Indo Farm Equipment Limited Promoter Group Increases Shareholding to 70.35%

1 min read     Updated on 27 Feb 2026, 04:40 PM
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Overview

Indo Farm Equipment Limited's promoter group has increased its shareholding from 70.14% to 70.35% following Mr. Shubham Khadwalia's acquisition of 1,00,000 equity shares through open market purchases on February 25 and 27, 2026. The company has duly informed BSE and NSE about this development in compliance with SEBI regulations, with the disclosure signed by Company Secretary Navpreet Kaur on February 27, 2026.

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Indo Farm Equipment Limited has reported an increase in its promoter group shareholding following recent equity share acquisitions. The company filed regulatory disclosures with both BSE and NSE on February 27, 2026, informing the exchanges about the shareholding changes in compliance with SEBI regulations.

Share Acquisition Details

Mr. Shubham Khadwalia, who is part of the promoter group of Indo Farm Equipment Limited, acquired equity shares through open market purchases on the stock exchanges. The acquisition was completed over two trading sessions in February 2026.

Parameter: Details
Acquirer: Mr. Shubham Khadwalia
Shares Acquired: 1,00,000 equity shares
Acquisition Method: Open market purchase
Purchase Dates: February 25, 2026 and February 27, 2026
Acquirer Status: Promoter Group member

Shareholding Changes

The recent acquisition has resulted in a marginal increase in the overall promoter and promoter group shareholding in Indo Farm Equipment Limited. The shareholding pattern reflects the promoter group's continued confidence in the company.

Shareholding Metric: Previous Current Change
Promoter/Promoter Group: 70.14% 70.35% +0.21%
Basis: Current issued capital Fully diluted -

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Navpreet Kaur, Company Secretary & Compliance Officer, and submitted to both stock exchanges on February 27, 2026. This regulatory filing ensures transparency regarding changes in promoter shareholding patterns for investor awareness.

Historical Stock Returns for Indo Farm Equipment

1 Day5 Days1 Month6 Months1 Year5 Years
-3.72%-7.39%-15.22%-42.59%-30.56%-51.40%

Indo Farm Equipment Limited Q3FY26 Earnings Call Transcript Released with Growth Plans

3 min read     Updated on 12 Feb 2026, 07:30 PM
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Radhika SScanX News Team
Overview

Indo Farm Equipment Limited has released the complete transcript of its Q3FY26 earnings call, revealing strong tractor segment performance with 88% quarterly growth and comprehensive expansion plans. The company reported overall revenue growth of 10.81% to ₹100.64 crore and outlined strategic initiatives including a new crane manufacturing facility and entry into tower crane production, targeting significant capacity expansion and market penetration.

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Indo farm equipment Limited has released the complete transcript of its quarterly earnings call held on February 12, 2026, providing comprehensive insights into the company's Q3FY26 performance and strategic roadmap. The transcript, made available on February 17, 2026, covers detailed discussions on financial results for the quarter and nine months ended December 31, 2025.

Financial Performance Highlights

The company demonstrated solid growth momentum across key metrics during the quarter. Chairman and Managing Director Mr. Ranbir Singh Khadwalia presented the financial highlights during the earnings call.

Metric: Q3FY26 Q3FY25 Growth (%)
Revenue from Operations: ₹100.64 crore ₹90.82 crore +10.81%
EBITDA (incl. other income): ₹12.16 crore ₹12.29 crore -1.06%
Nine-month Revenue: ₹290.96 crore ₹241.61 crore +20.43%
Nine-month EBITDA: ₹36.02 crore ₹32.63 crore +10.39%

Segment-wise Performance Analysis

The tractor segment emerged as the standout performer, while the crane segment faced temporary challenges due to emission norm transitions.

Tractor Division Performance

Parameter: Q3FY26 Q3FY25 Growth (%)
Quarter Revenue: ₹47.91 crore ₹25.40 crore +88.66%
Nine-month Revenue: ₹140.25 crore ₹90.46 crore +55.05%
Volume (9 months): 2,000 units 1,200 units +66.67%

Crane Division Performance

Parameter: Q3FY26 Q3FY25 Change (%)
Quarter Revenue: ₹52.73 crore ₹65.43 crore -19.41%
Nine-month Revenue: ₹150.71 crore ₹150.45 crore +0.17%
Volume (9 months): 705 units 735 units -4.08%
Q3 Volume: 230 units - -

Strategic Expansion and Growth Outlook

The management outlined ambitious expansion plans during the earnings call, focusing on capacity enhancement and market penetration.

New Crane Facility Development

Project Details: Specifications
Total Investment: ₹70-75 crore
Capacity Addition: 3,600 pick & carry cranes
Commercial Production: Q1 FY27
Expected Revenue (FY27): 1,000+ additional units
Funding Source: IPO proceeds

Tower Crane Initiative

Tower Crane Project: Details
Production Capacity: 240 units annually
Commercial Sales Start: Q2 FY27
Expected Revenue (FY27): ₹60-70 crore
Average Selling Price: ₹60-65 lakh per unit

Dealer Network Expansion

The company significantly strengthened its distribution network across both divisions during the quarter.

Division: Current Dealers Additions (Q3) Target
Tractor: 200+ 25 500 (3 years)
Crane: 25-26 5 50+
Applications Received: 175+ - -
Qualified Dealers: 60 - -

Export Market Development

The company has initiated export activities with encouraging initial results. Following participation in agricultural exhibitions in Germany, Indo Farm received a trial order for 48 tractors from Germany, marking the beginning of European market penetration. Additional small trial orders have been secured from the UK market.

Financial Guidance and Projections

Management provided comprehensive guidance for the current and upcoming financial years during the earnings call.

FY26 Guidance

Metric: Projection
Overall Revenue Growth: ~25%
Tractor Revenue Growth: 50%+
Crane Revenue Growth: ~10%
EBITDA Margin: 12.5%-13%

FY27 Outlook

Segment: Expected Growth
Tractor Growth: 30%+
Additional Crane Units: 1,000+ from new facility
EBITDA Margin Improvement: 150-200 basis points
PAT Margin Target: 6.5%-7%

Market Dynamics and Challenges

The crane segment experienced temporary headwinds due to the transition from BS3 to BS5 emission norms, which affected industry-wide acceptance and pricing. However, management indicated that market conditions have normalized from January 2026 onwards, with improved booking trends observed.

The average selling price for cranes increased by approximately 10% due to the new emission norms, rising from ₹19.5 lakh to ₹21.5-21.9 lakh per unit.

Regulatory Compliance

The transcript release was made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, demonstrating the company's commitment to transparency and regulatory compliance. The document was signed by Ms. Navpreet Kaur, Company Secretary & Compliance Officer.

Source: Indo Farm Equipment Limited Earnings Call Transcript

Historical Stock Returns for Indo Farm Equipment

1 Day5 Days1 Month6 Months1 Year5 Years
-3.72%-7.39%-15.22%-42.59%-30.56%-51.40%

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1 Year Returns:-30.56%