Indo Borax & Chemicals Ltd Share Price ₹433

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Indo Borax & Chemicals Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	56	55	47	44	45	50	38	38	50	54	58	41	63
Expenses +	41	43	37	35	34	33	29	27	40	41	47	32	50
Operating Profit	15	12	10	9	12	16	9	10	10	12	10	9	13
OPM %	28%	22%	22%	21%	25%	33%	24%	27%	20%	23%	18%	21%	20%
Other Income +	2	3	3	3	3	3	4	4	4	3	13	4	5
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	1	1	1	1	1	0	1	1	1	1	1	1	1
Profit before tax	17	14	12	11	14	19	13	14	13	14	23	12	17
Tax %	26%	27%	27%	27%	20%	27%	29%	34%	20%	29%	28%	24%	17%
Net Profit +	13	10	9	8	11	14	9	9	10	10	16	9	15
EPS in Rs	3.94	3.23	2.78	2.56	3.56	4.37	2.86	2.83	3.19	3.18	5.07	2.89	4.53

Financials of Indo Borax & Chemicals Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	87	70	67	101	128	115	144	176	225	191	175	215
Expenses +	69	57	56	83	108	97	100	128	163	149	129	171
Operating Profit	19	12	10	18	20	19	44	48	62	43	46	44
OPM %	21%	18%	15%	17%	16%	16%	31%	27%	28%	22%	26%	20%
Other Income +	3	3	3	4	6	5	4	3	9	12	16	26
Interest	1	0	0	0	0	0	0	0	0	0	0	0
Depreciation	1	1	1	1	1	1	1	1	2	2	3	3
Profit before tax	20	14	12	20	24	22	47	50	69	52	59	67
Tax %	32%	32%	31%	34%	28%	24%	26%	27%	26%	25%	28%	24%
Net Profit +	14	9	8	13	18	17	34	36	51	39	43	50
EPS in Rs	4.08	2.88	2.49	4.17	5.46	5.28	10.67	11.33	15.80	12.15	13.25	15.67
Dividend Payout %	4%	5%	6%	4%	3%	4%	9%	1%	6%	8%	8%	0%

Financials of Indo Borax & Chemicals Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	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	3	3	3	3
Reserves	75	84	91	101	118	135	170	204	252	290	332	383
Borrowings +	5	2	1	0	0	0	0	0	0	0	0	1
Other Liabilities +	9	8	10	12	11	10	17	14	20	18	21	17
Total Liabilities	92	97	106	117	132	149	190	222	275	311	357	405
Fixed Assets +	11	21	52	51	50	46	89	91	96	99	101	48
CWIP	2	2	1	1	1	1	1	1	1	1	1	1
Investments	14	32	23	20	37	18	30	4	9	43	57	209
Other Assets +	65	43	29	45	44	84	70	126	169	169	198	147
Total Assets	92	97	106	117	132	149	190	222	275	311	357	405

Financials of Indo Borax & Chemicals Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	0	18	21	1	15	13	16	11	60	68	-72	87
Cash from Investing Activity +	13	-26	-24	5	-16	26	-54	26	-8	-30	-7	-77
Cash from Financing Activity +	-1	-4	-1	-2	-1	-1	-1	-3	-3	-3	-3	-3
Net Cash Flow	12	-12	-4	5	-2	38	-39	34	49	35	-82	7
Free Cash Flow	-10	7	19	1	14	13	15	11	57	63	-79	106
CFO/OP	38%	186%	226%	37%	111%	100%	61%	54%	123%	193%	-123%	243%

Financials of Indo Borax & Chemicals Ltd

Working capital efficiency and return ratios

	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	25	30	28	32	27	26	22	21	21	26	33	18
Inventory Days	252	221	70	59	53	56	176	309	195	80	210	102
Days Payable	35	39	35	19	9	15	31	23	12	13	24	10
Cash Conversion Cycle	242	211	63	72	71	66	166	307	204	93	218	110
Working Capital Days	139	120	45	74	66	40	81	143	96	51	111	500
ROCE %	26%	16%	13%	20%	21%	17%	30%	26%	29%	19%	18%	16%

Indo Borax & Chemicals Ltd Q1 FY27 Share Price & Earnings Call Analysis