Ifb Industries

What Ifb Industries does

IFB Industries Limited (BSE: 505726, NSE: IFBIND) is an Indian publicly listed diversified manufacturer founded in 1974 in Kolkata, originally as Indian Fine Blanks Limited under a technology collaboration with Hienrich Schmid AG of Switzerland. The company operates four divisions — IFB Appliances (laundry, kitchen, and living appliances sold through Amazon, Flipkart, and own retail), IFB Fine Blanking (precision metal components with micron-level accuracy for automotive OEMs), IFB Steel (cold rolled low/medium/high carbon steel strips, 180,000 MT pickling capacity), and IFB Ultra Miles (automotive chain and sprocket kits). Its engineering products reach major automotive manufacturers in India and Southeast Asia through satellite plants near OEM facilities, while IFB Appliances is sold via e-commerce channels and the branded ifbappliances.com storefront.

The company employs between 1,001 and 5,000 people across manufacturing facilities in Kolkata (headquarters and primary Fine Blanking), Bangalore (motors and components), Hooghly (steel), Manesar, Chennai, Pune, and Rudrapur (JIT satellite plants), plus an associate company in Rayong, Thailand. Wholly-owned subsidiaries include IFB Automotive, IFB Appliances Limited, IFB Refrigeration Limited, IFB Agro Industries Limited, and IFB Global Limited. Promoter and promoter group entities hold approximately 74.96% of equity, with no parent company identified.

In FY26 the company reported consolidated revenue of Rs 5,652.59 crore (approximately 10.2% YoY growth) and net profit of Rs 143.56 crore (up 20.72% YoY), with Q4 FY26 revenue of Rs 1,498.20 crore (+12.33% YoY). Home Appliances contributed approximately 79% of quarterly revenue, Engineering (Fine Blanking) 18%, Steel 3%, and Motors 1%, supported by certifications across IATF 16949, ISO 9001, ISO 14001, and ISO 45001.

Name

Ifb Industries

Legal name

IFB Industries Limited

Website

https://ifbindustries.com

Company type

Public

Founded year

1974

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

IFB Industries Limited is a publicly listed Indian manufacturer founded in 1974, operating four divisions: IFB Appliances (washing machines, kitchen and living appliances), IFB Fine Blanking (precision components for automotive OEMs), IFB Steel (cold rolled steel strips), and IFB Ultra Miles (automotive components).

Ownership category

akta.pro rank

Headquarters

HQ city

Kolkata

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Home Appliances: Revenue from manufacturing and selling home appliances including washing machines, kitchen appliances. Q4 FY26 revenue of Rs 1,188.4 crore representing approximately 79% of total quarterly revenue. FY26 full year segment growth of 11.39%. Products sold through retail and e-commerce channels.
2. Engineering (Fine Blanking): Revenue from precision Fine Blanked components, tools, and related machine tools supplied to automotive OEMs and other industries. Q4 FY26 revenue of Rs 268.81 crore with 13.7% year-on-year growth. Components include engine, transmission, braking components for four-wheeler and two-wheeler manufacturers.
3. Motor Segment: Revenue from manufacturing motors for white goods as well as automotive applications. Q4 FY26 revenue of Rs 19.89 crore, growing 21.72% year-on-year. Bangalore unit manufactures motors for white goods and automotive applications.
4. Steel Segment: Revenue from manufacturing cold rolled low, medium and high carbon steel strips. Q4 FY26 revenue of Rs 50.09 crore, growing 10.3% year-on-year. Products include steel strips for fine blanking components, packing straps, tube and pipe products, saw and blade products.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

IFB Industries manufactures and sells consumer home appliances (laundry, living, and kitchen products such as washing machines), precision Fine Blanked components and machine tools for automotive OEMs, cold rolled low/medium/high carbon steel strips, and motors for white goods and automotive applications. Operations are organized into four divisions — IFB Appliances, IFB Fine Blanking, IFB Ultra Miles, and IFB Steel — with manufacturing facilities in Kolkata, Bangalore, Hooghly, and four satellite plants in Manesar, Chennai, Pune, and Rudrapur.

Product overview

IFB Industries is a diversified manufacturing conglomerate with four distinct divisions operating as separate business units. The company operates as a multi-product portfolio comprising IFB Appliances (consumer home appliances for laundry, living, and kitchen), IFB Fine Blanking (precision metal components and tools for automotive and industrial applications), IFB Ultra Miles (automotive parts and components), and IFB Steel (cold rolled steel strips). These divisions share the IFB brand identity but operate as distinct product lines serving different market segments from consumer appliances to industrial manufacturing components.

