IFB Industries Limited, together with its subsidiaries, manufactures and trades in home appliances primarily in India. More Details
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has IFB Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IFBIND's share price has been volatile over the past 3 months.
7 Day Return
IN Consumer Durables
1 Year Return
IN Consumer Durables
Return vs Industry: IFBIND exceeded the Indian Consumer Durables industry which returned 5.2% over the past year.
Return vs Market: IFBIND exceeded the Indian Market which returned 1.1% over the past year.
Price Volatility Vs. Market
How volatile is IFB Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall StHow Does IFB Industries's (NSE:IFBIND) P/E Compare To Its Industry, After The Share Price Drop?
7 months ago | Simply Wall StWhat Is IFB Industries's (NSE:IFBIND) P/E Ratio After Its Share Price Tanked?
7 months ago | Simply Wall StWhy IFB Industries Limited’s (NSE:IFBIND) Return On Capital Employed Might Be A Concern
Is IFB Industries undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: IFBIND (₹730.65) is trading above our estimate of fair value (₹181.72)
Significantly Below Fair Value: IFBIND is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IFBIND is unprofitable, so we can't compare its PE Ratio to the IN Consumer Durables industry average.
PE vs Market: IFBIND is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IFBIND's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IFBIND is overvalued based on its PB Ratio (4.6x) compared to the IN Consumer Durables industry average (1.2x).
How is IFB Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as IFB Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of IFBIND’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- IFB Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has IFB Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IFBIND is currently unprofitable.
Growing Profit Margin: IFBIND is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IFBIND is unprofitable, but has reduced losses over the past 5 years at a rate of 2.6% per year.
Accelerating Growth: Unable to compare IFBIND's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IFBIND is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-23%).
Return on Equity
High ROE: IFBIND has a negative Return on Equity (-4.61%), as it is currently unprofitable.
How is IFB Industries's financial position?
Financial Position Analysis
Short Term Liabilities: IFBIND's short term assets (₹9.4B) exceed its short term liabilities (₹6.3B).
Long Term Liabilities: IFBIND's short term assets (₹9.4B) exceed its long term liabilities (₹3.9B).
Debt to Equity History and Analysis
Debt Level: IFBIND's debt to equity ratio (44.7%) is considered high.
Reducing Debt: IFBIND's debt to equity ratio has increased from 19% to 44.7% over the past 5 years.
Debt Coverage: IFBIND's debt is well covered by operating cash flow (64.9%).
Interest Coverage: Insufficient data to determine if IFBIND's interest payments on its debt are well covered by EBIT.
What is IFB Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IFBIND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IFBIND's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IFBIND's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IFBIND's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IFBIND's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Bikram Nag (47 yo)
Mr. Bikramjit Nag, also known as Bikram, B.B.A., serves as the Managing Director and Joint Executive Chairman of IFB Industries Limited since October 31, 2008. Mr. Nag has been the Joint Executive Chairman ...
CEO Compensation Analysis
Compensation vs Market: Bikram's total compensation ($USD127.92K) is below average for companies of similar size in the Indian market ($USD355.74K).
Compensation vs Earnings: Insufficient data to compare Bikram's compensation with company performance.
|Executive Chairman||no data||₹16.32m||0.39% |
|Joint Executive Chairman & MD||12yrs||₹9.39m||0.0074% |
|CFO & Executive Director||7.5yrs||₹9.23m||0.046% |
|Non-Executive Director||8.5yrs||₹490.00k||no data|
|Non-Executive Independent Director||17.33yrs||₹875.00k||no data|
|Independent Director||0.92yr||₹270.00k||no data|
|Non-Executive Independent Director||3.25yrs||₹685.00k||no data|
|Non-Executive Independent Director||5.75yrs||₹620.00k||no data|
|Non-Executive Independent Director||2.75yrs||₹620.00k||no data|
Experienced Board: IFBIND's board of directors are considered experienced (6.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
IFB Industries Limited's company bio, employee growth, exchange listings and data sources
- Name: IFB Industries Limited
- Ticker: IFBIND
- Exchange: NSEI
- Founded: 1974
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: ₹28.485b
- Shares outstanding: 40.52m
- Website: https://www.ifbindustries.com
Number of Employees
- IFB Industries Limited
- Plot No. IND-5
- Sector - I
- West Bengal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|505726||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Mar 1995|
|IFBIND||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Mar 1995|
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 dishwash ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 12:47|
|End of Day Share Price||2020/10/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.