Indian Emulsifiers Ltd
IEML NSE
Indian Emulsifiers Ltd
ChemicalsNSE: IEML Specialty Chemicals
Key Fundamentals
SMESpecialty ChemicalsChemicalsMarket Cap
₹75.90 Cr
Volatility
Moderate
P/E Ratio
4.6
EBITDA
₹25.85 Cr
Return on Equity
16.21%
Debt to Equity
0.37
Book Value
₹80.21
52W High
₹199.6
52W Low
₹37.8
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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50 extracted metrics + investor summaries across FY21–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Stock is trading at 0.50 times its book value
Weaknesses
2- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 32.6%
Growth Rate
Revenue Growth
55.62% ↗
Net Income Growth
24.66% ↗
Cash Flow Change
-4828.57% ↘
ROE
-47.76% ↘
ROCE
-32.60% ↘
EBITDA Margin (Avg.)
-21.27% ↗
Quarterly Results
| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 35 | 32 | 52 | 50 | 77 | 83 |
| Expenses | 29 | 23 | 41 | 40 | 62 | 72 |
| Operating Profit | 6 | 8 | 10 | 9 | 15 | 11 |
| OPM % | 19% | 26% | 20% | 19% | 20% | 13% |
| Other Income | 0 | 0 | 1 | 0 | 0 | 0 |
| Interest | 1 | 1 | 2 | 1 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 |
| PBT | 5 | 6 | 9 | 8 | 12 | 7 |
| Tax % | 18% | 19% | 18% | 20% | 17% | 21% |
| Net Profit | 4 | 5 | 7 | 6 | 10 | 6 |
| EPS in Rs | 4.24 | 3.71 | 3.81 | 3.45 | 5.61 | 3.23 |
Profit & Loss
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 0 | 18 | 41 | 67 | 101 | 160 |
| Expenses | 0 | 17 | 33 | 52 | 82 | 134 |
| Operating Profit | 0 | 1 | 8 | 15 | 20 | 26 |
| OPM % | — | 4.5% | 19% | 22% | 19% | 16% |
| Other Income | 0 | 0 | 0 | 0 | 1 | 0 |
| Interest | 0 | 0 | 2 | 2 | 2 | 4 |
| Depreciation | 0 | 0 | 1 | 2 | 2 | 3 |
| PBT | 0 | 0 | 5 | 11 | 16 | 20 |
| Tax % | — | 67% | 16% | 18% | 19% | 18% |
| Net Profit | 0 | 0 | 4 | 9 | 13 | 16 |
| EPS in Rs | — | 0.04 | 4.32 | 6.53 | 7.27 | 8.84 |
| Div. Payout % | — | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 6 | 6 | 9 | 12 | 18 |
| Reserves | 0 | 0 | 4 | 19 | 70 | 129 |
| Borrowings | 1 | 13 | 22 | 24 | 26 | 55 |
| Other Liabilities | 0 | 0 | 2 | 12 | 10 | 33 |
| Total Liabilities | 1 | 19 | 34 | 64 | 117 | 235 |
| Fixed Assets | 0 | 10 | 13 | 17 | 19 | 53 |
| CWIP | 0 | 0 | 0 | 3 | 21 | 23 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1 | 9 | 22 | 44 | 77 | 159 |
| Total Assets | 1 | 19 | 34 | 64 | 117 | 235 |
Cash Flow
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Operating | 0 | -6 | 0 | 0 | -17 | -28 |
| Investing | 0 | -2 | 0 | -8 | -24 | -39 |
| Financing | 0 | 8 | 0 | 8 | 40 | 75 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 7 |
| Free Cash Flow | 0 | -16 | -4 | -9 | -39 | -66 |
| CFO/OP | — | -720 | 3 | 8 | -74 | -96 |
Ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | — | 60 | 71 | 101 | 110 | 131 |
| Inventory Days | — | 32 | 106 | 162 | 185 | 191 |
| Days Payable | — | 0 | 11 | 69 | 33 | 78 |
| Cash Conversion Cycle | — | 92 | 166 | 195 | 263 | 245 |
| Working Capital Days | — | 125 | 97 | 115 | 172 | 201 |
| ROCE % | — | 6% | 26% | 31% | 24% | 15% |
Documents
1
Monitoring Agency Report
14 Aug - No deviation in Rs. 48.88 crore rights issue proceeds; Rs. 2.87 crore delayed, to be used by December 31, 2026. 14 Aug - No deviation in Rs. 48.88 crore rights issue proceeds; Rs. 2.87 crore delayed, to be used by December 31, 2026.
2
Press Release
20 Jul - IEML secured two U.S. export orders worth $700,621 (₹6.75 crore) for immediate execution. 20 Jul - IEML secured two U.S. export orders worth $700,621 (₹6.75 crore) for immediate execution.
3
Bagging/Receiving of orders/contracts
17 Jul - Secured two export orders worth USD 700,621 from a US customer for immediate execution. 17 Jul - Secured two export orders worth USD 700,621 from a US customer for immediate execution.
4
Certificate under SEBI (Depositories and Participants) Regulations, 2018
3 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026. 3 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026.
5
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
3 Jul - Indian Emulsifiers says corporate governance report not applicable for quarter ended June 30, 2026. 3 Jul - Indian Emulsifiers says corporate governance report not applicable for quarter ended June 30, 2026.
Frequently Asked Questions about Indian Emulsifiers Ltd
What does Indian Emulsifiers Ltd do?
Incorporated in 2020, Indian Emulsifiers
Ltd is in the business of Manufacturing
and Supplying of Speciality Chemicals[1]
Where is Indian Emulsifiers Ltd (IEML) listed?
Indian Emulsifiers Ltd is listed on the Indian stock exchanges. It is listed on NSE: IEML. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Indian Emulsifiers Ltd belong to?
Indian Emulsifiers Ltd operates in the Chemicals sector within the Specialty Chemicals industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Indian Emulsifiers Ltd?
Indian Emulsifiers Ltd has a market capitalisation of approximately ₹75.90 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Indian Emulsifiers Ltd?
The Price-to-Earnings (PE) ratio of Indian Emulsifiers Ltd is 4.60. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Indian Emulsifiers Ltd?
Over the past 52 weeks, Indian Emulsifiers Ltd has traded between a low of ₹37.8 and a high of ₹199.6. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Indian Emulsifiers Ltd?
Indian Emulsifiers Ltd has a Return on Equity (ROE) of 16.21%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Indian Emulsifiers Ltd on Tapetide?
On Tapetide, you can view Indian Emulsifiers Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2020, Indian Emulsifiers Ltd is in the business of Manufacturing and Supplying of Speciality Chemicals[1]