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INDOBORAX

Indo Borax & Chemicals Ltd

₹133.6

Indo Borax & Chemicals Ltd Results Summary

Revenue
₹63.24Cr
Net Profits
₹11.49Cr
Net Profit Margins
18.17%

Highlights

Revenue:

Indo Borax & Chemicals Ltd’s revenue jumped 63.58% since last year same period to ₹63.24Cr in the Q2 2022-2023. On a quarterly growth basis, Indo Borax & Chemicals Ltd has generated 15.44% jump in its revenue since last 3-months.

Net Profits:

Indo Borax & Chemicals Ltd’s net profit jumped 47.5% since last year same period to ₹11.49Cr in the Q2 2022-2023. On a quarterly growth basis, Indo Borax & Chemicals Ltd has generated -10.65% fall in its net profits since last 3-months.

Net Profit Margins:

Indo Borax & Chemicals Ltd’s net profit margin fell -9.83% since last year same period to 18.17% in the Q2 2022-2023. On a quarterly growth basis, Indo Borax & Chemicals Ltd has generated -22.61% fall in its net profit margins since last 3-months.

Key Ratios

Key ratios of the Indo Borax & Chemicals Ltd post its Q2 2022-2023 results

Earning Per Share (EPS)
13.42
Return on Equity (ROE)
19.1
Dividend Per Share (DPS)
1

Highlights

Earning Per Share (EPS):

Indo Borax & Chemicals Ltd’s earning per share (EPS) jumped 37.78% since last year same period to 13.42 in the Q2 2022-2023. This indicates that the Indo Borax & Chemicals Ltd has generated 37.78% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return On Equity (ROE):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Indo Borax & Chemicals Ltd’s return on equity (ROE) stands at 19.1.

Dividend Per Share (DPS):

Indo Borax & Chemicals Ltd declared 1 dividend per share during the results announcement for Q1 2022-2023.

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.

Organisation
Indo Borax & Chemicals Ltd
Headquarters
Mumbai
Industry
Chemicals

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