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  7. Indef Manufacturing Ltd
Financial RatiosPE RatioShareholdingDividendQuarterly ResultsBalance SheetProfit & LossCash Flow
HomeStocksIndustrial ProductsIndef Manufacturing Ltd

Indef Manufacturing Ltd Stock Price Today (NSE: BAJAJINDEF)

Indef Manufacturing Ltd

BAJAJINDEFIndustrial Products
₹211.62₹26.23 (11.15%)↓
As on 30 Mar 2026, 12:06 pm ISTMarket Closed

Fundamental Score

...

Indef Manufacturing Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Indef Manufacturing Ltd share price today is ₹211.62, down 11.15% on NSE/BSE as of 30 March 2026. Indef Manufacturing Ltd (BAJAJINDEF) is a Small-cap company in the Industrial Products sector with a market capitalisation of ₹1.06K (Cr). The 52-week high for BAJAJINDEF share price is ₹580.25 and the 52-week low is ₹200.05. At a P/E ratio of 36.50x, BAJAJINDEF is currently trading above its industry average P/E of 33.94x.

Indef Manufacturing Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
-11.15%

Returns & Performance

ROE

N/A

ROCE

N/A

OPM (5Y)

N/A

Div Yield

0.60%

Indef Manufacturing Ltd Valuation Check

Poor

P/E Ratio

36.50x
Poor

Industry P/E

33.94x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

1.06K (Cr)

Growth Engine

Poor

Profit Growth (Q)

-44.50%
Average

Sales Growth (Q)

15.29%

Sales Growth (5Y)

N/A

EPS Growth (5Y)

N/A

Profit Growth (5Y)

N/A

Balance Sheet Health

Excellent

Debt to Equity

0.02x
Excellent

Int. Coverage

95.80x

Free Cash Flow (5Y)

N/A

Shareholding

Excellent

Promoter

69.61%
Poor

FII

1.56%
Poor

DII

0.00%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Indef Manufacturing Share Price: A Financial Analysis

The industrial products sector is currently experiencing a period of heightened demand, driven by infrastructure development and a resurgence in manufacturing activity. This analysis examines the Indef Manufacturing share price, currently trading at ₹295.25, in light of its financial metrics and compared to its industry peers. Our assessment is part of a comprehensive 80-parameter fundamental audit verified by Sweta Mishra.

Indef Manufacturing's share price reflects a Price-to-Earnings (PE) ratio of 36.5. This suggests that investors have relatively high expectations for future earnings growth. Comparing this to sector peers like Pennar Industries Limited, understanding differences in management quality is crucial. Is Indef Manufacturing's leadership demonstrating effective capital allocation and strategic foresight compared to its competition? Further investigation into management's track record and strategic initiatives is warranted.

A particularly concerning metric is the reported Return on Capital Employed (ROCE) of None%. ROCE is a key indicator of a company's profitability relative to the capital invested in the business. A zero or negligible ROCE strongly suggests that Indef Manufacturing is not generating sufficient returns from its investments. This significantly impacts the company's economic moat, making it vulnerable to competition. Without a healthy ROCE, attracting and retaining capital for growth becomes increasingly challenging.

Considering the high PE ratio coupled with the absence of ROCE, investors should approach Indef Manufacturing Ltd with caution. A deeper dive into the underlying reasons for the low ROCE is essential. Are there specific operational inefficiencies, high debt levels, or poor investment decisions contributing to this situation? While the sector's positive outlook might offer some tailwinds, Indef Manufacturing needs to demonstrate a clear path to improved profitability and capital efficiency to justify its current valuation. This analysis is observational and does not constitute investment advice.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Indef Manufacturing Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of BAJAJINDEF across key market metrics for learning purposes.

