IFBINDConsumer Durables

IFB Industries Limited

Household Appliances · ISIN INE559A01017 · BSE 505726 · NSE EQ · FV ₹10
Last price
₹1,101
+4.42%today
What this company does

IFB Industries Limited operates in Household Appliances, part of the Consumer Durables sector. It booked ₹1,576 cr of revenue in its latest quarter (Q2 FY27) and kept 2.4% of sales as profit.

“The Company is engaged in the business of manufacturing of fine blanked and stamping components, manufacturing and trading of home appliances and the manufacture of cold rolled steel strips and motors.”
“IFB Refrigeration Limited is engaged in the business of manufacturing, selling and other services related to refrigerators.”
In the report:
68out of 100
Equitytale Health Score
Solid

Healthier than 68% of companies in Consumer Durables, on all six measures of filed financials. Each measure is ranked against the 35–45 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
35

At close. Not part of the score.

Profitability & returns46

How much profit it earns on the money it employs

Balance sheet62

How much it owes, and whether earnings cover the interest

Cash quality85

Whether reported profit actually arrives as cash

Growth & consistency76

Whether sales and profit have grown, and how steadily

Valuation67

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 15% vs last year
✓ Promoters hold 75%
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Thin 2.4% net margin
! Profit down 25% vs last year

What if I invest in IFBIND?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,101▲ +4.42%
latest close · 2026-11-04
1-year return
-7.1%
52-wk low ₹80052-wk high ₹1,476
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio29.1Average
LowAverageHigh
P/B ratio4.23High
Below bookModerateHigh
EV / EBITDA11.3Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.3%Fair
WeakFairStrong ▸15%
Return on capital19.4%Strong
WeakFairStrong
Net margin2.4%Thin
ThinDecentStrong
EBITDA margin6.2%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.01Comfortable
LowModerateHigh ▸1
Interest cover13.6×Strong
RiskyOkayStrong ▸5×
Current ratio1.33Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹4,547 cr
Book value
₹261
EPS
₹9.47
latest quarter
Net debt
₹-101 cr
more cash than debt
Enterprise value
₹4,445 cr
EBITDA
₹393 cr
annualised
EBIT
₹260 cr
annualised
Operating margin
4.1%
Return on assets
5.6%
Earnings yield
3.44%
P/S
0.72
Sales / share
₹1,526.9
Tax rate
25.5%
Face value
₹10
Shares
4.1 cr
Working capital
₹452 cr
Current assets
₹1,842 cr
Current liabilities
₹1,390 cr
Delivery %
53.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹267–₹405, midpoint ₹336

