CMP: 60

IFB Industries Ltd. manufactures household appliances, machine tools, and automobile parts. The Company produces washing machines, clothes dryers, microwave ovens, and household and commercial dishwashers; machine tools such as straightners, decoilers and strip loaders; motors for appliances; and automobile parts.

IFB Industries is a 215 Crore penny cap stock. Its currently trading at a P/E of over 4. The company runs on Zero debt with 28 Crores of Cash in hand. Revenues have risen from 325 Crores to 680 Crores in the last 5 years. Profits have risen from 35 Crores to 50 Crores in the last 5 years. NPM is currently at less than 8%. Buy and hold for long term gains.