Indo Farm Equipment Q4 FY26 Results: Revenue ₹128.58 Cr, FY26 Turnover ₹419.54 Cr. Growth Outlook Positive.
Indo Farm Equipment reported Q4 FY26 revenue of ₹128.58 Cr (up 2.73% YoY) and FY26 turnover of ₹419.54 Cr (up 14.39% YoY). The company expects 20-25% revenue growth in FY27, with tractors growing 25-30% and cranes 15-20%. New pick-and-carry and tower crane production is slated for Q2 FY27.
The company is showing growth and expanding its product lines with new facilities, which is positive. However, the crane segment experienced a slight decline year-on-year, and the projected growth rates are moderate, suggesting a medium impact.
The company reported positive year-on-year growth in revenue and turnover for FY26, with a strong positive outlook for FY27 and the commencement of new production facilities.
Indo Farm Equipment Limited has announced its financial results for the quarter and year ended March 31, 2026. The company reported revenue from operations of ₹128.58 crore for Q4 FY26, a year-on-year growth of 2.73% and a quarter-on-quarter growth of 27.77%. EBITDA for the quarter stood at ₹17.47 crore, showing a marginal year-on-year growth of 0.57% and a significant quarter-on-quarter growth of 43.7%. The tractor segment revenue grew by 21.03% year-on-year to ₹61.2 crore, while the crane segment revenue saw a decline of 9.67% year-on-year to ₹67.38 crore, though it grew by 27.8% quarter-on-quarter.
For the full fiscal year 2026, the company's turnover was ₹419.54 crore, marking a year-on-year growth of 14.39%. EBITDA for FY26 was ₹53.50 crore, an increase of 6.98% compared to the previous year. The tractor segment showed robust growth of 42.85% to ₹201.45 crore, whereas the crane segment experienced a marginal year-on-year decline of around 3% to ₹218.09 crore.
Looking ahead, Indo Farm Equipment expects an overall revenue growth of 20-25% for FY27. The tractor revenue is projected to grow by 25-30%, and the existing plant's crane revenue is expected to grow by 15-20%. The company is expanding its dealer network, adding 23 new dealers in the Tractor Division during Q4 FY26, bringing the total to over 225 dealers. The crane segment has over 25 dealers.
A new pick-and-carry crane project at the Bhud site is expected to commence commercial production in the second quarter of FY27. The company has also completed trials for a tower crane and is geared for commercial production, also expected to commence in Q2 FY27. Management anticipates that by FY28-29, the company will achieve full capacity utilization for its new pick-and-carry and tower crane facilities. The company also aims to bring working capital days down to industry par by FY28-29.
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Indo Farm Equipment Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Indo Farm Equipment Limited. Read the original for the full detail.