INDEF MANUFACTURING LTD (BAJAJINDEF) financials

INDEF MANUFACTURING LTD (BAJAJINDEF) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 2022, Indef ManufacturingLtd is in the manufacturing business[1]

Market Cap: ₹645Cr.
Current Price: ₹202
Stock P/E: 24.5
ROE: 10.1%
ROCE: 10.8%
Book Value: ₹85.1
Dividend Yield: 0.99%
52W High / Low: ₹449/195

In Jun 2026, INDEF MANUFACTURING LTD (BAJAJINDEF) reported sales ₹28.24 Cr and net profit ₹5.84 Cr.

Annual TTM: sales ₹186 Cr, net profit ₹26 Cr.

Shareholding: Promoters 69.61% (Jun 2026), FIIs 1.11% (Jun 2026), DIIs 0.00% (Jun 2026), Public 29.27% (Jun 2026), No. of Shareholders 19,479% (Jun 2026).

BAJAJINDEF quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	42.77	44.22	51.59	38.13	47.85	48.63	61.06	28.24
Expenses	35.94	36.70	40.93	34.28	41.20	43.44	51.03	29.43
Operating Profit	6.83	7.52	10.66	3.85	6.65	5.19	10.03	-1.19
OPM %	15.97%	17.01%	20.66%	10.10%	13.90%	10.67%	16.43%	-4.21%
Other Income	5.84	3.31	4.30	5.32	2.80	4.36	-4.33	9.13
Interest	0.11	0.10	0.09	0.08	0.07	0.06	0.05	0.04
Depreciation	1.36	1.33	1.28	1.27	1.33	1.17	2.00	1.17
Profit before tax	11.20	9.40	13.59	7.82	8.05	8.32	3.65	6.73
Tax %	-0.98%	24.89%	25.39%	24.94%	16.77%	25.48%	-99.73%	13.22%
Net Profit	11.31	7.06	10.14	5.86	6.70	6.20	7.29	5.84
EPS in Rs	—	2.21	3.17	1.83	2.09	1.94	2.28	1.82
Raw PDF	—	—	—	—	—	—	—	—

BAJAJINDEF profit and loss (₹ Cr.)
Category	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	0	180	177	196	186
Expenses	0	150	146	170	165
Operating Profit	-0	29	31	26	21
OPM %	11%	16%	17%	13%	11%
Other Income	0	13	17	8	12
Interest	0	1	0	0	0
Depreciation	0	4	5	6	6
Profit before tax	-0	38	42	28	27
Tax %	0%	28%	19%	6%	—
Net Profit	-0	27	34	26	26
EPS in Rs	—	—	10.70	8.14	8.13
Dividend Payout %	0%	0%	0%	0%	—

BAJAJINDEF balance sheet (₹ Cr.)
Category	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	0.01	3	3	3
Reserves	-0	216	250	269
Borrowings	0	5	4	2
Other Liabilities	0	53	44	51
Total Liabilities	0	277	301	326
Fixed Assets	0	34	35	35
CWIP	0	0	2	0
Investments	0	181	199	215
Other Assets	0	63	65	75
Total Assets	0	277	301	326

BAJAJINDEF cash flows (₹ Cr.)
Category	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-0	29	5	32
Cash from Investing Activity	0	-31	-10	-25
Cash from Financing Activity	0	-2	-2	-8
Net Cash Flow	0	-3	-7	-2
Free Cash Flow	-0	27	-3	28
CFO/OP	100%	114%	34%	151%

BAJAJINDEF shareholding pattern (%)
Category	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	69.61%	69.61%	69.61%	69.61%	69.61%	69.61%
FIIs	1.57%	1.59%	1.56%	1.56%	1.57%	1.11%
DIIs	0.00%	0.00%	0.00%	0.00%	0.13%	0.00%
Public	28.82%	28.80%	28.83%	28.83%	28.70%	29.27%
No. of Shareholders	18,762	20,032	20,682	20,163	19,622	19,479

BAJAJINDEF key ratios
Category	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	—	40	64	48
Inventory Days	—	83	87	93
Days Payable	—	84	87	95
Cash Conversion Cycle	—	39	64	46
Working Capital Days	—	6	51	44
ROCE %	—	34%	18%	11%

BAJAJINDEFUpdated 15 Oct 2026, 2:47

Indef Manufacturing Ltd

BAJAJINDEFUpdated 15 Oct 2026, 2:47

Market Cap

₹645Cr.

