Indofil Industries Unlisted Shares
Indofil Industries Ltd.
INE071I01016
Incorporation Date: 09-Feb-1993
Listing Status: DRHP Not Filed
About Indofil Industries Unlisted Shares
Overview of Indofil Industries Unlisted Shares
- Agricultural Business Division (ABD): Built on a "Crop Care Concept," generating revenues through technical-grade manufacturing, branded domestic formulations, and global exports. Universally recognized as "The Mancozeb People", Indofil is a global leader in Mancozeb-based fungicide formulations.
- Indofil Innovative Solutions (IIS): Focuses on non-crop specialty chemicals, producing performance polymers, specialty coatings, and industrial auxiliaries.
- Global Footprint & Acquisitions: Sells to over 120 countries through international subsidiaries (including Italy’s Agrowin Biosciences), joint ventures, and strategic alliances across Europe, Latin America, and Asia-Pacific.
- Financial Scale: Reached a consolidated revenue scale of ~₹3,419 crore in FY25, driven by steady export volume growth and domestic market penetration.
- Dr. Bina Modi (Chairperson & Managing Director): Head of Modi Enterprises; steers macroscopic strategy, group capital allocation, and long-term expansion across corporate portfolios.
- Ms. Charu Modi (Executive Director): Promoter and board member overseeing corporate strategy and alignment across group educational and commercial platforms.
- Mr. Sharad Aggarwal (Director): Senior executive bringing over three decades of governance experience across K.K. Modi Group enterprises (including Godfrey Phillips India).
- Key Executive Team: Operations are led by functional specialists, including Simanta Das (Head - International Business), Dr. Rajendra Jain (Head - R&D), and S.K. Tiwari (Head - Manufacturing).
| Vertical | Key Product Offerings | Target Market / Applications |
| Fungicides | Mancozeb, Tricyclazole, Zineb, IMPRESSION, and proprietary combinations. | Global market leader for fruits, vegetables, paddy, and peanuts. |
| Insecticides & Herbicides | Insect Growth Regulators (IGRs), Acaricides, Zechor (Rice herbicide). | Crop protection for tea, cotton, vegetables, onions, and cereal crops. |
| Plant Growth Regulators (PGR) | Specialty bio-stimulants, surfactants, and crop nutrition products. | Enhances yield quality and stress resilience across horticulture and row crops. |
| Specialty & Performance (IIS) | Syntans, specialty acrylic emulsions, construction chemicals, and coating additives. | B2B industrial supply for leather processing, textiles, paints, plastics, and construction. |
Insights of Indofil Industries Unlisted Shares
Indofil Industries Limited – Financial & Business Analysis
1. Financial Snapshot (FY25 – FY26)
All figures are presented in ₹ Crore (Cr.) based on consolidated financial statements.
