Name: Latest research reports of IFB Industries Ltd. authored by KamayaKya Wealth and published by - Trendlyne research reports.
Item: IFB Industries Ltd.
Rating: 5
Author: KamayaKya Wealth

IFB Industries Ltd.

NSE: IFBIND | BSE: 505726 | ISIN: INE559A01017 | Industry: Household Appliances
| Mid-range Performer

1371.3000 12.10 (0.89%)

NSE Apr 21, 2025 15:31 PM

41.89% Fall from 52W High

Volume: 54,913

IFB Industries Ltd.

17 Jan 2023

1371.30

0.89%

Initiating Coverage

Buy: IFB Industries Ltd.

KamayaKya Wealth

Going forward, we estimate 20% revenue CAGR till FY24, driven by the increasing presence, high marketing spend and new product launches in the home appliances division. Currently, IFBIL is trading at a 2-year forward EV/EBITDA multiple of 12.1. We anticipate a FY24 EV/EBITDA multiple of 14.5, which is below the 3-year median of 20.62.

IFB Industries Ltd. has an average target of 1786.00 from 1 broker.