Indo Farm Equipment Ltd
Incorporated in 1994, Indo Farm Equipment Limited is engaging in manufacturing Tractors, Pick & Carry Cranes, and other harvesting equipment.[1]
- Market Cap ₹ 1,028 Cr.
- Current Price ₹ 214
- High / Low ₹ 293 / 208
- Stock P/E 75.9
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 8.39 %
- ROE 4.67 %
- Face Value ₹ 10.0
Pros
Cons
- Company has a low return on equity of 4.29% over last 3 years.
- Debtor days have increased from 88.6 to 108 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 232 | 228 | 331 | 347 | 352 | |
| 206 | 198 | 294 | 305 | 305 | |
| Operating Profit | 26 | 30 | 37 | 42 | 48 |
| OPM % | 11% | 13% | 11% | 12% | 14% |
| 2 | 1 | 0 | 1 | 1 | |
| Interest | 14 | 14 | 14 | 16 | 17 |
| Depreciation | 8 | 8 | 9 | 9 | 10 |
| Profit before tax | 6 | 8 | 14 | 18 | 21 |
| Tax % | 42% | 30% | 29% | 33% | 37% |
| 4 | 6 | 10 | 12 | 14 | |
| EPS in Rs | 3.78 | 6.05 | 5.10 | 6.48 | 3.61 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 4% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 19 | 19 | 38 |
| Reserves | 242 | 248 | 246 | 259 | 265 |
| 133 | 160 | 175 | 170 | 169 | |
| 41 | 45 | 61 | 47 | 53 | |
| Total Liabilities | 426 | 463 | 501 | 495 | 524 |
| 171 | 183 | 194 | 206 | 201 | |
| CWIP | 18 | 14 | 20 | 8 | 5 |
| Investments | 17 | 17 | 18 | 20 | 20 |
| 219 | 248 | 270 | 261 | 297 | |
| Total Assets | 426 | 463 | 501 | 495 | 524 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 7 | 25 | 32 | 21 | ||
| -16 | 17,744 | -11 | -2 | ||
| 9 | 1 | -21 | -8 | ||
| Net Cash Flow | 0 | 17,770 | -0 | 11 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 107 | 118 | 79 | 78 | 108 |
| Inventory Days | 347 | 347 | 299 | 264 | 273 |
| Days Payable | 75 | 84 | 86 | 55 | 58 |
| Cash Conversion Cycle | 379 | 380 | 293 | 287 | 322 |
| Working Capital Days | 261 | 310 | 220 | 216 | 240 |
| ROCE % | 6% | 7% | 8% | 8% |
Documents
Announcements
-
Announcement Under Regulation 30 (LODR)- Updates (Clarification On Start Date Of Closure Of Trading Window)
17 Jan - Trading window closure from January 18, 2025.
-
Closure of Trading Window
17 Jan - Closure of trading window for insider trading compliance.
- Listing of Equity Shares of Indo Farm Equipment Ltd 7 Jan
Business Overview[1]
Indo Farm Equipment Limited is a fully integrated manufacturer of agricultural and industrial equipment under the brand name ''Indo Farm & Indo Power''. Its key products include tractors (16–110 HP), pick-and-carry cranes (9–30 tons), and other farm machinery like harvester combines and rotavators.