Indo Borax & Chemicals Ltd Stock Price Today (NSE: INDOBORAX)
Fundamental Score
Indo Borax & Chemicals Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Indo Borax & Chemicals Ltd share price today is ₹400.40, down 2.40% on NSE/BSE as of 7 August 2026. Indo Borax & Chemicals Ltd (INDOBORAX) is a Small-cap company in the Commodity Chemicals sector with a market capitalisation of ₹1.45K (Cr). The 52-week high for INDOBORAX share price is ₹499.00 and the 52-week low is ₹224.00. At a P/E ratio of 39.83x, INDOBORAX is currently trading above its industry average P/E of 22.30x. The company has a Return on Equity (ROE) of 10.06% and a debt-to-equity ratio of 0.00.
Indo Borax & Chemicals Ltd Share Price Chart — NSE/BSE Historical Performance
Indo Borax & Chemicals Ltd share price chart: -0.42% return over the past month. 52-week high ₹499.00, 52-week low ₹224.00.
Indo Borax & Chemicals Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹410.25 | ₹414.35 | ₹391.55 | ₹400.40 | 1.31L (Cr) | |
| ₹413.00 | ₹414.20 | ₹405.70 | ₹410.25 | 91.51K (Cr) | |
| ₹405.05 | ₹418.00 | ₹399.50 | ₹412.25 | 1.22L (Cr) | |
| ₹416.00 | ₹416.00 | ₹403.20 | ₹404.60 | 1.30L (Cr) | |
| ₹378.15 | ₹422.35 | ₹373.00 | ₹418.70 | 8.90L (Cr) | |
| ₹387.15 | ₹387.40 | ₹372.00 | ₹374.90 | 73.53K (Cr) | |
| ₹386.10 | ₹393.30 | ₹379.20 | ₹383.30 | 79.63K (Cr) | |
| ₹396.00 | ₹398.90 | ₹380.90 | ₹384.60 | 1.36L (Cr) | |
| ₹398.80 | ₹401.00 | ₹383.20 | ₹395.55 | 2.19L (Cr) | |
| ₹423.95 | ₹426.00 | ₹392.00 | ₹406.60 | 4.18L (Cr) |
Indo Borax & Chemicals Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹378.15 | ₹422.35 | ₹373.00 | ₹400.40 | +5.88% | |
| ₹376.90 | ₹499.00 | ₹361.05 | ₹374.90 | -0.53% | |
| ₹344.15 | ₹423.10 | ₹336.60 | ₹378.90 | +10.10% | |
| ₹275.00 | ₹352.55 | ₹262.40 | ₹344.20 | +25.16% | |
| ₹246.99 | ₹294.00 | ₹240.31 | ₹277.61 | +12.40% | |
| ₹234.00 | ₹249.80 | ₹234.00 | ₹243.11 | +3.89% | |
| ₹241.05 | ₹254.90 | ₹241.05 | ₹244.35 | +1.37% | |
| ₹286.00 | ₹286.90 | ₹238.00 | ₹246.65 | -13.76% | |
| ₹236.75 | ₹297.90 | ₹230.45 | ₹283.21 | +19.62% | |
| ₹274.00 | ₹283.00 | ₹235.50 | ₹241.05 | -12.03% | |
| ₹236.00 | ₹275.80 | ₹230.01 | ₹270.55 | +14.64% | |
| ₹239.25 | ₹255.08 | ₹224.00 | ₹230.69 | -3.58% |
AI Research Briefing
Powered by Gemini · 2026-04-09
Micro-cap commodity chemical counting on a turnaround is a low probability trade.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Indo Borax dispatched a postal ballot notice on April 8, 2026, seeking shareholder approval for the ESOP 2026, enhancement of investment limits to s, and director commission framework. The e-voting period is from April 9 to May 8, 2026, with results expected by May 12, 2026. The board approved the ESOP 2026 on April 6, 2026, covering 1,688,950 options convertible into equity shares.
CORE STORY (THE REAL GAME)
Control play. Zenrock Chemicals acquired a 50.8% stake in January 2026, triggering an open offer. The market is now focused on how the new management team will execute and whether they can improve operational efficiency and margins in a cyclical commodity chemical business.
- New management team in place.
- Open offer dynamics.
- ESOP implementation.
- Successful integration and operational improvements by new management.
- Higher than expected open offer subscription.
- Significant increase in Borax prices.
- Micro-cap: liquidity risk.
- Commodity chemical: cyclicality and margin pressure.
- ESOP after institutional exits: potential governance issues.
FII increased stake by 0.51% but after a 50.8% stake transfer to Zenrock, the previous promoters are out.
India's chemical production is projected to increase by 10.9% in 2026.
Free Cash Flow 5Y: ₹68.57 Cr.
Next 3-6 months hinge on the new management's ability to execute. Watch for margin improvements and order wins.
