IFB Agro Industries Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹745 Cr
- P/E
- 11.59
- ROE
- 9.57%
- PEG
- 1.77
- Price to sales
- 0.50
- Debt to equity
- 0.10
- 52W high / low
- ₹1,753 / ₹683
- Sales growth (5Y)
- 15.15%
- EBITDA margin
- 7.53%
- Net profit margin
- 4.41%
- Promoter holding
- 65.00%
- Sales (last year)
- ₹1,509 Cr
Potential multibaggers · Q2 FY27
This quarter's potential multibaggers
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Financials of IFB Agro Industries
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
IFB Agro Industries
Shareholding breakup across reporting periods.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | 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% | 65.00% | 65.00% | 65.00% | 65.00% |
| FIIs + | 0.24% | 0.16% | 0.16% | 0.15% | 0.16% | 0.15% | 0.71% | 0.71% | 0.93% | 0.92% | 0.74% | 0.77% |
| DIIs + | 1.12% | 1.12% | 1.12% | 1.12% | 1.12% | 1.12% | 1.12% | 1.12% | 1.12% | 1.12% | 1.12% | 1.12% |
| Public + | 33.63% | 33.72% | 33.72% | 33.73% | 33.73% | 33.73% | 33.18% | 33.17% | 32.95% | 32.96% | 33.14% | 33.11% |
| No. of Shareholders | 12,490 | 12,551 | 12,484 | 11,705 | 11,337 | 11,194 | 10,673 | 10,109 | 12,493 | 13,292 | 13,369 | 12,723 |
Financials of IFB Agro Industries
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 239 | 244 | 216 | 265 | 267 | 295 | 232 | 293 | 402 | 342 | 368 | 397 | 474 |
| YoY Sales growth | -41% | -13% | -5% | +15% | +12% | +21% | +8% | +10% | +51% | +16% | +58% | +36% | +18% |
| Expenses + | 240 | 249 | 221 | 255 | 261 | 281 | 222 | 270 | 364 | 323 | 344 | 365 | 435 |
| Operating Profit | -1 | -5 | -5 | 10 | 6 | 14 | 10 | 23 | 38 | 19 | 24 | 32 | 40 |
| OPM % | -0.2% | -2.0% | -2.5% | 3.8% | 2.2% | 4.8% | 4.3% | 8% | 9% | 6% | 6% | 8% | 8% |
| Other Income + | 3 | 3 | 7 | 4 | 4 | 5 | 5 | 8 | 5 | 4 | 4 | 5 | 5 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 2 |
| Depreciation | 5 | 6 | 6 | 5 | 5 | 5 | 5 | 4 | 8 | 11 | 11 | 9 | 9 |
| Profit before tax | -3 | -8 | -4 | 10 | 5 | 14 | 10 | 26 | 33 | 11 | 15 | 27 | 34 |
| Tax % | -27% | -36% | -54% | 7% | 45% | 15% | 84% | 30% | 28% | 23% | 30% | 20% | 22% |
| Net Profit + | -2 | -5 | -2 | 9 | 3 | 12 | 2 | 18 | 24 | 8 | 11 | 22 | 26 |
| EPS in Rs | -2.19 | -5.34 | -2.22 | 9.64 | 2.96 | 12.85 | 1.74 | 19.42 | 25.40 | 8.94 | 11.26 | 23.01 | 28.29 |
Financials of IFB Agro Industries
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 584 | 621 | 840 | 889 | 925 | 963 | 694 | 1,010 | 1,246 | 930 | 1,059 | 1,404 | 1,581 |
| Sales growth | +15% | +6% | +35% | +6% | +4% | +4% | -28% | +46% | +23% | -25% | +14% | +33% | +29% |
| Expenses + | 555 | 569 | 789 | 831 | 878 | 936 | 637 | 933 | 1,171 | 939 | 1,018 | 1,299 | 1,466 |
| Operating Profit | 30 | 52 | 51 | 58 | 47 | 26 | 56 | 77 | 75 | -9 | 41 | 106 | 115 |
| OPM % | 5% | 8% | 6% | 7% | 5% | 2.7% | 8% | 8% | 6% | -1.0% | 3.9% | 8% | 7% |
| Other Income + | 15 | 7 | 12 | 10 | 13 | 11 | 16 | 8 | 15 | 14 | 18 | 19 | 19 |
| Interest | 0 | 1 | 2 | 3 | 3 | 2 | 0 | 1 | 2 | 2 | 1 | 4 | 6 |
