INDOAMINCommodities

Indo Amines Limited

Specialty Chemicals · ISIN INE760F01028 · BSE 524648 · NSE BE · FV ₹5
Last price
₹124
+0.41%today
What this company does

Indo Amines Limited operates in Specialty Chemicals, part of the Commodities sector. It booked ₹375 cr of revenue in its latest quarter (Q1 FY27) and kept 8.2% of sales as profit.

The Company is one of the leading players in the industry which has a balanced portfolio of technical along with backward integration for some products.
In the report:
68out of 100
Equitytale Health Score
Solid

Healthier than 68% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 43–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
47

At close. Not part of the score.

Profitability & returns85

How much profit it earns on the money it employs

Balance sheet32

How much it owes, and whether earnings cover the interest

Cash quality43

Whether reported profit actually arrives as cash

Growth & consistency85

Whether sales and profit have grown, and how steadily

Valuation71

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Looks broadly healthySlightly rich vs. 2 models
Strengths
Makes a profit
Sales up 30% vs last year
Profit up 7% vs last year
Promoters hold 58%
No promoter shares pledged
Strong 31% return on equity
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in INDOAMIN?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹124 +0.41%
latest close · 2026-09-17
52-wk low ₹7085 sessions so far52-wk high ₹136
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio7.4Low
LowAverageHigh
P/B ratio2.29Moderate
Below bookModerateHigh
EV / EBITDA5.5Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity31.4%Strong
WeakFairStrong ▸15%
Return on capital39.1%Strong
WeakFairStrong
Net margin8.2%Decent
ThinDecentStrong
EBITDA margin14.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.79Moderate
LowModerateHigh ▸1
Interest cover7.7×Strong
RiskyOkayStrong ▸5×
Current ratio1.30Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹897 cr
Book value
₹54
EPS
₹4.19
latest quarter
Net debt
₹304 cr
owes more than its cash
Enterprise value
₹1,201 cr
EBITDA
₹217 cr
annualised
EBIT
₹192 cr
annualised
Operating margin
12.8%
Return on assets
13.7%
Earnings yield
13.56%
P/S
0.60
Sales / share
₹206.4
Tax rate
26.2%
Face value
₹5
Shares
7.3 cr
Working capital
₹123 cr
Current assets
₹530 cr
Current liabilities
₹407 cr
Delivery %
53.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Slightly expensiveMedium confidence
Median of 2 models ₹106 vs market price ₹124 — price is 16% above it
Safety cushion-16.1%(target ≥ +20%)
Models span ₹76₹137, midpoint ₹106
Model ₹106
Price ₹124
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹375 cr
Other Income₹1 cr
Total Income₹376 cr
Cost of Materials₹260 cr
Purchases of Stock-in-Trade₹5 cr
Inventory Change (±)₹-23 cr
Employee Benefit Expense₹19 cr
Finance Costs₹6 cr
Depreciation & Amortisation₹6 cr
Other Expenses₹61 cr
Total Expenses₹334 cr
Profit before Tax₹42 cr
Tax Expense₹11 cr
Net Profit₹31 cr
Net margin on total income8.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹242 cr64.4%
Employee benefit expense₹19 cr4.9%
Finance costs₹6 cr1.7%
Depreciation & amortisation₹6 cr1.7%
Other expenses₹61 cr16.3%
Tax expense₹11 cr2.9%
Profit for the period₹31 cr8.2%
Total income ₹376 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue277 cr318 cr375 cr
Total income280 cr324 cr376 cr
Expenses263 cr295 cr334 cr
Profit before tax16 cr29 cr42 cr
Tax4 cr8 cr11 cr
Net profit (owners' share)12 cr21 cr31 cr
Net margin (owners' share, on revenue)4.3%6.5%8.2%
EPS (₹)1.622.734.19
YoY (latest quarter): total income +24.1% · net profit +6.6%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹897 cr
Shareholder equity
₹392 cr
parent shareholders
Total debt
₹311 cr
Cash
₹7 cr
Cash flow · H1 FY26
Operating
₹36 cr
Investing
₹-38 cr
Financing
₹7 cr
Peer comparison
Specialty Chemicals · by market value
