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Earnings Call Transcript

Indo Borax & Chemicals Earnings Call Transcript: Key Takeaways

Indo Borax reported robust Q1 FY27 results with 31% revenue growth and 59% PAT growth. Management announced a major acquisition of 64.26% stake in Kronox Lab Sciences to diversify into high-purity specialty chemicals.

Guidance and delivery
Management target Revenue 18.6% FY27
Highlights
Revenue growth31.34% YoY in Q1 FY27.
MarginsEBITDA margin at 28.1%; full-year target stabilized at 20%.
Demand visibilitySteady orders across domestic markets; expanding IP-grade pharma base.
Management confidenceHigh on long-term sustainable growth and Kronox integration synergies.

Growth

Revenue rose 31.34% to ₹70.36 Cr; EBITDA up 62.16% to ₹19.8 Cr; PAT increased 59.31% to ₹16.25 Cr.

Outlook

FY27 guidance: ₹250-260 Cr revenue with 20% EBITDA margin. Planned ₹50 Cr capex for Boron Oxide/Boric Acid expansion.

Risks

Q2 seasonality (monsoon), volatile raw material costs due to war, and potential margin compression vs Q1 peaks.

Last quarter's promises, checked

Delivered

  • Guided FY26 Revenue ~₹215 Cr → delivered ₹215.45 Cr (= BEAT)
  • Guided DOT sales 1,500 tons → delivered ~1,500 tons target track (= BEAT)
  • Guided 20-21% EBITDA margin → delivered 28.1% in Q1 FY27 (= BEAT)

Partly delivered

  • Guided Boron Oxide launch in 3-4 quarters → In progress/Capex stage (= PARTIAL)
Source

Earnings Call Transcript filed with NSE, NSE: INDOBORAX. Summary written with AI assistance from the document.

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Indo Borax & Chemicals Ltd: key numbers

Share price
₹449.95
Market cap
₹1,444 Cr
Revenue (annual)
₹215.4 Cr
Net profit (annual)
₹50.27 Cr
P/E (TTM)
25.6×Sector 37.5×
Promoter holding
38.41%+7.61% QoQ
FII holding
0.13%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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15:45 IST BSE
Debt & Borrowing

Indo Borax & Chemicals Debt & Borrowing: ₹225 Cr

Indo Borax & Chemicals Ltd has availed funding of ₹225 Crore from a lending institution. The capital will finance its acquisition of equity shares in Kronox Lab Sciences Limited.

Value
₹225.0 Cr
13:45 IST BSE
Annual General Meeting

Indo Borax & Chemicals Annual General Meeting

Indo Borax & Chemicals reported postal ballot results where shareholders approved borrowing limits up to Rs 400 Crore. One special resolution passed with 98.05% in favour.

13:40 IST BSE
Financial Results

Indo Borax & Chemicals Q1 FY27 Results: Net Profit ₹16.3 Cr, Up 59.8% YoY

Indo Borax & Chemicals Ltd reported revenue from operations of ₹70.4 Cr (+31.3% YoY) and net profit of ₹16.3 Cr (+59.8% YoY) for Q1 FY27.

Key figure
Net profit ₹16.3 Cr · +59.8% YoY