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IFB AGRO INDUSTRIES LTD (IFBAGRO)

Consumer Non-Durables

Quality scoreHow the business itself ranks against its sector peers on profitability, 3-year growth and leverage. 50 is the middle of the sector.57 / 100
Profitability 39Growth 48Balance sheet 86
Momentum scoreHow strong the recent trend is: 3-month price change, 12-month improvement in earnings and the rise in FII + DII holding, among companies above ₹500 cr.56 / 100
Price 33Earnings 81FII/DII 55
Compare withUNITED SPIRITS LIMITEDRADICO KHAITAN LTDUNITED BREWERIES LTD

Passes these screens: Cash Rich · Value Pick

Share Price
₹818.35
P/E
12.9x
ROCE
13.0%
Market Cap
₹767 cr
Revenue (TTM)
₹1510 cr
P/S
0.5x
P/B
1.1x
ROE
8.9%
Operating Margin
8.0%
Debt / Equity
0.1x
Promoter Holding
65.0%
12M Momentum
-38.2%
P/E vs its own history51st percentilesince Jan '19
P/E vs Consumer Non-Durables0.5xthe sector median

52-week range

₹679.15₹1790.00
13% of the way from its 52-week low to its high

Price risk

1Y volatility
57.9%
Beta vs sector
1-year daily
0.79

Balance sheet & cash

Interest cover
operating profit ÷ interest
12.4x
Cash from profit, 3Y
operating cash flow ÷ net profit
1.87x
Share count, 1Y
unchanged

Was the rally earned?

-38%share price, 1 yearLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 52 points, but investors now pay less per rupee of profit (P/E 39.8x to 12.9x), which took 90 points back.
  • The share count barely moved.
1 year Net profit growth: +52 pts. Points of the price return explained by net profit growing (or shrinking).+52 ptsP/E change: -90 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.-90 ptsShare count change: -1 pts. Points of the price return explained by the share count changing. More shares count against the price. -38% 1 year Net profit growth: +52 pts. Points of the price return explained by net profit growing (or shrinking).+52 ptsP/E change: -90 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.-90 ptsShare count change: -1 pts. Points of the price return explained by the share count changing. More shares count against the price. -38%
Net profit growth+52 ptsNet profit rose about 93%, which lifts the price.
P/E change-90 ptsThe P/E fell from 39.8x to 12.9x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+63%share price, 3 yearsEarnings and multiple

Both mattered.

  • Per-share earnings added 25 points and the multiple added 38 points (P/E 9.6x to 12.9x).
  • The share count barely moved.
3 years Net profit growth: +26 pts. Points of the price return explained by net profit growing (or shrinking).+26 ptsP/E change: +38 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+38 ptsShare count change: -1 pts. Points of the price return explained by the share count changing. More shares count against the price. +63% 3 years Net profit growth: +26 pts. Points of the price return explained by net profit growing (or shrinking).+26 ptsP/E change: +38 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+38 ptsShare count change: -1 pts. Points of the price return explained by the share count changing. More shares count against the price. +63%
Net profit growth+26 ptsNet profit rose about 22%, which lifts the price.
P/E change+38 ptsThe P/E rose from 9.6x to 12.9x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+20%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 28 points, but investors now pay less per rupee of profit (P/E 13.8x to 12.9x), which took 8 points back.
  • The share count barely moved.
5 years Net profit growth: +29 pts. Points of the price return explained by net profit growing (or shrinking).+29 ptsP/E change: -8 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.-8 ptsShare count change: -1 pts. Points of the price return explained by the share count changing. More shares count against the price. +20% 5 years Net profit growth: +29 pts. Points of the price return explained by net profit growing (or shrinking).+29 ptsP/E change: -8 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.-8 ptsShare count change: -1 pts. Points of the price return explained by the share count changing. More shares count against the price. +20%
Net profit growth+29 ptsNet profit rose about 30%, which lifts the price.
P/E change-8 ptsThe P/E fell from 13.8x to 12.9x, which lowers the price.
Share count change-1 ptsShare count was little changed. More shares would count against the price.
What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with UNITED SPIRITS

Is it expensive against its own past and its peers?

12.8xP/E todayWithin its usual range
Against its own history51st percentileMedian 12.8x; usual range 8.5x to 26.6x since 2019-01.
Against Consumer Non-Durables12.8x vs 25.4xBelow the Consumer Non-Durables median.
6.9x77.1x147.3x217.6xJan '19Aug '20Mar '22Oct '23May '25Oct '266.9x77.1x147.3x217.6xJan '19Aug '21Mar '24Oct '26
P/E (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

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P/B (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

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P/S (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median
How to read this

Shaded band: 10th to 90th percentile of the company's own P/E history; dashed line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).

Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.

All terms explained in the glossary →

How Consumer Non-Durables is valued

What is the price implying?

~16%annual earnings growth implied by the price

At a P/E of 21.3x, the price would imply about 16.0%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Below the ₹1,000 cr market-cap floor used for the lists.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Consumer Non-Durables The market-wide Expectations lists

What changed?

  1. Aug '26Moved into the 3rd quartile of Consumer Non-Durables on operating margin (from the bottom quartile).
  2. Jun '26Moved into the 3rd quartile of Consumer Non-Durables on ROCE (from the bottom quartile).
  3. May '26Volume reached 29.9x its 50-day median on 2026-05-05; price +8.0% that day.
  4. Mar '26Revenue (TTM) reached a new high of ₹1,269 cr.
  5. Mar '26Fell 61% from the Jan 2026 peak to the Mar 2026 low.
  6. Mar '26Slipped to the bottom quartile of Consumer Non-Durables on operating margin (from the 3rd quartile).
  7. Jan '26Regained the 2025-11 peak, 1 month after the low.
  8. Jan '26Volume reached 7.5x its 50-day median on 2026-01-08; price +7.4% that day.
Show 22 earlier events
  1. Dec '25Year-on-year EPS growth turned positive.
  2. Dec '25Fell 26% from the Nov 2025 peak to the Dec 2025 low.
  3. Dec '25Moved into the top quartile of Consumer Non-Durables on EPS growth (from the bottom quartile).
  4. Nov '25Volume reached 110.4x its 50-day median on 2025-11-03; price +9.1% that day.
  5. Sep '25Moved into the 3rd quartile of Consumer Non-Durables on operating margin (from the bottom quartile).
  6. Jul '25Regained the 2022-01 peak, 13 months after the low.
  7. Jul '25Volume reached 8.7x its 50-day median on 2025-07-30; price +5.0% that day.
  8. Jun '25Volume reached 89.6x its 50-day median on 2025-06-02; price +17.1% that day.
  9. Jan '25Volume reached 18.3x its 50-day median on 2025-01-30; price +5.6% that day.
  10. Dec '24EPS (TTM) turned positive.
  11. Dec '24P/E crossed above the 90th percentile of its own history to date (214.1x).
  12. Dec '24Volume reached 15.7x its 50-day median on 2024-12-12; price +5.0% that day.
  13. Jul '24Volume reached 121.4x its 50-day median on 2024-07-05; price +2.3% that day.
  14. Jun '24EPS (TTM) turned negative.
  15. Jun '24Fell 54% from the Jan 2022 peak to the Jun 2024 low.
  16. Jun '24Slipped to the bottom quartile of Consumer Non-Durables on ROCE (from the 3rd quartile).
  17. Jun '24Volume reached 7.5x its 50-day median on 2024-06-07; price +5.0% that day.
  18. Mar '24P/E fell below the 10th percentile of its own history to date (7.9x).
  19. Jan '24Volume reached 11.6x its 50-day median on 2024-01-01; price +5.7% that day.
  20. Nov '23Volume reached 5.5x its 50-day median on 2023-11-21; price -0.6% that day.
  21. Jul '23Volume reached 6.9x its 50-day median on 2023-07-06; price +4.0% that day.
  22. Jun '23Year-on-year EPS growth turned negative.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Are profits backed by cash?

6 of 7 checks are within range, 1 near a threshold.
Tap a check to see how it is measured.

