IG Petrochemicals Ltd.
•₹ 475.20.88%
2026-08-21
PROS
- Latest quarter profit grew 964.4% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.30x)
- Company has been maintaining a healthy dividend payout of 66.5%
- Company has a consistent dividend-paying track record
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
CONS
- A large part of profit comes from other income (91.5% of PBT)
- Receivables are growing faster than sales - a possible quality concern
- Company has a low return on equity of 4.6% over last 3 years
- Company has a low return on capital employed of 7.2%
- Interest coverage is weak at 1.8x - 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 | 19650.00 | 89.29 | 177812.96 | 0.06 | 666.37 | 88.98 | 3668.20 | 70.26 | 38.16 | 27.91 |
| 2. | PIDILITIND | 1662.05 | 63.86 | 169161.84 | 1.29 | 8835.10 | 1202.86 | 45515.50 | 1112.74 | 32.38 | 26.28 |
| 3. | SRF | 2570.50 | 35.25 | 76196.00 | 0.35 | 758.87 | 75.53 | 5033.26 | 34.63 | 14.21 | 24.57 |
| 4. | FLUOROCHEM | 4678.85 | 83.57 | 51397.17 | 0.06 | 219.00 | 19.02 | 1588.00 | 23.97 | 10.02 | 26.83 |
| 5. | NAVINFLUOR | 8250.30 | 53.60 | 42324.05 | 0.18 | 243.31 | 107.67 | 1045.08 | 44.07 | 21.39 | 34.17 |
| 6. | GODREJIND | 1226.50 | 35.14 | 41314.78 | 0.00 | 523.36 | -27.85 | 5448.09 | 22.16 | 10.64 | 12.82 |
| 7. | DEEPAKNTR | 1749.95 | 30.47 | 23868.10 | 0.43 | 345.01 | 207.36 | 2577.60 | 36.39 | 11.58 | 20.96 |
| 8. | AETHER | 1634.55 | 92.24 | 21695.03 | 0.00 | 62.75 | 33.45 | 326.56 | 27.49 | 11.65 | 31.47 |
| 9. | ATUL | 6520.15 | 24.13 | 19196.47 | 0.46 | 253.93 | 91.85 | 1847.95 | 25.03 | 15.05 | 21.41 |
| 10. | AARTIIND | 521.50 | 35.62 | 18916.20 | 0.19 | 155.00 | 260.47 | 2387.00 | 42.42 | 6.39 | 16.00 |
| 11. | DEEPAKFERT | 1458.05 | 18.77 | 18468.08 | 0.69 | 490.04 | 100.95 | 3256.26 | 22.47 | 12.12 | 25.96 |
| 12. | IGPL | 470.45 | 17.74 | 1448.74 | 1.06 | 66.44 | 611.60 | 617.80 | 31.43 | 3.12 | 18.16 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 519 | 512 | 431 | 468 | 444 | 456 | 455 | 530 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 7 | 7 | 7 | 9 | 10 | 5 | 9 | 5 | 11 | 6 | 6 | 6 | 7 |
| Interest | 6 | 7 | 8 | 9 | 9 | 16 | 3 | 11 | 8 | 10 | 9 | 10 | 10 |
| Depreciation | 12 | 13 | 12 | 15 | 16 | 16 | 16 | 16 | 16 | 15 | 16 | 15 | 16 |
| 48 | 14 | -20 | 11 | 46 | 36 | 35 | 27 | -11 | 2 | -9 | 49 | 95 | |
| Tax % | 26.00% | 27.79% | 23.69% | 19.35% | 22.54% | 22.30% | 21.66% | 21.58% | 24.05% | 29.35% | 22.45% | 24.88% | 25.23% |
| Net Profit | 36 | 10 | -15 | 9 | 35 | 28 | 28 | 21 | -8 | 1 | -7 | 37 | 71 |
| 12 | 3 | -5 | 3 | 12 | 9 | 9 | 7 | -3 | 0 | -2 | 12 | 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 %
- 26.00%
- Net Profit
- 36
- 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
- 10
- 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
- -15
- -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 %
- 19.35%
- Net Profit
- 9
- 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
- 10
- Interest
- 9
- Depreciation
- 16
- 46
- Tax %
- 22.54%
- Net Profit
- 35
- 12
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 583
- 519
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 16
- Depreciation
- 16
- 36
- Tax %
- 22.30%
- Net Profit
- 28
- 9
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 558
- 512
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 3
- Depreciation
- 16
- 35
- Tax %
- 21.66%
- Net Profit
- 28
- 9
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 480
- 431
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 11
- Depreciation
- 16
- 27
- Tax %
- 21.58%
- Net Profit
- 21
- 7
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 470
- 468
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 8
- Depreciation
- 16
- -11
- Tax %
- 24.05%
- Net Profit
- -8
- -3
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 465
- 444
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 10
- Depreciation
- 15
- 2
- Tax %
- 29.35%
- Net Profit
- 1
- 0
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 465
- 456
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 9
- Depreciation
- 16
- -9
- Tax %
- 22.45%
- Net Profit
- -7
- -2
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 524
- 455
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 10
- Depreciation
- 15
- 49
- Tax %
- 24.88%
- Net Profit
- 37
- 12
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 618
- 530
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 10
- Depreciation
- 16
- 95
- Tax %
- 25.23%
- Net Profit
- 71
- 2
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 1,986 | 1,823 | 1,886 | |
| Operating Profit | 172 | 271 | 234 | 78 | 303 | 416 | 340 | 136 | 248 | 130 | — |
| OPM % | 17 | 24 | 18 | 7 | 27 | 22 | 14 | 6 | 11 | 7 | — |
| Other Income | 8 | 4 | 11 | 7 | 7 | 13 | 22 | 31 | 28 | 29 | 25 |
| Interest | 18 | 15 | 11 | 16 | 15 | 13 | 24 | 30 | 39 | 38 | 39 |
| Depreciation | 21 | 26 | 26 | 30 | 34 | 44 | 47 | 52 | 65 | 62 | 61 |
| 132 | 231 | 186 | 32 | 254 | 359 | 269 | 54 | 144 | 31 | 137 | |
| Tax % | 23 | 37 | 37 | 34 | 25 | 26 | 25 | 26 | 22 | 26 | 25 |
| Net Profit | 102 | 147 | 116 | 21 | 190 | 267 | 200 | 40 | 112 | 23 | 102 |
| EPS | 33 | 48 | 38 | 7 | 62 | 87 | 65 | 13 | 37 | 8 | — |
| Dividend Payout % | 9 | 8 | 11 | 29 | 12 | 12 | 15 | 58 | 27 | 66 | — |
| 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 | 48 | 38 | 7 | 62 | 87 | 65 | 13 | 37 | 8 | — |
| 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 | 48 | 38 | 7 | 62 | 87 | 65 | 13 | 37 | 8 | — |
Mar 2017
- 1,037
- 874
- Operating Profit
- 172
- 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
- 231
- Tax %
- 37
- Net Profit
- 147
- EPS
- 48
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 48
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 48
Mar 2019
- 1,304
- 1,081
- Operating Profit
- 234
- OPM %
- 18
- Other Income
- 11
- Interest
- 11
- Depreciation
- 26
- 186
- Tax %
- 37
- Net Profit
- 116
- 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
- 7
- Interest
- 16
- Depreciation
- 30
- 32
- Tax %
- 34
- 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
- 303
- OPM %
- 27
- Other Income
- 7
- Interest
- 15
- Depreciation
- 34
- 254
- Tax %
- 25
- Net Profit
- 190
- EPS
- 62
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 62
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 62
Mar 2022
- 1,883
- 1,480
- Operating Profit
- 416
- OPM %
- 22
- Other Income
- 13
- Interest
- 13
- Depreciation
- 44
- 359
- Tax %
- 26
- Net Profit
- 267
- EPS
- 87
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 87
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 87
Mar 2023
- 2,352
- 2,035
- Operating Profit
- 340
- OPM %
- 14
- Other Income
- 22
- Interest
- 24
- Depreciation
- 47
- 269
