BAJAJINDEF · Indef Manufacturing Ltd · Misc. Capital Goods
BAJAJINDEF · Indef Manufacturing Ltd · Misc. Capital Goods
As of 06 Nov close
52-week range
55.3% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹34 Cr
Revenue YoY
PAT YoY
-2.6%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
2.8
P/S (TTM)
3.6
Sector P/E
28.6
Dividend yield
+0.9%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| BAJAJINDEF (this stock) | 34.1 | 2.8 | +11.6% | +8.7% | 0.01 | +0.9% |
| Bharat Heavy Electricals | 92.4 | 5.6 | +6.8% | Not available from data source | 0.64 | +0.3% |
| Suzlon Energy | 25.9 | 6.9 | +18.0% | +33.2% | 0.06 | 0.0% |
| Thermax | 97.9 | 8 | +5.5% | +10.7% | 0.42 | +0.4% |
Promoter
stable
FII
falling 1q
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedIndef Manufacturing Limited (BAJAJINDEF) submitted a corrigendum to its FY2025-26 annual report, addressing non-material disclosure corrections in the Directors' Report, Management Discussion & Analysis, and related party disclosures in the Consolidated Financial Statements. The corrections do not affect financial figures, profit, earnings per share, or net worth. The company also appointed Shri Mahendrakumar Gohel as an Independent Director, bringing expertise in corporate accounts, taxation, and compliance. The audit report confirmed the financial statements' fairness, with no material misstatements detected. The company faced challenges in filing Form FC-GPR for Non-Resident Shareholders post-demerger but remains compliant with statutory dues and governance standards.
- Corrigendum issued for non-material disclosure corrections in Directors' Report and related party disclosures, with no impact on financial figures.
- Appointment of Shri Mahendrakumar Gohel as Independent Director, enhancing governance and financial oversight.
- Audit confirmed fairness of financial statements with no material misstatements detected.
- Company compliant with statutory dues and governance standards, though faced delays in filing Form FC-GPR for Non-Resident Shareholders.
Key takeaway: Indef Manufacturing Limited addressed non-material disclosure corrections in its annual report, appointed an experienced Independent Director, and maintained compliance with statutory and governance requirements, though it faces a specific compliance challenge with Form FC-GPR filings.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
No item of a kind that needs attention was stored for this company.
Contingent Liability
2 occurrencesRecent (last 12 months)
INDEF MANUFACTURING LIMITED has a disputed income tax liability and bank guarantees listed as contingent liabilities as of March 31, 2026.
Earlier (1-3 years ago)
The company has a disputed income tax liability and bank guarantee as contingent liabilities as of March 31, 2025.
Related-Party Transaction
1 occurrenceRecent (last 12 months)
The company has disclosed related parties including Hind Musafir Agency Ltd., Hindustan Housing Co. Ltd., Mukand Limited, Bajaj General Insurance Ltd., and Bajaj International Pvt. Ltd., with specified relationships involving directors and shareholding.
Statutory dues in dispute
2 occurrencesRecent (last 12 months)
The company has statutory dues aggregating to Rs.128.35 lakhs pending before the appropriate authorities as of March 31, 2026.
Earlier (1-3 years ago)
The company has statutory dues aggregating to Rs.128.35 lakhs pending before the appropriate authorities as of March 31, 2025.
Management & Board Governance
1 occurrenceRecent (last 12 months)
Shri Nirav Nayan Bajaj has resigned as Director of the Company with effect from May 27, 2025.