Other income reliance22%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 21.9%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate28%Within range

Median quarterly effective tax rate over about 2.5 years: 27.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.87xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.87x (cash from operations ₹131 cr, net profit ₹70 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow4 of 5 yrsWithin range

Fiscal years with positive free cash flow in the last 5: 4. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history-7 daysWithin range

Debtor days are below the median of the previous three fiscal years by 7 days (24 vs 31). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress2% of fixed assetsWithin range

Capital work-in-progress is 2% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+5 days / 2 yrsWithin range

Days payable changed by +5 over two years. Bands: rise of up to 30 days; more than 30 days.

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

  • Over 2 years, FIIs added 0.5 pts.
  • The number of shareholders rose from 12,490 to 13,369 (+7%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters65.0%65.0%0.0 pts
FIIs0.2%0.7%+0.5 pts
DIIs1.1%1.1%0.0 pts
Public and others33.6%33.1%-0.5 pts

Number of shareholders

13,369shareholders+7% since Dec '23
10k11k12k13k Dec '23Sep '24Mar '25Sep '25Mar '26Jun '26
Dec '23: 12,490
Mar '24: 12,551
Sep '24: 11,705
Dec '24: 11,337
Mar '25: 11,194
Jun '25: 10,673
Sep '25: 10,109
Dec '25: 12,493
Mar '26: 13,292
Jun '26: 13,369
 10k11k12k13k Dec '23Dec '24Sep '25Jun '26
Dec '23: 12,490
Mar '24: 12,551
Sep '24: 11,705
Dec '24: 11,337
Mar '25: 11,194
Jun '25: 10,673
Sep '25: 10,109
Dec '25: 12,493
Mar '26: 13,292
Jun '26: 13,369

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

How rough has the ride been?

Maximum drawdown-75.9%recovered 2021-10
1-year volatility57.9%annualised
Beta vs sector index0.753-year daily, correlation 0.20
Volume spikes0last 90 sessions, 5x the 50-day median

