Indo Borax and Chemicals Ltd

Indo Borax & Chemicals Ltd announced financial results for 1Q FY27, reporting revenue of 703.56, EBITDA of 198.05, and an EBITDA margin of 28.15%, alongside a gross interest coverage of 405, while India Ratings has revised the rating on its Bank Loan Facilities to IND BBB+/Stable/IND A2+ under a Rating Watch with Negative Implications, and also assigned an initial rating of BBB+ to its Bank Loan of IDR 100 Crore, classifying it as Senior Secured Debt; furthermore, India Ratings and Research Private Limited reaffirmed its Issuer Rating of IND BBB+ and Short-Term Rating of IND A2+, and noted no rating actions were taken on another instrument of INR 100 crore, although limited information was available regarding net leverage, which was reported as NM for both FY26 and FY25.

Indo Borax & Chemicals Ltd share price softened by 2% to Rs 401.45. The Company's net profit improved by 11.84% to Rs 16.25 crore, while revenue from operations gained 11.66% to Rs 70.36 crore in Q2FY26 over Q1FY26. The market capitalization of Commodity Chemicals industry group stocks on BSE stood at Rs 1.63 lakh crore, easing 9.98%. It has slipped by 1.18% over last one week and ticked higher by 1.47% in last one month while the market capitalization of Indo Borax & Chemicals Ltd has eased by 4.21% and 42.48% in the same period respectively. Profit before tax (PBT) of Indo Borax & Chemicals Ltd stood at Rs 22.0 crore in Q2 FY26, surging by 53.10% year-on-year, and rallying 26.15% quarter-on-quarter. EBITDA came in at Rs 17 crore, jumping 87.39% YoY and expanding by 107.71% sequentially. Total expenses saw a slight increase of 0.08% to Rs 50.86 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 35.18 crore, marginally falling by 2.74% YoY, while employee benefits expense was at Rs 5.12 crore, plunging by 29.96% YoY. For the TTM ended FY26, revenue from operations soared by 22.93% to Rs 215.45 crore, while net profit registered a growth of 18.25% to Rs 50.27 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 2982% to Rs 28.72 crore, and PBT improved 13.40% to Rs 66.52 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 87.15 crore in FY26, as against Rs 104.47 crore in FY25. Indo Borax & Chemicals Ltd jumped 45.93% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.63% during the same period.

Indo Borax & Chemicals announced that India Ratings and Research has assigned the credit rating IND BBB+/ Stable / IND A2+ for bank loan facilities of Rs 60 crore.

Panacea Biotec Ltd, Shri Krishna Devcon Ltd, Taylormade Renewables Ltd and Commercial Syn Bags Ltd are among the other losers in the BSE's 'B' group today, 21 July 2026.Indo Borax & Chemicals Ltd tumbled 12.07% to Rs 422.5 at 14:31 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 47494 shares were traded on the counter so far as against the average daily volumes of 38807 shares in the past one month.Panacea Biotec Ltd crashed 10.00% to Rs 494.55. The stock was the second biggest loser in 'B' group.On the BSE, 54272 shares were traded on the counter so far as against the average daily volumes of 20740 shares in the past one month.Shri Krishna Devcon Ltd lost 9.80% to Rs 40.5. The stock was the third biggest loser in 'B' group.On the BSE, 1412 shares were traded on the counter so far as against the average daily volumes of 6801 shares in the past one month.Taylormade Renewables Ltd fell 8.86% to Rs 74.7. The stock was the fourth biggest loser in 'B' group.On the BSE, 48192 shares were traded on the counter so far as against the average daily volumes of 15211 shares in the past one month.Commercial Syn Bags Ltd plummeted 8.14% to Rs 192.3. The stock was the fifth biggest loser in 'B' group.On the BSE, 56608 shares were traded on the counter so far as against the average daily volumes of 43112 shares in the past one month.Powered by Capital Market - Live

Indo Borax & Chemicals announced that the 45th Annual General Meeting(AGM) of the company will be held on 28 July 2026.

Indo Borax & Chemicals announced that the Board of Directors of the Company at its meeting held on 21 May 2026, inter alia, have recommended the special dividend of Rs 30 per equity Share (i.e. 3000%) , subject to the approval of the shareholders.

Indo Borax & Chemicals announced that the Board of Directors of the Company at its meeting held on 21 May 2026, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 1000%) , subject to the approval of the shareholders.

Net profit of Indo Borax & Chemicals rose 41.89% to Rs 14.53 crore in the quarter ended March 2026 as against Rs 10.24 crore during the previous quarter ended March 2025. Sales rose 25.72% to Rs 63.01 crore in the quarter ended March 2026 as against Rs 50.12 crore during the previous quarter ended March 2025. For the full year,net profit rose 18.25% to Rs 50.27 crore in the year ended March 2026 as against Rs 42.51 crore during the previous year ended March 2025. Sales rose 22.93% to Rs 215.45 crore in the year ended March 2026 as against Rs 175.26 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales63.0150.12 26 215.45175.26 23 OPM %20.3520.35 -20.5026.18 - PBDT17.2813.78 25 59.5361.30 -3 PBT16.6412.78 30 56.3758.66 -4 NP14.5310.24 42 50.2742.51 18 Powered by Capital Market - Live

Indo Borax & Chemicals will hold a meeting of the Board of Directors of the Company on 21 May 2026.

Net profit of Indo Borax & Chemicals rose 2.21% to Rs 9.27 crore in the quarter ended December 2025 as against Rs 9.07 crore during the previous quarter ended December 2024. Sales rose 9.36% to Rs 41.02 crore in the quarter ended December 2025 as against Rs 37.51 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales41.0237.51 9 OPM %21.0126.87 - PBDT12.9514.31 -10 PBT12.1513.69 -11 NP9.279.07 2 Powered by Capital Market - Live