Indo Borax & Chemicals logo

Indo Borax & Chemicals share price

NSE: INDOBORAXBSE: 524342Chemicals & PetrochemicalsSmall Cap

Last close ₹414.35down ₹10.45 (2.46%)BSE ₹413.35

Share price at the NSE close on 23 Oct 2026. Previous close ₹424.80.

52-week range of traded prices to 23 Oct 2026
₹230.45Low, 4 Dec 2025₹542.80High, 7 Sep 2026
Market cap
₹1,330 Cr1,543rd largest listed
P/E
23.6
P/E without one-offs
28.8
P/B
3.4
Dividend yield
9.65%
ROE
15.6%
ROE without one-offs
12.8%
ROCE
12.7%
Debt to equity
0.00
Volume, NSE
1,10,75761.0% delivered

Share price

Daily closes since Sep 2021, BSE closes Jan 2007 to Mar 2022, adjusted for splits and bonuses. Earlier closes are left out: on 27 Sep 2021 the price changed in a way no corporate action on record explains.

+75.0%over a year

Results20-session average 5,64,392 shares a day, 38.0% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 10 Aug

Revenue
₹70 Crup 11.66%
Net profit
₹16 Crup 11.85%
Net margin
23.1%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.

₹ croreSep 2024Filed 14 NovDec 2024Filed 12 FebMar 2025Filed 10 JunJun 2025Filed 12 AugSep 2025Filed 25 NovDec 2025Filed 16 JanMar 2026Filed 21 MayJun 2026Filed 10 Aug
Revenue37.937.550.153.657.841.063.070.4
Net profit9.29.110.210.216.39.314.516.3
Net margin24.2%24.2%20.4%19.0%28.1%22.6%23.1%23.1%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturer of Chemicals, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 96% of 2,292 trading days since Jun 2017.

LowestHighest
Its median11.5Industry median18.3
Price to book

At or below today's level on 96% of 1,788 trading days since Nov 2018.

LowestHighest
Its median2.0Industry median1.3
EV to EBITDA25.4

At or below today's level on 92% of 1,223 trading days over the last 5 years.

LowestHighest
Its median9.6Industry median9.6
Dividend yield

At or below today's level on 99.6% of 2,423 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median1.04%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+59.3%+18.3%+20.8%16.5%
3 years+39.5%−0.3%+34.0%5.9%
Longer windows are left empty: a corporate action or price step on 2021-09-27 that cannot be sized sits inside this window. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters38.41%
  • Foreign institutions0.10%
  • Indian institutions0.04%
  • Individuals and others61.44%
Holder
ZENROCK CHEMICALS PRIVATE LIMITEDPromoter38.41%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSInvestor education fund7.77%
DIPAK KANAYALAL SHAHResident individuals, over ₹2 lakh at face value1.17%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Commodity Chemicals, 74 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Indo Borax & Chemicals in market cap. 1 company in the table last traded before then: its row is priced on its last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
IG Petrochemicals logoIG PetrochemicalsIGPL1,56219.11.28.3−0.9%+34.5%6.1%8.1%0.99%
Innovassynth Technologies (India) logoInnovassynth Technologies (India)INOVSYNTH1,463–––––––0.00%
Thirumalai Chemicals logoThirumalai ChemicalsTIRUMALCHM1,448–0.9163.9−5.8%–−11.2%−1.9%0.00%
Citurgia Biochemicals logoCiturgia BiochemicalsCITURGIA1,353–––––––0.00%
TGV Sraac logoTGV SraacTGVSL1,2248.80.94.2+7.6%+18.3%11.2%12.0%0.88%
The Andhra Sugars logoThe Andhra SugarsANDHRSUGAR1,0359.80.64.3+16.5%+204.6%6.5%8.1%1.83%
Vikram Thermo (India) logoVikram Thermo (India)VIKRAMTH97822.36.216.1+16.7%+37.5%31.5%35.6%0.40%
Sree Rayalaseema Hi-Strength Hypo logoSree Rayalaseema Hi-Strength HypoSRHHYPOLTD8158.90.84.2+7.4%+0.2%9.7%8.4%0.63%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹40.00 a share, year to Mar 2026.
Ex-dateTypePer share
21 Jul 2026Final₹10.00
21 Jul 2026Special₹30.00
18 Sep 2025Final₹1.00
20 Aug 2024Final₹1.00
11 Aug 2023Final₹1.00
18 Aug 2022Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Indo Borax & Chemicals share price by year

Each calendar year to 2025.Indo Borax & Chemicals share price history

YearClose at year endChangeHighest closeLowest close
2025283.21+58.1%293.15147.81
2024179.19−21.2%247.93149.00
2023227.45+66.8%227.4597.45
2022BSE close136.40−5.0%174.0096.80
2021BSE close143.65–198.05126.15
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 27 Sep 2021.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026420.00426.20399.80414.35408.611,10,75761.0%
22 Oct 2026421.10433.20402.30424.80423.0248,19235.9%
21 Oct 2026462.80464.80409.55422.15426.262,63,53151.4%
19 Oct 2026475.00477.70458.00458.20462.0341,82752.9%
16 Oct 2026478.00480.95457.10472.40469.662,13,62564.1%
15 Oct 2026478.50487.65472.15476.90479.5240,06137.9%
14 Oct 2026478.00504.15478.00481.25492.921,65,85127.1%
13 Oct 2026492.00496.65465.10479.15477.1167,88638.3%
12 Oct 2026481.45492.00479.60489.10487.6262,12540.9%
9 Oct 2026482.20484.60472.00476.20477.4942,46342.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Buyback and open offer history

Ex-dateEventPrice factorWhat happened
27 Sep 2021Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Legal name
Indo Borax & Chemicals Limited
NSE symbol
INDOBORAX
BSE code
524342
ISIN
INE803D01021
Industry
Chemicals & Petrochemicals
Listed
Sep 1993 on BSE, Mar 2022 on NSE
Face value
₹1
CIN
L24100MH1980PLC023177
Corporate identity number, the registrar of companies' code for it