IFB Industries
- P/E
- 27.82
Key Fundamentals
MicrocapConsumer DurablesConsumer DiscretionaryPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 19.50%
- Debt to Equity
- 0.16
- EPS (TTM)
- ₹39.59
- Book Value
- ₹265.30
- Market Cap
- —
- P/E (TTM)
- 27.82
- P/B
- 4.15
- ROE
- 15.70%
- Dividend Yield
- 0.00%
- EBITDA
- ₹351 Cr
- 52W High
- ₹1,915.00
- 52W Low
- ₹883.20
- Day Range
- ₹1,058.00 – ₹1,120.00
- Volume
- 35,887
Peer Comparison
Consumer Discretionary › Consumer Goods › Household Appliances
| ₹1,692.10 | 62.93 | ₹1,15,914 Cr | 14.98 | 0.00% | 24.70% | 32.30% | ₹25,575 Cr | ₹1,825 Cr | |
| ₹1,064.80 | 78.41 | ₹35,544 Cr | 5.53 | 0.38% | 6.10% | 9.04% | ₹14,979 Cr | ₹442 Cr | |
| ₹1,555.00 | 62.78 | ₹32,857 Cr | 9.17 | 0.54% | 17.20% | 21.20% | ₹12,798 Cr | ₹510 Cr | |
| ₹6,460.00 | 236.98 | ₹22,453 Cr | 5.21 | 0.00% | 5.99% | 10.30% | ₹12,625 Cr | ₹124 Cr | |
| ₹203.82 | — | ₹13,185 Cr | 4.33 | 1.52% | 10.30% | 19.00% | ₹7,698 Cr | −₹189 Cr | |
| ₹292.95 | 35.04 | ₹12,603 Cr | 5.00 | 0.52% | 14.40% | 18.40% | ₹6,310 Cr | ₹364 Cr | |
| ₹826.15 | 41.77 | ₹10,427 Cr | 2.52 | 0.61% | 7.71% | 10.70% | ₹8,329 Cr | ₹252 Cr | |
| IFB Industries (this company) | ₹1,101.40 | 27.82 | ₹4,310 Cr | 4.15 | 0.00% | 15.70% | 19.50% | ₹5,866 Cr | ₹161 Cr |
| Median 8 companies | ₹1,083.10 | 62.78 | ₹17,819 Cr | 5.11 | 0.45% | 12.35% | 18.70% | ₹10,477 Cr | ₹308 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 56
- Good
- Returns, margins, earnings quality 22% weight
- Valuation
- 43
- Weak
- Cheap vs sector & own history 24% weight
- Growth
- 52
- Average
- Sales & profit trajectory 9% weight
- Financial Health
- 62
- Good
- Solvency, leverage, coverage 9% weight
- Momentum
- 33
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 31
- Poor
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Company has reduced debt.
Weaknesses
2- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.9% over last 3 years.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 10 | 5 | 4 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Strong Bearish | 8 | 0 | 2 |
Oscillators
Neutral
Overall
Strong Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 45.22
- Neutral
- MACD (12,26,9)
- −45.46
- Bullish
- SMA (50)
- 1,207.78
- Bearish
- SMA (200)
- 1,202.67
- Bearish
As of
Analyst Rating
3 of 5 analysts rate Buy, 2 Hold, 0 Sell.
As of
Growth Rate
From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 5Y | +14.94% |
|---|---|
| 3Y | +10.23% |
| 1Y | +10.35% |
| TTM | +13.66% |
Net profit
| 5Y | +17.61% |
|---|---|
| 3Y | +112.53% |
| 1Y | +21.01% |
| TTM | +50.47% |
Operating cash flow
| 5Y | +0.47% |
|---|---|
| 3Y | +41.29% |
| 1Y | +153.39% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 5Y | −1.89 pp |
|---|---|
| 3Y | +1.80 pp |
| 1Y | +0.07 pp |
| TTM | +0.63 pp |
Revenue by year
| Mar 2017 | ₹1,758 Cr |
|---|---|
| Mar 2018 | ₹2,220 Cr |
| Mar 2019 | ₹2,657 Cr |
| Mar 2020 | ₹2,637 Cr |
| Mar 2021 | ₹2,801 Cr |
| Mar 2022 | ₹3,415 Cr |
| Mar 2023 | ₹4,195 Cr |
| Mar 2024 | ₹4,438 Cr |
| Mar 2025 | ₹5,092 Cr |
| Mar 2026 | ₹5,619 Cr |
Net profit by year
| Mar 2017 | ₹52.00 Cr |
|---|---|
| Mar 2018 | ₹79.00 Cr |
| Mar 2019 | ₹71.00 Cr |
| Mar 2020 | ₹26.00 Cr |
| Mar 2021 | ₹64.00 Cr |
| Mar 2022 | −₹48.00 Cr |
| Mar 2023 | ₹15.00 Cr |
| Mar 2024 | ₹50.00 Cr |
| Mar 2025 | ₹119 Cr |
| Mar 2026 | ₹144 Cr |
Analyst Forecasts
AI Analysis — Bull vs Bear
IFB Industries Ltd is a mid-cap consumer discretionary company with a market cap of ₹5,158 Cr, trading at a PE of 36.2x. The company has shown strong profit growth of 45% TTM and improving ROE from 7% (5-year average) to 17% (last year), though the stock has declined 17% over the past year and pays no dividend.
