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 ₹ 261 Cr.
- Current Price ₹ 369
- High / Low ₹ 450 / 306
- Stock P/E 15.0
- Book Value ₹ 242
- Dividend Yield 2.97 %
- 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 14.1% over last quarter.
Cons
- The company has delivered a poor sales growth of 8.52% over past five years.
- Earnings include an other income of Rs.7.67 Cr.
- Working capital days have increased from 99.4 days to 147 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
120 | 115 | 93 | 74 | 98 | 112 | 132 | 144 | 160 | 205 | 206 | 199 | |
105 | 109 | 89 | 74 | 96 | 107 | 124 | 135 | 152 | 172 | 171 | 177 | |
Operating Profit | 15 | 6 | 4 | 1 | 2 | 5 | 7 | 9 | 8 | 33 | 35 | 21 |
OPM % | 13% | 5% | 5% | 1% | 2% | 5% | 6% | 6% | 5% | 16% | 17% | 11% |
3 | 7 | 5 | 6 | 4 | 4 | 3 | 4 | 4 | 3 | 8 | 8 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Depreciation | 5 | 5 | 5 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 6 |
Profit before tax | 12 | 7 | 5 | 3 | 3 | 6 | 6 | 9 | 7 | 32 | 37 | 23 |
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 | |
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 |
Dividend Payout % | 21% | 23% | 23% | 27% | 63% | 43% | 20% | 25% | 32% | 10% | 2% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 9% |
3 Years: | 7% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 24% |
3 Years: | 53% |
TTM: | -31% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 27% |
3 Years: | 49% |
1 Year: | -9% |
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 | 70 | 81 | 147 |
ROCE % | 11% | 3% | 2% | 1% | 2% | 6% | 7% | 7% | 6% | 24% | 22% | 14% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 27 Jun
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 27 Jun
- Closure of Trading Window 25 Jun
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Reply For Additional Details Required For Corporate Announcement Filed Under Regulation 30 Of SEBI (LODR) Regulations, 2015
24 Jun - Company Secretary resigned effective June 20, 2025; delay in exchange intimation explained.
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
23 Jun - Company Secretary and Compliance Officer resigned effective June 20, 2025, due to personal reasons.
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.