Monthly share price

₹238₹611₹985₹1,358 Jan '19Aug '20Mar '22Oct '23May '25Oct '26
2019-01: ₹541.60
2019-02: ₹411.35
2019-03: ₹493.80
2019-04: ₹447.15
2019-05: ₹423.65
2019-06: ₹364.00
2019-07: ₹286.25
2019-08: ₹310.00
2019-09: ₹405.00
2019-10: ₹459.25
2019-11: ₹396.60
2019-12: ₹393.20
2020-01: ₹406.30
2020-02: ₹297.55
2020-03: ₹238.20
2020-04: ₹296.20
2020-05: ₹283.65
2020-06: ₹305.45
2020-07: ₹276.55
2020-08: ₹315.35
2020-09: ₹329.90
2020-10: ₹326.70
2020-11: ₹497.95
2020-12: ₹478.40
2021-01: ₹466.65
2021-02: ₹419.95
2021-03: ₹403.55
2021-04: ₹418.20
2021-05: ₹472.20
2021-06: ₹561.55
2021-07: ₹602.45
2021-08: ₹538.85
2021-09: ₹565.05
2021-10: ₹684.70
2021-11: ₹597.35
2021-12: ₹629.10
2022-01: ₹714.65
2022-02: ₹546.10
2022-03: ₹687.10
2022-04: ₹656.20
2022-05: ₹558.00
2022-06: ₹534.90
2022-07: ₹599.15
2022-08: ₹578.35
2022-09: ₹553.30
2022-10: ₹592.45
2022-11: ₹555.25
2022-12: ₹538.65
2023-01: ₹519.00
2023-02: ₹465.90
2023-03: ₹430.60
2023-04: ₹493.75
2023-05: ₹505.75
2023-06: ₹524.30
2023-07: ₹546.75
2023-08: ₹519.10
2023-09: ₹521.15
2023-10: ₹501.90
2023-11: ₹471.05
2023-12: ₹492.75
2024-01: ₹495.25
2024-02: ₹465.05
2024-03: ₹413.35
2024-04: ₹480.55
2024-05: ₹423.15
2024-06: ₹451.45
2024-07: ₹545.00
2024-08: ₹591.05
2024-09: ₹570.00
2024-10: ₹545.50
2024-11: ₹564.90
2024-12: ₹582.45
2025-01: ₹591.75
2025-02: ₹483.05
2025-03: ₹460.70
2025-04: ₹470.25
2025-05: ₹703.00
2025-06: ₹746.70
2025-07: ₹919.30
2025-08: ₹750.00
2025-09: ₹816.50
2025-10: ₹1324.20
2025-11: ₹1357.90
2025-12: ₹1356.90
2026-01: ₹1304.80
2026-02: ₹864.60
2026-03: ₹686.85
2026-04: ₹866.35
2026-05: ₹1044.15
2026-06: ₹913.10
2026-07: ₹978.25
2026-08: ₹899.20
2026-09: ₹891.65
2026-10: ₹818.35
 ₹238₹611₹985₹1,358 Jan '19Aug '21Mar '24Oct '26
2019-01: ₹541.60
2019-02: ₹411.35
2019-03: ₹493.80
2019-04: ₹447.15
2019-05: ₹423.65
2019-06: ₹364.00
2019-07: ₹286.25
2019-08: ₹310.00
2019-09: ₹405.00
2019-10: ₹459.25
2019-11: ₹396.60
2019-12: ₹393.20
2020-01: ₹406.30
2020-02: ₹297.55
2020-03: ₹238.20
2020-04: ₹296.20
2020-05: ₹283.65
2020-06: ₹305.45
2020-07: ₹276.55
2020-08: ₹315.35
2020-09: ₹329.90
2020-10: ₹326.70
2020-11: ₹497.95
2020-12: ₹478.40
2021-01: ₹466.65
2021-02: ₹419.95
2021-03: ₹403.55
2021-04: ₹418.20
2021-05: ₹472.20
2021-06: ₹561.55
2021-07: ₹602.45
2021-08: ₹538.85
2021-09: ₹565.05
2021-10: ₹684.70
2021-11: ₹597.35
2021-12: ₹629.10
2022-01: ₹714.65
2022-02: ₹546.10
2022-03: ₹687.10
2022-04: ₹656.20
2022-05: ₹558.00
2022-06: ₹534.90
2022-07: ₹599.15
2022-08: ₹578.35
2022-09: ₹553.30
2022-10: ₹592.45
2022-11: ₹555.25
2022-12: ₹538.65
2023-01: ₹519.00
2023-02: ₹465.90
2023-03: ₹430.60
2023-04: ₹493.75
2023-05: ₹505.75
2023-06: ₹524.30
2023-07: ₹546.75
2023-08: ₹519.10
2023-09: ₹521.15
2023-10: ₹501.90
2023-11: ₹471.05
2023-12: ₹492.75
2024-01: ₹495.25
2024-02: ₹465.05
2024-03: ₹413.35
2024-04: ₹480.55
2024-05: ₹423.15
2024-06: ₹451.45
2024-07: ₹545.00
2024-08: ₹591.05
2024-09: ₹570.00
2024-10: ₹545.50
2024-11: ₹564.90
2024-12: ₹582.45
2025-01: ₹591.75
2025-02: ₹483.05
2025-03: ₹460.70
2025-04: ₹470.25
2025-05: ₹703.00
2025-06: ₹746.70
2025-07: ₹919.30
2025-08: ₹750.00
2025-09: ₹816.50
2025-10: ₹1324.20
2025-11: ₹1357.90
2025-12: ₹1356.90
2026-01: ₹1304.80
2026-02: ₹864.60
2026-03: ₹686.85
2026-04: ₹866.35
2026-05: ₹1044.15
2026-06: ₹913.10
2026-07: ₹978.25
2026-08: ₹899.20
2026-09: ₹891.65
2026-10: ₹818.35

