On 6 Nov 2026, Indobell Insulation was priced at ₹65.04, or 23.3× trailing earnings, against an industry P/E of 22.1×, and the shares are 30% below their 52-week high. Sales and net profit fell 9.1% and 3.7% a year over 3 years; its ROCE of 6.6% is the lowest among the 7 largest Specialty Chemicals peers. Debt is 0.35× equity. It is listed on an SME platform with a market cap of ₹41 Cr, ranked 172nd of 204 Specialty Chemicals companies by market cap; the shares fell 25% over the past year.
- ₹65.04
- ₹65.04
- ₹65.04
- ₹61.95
- 3K
Health check
- ReturnsBehind
−25.5% over a year, better than 0 of 7 peers.
- Price tagIn line
P/E 23.3 vs industry 22.1.
- GrowthShrinking
Sales −9.1%, profit −3.7% a year over 3 years.
- ProfitabilityWeak
ROCE 6.6% vs peer median 24.4%.
- Balance sheetSolid
Debt 0.35× equity, interest covered 9.7×, Piotroski 7 of 9.
- Red flags1 to check
Interest coverage of only −0.8×.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹41 Cr
- Small cap
- P/E
- 23.3
- Industry 22.1
- Price to book
- 2.32
- Peers 13.33
- Dividend yield
- 0.00%
- ROE
- 10.4%
- Peers 23.0%
- ROCE
- 6.6%
- Peers 24.4%
- Debt to equity
- 0.35
- Debt ₹6.19 Cr
- EPS (TTM)
- ₹2.79
- OPM (TTM)
- 12.1%
- Net margin 7.7%
- Sales growth
- +103.8%
- Latest quarter vs a year ago
- Profit growth
- +198.7%
- Latest quarter vs a year ago
- Price to sales
- 1.79
- EV/EBITDA 19.5
Strengths and risks
Strengths
- Quarterly profit up 198.7% on a year ago.
- Quarterly sales up 103.8% on a year ago.
Risks to check
- Interest coverage of only −0.8×.
About Indobell Insulation
Indobell Insulation Limited operates as a manufacturer and contractor of insulation products and prefabricated thermal insulation jackets in India. The company offers ceramic and mineral fibre nodules, granulated rockwool, spray insulation, LRB mattress insulation, ceramic fiber blanket insulation, heat shield, and fibreglass aerogel insulation. It also trades in LRB mattresses, ceramic fiber blankets, aluminum sheets, and prefabricated thermal insulation…
- Headquarters
- Kolkata
- Employees
- 30
- Sector
- Basic Materials
- ISIN
- INE0FK501019
- Website
- indobell.com
Price range
- Avg volume (3M)
- 15.1K
- 1-year return
- minus 25.5%
- From 52-week high
- minus 29.6%
Peers · Specialty Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASIANPAINTAsian Paints | 2,546.00 | plus 0.88% | 2,44,025 | 50.5 | 35.0 | 24.4% | 18.9% | 0.21 | 1.1% | plus 1.5% |
| SOLARINDSSolar Industries India | 18,608.00 | plus 0.48% | 1,68,384 | 74.4 | 64.1 | 29.5% | 27.8% | 0.22 | 12.4% | plus 35.9% |
| PIDILITINDPidilite Industries | 1,579.00 | plus 1.63% | 1,60,827 | 60.0 | 44.4 | 28.5% | 23.5% | 0.03 | 7.4% | plus 6.8% |
| LINDEINDIALinde India | 6,859.00 | plus 8.73% | 58,496 | 118.4 | 64.2 | 16.3% | 31.5% | 0.23 | – | plus 5.4% |
| BERGEPAINTBerger Paints India | 478.35 | minus 5.28% | 55,776 | 45.4 | 29.4 | 20.6% | 15.3% | 0.15 | 4.2% | minus 6.0% |
| FLUOROCHEMGujarat Fluorochemicals | 4,665.50 | minus 0.94% | 51,251 | 75.9 | 44.0 | 9.6% | 24.1% | 0.26 | −4.5% | plus 28.0% |
| ACUTAASAcutaas Chemicals | 3,786.60 | plus 0.42% | 31,001 | 70.9 | 64.1 | 27.7% | 39.4% | 0.01 | 29.4% | plus 105.6% |
| INDOBELLIndobell Insulation | 65.04 | plus 4.99% | 41 | 23.3 | – | 6.6% | 12.1% | 0.35 | −9.1% | minus 25.5% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.1% | 0.21 | 5.8% | 6.8% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- −9.1%
- Profit CAGR 3Y
- −3.7%
- EPS CAGR 3Y
- −3.6%
- ROE
- 10.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20.8 | 17.9 | 25.7 | 15.6 | |
| – | minus 13.9% | +43.9% | minus 39.5% | |
| 18.8 | 15.8 | 22.5 | 15.7 | |
| 2 | 2.1 | 3.2 | −0.1 | |
| 9.5% | 11.6% | 12.5% | −0.6% | |
| 0.1 | 0 | 0.7 | 0.3 | |
| 0.6 | 0.5 | 0.4 | 0.1 | |
| 0.3 | 0.3 | 0.2 | 0.3 | |
| 0 | 0.1 | −0.3 | 1.2 | |
| 1.2 | 1.4 | 3 | 1 | |
| 26.0% | 26.0% | 27.9% | 22.4% | |
| 0.9 | 1 | 2.2 | 0.8 | |
| – | +14.7% | +111.7% | minus 63.2% | |
| 1.43 | 1.64 | 3.47 | 1.28 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.7 | 4.1 | 6.3 | 6.3 | |
| 4 | 1.6 | 9.2 | 9.9 | |
| 4.2 | 5.3 | 2.5 | 0.9 | |
| 3.4 | 4.3 | 7.6 | 2.7 | |
| 12.3 | 15.3 | 25.6 | 19.9 | |
| 2 | 1.9 | 1.8 | 2.3 | |
| 0.1 | 0.2 | 0.2 | 0.2 | |
| 0.7 | 0.8 | 2 | 2.2 | |
| 9.4 | 12.4 | 21.6 | 15.2 | |
| 12.3 | 15.3 | 25.6 | 19.9 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.1 | 0.2 | −4.3 | 4.5 | |
| −0.5 | −0.6 | −0.2 | −1.3 | |
| −2.5 | 0.4 | 5.7 | −2.9 | |
| 0.1 | 0.1 | 1.1 | 0.2 | |
| −0.3 | −0.1 | −0.1 | −1.1 | |
| 2.9 | 0.1 | −4.4 | 3.4 | |
| −0.1 | −0.1 | −0.1 | −1.3 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.