IFB Agro Industries Ltd - Stock Valuation and Financial Performance

BSE: 507438 | NSE: IFBAGRO | Consumer Food | Small Cap

IFB Agro Inds Share Price

492 0.85 0.17%
as on 24-Apr'25 16:59

DeciZen - make an informed investing decision on IFB Agro Inds

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Semi Strong

IFB Agro Industries stock performance -

P/E Ratio (SA):
21.14
Market Cap:
460.1 Cr.
52-wk low:
390.3
52-wk high:
652.5

Is IFB Agro Industries Ltd an attractive stock to invest in?

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 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 Somewhat Undervalued zone.

3. Is IFB Agro Industries Ltd a good buy now?

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.

10 Year X-Ray of IFB Agro Inds:

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

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 12.1%14.4%13.3%12.9%10.6%5.1%13.8%14.1%13.1%-3%-
Value Creation
Index
-0.10.0-0.1-0.1-0.2-0.60.00.0-0.1-1.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5846218408899259636941,0101,2469301,515
Sales YoY Gr.-6.3%35.2%5.9%4%4.1%-27.9%45.6%23.4%-25.4%-
Adj EPS 14.529.130.430.735.522.14656.450.9-17.123.2
YoY Gr.-100.8%4.3%1.1%15.7%-37.7%108.1%22.5%-9.8%-133.6%-
BVPS (₹) 236.6267.9323.9367.6399.7413.5481.4536.6589.1590.3620.8
Adj Net
Profit
13.627.328.428.733.320.743.152.847.6-1622
Cash Flow from Ops. 29.136.149.4745.70.738.210734.2-30.9-
Debt/CF from Ops. 01.40.94.50.4000.20.4-0.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.3%0.1%10.3%-25.4%
Adj EPS -201.8%-186.4%-171.9%-133.6%
BVPS10.7%8.1%7%0.2%
Share Price 6.8% 10.8% -10.1% 2.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
6.411.510.38.99.35.410.311.19-2.93.8
Op. Profit
Mgn %
5.18.56.16.55.42.98.27.66.1-11.6
Net Profit
Mgn %
2.34.43.43.23.62.26.25.23.8-1.71.4
Debt to
Equity
00.20.10.10.100000-
Working Cap
Days
4046363434344633456251
Cash Conv.
Cycle
162014111013118233140

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 10.26%

Sales growth is good in last 4 quarters at 10.17%

Return on Equity has declined versus last 3 years average to 3.80%

Net Profit has been subdued in last 3 years -171.85%

Latest Financials - IFB Agro Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 23.2 20.2
TTM Sales (₹ Cr.) 1,515 1,515
BVPS (₹.) 620.8 618.2
Reserves (₹ Cr.) 568 570
P/BV 0.79 0.79
PE 21.14 24.37
From the Market
52 Week Low / High (₹) 390.25 / 652.50
All Time Low / High (₹) 1.65 / 938.90
Market Cap (₹ Cr.) 460
Equity (₹ Cr.) 9.4
Face Value (₹) 10
Industry PE 64.7

Quarterly Results

 Mar'24 YoY Gr. Rt. %Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %
Sales (₹ Cr.) 331 1.6380 13.7384 9.1420 16.3
Adj EPS (₹) -2.2 -1209.6 1506.73 N/A12.9 N/A
Op. Profit Mgn % -1.62 -664 bps2.68 224 bps1.53 167 bps3.36 471 bps
Net Profit Mgn % -0.63 -382 bps2.38 221 bps0.72 130 bps2.87 426 bps

Management X-Ray of IFB Agro Inds:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:65%Institutions:1.27%Non-Institutions:33.73%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Dec22Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec24Mar250%10%20%30%40%50%60%70%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of IFB Agro Inds

MRP
spaceLock icon
MOS
spaceLock icon%
DP
spaceLock icon
Base EPS
spaceLock icon
DPS
spaceLock icon
MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max

Event Update

Login/Register to view analysis.

Analyst's Notes

No data found!

