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NSE:INDORAMA

INDO RAMA SYNTHETICS LTD

Textiles › Textiles & Apparels
₹74.92
at close · 28 Oct 2026
▼ 2.76 (-3.55%)
ThemesArtificial Intelligence· mention

Latest filings

  1. Q2 FY27 earnings call audio recording now available · Investor Communications
  2. Q2 profit jumps 202%; Rs 200 crore specialty fibre expansion planned · Investor Communications
  3. Indo Rama Synthetics schedules Q2 and H1 FY27 earnings call on 26 Oct 2026 · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates in the textile sector under the Other Textile Products classification, producing synthetic textiles. FY26 consolidated total income stood at ₹4,910.06 crore with net profit of ₹150.21 crore and EBITDA margin of 6.69%. The cost structure is dominated by raw materials at 72% of revenue, consistent with an input-cost-heavy manufacturing model, while employee cost is 2.6% and other operating expenses are 14.4% of revenue. Two wholly-owned subsidiaries, Indorama Sustainable Polymers and Indorama Sustainable Polyester Yarns, are yet to commence operations. In Q1 FY27, consolidated revenue fell 28% year-on-year to ₹940.20 crore on West Asia geopolitical issues hitting volumes, although EBITDA margin expanded to 11.49% from 7.66% and profit after tax grew to ₹63.74 crore. The promoter group, led by Indorama Netherlands B.V. at 38.56%, holds 74.84% of share capital. The Board did not declare any dividend for FY25-26.

Operating scale
FY26 consolidated total income
₹4,910.06 croreFY26
Q1 FY27 consolidated revenue (YoY change)
₹940.20 crore, down 28% YoYQ1 FY27
Q1 FY27 EBITDA margin
11.49% (up from 7.66%)Q1 FY27
Raw material share of revenue
72%FY26
Promoter group holding
74.84% (Indorama Netherlands B.V. 38.56%)FY26
Wholly-owned subsidiaries yet to commence
Indorama Sustainable Polymers; Indorama Sustainable Polyester YarnsFY26
Who pays it
Not specified in facts; Q1 FY27 commentary cites West Asia volume impact, indicating exposure to overseas markets.
Biggest cost
Raw materials at 72% of revenue (FY26).
Kind of business
Materials-intensive, cyclical synthetic textiles manufacturer; capex spend at 0.5% of revenue in FY26.
Where it sits
NSE/BSE-listed textiles company classified under Other Textile Products; promoter-controlled with 74.84% concentrated holding.
Market Cap
₹1,956 Cr
P / E (TTM)
12.1×
EV / EBITDA
9.0×
Div Yield
—
Growth
19.2%▲
Revenue 5y CAGR
PAT +5.8% · EBITDA +26.1%
Quality
20.3%▲
ROCE (5y median)
ROE 0.4% (5y median) · margin 6.7%
Leverage
2.18·
Debt / Equity · high
Net debt ₹1,115 Cr
Revenue FY21→FY26
2.4×▲
Margin −2.5 pts
₹2,043 Cr → ₹4,910 Cr
Cash conversion
0.77×·
Operating cash ÷ profit · 5 yrs
₹148 Cr on ₹193 Cr
Moves on a normal day
2.05%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 229 Other Textile Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#69/179
P/B#161/185
ROCE#27/215
ROE#6/188
Debt / Equity#176/188
EBITDA margin#88/198
Revenue growth#168/192
Profit growth#101/203

Scorecard

Measured from the filed financials, judged against its Other Textile Products peers · as of FY26 — not investment advice

Strengths
Revenue compounding 19% a year over 5 years
Returns on capital 20.3% (5-year median)
#27 of 215 in Other Textile Products on the latest reported figures · up from 11.4% in FY21
Negative working-capital cycle — the business is funded by its suppliers
Concerns
Carries more debt than its peers — 2.18× equity
higher than 94% of its 188 Other Textile Products peers

Charts

How has the market priced it — with filings on the timeline?

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Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from INDO RAMA SYNTHETICS LTD's filed financials and exchange disclosures

What does INDO RAMA SYNTHETICS LTD do?

INDO RAMA SYNTHETICS LTD is a Textiles & Apparels company listed on NSE and BSE, trading under the symbol INDORAMA.

Is INDO RAMA SYNTHETICS LTD profitable?

Yes. Over the trailing twelve months INDO RAMA SYNTHETICS LTD reported a net profit of ₹161 Cr on revenue of ₹4,541 Cr.

Does INDO RAMA SYNTHETICS LTD pay a dividend?

Not in the latest reported year — INDO RAMA SYNTHETICS LTD's dividend payout for FY26 was nil.

Is INDO RAMA SYNTHETICS LTD debt-free?

No. It reported borrowings of ₹1,132 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹1,115 Cr after cash. Debt stands at 2.18× equity. That is higher than 94% of its 188 Other Textile Products peers.

Is INDO RAMA SYNTHETICS LTD expensive compared with its peers?

On trailing P/E, INDO RAMA SYNTHETICS LTD ranks 69 of 179 in Other Textile Products — cheaper than 61% of them, against an industry median of 16.8×. This is a position, not a valuation judgement.

How much does the INDO RAMA SYNTHETICS LTD share price move in a day?

On a typical session INDO RAMA SYNTHETICS LTD moves 2.05% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track INDO RAMA SYNTHETICS LTD's announcements?

Every NSE and BSE filing by INDO RAMA SYNTHETICS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.