Ifb Industries Limited (IFBIND)

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Ifb Industries Limited (IFBIND) · mywealthgrid

About

IFB Industries manufactures household appliances in the consumer discretionary sector. At a ₹5,603.58 Cr market cap with quarterly revenues around ₹1,300–1,550 Cr, it operates at mid-cap scale with a fortress balance sheet (D/E 0.02).

Face value: ₹10

Market cap

₹4,723 Cr

P/E

29.4×

P/B

4.8×

Dividend yield

ROE

15.6%

ROCE

19.5%

Debt / equity

0.02

OPM

5.7%

EPS (TTM)

₹38.9

Book value

₹241.0

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Valuation at PE 34.92 appears stretched; 1y return of 3.69% suggests limited upside priced in — verify earnings growth pathway
Operating margins compressed from 7.28% (Sep 2025) to 4.94% (Mar 2026), recovering to 5.44% (Jun 2026); track whether stabilizing or cost pressures persist
Institutional ownership minimal (FII 0.8%, DII 6.15%) — verify analyst coverage and secondary-market liquidity
Household appliances are discretionary; net profit fell from ₹51 Cr (Sep 2025) to ₹43 Cr (Jun 2026) — confirm whether demand softness or competition is driving

Generated analysis · source review pending

Growth drivers

Margin recovery toward Sep 2025 highs of 7.28% would amplify earnings on current ₹1,300–1,550 Cr quarterly revenue base
D/E ratio of 0.02 and ROE of 15.63% provide balance sheet capacity for growth capex without financial stress
Quarterly revenue range suggests seasonal exposure; verify whether premiumization, new categories, or deeper regional penetration are expanding volumes

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹1,166.2-2.9%1Y

Quick read

rule-based

Pros

+Profit CAGR of 17.5% over the last 5 years
+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 10.7×
+High promoter holding of 75% with no pledge

Cons

−Thin operating margin of 5.7%

Research score

Structured signal from quality, growth, valuation and momentum.

62/100

Business quality: 52
Growth: 80
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY MICROCAP 250 NIFTY TOTAL MARKET

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	2,259	2,259	2,659	2,637	2,801	3,415	4,195	4,438	5,092	5,619
COGS	1,252	1,252	1,568	1,494	1,565	2,062	2,558	2,636	3,103	3,433
Gross profit	1,006	1,006	1,091	1,143	1,236	1,353	1,637	1,802	1,989	2,187
	851	851	964	1,022	1,026	1,297	1,476	1,609	1,705	1,870
	156	156	127	121	210	55	160	193	284	317
OPM %	6.9%	6.9%	4.8%	4.6%	7.5%	1.6%	3.8%	4.4%	5.6%	5.6%
Depreciation	54	54	58	92	102	115	122	124	132	122
Interest	5	5	7	16	31	32	29	28	24	21
	19	19	32	14	22	18	23	32	35	19
Profit before tax	115	115	94	27	99	-74	32	73	163	192
Tax	36	36	23	1	35	-26	17	23	45	49
Tax %	31.1%	31.1%	24.5%	3.7%	35.2%	-34.6%	53.6%	31%	27.3%	25.4%
	79	79	71	26	64	-48	15	50	119	144
PAT margin %	3.5%	3.5%	2.7%	1%	2.3%	-1.4%	0.4%	1.1%	2.3%	2.6%
EPS (₹)	20	20	18	6.8	15.6	11.9	3.7	12.4	29.4	35.4
EPS adjusted (₹)	—	—	—	—	15.5	-11.7	3.6	12.2	28.8	34.8
Annual report	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	41	41	41	41	41	41
Reserves	655	607	626	676	801	954
	198	239	204	69	98	16
	997	1,144	1,235	1,393	1,417	1,473
Total equity & liabilities	1,891	2,030	2,107	2,180	2,358	2,484
	585	567	544	530	540	558
CWIP	19	12	12	13	11	15
Investments	261	230	186	263	254	313
	1,027	1,222	1,365	1,373	1,552	1,599
Total assets	1,891	2,030	2,107	2,180	2,358	2,484

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Home appliances	4,461.23	118.79	1,558.95	1,215.21	343.74	34.56
Engineering	1,007.44	114.02

