Last Updated2026-06-02

Market View

₹345.9(▲0.76%)

Reporting PeriodQ4 FY26

INDOBORAXINDOBORAX Forensic Risk Analysis

Name: INDOBORAX Structural Risk Analysis
Creator: Flagium AI
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Commodity Chemicals

Risk ClassStable

Market CapN/A

Primary DriverBalance Sheet Stress

Flagium AI Risk Score

16 / 100

+1 QoQ

Early Deterioration

Sentinel Insight

Financial profile remains stable for now. Weakness is detected in balance sheet stress. No immediate concerns are visible. Risk is gradually increasing.

21.4th %ile (Sector)Accel: +1 Qtrs

Updated2026-06-02

Market View

₹345.9▲0.76%

PeriodQ4 FY26

Score Waterfall
Absolute contribution points of each forensic pillar to the final risk score. Derived from: Sector Baseline + Active Penalties - Mitigation Buffers.

Balance Sheet Stress

+8.8 pts

Earnings Quality

+7.2 pts

Final Composite Risk16 / 100

Investment Risk Thesis

Historical Trend

Current risk score has risen from 0 → 16 over 12 quarters.

Expected Direction

⚠ Watch

Primary Deterioration Drivers

Margin Compression
Inventory Stress
Relative Growth Weakness

What to Watch Next Quarter

Operating profit margins
Debt growth
Inventory turnover

Active Risk Objects (6)

CriticalHigh

Margin Compression

📊 Earnings QualityAnnualActive for 3 Years

More Detail

Impact Weight15/15

MomentumPersistent

Last SignalQ3 FY2026

Operating margin declined by 6.0 bps YoY for two consecutive quarters.

"Early signs of margin erosion. Input costs are beginning to eat into core profits."

Relative Growth Weakness

📊 Earnings QualityAnnualActive for 1 Years

More Detail

Impact Weight12/15

MomentumAccelerating

Last SignalQ1 FY2026

Revenue growth consistently lags behind sector median (12.8%).

"Earnings quality is under severe pressure. High accruals suggest potential revenue overstatement."

Operating Leverage Stress

📊 Earnings QualityAnnualActive for 1 Years

More Detail

Impact Weight10/15

MomentumAccelerating

Last SignalQ1 FY2026

Expenses are consistently growing faster than revenues, creating operational pressure.

"The balance sheet is heavily over-leveraged. Interest payments are consuming most of the profit."

Inventory Stress

📊 Earnings QualityAnnualActive for 1 Years

More Detail

Impact Weight15/15

MomentumDecaying

Last SignalQ4 FY2025

Inventory growth (110.3%) significantly outpaced revenue growth (10.3%).

"Inventory overhang is clearing. Stock levels are normalizing as sales momentum returns."

Industrial Margin Stress

📊 Earnings QualityAnnualActive for 3 Years

More Detail

Impact Weight12/15

MomentumPersistent

Last SignalQ4 FY2026

INDOBORAX: Raw material costs consumed an additional 4.7% of revenue YoY.

"Early signs of margin erosion. Input costs are beginning to eat into core profits."

Working Capital Expansion

💧 Liquidity & CoverageAnnualActive for 4 Years

More Detail

Impact Weight10/15

MomentumPersistent

Last SignalQ4 FY2026

Working capital expansion detected: Receivable days increased by -47.6%.

"Early signs of working capital expansion. Receivable or inventory days are creeping up."

Risk Trajectory

Loading Chart

Resilience Matrix

Metric	Value	vs Sector	Signal
Volatility (σ)	7.82	11.00	✅ RESILIENT
Sensitivity (ε_s)	1	1.00	✅ RESILIENT
Escalation Prob.	5%	5%	✅ NEUTRAL
Safety Buffer	+50.0	+35.0	✅ RESILIENT

Forensic Benchmark Context: Commodity Chemicals (n=15 peers)

Correlation Analysis
Visualizing the relationship between stock price movement and structural risk objects.

Loading Chart

Share Price

Risk Score (0-100)

Market Performance

₹345.9(+0.76%)

1M Divergence+22.33%

1 Week+3.95%

1 Month+24.6%

6 Months+45.62%

1 Year+76.79%

2 Year+123.84%

3 Year+175.75%

Sector Average (1M)+2.27%

Sentinel Forensic Assessment

ALGORITHMIC RISK PROFILE • NON-ADVISORY

The structural architecture is currently robust. Capital resilience buffers in balance sheet stress remain well-maintained against forensic benchmarks. Systematic scans of core structural metrics confirm the absence of material structural stress. The current structural trajectory supports a stable risk outlook.

INDOBORAX • MARKET STRUCTURE

Stage 2 — Advancing

The company is in a growth phase. Institutional sentiment is highly positive, supported by strong fundamentals and sustained risk reduction.

Stage Transition Prob.99%

Trend QualityStrong

Phase Progression

Phase Progression Score100%

Readiness LabelHigh (Phase Transition Imminent)

Probability of Advancing99%

CoinTree Momentum

Composite Z-Score+1.4993σ

Strong positive momentum leadership

Universe Rank#138 of 2716

Top 5.08% in momentum strength

Timeframe Sparklines

1W+4.0%

1M+24.6%

6M+45.6%

Weinstein Indicators

150 DMA₹258.52

200 DMA₹255.26

150 DMA Slope+3.2249%Rising

Relative Strength+50.37%Leading

Relative Turnover (RTR)2.9226

ParticipationHealthy

PEER COMPARISON

Ranked comparison against sector peers

This company appears relatively stable compared to the Sector Mean (31).

Ticker	Risk Score	Sector %ile	Delta	Flags	Accel	Primary Driver
ANDHRSUGARThe Andhra Sugars Limited	12	7th	0	21	+0	Earnings QualityStable
INDOBORAXINDOBORAX	16	21th	+1	6	+1	Balance Sheet StressStable
AMNPLSTAmines & Plasticizers Limited	31	50th	-5	13	+0	Competitive PositionWatch
CHEMFABCHEMFAB	32	57th	-3	25	+0	Balance Sheet StressWatch