Indo Borax & Chemicals

₹390.55As of Sun 8 Nov 2026, 12:00 UTC

NSE:INDOBORAXMaterials

Country India

PE (Fwd) 21.18

TSR 5Y CAGR 27.25%

Div yield 2.56%

ROE —

Chemicals

Beta (5Y) 0.92

PE TTM 24.93

TSR TTM 57.45%

Mkt cap ₹12.75B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹425

8.78%

(57.70%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

2.155

Revenue₹B

—

1.757

2.251

1.908

1.755

2.155

2.340

5.23%

22.78

Revenue growth%

—

28.09

(15.25)

(8.01)

22.78

8.62

7.38

—

46.44

Gross margin%

—

56.28

50.68

45.61

52.07

46.44

46.27

50.68

100

21.05

Operating margin%

—

27.30

28.06

22.76

26.81

21.05

21.07

26.81

100

23.33

Net margin%

—

20.70

22.52

20.43

24.22

23.33

23.39

22.52

100

24.93

P/E ratio (avg)x

—

12.65

8.272

15.27

14.86

16.02

22.90

14.86

27.64

EV/EBITx

—

9.592

6.640

13.71

13.42

17.76

25.41

13.42

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

15.67

EPS₹

—

11.33

15.80

12.15

13.25

15.67

17.06

8.43%

—

18.27

EPS growth%

—

39.38

(23.11)

9.05

18.27

8.89

13.66

—

Bookvalue per sh₹

—

FCF per share₹

—

10.00

Dividend per sh₹

—

1.00

10.00

11.47

77.83%

—

2.56

Div yield (avg)%

—

0.70

0.77

0.54

0.51

3.98

2.94

0.70

63.84

Payout ratio%

—

8.83

6.33

8.23

7.55

63.84

67.22

8.23

100

32.09

Shares (diluted)M

—

32.09

◌32.09

—

Buyback yield%

—

◌—

—

D/E ratiox

—

12.53

Enterprise value₹B

—

4.602

4.193

5.952

6.316

8.053

12.53

15.02%

—

LT debt₹M

—

Peers (US$143.3M)

Cap (US$)

The Andhra Sugars…

125.4M

11.18x

Godavari Biorefineries…

123.7M

43.72x

Punjab Chemicals and…

119.1M

18.60x

Bahadir Kimya Sanayi…

144.3M

—

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

686.0

Own earn%

—

Sh yield%

2.56

0.65

Owners

Insiders/Inst%

3.33

5.00

Short interest%

—

SBC / revenue%

2.15

Record

10Y

Profitable years

5/5

Revenue growth years

2/4

EPS growth years

3/4

Dividend streakyrs

Op margin range%

21–28

$1 testx

—

Incr. ROIC%

—

Indo Borax & Chemicals Limited manufactures and sells boron-based products in India. It offers borax products, such as decahydrate crystals and granular; boric acid products that include boric acid Indian pharmacopoeia grade, and technical grade granular, and powders; boron oxide; and disodium octaborate tetrahydrate.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹2.155B

5.23%

1.00×

Cost of revenue

₹1.154B

10.70%

1.22×

Operating expenses

₹547.1M

1.81%

0.88×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m