- 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
- 54
- 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
- 1,986
- Operating Profit
- 248
- OPM %
- 11
- Other Income
- 28
- Interest
- 39
- Depreciation
- 65
- 144
- Tax %
- 22
- Net Profit
- 112
- EPS
- 37
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 37
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 37
Mar 2026
- 1,925
- 1,823
- Operating Profit
- 130
- OPM %
- 7
- Other Income
- 29
- Interest
- 38
- Depreciation
- 62
- 31
- Tax %
- 26
- Net Profit
- 23
- EPS
- 8
- Dividend Payout %
- 66
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
TTM
- 2,073
- 1,886
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 39
- Depreciation
- 61
- 137
- Tax %
- 25
- Net Profit
- 102
- 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:
- -9%
- 5 Years:
- -34%
- 3 Years:
- -51%
STOCK PRICE CAGR
- 10 Years:
- 11%
- 5 Years:
- -3%
- 3 Years:
- 2%
- 1 Year:
- 5%
RETURN ON EQUITY
- 10 Years:
- 17%
- 5 Years:
- 12%
- 3 Years:
- 5%
- Last Year:
- 2%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 362 | 497 | 598 | 603 | 787 | 1,030 | 1,200 | 1,209 | 1,297 | 1,290 | |
| 2 | 0 | 33 | 6 | 0 | 7 | 18 | 57 | 10 | 56 | |
| Trade Payables | 171 | 150 | 230 | 200 | 221 | 295 | 371 | 377 | 453 | 387 |
| 93 | 149 | 221 | 290 | 245 | 252 | 330 | 420 | 377 | 446 | |
| Total Liabilities | 659 | 827 | 1,113 | 1,130 | 1,284 | 1,614 | 1,949 | 2,094 | 2,168 | 2,210 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 324 | 403 | 389 | 471 | 701 | 736 | 717 | 1,030 | 1,016 | 958 | |
| Capital Work in Progress | 11 | 26 | 216 | 267 | 41 | 18 | 232 | 3 | 41 | 173 |
| 19 | 90 | 113 | 55 | 58 | 123 | 269 | 252 | 242 | 196 | |
| 97 | 94 | 129 | 95 | 144 | 152 | 165 | 200 | 294 | 207 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 337 | 285 | 350 | |
| Cash & Bank | 30 | 21 | 25 | 36 | 43 | 108 | 178 | 175 | 183 | 159 |
| 179 | 193 | 240 | 205 | 297 | 477 | 388 | 97 | 107 | 166 | |
| Total Assets | 659 | 827 | 1,113 | 1,130 | 1,284 | 1,614 | 1,949 | 2,094 | 2,168 | 2,210 |
| Total Debt | 82 | 54 | 161 | 197 | 128 | 137 | 212 | 334 | 236 | 278 |
| Net Working Capital | 86 | 122 | 133 | 51 | 119 | 335 | 342 | 310 | 337 | 307 |
| Contingent Liabilities | 104 | 107 | 87 | 94 | 99 | 88 | 79 | 53 | 57 | 92 |
| Book Value per Share | 127.46 | 171.49 | 204.17 | 205.91 | 265.67 | 344.57 | 399.62 | 402.47 | 431.06 | 428.80 |
| 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 | 54 | 161 | 197 | 128 | 137 | 212 | 334 | 236 | 278 |
| Net Working Capital | 86 | 122 | 133 | 51 | 119 | 335 | 342 | 310 | 337 | 307 |
| Contingent Liabilities | 104 | 107 | 87 | 94 | 99 | 88 | 79 | 53 | 57 | 92 |
| Book Value per Share | 127.46 | 171.49 | 204.17 | 205.91 | 265.67 | 344.57 | 399.62 | 402.47 | 431.06 | 428.80 |
| 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
- 362
- 2
- Trade Payables
- 171
- 93
- Total Liabilities
- 659
- 324
- Capital Work in Progress
- 11
- 19
- 97
- 0
- Cash & Bank
- 30
- 179
- Total Assets
- 659
- Total Debt
- 82
- Net Working Capital
- 86
- Contingent Liabilities
- 104
- Book Value per Share
- 127.46
- Face Value
- 10.00
- Total Debt
- 82
- Net Working Capital
- 86
- Contingent Liabilities
- 104
- Book Value per Share
- 127.46
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 31
- 497
- 0
- Trade Payables
- 150
- 149
- Total Liabilities
- 827
- 403
- Capital Work in Progress
- 26
- 90
- 94
- 0
- Cash & Bank
- 21
- 193
- Total Assets
- 827
- Total Debt
- 54
- Net Working Capital
- 122
- Contingent Liabilities
- 107
- Book Value per Share
- 171.49
- Face Value
- 10.00
- Total Debt
- 54
- Net Working Capital
- 122
- Contingent Liabilities
- 107
- Book Value per Share
- 171.49
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 31
- 598
- 33
- Trade Payables
- 230
- 221
- Total Liabilities
- 1,113
- 389
- Capital Work in Progress
- 216
- 113
- 129
- 0
- Cash & Bank
- 25
- 240
- Total Assets
- 1,113
- Total Debt
- 161
- Net Working Capital
- 133
- Contingent Liabilities
- 87
- Book Value per Share
- 204.17
- Face Value
- 10.00
- Total Debt
- 161
- Net Working Capital
- 133
- Contingent Liabilities
- 87
- Book Value per Share
- 204.17
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 31
- 603
- 6
- Trade Payables
- 200
- 290
- Total Liabilities
- 1,130
- 471
- Capital Work in Progress
- 267
- 55
- 95
- 0
- Cash & Bank
- 36
- 205
- Total Assets
- 1,130
- Total Debt
- 197
- Net Working Capital
- 51
- Contingent Liabilities
- 94
- Book Value per Share
- 205.91
- Face Value
- 10.00
- Total Debt
- 197
- Net Working Capital
- 51
- Contingent Liabilities
- 94
- Book Value per Share
- 205.91
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 31
- 787
- 0
- Trade Payables
- 221
- 245
- Total Liabilities
- 1,284
- 701
- Capital Work in Progress
- 41
- 58
- 144
- 0
- Cash & Bank
- 43
- 297
- Total Assets
- 1,284
- Total Debt
- 128
- Net Working Capital
- 119
- Contingent Liabilities
- 99
- Book Value per Share
- 265.67
- Face Value
- 10.00
- Total Debt
- 128
- Net Working Capital
- 119
- Contingent Liabilities
- 99
- Book Value per Share
- 265.67
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 31
- 1,030
- 7
- Trade Payables
- 295
- 252
- Total Liabilities
- 1,614
- 736
- Capital Work in Progress
- 18
- 123
- 152
- 0
- Cash & Bank
- 108
- 477
- Total Assets
- 1,614
- Total Debt
- 137
- Net Working Capital
- 335
- Contingent Liabilities
- 88
- Book Value per Share
- 344.57
- Face Value
- 10.00
- Total Debt
- 137
- Net Working Capital
- 335
- Contingent Liabilities
- 88
- Book Value per Share
- 344.57
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 31
- 1,200
- 18
- Trade Payables
- 371
- 330
- Total Liabilities
- 1,949
- 717
- Capital Work in Progress
- 232
- 269
- 165
- 0
- Cash & Bank
- 178
- 388
- Total Assets
- 1,949
- Total Debt
- 212
- Net Working Capital
- 342
- Contingent Liabilities
- 79
- Book Value per Share
- 399.62
- Face Value
- 10.00
- Total Debt
- 212
- Net Working Capital
- 342
- Contingent Liabilities
- 79
- Book Value per Share
- 399.62
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 31
- 1,209
- 57
- Trade Payables
- 377
- 420
- Total Liabilities
- 2,094
- 1,030
- Capital Work in Progress
- 3
- 252
- 200
- 337
- Cash & Bank
- 175
- 97
- Total Assets
- 2,094
- Total Debt
- 334
- Net Working Capital
- 310
- Contingent Liabilities
- 53
- Book Value per Share
- 402.47
- Face Value
- 10.00
- Total Debt
- 334
- Net Working Capital
- 310
- Contingent Liabilities
- 53
- Book Value per Share
- 402.47
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 31
- 1,297
- 10
- Trade Payables
- 453
- 377
- Total Liabilities
- 2,168
- 1,016
- Capital Work in Progress
- 41
- 242
- 294
- 285
- Cash & Bank
- 183
- 107
- Total Assets
- 2,168
- Total Debt
- 236
- Net Working Capital
- 337
- Contingent Liabilities
- 57
- Book Value per Share
- 431.06
- Face Value
- 10.00
- Total Debt
- 236
- Net Working Capital
- 337
- Contingent Liabilities
- 57
- Book Value per Share
- 431.06
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 31
- 1,290
- 56
- Trade Payables
- 387
- 446
- Total Liabilities
- 2,210
- 958
- Capital Work in Progress
- 173
- 196
- 207
- 350
- Cash & Bank
- 159
- 166
- Total Assets
- 2,210
- Total Debt
- 278
- Net Working Capital
- 307
- Contingent Liabilities
- 92
- Book Value per Share
- 428.80
- Face Value
- 10.00
- Total Debt
- 278
- Net Working Capital
- 307
- Contingent Liabilities
- 92
- Book Value per Share
- 428.80
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 95 | 198 | 147 | 84 | 145 | 109 | 234 | 37 | 265 | 102 | |
| Cash from Investing | -43 | -129 | -234 | -99 | -52 | -98 | -249 | -115 | -88 | -71 |
| Cash from Financing | -50 | -67 | 58 | 35 | -80 | -19 | 21 | 48 | -136 | -96 |
| 2 | 2 | -30 | 20 | 12 | -8 | 5 | -30 | 41 | -65 | |
| Free Cash Flow | 55 | 80 | -41 | -75 | 113 | 77 | 2 | -78 | 197 | -20 |
| OCF / Net Profit | 0.93 | 1.35 | 1.26 | 3.99 | 0.76 | 0.41 | 1.17 | 0.94 | 2.35 | 4.40 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 131 | 153 | 75 | 38 | 311 | 178 |
| OCF / Net Profit | 0.93 | 1.35 | 1.26 | 3.99 | 0.76 | 0.41 | 1.17 | 0.94 | 2.35 | 4.40 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 131 | 153 | 75 | 38 | 311 | 178 |
Mar 2017
- 95
- Cash from Investing
- -43
- Cash from Financing
- -50
- 2
- Free Cash Flow
- 55
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 0
Mar 2018
- 198
- Cash from Investing
- -129
- Cash from Financing
- -67
- 2
- Free Cash Flow
- 80
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 0
Mar 2019
- 147
- Cash from Investing
- -234
- Cash from Financing
- 58
- -30
- Free Cash Flow
- -41
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 0
Mar 2020
- 84
- Cash from Investing
- -99
- Cash from Financing
- 35
- 20
- Free Cash Flow
- -75
- OCF / Net Profit
- 3.99
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.99
- Cumulative 5-Year FCF
- 0
Mar 2021
- 145
- Cash from Investing
- -52
- Cash from Financing
- -80
- 12
- Free Cash Flow
- 113
- OCF / Net Profit
- 0.76
- Cumulative 5-Year FCF
- 131
- OCF / Net Profit
- 0.76
- Cumulative 5-Year FCF
- 131
Mar 2022
- 109
- Cash from Investing
- -98
- Cash from Financing
- -19
- -8
- Free Cash Flow
- 77
- OCF / Net Profit
- 0.41
- Cumulative 5-Year FCF
- 153
- OCF / Net Profit
- 0.41
- Cumulative 5-Year FCF
- 153
Mar 2023
- 234
- Cash from Investing
- -249
- Cash from Financing
- 21
- 5
- Free Cash Flow
- 2
- OCF / Net Profit
- 1.17
- Cumulative 5-Year FCF
- 75
- OCF / Net Profit
- 1.17
- Cumulative 5-Year FCF
- 75
Mar 2024
- 37
- Cash from Investing
- -115
- Cash from Financing
- 48
- -30
- Free Cash Flow
- -78
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 38
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 38
Mar 2025
- 265
- Cash from Investing
- -88
- Cash from Financing
- -136
- 41
- Free Cash Flow
- 197
- OCF / Net Profit
- 2.35
- Cumulative 5-Year FCF
- 311
- OCF / Net Profit
- 2.35
- Cumulative 5-Year FCF
- 311
Mar 2026
- 102
- Cash from Investing
- -71
- Cash from Financing
- -96
- -65
- Free Cash Flow
- -20
- OCF / Net Profit
- 4.40
- Cumulative 5-Year FCF
- 178
- OCF / Net Profit
- 4.40
- Cumulative 5-Year FCF
