What is Indokem Ltd (INDOKEM) share price return in the past 10 years?

Indokem Ltd share price has appreciated 54.8% annually (CAGR) over the past ten years.

What is the share price of Indokem Ltd (INDOKEM)?

Company share prices are keep on changing according to the market conditions. The current trading price of Indokem Ltd (INDOKEM) on 02-Jul-2026 16:59:59 at 16:59 is 492.25.

What is the P/E ratio of Indokem?

The latest standalone P/E ratio of Indokem as of 02-Jul-2026 is 644.51.

What is the P/B ratio of Indokem Ltd (INDOKEM)?

The latest standalone P/B ratio of Indokem Ltd (INDOKEM) as of 02-Jul-2026 is 36.40.

What is the 52-week high and low of Indokem Ltd (INDOKEM)?

The 52-week high of Indokem Ltd (INDOKEM) is Rs. 930.00 and the 52-week low is Rs. 280.05.

Indokem Ltd (INDOKEM) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Indokem Ltd (INDOKEM)
Brand: Indokem

Indokem Ltd (INDOKEM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504092 NSE: INDOKEM Chemicals | Small Cap | Indokem Share Price

Indokem Ltd (INDOKEM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504092 NSE: INDOKEM Chemicals | Small Cap | Indokem Share Price

Key Metrics

Valuation Multiples

Market Cap

₹1,373 Cr.

Current Price

₹492.3

52-Week Low / High

₹280 / 930

TTM EPS

₹0.8

TTM Sales

₹148 Cr.

Book Value per Share

₹13.5

P/E Ratio

644.51

Higher than its 5-year historical median

Industry PE

52.9

Price to Book (P/B)

36.40

Higher than its 5-year historical median

Price to Sales (P/S)

9.27

Higher than its 5-year historical median

EV/EBITDA

182.96

Higher than its 5-year historical median

Dividend Yield

Profitability Efficiency

Return on Equity (ROE)

2.81%

Underperforms industry median

Return on Capital Employed (ROCE)

6.59%

Underperforms industry median

Return on Assets (ROA)

0.74%

Operating Profit Margin

3.2%

Net Profit Margin

0.6%

Gross Profit Margin

1.9%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

10.14%

Operating Profit Growth (1 Year)

Net Profit Growth (1 Year)

Asset Quality

Promoter Holding

68.67%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹10 Cr.

Equity

₹27.9 Cr.

Face Value

₹10

All Time Low / High

₹0.50 / 930.00

Indokem stock performance

Key Ratios

Check Before You Invest

Quality

Locked

Valuation

Locked

Price Trend

Locked

Q.1 Is Indokem Ltd a good quality company?

Indokem Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Indokem Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Indokem Ltd vs industry peers?

Indokem Ltd revenue CAGR is 11.39%, compared to the industry median CAGR of 7.53%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Indokem Ltd?

Promoters hold 68.67% of the Indokem Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Indokem Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 58.4% based on the current price.

10 Year X-Ray : Login to view analysis.

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

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	11.5%	55.6%	-2.6%	0%	4.9%	10.7%	9.4%	3.7%	-3.5%	6.6%	-
Value Creation Index ⓘ	-0.2	3.0	-1.2	NA	-0.7	-0.2	-0.3	-0.7	-1.3	-0.5	-
Growth Parameters ⓘ
Sales ⓘ	58.8	71.6	78	79.4	89.6	79.2	114	141	140	154	148
Sales YoY Gr.	-	21.9%	9%	1.8%	12.9%	-11.6%	43.3%	23.9%	-0.8%	10.1%	-
Adj EPS ⓘ	-0.2	1.1	-1.2	-0.6	0	1.4	1.1	-0.3	-1.9	0.2	0.8
YoY Gr.	-	NA	-213.9%	NA	NA	4566.7%	-23.6%	-125.2%	NA	NA	-
BVPS (₹) ⓘ	3.2	13	12.1	11.7	11.9	13.1	14.3	20.8	11.6	11.9	13.5
Adj Net Profit ⓘ	-0.4	2.6	-3	-1.4	0.1	3.4	2.6	-0.7	-5.3	0.7	2
Cash Flow from Ops. ⓘ	25	1.9	2	0.4	2.6	1.9	-0.4	1.7	3.8	4	-
Debt/CF from Ops. ⓘ	0.2	2.7	3.2	21.7	3.3	5	-31.4	13.1	6	5.5	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	11.3%	11.4%	10.6%	10.1%
Adj EPS ⓘ	NA	51.6%	-39.2%	NA
BVPSⓘ	15.7%	0%	-5.9%	3.1%
Share Price	54.8%	63.8%	68.9%	75.2%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-2.6	11.4	-9.8	-4.8	0.2	11.2	7.8	-1.5	-10	1.3	6
Op. Profit Mgn % ⓘ	3.3	-11.8	-2.8	-0.4	2.2	7	4.2	2.6	-0.2	3.3	3
Net Profit Mgn % ⓘ	-0.7	3.7	-3.8	-1.8	0.1	4.3	2.3	-0.5	-3.8	0.4	1.4
Debt to Equity ⓘ	0.6	0.2	0.2	0.3	0.3	0.3	0.4	0.4	0.7	0.7	0.4
Working Cap Days ⓘ	221	180	171	165	144	171	136	126	133	138	85
Cash Conv. Cycle ⓘ	67	63	45	44	42	52	53	51	48	39	18

