Market Cap ₹424 Cr.
Stock P/E 86.4
P/B 0.8
Current Price ₹453
Book Value ₹ 582.4
Face Value 10
52W High ₹584.6
Dividend Yield 0%
52W Low ₹ 411
IFB Agro Industries Ltd is engaged inside the enterprise of manufacturing alcohol, bottling of branded alcoholic drinks, as well as processed and packed marine foods both for domestic and export markets. The Company's segments consist of Spirit, Liquor and Spirituous Beverages, and Marine Products. The Spirit, Liquor and Spirituous Beverages phase is engaged inside the manufacturing of extra neutral alcohol (ENA), rectified spirit and Indian made Indian liquor. The divisions under Liquor, Spirituous Beverages and Spirit, Segment are India Made Indian Liquor and Distillery. The Marine section is in the marine product processing, for sale in export and domestic markets and marine feed trading. It operates a grain-based distillery in West Bengal at Noorpur, which has a capacity of about a 120,000 liters ENA/day. Its India Made Indian Liquor bottling plants are located in Panagarh and Dankuni and Marine Processing plant is situated in Kolkata.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
#(Fig in Cr.) | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Net Sales | 664 | 632 | 454 | 408 | 483 | 354 | 326 | 335 | 352 | 361 |
Other Income | 4 | 3 | 5 | 4 | 4 | 10 | 5 | 5 | 3 | 3 |
Total Income | 669 | 636 | 459 | 412 | 487 | 364 | 331 | 340 | 355 | 364 |
Total Expenditure | 640 | 621 | 436 | 388 | 462 | 346 | 309 | 334 | 353 | 366 |
Operating Profit | 29 | 14 | 23 | 24 | 25 | 18 | 21 | 6 | 2 | -2 |
Interest | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
Depreciation | 4 | 4 | 6 | 5 | 5 | 5 | 5 | 5 | 5 | 6 |
Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit Before Tax | 25 | 10 | 17 | 19 | 20 | 12 | 16 | 1 | -3 | -8 |
Provision for Tax | 4 | 1 | 4 | 5 | 4 | 4 | 6 | -1 | -1 | -3 |
Profit After Tax | 21 | 9 | 13 | 15 | 16 | 8 | 10 | 2 | -2 | -5 |
Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit After Adjustments | 21 | 9 | 13 | 15 | 16 | 8 | 10 | 2 | -2 | -5 |
Adjusted Earnings Per Share | 22.6 | 9.2 | 13.4 | 15.7 | 17.2 | 8.7 | 10.8 | 2 | -2.2 | -5.4 |
#(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
---|---|---|---|---|---|---|---|
Net Sales | 893 | 945 | 986 | 702 | 1011 | 1247 | 1374 |
Other Income | 10 | 13 | 11 | 17 | 16 | 16 | 16 |
Total Income | 903 | 958 | 997 | 718 | 1027 | 1262 | 1390 |
Total Expenditure | 838 | 900 | 961 | 646 | 936 | 1174 | 1362 |
Operating Profit | 65 | 58 | 36 | 72 | 91 | 89 | 27 |
Interest | 3 | 3 | 2 | 0 | 1 | 2 | 0 |
Depreciation | 21 | 19 | 18 | 15 | 17 | 19 | 21 |
Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit Before Tax | 41 | 36 | 17 | 57 | 73 | 68 | 6 |
Provision for Tax | 12 | 5 | -5 | 11 | 15 | 19 | 1 |
Profit After Tax | 29 | 31 | 22 | 46 | 59 | 49 | 5 |
Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit After Adjustments | 29 | 31 | 22 | 46 | 59 | 49 | 5 |
Adjusted Earnings Per Share | 30.6 | 33.5 | 23.7 | 49.5 | 62.5 | 52.4 | 5.2 |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Sales CAGR | 23% | 8% | 7% | 0% |
Operating Profit CAGR | -2% | 35% | 6% | 0% |
PAT CAGR | -17% | 31% | 11% | 0% |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Share Price CAGR | -6% | 3% | 2% | 9% |
ROE Average | 9% | 11% | 10% | 10% |
ROCE Average | 13% | 14% | 11% | 13% |
#(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
---|---|---|---|---|---|---|
Shareholder's Funds | 341 | 370 | 381 | 444 | 501 | 548 |
Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 |
Borrowings | 19 | 0 | 0 | 0 | 15 | 10 |
