India Glycols Ltd

India Glycols Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

India Glycols Ltd

₹ 834 -0.81%
23 Apr 2:11 p.m.
indiaglycols.com BSE: 500201 NSE : INDIAGLYCO
About

Established in 1988, India Glycols Ltd. is engaged in the manufacturing of green technology-based bulk, specialty & performance chemicals, and natural gums, spirits, industrial gases, sugar, and nutraceuticals. [1][2]

Key Points

Business Divisions
Chemicals: The Co. is engaged in the manufacturing of chemicals like Ethylene glycols, Ethoxylates, and PEG, Glycol ethers and acetates, and Performance chemicals. [1]
Industrial Gases: The Co. produces cryogenic gases like Liquid Oxygen, Liquid Nitrogen, And Liquid Argon. [2]
Ennature Biopharma: The Co. has a wholly-owned subsidiary engaged in the manufacture of natural active pharmaceutical ingredients (APIs), nutraceuticals, natural food colors, standardized herbal extracts, and spice extracts for the beverage, dietary supplement, functional food, pharmaceutical and cosmeceutical industries. [3]
Natural Gums: Natural Gums Division is engaged in the manufacturing & supply of Guar Gum and other hydrocolloid products. [4]
Spirits: The Co. is also engaged in the manufacturing of spirits and has a total installed capacity of 280,000 KLPA for the production of ethyl alcohol, out of which, 80,000 KLPA is for potable alcohol. [5]

Website BSE NSE
  • Market Cap ₹ 2,583 Cr.
  • Current Price ₹ 834
  • High / Low ₹ 979 / 512
  • Stock P/E 16.8
  • Book Value ₹ 530
  • Dividend Yield 0.90 %
  • ROCE 9.03 %
  • ROE 7.20 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has been maintaining a healthy dividend payout of 17.9%

Cons

  • The company has delivered a poor sales growth of -2.63% over past five years.
  • Company has a low return on equity of 7.71% 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: Alcoholic Beverages Industry: Breweries & Distilleries

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
698 732 650 779 795 638 808 670 553 619 688 775 904
627 661 595 715 740 561 745 604 481 522 592 681 801
Operating Profit 71 71 56 64 55 77 63 66 72 97 95 94 103
OPM % 10% 10% 9% 8% 7% 12% 8% 10% 13% 16% 14% 12% 11%
14 10 253 8 8 -31 7 8 -9 4 6 11 5
Interest 20 17 16 15 15 17 20 23 26 26 28 29 31
Depreciation 19 20 19 19 19 19 20 20 20 29 21 28 26
Profit before tax 47 45 273 38 29 11 30 30 17 46 53 48 50
Tax % 20% 85% 21% 25% 25% -79% 24% 26% 19% 13% 24% 25% 24%
37 7 216 29 22 19 23 22 13 40 41 36 38
EPS in Rs 12.11 2.16 69.68 9.29 7.07 6.14 7.37 7.26 4.31 12.95 13.09 11.52 12.21
Raw PDF

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
2,624 3,334 2,885 2,557 2,322 2,473 3,028 3,356 2,714 2,280 2,863 2,650 2,987
2,285 2,965 2,674 2,420 2,140 2,237 2,703 2,936 2,436 2,022 2,611 2,353 2,597
Operating Profit 339 368 211 137 182 237 325 420 278 258 252 298 389
OPM % 13% 11% 7% 5% 8% 10% 11% 13% 10% 11% 9% 11% 13%
9 12 -164 -15 -50 7 10 17 52 34 237 10 25
Interest 113 133 134 158 133 122 118 136 90 73 62 95 114
Depreciation 78 82 83 81 65 68 69 72 73 76 76 90 103
Profit before tax 157 165 -170 -117 -66 54 149 229 166 143 352 123 197
Tax % 33% 27% 30% 47% 36% 17% 34% 35% 23% 41% 19% 20%
105 121 -120 -61 -42 45 98 148 128 84 285 99 154
EPS in Rs 39.06 -38.61 -19.81 -13.67 14.38 31.68 47.87 41.43 27.23 92.18 31.89 49.77
Dividend Payout % 8% 15% -3% 0% 0% 7% 13% 13% 14% 22% 8% 24%
Compounded Sales Growth
10 Years: -2%
5 Years: -3%
3 Years: -1%
TTM: 12%
Compounded Profit Growth
10 Years: -1%
5 Years: 3%
3 Years: -5%
TTM: 79%
Stock Price CAGR
10 Years: 23%
5 Years: 26%
3 Years: 24%
1 Year: 57%
Return on Equity
10 Years: 8%
5 Years: 10%
3 Years: 8%
Last Year: 7%

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 28 31 31 31 31 31 31 31 31 31 31 31 31
Reserves 454 598 475 424 771 815 910 1,043 1,127 1,214 1,481 1,557 1,610
1,993 1,639 1,927 2,138 1,120 977 766 930 928 1,064 969 1,112 1,108
442 696 776 564 1,555 1,540 1,637 1,711 1,941 1,765 1,787 1,844 2,043
Total Liabilities 2,916 2,964 3,209 3,158 3,478 3,363 3,345 3,715 4,027 4,074 4,267 4,543 4,792
1,062 1,092 1,188 1,032 1,917 2,003 2,053 2,074 2,134 2,102 2,232 2,717 2,814
CWIP 97 194 122 142 167 78 76 124 163 119 237 125 102
Investments 72 229 57 82 29 26 26 26 29 29 29 2 0
1,685 1,450 1,841 1,901 1,365 1,257 1,190 1,491 1,702 1,824 1,770 1,700 1,877
Total Assets 2,916 2,964 3,209 3,158 3,478 3,363 3,345 3,715 4,027 4,074 4,267 4,543 4,792

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
-47 769 -138 -154 1,223 302 487 148 344 142 114 326
-222 -242 2 155 -79 -41 -145 -133 -156 -157 77 -330
294 -526 106 -1 -1,161 -261 -342 7 -212 16 -188 -0
Net Cash Flow 25 1 -30 -1 -17 1 0 22 -24 0 4 -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 37 33 56 62 59 59 41 36 77 58 51 60
Inventory Days 151 77 106 107 124 129 87 123 147 168 147 209
Days Payable 49 76 91 55 117 145 152 142 156 162 137 209
Cash Conversion Cycle 139 33 71 115 66 43 -24 18 69 65 61 60
Working Capital Days 94 59 95 107 70 19 1 10 13 30 41 30
ROCE % 12% 13% 6% 4% 6% 9% 15% 20% 13% 9% 8% 9%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
61.01% 61.01% 61.01% 61.01% 61.01% 61.02% 61.02% 61.02% 61.02% 61.02% 61.02% 61.02%
1.15% 1.15% 2.19% 2.18% 1.31% 1.31% 1.22% 1.17% 1.16% 1.29% 1.57% 1.80%
0.25% 1.87% 4.39% 4.61% 5.20% 3.76% 3.75% 4.17% 1.97% 0.06% 0.11% 0.08%
37.58% 35.97% 32.41% 32.19% 32.47% 33.92% 34.00% 33.64% 35.86% 37.63% 37.30% 37.11%
No. of Shareholders 36,70943,44139,98543,32943,21143,15942,82342,86943,85347,47647,25959,579

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls