IFB Agro Industries Ltd
NSE: IFBAGRO · Breweries & Distilleries · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 27 companies in Breweries & Distilleries (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹185 cr vs borrowings ₹74 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 14.7x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY24, FY23).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 30% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹780.15 on 2026-10-26: -56.4% from the 52-week high, +14.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 384 | 420 | 355 | 416 | 533 | 471 | 492 | 521 |
| EBITDA | 5 | 13 | 9 | 22 | 37 | 18 | 23 | 31 |
| OPM % | 1.3% | 3.2% | 2.5% | 5.2% | 7.0% | 3.9% | 4.6% | 6.0% |
| Other income | 4 | 5 | 6 | 8 | 5 | 4 | 4 | 5 |
| Net profit | 2 | 11 | 1 | 17 | 23 | 7 | 9 | 20 |
| EPS (₹) | 2.23 | 12.05 | 0.67 | 18.34 | 24.23 | 7.79 | 9.94 | 21.72 |
| Revenue YoY | +38.7% | +12.2% | +38.8% | +25.3% | ||||
| Profit YoY | +986.1% | -35.3% | +1,376.2% | +18.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2,279 | 1,571 | 1,380 | 1,538 | 1,912 | 2,017 |
| EBITDA | 75 | 73 | -10 | 37 | 100 | 110 |
| Net profit | 59 | 49 | -8 | 22 | 56 | 60 |
| EPS (₹) | 62.50 | 52.45 | -8.62 | 23.85 | 60.30 | 63.68 |
| Revenue growth | -31.1% | -12.2% | +11.5% | +24.2% | +28.1% | |
| Profit growth | -16.1% | -116.4% | – | +152.8% | +91.3% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +6.8% | +2.4% | +28.1% |
| Net profit | +4.8% | +4.0% | +91.3% |
| EPS | +4.8% | +4.0% | – |
| Share price | – | +22.2% (2y) | -25.0% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 548 | 553 | 609 | 673 |
| Borrowings | – | 19 | 10 | 5 | 74 |
| Cash & equivalents | – | 207 | 140 | 188 | 185 |
| Total assets | – | 632 | 636 | 717 | 872 |
| Fixed assets | – | 131 | 148 | 141 | 246 |
| Capital work in progress | – | 5 | 1 | 8 | 4 |
| Investments | – | 76 | 90 | 134 | 137 |
| Receivables | – | 52 | 80 | 91 | 94 |
| Inventory | – | 100 | 121 | 107 | 162 |
| Payables | – | 28 | 45 | 30 | 53 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 105 | 32 | -32 | 69 | 93 |
| Cash from investing | -66 | -17 | -25 | 12 | -161 |
| Cash from financing | 19 | -7 | -7 | -6 | 64 |
| Capex | 31 | 14 | 32 | 26 | 24 |
| Free cash flow | 74 | 18 | -64 | 43 | 69 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 9.0% | -1.5% | 3.7% | 8.4% |
| ROCE % | – | 12.3% | -2.4% | 6.0% | 11.4% |
| Debtor days | – | 12 | 21 | 22 | 18 |
| Inventory days | – | 42 | 69 | 52 | 61 |
| Payable days | – | 12 | 26 | 15 | 20 |
| Cash conversion cycle (days) | – | 42 | 64 | 59 | 59 |
| Working capital days | – | 82 | 84 | 80 | 69 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 65.00% |
| FIIs | 0.77% |
| DIIs | 1.12% |
| of which Mutual funds | 0.01% |
| Public (non-institutions) | 33.11% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 65.00% | 65.00% | 65.00% | 65.00% | 65.00% | 65.00% | 65.00% | 65.00% |
| Promoter group | % |
|---|---|
| Ifb Automotive Private Limited | 38.46% |
| Nurpur Gases Private Limited | 8.39% |
| Lupin Agencies Pvt Ltd | 4.11% |
| Zim Properties Private Limited | 4.11% |
| Windsor Marketiers Pvt Ltd | 4.09% |
| Asansol Bottling & Packaging Company Private Limited | 3.28% |
| Preombada Nag | 2.55% |
| Bikramjit Nag | 0.01% |
| IFB Global Ltd | 0.00% |
| MAC Consultants Private Limited | 0.00% |
| CPL Industries Limited | 0.00% |
| Special Drinks Private Limited | 0.00% |
| Zenith Investments Ltd | 0.00% |
| IFB Industries Ltd | 0.00% |
| IFB Appliances Ltd | 0.00% |
| Public holders above 1% | % |
|---|---|
| Sicgil India Limited | 7.67% |
| F L Dadabhoy | 2.78% |
| P F Dadabhoy | 1.88% |
| N F Dadabhoy | 1.64% |
| R F Dadabhoy | 1.40% |
| Shirin Watwani | 1.29% |
12,723 shareholders. Pledged: 0.00% of promoter shares.
