Share Price and Basic Stock Data
Last Updated: November 11, 2025, 12:29 am
| PEG Ratio | -7.71 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
IIRM Holdings India Ltd operates in the plastics sector, specifically focusing on plastic products. As of the latest report, the company’s stock price stood at ₹75.0, with a market capitalization of ₹511 Cr. Revenue has shown growth, with sales for the fiscal year ending March 2024 reported at ₹178 Cr, increasing to ₹219 Cr in March 2025. The trailing twelve-month (TTM) sales reached ₹222 Cr, indicating a consistent upward trajectory. Quarterly sales also reflected this trend, with the highest quarterly sales recorded in March 2024 at ₹177.83 Cr, followed by ₹65.73 Cr in June 2024 and a modest decline in subsequent quarters. The operating profit margin (OPM) for March 2024 was reported at 25%, which decreased to 21% in March 2025, highlighting the impact of rising expenses on profitability. The company’s sales growth aligns with the overall demand in the Indian plastics market, which is projected to expand at a CAGR of over 7% according to industry reports.
Profitability and Efficiency Metrics
IIRM Holdings reported a net profit of ₹23 Cr for the fiscal year ending March 2024, which slightly declined to ₹22 Cr in March 2025. The operating profit stood at ₹46 Cr for the same period, with the operating profit margin decreasing from 25% to 21%. The net profit margin also declined from 12.72% in March 2024 to 9.85% in March 2025, reflecting pressure on profitability. The return on equity (ROE) for the company was reported at 18.6%, which is relatively strong compared to industry standards, while the return on capital employed (ROCE) stood at 23.5%, indicating effective utilization of capital. The interest coverage ratio (ICR) was notably high at 16.71x, suggesting that the company comfortably manages its interest obligations. However, the cash conversion cycle (CCC) increased from 92 days in March 2024 to 120 days in March 2025, indicating potential inefficiencies in working capital management.
Balance Sheet Strength and Financial Ratios
The balance sheet of IIRM Holdings reflects a stable financial position, with total assets reported at ₹185 Cr as of March 2025, an increase from ₹156 Cr in March 2024. The company’s reserves rose significantly from ₹75 Cr to ₹98 Cr, enhancing its financial cushion. Total borrowings increased from ₹19 Cr to ₹30 Cr, resulting in a total debt-to-equity ratio of 0.16x, which is considered low, indicating minimal reliance on debt financing. The current ratio stood at a robust 3.26x, suggesting strong liquidity, while the quick ratio also matched this figure, confirming the company’s ability to cover short-term liabilities. The price-to-book value (P/BV) ratio was reported at 4.36x, indicating that the stock may be overvalued compared to its book value, which stood at ₹19.40 per share. These financial ratios collectively illustrate IIRM Holdings’ solid balance sheet and prudent financial management.
Shareholding Pattern and Investor Confidence
The shareholding pattern of IIRM Holdings indicates a strong promoter commitment, with promoters holding 60.82% of the company’s shares as of March 2025. This level of promoter ownership instills confidence among investors regarding the long-term vision and stability of the company. However, foreign institutional investors (FIIs) have shown negligible interest, with no reported holdings, while domestic institutional investors (DIIs) hold a mere 0.66%. The public shareholding stood at 38.52%, reflecting a diverse shareholder base. Over the past few quarters, the promoter stake fluctuated, peaking at 64.88% in December 2023 before stabilizing. This volatility may raise concerns among retail investors regarding governance and control. The total number of shareholders increased to 1,290, indicating growing interest in the company. Nonetheless, the lack of institutional backing could pose risks in terms of stock liquidity and investor sentiment.
