Indo Amines Limited

BSE: 524648 NSE: INDOAMIN
Indo Amines Limited - chemicals and materials in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN L99999MH1992PLC070022 Incorporated 17 December 1992 ROC Mumbai HQ Thane, Maharashtra, India
Active Listed - NSE: INDOAMIN · BSE: 524648 Public Limited Company chemicals and materials
Data last updated
Market Cap
₹915 Cr
INDOAMIN · NSE
Share Price
₹122.37
-2.93% today
Revenue
₹1,160 Cr
FY 2025-26 · +7.5% YoY
EBITDA
₹123 Cr
Margin 10.6%
Net Profit
₹79.32 Cr
FY 2025-26 · +43.5% YoY
P/E (TTM)
11.7x
P/B 2.4x
Authorised capital
₹51.14 Cr
Registered with MCA
Paid-up capital
₹36.29 Cr
Issued & subscribed

About Indo Amines Limited

Data last updated:

Indo Amines Limited is a public limited company based in Thane, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 17 December 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L99999MH1992PLC070022. Its GSTIN is 27AAACI1374A1Z3 (Maharashtra). The company holds 3 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 524648 and NSE: INDOAMIN.

The company has an authorised share capital of ₹51.14 Cr and a paid-up capital of ₹36.29 Cr. It is led by directors including Vijay Bhalchandra Palkar (Managing Director) and Rahul Vijay Palkar (Managing Director).

Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at W – 44 MIDC Phase II Dombivli (E) Dist Thane, Maharashtra, India – 421203.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,159.66 Cr, a growth of 7.5% compared to the previous year. For the same year it recorded a net profit of ₹79.32 Cr (net margin 6.8%) and EBITDA of ₹122.77 Cr (EBITDA margin 10.6%). The net worth stands at ₹392.34 Cr (up 23.8% YoY). Total assets are valued at ₹707 Cr (up 16.8% YoY).

The company has about 558 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 2 brands: Indo Amines Ltd and Indo Amines. As per MCA filings, the company has open charges of ₹636.94 Cr and satisfied charges of ₹201.05 Cr on record. Court records list 159 cases involving the company, including 88 filed by the company and 72 filed against it; 62 cases are pending. The company has 11 deals on record (11 market trades); the latest was in December 2024. Its 9 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 5 smaller; the largest is Grauer and Weil (India) Limited with revenue of ₹1,180.04 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,204 overdue payments to 72 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indoaminesltd.com.

Company details

CIN L99999MH1992PLC070022
Registration Number 070022
Incorporation Date 17 December 1992
ROC Mumbai
Listing Status Listed - Listed on NSE (INDOAMIN); Listed on BSE (524648)
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Key People
Vijay Bhalchandra Palkar Managing Director Rahul Vijay Palkar Managing Director Adhikrao Abaji Shingade Whole-Time Director

Contact details

Indo Amines Limited's registered office is in Thane, Maharashtra. Its website is indoaminesltd.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    indoaminesltd.com
  • Social Media
  • Registered Address
    W – 44 MIDC Phase II Dombivli (E) Dist Thane, Maharashtra, India – 421203
  • Industry
    Chemicals and Materials, Specialty Chemicals

To see the full contact details of Indo Amines Limited, buy the company report.

Comprehensive company report
Indo Amines Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Indo Amines operates two associated brands: Indo Amines Ltd and Indo Amines. Each brand links to its own profile.

BrandDescriptionWebsite
Indo Amines
Aliphatic and aromatic amines are manufactured by Indo Amines.indoaminesltd.com
Indo Amines Ltd
Chemical manufacturing, including fine, specialty, and performance chemicals for global markets.corechemicals.com

Business activity

The main business activity of Indo Amines is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Indo Amines Limited, buy the company report.

