NSEI:IFBIND

Stock Analysis Report

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Executive Summary

IFB Industries Limited, together with its subsidiaries, manufactures and trades in home appliances primarily in India. More Details


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.


Similar Companies

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.


Market Performance


7 Day Return

11.7%

IFBIND

0.5%

IN Consumer Durables

-0.6%

IN Market


1 Year Return

8.2%

IFBIND

5.4%

IN Consumer Durables

2.2%

IN Market

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.


Shareholder returns

IFBINDIndustryMarket
7 Day11.7%0.5%-0.6%
30 Day15.5%-2.5%0.2%
90 Day92.3%5.9%6.7%
1 Year8.2%8.2%5.9%5.4%3.9%2.2%
3 Year-19.2%-19.2%7.0%5.5%2.6%-2.4%
5 Year40.5%40.5%54.4%50.6%41.3%30.8%

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

Valuation

Is IFB Industries undervalued compared to its fair value and its price relative to the market?

4.58x

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).


Next Steps

Future Growth

How is IFB Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

39.2%

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.


Next Steps

Past Performance

How has IFB Industries performed over the past 5 years?

2.6%

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.


Next Steps

Financial Health

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.


Balance Sheet


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.6yrs

Average board tenure


CEO

Bikram Nag (47 yo)

12yrs

Tenure

₹9,394,600

Compensation

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.


Board Members

NamePositionTenureCompensationOwnership
Bijon Nag
Executive Chairmanno data₹16.32m0.39%
₹ 111.0m
Bikramjit Nag
Joint Executive Chairman & MD12yrs₹9.39m0.0074%
₹ 2.1m
Prabir Chatterjee
CFO & Executive Director7.5yrs₹9.23m0.046%
₹ 13.1m
Sudip Banerjee
Non-Executive Director8.5yrs₹490.00kno data
Rathindra Mitra
Non-Executive Independent Director17.33yrs₹875.00kno data
Chacko Joseph
Independent Director0.92yr₹270.00kno data
Rahul Choudhuri
Non-Executive Independent Director3.25yrs₹685.00kno data
Sangeeta Sumesh
Non-Executive Independent Director5.75yrs₹620.00kno data
Ashok Bhandari
Non-Executive Independent Director2.75yrs₹620.00kno data

6.6yrs

Average Tenure

63yo

Average Age

Experienced Board: IFBIND's board of directors are considered experienced (6.6 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

IFB Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • IFB Industries Limited
  • Plot No. IND-5
  • Sector - I
  • Kolkata
  • West Bengal
  • 700107
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
505726BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 1995
IFBINDNSEI (National Stock Exchange of India)YesEquity SharesININRMar 1995

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 12:47
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.