IFBIND
IFB Industries Limited
Home appliances and engineering components manufacturer
Consumer Discretionary›Consumer Durables›Consumer Durables›Household Appliances
ifbindustries.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-19
Stock price
₹1108.40
Market cap
4,575 Cr
Stock P/E
28.5
P/B
4.60
ROE (FY26)
14.4%
ROCE (FY26)
21.1%
Operating margin (FY26)
3.5%
Debt / equity (FY26)
0.02
OCF / EBITDA (FY26)
94.0%
OCF / EBITDA (3Y)
91.6%
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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Compare with peers
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What you need to know
IFB Industries makes home appliances, chiefly front-load and top-load washing machines and air conditioners (ACs), and engineering components such as fine-blanked parts for vehicle makers in India.
Company snapshot
11thBy market cap
Ranked among 21 companies in Household Appliances.
Segment mix
Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.
Largest segment: 80.2% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Engineering | 17.4% | 220 Cr | 25 Cr | 373 Cr |
| Home appliances | 80.2% | 1,018 Cr | 34 Cr | 1,649 Cr |
| Motor | 1.2% | 15 Cr | -1 Cr | 31 Cr |
| Steel | 3.7% | 47 Cr | 2 Cr | 74 Cr |
Shares add up to 102% because segment revenues are before inter-segment eliminations.
What we see
Positives
- ✓92% of operating profit came in as cash over the last three years — profits are backed by real cash.
Concerns
- ✗Net margin is very thin at 2.6% — little room for error if costs rise.
1 more signal from the filings.Sign in free to see them all
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,101 Cr | 1,161 Cr | 1,090 Cr | 1,269 Cr | 1,219 Cr | 1,270 Cr | 1,334 Cr | 1,338 Cr | 1,370 Cr | 1,413 Cr | 1,498 Cr | 1,585 Cr |
| Operating expenses (approx.) | 1,030 Cr | 1,096 Cr | 1,044 Cr | 1,187 Cr | 1,149 Cr | 1,180 Cr | 1,273 Cr | 1,275 Cr | 1,271 Cr | 1,336 Cr | 1,420 Cr | 1,496 Cr |
| EBITDA | 70 Cr | 65 Cr | 47 Cr | 82 Cr | 70 Cr | 89 Cr | 61 Cr | 63 Cr | 100 Cr | 76 Cr | 79 Cr | 89 Cr |
| OPM % | 6.4% | 5.6% | 4.3% | 6.4% | 5.8% | 7.0% | 4.6% | 4.7% | 7.3% | 5.4% | 5.3% | 5.6% |
| Other income | 6 Cr | 7 Cr | 11 Cr | 7 Cr | 13 Cr | 4 Cr | 11 Cr | 10 Cr | 7 Cr | 7 Cr | 9 Cr | 6 Cr |
| Interest | 7 Cr | 7 Cr | 7 Cr | 5 Cr | 4 Cr | 8 Cr | 7 Cr | 6 Cr | 5 Cr | 5 Cr | 5 Cr | 5 Cr |
| Depreciation | 30 Cr | 32 Cr | 32 Cr | 30 Cr | 31 Cr | 38 Cr | 34 Cr | 31 Cr | 30 Cr | 31 Cr | 30 Cr | 33 Cr |
| Profit before tax | 31 Cr | 26 Cr | 15 Cr | 51 Cr | 43 Cr | 42 Cr | 27 Cr | 35 Cr | 70 Cr | 32 Cr | 56 Cr | 57 Cr |
| Tax % | 31.4% | 33.6% | 18.8% | 26.9% | 27.4% | 26.2% | 29.2% | 25.3% | 27.5% | 24.2% | 23.5% | 24.7% |
| Net profit | 22 Cr | 17 Cr | 12 Cr | 38 Cr | 31 Cr | 31 Cr | 19 Cr | 26 Cr | 51 Cr | 24 Cr | 43 Cr | 43 Cr |
| EPS (₹) | ₹5.31 | ₹4.31 | ₹2.96 | ₹9.26 | ₹7.76 | ₹7.67 | ₹4.66 | ₹6.46 | ₹12.53 | ₹5.91 | ₹10.53 | ₹10.62 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,919 Cr | 2,259 Cr | 2,659 Cr | 2,637 Cr | 2,801 Cr | 3,415 Cr | 4,195 Cr | 4,438 Cr | 5,092 Cr | 5,619 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 1,818 Cr | 2,103 Cr | 2,532 Cr | 2,516 Cr | 2,591 Cr | 3,360 Cr | 4,032 Cr | 4,221 Cr | 4,789 Cr | 5,301 Cr | Sign in free for the trailing twelve months |
| EBITDA | 101 Cr | 156 Cr | 127 Cr | 121 Cr | 210 Cr | 55 Cr | 163 Cr | 217 Cr | 302 Cr | 318 Cr | Sign in free for the trailing twelve months |
| OPM % | 5.2% | 6.9% | 4.8% | 4.6% | 7.5% | 1.6% | 3.9% | 4.9% | 5.9% | 5.7% | Sign in free for the trailing twelve months |
| Other income | 13 Cr | 19 Cr | 13 Cr | 13 Cr | 22 Cr | 18 Cr | 23 Cr | 32 Cr | 35 Cr | 33 Cr | Sign in free for the trailing twelve months |
| Interest | 5 Cr | 5 Cr | 7 Cr | 16 Cr | 31 Cr | 32 Cr | 29 Cr | 28 Cr | 24 Cr | 21 Cr | Sign in free for the trailing twelve months |
| Depreciation | 44 Cr | 54 Cr | 58 Cr | 92 Cr | 102 Cr | 115 Cr | 122 Cr | 124 Cr | 132 Cr | 122 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 65 Cr | 115 Cr | 94 Cr | 27 Cr | 99 Cr | -74 Cr | 32 Cr | 73 Cr | 163 Cr | 192 Cr | Sign in free for the trailing twelve months |
| Tax % | 20.3% | 31.1% | 24.5% | 3.7% | 35.2% | 34.6% | 53.6% | 31.0% | 27.2% | 25.4% | Sign in free for the trailing twelve months |
| Net profit | 52 Cr | 79 Cr | 71 Cr | 26 Cr | 64 Cr | -48 Cr | 15 Cr | 50 Cr | 119 Cr | 144 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹13.15 | ₹19.98 | ₹18.00 | ₹6.76 | ₹15.61 | ₹-11.89 | ₹3.69 | ₹12.43 | ₹29.35 | ₹35.43 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 0.0% | — | 0.0% | 0.0% | 0.0% | 0.0% | Sign in free for the trailing twelve months |
Sign in free for the trailing twelve months
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 41 Cr | 41 Cr | 41 Cr | 41 Cr | 41 Cr | 41 Cr | 41 Cr | 41 Cr | 41 Cr | 41 Cr |
| Reserves | 428 Cr | 507 Cr | 577 Cr | 605 Cr | 655 Cr | 607 Cr | 626 Cr | 676 Cr | 801 Cr | 954 Cr |
| Borrowings | 34 Cr | 23 Cr | 21 Cr | 289 Cr | 198 Cr | 239 Cr | 204 Cr | 69 Cr | 98 Cr | 16 Cr |
| Other liabilities | 401 Cr | 543 Cr | 627 Cr | 729 Cr | 997 Cr | 1,144 Cr | 1,235 Cr | 1,393 Cr | 1,417 Cr | 1,473 Cr |
