IOL Chemicals & Pharmaceuticals
- P/E
- 32.07
Key Fundamentals
MicrocapPharmaceuticals & BiotechnologyHealthcarePrice-based figures as of · EPS basis: Standalone · TTM
- ROCE
- 11.30%
- Debt to Equity
- 0.08
- EPS (TTM)
- ₹5.73
- Book Value
- ₹65.60
- Market Cap
- —
- P/E (TTM)
- 32.07
- P/B
- 2.80
- ROE
- 8.42%
- Dividend Yield
- 0.57%
- EBITDA
- ₹290 Cr
- 52W High
- ₹224.00
- 52W Low
- ₹67.19
- Day Range
- ₹169.30 – ₹185.50
- Volume
- 18,51,032
Peer Comparison
Healthcare › Pharmaceuticals
| ₹1,773.40 | 38.81 | ₹4,29,049 Cr | 4.77 | 0.90% | 16.00% | 20.50% | ₹61,631 Cr | ₹10,987 Cr | |
| ₹10,037.50 | 91.10 | ₹2,65,269 Cr | 15.90 | 0.30% | 16.50% | 22.00% | ₹11,230 Cr | ₹2,925 Cr | |
| ₹4,738.50 | 78.61 | ₹1,77,061 Cr | 9.81 | 0.82% | 27.40% | 15.20% | ₹17,400 Cr | ₹2,099 Cr | |
| ₹1,188.10 | 26.44 | ₹1,25,446 Cr | 4.37 | 0.08% | 21.20% | 21.10% | ₹28,592 Cr | ₹4,593 Cr | |
| ₹2,323.80 | 114.81 | ₹1,25,228 Cr | 20.72 | 0.04% | 18.30% | 17.80% | ₹7,270 Cr | ₹1,090 Cr | |
| ₹1,374.00 | 35.59 | ₹1,14,543 Cr | 2.96 | 0.58% | 11.20% | 13.00% | ₹33,228 Cr | ₹3,184 Cr | |
| ₹1,402.00 | 33.59 | ₹1,12,454 Cr | 3.20 | 0.93% | 11.60% | 15.50% | ₹28,324 Cr | ₹3,356 Cr | |
| ₹183.77 | 32.07 | ₹5,219 Cr | 2.80 | 0.57% | 8.42% | 11.30% | ₹2,524 Cr | ₹168 Cr | |
| Median 8 companies | ₹1,587.70 | 37.20 | ₹1,25,337 Cr | 4.57 | 0.58% | 16.25% | 16.65% | ₹22,862 Cr | ₹3,055 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.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 50
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 70
- Strong
- Cheap vs sector & own history 24% weight
- Growth
- 56
- Good
- Sales & profit trajectory 9% weight
- Financial Health
- 60
- Good
- Solvency, leverage, coverage 9% weight
- Momentum
- 91
- Strong
- Trend strength, vol-adjusted 12% weight
- Ownership
- 64
- Good
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 22.1%
Weaknesses
3- Stock is trading at 2.99 times its book value
- The company has delivered a poor sales growth of 3.35% over past five years.
- Company has a low return on equity of 7.74% over last 3 years.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bearish | 7 | 6 | 6 |
| Oscillators | Bearish | 3 | 6 | 0 |
| Moving Averages | Strong Bullish | 4 | 0 | 6 |
Oscillators
Bearish
Overall
Bearish
Moving Averages
Strong Bullish
Key readings
- RSI (14)
- 48.39
- Neutral
- MACD (12,26,9)
- −4.81
- Bearish
- SMA (50)
- 193.73
- Bearish
- SMA (200)
- 130.56
- Bullish
As of
Analyst Rating
1 of 1 analyst rates Buy, 0 Hold, 0 Sell.