Outlook, Risks, and Final Insight
The outlook for IIRM Holdings suggests potential for growth, driven by increasing demand in the plastics sector. However, the company faces challenges, including rising operational costs, as evidenced by the decline in profit margins and increased cash conversion cycle. The ability to streamline operations and manage working capital effectively will be critical for maintaining profitability. Additionally, the high promoter stake could lead to governance concerns if not managed transparently. Risks also stem from the absence of institutional investors, which may affect stock performance during market fluctuations. On a positive note, the company’s strong liquidity position and low debt levels provide a buffer against economic downturns. In summary, while IIRM Holdings presents opportunities for growth within a robust industry, it must navigate operational challenges and investor sentiment to sustain its financial health and market position.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of IIRM Holdings India Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mitsu Chem Plast Ltd | 158 Cr. | 116 | 129/83.2 | 19.2 | 73.6 | 0.17 % | 10.4 % | 8.17 % | 10.0 |
| IIRM Holdings India Ltd | 516 Cr. | 75.8 | 144/69.7 | 28.1 | 19.4 | 0.00 % | 23.5 % | 18.6 % | 5.00 |
| Fiberweb (India) Ltd | 122 Cr. | 42.3 | 66.0/34.0 | 7.13 | 61.2 | 0.00 % | 10.0 % | 8.88 % | 10.0 |
| Deep Polymers Ltd | 109 Cr. | 45.0 | 75.5/35.7 | 21.4 | 36.2 | 0.00 % | 8.22 % | 6.10 % | 10.0 |
| DDev Plastiks Industries Ltd | 2,910 Cr. | 281 | 360/213 | 14.9 | 80.7 | 0.62 % | 33.9 % | 24.9 % | 1.00 |
| Industry Average | 1,561.23 Cr | 486.23 | 41.36 | 157.87 | 0.28% | 16.30% | 12.17% | 8.25 |
Quarterly Result
| Metric | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|
| Sales | 177.83 | 65.73 | 47.92 | 50.32 | 55.49 | 67.96 |
| Expenses | 133.45 | 50.22 | 35.24 | 42.06 | 46.39 | 51.97 |
| Operating Profit | 44.38 | 15.51 | 12.68 | 8.26 | 9.10 | 15.99 |
| OPM % | 24.96% | 23.60% | 26.46% | 16.41% | 16.40% | 23.53% |
| Other Income | 2.17 | 0.09 | 0.24 | 0.13 | -0.06 | 0.06 |
| Interest | 2.98 | 0.53 | 0.69 | 0.65 | 0.95 | 1.23 |
| Depreciation | 11.92 | 2.88 | 3.03 | 3.03 | 3.64 | 4.48 |
| Profit before tax | 31.65 | 12.19 | 9.20 | 4.71 | 4.45 | 10.34 |
| Tax % | 28.47% | 25.68% | 18.15% | 35.03% | 55.28% | 26.11% |
| Net Profit | 22.64 | 9.06 | 7.53 | 3.06 | 1.97 | 7.64 |
| EPS in Rs | 3.32 | 1.33 | 1.11 | 0.45 | 0.29 | 1.12 |
Last Updated: August 19, 2025, 1:35 pm
Below is a detailed analysis of the quarterly data for IIRM Holdings India Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 67.96 Cr.. The value appears strong and on an upward trend. It has increased from 55.49 Cr. (Mar 2025) to 67.96 Cr., marking an increase of 12.47 Cr..
- For Expenses, as of Jun 2025, the value is 51.97 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 46.39 Cr. (Mar 2025) to 51.97 Cr., marking an increase of 5.58 Cr..
- For Operating Profit, as of Jun 2025, the value is 15.99 Cr.. The value appears strong and on an upward trend. It has increased from 9.10 Cr. (Mar 2025) to 15.99 Cr., marking an increase of 6.89 Cr..
- For OPM %, as of Jun 2025, the value is 23.53%. The value appears strong and on an upward trend. It has increased from 16.40% (Mar 2025) to 23.53%, marking an increase of 7.13%.
- For Other Income, as of Jun 2025, the value is 0.06 Cr.. The value appears strong and on an upward trend. It has increased from -0.06 Cr. (Mar 2025) to 0.06 Cr., marking an increase of 0.12 Cr..
- For Interest, as of Jun 2025, the value is 1.23 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.95 Cr. (Mar 2025) to 1.23 Cr., marking an increase of 0.28 Cr..
- For Depreciation, as of Jun 2025, the value is 4.48 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.64 Cr. (Mar 2025) to 4.48 Cr., marking an increase of 0.84 Cr..
- For Profit before tax, as of Jun 2025, the value is 10.34 Cr.. The value appears strong and on an upward trend. It has increased from 4.45 Cr. (Mar 2025) to 10.34 Cr., marking an increase of 5.89 Cr..
- For Tax %, as of Jun 2025, the value is 26.11%. The value appears to be improving (decreasing) as expected. It has decreased from 55.28% (Mar 2025) to 26.11%, marking a decrease of 29.17%.
- For Net Profit, as of Jun 2025, the value is 7.64 Cr.. The value appears strong and on an upward trend. It has increased from 1.97 Cr. (Mar 2025) to 7.64 Cr., marking an increase of 5.67 Cr..
