Makes home appliances and precision-engineered components. Home appliances — washing machines, air conditioners, refrigerators and related products sold to retail consumers — generated 77.7% of FY26 segment revenue at INR 4,461.23 cr. Engineering, which makes components for automotive and industrial customers (including brake discs, motorcycle chains and EV battery parts), contributed 17.6% at INR 1,007.44 cr and is the most profitable line at 11.3% segment EBIT margin versus 2.7% for home appliances. Steel (3.4% of revenue) and Motor (1.3%) are small, with Motors posting a small EBIT loss. The biggest cost is raw materials at 46.5% of revenue, with commodity and forex swings flagged as a margin headwind. New capacity includes a chain plant and an Advanced Electronics Division in Bangalore and a stamping plant planned in Gujarat. A cost-optimisation program targets INR 150 cr of savings in FY27 to neutralise residual commodity drag. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Home appliances (78%), Engineering (18%), Steel (3%), Motor (1%). Consumer-facing durables business with a higher-margin B2B engineering arm; commodity-sensitive and seasonally affected by monsoon demand for ACs.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 3,415 | 4,195 | 4,438 | 5,092 | 5,619 |
| EBITDA (ex other income) | 55 | 163 | 217 | 302 | 304 |
| margin % | 1.6 | 3.9 | 4.9 | 5.9 | 5.4 |
| Owners' profit | (48) | 15 | 50 | 119 | 144 |
| EPS, as reported (₹) | 11.89 | 3.69 | 12.43 | 29.35 | 35.43 |
| ROE % · ROCE % | (7.4) · (4.4) | 2.2 · 6.6 | 7.0 · 13.4 | 14.1 · 18.8 | 14.4 · 17.2 |
| Debt / equity (x) | 0.37 | 0.31 | 0.10 | 0.12 | 0.02 |
| Cash from operations | 51 | 106 | 351 | 118 | 299 |
| Capex | (74) | (67) | (65) | (106) | (109) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,219 | 1,270 | 1,334 | 1,338 | 1,370 | 1,413 | 1,498 | 1,585 |
| Profit before tax | 48 | 48 | 32 | 37 | 72 | 34 | 52 | 57 |
| Net profit | 31 | 31 | 19 | 26 | 51 | 24 | 43 | 43 |
| EPS (₹) | 7.76 | 7.67 | 4.66 | 6.46 | 12.53 | 5.91 | 10.53 | 10.62 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Home appliances | 4,461 | 77.7 |
| Engineering | 1,007 | 17.6 |
| Motor | 76 | 1.3 |
| Steel | 194 | 3.4 |
| Total, before eliminations | 5,739 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| LG ELECTRONICS INDIA LTD | 1,11,217 | 60.9 | 14.51 | — | 22.0 | 27.2 | — |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 19 Aug 2026 · IFB Industries Q1 FY27 transcript filed, revenue up 17% to INR 1,529 cr | investor communications | medium | — | — |
| 14 Aug 2026 · IFB Industries shares Q1 FY27 investor call audio recording | investor communications | low | — | — |
| 12 Aug 2026 · Investors call for Q1FY27 results rescheduled to 14 Aug at 5 PM | board shareholder meetings | low | — | — |
| 11 Aug 2026 · IFB Industries Q1 FY27: Revenue up 16.7%, PBDIT up 26.5%, net cash position | investor communications | medium | — | — |
| 11 Aug 2026 · IFB Industries Q1 FY27 investor call set for August 14 at 4 PM | board shareholder meetings | low | — | — |
| 10 Aug 2026 · Newspaper ad on SEBI special window for physical share demat | compliance | minimal | — | — |
| 8 Aug 2026 · Newspaper publication of Q1 FY27 results filed with exchanges | compliance | minimal | — | — |
| 6 Aug 2026 · IFB Industries reconstitutes four Board Committees | management changes | medium | — | — |
| 6 Aug 2026 · IFB Industries Q1 FY27: revenue up 17%, PAT jumps 50% | results | high | — | — |
| 4 Aug 2026 · IFB Industries: Non-Executive Director Mr. Ashok Bhandari passes away | management changes | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 13.8 |
| VOLTAS LTD | 38,538 | 85.8 | 6.02 | 45.1 | 5.8 | 9.9 | 13.8 | 7.6 |
| BLUE STAR LIMITED | 32,032 | 62.9 | 9.33 | 33.9 | 15.4 | 18.9 | 23.8 | 6.1 |
| AMBER ENTERPRISES (I) LTD | 25,552 | 265.5 | 4.40 | 27.1 | 3.9 | 5.3 | 32.1 | 6.1 |
| CROMPT GREA CON ELEC LTD | 14,874 | — | 4.33 | 107.8 | (6.7) | (2.1) | 11.0 | 11.0 |
| V-GUARD IND LTD. | 14,215 | 39.1 | 5.99 | 26.8 | 13.0 | 15.5 | 17.0 | 11.2 |
| WHIRLPOOL OF INDIA LTD | 9,683 | 38.6 | 2.33 | 13.9 | 7.1 | 8.1 | 6.4 | 7.6 |
| EUREKA FORBES LIMITED | 7,643 | 42.5 | 1.66 | 25.3 | 3.5 | 3.9 | — | 13.8 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 32.9 | 42.5 | 5 of 19 | 78% |
| P/B | 5.4 | 4.9 | 13 of 23 | 41% |
| ROCE | 15.5 | 9.4 | 8 of 24 | 70% |
| ROE | 14.4 | 7.1 | 5 of 23 | 82% |
| Debt / Equity | 0.0 | 0.0 | 9 of 23 | 64% |
| EBITDA margin | 6.0 | 7.6 | 18 of 23 | 23% |
| Revenue growth | 18.4 | 15.4 | 10 of 22 | 57% |
| Profit growth | 64.6 | 38.1 | 6 of 21 | 75% |
| Market cap | 5368 | 3977 | 10 of 24 | 61% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
