Indo-MIM
- P/E
- 106.91
Key Fundamentals
MidcapIndustrial ProductsCapital GoodsPrice-based figures as of · TTM
- ROCE
- 25.00%
- Debt to Equity
- 0.49
- EPS (TTM)
- ₹11.60
- Book Value
- ₹67.15
- Market Cap
- —
- P/E (TTM)
- 106.91
- P/B
- 18.47
- ROE
- 23.40%
- Dividend Yield
- 0.55%
- EBITDA
- ₹1,199 Cr
- 52W High
- ₹1,374.40
- 52W Low
- ₹700.00
- Day Range
- ₹1,174.50 – ₹1,248.00
- Volume
- 10,50,895
Peer Comparison
Industrials › Industrial Manufacturing › Industrial Products
| ₹1,240.10 | 106.91 | ₹59,516 Cr | 18.47 | 0.55% | 23.40% | 25.00% | ₹3,482 Cr | ₹562 Cr | |
| ₹3,999.80 | 98.59 | ₹46,234 Cr | 14.53 | 0.04% | 25.40% | 28.60% | ₹4,883 Cr | ₹477 Cr | |
| ₹1,512.60 | 79.19 | ₹28,543 Cr | 9.59 | 0.10% | 14.00% | 16.80% | ₹5,464 Cr | ₹401 Cr | |
| ₹29,810.00 | 47.82 | ₹25,976 Cr | 5.65 | 0.38% | 12.60% | 17.00% | ₹4,703 Cr | ₹552 Cr | |
| ₹1,034.95 | 73.19 | ₹22,990 Cr | 11.01 | 0.00% | 18.20% | 21.30% | ₹2,191 Cr | ₹323 Cr | |
| ₹3,330.00 | 64.57 | ₹21,957 Cr | 4.71 | 0.00% | 8.69% | 12.70% | ₹3,899 Cr | ₹345 Cr | |
| ₹17,358.00 | 106.09 | ₹18,108 Cr | 6.10 | 0.21% | 4.05% | 5.58% | ₹3,374 Cr | ₹176 Cr | |
| Median 7 companies | ₹3,330.00 | 79.19 | ₹25,976 Cr | 9.59 | 0.10% | 14.00% | 17.00% | ₹3,899 Cr | ₹401 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Key Insights
Strengths
1- Company has been maintaining a healthy dividend payout of 60.1%
No weaknesses listed
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bullish | 3 | 8 | 8 |
| Oscillators | Bearish | 3 | 4 | 2 |
| Moving Averages | Strong Bullish | 0 | 4 | 6 |
Oscillators
Bearish
Overall
Bullish
Moving Averages
Strong Bullish
Key readings
- RSI (14)
- 60.75
- Neutral
- MACD (12,26,9)
- 13.75
- Bullish
- SMA (50)
- 1,108.48
- Bullish
- SMA (200)
- —
- Neutral
As of
Analyst Rating
2 of 3 analysts rate Buy, 0 Hold, 1 Sell.
As of
Growth Rate
From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.
Revenue
| 5Y | +16.25% |
|---|---|
| 3Y | +15.06% |
| 1Y | +25.92% |
Net profit
| 5Y | −0.70% |
|---|---|
| 3Y | +4.27% |
| 1Y | +25.94% |
Operating cash flow
| 5Y | +12.37% |
|---|---|
| 3Y | +18.88% |
| 1Y | +112.85% |
Operating margin· change in pp
| 5Y | −17.70 pp |
|---|---|
| 3Y | −4.03 pp |
| 1Y | −2.48 pp |
Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.
