Indo Farm Equipment Ltd (INDOFARM) — shareholding pattern, promoter holding, financials and share price
About Indo Farm Equipment Ltd (INDOFARM)
Indo Farm Equipment Ltd operates in the Tractors industry, within the Capital Goods sector. It trades on the NSE as INDOFARM and on the BSE under scrip code 544328. Its ISIN is INE622H01018.
Incorporated in 1994, Indo Farm Equipment Limited is engaging in manufacturing Tractors, Pick & Carry Cranes, and other harvesting equipment. [1]
Indo Farm Equipment Limited is a vertically integrated Indian manufacturer of pick-and-carry cranes (9–30 tons) and agricultural tractors (16–110 HP), selling under the Indo Farm and Indo Power brands from a Baddi, Himachal Pradesh facility and distributing domestically through a 200+ dealer network and to over 30 export markets worldwide.
Financial momentum in 9MFY26 shows a 19% consolidated revenue increase to ₹306.03 crore, EBITDA up 10% to ₹44.82 crore and PAT jumping 59% to ₹15.98 crore, driving PAT margin improvement to 5.22% from 3.90%, reflecting operating leverage from higher tractor volumes and other income expansion.
Listed peers in Tractors: Tejas Cargo India Ltd, Tankup Engineers Ltd, Anlon Technology Solutions Ltd, Jinkushal Industries Ltd, Ashwini Container Movers Ltd, Jullundur Motor Agency (Delhi) Ltd.
Valuation & Returns
10 Jul 2026At ₹157 a share on 10 Jul 2026, Indo Farm Equipment Ltd (INDOFARM) was valued at a price-to-earnings ratio of 30.56x against an industry P/E of 29.75x and a price-to-book of 1.42x on a book value of ₹110.58 per share as of Mar 2025. Solomo computes return on equity of 4.65% and return on capital employed of 7.43% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 30.56x
- Industry P/E
- 29.75x
- P/B
- 1.42x
- EPS (TTM)
- ₹5.14
- Book value / share
- ₹110.58
- ROE
- 4.65%
- ROCE
- 7.43%
- ROA
- 3.24%
- Debt / equity
- 0.33x
- Dividend yield
- 0%
- EBITDA margin
- 14.69%
- 52-week range
- ₹110.55 – ₹271.5
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Indo Farm Equipment Ltd (INDOFARM) reported revenue of ₹440 crore, net profit of ₹25 crore and earnings per share of ₹5.14. That compares with revenue of ₹368 crore and net profit of ₹24 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹133.99 crore and net profit ₹8.72 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 320 | 356 | 360 | 368 | 440 |
| Net profit (₹ cr) | 14 | 15 | 15 | 24 | 25 |
| EPS (₹) | 7.31 | 8.19 | 4.1 | 4.9 | 5.14 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 9.61% | 3.49% | 3.19% |
| Profit growth | 44.82% | 36.37% | 52.92% |
| Stock price CAGR | - | - | -17% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 70.63% of Indo Farm Equipment Ltd (INDOFARM) (up 0.17 pp QoQ), foreign institutional investors (FII) hold 0.09% and domestic institutional investors (DII) hold 2.52%. Market capitalisation was ₹754 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: NEGEN UNDISCOVERED VALUE FUND 1.84%, S P MITTAL 1.04%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 70.63% | - | 0.09% | 2.52% | 29.37% |
| Mar 2026 | 70.46% | - | 0.18% | 3.4% | 29.54% |
| Dec 2025 | 69.81% | - | 0.01% | 4.31% | 30.19% |
| Sep 2025 | 69.53% | - | 0.4% | 4.72% | 30.47% |
| Jun 2025 | 69.44% | - | 0.55% | 4.88% | 30.56% |
| Mar 2025 | 69.44% | - | 0.81% | 5.98% | 30.56% |