IGC Pharma, Inc.

IGC Pharma, Inc.

IGC
IGC Pharma, Inc.US flagNew York Stock Exchange American
0.28
USD
+0.00
- -
28.22MMarket Cap
IGC Pharma, Inc.
IGC
(New York Stock Exchange American)

Recent

price

0.28

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
15.51
2.7
1.44
1.15
0.28
0.52
0.39
0.02
0.08
0.14
0.1
0.02
0.01
0.02
0.02
0.02
0.01
Revenue per Share
-4.15
-13.4
-2.66
-0.32
-0.37
-0.31
-0.17
-0.07
-0.06
-0.12
-0.19
-0.21
-0.3
-0.22
-0.22
-0.09
-0.07
Basic EPS, GAAP
-2.77
-1.93
-1.73
0.03
-0.21
-0.18
-0.02
-0.06
-0.08
-0.1
-0.33
-0.3
-0.16
-0.15
-0.1
-0.06
-0.07
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-8.19
-19.65
-12.87
-5.7
-5.21
-3.21
-3.06
0.37
0.36
1.02
0.74
0.85
0.54
0.35
0.18
0.13
0.13
Book Value per Share
17.34
4.56
3.79
2.06
1.67
0.91
0.77
0.28
0.28
0.94
0.67
0.77
0.46
0.26
0.1
0.06
0.01
Tangible Book Value per Share
1
2
3
7
8
15
16
26
28
35
39
42
50
53
59
77
91
Basic Weighted Avg Shares
18
4
4
8
2
8
6
1
2
5
4
1
- -
1
1
1
1
Sales/Revenue/Turnover
-22.3
-194.13
-150.43
-27.18
-110.4
-56.54
-40.65
-353.82
-81.58
-90.75
-168.57
-971.49
-3,886.15
-1,270.14
-728.48
-585.84
-860.29
Operating Margin (%)
1
1
1
1
1
1
1
- -
- -
- -
- -
- -
1
1
1
- -
- -
Depreciation Expense
-5
-20
-8
-2
-3
-5
-3
-2
-2
-4
-7
-9
-15
-12
-13
-7
-7
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-26.76
-496.84
-184.59
-28.05
-132.97
-60.08
-44.11
-321.74
-81.44
-80.08
-179.64
-981.18
-3,782.37
-1,263.01
-966.54
-560.27
-552.11
Profit Margin (%)
3
- -
1
2
3
2
1
2
1
26
16
21
13
5
1
1
-2
Working Capital
- -
- -
- -
2
2
2
1
3
- -
- -
- -
1
- -
- -
- -
- -
- -
LT Debt
26
7
16
15
14
15
14
7
8
34
27
33
24
15
7
6
6
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
-18.29
-17.77
-22.38
-27.13
-48.1
-50.96
-89.52
-69.24
-60.47
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
92
- -
99
Market Capitalization
35
24
24

