IFB Agro Industries Ltd

IFB Agro Industries Ltd

₹ 554 -2.59%
21 Nov - close price
About

Incorporated in 1982, IFB Agro Ltd manufactures Alcohol and Marine products[1]

Key Points

Business Overview:[1]
IFBAL is in the business of manufacturing alcohol, bottling of branded alcoholic beverages, processed marine foods for domestic and export markets and sale of feed

  • Market Cap 519 Cr.
  • Current Price 554
  • High / Low 654 / 388
  • Stock P/E 110
  • Book Value 608
  • Dividend Yield 0.00 %
  • ROCE -2.30 %
  • ROE -1.37 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.91 times its book value

Cons

  • The company has delivered a poor sales growth of 0.11% over past five years.
  • Company has a low return on equity of 6.54% over last 3 years.
  • Earnings include an other income of Rs.19.0 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
297.36 256.64 227.89 333.61 406.18 280.65 226.02 230.72 239.09 244.49 215.58 265.23 266.79
272.56 245.44 209.07 312.67 384.40 264.86 209.66 233.34 239.60 249.37 220.95 255.06 260.90
Operating Profit 24.80 11.20 18.82 20.94 21.78 15.79 16.36 -2.62 -0.51 -4.88 -5.37 10.17 5.89
OPM % 8.34% 4.36% 8.26% 6.28% 5.36% 5.63% 7.24% -1.14% -0.21% -2.00% -2.49% 3.83% 2.21%
4.22 3.32 -2.14 3.89 3.72 2.54 5.22 4.56 2.94 3.20 7.17 4.45 4.18
Interest 0.02 0.16 0.35 0.38 0.53 0.51 0.42 0.37 0.41 0.31 0.41 0.25 0.32
Depreciation 3.64 4.26 5.51 4.59 4.67 4.74 4.74 4.79 4.83 5.84 5.88 4.70 4.67
Profit before tax 25.36 10.10 10.82 19.86 20.30 13.08 16.42 -3.22 -2.81 -7.83 -4.49 9.67 5.08
Tax % 15.34% 10.99% 38.91% 23.72% 18.62% 31.73% 36.66% -28.26% -27.05% -36.14% -53.67% 6.62% 45.47%
21.47 8.99 6.61 15.15 16.52 8.93 10.40 -2.31 -2.05 -5.00 -2.08 9.03 2.77
EPS in Rs 22.92 9.60 7.06 16.17 17.64 9.53 11.10 -2.47 -2.19 -5.34 -2.22 9.64 2.96
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
462 507 584 621 840 889 925 963 694 1,010 1,246 930 992
414 462 555 569 789 831 878 936 637 933 1,171 939 986
Operating Profit 49 45 30 52 51 58 47 26 56 77 75 -9 6
OPM % 11% 9% 5% 8% 6% 7% 5% 3% 8% 8% 6% -1% 1%
2 25 15 7 12 10 13 11 16 8 15 14 19
Interest 0 0 0 1 2 3 3 2 0 1 2 2 1
Depreciation 11 9 19 22 20 21 19 18 15 17 19 21 21
Profit before tax 39 60 26 36 41 44 38 18 58 68 70 -18 2
Tax % 33% 31% 40% 19% 21% 28% 12% -30% 19% 22% 27% -38%
26 42 16 29 33 32 33 23 47 53 51 -11 5
EPS in Rs 29.09 44.50 16.62 31.31 34.89 33.70 35.45 25.05 50.18 56.94 54.45 -12.22 5.04
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 6%
5 Years: 0%
3 Years: 10%
TTM: 2%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -68%
Stock Price CAGR
10 Years: 3%
5 Years: 7%
3 Years: -5%
1 Year: 19%
Return on Equity
10 Years: 8%
5 Years: 7%
3 Years: 7%
Last Year: -1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 9 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 149 197 212 242 294 335 365 378 442 493 543 544 560
0 4 0 50 43 31 20 1 1 21 16 11 18
28 46 54 66 68 81 66 59 80 66 64 72 107
Total Liabilities 186 256 276 367 414 457 461 447 532 590 631 636 695
72 97 118 145 141 135 135 123 119 145 131 148 141
CWIP 2 21 1 0 2 6 2 4 11 2 7 1 7
Investments 3 8 3 91 146 135 118 106 65 101 110 122 201
109 130 154 131 126 181 206 214 336 342 383 365 347
Total Assets 186 256 276 367 414 457 461 447 532 590 631 636 695

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
20 42 29 36 49 7 46 1 38 107 34 -31
-6 -49 -16 -129 -47 13 -0 -6 47 -68 -17 -33
18 11 -4 49 -8 -15 -15 -22 -0 19 -7 -7
Net Cash Flow 31 4 9 -44 -5 5 30 -27 85 58 11 -70

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 5 7 17 23 18 26 21 25 55 25 15 31
Inventory Days 35 23 35 36 27 37 35 45 53 35 42 70
Days Payable 4 7 13 19 19 22 18 17 35 19 12 26
Cash Conversion Cycle 35 23 38 40 27 41 38 53 73 40 46 75
Working Capital Days 33 34 35 31 17 33 32 51 81 44 45 71
ROCE % 29% 20% 11% 13% 13% 13% 11% 5% 14% 15% 13% -2%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00%
0.38% 0.39% 0.38% 0.29% 0.22% 0.19% 0.20% 0.21% 0.24% 0.16% 0.16% 0.15%
1.12% 1.12% 1.11% 1.12% 1.12% 1.12% 1.12% 1.12% 1.12% 1.12% 1.12% 1.12%
33.50% 33.49% 33.50% 33.58% 33.67% 33.70% 33.69% 33.66% 33.63% 33.72% 33.72% 33.73%
No. of Shareholders 11,69312,07312,57012,35412,45312,53212,44112,30912,49012,55112,48411,705

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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