Indo Borax & Chemicals Limited

Indo Borax & Chemicals Limited (INDOBORAX) is a micro-cap Chemicals company valued at ₹1,519 crore operating in Commodity Chemicals on the NSE and BSE.

Recent price move

Indo Borax & Chemicals Limited last traded at ₹465, down 2.50% on the day.

Recent developments

On 2026-07-21, the company announced a dividend of ₹40.00 per share, ex-date. Promoter holding increased by 7.61 percentage points in the latest quarter to 38.41%, with all promoter shares pledged. Foreign institutional holding fell 0.32 percentage points to 0.13%, and domestic institutional holding dropped 2.15 percentage points to 0.04%.

Financial performance

The company's business has improved, with annual revenue rising 23.1% and annual net profit increasing 16.9%. The latest quarter saw revenue jump 30.3% and net profit surge 62.5% compared to the same quarter a year earlier, though the net profit margin narrowed 1.2 percentage points to 23.3%.

Valuation multiples

The stock trades at 29.7 times earnings, 4.02 times book value. It yields 8.3%.

Things to watch

The stock is 13.5% below its 52-week high. Promoter shares are fully pledged, and institutional holdings have declined in the latest quarter. The net profit margin has narrowed, and the company's revenue growth has slowed in recent quarters despite strong recent performance.

Where it stands

Indoborax's latest quarter showed strong growth in both revenue and net profit, but the net profit margin has declined. Promoter shares are fully pledged, and the stock is trading below its 52-week high. The company's revenue and profit growth has slowed in recent years, though it remains debt-free.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.