Financials of Indo Amines Limited

FY 2025-26 filings available

Indo Amines Limited reported revenue of ₹1,159.66 Cr (up 7.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,160 Cr
+7.5% YoY
EBITDA
₹123 Cr
+21.4% YoY
Profit After Tax
₹79.32 Cr
+43.5% YoY
Net Worth
₹392 Cr
+23.8% YoY
Total Assets
₹707 Cr
+16.8% YoY
Total Debt
₹311 Cr
+9.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,1601,079943945786541479
Revenue growth+7.5%+14.3%-0.2%+20.2%+45.4%+12.9%-
EBITDA12310180.1087.1252.2261.3342.14
EBITDA margin+10.6%+9.4%+8.5%+9.2%+6.6%+11.4%+8.8%
Profit before tax10676.9658.2756.8034.5248.9918.34
Net profit79.3255.2741.0240.4222.7737.4212.80
Net profit margin+6.8%+5.1%+4.4%+4.3%+2.9%+6.9%+2.7%
EPS (₹)10.797.615.895.723.2310.643.84
Balance sheet
Total assets707605483459397323280
Net worth392317264225188163135
Total debt311284217232207159143
Cash & bank22.2315.1520.5118.2623.6915.169.76
Net working capital347296248237183134130
Cash flow
Cash from operations78.8035.4069.8920.3615.4656.1838.75
Cash from investing(70.56)(82.36)(26.76)(29.83)(38.84)(49.66)(36.05)
Cash from financing(1.16)41.60(40.87)4.0331.92(1.12)(2.67)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue375318277277288285259269
Revenue growth (YoY)+30.3%+11.3%+7.2%+2.9%+8.6%---
Other income1.445.902.244.9115.520.282.395.29
EBITDA52.8034.2325.2631.9731.3224.8124.4124.03
EBITDA margin+14.1%+10.8%+9.1%+11.5%+10.9%+8.7%+9.4%+8.9%
Depreciation6.325.795.405.235.084.184.344.34
Interest6.255.665.826.066.205.675.705.56
Profit before tax41.6728.6816.2825.5935.5615.2416.7619.42
Tax10.938.174.427.486.713.395.465.63
Net profit30.7420.5111.8618.1128.8511.8511.3013.79
EPS (₹)4.192.731.622.503.941.681.551.91
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,1181,057925922780539472
Revenue growth+5.8%+14.2%+0.3%+18.2%+44.7%+14.2%-
EBITDA12110581.1883.1352.5956.0842.36
EBITDA margin+10.8%+10.0%+8.8%+9.0%+6.7%+10.4%+9.0%
Profit before tax10581.8859.5452.6335.1843.0718.67
Net profit79.7761.4142.8038.0024.8732.8013.77
Net profit margin+7.1%+5.8%+4.6%+4.1%+3.2%+6.1%+2.9%
EPS (₹)10.858.466.135.373.529.334.14
Balance sheet
Total assets699599471449391320277
Net worth390315258217183161132
Total debt306280212230206158142
Cash & bank16.1612.2514.6213.2318.9211.125.34
Net working capital347297242231180132128
Cash flow
Cash from operations73.1338.6369.4619.17(7.43)53.2737.48
Cash from investing(68.50)(83.92)(24.59)(28.06)(36.17)(49.89)(35.04)
Cash from financing(0.72)42.91(43.74)3.2051.402.40(3.65)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue367311269267271278256268
Revenue growth (YoY)+35.6%+11.7%+4.8%-0.4%+7.1%---
Other income1.445.822.314.7615.560.422.265.26
Total expenses315277243233244255227242
EBITDA51.8333.9625.7434.1327.3623.5829.2025.99
EBITDA margin+14.1%+10.9%+9.6%+12.8%+10.1%+8.5%+11.4%+9.7%
Depreciation6.145.655.275.104.964.064.254.20
Interest6.095.535.685.926.065.565.515.41
Profit before tax41.0428.6017.1027.8731.9014.3821.7021.64
Tax10.417.824.247.256.423.395.385.51