Last 90 trading days

₹780₹868₹956₹1,045 Jun 23Jul 20Aug 13Sep 8Oct 6Oct 30
2026-06-23: ₹902.70
2026-06-25: ₹896.80
2026-06-30: ₹913.10
2026-07-02: ₹952.35
2026-07-06: ₹963.15
2026-07-08: ₹920.60
2026-07-10: ₹957.60
2026-07-14: ₹984.45
2026-07-16: ₹970.60
2026-07-20: ₹974.75
2026-07-22: ₹946.80
2026-07-24: ₹994.85
2026-07-28: ₹1026.35
2026-07-30: ₹962.25
2026-08-03: ₹984.00
2026-08-05: ₹978.35
2026-08-07: ₹973.75
2026-08-11: ₹990.10
2026-08-13: ₹1021.00
2026-08-17: ₹1038.15
2026-08-19: ₹992.10
2026-08-21: ₹1001.50
2026-08-25: ₹959.30
2026-08-27: ₹946.15
2026-08-31: ₹899.20
2026-09-02: ₹897.65
2026-09-04: ₹903.30
2026-09-08: ₹887.05
2026-09-10: ₹874.80
2026-09-15: ₹861.10
2026-09-17: ₹865.15
2026-09-21: ₹870.00
2026-09-23: ₹864.80
2026-09-25: ₹858.60
2026-09-29: ₹905.45
2026-10-01: ₹866.95
2026-10-06: ₹874.15
2026-10-08: ₹866.95
2026-10-12: ₹864.00
2026-10-14: ₹915.10
2026-10-16: ₹863.60
2026-10-21: ₹841.85
2026-10-23: ₹785.65
2026-10-27: ₹817.50
2026-10-29: ₹809.55
2026-10-30: ₹818.35
 ₹780₹868₹956₹1,045 Jun 23Aug 5Sep 17Oct 30
2026-06-23: ₹902.70
2026-06-25: ₹896.80
2026-06-30: ₹913.10
2026-07-02: ₹952.35
2026-07-06: ₹963.15
2026-07-08: ₹920.60
2026-07-10: ₹957.60
2026-07-14: ₹984.45
2026-07-16: ₹970.60
2026-07-20: ₹974.75
2026-07-22: ₹946.80
2026-07-24: ₹994.85
2026-07-28: ₹1026.35
2026-07-30: ₹962.25
2026-08-03: ₹984.00
2026-08-05: ₹978.35
2026-08-07: ₹973.75
2026-08-11: ₹990.10
2026-08-13: ₹1021.00
2026-08-17: ₹1038.15
2026-08-19: ₹992.10
2026-08-21: ₹1001.50
2026-08-25: ₹959.30
2026-08-27: ₹946.15
2026-08-31: ₹899.20
2026-09-02: ₹897.65
2026-09-04: ₹903.30
2026-09-08: ₹887.05
2026-09-10: ₹874.80
2026-09-15: ₹861.10
2026-09-17: ₹865.15
2026-09-21: ₹870.00
2026-09-23: ₹864.80
2026-09-25: ₹858.60
2026-09-29: ₹905.45
2026-10-01: ₹866.95
2026-10-06: ₹874.15
2026-10-08: ₹866.95
2026-10-12: ₹864.00
2026-10-14: ₹915.10
2026-10-16: ₹863.60
2026-10-21: ₹841.85
2026-10-23: ₹785.65
2026-10-27: ₹817.50
2026-10-29: ₹809.55
2026-10-30: ₹818.35

Drawdown from peak

0% -37% -73% Jan '19Dec '22Oct '26 0% -37% -73% Jan '19Dec '22Oct '26
Largest drawdowns

-75.9% (2019-01 peak to 2020-03 low, recovered 2021-10)

-61.0% (2026-01 peak to 2026-03 low, not yet recovered)

-54.4% (2022-01 peak to 2024-06 low, recovered 2025-07)

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Where does it rank among Consumer Non-Durables peers?

Each cell is the company's percentile rank among its Consumer Non-Durables peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Oct '26
Lower rank Higher rank

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Consumer Non-Durables sector page Watch it move against Consumer Non-Durables in the Observatory

What else looks like this?

Companies with the most similar financial profile today, regardless of industry.

CompanySectorSimilarityClosest on
EVEREST KANTO CYLINDERS (EKC)Producer Manufacturing68%revenue, debt/equity
JAYANT AGRO-ORGANICS (JAYAGROGN)Process Industries67%P/E, market cap
JAGRAN PRAKASHAN (JAGRAN)Consumer Services66%ROCE, EPS growth
INDIA PESTICIDES (IPL)Process Industries62%debt/equity, P/E
CHAMAN LAL SETIA EXPORTS (CLSEL)Process Industries60%revenue, debt/equity
RUPA & COMPANY (RUPA)Consumer Non-Durables70%P/E, operating margin
BCL INDUSTRIES (BCLIND)Consumer Non-Durables53%market cap, ROCE
DOLLAR INDUSTRIES (DOLLAR)Consumer Non-Durables53%P/E, ROCE

Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.

