INDO RAMA SYNTHETICS LTD (INDORAMA) financials

INDO RAMA SYNTHETICS LTD (INDORAMA) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1989, Indo Rama Synthetics Ltd is a manufacturer of polyester yarns and fibres[1]

Market Cap: ₹2,547Cr.
Current Price: ₹97.6
Stock P/E: 17.4
ROE: 22.2%
ROCE: 15.8%
Book Value: ₹25.0
Dividend Yield: 0.00%
52W High / Low: ₹112/28.7

In Sep 2026, INDO RAMA SYNTHETICS LTD (INDORAMA) reported sales ₹1,248 Cr and net profit ₹55 Cr.

Annual TTM: sales ₹4,234 Cr, net profit ₹143 Cr.

Shareholding: Promoters 75.00% (Sep 2026), FIIs 0.11% (Sep 2026), DIIs 0.80% (Sep 2026), Public 24.09% (Sep 2026), No. of Shareholders 31,064% (Sep 2026).

INDORAMA quarterly results (₹ Cr.)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	1,070	1,114	1,185	1,166	1,071	1,097	818	1,248
Expenses	1,011	1,042	1,124	1,109	1,027	1,024	756	1,164
Operating Profit	60	72	61	58	44	72	62	85
OPM %	6%	6%	5%	5.0%	4.1%	7%	8%	7%
Other Income	4	23	5	4	8	8	7	6
Interest	32	35	23	29	32	27	26	26
Depreciation	10	10	10	10	10	9	10	10
Profit before tax	21	50	32	23	11	44	34	55
Tax %	0%	0%	0%	0%	0%	0%	0%	0%
Net Profit	21	50	32	23	11	44	34	55
EPS in Rs	0.81	1.90	1.24	0.88	0.42	1.68	1.29	2.11
Raw PDF	—	—	—	—	—	—	—	—

INDORAMA profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	2,106	2,023	3,901	3,906	3,707	3,957	4,519	4,234
Expenses	2,128	1,930	3,599	3,859	3,715	3,802	4,284	3,970
Operating Profit	-22	93	302	48	-8	155	235	263
OPM %	-1.0%	4.6%	8%	1.2%	-0.2%	3.9%	5%	6%
Other Income	20	10	9	23	8	32	25	29
Interest	92	66	62	59	107	128	111	110
Depreciation	86	34	31	31	34	39	38	39
Profit before tax	-180	3	218	-19	-142	20	110	143
Tax %	76%	-4,031%	-23%	0%	0%	0%	0%	—
Net Profit	-316	113	268	-19	-142	20	110	143
EPS in Rs	-12.11	4.32	10.27	-0.74	-5.43	0.77	4.21	5.50
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	—

INDORAMA balance sheet (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Sep 2026
Equity Capital	261	261	261	261	261	261	261	261
Reserves	-39	72	338	316	173	192	303	391
Borrowings	471	395	326	688	1,027	871	952	726
Other Liabilities	790	965	1,127	1,218	1,112	1,341	1,495	1,487
Total Liabilities	1,484	1,693	2,052	2,483	2,573	2,664	3,011	2,866
Fixed Assets	703	688	697	782	876	898	874	865
CWIP	7	9	32	110	70	31	37	35
Investments	1	3	6	16	16	16	16	16
Other Assets	772	994	1,316	1,575	1,611	1,720	2,084	1,950
Total Assets	1,484	1,693	2,052	2,483	2,573	2,664	3,011	2,866

INDORAMA cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-211	-118	181	198	-66	-165	336	46
Cash from Investing Activity	17	39	-17	-49	-188	-110	-52	-25
Cash from Financing Activity	185	87	-174	-149	305	236	-278	-30
Net Cash Flow	-9	8	-10	-0	51	-39	6	-9
Free Cash Flow	-216	-129	157	148	-246	-265	305	25
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	219%	549%	179%	64%	-131%	2,053%	217%	19%

