India Gelatine & Chemicals Ltd
Incorporated in 1973, India Gelatine & Chemicals Ltd is engaged in manufacturing and export of Ossein, Di-Calcium Phosphate (DCP)& Gelatine.
- Market Cap ₹ 246 Cr.
- Current Price ₹ 347
- High / Low ₹ 450 / 306
- Stock P/E 12.7
- Book Value ₹ 242
- Dividend Yield 3.17 %
- ROCE 13.8 %
- ROE 10.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 24.0% CAGR over last 5 years
- Promoter holding has increased by 7.57% over last quarter.
Cons
- The company has delivered a poor sales growth of 8.52% over past five years.
- Working capital days have increased from 95.3 days to 143 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Specialty Chemicals
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
120 | 115 | 93 | 74 | 98 | 112 | 132 | 144 | 160 | 205 | 206 | 199 | 188 | |
105 | 109 | 89 | 74 | 96 | 107 | 124 | 135 | 152 | 172 | 171 | 177 | 164 | |
Operating Profit | 15 | 6 | 4 | 1 | 2 | 5 | 7 | 9 | 8 | 33 | 35 | 21 | 23 |
OPM % | 13% | 5% | 5% | 1% | 2% | 5% | 6% | 6% | 5% | 16% | 17% | 11% | 12% |
3 | 7 | 5 | 6 | 4 | 4 | 3 | 4 | 4 | 3 | 8 | 8 | 8 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
Depreciation | 5 | 5 | 5 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 6 | 5 |
Profit before tax | 12 | 7 | 5 | 3 | 3 | 6 | 6 | 9 | 7 | 32 | 37 | 23 | 25 |
Tax % | 35% | 14% | 23% | -5% | 16% | -1% | 16% | 23% | 24% | 25% | 24% | 23% | |
8 | 6 | 4 | 3 | 2 | 6 | 5 | 7 | 6 | 24 | 28 | 17 | 19 | |
EPS in Rs | 8.57 | 6.62 | 3.89 | 3.37 | 3.19 | 8.11 | 7.56 | 10.02 | 7.91 | 33.70 | 40.03 | 24.52 | 27.41 |
Dividend Payout % | 21% | 23% | 23% | 27% | 63% | 43% | 20% | 25% | 32% | 15% | 27% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 9% |
3 Years: | 7% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 24% |
3 Years: | 53% |
TTM: | -17% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 25% |
3 Years: | 39% |
1 Year: | -8% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 12% |
3 Years: | 15% |
Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
Reserves | 105 | 109 | 112 | 115 | 92 | 95 | 97 | 103 | 108 | 129 | 147 | 164 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 8 | 6 | |
34 | 35 | 35 | 17 | 17 | 14 | 19 | 17 | 22 | 33 | 22 | 17 | |
Total Liabilities | 148 | 154 | 157 | 141 | 115 | 116 | 124 | 127 | 136 | 180 | 184 | 195 |
49 | 47 | 45 | 44 | 42 | 42 | 43 | 40 | 41 | 60 | 69 | 68 | |
CWIP | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 4 | 2 | 1 |
Investments | 13 | 13 | 7 | 36 | 30 | 30 | 28 | 34 | 33 | 43 | 44 | 55 |
85 | 93 | 104 | 60 | 43 | 44 | 53 | 52 | 62 | 73 | 70 | 71 | |
Total Assets | 148 | 154 | 157 | 141 | 115 | 116 | 124 | 127 | 136 | 180 | 184 | 195 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | 17 | 4 | -4 | 15 | 5 | 7 | 6 | 9 | 18 | 18 | 21 | |
2 | 3 | 8 | -27 | -19 | -1 | -3 | -6 | -8 | -21 | -8 | -17 | |
-3 | -2 | -2 | -1 | -1 | -2 | -3 | -1 | -2 | 7 | -13 | -4 | |
Net Cash Flow | -2 | 18 | 10 | -32 | -5 | 2 | 1 | -1 | -1 | 3 | -3 | -0 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 19 | 12 | 24 | 22 | 17 | 17 | 18 | 24 | 26 | 25 | 22 | 22 |
Inventory Days | 208 | 198 | 187 | 365 | 209 | 180 | 178 | 129 | 130 | 176 | 182 | 136 |
Days Payable | 29 | 19 | 22 | 54 | 48 | 23 | 52 | 25 | 36 | 60 | 35 | 19 |
Cash Conversion Cycle | 198 | 191 | 189 | 333 | 178 | 175 | 144 | 127 | 120 | 140 | 169 | 139 |
Working Capital Days | 149 | 111 | 139 | 206 | 112 | 102 | 90 | 95 | 95 | 66 | 77 | 143 |
ROCE % | 11% | 3% | 2% | 1% | 2% | 6% | 7% | 7% | 6% | 24% | 22% | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Aug - Newspaper advertisement published for declaration of Financial results for the quarter ended 30th June 2025.
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Appointment of Company Secretary and Compliance Officer
11 Aug - Appointment of Ms. Sejal Anup Shah as Company Secretary & Compliance Officer from Sept 3, 2025.
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Outcome Of Board Meeting Held On 11Th August 2025.
11 Aug - Q1 results approved; 53rd AGM on Sept 24 via VC; dividend cut-off Sept 16; new Company Secretary appointed.
-
Un-Audited Financial Results For The 1St Quarter Ended 30Th June 2025.
11 Aug - Q1 FY2026 unaudited financial results approved; profit after tax Rs. 708.17 lakhs, revenue Rs. 3909.65 lakhs.
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Board Meeting Intimation for Intimation Of Board Meeting Pursuant To Reg.29 Of SEBI-LODR, Regulation 2025
5 Aug - Board meeting on Aug 11 to approve Q1 results and fix 53rd AGM date; trading window closed till Aug 13.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Product Portfolio:[1]
a) Edible Gelatine: Being odorless & tasteless, Company's Gelatine can be mixed in any foodstuff.
b) Photographic Gelatine: This kind of gelatine has an ability to form a solution when heated and then come back to jelly form when cooled and to remain durable after water has been removed making it very useful for photographic industry.
c) Technical Gelatine: It is a good clarifying agent used in metal electrolysis. Gelatine strengthens nails and promotes hair growth therefore it is used in cosmetic industry. Also, match box industry utilizes its thickening & foaming properties to make match heads.
d) Pharmaceutical Gelatine: It is ideal for manufacture of hard & soft shell gelatine capsules. It is also used to treat wounds & as life saving blood plasma substitute.