CompanyPriceMarket capP/E
Pidilite Industries Limited₹1,552₹1.58 L cr45.3
Gujarat Fluorochemicals Limited₹4,472₹49,190 cr55.4
Navin Fluorine International Limited₹8,220₹42,169 cr43.3
Deepak Nitrite Limited₹1,605₹21,889 cr15.9
Aether Industries Limited₹1,623₹21,543 cr85.1
Atul Limited₹6,134₹18,057 cr18.4
Aarti Industries Limited₹477₹17,287 cr27.9
Fine Organic Industries Limited₹5,202₹15,949 cr28.9
BASF India Limited₹3,602₹15,591 cr11.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.40%
trailing 12 months
Dividend / share (TTM)
₹0.5
Last dividend
₹0.5
ex 17 Sep 2026
ActionDetailEx-date
Dividend₹0.5 / share17 Sep 2026
Dividend₹0.5 / share17 Sep 2025
Dividend₹0.5 / share17 Sep 2024
Dividend₹0.5 / share20 Sep 2023
Dividend₹0.5 / share2 Sep 2022
Stock splitStock Split From Rs.10/- to Rs.5/-13 Jan 2022
Who owns it · 2026-06-30
No pledge
Promoter
58.4%
FII / Foreign
0.1%
DII / Domestic
0.0%
Retail / others
41.5%
Promoter stake down 8.3% over the last 12 quarters.
Smart-money activity
Insider trades
SoldCore Chemicals LLP · Other11,500 · ₹16.6 L11 Sep 25
SoldCore Chemicals LLP · Other10,000 · ₹14.4 L10 Sep 25
SoldCore Chemicals LLP · Other7,943 · ₹11.5 L8 Sep 25
Bulk / block deals
SoldHRTI PRIVATE LIMITED · NSE3.67 L @ ₹199.014 Dec 24
BoughtHRTI PRIVATE LIMITED · NSE3.59 L @ ₹198.814 Dec 24
SoldQE SECURITIES LLP · NSE5.88 L @ ₹233.659 Sep 24
Stake changes
SoldCore Chemicals LLP→ 0.34% · 32,5003 Sep 25
SoldCore chemicals LLP→ 0.40% · 1.55 L10 Sep 24
SoldCore chemicals LLP→ 0.62% · 74,0006 Sep 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 24 Sep 2025
See the official result
1
Adoption of the Audited Standalone Financial Statements for the year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon and the Audited Consolidated Financial Statements for the year ended March 31, 2025 and the reports of auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
97.33 L votes for, 1,542 against · 0% of mutual funds and other big investors said no
2
Declaration of Final Dividend of 10 % i.e. Rs. 0.50 per equity share on face value of Rs. 5/- each for the financial year ended March 31, 2025
Backed by 100% of shareholders other than promotersneeded 50%
97.33 L votes for, 1,542 against · 0% of mutual funds and other big investors said no
3
Appointment of a Director in place of Mrs. Bharati Palkar (DIN: 00136185), who retires by rotation and being eligible, offers herself for re-appointment
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
97.32 L votes for, 1,918 against · 0% of mutual funds and other big investors said no
4
Appointment of a Director in place of Mr. Jayprakash Shetty (DIN: 07980763), who retires by rotation and being eligible, offers himself for re-appointment
Backed by 100% of shareholders other than promotersneeded 50%
97.32 L votes for, 1,918 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 32 named members
owning 58.4% between them · as of 2026-06-30
TECHNO SECURITIES INDIA PVT LTD11.52%
PALKAR FINANCE AND CONSULTANCY SERVICES PRIVATE LTD11.48%
TECHNO HOLDINGS INDIA PRIVATE LIMITED10.75%
VIJAY B PALKAR10.36%
BHARATI VIJAY PALKAR7.20%
PALKAR COMMERCIALS PRIVATE LIMITED5.61%
RAHUL V PALKAR0.98%
ATUL VIJAY PALKAR0.46%
Business done with them
FY2025 · 4 of the group
The company paid ₹1 cr to companies in the promoter group last year — about 0.1% of its ₹1,079 cr revenue.
Techno Securities (India) Pvt Ltd
Other payments to them · Dividend paid
also owns 11.52% of the company
₹41.8 L
company paid
PALKAR FINANCE AND CONSULTANCY SERVICES PVT LTD
Other payments to them · Dividend paid
also owns 11.48% of the company
₹41.7 L
company paid
Palkar Commercials Private Limited
Other payments to them · Dividend Paid
also owns 5.61% of the company
₹20.4 L
company paid
Techno Holdings (India) Pvt Ltd
Other payments to them · Dividend paid
also owns 10.75% of the company
₹3.9 L
company paid

The company also transacted with 20 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.