IFB Industries Limited

NSEI:IFBIND Stock Report

Market Cap: ₹45.2b

IFB Industries Management

Management criteria checks 3/4

IFB Industries' CEO is Bikram Nag, appointed in Oct 2008, has a tenure of 17.5 years. total yearly compensation is ₹18.43M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth ₹3.35M. The average tenure of the management team and the board of directors is 2.6 years and 5.3 years respectively.

Key information

Bikram Nag

Chief executive officer

₹18.4m

Total compensation

CEO salary percentage100.00%
CEO tenure17.5yrs
CEO ownership0.007%
Management average tenure2.6yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

IFB Industries (NSE:IFBIND) Is Doing The Right Things To Multiply Its Share Price

Jan 10
IFB Industries (NSE:IFBIND) Is Doing The Right Things To Multiply Its Share Price

IFB Industries Limited's (NSE:IFBIND) Price In Tune With Earnings

Dec 09
IFB Industries Limited's (NSE:IFBIND) Price In Tune With Earnings

Here's Why We Think IFB Industries (NSE:IFBIND) Might Deserve Your Attention Today

Nov 06
Here's Why We Think IFB Industries (NSE:IFBIND) Might Deserve Your Attention Today

We Think IFB Industries (NSE:IFBIND) Can Manage Its Debt With Ease

Sep 23
We Think IFB Industries (NSE:IFBIND) Can Manage Its Debt With Ease

IFB Industries' (NSE:IFBIND) Promising Earnings May Rest On Soft Foundations

Jul 15
IFB Industries' (NSE:IFBIND) Promising Earnings May Rest On Soft Foundations

Investors Appear Satisfied With IFB Industries Limited's (NSE:IFBIND) Prospects As Shares Rocket 29%

Jun 11
Investors Appear Satisfied With IFB Industries Limited's (NSE:IFBIND) Prospects As Shares Rocket 29%

We Think IFB Industries (NSE:IFBIND) Can Manage Its Debt With Ease

Apr 08
We Think IFB Industries (NSE:IFBIND) Can Manage Its Debt With Ease
User avatar

Cost Reductions And New Air Conditioners And Washing Machines Will Improve Future Margins

Significant cost reduction initiatives are expected to enhance net margins and earnings as efficiencies develop.

Should You Think About Buying IFB Industries Limited (NSE:IFBIND) Now?

Mar 03
Should You Think About Buying IFB Industries Limited (NSE:IFBIND) Now?

We Like These Underlying Return On Capital Trends At IFB Industries (NSE:IFBIND)

Feb 16
We Like These Underlying Return On Capital Trends At IFB Industries (NSE:IFBIND)

IFB Industries Limited's (NSE:IFBIND) Share Price Is Still Matching Investor Opinion Despite 28% Slump

Jan 31
IFB Industries Limited's (NSE:IFBIND) Share Price Is Still Matching Investor Opinion Despite 28% Slump

Is Now The Time To Look At Buying IFB Industries Limited (NSE:IFBIND)?

Nov 29
Is Now The Time To Look At Buying IFB Industries Limited (NSE:IFBIND)?

IFB Industries Limited's (NSE:IFBIND) Share Price Is Matching Sentiment Around Its Revenues

Nov 14
IFB Industries Limited's (NSE:IFBIND) Share Price Is Matching Sentiment Around Its Revenues

IFB Industries Limited (NSE:IFBIND) Surges 32% Yet Its Low P/S Is No Reason For Excitement

Aug 11
IFB Industries Limited (NSE:IFBIND) Surges 32% Yet Its Low P/S Is No Reason For Excitement

We Think The Compensation For IFB Industries Limited's (NSE:IFBIND) CEO Looks About Right

Jul 22
We Think The Compensation For IFB Industries Limited's (NSE:IFBIND) CEO Looks About Right

These 4 Measures Indicate That IFB Industries (NSE:IFBIND) Is Using Debt Safely

Jul 20
These 4 Measures Indicate That IFB Industries (NSE:IFBIND) Is Using Debt Safely

IFB Industries' (NSE:IFBIND) Performance Is Even Better Than Its Earnings Suggest

Jun 06
IFB Industries' (NSE:IFBIND) Performance Is Even Better Than Its Earnings Suggest

IFB Industries Limited's (NSE:IFBIND) 28% Dip In Price Shows Sentiment Is Matching Revenues

Jun 05
IFB Industries Limited's (NSE:IFBIND) 28% Dip In Price Shows Sentiment Is Matching Revenues

Here's What's Concerning About IFB Industries' (NSE:IFBIND) Returns On Capital

Apr 25
Here's What's Concerning About IFB Industries' (NSE:IFBIND) Returns On Capital

IFB Industries (NSE:IFBIND) Seems To Use Debt Rather Sparingly

Mar 29
IFB Industries (NSE:IFBIND) Seems To Use Debt Rather Sparingly

IFB Industries Limited's (NSE:IFBIND) Price Is Right But Growth Is Lacking After Shares Rocket 33%

Jan 26
IFB Industries Limited's (NSE:IFBIND) Price Is Right But Growth Is Lacking After Shares Rocket 33%

Does IFB Industries (NSE:IFBIND) Have A Healthy Balance Sheet?