What happened next to similar setups

−7.1%typical 12-month return vs the marketNot meaningfully different from the base rate
  • We found 50 past situations where a non-financial company looked like IFB AGRO INDUSTRIES LTD today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
  • Over the following 12 months the middle half of them returned −24% to +36% vs the market, against −4% for all non-financial companies in the same months.
  • The gap against the base rate (−3.6%, 80% range −10.0% to +5.7%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
NOVAAGRI · Jun 2025: −51.8% vs market
DEVIT · Oct 2025: −51.1% vs market
ASTRON · Mar 2022: −50.5% vs market
ALANKIT · Jun 2025: −43.7% vs market
ADSL · Oct 2025: −36.1% vs market
KOPRAN · Dec 2024: −32.7% vs market
THOMASCOOK · Feb 2025: −30.2% vs market
STERTOOLS · May 2025: −28.7% vs market
DTIL · Oct 2021: −26.9% vs market
TAKE · May 2020: −25.8% vs market
OMINFRAL · Nov 2024: −24.5% vs market
BCLIND · Sep 2024: −24.4% vs market
GTPL · Jul 2024: −24.1% vs market
PARACABLES · Apr 2025: −23.6% vs market
AARVI · Oct 2023: −23.1% vs market
EKC · Jul 2025: −21.2% vs market
SHANKARA · Dec 2023: −17.6% vs market
ZIMLAB · May 2024: −16.3% vs market
UDS · Aug 2025: −14.1% vs market
LINC · Apr 2025: −11.6% vs market
PARAGMILK · May 2020: −11.4% vs market
SHREEPUSHK · Jan 2023: −10.8% vs market
IFGLEXPOR · Feb 2022: −10.4% vs market
BBL · May 2025: −8.5% vs market
SARLAPOLY · Nov 2022: −7.1% vs market
KITEX · Jan 2023: −7.0% vs market
PYRAMID · Oct 2025: −5.2% vs market
VETO · Jan 2022: −3.7% vs market
RICOAUTO · Mar 2020: −0.7% vs market
MANINDS · Jan 2025: +5.5% vs market
AXISCADES · Nov 2020: +6.6% vs market
JOCIL · Mar 2021: +8.9% vs market
CLEDUCATE · May 2024: +11.1% vs market
INSECTICID · Dec 2020: +11.9% vs market
KRYSTAL · Mar 2025: +20.3% vs market
VINDHYATEL · May 2025: +28.8% vs market
CONFIPET · Jul 2022: +33.9% vs market
NELCAST · Feb 2020: +36.4% vs market
MMP · Nov 2022: +38.3% vs market
WELENT · Mar 2020: +52.3% vs market
DATAMATICS · Apr 2020: +52.6% vs market
SUNFLAG · Dec 2021: +56.1% vs market
GNA · Jul 2022: +57.0% vs market
MIRZAINT · Dec 2020: +63.5% vs market
PRECAM · Jun 2020: +71.7% vs market
SURYAROSNI · Aug 2022: +76.5% vs market
QUESS · Mar 2020: +82.4% vs market
ASAL · May 2023: +90.6% vs market
ACE · Mar 2020: +150.8% vs market
TDPOWERSYS · Jun 2021: +153.9% vs market
Similar setups −7.1%All companies −3.5%← worse than the marketbetter than the market →

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 2 beyond the range shown, drawn at the edge

Similar setups' median
−7.1%
All companies' median
−3.5%
Beat the market
42% vs 46%

