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← CockpitCompetitor Analysis › IFBIND.NS IFB Industries LtdOpen in the cockpit ↗

IFB Industries LtdIFBIND.NSCompetitor analysis, valuation and peers

India · INR·Consumer & Retail›Electronics/Appliances
Momentum laggard 19
Mkt cap
$472M
US dollars, full cap
Free float
24%
of shares outstanding
$/day
$411,106
20-day average traded
Fwd P/E
24.3×
forward earnings
ROIC−WACC
-2.0 pp
WACC 20.0%
Hurdle
+17 pp
Req g minus delivered
Next earnings
83 days
28 Jan 2027
Close · INR₹1,102
1D-0.4%
1W+6.8%
1M-9.4%
3M-23.5%
6M-8.9%
YTD-29.4%
1Y-43.5%
ATR %4.1%
Beta1.00
52w lowhigh45.4% off high

What IFB Industries does

Employees: 4,931

IFB Industries at a glance

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).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026IFBIND.NS 93Peer median 83
Six months, rebased to 100: IFB Industries against the median of its 20 peers (local-currency closes).

IFB Industries financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
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 flown/a₹1.90B₹75.2M₹2.76B₹261M
Capital expendituren/a₹1.09B₹1.06B₹651M₹666M
Total debt₹1.67B₹1.56B₹2.50B₹1.64B₹3.53B

Quarterly statements and history in the cockpit →

IFB Industries competitor charts

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.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%-10%0%603215BOSCH-HCIL688533ORIENTELEC3004649911002981HBB6035790020353013182374679430089400200500267724896800284740000521IFBIND.NS6-month return →1-month return →
Up and to the right = strong over both horizons. IFB Industries is the large dot.

Fundamentals: revenue growth against valuation

-40%-20%0%+20%50×100×603215BOSCH-HCIL688533ORIENTELEC991100203567940026776800000521IFBIND.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. IFB Industries is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%-20%0%20%ORIENTELEC30046499110029816800284740000521IFBIND.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. IFB Industries is the large dot.

IFB Industries competitors and peer comparison

How IFB Industries compares with its peers

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.

IFB Industries against its 20 peers (data as of 6 Nov 2026)
MeasureIFBIND.NSPeer medianRank 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 margin3.4%4.3%9th lowest of 21
Forward P/E24.3×18.7×6th 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 pp2nd most demanding of 8
ROIC minus cost of capital-2.0 pp-3.4 pp10th highest of 21
EV / EBITDA12.7×8.2×4th most expensive of 10
Net debt / EBITDA-0.6×-0.5×5th least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
IFB Industries IFBIND.NSIndia$472M-9%+14%3%24.3×31.8%+14.9%
Zhejiang Biyi Electric Appliance 603215.SSChina$481M-18%+6%-1%25.3×n/an/a
Bosch Home Comfort India BOSCH-HCIL.NSIndia$489M+17%+15%1%54.6×n/an/a
Suzhou Sonavox Electronics 688533.SSChina$490M-25%+8%6%28.6×n/an/a
Orient Electric ORIENTELEC.NSIndia$451M+4%+17%5%29.0×21.9%+10.4%
Guangdong SACA Precision Manufacturing 300464.SZChina$493M-11%+5%5%n/a26.5%-23.0%
Taiwan Sakura 9911.TWTaiwan$504M-8%+6%15%9.9×-9.9%+9.2%
Risuntek 002981.SZChina$440M-13%-6%4%n/a8.0%+14.9%
Hamilton Beach Brands HBBUnited States$432M+54%-3%13%n/an/an/a
Shanghai Rongtai Health Technology 603579.SSChina$415M-37%+11%2%18.7×n/an/a
Vatti 002035.SZChina$536M-26%-13%4%13.6×n/an/a
ValueHD 301318.SZChina$412M-16%-3%6%n/an/an/a
Ability Enterprise 2374.TWTaiwan$546M-34%+65%9%n/an/an/a
Foster Electric 6794.TJapan$405M-4%0%5%12.9×n/an/a
Marssenger Kitchenware 300894.SZChina$559M-12%-41%-61%n/an/an/a
Elec-Tech International 002005.SZChina$560M-27%0%-23%n/an/an/a
Zhejiang Meida Industrial 002677.SZChina$567M-20%-42%-12%97.5×n/an/a
AmTRAN Technology 2489.TWTaiwan$569M-33%+5%1%n/an/an/a
Yokowo 6800.TJapan$390M-40%+14%7%10.6×13.4%+8.5%
Cuckoo Homesys 284740.KSSouth Korea$389M-3%+3%16%n/a-19.9%+7.3%
Changhong Meiling 000521.SZChina$582M-28%-11%-1%12.5×23.1%+14.6%

Questions

Which companies are IFB Industries's closest peers?
The cockpit's peer set: Zhejiang Biyi Electric Appliance (603215.SS), Bosch Home Comfort India (BOSCH-HCIL.NS), Suzhou Sonavox Electronics (688533.SS), Orient Electric (ORIENTELEC.NS), Guangdong SACA Precision Manufacturing (300464.SZ), Taiwan Sakura (9911.TW), Risuntek (002981.SZ), Hamilton Beach Brands (HBB).
Is IFB Industries expensive compared with its peers?
On forward p/e it trades at 24.3× against a peer median of 18.7×, 6th most expensive of 12 in its peer set. 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.
How has IFB Industries stock performed?
Over six months to 6 Nov 2026 the shares returned -8.9% against -17.1% for the median peer; over one year -43.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.