Indef Manufacturing Ltd Share Price

Engineering - Heavy - Material HandlingNSE
₹202.19
-6.33-3.04% (1D)
As on 5 Oct 2026 at 15:58
As of 5 Oct 2026 at 15:58, Indef Manufacturing Ltd is trading at ₹202.19. The 52-week range stands at ₹201.00–₹442.60, with a market cap of ₹654.24 crore. At a P/E of 24.84 and a dividend yield of 0.00%, it is a small-cap stock in the Capital Goods-Non Electrical Equipment sector.

BAJAJINDEF Price Chart

Market Cap
₹654.24 Cr
PE Ratio
24.84
ROCE
10.22%

Indef Manufacturing Ltd Performance

Indef Manufacturing Ltd Fundamentals

Market Cap₹654.24 Cr
ROE9.57%
P/E Ratio (TTM)24.84
EPS (TTM)₹8.23
P/B Ratio2.40
Dividend Yield0.00%
Industry P/E51.55
Book Value₹85.09
Debt to Equity0.01
Face Value₹1

Indef Manufacturing Ltd Shareholding Pattern

Promoter69.6%
Foreign Institutions1.1%
Mutual Funds0%
Domestic Institutions0%
Public29.3%

Indef Manufacturing Ltd Financial Statements

04080120160200₹180FY24-1.57%₹177FY25+10.72%₹196FY26

*All values are in INR Crore

Indef Manufacturing Ltd Peer Comparison

StocksLTP(₹)Market Cap(Cr)52 Week Low-High(₹)
Cummins India Ltd
₹4,828.10
-31.90(-0.66%)
1,33,834.93,833.0 - 6,100.0
Carborundum Universal Ltd
₹1,267.50
27.80(+2.24%)
24,146.6—
Grindwell Norton Ltd
₹2,003.10
27.30(+1.38%)
22,178.3—
Elgi Equipments Ltd
₹591.25
6.60(+1.13%)
18,737.3—
Ratnamani Metals & Tubes Ltd
₹2,561.45
-57.95(-2.21%)
17,953.7—

About Indef Manufacturing

Indef Manufacturing Limited was incorporated in Mumbai, Maharashtra as a public company, pursuant to a certificate of incorporation dated 12th September, 2022, issued by the Registrar of Companies, Mumbai. The Company was incorporated to undertake the businesses of manufacturing of hoists, cranes and other material handling equipment i.e. the business of Hercules Hoists Limited and specifically the Manufacturing Business. The Company is a leading manufacturer specializing in hoists and cranes, providing an extensive portfolio of overhead material handling solutions, encompassing lifting, moving, and storage applications. The products are engineered to deliver superior operational efficiency and safety across diverse sectors such as manufacturing, construction and infrastructure, warehousing, distribution, and waste management. The product range includes mechanical hoists such as chain pulley blocks and ratchet lever hoists, as well as electric chain hoists and electric wire rope hoists. The solutions are designed to serve the unique needs of large corporations, EPC contractors, and MSMEs operating across both the public and private sectors. The Scheme of Arrangement for Demerger between Hercules Hoists Limited (HHL) and the Company was implemented in August, 2024. Pursuant to the scheme transfer, manufacturing business of the holding Company, i.e. Hercules Hoists Limited was transferred to the Company by way of demerger to segregate the manufacturing business from investment business of Hercules Hoists Limited. After demerger approval from the respective authority, the Company commenced their manufacturing business upon transfer of the Demerged Undertaking of Hercules Hoists Limited to the Company as a going concern. And the Scheme of Arrangement was given effect on September 30, 2024. In terms of the said Scheme, the Company has issued and allotted 3,20,00,000 Equity Shares to the shareholders of Hercules Hoists Limited (HHL) on 11 October, 2024 in the ratio of 1: i.e. 1 equity share of the face value of Re 1 each fully paid-up of the Company is issued and allotted for every 1 equity share of face value of Re 1 each fully paid up held by equity shareholders of Hercules Hoists Limited. The Company has acquired 80% equity stake in Daedalus Lift & Access Equipments Private Limited making it a subsidiary of the Company in 2025-26.

Parent Organisation—
Founded2022
Managing Director—
NSE SymbolBAJAJINDEF

Indef Manufacturing Ltd Resistance and Support levels

R3219.95R2215.33R1212.48S1203.25S2200.40S3195.79202.19

Indef Manufacturing Ltd Technicals

Current Price
₹202.19 ₹6.33 (-3.04%)
Bearish
12
Bullish
0
  • 20 Day6.9%
  • 50 Day9.9%
  • 100 Day15.0%
  • 200 Day22.0%

Indef Manufacturing Ltd Latest News

View More
29 SEPT 2026 | Tuesday
Indef Manufacturing Limited closes trading window for insiders ahead of financial results
06 AUG 2026 | Thursday
Indef Manufacturing to review Q1 financial results at board meeting August 12, 2026
27 MAY 2026 | Wednesday
Indef Manufacturing to conduct AGM
26 MAY 2026 | Tuesday
Board of Indef Manufacturing recommends final dividend
20 MAY 2026 | Wednesday
Indef Manufacturing to table results

2026

Quarterly ResultRelease dateCheck Latest financial
Quarterly ResultRelease dateCheck Latest financial
Quarterly ResultRelease dateCheck Latest financial

Frequently asked questions

The share price of Indef Manufacturing Ltd is ₹202.19 as of 5 Oct 2026 at 15:58.

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