IFB Industries Limited has informed the Exchange about Transcript
IFBIND · price
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Awaiting price reaction for this filing.
IFB Industries posted FY25 revenue of Rs. 4,977 crores, up 14% YoY, with PAT rising 87% to Rs. 129 crores. Q4 revenue grew 23% to Rs. 1,312 crores and PAT grew 57% to Rs. 22 crores. Management, working with Alvarez & Marsal, has launched a cost reduction program targeting minimum Rs. 200 crores in material cost savings (with internal expectations of Rs. 350 crores+ across all heads), of which Rs. 70-80 crores should flow into FY26 P&L. Fixed cost reduction of Rs. 6 crores per month is targeted starting end of Q2 FY26. AC segment turned EBITDA positive in FY25 at ~1.7%, with the chairman guiding for 5%+ AC EBITDA going forward, and refrigerator also turned EBITDA positive. The AC business did 4 lakh units in FY25 and IFB retail stores are being expanded from ~500 to 700-750 by FY26 end. Management reiterated its internal target of double-digit EBITDA margin but declined to give specific near-term guidance.
Positive for sentiment as cost-saving program with Alvarez & Marsal, margin improvement trajectory in AC and refrigerator segments, and double-digit EBITDA target signal focus on profitability. However, repeated reluctance to give specific volume or margin guidance may limit near-term analyst conviction.