Indo Rama Synthetics (India) share price & results
- Sept 2026
- Sept 2026
India's largest dedicated polyester producer, making PSF, POY, DTY, FDY, chips and PET resin.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,341 | +9.8% YoY | Quarterly, as filed | Quarter to Sept 2026 | Revenue from operations as filed. |
| Operating margin | 8.0 | +2.0 pts YoY | Operating profit / revenue | Quarter to Sept 2026 | For the quarter; a change is in percentage points. |
| Net profit | 74.0 | +196.0% YoY | Quarterly, as filed | Quarter to Sept 2026 | Profit after tax as filed. |
| Return on equity | 32.57 | +34.0 pts | Trailing twelve months | TTM to Sept 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 2.26 | −6.0 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | -4.68 | +5.3 pts | Trailing twelve months | TTM to Sept 2026 | Revenue change against the same period one year earlier. |
Price
Performance +14.9% 1Y
1Y: ₹66.99 on 24 Oct 2025 → ₹76.96. High ₹106.55 (21 Sept 2026), low ₹30.09 (30 Mar 2026).
- Previous close
- ₹74.41
- Market cap
- ₹1.9k Cr
- 52-week range
- ₹30.09 – ₹106.55
- One year
- +15.56%
- Price to earnings (TTM to Sept 2026)
- 9.08×
- Return on equity (TTM to Sept 2026)
- 32.57%
Overview
- Symbol
- NSE:INDORAMA
- Sector
- Textiles
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What Indo Rama Synthetics (India) Limited does
Based on the company's own presentations, annual report and earnings calls.
Indo Rama Synthetics (India) Limited manufactures polyester products - Polyester Staple Fibre (PSF), Partially Oriented Yarn (POY), Draw Texturised Yarn (DTY), Fully Drawn Yarn (FDY), Polyester Chips and Bottle Grade PET Resin - at an integrated facility in Butibori near Nagpur, Maharashtra, built with technology from Japanese, German and US partners. It sources purified terephthalic acid (PTA) and monoethylene glycol (MEG), both petrochemical derivatives, as primary raw materials and sells output for use in apparel and sportswear, home furnishing and textiles, hygiene and non-woven applications, automotive components, and bottles for water and beverages. The company also operates a captive power generation unit that supports its manufacturing operations. It is part of the globally present Indo Rama Group.
- Cumulative production capacity (Butibori plant)
- 6,72,000 TPA
- Countries served across five continents
- 34
- Employees on company payroll
- 1,336
- Installed PSF capacity
- 2,31,000 TPA
- Installed Polyester Chips capacity
- 2,52,000 TPA
- Installed Polyester Filament Yarn (PFY) capacity
- 1,89,000 TPA
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +196% (quarter to sept 2026 against sept 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,166 | 1,198 | 1,306 | 1,221 | 1,182 | 1,202 | 937 | 1,341 |
| Expenses | 1,102 | 1,116 | 1,215 | 1,152 | 1,132 | 1,099 | 835 | 1,229 |
| Operating profit | 63 | 82 | 91 | 68 | 50 | 102 | 102 | 112 |
| Operating margin | 5.0% | 7.0% | 7.0% | 6.0% | 4.3% | 9.0% | 11.0% | 8.0% |
| Other income | 2 | 23 | 3 | 2 | 6 | 5 | 4 | 3 |
| Interest | 40 | 42 | 29 | 34 | 36 | 32 | 29 | 29 |
| Depreciation | 13 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Profit before tax | 14 | 51 | 53 | 25 | 9 | 64 | 64 | 74 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net profit | 14 | 51 | 53 | 25 | 9 | 64 | 64 | 74 |
| EPS (₹ per share) | 0.52 | 1.96 | 2.02 | 0.94 | 0.34 | 2.46 | 2.44 | 2.84 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 4,086 | 3,873 | 4,259 | 4,911 |
| Expenses | 4,044 | 3,914 | 4,081 | 4,598 |
| Operating profit | 42 | -39 | 177 | 311 |
| Other income | 25 | 7 | 29 | 16 |
| Interest | 59 | 133 | 158 | 131 |
| Depreciation | 32 | 39 | 49 | 48 |
| Profit before tax | -25 | -203 | 2 | 151 |
| Net profit | -24 | -203 | 2 | 151 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 | Sept 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 261 | 261 | 261 | 261 | 261 | 261 |
| Reserves | 312 | 107 | 107 | 184 | 258 | 396 |
| Borrowings | 890 | 1,339 | 1,136 | 1,087 | 1,140 | 861 |
| Other liabilities | 1,250 | 1,199 | 1,431 | 1,439 | 1,585 | 1,614 |
| Total liabilities | 2,713 | 2,907 | 2,936 | 2,971 | 3,244 | 3,132 |
| Fixed assets | 783 | 1,217 | 1,264 | 1,247 | 1,232 | 1,221 |
| Capital work in progress | 324 | 105 | 36 | 38 | 42 | 38 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 1,605 | 1,584 | 1,636 | 1,685 | 1,970 | 1,873 |
| Total assets | 2,713 | 2,907 | 2,936 | 2,971 | 3,244 | 3,132 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 182 | 200 | -81 | -97 | 391 | 134 |
| Cash from investing | -18 | -75 | -348 | -258 | -36 | -14 |
| Cash from financing | -174 | -123 | 479 | 322 | -354 | -127 |
| Net cash flow | -9 | 2 | 50 | -32 | 1 | -7 |
| Free cash flow | 156 | 120 | -441 | -357 | 352 | 111 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 19 | 17 | 14 | 16 | 14 | 18 |
| Inventory days | 102 | 67 | 73 | 67 | 65 | 65 |
| Days payable | 221 | 126 | 125 | 120 | 142 | 141 |
| Cash conversion cycle | -100 | -43 | -38 | -38 | -63 | -58 |
| Working capital days | -62 | -22 | -25 | -81 | -73 | -42 |
| Return on capital employed | 11.0% | 33.0% | 3.0% | −4.0% | 10.0% | 18.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 75.00% as of Sept 2026; institutions cut 0.14 pts since Jun 2026.
- Promoters 75.00%
- Foreign institutions 0.11%
- Domestic institutions 0.80%
- Government 0.00%
- Public 24.09%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- +0.16 pp 20.92% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Indo Rama Synthetics (India) Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 38.56% | unchanged | |
| 20.92% | +0.16 pp | |
| 14.73% | unchanged | |
| 6.59% | unchanged | |
| 4.89% | unchanged | |
| 1.31% | unchanged | |
| 0.44% | unchanged | |
| 0.12% | unchanged | |
| 0.10% | unchanged | |
| 0.09% | unchanged | |
| 0.04% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
Start an Inve Case for Indo Rama Synthetics (India) Limited
Free account: one company. Everything above stays public.
Write why you follow Indo Rama Synthetics (India) Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other Textiles companies
Learn to analyse Indo Rama Synthetics (India) Limited
Guides on how to read this kind of business and the numbers that matter.