Indo Farm Equipment (NSE:INDOFARM) EPS without NRI: ₹5.14 (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:INDOFARM Indo Farm Equipment Ltd NSE:INDOFARM
37 GF Score
Price ₹153.19
! 4 Warning Signs
View Full Analysis

What is Indo Farm Equipment EPS without NRI?

Indo Farm Equipment NSE:INDOFARM -1.90% 37 EPS without NRI is ₹5.14 as of Mar. 2026. GuruFocus rates NSE:INDOFARM with a GF Score™ of 37/100. The stock has 4 warning signs investors should review. Among 173 Farm & Heavy Construction Machinery companies, Indo Farm Equipment ranks better than 64.74% on this metric.

Indo Farm Equipment's earnings per share without non-recurring items for the three months ended in Mar. 2026 was ₹1.81. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5.14.

During the past 12 months, Indo Farm Equipment's average earnings per share (NRI) Growth Rate was -9.80% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 15.10% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 22.50% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Indo Farm Equipment's EPS without NRI or its related term are showing as below:

NSE:INDOFARM' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: 15.1   Med: 21.8   Max: 23.7
Current: 15.1

During the past 6 years, Indo Farm Equipment's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 23.70% per year. The lowest was 15.10% per year. And the median was 21.80% per year.

NSE:INDOFARM's 3-Year EPS without NRI Growth Rate is ranked better than
64.74% of 173 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 4.9 vs NSE:INDOFARM: 15.10

Indo Farm Equipment's EPS (Diluted) for the three months ended in Mar. 2026 was ₹1.81. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5.14.

Indo Farm Equipment's EPS (Basic) for the three months ended in Mar. 2026 was ₹1.81. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5.14.


Indo Farm Equipment  (NSE:INDOFARM) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Indo Farm Equipment EPS without NRI Related Terms


Indo Farm Equipment EPS without NRI Historical Data

* Premium members only.

The historical data trend for Indo Farm Equipment's EPS without NRI can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Indo Farm Equipment EPS without NRI Chart

Indo Farm Equipment Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EPS without NRI
Get a 7-Day Free Trial 3.15 3.37 3.36 5.70 5.14

Indo Farm Equipment Quarterly Data
Mar21 Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EPS without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.27 1.13 1.04 1.16 1.81

NSE:INDOFARM vs CAT, DE, PCAR: EPS without NRI Comparison

For the Farm & Heavy Construction Machinery subindustry, Indo Farm Equipment's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indo Farm Equipment PE Ratio without NRI vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Indo Farm Equipment's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Indo Farm Equipment's PE Ratio without NRI falls into.


NSE:INDOFARM
37GF Score
Indo Farm Equipment Ltd NSE:INDOFARM
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo Farm Equipment EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of ₹5.14 mean?
Indo Farm Equipment (NSE:INDOFARM) has a EPS without NRI of ₹5.14 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Indo Farm Equipment and its competitors. According to the industry distribution chart, Indo Farm Equipment ranks #61 out of 173 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 35.3%.
Is Indo Farm Equipment's EPS without NRI too high?
Indo Farm Equipment's current EPS without NRI is ₹5.14. Based on the distribution chart, Indo Farm Equipment ranks #61 out of 173 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Indo Farm Equipment has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Indo Farm Equipment's EPS without NRI compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Indo Farm Equipment ranks #61 out of 173 companies for EPS without NRI. This puts Indo Farm Equipment in the upper half of its industry. The industry median EPS without NRI is 4.90. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Farm & Heavy Construction Machinery company?
The median EPS without NRI among Farm & Heavy Construction Machinery companies is 4.90, based on 173 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Indo Farm Equipment and its competitors. For the Farm & Heavy Construction Machinery industry, the median EPS without NRI is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Farm Equipment's current EPS without NRI is ₹5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Farm Equipment stock overvalued right now?
Indo Farm Equipment (NSE:INDOFARM) has a current EPS without NRI of ₹5.14. The current EPS without NRI is ₹5.14. Indo Farm Equipment's overall GF Score™ is 37/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Indo Farm Equipment (NSE:INDOFARM), the current EPS without NRI is ₹5.14 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Indo Farm Equipment Business Description

Other Exchanges 544328:India
Address Export Promotion Industrial Park, Phase-II, District Solan, Baddi, HP, IND, 173 205
Indo Farm Equipment Ltd 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. Its facilities are equipped with induction furnaces, pneumatic molding machines, automatic molding line, a sand plant, a fully equipped Metallurgy and Sand Testing Laboratory, a Machining Center, a Gear Shop, a Press Shop, Fabrication Shop, Paint Shop, Assembly unit, Quality Room & Utility room.
37GF Score

Get the complete analysis for NSE:INDOFARM

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹153.19
Price