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	59	72	78	79	90	79	114	141	140	154
Operating Expenses ⓘ +	57	80	80	80	88	74	109	137	140	149
Manufacturing Costs	1	9	4	4	4	4	6	13	11	12
Material Costs	44	53	59	60	69	57	85	94	95	104
Employee Cost	5	6	8	8	8	7	9	15	16	16
Other Costs ⓘ	7	12	10	7	6	7	9	15	18	17
Operating Profit ⓘ	2	-9	-2	-0	2	5	5	4	-0	5
Operating Profit Margin (%)	3.2%	-12.1%	-2.8%	-0.4%	2.2%	6.2%	4.2%	2.6%	-0.2%	3.2%
Other Income ⓘ +	1	24	2	1	1	0	1	1	0	1
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	3	1	1	1	1	1	1	3	3	3
Depreciation ⓘ	0	1	1	1	1	1	1	2	2	2
Profit Before Tax ⓘ	-0	14	-2	-1	1	3	3	-1	-5	1
Tax ⓘ	0	0	0	0	0	0	0	0	0	-0
Profit After Tax	-0	14	-2	-1	1	3	3	-1	-5	1
PAT Margin (%)	-0.6%	19.3%	-2.2%	-1.5%	0.6%	3.7%	2.5%	-0.4%	-3.8%	0.6%
Adjusted EPS (₹)	-0.2	5.7	-0.7	-0.5	0.2	1.2	1.2	-0.2	-1.9	0.3
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Valuation of Indokem - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	15	32	29	28	29	32	35	51	52	53
Share Capital ⓘ	26	24	24	24	24	24	24	24	28	28
Reserves ⓘ	-12	7	5	4	5	8	10	26	25	25
Debt +	5	5	6	8	8	9	12	16	15	15
Long Term Debt	5	5	6	8	7	8	9	13	13	12
Short Term Debt	0	0	0	0	1	1	3	3	2	3
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	13	19	22	18	20	18	20	24	29	42
Others Liabilities ⓘ	30	7	7	7	7	7	8	22	22	20
Total Liabilities ⓘ	63	62	65	62	64	66	75	113	118	130
Fixed Assets
Net Fixed Assets ⓘ +	21	24	26	27	27	26	26	60	65	64
Gross Block	28	25	28	29	30	30	32	70	78	79
Accumulated Depreciation	7	1	1	2	3	4	5	10	13	15
CWIP ⓘ	0	0	0	0	1	1	1	1	0	0
Investments ⓘ	1	0	0	0	0	0	0	1	1	1
Inventories	9	10	8	10	11	10	13	19	23	28
Trade Receivables	19	22	25	20	21	23	29	26	25	31
Cash Equivalents	1	1	1	1	0	1	1	1	1	1
Others Assets ⓘ	11	5	5	5	4	5	5	6	3	5
Total Assets ⓘ	63	62	65	62	64	66	75	113	118	130

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	25	2	2	0	3	2	-0	2	4	4
PBT ⓘ	-0	14	-2	-1	1	3	3	-1	-5	1
Adjustment ⓘ	4	-18	3	2	3	3	3	4	6	5
Changes in Working Capital ⓘ	22	6	0	-0	-1	-4	-6	-2	3	-2
Tax Paid ⓘ	0	-0	-0	-0	0	0	-0	0	-0	-0
Cash Flow From Investing Activity ⓘ +	-1	1	-3	-2	-1	-1	-1	-3	-1	-1
Capex	-2	-0	-3	-2	-1	-1	-1	-3	-1	-1
Net Investments	1	1	0	0	0	-0	0	-0	0	0
Others ⓘ	0	0	0	0	0	0	0	0	0	0
Cash Flow From Financing Activity ⓘ +	-24	-3	1	1	-2	-0	2	2	-3	-3
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-3	0	1	2	-0	1	3	4	0	-0
Interest Paid ⓘ	-3	-1	-1	-1	-1	-1	-1	-3	-3	-3
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-18	-2	0	0	0	-0	0	-0	0	0
Net Cash Flow ⓘ	0	-0	-0	0	-0	0	-0	-0	-1	0