Other Non-Current Liabilities | 22 | 18 | 8 | 12 | 15 | 20 |
Total Current Liabilities | 72 | 74 | 54 | 73 | 59 | 54 |
Total Liabilities | 454 | 461 | 444 | 530 | 590 | 632 |
Fixed Assets | 135 | 135 | 123 | 120 | 145 | 131 |
Other Non-Current Assets | 59 | 45 | 34 | 60 | 76 | 96 |
Total Current Assets | 261 | 281 | 287 | 350 | 370 | 405 |
Total Assets | 454 | 461 | 444 | 530 | 590 | 632 |
#(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
---|---|---|---|---|---|---|
Opening Cash & Cash Equivalents | 10 | 15 | 43 | 17 | 100 | 159 |
Cash Flow from Operating Activities | 4 | 42 | 2 | 36 | 105 | 33 |
Cash Flow from Investing Activities | 16 | 1 | -6 | 47 | -66 | -17 |
Cash Flow from Financing Activities | -15 | -15 | -22 | -0 | 19 | -7 |
Net Cash Inflow / Outflow | 6 | 28 | -25 | 83 | 59 | 9 |
Closing Cash & Cash Equivalent | 15 | 43 | 17 | 100 | 159 | 167 |
# | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
---|---|---|---|---|---|---|
Earnings Per Share (Rs) | 30.56 | 33.48 | 23.68 | 49.5 | 62.48 | 52.43 |
CEPS(Rs) | 53.46 | 53.46 | 42.59 | 65.34 | 80.6 | 72.47 |
DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 |
Book NAV/Share(Rs) | 364.38 | 394.53 | 406.94 | 474.2 | 534.9 | 585.28 |
Core EBITDA Margin(%) | 3.66 | 2.57 | 1.3 | 3.25 | 3.3 | 4.65 |
EBIT Margin(%) | 2.89 | 2.23 | 0.98 | 3.37 | 3.24 | 4.44 |
Pre Tax Margin(%) | 2.72 | 2.06 | 0.88 | 3.36 | 3.21 | 4.32 |
PAT Margin (%) | 1.9 | 1.79 | 1.16 | 2.73 | 2.57 | 3.13 |
Cash Profit Margin (%) | 3.33 | 2.86 | 2.09 | 3.6 | 3.31 | 4.32 |
ROA(%) | 10.35 | 6.85 | 4.91 | 9.53 | 10.46 | 8.04 |
ROE(%) | 14.53 | 8.82 | 5.91 | 11.24 | 12.38 | 9.36 |
ROCE(%) | 19.86 | 10.22 | 4.82 | 13.85 | 15.24 | 12.81 |
Receivable days | 8.86 | 12.65 | 11.88 | 18.39 | 13.92 | 13.97 |
Inventory Days | 9.88 | 13.59 | 14.68 | 16.63 | 10.57 | 19.24 |
Payable days | 15.59 | 19.95 | 17.86 | 31.23 | 21.72 | 13.46 |
PER(x) | 17.98 | 14.93 | 9.88 | 8.15 | 11.02 | 8.21 |
Price/Book(x) | 1.51 | 1.27 | 0.57 | 0.85 | 1.29 | 0.74 |
Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 |
EV/Net Sales(x) | 0.59 | 0.47 | 0.2 | 0.39 | 0.5 | 0.2 |
EV/Core EBITDA(x) | 8.18 | 7.69 | 5.53 | 3.83 | 5.55 | 2.81 |
Net Sales Growth(%) | 742.44 | 5.86 | 4.29 | -28.84 | 44.18 | 23.25 |
EBIT Growth(%) | 1140.23 | -10.16 | -52.25 | 207.56 | 28.82 | -5.52 |
PAT Growth(%) | 1468.32 | 9.55 | -29.25 | 109.01 | 26.22 | -16.07 |
EPS Growth(%) | 119.59 | 9.55 | -29.27 | 109.01 | 26.22 | -16.07 |
Debt/Equity(x) | 0.09 | 0.06 | 0 | 0.01 | 0.04 | 0.03 |
Current Ratio(x) | 3.6 | 3.81 | 5.29 | 4.79 | 6.26 | 7.55 |
Quick Ratio(x) | 2.7 | 2.92 | 3.66 | 3.88 | 5.16 | 5.68 |
Interest Cover(x) | 16.84 | 13.17 | 9.92 | 337.41 | 111.95 | 34.56 |
Total Debt/Mcap(x) | 0.06 | 0.05 | 0 | 0.01 | 0.03 | 0.05 |
# | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 |
FII | 0.38 | 0.39 | 0.38 | 0.29 | 0.22 | 0.19 | 0.2 | 0.21 | 0.24 | 0.16 |
DII | 1.12 | 1.12 | 1.12 | 1.12 | 1.12 | 1.12 | 1.12 | 1.12 | 1.12 | 1.12 |
Public | 33.5 | 33.49 | 33.5 | 33.59 | 33.66 | 33.69 | 33.68 | 33.67 | 33.64 | 33.72 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
# | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 0.61 | 0.61 | 0.61 | 0.61 | 0.61 | 0.61 | 0.61 | 0.61 | 0.61 | 0.61 |
FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
DII | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Public | 0.31 | 0.31 | 0.31 | 0.31 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 0.94 | 0.94 | 0.94 | 0.94 | 0.94 | 0.94 | 0.94 | 0.94 | 0.94 | 0.94 |
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