1. Is IFB Agro Industries Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that IFB Agro Industries Ltd is a below average quality company.
2. Is IFB Agro Industries Ltd undervalued or overvalued?
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.
3. Is IFB Agro Industries Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of IFB Agro Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||19.5%||13.8%||6.4%||10.8%||9.2%||9.2%||9.7%||6.2%||10.9%||10.7%||-|
|Value Creation Index ⓘ||0.4||-0.0||-0.6||-0.2||-0.3||-0.3||-0.3||-0.6||-0.2||-0.2||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||9.6%||15.3%||6.3%||35.2%||5.9%||4%||4.1%||-27.9%||45.6%||-|
|Adj EPS ⓘ||29.1||26.9||14.5||29.1||30.6||33.6||37.8||24.5||48.7||55.2||50.4|
|YoY Gr. Rt. %||-||-7.6%||-46.1%||100.8%||5.1%||9.7%||12.4%||-35%||98.5%||13.4%||-|
|BVPS (₹) ⓘ||175||220||236.6||267.9||323.9||367.6||399.7||413.5||481.4||536.6||577.7|
|Adj Net Profit ⓘ||26.2||25.2||13.6||27.3||28.7||31.5||35.4||23||45.6||51.7||47|
|Cash Flow from Ops. ⓘ||20.1||42.4||29.1||36.1||49.4||7||45.7||0.7||38.2||107||-|
|Debt/CF from Ops. ⓘ||0||0.1||0||1.4||0.9||4.5||0.4||0.7||0||0.2||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||7.4%||12.5%||13.5%||13.4%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||19.4||13.9||6.4||11.5||10.3||9.7||9.8||6||10.9||10.8||9.1|
|Op. Profit Mgn % ⓘ||10.6||8.9||5.1||8.5||6.1||6.5||5.4||2.9||8.2||7.6||4.6|
|Net Profit Mgn % ⓘ||5.7||5||2.3||4.4||3.4||3.5||3.8||2.4||6.6||5.1||2.8|
|Debt to Equity ⓘ||0||0||0||0.2||0.1||0.1||0.1||0||0||0||-|
|Working Cap Days ⓘ||45||36||40||46||36||34||34||34||46||33||0|
|Cash Conv. Cycle ⓘ||18||13||16||20||14||11||10||13||11||8||0|
Net Profit is growing at healthy rate in last 3 years 13.51%
Return on Equity has declined versus last 3 years average to 9.00%
Sales growth has been subdued in last 3 years 2.98%
Sales growth is not so good in last 4 quarters at -27.73%
|TTM EPS (₹)||50.4||55|
|TTM Sales (₹ Cr.)||1,699||1,699|
|BVPS (₹.) ⓘ||577.7||573.9|
|Reserves (₹ Cr.) ⓘ||532||528|
|From the Market|
|52 Week Low / High (₹)||477.00 / 788.00|
|All Time Low / High (₹)||1.65 / 938.90|
|Market Cap (₹ Cr.)||466|
|Equity (₹ Cr.)||9.4|
|Face Value (₹)||10|
|Industry PE ⓘ||57.4|
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: