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The Captial Market (CapitalMarket.com) rating for Indo Farm Equipment IPO is 39. Their analysis recommends Do Not Subscribe for the IPO.
| Reviewer | Rating Score | Rating |
|---|---|---|
| Capital Market | 39 | Do Not Subscribe |
[Dilip Davda] The company is fully integrated tractor and pick and carry cranes and, farm equipment manufacturer. The company marked almost static top and bottom lines for FY23 and FY24. It is in the expansion mode for its pick and carry cranes capacities to meet rising demands. Its Net Debt/EBITDA Ratio of 18.82 as of June 2024 raises concern. Based on recent financial numbers, the issue appears aggressively priced. Considering bright prospects for agriculture segment, well-informed investors may park moderate funds for long term. Read detail review...
Indo Farm Equipment Limited peer comparison with similar listed entities. (As on March 28, 2024)
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Indo Farm Equipment Limited | 4.15 | 4.15 | 84.43 | 4.92 | |||
| Escorts Kubota Limited | 96.24 | 96.24 | 830.43 | 36.79 | 11.44 | 2.28 | Consolidated |
| Action Construction Equipment Ltd. | 27.56 | 27.56 | 103.28 | 47.42 | 30.78 | 10.23 | Consolidated |
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Indo Farm Equipment IPO Reviews, analysis and views by popular members. Read Indo Farm Equipment Ltd. IPO reviews by retail investors to find recommended ipo to buy.
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| No recommendation found. Be the first to post the recommendation. | |
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