IFB Q2 FY27: revenue up 14%, margins hit by costs and forex

Management guided margin pressureOrder pipeline disclosedMulti-year targets disclosedInvestor Communications View source PDF Explain this filing

IFBIND · price

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Price reactionminutes from the announcement price · days from the prior close

+1.2%Reaction day

₹1043.00

prior close

₹1055.90

announcement price

In-mkt

timing

Nifty Microcap 250market+1.4%-0.2% vs market

Household Appliances peers, median of 22sector+0.9%+0.3% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.3 pts more than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

+1.5+1.7-0.2+1.8-0.3

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+5.5pendingpending+4.6+0.9

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UpDownMarket · Nifty Microcap 250Sector · Household Appliances peers, median of 22Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Q2 FY27 revenue rose 14% to Rs 1,512.54 crore, but PBDIT fell 11.3% to Rs 90.92 crore and margin slipped to 6.01% from 7.73% on high material costs and adverse forex. PAT fell 20.5% to Rs 39.56 crore; half-year revenue grew 15.3% and PAT 3.3%. Engineering sales rose 24%, with Rs 220 crore of orders and Rs 274 crore of quotations pending. Commercial appliances target 3 times revenue in three years. Net cash was Rs 342.66 crore.

Likely market impact

Revenue growth is offset by margin pressure from costs and forex. Engineering orders and net cash offer support, but profit growth looks weak.