Ifb industries share price

IFB Industries Limited is an India-based company, which is engaged in the business of manufacturing of fine blanked components, and in the manufacturing and trading of home appliances. The Company’s product range includes fine blanked components, tools and related machine tools, such as straighteners, decoilers, strip loaders and others. The Engineering divisions are located at Kolkata and Bangalore. The Bangalore unit, apart from fine blanked components, manufactures motors for white goods, as well as automotive applications. The Company has two subsidiaries, Trishan Metals Pvt. Ltd (TMPL) and Global Automotive & Appliances Pte Ltd. The Company’s home appliances business offers laundry solutions, kitchen solutions, living solutions and accessories. Its laundry solutions include washing machines, including front load, top load and washer dryer refresher, and clothes dryer. Its kitchen solutions include modular kitchens; microwave ovens, including solo, grill and convection; and other. ; Portfolio is collection of mutual funds designed to meet your investment goals. Investing in mutual fund portfolios helps you in diversifying your investments and reduces the risk. Portfolios also help you in assigning an investment goals and make it easy for you to save for and achieve your goals. You can create a portfolio yourself or ask an expert to build it for you. 2. For Depository Transaction 'Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with...

IFB Industries Ltd is engaged in engineering and production of various parts and accessories for motor automobiles. The Company is likewise engaged in the enterprise of manufacturing and trading of home equipment, and manufacturing of fine blanking components. Its segments include Engineering and Home Appliances. It has two divisions: Home Appliances and Fine Blanking. The Fine Blanking division's products range from satisfactory blanked components and equipment to associated machines, including straighteners, decoilers and strip loaders. Its engineering divisions are placed in Kolkata and Bangalore. The Home Appliances Division consists of washing machines, garments dryers, dishwashers, microwave ovens, air conditioners, chimneys, refrigerators, modular kitchens, built-in ovens and built-in hobs. The Bangalore unit, aside from Fine Blanked additives, manufactures motors for White goods, as well as automotive packages. The Company has a service community of about 650 franchises. #(Fig in Cr.) Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 951 825 572 990 953 900 1067 1118 999 1010 Other Income 9 7 4 5 5 4 4 5 4 9 Total Income 960 832 576 995 958 905 1072 1123 1003 1019 Total Expenditure 844 771 604 919 926 911 1033 1049 969 981 Operating Profit 117 61 -28 75 32 -6 39 75 34 38 Interest 9 5 8 8 8 8 7 7 7 8 Depreciation 27 26 26 30 29 29 29 29 30 34 Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 Profit Before Tax 81 30 -...

IFB Industries Ltd. key Products/Revenue Segments include Washing Machines, Fine Blanked Components (Heavier), Microwave Oven (Traded), Air Conditioners (Traded), Accessories, Dish Washers, Spares And Others, Sale of services, Others, Scrap, Motors, Dryers & Drying Systems, Equipment Industrial, Press Tools & Dies, Other Operating Revenue for the year ending 31-Mar-2021. Financials For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 904.86 Crore, down -5.56 % from last quarter Total Income of Rs 958.11 Crore and up 8.74 % from last year same quarter Total Income of Rs 832.14 Crore. Company reported net profit after tax of Rs -28.29 Crore in latest quarter. (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice. • 596.75 11:24 AM | 16 Jun 2023 18.60 (3.22%) 1,508.25 11:24 AM | 16 Jun 2023 33.55 (2.28%) 4,887.75 11:24 AM | 16 Jun 2023 84.30 (1.75%) 429.00 11:24 AM | 16 Jun 2023 5.95 (1.41%) • 4,640.05 11:24 AM | 16 Jun 2023 -81.50 (-1.73%) 853.00 11:24 AM | 16 Jun 2023 -12.00 (-1.39%) 384.25 11:24 AM | 16 Jun 2023 -4.70 (-1.21%) 3,178.25 11:24 AM | 16 Jun 202...

Shares of IFB Industries jumped 5.5 percent in early trade on June 7, a day after Europe-based financial services group Societe Generale bought 3 lakh shares or a 0.74 percent stake in the company. The shares were bought at an average price of Rs 800 apiece through open market transactions on June 6. The seller of the stake could not be identified by Moneycontrol. IFB Industries is involved in the manufacturing of household appliances, machine tools, and automobile parts. At 10.13 am, shares of the company were trading at Rs 824.20 on the National Stock Exchange, up 2.64 percent from the previous close. The stock touched an intraday high of Rs 847.30 in the first hour of trade. Trading volumes were also strong as two lakh shares changed hands on the exchanges, as against the one-month daily traded average of 73,000 shares. Follow our live blog for all the market action Apart from Societe General, Nippon India Life and Plutus Wealth Management are the major institutional investors holding stake in the company. The company also reported an 11.84 percent jump in revenue to Rs 994 crore during the fourth quarter. Net loss also narrowed to Rs 7.55 crore in Q4, down from Rs 28.52 crore in the corresponding quarter of the previous fiscal. Brokerage firm Centrum Broking believes the scale-up in AC and healthy growth in washing machine segments will be key revenue drivers for IFB Industries. However, the broking firm also cautioned that attaining high single-digit margin will be th...

