Indo Farm Equipment Stock Price Analysis and Quick Research Report. Is Indo Farm Equipment an attractive stock to invest in?

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?

We can look into more details and dig a little deeper into the analysis of the stock of this sector. Indo Farm Equipment stock price today is Rs 162.31. Let’s look at how Indo Farm Equipment is performing and if it is the right time to buy the stock of Indo Farm Equipment with detailed analysis.

• The mainstream of revenue for Auto Sector is their sales, Indo Farm Equipment has reported poor sales growth of 1.6863 % and in the latest quarter sales was Rs 90.823 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 2.1509 times for Indo Farm Equipment . It is managing its inventory poorly
   
• Indo Farm Equipment reported Profit growth of 11.3279 % over the year, where the latest year profit is Rs 13.5446 Cr compared to the previous year of Rs 12.1664 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
   
• The operating profit of Indo Farm Equipment in the latest quarter is Rs 7.90000000000001 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
   
• Indo Farm Equipment has a poor ROE of 4.7656 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Indo Farm Equipment has a low Debt to Equity ratio of 0.5749.
   
• Indo Farm Equipment pays a dividend of 0 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0 %.
   
• The share of promoter in Indo Farm Equipment is high at 69.44 %, where the pledging is 0 %.
   
• What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Indo Farm Equipment is 57.5812402440755 compared to the 5 year average PE of 0 .
   
• Share Price: - The current share price of Indo Farm Equipment is Rs 162.31. One can use valuation calculators of ticker to know if Indo Farm Equipment share price is undervalued or overvalued.