50 past situations · 50 companies · 35 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
EKC
Producer Manufacturing		 Jul 2025 15x12% −24%−43% −21%
PARACABLES
Producer Manufacturing		 Apr 2025 15x15% −35%−50% −24%
JOCIL
Process Industries		 Mar 2021 10x10% +55%−36% +9%
SHREEPUSHK
Process Industries		 Jan 2023 9x16% −27%−48% −11%
MMP
Non-Energy Minerals		 Nov 2022 11x15% −10%−39% +38%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
VETO
Producer Manufacturing		 Jan 2022 14x11% +21%−33% −4%
STERTOOLS
Producer Manufacturing		 May 2025 18x15% −8%−56% −29%
TDPOWERSYS
Producer Manufacturing		 Jun 2021 13x12% +56%−20% +154%
How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, P/E and ROCE. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to IFB AGRO INDUSTRIES LTD. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-10-30. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

FeatureWeightNon-financialFinancial
P/E1yesyes
P/S1yes—
P/B1—yes
ROCE1yes—
operating margin1yes—
ROE1—yes
debt/equity0.75yes—
interest cover0.5yes—
revenue growth0.75yesyes
12-month momentum1yesyes
drawdown from 12-month high0.75yesyes
size0.75yesyes
volatility0.5yesyes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

  • One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
  • Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
  • Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
  • Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
  • Pools: non-financial: 97,430 company-months from 2000 companies; financial: 5,632 company-months from 106 companies. 2240 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.
Monthly history (94 months)
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1012.9x₹1510 cr8.9%13.0%0.1x
2026-0914.0x₹1510 cr8.8%13.0%0.1x
2026-0814.9x₹1405 cr8.3%13.0%0.1x
2026-0716.2x₹1405 cr8.3%13.0%0.1x
2026-0615.1x₹1405 cr8.3%13.0%0.1x
2026-0520.5x₹1269 cr7.9%6.0%0.0x
2026-0417.0x₹1269 cr7.9%6.0%0.0x
2026-0313.5x₹1269 cr7.9%6.0%0.0x
2026-0215.6x₹1222 cr8.5%6.0%0.0x
2026-0123.6x₹1222 cr8.5%6.0%0.0x
2025-1224.5x₹1222 cr8.5%6.0%0.0x
2025-1140.8x₹1087 cr5.1%6.0%0.0x
2025-1039.8x₹1087 cr5.1%6.0%0.0x
2025-0924.5x₹1087 cr5.1%6.0%0.0x
2025-0831.5x₹1059 cr3.6%6.0%0.0x
2025-0738.6x₹1059 cr3.6%6.0%0.0x
2025-0631.3x₹1059 cr3.6%6.0%0.0x
2025-0534.9x₹1043 cr3.3%-2.0%0.0x
2025-0423.3x₹1043 cr3.3%-2.0%0.0x
2025-0322.9x₹1043 cr3.3%-2.0%0.0x
2025-02177.6x₹992 cr0.5%-2.0%0.0x
2025-01217.6x₹992 cr0.5%-2.0%0.0x
2024-12214.1x₹992 cr0.5%-2.0%0.0x
2024-11—₹964 cr-0.3%-2.0%0.0x
2024-10—₹964 cr-0.3%-2.0%0.0x
2024-09—₹964 cr-0.3%-2.0%0.0x
2024-08—₹931 cr-1.4%-2.0%0.0x
2024-07—₹931 cr-1.4%-2.0%0.0x
2024-06—₹931 cr-1.4%-2.0%0.0x
2024-058.1x₹1247 cr8.9%13.0%0.0x
2024-049.2x₹1247 cr8.9%13.0%0.0x
2024-037.9x₹1247 cr8.9%13.0%0.0x
2024-028.9x₹1247 cr8.9%13.0%0.0x
2024-019.4x₹1247 cr8.9%13.0%0.0x
2023-129.4x₹1247 cr8.9%13.0%0.0x
2023-119.0x₹1247 cr8.9%13.0%0.0x
2023-109.6x₹1247 cr8.9%13.0%0.0x
2023-099.9x₹1247 cr8.9%13.0%0.0x
2023-089.9x₹1247 cr8.9%13.0%0.0x
2023-0710.4x₹1247 cr8.9%13.0%0.0x
2023-0610.0x₹1247 cr8.9%13.0%0.0x
2023-058.1x₹1011 cr11.8%15.0%0.0x
2023-047.9x₹1011 cr11.8%15.0%0.0x
2023-036.9x₹1011 cr11.8%15.0%0.0x
2023-027.5x₹1011 cr11.8%15.0%0.0x
2023-018.3x₹1011 cr11.8%15.0%0.0x
2022-128.6x₹1011 cr11.8%15.0%0.0x
2022-118.9x₹1011 cr11.8%15.0%0.0x
2022-109.5x₹1011 cr11.8%15.0%0.0x
2022-098.9x₹1011 cr11.8%15.0%0.0x
2022-089.3x₹1011 cr11.8%15.0%0.0x
2022-079.6x₹1011 cr11.8%15.0%0.0x
2022-068.6x₹1011 cr11.8%15.0%0.0x
2022-0511.3x₹702 cr10.4%14.0%0.0x
2022-0413.3x₹702 cr10.4%14.0%0.0x
2022-0313.9x₹702 cr10.4%14.0%0.0x
2022-0211.0x₹702 cr10.4%14.0%0.0x
2022-0114.4x₹702 cr10.4%14.0%0.0x
2021-1212.7x₹702 cr10.4%14.0%0.0x
2021-1112.1x₹702 cr10.4%14.0%0.0x
2021-1013.8x₹702 cr10.4%14.0%0.0x
2021-0911.4x₹702 cr10.4%14.0%0.0x
2021-0810.9x₹702 cr10.4%14.0%0.0x
2021-0712.2x₹702 cr10.4%14.0%0.0x
2021-0611.3x₹702 cr10.4%14.0%0.0x
2021-0519.9x₹986 cr5.8%5.0%0.0x
2021-0417.7x₹986 cr5.8%5.0%0.0x
2021-0317.0x₹986 cr5.8%5.0%0.0x
2021-0217.7x₹986 cr5.8%5.0%0.0x
2021-0119.7x₹986 cr5.8%5.0%0.0x
2020-1220.2x₹986 cr5.8%5.0%0.0x
2020-1121.0x₹986 cr5.8%5.0%0.0x
2020-1013.8x₹986 cr5.8%5.0%0.0x
2020-0913.9x₹986 cr5.8%5.0%0.0x
2020-0813.3x₹986 cr5.8%5.0%0.0x
2020-0711.7x₹986 cr5.8%5.0%0.0x
2020-0612.9x₹986 cr5.8%5.0%0.0x
2020-058.5x₹945 cr8.4%10.0%0.1x
2020-048.8x₹945 cr8.4%10.0%0.1x
2020-037.1x₹945 cr8.4%10.0%0.1x
2020-028.9x₹945 cr8.4%10.0%0.1x
2020-0112.1x₹945 cr8.4%10.0%0.1x
2019-1211.7x₹945 cr8.4%10.0%0.1x
2019-1111.8x₹945 cr8.4%10.0%0.1x
2019-1013.7x₹945 cr8.4%10.0%0.1x
2019-0912.1x₹945 cr8.4%10.0%0.1x
2019-089.3x₹945 cr8.4%10.0%0.1x
2019-078.5x₹945 cr8.4%10.0%0.1x
2019-0610.9x₹945 cr8.4%10.0%0.1x
2019-0513.9x₹893 cr8.5%—0.1x
2019-0414.6x₹893 cr8.5%—0.1x
2019-0316.2x₹893 cr8.5%—0.1x
2019-0213.5x₹893 cr8.5%—0.1x
2019-0117.7x₹893 cr8.5%—0.1x

Methodology and data notes

Methodology

Methodology and data notes

All figures come from public exchange prices and screener.in financial statements. Quarterly and annual results are shown from 60 days after the period end, so a month never uses a result before it would plausibly have been published. Statements are the latest versions, which may include later restatements.

Sector medians, percentiles and indices use today's listed companies in the sector (survivorship bias). Prices are adjusted for splits and bonus issues; around a corporate action the fundamentals may lag the price by up to a month, and affected sections are hidden.

The return decomposition uses price = P/E × net profit ÷ share count. The reverse DCF uses a fixed 12% cost of equity, a 10-year horizon and a 15x terminal P/E, and is an illustration only. Events, flags and twins follow fixed rules and thresholds described next to each section.

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