IFB Agro Industries Ltd
- Market Cap ₹ 444 Cr.
- Current Price ₹ 474
- High / Low ₹ 585 / 411
- Stock P/E 90.4
- Book Value ₹ 588
- Dividend Yield 0.00 %
- ROCE 12.8 %
- ROE 9.39 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.81 times its book value
- Debtor days have improved from 31.6 to 15.2 days.
- Company's working capital requirements have reduced from 56.5 days to 44.8 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 6.90% over past five years.
- Company has a low return on equity of 10.9% over last 3 years.
- Earnings include an other income of Rs.16.1 Cr.
* 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.
Peer comparison
Sector: Alcoholic Beverages Industry: Breweries & Distilleries
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 | TTM | |
---|---|---|---|---|---|---|---|
893 | 945 | 986 | 702 | 1,011 | 1,247 | 942 | |
838 | 900 | 960 | 646 | 936 | 1,173 | 929 | |
Operating Profit | 55 | 45 | 26 | 55 | 75 | 73 | 12 |
OPM % | 6% | 5% | 3% | 8% | 7% | 6% | 1% |
10 | 13 | 10 | 17 | 16 | 15 | 16 | |
Interest | 3 | 3 | 2 | 0 | 1 | 2 | 2 |
Depreciation | 21 | 19 | 18 | 15 | 17 | 19 | 20 |
Profit before tax | 41 | 36 | 17 | 57 | 73 | 68 | 6 |
Tax % | 30% | 13% | -32% | 19% | 20% | 28% | |
29 | 31 | 22 | 46 | 59 | 49 | 5 | |
EPS in Rs | 30.56 | 33.48 | 23.69 | 49.51 | 62.50 | 52.45 | 5.25 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 8% |
TTM: | -25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 29% |
TTM: | -90% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 1% |
3 Years: | 5% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 11% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
Reserves | 332 | 360 | 372 | 435 | 492 | 539 | 541 |
31 | 22 | 1 | 3 | 22 | 19 | 15 | |
82 | 69 | 61 | 82 | 67 | 64 | 99 | |
Total Liabilities | 454 | 461 | 444 | 530 | 590 | 632 | 665 |
135 | 135 | 123 | 120 | 145 | 131 | 131 | |
CWIP | 6 | 2 | 4 | 11 | 2 | 7 | 24 |
Investments | 131 | 113 | 101 | 60 | 101 | 110 | 151 |
182 | 211 | 215 | 339 | 342 | 383 | 359 | |
Total Assets | 454 | 461 | 444 | 530 | 590 | 632 | 665 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
4 | 42 | 2 | 36 | 105 | 32 | |
16 | 1 | -6 | 47 | -66 | -17 | |
-15 | -15 | -22 | -0 | 19 | -7 | |
Net Cash Flow | 6 | 28 | -25 | 83 | 59 | 9 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 26 | 23 | 24 | 55 | 25 | 15 |
Inventory Days | 37 | 34 | 44 | 52 | 35 | 42 |
Days Payable | 22 | 19 | 17 | 35 | 19 | 12 |
Cash Conversion Cycle | 40 | 38 | 51 | 72 | 40 | 46 |
Working Capital Days | 33 | 32 | 50 | 81 | 44 | 45 |
ROCE % | 10% | 5% | 14% | 15% | 13% |
Documents
Announcements
- Reply In Respect Of E-Mail Dated 6Th April, 2024 From BSE Ltd. 8 Apr
- Certificate Under Regulation 40(9) Of The SEBI (LODR), Regulations, 2015 For The Year Ended 31St March, 2024. 8 Apr
- Compliance Certificate Certifying Share Transfer Facility For The Year Ended 31St March 2024 Of IFB Agro Industries Limited. 8 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018 for the quarter ended 31st March, 2024 as received from the Registrar and …
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1 Apr
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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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
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Financial Year 2011
from bse
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Financial Year 2011
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