NSE: INDOMIM· IndustrialsCore · Aug 26Mid cap
Indo-MIM
Global MIM leader, new listing
- Last close
- ₹1,248.15
- 29 Sept 2026 · reference
- 1D · 1M
- +1.7% · +43.8%
- price-only
- Weight
- 0.8%
- 31 Jul 2026 · Aug rank 30
- Thesis review
- 8 Sep 2026
- Why We Own, p54
Where the price sits
52-week range, house target and street targets
52w low ₹74252w high ₹1,311
- Reference close₹1,248
- HDFC Securities · BUY₹1,407
Range from reference closes; street targets from the PDFs on file (Research & documents). Internal target is never shown to prospects.
Investment case and valuation
Approved model, 8 Sep 2026 review
₹948
Price (2026-09-07)
n.m. / n.m.
FY27E / FY28E P/E (Buoyant sheet)
n.a.
FY27E ROE (Buoyant sheet)
72.6x
Trailing P/E
n.m.
Price / book
n.a.
EPS CAGR FY26–28E
No listed history (IPO Jul-2026). Stock is ~95% above the Rs 485 IPO price, i.e. ~88x FY26 EPS vs 45x at issue; global MIM peer Jiangsu Gian trades at 148x with 3.1% RoNW. EV/EBITDA n.m.; dividend yield 0.0%.
- Model date
- 8 Sep 2026 (prices 7–8 Sep 2026)
- Horizon
- 12 months (bank pages: Sep-2027 roll-forward)
- Audience
- Internal — the book's guardrail: do not quote a target to a client; quote the thesis and the risk
- Reviewer · version
- Investment Committee framework · v1 (book)
Current vs history
Trailing multiples, FY-end
| Ratio | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|
| P/E | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. |
| Price to Book | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. |
Tijori FY-end multiples on reported earnings/book; compatible definitions across years, but not the same basis as Buoyant's forward P/E on internal EPS.
UnavailableScenario lab disabled. Needs an approved forward EPS and forward P/E for Indo-MIM plus a reference price. Missing inputs are not substituted.