# Indef Manufacturing (NSE: BAJAJINDEF) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/BAJAJINDEF · Pivot · prices to 21 Oct 2026

Indef Manufacturing (NSE: BAJAJINDEF) closed at ₹194.41 on 21 Oct 2026. With a market capitalisation of ₹625 Cr, it ranks 1695th by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Capital Goods sector; its industry is Farm & Heavy Construction Machinery.

At its last close the stock traded at 26.5× trailing earnings, against a return on equity of 13.5% in FY25. Over the past year the share price has fallen 53.7%. Its 52-week range is ₹193.71 (21 Oct 2026) to ₹421.00 (21 Oct 2025); the last close is 53.8% below the high. In Q4 FY26, the quarter ended 31 Mar 2026, revenue was ₹68 Cr (+28.4% year on year) and net profit ₹7 Cr (−33.9%), on a consolidated basis. Promoters held 69.61% of the company as of 30 Jun 2026.

## Key numbers

| Metric | Value |
| --- | --- |
| Last close | ₹194.41 |
| Market cap | ₹625 Cr |
| P/E (trailing) | 26.5 |
| ROE | 13.5% (FY25) |
| ROCE | 15.8% (FY25) |
| Debt to equity | 0 |
| 52-week high | ₹421.00 (21 Oct 2025) |
| 52-week low | ₹193.71 (21 Oct 2026) |
| 1-year return | −53.7% |

## Quarterly results (₹ crore, consolidated)

| Quarter | Revenue | Revenue YoY | Net profit | Net profit YoY | EPS (₹) |
| --- | --- | --- | --- | --- | --- |
| Q4 FY26 | ₹68 Cr | +28.4% | ₹7 Cr | −33.9% | ₹2.13 |
| Q3 FY26 | ₹51 Cr | +13.2% | ₹5 Cr | −31.3% | ₹1.53 |
| Q2 FY26 | ₹49 Cr | +15.3% | ₹6 Cr | −44.9% | ₹1.96 |
| Q1 FY26 | ₹40 Cr | +4.1% | ₹6 Cr | −1.4% | ₹1.77 |
| Q4 FY25 | ₹53 Cr | — | ₹10 Cr | — | ₹3.17 |
| Q3 FY25 | ₹45 Cr | — | ₹7 Cr | — | ₹2.19 |
| Q2 FY25 | ₹43 Cr | — | ₹11 Cr | — | ₹3.53 |
| Q1 FY25 | ₹38 Cr | — | ₹6 Cr | — | ₹1.79 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY25 | ₹177 Cr | ₹34 Cr |
| FY24 | ₹0 Cr | −₹0 Cr |
| FY23 | ₹0 Cr | −₹0 Cr |

## Shareholding (30 Jun 2026)

- Promoters: 69.61%
- Foreign institutions: 1.11%
- Non-institutions: 29.28%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [OM INFRA](https://app.pivotnow.in/stock/OMINFRAL) | ₹66.50 | ₹640 Cr | 31.7 | — |
| [Supreme Power](https://app.pivotnow.in/stock/SUPREMEPWR) | ₹253.05 | ₹632 Cr | 14.4 | — |
| [Ecos (India) Mobility & Hospitality](https://app.pivotnow.in/stock/ECOSMOBLTY) | ₹105.03 | ₹630 Cr | 11 | — |
| [DCM Shriram International](https://app.pivotnow.in/stock/DCMSIL) | ₹72.00 | ₹626 Cr | — | — |
| [Mazda](https://app.pivotnow.in/stock/MAZDA) | ₹303.30 | ₹607 Cr | 22.1 | — |
| [Fabtech Technologies](https://app.pivotnow.in/stock/FABTECH) | ₹132.50 | ₹589 Cr | 13.2 | — |

## Questions and answers

### What is the share price of Indef Manufacturing today?

Indef Manufacturing (NSE: BAJAJINDEF) last closed at ₹194.41 on 21 Oct 2026. Its 52-week high is ₹421.00 and its 52-week low is ₹193.71.

### What is the market cap of Indef Manufacturing?

Indef Manufacturing's market capitalisation is ₹625 Cr (₹625 Cr) at the 19 Oct 2026 close, ranking 1695th among the NSE companies Pivot tracks.

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

Indef Manufacturing trades at a trailing P/E of 26.5. The median P/E of the 5 closest Capital Goods peers by market cap is 14.4.

### What is the ROE and ROCE of Indef Manufacturing?

Return on equity was 13.5% in FY25 and return on capital employed was 15.8% in FY25 (standalone figures).

### Is Indef Manufacturing a debt-free company?

Indef Manufacturing is close to debt-free: its debt-to-equity ratio was 0 in FY25.

### What were Indef Manufacturing's latest quarterly results?

For Q4 FY26 (quarter ended 31 Mar 2026), Indef Manufacturing reported revenue of ₹68 Cr, +28.4% year on year, and net profit of ₹7 Cr, −33.9% year on year.

### How has Indef Manufacturing stock performed over the last year?

Indef Manufacturing's share price has fallen 53.7% over the past year, −16.5% over three months and −12.0% over one month, to the 19 Oct 2026 close.

### What is the shareholding pattern of Indef Manufacturing?

As of 30 Jun 2026: promoters 69.61%, foreign institutions 1.11%, non-institutions 29.28%.

### Who are Indef Manufacturing's competitors?

The listed Capital Goods companies closest to Indef Manufacturing by market cap are OM INFRA, Supreme Power, Ecos (India) Mobility & Hospitality, DCM Shriram International, Mazda and Fabtech Technologies.

### Is Indef Manufacturing a good stock to buy?

Pivot does not give buy or sell recommendations. This page sets out Indef Manufacturing's price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on BAJAJINDEF against its own history before risking money. This is analysis, not financial advice.

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Sources: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.