Indef Manufacturing Ltd Stock Price Today (NSE: BAJAJINDEF)

Indef Manufacturing Ltd

247.80+3.65 (+1.49%)
Market Closed

Fundamental Score

...

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

Indef Manufacturing Ltd share price today is 247.80, up +1.49% on NSE/BSE as of 22 June 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 207.25. 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
333.00
Low
247.80
Volume
32.8K
Change
-13.94%

Indef Manufacturing Ltd share price chart: -13.94% return over the past month. 52-week high ₹580.25, 52-week low ₹207.25.

Indef Manufacturing Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
242.95251.60242.70247.8022.53K (Cr)
253.70253.70242.20244.1568.46K (Cr)
269.90270.00250.15252.601.32L (Cr)
273.65275.30270.05271.9525.19K (Cr)
280.00282.00271.50272.8540.16K (Cr)
281.70285.00271.60280.5028.27K (Cr)
276.25288.00271.40281.7025.18K (Cr)
276.30280.00270.00276.0530.25K (Cr)
275.00275.95266.10270.0526.30K (Cr)
280.00280.00273.05277.9015.88K (Cr)

Indef Manufacturing Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
253.70253.70242.20247.80-2.33%
302.90323.00250.15252.60-16.61%
215.98333.00215.98299.23+38.55%
230.00271.98207.25211.62-7.99%
295.50320.00247.00248.75-15.82%
338.70379.00288.00294.50-13.05%
342.40368.00308.00337.00-1.58%
382.45400.00330.10335.50-12.28%
352.00442.60344.65382.95+8.79%
363.60420.90333.00362.75-0.23%
436.00449.90350.00361.65-17.05%
537.00580.25393.20428.05-20.29%

AI Research Briefing

Powered by Gemini · 2026-04-09

Short-term hype masks weak fundamentals in this micro-cap industrial play; avoid the FOMO.

Research Confidence
5.0/10Moderate
MICRO-CAP DARK HORSEBreakdown - CMP is -59.4% from 52W high.Expensive - P/E of 36.5x vs Industry P/E of 33.94x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Indef Manufacturing's stock experienced a surge on March 11, 2026, hitting its upper circuit limit with a 13.89% gain, closing at The rally was driven by strong buying momentum, with traded volume reaching 2.47 lakh shares and a turnover of approximately

CORE STORY (THE REAL GAME)

Why Now
  • Upper circuit hit on March 11, 2026
  • IIP growth of 5.2% in February 2026, led by manufacturing
  • Acquisition of Daedalus Lift & Access Equipments in 2025
Potential Catalysts
  • Significant new order wins
  • Faster-than-expected integration of Daedalus
  • Positive revisions in MarketsMOJO rating
Key Risks
  • Micro-cap with inherent liquidity risk
  • MarketsMOJO rates as 'Strong Sell'
  • YoY profit declined by 44.5% in the latest quarter
Institutional Activity

FII holdings slightly decreased by 0.03%.

Macro Context

Industrial growth in India is a tailwind, but global uncertainties pose a headwind.

Order Book / Expansion

No major news found after live search.

Cash Flow Quality

No Free Cash Flow data available.

3–6 Month Outlook

Near-term momentum may continue, but long-term sustainability hinges on improved profitability and order execution. Monitor closely for signs of financial distress.

Primary Thesis Risk

Unsustainable rally driven by speculative buying, not fundamentals.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Return on Equity (ROE)

N/A

Profit generated per ₹1 of shareholder equity

Return on Capital (ROCE)

N/A

Returns generated on total capital deployed

Oper. Profit Margin (5Y Avg)

N/A

Average operating profit margin over 5 years

Dividend Yield

0.60%

Annual dividend as % of current share price

Indef Manufacturing Ltd Valuation Check

Poor

Price to Earnings (P/E)

36.50x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

33.94x

Average P/E of all peers in this sector

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

Shareholding Pattern

Excellent

Promoter Holding

69.61%

% shares held by company founders/management

Poor

FII Holding

1.56%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-44.50%

Net profit growth vs same quarter last year

Average

Revenue Growth (Quarterly YoY)

15.29%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.02x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

95.80x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

N/A

Cash left after capex over 5 years. Positive = self-funded growth

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 vs Industrial Products Peers

Peer Comparison - Industrial Products

Compare Indef Manufacturing Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
24.8/100
248
₹1060.78
36.5
Average
0.0
Excellent
0.60%
67.3/100
3230
₹35916.60
94.8
Average
10.74%
Average
14.28%
Average
0.2
Excellent
95.23%
Excellent
49.23%
Excellent
0.00%
45/100
36180
₹31265.45
60.6
Average
13.70%
Average
18.40%
Good
0.0
Excellent
1.27%
Average
4.95%
Average
0.30%
63.3/100
657
₹22333.05
64.5
Average
21.16%
Excellent
24.35%
Excellent
0.4
Excellent
42.76%
Excellent
21.49%
Excellent
0.00%
48.5/100
2640
₹17963.45
91.3
Average
20.87%
Excellent
19.49%
Good
0.1
Excellent
54.52%
Excellent
20.24%
Excellent
0.00%
43.3/100
15997
₹16059.39
133.5
Average
3.04%
Poor
4.48%
Poor
0.0
Excellent
26.84%
Excellent
13.85%
Good
0.20%
54/100
1054
₹15669.49
68.2
Average
9.45%
Poor
11.67%
Average
0.1
Excellent
12.24%
Good
34.44%
Excellent
0.18%
60.90000000000001/100
1600
₹12879.94
54.5
Average
15.47%
Good
17.80%
Good
0.2
Excellent
24.79%
Excellent
19.06%
Excellent
0.10%
0/100
78
₹7137.25
52.5
Average
0.2
Excellent
0.48%
23.6/100
10668
₹6280.97
176.1
Average
6.21%
Poor
8.96%
Poor
0.8
Good
1.91%
Average
2.68%
Average
0.02%
42.7/100
384
₹5811.25
55.1
Average
14.08%
Average
17.92%
Good
0.2
Excellent
23.08%
Excellent
23.97%
Excellent
1.90%

Indef Manufacturing Ltd PE Ratio History

Historical price-to-earnings ratio for BAJAJINDEF — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202510.68₹337.0031.6x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Indef Manufacturing Ltd Quarterly Performance

Latest quarterly metrics for BAJAJINDEF — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

15.29%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-44.50%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Indef Manufacturing Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for BAJAJINDEF — calculated from daily price history

28RSI 14
Oversold — RSI 28

Selling pressure is heavy — potential reversal zone.

SMA 50
272
▼ Price below SMA 50 — Short-term bearish
SMA 200
325
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
40K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Indef Manufacturing Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Indef Manufacturing Ltd (BAJAJINDEF) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Indef Manufacturing Ltd

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

Key Leadership

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

BAJAJINDEF Share Price: Frequently Asked Questions

What is the current share price of Indef Manufacturing Ltd?

Indef Manufacturing Ltd (BAJAJINDEF) trades at ₹247.80 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.