Indo Rama Synth Key Ratios
NSE: INDORAMA | BSE: 500207
₹92.24
As on 19-Oct-2026IST
Market cap
₹2,417 Cr
Revenue (TTM)
₹4,661 Cr
P/E Ratio
11.5
P/B Ratio
3.7
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 43.13 | 9.83 | -4.69 | 7.06 | 8.25 |
| EBIT | 11.04 | 76.30 | 24.23 | 101.79 | 10.61 |
| Net Profit | 16.22 | 201.75 | 50.35 | 54.17 | -4.69 |
| EPS | 16.22 | 201.75 | 48.44 | 53.87 | -4.93 |
| Book Value | -- | -- | 41.00 | -3.22 | 9.27 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 1.75 | 2.38 | 6.82 | 5.09 | 2.81 |
| Net Margin
| -0.30 | 0.77 | 4.50 | 3.04 | 0.03 |
| Return on equity
| -0.62 | 8.89 | 36.29 | 33.85 | 0.38 |
| Return on Capital
| 7.95 | 12.13 | -- | 17.84 | 9.98 |
| Return on Assets
| -0.35 | 2.40 | 6.91 | 5.27 | 0.05 |
| Debt to Equity (x)
| -- | -- | 0.51 | 2.18 | 3.06 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
--
|
17.84
|
9.98
|
-4.60
|
2.95
|
|
Peer Median
|
--
|
8.76
|
9.12
|
8.20
|
--
|
ROE
36.29
Higher than Peers by 29.32
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
36.29
|
33.85
|
0.38
|
-43.25
|
-4.19
|
|
Peer Median
|
6.97
|
6.95
|
7.18
|
4.25
|
--
|
ROA
6.91
Higher than Peers by 2.70
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
6.91
|
5.27
|
0.05
|
-7.85
|
-1.12
|
|
Peer Median
|
4.21
|
4.14
|
4.43
|
1.72
|
--
|
EBIT Margin
6.82
Higher than Peers by 2.65
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
6.82
|
5.09
|
2.81
|
-2.29
|
-0.08
|
|
Peer Median
|
4.17
|
6.34
|
4.18
|
3.86
|
--
|
Net Margin
4.50
Higher than Peers by 0.67
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
4.50
|
3.04
|
0.03
|
-5.23
|
-0.60
|
|
Peer Median
|
3.83
|
4.18
|
4.97
|
2.35
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
--
|
3.61
|
1.03
|
-3.79
|
0.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-4.69
Lower than Peers by 9.95
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
-4.69
|
15.29
|
9.96
|
-5.18
|
1.16
|
|
Peer Median
|
5.26
|
23.87
|
8.85
|
-0.42
|
--
|
EBIT Growth
24.23
Higher than Peers by 15.36
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
24.23
|
108.34
|
235.40
|
-2,631.79
|
-101.26
|
|
Peer Median
|
8.88
|
20.75
|
18.51
|
7.91
|
--
|
Net Profit Growth
50.35
Higher than Peers by 36.24
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
50.35
|
--
|
100.69
|
-728.34
|
-109.13
|
|
Peer Median
|
14.11
|
45.79
|
22.52
|
22.29
|
--
|
EPS Growth
48.44
Higher than Peers by 25.92
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
48.44
|
--
|
100.69
|
-728.34
|
-109.13
|
|
Peer Median
|
22.52
|
46.74
|
22.52
|
66.67
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
--
|
41.00
|
0.03
|
-35.72
|
-4.59
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.51
Higher than Peers by 0.47
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
0.51
|
2.18
|
3.06
|
3.58
|
1.51
|
|
Peer Median
|
0.04
|
0.34
|
0.13
|
0.19
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
--
|
1.06
|
1.34
|
1.84
|
0.43
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.76
Lower than Peers by 1.25
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
0.76
|
0.75
|
0.62
|
0.61
|
0.85
|
|
Peer Median
|
2.00
|
1.92
|
1.77
|
1.77
|
--
|
Quick Ratio
0.42
Lower than Peers by 0.90
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
0.42
|
0.45
|
0.34
|
0.33
|
0.43
|
|
Peer Median
|
1.32
|
1.71
|
1.51
|
1.25
|
--
|
Interest Coverage
2.67
Lower than Peers by 4.48
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
2.67
|
2.15
|
1.01
|
-0.55
|
0.59
|
|
Peer Median
|
7.15
|
6.38
|
8.34
|
3.06
|
--
|
Operating Efficiency
Debtors to sales
2.21
Lower than Peers by 13.03
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
2.21
|
4.96
|
3.91
|
4.25
|
3.97
|
|
Peer Median
|
15.24
|
24.28
|
14.88
|
14.79
|
--
|
Asset Turnover
1.53
Higher than Peers by 0.45
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
1.53
|
1.93
|
1.78
|
1.67
|
2.07
|
|
Peer Median
|
1.08
|
1.38
|
0.98
|
1.05
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
--
|
13.62
|
12.58
|
13.77
|
13.87
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
--
|
41.92
|
45.01
|
52.00
|
47.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
--
|
133.65
|
128.53
|
123.33
|
120.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
--
|
-78.10
|
-70.94
|
-57.55
|
-59.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
11.47
Lower than Peers by 6.33
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
11.47
|
5.21
|
635.07
|
--
|
--
|
|
Peer Median
|
17.80
|
16.57
|
27.89
|
25.04
|
--
|
Price / Book Value
3.68
Higher than Peers by 2.22
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
3.68
|
1.51
|
2.41
|
2.76
|
1.78
|
|
Peer Median
|
1.46
|
1.45
|
1.73
|
1.86
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
8.44
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
8.44
|
5.73
|
9.60
|
-70.43
|
27.56
|
|
Peer Median
|
--
|
9.77
|
14.31
|
12.09
|
--
|
Market Cap
2,417
Higher than Peers by 2,169
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indo Rama Synth
|
2,417
|
783
|
889
|
1,016
|
1,020
|
|
Peer Median
|
248
|
108
|
133
|
86
|
--
|