Why is Indef Manufacturing Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate -10.29% of over the last 5 years
2
Flat results in Mar 26
- PAT(9M) At Rs 18.49 cr has Grown at -34.97%
3
With ROE of 9.8, it has a Expensive valuation with a 2.7 Price to Book Value
- Over the past year, while the stock has generated a return of -44.23%, its profits have fallen by -22%
4
Falling Participation by Institutional Investors
- Institutional investors have decreased their stake by -0.59% over the previous quarter and collectively hold 1.11% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
5
Below par performance in long term as well as near term
- Along with generating -44.23% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Indef Manufactur for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Indef Manufactur
-44.23%
-0.94
47.11%
Sensex
-3.2%
-0.24
13.59%
Quality key factors
Factor
Value
Sales Growth (5y)
4.40%
EBIT Growth (5y)
-10.29%
EBIT to Interest (avg)
22.72
Debt to EBITDA (avg)
0.16
Net Debt to Equity (avg)
-0.02
Sales to Capital Employed (avg)
0.76
Tax Ratio
6.43%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
1.11%
ROCE (avg)
12.14%
ROE (avg)
11.65%
Valuation Key Factors 
Factor
Value
P/E Ratio
31
Industry P/E
40
Price to Book Value
2.73
EV to EBIT
37.04
EV to EBITDA
28.73
EV to Capital Employed
2.76
EV to Sales
3.77
PEG Ratio
NA
Dividend Yield
0.86%
ROCE (Latest)
7.44%
ROE (Latest)
9.76%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
7What is working for the Company
NET SALES(Latest six months)
At Rs 118.68 cr has Grown at 21.45%
PBT LESS OI(Q)
At Rs 6.82 cr has Grown at 44.4% (vs previous 4Q average
-4What is not working for the Company
PAT(9M)
At Rs 18.49 cr has Grown at -34.97%
Loading Valuation Snapshot...
Here's what is working for Indef Manufactur
Net Sales - Quarterly
At Rs 68.04 cr has Grown at 41.3% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 48.16 CrMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 6.82 cr has Grown at 44.4% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 4.72 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Net Sales - Quarterly
Highest at Rs 68.04 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for Indef Manufactur
Profit After Tax (PAT) - Latest six months
At Rs 12.23 cr has Grown at -28.71%
Year on Year (YoY)MOJO Watch
Near term PAT trend is negative
PAT (Rs Cr)






