Annual reportSep 2026
Sep 2026 · Updates 12 Sep - Indifra schedules 17th AGM on September 26, 2026 and shares FY2025-26 annual report web-link.
Source: Nse
Indifra Ltd. (INDIFRA)
SME CapPower stocks · SME cap · NSE
Indifra Ltd. operates in Cables, within the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹11.9
+0.00 · +0.00%
Market cap ₹8.7 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals20 Oct 2026 · screener
Latest result01 Jun, 07:54 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage11/14 · 79%
Valuation2026-07-20 · Rf 6.8% · Power P/E 16.8 (n=92)
Technical timing lens
Trend score and candlestick chart
38BearishSMA20 -5.6% / mo · MACD − · near 52W low
Stock trend: 38
Sector RS: —
Power FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
INDIFRAD candles · FIT view-8.5%Latest close ₹11.90 on 2026-10-16
Bar
+0.0%
RSI
46
MACD hist
-0.01
52W pos
14%
2026-10-16O ₹11.90H ₹11.90L ₹11.90C ₹11.90Vol 2,000 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
INDIFRANifty PowerNifty 500
- INDIFRA
- -0.4%
- Nifty 500
- -4.2%
- Nifty Power
- -10.9%
- Vs Nifty 500
- +3.7 pp
Chart stats
16 Oct 2026- From 52W high
- -51.4%
- 52W range position
- 6%
- ATR (14)
- 4.0%
- Volume vs 20D
- 0.69x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹11.1 - ₹13.3
₹24.5
₹11.1 - ₹24.5
₹0.5
Latest completed session
20-session average
63.2% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED16
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good55
Revenue +57.4% · PAT NDF YoY
Technical
Bearish38
Price trend and sector-relative-strength timing.
Valuation
Legacy model-43172.7%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence52
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Good · 55/100Rev +57% YoY · margin expansion · +470% QoQ
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹14.8 Cr | +57.4% | +469.6% |
| EBITDA | ₹-0 Cr | NDF | +89.3% |
| Operating margin | -0.2% | NDF | +1057 bps |
| PAT | ₹0.2 Cr | NDF | NDF |
| PAT margin | 1.0% | NDF | +601 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- 0.48
- EV/EBITDA
- —
- Market Cap
- 8.68Cr
Profitability
- ROE
- -0.88%
- ROCE
- -0.72%
- ROA
- 0.05%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 42.00%
- EPS 5Y
- -16.73%
- Revenue 3Y
- 20.00%
- EPS 3Y
- -3.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- —
- Altman Z
- 3.62
- Book Value
- 24.90
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 1/5
- OCF
- -8.90 Cr
- EPS TTM
- 0.01
Shareholding
- Promoter Hold
- 67.56%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 14%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 17.4+48.5% vs prev
Net Profit
₹ CrLatest: 0.0+0.0% vs prev
Return on Equity
%Latest: 0.1+0.0% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend unclear. RSI 46.
- SMA20 falling (~6.0% over last month) — short-term momentum negative.
- RSI(14) at 46 — falling, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 30% off 52W high · 7% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
22
RS percentile
Insufficient history
1M return
-9.8%
3M return
-17.6%
6M return
-30.0%
1Y return
-
RS 1D
+7
RS 20D
-
Sector rank
#11
Industry rank
#29
Stage evidence
- At least 170 daily sessions are required for the trend-stage read.
50-DMA
price below
200-DMA
unavailable
Sector
neutral
Industry
improving
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
91 observations
16 Oct 2026Value 72.07-0.85%
RS vs Nifty 50072
Valuation & peers
U-Score 16 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 16 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation3/30
Growth8/25
Quality0/20
Balance Sheet11/15
Cash Flow0/10
Piotroski
4/9 (+1)
Penalties
-7
Raw sum
16
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
16/100 · legacy band OVERVALUED
Positive drivers
- Balance sheet contributes 11/15 to the score.
- Growth contributes 8/25 to the score.
- Valuation contributes 3/30 to the score.
Main drags
- Penalty bucket subtracts 7 points.
- Fair-value margin of safety is negative at -43172.7%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
—
PB
0.5
EV/EBITDA
—
ROE
-0.9%
ROCE
-0.7%
FCF Yield
—
Debt/Equity
0.0
MoS
-43172.7%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
16
Previous: 16
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-43172.7%
Previous: -43172.7%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
16
16
16
16
16
16
16
16
16
16
16
16
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹2.37
-402.8% MoS
Growth-justified P/E
2.8
Growth-justified Value
₹0.03
-43172.7% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Power — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
JAINIK
SME
Jainik Power Cables Ltd.
Electrical Equipment
match 143
58
17.5
25.6%
+30%
FAIR VALUE
KCEIL
SME
Kay Cee Energy & Infra Ltd.
Electrical Equipment
match 142
65
5.0
22.8%
+83%
UNDERVALUED
MAKS
SME
Maks Energy Solutions India Ltd.
Electrical Equipment
match 132
50
12.0
4.5%
+43%
FAIR VALUE
LAKSHYA
SME
Lakshya Powertech Ltd.
Electrical Equipment
match 122
21
9.8
9.8%
-29%
OVERVALUED
RULKA
SME
Rulka Electricals Ltd.
Electrical Equipment
match 119
47
16.0
9.2%
+45%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Indifra Ltd. operates in Cables, within the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
52Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 10th percentile of the scored universe and 14th percentile within Power. Main check: financial discipline is weak at 18/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
10th percentile
overall median 67 · Power: 14th pctile, median 65 · SME: 11th pctile, median 64
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
18
weak · capital discipline
Results
45
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 67.6%.
- ▸Promoter pledge is zero.
- ▸Debt/equity is 0.00.
Trust risks
- ▸Operating cash flow is negative at ₹-9 Cr.
- ▸Only 1 years of positive FCF.
- ▸ROCE is low at 0.2%.
- ▸ROE is low at 0.1%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Indifra Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual report
Copy of Newspaper Publication 3 Sep - Newspaper advertisement confirms dispatch of 17th AGM notice and FY2025-26 annual report.
Source: Nse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.