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Indo Amines Limited (INDOAMIN)

Small Cap

Industrials stocks · Small cap · NSE

Indo Amines Limited operates in Specialty Chemicals, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹131.29
-3.41 · -2.53%
Market cap ₹1,040 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 11:45 am IST
Details
Quote21 Oct, 11:45 am IST
Base fundamentals06 Oct 2026 · screener
Latest result12 Aug, 05:05 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens

Trend score and candlestick chart

55Neutral

SMA20 +17.0% / mo · MACD −

Stock trend: 61
Sector RS: 46
Sector 3M: -7.1% vs Nifty 500 -5.6%

Latest mapped FPI equity flow was not positive. View sector evidence

Technical chart

INDOAMIND candles · FIT view+15.9%TODAY · PROVISIONAL
Latest price ₹131.29 on 2026-10-21

Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.

Bar
-2.7%
RSI
41
MACD hist
-2.55
52W pos
57%
Visible chart range
Candle interval
2026-10-21O ₹135.00H ₹136.85L ₹130.80C ₹131.29Vol 92,535 shIntraday candle
₹103.84₹120.65₹137.45₹154.25₹171.0652H₹131.292026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

INDOAMINNifty India ManufacturingNifty 500
-11%+5%+21%+38%20 Jul1 Sept19 Oct19 Oct 2026INDOAMIN +11.6%Nifty India Manufactu… -5.8%Nifty 500 -5.6%
INDOAMIN
+11.6%
Nifty 500
-5.6%
Nifty India Manufacturing
-5.8%
Vs Nifty 500
+17.2 pp
Chart stats
19 Oct 2026
From 52W high
-19.8%
₹168
52W range position
61%
₹81.9 - ₹168
ATR (14)
6.8%
₹9.2
Volume vs 20D
0.45x
Latest completed session
Avg traded value
₹11.6 Cr
20-session average
20D price channel
₹124.7 - ₹168
68.1% annualized volatility
Research snapshot

What the evidence says now

Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is consistent.

Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED
65

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Good
65

Revenue +30.2% · PAT +6.9% YoY

Technical
Neutral
55

Price trend and sector-relative-strength timing.

Valuation
Legacy model
+74.0%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
81

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Good · 65/100

Rev +30% YoY · PAT +7% YoY · margin expansion · +18% QoQ

Filed 12 Aug 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹375 Cr+30.2%+17.9%
EBITDA₹53 Cr+71.0%+55.9%
Operating margin14.0%+300 bps+300 bps
PAT₹31 Cr+6.9%+47.6%
PAT margin8.3%-180 bps+167 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
12.80
P/B
2.65
EV/EBITDA
8.09
Market Cap
1040.00Cr

Profitability

ROE
19.70%
ROCE
18.90%
ROA
9.03%
Dividend Y
0.35%

Growth (CAGR)

Revenue 5Y
16.00%
EPS 5Y
13.00%
Revenue 3Y
7.00%
EPS 3Y
20.00%

Balance Sheet

Debt/Equity
0.79
Interest Coverage
6.00×
Altman Z
3.87
Book Value
54.00

Cash Flow

FCF Yield
0.77%
FCF Positive Y
6/5
OCF
79.00 Cr
EPS TTM
11.20

Shareholding

Promoter Hold
58.42%
Promoter Pledge
0.00%
Momentum 52W
86%

Financial History

Updated 20/10/2026

Revenue

₹ Cr
Latest: 1,160+7.5% vs prev
01160Mar 2017: 285Mar 2018: 355Mar 2019: 528Mar 2020: 479Mar 2021: 541Mar 2022: 786Mar 2023: 945Mar 2024: 943Mar 2025: 1,079Mar 2026: 1,160FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: 79.0+41.1% vs prev
079.0Mar 2017: 16.0Mar 2018: 16.0Mar 2019: 25.0Mar 2020: 13.0Mar 2021: 38.0Mar 2022: 23.0Mar 2023: 41.0Mar 2024: 43.0Mar 2025: 56.0Mar 2026: 79.0FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Return on Equity

%
Latest: 20.1+14.0% vs prev
023.5Mar 2017: 23.2%Mar 2018: 19.8%Mar 2019: 20.0%Mar 2020: 9.6%Mar 2021: 23.5%Mar 2022: 12.3%Mar 2023: 18.2%Mar 2024: 16.3%Mar 2025: 17.7%Mar 2026: 20.1%FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Mixed signals

Signals are conflicting — long-term uptrend intact. RSI 41. Wait for confirmation.

  • Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
  • SMA20 rising (~14.1% over last month) — short-term momentum positive.
  • RSI(14) at 41 — falling, no extreme reading.
  • MACD below signal, histogram expanding negatively — bearish momentum building.
  • 22% off 52W high · 60% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

73
RS percentile
Stage 2 UptrendEstablished S2
1M return
+6.4%
3M return
+11.6%
6M return
+18.8%
1Y return
+2.2%
RS 1D
-3
RS 20D
+14
Sector rank
#2
Industry rank
#9
Stage evidence
  • Price is 7.7% above the 30-week proxy.
  • The 50-DMA is above the 30-week proxy and its slope is rising +4.8%.
  • Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
02 Sept 2026
S2 age
32 trading sessions
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 102.37-5.40%
647994109124Sept 25Feb 26Jun 26Oct 26102
RS vs Nifty 500102

Valuation & peers

U-Score 65 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies

65U-SCORE
Financial Turnaround

Fundamental score breakdown

U band · UNDERVALUED
Valuation20/30
Growth16/25
Quality14/20
Balance Sheet7/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
-1
Raw sum
65

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

65/100 · legacy band UNDERVALUED

Positive drivers

  • Piotroski is strong at 8/9.
  • Fair-value margin of safety is positive at 74.0%.
  • Quality contributes 14/20 to the score.

Main drags

  • Penalty bucket subtracts 1 points.
  • Cash flow is weaker at 4/10; verify the latest quarterly trend.
  • Balance sheet is weaker at 7/15; verify the latest quarterly trend.
Sector valuation model

Cyclical valuation: normalized earnings, not just trailing PE

Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.

Cyclical normalized
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
12.8
PB
2.6
EV/EBITDA
8.1
ROE
19.7%
ROCE
18.9%
FCF Yield
0.8%
Debt/Equity
0.8
MoS
+74.0%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
65
Previous: 65
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+74.0%
Previous: +73.3%

Score history

12 stored score snapshots. Latest stored move: +0 points.

21 Oct 2026
v4.3-runtime-valuation
61
61
61
61
61
61
64
65
65
65
65
65

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹116.65
-12.5% MoS
Growth-justified P/E
45.0
Growth-justified Value
₹504
+74.0% MoS
PEG
0.81

Comparable companies

Peers

Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
AMNPLST
Small
Amines & Plasticizers Limited
Specialty Chemicals
match 164
39
22.9
13.2%
-159%
WATCHLIST
CHEMBONDCH
Small
Chembond Chemicals Limited
Specialty Chemicals
match 163
62
14.5
17.7%
+64%
UNDERVALUED
CHEMCON
Small
Chemcon Speciality Chemicals Limited
Specialty Chemicals
match 163
31
27.8
4.7%
-888%
OVERVALUED
DMCC
Small
DMCC SPECIALITY CHEMICALS LIMITED
Specialty Chemicals
match 163
28
19.8
11.5%
-213%
OVERVALUED
VALIANTORG
Small
Valiant Organics Limited
Specialty Chemicals
match 162
23
26.3
3.5%
-1190%
OVERVALUED

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Indo Amines Limited operates in Specialty Chemicals, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score
81Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 93rd percentile of the scored universe and 92nd percentile within Industrials. No major sub-score weakness stands out.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
14 docs text-extracted · 8 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
93rd percentile

overall median 67 · Industrials: 92nd pctile, median 68 · Small: 95th pctile, median 66

Evidence depth
Financial-only

14 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
95
strong · quarterly consistency

Trust positives

  • ▸Promoter holding is 58.4%.
  • ▸Promoter pledge is zero.
  • ▸FCF yield is positive at 0.9%.
  • ▸6 years of positive FCF.

Trust risks

  • ▸No major Trust Lite risk flags.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

12 shown
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Sep - Please find attached herewith Newspaper publication Clippings related to 33rd Annual General Meeting of the Company.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Sep - Please find attached herewith copy of Newspaper Publication regarding 33rd AGM of the Company.

Source: Bse

Open source ↗
AnnouncementAug 2026

Aug 2026 · Announcement Under Regulation 20 (LODR) - Update 17 Aug - Gas leakage at Mahad plant killed two and temporarily suspended operations from August 15, 2026.

Source: Bse

Open source ↗
AnnouncementJul 2026

Jul 2026 · Announcement Under Regulation 30 (LODR) 1d - GPCB ordered closure of Vadodara plant from 15 days after 21 July 2026 due to non-compliances.

Source: Bse

Open source ↗
AnnouncementJul 2026

Jul 2026 · Announcement under Regulation 30 (LODR)-Change in Management 11 Jul - Rahul Chitnis appointed additional independent director for one year from 15 July 2026, subject to shareholder approval.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Jul - Newspaper Publication regarding transfer of dividend and shares to IEPF for the FY2018-2019.

Source: Bse

Open source ↗
AnnouncementJun 2026

Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Aug - Newspaper publication related to Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2026.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Jun - Please find attached herewith Newspaper publication intimation.

Source: Bse

Open source ↗
Announcement

Announcement Under Reg 30 (LODR)-Grant Of Stock Option 26 May - Indo Amines approved FY26 audited results, 10% final dividend, director reappointment, and 5.6 lakh ESOP options.

Source: Bse

Open source ↗
Announcement

Corporate Action-Board approves Dividend 26 May

Source: Bse

Open source ↗
AnnouncementApr 2026

Apr 2026 · Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Apr

Source: Bse

Open source ↗
AnnouncementApr 2026

Apr 2026 · Announcement under Regulation 30 (LODR)-Change in Directorate 17 Apr - Mr. Vijay Yeshwant Sane resigned as Independent Director effective 16 April 2026.

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.