IFB Company Profile, Origin Country, Market Cap

IFB Industries Limited is an Indian multinational conglomerate headquartered in Kolkata, India. It has diversified business interests across multiple segments. IFB’s largest division is the home appliances division which manufactures washing machines, dishwashers, microwave ovens, air-conditioners, built-in ovens, modular kitchen units and others. Apart from home appliances, the conglomerate also manufactures motor vehicle parts, press tools, machine tools, industrial dry cleaning systems and other components and tools for automotive and industrial applications and white goods.

IFB

Details Info
Founded 1974
Founder Bijon Nag
Headquarters Kolkata, West Bengal, India
CEO Partha Sen
Sector Consumer durables, Industrial tools

Company Profile

IFB was established as Indian Fine Blanks Limited in collaboration with Heinrich Schmid AG of Switzerland in the year 1974. The company commenced operations by manufacturing fine blanking tools and components for high-precision industries like automotive and appliances. In the year 1989, the company opened its manufacturing facility in Bangalore and rebranded as IFB Industries Limited.

IFB entered the home appliances market in the 1980s by launching products like washing machines. By the 1990s, the company had expanded into consumer durables, including microwave ovens, dishwashers and clothes dryers.

IFB has a network of around 530 retail outlets for direct sales, which are known as IFB Point. 80% of the company’s revenues come from its home appliances division.

Origin Country

IFB Industries Limited has its origins in India. The company was founded at and is currently headquartered in Kolkata. IFB operates manufacturing facilities in Kolkata, Bangalore and Goa. It exports its products to multiple regions, including Asia, Africa, Europe and the Middle East.

Market Cap

Market capitalisation of IFB Industries Limited is 70.30 billion rupees, while its share price is INR 1735, as on October 2025. The company’s revenues have grown at a compounded annual growth rate of 14% in the last 5 years. Its operating profit margin improved to 6% in 2025, up from 1% in 2022.

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