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IIRM Holdings India Ltd (526530)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526530 NSE: Plastic Products | Small Cap | IIRM Holdings India Share Price

₹110.35 2.00 (1.85%)

As on 04-Jun'26 16:59

IIRM Holdings India Ltd (526530)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526530 NSE: Plastic Products | Small Cap | IIRM Holdings India Share Price

₹110.35 2.00 (1.85%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹752 Cr.
Current Price
₹110.4
52-Week Low / High
₹68 / 129
TTM EPS
₹0.1
TTM Sales
₹5.3 Cr.
Book Value per Share
₹13.1
P/E Ratio
800.82
Higher than its 5-year historical median
Industry PE
39
Price to Book (P/B)
8.40
Higher than its 5-year historical median
Price to Sales (P/S)
142.15
Higher than its 5-year historical median
EV/EBITDA
495.23
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
2.37%
Underperforms industry median
Return on Capital Employed (ROCE)
5.65%
Underperforms industry median
Return on Assets (ROA)
2.32%
Operating Profit Margin
50.1%
Net Profit Margin
20.85%
Gross Profit Margin
49.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
114.71%
Operating Profit Growth (1 Year)
-
86.73%
Net Profit Growth (1 Year)
-
0%
Asset Quality
Promoter Holding
57.89%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹55 Cr.
Equity
₹34.1 Cr.
Face Value
₹5
All Time Low / High
₹1.50 / 171.95

IIRM Holdings India stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is IIRM Holdings India Ltd a good quality company?
IIRM Holdings India 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 IIRM Holdings India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of IIRM Holdings India Ltd vs industry peers?
IIRM Holdings India Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 4.71%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of IIRM Holdings India Ltd?
Promoters hold 57.89% of the IIRM Holdings India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of IIRM Holdings India Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 28.7% 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

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.
IIRM Holdings India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 2.7%-2.9%-15.3%-26.7%-13.8%-11.5%-262%0%6.2%5.7%-
Value Creation
Index
-0.8-1.2NANANANANANA-0.6-0.6-

Growth Parameters

Sales 0.10.1000000.91.73.75
Sales YoY Gr.-116.7%-69.2%-100%NANANANA86.8%114.7%-
Adj EPS 0-0-0.1-0.1-0-0-0.30.30.10.10.1
YoY Gr.--200%NANANANANANA-57.7%0%-
BVPS (₹) 00-0.1-0.2-0.2-0.2-0.6-1.84.74.813.1
Adj Net
Profit
0-0-0.1-0.1-0-0-0.30.20.80.81
Cash Flow from Ops. 00-0-0-0-000.4-1.30-
Debt/CF from Ops. 11.717.3-10.4-46.1-53.8-1775100.3000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 57.9%NANA114.7%
Adj EPS 30.5%NANA0%
BVPS83.7%NANA2.4%
Share Price 27.2% 61.7% 83.2% 38.1%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
98.5-112.3238.289.223.814.686.9-41.34.82.41.6
Op. Profit
Mgn %
7-7.5-127.5000019.957.750.128.3
Net Profit
Mgn %
15.8-7.5-127.5000016.144.520.918
Debt to
Equity
24.286.1-7.6-3.1-2.4-2.1-0.80000
Working Cap
Days
2,6181,1143,9660000145263277193
Cash Conv.
Cycle
-104-13166000066166157

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales0000000124
Operating Expenses + 0000000112
Manufacturing Costs0000000000
Material Costs0000000000
Employee Cost 0000000001
Other Costs 0000000111
Operating Profit 0-0-0-0-0-0-0012
Operating Profit Margin (%) 7.0%-7.5%-127.0%----19.9%57.7%50.1%
Other Income + 0000000000
Exceptional Items 0000000000
Interest 0000000000
Depreciation 0000000000
Profit Before Tax 0-0-0-0-0-0-0012
Tax 0000000001
Profit After Tax 0-0-0-0-0-0-0011
PAT Margin (%) 15.8%-7.5%-127.0%----16.1%44.5%20.9%
Adjusted EPS (₹)0.0-0.0-0.1-0.1-0.0-0.0-0.40.30.10.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of IIRM Holdings India - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 00-0-0-0-0-0-03233
Share Capital 444444443434
Reserves -3-3-4-4-4-4-4-4-2-2
Debt +0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Minority Interest0000000000
Trade Payables0000000000
Others Liabilities 0000000101
Total Liabilities 000000003234

Fixed Assets

Net Fixed Assets +0000000000
Gross Block0000000000
Accumulated Depreciation0000000000
CWIP 0000000000
Investments 000000003030
Inventories0000000000
Trade Receivables0000000001
Cash Equivalents 0000000000
Others Assets 0000000022
Total Assets 000000003234

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 00-0-0-0-000-10
PBT 0-0-0-0-0-0-0012
Adjustment 0000000000
Changes in Working Capital 00000000-2-1
Tax Paid 0000000-0-0-1
Cash Flow From Investing Activity + 00000000-30-0
Capex 00000000-00
Net Investments 00000000-30-0
Others 0000000000
Cash Flow From Financing Activity + 0000000-0310
Net Proceeds from Shares 0000000-1310
Net Proceeds from Borrowing 0000000-000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0000000100
Net Cash Flow 00-0-0-0-00-000

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/A4.922.37
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/A6.225.65
Asset Turnover Ratio0.130.30.0900002.50.10.11
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/A-10
Working Capital Days
Receivable Days128.100365000065.8040.4079.20
Inventory Days0000000000
Payable Days298.9047.6044.200000000

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

IIRM Holdings India Ltd FAQs

The current trading price of IIRM Holdings India on 04-Jun-2026 16:59 is ₹110.3.

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 03-Jun-2026 the market cap of IIRM Holdings India stood at ₹752.0 Cr

The latest P/E ratio of IIRM Holdings India as of 03-Jun-2026 is 800.8.

The latest P/B ratio of IIRM Holdings India as of 03-Jun-2026 is 8.40.

The 52-week high of IIRM Holdings India is ₹129.0 and the 52-week low is ₹68.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of IIRM Holdings India is ₹5.29 ( Cr.) .

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

The key valuation ratios of IIRM Holdings India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

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

About IIRM Holdings India Ltd

Sudev Industries Limited was incorporated on April 20, 1992 under the leadership of Rajiv Agarwal, who is the founder of this organization and O.P. Agarwal being a co-promoter. Sudev Industries Limited went for a public float of its equity shares on May 23, 1994 for 30,00,000 Equity shares of Rs 10 each. Company’s shares are listed on the Bombay Stock Exchange, Delhi Stock Exchange, Chennai Stock Exchange, Jaipur Stock Exchange, Kolkata Stock Exchange & The Stock Exchange of U. P., Kanpur. 

The company had setup its manufacturing facilties at Sikandrabad, Uttar Pradesh to manufacture Plastics, lkathene, Natural and Synthetic Rubber Moulded Goods, Foams, etc. i.e. basically to manufacture rubber and plastics products. It was the First time in India that Sudev Industries had organized and developed its organizational units on the basis of effective Foaming Technology to manufacture rotomoulded products to better strengthening its weight ratio and super Insulting process.

Business area of the company 

The company is specialized in production and distribution of complete range of Roto Moulded Products which are made from plastics resins and are essentially substitute for steel, wood & RCC in wide variety of applications.

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