Indo Rama Synthetics (India) Ltd.

BSE: INDORAMA500207ISIN INE156A01020

Consumer Discretionary
Other Textile Products
BSE Consumer Discretionary

Share price

₹78.15+3.72 (+5.00%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹112.31
52W low: ₹28.70
Off 52W high: -30.42%
1M return: -16.60%
3M return: +24.72%
6M return: +100.44%
1Y return: +10.63%
20D avg volume: 54,667
50 DMA: ₹83.62
200 DMA: ₹52.82

Key ratios Consolidated

Market cap: ₹2,041 Cr
Current price: ₹78.15
52W high / low: ₹112.31 / ₹28.70
Face value: ₹10.00
P/E: 9.68
P/B: 3.11
EPS (TTM): ₹8.07
Book value / share: ₹25.16
ROE: —
ROCE: 27.50%
Operating margin: —
Net margin: —
Debt / equity: 2.18
Net debt: ₹1,115 Cr
Interest cover: 2.15
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: -40.1 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,341	936.64	1,202	1,182	1,221	1,306	1,198	1,166	950.53	944.30	904.14	940.10
	3.40	3.56	5.27	9.12	1.71	2.85	22.76	2.47	2.70	1.10	1.42	4.26
	1,344	940.20	1,207	1,191	1,222	1,309	1,221	1,168	953.23	945.40	905.56	944.36
	1,270	876.46	1,143	1,180	1,198	1,256	1,170	1,155	997.31	964.58	946.04	1,043
	944.32	584.61	875.59	864.35	931.31	862.71	898.74	864.84	741.32	707.29	647.61	722.15
	116.22	48.30	33.51	1.93	78.76	82.40	39.59	73.43	53.74	47.75	91.21	91.26
	31.53	30.97	32.58	26.94	32.38	33.41	29.95	23.24	30.44	34.79	31.26	28.40
	28.99	29.38	31.62	36.09	33.57	29.03	41.59	39.56	38.07	38.02	40.65	36.65
	12.30	12.01	11.85	12.00	11.98	11.93	12.33	12.57	11.73	11.56	10.85	10.12
	159.76	109.05	204.79	150.50	179.74	170.92	150.89	179.35	136.16	134.11	110.79	161.03
	73.86	63.74	64.13	11.48	24.55	52.75	51.07	13.59	-44.08	-19.18	-40.48	-99.01
	0.00	0.00	0.00	-2.70	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	73.86	63.74	64.13	8.78	24.55	52.75	51.07	13.59	-44.08	-19.18	-40.48	-99.01
	-0.22	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	74.08	63.74	64.13	8.78	24.55	52.75	51.07	13.59	-44.08	-19.18	-40.48	-99.01
	2.84	2.44	2.46	0.34	0.94	2.02	1.96	0.53	-1.69	-0.73	-1.55	-3.79
Key metrics
	115.15	105.13	107.60	56.87	70.10	93.71	104.99	65.72	5.72	30.40	11.02	-52.24
	8.60%	11.20%	9.00%	4.80%	5.70%	7.20%	8.80%	5.60%	0.60%	3.20%	1.20%	-5.60%
	5.50%	6.80%	5.30%	0.70%	2.00%	4.00%	4.30%	1.20%	-4.60%	-2.00%	-4.50%	-10.50%
	9.70%	—	9.40%	—	6.90%	—	11.80%	—	—	—	—	—
	9.80%	-28.30%	0.30%	1.40%	28.40%	38.30%	32.60%	24.00%	—	—	—	—
	201.80%	20.80%	25.60%	-35.40%	155.70%	375.00%	226.20%	113.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,661	4,910	4,259	3,873	4,085	4,038
	21.35	18.95	29.03	6.79	24.42	6.33
	4,682	4,929	4,288	3,880	4,109	4,044
	4,469	4,776	4,287	4,084	4,134	3,825
	3,269	3,534	3,212	2,852	3,025	2,861
	199.96	196.60	214.51	246.09	304.21	150.36
	122.02	125.31	118.42	125.54	114.35	107.72
	126.08	130.31	157.24	131.63	59.58	61.89
	48.16	47.76	48.19	39.10	31.34	31.26
	624.10	705.95	606.49	583.39	700.60	658.68
	213.21	152.91	1.40	-203.44	-24.72	219.44
	-2.70	-2.70	0.00	0.00	0.00	0.00
	210.51	150.21	1.40	-203.44	-24.72	219.44
	-0.22	0.00	0.00	0.00	0.16	49.62
	210.73	150.21	1.40	-203.44	-24.56	269.06
	8.08	5.75	0.05	-7.79	-0.94	10.30
Key metrics
	384.75	328.28	206.83	-32.71	66.20	312.59
	8.25%	6.70%	4.90%	-0.80%	1.60%	7.70%
	4.52%	3.10%	0.00%	-5.30%	-0.60%	6.70%
	—	27.50%	20.30%	—	—	—
	-4.69%	15.30%	10.00%	-5.20%	1.20%	—
	48.44%	10,629.30%	100.70%	-728.30%	-109.10%	—
	—	-10.87	195.60	—	—	—
	—	0.09	167.39	—	—	—
	—	2.18	3.06	—	—	—
	—	1,115	1,102	—	—	—
	—	-40.1	-46.9	—	—	—
Balance sheet
	—	3,244	2,936	—	—	—
	—	1,672	1,337	—	—	—
	—	16.82	24.21	—	—	—
	—	243.32	166.45	—	—	—
	—	666.86	594.25	—	—	—
	—	—	99.99	—	—	—
	—	1,225	1,254	—	—	—
	—	1,451	1,308	—	—	—
	—	2,223	2,153	—	—	—
	—	1,132	1,126	—	—	—
	—	687.02	768.01	—	—	—
	—	444.58	357.90	—	—	—
	—	519.17	368.21	—	—	—
Cash flow
	—	12.92	234.34	—	—	—
	—	-22.91	-38.67	—	—	—
	—	2.60	-195.12	—	—	—
	—	23.79	38.74	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,248	817.91	1,097	1,071	1,166	1,185	1,114	1,070	903.77	868.83	864.17	832.28
	5.82	6.85	8.13	11.02	3.64	4.73	22.94	4.00	4.08	2.10	2.31	5.83
	1,254	824.76	1,105	1,082	1,170	1,190	1,137	1,074	907.85	870.93	866.48	838.11
	1,199	791.01	1,061	1,068	1,147	1,157	1,087	1,053	946.30	883.45	882.25	916.89
	942.04	588.21	861.88	845.11	938.30	878.68	889.26	867.72	740.80	706.28	646.01	721.85
	42.11	17.45	2.10	3.12	4.05	8.06	5.19	4.27	16.83	16.50	15.71	23.03
	30.12	29.59	31.15	25.44	30.93	31.90	28.48	21.65	28.71	32.92	28.85	25.71
	25.65	25.79	27.32	31.71	28.74	23.42	34.97	32.37	30.65	29.63	31.49	29.13
	9.87	9.63	9.49	9.60	9.59	9.56	9.98	10.16	9.68	9.52	8.96	8.51
	131.33	88.42	169.21	123.51	158.58	142.94	132.63	145.22	116.12	118.18	97.47	146.65
