IFB Industries:

• Small cap stocks with a marekt cap of Rs.186 Crores.
• Cash balance is Rs.44.6 Crores.
• Business contributions: Home appliances (83%) and engineering products (17%).
• Home Appliance Products include: Washing machine, Dishwasher, Microwave oven, Refrigerator, Water purifier, chimney, modular kitchen, air conditions.
• Engineering product : major customer : Automobile industry.
• Superior yoy growth in turnover : in last 7 years, turnover jumped over 4 times.
• Reported tounaround in FY 2007 and networth tuned positive in FY 2009.
• IFB is a net importer : Record decline in Rupee is an immediate worry.