Indef Manufacturing Ltd (BAJAJINDEF) — shareholding pattern, promoter holding, financials and share price
About Indef Manufacturing Ltd (BAJAJINDEF)
Indef Manufacturing Ltd operates in the Industrial Products industry, within the Capital Goods sector. It trades on the NSE as BAJAJINDEF and on the BSE under scrip code 544364. Its ISIN is INE0O9T01021.
Incorporated in 2022, Indef Manufacturing Ltd is in the manufacturing business [1]
Indef Manufacturing Limited specializes in the production of hoists, cranes, and material handling equipment, emerging as a result of a recent demerger from Hercules Hoists Limited.
The company has gained autonomy post-demerger to focus on expanding its core manufacturing capabilities in the material handling equipment sector.
Listed peers in Industrial Products: Bajaj Steel Industries Ltd, Forbes Precision Tools & Machine Parts Ltd, Baheti Recycling Industries Ltd, Airfloa Rail Technology Ltd, Axtel Industries Ltd, Lokesh Machines Ltd.
Valuation & Returns
10 Jul 2026At ₹243.45 a share on 10 Jul 2026, Indef Manufacturing Ltd (BAJAJINDEF) was valued at a price-to-earnings ratio of 33.31x against an industry P/E of 48.01x and a price-to-book of 3.08x on a book value of ₹79.03 per share as of Mar 2025. Solomo computes return on equity of 9.25% and return on capital employed of 9.48% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 33.31x
- Industry P/E
- 48.01x
- P/B
- 3.08x
- EPS (TTM)
- ₹7.31
- Book value / share
- ₹79.03
- ROE
- 9.25%
- ROCE
- 9.48%
- ROA
- 7.76%
- Debt / equity
- 0.02x
- Dividend yield
- 0.82%
- EBITDA margin
- 14.84%
- 52-week range
- ₹207 – ₹483.65
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Indef Manufacturing Ltd (BAJAJINDEF) reported revenue of ₹208 crore, net profit of ₹24 crore and earnings per share of ₹7.38. That compares with revenue of ₹179 crore and net profit of ₹34 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹68.04 crore and net profit ₹6.82 crore (consolidated).
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue (₹ cr) | 179 | 208 |
| Net profit (₹ cr) | 34 | 24 |
| EPS (₹) | 10.68 | 7.38 |
| Measure | 1Y |
|---|---|
| Sales growth | -1.57% |
| Profit growth | 26.11% |
| Stock price CAGR | -48% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 69.61% of Indef Manufacturing Ltd (BAJAJINDEF) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.11%. Market capitalisation was ₹779 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2025.
Largest disclosed public shareholders in Jun 2026: HEINRICH DE FRIES GMBH 5%, DEVAJ RAVI JHUNJHUNWALA 3.26%, HUF 1.18%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 69.61% | - | 1.11% | - | 30.39% |
| Mar 2026 | 69.61% | - | 1.57% | 0.13% | 30.39% |
| Dec 2025 | 69.61% | - | 1.56% | 0% | 30.39% |
| Sep 2025 | 69.61% | - | 1.56% | - | 30.39% |
| Jun 2025 | 69.61% | - | 1.59% | - | 30.39% |
| Mar 2025 | 69.61% | - | 1.57% | - | 30.39% |