IFB Industries Ltd (IFBIND) AI Stock Analysis

• Market Cap: ₹70.17B
• Dividend Yield: N/A
• Average Volume (3M): 4.82K
• Price to Earnings (P/E): 65.3
• Beta (1Y): 1.13
• Revenue Growth: 11.68%
• EPS Growth: 21.48%
• Country: IN
• Employees: 2,356
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 6.20
• Shares Outstanding: 40,518,795
• 10 Day Avg. Volume: 4,573
• 30 Day Avg. Volume: 4,818
• PEG Ratio: 0.32
• Price to Book (P/B): 6.23
• Price to Sales (P/S): 1.03
• P/FCF Ratio: 463.41
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,943.00
• Price Target Upside: 12.19% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: ₹1,943.00 ▲(12.19% Upside)

IFB Industries Ltd shows strong financial performance with robust revenue growth and improving profitability, which is the most significant factor in its overall score. The technical analysis indicates a strong upward trend, although overbought signals suggest caution. The high P/E ratio and lack of dividend yield present valuation concerns.

IFB Industries Ltd Business Overview & Revenue Model

Company Description

IFB Industries Limited, together with its subsidiaries, manufactures and trades in home appliances primarily in India. It offers domestic washing machines, microwave ovens, domestic and industrial dishwashers, clothes dryers, and modular kitchens; kitchen appliances, such as hobs, chimneys, and built-in ovens; air conditioners; and industrial washing systems, including dry cleaning and other finishing equipment. The company also provides a range of parts and accessories for motor vehicles, etc.; and fine blanked components and cold rolled steel strips, as well as tools and related machine tools, such as straighteners, decoilers, strip loaders, and others. In addition, it exports its products. The company was formerly known as Indian Fine Blanks Limited. IFB Industries Limited was incorporated in 1974 and is based in Kolkata, India.

How the Company Makes Money

IFB Industries Ltd generates revenue primarily through the sale of its home appliances and engineering products. The Home Appliances segment, which includes washing machines, microwave ovens, and other kitchen solutions, is a significant contributor to the company's earnings. The Engineering segment provides industrial solutions, which include manufacturing and sale of motors and fine blanking components for various industries. IFBIND leverages a network of distributors and retailers to reach consumers and maintains service centers to support after-sales services, enhancing customer satisfaction and fostering brand loyalty. Strategic partnerships with international brands and continuous investment in research and development further bolster its market position and revenue generation capabilities.

IFB Industries Ltd Financial Statement Overview

Summary

IFB Industries Ltd exhibits robust revenue growth and improving profitability metrics, demonstrating a positive trajectory in financial performance. The company maintains a balanced approach to leverage with a healthy balance sheet. However, limited free cash flow in 2025 could impact future investments and debt servicing.

Income Statement

IFB Industries Ltd has shown strong revenue growth over the recent years, with Total Revenue increasing from 26.37 billion in 2020 to 50.92 billion in 2025. The Gross Profit Margin for 2025 stands at 39.05%, indicating efficient cost management. Net Profit Margin also improved significantly to 2.34% in 2025 from a negative margin in 2022, highlighting a recovery in profitability. However, the EBIT and EBITDA margins are relatively low at 3.35% and 5.90% respectively, suggesting room for improvement in operational efficiency.

Balance Sheet

The company's balance sheet shows a stable financial position with a Debt-to-Equity Ratio of 0.30 in 2025, indicating a conservative approach to leverage. The Return on Equity improved to 14.12% in 2025, reflecting effective use of shareholder funds. The Equity Ratio of 35.70% suggests a moderate reliance on equity financing. However, the relatively low equity ratio could pose risks if liabilities increase significantly.

Cash Flow

Cash flow from operations remained positive, with an Operating Cash Flow to Net Income Ratio of 0.99 in 2025, indicating strong cash conversion. However, Free Cash Flow decreased significantly from 2.85 billion in 2024 to 113 million in 2025, primarily due to increased capital expenditures. The Free Cash Flow to Net Income Ratio is at 0.10, suggesting limited cash available for investments or debt repayment post operational expenses.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	51.61B	50.92B	44.38B	41.95B	34.15B	28.01B
Gross Profit	18.92B	19.89B	8.30B	16.37B	11.11B	10.56B
EBITDA	2.85B	3.01B	2.25B	1.87B	742.70M	2.33B
Net Income	1.08B	1.19B	503.60M	149.40M	-481.60M	641.10M
Balance Sheet
Total Assets	22.29B	23.58B	21.80B	21.07B	20.30B	18.91B
Cash, Cash Equivalents and Short-Term Investments	844.00M	3.24B	3.02B	1.86B	3.18B	3.77B
Total Debt	203.40M	2.50B	1.64B	3.53B	3.63B	2.93B
Total Liabilities	-8.42B	15.16B	14.62B	14.39B	13.82B	11.96B
Stockholders Equity	8.42B	8.42B	7.18B	6.67B	6.48B	6.96B
Cash Flow
Free Cash Flow	0.00	113.20M	2.85B	389.20M	-233.00M	1.99B
Operating Cash Flow	0.00	1.18B	3.49B	1.06B	505.60M	2.92B
Investing Cash Flow	0.00	-901.00M	-1.38B	-60.40M	-272.40M	-1.87B
Financing Cash Flow	0.00	-231.10M	-1.86B	-941.40M	-514.50M	-1.12B

IFB Industries Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1731.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:IFBIND, the sentiment is Positive. The current price of 1731.9 is above the 20-day moving average (MA) of 1724.36, above the 50-day MA of 1566.48, and above the 200-day MA of 1456.67, indicating a bullish trend. The MACD of 44.40 indicates Positive momentum. The RSI at 56.54 is Neutral, neither overbought nor oversold. The STOCH value of 46.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:IFBIND.

IFB Industries Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IFBIND	70 Outperform	₹70.17B	65.26	―	―	11.68%	21.48%
SYMPHONY	67 Neutral	₹61.64B	36.91	―	1.45%	-6.43%	-20.90%
ORIENTELEC	66 Neutral	₹44.06B	50.06	―	0.73%	6.63%	42.16%
BUTTERFLY	62 Neutral	₹12.58B	34.52	―	―	-2.67%	―
BAJAJELEC	61 Neutral	₹62.65B	58.97	―	0.55%	1.15%	-13.12%
Sector *	57 Neutral	$3.13B	9.23	-34.32%	3.14%	-25.56%	-353.61%
JCHAC	52 Neutral	₹46.93B	123.73	―	2.09%	11.32%	2515.69%