Indo Gulf Industries Ltd.
BBSE:IGLFXPL_B3.27
INR
+0.15
(+4.81%)
ISIN
INE684U01011
Return %
Stock
S&P 500
1Y
52.09
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Process industries
- Industry
- Industrial specialties
- Address
- New Delhi India
- IPO Date
- Oct 24, 2016
- Website
- indogulf.in
- Similar Companies
- Business
- Indo Gulf Industries Limited is an India-based manufacturer and supplier of commercial explosives, initiation systems, and blasting accessories serving the mining, quarrying, and civil infrastructure sectors. Founded in 1981 and headquartered in New Delhi, India, the company operates its core manufacturing complex in Babina, Jhansi District, Uttar Pradesh, with distribution capabilities reaching major mineral extraction and construction hubs across India. The company organizes its operations around the manufacturing of industrial explosives and specialized blasting products; its core product portfolio comprises large diameter packaged slurry and emulsion explosives engineered for high-volume rock fragmentation in opencast mining, road cutting, and canal excavation; small diameter emulsion explosives designed for underground mining, shaft sinking, and tunneling operations; detonating cords marketed under the Indo Cord brand, incorporating high-velocity pentaerythritol tetranitrate (PETN) cores for surface and underground initiation; cast boosters marketed under the Indo Boost brand, formulated from PETN and TNT compounds to initiate non-cap-sensitive blasting agents; raw PETN explosive intermediates; and specialized pyrotechnic and blasting accessories utilized in commercial blasting and demolition projects. In terms of recent major corporate and operational changes, the company has realigned its business model to focus exclusively on commercial explosives and defense-grade energetic materials following the strategic demerger and transfer of its legacy sugar division to Balrampur Chini Mills Limited. Under the controlling ownership of promoter entity Ganesh Explosives Private Limited (GEPL), which holds a majority equity stake, the company has undertaken operational modernization at its Jhansi manufacturing facility, implemented upgraded safety and environmental compliance protocols under ISO 9001:2015 standards, and expanded supply relationships with domestic infrastructure contractors, quarry operators, and mining enterprises.