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	41%	43.4%	44.1%	39.6%	39%	40.6%	39.1%	38.9%
EBITDA margin %	4.8%	4.6%	7.5%	1.6%	3.9%	4.9%	5.9%	5.7%
EBIT margin %	2.6%	1.1%	3.8%	-1.8%	1%	2.1%	3.3%	3.5%
PAT margin %	2.7%	1%	2.3%	-1.4%	0.4%	1.1%	2.3%	2.6%
Working capital
Receivable days	—	—	35	33	36	38	31	28
Inventory days	—	—	108	102	82	75	79	68
Payable days	—	—	153	144	118	136	111	106
NWC days	—	—	-10	-8	-1	-23	-1	-10
Leverage
Current ratio	—	—	1.36	1.17	1.09	1.14	1.22	1.33
Debt to EBITDA	—	—	0.94	4.3	1.25	0.32	0.33	0.05
Debt to equity	—	—	0.28	0.37	0.31	0.1	0.12	0.02
Interest coverage	11.3	2.6	4.2	-1.3	2.2	4.5	8.6	10.7
Asset turnover	—	—	1.48	1.68	1.99	2.04	2.16	2.26
Return ratios
Return on assets %	—	—	3.4%	-2.4%	0.7%	2.3%	5%	5.8%
Return on capital employed %	—	—	12.7%	-4.3%	6.7%	13.2%	20.3%	19.5%
Return on equity %	—	—	9.2%	-7.4%	2.2%	7%	14.1%	14.4%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%
	0.65%	0.7%	0.75%	0.83%	1.11%	0.91%	1.06%	0.77%	0.92%	0.97%	0.92%	0.8%
	4.43%	3.57%	6.58%	6.75%	6.71%	6.8%	6.41%	6.26%	6.22%	6.04%	6.16%	6.15%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	19.96%	20.77%	17.71%	17.46%	17.22%	17.33%	17.57%	18.01%	17.9%	18.03%	17.96%	18.09%
No. of shareholders	—	—	—	—	—	—	—	—	31,348	31,477	33,569	34,516

Promoter holding up 0 percentage points since Sep 2023.

1 disclosure

Person	Deal	Shares	Value	Holding	Filed
Siddhartha Chatterjee	SellMarket Sale	3,400	₹52.01 L	0.02% → 0.01%	11 Sept 20257(2)

Disclosed under SEBI’s insider-trading regulations, which require a filing only above ₹10 lakh in a quarter — smaller dealings are in no disclosure. Holdings are the filer’s own percentages, not recomputed.

3 deals · 4 May 2022 – 6 Jun 2023

Date	Client	Type	Venue	Side	Quantity	Price	Value
6 Jun 2023	SOCIETE GENERALE	Bulk	BSE	Buy	3,00,000	₹800.00	₹24.00 Cr
4 May 2022	HSBC BANK MAURITIUS LIMITED AC JWALAMUKHI INVESTMENT HOLDINGS	Bulk	BSE	Sell	25,70,296	₹900.02	₹231.33 Cr
4 May 2022	PLUTUS WEALTH MANAGEMENT LLP	Bulk	BSE	Buy	25,02,875	₹900.00	₹225.26 Cr

1–3 of 3

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. BIKRAMJIT NAGExecutive Director-Chairperson
Mr. SUDIP BANERJEENon-Executive - Non Independent Director
Mr. ASHOK BHANDARINon-Executive - Non Independent Director
Mr. CHACKO JOSEPHNon-Executive - Independent Director
Mr. AMAR SINGH NEGIExecutive Director
Mr. DESH RAJ DOGRANon-Executive - Independent Director
Mr. COLLEGAL SRINIVASAN GOVINDARAJExecutive Director
Mrs. SREEDEVI PILLAINon-Executive - Independent Director
Mr. SUBIR CHAKRABORTYNon-Executive - Independent Director
Mr. SAURAV ADHIKARINon-Executive - Independent Director
Mr. TARUN KUMAR DAGANon-Executive - Independent Director

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 3 fund houses

Held by these funds

4.71%

of the company's equity

All mutual funds

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

5 schemes · 3 fund houses

		Shares
Small Cap Fund	DSP Mutual Fund	17.5 L	233	1.08%	4.321%	-0
Multi Cap Fund (Ex DSP Multi Cap Fund)NEW	DSP Mutual Fund	1.3 L	17.28	0.57%	0.32%	—
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	26,412	3.52	0.14%	0.065%	-578
IB18-Groww Nifty Total Market Index Fund	Groww Mutual Fund	180	0.02	0.01%	0%	+1
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	30	0	0.01%	0%	-0

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results6 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

