Indo Borax & Chemicals Ltd Stock Analysis

BSE: 524342 | NSE: INDOBORAX | Chemicals | Small Cap

BSE Share Price 30-Nov-2022 11:39
146.80 0.80 (0.55%)

DeciZen - Make an Informed Decision on Indo Borax & Chem.

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Indo Borax & Chem. Price Chart

P/E Ratio (SA) :
10.90
Market Cap :
468.5 Cr.
52-wk low :
95
52-wk high :
178
Bole Toh?

1. Is Indo Borax & Chemicals Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Indo Borax & Chemicals Ltd is a good quality company.

2. Is Indo Borax & Chemicals Ltd undervalued or overvalued?

The key valuation ratios of Indo Borax & Chemicals Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Indo Borax & Chemicals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Indo Borax & Chemicals Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Indo Borax & Chem.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Indo Borax & Chemicals Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 21.1%15.2%17.2%11.2%9.3%9.7%14.6%13.2%22.1%18.6%-
Value Creation Index 0.50.10.2-0.2-0.3-0.30.0-0.10.60.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 66.162.672.665.466.696.8128115144175197
YoY Gr. Rt. %--5.2%16%-10%1.9%45.4%32.5%-10.2%25.1%21.7%-
Adj EPS 3.32.83.92.92.635.15.310.71113.4
YoY Gr. Rt. %--15.7%38.7%-26.4%-8.4%13.8%71%4.5%100.8%2.9%-
BVPS (₹) 17.219.224.126.829.232.237.54353.964.671.2
Adj Net Profit 11.59.712.49.18.49.516.317.134.235.243
Cash Flow from Ops. 6.712.8-6.812.319.9-1.614.813.325.711.5-
Debt/CF from Ops. 0.30-00.1000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 11.5%21.4%11%21.7%
Adj EPS 14.2%33.3%29.3%2.9%
BVPS 15.917.219.919.8
Share Price 30.2% 35.8% 60.5% 12.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 21.215.417.211.29.39.714.613.22218.519.7
Op. Profit Mgn % 22.819.221.418.315.514.815.716.230.627.326.9
Net Profit Mgn % 17.515.517.11412.69.812.714.823.720.121.8
Debt to Equity 00000000000
Working Cap Days 177195170192146120115132126142245
Cash Conv. Cycle 414467104563648534482211

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 19.70%

Sales growth is growing at healthy rate in last 3 years 10.98%

Net Profit is growing at healthy rate in last 3 years 29.26%

Sales growth is good in last 4 quarters at 13.24%

No data to display

Latest Financials - Indo Borax & Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 13.4 13.4
TTM Sales (₹ Cr.) 197 207
BVPS (₹.) 71.2 71.2
Reserves (₹ Cr.) 225 225
P/BV 2.05 2.04
PE 10.90 10.84
From the Market
52 Week Low / High (₹) 95.00 / 178.00
All Time Low / High (₹) 0.10 / 207.90
Market Cap (₹ Cr.) 469
Equity (₹ Cr.) 3.2
Face Value (₹) 1
Industry PE 33.6

Management X-Ray of Indo Borax & Chem. :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Indo Borax & Chem.

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Indo Borax & Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Indo Borax & Chem. on 30-Nov-2022 11:39 is : 146.8.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 30-Nov-2022 11:39 the market cap of Indo Borax & Chem. stood at ₹ 468.5.
The latest PE ratio of Indo Borax & Chem. as of 30-Nov-2022 11:39 is 10.90.
The latest PB ratio of Indo Borax & Chem. as of 30-Nov-2022 11:39 is 2.05
The 52-week high of Indo Borax & Chem. is ₹ 178.0 and the 52-week low is ₹ 95.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Indo Borax & Chem. is ₹ 197.2 ( Cr.) .

About Indo Borax & Chemicals Ltd

Indo Borax is synonymous with Boric Acid and is referred to as the industry standard for many comparisons made in the industry. Indo Borax came into existence in 1980 and has its roots to Asangaon in Maharashtra where its first Boric Acid plant was established in the year 1981, followed by the establishment of a Borax plant in 1983.

The stock of the company was offered to Public in 1993, resulting in an overwhelming response from investors. Presently, it has over 6000 stockholders who have helped it ensure that the rich heritage and unique values established in 1980 are continued over the years uncompromisingly.

Today, Indo Borax operates a most modern Boric Acid and Borax plant at Pithampur, Madhya Pradesh. Situated near the commercially important town of Indore in the heart of the country, the plant is well connected by an efficient transport network to all parts of India. The plant employs continuous process and is fully capable of generating its own power requirements. The plant also enjoys the approval of Food and Drug Administration for manufacturing pharmaceutical grade of Boric Acid.

The company has a dedicated team of over 300 employees and additionally provides indirect means of subsistence to over 200 people. It has a highly skilled pool of talent consisting of experienced chemicals engineers, mechanical engineers, electrical engineers and chemists. Superior product qualities, together with highly dependable supplies, have earned Indo Borax a high credibility among customers with unflinching customer loyalty being the hallmark of the company.

Products:

• Boric Acid (Tech. Grade) Powder • Boric Acid (Tech. Grade) Granular • Boric Acid (I.P.) • Borax Decahydrate Granular • Borax Decahydrate Crystal

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