| Total liabilities | 911 Cr | 1,118 Cr | 1,268 Cr | 1,665 Cr | 1,891 Cr | 2,030 Cr | 2,107 Cr | 2,180 Cr | 2,358 Cr | 2,484 Cr |
| Fixed assets (net) | 306 Cr | 312 Cr | 306 Cr | 491 Cr | 528 Cr | 518 Cr | 502 Cr | 488 Cr | 502 Cr | 519 Cr |
| CWIP | 8 Cr | 3 Cr | 18 Cr | 9 Cr | 19 Cr | 12 Cr | 12 Cr | 13 Cr | 11 Cr | 15 Cr |
| Investments | 54 Cr | 93 Cr | 27 Cr | 177 Cr | 261 Cr | 230 Cr | 186 Cr | 263 Cr | 254 Cr | 313 Cr |
| Loans & advances | — | — | 0.53 Cr | 0.55 Cr | 0.53 Cr | 0.60 Cr | 0.56 Cr | 0.50 Cr | 0.87 Cr | 0.88 Cr |
| Inventories | 242 Cr | 319 Cr | 404 Cr | 383 Cr | 462 Cr | 577 Cr | 573 Cr | 539 Cr | 670 Cr | 635 Cr |
| Trade receivables | 145 Cr | 187 Cr | 248 Cr | 205 Cr | 266 Cr | 310 Cr | 413 Cr | 463 Cr | 430 Cr | 437 Cr |
| Cash & bank | 46 Cr | 66 Cr | 72 Cr | 105 Cr | 98 Cr | 70 Cr | 76 Cr | 104 Cr | 109 Cr | 121 Cr |
| Other assets | 109 Cr | 138 Cr | 193 Cr | 294 Cr | 257 Cr | 313 Cr | 343 Cr | 309 Cr | 380 Cr | 444 Cr |
| Total assets | 911 Cr | 1,118 Cr | 1,268 Cr | 1,665 Cr | 1,891 Cr | 2,030 Cr | 2,107 Cr | 2,180 Cr | 2,358 Cr | 2,484 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 85 Cr | 124 Cr | 45 Cr | 188 Cr | 292 Cr | 51 Cr | 106 Cr | 351 Cr | 118 Cr | 299 Cr |
| Cash from investing | -95 Cr | -92 Cr | -34 Cr | -374 Cr | -187 Cr | -27 Cr | -6 Cr | -138 Cr | -90 Cr | -152 Cr |
| Cash from financing | 9 Cr | -13 Cr | -5 Cr | 219 Cr | -112 Cr | -51 Cr | -94 Cr | -186 Cr | -23 Cr | -138 Cr |
| Net cash flow | -2 Cr | 19 Cr | 6 Cr | 33 Cr | -7 Cr | -28 Cr | 6 Cr | 28 Cr | 5 Cr | 11 Cr |
| Free cash flow (OCF − Capex) | 21 Cr | 82 Cr | -24 Cr | -36 Cr | 199 Cr | -23 Cr | 39 Cr | 285 Cr | 12 Cr | 190 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 13.7% | 21.0% | 15.8% | 4.6% | 14.5% | -4.7% | 7.1% | 12.8% | 19.9% | 21.1% |
| ROE % | 11.2% | 14.4% | 11.8% | 4.2% | 9.2% | -7.4% | 2.2% | 7.0% | 14.1% | 14.4% |
| Debtor days | 27 | 30 | 34 | 28 | 35 | 33 | 36 | 38 | 31 | 28 |
| Inventory days | 121 | 125 | 130 | 135 | 136 | 122 | 95 | 92 | 96 | 88 |
| Days payable | 136 | 151 | 147 | 168 | 193 | 172 | 137 | 168 | 135 | 138 |
| Cash conversion cycle | 13 | 4 | 17 | -4 | -22 | -17 | -7 | -38 | -8 | -22 |
| OCF / EBITDA % | 84.2% | 80.0% | 35.2% | 155.3% | 139.1% | n.m. | 64.8% | 161.5% | 39.0% | 94.0% |
| OCF / EBITDA % (3 years) | — | — | 66.3% | 88.4% | 114.5% | 137.3% | 104.6% | 116.4% | 84.2% | 91.6% |
| Debt / equity | 0.07 | 0.04 | 0.03 | 0.45 | 0.28 | 0.37 | 0.31 | 0.10 | 0.12 | 0.02 |
| Current ratio | — | — | 1.46 | 1.50 | 1.36 | 1.17 | 1.09 | 1.14 | 1.22 | 1.33 |
| Net debt / EBITDA | -0.12 | — | -0.40 | 1.52 | 0.48 | 3.03 | 0.79 | -0.16 | -0.04 | -0.33 |