| Management target | Revenue 25.0% FY27 |
|---|
| Revenue growth | 14.98% YoY growth to ₹104.93 Cr this quarter. |
|---|---|
| Margins | EBITDA margin guidance set at 12.5-13%. |
| Order book | Single-digit initial order book for new tower cranes. |
| Demand visibility | Positive tractor demand; crane demand recovery expected from Q2. |
| Management confidence | Confident, focusing on new capacity and product launches. |
Growth
Revenue rose 14.98% YoY to ₹104.93 Cr, driven by 36% tractor growth; crane revenue remained flat.
Outlook
Projected 20-25% overall revenue growth for FY27, with 12.5-13% EBITDA margins.
Risks
Stagnant crane dealer network (25) and margin pressure from new emission norms (Trem III to V).
Last quarter's promises, checked
Delivered
- Guided tractor growth 25-30% → delivered 36.29% (= BEAT)
- Guided crane production start Q2 FY27 → delivered on track (= BEAT)
- Guided 225+ tractor dealers → delivered 225+ (= BEAT)
Partly delivered
- Guided crane dealer network 25+ → delivered 25 (= PARTIAL)
Missed
- Guided crane revenue growth 15-20% → delivered flat YoY (= MISS)
- Guided 13% EBITDA margin → delivered 12.5% (= MISS)
Earnings Call Transcript filed with NSE, NSE: INDOFARM. Summary written with AI assistance from the document.
Indo Farm Equipment Ltd: key numbers
- Share price
- ₹139.90
- Market cap
- ₹672.2 Cr
- Revenue (annual)
- ₹440.0 Cr
- Net profit (annual)
- ₹24.69 Cr
- P/E (TTM)
- 27.0×Sector 32.1×
- Promoter holding
- 70.63%+0.17% QoQ
- FII holding
- 0.08%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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