Primary Thesis Risk
New management fails to improve operations, leading to margin compression and stock collapse.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Indo Borax & Chemicals Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Indo Borax & Chemicals Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of INDOBORAX across key market metrics for learning purposes.
Positive Indicators
7 factors identified
Excellent ROCE Performance (15.37%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Strong Operating Margins (24.71%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Robust Profit Growth (35.84%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (25.72%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Debt-Free Balance Sheet (D/E: 0.00)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (794.43x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹128.65 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Risk Factors
4 factors identified
Weak Earnings Growth (1.24% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (1.23% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Limited Institutional Interest (FII+DII: 2.64%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
High Share Pledging Risk (100.00%)
Observation: Significant promoter share pledging creates potential overhang.
Analysis: High pledging levels may create selling pressure during market downturns.
Indo Borax & Chemicals Ltd vs Commodity Chemicals Peers
Peer Comparison - Commodity Chemicals
Compare Indo Borax & Chemicals Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Indo Borax & Chemicals LtdIndo Borax & Ch...Selected✓ INDOBORAX • 524342 | 8.1/100 | ₹400.40₹400 | ₹1445.99₹1445.99 | 39.83Average 39.8 Average | 10.06%Average 10.06% Average | 15.37%Good 15.37% Good | 0.00Excellent 0.0 Excellent | 1.23%Average 1.23% Average | 8.37%Good 8.37% Good | 2.22% |
SRF LtdSRF Ltd... SRF • 503806 | 49.2/100 | ₹2622.50₹2623 | ₹82229.24₹82229.24 | 43.22Average 43.2 Average | 14.27%Average 14.27% Average | 14.61%Average 14.61% Average | 0.36Excellent 0.4 Excellent | 9.70%Good 9.70% Good | 13.45%Good 13.45% Good | 0.32% |
Deepak Fertilisers and Petrochemicals Corporation LtdDeepak Fertilis... DEEPAKFERT • 500645 | 34.6/100 | ₹1552.80₹1553 | ₹19552.98₹19552.98 | 26.52Average 26.5 Average | 11.27%Average 11.27% Average | 11.58%Average 11.58% Average | 0.83Good 0.8 Good | 13.22%Good 13.22% Good | 14.65%Good 14.65% Good | 0.65% |
Tata Chemicals LtdTata Chemicals ... TATACHEM • 500770 | 16.3/100 | ₹673.55₹674 | ₹17796.24₹17796.24 | 65.67Average 65.7 Average | 1.27%Poor 1.27% Poor | 3.42%Poor 3.42% Poor | 0.38Excellent 0.4 Excellent | 2.85%Average 2.85% Average | 7.41%Good 7.41% Good | 1.58% |
56.5/100 | ₹510.30₹510 | ₹7322.77₹7322.77 | 9.06Average 9.1 Average | 9.13%Poor 9.13% Poor | 12.03%Average 12.03% Average | 0.00Excellent 0.0 Excellent | 3.00%Average 3.00% Average | 8.67%Good 8.67% Good | 3.61% | |
Tanfac Industries LtdTanfac Industri... TANFACIND • 506854 | 56/100 | ₹3065.70₹3066 | ₹5234.46₹5234.46 | 74.63Average 74.6 Average | 20.47%Excellent 20.47% Excellent | 23.66%Excellent 23.66% Excellent | 0.25Excellent 0.3 Excellent | 32.34%Excellent 32.34% Excellent | 36.90%Excellent 36.90% Excellent | 0.18% |
Gujarat Alkalies and Chemicals LtdGujarat Alkalie... GUJALKALI • 530001 | 32.9/100 | ₹670.80₹671 | ₹4366.01₹4366.01 | — — | -0.04%Poor -0.04% Poor | 1.40%Poor 1.40% Poor | 0.11Excellent 0.1 Excellent | — — | 12.40%Good 12.40% Good | 2.66% |
Ghcl LtdGhcl Ltd... GHCL • 500171 | 38.9/100 | ₹438.10₹438 | ₹4015.23₹4015.23 | 8.80Average 8.8 Average | 12.97%Average 12.97% Average | 17.41%Good 17.41% Good | 0.02Excellent 0.0 Excellent | 6.60%Good 6.60% Good | 4.23%Average 4.23% Average | 2.75% |
Grauer & Weil India LtdGrauer & Weil I... GRAUWEIL • 505710 | 67.5/100 | ₹76.56₹77 | ₹3609.71₹3609.71 | 22.01Average 22.0 Average | 16.23%Good 16.23% Good | 21.35%Excellent 21.35% Excellent | 0.01Excellent 0.0 Excellent | 19.92%Excellent 19.92% Excellent | 14.48%Good 14.48% Good | 0.63% |
Chemplast Sanmar LtdChemplast Sanma... CHEMPLASTS • 543336 | 18.4/100 | ₹194.18₹194 | ₹3088.38₹3088.38 | — — | -6.80%Poor -6.80% Poor | 0.34%Poor 0.34% Poor | 1.11Average 1.1 Average | — — | 2.14%Average 2.14% Average | 0.00% |
Thirumalai Chemicals LtdThirumalai Chem... TIRUMALCHM • 500412 | 0/100 | ₹174.25₹174 | ₹2007.48₹2007.48 | — — | -11.80%Poor -11.80% Poor | -3.15%Poor -3.15% Poor | 1.39Average 1.4 Average | — — | 9.84%Good 9.84% Good | 0.00% |
Top Commodity Chemicals Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- SRF Ltd share price82229.24 Cr
- Deepak Fertilisers and Petrochemicals Corporation Ltd share price19552.98 Cr
