Indian Toners & Developers Limited develops, produces, markets, and sells compatible toners in India.
Flawless balance sheet and good value.
Share Price & News
How has Indian Toners & Developers's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 523586's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 523586 underperformed the Indian Chemicals industry which returned 22.3% over the past year.
Return vs Market: 523586 underperformed the Indian Market which returned 6.4% over the past year.
Price Volatility Vs. Market
How volatile is Indian Toners & Developers's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Indian Toners & Developers undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 523586 (₹82) is trading below our estimate of fair value (₹88.02)
Significantly Below Fair Value: 523586 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 523586 is good value based on its PE Ratio (6.7x) compared to the Chemicals industry average (11x).
PE vs Market: 523586 is good value based on its PE Ratio (6.7x) compared to the Indian market (13x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 523586's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 523586 is good value based on its PB Ratio (0.6x) compared to the IN Chemicals industry average (1.1x).
How is Indian Toners & Developers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Indian Toners & Developers has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Indian Toners & Developers is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Indian Toners & Developers competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Indian Toners & Developers performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 523586 has high quality earnings.
Growing Profit Margin: 523586's current net profit margins (15.4%) are lower than last year (19.3%).
Past Earnings Growth Analysis
Earnings Trend: 523586's earnings have grown by 14% per year over the past 5 years.
Accelerating Growth: 523586's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 523586 had negative earnings growth (-26.3%) over the past year, making it difficult to compare to the Chemicals industry average (10%).
Return on Equity
High ROE: 523586's Return on Equity (8.9%) is considered low.
How is Indian Toners & Developers's financial position?
Financial Position Analysis
Short Term Liabilities: 523586's short term assets (₹583.7M) exceed its short term liabilities (₹168.8M).
Long Term Liabilities: 523586's short term assets (₹583.7M) exceed its long term liabilities (₹30.0M).
Debt to Equity History and Analysis
Debt Level: 523586 is debt free.
Reducing Debt: 523586 had no debt 5 years ago.
Debt Coverage: 523586 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 523586 has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: 523586 has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 523586's debt is covered by short term assets.
What is Indian Toners & Developers's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 523586's dividend (3.66%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: 523586's dividend (3.66%) is in the top 25% of dividend payers in the Indian market (2.63%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 523586 has been paying a dividend for less than 10 years.
Growing Dividend: 523586 has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.4%), 523586's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sushil Jain (61yo)
Mr. Sushil Jain serves as the Chairman of the Board, Chief Executive Officer and Managing Director of Indian Toners & Developers Ltd. Mr. Jains a young and dynamic qualified engineer from Delhi School of E ...
CEO Compensation Analysis
Compensation vs Market: Sushil's total compensation ($USD280.54K) is above average for companies of similar size in the Indian market ($USD49.94K).
Compensation vs Earnings: Sushil's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|President & Wholetime Director||1.8yrs||₹11.95m||10.63% ₹115.0m|
|Non-Executive Independent Director||17.8yrs||₹110.00k||0.020% ₹215.9k|
|Non-Executive Independent Director||7.4yrs||₹105.00k||no data|
|Non-Executive Independent Director||6.1yrs||₹55.00k||no data|
|Additional Director||0yrs||no data||no data|
Experienced Board: 523586's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Indian Toners & Developers Limited's company bio, employee growth, exchange listings and data sources
- Name: Indian Toners & Developers Limited
- Ticker: 523586
- Exchange: BSE
- Founded: 1990
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: ₹1.081b
- Shares outstanding: 13.16m
- Website: https://www.indiantoners.com
Number of Employees
- Indian Toners & Developers Limited
- 1223, DLF Tower-B
- New Delhi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|523586||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 2005|
Indian Toners & Developers Limited develops, produces, markets, and sells compatible toners in India. The company offers chemical color toners, laser toners, copier/digital toner, and wide format copier and printer toners. Its products are primarily used in laser, multi-function, and wide format printers, as well as digital machines and analogue copiers. The company offers its products primarily under the ITDL Color Premium, Supremo, and Formula-L brand names through a network of jobbers, re-fillers, distributors, and dealers. The company also exports its toners to approximately 20 countries. Indian Toners & Developers Limited was incorporated in 1990 and is headquartered in New Delhi, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 12:31|
|End of Day Share Price||2020/02/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.