IFBIND

IFB Industries share price & financials

Price
₹1,326.2
Market cap
₹5.7k Cr
Sector
Consumer Durables
Calls analysed
7
Latest concall · Q1 FY27 · call held 14 Aug 2026

IFB Industries Limited Q1 FY27

Revenue ₹1,529 cr +17%PAT ₹38.06 cr +50%PAT Margin 2.5% PBT ₹51.54 cr +52%

What went well

  • Revenue of INR 1,529 crores, up 16.65% YoY, demonstrating strong top-line growth.
  • PBDIT increased 26.46% YoY to INR 88.46 crores, with PBDIT margin expanding to 5.79% from 5.34% last year.
  • PAT grew significantly by 50.08% YoY to INR 38.06 crores, with PAT margin at 2.5%.

What to watch

  • Commodity and Forex costs continue to be an issue, leading to increased costs that could not be fully passed on to customers, impacting gross margins.
  • The INR 150 crores LOI from Tata for the EV battery project is under review due to issues at Tata Group, creating uncertainty for this significant project.
Read the full call →

What IFB Industries Limited does

IFB Industries operates two business divisions: Home Appliances, which manufactures and sells IFB-brand washing machines, air conditioners, microwave ovens, refrigerators and dishwashers to Indian consumers, alongside a Commercial Appliances line of institutional laundry and dishwashing equipment for hotels, hospitals and institutions. Its Engineering Division makes precision-engineered metal components -- fine blanking, stamping, chain-sprocket kits and electronics -- supplied mainly to automotive, EV and industrial customers, with plants in Kolkata and Bangalore. The company also runs an after-sales appliance service business through a franchisee network and distributes its IFB Essentials detergent range through retail, modern trade and quick-commerce channels. It was incorporated in 1974 and is headquartered in Kolkata.

Segments

  • Home Appliances Division
  • Engineering Division
Permanent employees
2,409 (as of 31 Mar 2025)
Service franchisee network
1,512 partners
Business divisions
2 (Home Appliances; Engineering)
Engineering manufacturing plants
Kolkata and Bangalore (Fine Blanking/Stamping), plus a Bommasandra industrial facility
Microwave ovens market position
No. 2 player in India
Quick-commerce distribution footprint
IFB Essentials expanded from a single-city launch to 500+ locations on Blinkit within 5 months
Founded 1974Headquarters Kolkata, IndiaEmployees 2,409 (31 March 2025) Company website

Guidance record · Q1 FY27

what the last two calls moved 19 tracked 1 delivered 3 missed 15 open
  • IFB Refrigeration Profitability delivered said Q4 FY24 Promised: Above breakeven in FY25 Q1 FY27: Historical promise for FY25 remains achieved.
  • AC Sales Volume (FY25) missed said Q4 FY24 Promised: 490,000 units Q1 FY27: Historical promise for a past period (FY25) remains missed and is not discussed.
  • Appliance Division Margin at risk said Q4 FY24 Promised: Double-digit by Q4 FY24 (missed), then revised to Q2/Q3 FY25 Q1 FY27: Management states a long-term aspiration that 'PBDIT should be early double digit in my opinion' for Home Appliances, confirming the target is still distant.

All 19 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 18.5%, net profit up 65.4% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue1,219 1,270 1,334 1,338 1,370 +12%1,413 +11%1,498 +12%1,585 +18%
EBITDA66 83 56 62 98 +48%74 −11%79 +41%89 +44%
Net profit31 31 19 26 51 +65%24 −23%43 +126%43 +65%
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 −13.5% 1Y

₹1.0k₹1.2k₹1.4k₹1.6k₹1.8k₹2.0kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q3 FY26 — 4 Feb 2026Q4 FY26 — 10 Jun 2026Q1 FY27 — 14 Aug 2026

1Y: ₹1,502.5 on 10 Sept 2025 → ₹1,300.1. High ₹1,956 (29 Oct 2025), low ₹894.1 (30 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
−0.2%
14 Aug
Q4 FY26
−2.7%
10 Jun
Q3 FY26
+0.4%
4 Feb

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 11.0% a year over 3 years, FY23 to FY26. Operating margin widened to 5.6%.

