INDOBORAXANDCHEMICALS / guidance tracker

Keep management guidance in view.

Indo Borax and · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

FY27 Revenue: ₹250-260 crore

Full year guidance reaffirmed at ₹250-260 crore versus ₹215 crore in FY26, implying ~20% growth, with Q2 expected to be seasonally soft before recovery in Q3.

revenue

FY27 EBITDA Margin: ~20%

Targeting 20% EBITDA margin for full year despite Q1's elevated 28.1%, acknowledging seasonal weakness and raw material cost pass-through limitations.

margins

Indo Borax Capex: ₹50 crore over 2-3 years

₹20 crore for boron oxide (used in fiberglass/steel) and ₹20-25 crore for additional boric acid capacity, with CEO confirming working with consultants on milestones.

capex

DOT Production: 1,500 tonnes in FY27

Production target for sodium octaborate tetrahydrate (agricultural micronutrient), up from 900 tonnes last year, leveraging backward integration from boric acid.

growth