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IFB Agro Industries Ltd (IFBAGRO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 507438 NSE: IFBAGRO Breweries & Distilleries | Small Cap | IFB Agro Industries Share Price

₹906.85 6.80 (0.76%)

As on 29-Jun'26 16:59

IFB Agro Industries Ltd (IFBAGRO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 507438 NSE: IFBAGRO Breweries & Distilleries | Small Cap | IFB Agro Industries Share Price

₹906.85 6.80 (0.76%)

As on 29-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹849 Cr.
Current Price
₹906.9
52-Week Low / High
₹677 / 1,795
TTM EPS
₹65
TTM Sales
₹1,912 Cr.
Book Value per Share
₹727
P/E Ratio
13.95
Higher than its 5-year historical median
Industry PE
57.5
Price to Book (P/B)
1.25
Higher than its 5-year historical median
Price to Sales (P/S)
0.44
Higher than its 5-year historical median
EV/EBITDA
5.93
In line with its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
4.37%
Underperforms industry median
Return on Capital Employed (ROCE)
6.80%
Underperforms industry median
Return on Assets (ROA)
3.28%
Operating Profit Margin
3.8%
Net Profit Margin
2.4%
Gross Profit Margin
3.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
13.91%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
65.00%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹672 Cr.
Equity
₹9.4 Cr.
Face Value
₹10
All Time Low / High
₹1.65 / 1795.00

IFB Agro Industries stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is IFB Agro Industries Ltd a good quality company?
IFB Agro Industries Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does IFB Agro Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of IFB Agro Industries Ltd vs industry peers?
IFB Agro Industries Ltd revenue CAGR is 1.93%, compared to the industry median CAGR of 15.31%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of IFB Agro Industries Ltd?
Promoters hold 65.00% of the IFB Agro Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of IFB Agro Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 8.7% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
IFB Agro Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 14.4%13.3%12.9%10.6%5.1%13.8%14.1%13.1%-3%6.8%-
Value Creation
Index
0.0-0.1-0.1-0.2-0.60.00.0-0.1-1.2-0.5-

Growth Parameters

Sales 6218408899259636941,0101,2469301,0591,912
Sales YoY Gr.-35.2%5.9%4%4.1%-27.9%45.6%23.4%-25.4%13.9%-
Adj EPS 29.130.430.735.522.14656.450.9-13.426.965
YoY Gr.-4.3%1.1%15.7%-37.7%108.1%22.5%-9.8%-126.4%NA-
BVPS (₹) 267.9323.9367.6399.7413.5481.4536.6589.1590.3654727
Adj Net
Profit
27.328.428.733.320.743.152.847.6-12.625.261
Cash Flow from Ops. 36.149.4745.70.738.210734.2-30.671.8-
Debt/CF from Ops. 1.40.94.50.4000.20.4-0.30.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 6.1%1.9%1.6%13.9%
Adj EPS -0.9%4%-21.9%NA
BVPS10.4%9.6%6.8%10.8%
Share Price 8.6% 10% 19.9% 19.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
11.510.38.99.35.410.311.19-2.34.39.4
Op. Profit
Mgn %
8.56.16.55.42.98.27.66.1-13.85.5
Net Profit
Mgn %
4.43.43.23.62.26.25.23.8-1.42.43.2
Debt to
Equity
0.20.10.10.10000000.1
Working Cap
Days
4636343434463345748344
Cash Conv.
Cycle
201411101311823353731

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales6218408899259636941,0101,2469301,059
Operating Expenses + 5697898318789366379331,1729391,019
Manufacturing Costs421221398590679113110897
Material Costs452580584673710458678866633754
Employee Cost 31373844484453605955
Other Costs 445070768868111115139113
Operating Profit 5251584726567775-941
Operating Profit Margin (%) 8.4%6.0%6.5%5.1%2.7%8.1%7.6%6.0%-1.0%3.8%
Other Income + 7131013111615151819
Exceptional Items 000000-70-40
Interest 1233201221
Depreciation 22202119181517192119
Profit Before Tax 3641443818586870-1839
Tax 78125-5111519-714
Profit After Tax 2933323323475351-1125
PAT Margin (%) 4.7%3.9%3.6%3.6%2.4%6.8%5.3%4.1%-1.2%2.4%
Adjusted EPS (₹)31.334.933.735.525.050.256.954.4-12.227.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of IFB Agro Industries - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 251303344374387451503552553613
Share Capital 9999999999
Reserves 242294335365378442493543544603
Debt +433119000151050
Long Term Debt433119000151050
Short Term Debt0000000000
Minority Interest0000000000
Trade Payables23303834334336282730
Others Liabilities 4950555227383642145181
Total Liabilities 367414457461447532590631730824

Fixed Assets

Net Fixed Assets +150141135135123119145131148138
Gross Block261161176193197209251256292300
Accumulated Depreciation1112041587489106124144162
CWIP 02624112718
Investments 9114613511810665101110122141
Inventories44436565886765100121107
Trade Receivables394263546510468528091
Cash Equivalents flag 1415154619104162173109187
Others Assets 2926384142624657150151
Total Assets 367414457461447532590631730824

