Aryaman Financial Services Limited
Indo Farm Equipment Limited is engaging in manufacturing Tractors, Pick & Carry Cranes, and other harvesting equipment. The Company operates two brands: Indo Farm and Indo Power, They export their products to countries like Nepal, Syria, Sudan, Bangladesh, Myanmar, etc.
The Company manufactures tractors range 16 HP to 110 HP and pick & carry cranes range 9 to 30 tons. The facility in Baddi, Himachal Pradesh, spans 127,840 sq. meters and includes a foundry, machine shop, and assembly units. The Company has 12000 tractors and 1,280 Pick & Carry Cranes production capacity annually. The Company spans 127,840 sq. meters of industrial land in Baddi, Himachal Pradesh, housing a captive foundry, machine shop, and fabrication and assembly units for tractors, pick & carry cranes, and other equipment.
For the year/period ended (Rs. in Cr.)
FY24 | FY23 | FY22 | |
---|---|---|---|
Total Revenue | 375.95 | 371.82 | 352.52 |
Profit After Tax | 15.60 | 15.37 | 13.72 |
EPS | 4.15 | 4.09 | 3.65 |
OPM (%) | 16.66% | 15.84% | 14.79% |
PATM (%) | 4.16% | 4.15% | 3.90% |
For year/ period ended ( in Cr.)
Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY23 |
Net Profits(Cr.) FY23 |
---|---|---|---|---|---|---|
Indo Farm Equipment Limited | 1033.11 | 215 | 2.55 | 51.80 | 375.95 | 15.60 |
Action Construction Equipment Ltd. | 17,256.94 | 1,449.15 | 12.47 | 47.19 | 756.69 | 94.82 |
Escorts Kubota Ltd. | 36,475.50 | 3,260.30 | 3.71 | 31.63 | 2,488.49 | 324.33 |
The company is fully integrated tractor and pick and carry cranes and, farm equipment manufacturer. It is in the expansion mode for its pick and carry cranes capacities to meet rising demands. Considering the future growth prospects, well-informed investors may subscribe this IPO for medium to long term.
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