Indo Farm Equipment Limited — Q1FY27 earnings call summary

Filed 17 August 2026 · Official transcript

Q1 FY27 standalone revenue ₹104.93 Cr +15% y-y; EBITDA ₹13.09 Cr +11% y-y
EBITDA margin expected 12.5-13% standalone; consolidated margin ~14-15%
FY27 revenue growth guidance: 20-25% overall; tractor revenue 25-30%; crane revenue 15-20%
New Bhud plant commercial production expected by Nov 2026; tower crane prototype tested, production to start this FY
Tractor capacity utilization ~35-40%; crane capacity to ramp gradually to 70-80% over 3 years
Multiple analyst queries on dealer expansion and capacity utilization; management expects steady growth and dealer additions
Tractor dealer network ~225; crane dealers ~25, targeting 60+ dealers in 1-1.5 years
Price hikes taken in cranes; tractor price hikes aligned with industry