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹1,576 cr
Other Income₹7 cr
Total Income₹1,583 cr
Cost of Materials₹716 cr
Purchases of Stock-in-Trade₹313 cr
Inventory Change (±)₹-45 cr
Employee Benefit Expense₹112 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹33 cr
Other Expenses₹390 cr
Total Expenses₹1,523 cr
Profit before Tax₹60 cr
Tax Expense₹15 cr
Share of JV / Associates₹-7 cr
Net Profit₹38 cr
Net margin on total income2.4%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹984 cr62.4%
Employee benefit expense₹112 cr7.1%
Finance costs₹5 cr0.3%
Depreciation & amortisation₹33 cr2.1%
Other expenses₹390 cr24.7%
Tax expense₹15 cr1.0%
Profit for the period₹38 cr2.4%
Total income ₹1,583 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue1,498 cr1,585 cr1,576 cr
Total income1,507 cr1,591 cr1,583 cr
Expenses1,455 cr1,534 cr1,523 cr
Profit before tax52 cr57 cr60 cr
Tax13 cr14 cr15 cr
Net profit (owners' share)43 cr43 cr38 cr
Net margin (owners' share, on revenue)2.8%2.7%2.4%
EPS (₹)10.5310.629.47
YoY (latest quarter): total income +14.9% · net profit -24.5%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹2,734 cr
Shareholder equity
₹1,076 cr
parent shareholders
Total debt
₹11 cr
Cash
₹112 cr
Cash flow · H1 FY27
Operating
₹115 cr
Investing
₹-52 cr
Financing
₹-72 cr
Peer comparison
Household Appliances · by market value
CompanyPriceMarket capP/E
LG Electronics India Limited₹1,690₹1.15 L cr43.9
Voltas Limited₹1,046₹34,602 cr40.5
Blue Star Limited₹1,573₹32,331 cr65.2
Crompton Greaves Consumer Electricals Limited₹198₹12,749 cr26.8
V-Guard Industries Limited₹287₹12,543 cr28.3
Whirlpool of India Limited₹815₹10,340 cr25.1
TTK Prestige Limited₹522₹7,147 cr30.1
Eureka Forbes Limited₹342₹6,627 cr22.5
BOSCH HOME COMFORT INDIA LIMITED₹1,715₹4,664 cr—
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-09-30
No pledge
Promoter
75.0%
FII / Foreign
0.8%
DII / Domestic
5.6%
Retail / others
18.7%
Smart-money activity
Insider trades
BoughtKartik Muchandi · -3,000 · ₹30.2 L16 Mar 26
SoldSiddhartha Chatterjee · -3,400 · ₹52.0 L2 Sep 25
SoldMr. Jayanta Chanda · Employees/Designated Employees1,999 · ₹31.4 L17 Jun 25
Bulk / block deals
short— · NSE1924 Jul 26
short— · NSE111 Jun 26
short— · NSE254 Jun 26
Stake changes
BoughtMrs. Preombada Nag · promoter→ 0.71% · 1.58 L27 Mar 24
SoldPlutus Wealth Management LLP→ 3.70% · 10.22 L2 Jan 24
SoldPlutus Wealth Management LLP→ 6.22% · 15.03 L6 Jun 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Jul 2025
See the official result
1
1 - To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the year ended March 31,2025, including the audited Balance Sheet as at March 31, 2025, the statement of Profit and Loss for the year ended on that date and the reports of the Board of Directors and Auditors’ thereon.
Backed by 100% of shareholders other than promotersneeded 50%
30.60 L votes for, 15 against · 0% of mutual funds and other big investors said no
2
2 - To receive, consider and adopt Audited Consolidated Financial Statements of the Company for the year ended March 31, 2025 and the Report of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
30.60 L votes for, 15 against · 0% of mutual funds and other big investors said no
3
3 - To appoint a Director in place of Mr. Amar Singh Negi (DIN: 08941850), who retires by rotation and being eligible, offers himself for re-appointment as a Director.
Backed by 100% of shareholders other than promotersneeded 50%
30.60 L votes for, 270 against · 0% of mutual funds and other big investors said no
4
4 - To appoint a Director in place of P.H. Narayanan (DIN: 10158148), who retires by rotation and being eligible, offers himself for re-appointment as a Director.
Backed by 98% of shareholders other than promotersneeded 50%
29.90 L votes for, 69,928 against · 3% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 14 named members
owning 75.0% between them · as of 2026-09-30
IFB Automotive Private Limited46.54%
Nurpur Gases Private Limited14.83%
Asansol Bottling & Packaging Company Private Limited8.31%
Mac Consultants Private Limited1.74%
CPL Projects Limited1.29%
Preombada Nag0.72%
Shubh Engineering Limited0.64%
IFB Agro Industries Limited0.43%
Business done with them
FY2025 · 2 of the group
The company paid ₹24 cr to companies in the promoter group last year — about 0.5% of its ₹5,092 cr revenue and received ₹69 cr back from them.
IFB Automotive Private Limited
Sold goods to them · Sales, service and other income, sale of property, plant and equipment, Purchase of inventories, Expenditure on other services
also owns 46.54% of the company
₹67 cr
company received
IFB Automotive Private Limited
Bought goods from them · Sales, service and other income, sale of property, plant and equipment, Purchase of inventories, Expenditure on other services
also owns 46.54% of the company
₹22 cr
company paid
IFB AGRO INDUSTRIES LTD.
Paid them for services · Sales, service and other income, purchase of DEPB License Expenditure on other services
also owns 0.43% of the company
₹2 cr
company paid
IFB Automotive Private Limited
Provided services to them · Sales, service and other income, sale of property, plant and equipment, Purchase of inventories, Expenditure on other services
also owns 46.54% of the company
₹99 L
company received
IFB AGRO INDUSTRIES LTD.
Sold goods to them · Sales, service and other income, purchase of DEPB License Expenditure on other services
also owns 0.43% of the company
₹33 L
company received
IFB Automotive Private Limited
Paid them for services · Sales, service and other income, sale of property, plant and equipment, Purchase of inventories, Expenditure on other services
also owns 46.54% of the company
₹17 L
company paid
IFB AGRO INDUSTRIES LTD.
Bought goods from them · Sales, service and other income, purchase of DEPB License Expenditure on other services
also owns 0.43% of the company
₹1 L
company paid

The company also transacted with 9 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.