AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 16 Oct - Indo Rama reports Q2FY27 revenue of ₹1,344 crore, PAT ₹74.1 crore, and plans ₹200 crore specialty-fibre capex.
Source: Bse
Indo Rama Synthetics (India) Limited (INDORAMA)
Small CapConsumer stocks · Small cap · NSE
Indo Rama Synthetics (India) Limited operates in Polyester, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 05:57 pm ISTDetails
Quote21 Oct, 05:57 pm IST
Base fundamentals06 Oct 2026 · screener
Official result overlay30 Sept 2026 · nse-xbrl
Latest result16 Oct, 02:55 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
49NeutralSMA20 +26.6% / mo · MACD − · sector -4.6pp vs Nifty 500 (3M)
Stock trend: 61
Sector RS: 31
Sector 3M: -10.2% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
INDORAMAD candles · FIT view+109.6%Latest close ₹83.02 on 2026-10-21
Bar
-9.9%
RSI
43
MACD hist
-2.07
52W pos
65%
2026-10-21O ₹92.19H ₹92.96L ₹83.02C ₹83.02Vol 8.9L sh
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
INDORAMANifty Consumer DurablesNifty 500
- INDORAMA
- +66.6%
- Nifty 500
- -6.5%
- Nifty Consumer Durables
- -11.0%
- Vs Nifty 500
- +73.1 pp
Chart stats
21 Oct 2026- From 52W high
- -26.1%
- 52W range position
- 65%
- ATR (14)
- 8.7%
- Volume vs 20D
- 0.46x
- Avg traded value
- ₹12.9 Cr
- 20D price channel
- ₹83 - ₹112.3
₹112.3
₹29 - ₹112.3
₹7.2
Latest completed session
20-session average
65.9% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE54
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent90
Revenue +9.8% · PAT +196.3% YoY
Technical
Neutral49
Price trend and sector-relative-strength timing.
Valuation
Legacy model+6.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence72
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Sept 2026
Excellent · 90/100Rev +10% YoY · PAT +196% YoY · margin expansion · +43% QoQ · operating leverage
Filed 16 Oct 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1,340.6 Cr | +9.8% | +43.1% |
| EBITDA | ₹111.8 Cr | +64.3% | +10.0% |
| Operating margin | 8.3% | +234 bps | -250 bps |
| PAT | ₹74.1 Cr | +196.3% | +16.2% |
| PAT margin | 5.5% | +348 bps | -128 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 12.07
- P/B
- 4.71
- EV/EBITDA
- 9.67
- Market Cap
- 2547.39Cr
Profitability
- ROE
- 34.40%
- ROCE
- 17.90%
- ROA
- 4.96%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 19.00%
- EPS 5Y
- 4.00%
- Revenue 3Y
- 6.00%
- EPS 3Y
- 10.00%
Balance Sheet
- Debt/Equity
- 2.20
- Interest Coverage
- 2.47×
- Altman Z
- 2.44
- Book Value
- 19.90
Cash Flow
- FCF Yield
- 4.91%
- FCF Positive Y
- 8/5
- OCF
- 134.00 Cr
- EPS TTM
- 8.08
Shareholding
- Promoter Hold
- 74.84%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 78%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 1,341+43.1% vs prev
Net Profit
₹ CrLatest: 74.1+16.2% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 43. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~21.0% over last month) — short-term momentum positive.
- RSI(14) at 43 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 26% off 52W high · 186% 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
93
RS percentile
Stage 2 UptrendEstablished S2
1M return
-22.1%
3M return
+66.6%
6M return
+120.0%
1Y return
+21.0%
RS 1D
-2
RS 20D
-4
Sector rank
#8
Industry rank
#33
Stage evidence
- Price is 50.4% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +17.5%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
30 Jul 2026
S2 age
57 trading sessions
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 150.16-9.15%
RS vs Nifty 500150
Valuation & peers
U-Score 54 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 54 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
FAIR_VALUE
Fundamental score breakdown
U band · FAIR VALUEValuation13/30
Growth9/25
Quality20/20
Balance Sheet2/15
Cash Flow7/10
Piotroski
5/9 (+3)
Penalties
0
Raw sum
54
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
54/100 · legacy band FAIR VALUE
Positive drivers
- FCF yield is supportive at 4.9%.
