Indian Emulsifiers LimitedIEMLCorporate

Chemicals Latest results: Mar 2026 6 quarters of data

₹41.20

MCap ₹76 Cr · P/E 4.6

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🏭 Chemicals sector

AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹83 Cr

Sales · Mar 2026

+66.0% YoY

₹11 Cr

Operating Profit · Mar 2026

+22.2% YoY

13.3%

OPM % · Mar 2026

-26.1% YoY

₹6 Cr

Net Profit · Mar 2026

+0.0% YoY

₹3.23

EPS · Mar 2026

-6.4% YoY

📝 Indian Emulsifiers Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Indian Emulsifiers Limited reported revenue of ₹83 crore for the quarter ended March 2026 (Q4 FY26), up 66.0% from ₹50 crore in the same quarter last year.

Net profit was flat year-on-year at ₹6 crore. Earnings per share (EPS) came in at ₹3.23.

Operating profit stood at ₹11 crore — an operating margin (OPM) of 13.3%, compared with 18.0% in the year-ago quarter.

Full year and trailing twelve months

On a trailing-twelve-month (TTM) basis, revenue stands at ₹160 crore with a net profit of ₹16 crore.

Valuation snapshot

At the current price of ₹41.20, IEML has a market capitalisation of ₹76 crore and a trailing P/E of about 4.6.

Within the Chemicals industry, it is the 25th-largest of the 79 companies we track by market value.

Shareholding pattern

As of Mar 2026, promoters held 32.64%, foreign institutional investors (FIIs) 2.00%, domestic institutional investors (DIIs) 3.29%, public shareholders 62.08% of Indian Emulsifiers Limited.

Promoter holding rose from 32.57% to 32.64% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹76 Cr

Current Price ?

₹41.2

P/E ?

4.64below ind

Industry P/E ?

24.60

P/B ?

0.51

P/S ?

0.47

P/FCF ?

-1.14

Enterprise Value ?

₹131 Cr

EV/EBITDA ?

5.00

PEG ?

0.08

Earnings Yield ?

17.6%

Dividend Yield ?

0.00%

Profitability & Returns

Sales (TTM) ?

₹160 Cr

OPM ?

16.3%

Profit after tax (TTM) ?

₹16 Cr

EPS (TTM) ?

₹8.87

ROCE ?

15.0%

ROE ?

11.1%

ROA ?

6.9%

Growth

Sales — latest qtr ?

₹83 Cr

PAT — latest qtr ?

₹6 Cr

YoY qtr sales growth ?

66.0%

YoY qtr profit growth ?

0.0%

Sales growth (3y) ?

57%

Sales growth (5y) ?

N/A

Profit growth (3y) ?

61%

Profit growth (5y) ?

N/A

Financial Health

Debt ?

₹55 Cr

Debt to Equity ?

0.37

Interest Coverage ?

N/A

Current Ratio ?

N/A

Ownership

Promoter holding ?

32.64%

Change in promoter holding ?

-15.47%

Pledged percentage ?

N/A

Market

Return 3 months ?

1.9%

Return 6 months ?

-53.0%

🗓️ Quarterly results (6 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Mar 2026	YoY %	QoQ %
Sales	35	32	52	50	77	83	+66.0%	—
Operating Profit	6	8	10	9	15	11	+22.2%	—
Other Income	0	0	1	0	0	0	—	—
Interest	1	1	2	1	2	2	+100.0%	—
Depreciation	1	1	1	1	1	2	+100.0%	—
Profit Before Tax	5	6	9	8	12	7	-12.5%	—
Net Profit	4	5	7	6	10	6	+0.0%	—
EPS	4.24	3.71	3.81	3.45	8.40	3.23	-6.4%	—
OPM %	17.1%	25.0%	19.2%	18.0%	19.6%	13.3%	-26.1%	—

📆 Annual results (₹ Cr, FY = Apr–Mar)

Annual rollup not yet available We need at least 3 quarters of a fiscal year to compute annual figures. This symbol does not yet have a complete fiscal year in our database.

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Equity Capital	6	9	12	18	+50.0%
Reserves	4	19	70	129	+84.3%
Borrowings	22	24	26	55	+111.5%
Other Liabilities	2	12	10	33	+230.0%
Total Liabilities	34	64	117	235	+100.9%
Fixed Assets	13	17	19	53	+178.9%
CWIP	0	3	21	23	+9.5%
Investments	0	0	0	0	—
Other Assets	22	44	77	159	+106.5%
Total Assets	34	64	117	235	+100.9%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Cash from Operating Activity	0	0	-17	-28	-64.7%
Cash from Investing Activity	-0	-8	-24	-39	-62.5%
Cash from Financing Activity	0	8	40	75	+87.5%
Net Cash Flow	0	0	-0	7	—
Free Cash Flow	-4	-9	-39	-66	-69.2%
CFO/OP	3%	8%	-74%	-96%	-29.7%

➗ Ratios (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Debtor Days	71	101	110	131	+19.1%
Inventory Days	106	162	185	191	+3.2%
Days Payable	11	69	33	78	+136.4%
Cash Conversion Cycle	166	195	263	245	-6.8%
Working Capital Days	97	115	172	201	+16.9%
ROCE %	26%	31%	24%	15%	-37.5%

👥 Shareholding (latest 4 periods)

Metric	Mar 2025	Sep 2025	Nov 2025	Mar 2026	% Chg
Promoters	48.11%	48.11%	32.57%	32.64%	+0.2%
FIIs	2.22%	2.20%	2.16%	2.00%	-7.4%
DIIs	2.55%	1.67%	4.36%	3.29%	-24.5%
Public	47.12%	48.02%	60.91%	62.08%	+1.9%
No. of Shareholders	1,383	1,740	1,843	2,819	+53.0%

⚖️ Peer comparison

Industry: Chemicals · top 25 of 79 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	NAVINFLUOR Navin Fluorine	₹8,545.00	43,843	55.4	3,634	790	33.9%	21.7%	41.1%	130.1%	44.1%	107.7%
2	DEEPAKNTR Deepak Nitrite	₹1,596.00	21,768	27.8	8,575	784	15.5%	9.1%	-4.8%	-22.5%	36.4%	207.4%
3	DEEPAKFERT Deepak Fertilisers	₹1,323.00	16,718	17.0	12,103	985	16.7%	8.1%	12.0%	-21.8%	22.5%	101.0%
4	TATACHEM Tata Chemicals	₹615.00	15,668	—	15,120	-1,971	11.3%	-13.0%	-2.0%	-543.2%	14.4%	-81.0%
5	PCBL PCBL Chemical	₹331.50	13,043	43.3	6,596	298	13.4%	4.5%	-12.5%	-46.0%	17.0%	64.8%
6	JUBLINGREA Jubilant Ingrevia	₹647.25	10,208	33.3	4,651	308	13.4%	6.6%	5.1%	10.3%	25.3%	40.9%
7	ALKYLAMINE Alkyl Amines	₹1,818.60	9,301	41.3	1,658	225	20.6%	13.5%	-2.3%	-3.8%	30.1%	93.1%
8	CLEAN Clean Science	₹820.00	8,715	37.4	982	232	35.7%	23.6%	-2.5%	-13.7%	21.9%	-4.7%
9	GNFC Gujarat Narmada	₹539.75	7,931	7.6	8,410	1,037	14.8%	12.3%	-1.5%	35.3%	39.8%	275.9%
10	GALAXYSURF Galaxy Surfactants	₹2,156.30	7,887	21.6	5,752	353	10.4%	6.1%	24.3%	-50.0%	39.4%	108.7%
11	NEOGEN Neogen Chemicals	₹2,403.50	7,221	180.9	926	36	16.6%	3.8%	10.9%	-17.6%	34.0%	66.8%
12	BALAMINES Balaji Amines	₹2,215.00	7,177	35.3	1,523	211	21.4%	13.9%	2.0%	6.5%	27.2%	113.9%
13	FCL Fineotex Chemical	₹53.07	6,180	41.6	1,012	148	16.7%	14.6%	44.8%	14.5%	174.8%	92.6%
14	ACI Archean Chemical	₹470.90	5,814	61.0	1,123	95	20.3%	8.5%	7.8%	-37.0%	8.9%	-24.4%
15	GULFOILLUB Gulf Oil	₹1,057.20	5,235	13.9	4,367	371	12.6%	8.5%	11.7%	-3.4%	30.6%	27.0%
16	FOSECOIND Foseco India	₹6,846.50	5,186	64.7	618	77	17.5%	12.5%	12.2%	-1.9%	9.2%	8.9%
17	GUJALKALI Gujarat Alkalies	₹696.50	5,115	77.0	4,497	66	11.2%	1.5%	7.0%	96.3%	12.6%	499.0%
18	LXCHEM Laxmi Organic	₹178.50	4,961	40.2	3,117	123	8.2%	4.0%	-4.7%	-43.4%	44.1%	194.8%
19	VISHNU Vishnu Chemicals	₹724.90	4,880	32.6	1,694	150	15.5%	8.8%	11.1%	12.2%	24.9%	23.0%
20	YASHO Yasho Industries	₹4,028.70	4,857	84.9	939	57	19.5%	6.1%	24.0%	771.1%	54.9%	801.3%
21	EPIGRAL Epigral	₹1,084.00	4,677	17.3	2,626	271	22.2%	10.3%	-0.9%	-7.2%	16.3%	-37.9%
22	TATVA Tatva Chintan	₹1,867.60	4,369	85.0	556	51	19.3%	9.2%	32.6%	702.6%	42.8%	128.3%
23	GHCL GHCL	₹418.85	3,839	7.4	3,043	525	23.0%	17.3%	-3.7%	-23.5%	-2.7%	31.8%
24	PREMEXPLN Premier Explosives	₹685.10	3,685	110.0	349	34	6.8%	9.6%	-7.0%	60.5%	-27.8%	-80.2%
25	IEML Indian	₹358.50	657	40.4	160	16	16.3%	10.2%	—	—	66.0%	0.0%

❓ Frequently asked questions

What was Indian Emulsifiers Limited's revenue in Q4 FY26?