I G Petrochemicals Ltd
I G Petrochemicals Ltd, incorporated in 1988, manufactures Phthalic Anhydride (PAN), Maleic Anhydride (MAN) and Benzoic Acid which are used in manufacturing of dyes, polyester resins etc. [1]
- Market Cap ₹ 1,460 Cr.
- Current Price ₹ 473
- High / Low ₹ 727 / 361
- Stock P/E 13.0
- Book Value ₹ 431
- Dividend Yield 1.59 %
- ROCE 11.6 %
- ROE 8.76 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.10 times its book value
- Company has been maintaining a healthy dividend payout of 33.6%
Cons
- Company has a low return on equity of 9.49% 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
Sector: Chemicals Industry: Chemicals
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,204 | 1,187 | 953 | 1,037 | 1,144 | 1,304 | 1,059 | 1,124 | 1,883 | 2,352 | 2,099 | 2,206 | |
1,144 | 1,106 | 839 | 869 | 877 | 1,078 | 987 | 825 | 1,476 | 2,034 | 1,994 | 1,986 | |
Operating Profit | 61 | 80 | 113 | 168 | 267 | 226 | 72 | 299 | 407 | 318 | 105 | 221 |
OPM % | 5% | 7% | 12% | 16% | 23% | 17% | 7% | 27% | 22% | 14% | 5% | 10% |
-8 | -14 | 4 | 3 | 4 | -2 | 6 | 4 | 9 | 22 | 31 | 28 | |
Interest | 30 | 38 | 23 | 18 | 15 | 11 | 16 | 15 | 13 | 24 | 30 | 39 |
Depreciation | 18 | 16 | 18 | 21 | 26 | 26 | 30 | 34 | 44 | 47 | 52 | 65 |
Profit before tax | 4 | 11 | 77 | 132 | 231 | 186 | 32 | 254 | 359 | 269 | 54 | 144 |
Tax % | 20% | 21% | 21% | 23% | 37% | 37% | 34% | 25% | 26% | 25% | 26% | 22% |
3 | 9 | 60 | 102 | 147 | 116 | 21 | 190 | 267 | 200 | 40 | 112 | |
EPS in Rs | 1.02 | 2.89 | 19.60 | 33.10 | 47.59 | 37.82 | 6.83 | 61.54 | 86.61 | 65.05 | 12.89 | 36.52 |
Dividend Payout % | 0% | 35% | 10% | 9% | 8% | 11% | 29% | 12% | 12% | 15% | 58% | 27% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 16% |
3 Years: | 5% |
TTM: | 5% |
Compounded Profit Growth | |
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10 Years: | 14% |
5 Years: | 41% |
3 Years: | -25% |
TTM: | 198% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 31% |
3 Years: | -11% |
1 Year: | -3% |
Return on Equity | |
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10 Years: | 17% |
5 Years: | 15% |
3 Years: | 9% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
Reserves | 226 | 208 | 261 | 362 | 497 | 598 | 603 | 787 | 1,030 | 1,200 | 1,209 | 1,297 |
209 | 153 | 116 | 82 | 54 | 161 | 197 | 129 | 137 | 217 | 337 | 238 | |
298 | 212 | 171 | 184 | 245 | 323 | 299 | 337 | 416 | 501 | 517 | 602 | |
Total Liabilities | 764 | 604 | 579 | 659 | 827 | 1,113 | 1,130 | 1,284 | 1,614 | 1,949 | 2,094 | 2,168 |
376 | 327 | 322 | 324 | 403 | 389 | 471 | 702 | 736 | 717 | 1,030 | 1,016 | |
CWIP | 1 | 1 | 4 | 11 | 26 | 216 | 267 | 41 | 18 | 232 | 3 | 41 |
Investments | 0 | 0 | 0 | 19 | 90 | 113 | 55 | 58 | 123 | 269 | 252 | 242 |
387 | 276 | 252 | 305 | 308 | 395 | 336 | 483 | 737 | 731 | 809 | 868 | |
Total Assets | 764 | 604 | 579 | 659 | 827 | 1,113 | 1,130 | 1,284 | 1,614 | 1,949 | 2,094 | 2,168 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
28 | 74 | 70 | 95 | 198 | 147 | 84 | 145 | 109 | 234 | 37 | 265 | |
-36 | -24 | -6 | -43 | -129 | -234 | -99 | -52 | -98 | -249 | -115 | -88 | |
1 | -61 | -64 | -50 | -67 | 58 | 35 | -80 | -19 | 21 | 48 | -136 | |
Net Cash Flow | -6 | -10 | -1 | 2 | 2 | -30 | 20 | 12 | -8 | 5 | -30 | 41 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 53 | 45 | 42 | 53 | 44 | 51 | 49 | 65 | 67 | 50 | 59 | 47 |
Inventory Days | 49 | 32 | 45 | 47 | 47 | 52 | 42 | 81 | 45 | 34 | 42 | 64 |
Days Payable | 100 | 72 | 77 | 83 | 75 | 92 | 89 | 124 | 87 | 76 | 79 | 98 |
Cash Conversion Cycle | 2 | 5 | 10 | 17 | 16 | 11 | 3 | 21 | 25 | 8 | 21 | 13 |
Working Capital Days | 9 | 1 | 8 | 21 | 19 | 20 | 3 | 20 | 34 | 16 | 27 | 38 |
ROCE % | 12% | 16% | 25% | 34% | 46% | 30% | 6% | 30% | 35% | 22% | 5% | 12% |
Documents
Announcements
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Integrated Filing (Financial)
1d - IG Petrochemicals reports FY25 audited results; profit up; recommends Rs.10/share dividend; auditors unmodified opinion.
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Announcement under Regulation 30 (LODR)-Meeting Updates
2d - Approved Rs.16 Cr pyrolysis oil project; recommended 100% dividend; re-appointed auditors till 2030.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - That officials of the Company will be attending the Investor Conference on 22nd May, 2025.
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Corporate Action-Board to consider Dividend
9 May - Board meeting on 19 May 2025 to approve FY25 results and recommend dividend.
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Board Meeting Intimation for Consideration Of The Financial Results Of The Company For The Year Ended 31St March 2025 And Recommendation Of Final Dividend
9 May - Board meeting on 19 May 2025 to approve FY25 results and recommend dividend.
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
from nse
Concalls
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Feb 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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Oct 2015TranscriptNotesPPT
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Jul 2015TranscriptNotesPPT
Product Portfolio[1]
a) Phthalic Anhydride (PAN): A white crystalline solid that liquefies when heated. It's used in plasticizers, unsaturated polyester resins, alkyd resins, paints, and CPC pigments.
b) Maleic Anhydride (MAN): A by-product of PAN production, used as an organic intermediate in various industrial chemical applications.
c) Benzoic Acid: Recovered from wash water during PAN production; finds applications in pharmaceuticals, perfumes, and other industrial uses.
d) Di-Ethyl Phthalate (DEP): A PAN derivative used in personal care products, incense sticks, cosmetics, and toiletries.