Nov 13
Does IFB Industries (NSE:IFBIND) Have A Healthy Balance Sheet?

Capital Allocation Trends At IFB Industries (NSE:IFBIND) Aren't Ideal

Mar 30
Capital Allocation Trends At IFB Industries (NSE:IFBIND) Aren't Ideal

IFB Industries (NSE:IFBIND) Will Be Hoping To Turn Its Returns On Capital Around

Sep 28
IFB Industries (NSE:IFBIND) Will Be Hoping To Turn Its Returns On Capital Around

Is Now The Time To Look At Buying IFB Industries Limited (NSE:IFBIND)?

Aug 03
Is Now The Time To Look At Buying IFB Industries Limited (NSE:IFBIND)?

CEO Compensation Analysis

How has Bikram Nag's remuneration changed compared to IFB Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

₹1b

Sep 30 2025n/an/a

₹1b

Jun 30 2025n/an/a

₹1b

Mar 31 2025₹18m₹18m

₹1b

Dec 31 2024n/an/a

₹1b

Sep 30 2024n/an/a

₹984m

Jun 30 2024n/an/a

₹885m

Mar 31 2024₹6m₹6m

₹504m

Dec 31 2023n/an/a

₹284m

Sep 30 2023n/an/a

₹98m

Jun 30 2023n/an/a

₹124m

Mar 31 2023₹5m₹5m

₹149m

Dec 31 2022n/an/a

-₹34m

Sep 30 2022n/an/a

-₹55m

Jun 30 2022n/an/a

-₹50m

Mar 31 2022₹7m₹7m

-₹482m

Dec 31 2021n/an/a

-₹122m

Sep 30 2021n/an/a

₹597m

Jun 30 2021n/an/a

₹670m

Mar 31 2021₹9m₹9m

₹641m

Dec 31 2020n/an/a

₹360m

Sep 30 2020n/an/a

-₹178m

Jun 30 2020n/an/a

-₹276m

Mar 31 2020₹9m₹9m

₹274m

Compensation vs Market: Bikram's total compensation ($USD199.07K) is about average for companies of similar size in the Indian market ($USD266.19K).

Compensation vs Earnings: Bikram's compensation has increased by more than 20% in the past year.

CEO

Bikram Nag (52 yo)

17.5yrs
Tenure
₹18,428,579
Compensation

Mr. Bikramjit Nag, also known as Bikram, is MD of IFB Industries Limited from October 31, 2008 and serves as its Chairman from 2024 and served as its Executive Chairman from February 1, 2024 until 2024 and...

Leadership Team

NamePositionTenureCompensationOwnership
Bikramjit Nag
Chairman & MD17.5yrs₹18.43m0.0074%
₹ 3.3m
Soumitra Goswami
Chief Financial Officer2yrs₹10.69mno data
Goutam Chowdhury
Senior Vice-President of Legalno data₹10.50m0.045%
₹ 20.4m
Amitabha Nag
Senior Presidentno data₹19.66mno data
Amar Negi
Executive Director - Service Business Head & Directorno data₹13.94m0.050%
₹ 22.5m
Arup Das
Presidentno data₹11.11m0.0090%
₹ 4.1m
Rajan Rahi
Vice Presidentno data₹13.41mno data
Collegal Govindaraj
Executive Director of Manufacturingno data₹15.02mno data
Panamanna Narayanan
Executive Director2.4yrs₹13.40mno data
Varun Babar
Assistant GM & Head Marketing Finance and Accountsno datano datano data
Rajat Paul
VP & IT Headno datano datano data
Ritesh Agarwal
Company Secretary2.8yrsno datano data
2.6yrs
Average Tenure
63yo
Average Age

Experienced Management: IFBIND's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Bikramjit Nag
Chairman & MD17.5yrs₹18.43m0.0074%
₹ 3.3m
Amar Negi
Executive Director - Service Business Head & Director5.5yrs₹13.94m0.050%
₹ 22.5m
Collegal Govindaraj
Executive Director of Manufacturing1.5yrs₹15.02mno data
Panamanna Narayanan
Executive Director2.4yrs₹13.40mno data
Shantanu Chakraborty
GM, Plant Head of Fine Blanking Kolkata & Independent Directorless than a yearno datano data
Sudip Banerjee
Non-Executive Director14yrs₹890.00kno data
Saurav Adhikari
Independent Directorless than a yearno datano data
Desh Dogra
Non-Executive Independent Director5.2yrs₹720.00kno data
Ashok Bhandari
Non-Executive Independent Director8.3yrs₹1.29mno data
Chacko Joseph
Non-Executive Independent Director6.4yrs₹1.05m0.00049%
₹ 221.6k
Ashok Bhandari
Non-Executive Independent Director8.3yrsno datano data
Sreedevi Pillai
Independent Woman Director1.3yrs₹130.00kno data
5.3yrs
Average Tenure
65yo
Average Age

Experienced Board: IFBIND's board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/19 05:47
End of Day Share Price 2026/04/17 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IFB Industries Limited is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vijayaraghavan SwaminathanAvendus Spark
Chirag MuchhalaCentrum Broking Limited
Manoj GoriEquirus Securities Private Limited