Outcome of the Board Meeting held today i.e. May21,2026.
INDOFARM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.1 pts less than its Construction Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Indo Farm Equipment Ltd has reported audited standalone financial results for FY2026 (year ended March 31, 2026). Total income grew to ₹42,471.61 lakhs, up from ₹36,966.90 lakhs in FY2025, representing approximately 14.4% revenue growth. However, profit after tax (PAT) on standalone basis declined slightly to ₹2,231.01 lakhs from ₹2,261.44 lakhs in the prior year. Basic EPS dropped to ₹4.55 per share from ₹5.48 in FY2025. The company operates in three segments: Cranes, Tractors, and NBFC (Barota Finance Ltd). The statutory auditors (Deepak Jindal & Co.) have issued an unmodified (clean) audit opinion on both standalone and consolidated results. The company completed an IPO in FY2024-25 and is deploying proceeds toward crane manufacturing expansion, debt repayment, and NBFC capital augmentation.
While revenue grew by ~14%, profitability declined slightly and EPS fell, which may concern investors expecting growth in bottom-line. However, the clean audit opinion removes audit-related risk. The stock could face pressure if PAT decline is viewed negatively, though the 14% revenue growth shows business momentum.