Indian Emulsifiers Ltd
Incorporated in 2020, Indian Emulsifiers
Ltd is in the business of Manufacturing
and Supplying of Speciality Chemicals[1]
- Market Cap ₹ 214 Cr.
- Current Price ₹ 175
- High / Low ₹ 547 / 98.4
- Stock P/E 16.1
- Book Value ₹ 67.1
- Dividend Yield 0.00 %
- ROCE 23.6 %
- ROE 24.1 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.6%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0 | 18 | 41 | 67 | 101 | |
| 0 | 17 | 33 | 52 | 82 | |
| Operating Profit | 0 | 1 | 8 | 15 | 20 |
| OPM % | 5% | 19% | 22% | 19% | |
| 0 | 0 | 0 | 0 | 1 | |
| Interest | 0 | 0 | 2 | 2 | 2 |
| Depreciation | 0 | 0 | 1 | 2 | 2 |
| Profit before tax | 0 | 0 | 5 | 11 | 16 |
| Tax % | 67% | 16% | 18% | 19% | |
| 0 | 0 | 4 | 9 | 13 | |
| EPS in Rs | 0.00 | 0.07 | 6.47 | 9.79 | 10.88 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 79% |
| TTM: | 52% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 593% |
| TTM: | 51% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -53% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 6 | 6 | 9 | 12 |
| Reserves | 0 | 0 | 4 | 19 | 70 |
| 1 | 13 | 22 | 24 | 26 | |
| 0 | 0 | 2 | 12 | 10 | |
| Total Liabilities | 1 | 19 | 34 | 64 | 117 |
| 0 | 10 | 13 | 17 | 19 | |
| CWIP | 0 | 0 | 0 | 3 | 21 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 1 | 9 | 22 | 44 | 77 | |
| Total Assets | 1 | 19 | 34 | 64 | 117 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0 | -6 | 0 | -0 | -17 | |
| 0 | -2 | -0 | -7 | -24 | |
| 0 | 8 | 0 | 8 | 40 | |
| Net Cash Flow | 0 | -0 | 0 | 0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 60 | 71 | 101 | 110 | |
| Inventory Days | 32 | 106 | 162 | 185 | |
| Days Payable | 0 | 11 | 69 | 33 | |
| Cash Conversion Cycle | 92 | 166 | 195 | 263 | |
| Working Capital Days | 187 | 174 | 171 | 239 | |
| ROCE % | 6% | 26% | 31% | 24% |
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
28 May 2025 - INR 25 Cr capex for 50% capacity expansion; FY25 revenue INR 102.66 Cr; 40-45% CAGR guidance; Australian subsidiary launched.
-
Analysts/Institutional Investor Meet/Con. Call Updates
26 May 2025 - Audio recording link of earnings call for half year ended March 31, 2025 disclosed.
-
Analysts/Institutional Investor Meet/Con. Call Updates
23 May 2025 - Earnings call scheduled on May 23, 2025, to discuss FY25 H2 financial performance.
-
Investor Presentation
21 May 2025 - 53.87% revenue growth; new Australian subsidiary for mining explosives; capacity expansion; strong margins.
-
Press Release
19 May 2025 - FY25 revenue up 53.87%, PAT up 50.72%; new Australian subsidiary launched; 3-year 40-45% revenue CAGR guidance.
Annual reports
Concalls
-
May 2025TranscriptNotesPPT
Product Profile:[1]
a) Esters
b) Esterquats
c) Polyamides
d) Polymerized Surfactants
e) Sulphates
f) Amphoteric
g) Phosphate Esters
h) Imidazolines
i) Wax Emulsions
j) Formulated Specialities
k) SMO & PIBSA Emulsifiers