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INDOFIL INDUSTRIES LIMITED

indofilcc.com
Active
Updated: 28 Oct 2024

The company manufactures chemicals , emulsifiers, fertilizers

Indofil Industries Limited, is an unlisted public company incorporated on 09 February, 1993. It is classified as a public limited company and is located in Mumbai, Maharashtra. It's authorized share capital is INR 50.00 cr and the total paid-up capital is INR 22.73 cr.

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Industry

Manufacturing (Chemicals and chemical products)
Products
  • Special performance chemicals, Insecticides, Leather coatings, Fungicide, Surfactants
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
-1.6%
₹ 2,831.2
EBITDA
1.82%
₹ 378.9
Net Profit
21.15%
₹ 229.8
Networth
12.59%
₹ 1,949.2
Borrowings
-40.97%
₹ 316.1
Assets
1.28%
₹ 2,836.9
Gross Margin
3.29
39.0 %
Operating Margin
0.44
13.6 %
Net Profit Margin
1.53
8.1 %
Return on Equity
0.83
11.8 %
ROCE
-1.41
18.4 %
Debt to Equity
-0.15
0.2
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (41)
State Type Address

location icon Locations on Map

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Tofler Score

Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • ROCE DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Peers / Similar Companies

Sharda Cropchem Limited Maharashtra
Gharda Chemicals Limited Maharashtra
Deccan Fine Chemicals (India) Private Limited Telangana
Matix Fertilisers And Chemicals Limited West Bengal
Crystal Crop Protection Limited Gujarat
Bayer Vapi Private Limited Gujarat

Peers

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 2,037.3 2,286.8 2,673.6 2,837.4 2,793.7
Operating profit 230.9 428.6 332.3 372.1 378.9
Net profit 67.2 128.8 175.8 189.7 229.8
Gross margin 43.3 47.0 40.1 35.8 39.0
Operating margin 11.3 18.7 12.4 13.1 13.6
Net margin 3.2 5.6 6.4 6.6 8.1
Networth 1,296.9 1,415.7 1,564.0 1,731.2 1,949.2
Borrowings 977.2 636.1 655.3 535.6 316.1
Assets 2,818.9 2,663.3 3,095.5 2,801.2 2,836.9
Debt to equity 0.8 0.5 0.4 0.3 0.2
Current ratio 1.4 1.5 1.5 1.9 2.2
ROE 5.2 9.1 11.2 11.0 11.8
Days payable 67.0 103.0 175.0 81.0 95.0
WC days 71.0 76.0 88.0 102.0 128.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 21.4 21.4 21.4 21.4 21.4
Reserves 1,275.6 1,394.4 1,542.7 1,709.9 1,927.9
Borrowings + 977.2 636.1 655.3 535.6 316.1
Long term borrowings 402.3 281.0 175.8 116.3 52.6
Short term borrowings 574.8 355.1 479.5 419.3 263.5
Trade payables + 211.4 341.0 768.0 403.8 442.0
Days payable 67.0 103.0 175.0 81.0 95.0
Other liabilities + 544.8 611.5 876.2 534.3 571.5
Other non-current liabilities 50.2 28.9 44.4 56.5 52.1
Other current liabilities 283.2 241.5 63.8 74.1 77.4
Total liabilities 2,818.9 2,663.3 3,095.5 2,801.2 2,836.9
Fixed Assets + 909.6 780.5 717.6 704.0 670.7
Tangible assets 719.0 670.2 616.5 589.0 587.1
CWIP 78.6 57.7 59.0 69.9 45.3
Intangible assets 112.0 52.6 42.1 45.1 38.3
LT loans and advances 0.4 8.6 0.1 0.2 0.1
Other non-current assets 442.1 458.0 423.3 407.6 405.3
Current assets + 1,466.8 1,416.2 1,954.5 1,689.4 1,760.7
Inventories 415.8 313.5 533.5 586.0 445.0
Trade receivables 812.8 775.6 844.5 827.3 905.5
Cash and cash equivalents 133.1 162.1 341.9 79.6 261.7
ST loans and advances - - - - -
Other current assets 105.1 165.0 234.5 196.4 148.5
Total assets 2,818.9 2,663.3 3,095.5 2,801.2 2,836.9
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 2,037.3 2,286.8 2,673.6 2,837.4 2,793.7
Sales growth % -7.08 12.24 16.91 6.13 -1.54
Expenses + 1,996.4 2,012.1 2,463.7 2,586.4 2,527.3
Cost of goods 1,154.7 1,212.5 1,602.6 1,823.1 1,703.1
Employee cost 193.6 184.2 197.7 174.3 191.8
Other costs 458.2 461.4 541.0 467.8 519.9
Operating profit + 230.9 428.6 332.3 372.1 378.9
Operating margin % 11.3 18.7 12.4 13.1 13.6
Other income 42.5 16.7 56.9 40.0 37.5
Interest 87.1 59.9 43.9 45.0 36.4
Depreciation 102.8 94.0 78.4 76.2 76.1
Exceptional items -31.4 -69.3 - -10.3 -
Profit before tax 52.0 222.1 266.8 290.9 303.9
Tax -15.2 93.4 91.0 90.9 74.1
Profit - disc. ops - - - - -
Net profit 67.2 128.8 175.8 189.7 229.8
Net margin % 3.2 5.6 6.4 6.6 8.1
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.8 0.5 0.4 0.3 0.2
Net Debt/Equity 0.7 0.3 0.2 0.3 0.0
Total Debt/Assets 0.3 0.2 0.2 0.2 0.1
Total Assets/Equity 2.2 1.9 2.0 1.6 1.5
Liquidity +
Current Ratio 1.4 1.5 1.5 1.9 2.2
Quick Ratio 1.0 1.2 1.1 1.2 1.7
Interest Coverage 2.6 7.2 7.6 8.3 10.4
Performance
Gross Margin 43.3 47.0 40.1 35.8 39.0
Operating Margin 11.3 18.7 12.4 13.1 13.6
Net Margin 3.2 5.6 6.4 6.6 8.1
Return +
Return on Equity 5.2 9.1 11.2 11.0 11.8
Pre-tax ROCE 9.8 26.6 18.6 19.8 18.4
Return on Assets 2.4 4.8 5.7 6.8 8.1
Pre-tax ROIC 6.0 17.7 13.5 13.5 15.1
Efficiency +
Days Payable 67.0 103.0 175.0 81.0 95.0
Days Inventory 131.0 94.0 122.0 117.0 95.0
Days Receivable 146.0 124.0 115.0 106.0 118.0
Fixed Asset Turnover 2.2 2.9 3.7 4.0 4.2
Total Asset Turnover 0.7 0.9 0.9 1.0 1.0
Working Capital
Cash Conversion Cycle 210.0 115.0 62.0 142.0 118.0
Working Capital Days 71.0 76.0 88.0 102.0 128.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

