INDOBORAXNSEIndo Borax & Chemicals LimitedHighPositive
Announced Thu, 21 May · 14:32 IST

Indo Borax & Chemicals Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2026, recommended Final Dividend of Rs. 10 per equity share.

Corporate Actions View source PDF

INDOBORAX · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+16.4%1-day move
₹275.00
prior close
₹297.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.8+8.6+8.7+8.0+16.4+21.5+21.2+20.0+26.2+25.3+36.7+31.6+56.3
Up moveDown movePending
AI summary

Indo Borax & Chemicals Limited reported strong FY2025-26 results with standalone revenue from operations growing 22.9% to Rs.21,545.11 lakhs from Rs.17,526.11 lakhs in the previous year. Net profit rose 18.8% to Rs.4,973.97 lakhs (vs Rs.4,188.20 lakhs), with EPS improving to Rs.15.50 from Rs.13.05. Consolidated net profit stood at Rs.5,026.98 lakhs. The Board recommended a final dividend of Rs.10 per equity share (1000% on face value of Rs.1) and an additional special dividend of Rs.30 per share (3000%) totaling Rs.40 per share, both subject to shareholder approval at the 45th AGM. The company also appointed M/s. Shah Kapadia & Associates as internal auditor and re-appointed M/s. V.B. Modi & Associates as cost auditor for FY2026-27. Auditors expressed an unmodified opinion. Note: An Emphasis of Matter highlights an inter-corporate deposit of Rs.5.09 crore given to a party under insolvency resolution.

Likely market impact

The company delivered solid double-digit revenue and profit growth. The combined dividend of Rs.40 per share (4000% of face value) represents an exceptionally large payout, indicating strong cash generation and shareholder-friendly approach pending AGM approval.