Comparison · NSE · data 2026-11-02
Indef Manufacturing Limited vs Indo Farm Equipment Ltd.
In plain words
Size: Indef Manufacturing Limited is about 1.1 times the market value of Indo Farm Equipment Ltd..
Valuation (P/E): Indef Manufacturing Limited 25.4 vs Indo Farm Equipment Ltd. 22.8.
Return on equity: Indef Manufacturing Limited 9% vs Indo Farm Equipment Ltd. 4.5%.
Debt to equity: Indo Farm Equipment Ltd. 0.27 vs Indef Manufacturing Limited 0.02.
Differences in the numbers, not a recommendation of either stock.
Side by side
| BAJAJINDEF | INDOFARM | |
|---|---|---|
| Price | ₹186 | ₹118.21 |
| Market cap | ₹585 cr | ₹555 cr |
| P/E | 25.4 | 22.8 |
| P/B | — | — |
| ROE | 9.0% | 4.5% |
| ROCE | 6.4% | 7.7% |
| Debt / equity | 0.02 | 0.27 |
| Operating margin | 5.9% | 10.2% |
| Dividend yield | 1.09% | 0.00% |
| Sales growth, 3 years (yearly) | — | 9.9% |
| Profit growth, 3 years (yearly) | — | 26.6% |
| 1-year return | -53.0% | -49.8% |
| Revenue, last 12 months | ₹202 cr | ₹454 cr |
| Net profit, last 12 months | ₹23 cr | ₹25 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹3 cr | ₹6 cr |
| Quarter profit vs a year earlier | -51.4% | +4.2% |
| Promoter holding | 69.61% | 70.63% |
| Health check | Average (4.2/10) | Average (4.9/10) |
Common questions
Which has a higher P/E, Indef Manufacturing Limited or Indo Farm Equipment Ltd.?
Indef Manufacturing Limited trades at the higher P/E (25.4 against 22.8). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Indef Manufacturing Limited (9.0% against 4.5%).
Which carries more debt?
Indo Farm Equipment Ltd. has the higher debt-to-equity ratio (0.27 against 0.02).