Indogulf Cropsciences Ltd
NSE: IGCL · Pesticides & Agrochemicals · sector
₹57.13NSE close 2026-10-26
Key numbers
Market cap₹361 cr
Price₹57.13
52w high / low₹111 / ₹49
P/E11.0xSector median 18.3x
P/B0.8xSector median 1.8x
Book value₹72.7
Dividend yield–Sector median 0.55%
ROE10.5%Sector median 9.3%
ROCE10.9%Sector median 12.4%
OPM10.8%Sector median 10.4%
Debt / equity0.39xSector median 0.34x
EV/EBITDA7.1xSector median 10.8x
Interest cover3.9x
Current ratio1.91x
Sales growth 3y–Sector median +1.7%
Profit growth 3y–Sector median +2.3%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 29 companies in Pesticides & Agrochemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹12 cr vs borrowings ₹177 cr (FY26): borrowings are higher by ₹165 cr.
- Operating profit covered interest 3.9x in the last 12 months.
- Other income was 19% of net profit in the last 12 months.
- No dividend in the last 2 financial years.
- Price ₹57.13 on 2026-10-26: -48.7% from the 52-week high, +15.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹116.51 · low ₹53.60
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 126 | 189 | 248 | 116 | 151 | 169 |
| EBITDA | 21 | 10 | 32 | 12 | 20 | 10 |
| OPM % | 16.5% | 5.2% | 13.0% | 10.2% | 13.3% | 5.6% |
| Other income | 2 | 1 | 2 | 3 | 2 | 1 |
| Net profit | 10 | 4 | 21 | 4 | 12 | 2 |
| EPS (₹) | 2.10 | 0.80 | 1.73 | 0.77 | 2.30 | 0.38 |
| Revenue YoY | +19.5% | -11.0% | ||||
| Profit YoY | +18.5% | -37.7% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 590 | 705 | 684 |
| EBITDA | 66 | 74 | 74 |
| Net profit | 31 | 40 | 39 |
| EPS (₹) | 7.02 | 6.72 | 5.18 |
| Revenue growth | +19.3% | – | |
| Profit growth | +27.2% | – | |
| Dividend / share (₹) | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | -45.3% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 275 | 459 |
| Borrowings | 227 | 177 |
| Cash & equivalents | 10 | 12 |
| Total assets | 688 | 823 |
| Fixed assets | 36 | 36 |
| Capital work in progress | 57 | 76 |
| Investments | 0 | 12 |
| Receivables | 223 | 241 |
| Inventory | 270 | 343 |
| Payables | 134 | 128 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -15 | -41 |
| Cash from investing | -40 | -37 |
| Cash from financing | 61 | 80 |
| Capex | 42 | 28 |
| Free cash flow | -57 | -69 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 11.4% | 8.7% |
| ROCE % | 11.8% | 11.0% |
| Debtor days | 138 | 125 |
| Inventory days | 238 | 258 |
| Payable days | 118 | 96 |
| Cash conversion cycle (days) | 258 | 287 |
| Working capital days | 128 | 164 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 69.05% |
| FIIs | 0.07% |
| DIIs | 3.77% |
| Public (non-institutions) | 27.11% |
| Quarter | Jun 2025 | Jul 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| Promoters % | 96.87% | 69.05% | 69.05% | 69.05% | 69.05% | 69.05% | 69.05% |
| Promoter group | % |
|---|---|
| Sanjay Aggarwal | 20.24% |
| Arnav Aggarwal | 13.60% |
| Anshu Aggarwal | 13.39% |
| OM Parkash Aggarwal | 11.20% |
| Abhiprakash Venture Trust | 5.47% |
| Anamica Aggarwal | 1.58% |
| Rachita Aggarwal | 1.58% |
| Sanshi Aggarwal | 1.58% |
| Sanjay Aggarwal HUF | 0.40% |
| Hari Chand Aggarwal | 0.00% |
| Nand Kishore Aggarwal | 0.00% |
| Prem Prakash Aggarwal | 0.00% |
| Ashok Kumar Aggarwal | 0.00% |
| HEM Lata Kanodia | 0.00% |
| Suman Lata | 0.00% |
| Public holders above 1% | % |
|---|---|
| Abakkus Diversified Alpha Fund | 3.48% |
| Viney Equity Market LLP | 2.33% |
| Himanshi Lohia | 1.17% |
| Sahu Refrigeration Industries Private Limited | 1.13% |
22,671 shareholders. Pledged: – of promoter shares.
Peers in Pesticides & Agrochemicals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| UPL | ₹42,056 cr | 20.6x | 1.2x | 6.3% | 11.9% | 17.8% | -1.1% | 1.16% |
| PIIND | ₹30,704 cr | 26.3x | 2.7x | 10.5% | 13.3% | 25.3% | +1.1% | 0.74% |
| SUMICHEM | ₹17,685 cr | 30.5x | 5.2x | 18.4% | 23.1% | 21.4% | -2.7% | 0.33% |
| BAYERCROP | ₹15,009 cr | 20.5x | 5.1x | 25.2% | 31.7% | 16.0% | +3.4% | 3.75% |
| SHARDACROP | ₹5,688 cr | 9.1x | 1.8x | 22.2% | 25.8% | 19.5% | +9.2% | 1.91% |
| DHANUKA | ₹3,709 cr | 14.0x | 2.2x | 17.4% | 21.1% | 19.2% | +5.9% | 0.25% |
| RALLIS | ₹3,664 cr | 19.1x | 1.7x | 9.3% | 12.4% | 11.9% | -0.8% | 1.34% |
| NACLIND | ₹2,650 cr | 221.7x | 3.9x | 2.2% | 6.0% | 5.8% | -9.2% | – |
| BHAGCHEM | ₹2,512 cr | 91.4x | 3.6x | 4.0% | 6.1% | 13.0% | +2.2% | 0.07% |
| IGCL | ₹361 cr | 11.0x | 0.8x | 10.5% | 10.9% | 10.8% | – | – |
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Commodities |
| Industry | Pesticides & Agrochemicals |
| Sub-industry | Pesticides & Agrochemicals |
| Symbol | IGCL |
| BSE code | 544432 |
| ISIN | INE05J901018 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.