IFB Industries Limited
Quick Take
- • Trading at 31.0× trailing earnings (19.1× forward)
- • Strong ROE at 16.1%
- • Low leverage (D/E 0.16)
- • No dividend data
- • Operating margin 3.5% · Net margin 2.7%
- • Profit growth +64.40% YoY · Beta 0.33
About the company
From latest AR & concallIFB Industries Limited, together with its subsidiaries, manufactures and trades in home appliances in India and internationally. It operates through the Engineering, Home Appliances, Motor, and Steel segments. Its products include laundry solution, such as front and top load washing machine, washer dryer refresher, and clothes dryer; kitchen solutions, including refrigerators, microwave, dishwasher, and chimney, as well as built in hob, oven, and appliances; air conditioners; stabilizer; accessories; modular kitchens; tumble dryers and dryers; ironers; and industrial laundry and dish care. The company also offers press tools and dies, fine blanked components, motors, and cold rolled steel strips. The company was formerly known as Indian Fine Blanks Limited. IFB Industries Limited was incorporated in 1974 and is based in Kolkata, India.
