IFB Industries Ltd
NSE:IFBIND
Income Statement
Earnings Waterfall
IFB Industries Ltd
Revenue
|
43.6B
INR
|
Cost of Revenue
|
-26B
INR
|
Gross Profit
|
17.6B
INR
|
Operating Expenses
|
-16.9B
INR
|
Operating Income
|
731.6m
INR
|
Other Expenses
|
-447.4m
INR
|
Net Income
|
284.2m
INR
|
Income Statement
IFB Industries Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
9 605
N/A
|
10 208
+6%
|
10 808
+6%
|
11 581
+7%
|
12 104
+5%
|
12 615
+4%
|
13 229
+5%
|
13 773
+4%
|
14 594
+6%
|
15 009
+3%
|
16 027
+7%
|
17 224
+7%
|
18 120
+5%
|
19 191
+6%
|
20 092
+5%
|
21 452
+7%
|
21 925
+2%
|
22 587
+3%
|
23 309
+3%
|
23 952
+3%
|
25 461
+6%
|
26 571
+4%
|
27 387
+3%
|
27 639
+1%
|
27 829
+1%
|
26 370
-5%
|
22 268
-16%
|
22 509
+1%
|
24 826
+10%
|
28 008
+13%
|
30 855
+10%
|
33 380
+8%
|
33 401
+0%
|
34 154
+2%
|
39 107
+15%
|
40 392
+3%
|
40 853
+1%
|
41 950
+3%
|
42 136
+0%
|
41 962
0%
|
43 578
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 418)
|
(6 457)
|
(6 332)
|
(6 783)
|
(7 011)
|
(7 832)
|
(7 485)
|
(7 816)
|
(8 410)
|
(9 522)
|
(9 338)
|
(10 178)
|
(10 796)
|
(12 872)
|
(12 366)
|
(13 068)
|
(12 940)
|
(14 278)
|
(13 043)
|
(13 187)
|
(14 628)
|
(17 237)
|
(16 355)
|
(16 520)
|
(16 164)
|
(16 615)
|
(12 420)
|
(12 469)
|
(13 738)
|
(17 444)
|
(17 349)
|
(19 038)
|
(19 554)
|
(23 045)
|
(24 004)
|
(24 945)
|
(25 148)
|
(28 381)
|
(25 427)
|
(25 079)
|
(25 957)
|
|
Gross Profit |
4 186
N/A
|
3 751
-10%
|
4 475
+19%
|
4 796
+7%
|
5 092
+6%
|
4 783
-6%
|
5 745
+20%
|
5 959
+4%
|
6 185
+4%
|
5 487
-11%
|
6 689
+22%
|
7 046
+5%
|
7 324
+4%
|
6 320
-14%
|
7 727
+22%
|
8 385
+9%
|
8 986
+7%
|
8 310
-8%
|
10 267
+24%
|
10 767
+5%
|
10 835
+1%
|
9 333
-14%
|
11 033
+18%
|
11 119
+1%
|
11 665
+5%
|
9 755
-16%
|
9 848
+1%
|
10 040
+2%
|
11 088
+10%
|
10 565
-5%
|
13 507
+28%
|
14 342
+6%
|
13 847
-3%
|
11 109
-20%
|
15 102
+36%
|
15 447
+2%
|
15 705
+2%
|
13 569
-14%
|
16 709
+23%
|
16 883
+1%
|
17 621
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(4 056)
|
(3 370)
|
(4 052)
|
(4 180)
|
(4 457)
|
(4 277)
|
(5 391)
|
(5 703)
|
(6 004)
|
(5 191)
|
(6 395)
|
(6 625)
|
(6 755)
|
(5 729)
|
(7 240)
|
(7 646)
|
(8 222)
|
(7 271)
|
(9 130)
|
(9 815)
|
(9 910)
|
(8 617)
|
(10 208)
|
(10 429)
|
(10 952)
|
(9 439)
|
(10 271)
|
(10 246)
|
(10 709)
|
(9 418)
|
(12 434)
|
(13 441)
|
(13 773)
|
(11 678)
|
(15 063)
|
(15 400)
|
(15 639)
|
(13 127)
|
(16 311)
|
(16 490)
|
(16 889)
|
|