- 178
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 33.10 | 47.59 | 37.83 | 6.83 | 61.54 | 86.61 | 65.05 | 12.90 | 36.52 | 7.52 |
| Book Value (₹) | 127.46 | 171.49 | 204.17 | 205.91 | 265.67 | 344.57 | 399.62 | 402.47 | 431.06 | 428.80 |
| 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 (₹) | 39.96 | 55.93 | 46.42 | 16.54 | 72.62 | 101.01 | 80.45 | 29.82 | 57.71 | 27.50 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 15.11% | 23.18% | 17.93% | 7.39% | 27.00% | 22.08% | 14.45% | 5.02% | 10.00% | 5.29% |
| Net Margin % | 8.98% | 12.52% | 8.93% | 1.99% | 16.87% | 14.17% | 8.52% | 1.89% | 5.10% | 1.20% |
| ROE % | 29.79% | 31.84% | 20.14% | 3.33% | 26.10% | 28.39% | 17.48% | 3.22% | 8.76% | 1.75% |
| ROCE % | 34.11% | 46.50% | 28.83% | 5.93% | 30.24% | 34.65% | 22.16% | 5.57% | 11.67% | 4.36% |
| 16.47% | 19.72% | 12.01% | 1.88% | 15.71% | 18.41% | 11.24% | 1.96% | 5.28% | 1.06% | |
| 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 | 0.10x | 0.26x | 0.31x | 0.16x | 0.13x | 0.17x | 0.27x | 0.18x | 0.21x |
| Interest Coverage (x) | 8.25x | 16.51x | 17.29x | 3.01x | 18.45x | 28.83x | 12.23x | 2.76x | 4.72x | 1.84x |
| 1.43x | 1.63x | 1.44x | 1.20x | 1.41x | 1.94x | 1.75x | 1.59x | 1.59x | 1.54x | |
| 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% | 58.15% | -13.90% | -66.53% | 287.77% | 37.06% | -18.23% | -59.95% | 82.46% | -47.49% |
| Net Profit Growth % | 68.87% | 43.76% | -20.51% | -81.93% | 800.57% | 40.74% | -24.89% | -80.18% | 183.20% | -79.41% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -80.18% | 183.20% | -79.41% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 33.35x | 11.62x | 44.47x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.07x | 0.98x | 0.78x |
| 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 | 10.90x | 5.48x | 8.80x |
Mar 2017
- EPS (₹)
- 33.10
- Book Value (₹)
- 127.46
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 39.96
- Operating Margin %
- 15.11%
- Net Margin %
- 8.98%
- ROE %
- 29.79%
- ROCE %
- 34.11%
- 16.47%
- Debtor Days
- 42
- Inventory Days
- 30
- Payable Days
- 79
- -7
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 8.25x
- 1.43x
- Revenue Growth %
- 8.88%
- Operating Profit Growth %
- 46.79%
- Net Profit Growth %
- 68.87%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 47.59
- Book Value (₹)
- 171.49
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 55.93
- Operating Margin %
- 23.18%
- Net Margin %
- 12.52%
- ROE %
- 31.84%
- ROCE %
- 46.50%
- 19.72%
- Debtor Days
- 45
- Inventory Days
- 30
- Payable Days
- 80
- -6
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 16.51x
- 1.63x
- Revenue Growth %
- 10.28%
- Operating Profit Growth %
- 58.15%
- Net Profit Growth %
- 43.76%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 37.83
- Book Value (₹)
- 204.17
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 46.42
- Operating Margin %
- 17.93%
- Net Margin %
- 8.93%
- ROE %
- 20.14%
- ROCE %
- 28.83%
- 12.01%
- Debtor Days
- 45
- Inventory Days
- 31
- Payable Days
- 76
- 0
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- 17.29x
- 1.44x
- Revenue Growth %
- 13.94%
- Operating Profit Growth %
- -13.90%
- Net Profit Growth %
- -20.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 6.83
- Book Value (₹)
- 205.91
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 16.54
- Operating Margin %
