Indo Euro Indchem Ltd
Incorporated in 1990, Indo Euro Ind Chem Ltd manufactures and trades in paper and other merchandise.[1]
- Market Cap ₹ 7.38 Cr.
- Current Price ₹ 8.15
- High / Low ₹ 19.0 / 7.45
- Stock P/E 27.3
- Book Value ₹ 13.0
- Dividend Yield 0.00 %
- ROCE 3.88 %
- ROE 2.76 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.62 times its book value
- Debtor days have improved from 245 to 81.3 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 3.20% over last 3 years.
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.81 | 5.53 | 3.09 | 7.65 | 0.81 | 6.34 | 7.61 | 22.64 | 10.08 | 10.82 | 13.89 | 13.70 | 16.24 | |
| 2.84 | 5.58 | 3.20 | 7.77 | 1.06 | 6.55 | 7.87 | 22.07 | 10.19 | 11.18 | 13.65 | 13.72 | 16.27 | |
| Operating Profit | -0.03 | -0.05 | -0.11 | -0.12 | -0.25 | -0.21 | -0.26 | 0.57 | -0.11 | -0.36 | 0.24 | -0.02 | -0.03 |
| OPM % | -1.07% | -0.90% | -3.56% | -1.57% | -30.86% | -3.31% | -3.42% | 2.52% | -1.09% | -3.33% | 1.73% | -0.15% | -0.18% |
| 0.23 | 0.06 | 0.28 | 0.31 | 0.38 | 0.33 | 0.43 | 0.24 | 0.49 | 0.61 | 0.22 | 0.51 | 0.48 | |
| Interest | 0.01 | 0.02 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.07 | 0.00 | 0.03 | 0.03 |
| Depreciation | 0.06 | 0.06 | 0.07 | 0.05 | 0.05 | 0.06 | 0.07 | 0.07 | 0.07 | 0.06 | 0.07 | 0.05 | 0.05 |
| Profit before tax | 0.13 | -0.07 | 0.10 | 0.14 | 0.07 | 0.05 | 0.09 | 0.72 | 0.29 | 0.12 | 0.39 | 0.41 | 0.37 |
| Tax % | -23.08% | -14.29% | 20.00% | 50.00% | 28.57% | 20.00% | 33.33% | 29.17% | 27.59% | 75.00% | 7.69% | 24.39% | |
| 0.16 | -0.05 | 0.08 | 0.08 | 0.05 | 0.03 | 0.07 | 0.51 | 0.22 | 0.04 | 0.36 | 0.32 | 0.27 | |
| EPS in Rs | 0.18 | -0.06 | 0.09 | 0.09 | 0.06 | 0.03 | 0.08 | 0.56 | 0.24 | 0.04 | 0.40 | 0.35 | 0.30 |
| 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: | 10% |
| 5 Years: | 12% |
| 3 Years: | 11% |
| TTM: | 55% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 36% |
| 3 Years: | 13% |
| TTM: | -7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -1% |
| 3 Years: | -11% |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Reserves | 1.02 | 0.97 | 1.09 | 1.15 | 0.53 | 0.57 | 0.64 | 1.16 | 1.25 | 1.66 | 2.41 | 2.73 |
| 0.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.08 | 0.06 | 0.03 | 0.00 | 0.00 | 0.00 | |
| 0.47 | 0.57 | 0.44 | 3.70 | 1.00 | 6.09 | 7.30 | 6.30 | 4.79 | 5.63 | 8.06 | 7.87 | |
| Total Liabilities | 10.95 | 10.57 | 10.56 | 13.88 | 10.56 | 15.79 | 17.05 | 16.55 | 15.10 | 16.32 | 19.50 | 19.63 |
| 0.76 | 0.66 | 0.59 | 0.43 | 0.38 | 0.48 | 0.41 | 0.35 | 0.29 | 0.23 | 0.18 | 0.08 | |
| CWIP | 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 | 0.52 | 0.50 | 0.28 | 0.29 | 0.29 | 0.29 | 0.17 | 0.09 | 0.00 | 0.00 |
| 9.71 | 9.43 | 9.45 | 12.95 | 9.90 | 15.02 | 16.35 | 15.91 | 14.41 | 15.26 | 17.63 | 17.86 | |
| Total Assets | 10.95 | 10.57 | 10.56 | 13.88 | 10.56 | 15.79 | 17.05 | 16.55 | 15.10 | 16.32 | 19.50 | 19.63 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -2.37 | -1.54 | 2.39 | 0.28 | 0.27 | 0.57 | -1.20 | -1.78 | -2.36 | 0.57 | 0.38 | 9.07 | |
| 3.49 | 0.63 | -2.71 | 0.03 | 0.00 | -0.16 | 0.00 | 2.03 | 2.07 | -0.55 | -0.32 | -9.15 | |
| 0.00 | -0.02 | 0.28 | -0.42 | -0.37 | -0.37 | 1.28 | 0.00 | -0.02 | -0.03 | 0.00 | 0.00 | |
| Net Cash Flow | 1.12 | -0.93 | -0.05 | -0.12 | -0.10 | 0.04 | 0.08 | 0.25 | -0.31 | 0.00 | 0.06 | -0.08 |
| Free Cash Flow | -2.27 | -1.54 | 2.39 | 0.31 | 0.27 | 0.41 | -1.20 | -1.78 | -2.60 | 0.06 | -0.58 | 9.11 |
| CFO/OP | 7,567% | 3,020% | -2,218% | -283% | -144% | -276% | 450% | -305% | 1,891% | -194% | 138% | -46,000% |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 397.47 | 307.58 | 379.17 | 259.56 | 1,049.94 | 236.04 | 271.47 | 131.39 | 274.11 | 290.11 | 364.21 | 81.26 |
| Inventory Days | 238.17 | 110.85 | 141.37 | 68.23 | 488.31 | 201.57 | 238.83 | 65.96 | 72.39 | 165.42 | 33.18 | 87.03 |
| Days Payable | 39.46 | 25.01 | 32.13 | 166.25 | 266.35 | 359.55 | 463.49 | 116.74 | 202.34 | 259.60 | 280.77 | 265.59 |
| Cash Conversion Cycle | 596.18 | 393.42 | 488.42 | 161.54 | 1,271.90 | 78.06 | 46.81 | 80.62 | 144.16 | 195.93 | 116.62 | -97.30 |
| Working Capital Days | 524.77 | 391.40 | 480.76 | 159.84 | 1,234.69 | 112.26 | 106.00 | 84.16 | 274.11 | 235.12 | 182.63 | -61.54 |
| ROCE % | -0.37% | -0.49% | 0.99% | 2.27% | 0.81% | 0.62% | 1.03% | 7.40% | 3.02% | 3.81% | 7.05% | 3.88% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Number of permanent employees count |
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| Base Paper share of total turnover % |
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| Chemicals share of total turnover % |
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Extracted by Screener AI
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer''''s Report
- Indo Euro Indchem's 36th AGM resolutions passed on September 29, 2026, including director reappointments and whole-time director appointment.
- Closure of Trading Window
- Shareholder Meeting / Postal Ballot-Outcome of AGM
- Announcement under Regulation 30 (LODR)-Newspaper Publication
-
Reg. 34 (1) Annual Report.
- 36th AGM on 29 Sep 2026; approves FY26 results, reappoints Yash Shah, appoints Vidhi Pala and Paresh Shah.
Annual reports
-
Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
from bse
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