Indo Borax and Chemicals Ltd, India’s leading manufacturer of boron-based chemicals, has reported net profit of Rs. 14.53 crore in Q4 FY26. 

The company has delivered a robust performance, clocking operating revenues of Rs. 63.01 crore in Q4 FY26, representing a 25.7% increase over Q4 FY25. EBITDA for the quarter was up 25.7% while net profit improved by 41.9%.  

The company delivered a strong performance in Q4 FY26, supported by robust execution, improved capacity utilisation, and higher realisation amid steady orders across domestic markets. The scale and efficiency play led to improved margins at both EBIDTA and PAT levels for the quarter.

The company’s FY26 operating revenues registered a 22.9% increase to Rs. 215.45 crore as compared to Rs. 175.26 crore in FY25. The company’s EBIDTA and PAT margins stood at 20.5% and 21.8%, respectively, reflecting sustained efforts to maintain them amid uncertain geopolitical conditions. The company continued to expand its clientele and, with improved capacity utilisation, addressed the higher demand for its products. The company’s capacity utilisation for FY26 also improved, owing to plant-balancing initiatives undertaken during the year. 

The board also announced a final dividend of Rs. 10 per equity share (face value of Re. 1 each) – amounting to 1,000%- citing growth in performance, near-zero debt, and healthy reserves at the company.

Owing to the recent change in the company's management, several efficiency-enhancing measures unlocked value from certain non-core assets, resulting in an additional, one-time reward (special dividend) of Rs. 30 per equity share (amounting to 3,000%) for shareholders. The company is committed to a stated dividend policy to sustain future value creation. 

Commenting on the financial results, Suresh Kalra, Managing Director & CEO, Indo Borax said, “This financial year has been a transformational year for Indo Borax, marked by resilient financial performance, ongoing strategic expansion initiatives, and above all, setting our sights on a promising future. The broad themes of Aatmnirbhar Bharat and Make in India deeply resonate with the potential of the company, and having built a credible team, efficient manufacturing prowess, and demonstrated fiscal discipline, we remain committed to delivering long-term value to all stakeholders.”