INDO BORAX & CHEMICAL LTD (INDOBORAX) financials

INDO BORAX & CHEMICAL LTD (INDOBORAX) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1980, Indo Borax & Chemicals Ltd is in the business of manufacturing Boron and Lithium products[1]

Market Cap: ₹1,544Cr.
Current Price: ₹481
Stock P/E: 31.8
ROE: 9.96%
ROCE: 15.2%
Book Value: ₹120
Dividend Yield: 2.08%
52W High / Low: ₹543/228

In Jun 2026, INDO BORAX & CHEMICAL LTD (INDOBORAX) reported sales ₹70 Cr and net profit ₹16 Cr.

Annual TTM: sales ₹232 Cr, net profit ₹56 Cr.

Shareholding: Promoters 38.41% (Jun 2026), FIIs 0.13% (Jun 2026), DIIs 0.04% (Jun 2026), Public 61.43% (Jun 2026), No. of Shareholders 20,592% (Jun 2026).

INDOBORAX quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	38	38	50	54	58	41	63	70
Expenses	29	27	40	41	47	32	50	51
Operating Profit	9	10	10	12	10	9	13	20
OPM %	24%	27%	20%	23%	18%	21%	20%	28%
Other Income	4	4	4	3	13	4	5	3
Interest	0	0	0	0	0	0	0	0
Depreciation	1	1	1	1	1	1	1	0
Profit before tax	13	13	13	14	22	12	17	22
Tax %	29%	34%	20%	29%	28%	24%	17%	26%
Net Profit	9	9	10	10	16	9	14	16
EPS in Rs	2.81	2.78	3.14	3.13	5.01	2.84	4.52	5.06
Raw PDF	—	—	—	—	—	—	—	—

INDOBORAX profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	115	144	175	215	191	175	215	232
Expenses	97	100	128	153	149	129	171	180
Operating Profit	19	44	48	62	43	46	44	52
OPM %	16%	31%	27%	29%	22%	26%	21%	22%
Other Income	5	4	3	8	11	15	25	25
Interest	0	0	0	0	0	0	0	0
Depreciation	1	1	1	2	2	3	3	3
Profit before tax	23	47	50	69	51	58	66	74
Tax %	23%	26%	27%	26%	25%	28%	24%	—
Net Profit	18	35	36	50	38	42	50	56
EPS in Rs	5.46	10.82	11.31	15.70	11.97	13.05	15.50	17.43
Dividend Payout %	4%	9%	1%	6%	8%	8%	6%	—

INDOBORAX balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	3	3	3	3	3	3	3	3
Reserves	117	135	170	204	252	289	331	381
Borrowings	0	0	0	0	0	0	0	1
Other Liabilities	11	10	17	14	20	18	21	17
Total Liabilities	131	148	190	222	275	310	355	403
Fixed Assets	50	46	89	91	96	99	101	48
CWIP	1	1	1	1	1	1	1	1
Investments	38	19	41	14	19	53	67	207
Other Assets	42	83	59	116	158	157	186	147
Total Assets	131	148	190	222	275	310	355	403

INDOBORAX cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	15	13	26	11	51	70	-93	76
Cash from Investing Activity	-16	26	-63	26	-8	-31	-8	-65
Cash from Financing Activity	-1	-0	-1	-3	-3	-3	-3	-3
Net Cash Flow	-2	39	-38	34	39	36	-104	7
Free Cash Flow	14	13	25	11	46	65	-100	95
CFO/OP	111%	100%	83%	53%	107%	197%	-169%	216%

INDOBORAX shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	50.79%	50.79%	50.79%	50.79%	50.79%	50.79%	30.80%	38.41%
FIIs	0.06%	0.01%	0.02%	0.02%	0.53%	0.23%	0.45%	0.13%
DIIs	0.00%	0.00%	0.01%	0.02%	0.02%	0.02%	2.19%	0.04%
Public	49.14%	49.20%	49.16%	49.16%	48.67%	48.96%	66.56%	61.43%
No. of Shareholders	29,817	29,646	28,603	27,039	22,387	21,091	20,466	20,592

INDOBORAX key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	27	25	22	21	22	26	33	18
Inventory Days	53	56	117	262	215	80	210	102
Days Payable	9	15	31	23	13	13	24	10
Cash Conversion Cycle	71	66	108	260	224	93	218	110
Working Capital Days	66	39	56	123	100	47	174	165
ROCE %	22%	17%	30%	26%	29%	18%	18%	15%

INDOBORAXUpdated 13 Oct 2026, 17:46

Indo Borax & Chemical Ltd

INDOBORAXUpdated 13 Oct 2026, 17:46

Market Cap

₹1,544Cr.

Current Price

₹481

High / Low

₹543/228

Stock P/E

31.8

ROE9.96%

ROCE15.2%

Book Value₹120

Face Value₹1.00

Dividend Yield2.08%

About

Incorporated in 1980, Indo Borax & Chemicals Ltd is in the business of manufacturing Boron and Lithium products[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	55	43	3	1	14	27	10	3.19
Sep 2023	47	37	3	1	12	27	9	2.74
Dec 2023	44	35	3	1	11	28	8	2.52
Mar 2024	45	34	3	1	14	20	11	3.52
Jun 2024	50	33	3	0	19	27	14	4.32
Sep 2024	38	29	4	1	13	29	9	2.81
Dec 2024	38	27	4	1	13	34	9	2.78
Mar 2025	50	40	4	1	13	20	10	3.14
Jun 2025	54	41	3	1	14	29	10	3.13
Sep 2025	58	47	13	1	22	28	16	5.01
Dec 2025	41	32	4	1	12	24	9	2.84
Mar 2026	63	50	5	1	17	17	14	4.52
Jun 2026	70	51	3	0	22	26	16	5.06

Profit & loss

Annual statement₹ Cr.

