IFB Agro Industries Ltd
- Market Cap ₹ 978 Cr.
- Current Price ₹ 1,044
- High / Low ₹ 1,795 / 677
- Stock P/E 17.3
- Book Value ₹ 719
- Dividend Yield 0.00 %
- ROCE 12.5 %
- ROE 8.81 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 3.97% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 893 | 945 | 986 | 702 | 1,011 | 1,247 | 932 | 1,059 | 1,404 | |
| 838 | 900 | 960 | 646 | 936 | 1,173 | 942 | 1,022 | 1,304 | |
| Operating Profit | 55 | 45 | 26 | 55 | 75 | 73 | -10 | 37 | 100 |
| OPM % | 6% | 5% | 3% | 8% | 7% | 6% | -1% | 3% | 7% |
| 10 | 13 | 10 | 17 | 16 | 15 | 18 | 19 | 20 | |
| Interest | 3 | 3 | 2 | 0 | 1 | 2 | 2 | 1 | 5 |
| Depreciation | 21 | 19 | 18 | 15 | 17 | 19 | 21 | 19 | 35 |
| Profit before tax | 41 | 36 | 17 | 57 | 73 | 68 | -15 | 36 | 81 |
| Tax % | 30% | 13% | -32% | 19% | 20% | 28% | -46% | 38% | 30% |
| 29 | 31 | 22 | 46 | 59 | 49 | -8 | 22 | 56 | |
| EPS in Rs | 30.56 | 33.48 | 23.69 | 49.51 | 62.50 | 52.45 | -8.63 | 23.85 | 60.30 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 4% |
| TTM: | 33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 5% |
| TTM: | 154% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 17% |
| 3 Years: | 28% |
| 1 Year: | 49% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 4% |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 332 | 360 | 372 | 435 | 492 | 539 | 543 | 600 | 664 |
| 31 | 22 | 1 | 3 | 22 | 19 | 11 | 6 | 75 | |
| 82 | 69 | 61 | 82 | 67 | 64 | 72 | 102 | 124 | |
| Total Liabilities | 454 | 461 | 444 | 530 | 590 | 632 | 636 | 717 | 872 |
| 135 | 135 | 123 | 120 | 145 | 131 | 148 | 141 | 246 | |
| CWIP | 6 | 2 | 4 | 11 | 2 | 7 | 1 | 8 | 4 |
| Investments | 131 | 113 | 101 | 60 | 101 | 110 | 119 | 134 | 137 |
| 182 | 211 | 215 | 339 | 342 | 383 | 368 | 434 | 486 | |
| Total Assets | 454 | 461 | 444 | 530 | 590 | 632 | 636 | 717 | 872 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 4 | 42 | 2 | 36 | 105 | 32 | -31 | 69 | ||
| 16 | 1 | -6 | 47 | -66 | -17 | -25 | 12 | ||
| -15 | -15 | -22 | -0 | 19 | -7 | -7 | -6 | ||
| Net Cash Flow | 6 | 28 | -25 | 83 | 59 | 9 | -63 | 75 | |
| Free Cash Flow | -15 | 27 | -9 | 19 | 75 | 18 | -63 | 44 | |
| CFO/OP | 24% | 115% | 16% | 79% | 157% | 68% | 279% | 207% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 26 | 23 | 24 | 55 | 25 | 15 | 31 | 32 | 24 |
| Inventory Days | 37 | 34 | 44 | 52 | 35 | 42 | 69 | 52 | 61 |
| Days Payable | 22 | 19 | 17 | 35 | 19 | 12 | 15 | 15 | 20 |
| Cash Conversion Cycle | 40 | 38 | 51 | 72 | 40 | 46 | 85 | 69 | 66 |
| Working Capital Days | 33 | 31 | 49 | 79 | 42 | 42 | 69 | 52 | 46 |
| ROCE % | 10% | 5% | 14% | 15% | 13% | -2% | 6% | 13% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Distillery Installed Capacity KLPD ・Standalone data |
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| Extra Neutral Alcohol (ENA) Production Volume KL ・Standalone data |
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| Country Spirit Sales Volume Million Cases ・Standalone data |
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| Distillery Capacity Utilization % ・Standalone data |
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| Fish and Shrimp Feed Sales Volume MT ・Standalone data |
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| Processed Seafood Export Volume MT ・Standalone data |
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| Retail Stores (IFB Fish & Meat) Number ・Standalone data |
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| Annual Bottling Capacity Million Cases ・Standalone data |
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| Steam Consumption per KL of Spirit MT/KL ・Standalone data |
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| Steam Consumption per KL of Spirit Kgs/Kl ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Copies of newspaper publication of Audited Financial Results (Standalone & Consolidated) for the qtr and year ended 31st March, 2026.
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Update In Policy
2d - Board approved revised Related Party Transactions Policy on 28 May 2026.
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Disclosure Under Regulation 33 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations. 2015.
2d - IFB Agro announced audited standalone and consolidated results for year ended 31 March 2026; auditors issued unmodified opinion.
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Announcement under Regulation 30 (LODR)-Change in Directorate
2d - IFB Agro appoints Rahul Choudhary as Executive Director-Finance/CFO for 5 years and Santanu Ghosh as Executive Director-Operations for 3 years.
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Disclosure Under Regulation 33 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations. 2015
2d - Board approved FY2026 audited standalone and consolidated results on 28 May 2026; auditors issued unmodified opinion.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
from bse
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Financial Year 2017
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Financial Year 2016
from bse
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
Business Overview:[1]
IFBAL is in the business of manufacturing alcohol, bottling of branded alcoholic beverages, processed marine foods for domestic and export markets and sale of feed