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Indef Manufacturing

Indef Manufacturing Latest Share Price (BAJAJINDEF)

NSE: BAJAJINDEFBSE 544364Capital GoodsIndustrial Productswww.indef.com
TechnicalsTV Chart
215.85
2.40+1.12%
Overall Score67/100
Day range214
₹215.85
222
52-week207
₹215.85
443
Above low+4.1%
Below high51.2%
Range position4%
Open215.40
Prev Close213.45
Bid215.83100
Ask215.88100

TODAY IN ONE LINE

BAJAJINDEF rose 1.1% on light volume, outperforming Nifty's 0.1% move, supported by recent strong earnings.

With a market cap of ₹690.72 Cr., it trades at a P/E of 29.40. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume22.4K+4%vs 20D avg
Market Cap₹690.72 Cr.
Promoter69.61%
Face Value₹1
Fwd P/E
PEG
EV/EBITDA41.36
P/S3.44
ROA3.31%
Beta1.38
Div Payout27.1%
THE STOCK SCORE
Overall Score67/100
Updated 24 Aug

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

Indef Manufacturing flags & news 

Key strengths, potential risks, and recent updates.

3 green flags🚩 2 red flags

Green Flags

  • High Promoter HoldingPromoters hold 69.6% skin-in-the-game
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.01x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Earnings DeclineEPS (TTM) has contracted by 32.8% YoY
  • Poor Capital ReturnsLow ROE of 9.2%

Latest Indef Manufacturing News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

No recent changes found for this period.
🔒Prime: full history + alerts on this stock
Valuation

Indef Manufacturing Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Indef Manufacturing Limited, framed against the sector median so the premium or discount is obvious at a glance.

Indef Manufacturing Limited trades at a P/E of 29.40× and P/B of 2.54×.

Key MetricsMarket + reported · 21 Aug 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹690.72 Cr.
P/E Ratio
29.4
P/B Ratio
2.54
EPS
₹7.34
Profitability

Profitability

ROE
9.2%
ROCE
9.45%
Net Margin
11.38%
Op Margin
11.2%
Growth

Growth

EPS YoY
-32.8%
Revenue YoY
28.4%
Qtr Sales
28.4%
Qtr Profit
-33.7%
Financial Health

Financial Health

Debt / Equity
0.01
Book Value
₹84.3
Div Yield
0.93%
Promoter Holding
69.61%
Technicals

Indef Manufacturing Limited technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for Indef Manufacturing Limited — derived from the latest tape, not yesterday's close.

Indef Manufacturing Limited last traded at ₹215.85 with an intraday range of ₹214.01–₹221.98 — latest indicator, pivot and CPR signals below.

Last updated: 24 August 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹215.85
LevelPrice (₹)Distance% Δ
R4236.49+20.64+9.56%
R3228.52+12.67+5.87%
R2225.25+9.40+4.35%
R1220.55+4.70+2.18%
PIVOT217.281.430.66%
CURRENT215.85
S1212.58-3.27-1.51%
S2209.31-6.54-3.03%
S3204.61-11.24-5.21%
S4196.64-19.21-8.90%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 216.56P: 217.28TC: 218.00
R1
R2
R3
R4
indicator
LTP: 215.85
PDH: 218.39
PDL: 213.00
● Market Sentiment

BAJAJINDEF is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 215216.9

● Price Position

Trading Inside opening range

Financials

Indef Manufacturing Limited financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for Indef Manufacturing Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.

Indef Manufacturing Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹690.72 Cr. and reported EPS of ₹7.34.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations179
208
16.3%
Sales Growth YoY %Derived
16.27%
Other Income17
8
51.8%
Total Income196
216
10.4%
95
113
19.2%
Gross ProfitDerived84
95
13.0%
Gross Margin %Derived46.99%
45.66%
53
72
34.1%
EBITDA (Operating Profit)Derived31
23
23.9%
OPM %Derived17.12%
11.20%
6
6
11.4%
Profit Before Tax (PBT)42
24
42.8%
8
1
92.4%
Effective Tax %Derived18.57%
2.48%
Total Profit for Period34
23
31.5%
Less: Non-controlling Interests
-0
Net Profit (Owner's PAT)Derived34
24
30.8%
Net Profit Margin %Derived19.12%
11.38%
PAT Growth YoY %Derived
-30.81%
Earnings Per Share (EPS ₹)10.68
7.31
31.6%
Diluted Shares Outstanding (Cr)3
3
0.0%
Other Comprehensive Income (Net of Tax)0
0
644.1%
Total Expenses (incl. D&A & Interest)154
192
24.9%
Material Cost % of RevenueDerived53.46%
51.25%
Employee Cost % of RevenueDerived13.39%
14.59%
Other Cost % of RevenueDerived16.48%
19.86%
Interest Coverage (x)Derived59.77x
44.27x
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

Indef Manufacturing segment analysis : revenue and profit mix.

