Why is Indian Toners & Developers Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0 times
2
Healthy long term growth as Operating profit has grown by an annual rate 38.87%
3
Flat results in Sep 25
- ROCE(HY) Lowest at 15.73%
- PBDIT(Q) Lowest at Rs 7.28 cr.
- OPERATING PROFIT TO NET SALES (Q) Lowest at 18.74%
4
With ROE of 12.2, it has a Very Attractive valuation with a 1.3 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -18.11%, its profits have risen by 11.7% ; the PEG ratio of the company is 0.6
- At the current price, the company has a high dividend yield of 4
5
Majority shareholders : Promoters
6
Below par performance in long term as well as near term
- Along with generating -18.11% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to Indian Toners should be less than 10%
- Overall Portfolio exposure to Specialty Chemicals should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Specialty Chemicals)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Indian Toners for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Indian Toners
-17.29%
-0.67
27.13%
Sensex
4.67%
0.39
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
15.50%
EBIT Growth (5y)
38.87%
EBIT to Interest (avg)
25.44
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.41
Sales to Capital Employed (avg)
0.78
Tax Ratio
21.66%
Dividend Payout Ratio
18.68%
Pledged Shares
0
Institutional Holding
0.03%
ROCE (avg)
23.54%
ROE (avg)
12.20%
Valuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
35
Price to Book Value
1.27
EV to EBIT
6.55
EV to EBITDA
5.53
EV to Capital Employed
1.45
EV to Sales
1.17
PEG Ratio
0.62
Dividend Yield
4.00%
ROCE (Latest)
22.21%
ROE (Latest)
12.25%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
Technical Movement
3What is working for the Company
PAT(Latest six months)
At Rs 13.22 cr has Grown at 41.85%
-7What is not working for the Company
ROCE(HY)
Lowest at 15.73%
PBDIT(Q)
Lowest at Rs 7.28 cr.
OPERATING PROFIT TO NET SALES (Q)
Lowest at 18.74%
PBT LESS OI(Q)
Lowest at Rs 5.90 cr.
EPS(Q)
Lowest at Rs 5.18
Loading Valuation Snapshot...
Here's what is working for Indian Toners
Profit After Tax (PAT) - Latest six months
At Rs 13.22 cr has Grown at 41.85%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Here's what is not working for Indian Toners
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 7.28 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 18.74%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 5.90 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 5.18
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)






