Indo Farm Equipment reported a 13.64% increase in consolidated revenue to ₹4,400.21 crore for the fiscal year ended March 31, 2026, compared to ₹3,871.89 crore in the previous year. Profit after tax (PAT) for the year rose 4.87% to ₹246.94 crore. The company’s EBITDA stood at ₹646.18 crore, reflecting a 6.12% year-on-year growth. These results were detailed in an investor presentation submitted to the exchanges on May 23, 2026. Additionally, the company announced that the audio recording of the earnings call conducted on May 27, 2026, is available on its website.

Operational Performance

The company operates through Cranes, Tractors, and Others segments, with a manufacturing facility in Baddi, Himachal Pradesh. For FY26, the Tractor segment generated revenue of ₹2,014.47 crore, while the Cranes segment contributed ₹2,180.92 crore. Indo Farm exports its products to over 30 countries and is supported by a network of 225+ tractor dealers and 25+ crane dealers.

Consolidated Financial Results FY26

Quarterly Performance Q4 FY26

In the quarter ended March 31, 2026, consolidated revenue from operations was ₹1,339.93 crore, up 3.10% from ₹1,299.67 crore in Q4 FY25. PAT for the quarter stood at ₹87.18 crore, a decrease of 35.47% compared to the corresponding period of the previous year. EBITDA for the quarter was ₹197.94 crore.

Expansion and Future Outlook

Indo Farm is expanding its manufacturing capabilities with a new Pick & Carry Crane project at the Bhud Site in Baddi. Civil construction work is in full swing, with the main shed expected to be completed by July 2026. Commercial production is anticipated to start in Q2 FY27. Additionally, the company has developed a tower crane prototype and is preparing for commercial production, targeting the affordable housing sector in Metro and Tier II cities.

Management Guidance

During the earnings call, management stated that the company expects to achieve overall revenue growth of around 20–25% for financial year 2026–27. Tractor revenue is expected to grow around 25–30%, while crane revenue from the existing plant is expected to grow around 15–20%. The company anticipates operating EBITDA margins to be around 12.5% for FY27. The total capex for the new crane and tower crane projects is estimated at ₹70-plus crore, with ₹25 crore already incurred.

Indo farm equipment Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI Depositories & Participants Regulations for the quarter ended March 31, 2026. The submission was made on April 08, 2026, by Company Secretary & Compliance Officer Navpreet Kaur.

Regulatory Compliance Certificate

The company submitted a certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories & Participants) Regulations 2018. This certificate was originally issued by MAS Services Limited, the company's Registrar & Share Transfer Agent, on April 02, 2026.

Dematerialization Process Compliance

The certificate confirms that all securities received from Depository Participants for dematerialization during the reporting period were processed in accordance with regulatory timelines. MAS Services Limited confirmed that all securities were accepted or rejected within the mandatory 15-day period from receipt.

The compliance certificate also verified that:

• Security certificates received for dematerialization were properly mutilated and cancelled after verification
• Depositories' names were substituted in the register of members as registered owners within 15 days
• Updates were communicated to depositories and stock exchanges within the prescribed timeline
• Register of Members was updated accordingly

Corporate Filing Details

The submission was made simultaneously to both major Indian stock exchanges where Indo Farm Equipment Limited is listed. The company secretary digitally signed the communication, ensuring proper authentication of the regulatory filing.

This quarterly compliance certificate represents part of the company's ongoing regulatory obligations as a publicly listed entity, demonstrating adherence to SEBI's depositories and participants regulations for the Q4FY26 period.