IFB Industries Limited

NSEI:IFBIND Stock Report

Market Cap: ₹55.9b

IFB Industries Past Earnings Performance

Past criteria checks 4/6

IFB Industries has been growing earnings at an average annual rate of 42.2%, while the Consumer Durables industry saw earnings growing at 11.4% annually. Revenues have been growing at an average rate of 11.8% per year. IFB Industries's return on equity is 14.4%, and it has net margins of 2.6%.

Key information

42.15%

Earnings growth rate

42.15%

EPS growth rate

Consumer Durables Industry Growth18.90%
Revenue growth rate11.82%
Return on equity14.43%
Net Margin2.55%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Jun 26

IFBIND: Upcoming Results And Board Changes Will Support Future Upside Potential

Analysts have reduced their price target on IFB Industries from ₹1,907.67 to ₹1,478.00, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News for IFB Industries IFB Industries has scheduled a Board Meeting on May 25, 2026, to consider and approve the audited financial results, both standalone and consolidated, for the quarter and financial year ended March 31, 2026.
Analysis Article May 28

Is Now The Time To Put IFB Industries (NSE:IFBIND) On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update Feb 05

IFBIND: Stable Fair Value And Upcoming Results Will Support Upside Potential

Analysts have kept their fair value estimate for IFB Industries steady at ₹1,907.67 per share, with the unchanged target reflecting a balance between slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E. What's in the News The board meeting was held on January 24, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Key Developments).
Narrative Update Jan 22

IFBIND: Steady Assumptions And Upcoming Results Will Support Future Upside Potential

Analysts have kept their fair value estimate for IFB Industries broadly unchanged at ₹1,907.67, citing only small tweaks to assumptions for discount rate, revenue growth, profit margin and future P/E as the basis for maintaining a steady price target view. What's in the News IFB Industries has scheduled a board meeting on 24 Jan 2026 to consider and approve unaudited standalone financial results for the quarter and nine months ended 31 Dec 2025 (company filing).
Analysis Article Jan 10

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

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Narrative Update Jan 07

IFBIND: Stable Assumptions And Upcoming Results Will Support Future Upside Potential

Analysts have kept their fair value estimate for IFB Industries steady at ₹1,907.67 per share, citing only minor tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions, rather than any major shift in the underlying outlook. What's in the News Board meeting scheduled for Oct 30, 2025 to consider and approve the unaudited financial results for the quarter and half year ended Sep 30, 2025 (company filing).
Narrative Update Dec 21

IFBIND: European Expansion Plan Will Support Future Upside Potential

Analysts have marginally revised their price target for IFB Industries to remain effectively unchanged at ₹1,907.67 per share, citing only slight adjustments to the discount rate and long term valuation assumptions rather than any material shift in growth or profitability expectations. What's in the News A board meeting is scheduled for September 24, 2025, to review a proposal for wholly owned subsidiary Global Automotive and Appliances Pte Limited, Singapore, to invest in and set up a facility in Europe to strengthen design and tooling capabilities in the engineering business (company filing).
Analysis Article Dec 09

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

IFB Industries Limited's ( NSE:IFBIND ) price-to-earnings (or "P/E") ratio of 49x might make it look like a strong sell...
Narrative Update Dec 07

IFBIND: European Expansion And Higher Multiple Will Drive Future Upside

Analysts have modestly raised their price target on IFB Industries from ₹1,824 to ₹1,908, citing a higher expected future valuation multiple. This more than offsets slightly softer assumptions for revenue growth and profit margins.
Narrative Update Nov 23

IFBIND: Future Margin Improvement And Europe Plans Will Offset Higher Discount Rate

Narrative Update on IFB Industries: Analyst Price Target Revision Analysts have increased their fair value estimate for IFB Industries from ₹1,548 to ₹1,824, citing upward revisions in projected revenue growth and profit margin forecasts. What's in the News A board meeting is scheduled for October 30, 2025 to consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2025 (Board Meeting).
Narrative Update Nov 08

IFBIND: Profit Margins Are Expected To Weaken Amid Higher Discount Rate

Analysts have modestly adjusted their price target for IFB Industries, keeping it at ₹1,547.67 per share. Updated forecasts indicate slight shifts in revenue growth, discount rate, and profit margin expectations.
Analysis Article Nov 06

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

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Narrative Update Oct 25

European Expansion And Financial Stability Will Influence Future Sector Dynamics

Narrative Update on IFB Industries Analysts have maintained their fair value estimate for IFB Industries at ₹1,547.67, citing minor adjustments to underlying assumptions but no substantial change in outlook to justify a new price target. What's in the News IFB Industries will hold a board meeting on October 30, 2025, to consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2025 (Key Developments).
Narrative Update Oct 11

Cost Savings And Appliance Upgrades Will Shape Future Markets

Analysts have raised their price target for IFB Industries from ₹1,450 to approximately ₹1,548, citing updated fair value calculations and a slight adjustment in discount rates as key drivers for their revision. What's in the News The Board of IFB Industries is scheduled to meet on September 24, 2025, to discuss and approve the establishment of a wholly owned subsidiary, Global Automotive and Appliances Pte Limited, Singapore.
Analysis Article Sep 23

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

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Narrative Update Aug 23

Cost Savings And Appliance Upgrades Will Shape Future Markets

The downward revision in IFB Industries’ price target reflects reduced analyst expectations, as both net profit margin and revenue growth forecasts have declined, prompting the consensus target to be lowered from ₹1548 to ₹1450. What's in the News The Board of IFB Industries will meet on July 29 to consider unaudited financial results for the quarter ended June 30, 2025, among other matters.
Analysis Article Jul 15

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

IFB Industries Limited ( NSE:IFBIND ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Analysis Article Jun 11

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

IFB Industries Limited ( NSE:IFBIND ) shares have continued their recent momentum with a 29% gain in the last month...
Analysis Article Apr 08

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
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New Narrative Mar 16

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.
Analysis Article Mar 03

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

IFB Industries Limited ( NSE:IFBIND ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Feb 16

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

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Analysis Article Jan 31

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

IFB Industries Limited ( NSE:IFBIND ) shareholders won't be pleased to see that the share price has had a very rough...
Analysis Article Nov 29

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

IFB Industries Limited ( NSE:IFBIND ), is not the largest company out there, but it saw a double-digit share price rise...
Analysis Article Nov 14

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

You may think that with a price-to-sales (or "P/S") ratio of 1.3x IFB Industries Limited ( NSE:IFBIND ) is a stock...
Analysis Article Aug 11

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

IFB Industries Limited ( NSE:IFBIND ) shares have continued their recent momentum with a 32% gain in the last month...
Analysis Article Jul 22

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

Key Insights IFB Industries will host its Annual General Meeting on 29th of July Salary of ₹6.07m is part of CEO Bikram...
Analysis Article Jul 20

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

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 06

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

IFB Industries Limited's ( NSE:IFBIND ) earnings announcement last week was disappointing for investors, despite the...
Analysis Article Jun 05

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

IFB Industries Limited ( NSE:IFBIND ) shareholders won't be pleased to see that the share price has had a very rough...
Analysis Article Apr 25

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

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Analysis Article Mar 29

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Jan 26

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

IFB Industries Limited ( NSE:IFBIND ) shares have continued their recent momentum with a 33% gain in the last month...
Analysis Article Nov 13

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Revenue & Expenses Breakdown

How IFB Industries makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:IFBIND Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2656,1951,4367,5510
31 Dec 2554,5501,1987,2730
30 Sep 2553,1201,2697,3000
30 Jun 2551,6091,0757,3050
31 Mar 2550,9171,1897,3070
31 Dec 2448,4821,1207,4970
30 Sep 2447,3959847,5650
30 Jun 2446,2118857,5330
31 Mar 2444,3785047,4970
31 Dec 2343,5782843,7370
30 Sep 2341,961987,0100
30 Jun 2342,1351246,9060
31 Mar 2341,9501496,8070
31 Dec 2240,853-346,4560
30 Sep 2240,392-556,3190
30 Jun 2239,107-506,2560
31 Mar 2234,154-4826,1960
31 Dec 2133,401-1225,3580
30 Sep 2133,3805975,2280
30 Jun 2130,8556705,0700
31 Mar 2128,0086414,8160
31 Dec 2024,8263604,9330
30 Sep 2022,509-1784,8710
30 Jun 2022,268-2762,9200
31 Mar 2026,3702744,8870
31 Dec 1927,8505244,5410
30 Sep 1927,6605614,7040
30 Jun 1927,4086884,5410
31 Mar 1926,5717304,5410
31 Dec 1825,4308784,0750
30 Sep 1823,9318693,9780
30 Jun 1823,2898823,8510
31 Mar 1822,2058103,7440
31 Dec 1720,8975943,2710
30 Sep 1719,9865763,1050
30 Jun 1718,4864533,2980
31 Mar 1717,5845332,7770
31 Dec 1616,5835332,6080
30 Sep 1616,1634422,6080
30 Jun 1615,4483572,6080
31 Mar 1614,7863142,6080
31 Dec 1514,3572752,0270
30 Sep 1513,5333682,0270

Quality Earnings: IFBIND has high quality earnings.

Growing Profit Margin: IFBIND's current net profit margins (2.6%) are higher than last year (2.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: IFBIND's earnings have grown significantly by 42.2% per year over the past 5 years.

Accelerating Growth: IFBIND's earnings growth over the past year (20.7%) is below its 5-year average (42.2% per year).

Earnings vs Industry: IFBIND earnings growth over the past year (20.7%) exceeded the Consumer Durables industry 11.4%.


Return on Equity

High ROE: IFBIND's Return on Equity (14.4%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/10 11:51
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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