Indo Amines Limited (INDOAMIN) AI Stock Analysis

• Market Cap: ₹9.88B
• Dividend Yield: 0.37%
• Average Volume (3M): 13.15K
• Price to Earnings (P/E): 103.9
• Beta (1Y): 1.81
• Revenue Growth: 14.11%
• EPS Growth: 30.36%
• Country: IN
• Employees: 557
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Chemicals
• EPS (TTM): 3.97
• Shares Outstanding: 72,587,560
• 10 Day Avg. Volume: 9,883
• 30 Day Avg. Volume: 13,149
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹160.00
• Price Target Upside: 7.93% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: ₹160.00 ▲(7.93% Upside)

Indo Amines Limited's overall stock score is driven by strong financial performance, particularly in revenue growth and profitability. However, technical indicators suggest bearish momentum, and cash flow management issues are a concern. The valuation is fair, but the low dividend yield may not appeal to all investors.

Indo Amines Limited Business Overview & Revenue Model

Company Description

Indo Amines Limited (INDOAMIN) is a leading manufacturer and supplier of fine chemicals, specialty chemicals, and performance chemicals. The company operates primarily in the chemical industry, focusing on producing a diverse range of amines and related chemicals. Their products serve various sectors including pharmaceuticals, agrochemicals, rubber chemicals, and water treatment chemicals, providing essential ingredients for industrial applications.

How the Company Makes Money

Indo Amines Limited generates revenue through the production and sale of specialty chemicals and amines. The company's key revenue streams include sales to industries such as pharmaceuticals, agrochemicals, and water treatment, where their products are used as raw materials and intermediates. Indo Amines benefits from its extensive product portfolio and strong customer relationships, which help maintain a steady demand for its products. The company also engages in strategic partnerships with other chemical manufacturers and distributors to expand its market reach. Additionally, Indo Amines invests in research and development to innovate and improve its product offerings, thus enhancing its competitive edge and supporting its revenue growth.

Indo Amines Limited Financial Statement Overview

Summary

Indo Amines Limited demonstrates strong revenue growth and profitability improvements, with efficient cost management. The balance sheet is stable with moderate leverage, though there is room for better equity utilization. Cash flow management needs attention due to negative free cash flow.

Income Statement

Indo Amines Limited demonstrates robust revenue growth, with a significant increase from 2024 to 2025. The gross profit margin stands at 25.5%, indicating efficient cost management. The net profit margin improved to 5.2%, reflecting enhanced profitability. However, the EBIT margin of 7.8% suggests room for operational efficiency improvements.

Balance Sheet

The balance sheet shows a healthy equity ratio of 40.7%, reflecting a stable capital structure. The debt-to-equity ratio is 0.9, indicating moderate leverage, which is reasonable for the industry. However, the return on equity at 17.6% suggests room for better utilization of equity.

Cash Flow

The company experienced a decline in free cash flow, with negative free cash flow in 2025. The operating cash flow to net income ratio of 1.25 indicates good cash generation relative to net income. However, the free cash flow to net income ratio is negative, highlighting cash flow management issues.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	10.79B	9.40B	9.41B	7.79B	5.34B
Gross Profit	2.75B	2.20B	2.30B	1.91B	1.52B
EBITDA	1.16B	936.55M	913.41M	604.51M	693.91M
Net Income	558.95M	428.13M	408.75M	230.47M	374.83M
Balance Sheet
Total Assets	7.79B	6.33B	5.97B	5.54B	4.53B
Cash, Cash Equivalents and Short-Term Investments	167.79M	55.89M	60.73M	59.98M	44.88M
Total Debt	2.84B	2.17B	2.32B	2.07B	1.59B
Total Liabilities	4.61B	3.70B	3.71B	3.67B	2.91B
Stockholders Equity	3.17B	2.63B	2.25B	1.87B	1.63B
Cash Flow
Free Cash Flow	-216.82M	391.02M	-109.75M	-242.71M	57.73M
Operating Cash Flow	697.01M	696.71M	203.63M	154.59M	561.79M
Investing Cash Flow	-904.58M	-265.64M	-298.27M	-388.40M	-496.60M
Financing Cash Flow	153.96M	-408.70M	40.26M	319.15M	-11.24M

Indo Amines Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 148.25
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INDOAMIN, the sentiment is Neutral. The current price of 148.25 is below the 20-day moving average (MA) of 148.97, below the 50-day MA of 154.86, and below the 200-day MA of 150.08, indicating a bearish trend. The MACD of -4.66 indicates Positive momentum. The RSI at 49.09 is Neutral, neither overbought nor oversold. The STOCH value of 32.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:INDOAMIN.

Indo Amines Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHREEPUSHK	67 Neutral	₹12.99B	22.02		0.38%	16.35%	55.54%
INDOAMIN	66 Neutral	₹9.88B	103.93		0.37%	14.11%	30.36%
BHAGERIA	64 Neutral	₹7.73B	16.90		0.86%	25.56%	92.57%
HERANBA	58 Neutral	₹14.60B	473.90		0.34%	―	―
BODALCHEM	52 Neutral	₹8.73B	29.89		0.17%	25.12%	182.72%
Sector *	44 Neutral	C$923.76M	-8.68	-0.23%	2.69%	24.53%	-41.45%