INDIAN TONERS N DEVELOP L (INDTONER) financials

INDIAN TONERS N DEVELOP L (INDTONER) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1990, Indian Toners& Developers Ltd manufacturesCompatible Toners[1]

Market Cap: ₹235Cr.
Current Price: ₹45.3
Stock P/E: 9.06
ROE: 12.6%
ROCE: 16.2%
Book Value: ₹47.0
Dividend Yield: 2.65%
52W High / Low: ₹62.0/43.0

In Sep 2026, INDIAN TONERS N DEVELOP L (INDTONER) reported sales ₹41.12 Cr and net profit ₹5.58 Cr.

Annual TTM: sales ₹165 Cr, net profit ₹26 Cr.

Shareholding: Promoters 69.25% (Sep 2026), DIIs 0.00% (Sep 2026), Public 30.74% (Sep 2026), No. of Shareholders 12,508% (Sep 2026).

INDTONER quarterly results (₹ Cr.)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	39.29	40.70	39.10	38.85	42.11	45.74	36.21	41.12
Expenses	30.61	31.98	30.45	31.57	33.41	35.55	29.36	33.57
Operating Profit	8.68	8.72	8.65	7.28	8.70	10.19	6.85	7.55
OPM %	22.09%	21.43%	22.12%	18.74%	20.66%	22.28%	18.92%	18.36%
Other Income	1.31	1.55	1.58	1.24	1.15	1.35	2.50	1.39
Interest	0.05	0.05	0.05	0.04	0.04	0.04	0.04	0.04
Depreciation	1.33	1.18	1.31	1.34	1.31	1.30	1.34	1.34
Profit before tax	8.61	9.04	8.87	7.14	8.50	10.20	7.97	7.56
Tax %	25.20%	26.00%	11.50%	24.65%	24.94%	25.20%	23.46%	26.32%
Net Profit	6.43	6.69	7.84	5.38	6.39	7.62	6.10	5.58
EPS in Rs	1.24	1.29	1.51	1.03	1.23	1.47	1.17	1.07
Raw PDF	—	—	—	—	—	—	—	—

INDTONER profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	91	88	122	159	163	153	166	165
Expenses	78	73	99	124	129	120	131	132
Operating Profit	13	16	24	35	34	33	35	33
OPM %	14%	18%	19%	22%	21%	22%	21%	20%
Other Income	7	8	4	4	6	6	5	6
Interest	1	0	0	1	0	0	0	0
Depreciation	4	4	4	4	5	5	5	5
Profit before tax	15	19	23	34	34	34	35	34
Tax %	17%	28%	19%	23%	23%	33%	22%	—
Net Profit	12	14	19	26	26	22	27	26
EPS in Rs	1.85	2.50	3.49	4.85	4.81	4.32	5.24	4.94
Dividend Payout %	32%	24%	17%	14%	19%	21%	23%	—

INDTONER balance sheet (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Sep 2026
Equity Capital	13	11	11	11	11	10	10	10
Reserves	171	150	155	177	199	191	222	234
Borrowings	0	0	0	0	0	0	0	0
Other Liabilities	20	22	26	22	22	28	29	31
Total Liabilities	204	183	192	211	232	230	261	275
Fixed Assets	54	50	49	69	77	80	89	86
CWIP	0	0	1	2	0	0	0	0
Investments	101	76	65	64	70	52	102	110
Other Assets	49	56	77	76	85	97	70	78
Total Assets	204	183	192	211	232	230	261	275

INDTONER cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	14	13	19	14	21	24	26	36
Cash from Investing Activity	-2	-9	28	4	-23	-12	16	-52
Cash from Financing Activity	-5	-8	-38	-15	-5	-6	-31	-7
Net Cash Flow	6	-3	9	3	-6	7	11	-23
Free Cash Flow	8	9	19	5	-3	12	18	33
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	79%	129%	146%	79%	75%	93%	97%	127%

