Indo Euro Indchem Ltd
Incorporated in 1990, Indo Euro Ind Chem Ltd manufactures and trades in paper and other merchandise.[1]
- Market Cap ₹ 9.98 Cr.
- Current Price ₹ 11.0
- High / Low ₹ 18.7 / 8.75
- Stock P/E 27.0
- Book Value ₹ 12.9
- Dividend Yield 0.00 %
- ROCE 7.05 %
- ROE 5.87 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.86 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 3.02% over last 3 years.
- Company has high debtors of 364 days.
* 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
Commodities Chemicals Chemicals & Petrochemicals Specialty Chemicals
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.56 | 2.81 | 5.53 | 3.09 | 7.65 | 0.81 | 6.34 | 7.61 | 22.64 | 10.08 | 10.82 | 13.89 | 12.40 | |
| 1.65 | 2.84 | 5.58 | 3.20 | 7.77 | 1.06 | 6.55 | 7.87 | 22.07 | 10.19 | 11.18 | 13.65 | 12.47 | |
| Operating Profit | -0.09 | -0.03 | -0.05 | -0.11 | -0.12 | -0.25 | -0.21 | -0.26 | 0.57 | -0.11 | -0.36 | 0.24 | -0.07 |
| OPM % | -5.77% | -1.07% | -0.90% | -3.56% | -1.57% | -30.86% | -3.31% | -3.42% | 2.52% | -1.09% | -3.33% | 1.73% | -0.56% |
| 0.34 | 0.23 | 0.06 | 0.28 | 0.31 | 0.38 | 0.33 | 0.43 | 0.24 | 0.49 | 0.61 | 0.22 | 0.58 | |
| Interest | 0.05 | 0.01 | 0.02 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.07 | 0.00 | 0.00 |
| Depreciation | 0.03 | 0.06 | 0.06 | 0.07 | 0.05 | 0.05 | 0.06 | 0.07 | 0.07 | 0.07 | 0.06 | 0.07 | 0.11 |
| Profit before tax | 0.17 | 0.13 | -0.07 | 0.10 | 0.14 | 0.07 | 0.05 | 0.09 | 0.72 | 0.29 | 0.12 | 0.39 | 0.40 |
| Tax % | 41.18% | -23.08% | -14.29% | 20.00% | 50.00% | 28.57% | 20.00% | 33.33% | 29.17% | 27.59% | 75.00% | 7.69% | |
| 0.10 | 0.16 | -0.05 | 0.08 | 0.08 | 0.05 | 0.03 | 0.07 | 0.51 | 0.22 | 0.04 | 0.36 | 0.37 | |
| EPS in Rs | 0.11 | 0.18 | -0.06 | 0.09 | 0.09 | 0.06 | 0.03 | 0.08 | 0.56 | 0.24 | 0.04 | 0.40 | 0.41 |
| 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: | 17% |
| 5 Years: | 17% |
| 3 Years: | -15% |
| TTM: | -13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 42% |
| 5 Years: | 85% |
| 3 Years: | 8% |
| TTM: | 42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 5% |
| 3 Years: | -14% |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 6% |
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 | 9.03 | 9.03 | 9.03 | 9.03 | 9.03 | 9.03 | 9.03 | 9.03 | 9.03 | 9.03 | 9.03 | 9.03 | 9.03 |
| Reserves | 0.86 | 1.02 | 0.97 | 1.09 | 1.15 | 0.53 | 0.57 | 0.64 | 1.16 | 1.25 | 1.66 | 2.41 | 2.64 |
| 1.31 | 0.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.08 | 0.06 | 0.03 | 0.00 | 0.00 | 0.00 | |
| 0.91 | 0.47 | 0.57 | 0.44 | 3.70 | 1.00 | 6.09 | 7.30 | 6.30 | 4.79 | 5.63 | 8.06 | 2.47 | |
| Total Liabilities | 12.11 | 10.95 | 10.57 | 10.56 | 13.88 | 10.56 | 15.79 | 17.05 | 16.55 | 15.10 | 16.32 | 19.50 | 14.14 |
| 1.00 | 0.76 | 0.66 | 0.59 | 0.43 | 0.38 | 0.48 | 0.41 | 0.35 | 0.29 | 0.23 | 0.18 | 0.12 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.23 | 0.74 | 1.69 | 1.69 |
| Investments | 0.48 | 0.48 | 0.48 | 0.52 | 0.50 | 0.28 | 0.29 | 0.29 | 0.29 | 0.17 | 0.09 | 0.00 | 0.00 |