INDORAMA shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	74.84%	74.84%	74.84%	74.84%	74.84%	74.84%	74.84%	75.00%
FIIs	0.00%	0.01%	0.50%	0.37%	0.21%	0.24%	0.13%	0.11%
DIIs	2.56%	2.56%	0.92%	0.92%	0.92%	0.92%	0.92%	0.80%
Public	22.59%	22.58%	23.73%	23.86%	24.03%	24.00%	24.12%	24.09%
No. of Shareholders	30,271	29,697	28,721	26,651	26,947	26,677	26,804	31,064

INDORAMA key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	13	16	19	17	15	29	29	31
Inventory Days	50	57	100	68	76	61	59	61
Days Payable	158	126	220	129	130	117	142	141
Cash Conversion Cycle	-95	-53	-101	-44	-39	-28	-53	-49
Working Capital Days	-132	-52	-62	-22	-26	-70	-59	-32
ROCE %	-22%	-12%	11%	34%	4%	-2%	11%	16%

INDORAMAUpdated 18 Oct 2026, 2:57

Indo Rama Synthetics Ltd

INDORAMAUpdated 18 Oct 2026, 2:57

Market Cap

₹2,547Cr.

Current Price

₹97.6

High / Low

₹112/28.7

Stock P/E

17.4

ROE22.2%

ROCE15.8%

Book Value₹25.0

Face Value₹10.0

Dividend Yield0.00%

About

Incorporated in 1989, Indo Rama Synthetics Ltd is a manufacturer of polyester yarns and fibres[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Net Profit	EPS (₹)
Sep 2023	1196	25	1159	1	8	5	5	0.19
Dec 2023	832	29	879	6	9	-79	-79	-3.02
Mar 2024	864	31	842	2	9	-16	-16	-0.6
Jun 2024	869	30	844	2	10	-12	-12	-0.47
Sep 2024	904	31	906	4	10	-38	-38	-1.47
Dec 2024	1070	32	1011	4	10	21	21	0.81
Mar 2025	1114	35	1042	23	10	50	50	1.9
Jun 2025	1185	23	1124	5	10	32	32	1.24
Sep 2025	1166	29	1109	4	10	23	23	0.88
Dec 2025	1071	32	1027	8	10	11	11	0.42
Mar 2026	1097	27	1024	8	9	44	44	1.68
Jun 2026	818	26	756	7	10	34	34	1.29
Sep 2026	1248	26	1164	6	10	55	55	2.11

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	2758	43	2635	4	117	-34	-37	-22	-1.42
Mar 2016	2525	54	2464	-25	78	-96	-137	36	2.35
Mar 2017	2459	91	2450	24	79	-138	-39	-84	-5.53
Mar 2018	2247	94	2191	-4	83	-125	-34	-83	-5.45
Mar 2019	1692	131	1788	-110	83	-422	-36	-271	-15.22
Mar 2020	2106	92	2128	20	86	-180	76	-316	-12.11
Mar 2021	2023	66	1930	10	34	3	-4031	113	4.32
Mar 2022	3901	62	3599	9	31	218	-23	268	10.27
Mar 2023	3906	59	3859	23	31	-19	0	-19	-0.74
Mar 2024	3707	107	3715	8	34	-142	0	-142	-5.43
Mar 2025	3957	128	3802	32	39	20	0	20	0.77
Mar 2026	4519	111	4284	25	38	110	0	110	4.21
TTM	4234	110	3970	29	39	143	—	143	5.5

