I G Petrochemicals Ltd
NSE: IGPL · Commodity Chemicals · sector
₹518.10NSE close 2026-10-26
Key numbers
Market cap₹1,596 cr
Price₹518.10
52w high / low₹610 / ₹315
P/E19.6xSector median 15.2x
P/B1.2xSector median 1.3x
Book value₹432.8
Dividend yield1.93%Sector median 0.84%
ROE6.1%Sector median 7.2%
ROCE9.4%Sector median 9.4%
OPM10.0%Sector median 8.6%
Debt / equity0.27xSector median 0.25x
EV/EBITDA8.2xSector median 11.6x
Interest cover3.7x
Current ratio1.37x
Sales growth 3y-6.5%Sector median +1.0%
Profit growth 3y-77.7%Sector median -11.1%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 70 companies in Commodity Chemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹259 cr vs borrowings ₹356 cr (FY26): borrowings are higher by ₹97 cr.
- Operating profit covered interest 3.7x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY24, FY22).
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 28% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹518.10 on 2026-10-26: -15.1% from the 52-week high, +64.5% 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 ₹613.75 · low ₹329.40
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 583 | 558 | 480 | 470 | 465 | 465 | 524 | 618 |
| EBITDA | 63 | 47 | 47 | -1 | 20 | 8 | 67 | 112 |
| OPM % | 10.7% | 8.5% | 9.8% | -0.1% | 4.3% | 1.8% | 12.7% | 18.2% |
| Other income | 4 | 8 | 5 | 10 | 6 | 5 | 5 | 7 |
| Net profit | 26 | 29 | 19 | -13 | -2 | -11 | 28 | 66 |
| EPS (₹) | 8.50 | 9.27 | 6.16 | -4.22 | -0.65 | -3.52 | 9.11 | 21.57 |
| Revenue YoY | -20.2% | -16.6% | +9.2% | +31.4% | ||||
| Profit YoY | -107.6% | -138.1% | +48.0% | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,883 | 2,352 | 2,099 | 2,206 | 1,925 | 2,073 |
| EBITDA | 407 | 318 | 105 | 219 | 95 | 208 |
| Net profit | 264 | 200 | 40 | 109 | 2 | 82 |
| EPS (₹) | 85.88 | 64.94 | 12.83 | 35.29 | 0.72 | 26.51 |
| Revenue growth | +24.9% | -10.8% | +5.1% | -12.7% | -0.9% | |
| Profit growth | -24.4% | -80.2% | +175.1% | -98.0% | +34.5% | |
| Dividend / share (₹) | 7.50 | 10.00 | 10.00 | 7.50 | 10.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -6.5% | +11.4% | -0.9% |
| Net profit | -77.7% | -58.9% | +34.5% |
| EPS | -77.7% | -58.9% | – |
| Share price | – | -2.6% (2y) | +29.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,235 | 1,247 | 1,339 | 1,333 |
| Borrowings | – | 249 | 365 | 267 | 356 |
| Cash & equivalents | – | 298 | 272 | 267 | 259 |
| Total assets | – | 1,992 | 2,135 | 2,211 | 2,300 |
| Fixed assets | – | 710 | 984 | 972 | 911 |
| Capital work in progress | – | 349 | 158 | 234 | 173 |
| Investments | – | 75 | 56 | 51 | 15 |
| Receivables | – | 325 | 337 | 285 | 350 |
| Inventory | – | 165 | 200 | 294 | 207 |
| Payables | – | 371 | 377 | 453 | 387 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 157 | 233 | 37 | 261 | 102 |
| Cash from investing | -158 | -255 | -115 | -92 | -89 |
| Cash from financing | -14 | 21 | 48 | -138 | -53 |
| Capex | 99 | 240 | 174 | 137 | 163 |
| Free cash flow | 58 | -7 | -137 | 124 | -61 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 16.2% | 3.2% | 8.1% | 0.2% |
| ROCE % | – | 19.7% | 5.2% | 11.2% | 3.0% |
| Debtor days | – | 50 | 59 | 47 | 66 |
| Inventory days | – | 34 | 42 | 64 | 50 |
| Payable days | – | 76 | 79 | 98 | 94 |
| Cash conversion cycle (days) | – | 8 | 22 | 13 | 22 |
| Working capital days | – | 49 | 50 | 45 | 46 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 68.74% |
| FIIs | 2.87% |
| DIIs | 1.59% |
| of which Mutual funds | 0.00% |
| Public (non-institutions) | 26.80% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 68.74% | 68.74% | 68.74% | 68.74% | 68.74% | 68.74% | 68.74% | 68.74% |
| Promoter group | % |
|---|---|
| Vincent India Limited | 15.40% |
| Mysore Petro Chemicals Limited | 13.23% |
| Shekhavati Investment Corporation Limited | 11.61% |
| Kamrup Enterprises Limited | 9.57% |
| Gembel Trade Enterprises Private Limited | 7.57% |
| Savita Investment Company Ltd | 6.60% |
| Bihariji Constructions (India) Limited | 1.79% |
| Mayank Dhanuka | 1.61% |
| Shogun Vinimay (P) Ltd | 1.20% |
| Bina Devi Dhanuka | 0.07% |
| Nikunj Dhanuka | 0.06% |
| Umang Dhanuka | 0.02% |
| Rajkumari Dhanuka | 0.00% |
| Amishi Dhanuka | 0.00% |
| Neha Dhanuka | 0.00% |
| Public holders above 1% | % |
|---|---|
| Investor Education and Protection Fund Authority Ministry of Corporate Affairs | 3.71% |
| First Water Fund Class C | 1.16% |
30,887 shareholders. Pledged: 0.00% of promoter shares.
