IFBIND2023-07-012023-09-30 IFBIND2023-07-012023-09-30 IFBIND2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member IFBIND2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member IFBIND2023-09-30 IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue03Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue04Member IFBIND2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member IFBIND2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member IFBIND2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue03Member IFBIND2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue04Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults03Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults04Member IFBIND2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member IFBIND2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member IFBIND2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults03Member IFBIND2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults04Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets03Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets04Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member IFBIND2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member IFBIND2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member IFBIND2023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member IFBIND2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member IFBIND2023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 505726 IFBIND NA IFB Industries Limited Equity 2023-04-01 2024-03-31 2023-11-02 2023-10-27 INR Crores Half yearly 12:00:00 18:15:00 2023-11-02 2023-11-02 true Cash Flow Indirect Not applicable Multi segment 2023-07-01 2023-09-30 Unaudited Standalone 10680600000.00 60600000.00 10741200000.00 5132200000.00 1332500000.00 -404500000.00 1075500000.00 68500000.00 297800000.00 2857200000.00 10359200000.00 382000000.00 0.00 382000000.00 91300000.00 3800000.00 95100000.00 0.00 286900000.00 0.00 0.00 0.00 0.00 286900000.00 -2300000.00 284600000.00 0.00 0.00 412800000.00 10 7.08 7.08 0.00 0.00 7.08 7.08 NOTES: (1) The standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on 2 November 2023. This Statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by circular number CIR/CFD/FAC/62/2016 dated 5 July 2016. (2) Finance cost as stated in the financial results includes the following: Qtr ended 30.09.2023: -------------------------- Interest on borrowings - Rs. 2.71 crores Interest on lease liabilities - Rs. 3.08 crores Finance cost on warranty provision - Rs. 1.03 crores Others - Rs. 0.03 crores Qtr ended 30.06.2023: -------------------------- Interest on borrowings - Rs. 3.17 crores Interest on lease liabilities - Rs. 3.19 crores Finance cost on warranty provision - Rs. 1.03 crores Others - Rs. 0.02 crores Qtr ended 30.09.2022: -------------------------- Interest on borrowings - Rs. 3.60 crores Interest on lease liabilities - Rs. 2.99 crores Finance cost on warranty provision - Rs. 0.67 crores Others - Rs.0.07 crores Six months ended 30.09.2023: ------------------------------------ Interest on borrowings - Rs. 5.88 crores Interest on lease liabilities - Rs. 6.27 crores Finance cost on warranty provision - Rs. 2.06 crores Others - Rs.0.05 crores Six months ended 30.09.2022: ------------------------------------ Interest on borrowings - Rs. 7.23 crores Interest on lease liabilities - Rs. 5.81 crores Finance cost on warranty provision - Rs. 1.33 crores Others - Rs.0.18 crores Year ended 31.03.2023: -------------------------- Interest on borrowings - Rs. 13.80 crores Interest on lease liabilities - Rs. 12.45 crores Finance cost on warranty provision - Rs. 2.66 crores Others - Rs.0.24 crores (3) The Company is primarily engaged in business of engineering (fine blanked components and stamping), home appliances, motors and steel. Accordingly the Company considers the above business segment as the primary segment. These segments have been reported in the manner consistent with the internal reporting to the divisional Chief Executive Officers who are the chief operating decision makers. Multi segment 2023-04-01 2023-09-30 Unaudited Standalone 