IDBI Trusteeship Services Limited

No. of Loans: 1

Total Amount : 1,226.9 cr

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Charges

IDBI Trusteeship Services Limited

People

Designation Name DIN/PAN Tenure
Director Kumaar Samir Modi
Shareholder
00029554 32 years
Whole-time Director Charu Modi 00029625 23 years
Managing Director Bina Modi
Shareholder
00048606 6 years
Director Vasu R Ariya 01869056 1 years
Director Ramakrishnan Srg 03156002 1 years
Director Ashwini Mehra 07084178 1 years
Director Aliya Modi 07472942 9 years
Nominee Director Mayur Maheshwari 08882590 5 years
CS Jayni Pravin Gada <HIDDEN> 2 years
Kmp Raghunath Prasad Panwar <HIDDEN> 1 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
INDO EURO INVESTMENT COMPANY PRIVATE LIM ITED
Amalgamated
6.5 Cr 2 Delhi
TOUCH WOOD INVESTMENT PRIVATE LIMITED
Amalgamated
9.9 Cr 3 Uttar Pradesh
JUNIORBUZZ.COM INDIA PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
MARKETING AND BRAND SOLUTIONS (INDIA) PR IVATE LIMITED
Amalgamated
1.0 L 2 Maharashtra
MODERN HOME CARE PRODUCTS LIMITED
Active
3.8 Cr 2 Delhi
SERENDIPITY ENTERPRISES PRIVATE LIMITED
Active
10.0 L 1 Delhi
SUCCESS PRINCIPLES INDIA LIMITED
Active
40.8 L 1 Madhya Pradesh
K K MODI INVESTMENT AND FINANCIAL SERVICES PRIVATE LIMITED
Active
73.6 Cr 3 Delhi
MODICARE SALES AND SERVICES LIMITED
Strike Off
5.1 L 1 Delhi
SERENDIPITY DESIGN PRIVATE LIMITED
Strike Off
1.0 L 1 Delhi
MODI REACH FINANCE AND INVESTMENT (INDIA ) LIMITED
Amalgamated
3.3 Cr 2 Delhi
BANARAS BHANG PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
INDIAN CRICKET LEAGUE LIMITED
Active
9.0 L 1 Delhi
MODI FILMS ENTERPRISES PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
MODI ENTERTAINERS NETWORKS PVT LTD
Strike Off
1.0 L 1 Delhi
MODI BRANDS PRIVATE LIMITED
Strike Off
1.0 L 1 Delhi
THE WALTZING VIENNA COFFEE AND MORE PRIVATE LIMITED
Strike Off
1.0 L 1 Delhi
MODIWAY TRADING PRIVATE LIMITED
Active
25.0 Cr 1 Delhi
SPBM TRAINING AND EVENTS INDIA PRIVATE LIMITED
Active
1.0 L 1 Delhi
COEARTH GLOBAL PRIVATE LIMITED
Active
1.0 L 1 Delhi
SKABIZ MARKETING SERVICES & SOLUTIONS PRIVATE LIMITED
Active
1.0 L 1 Delhi
TWENTY FOUR SEVEN RETAIL STORES PRIVATE LIMITED
Active
1.0 L 1 Delhi
MODICARE LIMITED
Active
4.9 Cr 1 Delhi
COLORBAR COSMETICS PRIVATE LIMITED
Active
152.4 Cr 1 Delhi
CHARU INVESTMENTS PRIVATE LIMITED
Active
7.2 Cr 2 Delhi
AUSTER WIP PRIVATE LIMITED
Active
15.0 L 1 Delhi
MODI STRATFORD ENTERPRISE MANAGEMENT PRIVATE LIMITED
Active
4.1 Cr 2 Delhi
GODFREY PHILLIPS INDIA LIMITED
Active
10.4 Cr 2 Maharashtra
BINA FASHIONS N FOOD PRIVATE LIMITED
Active
7.0 Cr 1 Delhi
SWASTH INVESTMENT PRIVATE LIMITED
Active
1.8 L 1 Uttar Pradesh
QUICK INVESTMENT (INDIA) LTD.
Active
12.5 L 1 Delhi
GOOD INVESTMENTS(INDIA)LTD.
Active
70.1 L 1 Delhi
PREMIUM MERCHANTS LIMITED
