Indofil Industries ()

1300 +0 (0%) 1Y
Price per Unit 1300
Minimum no. of Units 80
Enter Units
Coupon Code
Get 1% OFF on a minimum share purchase of ₹1,00,000.

Use Code: UNLISTEDKRAFT
Investment Amount 0
Discount 0
Stamp Duty (0.015 %) 0
Final Amount 0
Unlisted shares

Indofil Industries

DRHP Status : Not Filed

1300

Current Price 1300
Market Cap 2927 Cr
ISIN INE071I01016
Face Value 10
P/E Ratio 10.7
EPS 119.31
P/B Ratio 0.7
Book Value 1739.8
Debt to Equity Ratio 0.09
P&L Statement 2021 2022 2023 2024
Revenue 2431 2795 3037 3069
Cost of Material Consumed 1149 1901 1923 1697
Gross Margins 52.74 31.99 36.68 44.71
Change in Inventory 120 -262 18 137
Employee Benefit Expenses 211 219 202 219
Other Expenses 494 580 514 574
EBITDA 457 357 380 442
OPM 18.8 12.77 12.51 14.4
Other Income -120 87 93 108
Finance Cost 65 45 46 39
D&A 112 90 87 89
EBIT 345 267 293 353
EBIT Margins 14.19 9.55 9.65 11.5
PBT 160 308 339 422
PBT Margins 6.58 11.02 11.16 13.75
Tax 93 89 97 90
PAT 67 219 242 332
NPM 2.76 7.84 7.97 10.82
EPS 31.46 102.82 113.62 155.87
Financial Ratios
 2021 2022 2023 2024
Operating Profit Margin 18.8 12.77 12.51 14.4
Net Profit Margin 2.76 7.84 7.97 10.82
Earning Per Share (Diluted) 31.46 102.82 113.62 155.87
Assets 2021 2022 2023 2024
Fixed Assets 640 602 698 687
CWIP 83 119 150 138
Investments 711 899 1464 2333
Trade Receivables 721 785 758 903
Inventory 356 641 689 525
Other Assets 753 798 373.5 571
Total Assets 3264 3844 4132.5 5157
Liabilities 2021 2022 2023 2024
Share Capital 21.3 21.3 21.3 21.3
FV 10 10 10 10
Reserves 1931 2199 2896 3973
Borrowings 654 679 559 363
Trade Payables 373 818 439 477
Other Liabilities 284.7 126.7 217.2 322.7
Total Liabilities 3264 3844 4132.5 5157
documents
documents
documents
documents
documents
documents
documents
documents
Name Holding
K.K.Modi Investment And Financial Services 43.87%
U.P. State Industrial Development Corporation 9.45%
Rajputana Developers Limited 8.89%
APMS Investment Fund Limited (FII) 6.81%
Modi Industries Limited 5.08%
Others 25.9%

Coming soon...

Coming soon...

​Indofil Industries Limited, established over six decades ago, is a prominent player in the agricultural chemicals sector. Headquartered in Mumbai, India, the company operates with a vision to focus on specific opportunities, drive growth, and enhance value for its customers. 

Business Divisions:

  1. Agricultural Chemicals: Indofil offers a comprehensive range of products, including insecticides, fungicides, bactericides, herbicides, acaricides, surfactants, and plant growth regulators. The company is driven by the "Crop Care Concept," aiming to improve the well-being of farmers in India and globally. ​

  2. Specialty & Performance Chemicals: Under the Indofil Innovative Solutions division, the company provides innovative products for industries such as leather, textiles, paints, plastics, and construction chemicals. 

Global Presence:

Indofil has a significant international footprint, exporting to over 120 countries. It is recognized as a leading supplier of Mancozeb formulations, with subsidiary offices in Amsterdam, Brazil, Bangladesh, Shanghai, and the Philippines, among others. The company also maintains representative offices in Costa Rica and Sri Lanka, facilitating its global operations.

Manufacturing and Quality Standards:

The company operates state-of-the-art manufacturing facilities in Dahej, Gujarat, and Thane, Maharashtra. These facilities are ISO 9001, ISO 14001, and OHSAS 18001 certified, ensuring adherence to high-quality and environmental standards. The processes are fully automated, incorporating advanced equipment to maintain safety and efficiency. ​

Leadership:

Indofil's management is led by Chairperson and Managing Director Dr. Bina Modi, who brings extensive experience and a commitment to excellence. The board includes Executive Director Ms. Charu Modi and Non-Executive Director Mr. Samir Kumar Modi, among others, guiding the company's strategic direction

Strengths:

  1. Robust Financial Performance: In the fiscal year 2024, Indofil reported revenues of ₹3,118 crore, achieving a 45% year-over-year growth in Profit After Tax (PAT). ​

  2. Strategic Investments: The company holds substantial investments, including 6,545,020 shares in Godfrey Philips India Ltd., valued at approximately ₹5,389.8 crore as of May 2024. This holding enhances Indofil's intrinsic value per share. 

  3. Industry Growth Potential: The global agrochemical market is projected to grow at a compound annual growth rate (CAGR) of 3.9% between 2024 and 2030, positioning Indofil to benefit from increased demand.

  4. Global Presence: With operations in over 90 countries, Indofil's extensive distribution network positions it to capture a significant share of the expanding global agrochemical market. ​

Weaknesses:

  1. Liquidity Concerns: Unlisted shares inherently have lower liquidity compared to listed counterparts, potentially making it challenging for investors to buy or sell shares promptly. ​

  2. Valuation Discrepancies: Indofil's unlisted shares are trading at a discount compared to their intrinsic value, partly due to internal family disputes affecting investor confidence.

  3. Absence of IPO Plans: The lack of immediate plans for an Initial Public Offering (IPO) limits potential exit strategies for investors, contributing to the current undervaluation of shares. ​

  4. Price Volatility: The unlisted nature of the shares can lead to higher price volatility due to limited trading activity and market speculation.

Scroll Top ↑
unlistedkraft