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Indo Borax & Chemicals Limited

Indo Borax & Chemicals Limited

NSE: INDOBORAX
ChemicalsBasic MaterialsSMALL CAPMCap ₹1.52k Cr
₹472.40₹-4.50 (-0.94%)

Market Closed • NSE

Market cap₹1.52k Cr
Enterprise value₹1.32k Cr
P/E TTM26.90
P/B3.92
EPS TTM₹17.56
ROCE15.40%
ROE0.14%
ROA0.07%
D/E0.37
Dividend yield0.02%
Face value₹1.00
52W high₹542.80
52W low₹230.45
Price chart(1Y)
1Y Return:+26.50% (+₹98.95)
H: ₹542.8L: ₹354.3
1W-3.41%
1M+1.21%
3M+9.83%
6M+85.62%
1Y+98.58%
Today at a glance

Day range

₹457.10₹480.95

52 week range

₹230.45₹542.80
Volume213.5K0.39x 20D avg
Free float50.00%-61.10% volume

Indo Borax & Chemicals Limited closed at INR472.40 (-0.94%) on volume 0.39x its 20-day average, trading 12.97% below its 52-week high.

Technical analysis
RSI (14)48.5Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹24.49High
SMA 20₹473.67BEARISH
SMA 50₹475.50BEARISH
SMA 100₹434.75BULLISH
SMA 200₹346.40BULLISH
CPR bottom₹479.90
Pivot₹478.90
CPR top₹477.90
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +6.7% QoQ

2026-07-21

DIVIDEND Announced

Dividend - Rs 10 Per Share/Special Dividend - Rs 30 Per Share

2025-09-18

DIVIDEND Announced

Dividend - Re 1 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹1.0 Cr₹1.52k Cr0.07%≤ 33%PASS
Non-halal income ratio–₹215.0 Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹405.0 Cr—≥ 20%PASS
Receivables ratio–₹405.0 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E26.9021.90
Forward P/E——
P/B3.922.20
EV/EBITDA30.0018.00
PEG—1.00
Earnings yield3.704.60
Growth & profitability
RevenuePAT
FY24PAT margin 20.40%
FY25PAT margin 24.30%
FY26PAT margin 23.30%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+7.10%
Revenue CAGR 5Y+2.40%
PAT CAGR 3Y+5.20%
PAT CAGR 5Y+5.10%
Operating margin26.24%
Net margin23.33%
Financial health & cash flow
Net debt₹1.0 CrHealthy
Interest coverage—xEBIT / interest
CFO / PAT0.49x3Y average
Net debt / EBITDA0.02xLeverage
Operating cash flow₹87.0 Cr
Capital expenditure–
Free cash flow₹87.0 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall73/100
Valuation60/100
Profitability80/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 15.4%

Low Debt Profile: Debt-to-Equity is comfortable at 0.37x

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Chemicals.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

70%47%23%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
2.64%Institutional holding
66.56%Public holding
5Periods available
0.00%Promoter pledged
20.47KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
21 Jul 2026Dividend₹10.00 / share—21 Jul 2026
18 Sept 2025Dividend₹1.00 / share—18 Sept 2025
20 Aug 2024Dividend₹1.00 / share—20 Aug 2024
—Annual General MeetingAnnual General Meeting—20 Aug 2024
11 Aug 2023Dividend₹1.00 / share—11 Aug 2023
—Annual General MeetingAnnual General Meeting—11 Aug 2023
—Dividend₹1.00 / share—18 Aug 2022
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)39.10%+24.97% latest vs average
Highest delivery64.07%on 16 Oct
Average volume (20D)548.9KTrading-session average
Conviction trendStrengthening+24.97% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Indo Borax & Chemicals Limited
Indo Borax & Chemicals Limited

Incorporated in 1980, Indo Borax & Chemicals Ltd is in the business of manufacturing Boron and Lithium products[1]

IndiaBasic Materials

Questions investors ask
Is Indo Borax & Chemicals Limited Shariah compliant?

Indo Borax & Chemicals Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.07%) complies with AAOIFI threshold (≤ 33%).

What is Indo Borax & Chemicals Limited's current valuation relative to peers?

Indo Borax & Chemicals Limited trades at a P/E of 26.9x compared to the sector median of 21.9x, and a Price-to-Book of 3.9x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.37x and a Net Debt to EBITDA ratio of 0.02x. Interest coverage is comfortable.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 2.4% while net profit growth averaged 5.1%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.