- Tata Chemicals Ltd share price17796.24 Cr
- Gujarat Narmada Valley Fertilizers & Chemicals Ltd share price7322.77 Cr
- Tanfac Industries Ltd share price5234.46 Cr
Indo Borax & Chemicals Ltd PE Ratio History
Historical price-to-earnings ratio for INDOBORAX — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹13.25 | ₹283.21 | 21.4x |
| FY 2024 | ₹12.15 | ₹179.19 | 14.7x |
| FY 2023 | ₹15.80 | ₹227.45 | 14.4x |
| FY 2022 | ₹11.33 | ₹136.40 | 12x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Indo Borax & Chemicals Ltd Dividend History
Annual cash dividends paid by INDOBORAX — dividend yield 2.22%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹3.21 Cr |
| FY 2024 | ₹3.21 Cr |
| FY 2023 | ₹3.21 Cr |
| FY 2022 | ₹3.21 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Indo Borax & Chemicals Ltd Quarterly Performance
Latest quarterly metrics for INDOBORAX — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
25.72%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
35.84%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
8.37%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
1.23%
Compounded annual net profit growth over 5 years
Indo Borax & Chemicals Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for INDOBORAX — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Indo Borax & Chemicals Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Indo Borax & Chemicals Ltd (INDOBORAX) — sourced from NSE/BSE filings.
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About INDOBORAX (Indo Borax & Chemicals Ltd)
Indo Borax & Chemicals Ltd is a prominent player in the Indian commodity chemicals market, specializing in the production and distribution of a diverse range of boron and lithium c...ompounds. The company's core business revolves around transforming raw materials into essential chemical building blocks used across various industries. With a commitment to quality and innovation, INDOBORAX offers a comprehensive portfolio that caters to the evolving needs of its customers. These carefully crafted products are vital components for applications ranging from agriculture and pharmaceuticals to glass manufacturing and detergents, solidifying INDOBORAX's position as a key supplier in the chemical supply chain. The company's product line includes a range of borax derivatives, carefully formulated to meet the stringent requirements of diverse applications. Customers can choose from borax decahydrate in both crystal and granular forms. Beyond borax, INDOBORAX also produces boric acid, available in both Indian Pharmacopoeia (IP) grade and technical grades, offered as granular and powder variants. This comprehensive range allows INDOBORAX to serve a wide spectrum of industries, each with unique demands and specifications. Furthermore, the company is actively involved in the production of specialized chemicals like boron oxide and disodium octaborate tetrahydrate. In addition to its boron-based offerings, INDOBORAX has expanded its capabilities to include lithium compounds, further diversifying its product portfolio. The company produces lithium hydroxide monohydrate, a crucial component in various industrial processes. Established in 1980 and headquartered in Mumbai, India, INDOBORAX has cultivated a rich legacy of chemical manufacturing excellence. The company continues to strengthen its position in the market by investing in research and development, ensuring that it remains at the forefront of innovation and providing sustainable chemical solutions to its clientele.
Company Details
Key Leadership
Corporate Events
INDOBORAX Share Price: Frequently Asked Questions
What is the current share price of Indo Borax & Chemicals Ltd?
Indo Borax & Chemicals Ltd (INDOBORAX) trades at ₹400.40 on NSE and BSE. Market cap ₹1.45K (Cr). Educational data only.
What is the P/E ratio of Indo Borax & Chemicals Ltd?
Indo Borax & Chemicals Ltd has a P/E of 39.83x vs industry average 22.30x.
What is the Bull Run score for Indo Borax & Chemicals Ltd?
Indo Borax & Chemicals Ltd has a Bull Run score of 8.1/100 based on 25+ financial parameters.
Does Indo Borax & Chemicals Ltd pay dividends?
Indo Borax & Chemicals Ltd has a dividend yield of 2.22%. Past dividends don't guarantee future payments.
What is the ROE of Indo Borax & Chemicals Ltd?
Indo Borax & Chemicals Ltd has ROE of 10.06%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Indo Borax & Chemicals Ltd?
Indo Borax & Chemicals Ltd has debt-to-equity of 0.00.
Is Indo Borax & Chemicals Ltd a good investment?
Bull Run gives Indo Borax & Chemicals Ltd a score of 8.1/100. This is not investment advice — consult a SEBI-registered advisor.