Selling, General & Administrative |
(989)
|
(3 017)
|
(1 026)
|
(1 064)
|
(1 141)
|
(3 737)
|
(1 309)
|
(1 384)
|
(1 460)
|
(4 594)
|
(1 573)
|
(1 599)
|
(1 601)
|
(5 110)
|
(1 762)
|
(1 911)
|
(2 076)
|
(6 519)
|
(2 271)
|
(2 397)
|
(2 495)
|
(7 799)
|
(2 748)
|
(2 802)
|
(2 895)
|
(8 255)
|
(2 921)
|
(2 975)
|
(3 037)
|
(8 097)
|
(3 324)
|
(3 482)
|
(3 611)
|
(10 172)
|
(3 784)
|
(3 846)
|
(3 983)
|
(11 514)
|
(4 150)
|
(4 253)
|
(4 313)
|
|
Depreciation & Amortization |
(216)
|
(226)
|
(180)
|
(217)
|
(249)
|
(406)
|
(516)
|
(544)
|
(569)
|
(454)
|
(444)
|
(436)
|
(429)
|
(442)
|
(464)
|
(487)
|
(515)
|
(538)
|
(551)
|
(559)
|
(562)
|
(576)
|
(600)
|
(613)
|
(648)
|
(920)
|
(992)
|
(1 096)
|
(1 187)
|
(1 024)
|
(1 054)
|
(1 100)
|
(1 126)
|
(1 155)
|
(1 178)
|
(1 163)
|
(1 170)
|
(1 215)
|
(1 231)
|
(1 244)
|
(1 262)
|
|
Other Operating Expenses |
(2 852)
|
(127)
|
(2 848)
|
(2 899)
|
(3 068)
|
(134)
|
(3 566)
|
(3 777)
|
(3 976)
|
(143)
|
(4 378)
|
(4 590)
|
(4 725)
|
(176)
|
(5 016)
|
(5 248)
|
(5 631)
|
(215)
|
(6 309)
|
(6 861)
|
(6 853)
|
(243)
|
(6 860)
|
(7 015)
|
(7 409)
|
(265)
|
(6 359)
|
(6 176)
|
(6 486)
|
(297)
|
(8 058)
|
(8 860)
|
(9 038)
|
(351)
|
(10 100)
|
(10 391)
|
(10 485)
|
(398)
|
(10 931)
|
(10 993)
|
(11 314)
|
|
Operating Income |
131
N/A
|
381
+191%
|
424
+11%
|
618
+46%
|
636
+3%
|
507
-20%
|
353
-30%
|
253
-28%
|
178
-30%
|
297
+67%
|
292
-2%
|
420
+44%
|
569
+35%
|
591
+4%
|
486
-18%
|
739
+52%
|
764
+3%
|
1 038
+36%
|
1 137
+10%
|
950
-16%
|
923
-3%
|
716
-22%
|
824
+15%
|
690
-16%
|
714
+3%
|
316
-56%
|
(422)
N/A
|
(205)
+51%
|
379
N/A
|
1 146
+202%
|
1 072
-6%
|
901
-16%
|
74
-92%
|
(569)
N/A
|
40
N/A
|
47
+18%
|
66
+40%
|
441
+569%
|
398
-10%
|
393
-1%
|
732
+86%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(10)
|
(121)
|
(19)
|
(20)
|
(19)
|
6
|
(17)
|
(19)
|
(22)
|
2
|
(25)
|
(34)
|
(42)
|
17
|
(59)
|
(56)
|
(55)
|
34
|
(56)
|
(60)
|
(65)
|
5
|
(80)
|
(83)
|
(96)
|
(76)
|
(223)
|
(290)
|
(350)
|
(151)
|
(303)
|
(295)
|
(284)
|
(225)
|
(315)
|
(310)
|
(300)
|
(171)
|
(364)
|
(437)
|
(509)
|
|
Non-Reccuring Items |
0
|
(4)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
194
|
194
|
182
|
0
|
0
|
14
|
6
|
15
|
15
|
1
|
(16)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
1
|
0
|
0
|
0
|
56
|
0
|
0
|
0
|
14
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
96
|
36
|
77
|
85
|
142
|
27
|
174
|
161
|
104
|
42
|
118
|
150
|
164
|
42
|
152
|
136
|
152
|
