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1D
1W
1M
1Y
3Y
5Y
Max
Open169.8
High170.1
Low169.85
Prev. Close168.6
Avg. Traded Price170.01
Volume6,921

MARKET DEPTH

info2
Total bid16,569.00
Total ask2,989.00
OrdersQtyBid
289171.97
110170.69
3999170
369169.85
1355169.8
AskQtyOrders
165.2211000
166140
168274
169.81100
169.84169

HIGH/LOW

info2
1d
1w
1m
3m
52w

LOW/HIGH

169.85an hour ago
170.102 hours ago
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LOWER/UPPER CIRCUITS

165.22
171.97
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Indo Farm Equipment Ltd Stock performance
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KEY OBSERVATIONS

info
positive
negative
neutral
noteAnnual Revenue,rose 3.69%, in the last year to ₹389.81 Cr. Its sector's average revenue growth for the last fiscal year was 7.22%.
noteAnnual Net Profit,rose 52.87% in the last year to ₹23.55 Cr. Its sector's average net profit growth for the last fiscal year was 0.52%.
noteInterest Coverage Ratio,is 2.55, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
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Indo Farm Equipment Limited was originally incorporated as ‘Welcut Tools Private Limited’ on October 05, 1994 at Chandigarh as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Punjab, H.P. Chandigarh. Subsequently, the name of the company was changed to ‘Welcut Industries Private Limited’ vide special resolution passed by the shareholders of the company in their meeting held on January 11, 1995 and a fresh Certificate of Incorporation consequent to the change of name was granted to the company on February 21, 1995, by the Registrar of Companies, Punjab, H.P. Chandigarh. Further, the company was converted into Public Limited Company pursuant to special resolution passed by the shareholders of the company in their meeting held on June 29, 1999 and the name of the company was changed to ‘Indo Farm Equipment Limited’ and a Fresh Certificate of Incorporation consequent upon conversion of company to Public Limited dated July 05, 1999 was issued by Registrar of Companies, Punjab, H.P. Chandigarh.Further, the name of the company was changed to ‘Indo Farm Tractors Motors Limited’ vide special resolution passed by the shareholders of the company in their meeting dated October 28, 2003 and as fresh Certificate of Incorporation was issued on October 30, 2003 by Registrar of Companies, Punjab, H.P. Chandigarh. Thereafter, the name of the company was changed to ‘Indo Farm Industries Limited’ vide special resolution passed by the shareholders of the company in their meeting dated December 03, 2007 and a fresh Certificate of Incorporation was issued dated December 18, 2007 by Assistant Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Subsequently, the name of the company was changed to ‘Indo Farm Equipment Limited’ vide special resolution passed by the shareholders of the company in their meeting dated October 24, 2009 and a fresh Certificate of Incorporation was issued on November 04, 2009 by Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh.Indo Farm Equipment is a fully integrated established manufacturer of Tractors and Pick Carry Cranes. It also deals in other farm equipment such as Harvester Combines, Rotavators and other related spares components, which do not materially contribute to total revenue of the company. Its products are being exported to various countries. Its ISO 9001:2015 certified manufacturing facilities of Industrial lands at Baddi, Himachal Pradesh which includes a captive foundry unit and dedicated machine shop, fabrication and assembling units for Tractors, pick Carry Cranes and other equipments.The company’s facilities are equipped with induction furnaces, pneumatic molding machines, automatic molding line, sand plant, fully equipped Metallurgy and Sand Testing Laboratory, Machining Center, Gear Shop, Press Shop, Fabrication Shop, Paint Shop, Assembly unit, Quality Room Utility room. Its integrated operations enable it to manufacture some of the critical machine components in-house which reduces its dependence on third parties, streamlines its production process and improves its operational efficiencies. In addition, it also enables it to maintain control over the entire manufacturing process and also provide better delivery timelines to its customers at a more competitive cost.Business area of the companyThe company is engaged in the activity of manufacturing tractors, pick carry cranes and other farm equipments.Products of the companyTractorsPick carry cranesOther farm equipmentsAwards, accreditations and recognitions2003: Ranbir Singh Khadwalia has been awarded “Bharti Entrepreneur of the year award by Bharti Centre Entrepreneurial Initiatives (BCEI).2005: Ranbir Singh Khadwalia being awarded ‘Udyog Ratna Award 2005’ presented by Shri Virbhadra Singh Hon’ble Chief Minister of Himachal Pradesh.2012: It achieved the great Indian Tractor Journey from Baddi to Kanyakumari covering 28 cities and around 7000 kms.2012: Indofarm tractor creates longest Himalayan expedition on tractor, covering 3623; kms in 14 days started from Baddi Solan, Himachal Pradesh at 7.30 pm on 23 May 2012 and returned at 11 am on 6 June 2012 having crossed 12 Himalayan passes including Khardungla pass (18380 ft).2013: Recognised as Emerging brand in Agriculture Sector Award 2013 by ABP News.2015: Anshul Khadwalia being awarded ‘CZARS of North -2015’ by Hon’ble Deputy Chief Minister of Punjab.2016: Anshul Khadwalia being awarded ‘Zee Excellence Awards 2016 Excellence in Business’ by Hon’ble Governor of Himachal Pradesh.2016: Anshul Khadwalia being as Awarded ‘Young Achiever Award 2016’ by Hon’ble Chief Minister of Punjab.2017: Recognised as 50 most Influential Rural Marketing Professionals of India by World Brand Congress Asia.History and milestones2000: Commencement of tractor production in Baddi, Himachal Pradesh with technical collaboration from Ursus, Poland.2001: Launched Indo farm’s first tractor model 2050 DI.2005: Launched 3-series tractor range 3065DI, 3050DI, 3040DI and 3035DI.2006: Began exporting engine parts to Ursus, Poland.2007: Commenced production of its own Foundry division.2008: Exported generator engines to UK company, Lister Pitter. Accredited with an ISO 9001:2008 certified Company.2009: Commencement of production of Indo Power Green Gensets.2010: Started Production of harvester combines and also launched 75HP and 90 HP tractors.2011: Initiated production of new generation crane model 16FN.2014: Launched Indo Power Pick and Carry cranes with the capacity of 18 tons and 23 tons.2015: Initiated production of 26 HP 4x4 orchard tractors.2017: Launched its own subsidiary, Barota Finance Limited NBFC, for providing hassle-free and quick finance to its esteemed customers.2019: Launched Indo power 30 FN crane.2020: Launch of Indo farm 20HP and 100HP tractor.2021: Launched 1026e tractor model for European market.2022: Launch of Indo 3055 DI HT and 3060.DI HT tractor.2023: Launch of Indo farm 3055 NV PLUS, 3065DI, 3075DI IN BS-IV and Indo Power pick and carry cranes of FN series (15, 18, 20, 23 and 30 tonne capacity in 2-wheel drive and 4-wheel drive variants) in BS-IV.
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