Want to see IN:BAJAJINDEF full AI Analyst Report?
Indef Manufacturing Limited (BAJAJINDEF) Price & Analysis
BAJAJINDEF Stock Chart & Stats
- Day’s Range
- INR 180.40 - INR 191.95
- 52-Week Range
- INR 170.10 - INR 404.00
- Previous Close
- INR 186.70
- Volume
- N/A
- Average Volume (3M)
- 1,236
- Market Cap
- INR 5.85B
- Enterprise Value
- INR 6.71B
- Total Cash (Recent Filing)
- INR 55.55M
- Total Debt (Recent Filing)
- INR 0
- Price to Earnings (P/E)
- 24.8
- Beta
- 1.54
- Next Earnings
- Nov 02, 2026
- EPS Estimate
- N/A
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 1.10%
Bulls Say, Bears Say
Bulls Say
Very Low Leverage
Extremely low leverage gives the company a substantial financial cushion and reduces debt-service pressure. This supports resilience through operating volatility while preserving flexibility to fund working capital, pursue expansion, or withstand weaker earnings without relying heavily on external financing.
Strong Revenue Expansion
Revenue growth of 103% demonstrates strong recent top-line momentum and potential expansion in the company’s business activity. If this scale can be sustained, it can broaden the earnings base, improve operating leverage, and create greater capacity for reinvestment over the next several quarters.
Improved Cash Generation
The sharp improvement in operating and free cash flow strengthens internally generated funding and reduces dependence on borrowing or equity financing. Positive free cash flow also provides greater flexibility to support operations, invest in growth, and absorb periods of uneven profitability.
Bears Say
Gross Margin Compression
The substantial decline in gross margin indicates that the latest revenue growth converted less efficiently into gross profit. Persistent cost increases, pricing pressure, or an unfavorable business mix could limit operating leverage and make future earnings more sensitive to revenue fluctuations.
Lower Earnings Conversion
Falling net margin and lower net income despite much higher revenue point to materially weaker earnings conversion. This reduces the quality and durability of the recent growth signal, while limiting retained earnings available for reinvestment and weakening returns if the trend persists.
Uneven Cash Conversion
Although cash generation improved, the prior-year negative free cash flow and only partial coverage of FY2026 net income show that accounting earnings have not converted consistently into cash. Continued uneven conversion could constrain self-funded growth and make liquidity more dependent on balance-sheet strength.
Indef Manufacturing Limited News
BAJAJINDEF FAQ
What was Indef Manufacturing Limited’s price range in the past 12 months?
What is Indef Manufacturing Limited’s market cap?
When is Indef Manufacturing Limited’s upcoming earnings report date?
How were Indef Manufacturing Limited’s earnings last quarter?
Is Indef Manufacturing Limited overvalued?
Does Indef Manufacturing Limited pay dividends?
What is Indef Manufacturing Limited’s EPS estimate?
How many shares outstanding does Indef Manufacturing Limited have?
What happened to Indef Manufacturing Limited’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Indef Manufacturing Limited?
What is the TipRanks Smart Score and how is it calculated?
Company Description
Indef Manufacturing Limited
Established in 2022 and headquartered in Navi Mumbai, India, Indef Manufacturing Ltd. specializes in providing comprehensive material handling solutions throughout India. The company is actively involved in the fabrication, sale, distribution, and marketing of a diverse range of equipment. This includes mechanical, electric chain, and wire rope hoists, various overhead and EOT cranes, ergonomic handling systems, stackers, and sophisticated storage and retrieval technologies. Indef serves numerous critical industrial sectors, such as oil and gas, engineering, automotive (including its ancillary businesses), cement, and metals, among others.
- Sector
- General
- Industry
- Agricultural - Machinery
- CEO
- Amit Bhalla
- Employees
- 188
- Website
- www.indef.com
- Address
- Shelton Cubix, 501-504, Navi Mumbai, MA, 400614, IN
Indef Manufacturing Limited (BAJAJINDEF) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 3 | 6 | 13 |
| Technical Analysis | 2 | 6 | 2 |
| Moving Averages | 1 | 0 | 11 |
Similar Stocks
| Company | Price & Change | Follow |
|---|---|---|
| IN:ESCORTSEscorts Kubota Limited | ||
| IN:JISLDVREQSJain Irrigation Systems Limited | ||
| IN:RMDRIPR M Drip And Sprinklers Systems Limited | ||
| IN:VSTTILLERSVST Tillers Tractors Limited | ||
| IN:INDOFARMIndo Farm Equipment Ltd. |

