Indo Amines Reports Flat Q2 FY24-25 Performance Amid Debt Challenges and Market Adjustments

Indo Amines, a small-cap player in the chemicals industry, has recently undergone an evaluation adjustment reflecting its current market position and performance indicators. The company reported flat financial performance for the second quarter of FY24-25, with a return of -14.32% over the past year, despite a slight profit increase of 0.4%.
Key financial metrics reveal a return on capital employed (ROCE) of 13.7, indicating a fair valuation, while the enterprise value to capital employed stands at 2.4. However, the company faces challenges with a high debt to EBITDA ratio of 2.79 times, suggesting limited capacity to service its debt obligations. Additionally, the debtors turnover ratio is at its lowest, recorded at 3.91 times, and the dividend payout ratio is also low at 8.30%.

Despite these challenges, the stock is trading at a discount compared to its historical valuations. The technical trend has shifted to a mildly bullish range, with a key technical factor indicating a bullish stance since early February 2025.

For more insights on Indo Amines and its financial trend performance, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.