IFB Agro Industries Limited is an India-based company primarily engaged in the manufacturing of alcohol, bottling of branded alcoholic beverages, processed marine foods for domestic and export markets, and sale of feed. Founded on February 19, 1982, and headquartered in Kolkata, India, the company operates through two distinct business segments: Spirit, Liquor and Spirituous Beverages, and Marine Products.
The Spirit, Liquor and Spirituous Beverages segment encompasses Extra Neutral Alcohol, Rectified Spirit, and Indian Made Indian Liquor. The Marine Products segment includes processed marine foods for export and domestic markets, along with marine feed trading. IFB Agro derives a majority of its revenue from its Spirit, spirituous beverages, and allied products segment, establishing itself as a significant player in the alcohol manufacturing industry while also maintaining a strong presence in the marine products sector.
IFB Agro Industries Ltd (IFBAGRO) has demonstrated improved financial performance in recent periods. As of July 2025, the company's market capitalization stood at ₹702.02 Crore (as of June 27, 2025).
For the full financial year ended March 2025, the company reported a net profit of ₹22.34 Crore, a significant improvement from a net loss of ₹8.08 Crore in the previous year ended March 2024. Sales rose by 13.70% to ₹1,059.22 Crore in FY 2025, compared to ₹931.63 Crore in FY 2024.
Quarterly performance also reflects positive trends. For the quarter ended March 2025, IFB Agro Industries reported a net profit of ₹0.63 Crore, compared to a net loss of ₹2.83 Crore in the corresponding quarter of the previous year. Sales increased by 7.49% to ₹232.23 Crore in Q4 FY 2025, against ₹216.05 Crore in Q4 FY 2024.
IFB Agro Industries has strategically expanded its manufacturing capabilities through investments and acquisitions. In April 2008, commercial production began from a new grain-based distillery with a capacity of 60KLPD. The company acquired the Carbon Di-oxide and allied business of Nurpur Gases Private Ltd (an associate company) effective May 1, 2014.
Further expansion included the commencement of operations at a bottling facility in Kandi, Murshidabad (West Bengal) during 2015. To bolster its marine business, the company incorporated a Wholly Owned Subsidiary, IFB Agro Marine (FZE), in Sharjah, United Arab Emirates, on April 20, 2015.
The company's financial position is reflected in several key metrics:
- Revenue (FY 2025): ₹1,059.22 Crore
- Net Profit (FY 2025): ₹22.34 Crore
- Net Sales (Q4 FY 2025): ₹232.23 Crore
- Net Profit (Q4 FY 2025): ₹0.63 Crore
- Market Cap (June 2025): ₹702.02 Crore
- P/E Ratio: 31.42
- P/B Ratio: 1.27
- 52-Week High: ₹834.80
- 52-Week Low: ₹440.00
Financial Strengths:
- Debt-Free Status: The company has significantly reduced its debt and is currently almost debt-free. This provides strong financial flexibility and reduces the interest burden on its operations.
- Promoter Confidence: Promoter Holding at 65.0% indicates substantial confidence in the business’s long-term prospects.
Challenges:
- Sales Growth: The company has delivered a relatively low sales growth of 1.45% over the past five years.
- Return on Equity: IFB Agro Industries has recorded a low return on equity of 3.82% over the last three years, indicating room for improvement in shareholder value generation.
IFB Agro Industries has pursued strategic actions to enhance its business portfolio. Most recently, the company completed a Merger/Acquisition involving Cargill India's Commercial Shrimp and Freshwater Fish Feed Business on May 31, 2025. This significant deal, valued at ₹353 Crore, expands its footprint in the marine products sector.
The company announced its 43rd Annual General Meeting (AGM) scheduled for July 30, 2025, with book closure from July 24-30, 2025. Shareholders are set to discuss the financial year 2024-25 results and the future strategic direction, including the integration of the newly acquired business.
IFB Agro Industries is listed on the two major Indian stock exchanges:
- National Stock Exchange (NSE): Trading Symbol - IFBAGRO
- Bombay Stock Exchange (BSE): Scrip Code - 507438
The company operates within the Consumer Defensive sector, specifically in the Beverages - Wineries & Distilleries sub-industry.