INDTONER shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	69.25%	69.25%	69.25%	69.25%	69.25%	69.25%	69.25%	69.25%
DIIs	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.00%
Public	30.72%	30.72%	30.71%	30.72%	30.72%	30.72%	30.71%	30.74%
No. of Shareholders	19,050	18,245	17,883	17,625	17,367	17,068	17,345	12,508

INDTONER key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	58	56	65	51	50	58	56	60
Inventory Days	130	149	108	126	95	84	124	94
Days Payable	116	108	105	89	33	28	51	38
Cash Conversion Cycle	72	98	69	87	112	115	129	117
Working Capital Days	64	68	58	77	85	98	97	78
ROCE %	15%	8%	11%	14%	20%	17%	16%	16%

INDTONERUpdated 30 Oct 2026, 18:08

Indian Toners N Develop L

INDTONERUpdated 30 Oct 2026, 18:08

Market Cap

₹235Cr.

Current Price

₹45.3

High / Low

₹62.0/43.0

Stock P/E

9.06

Book Value₹47.0

Dividend Yield2.65%

ROCE16.2%

ROE12.6%

Face Value₹2.00

About

Incorporated in 1990, Indian Toners& Developers Ltd manufacturesCompatible Toners[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Sep 2023	39.8	0.05	31.22	1.12	1.32	8.33	39.86	5.01	0.92
Dec 2023	37.08	0.06	29.11	1.38	1.43	7.86	28.37	5.64	1.04
Mar 2024	42.79	0.06	33.77	1.94	1.41	9.49	9.27	8.62	1.59
Jun 2024	35.32	0.05	27.52	1.37	1.58	7.54	49.47	3.81	0.7
Sep 2024	37.68	0.05	29.86	1.88	1.33	8.32	33.89	5.51	1.06
Dec 2024	39.29	0.05	30.61	1.31	1.33	8.61	25.2	6.43	1.24
Mar 2025	40.7	0.05	31.98	1.55	1.18	9.04	26	6.69	1.29
Jun 2025	39.1	0.05	30.45	1.58	1.31	8.87	11.5	7.84	1.51
Sep 2025	38.85	0.04	31.57	1.24	1.34	7.14	24.65	5.38	1.03
Dec 2025	42.11	0.04	33.41	1.15	1.31	8.5	24.94	6.39	1.23
Mar 2026	45.74	0.04	35.55	1.35	1.3	10.2	25.2	7.62	1.47
Jun 2026	36.21	0.04	29.36	2.5	1.34	7.97	23.46	6.1	1.17
Sep 2026	41.12	0.04	33.57	1.39	1.34	7.56	26.32	5.58	1.07

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	34	0	29	3	1	6	25	5	1.16
Mar 2016	35	0	29	3	1	7	19	6	1.46
Mar 2017	115	1	87	7	3	30	22	24	5.86
Mar 2018	112	1	84	7	4	30	19	24	3.68
Mar 2019	115	1	92	6	4	25	19	20	3.1
Mar 2020	91	1	78	7	4	15	17	12	1.85
Mar 2021	88	0	73	8	4	19	28	14	2.5
Mar 2022	122	0	99	4	4	23	19	19	3.49
Mar 2023	159	1	124	4	4	34	23	26	4.85
Mar 2024	163	0	129	6	5	34	23	26	4.81
Mar 2025	153	0	120	6	5	34	33	22	4.32
Mar 2026	166	0	131	5	5	35	22	27	5.24
TTM	165	0	132	6	5	34	—	26	4.94