Positive Indicators

5 factors identified

Strong Revenue Growth (15.29%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Conservative Debt Levels (D/E: 0.02)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (95.80x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (69.61%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Profit Decline Concern (-44.50%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Limited Institutional Interest (FII+DII: 1.56%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Indef Manufacturing Ltd Financial Statements

Comprehensive financial data for Indef Manufacturing Ltd including income statement, balance sheet and cash flow

About BAJAJINDEF (Indef Manufacturing Ltd)

Indef Manufacturing Ltd is a dynamic force in the industrial products sector, specializing in comprehensive material handling solutions. The company distinguishes itself through th...e design, production, and distribution of a diverse portfolio of equipment engineered to optimize efficiency and safety across various industries. Their offerings span from robust mechanical hoists capable of handling heavy loads, to precision-engineered ergonomic handling systems designed to minimize worker strain and enhance productivity. Furthermore, Indef provides advanced overhead crane systems, encompassing both EOT cranes and specialized electric chain and wire rope hoists, ensuring seamless and reliable lifting operations. Their product line extends to innovative stackers and state-of-the-art storage and retrieval solutions, reflecting their commitment to delivering complete and tailored solutions for diverse operational needs. Indef Manufacturing Ltd's commitment to quality and innovation has positioned it as a trusted partner for a wide array of industries demanding reliable and efficient material handling equipment. The company's solutions find application across sectors including the demanding environments of the oil and gas industry, the precision-driven engineering sector, the fast-paced auto and auto ancillary industry, the heavy demands of cement manufacturing, and the intricate operations of the metals industry, among others. This broad reach underscores Indef's versatility and ability to adapt to the specific requirements of each industry. Their expertise and diverse product range allows clients to streamline operations and create a more productive and safe working environment. Established with a vision to revolutionize material handling, Indef Manufacturing Ltd formally began operations in 2022, and is headquartered in the bustling industrial hub of Navi Mumbai. Despite being relatively new, the company leverages an experienced team and cutting-edge technology to rapidly establish itself as a leader in the Indian market. The location allows Indef to readily serve both national and international clients. Indef is quickly gaining a reputation for reliability, responsiveness, and a dedication to exceeding customer expectations through superior products and exceptional service. The company is poised for sustained growth and continued innovation in the evolving landscape of industrial material handling.

Company Details

Symbol:BAJAJINDEF
Industry:Industrial Products
Sector:Industrial Products
Website:https://www.indef.com

Key Leadership

Mr. Amit Bhalla
Managing Director & Director
Mr. Bijay Kumar Agrawal
Chief Financial Officer
Mr. Vineesh Vijayan Thazhumpal
Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date
2025-08-05

Latest News

Bajaj Indef Marks Milestone with Successful Listing on BSE and NSE - Tribune India
Tribune India• 2/22/2025
Bajaj Indef (Indef Manufacturing) Achieves Landmark Milestone with Successful Listing on Exchanges - Moneycontrol
Moneycontrol• 2/25/2025
Powering Vision 500: Bajaj Indef Expands into Access Equipment with Majority Acquisition of Daedalus - Moneycontrol
Moneycontrol• 8/22/2025

BAJAJINDEF Share Price: Frequently Asked Questions

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

As of 30 Mar 2026, 12:06 pm IST, Indef Manufacturing Ltd share price is ₹211.62. The BAJAJINDEF stock has a market capitalisation of ₹1.06K (Cr) on NSE/BSE.

Is BAJAJINDEF share price Overvalued or Undervalued?

BAJAJINDEF share price is currently trading at a P/E ratio of 36.50x, compared to the industry average of 33.94x. Based on this relative valuation, the Indef Manufacturing Ltd stock appears to be Overvalued against its sector peers.

What is the 52-week high and low of BAJAJINDEF share price?

The 52-week high of BAJAJINDEF share price is ₹580.25 and the 52-week low is ₹200.05. These values are updated daily from NSE/BSE price data.

What factors affect the Indef Manufacturing Ltd share price?