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 25 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue375318277277288285259269
Revenue growth (YoY)+30.3%+11.3%+7.2%+2.9%+8.6%---
Other income1.445.902.244.9115.520.282.395.29
EBITDA52.8034.2325.2631.9731.3224.8124.4124.03
EBITDA margin+14.1%+10.8%+9.1%+11.5%+10.9%+8.7%+9.4%+8.9%
Depreciation6.325.795.405.235.084.184.344.34
Interest6.255.665.826.066.205.675.705.56
Profit before tax41.6728.6816.2825.5935.5615.2416.7619.42
Tax10.938.174.427.486.713.395.465.63
Net profit30.7420.5111.8618.1128.8511.8511.3013.79
EPS (₹)4.192.731.622.503.941.681.551.91
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,1601,079943945786541479
Revenue growth+7.5%+14.3%-0.2%+20.2%+45.4%+12.9%-
Other income28.5715.1515.704.2310.368.066.58
Total expenses1,037978863858734479437
Employee cost0.0050.6039.6132.6227.5723.8723.82
EBITDA12310180.1087.1252.2261.3342.14
EBITDA margin+10.6%+9.4%+8.5%+9.2%+6.6%+11.4%+8.8%
Depreciation21.4917.0415.2717.3114.0911.1819.52
Interest23.7422.3022.2617.2413.979.2210.86
Profit before tax10676.9658.2756.8034.5248.9918.34
Tax26.7921.0515.2915.9111.4711.455.52
Net profit79.3255.2741.0240.4222.7737.4212.80
Net profit margin+6.8%+5.1%+4.4%+4.3%+2.9%+6.9%+2.7%
EPS (₹)10.797.615.895.723.2310.643.84
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital36.2936.2936.2935.3535.3535.3533.35
Reserves & surplus35628122819015212799.51
Shareholders' funds (net worth)392317264225188163135
Minority interest1.430.650.240.440.21(0.37)(0.56)
Secured loans305283217232207159142
Unsecured loans5.861.850.010.000.620.060.75
Total debt311284217232207159143
Total liabilities707605483459397323280
Assets
Gross block514436383357324253234
Net block325265209198182125117
Capital work in progress31.3035.0922.5820.5022.4654.2723.73
Investments2.722.872.350.360.090.090.09
Inventories17814011413612387.8481.78
Sundry debtors28225521818716713195.77
Cash & bank balances22.2315.1520.5118.2623.6915.169.76
Loans & advances46.4253.0441.9631.1726.7130.2124.01
Total current assets528463394373340265211
Total current liabilities18116714613515813081.19
Net working capital347296248237183134130
Total assets707605483459397323280
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash15.1520.5118.2623.6915.169.769.74
Net cash from operating activities78.8035.4069.8920.3615.4656.1838.75
Net cash from investing activities(70.56)(82.36)(26.76)(29.83)(38.84)(49.66)(36.05)
Net cash from financing activities(1.16)41.60(40.87)4.0331.92(1.12)(2.67)
Net change in cash7.08(5.36)2.26(5.44)8.535.400.03
Closing cash22.2315.1520.5118.2623.6915.169.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+7.5%+14.3%-0.2%+20.2%+45.4%+12.9%-
EBITDA growth+21.4%+26.3%-8.1%+66.8%-14.9%+45.5%-
PBT growth+37.9%+32.1%+2.6%+64.5%-29.5%+167.1%-51.7%
Net income growth+43.5%+34.7%+1.5%+77.5%-39.2%+192.3%-
Revenue CAGR (3Y)+7.1%+11.1%+20.4%+25.4%+14.2%+15.0%+18.9%
EBITDA CAGR (3Y)+12.1%+24.7%+9.3%+27.4%-1.9%+14.5%+5.5%
Profitability & leverage
Net income margin+6.8%+5.2%+4.6%+4.3%+2.9%+7.0%+2.7%
Return on capital employed-+18.3%+17.1%+17.4%+13.5%+19.4%+10.9%
Return on net worth-+19.2%+17.6%+19.9%+13.3%+25.5%+10.0%
Debt / equity-0.860.921.071.051.031.07
Long-term debt / equity-0.240.240.270.300.300.24
Interest cover23.4426.5134.3424.7036.6418.3848.01
Efficiency & per share
Fixed asset turnover-2.642.562.792.732.232.15
Inventory turnover-8.507.567.327.476.376.48
Debtors turnover-4.574.665.335.264.764.59
EPS (₹)10.797.615.895.723.2310.643.84
Dividend per share (₹)0.500.500.500.500.501.101.00