Active
1.6 Cr 1 Delhi
BEACON TRAVELS PRIVATE LIMITED
Active
6.0 L 1 Delhi
INDO BAIJIN CHEMICALS PRIVATE LIMITED
Active
85.6 Cr 2 Gujarat
TERACON CONSTRUCTION (INDIA) PRIVATE LIMITED.
Active
80.8 L 1 Delhi
ARYA MECHANICS PRIVATE LIMITED
Strike Off
100.0 1 Delhi
BAJAJ ECO - TEC PRODUCTS LIMITED
Amalgamated
81.5 Cr 1 Maharashtra
ARYA TECHNOLOGIES PRIVATE LIMITED
Strike Off
1.0 L 1 Delhi
TRAVTUS WORKFORCE PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
GRAVITAZ HOMES LLP
Defunct
1.0 L 1 Delhi
VOGATT LAND RESOURCES LLP
Active
5.0 L 1 Maharashtra
KURUP SERVICES PRIVATE LIMITED
Active
1.0 L 1 Kerala
DAVINTA FINSERV PRIVATE LIMITED
Under Liquidation
2.2 Cr 1 Karnataka
HEUBACH COLOUR PRIVATE LIMITED
Active
8.8 Cr 1 Gujarat
DAVINTA FINANCIAL SERVICES PRIVATE LIMITED
Active
57.2 Cr 1 Karnataka
SBI GLOBAL FACTORS LIMITED
Active
159.9 Cr 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
GOOD INVESTMENTS(INDIA)LTD. Delhi 1979 ₹ 70.1 L
QUICK INVESTMENT (INDIA) LTD. Delhi 1979 ₹ 12.5 L
INDO BAIJIN CHEMICALS PRIVATE LIMITED Gujarat 2011 ₹ 85.6 Cr
indofil bangladesh industries private limited Bangladesh - -
Indofil Industries Netherlands BV Netherlands - -
Indofil Industries (International) BV Netherlands - -
Indofil Costa Rica SA Costa Rica - -
Indofil Industries DO Brasil LTDA Brazil - -
Indofil Philippines, Inc. Philippines - -
Agrowin Biosciences S.R.L Italy - -
Indocoast International DMCC0 United Arab Emirates - -

Registered Details

CIN

U24110MH1993PLC070713

PAN

AABCI4568D

Incorporation

1993, 32.3 years

Company Email

jgada@indofil.com

Paid up Capital

₹ 22.7 Cr

Authorised Capital

₹ 50.0 Cr

AGM

Sep 2023

Type

Public
Non-government Company

FAQ - INDOFIL INDUSTRIES LIMITED

What is the incorporation date of INDOFIL INDUSTRIES LIMITED?

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The incorporation date of INDOFIL INDUSTRIES LIMITED is 09 February, 1993

What is the authorized share capital of INDOFIL INDUSTRIES LIMITED?

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The authorized share capital of INDOFIL INDUSTRIES LIMITED is INR ₹ 50.0 Cr.

What is the paid-up capital of INDOFIL INDUSTRIES LIMITED?

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The paid-up capital of INDOFIL INDUSTRIES LIMITED is INR ₹ 22.7 Cr.

What is the registered address of INDOFIL INDUSTRIES LIMITED?

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The registered address of INDOFIL INDUSTRIES LIMITED is KALPATARU SQUARE, 4TH FLOOR, OFF ANDHERI KURLA ROAD, ANDHE RI (EAST) NA MUMBAI Maharashtra - 400059

What is the CIN number of INDOFIL INDUSTRIES LIMITED?

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The CIN number of INDOFIL INDUSTRIES LIMITED is U24110MH1993PLC070713.

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