Indo Farm Equipment Key Ratios
NSE: INDOFARM | BSE: 544328
₹131.08
As on 16-Oct-2026IST
Market cap
₹630 Cr
Revenue (TTM)
₹454 Cr
P/E Ratio
25.3
P/B Ratio
1.1
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -17.72 | 14.53 | 11.14 | 5.88 | 10.44 |
| EBIT | -29.80 | 6.51 | -3.41 | -2.10 | 52.36 |
| Net Profit | -35.10 | 4.12 | -6.07 | 17.12 | 23.53 |
| EPS | -35.11 | 4.10 | -11.58 | 7.88 | 17.59 |
| Book Value | -- | -- | 4.74 | 14.40 | 10.60 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 9.72 | 12.32 | 10.24 | 10.41 | 12.25 |
| Net Margin
| 5.03 | 4.74 | 5.42 | 5.53 | 6.04 |
| Return on equity
| 4.84 | 5.18 | 4.54 | 4.54 | 5.63 |
| Return on Capital
| 7.46 | 8.27 | -- | 7.44 | 7.76 |
| Return on Assets
| 3.23 | 2.76 | 3.25 | 3.20 | 3.33 |
| Debt to Equity (x)
| -- | -- | 0.08 | 0.27 | 0.32 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
--
|
7.44
|
7.76
|
9.01
|
8.90
|
|
Peer Median
|
--
|
27.94
|
44.34
|
65.51
|
--
|
ROE
4.54
Lower than Peers by 21.74
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
4.54
|
4.54
|
5.63
|
5.17
|
5.44
|
|
Peer Median
|
26.28
|
20.43
|
32.88
|
57.55
|
--
|
ROA
3.25
Lower than Peers by 12.03
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
3.25
|
3.20
|
3.33
|
2.42
|
2.47
|
|
Peer Median
|
15.28
|
11.93
|
6.25
|
20.43
|
--
|
EBIT Margin
10.24
Lower than Peers by 2.37
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
10.24
|
10.41
|
12.25
|
13.71
|
13.17
|
|
Peer Median
|
12.61
|
11.16
|
13.71
|
12.72
|
--
|
Net Margin
5.42
Lower than Peers by 4.93
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
5.42
|
5.53
|
6.04
|
4.10
|
4.13
|
|
Peer Median
|
10.35
|
9.45
|
17.12
|
11.31
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
--
|
8.40
|
8.87
|
6.85
|
6.53
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
11.14
Lower than Peers by 10.30
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
11.14
|
13.64
|
3.19
|
1.21
|
5.30
|
|
Peer Median
|
21.44
|
21.42
|
21.24
|
15.40
|
--
|
EBIT Growth
-3.41
Lower than Peers by 19.88
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
-3.41
|
-3.37
|
-7.84
|
5.37
|
14.96
|
|
Peer Median
|
16.46
|
17.08
|
-10.63
|
14.01
|
--
|
Net Profit Growth
-6.07
Lower than Peers by 21.41
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
-6.07
|
4.87
|
52.87
|
0.20
|
12.05
|
|
Peer Median
|
15.33
|
23.99
|
-7.20
|
9.39
|
--
|
EPS Growth
-11.58
Lower than Peers by 30.21
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
-11.58
|
4.87
|
19.47
|
0.20
|
13.39
|
|
Peer Median
|
18.63
|
23.39
|
-40.60
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
--
|
4.74
|
73.61
|
5.37
|
5.67
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.08
Higher than Peers by 0.08
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
0.08
|
0.27
|
0.32
|
0.88
|
0.97
|
|
Peer Median
|
0.00
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
--
|
0.13
|
0.13
|
0.42
|
0.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.93
Higher than Peers by 1.21
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
2.93
|
2.86
|
2.74
|
1.50
|
1.42
|
|
Peer Median
|
1.72
|
1.91
|
1.14
|
1.44
|
--
|
Quick Ratio
1.75
Higher than Peers by 0.39
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
1.75
|
1.72
|
1.72
|
0.80
|
0.69
|
|
Peer Median
|
1.35
|
1.53
|
1.02
|
1.35
|
--
|
Interest Coverage
3.06
Lower than Peers by 218.62
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
3.06
|
3.00
|
2.09
|
1.84
|
1.80
|
|
Peer Median
|
221.68
|
67.24
|
166.29
|
36.57
|
--
|
Operating Efficiency
Debtors to sales
26.38
Higher than Peers by 6.92
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
26.38
|
27.22
|
27.83
|
27.82
|
20.07
|
|
Peer Median
|
19.46
|
22.81
|
9.12
|
19.07
|
--
|
Asset Turnover
0.59
Lower than Peers by 0.93
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
0.59
|
0.57
|
0.55
|
0.59
|
0.60
|
|
Peer Median
|
1.52
|
1.28
|
0.40
|
1.57
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
--
|
94.37
|
100.01
|
86.96
|
72.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
--
|
146.03
|
159.23
|
159.40
|
160.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
--
|
44.96
|
54.48
|
54.55
|
62.92
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
--
|
195.44
|
204.75
|
191.81
|
169.81
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
25.28
Lower than Peers by 81.46
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
25.28
|
21.61
|
31.56
|
--
|
--
|
|
Peer Median
|
106.74
|
106.74
|
48.87
|
75.42
|
--
|
Price / Book Value
1.12
Lower than Peers by 15.12
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
1.12
|
0.96
|
1.40
|
--
|
--
|
|
Peer Median
|
16.24
|
16.24
|
12.68
|
35.58
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.15
|
0.15
|
0.66
|
0.18
|
--
|
EV/EBITDA
10.77
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
10.77
|
9.37
|
13.21
|
4.68
|
5.04
|
|
Peer Median
|
--
|
91.54
|
68.62
|
117.38
|
--
|
Market Cap
630
Lower than Peers by 1,32,805
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Farm Equipment
|
630
|
534
|
743
|
--
|
--
|
|
Peer Median
|
1,33,435
|
1,33,435
|
1,06,030
|
1,07,623
|
--
|