21231300000.00 138400000.00 21369700000.00 10441900000.00 2163400000.00 -189900000.00 2131000000.00 142600000.00 595000000.00 5668200000.00 20952200000.00 417500000.00 0.00 417500000.00 101600000.00 2700000.00 104300000.00 0.00 313200000.00 0.00 0.00 0.00 0.00 313200000.00 -4300000.00 308900000.00 0.00 0.00 412800000.00 10 7.73 7.73 0.00 0.00 7.73 7.73 Other Expenses 2857200000.00 Other Expenses 5668200000.00 4807500000.00 93600000.00 1100000.00 135500000.00 267000000.00 8100000.00 1208500000.00 5500000.00 187500000.00 1401500000.00 154300000.00 1564700000.00 8433300000.00 5688400000.00 1496300000.00 3862800000.00 892500000.00 137600000.00 4700000.00 106600000.00 6500500000.00 1074600000.00 13263500000.00 21696800000.00 412800000.00 6461700000.00 6874500000.00 6874500000.00 370000000.00 1120000000.00 1490000000.00 608200000.00 158400000.00 442100000.00 2698700000.00 1065800000.00 9069400000.00 404400000.00 10539600000.00 1440000000.00 97300000.00 46700000.00 12123600000.00 14822300000.00 21696800000.00 (1) Other non-current assets : Right of use assets - Rs. 141.80 crores Other non-current assets - Rs. 14.67 crores Total : Rs. 156.47 crores (2) Deferred tax assets (net): Deferred tax asset (net) - Nil Income tax assets (net) - Rs. 15.43 crores Total: Rs. 15.43 crores (3) Other non-current financial liabilities Lease liabilities - Rs. 111.66 crores Other non-current financial liabilities - Rs.0.34 crores Total Rs. 112.00 crores (4) Other non-current liabilities of Rs. 44.21 crores includes the following: (a) Deferred government grants, non-current Rs. 17.69 lacs (b) Other non-current liabilities Rs. 26.52 crores (5) Trade payables is inclusive of dues to micro enterprises and small enterprises Rs. 22.41 crores (6) Other current liabilities of Rs. 144.00 crores includes the following: (a) Deferred government grants, non-current Rs. 1.76 lacs (b) Other non-current liabilities Rs. 142.24 crores (7) Other current financial liabilities: Lease liabilities - Rs. 25.86 crores Other current financial liabilities - Rs. 14.58 crores Total Rs. 40.44 crores Engineering 1908100000.00 Home Appliances 8455900000.00 Motor 154700000.00 Steel 376700000.00 Engineering 3697000000.00 Home Appliances 16913600000.00 Motor 317400000.00 Steel 752700000.00 10895400000.00 21680700000.00 214800000.00 449400000.00 10680600000.00 21231300000.00 Engineering 213300000.00 Home Appliances 333700000.00 Motor -4500000.00 Steel -6900000.00 Engineering 358100000.00 Home Appliances 390700000.00 Motor -3600000.00 Steel -15400000.00 535600000.00 729800000.00 68500000.00 142600000.00 85100000.00 Other Unallocable expenditure net of unallocable income for the 3 months ended 30.09.2023 includes the following: (i) Eliminations (-) Rs. 0.45 crores (ii) Other un-allocable expenditure net off un-allocable income Rs. 8.96 crores Total Rs. 8.51 crores Other Unallocable expenditure net of unallocable income for the year to date figures for the current period ended 31.03.2023 includes the following: (i) Eliminations Rs. 0.13 crores (ii) Other un-allocable expenditure net off un-allocable income Rs. 16.84 crores Total Rs. 16.97 crores 169700000.00 382000000.00 417500000.00 Engineering 3762500000.00 Home Appliances 14121500000.00 Motor 298400000.00 Steel 678600000.00 18861000000.00 2835800000.00 21696800000.00 Engineering 2021000000.00 Home Appliances 11941400000.00 Motor 167200000.00 Steel 354900000.00 14484500000.00 337800000.00 14822300000.00 121500000.00 -20200000.00 51500000.00 0.00 -508300000.00 0.00 0.00 13400000.00 0.00 973400000.00 0.00 267000000.00 0.00 595000000.00 0.00 70500000.00 0.00 3200000.00 0.00 -33200000.00 0.00 13400000.00 0.00 -27800000.00 0.00 -9600000.00 0.00 1000000.00 0.00 1484000000.00 1901500000.00 0.00 0.00 0.00 56000000.00 0.00 1845500000.00 0.00 0.00 200100000.00 760000000.00 0.00 0.00 0.00 0.00 600000.00 335100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4000000.00 0.00 72700000.00 0.00 -817700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 17600000.00 555400000.00 0.00 249400000.00 0.00 64900000.00 0.00 0.00 -852100000.00 175700000.00 0.00 175700000.00 716800000.00 892500000.00 -3100000.00 -5800000.00 -800000.00 -1500000.00