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	75%
FIIs	0.11%
DIIs	0.8%
Public	24.09%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	74.85%	0.16%	3.07%	—	21.92%
Mar 2024	74.84%	0.03%	2.89%	—	22.24%
Jun 2024	74.84%	0%	2.89%	—	22.27%
Sep 2024	74.84%	0.01%	2.57%	—	22.56%
Dec 2024	74.84%	0%	2.56%	—	22.59%
Mar 2025	74.84%	0.01%	2.56%	—	22.58%
Jun 2025	74.84%	0.5%	0.92%	—	23.73%
Sep 2025	74.84%	0.37%	0.92%	—	23.86%
Dec 2025	74.84%	0.21%	0.92%	—	24.03%
Mar 2026	74.84%	0.24%	0.92%	—	24%
Jun 2026	74.84%	0.13%	0.92%	—	24.12%
Sep 2026	75%	0.11%	0.8%	—	24.09%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	152	402	373	822	1748	939	3	44	762	1748
Mar 2016	152	452	321	872	1797	935	16	61	785	1797
Mar 2017	152	350	307	799	1608	898	11	1	698	1608
Mar 2018	152	268	366	711	1497	840	3	1	654	1497
Mar 2019	178	63	574	775	1590	759	2	0	828	1590
Mar 2020	261	-39	471	790	1484	703	7	1	772	1484
Mar 2021	261	72	395	965	1693	688	9	3	994	1693
Mar 2022	261	338	326	1127	2052	697	32	6	1316	2052
Mar 2023	261	316	688	1218	2483	782	110	16	1575	2483
Mar 2024	261	173	1027	1112	2573	876	70	16	1611	2573
Mar 2025	261	192	871	1341	2664	898	31	16	1720	2664
Mar 2026	261	303	952	1495	3011	874	37	16	2084	3011
Sep 2026	261	391	726	1487	2866	865	35	16	1950	2866

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	182	16	-187	11
Mar 2016	127	-32	-112	-17
Mar 2017	39	53	-93	-1
Mar 2018	28	-6	-14	8
Mar 2019	-211	17	185	-9
Mar 2020	-118	39	87	8
Mar 2021	181	-17	-174	-10
Mar 2022	198	-49	-149	0
Mar 2023	-66	-188	305	51
Mar 2024	-165	-110	236	-39
Mar 2025	336	-52	-278	6
Mar 2026	46	-25	-30	-9

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	15	29	20	18	13	16	19	17	15	29	29	31
Inventory Days	46	48	36	25	50	57	100	68	76	61	59	61
Days Payable	92	136	132	135	158	126	220	129	130	117	142	141
Cash Conversion Cycle	-30	-60	-76	-92	-95	-53	-101	-44	-39	-28	-53	-49
Working Capital Days	-42	-58	-69	-95	-132	-52	-62	-22	-26	-70	-59	-32
ROCE %	1%	-1%	-8%	-3%	-22%	-12%	11%	34%	4%	-2%	11%	16%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of INDO RAMA SYNTHETICS LTD (INDORAMA)?

The reported market capitalisation for INDO RAMA SYNTHETICS LTD (INDORAMA) is ₹2,547Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of INDORAMA?

The current price shown for INDO RAMA SYNTHETICS LTD (INDORAMA) on Fincrux is ₹97.6 with a 52-week high/low of ₹112/28.7.

What is the P/E ratio of INDO RAMA SYNTHETICS LTD (INDORAMA)?

The stock P/E for INDO RAMA SYNTHETICS LTD (INDORAMA) is 17.4 on Fincrux, with ROE at 22.2% and ROCE at 15.8%.

What were INDORAMA latest quarterly results?

For Sep 2026, INDO RAMA SYNTHETICS LTD (INDORAMA) reported sales ₹1,248 Cr and net profit ₹55 Cr (figures in ₹ crore unless noted).

What are INDORAMA annual sales and net profit?

For TTM, INDO RAMA SYNTHETICS LTD (INDORAMA) shows sales of ₹4,234 Cr and net profit of ₹143 Cr on the Fincrux profit & loss statement.

Who owns INDO RAMA SYNTHETICS LTD (INDORAMA)?

Latest shareholding for INDO RAMA SYNTHETICS LTD (INDORAMA) on Fincrux: Promoters 75.00% (Sep 2026), FIIs 0.11% (Sep 2026), DIIs 0.80% (Sep 2026), Public 24.09% (Sep 2026), No. of Shareholders 31,064% (Sep 2026).

Where can I find INDO RAMA SYNTHETICS LTD (INDORAMA) financials?

INDO RAMA SYNTHETICS LTD (INDORAMA) 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 INDORAMA balance sheet and cash flow?

Yes. The INDO RAMA SYNTHETICS LTD (INDORAMA) 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 18 October 2026 at 2:57