Indrayani Biotech
Indrayani Biotech
FMCGKey Fundamentals
MicrocapAgricultural ProductsFMCGTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Stock is trading at 1.10 times its book value
Weaknesses
7- Company has low interest coverage ratio.
- Promoter holding is low: 32.9%
- Company has a low return on equity of 1.21% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.4.57 Cr.
- Company has high debtors of 155 days.
- Promoter holding has decreased over last 3 years: -12.0%
Growth Rate
Quarterly Results
| Particulars | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 49.25 | 42.31 | 40.44 | 39.09 | 44.38 | 31.53 | 30.81 | 17.32 | 50.57 | 29.1 | 35.95 | 35.01 | 37.76 |
| Expenses | 46.07 | 39.77 | 33.15 | 35.64 | 34.21 | 25.55 | 25.7 | 14.4 | 56.31 | 26.92 | 33.5 | 32.22 | 35.54 |
| Operating Profit | 3.18 | 2.54 | 7.29 | 3.45 | 10.17 | 5.98 | 5.11 | 2.92 | -5.74 | 2.18 | 2.45 | 2.79 | 2.22 |
| OPM % | 6.46% | 6% | 18.03% | 8.83% | 22.92% | 18.97% | 16.59% | 16.86% | -11.35% | 7.49% | 6.82% | 7.97% | 5.88% |
| Other Income | 2.05 | 0.01 | 0.09 | 0.08 | 1.03 | 0.04 | 0.3 | 0 | 2.78 | 1.06 | 1.8 | 0.83 | 0.88 |
| Interest | 2.23 | 2.03 | 0.93 | 1.41 | 5.51 | 0.83 | 1.42 | 1.03 | 7.07 | 2.17 | 1.89 | 2.47 | 3.08 |
| Depreciation | 1.15 | 0.9 | 0.91 | 1.03 | 0.96 | 4.25 | 2.79 | 1.46 | -1.72 | 0.86 | 1.3 | 1.01 | 1.13 |
| PBT | 1.85 | -0.38 | 5.54 | 1.09 | 4.73 | 0.94 | 1.2 | 0.43 | -8.31 | 0.21 | 1.06 | 0.14 | -1.11 |
| Tax % | 21.62% | 15.79% | 0% | 0% | 0% | 9.57% | -1.67% | 18.6% | 2.53% | 23.81% | 14.15% | 21.43% | -187.39% |
| Net Profit | 1.44 | -0.45 | 5.54 | 1.08 | 4.73 | 0.85 | 1.22 | 0.35 | -8.53 | 0.16 | 0.91 | 0.12 | 0.98 |
| EPS in Rs | 0.18 | -0.08 | 0.94 | 0.13 | 0.5 | 0.11 | 0.16 | 0.03 | -1.09 | 0.02 | 0.05 | 0.02 | 0.13 |
Profit & Loss
| Particulars | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 39 | 58 | 50 | 21 | 61 | 163 | 165 | 130 | 138 |
| Expenses | 0 | 39 | 57 | 47 | 26 | 54 | 145 | 142 | 124 | 128 |
| Operating Profit | 0 | 1 | 1 | 3 | -5 | 7 | 17 | 24 | 6 | 10 |
| OPM % | -105% | 1.9% | 0.9% | 6% | -24% | 11% | 11% | 14% | 4.9% | 7% |
| Other Income | 0 | 0 | 0 | 0 | -4 | 0 | 4 | 1 | 3 | 5 |
| Interest | 0 | 0 | 0 | 1 | 2 | 2 | 6 | 10 | 12 | 10 |
| Depreciation | 0 | 0 | 0 | 1 | 0 | 1 | 3 | 4 | 3 | 4 |
| PBT | 0 | 0 | 0 | 1 | -11 | 4 | 12 | 11 | -6 | 0 |
| Tax % | 0% | 150% | 300% | 0% | 0% | 0% | 3% | 5% | 6% | -620% |
| Net Profit | 0 | 0 | 0 | 1 | -11 | 4 | 12 | 10 | -6 | 2 |
| EPS in Rs | — | -0.08 | -0.1 | 1.31 | -1.91 | 0.76 | 1.49 | 0.81 | -0.78 | 0.28 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 4 | 4 | 4 | 34 | 34 | 34 | 46 | 46 | 46 |
| Reserves | -6 | 0 | 0 | 27 | -15 | -10 | 12 | 22 | 27 | 27 |
| Borrowings | 0 | 0 | 0 | 14 | 16 | 19 | 79 | 113 | 137 | 128 |
| Other Liabilities | 1 | 6 | 9 | 7 | 5 | 8 | 31 | 54 | 58 | 52 |
| Total Liabilities | 1 | 10 | 12 | 51 | 40 | 51 | 156 | 234 | 268 | 253 |
| Fixed Assets | 1 | 6 | 6 | 17 | 15 | 17 | 57 | 62 | 58 | 60 |
| CWIP | 0 | 0 | 0 | 14 | 14 | 13 | 14 | 20 | 26 | 27 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0 | 4 | 7 | 21 | 11 | 22 | 85 | 151 | 184 | 166 |
| Total Assets | 1 | 10 | 12 | 51 | 40 | 51 | 156 | 234 | 268 | 253 |
Cash Flow
| Particulars | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating | — | 1 | 2 | 6 | 0 | 4 | 16 | -30 | -7 | 32 |
| Investing | — | -3 | 0 | -4 | -1 | -1 | -47 | -16 | 25 | -13 |
| Financing | — | 2 | -1 | -1 | 0 | -3 | 33 | 44 | -18 | -15 |
| Net Cash Flow | — | 0 | 1 | 1 | -1 | 1 | 2 | -2 | 0 | 4 |
| Free Cash Flow | — | -2 | 2 | 2 | 0 | 3 | -25 | -47 | -8 | 23 |
| CFO/OP | — | 122 | 331 | 215 | -5 | 61 | 94 | -128 | -124 | 328 |
Ratios
| Particulars | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 26 | 26 | 52 | 84 | 84 | 67 | 87 | 165 | 155 |
| Inventory Days | 365 | — | — | 57 | 25 | 14 | 44 | 159 | 182 | 147 |
| Days Payable | 365 | — | — | 70 | 77 | 52 | 81 | 141 | 104 | 55 |
| Cash Conversion Cycle | 0 | 26 | 26 | 38 | 32 | 46 | 30 | 106 | 243 | 247 |
| Working Capital Days | -1,883 | -22 | -19 | 30 | -59 | -12 | 6 | 127 | 211 | 163 |
| ROCE % | — | 28% | 12% | — | -13% | 16% | 23% | 14% | 3% | 4% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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61 extracted metrics + investor summaries across FY09–FY26.
Documents
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Company Information
Incorporated in 1992, Indrayani Biotech Ltd is in the business of Foods & Hospitality, Engineering and Healthcare[1]
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