	55.05	33.75	43.77	13.60	23.04	32.31	49.54	21.16	-38.45	-12.17	-15.77	-78.78
	0.00	0.00	0.00	-2.69	0.00	0.00	0.00	—	—	—	—	—
	55.05	33.75	43.77	10.91	23.04	32.31	49.54	21.16	-38.45	-12.17	-15.77	-78.78
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	55.05	33.75	43.77	10.91	23.04	32.31	49.54	21.16	-38.45	-12.17	-15.77	-78.78
	2.11	1.29	1.68	0.42	0.88	1.24	1.90	0.81	-1.47	-0.47	-0.60	-3.02
Key metrics
	90.57	69.17	80.58	52.22	61.37	65.29	94.49	63.69	1.88	26.98	24.68	-41.14
	7.30%	8.50%	7.30%	4.90%	5.30%	5.50%	8.50%	6.00%	0.20%	3.10%	2.90%	-4.90%
	4.40%	4.10%	4.00%	1.00%	2.00%	2.70%	4.40%	2.00%	-4.30%	-1.40%	-1.80%	-9.50%
	8.10%	—	7.30%	—	6.80%	—	12.40%	—	—	—	—	—
	7.00%	-31.00%	-1.50%	0.00%	29.00%	36.40%	28.90%	28.60%	—	—	—	—
	138.90%	4.50%	-11.60%	-48.40%	159.90%	365.50%	414.10%	126.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,234	4,519	3,957	3,707	3,906	3,901
	31.82	27.52	33.12	10.05	24.42	6.29
	4,266	4,546	3,990	3,717	3,931	3,907
	4,119	4,434	3,970	3,858	3,950	3,689
	3,237	3,524	3,204	2,853	3,025	2,861
	64.78	17.33	42.79	40.13	138.41	15.61
	116.30	119.42	111.76	117.21	114.18	107.65
	110.47	111.19	127.62	107.24	58.71	61.88
	38.59	38.24	39.34	33.91	31.11	31.07
	512.47	594.24	517.17	530.25	697.15	656.38
	146.17	112.72	20.08	-141.66	-19.27	218.11
	-2.69	-2.69	0.00	—	—	—
	143.48	110.03	20.08	-141.66	-19.27	218.11
	0.00	0.00	0.00	—	—	50.08
	143.48	110.03	20.08	-141.66	-19.27	268.19
	5.50	4.21	0.77	-5.43	-0.74	10.27
Key metrics
	292.54	259.46	187.04	-0.51	70.55	311.06
	6.91%	5.70%	4.70%	0.00%	1.80%	8.00%
	3.39%	2.40%	0.50%	-3.80%	-0.50%	6.90%
	—	22.80%	21.80%	—	—	—
	-6.65%	14.20%	6.70%	-5.10%	0.10%	—
	13.83%	448.00%	114.20%	-635.10%	-107.20%	—
	—	-90.73	153.93	—	—	—
	—	-0.63	9.22	—	—	—
	—	1.67	1.90	—	—	—
	—	933.49	840.56	—	—	—
	—	-32.6	-37.2	—	—	—
Balance sheet
	—	3,011	2,664	—	—	—
	—	1,660	1,373	—	—	—
	—	10.49	19.56	—	—	—
	—	379.70	310.37	—	—	—
	—	596.88	517.19	—	—	—
	—	—	73.53	—	—	—
	—	867.19	888.37	—	—	—
	—	1,381	1,231	—	—	—
	—	2,040	1,985	—	—	—
	—	943.98	860.12	—	—	—
	—	593.21	689.84	—	—	—
	—	350.77	170.28	—	—	—
	—	563.76	452.96	—	—	—
Cash flow
	—	-69.38	185.19	—	—	—
	—	-20.47	-31.20	—	—	—
	—	80.78	-148.21	—	—	—
	—	21.35	31.26	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +4.97%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -6.65%
Profit YoY (TTM): +13.83%

