Indokem Key Ratios
NSE: INDOKEM | BSE: 504092
₹628.40
As on 03-Nov-2026IST
Market cap
₹1,750 Cr
Revenue (TTM)
₹181 Cr
P/E Ratio
774.2
P/B Ratio
36
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -0.31 | 21.43 | 3.37 | 4.37 | 10.45 |
| EBIT | -39.04 | 134.21 | -37.38 | 156.03 | -0.80 |
| Net Profit | -12.79 | 13.64 | -37.78 | 44.58 | -1.19 |
| EPS | -12.81 | 13.65 | -37.77 | 44.58 | -3.85 |
| Book Value | -- | -- | 11.78 | -0.36 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 0.50 | -- | 1.80 | 1.45 | 3.00 |
| Net Margin
| -0.59 | -- | 1.21 | 1.07 | 1.76 |
| Return on equity
| -1.29 | -- | 3.46 | 4.16 | 7.80 |
| Return on Capital
| 4.10 | -- | -- | 8.00 | 9.82 |
| Return on Assets
| -0.73 | -- | 1.51 | 1.29 | 2.34 |
| Debt to Equity (x)
| -- | -- | 0.41 | 0.57 | 0.53 |
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
|
|---|---|---|---|---|---|
|
Indokem
|
--
|
8.00
|
9.82
|
-4.85
|
2.94
|
|
Peer Median
|
--
|
10.05
|
9.72
|
8.69
|
--
|
ROE
3.46
Lower than Peers by 3.89
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
3.46
|
4.16
|
7.80
|
-15.59
|
-4.75
|
|
Peer Median
|
7.34
|
7.70
|
7.30
|
6.85
|
--
|
ROA
1.51
Lower than Peers by 2.74
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
1.51
|
1.29
|
2.34
|
-4.98
|
-1.41
|
|
Peer Median
|
4.25
|
4.46
|
4.46
|
4.37
|
--
|
EBIT Margin
1.80
Lower than Peers by 4.10
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
1.80
|
1.45
|
3.00
|
-2.14
|
0.55
|
|
Peer Median
|
5.90
|
7.42
|
6.52
|
6.80
|
--
|
Net Margin
1.21
Lower than Peers by 2.92
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
1.21
|
1.07
|
1.76
|
-3.77
|
-0.82
|
|
Peer Median
|
4.14
|
3.91
|
4.08
|
3.89
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
--
|
2.47
|
3.03
|
-2.26
|
0.45
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
0.95
Lower than Peers by 10.09
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
0.95
|
-4.89
|
8.06
|
2.59
|
478.26
|
|
Peer Median
|
11.03
|
21.62
|
10.88
|
16.44
|
--
|
EBIT Growth
-55.39
Lower than Peers by 76.51
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
-55.39
|
-54.12
|
251.70
|
-500.00
|
--
|
|
Peer Median
|
21.12
|
37.27
|
14.69
|
67.14
|
--
|
Net Profit Growth
-37.78
Lower than Peers by 64.79
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
-37.78
|
-41.08
|
150.40
|
-371.97
|
86.17
|
|
Peer Median
|
27.00
|
79.88
|
21.15
|
72.72
|
--
|
EPS Growth
-37.77
Lower than Peers by 73.70
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
-37.77
|
-40.20
|
146.16
|
-312.17
|
85.44
|
|
Peer Median
|
35.92
|
96.29
|
13.32
|
79.72
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
--
|
11.78
|
8.76
|
-6.72
|
191.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.41
Higher than Peers by 0.36
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
0.41
|
0.57
|
0.53
|
0.58
|
0.54
|
|
Peer Median
|
0.06
|
0.31
|
0.31
|
0.27
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
--
|
0.01
|
0.05
|
0.03
|
0.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.80
Higher than Peers by 0.25
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
1.80
|
1.78
|
1.25
|
1.23
|
1.43
|
|
Peer Median
|
1.55
|
2.05
|
2.19
|
1.80
|
--
|
Quick Ratio
1.08
Higher than Peers by 0.03
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
1.08
|
1.09
|
0.76
|
0.73
|
0.91
|
|
Peer Median
|
1.05
|
1.32
|
1.55
|
1.73
|
--
|
Interest Coverage
1.62
Lower than Peers by 2.92
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
1.62
|
1.59
|
2.15
|
-1.01
|
0.55
|
|
Peer Median
|
4.54
|
5.20
|
4.10
|
6.78
|
--
|
Operating Efficiency
Debtors to sales
24.93
Higher than Peers by 3.53
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
24.93
|
25.20
|
21.37
|
18.40
|
19.43
|
|
Peer Median
|
21.40
|
22.72
|
21.58
|
20.60
|
--
|
Asset Turnover
1.22
Higher than Peers by 0.31
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
1.22
|
1.19
|
1.33
|
1.32
|
1.72
|
|
Peer Median
|
0.91
|
1.05
|
1.05
|
1.03
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
--
|
86.99
|
70.07
|
68.15
|
45.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
--
|
67.21
|
54.86
|
50.09
|
33.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
--
|
135.11
|
115.47
|
98.23
|
66.46
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
--
|
19.08
|
9.45
|
20.01
|
12.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
774.21
Higher than Peers by 756.26
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
774.21
|
765.96
|
174.52
|
--
|
--
|
|
Peer Median
|
17.95
|
17.95
|
19.22
|
28.75
|
--
|
Price / Book Value
35.97
Higher than Peers by 34.03
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
|
|---|---|---|---|---|---|
|
Indokem
|
35.97
|
29.40
|
12.52
|
7.12
|
6.08
|
|
Peer Median
|
1.95
|
1.57
|
1.42
|
1.69
|
--
|
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
|
|---|---|---|---|---|---|
|
Indokem
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.34
|
0.12
|
0.03
|
0.20
|
--
|
EV/EBITDA
203.14
--
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
|
|---|---|---|---|---|---|
|
Indokem
|
203.14
|
178.62
|
64.85
|
-491.11
|
74.08
|
|
Peer Median
|
--
|
20.74
|
21.21
|
27.21
|
--
|
Market Cap
1,750
Higher than Peers by 715
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indokem
|
1,750
|
1,379
|
525
|
275
|
252
|
|
Peer Median
|
1,035
|
408
|
291
|
360
|
--
|