Peers in Commodity Chemicals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SRF | ₹69,362 cr | 30.4x | 4.5x | 16.0% | 15.2% | 21.4% | +373.5% | 0.38% |
| TATACHEM | ₹15,184 cr | – | 0.7x | -10.1% | -4.2% | -1.6% | -4.6% | 1.84% |
| DEEPAKFERT | ₹14,422 cr | 14.7x | 2.1x | 15.1% | 13.6% | 16.7% | +0.6% | 0.89% |
| GNFC | ₹7,634 cr | 7.4x | 0.8x | 11.7% | 15.2% | 14.8% | -8.7% | 3.41% |
| TANFACIND | ₹4,989 cr | 66.3x | 13.4x | 19.7% | 20.5% | 15.5% | +23.8% | – |
| GUJALKALI | ₹4,043 cr | 60.9x | 0.8x | 1.2% | 3.6% | 11.3% | -1.2% | 2.88% |
| GRAUWEIL | ₹3,537 cr | 22.1x | 3.3x | 15.9% | 19.6% | 15.3% | +6.8% | 0.64% |
| GHCL | ₹3,486 cr | 6.7x | 1.0x | 14.9% | 19.9% | 24.8% | -12.3% | 3.29% |
| JGCHEM | ₹2,190 cr | 29.1x | 4.1x | 15.1% | 19.8% | 8.9% | – | 0.18% |
| IGPL | ₹1,596 cr | 19.6x | 1.2x | 6.1% | 9.4% | 10.0% | -6.5% | 1.93% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-30 | Dividend | Dividend - Rs 5 Per Share |
| 2025-07-31 | Dividend | Dividend - Rs 10 Per Share |
| 2024-08-29 | Dividend | Annual General Meeting/Dividend - Rs 7.50 Per Share |
| 2023-08-17 | Dividend | Annual General Meeting/Dividend - Rs 10 Per Share |
| 2022-08-02 | Dividend | Annual General Meeting/Dividend - Rs 10 Per Share |
| 2021-07-15 | Dividend | Annual General Meeting/Dividend - Rs 7.50 Per Share |
| 2020-08-18 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2019-07-26 | Dividend | Annual General Meeting/Dividend - Rs 4 Per Share |
| 2018-08-16 | Dividend | Annual General Meeting/Dividend Rs 4 Per Share |
| 2017-09-12 | Dividend | Annual General Meeting/Dividend - Rs 3/- Per Share |
| 2016-08-23 | Dividend | Annual General Meeting/ Dividend - Rs 2/- Per Share |
| 2015-08-07 | Dividend | Annual General Meeting/ Dividend - Re 1/- Per Share |
| 2014-07-18 | Other | Annual General Meeting |
| 2013-07-19 | Other | Annual General Meeting |
| 2012-07-20 | Other | Annual General Meeting |
| 2011-09-16 | Other | Annual General Meeting |
| 2010-08-13 | Other | Annual General Meeting |
| 2009-06-19 | Other | Annual General Meeting |
| 2008-06-13 | Other | Annual General Meeting |
| 2007-11-07 | Dividend | Interim Dividend-5% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Inorganic & Organic Chemicals
| Sector | Commodities |
| Industry | Commodity Chemicals |
| Sub-industry | Commodity Chemicals |
| Symbol | IGPL |
| BSE code | 500199 |
| ISIN | INE204A01010 |
| Face value | ₹10.0 |
| Incorporated | 1988-10-18 |
| Website | www.igpetro.com |
| Plants (India / abroad) | 5 / 0 |
From the company's filings (BRSR FY26).
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.