IFB Agro Industries Limited Earnings Summary — Q1 FY2027
IFB Agro Reports Strong Q1 Performance with 25% Revenue Growth and Triple-Digit EPS Surge
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 3 consecutive quarters.
- Revenue of ₹398 Cr is 35.8% higher year-on-year.
- Revenue has compounded at 31.1% annualised over the last 10 quarters.
- Net profit of ₹20 Cr is 18.5% above the same quarter last year.
- Profit growth is trailing revenue growth this quarter.
- Net profit has compounded at 56.2% annualised across the period.
- Operating margin stands at 7.9% in Q1 FY2027.
- Operating margin expanded by 46 bps year-on-year.
- Over the last two years operating margin has expanded by 439 bps.
- PBT margin is 6.5%.
- Expense growth of 35.1% remained below revenue growth of 35.8%.
- Operating profit of ₹31 Cr is 44.1% higher year-on-year.
- Operating leverage continues to improve.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 73/100 (Strong) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Improving | 398 | 368 | 342 | 402 | 293 | 232 | 295 | 267 | 265 | 216 |
| Expenses | Improving | 366 | 345 | 324 | 365 | 271 | 223 | 282 | 262 | 256 | 222 |
| Operating Profit | Improving | 31 | 23 | 18 | 37 | 22 | 9 | 13 | 5 | 9 | -6 |
| Operating Margin | Improving | 7.9% | 6.2% | 5.3% | 9.3% | 7.5% | 3.8% | 4.5% | 1.9% | 3.5% | -2.9% |
| Other Income | Stable | 5 | 4 | 4 | 5 | 8 | 6 | 5 | 4 | 5 | 7 |
| Interest | Volatile | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | Improving | 9 | 11 | 11 | 9 | 4 | 5 | 5 | 5 | 5 | 6 |
| Profit Before Tax | Improving | 26 | 14 | 10 | 32 | 25 | 9 | 13 | 4 | 9 | -5 |
| Tax | Improving | 5 | 5 | 3 | 9 | 8 | 9 | 2 | 2 | 1 | -2 |
| Net Profit | Volatile | 20 | 9 | 7 | 23 | 17 | 1 | 11 | 2 | 8 | -3 |
| Net Margin | Volatile | 5.1% | 2.5% | 2.1% | 5.7% | 5.9% | 0.3% | 3.8% | 0.8% | 3.1% | -1.3% |
Key Takeaways
- Revenue grew 25.27% YoY to ₹520.77 Crore, driven by steady performance in both the Spirit and Marine segments.
- Consolidated Net Profit surged 118.9% sequentially (QoQ), though the year-on-year growth was a more moderate 18.5% due to a high base and tax rate changes.
- The Spirit and Spirituous Beverages segment remains the primary profit driver, contributing ₹3,656 lakhs in segment results.
- The Marine segment reported a segment loss of ₹770 lakhs for the quarter, reflecting continued volatility and global pricing pressures in processed seafood.
- The company maintains a strong, debt-free balance sheet with total consolidated assets growing to ₹91,269 lakhs.
- Finance costs remained negligible at ₹151 lakhs, highlighting the company’s minimal reliance on external debt.
- Operating leverage improved significantly compared to the preceding quarter (March 2026), nearly doubling Profit Before Tax margins.
Management Guidance
Management did not provide specific numerical guidance but emphasized that results in the Marine business are seasonal and not strictly comparable quarter-to-quarter. Focus remains on stabilizing the Marine segment's profitability which has been impacted by cyclical global demand.
Sentiment Shift
Improving
A sharp recovery in sequential profitability and 25% YoY top-line growth suggests the company is successfully navigating the margin volatility that plagued previous years.
Outlook
The outlook is balanced by a strong, profitable alcohol business in West Bengal and a volatile, currently loss-making marine segment. Future performance hinges on the stabilization of export demand for seafood and regulatory stability in the regional alcohol market.
From the Annual Report (Key Quotes)
“Due to seasonal nature of Marine business, the results of the current quarter are not strictly comparable to those of corresponding previous quarter.”
“The Statutory Auditors have issued the said Reports with Unmodified Opinion.”
“The Board of Directors... has adopted and taken on record the Unaudited Financial Results... for the Quarter ended June 30, 2026.”
Official Quarterly Documents
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This summary is AI-generated from IFB Agro Industries Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.