19 announcementsExport CSV

19 Aug 2026, 5:54 pmCompany Update

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Earnings Call Transcript PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	41%	43.4%	44.1%	39.6%	39%	40.6%	39.1%	38.9%
EBITDA margin %	4.8%	4.6%	7.5%	1.6%	3.9%	4.9%	5.9%	5.7%
EBIT margin %	2.6%	1.1%	3.8%	-1.8%	1%	2.1%	3.3%	3.5%
PAT margin %	2.7%	1%	2.3%	-1.4%	0.4%	1.1%	2.3%	2.6%
Working capital
Receivable days	—	—	35	33	36	38	31	28
Inventory days	—	—	108	102	82	75	79	68
Payable days	—	—	153	144	118	136	111	106
NWC days	—	—	-10	-8	-1	-23	-1	-10
Leverage
Current ratio	—	—	1.36	1.17	1.09	1.14	1.22	1.33
Debt to EBITDA	—	—	0.94	4.3	1.25	0.32	0.33	0.05
Debt to equity	—	—	0.28	0.37	0.31	0.1	0.12	0.02
Interest coverage	11.3	2.6	4.2	-1.3	2.2	4.5	8.6	10.7
Asset turnover	—	—	1.48	1.68	1.99	2.04	2.16	2.26
Return ratios
Return on assets %	—	—	3.4%	-2.4%	0.7%	2.3%	5%	5.8%
Return on capital employed %	—	—	12.7%	-4.3%	6.7%	13.2%	20.3%	19.5%
Return on equity %	—	—	9.2%	-7.4%	2.2%	7%	14.1%	14.4%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Lg Electronics India LimitedLGEINDIALGEINDIA	₹1,16,876 Cr	₹1,16,876 Cr	₹25,575 Cr	₹2,593 Cr	9.8%	₹1,825 Cr	6.9%	31%	24.7%	30
Voltas LimitedVOLTASVOLTAS	₹34,850 Cr	₹35,817 Cr	₹14,979 Cr	₹734 Cr	4.5%	₹449 Cr	2.6%	11.4%	5.8%	19
Blue Star LimitedBLUESTARCOBLUESTARCO	₹30,009 Cr	₹30,636 Cr	₹12,798 Cr	₹905 Cr	7.5%	₹509 Cr	4.3%	23.2%	16.2%	33
Amber Enterprises India LimitedAMBERAMBER	₹22,945 Cr	₹25,647 Cr	₹12,625 Cr	₹1,008 Cr	7.8%	₹96 Cr	1.9%	12.6%	5.3%	53
Crompton Greaves Consumer Electricals LimitedCROMPTONCROMPTON	₹13,052 Cr	₹13,052 Cr	₹8,332 Cr	₹849 Cr	10.2%	₹-224 Cr	-2.9%	18.2%	-7.6%	-24
V-Guard Industries LimitedVGUARDVGUARD	₹12,869 Cr	₹12,878 Cr	₹6,310 Cr	₹594 Cr	8.8%	₹365 Cr	5.2%	17.9%	13.8%	60
Whirlpool Of India LimitedWHIRLPOOLWHIRLPOOL	₹10,934 Cr	₹10,934 Cr	₹8,329 Cr	₹409 Cr	6%	₹251 Cr	3.7%	9.9%	7.2%	9
Ttk Prestige LimitedTTKPRESTIGTTKPRESTIG	₹6,938 Cr	₹6,993 Cr	₹3,178 Cr	₹317 Cr	9.3%	₹190 Cr	5.3%	12.4%	8.1%	119
Eureka Forbes LimitedEUREKAFORBEUREKAFORB	₹6,817 Cr	₹6,817 Cr	₹2,802 Cr	₹321 Cr	11.6%	₹181 Cr	6%	4.8%	3.6%	80
Bosch Home Comfort India LimitedBOSCH-HCILBOSCH-HCIL	₹5,351 Cr	₹5,411 Cr	₹2,942 Cr	₹72 Cr	2.5%	₹5 Cr	-0.1%	4.5%	-0.5%	18
Ifb Industries LimitedIFBINDIFBIND	₹4,723 Cr	₹4,739 Cr	₹5,866 Cr	₹344 Cr	5.7%	₹160 Cr	2.6%	19.5%	15.6%	-10
Symphony LimitedSYMPHONYSYMPHONY	₹3,928 Cr	₹4,072 Cr	₹1,058 Cr	₹149 Cr	11%	₹-139 Cr	-12.5%	24.2%	-21.6%	162

Date	Category	Subject	Filing
19 Aug 2026, 5:54 pm	Company Update Earnings Call Transcript	Announcement under Regulation 30 (LODR)-Earnings Call Transcript	PDF
14 Aug 2026, 9:28 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome	PDF
11 Aug 2026, 11:08 pm	Company Update Investor Presentation	Announcement under Regulation 30 (LODR)-Investor Presentation	PDF
11 Aug 2026, 11:06 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
10 Aug 2026, 11:41 am	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
8 Aug 2026, 1:33 pm	Company Update Newspaper Publication	Publication Of Financial Results (Standalone & Consolidated) For The Quarter Ended 30Th June, 2026	PDF
29 Jul 2026, 6:08 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
29 Jul 2026, 6:05 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	292	51	106	351	118	299
	-187	-27	-6	-138	-90	-152
	-112	-51	-94	-186	-23	-138
Net cash flow	-6	-28	5	27	5	9
Free cash flow	199	-23	39	285	12	190
CFO / Operating profit %	139.1%	91.2%	64.8%	161.5%	39%	94%

Ifb Industries Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

1

Announcements

Not in the F&O segment

1

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

Engineering · revenue

Ifb Industries Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Insider dealing

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

Board meetings1

Quarterly record

Insider dealing

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Engineering · revenue

1

1