- For EPS in Rs, as of Jun 2025, the value is 1.12. The value appears strong and on an upward trend. It has increased from 0.29 (Mar 2025) to 1.12, marking an increase of 0.83.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 23, 2025, 12:55 pm
| Metric | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|
| Sales | 178 | 219 | 222 |
| Expenses | 133 | 174 | 176 |
| Operating Profit | 44 | 46 | 46 |
| OPM % | 25% | 21% | 21% |
| Other Income | 2 | 0 | 0 |
| Interest | 3 | 3 | 4 |
| Depreciation | 12 | 13 | 14 |
| Profit before tax | 32 | 31 | 29 |
| Tax % | 28% | 29% | |
| Net Profit | 23 | 22 | 20 |
| EPS in Rs | 3.32 | 3.17 | 2.97 |
| Dividend Payout % | 0% | 0% |
YoY Net Profit Growth
| Year | 2024-2025 |
|---|---|
| YoY Net Profit Growth (%) | -4.35% |
| Change in YoY Net Profit Growth (%) | 0.00% |
IIRM Holdings India Ltd has shown a consistent positive trend in YoY Net Profit Growth (%) in the last 1 years from 2024-2025 to 2024-2025.
No data available for the compounded sales growth chart.
No data available for the Balance Sheet data table.
Cash Flow - No data available for this post.
Financial Efficiency Indicators
| Month | Mar 2024 | Mar 2025 |
|---|---|---|
| Debtor Days | 92 | 120 |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 92 | 120 |
| Working Capital Days | 101 | 120 |
| ROCE % | 23% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 |
|---|---|---|
| FaceValue | 5.00 | 5.00 |
| Basic EPS (Rs.) | 3.17 | 12.91 |
| Diluted EPS (Rs.) | 3.17 | 12.91 |
| Cash EPS (Rs.) | 5.02 | 5.07 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 19.40 | 16.42 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 19.40 | 16.42 |
| Revenue From Operations / Share (Rs.) | 32.20 | 26.10 |
| PBDIT / Share (Rs.) | 6.91 | 6.83 |
| PBIT / Share (Rs.) | 5.06 | 5.08 |
| PBT / Share (Rs.) | 4.65 | 4.64 |
| Net Profit / Share (Rs.) | 3.17 | 3.32 |
| NP After MI And SOA / Share (Rs.) | 3.17 | 3.32 |
| PBDIT Margin (%) | 21.44 | 26.17 |
| PBIT Margin (%) | 15.71 | 19.47 |
| PBT Margin (%) | 14.42 | 17.79 |
| Net Profit Margin (%) | 9.85 | 12.72 |
| NP After MI And SOA Margin (%) | 9.85 | 12.72 |
| Return on Networth / Equity (%) | 16.36 | 20.76 |
| Return on Capital Employeed (%) | 22.86 | 28.72 |
| Return On Assets (%) | 11.65 | 14.48 |
| Long Term Debt / Equity (X) | 0.07 | 0.03 |
| Total Debt / Equity (X) | 0.16 | 0.12 |
| Asset Turnover Ratio (%) | 1.28 | 0.00 |
| Current Ratio (X) | 3.26 | 2.57 |
| Quick Ratio (X) | 3.26 | 2.57 |
| Interest Coverage Ratio (X) | 16.71 | 15.63 |
| Interest Coverage Ratio (Post Tax) (X) | 9.07 | 8.60 |
| Enterprise Value (Cr.) | 592.12 | 173.31 |
| EV / Net Operating Revenue (X) | 2.70 | 0.97 |
| EV / EBITDA (X) | 12.58 | 3.72 |
| MarketCap / Net Operating Revenue (X) | 2.62 | 0.92 |
| Price / BV (X) | 4.36 | 1.50 |
| Price / Net Operating Revenue (X) | 2.62 | 0.92 |
| EarningsYield | 0.03 | 0.13 |
After reviewing the key financial ratios for IIRM Holdings India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 5.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 3.17. This value is below the healthy minimum of 5. It has decreased from 12.91 (Mar 24) to 3.17, marking a decrease of 9.74.
- For Diluted EPS (Rs.), as of Mar 25, the value is 3.17. This value is below the healthy minimum of 5. It has decreased from 12.91 (Mar 24) to 3.17, marking a decrease of 9.74.
- For Cash EPS (Rs.), as of Mar 25, the value is 5.02. This value is within the healthy range. It has decreased from 5.07 (Mar 24) to 5.02, marking a decrease of 0.05.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 19.40. It has increased from 16.42 (Mar 24) to 19.40, marking an increase of 2.98.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 19.40. It has increased from 16.42 (Mar 24) to 19.40, marking an increase of 2.98.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 32.20. It has increased from 26.10 (Mar 24) to 32.20, marking an increase of 6.10.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 6.91. This value is within the healthy range. It has increased from 6.83 (Mar 24) to 6.91, marking an increase of 0.08.
