IFB Industries Limited Earnings Summary — Q4 FY2026
IFB Industries Reports Strong Profit Growth in Q4 FY2026 Amid Revenue Expansion
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 8 consecutive quarters.
- Revenue of ₹1,524 Cr is 17.1% higher year-on-year.
- Revenue has compounded at 17.7% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit of ₹38 Cr is 50.1% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 56.7% annualised across the period.
- Operating margin stands at 5.4% in Q1 FY2027.
- Operating margin expanded by 82 bps year-on-year.
- Over the last two years operating margin has contracted by 98 bps.
- PBT margin is 3.4%.
- Expense growth of 16.1% remained below revenue growth of 17.1%.
- Operating profit of ₹83 Cr is 37.9% 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 75/100 (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 | 1,524 | 1,447 | 1,375 | 1,320 | 1,301 | 1,300 | 1,228 | 1,177 | 1,237 | 1,055 |
| Expenses | Improving | 1,441 | 1,376 | 1,301 | 1,224 | 1,241 | 1,242 | 1,142 | 1,110 | 1,158 | 1,012 |
| Operating Profit | Improving | 83 | 72 | 74 | 96 | 60 | 58 | 86 | 66 | 79 | 43 |
| Operating Margin | Improving | 5.4% | 4.9% | 5.4% | 7.3% | 4.6% | 4.5% | 7.0% | 5.6% | 6.4% | 4.1% |
| Other Income | Volatile | 6 | 9 | -6 | 7 | 10 | 11 | 4 | 13 | 7 | 11 |
| Interest | Stable | 5 | 5 | 5 | 5 | 6 | 7 | 8 | 4 | 5 | 7 |
| Depreciation | Stable | 32 | 29 | 31 | 29 | 30 | 33 | 37 | 30 | 29 | 31 |
| Profit Before Tax | Volatile | 52 | 45 | 32 | 68 | 34 | 29 | 45 | 45 | 52 | 16 |
| Tax | Volatile | 13 | 12 | 7 | 19 | 9 | 7 | 11 | 11 | 14 | 2 |
| Net Profit | Volatile | 38 | 34 | 25 | 50 | 25 | 22 | 34 | 33 | 39 | 14 |
| Net Margin | Volatile | 2.5% | 2.3% | 1.8% | 3.8% | 1.9% | 1.7% | 2.8% | 2.8% | 3.1% | 1.3% |
Key Takeaways
- Net Profit surged 126% YoY to ₹43 crore, driven by operating leverage and favorable other income.
- Quarterly revenue reached a record ₹1,498 crore, reflecting continued 12% YoY top-line growth.
- Operating Profit Margin improved to approximately 5.3% compared to 4% in the same quarter last year.
- Borrowings significantly decreased to ₹156 crore at year-end from ₹250 crore in the previous year.
- Return on Equity reached 17% for the full fiscal year, marking a significant recovery in capital efficiency.
- The engineering segment continues to benefit from technical expertise in fine blanking precision components.
Management Guidance
Management is prioritizing the indigenization of critical components like BLDC motors and electronic controllers to mitigate global supply chain risks and improve long-term margins.
Sentiment Shift
Improving
The company has successfully transitioned from losses in FY22 to a record profit in FY26, with consecutive QoQ improvements in the second half of the year.
Outlook
The outlook remains constructive as the company leverages its dominant position in premium laundry appliances while scaling its modular kitchen segment and focusing on digital transformation.
From the Annual Report (Key Quotes)
“Our focus remains on the indigenization of components like BLDC motors to safeguard against global supply chain shocks.”
“The business quality is characterized by strong brand equity and a dominant position in front-load washing machines.”
“Recent years show a recovery in return ratios, with ROCE reaching a respectable 20% in the latest fiscal.”
Official Quarterly Documents
This summary is AI-generated from IFB Industries Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.