📝 Indef Manufacturing Limited — results explained
Quarter ended June 2026 (Q1 FY27)
Indef Manufacturing Limited reported revenue of ₹28 crore for the quarter ended June 2026 (Q1 FY27), down 25.9% from ₹38 crore in the same quarter last year, and down 53.8% sequentially over the March 2026 quarter.
Net profit fell 0.5% year-on-year to ₹6 crore, from ₹6 crore.
Operating profit stood at ₹-1 crore — an operating margin (OPM) of -4.2%, compared with 10.1% in the year-ago quarter.
Full year and trailing twelve months
For the full year FY26, Indef Manufacturing Limited posted revenue of ₹196 crore, with a net profit of ₹26 crore.
On a trailing-twelve-month (TTM) basis, revenue stands at ₹186 crore with a net profit of ₹26 crore.
Valuation snapshot
At the current price of ₹201.18, BAJAJINDEF has a market capitalisation of ₹644 crore and a trailing P/E of about 24.7.
Within the Industrial Products industry, it is the 10th-largest of the 90 companies we track by market value.
Shareholding pattern
As of Sep 2026, promoters held 69.61%, foreign institutional investors (FIIs) 0.64%, public shareholders 29.75% of Indef Manufacturing Limited.