Financials For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 958.11 Crore, down -3.68 % from last quarter Total Income of Rs 994.71 Crore and down -.24 % from last year same quarter Total Income of Rs 960.45 Crore. Company reported net profit after tax of Rs -3.21 Crore in latest quarter. The brokerage initiates coverage on IFBI with ADD rating and an SOTP based Target Price of Rs935. While scale-up of AC and top-load washing machine would offer healthy growth prospects, FY21 level of operating margin are unlikely to be restored back in FY23/24 due to unabated input cost pressure amid high competitive intensity. Promoter/FII Holdings Promoters held 74.96 per cent stake in the company as of 31-Dec-2021, while FIIs owned 7.43 per cent, DIIs 3.33 per cent. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. Four state-owned financial entities — Punjab National Bank, Life Insurance Corporation of India, State Bank of India, and Bank of Baroda — that together own just over 45% of UTI Asset Management Company (AMC) are understood to be working on inviting formal bids for selling their stakes, top officials close to the development told ET. • 3,572.00 10:11 AM | 15 Jun 2023 86.05 (2.47%) 5,110.00 10:11 AM | 15 Jun 2023 101.00 (2.02%) 2,503.40 10:11 AM | 15 Jun 2023 46.25 (1.88%) 4,757.90 10:11 AM | 15 Jun 2023 58.90 (1.25%) • 1,298.75 10:11 AM | 15 Jun 2023 -24.50 (-1.85%) 1,287.10 10:11 AM | 15 Jun 2023 ...

• Ifb Industries has an operating revenue of Rs. 4,194.99 Cr. on a trailing 12-month basis. An annual revenue growth of 23% is outstanding, Pre-tax margin of 1% needs improvement, ROE of 2% is fair but needs improvement. The company has a reasonable debt to equity of 10%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 47 which is a POOR score indicating inconsistency in earnings, a RS Rating of 18 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 145 indicates it belongs to a poor industry group of Hsehold-Appliances/Wares and a Master Score of C is fair but needs to improve. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment. Indicator Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022 Oper Rev Qtr Cr 985 977 1,097 1,045 884 Operating Expenses Qtr Cr 957 948 1,028 1,011 896 Operating Profit Qtr Cr 28 29 70 34 -11 Depreciation Qtr Cr 33 30 29 28 29 Interest Qtr Cr 8 7 7 7 8 Tax Qtr Cr 4 -2 14 1 -15 Net Profit Qtr Cr -8 -1 24 2 -29 Indicator Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022 Oper Rev Qtr Cr 1,010 999 1,118 1,067 900 Operating Expenses Qtr Cr...

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Shares of IFB Industries jumped 5.5 percent in early trade on June 7, a day after Europe-based financial services group Societe Generale bought 3 lakh shares or a 0.74 percent stake in the company. The shares were bought at an average price of Rs 800 apiece through open market transactions on June 6. The seller of the stake could not be identified by Moneycontrol. IFB Industries is involved in the manufacturing of household appliances, machine tools, and automobile parts. At 10.13 am, shares of the company were trading at Rs 824.20 on the National Stock Exchange, up 2.64 percent from the previous close. The stock touched an intraday high of Rs 847.30 in the first hour of trade. Trading volumes were also strong as two lakh shares changed hands on the exchanges, as against the one-month daily traded average of 73,000 shares. Follow our live blog for all the market action Apart from Societe General, Nippon India Life and Plutus Wealth Management are the major institutional investors holding stake in the company. The company also reported an 11.84 percent jump in revenue to Rs 994 crore during the fourth quarter. Net loss also narrowed to Rs 7.55 crore in Q4, down from Rs 28.52 crore in the corresponding quarter of the previous fiscal. Brokerage firm Centrum Broking believes the scale-up in AC and healthy growth in washing machine segments will be key revenue drivers for IFB Industries. However, the broking firm also cautioned that attaining high single-digit margin will be th...

IFB Industries Ltd. key Products/Revenue Segments include Washing Machines, Fine Blanked Components (Heavier), Microwave Oven (Traded), Air Conditioners (Traded), Accessories, Dish Washers, Spares And Others, Sale of services, Others, Scrap, Motors, Dryers & Drying Systems, Equipment Industrial, Press Tools & Dies, Other Operating Revenue for the year ending 31-Mar-2021. Financials For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 958.11 Crore, down -3.68 % from last quarter Total Income of Rs 994.71 Crore and down -.24 % from last year same quarter Total Income of Rs 960.45 Crore. Company reported net profit after tax of Rs -3.21 Crore in latest quarter. The brokerage initiates coverage on IFBI with ADD rating and an SOTP based Target Price of Rs935. While scale-up of AC and top-load washing machine would offer healthy growth prospects, FY21 level of operating margin are unlikely to be restored back in FY23/24 due to unabated input cost pressure amid high competitive intensity. Promoter/FII Holdings Promoters held 74.96 per cent stake in the company as of 31-Dec-2021, while FIIs owned 7.43 per cent, DIIs 3.33 per cent. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (E...

• Ifb Industries has an operating revenue of Rs. 4,194.99 Cr. on a trailing 12-month basis. An annual revenue growth of 23% is outstanding, Pre-tax margin of 1% needs improvement, ROE of 2% is fair but needs improvement. The company has a reasonable debt to equity of 10%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 47 which is a POOR score indicating inconsistency in earnings, a RS Rating of 18 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 145 indicates it belongs to a poor industry group of Hsehold-Appliances/Wares and a Master Score of C is fair but needs to improve. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment. Indicator Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022 Oper Rev Qtr Cr 985 977 1,097 1,045 884 Operating Expenses Qtr Cr 957 948 1,028 1,011 896 Operating Profit Qtr Cr 28 29 70 34 -11 Depreciation Qtr Cr 33 30 29 28 29 Interest Qtr Cr 8 7 7 7 8 Tax Qtr Cr 4 -2 14 1 -15 Net Profit Qtr Cr -8 -1 24 2 -29 Indicator Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022 Oper Rev Qtr Cr 1,010 999 1,118 1,067 900 Operating Expenses Qtr Cr...