Indo-MIM shares jump 10% after strong Q1; Stock nearly doubles from IPO price

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Shares of the recently-listed Indo-MIM Ltd. gained 10% on Tuesday, August 18, as the stock will be reacting to the its first quarter results. These are the first quarterly results reported by Indo-MIM as a public company.

During the June quarter, Indo-MIM reported a strong operating performance, with its margins expanding both sequentially as well as on a year-on-year basis. Revenue also grew in double digits from the previous quarter.

For the June quarter, Indo-MIM reported revenue growth of 9% from last year to ₹1,219 crore. It had reported a topline of ₹1,114 crore during the same quarter last year.

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) during the quarter grew by 25% on a year-on-year basis to ₹407 crore from ₹327 crore earlier.

EBITDA margin expanded to 33.4% from 29.4% last year.

Shares of Indo-MIM had made a stellar debut on the Indian stock market exchanges on July 30, 2026 as they listed at a premium of 45%, compared to its issue price.

Indo-MIM is among the world’s largest manufacturer of Metal Injection Molding (MIM) components, combining powder metallurgy and plastic injection molding. Exports contribute to 77% of the overall topline.Shares of Indo-MIM shares were trading 9.7% up at 950.5 apiece. The stock is up 95.6% from its issue price of ₹485 per share and it is up 35.8% from its listing price of ₹700 per share.

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