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Indo Borax & Ch.

  • Market Cap: Micro Cap
  • Industry: Chemicals
  • ISIN: INE803D01021
  • NSEID: INDOBORAX
  • BSEID: 524342
INR
174.15
5.35 (3.17%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 15.25 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

15.25 k (-29.53%) Volume

Shareholding (Dec 2024)

FII

0.01%

Held by 4 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

50.80%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 7.61% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

With ROE of 13.6, it has a Expensive valuation with a 1.7 Price to Book Value

5

Despite the size of the company, domestic mutual funds hold only 0% of the company

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Chemicals

stock-summary
Market cap

INR 559 Cr (Micro Cap)

stock-summary
P/E

12.00

stock-summary
Industry P/E

41

stock-summary
Dividend Yield

0.59%

stock-summary
Debt Equity

-0.41

stock-summary
Return on Equity

13.58%

stock-summary
Price to Book

1.72

Revenue and Profits (1 Year):
Net Sales:
38 Cr
(Quarterly Results - Dec 2024)
Net Profit:
9 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.59%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-14.36%
0%
-14.36%
1 Year
-4.26%
0.56%
-3.7%
2 Years
60.58%
1.68%
62.26%
3 Years
7.17%
2.31%
9.48%
4 Years
162.99%
4.89%
167.88%
5 Years
838.31%
22.74%
861.05%

Latest dividend: 1 per share ex-dividend date: Aug-20-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
7.61%
EBIT Growth (5y)
23.12%
EBIT to Interest (avg)
45.86
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.79
Tax Ratio
27.42%
Dividend Payout Ratio
8.23%
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
29.87%
ROE (avg)
16.79%
Valuation key factors
Factor
Value
P/E Ratio
12
Industry P/E
41
Price to Book Value
1.72
EV to EBIT
9.19
EV to EBITDA
8.75
EV to Capital Employed
2.21
EV to Sales
2.42
PEG Ratio
1.42
Dividend Yield
0.59%
ROCE (Latest)
23.57%
ROE (Latest)
13.58%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 4 FIIs (0.01%)

Promoter with highest holding

Sajal Sushilkumar Jain (26.35%)

Highest Public shareholder

Dipak Kanayalal Shah (1.11%)

Individual Investors Holdings

35.15%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -0.95% vs -23.89% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -1.20% vs -34.48% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "37.51",
          "val2": "37.87",
          "chgp": "-0.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "10.08",
          "val2": "9.15",
          "chgp": "10.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "9.07",
          "val2": "9.18",
          "chgp": "-1.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "26.87%",
          "val2": "24.16%",
          "chgp": "2.71%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -13.89% vs -10.54% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 20.09% vs -20.70% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "87.64",
          "val2": "101.78",
          "chgp": "-13.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "25.61",
          "val2": "22.01",
          "chgp": "16.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "23.19",
          "val2": "19.31",
          "chgp": "20.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "29.22%",
          "val2": "21.63%",
          "chgp": "7.59%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -14.19% vs -13.77% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 17.14% vs -27.62% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "125.15",
          "val2": "145.84",
          "chgp": "-14.19%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "35.69",
          "val2": "31.19",
          "chgp": "14.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "32.26",
          "val2": "27.54",
          "chgp": "17.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "28.52%",
          "val2": "21.39%",
          "chgp": "7.13%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -15.01% vs 28.09% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -23.10% vs 39.37% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "191.30",
          "val2": "225.08",
          "chgp": "-15.01%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "42.74",
          "val2": "61.94",
          "chgp": "-31.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.01",
          "val2": "0.09",
          "chgp": "-88.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "1.49",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "38.98",
          "val2": "50.69",
          "chgp": "-23.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "22.34%",
          "val2": "27.52%",
          "chgp": "-5.18%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
37.51
37.87
-0.95%
Operating Profit (PBDIT) excl Other Income
10.08
9.15
10.16%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
9.07
9.18
-1.20%
Operating Profit Margin (Excl OI)
26.87%
24.16%
2.71%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -0.95% vs -23.89% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -1.20% vs -34.48% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
87.64
101.78
-13.89%
Operating Profit (PBDIT) excl Other Income
25.61
22.01
16.36%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
23.19
19.31
20.09%
Operating Profit Margin (Excl OI)
29.22%
21.63%
7.59%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -13.89% vs -10.54% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 20.09% vs -20.70% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
125.15
145.84
-14.19%
Operating Profit (PBDIT) excl Other Income
35.69
31.19
14.43%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
32.26
27.54
17.14%
Operating Profit Margin (Excl OI)
28.52%
21.39%
7.13%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -14.19% vs -13.77% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 17.14% vs -27.62% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
191.30
225.08
-15.01%
Operating Profit (PBDIT) excl Other Income
42.74
61.94
-31.00%
Interest
0.01
0.09
-88.89%
Exceptional Items
0.00
1.49
-100.00%
Consolidate Net Profit
38.98
50.69
-23.10%
Operating Profit Margin (Excl OI)
22.34%
27.52%
-5.18%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -15.01% vs 28.09% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -23.10% vs 39.37% in Mar 2023

stock-summaryCompany CV
About Indo Borax & Chemicals Ltd stock-summary
stock-summary
Indo Borax & Chemicals Ltd
Micro Cap
Chemicals
Indo Borax and Chemicals Limited (IBCL) is into the business of manufacturing and selling of Boron and Lithium products which includes Boric Acid Technical Grade Powder & Granular, Boric Acid IP Grade (Indian Pharmacopoeia Grade) Powder & Granular, and Lithium Hydroxide Monohydrate. The Company's 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.
Company Coordinates stock-summary
Company Details
302 Link Rose Linking Road, Santacruz (West) Mumbai Maharashtra : 400054
stock-summary
Tel: 91-22-26489142
stock-summary
indoborax@vsnl.com
Registrar Details
Sharex Dynamic (India) Pvt Ltd , Unit -1, Luthra Ind. Premises , Safed Pool, Andheri-Kurla Road, Andheri (E), Mumbai