Disclosed business segments at Indef Manufacturing with their share of revenue and profit, switchable between consolidated and standalone reporting.

Indef Manufacturing discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Indef Manufacturing Limited.

Our AI distills the core fundamental drivers supporting Indef Manufacturing Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

Indef Manufacturing Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Exceptional financial stability with debt-to-equity ratio of 0.0001 ensures minimal leverage risk.

  • Strong promoter holding of 69.61% signals unwavering long-term commitment and strategic control.

  • TTM revenue growth of 28.4% demonstrates robust recent sales momentum and market traction.

  • Positive operating cash flow of ₹31.70 Cr indicates healthy cash generation and operational efficiency.

  • Net profit margin of 13.32% reflects solid profitability despite recent earnings headwinds.

bear case

Key Risks.

  • Latest quarterly EPS declined 32.6% YoY, signaling significant earnings pressure and volatility.

  • TTM EPS declined 32.8% YoY despite revenue growth, indicating severe margin compression concerns.

  • 52-week return flat at 0%, reflecting stagnant stock price momentum and investor indifference.

  • Institutional ownership at 0% limits market support, analyst coverage, and trading liquidity.

  • High P/E of 35.10x may deter value-seeking investors despite modest absolute valuation metrics.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 38 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Return-quality risk. ROE below 8% would indicate weaker capital compounding.

  • Income thesis breaks if the dividend is cut or yield falls below 0.47%.

Shareholding

Indef Manufacturing shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Indef Manufacturing — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

Promoters69.61%
Public29.28%0.59%
FII1.11%0.46%

Ownership Distribution

Promoters
69.61%
Retail & Public
29.28%
Foreign Institutions
1.11%

Category Trends

Foreign Institutions Breakdown
Total Holding: 1.11%
Net Change: -0.46%
Category Total1.11%
Total Holding1.11%
Net Change-0.46%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 0.00%, but category aggregate is 1.11%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
0.00%
1.56%
-1.56%
Jun 2026
Peers

Indef Manufacturing Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Indef Manufacturing Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Dynamatic Technologies Limited
₹786992.41 Lakh Cr
Best Profit Growth
DEE Development Engineers Limited
314.00 %
Highest Dividend Yield
Honda India Power Products Limited
7.07 %

Peer Comparison

Company Name
09 · Chart Patterns

Indef Manufacturing Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Indef Manufacturing Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

Indef Manufacturing Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Indef Manufacturing Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Indef Manufacturing Limited stood at 52.5% of traded volume, against a 20-day average of 67.8%.

Avg Delivery (20D)67.8%-15.3 ppt latest vs avg
Highest Delivery83.1%on 20 Aug
Avg Volume (20D)21.6 K20-day run-rate
Conviction Trend↑ Strengthening-15.3 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Indef Manufacturing announcements: results, concalls, ratings, M&A.

Filings Indef Manufacturing sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Indef Manufacturing files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 43 documents below.

  1. 14 Aug 2026Shareholders meetingView PDF

    Shareholders meeting

    Indef Manufacturing Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 12, 2026. Further, the…

  2. 12 Aug 2026Shareholders meetingView PDF

    Shareholders meeting

    Indef Manufacturing Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 12, 2026

  3. 12 Aug 2026Outcome of Board MeetingView PDF

    Outcome of Board Meeting

    Indef Manufacturing Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

  4. 18 Jul 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Indef Manufacturing Limited has informed the Exchange about Copy of Newspaper Publication for 4th AGM

  5. 17 Jul 2026Shareholders meetingView PDF

    Shareholders meeting

    Indef Manufacturing Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 12, 2026

Corporate Actions

Indef Manufacturing dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Indef Manufacturing has declared, sequenced by announce and record date.

Indef Manufacturing corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Indef Manufacturing Limited: business, sector, key facts.

What Indef Manufacturing Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Indef Manufacturing Limited operates in the Industrial Products industry under the Capital Goods sector, listed as NSE: BAJAJINDEF, BSE: 544364.

BAJAJINDEF
Capital Goods

Indef Manufacturing Limited

NSE · BAJAJINDEF·BSE · 544364·www.indef.com

BAJAJINDEF, operating as Indef Manufacturing Limited, is a relatively new player in the material handling equipment sector, incorporated in 2022 and based in Navi Mumbai, India. The company's core business focuses on providing a comprehensive suite of solutions designed to improve efficiency and safety in various industrial applications. Their offerings cater to a diverse range of industries, making them a versatile supplier within the material handling market.