Book value per share (₹)0.0043.6536.4131.6826.3245.6739.42
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue367311269267271278256268
Revenue growth (YoY)+35.6%+11.7%+4.8%-0.4%+7.1%---
Other income1.445.822.314.7615.560.422.265.26
Total expenses315277243233244255227242
EBITDA51.8333.9625.7434.1327.3623.5829.2025.99
EBITDA margin+14.1%+10.9%+9.6%+12.8%+10.1%+8.5%+11.4%+9.7%
Depreciation6.145.655.275.104.964.064.254.20
Interest6.095.535.685.926.065.565.515.41
Profit before tax41.0428.6017.1027.8731.9014.3821.7021.64
Tax10.417.824.247.256.423.395.385.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,1181,057925922780539472
Revenue growth+5.8%+14.2%+0.3%+18.2%+44.7%+14.2%-
Other income28.4514.8615.053.6310.287.116.39
Total expenses997951844839728483430
Employee cost0.0044.5336.4431.8326.9723.4523.40
EBITDA12110581.1883.1352.5956.0842.36
EBITDA margin+10.8%+10.0%+8.8%+9.0%+6.7%+10.4%+9.0%
Depreciation20.9716.5714.9917.1213.9611.0619.43
Interest23.1921.7021.7017.0113.739.0610.65
Profit before tax10581.8859.5452.6335.1843.0718.67
Tax25.7220.4815.0414.6110.2710.094.89
Net profit79.7761.4142.8038.0024.8732.8013.77
Net profit margin+7.1%+5.8%+4.6%+4.1%+3.2%+6.1%+2.9%
EPS (₹)10.858.466.135.373.529.334.14
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital36.2936.2936.2935.3535.3535.3533.35
Reserves & surplus35427922118214812597.10
Shareholders' funds (net worth)390315258217183161132
Secured loans300278212230206156142
Unsecured loans5.861.850.010.000.002.930.00
Total debt306280212230206158142
Total liabilities699599471449391320277
Assets
Gross block503428377352322251232
Net block315257203194180123115
Capital work in progress29.9832.2719.3017.5419.6753.7023.73
Investments5.405.595.063.072.812.811.13
Inventories15211999.1111498.0177.2176.10
Sundry debtors307276222202185133107
Cash & bank balances16.1612.2514.6213.2318.9211.125.34
Loans & advances38.9444.9145.3132.8124.6931.3727.17
Total current assets514452381362327253216
Total current liabilities16615514013214612188.29
Net working capital347297242231180132128
Total assets699599471449391320277
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash12.2514.6213.4918.9211.125.346.54
Net cash from operating activities73.1338.6369.4619.17(7.43)53.2737.48
Net cash from investing activities(68.50)(83.92)(24.59)(28.06)(36.17)(49.89)(35.04)
Net cash from financing activities(0.72)42.91(43.74)3.2051.402.40(3.65)
Net change in cash3.91(2.37)1.13(5.68)7.805.78(1.20)
Closing cash16.1612.2514.6213.2318.9211.125.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+5.8%+14.2%+0.3%+18.2%+44.7%+14.2%-
EBITDA growth+15.1%+29.7%-2.4%+58.1%-6.2%+32.4%-
PBT growth+28.8%+37.5%+13.1%+49.6%-18.3%+130.7%-48.7%
Net income growth+29.9%+43.5%+12.6%+52.8%-24.2%+138.2%-
Revenue CAGR (3Y)+6.6%+10.6%+19.7%+25.0%+14.0%+15.8%+19.4%
EBITDA CAGR (3Y)+13.4%+26.0%+13.1%+25.2%-0.6%+13.1%+7.6%
Profitability & leverage
Net income margin+7.1%+5.8%+4.8%+4.1%+3.2%+6.1%+2.9%
Return on capital employed-+19.4%+17.7%+16.6%+13.8%+17.5%+11.1%
Return on net worth-+21.5%+18.8%+19.1%+14.6%+22.7%+10.9%
Debt / equity-0.860.931.101.071.031.08
Long-term debt / equity-0.230.240.270.300.300.24
Interest cover23.1424.4632.7825.7735.5420.1246.45
Efficiency & per share
Fixed asset turnover-2.632.542.752.742.252.13
Inventory turnover-9.688.688.698.917.046.83
Debtors turnover-4.244.364.764.904.494.21
EPS (₹)10.858.466.135.373.529.334.14
Dividend per share (₹)0.500.500.500.500.501.101.00
Book value per share (₹)0.0043.4235.4530.5425.6945.0838.70

