IndifraShare price, financial results, shareholding and management
- Market cap
- ₹8 cr
- Stock P/E
- 750.9
- Book value
- ₹24.9
- Price to book
- 0.41
- EV / operating profit
- -
- Market cap to sales
- 0.43
- ROCE · FY26
- 0.2%
- ROE · FY26
- 0.1%
- ROE, 3-year average
- -3.9%
- Operating margin · FY26
- -1.8%peers 15.0%
- Sales growth, 3 years
- 20.3%
- Profit growth, 3 years
- -78.5%
- Debt to equity
- 0.00peers 0.48
- Borrowings
- ₹0 cr
- Interest cover
- No interest
- Cash from business / op. profit
- 2967%
- Debtor days
- 114
- Pledged
- 0.00%
- Promoter holding
- 67.56%
- Change in promoter holding
- 0.00 pts
- Shareholders
- 622
- 52-week high / low
- ₹17 / ₹10
- Dividend yield
- 0.00%
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
newboard is reading this company's filings. Its plain description, key points, management and study will appear here soon; the figures below are worked out from what it has filed.
Indifra share price chart
Close on 4 Nov 2026 · -4.63% on the day · Vol 8,000
Daily prices to 4 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 4 Nov 2026
- 1 month
- -11.6%
- 3 months
- -9.6%
- 6 months
- -20.8%
- 1 year
- -34.8%
- Traded a day, 20 days
- ₹0.00 cr
- Taken for delivery
- 94%
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | +49% | +0% |
| 3 years, a year | +20% | -79% |
| Latest half, H2 FY26 | +582% | - |
Indifra revenue and profit growth
Half-yearly results · Profit and lossSales have grown fast. Last year profit grew more slowly than sales, so the profit kept from each rupee of sales slipped.
SME companies report every six months. In the latest half, sales were higher than in the same half a year before.
Indifra half-yearly results
SME companies report every six months · ₹ crore
| H2FY23 | H1FY24 | H2FY24 | H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|---|---|---|
| Sales | 4.04 | 0.45 | 9.41 | 9.55 | 2.17 | 2.60 | 14.81 |
| Expenses | 3.68 | 1.65 | 9.58 | 9.45 | 2.65 | 2.88 | 14.84 |
| Operating profit | 0.36 | -1.20 | -0.17 | 0.10 | -0.47 | -0.27 | -0.03 |
| OPM | 8.9% | -266.7% | -1.8% | 1.1% | -21.7% | -10.5% | -0.2% |
| Interest | 0.12 | 0.01 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0 | 0 | 0.01 | 0.02 | 0.03 | 0.04 |
| Profit before tax | 0.23 | -1.18 | 0 | 0.27 | -0.26 | -0.13 | 0.17 |
| Net profit | -0.12 | -1.18 | -0.01 | 0.27 | -0.26 | -0.13 | 0.15 |
Indifra profit and loss
Full years to March, FY19 to FY26 · ₹ crore, consolidated where reported
| FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 1.66 | 2.25 | 3.02 | 10.91 | 10.01 | 9.86 | 11.72 | 17.41 |
| Expenses | 1.61 | 2.16 | 2.88 | 10.32 | 8.54 | 11.22 | 12.10 | 17.72 |
| Operating profit | 0.05 | 0.09 | 0.14 | 0.59 | 1.47 | -1.36 | -0.37 | -0.30 |
| OPM | 3.0% | 4.0% | 4.6% | 5.4% | 14.7% | -13.8% | -3.2% | -1.8% |
| Other income | 0.01 | 0.03 | 0.05 | 0.01 | 0.01 | 0.19 | 0.41 | 0.41 |
| Interest | 0 | 0 | 0.04 | 0.06 | 0.12 | 0.01 | 0 | 0 |
| Depreciation | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0 | 0.03 | 0.06 |
| Profit before tax | 0.05 | 0.10 | 0.14 | 0.53 | 1.35 | -1.18 | 0.01 | 0.04 |
| Tax rate | 20.0% | 30.0% | 28.6% | 24.5% | 25.9% | 0.0% | -25.4% | 61.4% |
| Net profit | 0.03 | 0.08 | 0.11 | 0.40 | 1 | -1.19 | 0.01 | 0.01 |
| EPS ₹ | 30 | 80 | 110 | 400 | 1,000 | -1.63 | 0.01 | 0.02 |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
A tax rate above 60% or below zero (FY25, FY26) comes from tax charged on a small or negative profit, as reported.
Earnings per share before FY25 is on the share count of that time, before later bonus or share issues, so it does not compare with the years after.
Indifra profitability
Margins and returns on capitalLast year the company kept about as much from each rupee of sales as the year before. Its costs were more than its sales. It earns a low return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 3.0% | 4.0% | 4.6% | 5.4% | 14.7% | -13.8% | -3.2% | -1.8% |
| Tax rate | 20.0% | 30.0% | 28.6% | 24.5% | 25.9% | 0.0% | -25.4% | 61.4% |
| ROCE | · | 60.6% | 37.5% | 59.6% | 89.1% | -11.6% | 0.1% | 0.2% |
| ROE | · | 48.5% | 43.1% | 78.4% | 83.0% | -12.0% | 0.1% | 0.1% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Indifra debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown. It has almost no borrowings. Last year the business used more cash than it brought in. Customers take about as long to pay as they did in FY24.
Bars below the line are cash going out.
Indifra balance sheet
At each 31 March · ₹ crore
| FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 7.29 | 7.29 | 7.29 |
| Reserves | 0.12 | 0.19 | 0.30 | 0.70 | 1.69 | 10.87 | 10.87 | 10.89 |
| Net worth | 0.13 | 0.20 | 0.31 | 0.71 | 1.70 | 18.16 | 18.16 | 18.18 |
| Borrowings | 0 | 0 | 0.45 | 0.51 | 0.38 | 0 | 0 | 0 |
| Other liabilities | 0.96 | 1.50 | 1.54 | 2.98 | 1.05 | 0.29 | 0.38 | 2.89 |
| Total liabilities | 1.09 | 1.70 | 2.30 | 4.20 | 3.13 | 18.45 | 18.54 | 21.07 |
| Fixed assets | 0.05 | 0.04 | 0.03 | 0.03 | 0.02 | 0.03 | 0.17 | 0.17 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 9.29 | 10.75 | 2.19 |
| Other assets | 1.04 | 1.66 | 2.27 | 4.17 | 3.11 | 9.13 | 7.62 | 18.71 |
| Receivables | · | · | · | · | · | · | 3.49 | 5.46 |
| Inventory | · | · | · | · | · | · | 1.39 | 4.41 |
| Cash | · | · | · | · | · | · | 0.13 | 0.09 |
| Trade payables | · | · | · | · | · | · | 0.32 | 2.46 |
Indifra cash flow
₹ crore
| FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | · | · | -0.69 | 0.72 | -1.88 | -6.36 | 0.89 | -8.90 |
| Cash from investing | · | · | -0.01 | 0 | 0 | -9.25 | -1.08 | 8.86 |
| Cash from financing | · | · | 0.41 | 0 | -0.24 | 17.25 | 0 | 0 |
| Net cash flow | · | · | -0.29 | 0.72 | -2.12 | 1.64 | -0.19 | -0.04 |
| Capital spending | · | · | · | · | · | · | 0.17 | 8.89 |
Working capital
Days
| FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Debtor days | 101 | 128 | 160 | 87 | 113 | 141 | 109 | 114 |
| Inventory days | 191 | 159 | 105 | 19 | 25 | 24 | 46 | 103 |
| Days payable | 289 | 576 | 136 | 76 | 29 | 8 | 11 | 57 |
| Cash conversion cycle | 3 | -288 | 128 | 30 | 109 | 156 | 144 | 160 |
| Working capital days | -7 | -45 | 12 | -7 | 106 | 307 | 219 | 327 |
Indifra peers and competitors
Listed SME companies in the same industryBy sales, Indifra is number 2 of the 2 listed SME companies in gas.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| Axiom Gas Engineering | - | - | 101 | 9 | 15.0% | 0.48 |
| Indifra | 8 | 750.9 | 17.4 | 0 | -1.8% | 0.00 |
| Median of the 1 others | - | - | 101 | 9 | 15.0% | 0.48 |
Indifra shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company. Big foreign and Indian funds own very little. The number of shareholders has come down.
Indifra shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| Dec 23 | Mar 24 | Sep 24 | Mar 25 | Sep 25 | Mar 26 | |
|---|---|---|---|---|---|---|
| Promoters | 67.56% | 67.56% | 67.56% | 67.56% | 67.56% | 67.56% |
| Foreign investors (FIIs) | - | 0.00% | 0.00% | 0.00% | - | 0.00% |
| Indian institutions (DIIs) | - | 0.00% | 0.00% | 0.00% | - | 0.00% |
| HNIs (over ₹2 lakh each) | 0.00% | 1.67% | 3.68% | 4.77% | 5.68% | 5.90% |
| Small holders (up to ₹2 lakh) | 29.30% | 27.09% | 26.19% | 24.02% | 22.76% | 22.54% |
| Companies and others | 3.14% | 3.68% | 2.57% | 3.65% | 4.00% | 4.00% |
| Number of shareholders | 1,001 | 782 | 704 | 656 | 641 | 622 |
The named holders are at 31 March 2026, beside 30 Sept 2025, each under the group the pattern files them in.