The company's product portfolio encompasses a wide array of equipment, indicating a strategic aim to offer a "one-stop shop" approach for clients' material handling needs. This includes heavy-duty equipment such as cranes and wire ropes, which are vital for large-scale industrial operations. They also provide smaller-scale, but equally important, solutions such as manual and electric chain hoists suitable for a variety of applications. This diversified product range allows them to cater to clients with varying scales of operation and material handling requirements.

Further enhancing their comprehensive offering, BAJAJINDEF also provides ergonomic handling solutions. This highlights a commitment to not only efficiency but also worker safety and well-being, a key differentiator in today's increasingly safety-conscious industrial landscape. Ergonomic solutions often improve operational efficiency by minimizing workplace injuries and promoting a healthier working environment. Completing their product range are storage and retrieval products, which are essential for efficient warehouse and inventory management within industrial settings.

BAJAJINDEF's client base spans a variety of significant industrial sectors. Their services are actively utilized by companies in the oil and gas, engineering, automotive and auto-ancillary, cement, and metals industries. This breadth of industry reach underscores their ability to adapt their solutions to the unique needs and challenges faced within each specific sector, signifying a high level of adaptability and a strong understanding of diverse industrial requirements. The company’s ability to cater to these diverse industries suggests a market strategy focused on capturing a significant share within the broader Indian material handling market.

company facts
Employees
SectorCapital Goods
HeadquartersNavi Mumbai, India
Market Cap₹690.72 Cr.
Listed OnNSE
leadership5 on record
Mr. Amit Bhalla
Managing Director & Director
Mr. Amit Bhalla
MD & Director
Mr. Bijay Kumar Agrawal
Chief Financial Officer
Mr. Debi Prasad Padhy
Vice President of Sales - Direct & Export
Mr. Vineesh Vijayan Thazhumpal
Company Secretary & Compliance Officer
§ ∞ · Plainly Answered

Questions investors ask about Indef Manufacturing Limited (BAJAJINDEF).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Indef Manufacturing Limited (BAJAJINDEF)?

The current share price of Indef Manufacturing Limited (BAJAJINDEF) is ₹215.85. Today, the stock has gained by ₹2.40 (1.12%), trading in a range of ₹214.01 to ₹221.98. The stock opened at ₹215.40 with a trading volume of 22,430 shares.

02Is Indef Manufacturing Limited stock a good investment for long-term?

Indef Manufacturing Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹690.72 Cr., P/E ratio of 29.4, ROE of 9.2%, and ROCE of 9.45%. The dividend yield stands at 0.93%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Indef Manufacturing Limited stock?

The 52-week high price of Indef Manufacturing Limited (BAJAJINDEF) is ₹442.60, while the 52-week low is ₹207.25. Currently trading at ₹215.85, the stock is 4.15% above its 52-week low and 51.23% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Indef Manufacturing Limited stock at the current price?

Whether to buy Indef Manufacturing Limited stock at ₹215.85 depends on multiple factors. The stock is currently trading with a P/E ratio of 29.4 and P/B ratio of 2.54. Today's performance shows a gain of 1.12%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Indef Manufacturing Limited and when is the next dividend?

Indef Manufacturing Limited offers a dividend yield of 0.93%, which means for every ₹100 invested at the current price of ₹215.85, you can expect to receive approximately ₹0.93 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Indef Manufacturing Limited?

Indef Manufacturing Limited's key financial metrics include: P/E Ratio: 29.4, P/B Ratio: 2.54, ROE: 9.2%, ROCE: 9.45%, Dividend Yield: 0.93%, EPS: ₹7.34, Book Value: ₹84.30, and Debt-to-Equity: 0.01. The company's market cap stands at ₹690.72 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Indef Manufacturing Limited stock performing today in the market?

Indef Manufacturing Limited stock opened at ₹215.40 and is currently trading at ₹215.85, showing a gain of ₹2.40 (1.12%). The intraday high is ₹221.98 and low is ₹214.01. The trading volume stands at 22,430 shares, indicating moderate market participation today.

08What is the P/E ratio of Indef Manufacturing Limited and what does it indicate?

Indef Manufacturing Limited has a Price-to-Earnings (P/E) ratio of 29.4, which means investors are willing to pay 29.40 for every ₹1 of earnings. With an EPS of ₹7.34, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Indef Manufacturing Limited (BAJAJINDEF) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.