Intimation of Analyst/Investor Meet
Event Type: Conference call with Investors/Analysts to discuss Unaudited Financial Results (Standalone & Consolidated)
Event Date and Time: November 5, 2026 at 04:00 P.M. (I.S.T.)
Purpose: Discussion of the Company's financial results for the Quarter and Half Year ended September 30, 2026
Financial Period Discussed: Q2 FY27 (Quarter ended September 30, 2026) and Half Year FY27 (Six months ended September 30, 2026)
Management Participants: Not specified in the document
Availability of Materials: The investor presentation is enclosed with the regulatory filing and is available on the company website at www.ifbindustries.com
UPSI Statement: The document does not contain any specific statement regarding unpublished price sensitive information
Financial Highlights
Standalone Q2 FY27 Performance:
- Revenue: ₹1,512.54 Cr (14.02% growth YoY)
- PBDIT: ₹90.92 Cr (-11.30% YoY)
- PBDIT Margin: 6.01% (vs 7.73% YoY)
- PAT: ₹39.56 Cr (-20.48% YoY)
- PAT Margin: 2.62% (vs 3.75% YoY)
- EPS: ₹9.77 (vs ₹12.27 YoY)
- ROCE: 17.55% (annualized, vs 24.73% YoY)
Standalone YTD FY27 Performance:
- Revenue: ₹3,041.63 Cr (15.33% growth YoY)
- PBDIT: ₹179.38 Cr (4.02% growth YoY)
- PBDIT Margin: 5.90% (vs 6.54% YoY)
- PAT: ₹77.62 Cr (3.34% growth YoY)
- PAT Margin: 2.55% (vs 2.85% YoY)
- EPS: ₹19.16 (vs ₹18.53 YoY)
- ROCE: 17.21% (annualized, vs 19.09% YoY)
Divisional Performance Q2 FY27:
- Home Appliances Division: Revenue ₹1,173.88 Cr (10.7% growth), PBDIT ₹50.30 Cr (-29.9% YoY)
- Engineering Division: Revenue ₹284.48 Cr (24.09% growth), PBDIT ₹43.73 Cr (24.10% growth)
- Steel Division: Revenue ₹64.77 Cr (36% growth), PBDIT ₹3.23 Cr (9.1% growth)
- Automotive Motors: Revenue ₹26.76 Cr (49.6% growth), PBDIT -₹0.62 Cr (loss)
Balance Sheet Position (Standalone as of September 30, 2026):
- Fixed Assets: ₹748.11 Cr
- Inventories: ₹777.28 Cr
- Cash & Cash Equivalents (including investments): ₹350.88 Cr
- Long-term Borrowings: ₹8.22 Cr
- Net Cash Position: ₹342.66 Cr
- Trade Payables: ₹1,079.51 Cr
- Net Worth: ₹959 Cr
Subsidiary Performance Q2 FY27:
- Global Automotive & Appliances: Revenue ₹50.52 Cr (46% growth), PBDIT ₹6.01 Cr (51% growth)
- Thai Automotive & Appliances: Revenue ₹20.07 Cr (22% growth), PBDIT ₹1.66 Cr (64% growth)
- IFB Refrigeration Limited (41.4% owned): Revenue ₹142.1 Cr (10.5% growth), PBDIT -₹4.3 Cr (loss)
Strategic and Operational Updates
Net Debt Position: Company maintains net cash of ₹342.66 Cr with minimal long-term debt of ₹8.22 Cr scheduled for full repayment by February 2027 (ICICI Bank loan) and October 2028 (Federal Bank loan)
Home Appliances Division Strategy: Focus on premiumisation, cost optimization, and portfolio rationalization to offset commodity and forex impacts. Specific focus on higher capacity washing machines, premium ACs, and expanding retail presence
Engineering Division Growth Plans:
- Target of ₹500 Cr new order booking in FY27, achieved ₹220 Cr YTD
- Planning investments in EV segment (₹150 Cr potential), Chain Manufacturing (₹200 Cr potential), Braking System (₹60 Cr potential)
- Expanding Bangalore stamping and setting up new facility in Gujarat
- Active pursuit of M&A opportunities (evaluated 72 companies)
Product Innovations:
- Washers: 2-in-1 Washer Refresher proposition, focus on higher capacities (11-12Kg range)
- Air Conditioners: Enhanced range for 52°C to -15°C operation, AI Climate Control, Voice Command
- Dishwashers: 38% value growth, introducing features like Magic Tray, Max Reach Nozzle, Turbo Zone
- Microwave Ovens: Focus on Air Fry Microwave portfolio, launching 32L Solo model
Additional Notes
Attachments: The document includes a comprehensive Investor Presentation with detailed financial and operational updates
Financial Data Disclosure: Extensive financial data was disclosed in the presentation including divisional breakdowns, balance sheet details, and cash flow statements
Compliance: This intimation is being made available on the company website www.ifbindustries.com