Indo Euro Indchem Ltd
The short version
A steadily growing, thinly profitable business — priced in line with what it earns.
What Indo Euro Indchem does
Incorporated in 1990, Indo Euro Ind Chem Ltd manufactures and trades in paper and other merchandise.
Worked out from Indo Euro Indchem's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
Indo Euro Indchem is a micro-sized company in specialty chemicals.
Incorporated in 1990, Indo Euro Ind Chem Ltd manufactures and trades in paper and other merchandise.
- Whole company is worth
- ₹5.8 crore
- Run by
- Vardhman Shah
- Shareholders
- 6,578 people
- Listed since
- 1994
A very small company by stock-market value — prices can swing hard and trading can be thin.
02Is it growing?
Sales have grown 13% a year for 5 years.
At that pace a business doubles in size roughly every 6 years. Profit grew even faster, at 36% a year — the business is keeping more of each rupee it brings in.
03Does it make money?
Out of every ₹100 it sells, it keeps ₹2.3 as profit.
Here is where the money from Indo Euro Indchem's sales went in FY26, the latest full year it has reported.
- ₹71Making or buying what it sellsraw materials, stock, goods bought for resale
- ₹25Running the businessstaff, rent, marketing, power and everything else
- ₹0.2Interest on its loansthe cost of borrowed money
- ₹0.4Wear and tearmachines, stores and buildings losing value over time
- ₹0.7Taxincome tax paid to the government
- ₹2.3Profit it keepswhat is left for the company's owners
On the money its owners have put in
It earns ₹3 a year on every ₹100 its owners have invested.
That figure is called return on equity (ROE). Under ₹12 is a thin return for the risk of owning shares. For comparison, a bank fixed deposit pays roughly ₹6–7.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹1392 actually came in as cash.
Over the last 3 years: ₹0.7 crore of profit and ₹10 crore of cash from its day-to-day business. Profit that shows up as cash is the most believable kind.
04Is the price high or low?
You pay ₹23 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 23 means buyers are paying for about 23 years of today's profit up front.
The share price over the past year
It is 57% below its highest price of the past year and 10% above its lowest.
05Who owns it?
Its founders and parent group own 56 of every 100 shares — they control the company.
If the company were split into 100 equal shares, this is who would hold them. 6,578 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
One thing going well, two things worth watching.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
- Has almost no debt — it is not at the mercy of lenders.
Worth watching
- Thinly traded — only about ₹1 lakh of shares change hands a day, so buying or selling can move the price.
- The share price is 57% below its high of the past year.
07What happened lately?
Latest quarter: sales up 163%, profit down 27%.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹4.0 Cr
▲ 163.0% on a year earlier
Profit
₹0.1 Cr
▼ 26.7% on a year earlier
No notable developments in the last few weeks.
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This page describes Indo Euro Indchem using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Indo Euro Indchem Ltd (INDOEURO): company summary
Indo Euro Indchem Ltd (INDOEURO) is a micro-cap Chemicals company valued at ₹6 crore operating in Specialty Chemicals on the NSE and BSE.
Indo Euro Indchem Ltd (INDOEURO) is a micro-cap Chemicals company valued at ₹6 crore operating in Specialty Chemicals on the NSE and BSE.
- Recent price move
- Indo Euro Indchem Ltd last traded at ₹8.16, sharply down 7.06% on the day.
- Financial performance
- Revenue has been growing steadily at 10.8% a year over three years; profit grew 13.3% a year, ahead of revenue — margins are expanding. Return on equity is 2.7%.
- Valuation multiples
- The stock trades at 23.3 times earnings, 0.65 times book value.
- Things to watch
- The price sits 57% below its 52-week high.
Generated from DocStoX data. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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