Indo Amines Limited

NSEI:INDOAMIN Stock Report

Market Cap: ₹9.5b

Indo Amines Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Vijay Palkar

Chief executive officer

₹15.1m

Total compensation

CEO salary percentage99.50%
CEO tenure5.2yrs
CEO ownershipn/a
Management average tenure5.2yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

Analysis Article • May 29

Should You Be Adding Indo Amines (NSE:INDOAMIN) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Sep 15

Indo Amines (NSE:INDOAMIN) Is Paying Out A Dividend Of ₹0.50

Indo Amines Limited ( NSE:INDOAMIN ) will pay a dividend of ₹0.50 on the 23rd of October. This payment means the...
Analysis Article • Sep 01

Indo Amines' (NSE:INDOAMIN) Dividend Will Be ₹0.50

The board of Indo Amines Limited ( NSE:INDOAMIN ) has announced that it will pay a dividend of ₹0.50 per share on the...
Analysis Article • Jun 26

Here's Why Indo Amines (NSE:INDOAMIN) Has Caught The Eye Of Investors

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • Jun 10

The Market Lifts Indo Amines Limited (NSE:INDOAMIN) Shares 28% But It Can Do More

Indo Amines Limited ( NSE:INDOAMIN ) shares have continued their recent momentum with a 28% gain in the last month...
Analysis Article • May 16

Indo Amines (NSE:INDOAMIN) Knows How To Allocate Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Apr 17

Improved Earnings Required Before Indo Amines Limited (NSE:INDOAMIN) Stock's 27% Jump Looks Justified

Indo Amines Limited ( NSE:INDOAMIN ) shareholders are no doubt pleased to see that the share price has bounced 27% in...
Analysis Article • Jan 29

Is Indo Amines (NSE:INDOAMIN) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Jan 14

Investors Don't See Light At End Of Indo Amines Limited's (NSE:INDOAMIN) Tunnel And Push Stock Down 26%

Indo Amines Limited ( NSE:INDOAMIN ) shareholders that were waiting for something to happen have been dealt a blow with...
Analysis Article • Dec 05

Indo Amines (NSE:INDOAMIN) Will Be Hoping To Turn Its Returns On Capital Around

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Analysis Article • Sep 26

There's Reason For Concern Over Indo Amines Limited's (NSE:INDOAMIN) Massive 32% Price Jump

Despite an already strong run, Indo Amines Limited ( NSE:INDOAMIN ) shares have been powering on, with a gain of 32% in...
Analysis Article • Sep 17

Indo Amines (NSE:INDOAMIN) Is Due To Pay A Dividend Of ₹0.50

The board of Indo Amines Limited ( NSE:INDOAMIN ) has announced that it will pay a dividend of ₹0.50 per share on the...
Analysis Article • Sep 03

Indo Amines (NSE:INDOAMIN) Is Paying Out A Dividend Of ₹0.50

Indo Amines Limited's ( NSE:INDOAMIN ) investors are due to receive a payment of ₹0.50 per share on 1st of January. The...
Analysis Article • Aug 12

Indo Amines Limited (NSE:INDOAMIN) Shares Fly 30% But Investors Aren't Buying For Growth

Indo Amines Limited ( NSE:INDOAMIN ) shareholders have had their patience rewarded with a 30% share price jump in the...
Analysis Article • Aug 11

Indo Amines (NSE:INDOAMIN) Has Affirmed Its Dividend Of ₹0.50

Indo Amines Limited ( NSE:INDOAMIN ) has announced that it will pay a dividend of ₹0.50 per share on the 1st of...
Analysis Article • Aug 07

Here's Why Indo Amines (NSE:INDOAMIN) Has A Meaningful Debt Burden

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jul 17

Does Indo Amines (NSE:INDOAMIN) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Jun 28

Indo Amines Limited's (NSE:INDOAMIN) Earnings Are Not Doing Enough For Some Investors

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 33x, you may consider Indo...
Analysis Article • Mar 09

Indo Amines Limited (NSE:INDOAMIN) Might Not Be As Mispriced As It Looks After Plunging 25%

Indo Amines Limited ( NSE:INDOAMIN ) shares have retraced a considerable 25% in the last month, reversing a fair amount...
Analysis Article • Feb 18

Does Indo Amines (NSE:INDOAMIN) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jan 31