| 10.63 | 9.71 | 9.43 | 9.45 | 12.95 | 9.90 | 15.02 | 16.35 | 15.91 | 14.41 | 15.26 | 17.63 | 12.33 | |
| Total Assets | 12.11 | 10.95 | 10.57 | 10.56 | 13.88 | 10.56 | 15.79 | 17.05 | 16.55 | 15.10 | 16.32 | 19.50 | 14.14 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.89 | -2.37 | -1.54 | 2.39 | 0.28 | 0.27 | 0.57 | -1.20 | -1.78 | -2.36 | 0.57 | 0.38 | |
| 0.77 | 3.49 | 0.63 | -2.71 | 0.03 | 0.00 | -0.16 | 0.00 | 2.03 | 2.07 | -0.55 | -0.32 | |
| 0.00 | 0.00 | -0.02 | 0.28 | -0.42 | -0.37 | -0.37 | 1.28 | 0.00 | -0.02 | -0.03 | 0.00 | |
| Net Cash Flow | -0.12 | 1.12 | -0.93 | -0.05 | -0.12 | -0.10 | 0.04 | 0.08 | 0.25 | -0.31 | 0.00 | 0.06 |
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 | 297.15 | 397.47 | 307.58 | 379.17 | 259.56 | 1,049.94 | 236.04 | 271.47 | 131.39 | 274.11 | 290.11 | 364.21 |
| Inventory Days | 176.46 | 238.17 | 110.85 | 141.37 | 68.23 | 488.31 | 201.57 | 238.83 | 65.96 | 72.39 | 165.42 | 33.18 |
| Days Payable | 164.37 | 39.46 | 25.01 | 32.13 | 166.25 | 266.35 | 359.55 | 463.49 | 116.74 | 202.34 | 259.60 | 280.77 |
| Cash Conversion Cycle | 309.23 | 596.18 | 393.42 | 488.42 | 161.54 | 1,271.90 | 78.06 | 46.81 | 80.62 | 144.16 | 195.93 | 116.62 |
| Working Capital Days | 105.29 | 524.77 | 391.40 | 480.76 | 159.84 | 1,234.69 | 112.26 | 106.00 | 84.16 | 274.11 | 235.12 | 182.63 |
| ROCE % | -0.99% | -0.37% | -0.49% | 0.99% | 2.27% | 0.81% | 0.62% | 1.03% | 7.40% | 3.02% | 3.81% | 7.05% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Nov
-
Announcement under Regulation 30 (LODR)-Resignation of Director
13 Nov - Rima Bandyopadhyay resigns; Vidhi Ankit Pala appointed; Q2/Hy FY25 results approved (Sept 30, 2025).
-
Announcement under Regulation 30 (LODR)-Change in Directorate
13 Nov - Approved unaudited Q2/H1 results (Sep 30, 2025); Rima resigned; Vidhi appointed as Independent Director.
-
Financial Result For The Quarter Ended 30Th September 2025
13 Nov - Unaudited Q2/H1 results for Sep 30, 2025; Rima resigned Nov 13, 2025; Vidhi appointed five-year independent director.
-
Board Meeting Outcome for Outcome Of Board Meeting
13 Nov - Board approved Q2/H1 Sep 30, 2025 unaudited results; independent director resigned Nov 13; new independent director appointed five-year term.
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
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Business Overview:[1][2]
a) IEICL is in the business of Pigment and Organic Chemical.
b) It ventured into new business and also started trading of Laminates, Speciality Chemicals, and Poultry feed
b) It imports Base Paper, Press Plate, Tissue paper, Laminates, etc.
d) The company also trades in Organic and Inorganic Chemicals, Chemical Products, Alkalies, Acids, Solvents, Chemical Auxiliaries, Pesticides, Caustic Soda, Soda Ash, Petrochemicals, Dyes and Intermediates, Rubber Chemicals, Textile Auxiliaries, Industrial Chemicals, Poultry Feeds, Base Paper, Press Plates, Tissue Paper, Laminates