- Quality contributes 20/20 to the score.
- Cash flow contributes 7/10 to the score.
Main drags
- Balance sheet is weaker at 2/15; verify the latest quarterly trend.
- Growth is weaker at 9/25; verify the latest quarterly trend.
- Valuation is weaker at 13/30; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
12.1
PB
4.7
EV/EBITDA
9.7
ROE
34.4%
ROCE
17.9%
FCF Yield
4.9%
Debt/Equity
2.2
MoS
+6.0%
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
54
Previous: 51 (+3)
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+6.0%
Previous: -4.6%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
48
48
48
48
47
48
47
51
51
51
51
51
Factor attribution
Valuation
13+3
was 10
Modelled fair value
Graham Number
₹60.15
-38.0% MoS
Growth-justified P/E
10.9
Growth-justified Value
₹88.23
+6.0% MoS
PEG
1.89
Comparable companies
Peers
Business-comparable peers in Consumer — 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.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SPORTKING
Small
Sportking India Limited
Textiles
match 65
41
15.3
12.1%
-57%
WATCHLIST
KKCL
Small
Kewal Kiran Clothing Limited
Textiles
match 64
67
19.0
14.7%
+45%
UNDERVALUED
SIYSIL
Small
Siyaram Silk Mills Limited
Textiles
match 63
77
10.3
14.9%
+70%
DEEP VALUE
SANGAMIND
Small
Sangam (India) Limited
Textiles
match 63
45
25.1
8.4%
+33%
WATCHLIST
GANECOS
Small
Ganesha Ecosphere Limited
Textiles
match 63
16
45.8
3.3%
-594%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Indo Rama Synthetics (India) Limited operates in Polyester, within the Consumer 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 Sept 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
72Limited 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 69th percentile of the scored universe and 71st percentile within Consumer. Main check: balance sheet trust is weak at 40/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
4 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
69th percentile
overall median 67 · Consumer: 71st pctile, median 66 · Small: 71st pctile, median 66
Evidence depth
Financial-only
4 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 confidenceWhat 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
Acceptable, but check the weakest sub-score before increasing exposure.
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
89
strong · profit to cash conversion
Balance sheet
40
weak · leverage and solvency
Discipline
76
strong · capital discipline
Results
60
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 74.8%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 6.3%.
- ▸8 years of positive FCF.
Trust risks
- ▸Debt/equity is 2.20.
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Indo Rama Synthetics (India) Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Oct - Publication of Financial Results for the quarter and half year ended September 30, 2026.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 16 Oct - Q2FY27 results: revenue ₹1,344 crore, PAT ₹74.1 crore; plans ₹200 crore specialty fibre capex.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Aug - In respect of holding 40th AGM of the Company, Indo Rama Synthetics (India) Limited, through VC/OAVM.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Jul - Submission of copy of newspaper for publication of un-audited financial results for the quarter ended June 30, 2026.
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Demise 29 May - Mr. Dhanendra Kumar, Independent Director, died on 28 May 2026; ceased Board and committee roles.
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Change in Directorate 29 May - Independent Director Mr. Dhanendra Kumar died on 28 May 2026, ceasing as board and committee member.
Source: Bse
AnnouncementApr 2026
Apr 2026 · Closure of Trading Window 25 Mar - Trading window closed from 1 April 2026 until 48 hours after audited Q4/FY2026 results announcement.
Source: Bse
Annual report
Annual Report 2026 from bse
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
AnnouncementMar 2026
Mar 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 26 May - Submission copy of newspaper in respect of publication Audited Financial Results for the fourth quarter and year ended March 31, 2026.
Source: Bse
Annual report
Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Aug - Newspaper Publication in respect of dispatch of Notice of 40th AGM along with Annual Report 2025-26.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.