Should You Be Adding Indo Amines (NSE:INDOAMIN) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Jan 03

Even With A 33% Surge, Cautious Investors Are Not Rewarding Indo Amines Limited's (NSE:INDOAMIN) Performance Completely

The Indo Amines Limited ( NSE:INDOAMIN ) share price has done very well over the last month, posting an excellent gain...
Analysis Article • Dec 07

A Look Into Indo Amines' (NSE:INDOAMIN) Impressive Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Jun 14

Pinning Down Indo Amines Limited's (NSE:INDOAMIN) P/E Is Difficult Right Now

Indo Amines Limited's ( NSE:INDOAMIN ) price-to-earnings (or "P/E") ratio of 24.8x might make it look like a sell right...

CEO Compensation Analysis

How has Vijay Palkar's remuneration changed compared to Indo Amines's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹793m

Dec 31 2025n/an/a

₹698m

Sep 30 2025n/an/a

₹691m

Jun 30 2025n/an/a

₹654m

Mar 31 2025₹15m₹15m

₹552m

Dec 31 2024n/an/a

₹525m

Sep 30 2024n/an/a

₹516m

Jun 30 2024n/an/a

₹500m

Mar 31 2024n/an/a

₹427m

Dec 31 2023n/an/a

₹504m

Sep 30 2023n/an/a

₹512m

Jun 30 2023n/an/a

₹445m

Mar 31 2023₹15m₹15m

₹404m

Compensation vs Market: Vijay's total compensation ($USD158.54K) is above average for companies of similar size in the Indian market ($USD42.04K).

Compensation vs Earnings: Vijay's compensation has been consistent with company performance over the past year.

CEO

Vijay Palkar (72 yo)

5.2yrs
Tenure
₹15,075,000
Compensation

Mr. Vijay Bhalchandra Palkar, B.Sc. B.Tech, is MD, CEO & Director of Indo Amines Limited from April 01, 2021. He has been with Indo Amines Limited since April 01, 2008.

Leadership Team

NamePositionTenureCompensationOwnership
Vijay Palkar
MD, CEO & Director5.2yrs₹15.08mno data
Suniti Thombre
Chief Financial Officer2.6yrs₹2.95mno data
Tripti Sawant
Company Secretary & Compliance Officer10.3yrs₹1.48mno data
Bharati Palkar
Whole Time Directorno data₹12.10m7.2%
₹ 681.5m
Rahul Palkar
Joint MD & Executive Director9.8yrs₹10.10m0.98%
₹ 92.6m
Jayaprakash Shetty
Executive Director7.8yrs₹1.72mno data
Adhikarao Shingade
Whole Time Director5yrs₹3.77mno data
Saji Jose
Whole-Time Director2yrs₹1.52mno data
Atul Sonawane
Vice President of Technicalno datano datano data
Sudhakar Patil
GM of Administration & Exe. To MDno datano datano data
Ajay Phirke
Chief Marketing Officerno datano datano data
Rohit Rane
Manager of HRno datano datano data
5.2yrs
Average Tenure
50.5yo
Average Age

Experienced Management: INDOAMIN's management team is seasoned and experienced (5.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vijay Palkar
MD, CEO & Director5.2yrs₹15.08mno data
Bharati Palkar
Whole Time Director16.8yrs₹12.10m7.2%
₹ 681.5m
Rahul Palkar
Joint MD & Executive Director19.5yrs₹10.10m0.98%
₹ 92.6m
Jayaprakash Shetty
Executive Director7.8yrs₹1.72mno data
Adhikarao Shingade
Whole Time Director5yrs₹3.77mno data
Saji Jose
Whole-Time Director2yrs₹1.52mno data
Dhawal Vora
Non-Executive Director2.8yrs₹120.00kno data
Ajay Marathe
Independent Non-Executive Director4.3yrs₹172.00kno data
Pradeep Thakur
Independent Non-Executive Chairman of the Board4.3yrs₹178.00kno data
Avinash Aphale
Independent Non - Executive Director3.1yrs₹106.00kno data
Tejaswini Dalvi
Non-Executive & Non-Independent Director1.1yrsno datano data
4.3yrs
Average Tenure
55yo
Average Age

Experienced Board: INDOAMIN's board of directors are considered experienced (4.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/13 06:46
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Indo Amines Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anil BurraFirstCall Research
Bikshapathi A.FirstCall Research