X

Indo Borax & Chemicals Ltd Stock Analysis

Small Cap
Evaluated by 395 users | BSE: 524342 | NSE: |
Chemicals
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,...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 19.02%15.62%21.06%15.18%17.24%11.2%9.32%9.71%14.6%13.23%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 40.146.466.162.672.665.466.696.8128115
Y-o-Y Gr. Rt.-15.6%42.5%-5.2%16%-10%1.9%45.4%32.5%-10.2%
Adjusted EPS (Rs.) 21.2520.433.1127.9138.728.4526.1229.6550.7753.12
Y-o-Y Gr. Rt.--4%62.3%-15.7%38.7%-26.5%-8.2%13.5%71.2%4.6%
Book Value per Share (Rs.) 121.71140.81171.85191.88241.06267.79292.2322.36375.08430
Adjusted Net Profit 7.47.111.59.712.49.18.49.516.317.1
Net Op. Cash Flow (Rs. Cr.) 36.86.712.8-6.812.319.9-1.614.813.3
Debt to Cash Flow from Ops 000.320.03-0.010.060.01000
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Indo Borax & Chemicals Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 12.4%9.7%20.1%-10.2%
Adjusted EPS 10.7%6.5%26.7%4.6%
Book Value per Share 15.112.313.714.6
Share Price 18.7% 2.4% -0.7% 9.2%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 1915.5421.1815.3517.2311.189.339.6514.5613.2
Operating Profit Margin (%) 24.918.4422.7619.1521.3918.3115.5414.8115.6516.22
Net Profit Margin (%) 18.4415.3117.4515.5217.113.9712.589.8312.6914.79
Debt to Equity 000.040.0100.010000
Working Capital Days 250226177195170192146120115132
Cash Conversion Cycle 556841446710456364853
Entity Percentage Holding
Promoters 55.42%
Non-Institutions 44.58%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Indo Borax & Chemicals Ltd's performance infers:

Indo Borax & Chemicals Ltd earnings have grown by 6.5%, whereas share price has appreciated 2.4% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Indo Borax & Chemicals Ltd share prices over the last 10 years. Here is what we found out:

Indo Borax & Chemicals Ltd share price has appreciated 17.8% annually over the past ten years.

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

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

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback