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I G Petrochemicals Limited

I G Petrochemicals Limited

IGPL.BO
I G Petrochemicals LimitedIN flagBombay Stock Exchange
428.30
INR
-11.15
- -
13.21BMarket Cap
I G Petrochemicals Limited
IGPL.BO
(Bombay Stock Exchange)

Recent

price

428.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
205
287.73
315.1
391.07
385.8
309.41
335.01
369.8
421.84
341.48
364.06
610.59
762.91
680.09
716.29
624.51
624.74
Revenue per Share
4.3
4.32
1
1.02
2.89
19.54
32.98
47.42
37.94
6.78
61.08
85.89
64.95
12.83
35.29
0.72
0.72
Basic EPS, GAAP
6.17
4.01
-35.58
-4.03
15.13
19.49
20
24.77
-24.02
-27.51
36.58
3.06
-2.39
-44.51
40.11
-19.72
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.02
1.15
2.31
3.47
4.71
4.73
1.95
7.35
9.85
10
7.5
9.99
- -
Dividend per Share
10
66.46
67.46
68.48
68.16
85.84
109.92
147.23
173.86
175.7
234.79
312.62
367.57
370.35
397.64
9.99
10
Book Value per Share
80.95
84.01
83.77
83.53
77.54
96.84
127.1
170.49
203.42
204.63
266.19
344.23
400.25
404.07
433.86
431.56
431.72
Tangible Book Value per Share
31
31
31
31
31
31
31
31
31
31
31
31
31
31
31
31
31
Basic Weighted Avg Shares
6,313
8,861
9,703
12,043
11,881
9,528
10,316
11,388
12,990
10,516
11,211
18,803
23,494
20,943
22,062
19,250
19,250
Sales/Revenue/Turnover
4.86
3.53
4.43
3.89
5.55
10.61
13.77
21.4
15.09
4.34
23.4
19.06
11.67
2.58
6.97
1.33
1.33
Operating Margin (%)
142
149
138
180
164
175
211
257
265
299
341
443
474
521
653
691
691
Depreciation Expense
132
133
31
31
89
602
1,016
1,460
1,168
209
1,881
2,645
2,000
395
1,087
22
22
Net Income, GAAP
19.93
19.93
20.85
20
20.98
21.36
23
36.6
37.4
34.57
25.54
25.76
25.45
26.02
22.67
78.71
78.71
Effective Tax Rate (%)
2.1
1.5
0.32
0.26
0.75
6.32
9.85
12.82
8.99
1.99
16.78
14.07
8.51
1.89
4.93
0.12
0.12
Profit Margin (%)
526
462
346
151
138
388
873
899
1,114
314
1,131
3,193
3,171
2,849
2,744
2,416
2,416
Working Capital
385
350
1,231
1,408
1,078
922
600
292
1,012
1,486
902
1,145
1,731
2,283
1,632
1,519
1,519
LT Debt
2,494
2,588
2,580
2,573
2,388
2,983
3,916
5,278
6,291
6,327
8,220
10,621
12,349
12,469
13,388
13,329
13,329
Total Equity
8.45
8.38
9.36
8.73
12.85
20.18
24.32
28.1
16.98
3.53
21.06
23.95
15.02
2.58
7.38
0.33
0.33
Return on Invested Capital (%)
31.97
15.42
0.99
3.59
6.67
19.81
27.39
31.88
19.14
3.73
23.6
27.09
17.28
4.29
9.24
1.16
1.16
Return on Capital (%)
42.96
11.29
1.49
1.5
4.23
25.38
33.7
36.88
23.63
3.88
29.76
31.38
19.1
3.48
9.19
0.35
0.35
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
2,526
- -
2,098
LT Borrowings
1,482
- -
1,472
LT Finance Leases
15
- -
47
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
31
- -
31
Market Capitalization
12,934
12,258
10,304

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
9,111
- -
8,885
Cash, Cash Equivalents & STI
2,839
- -
2,926
Accounts Receivable, Net
2,857
- -
3,503
Inventories
2,998
- -
2,069
Total Current Liabilities
6,976
- -
6,469
Payables & Accruals
- -
- -
- -
ST Debt
2,526
- -
2,098
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.91%
10.68%
-0.44%
Free Cash Flow
76.81%
231.39%
-149.19%
Net Income, GAAP
82.45%
2.62%
-97.96%
Sales/Revenue/Turnover
9.47%
14.88%
-12.75%
Total Cash Common Dividend
44.81%
64.06%
33.33%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,553
5,018
4,880
5,492
20,943
2025
5,851
5,830
5,581
4,801
22,062
2026
4,700
4,653
4,653
5,243
19,250

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11.57
3.27
-4.95
- -
12.83
2025
11.37
8.5
9.27
6.16
35.29
2026
-4.22
-0.65
-3.52
9.11
0.72

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
10
2025
- -
- -
- -
- -
7.5
2026
- -
- -
- -
- -
9.99
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Business
I G Petrochemicals Limited (IGPL), India's largest producer of Phthalic Anhydride (PAN) with over 50% domestic market share and second globally, manufactures core products including Phthalic Anhydride for plasticizers, paints, unsaturated polyester resins, alkyd resins, and pigments; Maleic Anhydride (MAN), a byproduct used in unsaturated polyester resins, lubricants, agrochemicals, and personal care; Benzoic Acid for pharmaceuticals, perfumes, and plastics; Di-Ethyl Phthalate (DEP) for cosmetics, incense sticks, and fragrances; and advanced plasticizers for PVC products, packaging, and medical applications. The company operates manufacturing plants at MIDC Taloja, Raigad District, Maharashtra, with a strategic location near Jawaharlal Nehru Port Trust for efficient exports serving over 120 clients across 20+ industries including construction, automotive, and packaging; it maintains a wholly-owned subsidiary in the UAE and targets international markets contributing around 7-10% of revenue. Founded in 1988 and headquartered in Panaji, Goa, IGPL recently approved the acquisition of IG Biofuels Ltd as a wholly-owned subsidiary with up to Rs 100 crore investment in biofuels and compressed biogas projects; commenced production of its PA-5 plant expansion increasing PAN capacity to 275,110 MTPA, MAN to 9,160 MTPA, and Benzoic Acid to 1,250 MTPA; prepaid Rs 40 crore in term loans while maintaining IND AA-/Stable/IND A1+ rating; and advances construction of a new 75,000 MTPA advanced plasticizer plant set for Q3 FY26 commissioning to boost non-PAN revenue toward 30%.