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IFB Industries Ltd Consumer Durables
₹ 1,375.30 +66.20 (5.06%)
  • NSE
  • BSE

Overview

  • BSE Code 505726
  • NSE Symbol IFBIND
  • ISIN Demat INE559A01017
  • Book Value (₹) 211.54
  • Face Value (₹) 10.00
  • Market Cap (₹ Cr.) 5,884.11
  • P/E (TTM) 45.71
  • EPS (TTM) 31.77
  • Div Yield (%) 0.00

Performance

Today’s Low 1,273.00
Today’s High 1,390.10

1,375.30
52W Low 1,060.00
52W High 2,359.90

1,375.30
Open 1,273.00
Prev. Close 1,309.10
Volume 62,891.00

Corporate Actions

IFB Industries Limited - Board Meeting Intimation
Apr 28, 2025

IFB Industries Limited has informed the Exchange about Board Meeting to be held on 28-May-2025 to inter-alia consider and approve the Audited Financial results of the Company for the Yearly ended March 2025 .

About IFB Industries Ltd

IFB Industries Ltd is an India-based company. The company is engaged in manufacturing and marketing engineering products. They operate in three segments, namely engineering, home appliance and others. The engineering divisions are located at Kolkata and Bangalore.

The company's product range includes fine blanked components, tools and related machines tools, such straighteners, decoilers, strip loaders and others. They also provide household appliances, including washing machines, dryers, microwave ovens, and dishwashers. In addition, they manufacture motors for white goods and automotive applications.

IFB Industries Ltd was formally created and deployed as a legal entity in the year 1974 as Indian Fine Blanks Ltd in collaboration with Hienrich Schmid AG of Switzerland. The company was created and deployed with the objective of manufacturing fine blanking tools press tools and fine blanked components used in a wide range of precision engineering industries.

In the year 1985, the company took 4.84 acres of land on lease at Gangarampur in West Bengal for the manufacture of high technology machines as well as for future expansion-cum-diversification programmes.

In the year 1988, the company created and deployed a new division, namely Project and Construction division to take up projects abroad as well as in India. In addition, the company in association with P A Rentrop Hubert and Wagner GmbH & Co KG West Germany created and deployed a joint venture company called RHW India Pvt Ltd in India for the manufacture of automatic seat adjustment mechanism.

In the year 1989, the company broadened its footprint operations into into collaboration with Bosch-Siemens Hausgerate GmbH, Germany for production of fully automatic washing machines and for the manufacture of the state-of-the-art domestic appliances. The company changed their name from Indian Fine Blank Ltd to IFB Industries Ltd with effect from July 19, 1989. The company created and deployed a company called European Fine Blanking Ltd at Wrexham in North Wales, UK with their European partners for the manufacture of fine blanking tools and components for the UK and other European markets.

In the same year, RHW India Pvt Ltd became subsidiary of the company and the name was changed to RHW India Ltd. RHW India Ltd broadened its footprint operations into in a joint venture agreement with Electrolux Autoliv AB (Sweden) for setting up a joint venture company for the manufacture sale and export of automotive safety belts and accessories. In the year 2000, the company formally introduced their new fully automatic washing machine Senator in the Kerala market.

During the year 2002-03, the company formally introduced a highly sophisticated washing machine 'IFB Digital' with advanced features in line with the latest international models. In addition, they introduced a new range of Microwave Ovens. The company added 250 Nos of retail outlets in different parts of the country.

During the year 2003-04, the company formally introduced the new model washing machines 'Elena' and new model dryer 'Easy Drier'. In addition, the engineering factories at Kolkata & Bangalore have been certified as QS9000 by DNV.

During the year 2005-06, the company formally introduced the new economy model washing machine 'DIVA' and high-end model DIGITAL 7 kg. During the year 2006-07, the company introduced two new models of microwave ovens and started souring of industrial dishwasher. During the year 2007-08, they introduced Top loaders and one new model microwave oven.

Founded: 1974
Chairman: Bikram Nag
Managing Director: Panamanna Hariharan Narayanan
Address: 14 Taratolla Road, Kolkata, West Bengal, 700088,
HO Tel: 91-033-39849524