Indo Farm Equipment Ltd (NSE:INDOFARM)
₹ 154.62 -4.28 (-2.69%) Market Cap: 7.43 Bil Enterprise Value: 8.16 Bil PE Ratio: 30.09 PB Ratio: 1.33 GF Score: 37/100

Q3 2026 Indo Farm Equipment Ltd Earnings Call Transcript

Feb 12, 2026 / 10:30 AM GMT
Release Date Price: ₹145.56 (+0.21%)

Key Points

Positve
  • Indo Farm Equipment Ltd (NSE:INDOFARM) reported a year-on-year revenue growth of 10.81% for Q3 2026 and 20.43% for the nine months ended December 25, 2026.
  • The company has added 25 new dealers in the tractor division and 5 new dealers in the crane division, expanding its dealer network significantly.
  • Indo Farm Equipment Ltd (NSE:INDOFARM) has started export marketing activities and received trial orders from Germany and the UK, indicating potential for international market expansion.
  • The company expects to achieve an overall revenue growth of around 25% for the fiscal year 2025-26, with a projected EBITDA margin of 12.5% to 13%.
  • A new pick and carry crane project is underway, with commercial production expected to start in the first quarter of 2026-27, which could boost future revenues.
Negative
  • EBITDA margin showed a slight decline in Q3 2026 compared to the previous year, indicating potential cost pressures.
  • The crane segment experienced a marginal decline in sales volume due to changes in emission norms and increased prices.
  • Capacity constraints in the existing crane plant have limited production, necessitating the construction of a new facility.
  • The transition to new emission norms (BS5) has temporarily affected market acceptance and sales volumes in the crane segment.
  • The company has reduced its growth guidance for the crane segment from 20-25% to 10% due to market challenges and emission norm changes.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

INDQ.NS - Indo Farm Equipment Ltd
Q3 2026 Indo Farm Equipment Ltd Earnings Call
Feb 12, 2026 / 10:30AM GMT

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Presentation
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Unidentified_1 [1]
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Thank you to everyone and a very good evening.

I hereby welcome everyone to this earning conference call for discussing the results of the quarter and 9 months ended December 25. Along with me, we have our whole-time director, Mr. Anul Karwlia.

Mr. Suham Khawaa, Ex executive Vice President, Mr. Varun Sharma, CFO, and Mr. SM Singhla, finance head, and Ms. Napreet Kre, company secretary and compliance officer.

The company's financial results for the quarter, and 9 months ended in December 25th, has been circulated and uploaded on the stock exchange and the company website. I will summarize the key highlight of our financial performance in this quarter, and nine months ended December 25th on a
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