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +14.86% |
|---|---|
| 5Y | +3.35% |
| 3Y | +1.51% |
| 1Y | +11.54% |
| TTM | +18.51% |
Net profit
| 10Y | Turned to profit |
|---|---|
| 5Y | −20.88% |
| 3Y | −0.48% |
| 1Y | +36.63% |
| TTM | +58.49% |
Operating cash flow
| 10Y | +28.09% |
|---|---|
| 5Y | −10.85% |
| 3Y | +20.27% |
| 1Y | +19.55% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +2.85 pp |
|---|---|
| 5Y | −18.46 pp |
| 3Y | +1.40 pp |
| 1Y | +1.92 pp |
| TTM | +2.28 pp |
Revenue by year
| Mar 2017 | ₹711 Cr |
|---|---|
| Mar 2018 | ₹983 Cr |
| Mar 2019 | ₹1,685 Cr |
| Mar 2020 | ₹1,894 Cr |
| Mar 2021 | ₹1,967 Cr |
| Mar 2022 | ₹2,184 Cr |
| Mar 2023 | ₹2,217 Cr |
| Mar 2024 | ₹2,133 Cr |
| Mar 2025 | ₹2,079 Cr |
| Mar 2026 | ₹2,319 Cr |
Net profit by year
| Mar 2017 | ₹5.00 Cr |
|---|---|
| Mar 2018 | ₹28.00 Cr |
| Mar 2019 | ₹237 Cr |
| Mar 2020 | ₹361 Cr |
| Mar 2021 | ₹445 Cr |
| Mar 2022 | ₹166 Cr |
| Mar 2023 | ₹140 Cr |
| Mar 2024 | ₹135 Cr |
| Mar 2025 | ₹101 Cr |
| Mar 2026 | ₹138 Cr |
Analyst Forecasts
AI Analysis — Bull vs Bear
IOL Chemicals & Pharmaceuticals trades at a market cap of ₹4,300 Cr with a PE of 30.5x and near-zero debt. The company has seen a sharp TTM profit recovery of 44% but carries a weak 5-year sales CAGR of just 3% and a subdued 3-year ROE of 8%.
- Company is almost debt-free, providing financial flexibility and lower interest burden
- TTM profit growth of 44% signals a meaningful earnings recovery after years of decline
- Promoter holding increased by 4.86% in the last quarter, indicating insider confidence
- Stock has delivered 53% returns over the past 1 year, reflecting strong momentum
- 10-year compounded profit growth of 19% demonstrates long-term earnings capability
- Healthy dividend payout of 22.1% shows commitment to returning capital to shareholders
- 10-year sales CAGR of 15% indicates the company scaled well over the longer term
- TTM sales growth of 12% suggests demand recovery after a sluggish 3-year period
- 5-year compounded profit growth is -20%, indicating a prolonged earnings downcycle
- 5-year sales CAGR of only 3% reflects persistently weak topline growth
- 3-year ROE of just 8% is well below what quality pharma/chemical companies typically deliver
- PE of 30.5x is expensive relative to the low single-digit 3-year sales CAGR of 2%
- 3-year compounded profit growth of only 1% shows the recovery is very recent and unproven
- Last year ROE of 8% and 3-year ROE of 8% show no improvement in capital efficiency
- 5-year stock CAGR of just 2% suggests the market rewarded shareholders poorly over a medium-term horizon
- Dividend yield of 0.7% offers limited income cushion at current valuations
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
TL;DR: IOL Chemicals experienced a contained fire incident at one manufacturing unit with minimal impact—no injuries, no major property damage, and a short 8–10 day suspension limited to a single unit. The event is operationally insignificant given normal functioning across remaining facilities, and the outlook remains unchanged pending restoration completion.
- Minor fire at Minoxidil unit Jun 11
A minor fire at Unit-9B in Barnala on June 9, 2026 has suspended Minoxidil operations for 8–10 days. No injuries or significant property damage reported; all other units operating normally.