69
|
165
|
142
|
136
|
38
|
135
|
152
|
153
|
22
|
137
|
137
|
194
|
9
|
229
|
252
|
207
|
67
|
186
|
188
|
178
|
63
|
262
|
272
|
302
|
|
Pre-Tax Income |
215
N/A
|
293
+36%
|
482
+65%
|
683
+42%
|
759
+11%
|
593
-22%
|
510
-14%
|
395
-23%
|
260
-34%
|
352
+35%
|
384
+9%
|
534
+39%
|
689
+29%
|
647
-6%
|
578
-11%
|
819
+42%
|
861
+5%
|
1 151
+34%
|
1 247
+8%
|
1 227
-2%
|
1 190
-3%
|
941
-21%
|
881
-6%
|
761
-14%
|
787
+3%
|
268
-66%
|
(492)
N/A
|
(342)
+30%
|
224
N/A
|
989
+342%
|
999
+1%
|
859
-14%
|
(2)
N/A
|
(737)
-36 750%
|
(88)
+88%
|
(74)
+16%
|
(55)
+26%
|
322
N/A
|
296
-8%
|
228
-23%
|
524
+130%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(47)
|
(77)
|
(112)
|
(175)
|
(182)
|
(95)
|
(81)
|
(27)
|
15
|
(38)
|
(20)
|
(77)
|
(143)
|
(131)
|
(152)
|
(222)
|
(245)
|
(359)
|
(385)
|
(378)
|
(333)
|
(230)
|
(209)
|
(216)
|
(274)
|
(10)
|
194
|
138
|
135
|
(348)
|
(310)
|
(235)
|
(118)
|
255
|
39
|
20
|
21
|
(172)
|
(172)
|
(130)
|
(240)
|
|
Income from Continuing Operations |
165
|
216
|
368
|
507
|
577
|
497
|
429
|
368
|
275
|
314
|
364
|
457
|
546
|
516
|
425
|
595
|
614
|
793
|
862
|
850
|
858
|
711
|
672
|
545
|
513
|
258
|
(298)
|
(204)
|
359
|
641
|
687
|
622
|
(122)
|
(482)
|
(50)
|
(55)
|
(34)
|
149
|
124
|
99
|
284
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
6
|
17
|
21
|
23
|
23
|
17
|
22
|
21
|
21
|
19
|
17
|
17
|
13
|
16
|
22
|
26
|
0
|
0
|
(10)
|
(17)
|
9
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
165
N/A
|
216
+31%
|
368
+70%
|
507
+38%
|
577
+14%
|
497
-14%
|
429
-14%
|
368
-14%
|
275
-25%
|
314
+14%
|
364
+16%
|
460
+26%
|
553
+20%
|
533
-4%
|
448
-16%
|
619
+38%
|
637
+3%
|
810
+27%
|
882
+9%
|
869
-1%
|
878
+1%
|
730
-17%
|
688
-6%
|
561
-18%
|
524
-7%
|
274
-48%
|
(277)
N/A
|
(178)
+36%
|
361
N/A
|
641
+78%
|
679
+6%
|
606
-11%
|
(113)
N/A
|
(482)
-327%
|
(50)
+90%
|
(55)
-10%
|
(34)
+38%
|
149
N/A
|
124
-17%
|
99
-21%
|
284
+188%
|
|
EPS (Diluted) |
4.02
N/A
|
5.26
+31%
|
8.97
+71%
|
12.36
+38%
|
14.07
+14%
|
12.12
-14%
|
10.46
-14%
|
8.97
-14%
|
6.7
-25%
|
7.65
+14%
|
8.87
+16%
|
11.21
+26%
|
13.48
+20%
|
13
-4%
|
11.2
-14%
|
15.09
+35%
|
15.53
+3%
|
19.75
+27%
|
21.51
+9%
|
21.19
-1%
|
21.41
+1%
|
17.8
-17%
|
16.78
-6%
|
13.68
-18%
|
13.1
-4%
|
6.68
-49%
|
-6.75
N/A
|
-4.45
+34%
|
8.8
N/A
|
15.63
+78%
|
16.56
+6%
|
14.78
-11%
|
-2.75
N/A
|
-11.75
-327%
|
-1.25
+89%
|
-1.34
-7%
|
-0.82
+39%
|
3.69
N/A
|
3
-19%
|
2.43
-19%
|
7.02
+189%
|