Indifra share price & results
- Mar 2026
- Mar 2026
Gujarat-based infrastructure contractor executing aluminium-glass facade works, gas-pipeline installation and electrical-appliance/cable distribution for stadiums, hospitals and commercial projects.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 14.8 | +582.5% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | -0.2 | +21.5 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 0.15 | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | −0.0 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | -51.52 | −57.7 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | +29.7 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −31.2% 1Y
1Y: ₹16.5 on 17 Oct 2025 → ₹11.35. High ₹17 (17 Nov 2025), low ₹11.1 (7 Oct 2026).
- Previous close
- ₹11.9
- Market cap
- ₹8 Cr
- 52-week range
- ₹11.1 – ₹17
- One year
- −31.21%
- Price to earnings (FY ending Mar 2026)
- 849.00×
- Return on equity (FY ending Mar 2026)
- 0.06%
Overview
- Symbol
- NSE:INDIFRA
- Industry
- Energy
- Exchange
- NSE
- Currency
- INR
What Indifra Limited does
Based on the company's own presentations, annual report and earnings calls.
Indifra Limited is a small infrastructure execution company operating across three verticals: aluminium-and-glass facade contracting for stadiums, hospitals and large commercial buildings; gas-pipeline and infrastructure-management contracting regulated under PNGRB guidelines for city gas distribution networks; and distribution of electrical peripherals and industrial-grade cables. It earns project-based contracting revenue across these lines, including a current facade contract for the Varanasi International Cricket Stadium. The company runs from a single head office in Anand, Gujarat with 16 permanent employees (FY25) and uses a network of trusted subcontractors to execute multi-disciplinary projects.
Segments
- Aluminium & Glass Facade Works
- Gas Pipeline & Infrastructure Contracting
- Electrical Peripherals & Cables Distribution
- Permanent employees
- 16 (as of Mar 31, 2025)
- Business verticals
- 3 — facade works, gas-pipeline contracting, electrical distribution
- Flagship ongoing project
- Varanasi International Cricket Stadium (facade works)
- Head office locations
- 1 (Anand, Gujarat)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +158% (quarter to mar 2026 against mar 2025).
| Line item | Mar 2023 | Sept 2023 | Mar 2024 | Sept 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Sales | 4 | 0 | 9 | 10 | 2 | 3 | 15 |
| Expenses | 4 | 2 | 10 | 9 | 3 | 3 | 15 |
| Operating profit | 0 | -1 | -0 | 0 | -0 | -0 | -0 |
| Operating margin | 8.9% | −266.7% | −1.8% | 1.1% | −21.7% | −10.8% | −0.2% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | -1 | 0 | 0 | -0 | -0 | 0 |
| Tax rate | 156.5% | 0.0% | — | 0.0% | 0.0% | 0.0% | 11.8% |
| Net profit | -0 | -1 | -0 | 0 | -0 | -0 | 0 |
| EPS (₹ per share) | -0.71 | -2.30 | -0.01 | 0.37 | -0.36 | -0.18 | 0.21 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 7 | 7 | 7 | 7 |
| Reserves | 1 | 2 | 11 | 11 | 11 | 11 |
| Borrowings | 1 | 0 | 0 | 0 | 0 | 0 |
| Other liabilities | 3 | 1 | 0 | 0 | 0 | 3 |
| Total liabilities | 4 | 3 | 18 | 19 | 18 | 21 |
| Fixed assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 9 | 11 | 9 | 2 |
| Other assets | 4 | 3 | 9 | 8 | 9 | 19 |
| Total assets | 4 | 3 | 18 | 19 | 18 | 21 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -1 | 1 | -2 | -6 | 1 | -9 |
| Cash from investing | -0 | 0 | 0 | -9 | -1 | 9 |
| Cash from financing | 0 | 0 | -0 | 17 | 0 | 0 |
| Net cash flow | -0 | 1 | -2 | 2 | -0 | -0 |
| Free cash flow | -1 | 1 | -2 | -6 | 1 | -9 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 160 | 87 | 113 | 141 | 109 | 114 |
| Inventory days | 105 | 19 | 25 | 24 | 46 | 103 |
| Days payable | 136 | 76 | 29 | 8 | 11 | 57 |
| Cash conversion cycle | 128 | 30 | 109 | 156 | 144 | 160 |
| Working capital days | 12 | -7 | 106 | 307 | 219 | 327 |
| Return on capital employed | 37.5% | 59.6% | 89.1% | −11.6% | 0.1% | −0.7% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 67.56% as of Mar 2026.
- Promoters 67.56%
- Public 32.44%
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 11.96% held
- +0.47 pp 2.47% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Indifra Limited above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| 54.87% | unchanged | |
| 11.96% | newly disclosed | |
| 2.47% | +0.47 pp | |
| 1.10% | unchanged | |
| 0.25% | unchanged | |
| 0.23% | unchanged | |
| 0.23% | unchanged | |
| — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
Start an Inve Case for Indifra Limited
Free account: one company. Everything above stays public.
Write why you follow Indifra Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other Oil, Gas & Consumable Fuels companies
Learn to analyse Indifra Limited
Guides on how to read this kind of business and the numbers that matter.