| Depreciation | 19 | 22 | 20 | 21 | 19 | 18 | 15 | 17 | 19 | 21 | 19 | 35 | 41 |
| Profit before tax | 26 | 36 | 41 | 44 | 38 | 18 | 58 | 68 | 70 | -18 | 39 | 85 | 87 |
| Tax % | 40% | 19% | 21% | 28% | 12% | -30% | 19% | 22% | 27% | -38% | 35% | 29% | |
| Net Profit + | 16 | 29 | 33 | 32 | 33 | 23 | 47 | 53 | 51 | -11 | 25 | 61 | 67 |
| EPS in Rs | 16.62 | 31.31 | 34.89 | 33.70 | 35.45 | 25.05 | 50.18 | 56.94 | 54.45 | -12.22 | 27.19 | 65.01 | 71.50 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of IFB Agro Industries
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 212 | 242 | 294 | 335 | 365 | 378 | 442 | 493 | 543 | 544 | 603 | 672 | 724 |
| Borrowings + | 0 | 50 | 43 | 31 | 20 | 1 | 1 | 21 | 16 | 11 | 6 | 71 | 78 |
| Other Liabilities + | 54 | 66 | 68 | 81 | 66 | 59 | 80 | 66 | 64 | 72 | 101 | 124 | 171 |
| Total Liabilities | 276 | 367 | 414 | 457 | 461 | 447 | 532 | 590 | 631 | 636 | 720 | 876 | 983 |
| Fixed Assets + | 118 | 145 | 141 | 135 | 135 | 123 | 119 | 145 | 131 | 148 | 138 | 242 | 231 |
| CWIP | 1 | 0 | 2 | 6 | 2 | 4 | 11 | 2 | 7 | 1 | 8 | 4 | 2 |
| Investments | 3 | 91 | 146 | 135 | 118 | 106 | 65 | 101 | 110 | 122 | 141 | 147 | 367 |
| Other Assets + | 154 | 131 | 126 | 181 | 206 | 214 | 336 | 342 | 383 | 365 | 432 | 483 | 383 |
| Total Assets | 276 | 367 | 414 | 457 | 461 | 447 | 532 | 590 | 631 | 636 | 720 | 876 | 983 |
Financials of IFB Agro Industries
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 29 | 36 | 49 | 7 | 46 | 1 | 38 | 107 | 34 | -31 | 72 | 97 |
| Cash from Investing Activity + | -16 | -129 | -47 | 13 | -0 | -6 | 47 | -68 | -17 | -33 | 12 | -163 |
| Cash from Financing Activity + | -4 | 49 | -8 | -15 | -15 | -22 | -0 | 19 | -7 | -7 | -6 | 61 |
| Net Cash Flow | 9 | -44 | -5 | 5 | 30 | -27 | 85 | 58 | 11 | -70 | 78 | -5 |
| Free Cash Flow | 5 | -8 | 30 | -13 | 31 | -11 | 21 | 76 | 20 | -63 | 50 | 74 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 121% | 88% | 113% | 27% | 119% | 9% | 81% | 155% | 69% | 308% | 193% | 115% |
Financials of IFB Agro Industries
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 17 | 23 | 18 | 26 | 21 | 25 | 55 | 25 | 15 | 31 | 31 | 24 |
| Inventory Days | 35 | 36 | 27 | 37 | 35 | 45 | 53 | 35 | 42 | 70 | 52 | 61 |
| Days Payable | 13 | 19 | 19 | 22 | 18 | 17 | 35 | 19 | 12 | 15 | 15 | 20 |
| Cash Conversion Cycle | 38 | 40 | 27 | 41 | 38 | 53 | 73 | 40 | 46 | 86 | 68 | 66 |
| Working Capital Days | 35 | 31 | 17 | 33 | 32 | 51 | 81 | 42 | 43 | 69 | 52 | 47 |
| ROCE % | 11% | 13% | 13% | 13% | 11% | 5% | 14% | 15% | 13% | -2% | 7% | 13% |
Momentum score · price trend
9 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −38.5% | 13% |
| Last 6 months | −21.6% | 17% |
| Last 3 months | −17.2% | 26% |
The price is 53.5% below its all-time high of ₹1,753.2 (8 Jan 2026). Stocks more than 20% below their peak have their score halved, so 17 became 9.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For IFB Agro Industries: 0.4 × 13 + 0.4 × 17 + 0.2 × 26 = 17, halved to 9 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
