What we do Indef Manufacturing Ltd specializes in manufacturing hoists, cranes, and material handling equipment, offering ISO 9001:2015 certified, safety-focused lifting solutions primarily for Indian industries. |
Founded in 2,022 |
Market share Market leader in domestic hoisting solutions with strong brand presence across India. |
Problem solved Provides safe, reliable material handling equipment to improve industrial lifting operations and efficiency. |
Top clients or who we serve Serves industrial sectors across India; B2B focus primarily on manufacturing and construction companies. |
Key management Amit Bhalla (Managing Director), Shekhar Bajaj (Chairman) |
Our journey and innovations Established via demerger from Hercules Hoists Limited in 2024 to focus exclusively on manufacturing; invested in advanced manufacturing technologies. |
Where we operate India with focus on pan-India markets. |
Top products or what we offer Hoists, cranes, and other material handling equipment adhering to ISI and CE standards. |
Top brands Hercules Hoists (legacy brand transferred through demerger) |
Raw materials needed Steel, electrical components, mechanical parts for hoists and cranes. |
Raw materials supplier Various domestic suppliers from steel and engineering sectors. |
Recurring vs cyclical contribution Revenue primarily cyclical, linked to industrial sector demand cycles. |
Our industry position Leading manufacturer in Indian hoisting solutions with ISO certification and strong market presence. |
Financial highlights Revenue: Rs 178.6 crore; Net Profit: Rs 34.16 crore (FY2025); Profit after tax up 26.13%. |
Geographical revenue split Predominantly India-based revenue. |
Order book - |
Whats driving growth Industry demand, technology adoption, quality certifications, and strategic demerger focus. |
Our future plans Capex on advanced manufacturing equipment, market expansion, innovation in lifting technology. |
Our green promise - |
Our people and values Dedicated professional team fostering customer centricity and product excellence. |
Key challenges ahead Managing cyclical demand fluctuations and competition in industrial equipment sector. |
Interesting facts Demerger from Hercules Hoists in 2024 created focused manufacturing entity; listed on BSE and NSE in 2025. |
Risks and strategy Industry cyclicality mitigated by innovation and quality focus; robust compliance and risk management framework. |
