Indo Borax & Chemicals (NSE:INDOBORAX) Retained Earnings: ₹3,612 Mil (As of Mar. 2026)

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NSE:INDOBORAX Indo Borax & Chemicals Ltd NSE:INDOBORAX
72 GF Score
Price ₹465.70
GF Value ₹218.39
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Indo Borax & Chemicals Retained Earnings?

Indo Borax & Chemicals NSE:INDOBORAX +4.07% 72 Retained Earnings is ₹3,612 Mil as of Mar. 2026. GuruFocus rates NSE:INDOBORAX with a GF Score™ of 72/100 and a GF Value™ of ₹218.39 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Indo Borax & Chemicals's retained earnings for the quarter that ended in Mar. 2026 was ₹3,612 Mil.

Indo Borax & Chemicals's quarterly retained earnings stayed the same from Sep. 2025 (₹0 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹3,612 Mil).

Indo Borax & Chemicals's annual retained earnings increased from Mar. 2024 (₹2,681 Mil) to Mar. 2025 (₹3,101 Mil) and increased from Mar. 2025 (₹3,101 Mil) to Mar. 2026 (₹3,612 Mil).


Indo Borax & Chemicals  (NSE:INDOBORAX) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Indo Borax & Chemicals Retained Earnings Historical Data

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The historical data trend for Indo Borax & Chemicals's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Indo Borax & Chemicals Retained Earnings Chart

Indo Borax & Chemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,818.18 2,297.16 2,680.74 3,100.97 3,612.47

Indo Borax & Chemicals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,100.97 0.00 0.00 0.00 3,612.47
NSE:INDOBORAX
72GF Score
Indo Borax & Chemicals Ltd NSE:INDOBORAX
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Indo Borax & Chemicals Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₹3,612 Mil mean?
Indo Borax & Chemicals (NSE:INDOBORAX) has a Retained Earnings of ₹3,612 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Indo Borax & Chemicals and its competitors.
Is Indo Borax & Chemicals' Retained Earnings too high?
Indo Borax & Chemicals' current Retained Earnings is ₹3,612 Mil. Overall, Indo Borax & Chemicals has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Borax & Chemicals' Retained Earnings compare to DOW?
Indo Borax & Chemicals' Retained Earnings of ₹3,612 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Chemicals company?
A good Retained Earnings depends on the Chemicals industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Indo Borax & Chemicals and its competitors. Indo Borax & Chemicals's current Retained Earnings is ₹3,612 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Borax & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Indo Borax & Chemicals (NSE:INDOBORAX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹218.39, compared to a current price of ₹465.70 — trading 113.2% above its estimated fair value. The current Retained Earnings is ₹3,612 Mil. Indo Borax & Chemicals' overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Indo Borax & Chemicals (NSE:INDOBORAX), the current Retained Earnings is ₹3,612 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Indo Borax & Chemicals (NSE:INDOBORAX) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Borax & Chemicals stock appears to be overvalued. The current stock price of ₹465.70 is trading 113.2% above its estimated GF Value™ of ₹218.39. GuruFocus considers Indo Borax & Chemicals to be Significantly Overvalued.

Key valuation signals for NSE:INDOBORAX:

  • Retained Earnings: ₹3,612 Mil
  • GF Value™: ₹218.39 vs. price of ₹465.70 (113.2% above fair value)
  • GF Score™: 72/100 with 9 warning signs

No single metric tells the full story. See the NSE:INDOBORAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indo Borax & Chemicals Business Description

Other Exchanges 524342:India
Address Linking Road, 302, 3rd Floor, Link Rose Building, Santacruz West, Mumbai, MH, IND, 400054
Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.
72GF Score

Get the complete analysis for NSE:INDOBORAX

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹465.70
Price
₹218.39
GF Value