Innomet Advanced Materials Ltd
Incorporated in 1984, Innomet Advanced Materials Ltd is a manufacturer of specialty powder metallurgy products[1]
- Market Cap ₹ 499 Cr.
- Current Price ₹ 373
- High / Low ₹ 373 / 63.2
- Stock P/E 117
- Book Value ₹ 41.2
- Dividend Yield 0.00 %
- ROCE 5.68 %
- ROE 3.73 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 9.05 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.70%
- Company has a low return on equity of 7.36% over last 3 years.
- Company might be capitalizing the interest cost
* 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 Metals & Mining Diversified Metals Diversified Metals
Part of Nifty SME Emerge
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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 12.30 | 22.18 | 23.29 | 24.90 | 32.52 | 53.81 | 86.00 | |
| Sales growth | +80.33% | +5.00% | +6.91% | +30.60% | +65.47% | +107.68% | |
| 11.18 | 20.49 | 17.56 | 20.54 | 27.47 | 48.21 | 76.47 | |
| Operating Profit | 1.12 | 1.69 | 5.73 | 4.36 | 5.05 | 5.60 | 9.53 |
| OPM % | 9.11% | 7.62% | 24.60% | 17.51% | 15.53% | 10.41% | 11.08% |
| 0.09 | 0.02 | 0.02 | 0.59 | 0.39 | 0.32 | 0.41 | |
| Interest | 0.71 | 0.84 | 0.95 | 1.30 | 1.00 | 0.85 | 1.04 |
| Depreciation | 0.30 | 0.32 | 0.44 | 0.39 | 1.84 | 2.67 | 2.87 |
| Profit before tax | 0.20 | 0.55 | 4.36 | 3.26 | 2.60 | 2.40 | 6.03 |
| Tax % | 0.00% | 0.00% | 26.15% | 22.70% | 28.46% | 34.58% | |
| 0.20 | 0.55 | 3.22 | 2.52 | 1.87 | 1.57 | 4.27 | |
| EPS in Rs | 0.53 | 0.95 | 5.55 | 2.65 | 1.45 | 1.21 | 3.18 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 32% |
| TTM: | 108% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 51% |
| 3 Years: | -21% |
| TTM: | 96% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 185% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 7% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 1.88 | 2.88 | 2.88 | 9.52 | 12.94 | 12.94 | 13.39 |
| Reserves | 0.42 | 0.91 | 4.18 | 5.20 | 28.38 | 29.96 | 41.75 |
| 7.87 | 9.82 | 12.10 | 13.31 | 15.23 | 14.92 | 17.18 | |
| 2.24 | 2.28 | 3.41 | 5.99 | 4.54 | 4.09 | 9.66 | |
| Total Liabilities | 12.41 | 15.89 | 22.57 | 34.02 | 61.09 | 61.91 | 81.98 |
| 3.14 | 3.12 | 3.44 | 15.46 | 19.20 | 21.59 | 21.38 | |
| CWIP | 0.00 | 2.19 | 6.14 | 0.41 | 1.83 | 0.53 | 0.43 |
| Investments | 0.06 | 0.10 | 0.17 | 0.00 | 0.00 | 0.06 | 1.72 |
| 9.21 | 10.48 | 12.82 | 18.15 | 40.06 | 39.73 | 58.45 | |
| Total Assets | 12.41 | 15.89 | 22.57 | 34.02 | 61.09 | 61.91 | 81.98 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -0.13 | -0.18 | 3.53 | 2.62 | -18.47 | 9.26 | |
| -0.69 | -2.72 | -4.72 | -6.09 | -8.42 | -8.01 | |
| 0.80 | 2.88 | 1.18 | 3.47 | 26.99 | 1.39 | |
| Net Cash Flow | -0.02 | -0.01 | -0.01 | 0.01 | 0.10 | 2.64 |
| Free Cash Flow | -0.82 | -2.66 | -1.18 | -4.07 | -25.46 | 5.50 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -12% | -11% | 62% | 60% | -357% | 177% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 38.87 | 25.84 | 24.13 | 51.60 | 71.38 | 74.61 |
| Inventory Days | 311.68 | 181.10 | 252.18 | 261.74 | 252.13 | 131.25 |
| Days Payable | 81.83 | 48.01 | 45.35 | 68.84 | 58.45 | 16.25 |
| Cash Conversion Cycle | 268.72 | 158.92 | 230.97 | 244.50 | 265.06 | 189.61 |
| Working Capital Days | 73.89 | 56.61 | 75.70 | 95.43 | 283.74 | 142.51 |
| ROCE % | 11.69% | 32.41% | 19.33% | 8.51% | 5.68% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Metal Powders Capacity Utilisation % |
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| Export Share of Revenue % |
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| Tungsten Heavy Alloys Revenue Share % |
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| Active Customer Count count |
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| Metal Powders Production Capacity tons/month |
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| Number of Countries Exported To count |
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| Order Book INR Crore |
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| Tungsten Heavy Alloys Production Capacity tons/month |
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Extracted by Screener AI
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
- Innomet submitted H1 FY27 earnings call transcript; revenue ₹55.7 crore, PAT ₹4.75 crore, guidance above ₹100 crore.
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Bagging/Receiving of orders/contracts
- Received ₹1.13 crore purchase order from Federal-Mogul Goetze India on November 5, 2026.
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Analysts/Institutional Investor Meet/Con. Call Updates
- Innomet submitted H1 FY27 earnings call video recording held on November 3, 2026.
-
General Updates
- Updated board meeting outcome corrects cash flow heading from Standalone to Consolidated; figures unchanged.
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Investor Presentation
- H1 FY27 revenue rose 137% to ₹55.7 Cr; PAT 136% to ₹4.75 Cr, order book ₹36.7 Cr.
Concalls
-
Nov 2026Transcript PPT REC
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Jun 2026Transcript PPT REC
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Dec 2025Transcript PPT
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Nov 2024PPT
Business Overview:[1]
IAML is a global supplier of ferrous and non-ferrous metal /alloy powders and other customized powders. It also manufactures components through high temperature sintering route where it specializes in production of Tungsten Heavy Alloy Components. (Inno Tung)