Employees: 4,931
Size IFB Industries (IFBIND.NS) is an India Consumer Discretionary company (Electronics/Appliances) with a market value of $472M, the 865th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,102 on 6 Nov 2026.
Performance Over six months the shares fell 8.9%, against -17.1% for the median peer and 0.0% for the India market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 14.3% over the last twelve months (peer median +4.0%); the operating margin is 3.4% (peer median 4.3%).
Valuation It trades at 24.3× forward earnings against a peer median of 18.7× (6th most expensive of 12).
Price implies For today's price to make sense, revenue must grow about 32% a year for seven years (Req g). Recent delivered growth is +15%, so the hurdle is +17 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.0 points below its cost of capital (20.0% WACC).
Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹60.7B | ₹56.0B | ₹50.9B | ₹44.4B | ₹41.9B |
| Revenue growth | — | +10% | +15% | +6% | — |
| Gross profit | ₹17.0B | ₹10.4B | ₹9.19B | ₹8.30B | ₹7.21B |
| EBITDA | ₹3.35B | ₹3.08B | ₹3.01B | ₹2.21B | ₹1.69B |
| Net income | ₹1.48B | ₹1.44B | ₹1.19B | ₹504M | ₹149M |
| Free cash flow | n/a | ₹1.90B | ₹75.2M | ₹2.76B | ₹261M |
| Capital expenditure | n/a | ₹1.09B | ₹1.06B | ₹651M | ₹666M |
| Total debt | ₹1.67B | ₹1.56B | ₹2.50B | ₹1.64B | ₹3.53B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | IFBIND.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -9.4% | -7.3% | 9th lowest of 21 |
| 6-month return | -8.9% | -17.1% | 7th highest of 21 |
| Distance from 52-week high | -45.4% | -36.4% | 4th lowest of 21 |
| Revenue growth (TTM) | +14.3% | +4.0% | 5th highest of 21 |
| Operating margin | 3.4% | 4.3% | 9th lowest of 21 |
| Forward P/E | 24.3× | 18.7× | 6th most expensive of 12 |
| Growth the price implies (Req g, 7 yrs) | 31.8% | 13.4% | most demanding of 8 |
| Growth delivered (Del g) | +14.9% | +9.2% | 2nd highest of 8 |
| Hurdle (Req g minus delivered) | +16.9 pp | +4.9 pp | 2nd most demanding of 8 |
| ROIC minus cost of capital | -2.0 pp | -3.4 pp | 10th highest of 21 |
| EV / EBITDA | 12.7× | 8.2× | 4th most expensive of 10 |
| Net debt / EBITDA | -0.6× | -0.5× | 5th least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| IFB Industries IFBIND.NS | India | $472M | -9% | +14% | 3% | 24.3× | 31.8% | +14.9% |
| Zhejiang Biyi Electric Appliance 603215.SS | China | $481M | -18% | +6% | -1% | 25.3× | n/a | n/a |
| Bosch Home Comfort India BOSCH-HCIL.NS | India | $489M | +17% | +15% | 1% | 54.6× | n/a | n/a |
| Suzhou Sonavox Electronics 688533.SS | China | $490M | -25% | +8% | 6% | 28.6× | n/a | n/a |
| Orient Electric ORIENTELEC.NS | India | $451M | +4% | +17% | 5% | 29.0× | 21.9% | +10.4% |
| Guangdong SACA Precision Manufacturing 300464.SZ | China | $493M | -11% | +5% | 5% | n/a | 26.5% | -23.0% |
| Taiwan Sakura 9911.TW | Taiwan | $504M | -8% | +6% | 15% | 9.9× | -9.9% | +9.2% |
| Risuntek 002981.SZ | China | $440M | -13% | -6% | 4% | n/a | 8.0% | +14.9% |
| Hamilton Beach Brands HBB | United States | $432M | +54% | -3% | 13% | n/a | n/a | n/a |
| Shanghai Rongtai Health Technology 603579.SS | China | $415M | -37% | +11% | 2% | 18.7× | n/a | n/a |
| Vatti 002035.SZ | China | $536M | -26% | -13% | 4% | 13.6× | n/a | n/a |
| ValueHD 301318.SZ | China | $412M | -16% | -3% | 6% | n/a | n/a | n/a |
| Ability Enterprise 2374.TW | Taiwan | $546M | -34% | +65% | 9% | n/a | n/a | n/a |
| Foster Electric 6794.T | Japan | $405M | -4% | 0% | 5% | 12.9× | n/a | n/a |
| Marssenger Kitchenware 300894.SZ | China | $559M | -12% | -41% | -61% | n/a | n/a | n/a |
| Elec-Tech International 002005.SZ | China | $560M | -27% | 0% | -23% | n/a | n/a | n/a |
| Zhejiang Meida Industrial 002677.SZ | China | $567M | -20% | -42% | -12% | 97.5× | n/a | n/a |
| AmTRAN Technology 2489.TW | Taiwan | $569M | -33% | +5% | 1% | n/a | n/a | n/a |
| Yokowo 6800.T | Japan | $390M | -40% | +14% | 7% | 10.6× | 13.4% | +8.5% |
| Cuckoo Homesys 284740.KS | South Korea | $389M | -3% | +3% | 16% | n/a | -19.9% | +7.3% |
| Changhong Meiling 000521.SZ | China | $582M | -28% | -11% | -1% | 12.5× | 23.1% | +14.6% |