Indifra latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹14.8 cr (+582%), net profit ₹0.2 cr (-) on H2 FY25.
- Shareholding, 31 March 2026: promoters unchanged at 67.56%.
Indifra announcements
18 on record, latest first; each opens the filing on the exchange
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Certificate under SEBI (Depositories and Participants) Regulations, 2018PDF ↗
- Resignation of Director/KMP/SMPResignation of Director/KMP/SMPPDF ↗
- ResignationOf Mrs Poonam Sandeepkumar Agrawal as Non- Executive Director of the company w.e.f. October 01, 2026PDF ↗
- Change in Managementchange in ManagementPDF ↗
- Shareholders meetingSrutinizers report of Annual General Meeting held on September 26, 2026. Further, the company has informed the Exchange regarding voting resultsPDF ↗
- Trading WindowClosure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015PDF ↗
- Shareholders meetingProceedings of Annual General Meeting held on September 26, 2026PDF ↗
- Updatesletter Sent to membersPDF ↗
- Copy of Newspaper PublicationCopy of Newspaper PublicationPDF ↗
- Shareholders meetingNotice of Annual General Meeting to be held on September 26, 2026PDF ↗
- Outcome of Board MeetingHeld on August 31, 2026PDF ↗
- Structural Digital DatabaseStructuralDigitalDatabaseforthequarterended30062026PDF ↗
Indifra annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
Indifra share split, bonus and dividends
From the corporate actions the company announces on the exchange
No share split, bonus issue or dividend is on record since listing.
Checks we ran on Indifra's data · 10
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- iThe shares traded on only 87 days in the past year, so the price, its range and the returns here rest on few trades.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (72,90,000 shares).
- ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
- ✓Promoter pledge figures are within possible limits in every shareholding pattern shown.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓The two half-years of FY26 add up to the full-year sales.
- !Earnings per share changes basis between FY23 (₹1,000.00) and FY25 (₹0.01) because the share count behind it changes; EPS is shown as reported, and growth is worked out on profit.
- ✓Revenue and profit are reported for every year shown, FY19 to FY26.
- iPrices run to the close on 8 Oct 2026, from the exchange's daily figures.
Questions people ask about Indifra
What does Indifra do?
Indifra is an SME company listed on NSE Emerge, in gas.
What is the share price of Indifra?
₹10.3 at the close on 4 Nov 2026, from the exchange's daily figures.
What is the market cap of Indifra?
₹8 cr at the close on 4 Nov 2026, on 72,90,000 shares.
What is the P/E of Indifra?
750.9 times FY26 profit at the close on 4 Nov 2026 (our arithmetic).
What are Indifra's revenue and profit?
Revenue ₹17 cr and profit after tax ₹0 cr in FY26.
Who are the promoters of Indifra?
The promoter group; promoters held 67.56% at 31 March 2026.
What is Indifra's website?
www.indifra.com
More SME companies like Indifra
Other listed SME companies in gas, the closest in size first, each read from its own documents.
- Shanthala FMCG ProductsSHANTHALA · NSE Emerge · Cigarettes & Tobacco Products · listed 2023Market cap ₹8 cr
- Jiwanram Sheoduttrai IndustriesJIWANRAM · NSE Emerge · Industrial Products · listed 2023Market cap ₹9 cr
- Plada Infotech ServicesPLADAINFO · NSE Emerge · Commercial Services & Supplies · listed 2023Market cap ₹10 cr
- Net Avenue TechnologiesCBAZAAR · NSE Emerge · Retailing · listed 2023Market cap ₹11 cr
- Quality Foils (India)QFIL · NSE Emerge · Industrial Products · listed 2023Market cap ₹13 cr
- Tridhya TechTRIDHYA · NSE Emerge · Commercial Services & Supplies · listed 2023Market cap ₹14 cr
Every listed SME company in Gas → · SME companies listed in 2023 →
Built from 18 exchange announcements, 6 shareholding patterns and 8 years of reported results. Every figure carries its source; where the documents are silent, the page says so.