IFBAGRO

IFB Agro Industries financials

Market cap
₹829 Cr
Sector
Fast Moving Consumer Goods

What IFB Agro Industries Limited does

IFB Agro Industries operates in two segments: Spirit, Spirituous Beverages and allied products, which covers Extra Neutral Alcohol/rectified spirit production and Indian Made Liquor (IML) sold within West Bengal; and Marine Products, which covers export of processed shrimp (mainly to the USA, Europe and Japan), the company's own branded fish and shrimp feed (Nutrisigma, Nutrafeed) sold to farmers across several states, and a domestic marine food business served through the HORECA channel. The company also holds overseas subsidiaries used for a value-added seafood manufacturing venture.

Segments

  • Spirit, Spirituous Beverages and allied products
  • Marine Products
Business segments
2 (Spirit & Spirituous Beverages; Marine Products)
Marine shrimp-processing plant
Operational since 1996 (West Bengal)
Distillery operations
West Bengal (ENA and Indian Made Liquor)
Shrimp export markets
USA, Europe, Japan
Fish/shrimp feed market presence
Andhra Pradesh, Chhattisgarh, Uttar Pradesh, West Bengal, Bihar, North-East India
Overseas subsidiaries
2 (IFB Agro Holdings Pte Ltd, Singapore, holding company; step-down subsidiary IFB Vietnam Company Ltd)
Founded 1982Headquarters Kolkata, West BengalEmployees 417 (FY25 (31 March 2025)) Company website

Quarterly results

Q1 FY27: revenue up 35.8%, net profit up 17.6% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue267 295 232 293 402 +51%342 +16%368 +59%398 +36%
EBITDA5 13 9 22 37 +640%18 +38%23 +156%31 +41%
Net profit2 11 1 17 23 +1050%7 −36%9 +800%20 +18%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +14.1% 1Y

₹0.6k₹0.8k₹1.0k₹1.2k₹1.4k₹1.6k₹1.8kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹775.4 on 10 Sept 2025 → ₹884.45. High ₹1,753.2 (8 Jan 2026), low ₹683.3 (17 Mar 2026).

Financials, as filed

Revenue grew 4.1% a year over 3 years, FY23 to FY26. Operating margin widened to 7.1%.

Year endingFY23FY24FY25FY26
Revenue₹1.2k Cr₹931 Cr₹1.1k Cr₹1.4k Cr
Operating profit₹75 Cr₹-11 Cr₹36 Cr₹100 Cr
Operating margin6.0%-1.2%3.4%7.1%
Interest₹2 Cr₹0 Cr₹0 Cr₹5 Cr
Depreciation₹20 Cr₹22 Cr₹20 Cr₹35 Cr
Net profit₹51 Cr₹-8 Cr₹22 Cr₹56 Cr
Net margin4.1%-0.9%2.1%4.0%
Cash from operations₹32 Cr₹-31 Cr₹69 Cr₹93 Cr
Free cash flow₹18 Cr₹-63 Cr₹44 Cr₹69 Cr
ROCE13.0%-2.0%6.0%13.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹9 Cr₹9 Cr₹9 Cr₹9 Cr₹9 Cr₹9 Cr
Reserves₹435 Cr₹492 Cr₹539 Cr₹543 Cr₹650 Cr₹664 Cr
Borrowings₹3 Cr₹22 Cr₹19 Cr₹11 Cr₹87 Cr₹75 Cr
Other liabilities₹82 Cr₹67 Cr₹64 Cr₹72 Cr₹198 Cr₹124 Cr
Total liabilities₹530 Cr₹590 Cr₹632 Cr₹636 Cr₹944 Cr₹872 Cr
Fixed assets₹120 Cr₹145 Cr₹131 Cr₹148 Cr₹251 Cr₹246 Cr
Capital work in progress₹11 Cr₹2 Cr₹7 Cr₹1 Cr₹9 Cr₹4 Cr
Investments₹60 Cr₹101 Cr₹110 Cr₹119 Cr₹147 Cr₹137 Cr
Other assets₹339 Cr₹342 Cr₹383 Cr₹368 Cr₹537 Cr₹486 Cr
Total assets₹530 Cr₹590 Cr₹632 Cr₹636 Cr₹944 Cr₹872 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count grew 25% to 13,369.

Promoters
65.0%
FIIs
0.7%
DIIs
1.1%
Public
33.1%

Since Jun 2025

  • Public −0.04 pp
  • FIIs +0.03 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 65.0%, FIIs 0.2%, DIIs 1.1%, Public 33.7%.Dec '23: Promoters 65.0%, FIIs 0.2%, DIIs 1.1%, Public 33.6%.Mar '24: Promoters 65.0%, FIIs 0.2%, DIIs 1.1%, Public 33.7%.Jun '24: Promoters 65.0%, FIIs 0.2%, DIIs 1.1%, Public 33.7%.Sep '24: Promoters 65.0%, FIIs 0.1%, DIIs 1.1%, Public 33.7%.Dec '24: Promoters 65.0%, FIIs 0.2%, DIIs 1.1%, Public 33.7%.Mar '25: Promoters 65.0%, FIIs 0.1%, DIIs 1.1%, Public 33.7%.Jun '25: Promoters 65.0%, FIIs 0.7%, DIIs 1.1%, Public 33.2%.Sep '25: Promoters 65.0%, FIIs 0.7%, DIIs 1.1%, Public 33.2%.Dec '25: Promoters 65.0%, FIIs 0.9%, DIIs 1.1%, Public 33.0%.Mar '26: Promoters 65.0%, FIIs 0.9%, DIIs 1.1%, Public 33.0%.Jun '26: Promoters 65.0%, FIIs 0.7%, DIIs 1.1%, Public 33.1%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of IFB Agro Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
IFB Automotive Private Limited 38.46%unchanged
Nurpur Gases Private Limited 8.39%unchanged
Sicgil India Limited 7.67%unchanged
Lupin Agencies Private Limited 4.11%unchanged
Zim Properties Private Limited 4.11%unchanged
Windsor Marketiers Private Limited 4.09%unchanged
Asansol Bottling & Packaging Company Private Limited 3.28%unchanged
F L Dadabhoy 2.78%unchanged
Preombada Nag 2.55%unchanged
P F Dadabhoy 1.88%unchanged
N F Dadabhoy 1.64%unchanged
R F Dadabhoy 1.40%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse IFB Agro Industries Limited

Guides on how to read this kind of business and the numbers that matter.