Key Ratios of IFB Agro Inds

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Company Name CMP(₹)
Change ₹(%)
Market Cap
Net Sales (₹ Cr.)
Latest EPS (₹)
Net Profit Margin %
Latest P/E
Latest P/BV
Hatsun Agro Product 936.9 -20 (-2.1%) Small Cap 7,990 12.9 3.2 74 12.7
LT Foods 365.2 -2.7 (-0.7%) Small Cap 7,772 17.1 7.7 21.5 3.4
KRBL 316.4 -0.1 (-0%) Small Cap 5,385 19 10.9 16.6 1.4
Avanti Feeds 901.9 27.2 (3.1%) Small Cap 5,369 35.3 7.2 24.8 4.5
HMA Agro Indus 34.7 -0.2 (-0.5%) Small Cap 4,665 1 2.1 36.4 2.2
Heritage Foods 416.3 -6.3 (-1.5%) Small Cap 3,734 18.4 2.6 22.9 4.2
Parag Milk Foods 190.9 0.5 (0.3%) Small Cap 3,139 8.6 2.6 22.2 2.3
Devyani Internatl. 179.4 4 (2.3%) Small Cap 2,998 0.2 9.2 954.5 18.3
Dodla Dairy 1,146.6 16.1 (1.4%) Small Cap 2,907 37.8 5.3 29.9 5.5
Sapphire Foods India 340.1 1.5 (0.4%) Small Cap 2,594 0.6 2 548.2 7.9
Shows rows:

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales5846218408899259636941,0101,246930
Operating Expenses 5555697898318789366379331,172939
Manufacturing Costs374212213985906791131108
Material Costs461452580584673710458678866633
Employee Cost 24313738444844536059
Other Costs 34445070768868111115139
Operating Profit 305251584726567775-9
Operating Profit Margin (%) 5.1%8.4%6.0%6.5%5.1%2.7%8.1%7.6%6.0%-1.0%
Other Income 1571310131116151518
Interest 0123320122
Depreciation 19222021191815171921
Exceptional Items 0000000-70-4
Profit Before Tax 263641443818586870-18
Tax 1078125-5111519-7
Profit After Tax 162933323323475351-11
PAT Margin (%) 2.7%4.7%3.9%3.6%3.6%2.4%6.8%5.3%4.1%-1.2%
Adjusted EPS (₹)16.631.334.933.735.525.050.256.954.4-12.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 222251303344374387451503552553
Share Capital 9999999999
Reserves 212242294335365378442493543544
Minority Interest0000000000
Debt043311900015105
Long Term Debt043311900015105
Short Term Debt0000000000
Trade Payables17233038343343362844
Others Liabilities 37495055522738364233
Total Liabilities 276367414457461447532590631636

Fixed Assets

Gross Block215261161176193197209251256290
Accumulated Depreciation961112041587489106124142
Net Fixed Assets119150141135135123119145131148
CWIP 10262411271
Investments 39114613511810665101110122
Inventories4444436565886765100121
Trade Receivables273942635465104685280
Cash Equivalents 581415154619104162173109
Others Assets24292638414262465755
Total Assets 276367414457461447532590631636

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 29364974613810734-31
PBT 263641443818586870-18
Adjustment 1822111917288171117
Changes in Working Capital -7-126-481-44-2034-29-27
Tax Paid -7-10-9-9-10-2-7-13-17-2
Cash Flow From Investing Activity -16-129-47130-647-68-17-33
Capex -24-44-20-20-15-12-17-30-14-32
Net Investments 7-85-283515563-36-35
Others 101-2-110-20-5
Cash Flow From Financing Activity -449-8-15-15-22019-7-7
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 049-6-12-12-20020-5-5
Interest Paid 0-1-2-3-3-200-2-1
Dividend Paid 0000000000
Others -4000000000
Net Cash Flow 9-44-5530-27855811-70
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)7.2812.4111.799.759.246.1611.2111.189.67-2.07
ROCE (%)12.0814.3613.2912.8510.625.0713.8114.0813.12-2.98
Asset Turnover Ratio3.022.652.993.443.774.163.464.062.572.17
PAT to CFO Conversion(x)1.811.241.480.221.390.040.812.020.67N/A
Working Capital Days
Receivable Days8141313121118141417
Inventory Days16191413141517111929
Payable Days9161721201730211321

IFB Agro Industries Ltd Stock News

IFB Agro Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of IFB Agro Inds on 24-Apr-2025 16:59 is ₹492.0.
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 24-Apr-2025 16:59 the market cap of IFB Agro Inds stood at ₹460.1.
The latest P/E ratio of IFB Agro Inds as of 24-Apr-2025 16:59 is 21.14.
The latest P/B ratio of IFB Agro Inds as of 24-Apr-2025 16:59 is 0.79.
The 52-week high of IFB Agro Inds is ₹652.5 and the 52-week low is ₹390.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of IFB Agro Inds is ₹1,515 ( Cr.) .

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                
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.
×
Please wait your portfolio is updating...