What we do Indian Toners & Developers Ltd manufactures compatible toners for photocopiers, laser printers, and digital multifunction printers with a strong presence in Indian domestic and export markets. |
Founded in 1,990 |
Market share Largest toner manufacturer with the single largest domestic market share in India. |
Problem solved Provides cost-effective, high-quality toner solutions to printing and imaging industries, reducing dependency on expensive original cartridges. |
Top clients or who we serve Serves over 600 wholesalers, 1600 refillers, 40000 jobbers across B2B and B2C segments in India and export markets. |
Key management Shri Sushil Jain (Chairman & CEO), Shri Akshat Jain (Managing Director), Shri Satyendra Paroothi (Whole-time Director). |
Our journey and innovations Started in 1990, expanded capacity via subsidiaries, integrated German plants, installed pilot and new production lines, and expanded solar power use. |
Where we operate Primarily India with growing export markets including North America via subsidiary in Florida, USA. |
Top products or what we offer Compatible toners for photocopiers, laser printers, digital multi-function printers with expanding portfolio including color toners in future. |
Top brands Indian Toners compatible toner powders - #1 in domestic toner manufacturing and largest market presence in India. |
Raw materials needed Raw chemicals and pigments required for toner powder manufacture. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely recurring via continuous sales to printing and imaging industries. |
Our industry position Market leader in compatible toner manufacturing in India with growing production capacity and distribution network. |
Financial highlights FY 2025-26 Revenue Rs.165.81 Cr, Net Profit Rs.27.23 Cr, 8.38% revenue growth YoY, 21.34% PAT growth. |
Geographical revenue split Approx. 84% Domestic Sales and 16% Export Sales. |
Order book - |
Whats driving growth Domestic market expansion, product innovation, export strategy diversification, and cost optimizations. |
Our future plans Expand production capacity to 5400 MT, launch color toners, enhance solar power and explore new projects/diversification. |
Our green promise Installed 1.5 MWP solar plant, planning further expansion for sustainable and cost-efficient operations. |
Our people and values 226 permanent employees with ethical workplace policies, zero tolerance on corruption, and emphasis on diversity and inclusion. |
Key challenges ahead Geopolitical risks impacting exports, competition from imports, and fluctuating raw material costs. |
Interesting facts One of the earliest Indian pioneers in compatible toner manufacturing with continuous capacity expansion and strong dividend payouts. |
Risks and strategy Mitigating geopolitical and demand risks via market diversification, cost management, R&D, and strengthening domestic presence. |