Current Price

₹202

High / Low

₹449/195

Stock P/E

24.5

ROE10.1%

ROCE10.8%

Book Value₹85.1

Face Value₹1.00

Dividend Yield0.99%

About

Incorporated in 2022, Indef ManufacturingLtd is in the manufacturing business[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Dec 2023	39.94	0.13	33.92	3.62	1.08	8.43	33.57	5.6	—
Mar 2024	57.3	0.13	43.99	3.71	1.1	15.79	26.09	11.66	—
Jun 2024	38.14	0.12	32.5	3.53	1.19	7.86	27.1	5.73	—
Sep 2024	42.77	0.11	35.94	5.84	1.36	11.2	-0.98	11.31	—
Dec 2024	44.22	0.1	36.7	3.31	1.33	9.4	24.89	7.06	2.21
Mar 2025	51.59	0.09	40.93	4.3	1.28	13.59	25.39	10.14	3.17
Jun 2025	38.13	0.08	34.28	5.32	1.27	7.82	24.94	5.86	1.83
Sep 2025	47.85	0.07	41.2	2.8	1.33	8.05	16.77	6.7	2.09
Dec 2025	48.63	0.06	43.44	4.36	1.17	8.32	25.48	6.2	1.94
Mar 2026	61.06	0.05	51.03	-4.33	2	3.65	-99.73	7.29	2.28
Jun 2026	28.24	0.04	29.43	9.13	1.17	6.73	13.22	5.84	1.82

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2023	0	0	0	0	0	0	0	0	—
Mar 2024	180	1	150	13	4	38	28	27	—
Mar 2025	177	0	146	17	5	42	19	34	10.7
Mar 2026	196	0	170	8	6	28	6	26	8.14
TTM	186	0	165	12	6	27	—	26	8.13

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	69.61%
FIIs	1.11%
Public	29.27%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Mar 2025	69.61%	1.57%	0%	28.82%
Jun 2025	69.61%	1.59%	0%	28.8%
Sep 2025	69.61%	1.56%	0%	28.83%
Dec 2025	69.61%	1.56%	0%	28.83%
Mar 2026	69.61%	1.57%	0.13%	28.7%
Jun 2026	69.61%	1.11%	0%	29.27%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2023	0.01	0	0	0	0	0	0	0	0	0
Mar 2024	3	216	5	53	277	34	0	181	63	277
Mar 2025	3	250	4	44	301	35	2	199	65	301
Mar 2026	3	269	2	51	326	35	0	215	75	326

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2023	0	0	0	0
Mar 2024	29	-31	-2	-3
Mar 2025	5	-10	-2	-7
Mar 2026	32	-25	-8	-2

Key ratios

Historical financial ratios

Category	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	—	40	64	48
Inventory Days	—	83	87	93
Days Payable	—	84	87	95
Cash Conversion Cycle	—	39	64	46
Working Capital Days	—	6	51	44
ROCE %	—	34%	18%	11%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of INDEF MANUFACTURING LTD (BAJAJINDEF)?

The reported market capitalisation for INDEF MANUFACTURING LTD (BAJAJINDEF) is ₹645Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of BAJAJINDEF?

The current price shown for INDEF MANUFACTURING LTD (BAJAJINDEF) on Fincrux is ₹202 with a 52-week high/low of ₹449/195.

What is the P/E ratio of INDEF MANUFACTURING LTD (BAJAJINDEF)?

The stock P/E for INDEF MANUFACTURING LTD (BAJAJINDEF) is 24.5 on Fincrux, with ROE at 10.1% and ROCE at 10.8%.

What were BAJAJINDEF latest quarterly results?

For Jun 2026, INDEF MANUFACTURING LTD (BAJAJINDEF) reported sales ₹28.24 Cr and net profit ₹5.84 Cr (figures in ₹ crore unless noted).

What are BAJAJINDEF annual sales and net profit?

For TTM, INDEF MANUFACTURING LTD (BAJAJINDEF) shows sales of ₹186 Cr and net profit of ₹26 Cr on the Fincrux profit & loss statement.

Who owns INDEF MANUFACTURING LTD (BAJAJINDEF)?

Latest shareholding for INDEF MANUFACTURING LTD (BAJAJINDEF) on Fincrux: Promoters 69.61% (Jun 2026), FIIs 1.11% (Jun 2026), DIIs 0.00% (Jun 2026), Public 29.27% (Jun 2026), No. of Shareholders 19,479% (Jun 2026).

Where can I find INDEF MANUFACTURING LTD (BAJAJINDEF) financials?

INDEF MANUFACTURING LTD (BAJAJINDEF) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show BAJAJINDEF balance sheet and cash flow?

Yes. The INDEF MANUFACTURING LTD (BAJAJINDEF) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 15 October 2026 at 2:47