Year endingFY23FY24FY25FY26
Revenue₹4.1k Cr₹4.4k Cr₹5.1k Cr₹5.6k Cr
Operating profit₹161 Cr₹193 Cr₹284 Cr₹313 Cr
Operating margin3.9%4.3%5.6%5.6%
Interest₹29 Cr₹28 Cr₹24 Cr₹21 Cr
Depreciation₹120 Cr₹124 Cr₹133 Cr₹122 Cr
Net profit₹17 Cr₹50 Cr₹119 Cr₹144 Cr
Net margin0.4%1.1%2.3%2.6%
Cash from operations₹106 Cr₹351 Cr₹118 Cr₹299 Cr
Free cash flow₹40 Cr₹286 Cr₹12 Cr₹190 Cr
ROCE6.0%10.0%18.0%20.0%
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₹41 Cr₹41 Cr₹41 Cr₹41 Cr₹41 Cr₹41 Cr
Reserves₹655 Cr₹607 Cr₹626 Cr₹676 Cr₹893 Cr₹954 Cr
Borrowings₹293 Cr₹363 Cr₹353 Cr₹164 Cr₹164 Cr₹156 Cr
Other liabilities₹903 Cr₹1.0k Cr₹1.1k Cr₹1.3k Cr₹1.3k Cr₹1.3k Cr
Total liabilities₹1.9k Cr₹2.0k Cr₹2.1k Cr₹2.2k Cr₹2.4k Cr₹2.5k Cr
Fixed assets₹654 Cr₹698 Cr₹695 Cr₹629 Cr₹651 Cr₹700 Cr
Capital work in progress₹21 Cr₹15 Cr₹21 Cr₹16 Cr₹22 Cr₹16 Cr
Investments₹260 Cr₹229 Cr₹186 Cr₹263 Cr₹347 Cr₹313 Cr
Other assets₹956 Cr₹1.1k Cr₹1.2k Cr₹1.3k Cr₹1.4k Cr₹1.5k Cr
Total assets₹1.9k Cr₹2.0k Cr₹2.1k Cr₹2.2k Cr₹2.4k Cr₹2.5k 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

Since Jun 2025, DIIs trimmed −0.11 pp. The shareholder count grew 3% to 34,516.

Promoters
75.0%
FIIs
0.8%
DIIs
6.2%
Public
18.1%

Since Jun 2025

  • DIIs −0.11 pp
  • Public +0.07 pp
  • FIIs +0.03 pp

How it drifted, 12 quarters

Over this window the public fell from 20.0% to 18.1% — −1.9 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 0.7%, DIIs 4.4%, Public 20.0%.Dec '23: Promoters 75.0%, FIIs 0.7%, DIIs 3.6%, Public 20.8%.Mar '24: Promoters 75.0%, FIIs 0.8%, DIIs 6.6%, Public 17.7%.Jun '24: Promoters 75.0%, FIIs 0.8%, DIIs 6.7%, Public 17.5%.Sep '24: Promoters 75.0%, FIIs 1.1%, DIIs 6.7%, Public 17.2%.Dec '24: Promoters 75.0%, FIIs 0.9%, DIIs 6.8%, Public 17.3%.Mar '25: Promoters 75.0%, FIIs 1.1%, DIIs 6.4%, Public 17.6%.Jun '25: Promoters 75.0%, FIIs 0.8%, DIIs 6.3%, Public 18.0%.Sep '25: Promoters 75.0%, FIIs 0.9%, DIIs 6.2%, Public 17.9%.Dec '25: Promoters 75.0%, FIIs 1.0%, DIIs 6.0%, Public 18.0%.Mar '26: Promoters 75.0%, FIIs 0.9%, DIIs 6.2%, Public 18.0%.Jun '26: Promoters 75.0%, FIIs 0.8%, DIIs 6.2%, Public 18.1%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

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

HolderStakeChange
IFB Automotive Private Limited 46.54%unchanged
Nurpur Gases Private Limited 14.83%unchanged
Asansol Bottling & Packaging Company Private Limited 8.31%unchanged
DSP Small Cap Fund Mutual fund4.66%unchanged
Mac Consultants Private Limited 1.74%unchanged
Chatterjee Management Services Private Limited 1.68%unchanged
CPL Projects Limited 1.29%unchanged
Mukul Mahavir Agrawal 1.23%unchanged
Preombada Nag 0.72%unchanged
Shubh Engineering Limited 0.64%unchanged
IFB Agro Industries Limited 0.43%unchanged
CPL Industries Limited 0.18%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.

All earnings calls (7)

Read the Q1 FY27 call →

Learn to analyse IFB Industries Limited

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