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 ₹ 1,416 Cr.
- Current Price ₹ 459
- High / Low ₹ 727 / 361
- Stock P/E 13.0
- Book Value ₹ 435
- Dividend Yield 1.63 %
- ROCE 11.1 %
- ROE 8.41 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.06 times its book value
- Company has been maintaining a healthy dividend payout of 34.1%
Cons
- Company has a low return on equity of 9.33% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
953 | 1,037 | 1,144 | 1,304 | 1,059 | 1,124 | 1,883 | 2,352 | 2,099 | 2,206 | |
840 | 869 | 877 | 1,078 | 987 | 825 | 1,476 | 2,035 | 1,994 | 1,987 | |
Operating Profit | 113 | 168 | 267 | 226 | 72 | 299 | 407 | 318 | 105 | 219 |
OPM % | 12% | 16% | 23% | 17% | 7% | 27% | 22% | 14% | 5% | 10% |
4 | 3 | 4 | -1 | 6 | 3 | 6 | 22 | 30 | 26 | |
Interest | 23 | 18 | 15 | 12 | 16 | 15 | 13 | 24 | 30 | 39 |
Depreciation | 18 | 21 | 26 | 26 | 30 | 34 | 44 | 47 | 52 | 65 |
Profit before tax | 77 | 132 | 230 | 187 | 32 | 253 | 356 | 268 | 53 | 141 |
Tax % | 21% | 23% | 37% | 37% | 35% | 26% | 26% | 25% | 26% | 23% |
60 | 102 | 146 | 117 | 21 | 188 | 264 | 200 | 40 | 109 | |
EPS in Rs | 19.55 | 32.98 | 47.42 | 37.94 | 6.78 | 61.08 | 85.89 | 64.95 | 12.83 | 35.30 |
Dividend Payout % | 10% | 0% | 8% | 11% | 30% | 12% | 12% | 15% | 58% | 28% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 5% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 41% |
3 Years: | -26% |
TTM: | 190% |
Stock Price CAGR | |
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10 Years: | 19% |
5 Years: | 30% |
3 Years: | -10% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 9% |
Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 |
Reserves | 261 | 361 | 497 | 598 | 602 | 791 | 1,031 | 1,204 | 1,216 | 1,308 |
116 | 82 | 87 | 194 | 230 | 165 | 173 | 254 | 368 | 269 | |
171 | 184 | 245 | 323 | 299 | 337 | 416 | 503 | 520 | 603 | |
Total Liabilities | 578 | 658 | 860 | 1,146 | 1,161 | 1,324 | 1,651 | 1,992 | 2,135 | 2,211 |
322 | 324 | 403 | 389 | 471 | 702 | 736 | 717 | 1,030 | 1,016 | |
CWIP | 4 | 11 | 89 | 283 | 339 | 132 | 118 | 349 | 158 | 234 |
Investments | 0 | 17 | 60 | 70 | 12 | 16 | 81 | 182 | 144 | 134 |
252 | 306 | 308 | 404 | 339 | 475 | 716 | 745 | 803 | 826 | |
Total Assets | 578 | 658 | 860 | 1,146 | 1,161 | 1,324 | 1,651 | 1,992 | 2,135 | 2,211 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
69 | 94 | 201 | 139 | 84 | 183 | 109 | 233 | 37 | 261 | |
-6 | -42 | -164 | -216 | -104 | -72 | -106 | -255 | -115 | -92 | |
-64 | -50 | -35 | 58 | 35 | -80 | -19 | 21 | 48 | -138 | |
Net Cash Flow | -1 | 2 | 2 | -19 | 15 | 30 | -15 | -2 | -29 | 31 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 42 | 53 | 44 | 51 | 49 | 65 | 67 | 50 | 59 | 47 |
Inventory Days | 45 | 47 | 47 | 52 | 42 | 81 | 45 | 34 | 42 | 64 |
Days Payable | 77 | 83 | 75 | 92 | 89 | 124 | 87 | 76 | 79 | 98 |
Cash Conversion Cycle | 10 | 17 | 16 | 11 | 3 | 21 | 25 | 8 | 21 | 13 |
Working Capital Days | 8 | 21 | 19 | 20 | 3 | 20 | 34 | 15 | 26 | 33 |
ROCE % | 34% | 45% | 29% | 5% | 29% | 33% | 21% | 5% | 11% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Investor Presentation
4h - Investor Presentation on the financial results of the Company for the quarter and year ended 31-03-2025
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Integrated Filing (Financial)
2d - 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
19 May - 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
19 May - 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.
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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Concalls
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May 2025TranscriptNotesPPT
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Feb 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
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Aug 2016TranscriptNotesPPT
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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.