What we do Indo Farm Equipment Ltd is a leading integrated manufacturer of tractors, pick & carry cranes, and agricultural machinery, serving India and over 30 export markets with advanced facilities. |
Founded in 1,994 |
Market share Strong presence in Indian tractor and crane markets; leading exporter to 30+ countries; large dealer network across India. |
Problem solved Provides cost-effective, quality farm and construction equipment to increase agricultural productivity and support infrastructure growth. |
Top clients or who we serve Farmers, construction, rural and infrastructure sectors; B2B and B2C with 200+ tractor dealers and 25+ crane dealers. |
Key management Ranbir Singh Khadwalia (Chairman and Managing Director), Anshul Khadwalia (Whole Time Director), Charan Singh Saini (Whole Time Director). |
Our journey and innovations Since 1994, the company transitioned from tool making to integrated tractor and crane manufacturing, expanding product range and launching new models continuously. |
Where we operate Primarily India with over 30 export countries across Asia, Africa, Europe, and South America. |
Top products or what we offer Tractors (16–110 HP), pick & carry cranes (9–30 tons), harvester combines, powered generators, and NBFC financial services. |
Top brands Indo Farm (tractors and farm equipment), Indo Power (pick & carry cranes and gensets). |
Raw materials needed Steel, castings, gears, hydraulic components, engine parts sourced mainly via domestic suppliers. |
Raw materials supplier Suppliers include Sumitomo Indo FIP, Vikram Hansar, and other reputed Indian foundries and part manufacturers. |
Recurring vs cyclical contribution Tractor and crane sales are cyclical; NBFC financing adds recurring revenue streams. |
Our industry position Key player in mid-range tractors and pick & carry cranes with growing export footprint and proprietary manufacturing. |
Financial highlights FY25 consolidated revenue of ₹387.19 crore; net profit ₹23.55 crore; 4-6% PAT margin; steady 10-19% revenue growth year-on-year. |
Geographical revenue split India contributes ~93.4% of revenue; international markets about 6.6%. |
Order book Expanding with new crane facility ramp-up; strong Q3 and 9MFY26 order growth reported. |
Whats driving growth Rural mechanization, infrastructure push, product innovation, expanded dealer network, and captive NBFC financing. |
Our future plans Commission new crane manufacturing plant in Solan (FY27); expand product range and geographical reach. |
Our green promise Committed to energy conservation and sustainability initiatives aligning with regulatory guidelines. |
Our people and values Employs 951 employees with emphasis on gender diversity and employee wellbeing. |
Key challenges ahead Competitive pressures, raw material supply risks, regulatory compliances, and market cyclicality. |
Interesting facts In-house manufacturing covers 65% crane and 40% tractor components, showcasing strong backward integration. |
Risks and strategy Risk management policies address supplier dependence, compliance, operational quality, with continuous monitoring and mitigation. |
