Indo Borax & Chemicals Ltd.

176.95 -2.05 ▼-1.2%

03 May 2024, 04:01:00 PM
Volume: 6,824

Company Profile

Sector Chemicals Sector Icon Chemicals Compare with Sector peers
Industry Chemicals Industry Icon Chemicals Compare with Industry peers
Website http://www.indoborax.com
Market Cap 567.83 Cr.
Enterprise Value(EV) 469.59 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 12.52 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 14.13 Trailing Twelve Months Ending 2023-12
Industry PE 51.52 Trailing Twelve Months Ending 2023-12
Book Value / Share 87.40 Trailing Twelve Months Ending 2023-12
Price to Book Value 2.02 Calculated using Price: 176.95
Dividend Yield 0.57 Period Ending 2023-03
No. of Shares Subscribed 3.21 Cr. 32,090,000 Shares
FaceValue 1
About Indo Borax & Chemicals Ltd.
Indo Borax is synonymous with Boric Acid and is referred to as the industry standard for many comparisons made in the industry. Indo Borax came into existence in 1980 and has its roots to Asangaon in Maharashtra where its first Boric Acid plant was established in the year 1981, followed by the establishment of a Borax plant in 1983.

Indo Borax & Chemicals Ltd. Delivery

Delivered Qty
Traded Qty

Indo Borax & Chemicals Ltd. Performance

1 Day
-1.15%
1 Week
-2.37%
1 Month
+3.60%
3 Month
-10.65%
6 Month
+14.12%
1 Year
+51.24%
2 Year
+17.93%
5 Year
+348.88%
10 Year
+1397.04%

Indo Borax & Chemicals Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 18.62 11.15 8.9 10.58 15.45 13.48 22.02 19.14 21.94
Return on Capital Employed (%) 26.5 16.24 12.72 17.51 21.41 17.64 29.98 26.34 29.89
Return on Assets (%) 15.76 9.77 7.98 9.48 14.02 12.46 20.23 17.67 20.4

Indo Borax & Chemicals Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 78 87 95 105 121 138 173 207 255 272
Non Curr. Liab. 5 3 3 2 2 2 2 2 3 3
Curr. Liab. 8 7 8 10 9 8 16 13 18 13
Minority Int.
Equity & Liab. 92 97 106 117 132 149 190 222 275 288
Non Curr. Assets 34 63 66 62 60 69 109 100 107 110
Curr. Assets 58 34 40 55 72 80 81 121 168 178
Misc. Exp. not W/O
Total Assets 92 97 106 117 132 149 190 222 275 288

Indo Borax & Chemicals Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 87 70 67 101 128 115 144 176 225 202
Other Income 3 3 3 4 6 6 4 3 7 11
Total Income 90 72 70 105 134 121 148 179 232 213
Total Expenditure -69 -57 -56 -86 -108 -97 -100 -128 -163 -155
PBIDT 22 15 13 19 26 24 48 51 69 57
Interest -1 0 0 0 0 0 0 0 0
Depreciation -1 -1 -1 -1 -1 -1 -1 -1 -2 -2
Taxation -6 -4 -3 -7 -7 -5 -12 -14 -18 -15
Exceptional Items 1
PAT 14 9 8 11 17 18 34 36 51 40
Minority Interest 0
Share Associate
Other Related Items 1 1 0
Consolidated Net Profit 13 9 8 11 17 18 35 38 51 40
Adjusted EPS 4 3 3 3 5 5 11 12 16 13

Indo Borax & Chemicals Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 19 0 18 21 1 15 13 16 11 60
Cash Fr. Inv. -11 13 -26 -24 5 -16 26 -54 26 -8
Cash Fr. Finan. -5 -1 -4 -1 -2 -1 -1 -1 -3 -3
Net Change 3 12 -12 -4 5 -2 38 -39 34 49
Cash & Cash Eqvt 4 16 4 0 5 3 41 2 36 85

Indo Borax & Chemicals Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 55.42 54.19 53.78 53.78 53.00 52.07 52.07 52.07 50.80
Public 44.58 45.81 46.22 46.22 47.00 47.93 47.93 47.93 49.20
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
No. of Shareholders (in Lacs)

Indo Borax & Chemicals Ltd. Announcements

Sat, 27 Apr 2024
Certificate Under Regulation 40(9) Of The SEBI (LODR) Regulations 2015
Pursuant to regulation 40(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 please find certificate issued by M/s Jayshree A Lalpuria & Co. Practising Company Secretary for the year ended 31st March 2024.
Fri, 19 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyINDO BORAX & CHEMICALS LTD.-
2CIN NO.L24100MH1980PLC023177
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 0.00
4Highest Credit Rating during the previous FY 0
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Pravin P Chavan
Designation: Company Secretary and Compaliance Officer
EmailId: complianceofficer@indoborax.com
Name of the Chief Financial Officer: Sajal Jain
Designation: MD and CFO
EmailId: info@indoborax.com