Metric FY25 FY26 YoY Growth (%) Net Revenue 3,324.73 3,586.24 +7.87% EBITDA 541.37 761.16 +40.60% EBITDA Margin (%) 16.28% 21.22% +494 bps Profit Before Tax (PBT) 518.60 836.44 +61.29% PBT Margin (%) 15.60% 23.32% +772 bps Profit After Tax (PAT) 452.28 611.68 +35.24% PAT Margin (%) 13.60% 17.06% +346 bps 2. Industry Overview
The Indian agrochemical and specialty chemical industry is currently positioned in a highly favorable structural cycle. Domestically, the sector benefits from an increasing focus on crop care, plant nutrition, and modernization of agricultural practices to maximize yield potentials. Globally, Indian chemical manufacturers are seeing massive tailwinds as international clients actively look to diversify their supply chains away from China (the "China Plus One" strategy).Companies with a deep global footprint and robust manufacturing capabilities are capturing significant market share in exports. While the industry does face stringent environmental compliances and evolving regulatory frameworks regarding pesticide bans, manufacturers who combine traditional crop protection (fungicides, insecticides, herbicides) with innovative plant nutrition and bio-specialties are securing highly resilient and sustainable growth runways.3. Key Insights
Steady Top-Line Driven by Global Footprint: Indofil achieved a healthy 7.87% YoY growth in Net Revenue, reaching ₹3,586.24 Cr in FY26. This reflects a stable demand environment for its core agrochemical portfolio—specifically its globally recognized leadership in Mancozeb fungicides—supported by an expanding international footprint across 124+ countries. Exceptional Operating Leverage: The company showcased brilliant cost discipline in FY26. While revenues grew by nearly 8%, total operating costs increased by an incredibly marginal 1.5% (from ₹2,783.36 Cr to ₹2,825.08 Cr). This operating leverage triggered a massive 40.60% surge in EBITDA, pushing operating margins up by nearly 500 basis points to an impressive 21.22%. Substantial Boost from Non-Operating Income: Indofil's pre-tax profits were heavily bolstered by a massive spike in "Other Income," which surged 143.4% YoY to reach ₹230.04 Cr. This non-operational cash inflow provided an outsized cushion to the bottom line, accelerating PBT growth to over 61%. Resilience Against Exceptional Costs: In FY26, the company had to absorb a new, one-off "Exceptional Item" charge of ₹46.72 Cr and faced a significantly higher income tax payout (up 97% YoY to ₹269.99 Cr). Despite these heavy deductions, the sheer strength of its operating performance allowed Indofil to still compound its final net profit (PAT) by 35.24%, protecting and expanding its overall net margins.
4. Intrinsic Value of Indofil Industries Ltd.
- Indofil Industries holds 1.96 Cr shares of Godfrey Philips India Limited (CMP August, 2026 – Rs 2150/share).
- Outstanding shares of Indofil Industries: 2.29 Crs.
- Intrinsic Worth of Indofil Industries Ltd per share: Rs 1860 considering only Godfrey Philips India Limited's holding.
Financial Charts of Indofil Industries Unlisted Shares
Balance Sheet of Indofil Industries Unlisted Shares
Profit and Loss of Indofil Industries Unlisted Shares
Ancillary of Indofil Industries Unlisted Shares
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of Indofil Industries Unlisted Shares
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How to buy Indofil Industries Ltd.?
Below are three ways through which you can purchase Indofil Industries Ltd.:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy Indofil Industries Ltd., please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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How to sell Indofil Industries Ltd.?
Below are three ways through which you can sell Indofil Industries Ltd.:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell Indofil Industries Ltd., please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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What is the price of Indofil Industries Ltd.?
We provide a two way quote on all the shares we deal in. Your buy price for Indofil Industries Ltd. is ₹1825 and your sell price for Indofil Industries Ltd. is ₹1700. The price is based on our estimates and market conditions.
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What is the lock-in period of Indofil Industries Ltd.?
The lock-in period for Indofil Industries Ltd. varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of Indofil Industries Ltd.
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Indofil Industries Ltd.
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
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How is the Indofil Industries Ltd. price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Indofil Industries Ltd.. The price is also determined from the most recent funding round for Indofil Industries Ltd.. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
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What are the lot sizes of Indofil Industries Ltd.?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Indofil Industries Ltd. with us kindly click here.
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What are the financials of Indofil Industries Ltd.?
The financials of Indofil Industries Ltd. which includes the P/L of Indofil Industries Ltd. and the Balance Sheet of Indofil Industries Ltd. is in the financials section (Click on link).
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Where can I find the annual report of Indofil Industries Ltd.?
The annual report of Indofil Industries Ltd. is available in the annual report section (Click on link).
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Is buying Indofil Industries Ltd. legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
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Short-term Capital Gain taxes to be paid on Indofil Industries Ltd.?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
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Long-term Capital Gain taxes to be paid on Indofil Industries Ltd. and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
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Applicability of Taxes on Indofil Industries Ltd. once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source Indofil Industries Ltd.?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying Indofil Industries Ltd. from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
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