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	69.25%
Public	30.74%

Shareholding trend

Ownership over time%

Quarter	Promoters	DIIs	Public
Sep 2023	69.25%	0.03%	30.73%
Dec 2023	69.25%	0.03%	30.72%
Jun 2024	69.25%	0.03%	30.72%
Sep 2024	69.25%	0.03%	30.71%
Dec 2024	69.25%	0.03%	30.72%
Mar 2025	69.25%	0.03%	30.72%
Jun 2025	69.25%	0.03%	30.71%
Sep 2025	69.25%	0.03%	30.72%
Dec 2025	69.25%	0.03%	30.72%
Mar 2026	69.25%	0.03%	30.72%
Jun 2026	69.25%	0.03%	30.71%
Sep 2026	69.25%	0%	30.74%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	8	45	8	62	11	0	32	19	62
Mar 2016	8	51	9	68	11	0	39	18	68
Mar 2017	8	131	30	169	45	8	71	45	169
Mar 2018	13	151	24	188	52	1	87	48	188
Mar 2019	13	167	22	202	52	1	91	58	202
Mar 2020	13	171	20	204	54	0	101	49	204
Mar 2021	11	150	22	183	50	0	76	56	183
Mar 2022	11	155	26	192	49	1	65	77	192
Mar 2023	11	177	22	211	69	2	64	76	211
Mar 2024	11	199	22	232	77	0	70	85	232
Mar 2025	10	191	28	230	80	0	52	97	230
Mar 2026	10	222	29	261	89	0	102	70	261
Sep 2026	10	234	31	275	86	0	110	78	275

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	3	-3	0	0
Mar 2016	6	-6	0	0
Mar 2017	18	-16	-2	0
Mar 2018	19	-16	-4	-1
Mar 2019	14	-2	-5	6
Mar 2020	13	-9	-8	-3
Mar 2021	19	28	-38	9
Mar 2022	14	4	-15	3
Mar 2023	21	-23	-5	-6
Mar 2024	24	-12	-6	7
Mar 2025	26	16	-31	11
Mar 2026	36	-52	-7	-23

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	63	32	46	57	58	56	65	51	50	58	56	60
Inventory Days	126	165	82	105	130	149	108	126	95	84	124	94
Days Payable	82	94	86	127	116	108	105	89	33	28	51	38
Cash Conversion Cycle	106	102	43	35	72	98	69	87	112	115	129	117
Working Capital Days	76	65	41	56	64	68	58	77	85	98	97	78
ROCE %	9%	13%	28%	20%	15%	8%	11%	14%	20%	17%	16%	16%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of INDIAN TONERS N DEVELOP L (INDTONER)?

The reported market capitalisation for INDIAN TONERS N DEVELOP L (INDTONER) is ₹235Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of INDTONER?

The current price shown for INDIAN TONERS N DEVELOP L (INDTONER) on Fincrux is ₹45.3 with a 52-week high/low of ₹62.0/43.0.

What is the P/E ratio of INDIAN TONERS N DEVELOP L (INDTONER)?

The stock P/E for INDIAN TONERS N DEVELOP L (INDTONER) is 9.06 on Fincrux, with ROE at 12.6% and ROCE at 16.2%.

What were INDTONER latest quarterly results?

For Sep 2026, INDIAN TONERS N DEVELOP L (INDTONER) reported sales ₹41.12 Cr and net profit ₹5.58 Cr (figures in ₹ crore unless noted).

What are INDTONER annual sales and net profit?

For TTM, INDIAN TONERS N DEVELOP L (INDTONER) shows sales of ₹165 Cr and net profit of ₹26 Cr on the Fincrux profit & loss statement.

Who owns INDIAN TONERS N DEVELOP L (INDTONER)?

Latest shareholding for INDIAN TONERS N DEVELOP L (INDTONER) on Fincrux: Promoters 69.25% (Sep 2026), DIIs 0.00% (Sep 2026), Public 30.74% (Sep 2026), No. of Shareholders 12,508% (Sep 2026).

Where can I find INDIAN TONERS N DEVELOP L (INDTONER) financials?

INDIAN TONERS N DEVELOP L (INDTONER) 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 INDTONER balance sheet and cash flow?

Yes. The INDIAN TONERS N DEVELOP L (INDTONER) 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 30 October 2026 at 18:08