Chemicals • Agrochemicals and specialty chemicals

Indofil Industries Limited is a Mumbai-based chemicals company. It began in 1962 with the manufacture of Mancozeb, a fungicide, at Thane. Today it runs two business divisions and one business held through a subsidiary. The Agrochemicals Business Division sells fungicides, insecticides, herbicides, acaricides, surfactants and plant growth regulators. Indofil Innovative Solutions is the specialty chemicals division, serving plastics, coatings and construction, textile and leather customers. In FY26 (year ended 31 March 2026), the consolidated revenue from operations was ₹3,586.24 crore against ₹3,324.73 crore a year earlier. Consolidated profit for the year was ₹611.68 crore against ₹452.28 crore. The annual report says about 48% of consolidated revenue came from international business, and the company reaches 128 countries. Domestic agrochemicals revenue was ₹1,326 crore. The company had 1,037 employees at the year end. Manufacturing is in India. There are three synthesis plants and 12 formulation plants, with three units at Dahej in Gujarat. The research and development centre is at Thane. The company also holds subsidiaries in key markets and set up a wholly owned subsidiary in Australia during the year. The figures here are consolidated, as printed in the FY26 annual report. The company is unlisted. As on 31 March 2026, K.K. Modi Investment and Financial Services Private Limited held 45.39% of the shares, the U.P. State Industrial Development Authority held 9.59%, Rajputana Developers Limited 8.47% and APMS Investment Fund Limited 6.21%. Dr. Bina Modi is the Chairperson and Managing Director. IPO Guru has no linked IPO filing for Indofil at the moment. Unlisted shares of a company like this trade off-market between private buyers and sellers, so the indicative price of ₹1,750 per share on IPO Guru is not an exchange price and can differ from what a deal actually closes at.
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Data refreshed 08 Nov 2026, 08:30 pm IST.