- TTM profit growth of 45% indicates strong earnings momentum and operational improvement
- ROE has improved sharply from 7% (5-year average) to 17% in the last year, suggesting better capital efficiency
- Company has delivered compounded profit CAGR of 19.2% over the last 5 years
- 3-year compounded profit growth of 151% reflects a significant turnaround from a low base
- Compounded sales growth of 10% over 3 years and 15% over 5 years shows consistent top-line expansion
- Company has actively reduced debt, improving balance sheet strength
- 10-year stock CAGR of 14% demonstrates long-term wealth creation track record
- PE of 36.2x is elevated for a consumer discretionary company with 10% TTM sales growth, implying rich valuation
- Stock has declined 17% over the past 1 year despite improving fundamentals, indicating market skepticism
- Zero dividend yield — company is not paying out dividends despite reporting repeated profits
- 3-year average ROE of only 12.7% is modest relative to the premium valuation multiple
- 5-year stock CAGR of only 4% suggests prolonged periods of underperformance for investors
- 5-year average ROE of just 7% indicates historically weak return generation on shareholder equity
- 151% 3-year profit CAGR is partly base-effect driven, making forward growth sustainability uncertain
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
TL;DR: IFB Industries is in a phase of leadership transition with a newly appointed MD & CEO, which provides management clarity going forward. No material headwinds emerged in recent news flow. The upcoming AGM on July 29 may offer further visibility on strategy and financials. Overall, the near-term newsflow is stable with a mildly positive governance signal.
- New MD & CEO appointed Jun 25
Shareholders approved appointment of Sandeep Joseph Abraham as Managing Director & CEO, along with directors Arup Das and Manoj Kumar Vijay via postal ballot, signaling leadership stability.
- 50th AGM scheduled Jul 29 Jul 3
IFB Industries will hold its 50th AGM on July 29, 2026 via video conferencing, with book closure from July 23 to July 29, 2026.
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,086 | 1,101 | 1,161 | 1,090 | 1,269 | 1,219 | 1,270 | 1,334 | 1,338 | 1,370 | 1,413 | 1,498 | 1,585 | 1,576 |
| Expenses | 1,055 | 1,038 | 1,103 | 1,048 | 1,190 | 1,154 | 1,186 | 1,278 | 1,277 | 1,272 | 1,338 | 1,420 | 1,496 | 1,485 |
| Operating Profit | 30 | 63 | 58 | 42 | 79 | 66 | 83 | 56 | 62 | 98 | 74 | 79 | 89 | — |
| OPM % | 2.8% | 6% | 5% | 3.9% | 6% | 5% | 7% | 4.2% | 4.6% | 7% | 5% | 5% | 6% | — |
| Other Income | 8 | 6 | 7 | 11 | 7 | 13 | 4 | 11 | 10 | 7 | −6 | 13 | 6 | — |
| Interest | 7 | 7 | 7 | 7 | 5 | 4 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 5 |
| Depreciation | 30 | 30 | 32 | 32 | 30 | 31 | 38 | 34 | 31 | 30 | 31 | 30 | 33 | 33 |
| PBT | 1 | 31 | 26 | 15 | 51 | 43 | 42 | 27 | 35 | 70 | 32 | 56 | 57 | 54 |
| Tax % | 211% | 31% | 34% | 19% | 27% | 27% | 26% | 29% | 25% | 27% | 24% | 24% | 25% | 29% |
| Net Profit | −1 | 22 | 17 | 12 | 38 | 31 | 31 | 19 | 26 | 51 | 24 | 43 | 43 | 38 |
| EPS (₹) | −0.15 | 5.31 | 4.31 | 2.96 | 9.26 | 7.75 | 7.67 | 4.66 | 6.46 | 12.53 | 5.91 | 10.53 | 10.62 | — |
Sep 2026: from the results filed on 27 Oct 2026, ahead of the full statement, so some rows are blank.
Profit & Loss
₹ Cr| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,758 | 2,220 | 2,657 | 2,637 | 2,801 | 3,415 | 4,195 | 4,438 | 5,092 | 5,619 | 5,866 |
| Expenses | 1,657 | 2,060 | 2,529 | 2,514 | 2,588 | 3,367 | 4,031 | 4,242 | 4,805 | 5,299 | 5,526 |
| Operating Profit | 102 | 160 | 128 | 123 | 213 | 49 | 164 | 196 | 287 | 321 | 340 |
| OPM % | 6% | 7% | 4.8% | 4.7% | 8% | 1.4% | 3.9% | 4.4% | 6% | 6% | 6% |
| Other Income | 13 | 16 | 32 | 14 | 22 | 28 | 23 | 32 | 35 | 19 | 19 |
| Interest | 6 | 7 | 8 | 18 | 34 | 35 | 33 | 31 | 27 | 25 | 20 |
| Depreciation | 44 | 54 | 58 | 92 | 102 | 115 | 122 | 124 | 132 | 122 | 124 |
| PBT | 65 | 115 | 94 | 27 | 99 | −74 | 32 | 73 | 163 | 192 | 215 |
| Tax % | 20% | 31% | 24% | 4% | 35% | −35% | 54% | 31% | 27% | 25% | — |
| Net Profit | 52 | 79 | 71 | 26 | 64 | −48 | 15 | 50 | 119 | 144 | 160 |
| EPS (₹) | 13.15 | 19.98 | 18 | 6.76 | 15.82 | −11.89 | 3.69 | 12.43 | 29.35 | 35.43 | 39.59 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 |
| Reserves | 428 | 507 | 577 | 605 | 655 | 607 | 626 | 676 | 801 | 954 |
| Borrowings | 40 | 32 | 31 | 357 | 293 | 363 | 353 | 164 | 250 | 156 |
| Other Liabilities | 397 | 538 | 619 | 662 | 903 | 1,019 | 1,086 | 1,298 | 1,266 | 1,333 |
| Total Liabilities | 907 | 1,118 | 1,268 | 1,665 | 1,891 | 2,030 | 2,107 | 2,180 | 2,358 | 2,484 |
| Fixed Assets | 329 | 339 | 358 | 625 | 654 | 698 | 695 | 629 | 695 | 700 |
| CWIP | 14 | 7 | 24 | 10 | 21 | 15 | 21 | 16 | 13 | 16 |
| Investments | 54 | 93 | 27 | 153 | 260 | 229 | 186 | 263 | 254 | 313 |
| Other Assets | 509 | 679 | 859 | 877 | 956 | 1,088 | 1,205 | 1,271 | 1,395 | 1,456 |
| Total Assets | 907 | 1,118 | 1,268 | 1,665 | 1,891 | 2,030 | 2,107 | 2,180 | 2,358 | 2,484 |
Cash Flow
₹ Cr| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 85 | 124 | 45 | 184 | 292 | 51 | 106 | 351 | 118 | 299 |
| Investing | −95 | −92 | −33 | −374 | −187 | −27 | −6 | −137 | −90 | −149 |
| Financing | 9 | −13 | −5 | 223 | −112 | −51 | −94 | −186 | −23 | −138 |
| Net Cash Flow | −2 | 20 | 6 | 33 | −7 | −28 | 6 | 28 | 5 | 11 |
| Free Cash Flow | 21 | 86 | −4 | −39 | 200 | −22 | 40 | 286 | 12 | 190 |
| CFO/EBITDA | 97 | 91 | 55 | 158 | 140 | 116 | 66 | 184 | 57 | 109 |
Ratios
| Particulars | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 30 | 31 | 34 | 28 | 35 | 33 | 36 | 38 | 31 | 28 |
| Inventory Days | 87 | 93 | 94 | 94 | 108 | 102 | 82 | 75 | 79 | 68 |
| Days Payable | 97 | 112 | 107 | 116 | 153 | 144 | 118 | 135 | 111 | 106 |
| Cash Conversion Cycle | 19 | 11 | 22 | 6 | −10 | −8 | −1 | −22 | −1 | −10 |
| Working Capital Days | 9 | 14 | 18 | 5 | −9 | −14 | −7 | −11 | −2 | 2 |
| ROCE % | — | 20% | 13% | 5% | 13% | −4% | 6% | 10% | 18% | 20% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view IFB Industries insights
63 extracted metrics across FY03–FY27.
Documents
- Q1 FY27 concall · Aug 2026Transcript PPT Recording
- Q4 FY26 concall · Jun 2026Transcript PPT Recording
- Q3 FY26 concall · Feb 2026Transcript PPT
- Q2 FY26 concall · Nov 2025PPT
- Q2 FY26 concall · Nov 2025Transcript PPT
- 15 Oct 2026
- 24 Oct 2025
- 20 Oct 2025
- 6 Nov 2024
- 1 Oct 2024
- General announcements 2 Nov 2026
Frequently Asked Questions about IFB Industries
What does IFB Industries Ltd do?
Where is IFB Industries Ltd (IFBIND) listed?
Which sector does IFB Industries Ltd belong to?
What is the PE ratio of IFB Industries Ltd?
What is the 52-week high and low of IFB Industries Ltd?
What is the Return on Equity (ROE) of IFB Industries Ltd?
Company Information
IFB Industries Limited originally known as Indian Fine Blanks Limited started its operations in India in 1974 in collaboration with Heinrich Schmid AG of Switzerland. The company operates two businesses--manufacturing of consumer durables and producing fine blank components (part of engineering segment) and goods. It manufactures fine blanking components for two wheelers, four wheelers, heavy vehicles and electrical OEMs. The company has a diversified product portfolio, comprising front- and top-load washing machines, dryers, ACs, microwave ovens, dishwashers, modular kitchens and chimneys.
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