INDTONER

Indian Toners & Developers Ltd.

BSE: 523586

Sector: Chemicals

Industry Group: Chemicals & Petrochemicals

Industry: Specialty Chemicals

46.07+0.8 (+1.65%)

8 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

85.3 / 100

Value Score

95.6 / 100

Price Momentum Score

45.9 / 100

QVM Score

95.5 / 100

Key Metrics

Market Cap

239.38

P/E (TTM)

9.39

P/B

1.03

P/S (TTM)

1.47

EV/EBITDA

3.79

CAPE (5Y)

10.13

ROE (TTM)

12.55

ROCE (TTM)

13.58

ROA (TTM)

11.10

Avg 3Y ROE

12.20

Earnings 3Y CAGR

-7.81

Sales 3Y CAGR

0.76

Sales 5Y CAGR

10.33

Debt/Equity

0.00

Consensus TP

Strong Buy %

Promoter Holding

69.25

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Indian Toners & Developers Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is cheap and PE TTM is at a discount to industry median

PE TTM of 9.39 indicates that the stock is cheap on a standalone basis. Discount to industry median P/E is decent at -64.02%

What is P/E Ratio?

Median: 26.1

Value 9.39

-5.48867.89

Moderate ROE but improving trend

The company reported moderate ROE of 12.55% for 12-month ended 30 Jun 2026 but ROE improved by 163 bps from 1 year ago

What is ROE (FY)?

High and stable operating margin

The company reported strong operating margin of 17.82% for 12-month ended 30 Jun 2026 and operating margin declined marginally by -50 bps from 1 year ago

What is Operating profit margin?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.0 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.01 in the last 1 year

What is Debt to Equity?

Healthy dividend yield

The company has a healthy dividend yield of 13.02%

What is Dividend yield?

Consistently pays dividend

The company has not missed dividend payments once in the last 5 financial years

What is Dividend streak?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of 3.92% for 12-month ended 30 Jun 2026 and the growth was 8.94 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 12.86

Value 3.92

-39.32704870

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -20.56% for 12-month ended 30 Jun 2026 and the growth was 36.78 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Neutral

Company's earnings are of moderate quality

Earnings quality score of 58.0 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

58.0 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Indian Toners & Developers Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Indian Toners & Developers Ltd. Shareholding Pattern

Quarterly breakdown of Indian Toners & Developers Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	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	Jun 2026	Sep 2026
Total Promoter	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25
Indian Promoter	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25	69.25
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	0.02	0.02	0.02	0.02	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.00
Mutual Funds / UTI	0.02	0.02	0.02	0.02	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.72	30.75
Bodies Corporate	0.85	0.81	0.87	1.00	0.77	0.65	0.74	0.77	0.69	0.69	0.71	0.69	0.70	0.65	0.59	0.54	0.53	0.57	0.62	0.61	0.59	0.57	0.65	0.66	0.69	0.63	0.51
Others (incl. Retail) No. of shareholders	29.87 15,839	29.91 15,535	29.85 15,876	29.72 15,099	29.95 14,483	30.07 14,375	29.98 14,747	29.95 15,668	30.03 15,248	30.03 14,969	30.01 14,447	30.03 14,253	30.02 13,995	30.07 14,048	30.13 14,482	30.18 16,481	30.19 16,634	30.15 16,574	30.10 19,709	30.11 18,936	30.13 18,164	30.15 17,804	30.07 17,543	30.06 17,280	30.03 16,980	30.09 17,260	30.24 12,442

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

Indian Toners & Developers Ltd. is not part of any tracked index.

Prominent Investor Holdings

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Indian Toners & Developers Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
AKSHAT JAIN Promoter Group	August-2022	Off Market (Disposal) 26th Aug 2022	23.76 %	₹ 179.85	7.34 lac	₹ 13.20 cr
ASHIMA N MATHUR Promoter Group	August-2022	Off Market (Disposal) 26th Aug 2022	19.88 %	₹ 179.85	3.13 lac	₹ 5.62 cr
DEVANSHI JAIN Promoter Group	August-2022	Off Market (Disposal) 26th Aug 2022	0.00 %	₹ 179.86	83.00	₹ 14.93 k
NANDITA JAIN Promoter Group	August-2022	Off Market (Acquisition) 26th Aug 2022	14.14 %	₹ 179.85	9.62 lac	₹ 17.30 cr
SUSHIL JAIN HUF Promoter Group	August-2022	Off Market (Disposal) 26th Aug 2022	1.39 %	₹ 179.85	14.89 k	₹ 26.79 lac
SUSHIL JAIN NANDITA JAIN Promoter	August-2022	Off Market (Acquisition) 26th Aug 2022	10.08 %	₹ 179.85	99.43 k	₹ 1.79 cr
Aashima Jain Promoter	March-2021	Buy Back (Disposal) 30th Mar 2021	19.88 %	₹ 160.00	4.60 lac	₹ 7.35 cr
Akshat Jain Promoter	March-2021	Buy Back (Disposal) 30th Mar 2021	23.76 %	₹ 160.00	5.49 lac	₹ 8.79 cr
Nandita Jain Promoter	March-2021	Buy Back (Disposal) 30th Mar 2021	14.13 %	₹ 160.00	3.27 lac	₹ 5.23 cr
Sushil Jain HUF Promoter	March-2021	Buy Back (Disposal) 30th Mar 2021	1.39 %	₹ 160.00	32.07 k	₹ 51.31 lac

