INDOBORAX · NSE

Indo Borax & Chemicals Limited

₹472.6

+1.25% (+₹5.85)

Prev. close

₹466.75

Volume

40,484

Delivery %

48.4%

As of

18 Sept 2026

Price history

₹472.6+₹111.25 (+30.79%) · 3M
10 Jun 202618 Sept 2026
₹516.05₹358.9510 Jun03 Jul03 Aug26 Aug18 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on Indo Borax & Chemicals Limited in the last 90 days.

Fundamentals

About Indo Borax & Chemicals Limited

Indo Borax & Chemicals Limited manufactures and sells boron-based products in India. It offers borax products, such as decahydrate crystals and granular; boric acid products that include boric acid Indian pharmacopoeia grade, and technical grade granular, and powders; boron oxide; and disodium octaborate tetrahydrate. The company was incorporated in 1980 and is based in Mumbai, India.

Details

Sector

Basic Materials

Industry

Chemicals

CEO

Mr. Suresh Kalra

Headquarters

Mumbai

Employees

111

Key stats

Market cap

₹1,516.57 Cr

P/E ratio (TTM)

26.9

Dividend yield

2.12%

EPS (TTM)

₹17.58

Beta (1Y · daily vs NIFTY 50)

0.56

Beta (5Y · monthly vs NIFTY 50)

1.74

Shares float

1.14 Cr

EPS · quarter ended Jun 2026

₹5.07

Financial Performance

01 · Financials

0 Cr100 Cr200 Cr300 Cr-20%0%20%40%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.0% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

050100150FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

0102030400%2.5%5%7.5%10%18 Aug 2211 Aug 2320 Aug 2418 Sept 2521 Jul 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based

-100%0%100%200%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

0 Cr200 Cr400 Cr600 Cr0.25×0.5×0.75×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

0 Cr200 Cr400 Cr600 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

-200 Cr-100 Cr0 Cr100 Cr200 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹144.15 Cr₹175.72 Cr₹225.08 Cr₹191.30 Cr₹175.26 Cr₹215.45 Cr
EBITDA₹47.65 Cr₹51.03 Cr₹70.60 Cr₹54.52 Cr₹61.48 Cr₹69.74 Cr
₹34.26 Cr₹36.37 Cr₹50.69 Cr₹38.98 Cr₹42.51 Cr₹50.27 Cr
Diluted EPS₹106.76₹11.33₹15.8₹12.15₹13.25₹15.67

Total expenses (as filed), Employee benefit expense, Depreciation & amortisation, Other expenses, Tax provision, Interest expense, Other income have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹190.00 Cr₹222.00 Cr₹275.00 Cr₹311.00 Cr₹357.00 Cr₹405.00 Cr
₹3.27 L₹3.27 L₹3.26 L₹3.26 L₹1.43 Cr
Stockholders' equity₹173.00 Cr₹207.00 Cr₹255.00 Cr₹293.00 Cr₹335.00 Cr₹386.00 Cr

Current assets, Trade receivables, Cash & equivalents, Non-current assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹11.48 Cr₹60.25 Cr₹69.52 Cr₹-104.47 Cr₹87.15 Cr
Investing cash flow₹25.57 Cr₹-7.56 Cr₹-30.12 Cr₹-6.91 Cr₹-76.69 Cr
₹-3.22 Cr₹-3.30 Cr₹-3.22 Cr₹-3.39 Cr₹-3.49 Cr
Capital expenditure₹-3.07 Cr₹-4.97 Cr₹-4.57 Cr₹-6.73 Cr₹-29.11 L
End cash position₹35.86 Cr₹85.25 Cr₹121.40 Cr₹6.63 Cr₹13.61 Cr

Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemMar 22Mar 22(2Q)Jun 22Sep 22Dec 22(2Q)Mar 23Jun 23Dec 23(3Q)Mar 24Dec 25(8Q)Mar 26Jun 26
Promoter55.42%54.19%53.78%53.00%52.07%50.80%30.80%38.41%
Public44.58%45.81%46.22%47.00%47.93%49.20%69.20%61.59%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Basic Materials

Company
UltraTech Cement Limited₹3.17 L Cr₹11,01436.94.1310.7%0.31+16.6%-12.8%
JSW Steel Limited₹3.06 L Cr₹1,275.612.43.0622.3%1.19+9.3%+13.8%
Hindustan Zinc Limited₹2.42 L Cr₹59614.210.6961.1%0.39+18.6%+31.0%
Asian Paints Limited₹2.35 L Cr₹2,451.349.311.0120.2%0.18+5.1%-1.1%
Tata Steel Limited₹2.28 L Cr₹187.2920.72.2310.6%0.90+6.2%+9.3%
Hindalco Industries Limited₹2.18 L Cr₹986.513.31.599.8%0.73+15.0%+31.5%
Grasim Industries Limited₹2.15 L Cr₹3,209.237.92.084.8%2.20+18.2%+11.5%
Solar Industries India Limited₹1.71 L Cr₹18,81586.127.2526.7%0.29+30.6%+27.0%
Vedanta Aluminium Metal Limited₹1.60 L Cr₹416.542.1
Pidilite Industries Limited₹1.58 L Cr₹1,572.159.814.5822.6%0.04+11.1%-48.5%
JINDAL STEEL LIMITED₹1.11 L Cr₹1,10341.12.196.6%0.44+5.5%+4.7%
Indo Borax & Chemicals Limited₹1,478.71 Cr₹470.326.33.8313.0%0.00+22.9%+67.8%

Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 28

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

INDOBORAX

Cyril Amarchand Mangaldas advises Indo Borax & Chemicals Ltd. and Zenrock Chemicals Private Ltd. on proposed acquisition of 64.26% stake in Kronox Lab Sciences Ltd.

Indo Borax & Chemicals Limited (IBCL) and Zenrock Chemicals Private Limited (ZCPL) plan to acquire a 64.26% stake in Kronox Lab Sciences Limited. This acquisition involves purchasing 2,38,44,000 equity shares from Kronox Lab Sciences' promoters. The deal will trigger a mandatory open offer due to the change of control.

30 days ago·Read at SCC Online
INDOBORAX

Kronox Lab Sciences shares rally 32% in 2 days as Indo Borax, Zenrock Chemicals eye stake acquisition

Kronox Lab Sciences shares rallied over 32% in two days after Indo Borax & Chemicals and Zenrock Chemicals announced an open offer to acquire up to a 25.79% stake. Indo Borax aims to acquire a 64.26% stake in total, including through the open offer, to diversify its portfolio. The acquisition will give Indo Borax control and voting rights over the acquired stake.