Indian Link Chain Manufacturers Ltd
Incorporated in 1958, Indian Link Chain Manufacturer Ltd does trading of Chains and Chemicals[1]
- Market Cap ₹ 380 Cr.
- Current Price ₹ 1,421
- High / Low ₹ 2,641 / 157
- Stock P/E
- Book Value ₹ 90.4
- Dividend Yield 0.00 %
- ROCE 4.58 %
- ROE 3.36 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Promoter holding has increased by 28.7% over last quarter.
Cons
- Stock is trading at 16.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 37.4%
- Company has a low return on equity of -2.65% over last 3 years.
- Promoter holding has decreased over last 3 years: -17.6%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Other Industrial Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.12 | 0.23 | 0.25 | 0.92 | 0.70 | 0.42 | 0.78 | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.21 | 0.53 | 0.44 | 1.00 | 0.81 | 0.76 | 1.49 | 0.89 | 0.68 | 0.58 | 0.16 | 0.13 | 0.32 | |
| Operating Profit | -0.09 | -0.30 | -0.19 | -0.08 | -0.11 | -0.34 | -0.71 | -0.67 | -0.68 | -0.58 | -0.16 | -0.13 | -0.32 |
| OPM % | -75.00% | -130.43% | -76.00% | -8.70% | -15.71% | -80.95% | -91.03% | -304.55% | |||||
| 4.88 | 0.11 | 0.09 | 0.08 | 0.07 | 1.28 | 0.36 | 0.30 | 0.23 | 0.14 | 0.26 | 0.29 | 0.21 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.02 | 0.07 | 0.08 | 0.08 | 0.08 | 0.06 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Profit before tax | 4.77 | -0.26 | -0.18 | -0.08 | -0.12 | 0.88 | -0.36 | -0.38 | -0.46 | -0.45 | 0.09 | 0.15 | -0.11 |
| Tax % | 31.03% | -7.69% | -11.11% | -275.00% | -83.33% | 45.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 26.67% | |
| 3.30 | -0.24 | -0.16 | 0.15 | -0.02 | 0.48 | -0.36 | -0.39 | -0.46 | -0.46 | 0.09 | 0.11 | -0.13 | |
| EPS in Rs | 66.00 | -4.80 | -3.20 | 3.00 | -0.40 | 9.60 | -7.20 | -7.80 | -9.20 | -9.20 | 1.80 | 2.20 | 0.49 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 18% |
| 3 Years: | 31% |
| TTM: | -176% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 39% |
| 5 Years: | 106% |
| 3 Years: | 139% |
| 1 Year: | 779% |
| Return on Equity | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -6% |
| 3 Years: | -3% |
| Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 2.68 |
| Reserves | 4.08 | 3.85 | 3.69 | 3.83 | 3.82 | 4.30 | 3.94 | 3.55 | 3.09 | 2.63 | 2.72 | 2.83 | 21.50 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 1.70 | 1.74 | 1.61 | 0.78 | 0.75 | 1.19 | 0.74 | 0.51 | 0.38 | 0.39 | 0.38 | 0.39 | 3.02 | |
| Total Liabilities | 6.28 | 6.09 | 5.80 | 5.11 | 5.07 | 5.99 | 5.18 | 4.56 | 3.97 | 3.52 | 3.60 | 3.72 | 27.20 |
| 4.00 | 4.00 | 3.93 | 3.85 | 3.77 | 0.03 | 0.10 | 0.08 | 0.07 | 0.06 | 0.03 | 0.03 | 0.02 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 2.28 | 2.09 | 1.87 | 1.26 | 1.30 | 5.96 | 5.08 | 4.48 | 3.90 | 3.46 | 3.57 | 3.69 | 27.18 | |
| Total Assets | 6.28 | 6.09 | 5.80 | 5.11 | 5.07 | 5.99 | 5.18 | 4.56 | 3.97 | 3.52 | 3.60 | 3.72 | 27.20 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.81 | -0.02 | -0.18 | -0.04 | -0.10 | -0.94 | -0.69 | -0.70 | -0.72 | -0.42 | -0.18 | -0.16 | |
| 0.89 | 0.04 | 0.09 | 0.08 | 0.07 | 1.06 | 0.68 | 0.69 | 0.93 | 0.14 | 0.14 | 0.29 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Cash Flow | 0.08 | 0.02 | -0.08 | 0.04 | -0.03 | 0.12 | -0.01 | -0.01 | 0.21 | -0.29 | -0.04 | 0.13 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 121.67 | 206.30 | 58.40 | 63.48 | 114.71 | 60.83 | 149.74 | 199.09 | ||||
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 121.67 | 206.30 | 58.40 | 63.48 | 114.71 | 60.83 | 149.74 | 199.09 | ||||
| Working Capital Days | -1,247.08 | -603.04 | -540.20 | -142.83 | -187.71 | -903.81 | -168.46 | -514.32 | ||||
| ROCE % | 1.06% | -5.82% | -4.22% | -1.88% | -2.77% | -6.14% | -8.01% | -8.95% | -12.04% | -13.39% | 2.83% | 4.58% |
Documents
Announcements
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Intimation Of Submission Of Application To BSE Limited ('BSE') For Reclassification Of Person Belonging To 'Promoters' And Members Of ''Promoter Group'' Category To ''Public'' Category In Accordance With Regulations 30 And 31A Of The SEBI (LODR) Regulations, 2015, As Amended ("Listing Regulations").
18 Feb - Applied Feb 17, 2026 to reclassify Vishal Thakkar from Promoter to Public; holds no shares.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Feb - Stock exchange and Stakeholder are requested to take on record, Intimation regarding the Newspaper publication of the financial result of the Company for the quarter …
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Application For Reclassification Of Mr. Vishal Thakkar Under Regulation 31A Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations').
14 Feb - Board approved reclassification of promoter Vishal Thakkar to public; he holds nil shares (Feb 14, 2026).
-
Appointment of Company Secretary and Compliance Officer
14 Feb - Appointed Ms Khushbu Gupta as Company Secretary & Compliance Officer (KMP) effective 14-02-2026.
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Outcome Of The Board Meeting Held Today, I.E. 14Th February, 2026.
14 Feb - Board approved unaudited Q3/9M results (Dec 31, 2025); appointed CS Khushbu Gupta; approved promoter reclassification request.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1]
Company was originally a chain manufacturer. It was engaged in the trading and distribution of steel chains & chemicals. But due to labour problems and uneconomical working, both the operations were closed and, at present, company is trying to develop trading business