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India Gelatine & Chemicals Limited

India Gelatine & Chemicals Limited

INDGELA.BO
India Gelatine & Chemicals LimitedIN flagBombay Stock Exchange
359.15
INR
-6.35
- -
2.55BMarket Cap
India Gelatine & Chemicals Limited
INDGELA.BO
(Bombay Stock Exchange)

Recent

price

359.15

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
91.54
109.9
124.6
128.64
122.82
99.17
78.12
123.3
156.74
184.14
200.57
222.69
286.73
290.25
279.94
- -
239.4
Revenue per Share
2.95
7.52
12.13
8.57
6.62
3.9
3.37
2.9
8.11
7.55
10.03
7.91
33.7
40.03
24.52
- -
35.39
Basic EPS, GAAP
2.79
0.54
-8.16
-1.67
13.19
0.58
-7.87
18.09
2.63
2.8
6.14
4.94
-9.08
4.33
12.47
- -
- -
Free Cash Flow per Basic Share
2.33
2.33
2.91
3.51
2.11
1.81
1.08
0.99
2.41
4.22
1.54
2.5
2.51
14.79
1.1
- -
- -
Dividend per Share
13.41
13.78
17.08
22.48
14.09
13.97
15.19
16.18
21.1
22.05
28.95
34.04
63.23
86.73
109.83
- -
10
Book Value per Share
100.92
105.71
114.51
121.15
125.9
129.5
131.79
126.49
143.99
146.71
155.23
161.73
192.31
217.21
241.78
- -
272.87
Tangible Book Value per Share
9
9
9
9
9
9
9
8
7
7
7
7
7
7
7
- -
7
Basic Weighted Avg Shares
861
1,033
1,171
1,209
1,154
932
734
960
1,112
1,306
1,422
1,579
2,034
2,058
1,985
1,698
1,698
Sales/Revenue/Turnover
1.91
6.18
12.07
8.17
0.57
18.6
-3.86
0.32
2.07
3.67
3.57
2.6
14.57
14.46
7.89
14.55
14.55
Operating Margin (%)
42
45
49
54
51
47
34
32
33
34
37
36
39
53
55
45
45
Depreciation Expense
28
71
114
81
62
37
32
23
58
54
71
56
239
284
174
251
251
Net Income, GAAP
29.77
26.91
32.99
35.31
13.81
22.6
- -
16.29
- -
16.41
23.37
23.59
25.47
23.82
23.22
23.03
23.03
Effective Tax Rate (%)
3.22
6.85
9.73
6.66
5.39
3.93
4.31
2.35
5.18
4.1
5
3.55
11.75
13.79
8.76
14.78
14.78
Profit Margin (%)
377
426
489
618
656
784
831
604
616
589
620
667
696
773
837
1,065
1,065
Working Capital
- -
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
78
57
35
14
14
LT Debt
959
1,002
1,083
1,144
1,185
1,219
1,240
987
1,023
1,042
1,101
1,147
1,364
1,541
1,715
1,936
1,936
Total Equity
1.2
4.75
9.08
5.74
0.49
11.14
- -
0.23
- -
3.86
3.62
2.79
16.8
14.61
7.08
10.14
10.14
Return on Invested Capital (%)
20.87
55.06
78.56
43.34
36.19
27.8
- -
16.82
- -
35.06
39.37
25.56
61.06
46.54
23.37
53.67
211.02
Return on Capital (%)
21.63
55.34
78.62
43.33
36.18
27.79
23.12
16.79
41.76
35
39.31
25.12
69.29
53.39
24.95
59.07
353.93
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
27
- -
28
LT Borrowings
26
- -
14
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
- -
7
Market Capitalization
2,447
2,346
2,108

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,176
- -
1,200
Cash, Cash Equivalents & STI
697
- -
701
Accounts Receivable, Net
115
- -
99
Inventories
345
- -
354
Total Current Liabilities
178
- -
135
Payables & Accruals
- -
- -
- -
ST Debt
27
- -
28
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.27%
12.05%
12.87%
Free Cash Flow
-193.33%
-43.96%
42.96%
Net Income, GAAP
46.78%
65.84%
44.35%
Sales/Revenue/Turnover
7.47%
4.6%
-14.47%
Total Cash Common Dividend
88.51%
163.09%
355.53%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
580
487
479
499
2,058
2025
501
427
526
532
1,985
2026
391
469
448
390
1,698

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14.15
7.79
11.01
- -
40.03
2025
7.1
4.36
5.01
8.05
24.52
2026
9.99
9.08
10.01
6.31
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
14.79
2025
- -
- -
- -
- -
1.1
2026
- -
- -
- -
- -
- -
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Business
India Gelatine & Chemicals Limited manufactures and sells gelatin-based chemical products, including edible gelatin, photographic gelatin, technical gelatin, pharmaceutical gelatin, ossein, di-calcium phosphate, and marine collagen under the Everpure Life brand; it operates a state-of-the-art production facility in Vapi, Gujarat, and exports to the Far East, Europe, USA, Japan, Korea, Middle East, Indonesia, and other international markets. Incorporated in 1973 and headquartered in Mumbai, India, with a registered office in Ahmedabad, Gujarat, the company serves industries such as food and beverages, pharmaceuticals, photography, cosmetics, and animal feed. In December 2024, Pioneer Jellice India Private Limited and Ashok Matches and Timber Industries Private Limited acquired 39.42% of the company's equity shares through a share purchase agreement, taking management control on January 31, 2025, which led to a board reconstitution including new nominee and independent directors, while existing directors resigned; Narmada Gelatines Limited, promoted by the acquirers, purchased an additional 14.14% stake via a bulk deal on the same date. Most recently, in November 2025, the company announced leadership changes with Mr. Abhay Kumar Jha resigning as Whole Time Director effective November 30, 2025, and Mr. P. Velmurugan appointed as Additional Director and Whole Time Director effective December 1, 2025, subject to shareholder approval via postal ballot, accompanied by board committee restructuring.