- 7.39%
- Net Margin %
- 1.99%
- ROE %
- 3.33%
- ROCE %
- 5.93%
- 1.88%
- Debtor Days
- 56
- Inventory Days
- 39
- Payable Days
- 96
- -1
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 3.01x
- 1.20x
- Revenue Growth %
- -18.80%
- Operating Profit Growth %
- -66.53%
- Net Profit Growth %
- -81.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 61.54
- Book Value (₹)
- 265.67
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 72.62
- Operating Margin %
- 27.00%
- Net Margin %
- 16.87%
- ROE %
- 26.10%
- ROCE %
- 30.24%
- 15.71%
- Debtor Days
- 56
- Inventory Days
- 39
- Payable Days
- 118
- -23
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 18.45x
- 1.41x
- Revenue Growth %
- 6.14%
- Operating Profit Growth %
- 287.77%
- Net Profit Growth %
- 800.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 86.61
- Book Value (₹)
- 344.57
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 101.01
- Operating Margin %
- 22.08%
- Net Margin %
- 14.17%
- ROE %
- 28.39%
- ROCE %
- 34.65%
- 18.41%
- Debtor Days
- 53
- Inventory Days
- 29
- Payable Days
- 76
- 6
- Debt to Equity (x)
- 0.13x
- Interest Coverage (x)
- 28.83x
- 1.94x
- Revenue Growth %
- 67.56%
- Operating Profit Growth %
- 37.06%
- Net Profit Growth %
- 40.74%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 65.05
- Book Value (₹)
- 399.62
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 80.45
- Operating Margin %
- 14.45%
- Net Margin %
- 8.52%
- ROE %
- 17.48%
- ROCE %
- 22.16%
- 11.24%
- Debtor Days
- 52
- Inventory Days
- 25
- Payable Days
- 68
- 8
- Debt to Equity (x)
- 0.17x
- Interest Coverage (x)
- 12.23x
- 1.75x
- Revenue Growth %
- 24.94%
- Operating Profit Growth %
- -18.23%
- Net Profit Growth %
- -24.89%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 12.90
- Book Value (₹)
- 402.47
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 29.82
- Operating Margin %
- 5.02%
- Net Margin %
- 1.89%
- ROE %
- 3.22%
- ROCE %
- 5.57%
- 1.96%
- Debtor Days
- 57
- Inventory Days
- 32
- Payable Days
- 79
- 10
- Debt to Equity (x)
- 0.27x
- Interest Coverage (x)
- 2.76x
- 1.59x
- Revenue Growth %
- -10.77%
- Operating Profit Growth %
- -59.95%
- Net Profit Growth %
- -80.18%
- -80.18%
- P/E (x)
- 33.35x
- P/B (x)
- 1.07x
- Dividend Yield %
- 1.74%
- 10.90x
Mar 2025
- EPS (₹)
- 36.52
- Book Value (₹)
- 431.06
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 57.71
- Operating Margin %
- 10.00%
- Net Margin %
- 5.10%
- ROE %
- 8.76%
- ROCE %
- 11.67%
- 5.28%
- Debtor Days
- 51
- Inventory Days
- 41
- Payable Days
- 90
- 2
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 4.72x
- 1.59x
- Revenue Growth %
- 5.11%
- Operating Profit Growth %
- 82.46%
- Net Profit Growth %
- 183.20%
- 183.20%
- P/E (x)
- 11.62x
- P/B (x)
- 0.98x
- Dividend Yield %
- 2.36%
- 5.48x
Mar 2026
- EPS (₹)
- 7.52
- Book Value (₹)
- 428.80
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 27.50
- Operating Margin %
- 5.29%
- Net Margin %
- 1.20%
- ROE %
- 1.75%
- ROCE %
- 4.36%
- 1.06%
- Debtor Days
- 60
- Inventory Days
- 47
- Payable Days
- 102
- 6
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 1.84x
- 1.54x
- Revenue Growth %
- -12.75%
- Operating Profit Growth %
- -47.49%
- Net Profit Growth %
- -79.41%
- -79.41%
- P/E (x)
- 44.47x
- P/B (x)
- 0.78x
- Dividend Yield %
- 1.50%
- 8.80x
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