Key factors influencing BAJAJINDEF share price include quarterly earnings growth (Sales Growth: 15.29%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

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

Indef Manufacturing Ltd shows a 5-year Profit Growth of N/A% and an ROE of N/A%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.02 before investing in BAJAJINDEF shares.

How does Indef Manufacturing Ltd compare with its industry peers?

Indef Manufacturing Ltd competes with major peers in the Industrial Products. Investors should compare BAJAJINDEF share price P/E of 36.50x and ROE of N/A% against the industry averages to determine competitive standing.

What is the P/E ratio of BAJAJINDEF and what does it mean?

BAJAJINDEF share price has a P/E ratio of 36.50x compared to the industry average of 33.94x. Investors pay ₹37 for every ₹1 of annual earnings.

How is BAJAJINDEF performing according to Bull Run's analysis?

BAJAJINDEF has a Bull Run fundamental score of 24.8/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does BAJAJINDEF belong to?

BAJAJINDEF operates in the Industrial Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting Indef Manufacturing Ltd share price.

What is Return on Equity (ROE) and why is it important for BAJAJINDEF?

BAJAJINDEF has an ROE of N/A%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Indef Manufacturing Ltd generates profits from shareholders capital.

How is BAJAJINDEF debt-to-equity ratio and what does it indicate?

BAJAJINDEF has a debt-to-equity ratio of 0.02, which indicates conservative financing with low financial risk.

What is BAJAJINDEF dividend yield and is it a good dividend stock?

BAJAJINDEF offers a dividend yield of 0.60%, meaning you receive ₹0.60 annual dividend for every ₹100 invested in Indef Manufacturing Ltd shares.

How has BAJAJINDEF share price grown over the past 5 years?

BAJAJINDEF has achieved 5-year growth rates of: Sales Growth N/A%, Profit Growth N/A%, and EPS Growth N/A%.

What is the promoter holding in BAJAJINDEF and why does it matter?

Promoters hold 69.61% of BAJAJINDEF shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Indef Manufacturing Ltd.

What is BAJAJINDEF market capitalisation category?

BAJAJINDEF has a market capitalisation of ₹1061 crores, placing it in the Small-cap category.

How volatile is BAJAJINDEF stock?

BAJAJINDEF has a beta of N/A. A beta > 1 suggests the Indef Manufacturing Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is BAJAJINDEF operating profit margin trend?

BAJAJINDEF has a 5-year average Operating Profit Margin (OPM) of N/A%, indicating the company's operational efficiency.

How is BAJAJINDEF quarterly performance?

Recent quarterly performance shows Indef Manufacturing Ltd YoY Sales Growth of 15.29% and YoY Profit Growth of -44.50%.

What is the institutional holding pattern in BAJAJINDEF?

BAJAJINDEF has FII holding of 1.56% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Indef Manufacturing Ltd stock.

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Frequently Asked Questions about Indef Manufacturing Ltd

What is the current share price of Indef Manufacturing Ltd?

Indef Manufacturing Ltd (BAJAJINDEF) trades at ₹211.62 on NSE and BSE. Market cap ₹1.06K (Cr). Educational data only.

What is the P/E ratio of Indef Manufacturing Ltd?

Indef Manufacturing Ltd has a P/E of 36.50x vs industry average 33.94x.

What is the Bull Run score for Indef Manufacturing Ltd?

Indef Manufacturing Ltd has a Bull Run score of 24.8/100 based on 25+ financial parameters.

Does Indef Manufacturing Ltd pay dividends?

Indef Manufacturing Ltd has a dividend yield of 0.60%. Past dividends don't guarantee future payments.

What is the ROE of Indef Manufacturing Ltd?

Indef Manufacturing Ltd has ROE of N/A. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Indef Manufacturing Ltd?

Indef Manufacturing Ltd has debt-to-equity of 0.02.

Is Indef Manufacturing Ltd a good investment?

Bull Run gives Indef Manufacturing Ltd a score of 24.8/100. This is not investment advice — consult a SEBI-registered advisor.