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
2
2
1
Cash, Cash Equivalents & STI
1
1
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
1
1
1
Total Current Liabilities
2
2
3
Payables & Accruals
1
1
1
ST Debt
- -
- -
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.67%
-21.12%
-13.54%
Free Cash Flow
65.01%
-18.99%
-23.33%
Net Income, GAAP
16.62%
7.05%
-45.22%
Sales/Revenue/Turnover
32.06%
7.57%
-5.5%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
- -
- -
- -
1
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
-0.05
-0.09
- -
-0.22
2025
-0.03
-0.02
-0.02
- -
-0.09
2026
-0.02
-0.02
- -
-0.02
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
IGC Pharma, Inc. (IGC) operates as a clinical-stage pharmaceutical company that develops treatments for Alzheimer’s disease and related dementias, with operations in the United States, Colombia, India, and Canada; the firm, founded in 2005 and headquartered in Potomac, Maryland, maintains a vertically integrated model encompassing research and development, clinical trials, and manufacturing capabilities at facilities in Potomac, Maryland, and Vancouver, Washington. Its lead product candidate, IGC-AD1, a partial CB1 receptor agonist with anti-inflammatory properties, advances through the multicenter Phase 2 CALMA clinical trial evaluating safety and efficacy for agitation in dementia due to Alzheimer’s disease, having surpassed 50% patient enrollment as of recent updates; the preclinical pipeline features TGR-63, a small molecule inhibitor of amyloid plaque aggregation that crosses the blood-brain barrier and demonstrates behavioral efficacy in Alzheimer’s mouse models, alongside IGC-M3 and LMP targeting Alzheimer’s pathology, IGC-1C addressing metabolic disorders and Alzheimer’s, and IGC-1A for metabolic conditions; the company also offers Holiby, a wellness brand with science-backed over-the-counter formulations for cellular health, energy metabolism, cognitive function, immunity, and women’s health needs like premenstrual syndrome relief, manufactured at its Washington state facility, alongside Holief for menstrual cramps. IGC Pharma recently launched Holiby in 2025 to tap the $75 billion wellness market for near-term revenue while progressing pharmaceutical assets, accelerated CALMA trial enrollment and reported positive TGR-63 preclinical results in June 2024, secured National Institute on Aging recognition for its AI-powered MINT-AD platform aiding early Alzheimer’s detection via multimodal data analysis with planned academic and clinical pilots, extended a $12 million loan agreement with O-Bank Co. Ltd. through July 2025, formed a strategic partnership with a leading biotechnology firm in 2025 to enhance research and pipeline expansion, and rebranded from India Globalization Capital, Inc. in March 2023 to reflect its sharpened focus on Alzheimer’s therapeutics.

Company News

APIChatGPT
  • IGC Pharma's AHA Agentic AI Platform Reduces Alzheimer's Data Harmonization Time by 90% in Representative Workflow

  • IGC Pharma Reaches Previously Disclosed 146-Patient Enrollment Target in Phase 2 CALMA Trial, Advancing Toward Topline Analysis

  • Ascendiant Capital Markets Raises IGC Pharma Price Target to $5.50, Citing Clinical Progress and 2026 Catalysts

  • IGC Pharma Adds Mount Sinai Clinical Site as CALMA Trial Advances Toward Completion and Topline Analysis

  • IGC Pharma Reports First Quarter 2026 Financial Results with CALMA Phase 2 in the final stage, with 80% Enrollment

  • IGC Pharma to Present Tau-PET Biomarker Research at 2026 Global Tau Conference

  • IGC Pharma Advances Caregiver Engagement as Phase 2 CALMA Trial Advances Final Enrollment Phase

  • IGC Pharma Adds Kerwin Medical Center in Dallas to Phase 2 CALMA Trial as Enrollment Advances Toward Completion

  • IGC Pharma Secures Psilocybin Research Authorization, Expanding Focus on Neuropsychiatric Symptoms in Dementia

  • IGC Pharma Reaches 80% Enrollment in Phase 2 CALMA Trial, Entering Final Phase Ahead of Enrollment Completion and Data Readout

  • Ascendiant Capital Markets Raises IGC Pharma Price Target to $5.25, Citing Clinical Progress and Upcoming Catalysts

  • IGC Pharma Adds Tandem Clinical Research to the CALMA Trial for Agitation in Alzheimer's Disease

  • IGC Pharma Launches Strategic National Media Partnership with New to The Street to Expand Investor Awareness

  • IGC Pharma Reports Financial Results and Clinical Progress for the Period Ended December 31, 2025

  • IGC Pharma, Inc. (NYSEAMERICAN:IGC) Short Interest Up 15.9% in February

  • IGC Pharma to Showcase AI Platform with Alzheimer's Disease Data Initiative at ADPD 2026

  • IGC Pharma Files Utility Patent Applications Covering AI-Based Data Harmonization Architecture Supporting Alzheimer's Research

  • IGC Pharma Notes Updated Research Coverage from Ascendiant Capital Markets

  • IGC Pharma Adds Visionary Investigators Network as Clinical Site to Phase 2 CALMA Trial

  • IGC Pharma Secures North American Composition Protection for IGC-AD1 as Phase 2 CALMA Enrollment Advances