Corporate Actions

History of Indian Toners & Developers Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Stock Split1 : 5
Ex-date: 17th Jul 2026Announced on: 11th May 2026
Nominal value changes from INR 10 to INR 2.
Dividend₹ 6/share
Record date: 14th Nov 2025Ex-date: 14th Nov 2025
Announced on: 10th Nov 2025
Dividend₹ 4.50/share
Record date: 10th Feb 2025Ex-date: 10th Feb 2025
Announced on: 31st Jan 2025
Others
Ex-date: 30th Aug 2024Announced on: 20th Aug 2024
"On Market Tender Offer.Total Amount Returned INR 206220600. Share Capital 4.22 percent currently. As of 30 September 2024 Shares repurchased 458268."
Dividend₹ 4.50/share
Record date: 15th Nov 2023Ex-date: 15th Nov 2023
Announced on: 3rd Nov 2023

Company Profile

Overview of Indian Toners & Developers Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Indian Toners & Developers Limited is an India-based company, which is engaged in the business of manufacturing of compatible toners. The Company has two manufacturing plants in Rampur (Uttar Pradesh) and Sitarganj (Uttarakhand) and caters to the needs of both the domestic and export markets. The Co...

Key personnel

Sh. Surya Pratap Singh

Chief Financial Officer

Mr. Vishesh Chaturvedi

Compliance Officer, Company Secretary

Mr. D. K. Rastogi

Investor Relations

Shri. Sushil JainD

Chairman of the Board, Chief Executive Officer

Mr. Akshat JainD

Managing Director, Executive Director

Mrs. Manisha ChamariaD

Non-Executive Independent Director

Shri. Sanjeev GoelD

Non-Executive Independent Director

Mr. Sanjay GuptaD

Non-Executive Independent Director

View all

Incorporated on

09 Jan 1990

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

20 Apr 1992

Free Float

1,47,89,210

Website

https://www.indiantoners.com/

Phone no.

+911145017000

Address

10.5 KM MILESTONE,RAMPUR-BAREILLY ROAD RAMPUR, , 110025, India

Frequently Asked Questions

What is the current share price of Indian Toners & Developers Ltd.?

The current share price of Indian Toners & Developers Ltd. is ₹ 46.07 as of 8 Oct 2026.

What is the market capitalisation of Indian Toners & Developers Ltd.?

The market capitalisation of Indian Toners & Developers Ltd. stands at ₹ 239.38 Cr.

What is the PE ratio of Indian Toners & Developers Ltd.?

The Price-to-Earnings (PE) ratio of Indian Toners & Developers Ltd. is 9.39 as of the latest trailing twelve months data.

What is the ROE and ROCE of Indian Toners & Developers Ltd.?

Indian Toners & Developers Ltd. has a Return on Equity (ROE) of 12.55% and a Return on Capital Employed (ROCE) of 13.58% as per the latest financial reports.

What is the 52-week high and low of Indian Toners & Developers Ltd.?

The 52-week high of Indian Toners & Developers Ltd. is - and the 52-week low is -.

What is the dividend yield of Indian Toners & Developers Ltd.?

The dividend yield of Indian Toners & Developers Ltd. is 13.02% based on the current market price.

What is the FII and DII holding in Indian Toners & Developers Ltd.?

Foreign Institutional Investors (FII) hold 0.00%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 30.24% of Indian Toners & Developers Ltd. shares.

What sector does Indian Toners & Developers Ltd. belong to?

Indian Toners & Developers Ltd. operates in the Chemicals sector.

What is the beta of Indian Toners & Developers Ltd.?

The beta of Indian Toners & Developers Ltd. is 0.71, indicating its price volatility relative to the broader market. Over the past 1 year, Indian Toners & Developers Ltd. has delivered an absolute return of -14.67%.

What is the RSI of Indian Toners & Developers Ltd.?

The 14-day Relative Strength Index (RSI) of Indian Toners & Developers Ltd. is 45.63, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Indian Toners & Developers Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Indian Toners & Developers Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Holdings and Presence

Company Profile

Corporate Actions