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 563 | 545 | 520 | 504 | 502 | 526 | 523 | 528 | 552 | 568 | 580 | 619 | 756 | 795 |
| Expenses | 490 | 481 | 476 | 454 | 452 | 484 | 476 | 465 | 490 | 510 | 523 | 527 | 653 | 686 |
| Operating Profit | 73 | 64 | 44 | 50 | 51 | 42 | 47 | 63 | 62 | 57 | 57 | 93 | 104 | 109 |
| OPM % | 13% | 12% | 9% | 10% | 10% | 8% | 9% | 12% | 11% | 10% | 10% | 15% | 14% | 14% |
| Other Income | 7 | 7 | 8 | 8 | 7 | 6 | 4 | 5 | 7 | 7 | −6 | 2 | 8 | 6 |
| Interest | 4 | 4 | 4 | 3 | 2 | 4 | 4 | 4 | 4 | 3 | 4 | 3 | 4 | 5 |
| Depreciation | 14 | 16 | 16 | 16 | 17 | 18 | 19 | 19 | 20 | 20 | 20 | 20 | 21 | 22 |
| PBT | 62 | 51 | 32 | 38 | 39 | 26 | 28 | 45 | 46 | 41 | 28 | 71 | 87 | 87 |
| Tax % | 25% | 26% | 28% | 25% | 24% | 26% | 26% | 30% | 25% | 26% | 25% | 25% | 26% | 25% |
| Net Profit | 46 | 38 | 23 | 28 | 30 | 19 | 21 | 32 | 34 | 30 | 21 | 53 | 64 | 65 |
| EPS (₹) | 1.57 | 1.29 | 0.79 | 0.96 | 1.01 | 0.65 | 0.7 | 1.08 | 1.16 | 1.02 | 0.7 | 1.81 | 2.2 | — |
Sep 2026: from the results filed on 30 Oct 2026, ahead of the full statement, so some rows are blank.
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 385 | 580 | 711 | 983 | 1,685 | 1,894 | 1,967 | 2,184 | 2,217 | 2,133 | 2,079 | 2,319 | 2,524 |
| Expenses | 373 | 529 | 608 | 863 | 1,276 | 1,321 | 1,375 | 1,927 | 1,990 | 1,901 | 1,877 | 2,049 | 2,213 |
| Operating Profit | 11 | 51 | 102 | 120 | 410 | 574 | 592 | 257 | 227 | 232 | 202 | 270 | 310 |
| OPM % | 2.9% | 9% | 14% | 12% | 24% | 30% | 30% | 12% | 10% | 11% | 10% | 12% | 12% |
| Other Income | 1 | 1 | 1 | 6 | 10 | 16 | 24 | 17 | 25 | 30 | 22 | 9 | 11 |
| Interest | 59 | 61 | 68 | 64 | 51 | 21 | 6 | 8 | 16 | 16 | 15 | 15 | 14 |
| Depreciation | 29 | 30 | 30 | 30 | 32 | 36 | 39 | 43 | 46 | 63 | 72 | 80 | 82 |
| PBT | −75 | −39 | 6 | 31 | 336 | 533 | 571 | 223 | 189 | 183 | 138 | 184 | 226 |
| Tax % | −12% | 4% | 21% | 12% | 30% | 32% | 22% | 26% | 26% | 26% | 27% | 25% | — |
| Net Profit | −67 | −40 | 5 | 28 | 237 | 361 | 445 | 166 | 140 | 135 | 101 | 138 | 168 |
| EPS (₹) | −2.8 | −1.42 | 0.17 | 0.99 | 8.32 | 12.7 | 15.15 | 5.64 | 4.77 | 4.61 | 3.44 | 4.69 | 5.73 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 5% | 8% | 14% | 17% | 22% | 23% | 21% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 48 | 56 | 56 | 56 | 57 | 57 | 59 | 59 | 59 | 59 | 59 | 59 |
| Reserves | 160 | 129 | 132 | 160 | 417 | 757 | 1,202 | 1,332 | 1,448 | 1,553 | 1,629 | 1,740 |
| Borrowings | 400 | 453 | 447 | 422 | 284 | 59 | 3 | 44 | 80 | 33 | 117 | 135 |
| Other Liabilities | 94 | 135 | 182 | 214 | 184 | 297 | 347 | 526 | 434 | 600 | 577 | 653 |
| Total Liabilities | 702 | 772 | 817 | 852 | 942 | 1,170 | 1,610 | 1,960 | 2,021 | 2,244 | 2,382 | 2,587 |
