IFB Industries Ltd

505726

Summary

Fair Value Assessment
Overvalued (13% Premium)
Fair ValueQ975.07UncertaintyHigh
Close Price1,104.70Feb 27, 2025
1,070.30
Price Down by 34.40 | 3.11 %
Previous Close
1,104.70
Day Range
1,066.00 – 1,103.95
Year Range
1,020.05 – 2,359.00
Bid / Ask
1,074.75 × 1078.4
Market Cap
43.5 Bil
Volume / Average
3.4 k / 7.0 k
Beta (5-Year)
1.76
Shares Outstanding
40.52 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
IFB Industries Ltd is an India-based company engaged in the business of fine-blanked components and home appliances. The operating divisions of the group are Engineering, Home Appliances division, Motor, Steel, and Others. It derives a majority of the revenue from the Home Appliances Division which includes products such as washing machines, clothes dryers, dishwashers, microwave ovens, air conditioners, chimneys, refrigerators, modular kitchens, and built-in ovens and built-in hobs. Geographically, the group has a business presence in India and other countries, of which a majority of the revenue is derived from India.
Contact
Plot No. IND-5, Sector - 1 East Kolkata Township, Kolkata, WB 700107
T +91 3339849524
www.ifbindustries.com opens in a new tab
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
4,846

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
48.45 44.34 41.90 34.12 27.99 26.37
Revenue Growth %
11.29% 5.82% 22.82% 21.90% 6.24% -0.76%
Gross Profit
16.81 15.59 13.96 11.46 10.87 10.07
Gross Profit Margin %
34.69% 35.17% 33.32% 33.58% 38.84% 38.20%
Operating Income
1.63 0.98 0.49 -0.53 1.12 0.33
Operating Margin %
3.37% 2.22% 1.16% -1.55% 4.01% 1.25%
EBIT
1.62 0.98 0.58 -0.45 1.24 0.38
EBIT Margin %
3.34% 2.20% 1.38% -1.32% 4.42% 1.43%
EBITDA
2.92 2.22 1.79 0.71 2.26 1.30
EBITDA Margin %
6.03% 5.01% 4.28% 2.07% 8.08% 4.91%
Net Income
1.12 0.50 0.15 -0.48 0.63 0.27
Net Profit Margin %
2.31% 1.14% 0.36% -1.41% 2.29% 0.98%
Basic EPS
27.65 12.43 3.69 -11.89 15.61 6.76
Diluted EPS
27.64 12.43 3.69 -11.89 15.61 6.76
Normalized EPS
Total Dividends per Share
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
23.34 21.80 21.07 20.30 18.91 16.65
Total Liabilities
15.44 14.62 14.39 13.82 11.96 10.18
Total Debt
1.65 1.64 3.53 3.63 2.93 3.57
Total Equity
7.90 7.18 6.67 6.48 6.96 6.47
Cash And Cash Equivalents
1.06 1.04 0.76 0.70 0.98 1.05
Working Capital
2.67 1.63 1.01 1.83 3.09 3.16
Shares Outstanding (Bil)
0.04 0.04
Book Value Per Share
177.11 164.73 159.99 171.74 159.59
Total Debt To Equity
0.21 0.23 0.53 0.56 0.42 0.55
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
2.57 3.51 1.06 0.51 2.92 1.88
Cash From Investing Activities
-1.24 -1.38 -0.06 -0.27 -1.87 -3.74
Cash From Financing Activities
-1.22 -1.86 -0.94 -0.51 -1.12 2.19
Capital Expenditures
0.65 0.67 0.74 0.93 2.24
Free Cash Flow
1.25 0.76 -0.42 0.91 -1.03
Change in Cash
0.11 0.27 0.05 -0.28 -0.06 0.33

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Rajshankar Ray (55) Director, Managing Director and Chief Executive Officer, Appliances Division
Panamanna Hariharan Narayanan (62) Director and Managing Director, Engineering Division
Amar Singh Negi (64) Director and Head, Service Business
Total Compensation for all Key Executives
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
DSP Small Cap Reg Gr 4.32 1.62 1,750,000
Jan 31, 2025
UTI Mid Cap Reg Gr 1.42 0.72 575,605
Jan 31, 2025
DSP Multicap Dir Gr Not Rated 0.34 1.00 136,997
Jan 31, 2025
DFA Emerging Markets Core Equity I 0.11 0.00 44,055
Dec 31, 2024
UTI India Consumer Reg Gr Not Rated 0.10 0.81 39,500
1,500
3.95%
Jan 31, 2025
Total (for Top 5) 6.28 2,546,157
1,500

© Copyright 2025 Morningstar, Inc. All rights reserved.
Terms of Use    Privacy Policy
© Copyright 2025 Morningstar, Inc. All rights reserved. Please read our Terms of Use above. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
As of December 1st, 2023, the ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
Company: Morningstar India Private Limited; Regd. Office: 9th floor, Platinum Technopark, Plot No. 17/18, Sector 30A, Vashi, Navi Mumbai – 400705, Maharashtra, India; CIN: U72300MH2004PTC245103; Telephone No.: +91-22-61217100; Fax No.: +91-22-61217200; Contact: Morningstar India Help Desk (e-mail: helpdesk.in@morningstar.com) in case of queries or grievances.
Top