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	-4.43	70.35	-5.64	-4.01	1.78	9.71	8.48	-1.22	-12.68	2.81
ROCE (%)	11.5	55.58	-2.63	0	4.88	10.71	9.42	3.69	-3.47	6.59
Asset Turnover Ratio	1.01	1.23	1.25	1.25	1.42	1.22	1.62	1.5	1.21	1.24
PAT to CFO Conversion(x)	N/A	0.14	N/A	N/A	3	0.67	-0	N/A	N/A	4
Working Capital Days
Receivable Days	102.30	98.20	106.60	101.40	82.30	100.50	82.50	70.60	66.80	66.90
Inventory Days	58.20	44.70	42	41.70	43	49	37.70	42	54.60	60.20
Payable Days	105.10	109.80	128.20	124	102	121.70	82.10	86.10	102.40	124.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Indokem Ltd FAQs

The current trading price of Indokem on 02-Jul-2026 16:59 is ₹492.2.

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 01-Jul-2026 the market cap of Indokem stood at ₹1,372.8 Cr

The latest P/E ratio of Indokem as of 01-Jul-2026 is 644.5.

The latest P/B ratio of Indokem as of 01-Jul-2026 is 36.40.

The 52-week high of Indokem is ₹930.0 and the 52-week low is ₹280.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Indokem is ₹148 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Indokem Ltd is a below average quality company.

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

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Indokem Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Indokem Ltd

Indokem, a Khatau Group company was set up in 1946 to manufacture process and market a wide range of exclusive dyestuffs to the growing textile industry in India. From its very inception, Indokem has been customer driven and highly service oriented group, providing value added products consistently. Keeping in view the need of consolidation, Indonon Vat Dyes Plant was started in 1990's on a sprawling complex at Ankleshwar. This is an ultra modern plant specialised in Anthraquinone Chemistry, which manufactures a range of Anthraquinone based Vat Dyes.

Innovation, enterprise and a concern for quality have contributed to the success and growth of the group over the years. The company's capabilities and achievements lend confidence to meet tomorrow's challenges.

In 1874, Seth Khatau Makanji laid the foundation stone of Khatau Makanji Spinning and Weaving Company Limited. Soon Khatau sarees, voiles and fabrics became synonymous with high quality premium fabric. From these early days, the group has grown into a multidimensional enterprise, covering industries such as textiles, Chemicals, Dyestuffs, Shipping, Electrical Cables, Footwear, etc.

In the late 20th century, business became more competitive and the Group confirmed, formed various Strategic Business Units (SBU). Indokem Limited, Refnol Resins and Chemicals Ltd and associated companies were such units under the stewardship of M. K. Khatau (Chairman & Managing Director).

From its very inception, Indokem has been customer driven and highly service oriented group, providing value added products consistently.

The Indonon Vat Dyes factory of the company was started in 1980s on a sprawling complex at Ankleshwar. This is an ultra modern plant specialised in Anthraquinone Chemistry, which manufactures a range of Anthraquinone based Vat Dyes - Ultra Conc powders, Micro Disperse Vat Dyes and Vat Pastes.

Indokem ventured into manufacturing Anthraquinone series of Vat dyes in 1990â€™s to cater the growing needs of Textile Industry. The project set up on an area of over 40 acres has an investment of about Rs 350 million. The factory is located at Ankleshwar in Gujarat State, about 300 km north of Mumbai.

The companyâ€™s international presence is strengthened by their three international group companies.

Indokem Exports Ltd., Mumbai, India.
Tex Care Middle East L.L.C, Sharjah, UAE.
Indokem Overseas Ltd., Chennai, India.

Product range of the company includes:

Indonon Vat Dyes - For Yarn Dyeing, Continuous Dyeing & Pastes.
Sizing Chemicals - For sizing of wrap yarns.
Eco-Friendly Dyes.
Textile Auxiliaries.

Other Products:

Reactive DyesL:
Indocron M Dyes.
Indocron HE Dyes.-Disperse Dyes.-Acid Dyes.-Pigment Emulsions

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Indokem Ltd (INDOKEM)

Indokem Ltd (INDOKEM)

Indokem stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Indokem - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Indokem Ltd FAQs

What is the share price of Indokem?

What is the market cap of Indokem?

What is the P/E ratio of Indokem?

What is the P/B ratio of Indokem?

What is the 52-week high and low of Indokem?

What is the TTM revenue of Indokem?

Is Indokem Ltd a good quality company?

Is Indokem Ltd undervalued or overvalued?

Is Indokem Ltd a good buy now?

About Indokem Ltd

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