Year	Sales	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	73	57	4	1	18	32	12	3.87
Mar 2016	65	53	3	1	14	32	9	2.85
Mar 2017	67	56	3	1	12	30	8	2.59
Mar 2018	97	79	4	1	20	35	13	4.09
Mar 2019	128	108	5	1	24	27	18	5.48
Mar 2020	115	97	5	1	23	23	18	5.46
Mar 2021	144	100	4	1	47	26	35	10.82
Mar 2022	175	128	3	1	50	27	36	11.31
Mar 2023	215	153	8	2	69	26	50	15.7
Mar 2024	191	149	11	2	51	25	38	11.97
Mar 2025	175	129	15	3	58	28	42	13.05
Mar 2026	215	171	25	3	66	24	50	15.5
TTM	232	180	25	3	74	—	56	17.43

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	38.41%
FIIs	0.13%
DIIs	0.04%
Public	61.43%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	52.07%	0.01%	0%	47.9%
Dec 2023	52.07%	0.03%	0%	47.89%
Mar 2024	50.8%	0.1%	0%	49.09%
Jun 2024	50.79%	0%	0.06%	49.15%
Sep 2024	50.79%	0.06%	0%	49.14%
Dec 2024	50.79%	0.01%	0%	49.2%
Mar 2025	50.79%	0.02%	0.01%	49.16%
Jun 2025	50.79%	0.02%	0.02%	49.16%
Sep 2025	50.79%	0.53%	0.02%	48.67%
Dec 2025	50.79%	0.23%	0.02%	48.96%
Mar 2026	30.8%	0.45%	2.19%	66.56%
Jun 2026	38.41%	0.13%	0.04%	61.43%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	3	74	0	8	85	11	2	15	58	85
Mar 2016	3	83	0	8	94	20	2	33	39	94
Mar 2017	3	91	0	9	103	52	1	24	26	103
Mar 2018	3	100	0	12	116	51	1	21	43	116
Mar 2019	3	117	0	11	131	50	1	38	42	131
Mar 2020	3	135	0	10	148	46	1	19	83	148
Mar 2021	3	170	0	17	190	89	1	41	59	190
Mar 2022	3	204	0	14	222	91	1	14	116	222
Mar 2023	3	252	0	20	275	96	1	19	158	275
Mar 2024	3	289	0	18	310	99	1	53	157	310
Mar 2025	3	331	0	21	355	101	1	67	186	355
Mar 2026	3	381	1	17	403	48	1	207	147	403

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	-7	22	-2	14
Mar 2016	12	-23	-1	-12
Mar 2017	20	-24	0	-4
Mar 2018	-2	5	-1	3
Mar 2019	15	-16	-1	-2
Mar 2020	13	26	0	39
Mar 2021	26	-63	-1	-38
Mar 2022	11	26	-3	34
Mar 2023	51	-8	-3	39
Mar 2024	70	-31	-3	36
Mar 2025	-93	-8	-3	-104
Mar 2026	76	-65	-3	7

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	17	30	28	33	27	25	22	21	22	26	33	18
Inventory Days	237	205	38	62	53	56	117	262	215	80	210	102
Days Payable	40	41	34	20	9	15	31	23	13	13	24	10
Cash Conversion Cycle	214	195	31	75	71	66	108	260	224	93	218	110
Working Capital Days	121	108	29	77	66	39	56	123	100	47	174	165
ROCE %	25%	17%	13%	20%	22%	17%	30%	26%	29%	18%	18%	15%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of INDO BORAX & CHEMICAL LTD (INDOBORAX)?

The reported market capitalisation for INDO BORAX & CHEMICAL LTD (INDOBORAX) is ₹1,544Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of INDOBORAX?

The current price shown for INDO BORAX & CHEMICAL LTD (INDOBORAX) on Fincrux is ₹481 with a 52-week high/low of ₹543/228.

What is the P/E ratio of INDO BORAX & CHEMICAL LTD (INDOBORAX)?

The stock P/E for INDO BORAX & CHEMICAL LTD (INDOBORAX) is 31.8 on Fincrux, with ROE at 9.96% and ROCE at 15.2%.

What were INDOBORAX latest quarterly results?

For Jun 2026, INDO BORAX & CHEMICAL LTD (INDOBORAX) reported sales ₹70 Cr and net profit ₹16 Cr (figures in ₹ crore unless noted).

What are INDOBORAX annual sales and net profit?

For TTM, INDO BORAX & CHEMICAL LTD (INDOBORAX) shows sales of ₹232 Cr and net profit of ₹56 Cr on the Fincrux profit & loss statement.

Who owns INDO BORAX & CHEMICAL LTD (INDOBORAX)?

Latest shareholding for INDO BORAX & CHEMICAL LTD (INDOBORAX) on Fincrux: Promoters 38.41% (Jun 2026), FIIs 0.13% (Jun 2026), DIIs 0.04% (Jun 2026), Public 61.43% (Jun 2026), No. of Shareholders 20,592% (Jun 2026).

Where can I find INDO BORAX & CHEMICAL LTD (INDOBORAX) financials?

INDO BORAX & CHEMICAL LTD (INDOBORAX) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show INDOBORAX balance sheet and cash flow?

Yes. The INDO BORAX & CHEMICAL LTD (INDOBORAX) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 13 October 2026 at 17:46