IFB Industries Limited Q2 FY26 Financial Results Disclosure
Document Title: IFB Industries Limited Unaudited Financial Results for Quarter and Half Year Ended September 30, 2026
Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended September 30, 2026 (Q2 FY26) and Half Year ended September 30, 2026 (H1 FY26)
Nature of Filing / Announcement: Disclosure under Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
Date of Board Meeting / Approval: October 27, 2026
Audit Opinion: Clean (Unmodified)
Auditor's Comment: Based on review, nothing has come to attention that causes belief that the Statement has not been prepared in all material respects in accordance with applicable Accounting Standards and Regulation 33 requirements.
Key Financial Highlights [₹ in crores]
Standalone Results:
Quarter ended September 30, 2026:
- Revenue from Operations: ₹1,505.28 crore (Q2 FY25: ₹1,319.94 crore)
- Total Income: ₹1,512.54 crore (Q2 FY25: ₹1,326.61 crore)
- EBITDA: Not explicitly disclosed
- Net Profit: ₹39.56 crore (Q2 FY25: ₹34.08 crore)
- EPS: ₹9.77 basic and diluted (Q2 FY25: ₹12.27 basic and diluted)
Half Year ended September 30, 2026:
- Revenue from Operations: ₹3,028.80 crore (H1 FY25: ₹2,620.93 crore)
- Total Income: ₹3,041.63 crore (H1 FY25: ₹2,637.43 crore)
- Net Profit: ₹81.39 crore (H1 FY25: ₹76.95 crore)
- EPS: ₹19.16 basic and diluted (H1 FY25: ₹18.53 basic and diluted)
Standalone Balance Sheet as at September 30, 2026:
- Other Equity: ₹1,028.83 crore (March 31, 2026: ₹951.74 crore)
- Cash and Cash Equivalents: ₹82.31 crore (March 31, 2026: ₹96.41 crore)
- Debt: Short-term borrowings ₹5.60 crore, Long-term borrowings ₹2.62 crore, Total debt ₹8.22 crore (March 31, 2026: Total debt ₹11.97 crore)
Consolidated Results:
Quarter ended September 30, 2026:
- Revenue from Operations: ₹1,575.78 crore (Q2 FY25: ₹1,370.43 crore)
- Total Income: ₹1,583.27 crore (Q2 FY25: ₹1,377.36 crore)
- Net Profit: ₹38.34 crore attributable to owners (Q2 FY25: ₹50.79 crore)
- EPS: ₹9.47 basic and diluted (Q2 FY25: ₹12.53 basic and diluted)
Half Year ended September 30, 2026:
- Revenue from Operations: ₹3,160.52 crore (H1 FY25: ₹2,708.74 crore)
- Total Income: ₹3,173.78 crore (H1 FY25: ₹2,726.63 crore)
- Net Profit: ₹81.39 crore attributable to owners (H1 FY25: ₹76.95 crore)
- EPS: ₹20.09 basic and diluted (H1 FY25: ₹18.99 basic and diluted)
Segment-wise Performance [₹ in crores]
Standalone Segment Revenue Q2 FY26:
- Home appliances: ₹1,170.50 crore
- Engineering: ₹283.55 crore
- Motor: ₹26.71 crore
- Steel: ₹64.73 crore
- Total: ₹1,545.49 crore
- Less: Inter-segment revenue: ₹40.21 crore
- Revenue from operations: ₹1,505.28 crore
Standalone Segment Profit before interest and tax Q2 FY26:
- Home appliances: ₹27.31 crore
- Engineering: ₹35.87 crore
- Motor: ₹(0.90) crore
- Steel: ₹2.30 crore
- Total: ₹64.58 crore
Consolidated Segment Revenue Q2 FY26:
- Home appliances: ₹1,220.86 crore
- Engineering: ₹303.69 crore
- Motor: ₹26.71 crore
- Steel: ₹64.73 crore
- Total: ₹1,615.99 crore
- Less: Inter-segment revenue: ₹40.21 crore
- Revenue from operations: ₹1,575.78 crore
Consolidated Segment Profit before interest and tax Q2 FY26:
- Home appliances: ₹33.32 crore
- Engineering: ₹36.21 crore
- Motor: ₹(0.90) crore
- Steel: ₹2.30 crore
- Total: ₹70.93 crore
Corporate Actions:
Dividend: Not declared
Share split/Bonus issue/Buyback: Not specified
Capital raising: Not specified
Other Significant Information:
Entities included in consolidation:
- IFB Industries Limited (Holding Company)
- Global Automotive & Appliances Pte. Limited (wholly-owned subsidiary)
- Thai Automotive and Appliances Limited (wholly-owned subsidiary of GAAL)
- Schmid Automotive & Appliances GmbH (wholly-owned subsidiary of GAAL)
- IFB Refrigeration Limited (associate company)
Exceptional items: For year ended March 31, 2026, exceptional item of ₹13.96 crores represents incremental impact of changes due to consolidation of 29 existing labour laws into four Labour Codes
Change in accounting policy: Not specified
Forward-looking guidance: Not specified