Peers in Breweries & Distilleries
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| UNITDSPR | ₹89,828 cr | 46.7x | 10.0x | 22.1% | 26.0% | 7.5% | 0.0% | 1.40% |
| RADICO | ₹56,251 cr | 79.9x | 17.0x | 23.2% | 27.0% | 5.2% | +18.1% | 0.09% |
| UBL | ₹30,041 cr | 76.0x | 6.6x | 8.9% | 10.9% | 4.6% | +1.6% | 0.83% |
| ABDL | ₹18,770 cr | 85.7x | 11.3x | 13.8% | 17.1% | 7.1% | – | 0.54% |
| TI | ₹12,032 cr | – | 4.0x | -1.7% | 2.6% | 3.5% | +28.6% | 0.16% |
| PICCADIL | ₹5,389 cr | 38.1x | 6.0x | 15.6% | 15.5% | 20.3% | – | – |
| GLOBUSSPR | ₹2,069 cr | 20.5x | 1.9x | 9.6% | 12.1% | 7.3% | +8.6% | 0.39% |
| INDIAGLYCO | ₹1,916 cr | 5.8x | 0.7x | 12.2% | 11.3% | 6.5% | +13.9% | 3.93% |
| GMBREW | ₹1,784 cr | 10.3x | 1.6x | 16.3% | 20.0% | 6.1% | +8.6% | 0.96% |
| IFBAGRO | ₹731 cr | 12.3x | 1.1x | 9.3% | 11.7% | 5.4% | +6.8% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Spirit, spirituous beverages and allied products | ₹1,184 cr | 61.9% | ₹117 cr | 9.9% |
| Marine | ₹730 cr | 38.1% | ₹-17 cr | -2.3% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-07-22 | Other | Annual General Meeting |
| 2023-07-24 | Other | Annual General Meeting |
| 2022-07-21 | Other | Annual General Meeting |
| 2021-07-29 | Other | Annual General Meeting |
| 2020-08-27 | Other | Annual General Meeting |
| 2019-07-18 | Other | Annual General Meeting |
| 2018-07-19 | Other | Annual General Meeting |
| 2017-07-20 | Other | Annual General Meeting |
| 2016-07-14 | Other | Annual General Meeting |
| 2015-07-23 | Other | Annual General Meeting |
| 2014-07-23 | Other | Annual General Meeting |
| 2013-07-17 | Other | Annual General Meeting |
| 2012-07-19 | Other | Annual General Meeting |
| 2011-07-19 | Other | Annual General Meeting |
| 2010-07-22 | Other | Annual General Meeting |
| 2009-07-23 | Other | Annual General Meeting |
| 2008-08-20 | Other | Annual General Meeting |
| 2007-08-31 | Other | Agm |
| 2006-08-17 | Other | Agm |
| 2005-08-23 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Fast Moving Consumer Goods |
| Industry | Breweries & Distilleries |
| Sub-industry | Breweries & Distilleries |
| Symbol | IFBAGRO |
| BSE code | 507438 |
| ISIN | INE076C01018 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.