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 ₹ 1,326 Cr.
- Current Price ₹ 431
- High / Low ₹ 590 / 402
- Stock P/E 19.3
- Book Value ₹ 404
- Dividend Yield 2.32 %
- ROCE 21.8 %
- ROE 17.2 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.06 times its book value
- Company's working capital requirements have reduced from 23.4 days to 15.7 days
Cons
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
886 | 970 | 1,204 | 1,187 | 953 | 1,037 | 1,144 | 1,304 | 1,059 | 1,124 | 1,883 | 2,352 | 2,150 | |
843 | 914 | 1,144 | 1,106 | 839 | 869 | 877 | 1,078 | 987 | 825 | 1,476 | 2,034 | 2,007 | |
Operating Profit | 43 | 57 | 61 | 80 | 113 | 168 | 267 | 226 | 72 | 299 | 407 | 318 | 143 |
OPM % | 5% | 6% | 5% | 7% | 12% | 16% | 23% | 17% | 7% | 27% | 22% | 14% | 7% |
3 | -22 | -8 | -14 | 4 | 3 | 4 | -2 | 6 | 4 | 9 | 22 | 27 | |
Interest | 15 | 17 | 30 | 38 | 23 | 18 | 15 | 11 | 16 | 15 | 13 | 24 | 27 |
Depreciation | 15 | 14 | 18 | 16 | 18 | 21 | 26 | 26 | 30 | 34 | 44 | 47 | 50 |
Profit before tax | 17 | 4 | 4 | 11 | 77 | 132 | 231 | 186 | 32 | 254 | 359 | 269 | 93 |
Tax % | 20% | 21% | 20% | 21% | 21% | 23% | 37% | 37% | 34% | 25% | 26% | 25% | |
13 | 3 | 3 | 9 | 60 | 102 | 147 | 116 | 21 | 190 | 267 | 200 | 69 | |
EPS in Rs | 4.32 | 1.00 | 1.02 | 2.89 | 19.60 | 33.10 | 47.59 | 37.82 | 6.83 | 61.54 | 86.61 | 65.05 | 22.31 |
Dividend Payout % | 0% | 0% | 0% | 35% | 10% | 9% | 8% | 11% | 29% | 12% | 12% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 16% |
3 Years: | 30% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 6% |
3 Years: | 115% |
TTM: | -71% |
Stock Price CAGR | |
---|---|
10 Years: | 33% |
5 Years: | 8% |
3 Years: | 1% |
1 Year: | 4% |
Return on Equity | |
---|---|
10 Years: | 21% |
5 Years: | 20% |
3 Years: | 23% |
Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
Reserves | 228 | 227 | 226 | 208 | 261 | 362 | 497 | 598 | 603 | 787 | 1,030 | 1,200 | 1,215 |
16 | 172 | 209 | 153 | 116 | 82 | 54 | 161 | 197 | 129 | 137 | 217 | 337 | |
183 | 192 | 298 | 212 | 171 | 184 | 245 | 323 | 299 | 337 | 416 | 501 | 474 | |
Total Liabilities | 458 | 622 | 764 | 604 | 579 | 659 | 827 | 1,113 | 1,130 | 1,284 | 1,614 | 1,949 | 2,057 |
216 | 172 | 376 | 327 | 322 | 324 | 403 | 389 | 471 | 702 | 736 | 717 | 703 | |
CWIP | 18 | 172 | 1 | 1 | 4 | 11 | 26 | 216 | 267 | 41 | 18 | 232 | 296 |
Investments | 0 | 0 | 0 | 0 | 0 | 19 | 90 | 113 | 55 | 58 | 123 | 269 | 283 |
223 | 279 | 387 | 276 | 252 | 305 | 308 | 395 | 336 | 483 | 737 | 731 | 774 | |
Total Assets | 458 | 622 | 764 | 604 | 579 | 659 | 827 | 1,113 | 1,130 | 1,284 | 1,614 | 1,949 | 2,057 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
32 | 29 | 28 | 74 | 70 | 95 | 198 | 147 | 84 | 145 | 109 | 234 | |
-18 | -134 | -36 | -24 | -6 | -43 | -129 | -234 | -99 | -52 | -98 | -249 | |
8 | 109 | 1 | -61 | -64 | -50 | -67 | 58 | 35 | -80 | -19 | 21 | |
Net Cash Flow | 22 | 5 | -6 | -10 | -1 | 2 | 2 | -30 | 20 | 12 | -8 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 43 | 47 | 53 | 45 | 42 | 53 | 44 | 51 | 49 | 65 | 67 | 50 |
Inventory Days | 28 | 36 | 49 | 32 | 45 | 47 | 47 | 52 | 42 | 81 | 45 | 34 |
Days Payable | 67 | 81 | 100 | 72 | 77 | 83 | 75 | 92 | 89 | 124 | 87 | 76 |
Cash Conversion Cycle | 3 | 2 | 2 | 5 | 10 | 17 | 16 | 11 | 3 | 21 | 25 | 8 |
Working Capital Days | 13 | 13 | 9 | 1 | 8 | 21 | 19 | 20 | 3 | 20 | 34 | 16 |
ROCE % | 12% | 14% | 12% | 16% | 25% | 34% | 46% | 30% | 6% | 30% | 35% | 22% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
- Closure of Trading Window 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 22 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Mar
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
15 Mar - Of Schedule of Analyst / Institutional Investor meeting under the SEBI (LODR), Regulations 2015
Annual reports
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Financial Year 2023
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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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Financial Year 2010
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Concalls
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Feb 2024Transcript PPT
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Market Leadership
<h1>Largest producer of Phthalic Anhydride in India dominating with a market size of more than 50% and is the lowest cost producer. [1]</h1> <h1>2nd largest PAN manufacturer in the world. [2]</h1>