To see the full year-wise statements and ratios of Indo Amines Limited, buy the company report.

Board of directors and KMP of Indo Amines Limited

Indo Amines Limited currently reports 15 directors and 2 key managerial personnel. 24 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Rahul Sharad Chitnis
Also directs: Chitnis Desai LLP, Akshayvat Machine Intelligence Private Limited, Securys Data Protection Private Limited
Additional Director15 Jul 20260 Years 3 MonthsCurrent
Suniti Sagar ThombreCfo10 Nov 20232 Years 11 MonthsCurrent
Satish Madhukar ChitaleDirector30 May 20188 Years 4 MonthsCurrent
Adhikrao Abaji ShingadeWhole-Time Director28 Jun 20215 Years 3 MonthsCurrent
Tripti Mahesh Sharma
Also directs: United Vander Horst Ltd, Max Spare Limited
Company Secretary15 Feb 201610 Years 8 MonthsCurrent
Dhawal Jitendra VoraDirector10 Aug 20233 Years 2 MonthsCurrent
Showing 6 of 17 current directors and KMP. View all directors and KMP

Peer comparison

Indo Amines Limited is compared with the 9 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Grauer and Weil (India) Limited₹1,180.04 Cr (FY 2025)7.0%Mumbai, Maharashtra, India
Hemani Industries Limited₹1,166.06 Cr (FY 2025)2.0%Mumbai, Maharashtra, India
Indo Amines Limitedthis company₹1,159.66 Cr (FY 2026)₹79.32 Cr6.8%7.5%558Thane, Maharashtra, India
Sami-Sabinsa Group Limited₹1,137 Cr (FY 2025)-6.0%Bangalore, Karnataka, India
PCBL (TN) Limited₹1,136.78 Cr (FY 2025)122.0%Kolkata, West Bengal, India
Gacl-Nalco Alkalies & Chemicals Private Limited₹1,089.97 Cr (FY 2025)37.0%Vadodara, Gujarat, India
Performance Specialty Products (India) Private Limited₹1,082.8 Cr (FY 2025)5.0%Gurgaon, Haryana, India
Acutaas Chemicals Limited₹1,023.8 Cr (FY 2025)41.0%Surat, Gujarat, India
Prasol Chemicals Limited₹1,015.53 Cr (FY 2025)14.0%Navi Mumbai, Maharashtra, India
Cohizon Life Sciences Limited₹1,008.66 Cr (FY 2025)-9.0%Mumbai, Maharashtra, India

To see the full peer comparison of Indo Amines Limited, buy the company report.

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 58.40%, foreign institutional investors hold 0.10%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 41.50%.

Promoters: 58.40%FII (Foreign Institutional): 0.10%Retail & Others: 41.50%
Sep 2026
QUARTER
58.40% Promoters
0.10% FII (Foreign Institutional)
41.50% Retail & Others
Promoter holding - history
Now 58.40% · Sep 2026High 58.40% · Dec 2025Low 58.40% · Dec 2025
57%57.8%58.5%59.3%60%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 58.40%Mar 2026: 58.40%Jun 2026: 58.40%Sep 2026: 58.40%58.40%58.40%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters58.40%58.40%58.40%58.40%
Public41.60%41.60%41.60%41.60%

Charges & borrowings

Open charges
₹636.94 Cr
Satisfied charges
₹201.05 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹282.26 Cr
Citi Bank N.A.₹115.00 Cr
Axis Bank Limited₹77.28 Cr
Yes Bank Limited₹46.92 Cr
Others₹46.53 Cr
Others₹68.94 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Aug 2026101376022Others₹15.5 LakhOpen
20 May 2026101300988Hdfc Bank Limited₹28 CrOpen
27 Apr 2026101289681Hdfc Bank Limited₹19.39 LakhOpen
27 Apr 2026101290310Hdfc Bank Limited₹19.39 LakhOpen
22 Mar 2026101265586Citi Bank N.A.₹15 CrOpen

To see the full charge records of Indo Amines Limited, buy the company report.

Total charge records: 92 View all charges

Deals & funding

Indo Amines Limited has 11 deals on record (11 market trades); the latest was in December 2024.

Total deals
11
Market trades
11

Deals on record (5 of 11)

WhenDealAmountParties
Dec 2024Market trade₹7.3 CrBuyer: Hrti Private Limited
Seller: Hrti Private Limited
Sep 2024Market trade₹71.17 CrBuyer: Hrti Private Limited , Aakraya Research LLP , Graviton Research Capital LLP
Seller: Hrti Private Limited , Aakraya Research LLP , Graviton Research Capital LLP
Sep 2024Market trade₹7.81 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Aug 2024Market trade₹10.06 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Aug 2024Market trade₹9.48 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP

To see the full deal history of Indo Amines Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Indo Amines Limited was last rated by Crisil on 23 Oct 2019.

