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Indofil Industries Limited is a specialty chemicals manufacturer that focuses on the production of rubber chemicals and performance additives. It offers a diverse range of products, including accelerators, antioxidants, and processing aids, serving industries such as rubber, plastic, and agriculture, while emphasizing quality and sustainability in its solutions.
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 , 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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** All rupee values in INR crores. Based on March 2024 numbers.
* GST not included
** Reports & MCA filings will be based on the latest available financials.
** Delivery timelines are on best-effort basis during working hours. Filings 3-4 hours. Reports 24-48 hours.
* INR 349 for 20+ credits purchase
1 credit = one company dashboard
| State | Type | Address |
|---|
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Managing Director | Bina Modi
Shareholder
|
00048606 | 6 years |
| Nominee Director | Mayur Maheshwari | 08882590 | 5 years |
| Director | Kumaar Samir Modi
Shareholder
|
00029554 | 33 years |
| Whole-time Director | Charu Modi | 00029625 | 24 years |
| Director | Aliya Modi | 07472942 | 10 years |
| Additional Director | Ashwini Mehra | 07084178 | 2 years |
| Director | Vasu R Ariya | 01869056 | 1 years |
| Director | Ramakrishnan Srg | 03156002 | 2 years |
| 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 |
| 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 |
| 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 |
| 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 |
IDBI Trusteeship Services Limited
No. of Loans: 1
Total Amount : 1,226.9 cr
| 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 | - | - |
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The incorporation date of INDOFIL INDUSTRIES LIMITED is 09 February, 1993
The authorized share capital of INDOFIL INDUSTRIES LIMITED is INR ₹ 50.0 Cr.
The paid-up capital of INDOFIL INDUSTRIES LIMITED is INR ₹ 22.7 Cr.
The registered address of INDOFIL INDUSTRIES LIMITED is KALPATARU SQUARE, 4TH FLOOR, OFF ANDHERI KURLA ROAD, ANDHERI (EAST), MUMBAI, Maharashtra, India, 400059 - 400059
The CIN number of INDOFIL INDUSTRIES LIMITED is U24110MH1993PLC070713.