Indo Borax & Chemicals Limited
INDOBORAX · 524342 · Commodities · Commodity Chemicals
- Market cap
- Rs 1,307 Cr
- P/E
- 23.19x
- P/B
- 3.38x
- 52W high / low
- Rs 542.8 / Rs 230.45
About Indo Borax & Chemicals
Indo Borax & Chemicals Limited is listed on the NSE under the symbol INDOBORAX and on the BSE under scrip code 524342. It is classified in the Commodities sector, industry: Commodity Chemicals. The company listed on 29 Mar 2022 and has a face value of Rs 1.
The latest available end-of-day price is Rs 407.3 (+0.10% on the day), for a market capitalisation of Rs 1,307 Cr. Trailing P/E is 23.19x and price-to-book is 3.38x. The 52-week range is Rs 230.45 to Rs 542.8. The latest price is 57% of the way from the 52-week low to the 52-week high.
Against the 15-company comparison set from the official BSE basic industry Commodity Chemicals, its market capitalisation is 0.8 times the peer median of Rs 1,550 Cr, and its P/E of 23.19x compares with a peer median of 20.27x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For FY26 (year ended 31 Mar 2026), Indo Borax & Chemicals Limited reported revenue of Rs 215 Cr and net profit of Rs 50.3 Cr, with a net margin of 23.33% and earnings per share of Rs 15.67 (consolidated statements).
Year-on-year change: revenue +20.98%; net profit +18.27%; EPS +18.26%. Three-year compound annual growth rate: revenue −0.20%; net profit −0.28%.
At the same date the balance sheet shows total assets of Rs 405 Cr, shareholders' equity of Rs 387 Cr, total debt of Rs 0 Cr, cash of Rs 13.6 Cr, a debt-to-equity ratio of 0.00 and operating cash flow of Rs 87.2 Cr.
On a trailing-twelve-month basis the filings add up to revenue of Rs 232 Cr, net income of Rs 56.3 Cr and a net margin of 24.25%.
Shareholding pattern
In the shareholding pattern for 30 Sept 2026, Indo Borax & Chemicals Limited's ownership is split: promoters 38.41%; foreign institutional investors (FIIs) 0.10%; domestic institutional investors (DIIs) 0.04%; retail and other shareholders 61.45%.
Compared with the filing for 30 Jun 2026: promoter holding 0.00 percentage points; FII holding −0.03 percentage points; DII holding 0.00 percentage points.
The same filing lists reported promoter pledge of 100.00% and 24,528 shareholders on record.
Recent filings and corporate actions
119 BSE corporate announcements were filed by Indo Borax & Chemicals Limited in the past twelve months; the most frequent category is "Company Update" (78). The most recent is "Disclosure under regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015-Amendment of the Share Purchase Agreement" (Company Update), filed on 22 Oct 2026.
The disclosed corporate-action timeline lists 6 entries: dividend (6). The latest is a dividend (Special Dividend - Rs. - 30.0000) with ex-date 21 Jul 2026.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
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Peer comparison
Official BSE basic industry: Commodity Chemicals. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
| Gujarat Narmada Valley Fertilizers and Chemicals Limited | Rs 517.45 | Rs 7,607 Cr | Rs 8,860 Cr | Rs 1,037 Cr | 7.34x | 11.72% |
| TANFAC Industries Ltd-$ | Rs 3,532 | Rs 7,491 Cr | Rs 724 Cr | Rs 67.6 Cr | — | 19.74% |
| Gujarat Alkalies and Chemicals Limited | Rs 554.05 | Rs 4,069 Cr | Rs 4,614 Cr | Rs 66.4 Cr | 61.29x | 1.22% |
| Grauer & Weil India Limited | Rs 82.12 | Rs 3,723 Cr | Rs 1,285 Cr | Rs 160 Cr | 23.26x | 15.86% |
| GHCL Limited | Rs 388.7 | Rs 3,573 Cr | Rs 3,138 Cr | Rs 472 Cr | 7.81x | 13.42% |
| J.G.Chemicals Limited | Rs 585.2 | Rs 2,293 Cr | Rs 1,086 Cr | Rs 78.4 Cr | 30.51x | 15.14% |
| IG Petrochemicals Limited | Rs 537.35 | Rs 1,655 Cr | Rs 2,095 Cr | Rs 81.6 Cr | 20.27x | 6.11% |
| Innovassynth Technologies (India) Ltd | Rs 161.25 | Rs 1,497 Cr | Rs 0 Cr | Rs -4.8 Cr | — | -12.16% |
| Thirumalai Chemicals Limited | Rs 119.82 | Rs 1,445 Cr | Rs 1,856 Cr | Rs -151.6 Cr | — | -11.15% |
| Citurgia Biochemicals Ltd | Rs 102.45 | Rs 1,353 Cr | — | — | — | — |
| Indo Borax & Chemicals LimitedThis company | Rs 407.3 | Rs 1,307 Cr | Rs 247 Cr | Rs 56.3 Cr | 23.19x | 15.60% |
| Vikram Thermo India Ltd | Rs 396.55 | Rs 1,243 Cr | Rs 147 Cr | Rs 43.8 Cr | 28.35x | 31.50% |
| TGV Sraac Limited | Rs 113.48 | Rs 1,215 Cr | Rs 2,018 Cr | Rs 139 Cr | 8.76x | 11.19% |
| The Andhra Sugars Limited | Rs 83.05 | Rs 1,126 Cr | — | — | 13.73x | — |
| OCCL Limited | Rs 174.83 | Rs 873 Cr | Rs 606 Cr | Rs 74.8 Cr | 11.67x | 18.08% |
| Median | Rs 392.63 | Rs 1,550 Cr | Rs 1,570 Cr | Rs 76.6 Cr | 20.27x | 14.28% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Companies related to Indo Borax & Chemicals
Same official industry (Commodity Chemicals)
- Gujarat Narmada Valley Fertilizers and Chemicals LimitedGNFC · Market cap Rs 7,607 Cr
- TANFAC Industries Ltd-$INE639B01023 · Market cap Rs 7,491 Cr
- Gujarat Alkalies and Chemicals LimitedGUJALKALI · Market cap Rs 4,069 Cr
- Grauer & Weil India LimitedGRAUWEIL · Market cap Rs 3,723 Cr
- GHCL LimitedGHCL · Market cap Rs 3,573 Cr
- J.G.Chemicals LimitedJGCHEM · Market cap Rs 2,293 Cr
- IG Petrochemicals LimitedIGPL · Market cap Rs 1,655 Cr
- Innovassynth Technologies (India) LtdINE690J01011 · Market cap Rs 1,497 Cr
Other Commodities companies of a similar market capitalisation
- NMDC Steel LimitedNSLNISP · Market cap Rs 11,406 Cr
- PCBL Chemical LimitedPCBL · Market cap Rs 11,286 Cr
- Gravita India LimitedGRAVITA · Market cap Rs 10,432 Cr
- Jain Resource Recycling LimitedJAINREC · Market cap Rs 9,476 Cr
- The India Cements LimitedINDIACEM · Market cap Rs 9,305 Cr
- Jubilant Ingrevia LimitedJUBLINGREA · Market cap Rs 8,978 Cr
- Clean Science and Technology LimitedCLEAN · Market cap Rs 7,867 Cr
- SWAN CORP LIMITEDSWANCORP · Market cap Rs 7,491 Cr
Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.