Why is Indo Borax & Chemicals Ltd ?
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
- ROCE(HY) Lowest at 17.80%
- NET SALES(Q) At Rs 37.51 cr has Fallen at -15.3% (vs previous 4Q average)
3
Stock is technically in a Mildly Bearish range
- A key technical factor - Bollinger Band has been Bearish since 18 Mar 2025
4
With ROE of 13.6, it has a Expensive valuation with a 1.7 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -4.26%, its profits have risen by 8.7% ; the PEG ratio of the company is 1.4
5
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Chemicals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Indo Borax & Ch. for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Indo Borax & Ch.
-4.26%
-0.09
47.37%
SENSEX
0.45%
0.03
14.48%
Quality key factors
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%
Loading Valuation Snapshot...
Technical 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
Technical Movement
2What is working for the Company
INVENTORY TURNOVER RATIO(HY)
Highest at 11.08 times
-5What is not working for the Company
ROCE(HY)
Lowest at 17.80%
NET SALES(Q)
At Rs 37.51 cr has Fallen at -15.3% (vs previous 4Q average
Loading Valuation Snapshot...
Here's what is working for Indo Borax & Ch.
Inventory Turnover Ratio- Half Yearly
Highest at 11.08 times and Grown
each half year in the last five half yearly periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Here's what is not working for Indo Borax & Ch.
Net Sales - Quarterly
At Rs 37.51 cr has Fallen at -15.3% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 44.29 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Net Sales - Quarterly
Lowest at Rs 37.51 cr
in the last five quartersMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)