ITTEFAQ Ittefaq Iron Industries Limited

Ittefaq Iron Industries Limited (ITTEFAQ) financial ratios

Ittefaq Iron Industries Limited earned a net margin of -13.4% in FY2026 against a five-year average of -14.7% (Engineering median 3.2%). Return on equity was -9.7%, compared with a sector median of 5.0%. The current ratio stood at 1.81× and debt was 39.3% of equity. Cash took about 393 days to cycle through receivables, inventory and payables.

FY2026 vs the Engineering median

Gross margin: -4.0%; Sector median 6.3%
Operating margin: -10.4%; Sector median 6.5%
Net margin: -13.4%; Sector median 3.2%
Return on equity (ROE): -9.7%; Sector median 5.0%
Return on assets (ROA): -5.9%; Sector median 2.3%
Current ratio: 1.81×; Sector median 1.36×
Debt to equity: 39.3%; Sector median 19.2%
Asset turnover: 0.44×; Sector median 0.51×

Median of the 15 companies in the sector with the figure for their latest fiscal year.

ITTEFAQ financial ratios (annual) (Rs mn)
Rs mn	FY2026 * Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014
Profitability
Gross margin	(4.0%)	(17.3%)	(28.0%)	1.7%	4.5%	10.4%	0.5%	9.4%	10.0%	8.4%	9.1%	9.2%	8.8%
EBITDA margin	(3.9%)	(16.0%)	(29.0%)	0.6%	3.6%	9.7%	(0.5%)	9.1%	10.4%	9.6%	11.0%	11.4%	11.1%
Operating margin	(10.4%)	(22.5%)	(35.8%)	(1.1%)	2.4%	7.5%	(3.9%)	7.3%	8.3%	6.9%	7.6%	7.7%	7.3%
Pre-tax margin	(13.4%)	(25.1%)	(38.9%)	(1.8%)	2.0%	7.1%	(5.6%)	4.7%	6.7%	4.5%	3.4%	3.0%	3.2%
Net margin	(13.4%)	(24.8%)	(36.2%)	(1.1%)	2.1%	4.3%	(7.1%)	2.9%	4.4%	3.2%	2.0%	1.7%	2.1%
Effective tax rate	—	—	—	—	(5.3%)	39.3%	—	38.6%	35.0%	29.1%	42.9%	43.7%	34.0%
Returns
Return on equity (ROE)	(9.7%)	(17.2%)	(18.8%)	(2.0%)	5.1%	6.3%	(5.9%)	4.9%	7.6%	5.6%	4.3%	3.9%	—
Return on assets (ROA)	(5.9%)	(11.4%)	(12.2%)	(1.1%)	2.8%	3.8%	(3.7%)	3.2%	4.9%	3.1%	1.8%	1.4%	—
Return on invested capital (ROIC)	—	—	—	—	4.5%	4.9%	—	5.2%	6.5%	5.3%	4.7%	4.9%	—
Liquidity
Current ratio	1.81×	2.18×	2.41×	2.39×	1.78×	2.19×	2.26×	2.55×	2.57×	2.45×	1.46×	1.21×	1.20×
Quick ratio	1.04×	1.37×	1.48×	1.49×	0.90×	1.06×	1.28×	1.16×	0.90×	1.41×	0.70×	0.58×	0.45×
Leverage
Debt to equity	39.3%	38.3%	33.5%	29.8%	31.1%	35.8%	41.1%	37.1%	37.8%	39.9%	78.8%	107.0%	95.7%
Debt to capital	28.2%	27.7%	25.1%	23.0%	23.7%	26.4%	29.1%	27.1%	27.4%	28.5%	44.1%	51.7%	48.9%
Debt to assets	22.7%	25.0%	22.3%	18.7%	15.3%	21.3%	25.5%	23.7%	24.8%	25.0%	35.9%	39.4%	36.0%
Assets to equity	1.63×	1.52×	1.55×	1.82×	1.86×	1.65×	1.59×	1.55×	1.56×	1.82×	2.45×	2.69×	—
Efficiency
Asset turnover	0.44×	0.46×	0.34×	0.99×	1.32×	0.89×	0.53×	1.09×	1.12×	0.98×	0.90×	0.85×	—
Receivable days days	265	267	426	133	86	139	227	77	50	60	70	67	—
Inventory days days	187	153	218	129	111	155	243	157	141	130	152	169	—
Payable days days	59	13	47	82	69	50	55	27	29	43	58	72	—
Cash conversion cycle days	393	407	597	179	128	245	414	206	163	147	164	164	—
Dividends
Dividend payout ratio	—	—	—	—	0.0%	0.0%	—	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings retention rate	—	—	—	—	1.00×	1.00×	—	1.00×	1.00×	1.00×	1.00×	1.00×	1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

ITTEFAQ: frequently asked questions

What is ITTEFAQ's EPS?

Ittefaq Iron Industries Limited reported basic earnings per share of Rs -2.23 for FY2026 (Jul 2025 – Jun 2026).

Does ITTEFAQ pay dividends?

Ittefaq Iron Industries Limited did not declare a cash dividend for FY2026.

What was ITTEFAQ's revenue and profit in FY2026?

Ittefaq Iron Industries Limited reported revenue of Rs 2.4 bn and profit attributable to shareholders of -Rs 322.0 mn for FY2026 (Jul 2025 – Jun 2026).

What is ITTEFAQ's book value per share?

Ittefaq Iron Industries Limited's book value per share was Rs 21.97 at the end of FY2026. The shares trade at 0.37× book value.

Information only, not investment advice.