ScoreWhy is Indo Borax & Chemicals Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0 times
2
Poor long term growth as Net Sales has grown by an annual rate of 13.50% and Operating profit at 11.87% over the last 5 years
3
Flat results in Sep 25
- ROCE(HY) Lowest at 15.02%
- DEBTORS TURNOVER RATIO(HY) Lowest at 9.92 times
4
With ROE of 10.8, it has a Very Expensive valuation with a 2.1 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 14.70%, its profits have fallen by -8.9%
5
Increasing Participation by Institutional Investors
- Institutional investors have increased their stake by 0.51% over the previous quarter and collectively hold 0.55% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
6
Market Beating Performance
- The stock has generated a return of 14.70% in the last 1 year, much higher than market (BSE500) returns of 2.34%
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Commodity Chemicals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Indo Borax & Ch. for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Indo Borax & Ch.
44.72%
0.33
43.96%
Sensex
8.49%
0.44
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
10.37%
EBIT Growth (5y)
3.96%
EBIT to Interest (avg)
47.20
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.41
Sales to Capital Employed (avg)
0.75
Tax Ratio
25.68%
Dividend Payout Ratio
8.23%
Pledged Shares
0
Institutional Holding
0.25%
ROCE (avg)
29.57%
ROE (avg)
16.18%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
20
Industry P/E
39
Price to Book Value
2.21
EV to EBIT
17.07
EV to EBITDA
15.62
EV to Capital Employed
3.04
EV to Sales
3.21
PEG Ratio
NA
Dividend Yield
0.40%
ROCE (Latest)
18.56%
ROE (Latest)
10.81%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend5What is working for the Company
NET SALES(Latest six months)
At Rs 98.87 cr has Grown at 31.16%
-11What is not working for the Company
ROCE(HY)
Lowest at 15.02%
NET SALES(Q)
At Rs 41.02 cr has Fallen at -17.6% (vs previous 4Q average
DEBTORS TURNOVER RATIO(HY)
Lowest at 9.92 times
PBDIT(Q)
Lowest at Rs 8.63 cr.
PBT LESS OI(Q)
Lowest at Rs 7.82 cr.
NON-OPERATING INCOME(Q)
is 35.64 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is not working for Indo Borax & Ch.
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 7.82 cr has Fallen at -20.7% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 9.87 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Net Sales - Quarterly
At Rs 41.02 cr has Fallen at -17.6% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 49.76 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 8.63 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 7.82 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 35.64 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Debtors Turnover Ratio- Half Yearly
Lowest at 9.92 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
Highest at Rs 4.33 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
