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    Indo Amines

    Maharashtra-based manufacturer of Fine, Specialty and Performance Chemicals, Amines & Surfactants, and APIs serving pharma, agrochemical, fertilizer and petrochemical industries

    Chemicals
    Commodities
    ₹143.55
    +17.59% from avg

    Overview

    Price

    ₹143.55

    Market Cap

    ₹917 Cr

    Sector

    Chemicals

    Commodities

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital3335353536363636
    Reserves102127152190228281324356
    Borrowings143159207232217284307311
    Other Liabilities83131160140153177176194
    Total Liabilities362453554597635779843897
    AssetsFixed Assets117125182198209265268325
    CWIP2454222023356531
    Investments00002333
    Other Assets221274350379401476507539
    Total Assets362453554597635779843897

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating2739561520703579
    Cash from Investing-43-36-50-39-30-27-82-71
    Cash from Financing17-3-1324-4142-1
    SummaryCapital Expenditure
    Free Cash Flow-1626-24-1044-487
    FCF Margin

    Valuation

    Assumptions

    Current — INDOAMIN
    Price
    ₹144
    EPS (TTM)
    ₹9.15
    PE (TTM)
    15.7
    Profit growth
    18.8%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (17.6×) and current (15.7×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹144
    vs
    Fair value · 15% return
    ₹155
    8%Undervalued

    At 18.8% growth and a 16× exit, ₹144 only delivers your return if you pay ₹155. The price is currently baking in 17% growth.

    EPS grows 18.8%/yr for 5 years, then fades to 6% over 2, exits at 16×.

    YearGrowthEPS (₹)
    FY2718.8%10.87
    FY2818.8%12.91
    FY2918.8%15.34
    FY3018.8%18.23
    FY3118.8%21.65
    FY3212.4% ·fade24.34
    FY336.0% ·fade25.80

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Indo Amines

    Guides on how to read this kind of business and the numbers that matter.