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Indo Borax & Chemicals Ltd (INDOBORAX)

₹189.051.71%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹185.86
    ₹193.49
  • 52 Week's Low

    52 Week's High

    ₹140.8
    ₹238
1 Month Return+ 6.58 %
3 Month Return+ 3.12 %
1 Year Return+ 30.99 %
Previous Close₹185.87
Open₹185.86
Volume91.04K
Upper Circuit-
Lower Circuit-
Market Cap₹596.46Cr

Key Statistics

P/E Ratio15.31
PEG Ratio-4.18
Market Cap₹596.46 Cr
P/B Ratio0.13
EPS157.97

Company Information

Indoborax and Chemicals limited (IBCL) is an India-based company that manufactures and supplies chemicals like Boric Acid Tech. Grade Powder, Boric Acid Tech. Grade Granular, Borax Decahydrate Granular, and Borax Decahydrate Crystal. Founded in 1980, IBCL’s stocks were offered to the public in 1993 and got an overwhelming response from investors. The company carries out its manufacturing operations at its plant in Pithampur, Madhya Pradesh, which is well connected to all parts of India and has the capacity to generate its own power. As per 2010 records, IBCL had an installed capacity of 14,400 boron products and a production of 6,123 million tons of boron products. IBCL also has been approved by the Food and Drug Administration for manufacturing pharmaceutical grade Boric Acid.

Share Price: ₹189.05 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹596.46Cr as of today
Revenue: ₹45.46Cr as on March 2024 (Q1 24)
Net Profit: ₹11.44Cr as on March 2024 (Q1 24)
Listing date: 29 Mar, 2022
OrganisationIndo Borax & Chemicals Ltd
Headquarters
IndustryChemicals
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Key events for Indo Borax & Chemicals Ltd

  • Indo Borax & Chemicals Ltd Surges 55% in a Month - 03 Jul, 2024

    Indo Borax & Chemicals Ltd has seen a sharp annual gain of 55%, with its P/E ratio of 16.7x making it look like a strong buy compared to the Indian market. However, earnings have deteriorated over the last year, which requires further investigation to determine if its justified.

  • Indo Borax & Chemicals' Free Cash Flow Exceeds Statutory Profit - 08 Jun, 2024

    Indo Borax & Chemicals produced free cash flow of ₹633m, exceeding its reported profit of ₹389.8m for the year to March 2024. The accrual ratio of -0.16 suggests that the company's statutory profit may understate its earnings potential. EPS is up 14% annually over the last three years.

Insights on Indo Borax & Chemicals Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 49.10% to 49.14% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 46.8 Cr → 48.83 Cr (in ₹), with an average increase of 4.2% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 8.23 Cr → 11.44 Cr (in ₹), with an average increase of 28.1% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 50.80% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Solar Industries India Ltd has given 184.8% return, outperforming this stock by 153.8%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.10% to 0.00% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, INDOBORAX stock has moved down by -5.9%

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹45.46Cr
↑3.18%
Net Income
₹11.44Cr
↑39.00%
Net Profit Margin
25.16%
↑34.69%
2023Y/Y Change
Revenue
₹225.08Cr
↑28.09%
Net Income
₹50.69Cr
↑39.37%
Net Profit Margin
22.52%
↑8.79%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹275.17Cr
↑24.05%
Total Liabilities
₹20.36Cr
↑39.36%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹50.73Cr
↑342.28%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
50.8%
0.00
Foreign Institutions
0%
-97.17
Mutual Funds
0%
0.00
Retail Investors
49.14%
0.08
Others
0.06%
0.00

Key Indicators

Indo Borax & Chemicals Ltd Valuation

Indo Borax & Chemicals Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.44x)

March 28, 2023

Today (15.31x)

July 23, 2024

Industry (46.52x)

July 23, 2024

Highest (18.54x)

January 1, 2024

LowHigh

Earnings and Dividends

  • Indo Borax & Chemicals Ltd Earnings Results

    Indo Borax & Chemicals Ltd’s net profit fell -9.57% since last year same period to ₹11.44Cr in the Q4 2023-2024. On a quarterly growth basis, Indo Borax & Chemicals Ltd has generated 39% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Indo Borax & Chemicals Ltd Dividends May,2023

    In the quarter ending March 2023, Indo Borax & Chemicals Ltd has declared dividend of ₹1 - translating a dividend yield of 1.06%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Indo Borax & Chemicals Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Indo Borax & Chemicals Ltd (INDOBORAX) share price today is ₹189.05

Indo Borax & Chemicals Ltd is listed on NSE

Indo Borax & Chemicals Ltd is listed on BSE

  • Today’s highest price of Indo Borax & Chemicals Ltd is ₹193.49.
  • Today’s lowest price of Indo Borax & Chemicals Ltd is ₹185.86.

PE Ratio of Indo Borax & Chemicals Ltd is 15.31

PE ratio = Indo Borax & Chemicals Ltd Market price per share / Indo Borax & Chemicals Ltd Earnings per share

Today’s traded volume of Indo Borax & Chemicals Ltd(INDOBORAX) is 91.04K.

Today’s market capitalisation of Indo Borax & Chemicals Ltd(INDOBORAX) is ₹596.46Cr.

Indo Borax & Chemicals Ltd(INDOBORAXPrice
52 Week High
₹238
52 Week Low
₹140.8

Indo Borax & Chemicals Ltd(INDOBORAX) share price is ₹189.05. It is down -20.57% from its 52 Week High price of ₹238

Indo Borax & Chemicals Ltd(INDOBORAX) share price is ₹189.05. It is up 34.27% from its 52 Week Low price of ₹140.8

Indo Borax & Chemicals Ltd(INDOBORAXReturns
1 Day Returns
3.18%
1 Month Returns
6.58%
3 Month Returns
3.12%
1 Year Returns
30.99%