Indo Borax & Chemicals logo

Indo Borax & Chemicals share price

NSE: INDOBORAXBSE: 524342Chemicals & PetrochemicalsSmall Cap

Indo Borax & Chemicals Limited · Face value ₹1 · Listed Sep 1993 on BSE, Mar 2022 on NSE
Last close ₹409.10up ₹4.70 (1.16%)BSE ₹409.25

Share price at the NSE close on 27 Oct 2026. Previous close ₹404.40.

27 Oct: open ₹409.80, high ₹419.40, low ₹403.70

52-week range of traded prices to 27 Oct 2026
₹230.45Low, 4 Dec 2025₹542.80High, 7 Sep 2026
Market cap
₹1,313 Cr1,543rd largest listed
P/E
23.31
P/E without one-offs
28.43
P/B
3.40
Dividend yield
9.78%
ROE
15.6%
ROE without one-offs
12.8%
ROCE
12.7%
Debt to equity
0.00
Volume, NSE
52,16237.0% delivered

Indo Borax & Chemicals share price chart

Daily closes since Sep 2021, BSE closes Jan 2007 to Mar 2022, adjusted for splits and bonuses. Earlier closes are left out: on 27 Sep 2021 the price changed in a way no corporate action on record explains.

+60.8%over a year · Nifty 500 −8.8%

Results20-session average 5,64,845 shares a day, 37.9% delivered

Results

Consolidated; ₹ crore.Indo Borax & Chemicals quarterly results

Revenue growth, 12 months
+29.7%
Net profit growth, 12 months
+45.5%

Quarter to Jun 2026, against the quarter before

Revenue
₹70 Crup 11.66%
Net profit
₹16 Crup 11.85%
Net margin
23.1%

Revenue by quarter

₹38 CrSep 24₹38 CrDec 24₹50 CrMar 25₹54 CrJun 25₹58 CrSep 25₹41 CrDec 25₹63 CrMar 26₹70 CrJun 26
Peak revenue ₹70 Cr, quarter to Jun 2026; lowest ₹38 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

₹9.18 CrSep 24₹9.07 CrDec 24₹10 CrMar 25₹10 CrJun 25₹16 CrSep 25₹9.27 CrDec 25₹15 CrMar 26₹16 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue37.937.550.153.657.841.063.070.4
Net profit9.29.110.210.216.39.314.516.3
Net margin24.2%24.2%20.4%19.0%28.1%22.6%23.1%23.1%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturer of Chemicals, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.Indo Borax & Chemicals PE ratio and valuation

Price to earnings

At or below today's level on 96% of 2,294 trading days since Jun 2017.

LowestHighest
Its median11.55Industry median18.81
Price to book

At or below today's level on 96% of 1,790 trading days since Nov 2018.

LowestHighest
Its median1.98Industry median1.25
Dividend yield

At or below today's level on 99.6% of 2,421 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median1.08%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+59.3%+18.3%+20.8%16.5%
3 years+39.5%−0.3%+34.0%5.9%
Longer windows are left empty: a corporate action or price step on 2021-09-27 that cannot be sized sits inside this window. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Indo Borax & Chemicals shareholding pattern

Shareholding by group

  • Promoters38.41%
  • Foreign institutions0.10%
  • Indian institutions0.04%
  • Individuals and others61.44%
Holder
ZENROCK CHEMICALS PRIVATE LIMITEDPromoter38.41%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSInvestor education fund7.77%
DIPAK KANAYALAL SHAHResident individuals, over ₹2 lakh at face value1.17%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Promoters have pledged 100.00% of their shares. Since Jun 2026: promoters unchanged, foreign institutions −0.03 pts, Indian institutions unchanged.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Indo Borax & Chemicals insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 7 off-market moves
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Indo Borax & Chemicals competitors and peers

Commodity Chemicals, 74 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Indo Borax & Chemicals in market cap. 1 company in the table last traded before then: its row is priced on its last trade.Chemical companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
IG Petrochemicals logoIG PetrochemicalsIGPL1,63219.991.22−0.9%+34.5%6.1%8.1%0.94%
Innovassynth Technologies (India) logoInnovassynth Technologies (India)INOVSYNTH1,452––––––0.00%
Thirumalai Chemicals logoThirumalai ChemicalsTIRUMALCHM1,396–0.89−5.8%–−11.2%−1.9%0.00%
Citurgia Biochemicals logoCiturgia BiochemicalsCITURGIA1,353––––––0.00%
TGV Sraac logoTGV SraacTGVSL1,2418.950.96+7.6%+18.3%11.2%12.0%0.86%
Vikram Thermo (India) logoVikram Thermo (India)VIKRAMTH1,12425.657.17+16.7%+37.5%31.5%35.6%0.35%
The Andhra Sugars logoThe Andhra SugarsANDHRSUGAR1,07510.210.64+16.5%+204.6%6.5%8.1%1.77%
OCCL logoOCCLOCCLLTD86311.532.00+40.2%+116.3%18.1%18.5%1.62%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Indo Borax & Chemicals dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 17Mar 18Mar 19Mar 20Mar 211Mar 221Mar 231Mar 241Mar 2540Mar 26
Highest ₹40.00 a share, year to Mar 2026.
Ex-dateTypePer share
21 Jul 2026Final₹10.00
21 Jul 2026Special₹30.00
18 Sep 2025Final₹1.00
20 Aug 2024Final₹1.00
11 Aug 2023Final₹1.00
18 Aug 2022Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Indo Borax & Chemicals announcements

Indo Borax & Chemicals share price by year

Each calendar year to 2025.Indo Borax & Chemicals share price history

YearClose at year endChangeHighest closeLowest close
2025283.21+58.1%293.15147.81
2024179.19−21.2%247.93149.00
2023227.45+66.8%227.4597.45
2022BSE close136.40−5.0%174.0096.80
2021BSE close143.65–198.05126.15
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 27 Sep 2021.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 2026416.00422.00401.65404.40409.3747,58742.6%
23 Oct 2026420.00426.20399.80414.35408.611,10,75761.0%
22 Oct 2026421.10433.20402.30424.80423.0248,19235.9%
21 Oct 2026462.80464.80409.55422.15426.262,63,53151.4%
19 Oct 2026475.00477.70458.00458.20462.0341,82752.9%
16 Oct 2026478.00480.95457.10472.40469.662,13,62564.1%
15 Oct 2026478.50487.65472.15476.90479.5240,06137.9%
14 Oct 2026478.00504.15478.00481.25492.921,65,85127.1%
13 Oct 2026492.00496.65465.10479.15477.1167,88638.3%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Buyback and open offer history

Ex-dateEventPrice factorWhat happened
27 Sep 2021Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Managing director and CEO
SURESH KALRA
At the end of the quarter to Jun 2026
Chairperson
PRASAD PARMESWARANPILLAI NAGA
At the end of the quarter to Jun 2026
NSE symbol
INDOBORAX
BSE code
524342
ISIN
INE803D01021
Industry
Chemicals & Petrochemicals
CIN
L24100MH1980PLC023177
Corporate identity number, the registrar of companies' code for it
Incorporated
1980
Registered office
302,, Link Rose,, Linking Road,, Santacruz (West), Mumbai 400054, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments