INDORAMA · Indo Rama Synthetics (India) Ltd · Chemicals - Plastics & Rubber
INDORAMA · Indo Rama Synthetics (India) Ltd · Chemicals - Plastics & Rubber
As of 05 Nov close
52-week range
29.8% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹937 Cr
Revenue YoY
PAT YoY
+20.8%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
4.1
P/S (TTM)
0.5
Sector P/E
Not available from data source
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| INDORAMA (this stock) | 7.2 | 4.1 | +3.5% | +31.1% | 2.2 | 0.0% |
| Gujarat Fluorochemicals | 77.4 | 5.8 | +11.5% | +7.7% | 13.64 | +0.1% |
| DCM Shriram | 11 | 2.1 | +9.8% | +18.6% | 0.38 | +1.1% |
| Supreme Petrochem | 27.7 | 6.3 | +8.5% | +20.4% | 0.06 | +1.3% |
Promoter
stable
FII
falling 1q
MF
2.15% (0.00pp)
stable
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 09 Sept 2026 | URMILA LOHIA | BUY | 1,97,659 | ₹1.53 Cr |
| 08 Sept 2026 | URMILA LOHIA | BUY | 2,17,137 | ₹1.61 Cr |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- loweconomictimes.indiatimes.com· 16 Oct 2026, 06:47 amStocks in news: RIL, Wipro, Jio Financial, Tata Communications, YES Bank, PNB
Concalls & investor presentations
AI-generatedKey takeaway: Indo Rama Synthetics (India) Limited's Q2 and H1 FY2027 investor presentation outlines the company's financial performance, operational highlights, and strategic initiatives. The presentation highlights a significant improvement in earnings, with total income rising to Rs. 1,344 crore in Q2 FY27 compared to Rs. 1,222.4 crore in H1 FY26, driven by higher profitability and improved product mix. EBITDA increased to Rs. 117.7 crore in Q2 FY27, reflecting operational efficiency and cost discipline. The company reported a PAT of Rs. 74.1 crore in Q2 FY27, up from Rs. 24.6 crore in the same period last year. Financial metrics show improved cash generation, with cash flow rising to Rs. 325.8 crore in Q2 FY27. The company has expanded its manufacturing capacity, including a 2.28 lakh TPA PET resin line and enhanced DTY capacity. Strategic initiatives include a planned Rs. 200 crore expansion for specialty filament and fiber production at Butibori, expected to contribute benefits in FY27-28. The presentation also details the company's strong balance sheet, with total assets reaching Rs. 3,244.1 crore as of FY26, and a debt-equity ratio of 1.31x in H1 FY27. The company emphasizes its integrated operations, global technology partnerships, and focus on sustainability and ESG practices. The board of directors and core team are highlighted, along with the company's corporate structure and strategic relevance within the Indorama Ventures group. The presentation concludes with a thank you note from the company secretary.
The presentation highlights significant improvements in financial performance, operational efficiency, and strategic expansion plans, indicating a positive outlook.
Sourced from an exchange-filed presentation, dated 23 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedIndo Rama Synthetics (India) Limited reported a significant improvement in financial performance for FY2026, with total income growing and Profit After Tax (PAT) increasing substantially compared to the previous year. The company highlighted a more supportive regulatory environment, including the withdrawal of Quality Control Orders on polyester products, which eased supply chain constraints. Strategic initiatives focused on expanding capacity, deepening market presence, and leveraging advanced technologies to enhance sustainability and operational efficiency. The company also emphasized its commitment to quality, environmental stewardship, and occupational health and safety through adherence to global standards.
- The company achieved a significant financial turnaround with improved income and PAT figures compared to the previous fiscal year.
- Strategic priorities include expanding capacity, deepening market presence, and leveraging advanced technologies for sustainability and efficiency.
- Commitment to quality, environmental stewardship, and occupational health and safety through adherence to global standards like ISO 9001 and ISO 14001.
- Withdrawal of Quality Control Orders on polyester products has eased supply chain constraints and improved access to raw materials.
Key takeaway: Indo Rama Synthetics (India) Limited is focusing on strategic expansion, technological advancement, and sustainability to enhance its market position and operational efficiency amid a dynamic regulatory and competitive landscape.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (2 items); Regulatory Action (1 item); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
2 occurrencesRecent (last 12 months)
The statutory auditors, M/s Walker Chandiok & Co LLP, resigned on 13th May 2025 on commercial feasibility grounds required for rendering statutory audit.
Earlier (1-3 years ago)
The auditors resigned on May 13, 2025, citing commercial feasibility grounds for rendering statutory audit.
Regulatory Action
1 occurrenceEarlier (1-3 years ago)
The company was fined ₹1,99,240 by stock exchanges for non-compliance with Regulation 18(1) of SEBI (LODR) Regulations, 2015 due to delay in constituting the Audit Committee.
Default / Covenant Breach
1 occurrenceEarlier (1-3 years ago)
A proceeding is pending under the Insolvency and Bankruptcy Code, 2016 against Indorama Ventures Yarns Private Limited, a wholly owned subsidiary, in NCLT, Mumbai, which is being contested by the company.
Routine disclosures
Internal Control Weakness
1 occurrenceRecent (last 12 months)
The excerpt mentions discussions about significant or material weaknesses in internal financial controls and the adequacy of operating effectiveness of controls during meetings between auditors and the TCWG.
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has disclosed contingent liabilities related to various litigations involving income tax, excise duty, service tax, customs duty, goods and services tax, and other regulatory matters, as noted in the standalone financial statements.
Earlier (1-3 years ago)
The audit report mentions provisions and contingent liabilities related to litigations, as detailed in notes 20 and 35 of the standalone financial statements.
Related-Party Transaction
1 occurrenceRecent (last 12 months)
The company provided unsecured long-term loans of ₹78.25 crore to Indorama Yarns Private Limited and ₹49.60 crore to Indorama Ventures Yarns Private Limited as of 31st March 2026.
Statutory dues in dispute
1 occurrenceRecent (last 12 months)
The company has statutory dues pending for several years, with disputes in various forums, including Income Tax, Service Tax, and Goods and Service Tax, as of March 31, 2026.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
Hemant Balkrishna Bal, a Whole-time Director, resigned effective May 31, 2024.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
2.46% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).