Revenue by year
| Mar 2021 | ₹1,975 Cr |
|---|---|
| Mar 2022 | ₹2,503 Cr |
| Mar 2023 | ₹2,753 Cr |
| Mar 2024 | ₹2,888 Cr |
| Mar 2025 | ₹3,330 Cr |
| Mar 2026 | ₹4,193 Cr |
Net profit by year
| Mar 2021 | ₹553 Cr |
|---|---|
| Mar 2022 | ₹598 Cr |
| Mar 2023 | ₹471 Cr |
| Mar 2024 | ₹352 Cr |
| Mar 2025 | ₹424 Cr |
| Mar 2026 | ₹534 Cr |
Analyst Forecasts
AI Analysis — Bull vs Bear
Indo-MIM Ltd trades at ₹1,203.8 as of 2026-11-03 with a market cap of ₹58,947 crore, commanding a PE of 103.78x and a price-to-book of 17.93x. The company has delivered 26% TTM sales growth and 20% TTM profit growth while maintaining an ROE of 18.92% and ROCE of 24.24%, though its 5-year compounded profit growth stands at just 1%.
- Strong TTM revenue momentum with compounded sales growth of 26%, well above the 3-year CAGR of 15%, indicating accelerating top-line expansion
- TTM profit growth of 20% marks a sharp recovery from the subdued 5-year compounded profit growth of 1%, suggesting improved operating leverage or margin expansion
- ROCE of 24.24% reflects efficient capital deployment, comfortably above typical cost-of-capital benchmarks for industrial companies
- ROE has been consistently robust, averaging 21% over 3 years, 25% over 5 years, and 23% last year, demonstrating sustained shareholder value creation
- Healthy dividend payout ratio of 60.1% signals management confidence in cash-flow sustainability and commitment to returning capital to shareholders
- Debt-to-equity ratio of 0.49x indicates a conservatively leveraged balance sheet, providing financial flexibility for future capacity expansion
- Stock is up approximately 72% from its 52-week low of ₹700, reflecting strong market re-rating and investor interest over the trailing year
- 3-year compounded sales CAGR of 15% and 5-year CAGR of 16% point to a durable, double-digit revenue growth trajectory over medium-term horizons
- Price-to-book of 17.93x implies the market is pricing in significant future growth; any operational miss could trigger sharp de-rating
- 5-year compounded profit growth of just 1% shows that the recent 20% TTM profit surge lacks a sustained multi-year track record
- Stock trades approximately 12.4% below its 52-week high of ₹1,374.4, indicating possible near-term resistance and fading momentum
- Dividend yield of 0.56% is modest in absolute terms despite the high payout ratio, reflecting the stretched valuation rather than income attractiveness
- Wide gap between 5-year sales CAGR of 16% and 5-year profit CAGR of 1% suggests margins were under significant pressure for extended periods, raising questions about earnings quality
- At a market cap of ₹58,947 crore and EPS of ₹11.6, the stock needs substantial and sustained earnings acceleration to justify current multiples
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
TL;DR: Indo-MIM is taking concrete steps toward international expansion with a ₹45 crore Vietnam subsidiary, which could strengthen its manufacturing cost structure and global reach. Governance stability is reinforced by five-year re-appointments of independent directors. No material headwinds emerged in the period. The near-term outlook hinges on execution of the Vietnam expansion and benefits from its newly listed status.
- Vietnam subsidiary approved, ₹45Cr Oct 14
Board approved a ₹45 crore investment to set up a wholly owned subsidiary in Vietnam, signaling international expansion into a cost-competitive manufacturing base.
- Three independent directors re-appointed Oct 14
Three independent directors were re-appointed for five-year terms, ensuring governance continuity and board stability.
- CIN and listing status updated Oct 6
Indo-MIM updated its Corporate Identification Number and changed its MCA listing status to 'Yes' following its stock exchange listing.
