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 ₹ 1,035 Cr.
- Current Price ₹ 215
- High / Low ₹ 293 / 214
- Stock P/E 62.3
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 9.22 %
- ROE 5.47 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 5.62% over last 3 years.
- Debtor days have increased from 88.0 to 106 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 244 | 320 | 356 | 360 | |
| 203 | 266 | 297 | 297 | |
| Operating Profit | 41 | 54 | 59 | 63 |
| OPM % | 17% | 17% | 17% | 18% |
| 0 | -2 | -0 | -1 | |
| Interest | 21 | 24 | 28 | 28 |
| Depreciation | 8 | 9 | 9 | 10 |
| Profit before tax | 12 | 19 | 22 | 24 |
| Tax % | 29% | 29% | 31% | 35% |
| 8 | 14 | 15 | 16 | |
| EPS in Rs | 9.04 | 7.31 | 8.19 | 4.15 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 24% |
| TTM: | 2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 6% |
| Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 9 | 19 | 19 | 38 |
| Reserves | 252 | 256 | 272 | 280 |
| 235 | 275 | 281 | 272 | |
| 55 | 70 | 52 | 59 | |
| Total Liabilities | 551 | 620 | 623 | 648 |
| 184 | 194 | 206 | 202 | |
| CWIP | 14 | 20 | 8 | 5 |
| Investments | 0 | 1 | 0 | 0 |
| 353 | 405 | 408 | 441 | |
| Total Assets | 551 | 620 | 623 | 648 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 1 | 10 | 30 | 41 | |
| -16 | -26 | -8 | -3 | |
| 15 | 16 | -22 | -26 | |
| Net Cash Flow | 1 | 0 | -0 | 12 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 111 | 82 | 76 | 106 |
| Inventory Days | 347 | 299 | 264 | 273 |
| Days Payable | 84 | 86 | 50 | 58 |
| Cash Conversion Cycle | 373 | 295 | 290 | 320 |
| Working Capital Days | 325 | 273 | 267 | 294 |
| ROCE % | 9% | 9% | 9% |
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.