Indogulf Cropsciences Ltd
Incorporated in 1993, Indogulf Cropsciences Limited is engaged in manufacturing crop protection products, plant nutrients, and biologicals in India.[1]
- Market Cap ₹ 422 Cr.
- Current Price ₹ 67.4
- High / Low ₹ 122 / 62.0
- Stock P/E 12.3
- Book Value ₹ 69.6
- Dividend Yield 0.00 %
- ROCE 12.9 %
- ROE 12.0 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.97 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.6% over last 3 years.
* 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 Fertilizers & Agrochemicals Pesticides & Agrochemicals
Part of BSE IPO
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 443 | 486 | 550 | 552 | 590 | |
| 404 | 442 | 501 | 493 | 526 | |
| Operating Profit | 39 | 45 | 49 | 59 | 64 |
| OPM % | 9% | 9% | 9% | 11% | 11% |
| 2 | 4 | 3 | -0 | 5 | |
| Interest | 5 | 6 | 12 | 13 | 15 |
| Depreciation | 6 | 8 | 10 | 10 | 11 |
| Profit before tax | 30 | 36 | 30 | 36 | 45 |
| Tax % | 26% | 26% | 26% | 22% | 29% |
| 22 | 26 | 22 | 28 | 31 | |
| EPS in Rs | 9.48 | 11.25 | 9.53 | 12.00 | 6.45 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 5% |
| TTM: | -1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 13% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 24 | 24 | 24 | 24 | 49 | 63 |
| Reserves | 130 | 157 | 180 | 208 | 226 | 377 |
| 79 | 102 | 195 | 159 | 227 | 208 | |
| 178 | 139 | 120 | 154 | 188 | 218 | |
| Total Liabilities | 411 | 421 | 519 | 544 | 690 | 866 |
| 51 | 53 | 69 | 48 | 47 | 48 | |
| CWIP | 6 | 9 | 9 | 23 | 58 | 67 |
| Investments | 3 | 0 | 0 | 0 | 0 | 15 |
| 351 | 359 | 440 | 474 | 585 | 736 | |
| Total Assets | 411 | 421 | 519 | 544 | 690 | 866 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 20 | -7 | -57 | 53 | -15 | |
| -10 | -10 | -19 | -5 | -40 | |
| -9 | 16 | 75 | -49 | 61 | |
| Net Cash Flow | 1 | -1 | -1 | -1 | 7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 97 | 115 | 117 | 146 | 138 |
| Inventory Days | 205 | 167 | 201 | 195 | 260 |
| Days Payable | 138 | 111 | 79 | 109 | 129 |
| Cash Conversion Cycle | 164 | 171 | 239 | 232 | 268 |
| Working Capital Days | 62 | 86 | 91 | 111 | 114 |
| ROCE % | 16% | 12% | 13% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16 Jan - Indogulf Cropsciences investor meet moved to Jan 21, 2026 at 02:00 PM IST (virtual 1x1).
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
15 Jan - Of Schedule of Analyst / Institutional Investor Meetings under Regulation 30 of SEBI (LODR) Regulations, 2015
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10 Jan - Of Schedule of Analyst / Institutional Investor Meetings under Regulation 30 of the SEBI (LODR) Regulations, 2015
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Jan
-
Closure of Trading Window
29 Dec 2025 - Trading window closed from 01 Jan 2026 until 48 hours after unaudited results for quarter ending 31 Dec 2025.
Annual reports
Concalls
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
Business Profile[1]
Indogulf Cropsciences Limited is an agrochemical company engaged in the manufacturing and marketing of crop protection products, plant nutrients, and biologicals. It operates across India and exports to over 34 countries. It serves both retail (B2C) and institutional (B2B) customers and also offers contract manufacturing services.