Consolidated

Sales CAGR 3Y: +6.32%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -4.69%
Profit YoY (TTM): +48.44%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 75.00%

Quarter	September 2026	June 2026
Promoter %	75.00%	74.84%

Holder	Type	Holding	Previous	Change
INDORAMA NETHERLANDS B V	Promoter	38.56%	38.56%	0.00%
URMILA LOHIA	Promoter	20.92%	20.76%	+0.16%
OM PRAKASH LOHIA	Promoter	14.73%	14.73%	0.00%
SIAM STOCK HOLDINGS LIMITED	Public	6.59%	6.59%	0.00%
SHRUTI LOHIA	Public	4.89%	4.89%	0.00%
RAVIRAJ DEVELOPERS LIMITED	Public	1.31%	1.35%	-0.04%
VISHAL LOHIA	Promoter	0.44%	0.44%	0.00%
ARADHANA LOHIA	Promoter	0.12%	0.12%	0.00%
YASHOVARDHAN LOHIA	Promoter	0.10%	0.10%	0.00%
RIMPLE LOHIA	Promoter	0.09%	0.09%	0.00%
ALOKE LOHIA	Promoter	0.04%	0.04%	0.00%
BROOKGRANGE INVESTMENTS LIMITED	Promoter	0.00%	0.00%	0.00%
Foreign Institutional Investors	Public	0.00%	—	—
Foreign Bank	Public	0.00%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
K.P.R. Mill Ltd.	40,131	1,174.05	38.61	20.20%	+6.43% TTM	+24.09% TTM	+11.22%
WELSPUN LIVING LIMITED	24,989	264.50	56.66	6.20%	+5.02% TTM	+22.56% TTM	+104.96%
Vardhman Textiles Limted	15,353	530.20	17.85	8.20%	+3.29% TTM	+0.64% TTM	+21.08%
Trident Ltd	12,184	23.91	25.39	10.50%	-4.44% TTM	+7.98% TTM	-16.52%
Indo Count Industries Ltd	10,394	524.80	68.89	9.80%	+19.19% TTM	+49.07% TTM	+86.46%
GARWARE TECHNICAL FIBRES LIMITED	7,352	752.95	31.05	19.60%	+17.37% TTM	+16.09% TTM	-1.09%
Kusumgar Limited	6,123	583.20	—	—	—	—	—
Sanathan Textiles Limited	4,584	543.10	45.01	6.40%	+77.27% TTM	-26.39% TTM	+13.48%
Alok Industries Ltd.	4,121	8.30	-5.45	-3.10%	+6.01% TTM	-11.07% TTM	-52.68%
Filatex India Ltd.	4,071	91.68	21.30	16.70%	+0.22% TTM	+34.38% TTM	+42.07%
Jindal Worldwide Ltd.	3,923	39.13	46.28	13.80%	-1.72% TTM	+12.65% TTM	+8.33%
Nitin Spinners Ltd. S	3,797	675.30	14.29	14.30%	+8.88% TTM	+59.17% TTM	+111.03%
Raymond Lifestyle Limited	3,116	511.50	87.19	2.80%	+10.82% TTM	-52.08% TTM	-56.32%
Sangam (India) Ltd	3,063	609.55	20.18	12.10%	+16.32% TTM	+307.66% TTM	+36.64%
Ganesha Ecosphere Limited	2,466	920.45	28.99	5.60%	+19.07% TTM	+33.52% TTM	-23.41%
Sportking India Ltd. S	2,422	190.60	10.54	14.20%	+12.88% TTM	+98.30% TTM	+90.98%
Siyaram Silk Mills Ltd.	2,171	478.50	9.65	21.40%	+13.93% TTM	+7.80% TTM	-42.13%
Pashupati Cotspin Limited	2,113	133.90	134.27	12.10%	—	—	+64.30%
AAYUSH ART AND BULLION LIMITED S	2,047	1,336.85	182.38	17.60%	—	—	+32.65%
Indo Rama Synthetics (India) Ltd.	2,041	78.15	9.68	27.50%	-4.69% TTM	+48.44% TTM	+10.63%
Bombay Dyeing & Mfg. Co. Ltd.	1,972	95.49	97.68	1.90%	-2.55% TTM	-95.87% TTM	-40.91%
AYM Syntex Limited	1,640	278.95	48.03	6.30%	+5.51% TTM	+2,222.45% TTM	+64.38%
Ruby Mills Ltd. S	1,624	485.65	37.47	6.10%	+43.42% TTM	-4.87% TTM	+113.66%
Faze Three Ltd.	1,329	540.20	26.00	12.20%	+23.57% TTM	+50.87% TTM	+13.29%
United Polyfab Gujarat Limited	1,186	51.66	—	22.00%	—	—	—

