Indo Borax & Chemicals Ltd

Indo Borax & Chemicals Ltd (INDOBORAX)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return11.54 %
3 Month Return-6.45 %
1 Year Return-26.33 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 77
Rank 135
Rank 180
Dividend Yield
Rank 59
Rank 84
Price To Book Ratio
Rank 117
Debt To Asset
Rank 309

Company Information

Indo Borax and Chemicals Limited IBCL is an Indiabased company. The Company is engaged in the manufacturing and selling of chemicals. Its product portfolio includes BORIC ACID Tech. Grade Powder BORIC ACID Tech. Grade Granular Boric Acid I. P. Borax Decahydrate Granular and Borax Decahydrate Crystal. The Companys plant is located in Pithampur Madhya Pradesh. Its BORIC ACID Tech. Grade Powder is used for fluxes and metallurgical operation such as welding paste fluxes and soldering fluxes. The Companys subsidiary is Indoborax Infrastructure Pvt. Ltd IIPL.Indo Borax came into existence in 1980 and the company establsiehd its first Boric Acid plant at Asangaon in Maharashtra in the year 1981 followed by the establishment of a Borax plant in 1983. The stock of the company was offered to Public in 1993 resulting in an overwhelming response from investors and was oversubscribed over 1600.Today Indo Borax operates a most modern Boric Acid and Borax plant at Pithampur Madhya Pradesh. Situated near the commercially important town of Indore in the heart of the country the plant is well connected by an efficient transport network to all parts of India. The plant employs continuous process and is fully capable of generating its own power requirements. The plant also enjoys the approval of Food and Drug Administration for manufacturing pharmaceutical grade of Boric Acid.During the fiscal year ended March 31 2010 fiscal 2010 the Company produced 6123 million tons of boron products. During fiscal 2010 the Comapny had an installed capacity of 14400 boron products.
OrganisationIndo Borax & Chemicals Ltd