Differentiator

Problem solved

Functional benefit

Brands

• IFB Appliances: Home appliances division offering laundry, living, and kitchen products including washing machines, ovens, and other consumer appliances
• IFB Fine Blanking
• IFB Ultra Miles
• IFB Steel

Products and services

• IFB Appliances Home appliances division offering laundry, living, and kitchen products including washing machines (AI-powered wash cycles, inverter motors, Wi-Fi connectivity), ovens, and other household appliances sold to consumers through retail and e-commerce channels including Amazon and Flipkart. Q4 FY26 segment revenue was Rs 1,188.4 crore, up 11.39% YoY.
• IFB Fine Blanking Precision metal fine blanking components, tools, and related machine tools (straighteners, decoilers, strip loaders) supplied to automotive OEMs (Maruti Suzuki, Ford, Hyundai, Toyota, Tata Motors, Honda, Nissan, Hero, Yamaha, Royal Enfield, TVS, Bajaj, Ashok Leyland, Mahindra, JCB), switchgear makers, compressor manufacturers, and two-wheeler OEMs. The Fine Blanking process produces 100% shear edges with micron-level tolerances. IFB holds ~60% market share of the Indian Fine Blanking industry with over 50 top clients. Q4 FY26 Engineering segment revenue was Rs 268.81 crore, up 13.7% YoY.
• IFB Ultra Miles High-performance automotive components including sprocket kits, cam chains, and solid bush chain kits supplied to OEMs such as Ashok Leyland, Honda, Tata, and Yamaha for two-wheeler and four-wheeler applications.
• IFB Steel Cold rolled low, medium, and high carbon steel strips manufactured from HR coils through pickling, slitting, 4-HI cold rolling, bell annealing, and skin pass mill to finished CR slitting. Output thickness 0.30–4 mm and width up to 400 mm; pickling line and HR slitting capacity of 180,000 MT per annum. Used for fine blanking components, packing straps, tube and pipe products, saw and blade products, and metal paint cans. Q4 FY26 Steel segment revenue was Rs 50.09 crore, up 10.3% YoY.
• IFB Motors Motors manufactured at the Bangalore facility for white goods (washing machines, refrigerators, air conditioners) and automotive applications. Q4 FY26 Motor segment revenue was Rs 19.89 crore, growing 21.72% YoY.

Quantifiable outcome

• Q4 FY26 revenue grew 12.33% to Rs 1,498.20 crore with net profit doubling to Rs 42.67 crore
• +2 more outcomes

Named customers18 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• TAAL (Thailand Factory)coreStrategic or Co-development Partner · 1 January 2010Associate company established in 2010 located at Amata City Industrial Estate, Rayong, Thailand. Enables IFB to serve Southeast Asian automotive manufacturers with Fine Blanked components. Part of IFB's strategy to be regarded amongst premier Fine Blanking companies globally.
• Hienrich Schmid AG (Switzerland)coreTechnology or Integration · 1 January 1974Original technology partnership from 1974 when IFB Industries (originally Indian Fine Blanks Limited) started operations in India in collaboration with Hienrich Schmid AG of Switzerland. This partnership established IFB's Fine Blanking technology capabilities in India.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Havells India: Havells is a broad incumbent in Indian consumer electricals and appliances, with overlapping exposure to washing machines, kitchen appliances, and motors. While its core is in switches and wires, its appliance division competes directly with IFB's portfolio for similar consumer and distribution channels.
• Samsung India Electronics: Samsung India is a broad incumbent in consumer durables that competes head-to-head with IFB Appliances in washing machines, air conditioners, and kitchen appliances. While its product portfolio is wider (including smartphones and TVs), Samsung's appliance business is directly comparable to IFB's consumer division in scale and channel presence.
• Bharat Forge: Bharat Forge is a broad incumbent Indian automotive and industrial components manufacturer serving global OEMs. While focused on forged and machined components rather than Fine Blanking, its scale, customer roster (global automotive OEMs), and manufacturing footprint make it a key comparable peer for IFB's Engineering segment.

Direct peers

• Sansera Engineering: Sansera Engineering is an Indian precision automotive component manufacturer serving two-wheeler, passenger vehicle, and commercial vehicle OEMs with forged and machined components. It is comparable to IFB's Engineering segment in terms of customer base, precision manufacturing profile, and Indian OEM relationships.
• Godrej Appliances: Godrej Appliances is a domestic Indian peer competing directly in refrigerators, washing machines, air conditioners, and kitchen appliances. Like IFB, it is an Indian-origin brand targeting similar mid-premium consumer segments, making it one of the closest comparable peers in the home appliance business.
• Voltas: Voltas is a Tata group company and a direct competitor in Indian air conditioners (where IFB Appliances also participates) and other consumer durables. Both are India-headquartered listed companies with similar distribution and brand profiles in the appliance segment.
• Sundaram Fasteners: Sundaram Fasteners is an India-based automotive components manufacturer supplying precision fasteners and critical components to leading OEMs. While not Fine Blanking specifically, it is the most direct comparable peer for IFB's Engineering/Fine Blanking business in terms of customer base (Indian automotive OEMs), precision manufacturing profile, and B2B sales motion.
• Whirlpool of India: Whirlpool of India is a direct competitor to IFB's home appliances business, particularly in washing machines and kitchen appliances. Both companies compete for the same Indian middle-class consumer, sell through similar retail/e-commerce channels, and are exposed to identical raw material and demand cycles in the Indian appliance market.
• LG Electronics India: LG Electronics India directly competes with IFB Appliances across washing machines, refrigerators, air conditioners, and kitchen appliances. Both brands target the premium segment of the Indian consumer durables market and have comparable e-commerce and retail distribution footprints.
• Endurance Technologies: Endurance Technologies is an Indian automotive components manufacturer supplying precision aluminum and ferrous components to two-wheeler and four-wheeler OEMs. Its product portfolio, customer mix (Hero, Bajaj, Maruti, Tata), and B2B manufacturing profile closely mirror IFB's Fine Blanking business.

Market position

Strengths1 record

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ifb-industries-ltd

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ifb Industries