Filings & corporate actions

Recent announcements

Transcript of Q2FY27 Earnings Conference Call held on 26.10.20262 Nov 2026 · Company Update / Earnings Call Transcript
Audio Recording of Q2 FY27 Earnings Conference Call held on Monday, 26th October 2026, at 4:00 PM (IST).26 Oct 2026 · Company Update / Analyst / Investor Meet
Submission of Investor Presentation on the Un-audited Financial Results of the Company for the second quarter and half year ended 30 September, 2026.23 Oct 2026 · Company Update / Investor Presentation
Submission of Investor Presentation on the unaudited Financial Results of the Company for the quarter and half year ended 30th September 2026.23 Oct 2026 · Company Update / Analyst / Investor Meet
Intimation of Q2 FY27 Earnings Conference Call Scheduled for Monday, October 26,2026, at 4:00 PM (IST).21 Oct 2026 · Company Update / Analyst / Investor Meet
Publication of Financial Results for the quarter and half year ended September 30, 2026.17 Oct 2026 · Company Update / Newspaper Publication
Submission of Press release16 Oct 2026 · Company Update / Press Release / Media Release
Submission of Press Release16 Oct 2026 · Company Update / Press Release / Media Release
The Board of Directors, in their meeting held today, i.e., 16th October 2026, have interalia considered and approved expansion plan of approx. INR 200 Crores in the Company and its Wholly ....16 Oct 2026 · Board Meeting / Outcome of Board Meeting
Submission of Financial Results16 Oct 2026 · Result / Financial Results
Indo Rama Synthetics (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/10/2026 ,inter alia, to consider and approve un-audited Financial ....9 Oct 2026 · Board Meeting / Board Meeting
Submission of certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended September 30, 2026.5 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Trading Window Closure28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find reply letter on clarification on price movement.10 Sep 2026 · Company Update / General
The Exchange has sought clarification from Indo Rama Synthetics (India) Ltd on September 10, 2026 with reference to significant movement in price, in order to ensure that investors have ....10 Sep 2026 · Company Update / Clarification
Disclosure under Regulations 7(2) of SEBI (PIT) Regulations, 201510 Sep 2026 · Company Update / General
Submission of Voting Results along with Scrutinizer Report of 40th AGM of the Company held on September 8, 2026.10 Sep 2026 · AGM/EGM / AGM
Submission of summary of proceedings of the 40th Annual General Meeting of the Company held on September 8, 2026 at 11.30 a.m.8 Sep 2026 · AGM/EGM / AGM
Newspaper Publication in respect of dispatch of Notice of 40th AGM along with Annual Report 2025-26.18 Aug 2026 · Company Update / Newspaper Publication
Annual Report17 Aug 2026 · Others / Reg. 34 (1) Annual Report
In respect of holding 40th AGM of the Company, Indo Rama Synthetics (India) Limited, through VC/OAVM.12 Aug 2026 · Company Update / Newspaper Publication
Fixation of cut-off date for the purpose of Annual General Meeting.11 Aug 2026 · AGM/EGM / AGM
Intimation of Book Closure pursuant to Regulation 42 of the SEBI (LODR) Regulations, 2015.11 Aug 2026 · Corp. Action / Book Closure
Submission of copy of newspaper for publication of un-audited financial results for the quarter ended June 30, 2026.30 Jul 2026 · Company Update / Newspaper Publication
Outcome of Board Meeting held on July 29, 2026.29 Jul 2026 · Company Update / General
Submission of Financial Results for the quarter ended June 30, 2026.29 Jul 2026 · Result / Financial Results
Appointment of Additional Directors in the category of Non-executive Independent Directors and re-constitution of Committees of the Board.27 Jul 2026 · Company Update / Change in Directorate
Indo Rama Synthetics (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/07/2026 ,inter alia, to consider and approve unaudited results ....24 Jul 2026 · Board Meeting / Board Meeting
Submission of Certificate under Reg 74(5) of SEBI(DP) Regulations, 2018 for the quarter ended 30.06.2026.10 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation for change of Board of Directors of the Company due to sad demise of Mr. Dhanendra Kumar, Independent Director.29 May 2026 · Company Update / Change in Directorate
Intimation of sad demise of Mr. Dhanendra Kumar, Independent Director of the Company.29 May 2026 · Company Update / Demise
Submission copy of newspaper in respect of publication Audited Financial Results for the fourth quarter and year ended March 31, 2026.26 May 2026 · Company Update / Newspaper Publication
Board has interalia approved in its meeting held today May 25, 2026 audited financial results for the 4th quarter and year ended March 31, 2026.25 May 2026 · Result / Financial Results
Outcome Board Meeting held on May 25, 2026.25 May 2026 · Board Meeting / Outcome of Board Meeting
Indo Rama Synthetics (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/05/2026 ,inter alia, to consider and approve annual audited ....18 May 2026 · Board Meeting / Board Meeting
Submission of Voting Results along with Scrutinizer Report in respect of Postal Ballot Notice dated March 17, 2026.23 Apr 2026 · AGM/EGM / Postal Ballot
Compliance Certificate under Reg 74(5) of SEBI(DP) Regulations, 2018 for the quarter ended March 31, 2026.7 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Notice - Special Window for Re-lodgment of Transfer requests for Physical Shares.2 Apr 2026 · Company Update / Newspaper Publication
Trading Window closure notice for the quarter and year ending 31 March 2026.25 Mar 2026 · Insider Trading / SAST / Closure of Trading Window

Board meetings

16 Oct 2026 Board Meeting - Financial Results
29 Jul 2026 Board Meeting - Financial Results