| Fixed Assets | 403 | 400 | 374 | 406 | 412 | 469 | 512 | 561 | 751 | 933 | 1,170 | 1,181 |
| CWIP | 4 | 4 | 21 | 7 | 27 | 19 | 48 | 105 | 90 | 101 | 22 | 96 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 20 | 21 | 21 | 21 |
| Other Assets | 295 | 369 | 422 | 439 | 503 | 682 | 1,048 | 1,292 | 1,159 | 1,190 | 1,168 | 1,289 |
| Total Assets | 702 | 772 | 817 | 852 | 942 | 1,170 | 1,610 | 1,960 | 2,021 | 2,244 | 2,382 | 2,587 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | −47 | 18 | 83 | 120 | 273 | 471 | 380 | 91 | 123 | 290 | 179 | 214 |
| Investing | −5 | −27 | −23 | −50 | −63 | −184 | −317 | −121 | −119 | −191 | −154 | −198 |
| Financing | 50 | 9 | −60 | −70 | −197 | −272 | −58 | −2 | −4 | −92 | 46 | −29 |
| Net Cash Flow | −2 | 0 | 1 | −1 | 13 | 15 | 4 | −31 | 0 | 7 | 70 | −13 |
| Free Cash Flow | −53 | −9 | 61 | 71 | 213 | 391 | 272 | −60 | −86 | 18 | −34 | 44 |
| CFO/EBITDA | −413 | 34 | 82 | 105 | 83 | 102 | 88 | 60 | 75 | 144 | 97 | 93 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 31 | 55 | 58 | 54 | 43 | 52 | 56 | 79 | 83 | 81 | 90 | 95 |
| Inventory Days | 279 | 201 | 201 | 109 | 66 | 64 | 98 | 95 | 77 | 111 | 95 | 91 |
| Days Payable | 92 | 102 | 115 | 83 | 42 | 62 | 79 | 95 | 74 | 123 | 112 | 118 |
| Cash Conversion Cycle | 218 | 154 | 144 | 80 | 67 | 55 | 74 | 79 | 86 | 69 | 73 | 68 |
| Working Capital Days | 59 | 39 | 36 | 23 | 43 | 46 | 66 | 71 | 72 | 71 | 58 | 53 |
| ROCE % | −3% | 4% | 12% | 15% | 56% | 68% | 54% | 18% | 14% | 12% | 9% | 11% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view IOL Chemicals & Pharmaceuticals insights
76 extracted metrics across FY07–FY27.
Documents
- Q2 FY27 concall · Sep 2026Transcript Recording
- Q1 FY27 concall · Aug 2026Transcript PPT Recording
- Q4 FY26 concall · May 2026Transcript PPT
- Q3 FY26 concall · Feb 2026Transcript PPT
- Q2 FY26 concall · Nov 2025Transcript PPT
- 6 Jul 2026
- 4 Jul 2025
- 5 Nov 2024
- 28 Jun 2024
- 30 Jun 2023
- General announcements 30 Oct 2026
Frequently Asked Questions about IOL Chemicals & Pharmaceuticals
What does IOL Chemicals & Pharmaceuticals Ltd do?
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What is the PE ratio of IOL Chemicals & Pharmaceuticals Ltd?
What is the 52-week high and low of IOL Chemicals & Pharmaceuticals Ltd?
Does IOL Chemicals & Pharmaceuticals Ltd pay dividends?
What is the Return on Equity (ROE) of IOL Chemicals & Pharmaceuticals Ltd?
Company Information
IOL Chemicals & Pharmaceuticals Ltd is a leading pharmaceutical (APIs) company and is a significant player in the specialty chemicals space. It serves the domestic and export market. It is the largest player of Ibuprofen (pain killer) globally with a world market share of 35%.
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