# Indian Toners (NSE: INDTONER) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/INDTONER · Pivot · prices to 19 Oct 2026

With a market capitalisation of ₹278 Cr, it ranks 2106th by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Chemicals sector; its industry is Specialty Chemicals.

Its return on equity was 12.5% in FY22. In Q3 FY23, the quarter ended 31 Dec 2022, revenue was ₹40 Cr (+24.3% year on year) and net profit ₹8 Cr (+52.6%), on a consolidated basis. Promoters held 69.25% of the company as of 30 Jun 2026.

## Key numbers

| Metric | Value |
| --- | --- |
| Market cap | ₹278 Cr |
| ROE | 12.5% (FY22) |
| ROCE | 15.0% (FY22) |
| Debt to equity | 0 |

## Quarterly results (₹ crore, consolidated)

| Quarter | Revenue | Revenue YoY | Net profit | Net profit YoY | EPS (₹) |
| --- | --- | --- | --- | --- | --- |
| Q3 FY23 | ₹40 Cr | +24.3% | ₹8 Cr | +52.6% | ₹6.97 |
| Q2 FY23 | ₹39 Cr | +21.4% | ₹6 Cr | +7.2% | ₹5.52 |
| Q1 FY23 | ₹34 Cr | +58.8% | ₹6 Cr | +143.6% | ₹5.26 |
| Q4 FY22 | ₹34 Cr | +12.4% | ₹8 Cr | +139.3% | ₹7.48 |
| Q3 FY22 | ₹32 Cr | +29.2% | ₹5 Cr | +13.0% | ₹4.62 |
| Q2 FY22 | ₹33 Cr | +38.2% | ₹6 Cr | +65.9% | ₹5.21 |
| Q1 FY22 | ₹21 Cr | +102.1% | ₹2 Cr | +4.9% | ₹1.78 |
| Q4 FY21 | ₹30 Cr | +44.3% | ₹3 Cr | +15.9% | ₹2.50 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY22 | ₹120 Cr | ₹21 Cr |
| FY21 | ₹89 Cr | ₹13 Cr |
| FY20 | ₹92 Cr | ₹12 Cr |
| FY19 | ₹115 Cr | ₹20 Cr |
| FY18 | ₹112 Cr | ₹24 Cr |
| FY17 | ₹115 Cr | ₹23 Cr |

## Shareholding (30 Jun 2026)

- Promoters: 69.25%
- Domestic institutions: 0.03%
- Non-institutions: 30.72%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [Dynemic Products](https://app.pivotnow.in/stock/DYNPRO) | ₹246.48 | ₹306 Cr | 15.4 | — |
| [Shiv Texchem](https://app.pivotnow.in/stock/SHIVTEXCHEM) | — | ₹303 Cr | — | — |
| [Narmada Gelatin](https://app.pivotnow.in/stock/SHAWGELTIN) | — | ₹285 Cr | — | — |
| [Poddar Pigments](https://app.pivotnow.in/stock/PODDARMENT) | ₹265.00 | ₹281 Cr | 19 | — |
| [Fundviser](https://app.pivotnow.in/stock/FUNDVISER) | — | ₹274 Cr | — | — |
| [India Gelatine](https://app.pivotnow.in/stock/INDGELA) | — | ₹251 Cr | — | — |

## Questions and answers

### What is the market cap of Indian Toners?

Indian Toners' market capitalisation is ₹278 Cr (₹278 Cr) at the 19 Oct 2026 close, ranking 2106th among the NSE companies Pivot tracks.

### What is the ROE and ROCE of Indian Toners?

Return on equity was 12.5% in FY22 and return on capital employed was 15.0% in FY22 (consolidated figures).

### Is Indian Toners a debt-free company?

Indian Toners is close to debt-free: its debt-to-equity ratio was 0 in FY22.

### What were Indian Toners' latest quarterly results?

For Q3 FY23 (quarter ended 31 Dec 2022), Indian Toners reported revenue of ₹40 Cr, +24.3% year on year, and net profit of ₹8 Cr, +52.6% year on year.

### What is the shareholding pattern of Indian Toners?

As of 30 Jun 2026: promoters 69.25%, domestic institutions 0.03%, non-institutions 30.72%.

### Who are Indian Toners' competitors?

The listed Chemicals companies closest to Indian Toners by market cap are Dynemic Products, Shiv Texchem, Narmada Gelatin, Poddar Pigments, Fundviser and India Gelatine.

### Is Indian Toners a good stock to buy?

Pivot does not give buy or sell recommendations. This page sets out Indian Toners' price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on INDTONER against its own history before risking money. This is analysis, not financial advice.

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Sources: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.