- For PBIT / Share (Rs.), as of Mar 25, the value is 5.06. This value is within the healthy range. It has decreased from 5.08 (Mar 24) to 5.06, marking a decrease of 0.02.
- For PBT / Share (Rs.), as of Mar 25, the value is 4.65. This value is within the healthy range. It has increased from 4.64 (Mar 24) to 4.65, marking an increase of 0.01.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 3.17. This value is within the healthy range. It has decreased from 3.32 (Mar 24) to 3.17, marking a decrease of 0.15.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 3.17. This value is within the healthy range. It has decreased from 3.32 (Mar 24) to 3.17, marking a decrease of 0.15.
- For PBDIT Margin (%), as of Mar 25, the value is 21.44. This value is within the healthy range. It has decreased from 26.17 (Mar 24) to 21.44, marking a decrease of 4.73.
- For PBIT Margin (%), as of Mar 25, the value is 15.71. This value is within the healthy range. It has decreased from 19.47 (Mar 24) to 15.71, marking a decrease of 3.76.
- For PBT Margin (%), as of Mar 25, the value is 14.42. This value is within the healthy range. It has decreased from 17.79 (Mar 24) to 14.42, marking a decrease of 3.37.
- For Net Profit Margin (%), as of Mar 25, the value is 9.85. This value is within the healthy range. It has decreased from 12.72 (Mar 24) to 9.85, marking a decrease of 2.87.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 9.85. This value is within the healthy range. It has decreased from 12.72 (Mar 24) to 9.85, marking a decrease of 2.87.
- For Return on Networth / Equity (%), as of Mar 25, the value is 16.36. This value is within the healthy range. It has decreased from 20.76 (Mar 24) to 16.36, marking a decrease of 4.40.
- For Return on Capital Employeed (%), as of Mar 25, the value is 22.86. This value is within the healthy range. It has decreased from 28.72 (Mar 24) to 22.86, marking a decrease of 5.86.
- For Return On Assets (%), as of Mar 25, the value is 11.65. This value is within the healthy range. It has decreased from 14.48 (Mar 24) to 11.65, marking a decrease of 2.83.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.07. This value is below the healthy minimum of 0.2. It has increased from 0.03 (Mar 24) to 0.07, marking an increase of 0.04.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.16. This value is within the healthy range. It has increased from 0.12 (Mar 24) to 0.16, marking an increase of 0.04.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.28. It has increased from 0.00 (Mar 24) to 1.28, marking an increase of 1.28.
- For Current Ratio (X), as of Mar 25, the value is 3.26. This value exceeds the healthy maximum of 3. It has increased from 2.57 (Mar 24) to 3.26, marking an increase of 0.69.
- For Quick Ratio (X), as of Mar 25, the value is 3.26. This value exceeds the healthy maximum of 2. It has increased from 2.57 (Mar 24) to 3.26, marking an increase of 0.69.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 16.71. This value is within the healthy range. It has increased from 15.63 (Mar 24) to 16.71, marking an increase of 1.08.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 9.07. This value is within the healthy range. It has increased from 8.60 (Mar 24) to 9.07, marking an increase of 0.47.
- For Enterprise Value (Cr.), as of Mar 25, the value is 592.12. It has increased from 173.31 (Mar 24) to 592.12, marking an increase of 418.81.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.70. This value is within the healthy range. It has increased from 0.97 (Mar 24) to 2.70, marking an increase of 1.73.
- For EV / EBITDA (X), as of Mar 25, the value is 12.58. This value is within the healthy range. It has increased from 3.72 (Mar 24) to 12.58, marking an increase of 8.86.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.62. This value is within the healthy range. It has increased from 0.92 (Mar 24) to 2.62, marking an increase of 1.70.
- For Price / BV (X), as of Mar 25, the value is 4.36. This value exceeds the healthy maximum of 3. It has increased from 1.50 (Mar 24) to 4.36, marking an increase of 2.86.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.62. This value is within the healthy range. It has increased from 0.92 (Mar 24) to 2.62, marking an increase of 1.70.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.13 (Mar 24) to 0.03, marking a decrease of 0.10.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
Unable to fetch valid data for stock valuation.Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in IIRM Holdings India Ltd:
- Net Profit Margin: 9.85%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 22.86% (Industry Average ROCE: 16.3%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 16.36% (Industry Average ROE: 12.17%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 9.07
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 3.26
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 28.1 (Industry average Stock P/E: 41.36)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.16
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 9.85%