Indo Amines
- Market cap
- ₹ 885 Cr.
- P/E
- 11.2x
- P/B
- 2.33x
- 52-week range
- 81.9 – 149
- ROE
- 22%
- ROCE
- 20%
- Dividend yield
- 0.4%
- Debt / equity
- 0.79
- Sector
- Chemicals & Petrochemicals
- Industry
- Specialty Chemicals
- Listed on
- NSE, BSE
About
Indo Amines Limited is an India-based chemical manufacturing company. It is a manufacturer, developer and supplier of fine chemicals, specialty chemicals, performance chemicals, perfumery chemicals and active pharmaceutical ingredients. Its product categories include Fine chemicals, Specialty chemicals, and Performance chemicals. Its fine chemicals include aliphatic amines, aromatic amines, aliphatic nitriles, halides, alcohols, cycloalkanols, cycloalkanones, acids & esters, and others. Its specialty chemicals include fatty acids, fatty amides, fatty amines, fatty diamines, fatty tertiary amines, fatty polyamines, and others. Its performance chemical includes anticaking agent, anticaking cum coloring agent, curing aid for SSP, antistatic agent, antistripping agent, antifoaming agent for phosphoric acid plants, and others. These products are used in various industries, like pharmaceuticals, petrochemicals, road construction, pesticides, dyes and intermediates and, among others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Specialty Chemicals: 130 companies →Indo Amines against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)11.2 against a typical 25.8: cheaper than most peers (1st = cheapest).24th of 129
- Sales growth+30.2% against a typical +25.9% from a year earlier.46th of 112
- Profit growth+6.9% against a typical +42.4% from a year earlier.74th of 102
- Share price, 3 months+5.2% against a typical −2.7%.43rd of 118
- Size₹ 885.2 Cr. market value against a typical ₹ 359.6 Cr. (1st = largest).48th of 126
Latest announcements
Exchange filings and their impact on the company.
- 22 Oct 2026Action(s) initiated or orders passedLow impactNegativeMaharashtra GST officials began a search at Indo Amines' registered office; no disruption or financial impact disclosed yet.
On October 22, 2026, Maharashtra GST officials started an inspection and search under Section 67 at Indo Amines' registered office in Dombivli to examine GST payments and input tax credit records. The company said it is cooperating and that operations have not been disrupted, with no material financial impact identified so far. It will disclose any material development if a demand or order follows.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A- by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A-/Watch Developing | Watch: Developing | 21 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 21 Aug 2026 | Reaffirmed | Crisil A-/Watch Developing | — | CRISIL | ₹ 420.15 Cr. | |
| 30 Jul 2026 | Rating action | Crisil A-/Watch Developing | — | CRISIL | ₹ 420.15 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Aug 2026 | Financial Results | To consider and approve the Un-Audited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30th June, 2026. |
| 26 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 7 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Aug 2025 | Financial Results | To consider and approve the unaudited financial results for the period ended Jun 30, 2025 |
| 22 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 253 | 194 | 253 | 265 | 269 | 259 | 285 | 288 | 277 | 277 | 318 | 375 |
| Expenses | 233 | 173 | 236 | 237 | 245 | 234 | 261 | 256 | 245 | 252 | 283 | 322 |
| Operating Profit | 20 | 21 | 17 | 28 | 24 | 24 | 25 | 31 | 32 | 25 | 34 | 53 |
| OPM % | 8% | 11% | 7% | 10% | 9% | 9% | 9% | 11% | 12% | 9% | 11% | 14% |
| Other Income | 5 | 2 | 5 | 8 | 5 | 2 | 0 | 16 | 5 | 2 | 6 | 1 |
| Interest | 6 | 6 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Depreciation | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 6 | 6 |
| Profit before tax | 16 | 13 | 13 | 26 | 19 | 17 | 15 | 36 | 26 | 16 | 29 | 42 |
| Tax % | 28% | 24% | 27% | 25% | 29% | 33% | 22% | 19% | 29% | 27% | 28% | 26% |
| Net Profit | 12 | 10 | 9 | 19 | 14 | 11 | 12 | 29 | 18 | 12 | 21 | 31 |
| EPS in Rs | 1.69 | 1.39 | 1.29 | 2.73 | 1.95 | 1.56 | 1.63 | 3.97 | 2.49 | 1.64 | 2.83 | 4.24 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 16%
- 5 Years
- 16%
- 3 Years
- 7%
- TTM
- 13%
- 10 Years
- 24%
- 5 Years
- 16%
- 3 Years
- 25%
- TTM
- 24%
- 10 Years
- 18%
- 5 Years
- 3%
- 3 Years
- 1%
- TTM
- —
- 10 Years
- 19%
- 5 Years
- 19%
- 3 Years
- 20%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Indo Amines | ₹ 134.11 | ₹ 885 Cr. | 11.2x | 2.3x | 22% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Vijay Bhalchandra Palkar
- Chief Executive Officer, Managing Director, Executive Director
- Suniti Thombre
- Chief Financial Officer
- Tripti Nishant Sawant
- Compliance Officer, Company Secretary
- Rahul Vijay Palkar
- Joint Managing Director, Executive Director
- Saji Jose
- Whole-Time Director
- Bharati Vijay Palkar
- Whole Time Director
- Jayaprakash Anand Shetty
- Whole Time Director
- Adhikarao Abaji Shingade
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.