₹3650.0
+0.72% today
· 30d -3.63%
as of 2026-09-04
Price · Daily Candles
“INDOTECH's Profit Surges, Yet Promoter Stake Shift Raises Eyebrows”
INDOTECH, a small-cap electrical equipment player with a ₹3624.0 Cr market cap, delivered strong annual performance, with net profit soaring 45.23% YoY to ₹93.0 Cr and revenue growing 27.84% YoY to ₹782.0 Cr. Despite this, promoter shareholding decreased by 2.82% QoQ to 72.18%, while public holding increased by 2.77% QoQ to 27.49%.
BULL CASE
+Annual revenue witnessed a strong 27.84% YoY increase, reaching ₹782.0 Cr.
+Net profit saw a significant 45.23% YoY growth, hitting ₹93.0 Cr for the annual period ending 2026-03-31.
+Quarterly net profit rose 14.01% YoY to ₹24.0 Cr, despite a weaker ML prediction for FCF growth (fcf_1y_stable_7y rank is weak at 0.0).
+Stock price has seen substantial momentum, climbing 66.63% over the last 3 months and 142.45% over the past 6 months to trade near its 52-week high of ₹3550.0.
BEAR CASE
−Promoter shareholding decreased by 2.82% QoQ, falling to 72.18% as of 2026-06-30.
−The stock is trading at a PE (TTM) of 38.36, while earnings per share (EPS TTM) stand at ₹87.19.
−The ML model predicts a severe free cash flow (FCF) compression with ranks of 0.186 for 1-year recent 2-year and 0.072 for 1-year rolling 4-year, and 0.0 for 1-year stable 7-year.
−Public shareholding increased by 2.77% QoQ to 27.49%.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹228 Cr
+39.02% YoY
NET PROFIT
₹26 Cr
+34.06% YoY
OPM
15.72%
-0.27pp YoY
EPS
₹24.2
PE 38.36
Intrinsic value · DCF: N/A — ML model predicts severe Δ FCF compression (h1=-50.0%, h2=-49.6%, h3=-49.1% of mktcap), driving projected FCF negative by year 3 despite healthy current FCF. Treating as forecast outlier rather than reporting a misleading ₹0 valuation. Use the Strategy Fit and ML sections instead.
◇ Sector Position
INDOTECH trades at a lower PE of 38.36 relative to peers like CGPOWER (119.94 PE) and POWERINDIA (144.64 PE), but its ROCE is not provided for direct comparison against peers with strong ROCE such as CGPOWER (34.54%) and APARINDS (34.1%).
PEERPEROCE %
INDOTECH38.36—
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
76
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
STRONG
100
Valuation
FAIR
40
Growth
STRONG
83
Profitability
HIGH
75
Technicals
STRONG
70
Risk
LOW
90
Key Stats
TTM PE
38.36
P/B
26.73
52W HIGH
₹4030.0
OFF HIGH
-9.43%
MKT CAP
₹3876 Cr
◉ Active Signals
MACDNeutral-33.7583
RSI(14)Neutral51.47
⧉ Strategy Fit 🔒