar 2025Filed 16 JunJun 2025Filed 12 AugSep 2025Filed 12 NovDec 2025Filed 3 FebMar 2026Filed 21 MayJun 2026Filed 8 Aug
Revenue869613096104106134110
Net profit441455696
Net margin4.2%4.1%10.4%5.6%4.8%5.2%6.5%5.1%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Cranes₹218 Crdown 3.09%49.6%
  • Tractor₹201 Crup 42.85%45.8%
  • NBFC₹20 Crup 0.31%4.7%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 15% of 247 trading days over the last year.

LowestHighest
Its median26.9Industry median26.5
Price to book

At or below today's level on 1% of 247 trading days over the last year.

LowestHighest
Its median1.3Industry median4.6
EV to EBITDA10.5

At or below today's level on 0.4% of 247 trading days over the last year.

LowestHighest
Its median13.3Industry median22.8

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−28.2%+4.9%−31.5%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters70.63%
  • Indian institutions2.37%
  • Individuals and others27.00%
Holder
RANBIR SINGH KHADWALIAPromoter35.02%
SUNITA SAINIPromoter22.16%
FUTURISTIC MINING AND CONSTRUCTION SOLUTIONS LLPPromoter9.10%
ANSHUL KHADWALIAPromoter2.08%
NEGEN UNDISCOVERED VALUE FUNDAlternative investment funds1.84%
SHUBHAM KHADWALIAPromoter1.26%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Agricultural, Commercial & Construction Vehicles, 16 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Indo Farm Equipment in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
V.S.T Tillers Tractors logoV.S.T Tillers TractorsVSTTILLERS3,37231.03.119.7+17.0%−5.0%10.4%13.2%0.64%
TIL logoTILTIL1,652–––+21.3%–−31.8%2.1%0.00%
Keto MotorsKETOMOTORS1,3345,082.022.71,138.1––0.8%0.2%0.00%
Atul Auto logoAtul AutoATULAUTO1,07622.82.213.1+20.2%+103.1%10.2%11.4%0.77%
Jinkushal Industries logoJinkushal IndustriesJKIPL396–2.043.5–––3.2%0.00%
Brady & Morris Engineering Co. logoBrady & Morris Engineering Co.BRADYM12425.72.323.5−21.1%−79.2%9.6%7.2%0.00%
Gurunanak Agriculture India logoGurunanak Agriculture IndiaGURUNANAK386.30.8–––12.9%–0.00%
Seemax Resources logoSeemax ResourcesSEEMAX3520.14.7–––23.4%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Indo Farm Equipment share price by year

Each calendar year to 2025.Indo Farm Equipment share price history

YearClose at year endChangeHighest closeLowest close
2025207.89–277.80139.63
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026121.31121.76113.00114.97115.411,21,72445.9%
22 Oct 2026118.15124.00118.15120.61121.0654,32441.8%
21 Oct 2026128.25130.00120.95122.20123.7193,28346.9%
19 Oct 2026130.25132.39126.41128.11128.5966,11155.8%
16 Oct 2026129.80131.70128.50131.08130.2054,26046.6%
15 Oct 2026130.90131.00128.51129.02129.4143,87567.6%
14 Oct 2026130.00132.00129.22130.40130.7255,02552.7%
13 Oct 2026131.80133.00126.90130.14128.622,07,54344.4%
12 Oct 2026134.00135.82130.01131.06132.4858,15252.0%
9 Oct 2026134.10136.00132.54133.54133.9554,27542.1%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Indo Farm Equipment Limited
NSE symbol
INDOFARM
BSE code
544328
ISIN
INE622H01018
Industry
Agricultural, Commercial & Construction Vehicles
Listed
Jan 2025
Face value
₹10
CIN
L29219CH1994PLC015132
Corporate identity number, the registrar of companies' code for it