Rating agencyRated onRating
Crisil23 Oct 2019

To see the full credit ratings and regulatory alerts of Indo Amines Limited, buy the company report.

MSME payment delays

Indo Amines Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,204 overdue payments to 72 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 72)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
Recycling Solutions Private Limited
Om Air

To see the full MSME payment records of Indo Amines Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Indo Amines has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Indo Speciality Chemicals Private LimitedU74999MH1986PTC039446

To see the full group structure of Indo Amines Limited, buy the company report.

Employees & EPFO

Indo Amines Limited has a workforce of 558 employees on its EPFO records as of Oct 01, 2024, across 2 active EPFO establishments.

Employee count
558
Active EPFO establishments
2
Employee growth
7.31%

GST

Indo Amines has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AAACI1374A1Z3MaharashtraActive01 Jul 2017
24AAACI1374A1Z9GujaratActive01 Jul 2017
29AAACI1374A1ZZKarnatakaActive01 Dec 2017

To see the full GST registrations and return filing status of Indo Amines Limited, buy the company report.

Recent activity

Indo Amines Limited has 38 board changes on record since 1994: 17 appointments and 21 cessations. The latest: Rahul Sharad Chitnis was appointed as Additional Director on 15 Jul 2026.

Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 101376022 was registered on 19 Aug 2026.
Appointed
Rahul Sharad Chitnis was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 28.00 Cr with Charge ID 101300988 was registered on 20 May 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 101289681 was registered on 27 Apr 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 101290310 was registered on 27 Apr 2026.
Charges
A charge with Others of Rs. 7.44 Cr registered on 19 Mar 2025 with Charge ID 101071465 was modified on 21 Apr 2026.
Filing
Indo Amines Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai Ii.
Charges
A charge with Citi Bank N.A. amounted to Rs. 15.00 Cr with Charge ID 101265586 was registered on 22 Mar 2026.
Charges
A charge registered on 30 Sep 2020 via Charge ID 100391850 with Others was fully satisfied on 11 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 101204217 was registered on 02 Dec 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 18 Sep 2025 with Charge ID 101166410 was modified on 02 Dec 2025.
Charges
A charge with Citi Bank N.A. of Rs. 100.00 Cr registered on 16 Jun 2022 with Charge ID 100586791 was modified on 14 Nov 2025.

202 earlier events are in the company report.

News

Indo Amines: Gets Conditional Go-Ahead to Restart Mahad Operations, Excluding TBU Production, Dependent on Following MPCB Rules.
17 Oct 2026 · Exchange Update

Frequently asked questions

Indo Amines is an active public limited company based in Thane, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 17 December 1992 (34+ years old) and is registered under CIN L99999MH1992PLC070022. Listed on BSE: 524648 and NSE: INDOAMIN.

Indo Amines reported revenue of ₹1,159.66 Cr for FY 2025-26 (up 7.5% YoY) based on consolidated financials.

Indo Amines has 17 current directors and KMP:

The latest financial statements of Indo Amines on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Indo Amines is 27AAACI1374A1Z3, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AAACI1374A1Z9 (Gujarat), 29AAACI1374A1ZZ (Karnataka).

The CIN (Corporate Identification Number) of Indo Amines is L99999MH1992PLC070022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Indo Amines is a listed company as per MCA records. Its shares are listed on both BSE (code: 524648) and NSE (symbol: INDOAMIN).

Indo Amines has 159 court cases on record: 88 filed by the company and 72 filed against it. 62 are pending. Most are in the district courts.

Indo Amines was incorporated on 17 December 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.

Indo Amines has 11 deals on record (11 market trades); the latest was in December 2024.

The peers of Indo Amines by revenue are Grauer and Weil (India) Limited, Hemani Industries Limited, Sami-Sabinsa Group Limited, PCBL (TN) Limited, Gacl-Nalco Alkalies & Chemicals Private Limited and 4 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Rahul Sharad Chitnis was appointed as Additional Director on 15 Jul 2026. Tejaswini Shirish Dalvi was appointed as Director on 29 May 2025. Saji Jose was appointed as Whole-Time Director on 01 Jun 2024. Indo Amines has 38 board changes on record in total.