INDTONER
Indian Toners & Developers financials
- Market cap
- ₹260 Cr
Quarterly results
Q1 FY27: revenue down 7.4%, net profit down 22.2% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 38 | 39 | 41 | 39 | 39 +3% | 42 +7% | 46 +12% | 36 −7% |
| EBITDA | 8 | 9 | 9 | 9 | 7 −7% | 9 +0% | 10 +17% | 7 −21% |
| Net profit | 6 | 6 | 7 | 8 | 5 −2% | 6 −1% | 8 +14% | 6 −22% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −82.8% 1Y
1Y: ₹273.45 on 10 Sept 2025 → ₹46.99. High ₹296.75 (29 Jun 2026), low ₹44.77 (3 Sept 2026).
Financials, as filed
Revenue grew 13.3% a year over 5 years, FY21 to FY26. Operating margin widened to 21.0%.
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Revenue | ₹89 Cr | ₹120 Cr | ₹156 Cr | ₹157 Cr | ₹153 Cr | ₹166 Cr |
| Operating profit | ₹15 Cr | ₹25 Cr | ₹34 Cr | ₹33 Cr | ₹33 Cr | ₹35 Cr |
| Operating margin | 17.0% | 20.9% | 22.1% | 21.4% | 21.6% | 21.0% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr |
| Net profit | ₹13 Cr | ₹21 Cr | ₹26 Cr | ₹26 Cr | ₹22 Cr | ₹27 Cr |
| Net margin | 14.9% | 17.2% | 16.9% | 16.7% | 14.7% | 16.4% |
| Cash from operations | ₹19 Cr | ₹14 Cr | ₹21 Cr | ₹24 Cr | ₹26 Cr | ₹36 Cr |
| Free cash flow | ₹19 Cr | ₹5 Cr | ₹-3 Cr | ₹12 Cr | ₹18 Cr | ₹33 Cr |
| ROCE | 8.0% | 14.0% | — | — | — | — |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹148 Cr | ₹154 Cr | ₹177 Cr | ₹199 Cr | ₹205 Cr | ₹222 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹22 Cr | ₹22 Cr | ₹22 Cr | ₹22 Cr | ₹25 Cr | ₹29 Cr |
| Total liabilities | ₹180 Cr | ₹188 Cr | ₹211 Cr | ₹232 Cr | ₹240 Cr | ₹261 Cr |
| Fixed assets | ₹50 Cr | ₹49 Cr | ₹69 Cr | ₹77 Cr | ₹78 Cr | ₹89 Cr |
| Capital work in progress | ₹0 Cr | ₹1 Cr | ₹2 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹74 Cr | ₹65 Cr | ₹64 Cr | ₹70 Cr | ₹72 Cr | ₹102 Cr |
| Other assets | ₹56 Cr | ₹73 Cr | ₹76 Cr | ₹85 Cr | ₹90 Cr | ₹70 Cr |
| Total assets | ₹180 Cr | ₹188 Cr | ₹211 Cr | ₹232 Cr | ₹240 Cr | ₹261 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 3% to 17,345.
- Promoters
- 69.3%
- DIIs
- 0.0%
- Public
- 30.7%
Since Jun 2025
- Promoters 0.00 pp
- DIIs 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Jun '23: Promoters 69.3%, DIIs 0.0%, Public 30.7%.Sep '23: Promoters 69.3%, DIIs 0.0%, Public 30.7%.Dec '23: Promoters 69.3%, DIIs 0.0%, Public 30.7%.Jun '24: Promoters 69.3%, DIIs 0.0%, Public 30.7%.Sep '24: Promoters 69.3%, DIIs 0.0%, Public 30.7%.Dec '24: Promoters 69.3%, DIIs 0.0%, Public 30.7%.Mar '25: Promoters 69.3%, DIIs 0.0%, Public 30.7%.Jun '25: Promoters 69.3%, DIIs 0.0%, Public 30.7%.Sep '25: Promoters 69.3%, DIIs 0.0%, Public 30.7%.Dec '25: Promoters 69.3%, DIIs 0.0%, Public 30.7%.Mar '26: Promoters 69.3%, DIIs 0.0%, Public 30.7%.Jun '26: Promoters 69.3%, DIIs 0.0%, Public 30.7%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Sangeetha S newly disclosed 2.28% 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 Jun 2026 filing
Every holder of Indian Toners & Developers Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Nandita Jain | 23.00% | unchanged |
| Akshat Jain | 17.00% | unchanged |
| Ashima N Mathur | 17.00% | unchanged |
| Sushil Jain Jt. Nandita Jain | 11.00% | unchanged |
| Sangeetha S | 2.28% | newly disclosed |
| Sushil Jain Huf | 1.25% | unchanged |
| Devanshi Jain | 0.00% | 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.
Learn to analyse Indian Toners & Developers Ltd.
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