Indo Borax Chemicals Ltd vs Resonance Specialities Ltd Stock Comparison

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Last Updated on: Mar 18, 2026

Key Highlights

The Latest Trading Price of Indo Borax & Chemicals Ltd is ₹ 248 as of 18 Mar 15:20 . The P/E Ratio of Indo Borax & Chemicals Ltd changed from 6.1 on March 2021 to 13.3 on March 2024 . This represents a CAGR of 21.52% over 4 yearsThe P/E Ratio of Resonance Specialities Ltd changed from 0 on March 2021 to 0 on March 2024 . This represents a CAGR of 0.0% over 4 years The Market Cap of Indo Borax & Chemicals Ltd changed from ₹ 210.09 crore on March 2021 to ₹ 545.05 crore on March 2025 . This represents a CAGR of 21.01% over 5 yearsThe Market Cap of Resonance Specialities Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 5 years The revenue of Indo Borax & Chemicals Ltd for the Dec '25 is ₹ 45.35 crore as compare to the Sep '25 revenue of ₹ 70.77 crore. This represent the decline of -35.92% The revenue of Resonance Specialities Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Indo Borax & Chemicals Ltd for the Dec '25 is ₹ 12.95 crore as compare to the Sep '25 ebitda of ₹ 23.42 crore. This represent the decline of -44.71% The ebitda of Resonance Specialities Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Indo Borax & Chemicals Ltd changed from ₹ 14.01 crore to ₹ 9.27 crore over 7 quarters. This represents a CAGR of -21.02% The net profit of Resonance Specialities Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0% The Dividend Payout of Indo Borax & Chemicals Ltd changed from 9.24 % on March 2021 to 7.66 % on March 2025 . This represents a CAGR of -3.68% over 5 yearsThe Dividend Payout of Resonance Specialities Ltd changed from 10.97 % on March 2021 to 17.56 % on March 2025 . This represents a CAGR of 9.87% over 5 years .

About Indo Borax & Chemicals Ltd

Indo Borax and Chemicals Limited (IBCL) is into the business of manufacturing and selling of Boron and Lithium products which includes Boric Acid Technical Grade Powder & Granular, Boric Acid IP Grade (Indian Pharmacopoeia Grade) Powder & Granular, and Lithium Hydroxide Monohydrate. The Company's plant is located in Pithampur, Madhya Pradesh.
Its BORIC ACID (Tech.
Grade) Powder is used for fluxes and metallurgical operation, such as welding, paste fluxes and soldering fluxes.
The Company's subsidiary is Indoborax Infrastructure Pvt.
Ltd (IIPL). Indo Borax came into existence in 1980 and the company established its first Boric Acid plant at Asangaon in Maharashtra in the year 1981, followed by the establishment of a Borax plant in 1983.

About Resonance Specialities Ltd

Resonance Specialities Limited (Formerly known Armour Polymers Limited) was incorporated in June, 1989 as a Private Limited Company in Maharashtra.
The Company thereafter got converted into a Public Limited Company in March, 1990.
The Company is manufacturing and marketing of Pyridine and Pyridine derivatives, Picoline, Cynopyridine and some bulk drugs. The Company's plant is located in the Tarapur Industrial Zone near Mumbai , India.
It has plants to manufacture Pyridines, Picolines, Lutidines, Collidines, Cyanopyridines and for various value added products.
In Feb.'92, it came out with a public issue to part-finance a project to manufacture 324 tpa of picoline (alpha, beta and gamma) and 346 tpa of pyridine. Pyridines and picolines are widely used in pharmaceuticals, chemicals, dyestuffs and agro chemicals.

FAQs for the comparison of Indo Borax & Chemicals Ltd and Resonance Specialities Ltd

Which company has a larger market capitalization, Indo Borax & Chemicals Ltd or Resonance Specialities Ltd?

Market cap of Indo Borax & Chemicals Ltd is 779 Cr while Market cap of Resonance Specialities Ltd is 104 Cr

What are the key factors driving the stock performance of Indo Borax & Chemicals Ltd and Resonance Specialities Ltd?

The stock performance of Indo Borax & Chemicals Ltd and Resonance Specialities Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Indo Borax & Chemicals Ltd and Resonance Specialities Ltd?

As of March 18, 2026, the Indo Borax & Chemicals Ltd stock price is INR ₹243.05. On the other hand, Resonance Specialities Ltd stock price is INR ₹90.7.

How do dividend payouts of Indo Borax & Chemicals Ltd and Resonance Specialities Ltd compare?

To compare the dividend payouts of Indo Borax & Chemicals Ltd and Resonance Specialities Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.