IG Petrochemicals Ltd.
•₹ 475.20.88%
2026-08-21
PROS
- Latest quarter profit grew 611.6% YoY, showing strong momentum
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.66x)
- Stock looks reasonably valued - P/E of 18.0 is below its historical median
- Company has a consistent dividend-paying track record
- Company generates healthy free cash flow
CONS
- A large part of profit comes from other income (248.1% of PBT)
- Receivables are growing faster than sales - a possible quality concern
- Company has a low return on equity of 3.9% over last 3 years
- Company has a low return on capital employed of 6.6%
- Interest coverage is weak at 1.3x - earnings barely cover interest
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SOLARINDS | 19800.00 | 89.97 | 179170.31 | 0.06 | 666.37 | 88.98 | 3668.20 | 70.26 | 38.16 | 27.91 |
| 2. | PIDILITIND | 1650.00 | 63.40 | 167935.41 | 1.30 | 8835.10 | 1202.86 | 45515.50 | 1112.74 | 32.38 | 26.28 |
| 3. | SRF | 2575.00 | 35.31 | 76329.39 | 0.35 | 758.87 | 75.53 | 5033.26 | 34.63 | 14.21 | 24.57 |
| 4. | FLUOROCHEM | 4679.55 | 83.59 | 51404.86 | 0.06 | 219.00 | 19.02 | 1588.00 | 23.97 | 10.02 | 26.83 |
| 5. | NAVINFLUOR | 8281.50 | 53.80 | 42484.11 | 0.18 | 243.31 | 107.67 | 1045.08 | 44.07 | 21.39 | 34.17 |
| 6. | GODREJIND | 1217.10 | 34.87 | 40998.14 | 0.00 | 523.36 | -27.85 | 5448.09 | 22.16 | 10.64 | 12.82 |
| 7. | DEEPAKNTR | 1767.85 | 30.78 | 24112.24 | 0.42 | 345.01 | 207.36 | 2577.60 | 36.39 | 11.58 | 20.96 |
| 8. | AETHER | 1639.40 | 92.52 | 21759.40 | 0.00 | 62.75 | 33.45 | 326.56 | 27.49 | 11.65 | 31.47 |
| 9. | ATUL | 6581.75 | 24.36 | 19377.83 | 0.46 | 253.93 | 91.85 | 1847.95 | 25.03 | 15.05 | 21.41 |
| 10. | AARTIIND | 526.90 | 35.99 | 19112.07 | 0.19 | 155.00 | 260.47 | 2387.00 | 42.42 | 6.39 | 16.00 |
| 11. | DEEPAKFERT | 1474.65 | 18.98 | 18678.34 | 0.68 | 490.04 | 100.95 | 3256.26 | 22.47 | 12.12 | 25.96 |
| 12. | IGPL | 476.45 | 17.97 | 1467.22 | 1.05 | 66.44 | 611.60 | 617.80 | 31.43 | 3.12 | 18.16 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 555 | 502 | 488 | 554 | 585 | 583 | 558 | 480 | 470 | 465 | 465 | 524 | 618 | |
| 496 | 476 | 494 | 528 | 523 | 520 | 511 | 433 | 471 | 445 | 457 | 458 | 534 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 7 | 7 | 7 | 9 | 9 | 4 | 8 | 5 | 10 | 6 | 5 | 5 | 7 |
| Interest | 6 | 7 | 8 | 9 | 9 | 16 | 3 | 11 | 9 | 11 | 10 | 11 | 11 |
| Depreciation | 12 | 13 | 12 | 15 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 20 | 18 |
| 48 | 14 | -20 | 11 | 45 | 34 | 36 | 25 | -16 | -1 | -13 | 40 | 90 | |
| Tax % | 26.01% | 27.79% | 23.69% | 19.64% | 22.74% | 23.68% | 21.18% | 23.34% | 16.68% | -41.55% | 16.14% | 30.49% | 26.49% |
| Net Profit | 0 | 0 | 0 | 0 | 35 | 26 | 29 | 19 | -13 | -2 | -11 | 28 | 66 |
| 12 | 3 | -5 | 3 | 11 | 8 | 9 | 6 | -4 | -1 | -4 | 9 | 2 | |
| Equity Capital | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 555
- 496
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 6
- Depreciation
- 12
- 48
- Tax %
- 26.01%
- Net Profit
- 0
- 12
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 502
- 476
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 7
- Depreciation
- 13
- 14
- Tax %
- 27.79%
- Net Profit
- 0
- 3
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 488
- 494
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 8
- Depreciation
- 12
- -20
- Tax %
- 23.69%
- Net Profit
- 0
- -5
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 554
- 528
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 9
- Depreciation
- 15
- 11
- Tax %
- 19.64%
- Net Profit
- 0
- 3
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 585
- 523
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 9
- Depreciation
- 16
- 45
- Tax %
- 22.74%
- Net Profit
- 35
- 11
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 583
- 520
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 16
- Depreciation
- 16
- 34
- Tax %
- 23.68%
- Net Profit
- 26
- 8
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 558
- 511
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 3
- Depreciation
- 16
- 36
- Tax %
- 21.18%
- Net Profit
- 29
- 9
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 480
- 433
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 11
- Depreciation
- 16
- 25
- Tax %
- 23.34%
- Net Profit
- 19
- 6
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 470
- 471
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 9
- Depreciation
- 16
- -16
- Tax %
- 16.68%
- Net Profit
- -13
- -4
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 465
- 445
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 11
- Depreciation
- 16
- -1
- Tax %
- -41.55%
- Net Profit
- -2
- -1
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 465
- 457
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 10
- Depreciation
- 16
- -13
- Tax %
- 16.14%
- Net Profit
- -11
- -4
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 524
- 458
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 11
- Depreciation
- 20
- 40
- Tax %
- 30.49%
- Net Profit
- 28
- 9
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 618
- 534
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 11
- Depreciation
- 18
- 90
- Tax %
- 26.49%
- Net Profit
- 66
- 2
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,037 | 1,144 | 1,304 | 1,059 | 1,124 | 1,883 | 2,352 | 2,099 | 2,206 | 1,925 | 2,073 | |
| 874 | 877 | 1,081 | 987 | 827 | 1,480 | 2,035 | 1,994 | 1,987 | 1,830 | 1,894 | |
| Operating Profit | 171 | 271 | 234 | 78 | 302 | 414 | 340 | 136 | 245 | 120 | — |
| OPM % | 17 | 24 | 18 | 7 | 27 | 22 | 14 | 6 | 11 | 6 | — |
| Other Income | 8 | 4 | 11 | 6 | 6 | 11 | 22 | 31 | 26 | 26 | 22 |
| Interest | 18 | 15 | 12 | 16 | 15 | 13 | 24 | 30 | 39 | 41 | 43 |
| Depreciation | 21 | 26 | 26 | 30 | 34 | 44 | 47 | 52 | 65 | 69 | 70 |
| 132 | 230 | 187 | 32 | 253 | 356 | 268 | 53 | 141 | 10 | 116 | |
| Tax % | 23 | 37 | 37 | 35 | 26 | 26 | 25 | 26 | 23 | 79 | 30 |
| Net Profit | 102 | 146 | 117 | 21 | 188 | 265 | 200 | 40 | 109 | 2 | 82 |
| EPS | 33 | 47 | 38 | 7 | 61 | 86 | 65 | 13 | 35 | 1 | — |
| Dividend Payout % | 9 | 8 | 11 | 29 | 12 | 12 | 15 | 58 | 28 | 694 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 33 | 47 | 38 | 7 | 61 | 86 | 65 | 13 | 35 | 1 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 33 | 47 | 38 | 7 | 61 | 86 | 65 | 13 | 35 | 1 | — |
Mar 2017
- 1,037
- 874
- Operating Profit
- 171
- OPM %
- 17
- Other Income
- 8
- Interest
- 18
- Depreciation
- 21
- 132
- Tax %
- 23
- Net Profit
- 102
- EPS
- 33
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
Mar 2018
- 1,144
- 877
- Operating Profit
- 271
- OPM %
- 24
- Other Income
- 4
- Interest
- 15
- Depreciation
- 26
- 230
- Tax %
- 37
- Net Profit
- 146
- EPS
- 47
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 47
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 47
Mar 2019
- 1,304
- 1,081
- Operating Profit
- 234
- OPM %
- 18
- Other Income
- 11
- Interest
- 12
- Depreciation
- 26
- 187
- Tax %
- 37
- Net Profit
- 117
- EPS
- 38
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 38
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 38
Mar 2020
- 1,059
- 987
- Operating Profit
- 78
- OPM %
- 7
- Other Income
- 6
- Interest
- 16
- Depreciation
- 30
- 32
- Tax %
- 35
- Net Profit
- 21
- EPS
- 7
- Dividend Payout %
- 29
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2021
- 1,124
- 827
- Operating Profit
- 302
- OPM %
- 27
- Other Income
- 6
- Interest
- 15
- Depreciation
- 34
- 253
- Tax %
- 26
- Net Profit
- 188
- EPS
- 61
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 61
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 61
Mar 2022
- 1,883
- 1,480
- Operating Profit
- 414
- OPM %
- 22
- Other Income
- 11
- Interest
- 13
- Depreciation
- 44
- 356
- Tax %
- 26
- Net Profit
- 265
- EPS
- 86
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 86
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 86
Mar 2023
- 2,352
- 2,035
- Operating Profit
- 340
- OPM %
- 14
- Other Income
- 22
- Interest
- 24
- Depreciation
- 47
- 268
- Tax %
- 25
- Net Profit
- 200
- EPS
- 65
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 65
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 65
Mar 2024
- 2,099
- 1,994
- Operating Profit
- 136
- OPM %
- 6
- Other Income
- 31
- Interest
- 30
- Depreciation
- 52
- 53
- Tax %
- 26
- Net Profit
- 40
- EPS
- 13
- Dividend Payout %
- 58
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2025
- 2,206
- 1,987
- Operating Profit
- 245
- OPM %
- 11
- Other Income
- 26
- Interest
- 39
- Depreciation
- 65
- 141
- Tax %
- 23
- Net Profit
- 109
- EPS
- 35
- Dividend Payout %
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 35
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 35
Mar 2026
- 1,925
- 1,830
- Operating Profit
- 120
- OPM %
- 6
- Other Income
- 26
- Interest
- 41
- Depreciation
- 69
- 10
- Tax %
- 79
- Net Profit
- 2
- EPS
- 1
- Dividend Payout %
- 694
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
TTM
- 2,073
- 1,894
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 43
- Depreciation
- 70
- 116
- Tax %
- 30
- Net Profit
- 82
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 7%
- 5 Years:
- 11%
- 3 Years:
- -6%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- -28%
- 5 Years:
- -59%
- 3 Years:
- -78%
STOCK PRICE CAGR
- 10 Years:
- 11%
- 5 Years:
- -3%
- 3 Years:
- 2%
- 1 Year:
- 8%
RETURN ON EQUITY
- 10 Years:
- 17%
- 5 Years:
- 11%
- 3 Years:
- 4%
- Last Year:
- 0%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| 361 | 497 | 598 | 602 | 791 | 1,031 | 1,204 | 1,216 | 1,308 | 1,302 | |
| 2 | 33 | 66 | 39 | 36 | 42 | 54 | 87 | 41 | 134 | |
| Trade Payables | 171 | 150 | 230 | 200 | 221 | 295 | 371 | 377 | 453 | 387 |
| 93 | 149 | 221 | 290 | 245 | 252 | 332 | 423 | 378 | 446 | |
| Total Liabilities | 658 | 860 | 1,146 | 1,161 | 1,324 | 1,651 | 1,992 | 2,135 | 2,211 | 2,300 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 324 | 403 | 389 | 471 | 701 | 736 | 717 | 1,030 | 1,016 | 958 | |
| Capital Work in Progress | 11 | 89 | 283 | 339 | 132 | 118 | 349 | 158 | 234 | 173 |
| 17 | 60 | 70 | 12 | 16 | 81 | 182 | 144 | 134 | 88 | |
| 97 | 94 | 129 | 95 | 144 | 152 | 165 | 200 | 294 | 207 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 337 | 285 | 350 | |
| Cash & Bank | 30 | 22 | 36 | 49 | 74 | 128 | 192 | 184 | 184 | 186 |
| 180 | 192 | 238 | 195 | 258 | 437 | 388 | 84 | 64 | 338 | |
| Total Assets | 658 | 860 | 1,146 | 1,161 | 1,324 | 1,651 | 1,992 | 2,135 | 2,211 | 2,300 |
| Total Debt | 82 | 87 | 194 | 230 | 164 | 172 | 249 | 365 | 267 | 356 |
| Net Working Capital | 87 | 90 | 111 | 31 | 113 | 319 | 317 | 285 | 274 | 242 |
| Contingent Liabilities | 104 | 107 | 87 | 94 | 99 | 88 | 79 | 53 | 57 | 92 |
| Book Value per Share | 127.15 | 171.38 | 204.28 | 205.46 | 266.93 | 344.90 | 401.01 | 404.91 | 434.75 | 432.83 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 82 | 87 | 194 | 230 | 164 | 172 | 249 | 365 | 267 | 356 |
| Net Working Capital | 87 | 90 | 111 | 31 | 113 | 319 | 317 | 285 | 274 | 242 |
| Contingent Liabilities | 104 | 107 | 87 | 94 | 99 | 88 | 79 | 53 | 57 | 92 |
| Book Value per Share | 127.15 | 171.38 | 204.28 | 205.46 | 266.93 | 344.90 | 401.01 | 404.91 | 434.75 | 432.83 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 31
- 361
- 2
- Trade Payables
- 171
- 93
- Total Liabilities
- 658
- 324
- Capital Work in Progress
- 11
- 17
- 97
- 0
- Cash & Bank
- 30
- 180
- Total Assets
- 658
- Total Debt
- 82
- Net Working Capital
- 87
- Contingent Liabilities
- 104
- Book Value per Share
- 127.15
- Face Value
- 10.00
- Total Debt
- 82
- Net Working Capital
- 87
- Contingent Liabilities
- 104
- Book Value per Share
- 127.15
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 31
- 497
- 33
- Trade Payables
- 150
- 149
- Total Liabilities
- 860
- 403
- Capital Work in Progress
- 89
- 60
- 94
- 0
- Cash & Bank
- 22
- 192
- Total Assets
- 860
- Total Debt
- 87
- Net Working Capital
- 90
- Contingent Liabilities
- 107
- Book Value per Share
- 171.38
- Face Value
- 10.00
- Total Debt
- 87
- Net Working Capital
- 90
- Contingent Liabilities
- 107
- Book Value per Share
- 171.38
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 31
- 598
- 66
- Trade Payables
- 230
- 221
- Total Liabilities
- 1,146
- 389
- Capital Work in Progress
- 283
- 70
- 129
- 0
- Cash & Bank
- 36
- 238
- Total Assets
- 1,146
- Total Debt
- 194
- Net Working Capital
- 111
- Contingent Liabilities
- 87
- Book Value per Share
- 204.28
- Face Value
- 10.00
- Total Debt
- 194
- Net Working Capital
- 111
- Contingent Liabilities
- 87
- Book Value per Share
- 204.28
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 31
- 602
- 39
- Trade Payables
- 200
- 290
- Total Liabilities
- 1,161
- 471
- Capital Work in Progress
- 339
- 12
- 95
- 0
- Cash & Bank
- 49
- 195
- Total Assets
- 1,161
- Total Debt
- 230
- Net Working Capital
- 31
- Contingent Liabilities
- 94
- Book Value per Share
- 205.46
- Face Value
- 10.00
- Total Debt
- 230
- Net Working Capital
- 31
- Contingent Liabilities
- 94
- Book Value per Share
- 205.46
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 31
- 791
- 36
- Trade Payables
- 221
- 245
- Total Liabilities
- 1,324
- 701
- Capital Work in Progress
- 132
- 16
- 144
- 0
- Cash & Bank
- 74
- 258
- Total Assets
- 1,324
- Total Debt
- 164
- Net Working Capital
- 113
- Contingent Liabilities
- 99
- Book Value per Share
- 266.93
- Face Value
- 10.00
- Total Debt
- 164
- Net Working Capital
- 113
- Contingent Liabilities
- 99
- Book Value per Share
- 266.93
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 31
- 1,031
- 42
- Trade Payables
- 295
- 252
- Total Liabilities
- 1,651
- 736
- Capital Work in Progress
- 118
- 81
- 152
- 0
- Cash & Bank
- 128
- 437
- Total Assets
- 1,651
- Total Debt
- 172
- Net Working Capital
- 319
- Contingent Liabilities
- 88
- Book Value per Share
- 344.90
- Face Value
- 10.00
- Total Debt
- 172
- Net Working Capital
- 319
- Contingent Liabilities
- 88
- Book Value per Share
- 344.90
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 31
- 1,204
- 54
- Trade Payables
- 371
- 332
- Total Liabilities
- 1,992
- 717
- Capital Work in Progress
- 349
- 182
- 165
- 0
- Cash & Bank
- 192
- 388
- Total Assets
- 1,992
- Total Debt
- 249
- Net Working Capital
- 317
- Contingent Liabilities
- 79
- Book Value per Share
- 401.01
- Face Value
- 10.00
- Total Debt
- 249
- Net Working Capital
- 317
- Contingent Liabilities
- 79
- Book Value per Share
- 401.01
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 31
- 1,216
- 87
- Trade Payables
- 377
- 423
- Total Liabilities
- 2,135
- 1,030
- Capital Work in Progress
- 158
- 144
- 200
- 337
- Cash & Bank
- 184
- 84
- Total Assets
- 2,135
- Total Debt
- 365
- Net Working Capital
- 285
- Contingent Liabilities
- 53
- Book Value per Share
- 404.91
- Face Value
- 10.00
- Total Debt
- 365
- Net Working Capital
- 285
- Contingent Liabilities
- 53
- Book Value per Share
- 404.91
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 31
- 1,308
- 41
- Trade Payables
- 453
- 378
- Total Liabilities
- 2,211
- 1,016
- Capital Work in Progress
- 234
- 134
- 294
- 285
- Cash & Bank
- 184
- 64
- Total Assets
- 2,211
- Total Debt
- 267
- Net Working Capital
- 274
- Contingent Liabilities
- 57
- Book Value per Share
- 434.75
- Face Value
- 10.00
- Total Debt
- 267
- Net Working Capital
- 274
- Contingent Liabilities
- 57
- Book Value per Share
- 434.75
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 31
- 1,302
- 134
- Trade Payables
- 387
- 446
- Total Liabilities
- 2,300
- 958
- Capital Work in Progress
- 173
- 88
- 207
- 350
- Cash & Bank
- 186
- 338
- Total Assets
- 2,300
- Total Debt
- 356
- Net Working Capital
- 242
- Contingent Liabilities
- 92
- Book Value per Share
- 432.83
- Face Value
- 10.00
- Total Debt
- 356
- Net Working Capital
- 242
- Contingent Liabilities
- 92
- Book Value per Share
- 432.83
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 94 | 201 | 139 | 84 | 183 | 109 | 233 | 37 | 261 | 102 | |
| Cash from Investing | -42 | -164 | -216 | -104 | -72 | -106 | -255 | -115 | -92 | -89 |
| Cash from Financing | -50 | -35 | 58 | 35 | -80 | -19 | 21 | 48 | -138 | -53 |
| 2 | 2 | -19 | 15 | 30 | -15 | -2 | -29 | 31 | -39 | |
| Free Cash Flow | 53 | 20 | -53 | -81 | 133 | 68 | -16 | -116 | 155 | 102 |
| OCF / Net Profit | 0.92 | 1.37 | 1.19 | 4.01 | 0.97 | 0.41 | 1.16 | 0.94 | 2.40 | 46.05 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 72 | 87 | 51 | -12 | 224 | 194 |
| OCF / Net Profit | 0.92 | 1.37 | 1.19 | 4.01 | 0.97 | 0.41 | 1.16 | 0.94 | 2.40 | 46.05 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 72 | 87 | 51 | -12 | 224 | 194 |
Mar 2017
- 94
- Cash from Investing
- -42
- Cash from Financing
- -50
- 2
- Free Cash Flow
- 53
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- 0
Mar 2018
- 201
- Cash from Investing
- -164
- Cash from Financing
- -35
- 2
- Free Cash Flow
- 20
- OCF / Net Profit
- 1.37
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.37
- Cumulative 5-Year FCF
- 0
Mar 2019
- 139
- Cash from Investing
- -216
- Cash from Financing
- 58
- -19
- Free Cash Flow
- -53
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 0
Mar 2020
- 84
- Cash from Investing
- -104
- Cash from Financing
- 35
- 15
- Free Cash Flow
- -81
- OCF / Net Profit
- 4.01
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.01
- Cumulative 5-Year FCF
- 0
Mar 2021
- 183
- Cash from Investing
- -72
- Cash from Financing
- -80
- 30
- Free Cash Flow
- 133
- OCF / Net Profit
- 0.97
- Cumulative 5-Year FCF
- 72
- OCF / Net Profit
- 0.97
- Cumulative 5-Year FCF
- 72
Mar 2022
- 109
- Cash from Investing
- -106
- Cash from Financing
- -19
- -15
- Free Cash Flow
- 68
- OCF / Net Profit
- 0.41
- Cumulative 5-Year FCF
- 87
- OCF / Net Profit
- 0.41
- Cumulative 5-Year FCF
- 87
Mar 2023
- 233
- Cash from Investing
- -255
- Cash from Financing
- 21
- -2
- Free Cash Flow
- -16
- OCF / Net Profit
- 1.16
- Cumulative 5-Year FCF
- 51
- OCF / Net Profit
- 1.16
- Cumulative 5-Year FCF
- 51
Mar 2024
- 37
- Cash from Investing
- -115
- Cash from Financing
- 48
- -29
- Free Cash Flow
- -116
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- -12
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- -12
Mar 2025
- 261
- Cash from Investing
- -92
- Cash from Financing
- -138
- 31
- Free Cash Flow
- 155
- OCF / Net Profit
- 2.40
- Cumulative 5-Year FCF
- 224
- OCF / Net Profit
- 2.40
- Cumulative 5-Year FCF
- 224
Mar 2026
- 102
- Cash from Investing
- -89
- Cash from Financing
- -53
- -39
- Free Cash Flow
- 102
- OCF / Net Profit
- 46.05
- Cumulative 5-Year FCF
- 194
- OCF / Net Profit
- 46.05
- Cumulative 5-Year FCF
- 194
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 32.98 | 47.42 | 37.94 | 6.78 | 61.08 | 85.89 | 64.95 | 12.83 | 35.30 | 0.72 |
| Book Value (₹) | 127.15 | 171.38 | 204.28 | 205.46 | 266.93 | 344.90 | 401.01 | 404.91 | 434.75 | 432.83 |
| Dividend per Share (₹) | 3.00 | 4.00 | 4.00 | 2.00 | 7.50 | 10.00 | 10.00 | 7.50 | 10.00 | 5.00 |
| Cash EPS (₹) | 39.84 | 55.76 | 46.54 | 16.49 | 72.16 | 100.29 | 80.35 | 29.75 | 56.49 | 23.15 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 15.09% | 23.14% | 17.92% | 7.37% | 26.87% | 21.96% | 14.44% | 5.02% | 9.93% | 4.92% |
| Net Margin % | 8.94% | 12.47% | 8.96% | 1.97% | 16.74% | 14.05% | 8.50% | 1.88% | 4.93% | 0.12% |
| ROE % | 29.73% | 31.77% | 20.20% | 3.31% | 25.86% | 28.08% | 17.42% | 3.18% | 8.41% | 0.17% |
| ROCE % | 34.07% | 45.07% | 27.67% | 5.68% | 28.91% | 33.25% | 21.50% | 5.42% | 11.15% | 3.12% |
| 16.43% | 19.24% | 11.65% | 1.81% | 15.14% | 17.78% | 10.98% | 1.91% | 5.00% | 0.10% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 42 | 45 | 45 | 56 | 56 | 53 | 52 | 57 | 51 | 60 |
| Inventory Days | 30 | 30 | 31 | 39 | 39 | 29 | 25 | 32 | 41 | 47 |
| Payable Days | 79 | 80 | 76 | 96 | 118 | 76 | 68 | 79 | 90 | 102 |
| -7 | -6 | 0 | -1 | -23 | 6 | 8 | 10 | 2 | 6 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.21x | 0.16x | 0.31x | 0.36x | 0.20x | 0.16x | 0.20x | 0.29x | 0.20x | 0.27x |
| Interest Coverage (x) | 8.23x | 16.42x | 16.37x | 3.00x | 18.36x | 28.66x | 12.22x | 2.76x | 4.62x | 1.25x |
| 1.43x | 1.40x | 1.33x | 1.11x | 1.34x | 1.81x | 1.64x | 1.51x | 1.46x | 1.37x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 8.88% | 10.28% | 13.94% | -18.80% | 6.14% | 67.56% | 24.94% | -10.77% | 5.11% | -12.75% |
| Operating Profit Growth % | 46.79% | 58.12% | -13.80% | -66.58% | 286.77% | 36.97% | -17.87% | -59.98% | 79.96% | -50.74% |
| Net Profit Growth % | 68.75% | 43.78% | -19.98% | -82.13% | 800.99% | 40.61% | -24.38% | -80.25% | 175.09% | -97.96% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -80.25% | 175.09% | -97.96% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 33.52x | 12.03x | 463.99x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.06x | 0.98x | 0.77x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.74% | 2.36% | 1.50% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 11.08x | 5.69x | 9.95x |
Mar 2017
- EPS (₹)
- 32.98
- Book Value (₹)
- 127.15
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 39.84
- Operating Margin %
- 15.09%
- Net Margin %
- 8.94%
- ROE %
- 29.73%
- ROCE %
- 34.07%
- 16.43%
- Debtor Days
- 42
- Inventory Days
- 30
- Payable Days
- 79
- -7
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 8.23x
- 1.43x
- Revenue Growth %
- 8.88%
- Operating Profit Growth %
- 46.79%
- Net Profit Growth %
- 68.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 47.42
- Book Value (₹)
- 171.38
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 55.76
- Operating Margin %
- 23.14%
- Net Margin %
- 12.47%
- ROE %
- 31.77%
- ROCE %
- 45.07%
- 19.24%
- Debtor Days
- 45
- Inventory Days
- 30
- Payable Days
- 80
- -6
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 16.42x
- 1.40x
- Revenue Growth %
- 10.28%
- Operating Profit Growth %
- 58.12%
- Net Profit Growth %
- 43.78%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 37.94
- Book Value (₹)
- 204.28
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 46.54
- Operating Margin %
- 17.92%
- Net Margin %
- 8.96%
- ROE %
- 20.20%
- ROCE %
- 27.67%
- 11.65%
- Debtor Days
- 45
- Inventory Days
- 31
- Payable Days
- 76
- 0
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 16.37x
- 1.33x
- Revenue Growth %
- 13.94%
- Operating Profit Growth %
- -13.80%
- Net Profit Growth %
- -19.98%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 6.78
- Book Value (₹)
- 205.46
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 16.49
- Operating Margin %
- 7.37%
- Net Margin %
- 1.97%
- ROE %
- 3.31%
- ROCE %
- 5.68%
- 1.81%
- Debtor Days
- 56
- Inventory Days
- 39
- Payable Days
- 96
- -1
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 3.00x
- 1.11x
- Revenue Growth %
- -18.80%
- Operating Profit Growth %
- -66.58%
- Net Profit Growth %
- -82.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 61.08
- Book Value (₹)
- 266.93
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 72.16
- Operating Margin %
- 26.87%
- Net Margin %
- 16.74%
- ROE %
- 25.86%
- ROCE %
- 28.91%
- 15.14%
- Debtor Days
- 56
- Inventory Days
- 39
- Payable Days
- 118
- -23
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- 18.36x
- 1.34x
- Revenue Growth %
- 6.14%
- Operating Profit Growth %
- 286.77%
- Net Profit Growth %
- 800.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 85.89
- Book Value (₹)
- 344.90
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 100.29
- Operating Margin %
- 21.96%
- Net Margin %
- 14.05%
- ROE %
- 28.08%
- ROCE %
- 33.25%
- 17.78%
- Debtor Days
- 53
- Inventory Days
- 29
- Payable Days
- 76
- 6
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 28.66x
- 1.81x
- Revenue Growth %
- 67.56%
- Operating Profit Growth %
- 36.97%
- Net Profit Growth %
- 40.61%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 64.95
- Book Value (₹)
- 401.01
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 80.35
- Operating Margin %
- 14.44%
- Net Margin %
- 8.50%
- ROE %
- 17.42%
- ROCE %
- 21.50%
- 10.98%
- Debtor Days
- 52
- Inventory Days
- 25
- Payable Days
- 68
- 8
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- 12.22x
- 1.64x
- Revenue Growth %
- 24.94%
- Operating Profit Growth %
- -17.87%
- Net Profit Growth %
- -24.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 12.83
- Book Value (₹)
- 404.91
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 29.75
- Operating Margin %
- 5.02%
- Net Margin %
- 1.88%
- ROE %
- 3.18%
- ROCE %
- 5.42%
- 1.91%
- Debtor Days
- 57
- Inventory Days
- 32
- Payable Days
- 79
- 10
- Debt to Equity (x)
- 0.29x
- Interest Coverage (x)
- 2.76x
- 1.51x
- Revenue Growth %
- -10.77%
- Operating Profit Growth %
- -59.98%
- Net Profit Growth %
- -80.25%
- -80.25%
- P/E (x)
- 33.52x
- P/B (x)
- 1.06x
- Dividend Yield %
- 1.74%
- 11.08x
Mar 2025
- EPS (₹)
- 35.30
- Book Value (₹)
- 434.75
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 56.49
- Operating Margin %
- 9.93%
- Net Margin %
- 4.93%
- ROE %
- 8.41%
- ROCE %
- 11.15%
- 5.00%
- Debtor Days
- 51
- Inventory Days
- 41
- Payable Days
- 90
- 2
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- 4.62x
- 1.46x
- Revenue Growth %
- 5.11%
- Operating Profit Growth %
- 79.96%
- Net Profit Growth %
- 175.09%
- 175.09%
- P/E (x)
- 12.03x
- P/B (x)
- 0.98x
- Dividend Yield %
- 2.36%
- 5.69x
Mar 2026
- EPS (₹)
- 0.72
- Book Value (₹)
- 432.83
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 23.15
- Operating Margin %
- 4.92%
- Net Margin %
- 0.12%
- ROE %
- 0.17%
- ROCE %
- 3.12%
- 0.10%
- Debtor Days
- 60
- Inventory Days
- 47
- Payable Days
- 102
- 6
- Debt to Equity (x)
- 0.27x
- Interest Coverage (x)
- 1.25x
- 1.37x
- Revenue Growth %
- -12.75%
- Operating Profit Growth %
- -50.74%
- Net Profit Growth %
- -97.96%
- -97.96%
- P/E (x)
- 463.99x
- P/B (x)
- 0.77x
- Dividend Yield %
- 1.50%
- 9.95x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-11 - IG Petrochemicals Limited has informed the Exchange about Transcript
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-07 - IG Petrochemicals Limited has informed the Exchange about Link of Recording
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
May 2026
Feb 2026