Quarterly Results
₹ Cr| Particulars | Jun 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Sales | 1,114 | 1,048 | 1,219 |
| Expenses | 787 | 847 | 812 |
| Operating Profit | 327 | 201 | 407 |
| OPM % | 29% | 19% | 33% |
| Other Income | 13 | 85 | 3 |
| Interest | 46 | 47 | 27 |
| Depreciation | 49 | 53 | 58 |
| PBT | 245 | 185 | 325 |
| Tax % | 26% | 25% | 26% |
| Net Profit | 182 | 139 | 240 |
| EPS (₹) | 3.78 | 2.87 | 4.96 |
Profit & Loss
₹ Cr| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 1,975 | 2,503 | 2,753 | 2,888 | 3,330 | 4,193 |
| Expenses | 1,121 | 1,585 | 1,939 | 2,131 | 2,397 | 3,122 |
| Operating Profit | 854 | 918 | 814 | 757 | 933 | 1,071 |
| OPM % | 43% | 37% | 30% | 26% | 28% | 26% |
| Other Income | 21 | 14 | 25 | 33 | −57 | 50 |
| Interest | 50 | 40 | 60 | 96 | 96 | 167 |
| Depreciation | 105 | 123 | 150 | 171 | 199 | 220 |
| PBT | 718 | 769 | 629 | 521 | 581 | 734 |
| Tax % | 23% | 22% | 25% | 33% | 27% | 27% |
| Net Profit | 553 | 598 | 471 | 352 | 424 | 534 |
| EPS (₹) | 57.59 | 62.29 | 49.1 | 7.29 | 8.79 | 11.02 |
| Div. Payout % | 67% | 43% | 8% | 51% | 67% | 62% |
Balance Sheet
₹ Cr| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity Capital | 48 | 48 | 48 | 48 | 48 | 48 |
| Reserves | 1,258 | 1,612 | 1,962 | 2,038 | 2,151 | 2,771 |
| Borrowings | 588 | 670 | 804 | 1,257 | 1,433 | 1,368 |
| Other Liabilities | 311 | 334 | 504 | 519 | 508 | 710 |
| Total Liabilities | 2,205 | 2,664 | 3,318 | 3,862 | 4,141 | 4,897 |
| Fixed Assets | 975 | 1,164 | 1,263 | 1,774 | 1,748 | 2,172 |
| CWIP | 20 | 53 | 388 | 176 | 209 | 181 |
| Investments | 0 | 0 | 0 | 10 | 13 | 10 |
| Other Assets | 1,210 | 1,447 | 1,667 | 1,901 | 2,171 | 2,535 |
| Total Assets | 2,205 | 2,664 | 3,318 | 3,862 | 4,141 | 4,897 |
Cash Flow
₹ Cr| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating | 601 | 502 | 641 | 456 | 506 | 1,077 |
| Investing | −247 | −299 | −464 | −478 | −327 | −506 |
| Financing | −294 | −177 | −57 | −86 | −238 | −356 |
| Net Cash Flow | 60 | 27 | 120 | −108 | −58 | 215 |
| Free Cash Flow | 346 | 202 | 175 | 77 | 133 | 662 |
| CFO/OP | 89 | 78 | 97 | 82 | 74 | 122 |
Ratios
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor Days | 67 | 58 | 59 | 57 | 71 | 66 |
| Inventory Days | 733 | 584 | 537 | 623 | 687 | 373 |
| Days Payable | 287 | 225 | 193 | 182 | 171 | 83 |
| Cash Conversion Cycle | 514 | 417 | 402 | 498 | 586 | 356 |
| Working Capital Days | 39 | 57 | 65 | 7 | 78 | 71 |
| ROCE % | — | 38% | 27% | 20% | 22% | 25% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Indo-MIM insights
56 extracted metrics across FY21–FY27.
Documents
- 7 Apr 2026
- 16 Sep 2025
- 31 Mar 2025
- General announcements 6 Oct 2026
- General announcements 6 Oct 2026
Frequently Asked Questions about Indo-MIM
What does Indo-MIM Ltd do?
Where is Indo-MIM Ltd (INDOMIM) listed?
Which sector does Indo-MIM Ltd belong to?
What is the PE ratio of Indo-MIM Ltd?
What is the 52-week high and low of Indo-MIM Ltd?
Does Indo-MIM Ltd pay dividends?
What is the Return on Equity (ROE) of Indo-MIM Ltd?
Company Information
Incorporated in 1996, Indo-MIM Ltd manufactures precision engineering components using metal injection molding (MIM) technology.
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