Date: 19/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Mon, 08 Apr 2024
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Pursuant to regulation 74(5) of SEBI (DP) Regulations 2018 please find attached certifiate for the quarter ended 31st March 2024

Indo Borax & Chemicals Ltd. Technical Scans

Fri, 03 May 2024
Closing Below Previous Low Closing Below Previous Low
High Decrease in 3 Months High Decrease in 3 Months
High Increase in 1 Year High Increase in 1 Year
High Increase in 5 Years High Increase in 5 Years
CCI Trending Down CCI Trending Down

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The Fertilisers And Chemicals Travancore Ltd. 45,958.29 710.25 -0.7%
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Asian Paints Ltd. Consolidated 2023-12 51.64 2,927.50 -1.6%
Pidilite Industries Ltd. Consolidated 2023-12 87.64 2,949.85 -1.3%
Solar Industries India Ltd. Consolidated 2023-12 100.92 8,987.00 +1.4%
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Berger Paints India Ltd. Consolidated 2023-12 53.89 523.00 +0.0%
PI Industries Ltd. Consolidated 2023-12 34.26 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. Consolidated 2023-12 123.22 710.25 -0.7%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Asian Paints Ltd. Consolidated 2023-12 15.61 2,927.50 -1.6%
Pidilite Industries Ltd. Consolidated 2023-12 18.66 2,949.85 -1.3%
Solar Industries India Ltd. Consolidated 2023-12 26.42 8,987.00 +1.4%
SRF Ltd. Consolidated 2023-12 6.85 2,568.70 -3.7%
Berger Paints India Ltd. Consolidated 2023-12 11.86 523.00 +0.0%
PI Industries Ltd. Consolidated 2023-12 6.47 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. Consolidated 2023-12 31.88 710.25 -0.7%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Asian Paints Ltd. Consolidated 2023-03 0.06 2,927.50 -1.6%
Pidilite Industries Ltd. Consolidated 2023-03 0.02 2,949.85 -1.3%
Solar Industries India Ltd. Consolidated 2023-03 0.45 8,987.00 +1.4%
SRF Ltd. Consolidated 2023-03 0.42 2,568.70 -3.7%
Berger Paints India Ltd. Consolidated 2023-03 0.17 523.00 +0.0%
PI Industries Ltd. Consolidated 2023-03 0.00 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. Consolidated 2023-03 1.04 710.25 -0.7%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Asian Paints Ltd. Consolidated 2023-03 28.19 2,927.50 -1.6%
Pidilite Industries Ltd. Consolidated 2023-03 19.04 2,949.85 -1.3%
Solar Industries India Ltd. Consolidated 2023-03 35.86 8,987.00 +1.4%
SRF Ltd. Consolidated 2023-03 22.91 2,568.70 -3.7%
Berger Paints India Ltd. Consolidated 2023-03 20.46 523.00 +0.0%
PI Industries Ltd. Consolidated 2023-03 18.45 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. Consolidated 2023-03 63.33 710.25 -0.7%
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Asian Paints Ltd. Consolidated 2023-03 28.19 2,927.50 -1.6%
Pidilite Industries Ltd. Consolidated 2023-03 19.04 2,949.85 -1.3%
Solar Industries India Ltd. Consolidated 2023-03 35.86 8,987.00 +1.4%
SRF Ltd. Consolidated 2023-03 22.91 2,568.70 -3.7%
Berger Paints India Ltd. Consolidated 2023-03 20.46 523.00 +0.0%
PI Industries Ltd. Consolidated 2023-03 18.45 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. Consolidated 2023-03 63.33 710.25 -0.7%
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Asian Paints Ltd. Consolidated 2023-03 34,488.59 2,927.50 -1.6%
Pidilite Industries Ltd. Consolidated 2023-03 11,799.10 2,949.85 -1.3%
Solar Industries India Ltd. Consolidated 2023-03 6,922.53 8,987.00 +1.4%
SRF Ltd. Consolidated 2023-03 14,870.25 2,568.70 -3.7%
Berger Paints India Ltd. Consolidated 2023-03 10,567.84 523.00 +0.0%
PI Industries Ltd. Consolidated 2023-03 6,492.00 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. Consolidated 2023-03 6,198.15 710.25 -0.7%
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Asian Paints Ltd. Consolidated 2023-03 4,195.33 2,927.50 -1.6%
Pidilite Industries Ltd. Consolidated 2023-03 1,288.87 2,949.85 -1.3%
Solar Industries India Ltd. Consolidated 2023-03 811.17 8,987.00 +1.4%
SRF Ltd. Consolidated 2023-03 2,162.34 2,568.70 -3.7%
Berger Paints India Ltd. Consolidated 2023-03 860.40 523.00 +0.0%
PI Industries Ltd. Consolidated 2023-03 1,229.50 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. Consolidated 2023-03 612.99 710.25 -0.7%

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