Indo Borax & Chemicals Reports FY 2025-26 Results, Recommends Dividends, and Approves Board Changes

Indo Borax & Chemicals Reports FY 2025-26 Results, Recommends Dividends, and Approves Board Changes​

Indo Borax & Chemicals Limited announced the outcomes of its Board of Directors meeting held on May 21, 2026. The board approved the audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026.

The company also recommended a Final Dividend of Rs. 10 per equity share and a Special Dividend of Rs. 30 per equity share for the financial year 2025-26. Both dividend recommendations are subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM).

Financial Performance and Results​

The Consolidated Statement of Assets and Liabilities for the year ended March 31, 2026, showed total assets of Rs. 40,487.22 lakhs, compared to Rs. 35,669.49 lakhs for the previous year. The total equity and liabilities stood at Rs. 40,487.22 lakhs.

The company’s overall financial picture was detailed across multiple statements provided by the board.

Key Consolidated Financial Metrics (Rs. in Lakhs):

Dividend Recommendations and Appointments​

During the board meeting, the following material corporate actions were approved:

• Dividend: The company recommended a Final Dividend of Rs. 10 per equity share and a Special Dividend of Rs. 30 per equity share for the financial year 2025-26.
• Internal Auditor Appointment: M/s. Shah Kapadia & Associates were appointed as the Internal Auditor for the Financial Year (FY) 2026-27.
• Cost Auditor Reappointment: M/s. V. B. Modi & Associates were re-appointed as the Cost Auditor for FY 2026-27, subject to ratification by the shareholders at the ensuing 45th AGM.
• Committee Reconstitution: The Nomination and Remuneration Committee (NRC) was re-constituted, with the revised members being Ms. Prajnapararnita Sarkqf (Chairperson), Mr. Prasad Parameswaranpillai Naga (Member), and Mr. Sunil Malhotra (Member).

Audit Opinion and Cash Flow Highlights​

The statutory auditors expressed an unmodified audit opinion on the audited standalone and consolidated financial results for the year ended March 31, 2026.

In the audit report, the auditors included an Emphasis of Matter regarding an inter corporate deposit classified as a loan of Rs. 5.09 Crores. This deposit was given to a party that has filed for corporate insolvency resolution under The Insolvency and Bankruptcy Code, 2016. The company has filed its claim as a financial creditor and is awaiting the outcome from the National Company Law Tribunal (NCLT). Due to the uncertainty in realizing this debt and pending NCLT decision, the company has not provided interest on the said loan for the financial year ended March 31, 2026.

Cash Flow from Operating Activities (Rs. in Lakhs):


The company’s total current assets stood at Rs. 32,446.31 lakhs as at March 31, 2026. Financial assets, including investments and trade receivables, were reported at Rs. 19,770.45 lakhs for the same period.

INDOBORAX Stock Price Movement​

Today, Indo Borax & Chemicals Limited shares rallied sharply, gaining 16.97% to settle at ₹321.6 today. The equity hit its 52-week high, with trading activity supported by a volume of 2.23 million shares.