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 364974613810734-3172
PBT 3641443818586870-1839
Adjustment 2211191728817111710
Changes in Working Capital -126-481-44-2034-29-2730
Tax Paid -10-9-9-10-2-7-13-17-2-7
Cash Flow From Investing Activity + -129-4713-0-647-68-17-3312
Capex -44-20-20-15-12-17-30-14-32-23
Net Investments -85-283515563-36-31238
Others 01-2-110-20-13-4
Cash Flow From Financing Activity + 49-8-15-15-22-019-7-7-6
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 49-6-12-12-20020-5-5-5
Interest Paid -1-2-3-3-2-0-0-2-1-1
Dividend Paid 0000000000
Others 0-0-00-0-0-0-0-0-0
Net Cash Flow -44-5530-27855811-7078

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)12.4111.799.759.246.1611.2111.189.67-2.074.37
ROCE (%)14.3613.2912.8510.625.0713.8114.0813.12-2.986.8
Asset Turnover Ratio2.652.993.443.774.163.464.062.572.021.98
PAT to CFO Conversion(x)1.241.480.221.390.040.812.020.67N/A2.88
Working Capital Days
Receivable Days1412.6012.8012.3011.5018.2013.8013.9017.5020.30
Inventory Days18.9013.6013.2013.8014.9016.7010.6019.2029.2027
Payable Days16.2016.7021.3019.6017.2030.4021.4013.5015.8013.80

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

IFB Agro Industries Ltd FAQs

The current trading price of IFB Agro Industries on 29-Jun-2026 16:59 is ₹906.9.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Jun-2026 the market cap of IFB Agro Industries stood at ₹849.5 Cr

The latest P/E ratio of IFB Agro Industries as of 28-Jun-2026 is 13.95.

The latest P/B ratio of IFB Agro Industries as of 28-Jun-2026 is 1.25.

The 52-week high of IFB Agro Industries is ₹1,795 and the 52-week low is ₹677.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of IFB Agro Industries is ₹1,912 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that IFB Agro Industries Ltd is a average quality company.

The key valuation ratios of IFB Agro Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of IFB Agro Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About IFB Agro Industries Ltd

IFB Agro Industries Limited incorporated as a private limited company on February 19, 1982 promoted by Indian Fine Black Limited, Bijon Nag and others is a reputated Public Limited Company. The company has various consumer oriented products both for domestic & export markets. The corporate office of the company is situated at EM Bypass, Kolkata, West Bengal.

IFB Agro Industries is one of the largest producers of alcohol in eastern India, having 6 large captive bottling plants situated in Bengal, Orissa & North East. The company is also engaged in the production of Carbon Dioxide Gas & processing of Marine Products for Export as well as for the Indian market.

Different business divisions of the company:

Alcohol Division        Distillery Noorpur- situated at the bank of the river Hooghly, near Diamond Harbour at South 24 Parganas, West Bengal, IFB Agro commenced their Noorpur Distillery in 1987 creating a landmark in the industrial resurgence of West Bengal with an installed capacity of 60,000 liters per day based on Molasses.

Apart from its existing molasses based distillery, IFB Agro has also set up a new state of the art Grain Distillery based on the latest technology in distillation with a capacity of 60,000 liters per day. The distillery ensures captive power and confirms to zero discharge norms. The usage of Multicolumn Multipressure Distillation Technology removes all impurities from the Alcohol to ensure a perfect rich bouquet of taste and flavour.

The IMFL Division of IFB is housed at Maheshtala (South 24 Pgs.) West Bengal. At present, the operations of the division are concentrated in West Bengal and the North Eastern States, primarily Assam, Meghalaya and Orissa. The company has targetted business expansions in neighboring states in the near future. All 25 UP & 50UP products are made from Grain Spirit which is sourced in house.

The marine division exports prawn to USA, Europe, Japan, Australia & South Africa.  

Domestic : IFB Royal Prawn are ready to cook hygienically processed, headless, peeled and deveined and economicaliy packed in consumer friendly packs of 100 & 200 grams. The product is available from exclusive outlets in the city of Kolkata, Delhi, Bangalore, Hyderabad & Mumbai. IFB Prawn POPS and Breaded Fish Fillets are ready to fry and are available from consumer friendly outlets at Kolkata.

IFB Agro is the largest distributor of C.P. Feeds (Thailand) in West Bengal. It also supplies farmers with various types of soil and water probiotics and supplements for healthy and sustainable grow of shrimps.

Their customers are spread all over the world:

Canada

  • Export Packers Company Ltd.

Europe

  • Morubel of Belgium
  • SPI of UK
  • Ice Pak of UK
  • Sea Hawk of UK
  • C.T. Holms of UK
  • Bloomsbury International Ltd. UK
  • Le Martin Pecheur Re-Union
  • Blue Planet Food Group. Denmark
  • Texas Frozen Foods Ltd. Ireland
  • Pingo Doce-Distrib. Portugal

Japan

  • Marubeni Corporation
  • Hanwa Co.Ltd
  • Sojitz Corporation
  • Kanematsu Corporation
  • Eagle Sea Foods
  • Fuji Corporation

South Africa

  • Breco Pty Ltd                
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