India Glycols Ltd

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

India Glycols Ltd

₹ 840 -1.44%
26 Apr - close price
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 ₹ 2,601 Cr.
  • Current Price ₹ 840
  • High / Low ₹ 979 / 540
  • Stock P/E 15.2
  • Book Value ₹ 635
  • Dividend Yield 0.89 %
  • ROCE 8.39 %
  • ROE 5.94 %
  • Face Value ₹ 10.0
Edit ratios

Pros

Cons

  • The company has delivered a poor sales growth of -2.67% over past five years.
  • Company has a low return on equity of 9.64% over last 3 years.
  • Dividend payout has been low at 13.2% of profits 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

Consolidated Figures in Rs. Crores / View Standalone

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
712 752 651 780 795 642 808 670 554 619 689 775 904
644 665 596 714 741 563 746 602 487 523 589 679 802
Operating Profit 68 87 55 66 55 80 63 68 67 96 100 96 102
OPM % 10% 12% 8% 8% 7% 12% 8% 10% 12% 16% 15% 12% 11%
14 18 252 17 14 -9 16 9 35 6 12 12 9
Interest 22 21 18 17 17 18 22 24 27 26 28 29 31
Depreciation 20 21 20 20 20 21 21 21 21 30 21 28 26
Profit before tax 39 62 269 47 31 32 35 31 53 46 64 50 54
Tax % 24% -14% 21% 21% 23% -111% 20% 25% 6% 13% 20% 24% 23%
30 71 211 37 24 67 28 24 50 40 51 38 42
EPS in Rs 9.63 22.93 68.30 12.04 7.75 21.67 9.37 8.08 9.93 13.02 16.52 12.28 13.45
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
2,758 3,423 2,977 2,579 2,324 2,500 3,034 3,357 2,735 2,317 2,868 2,651 2,987
2,423 3,052 2,774 2,455 2,149 2,263 2,712 2,941 2,433 2,026 2,599 2,346 2,593
Operating Profit 335 370 203 124 175 237 322 416 303 291 269 305 394
OPM % 12% 11% 7% 5% 8% 9% 11% 12% 11% 13% 9% 12% 13%
22 10 -174 -16 -47 7 23 17 24 15 260 54 38
Interest 151 150 150 163 139 127 125 143 97 83 70 100 114
Depreciation 85 90 91 89 69 72 73 76 78 80 80 94 104
Profit before tax 120 140 -212 -144 -81 45 147 213 153 143 379 165 213
Tax % 44% 32% 24% 38% 30% 22% 34% 38% 25% 8% 10% 15%
67 96 -161 -89 -57 35 97 133 115 132 340 141 171
EPS in Rs 30.85 -52.12 -28.63 -18.35 11.32 31.18 42.83 37.03 42.51 109.77 40.40 55.27
Dividend Payout % 12% 19% -2% 0% 0% 9% 13% 14% 16% 14% 7% 19%
Compounded Sales Growth
10 Years: -3%
5 Years: -3%
3 Years: -1%
TTM: 12%
Compounded Profit Growth
10 Years: 1%
5 Years: 3%
3 Years: -6%
TTM: 21%
Stock Price CAGR
10 Years: 23%
5 Years: 26%
3 Years: 21%
1 Year: 49%
Return on Equity
10 Years: 9%
5 Years: 11%
3 Years: 10%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 386 505 341 266 687 721 814 932 1,003 1,138 1,761 1,870 1,936
Preference Capital 0 0 0 0 0 0 0 0 0 0 5 0
2,161 1,769 2,053 2,264 1,236 1,095 834 1,000 999 1,137 1,042 1,112 1,108
511 813 818 593 1,665 1,645 1,742 1,821 2,053 1,814 1,797 1,845 2,044
Total Liabilities 3,086 3,118 3,243 3,154 3,620 3,492 3,421 3,784 4,086 4,119 4,631 4,858 5,119
1,191 1,216 1,309 1,146 2,029 2,111 2,156 2,173 2,228 2,193 2,318 2,717 2,814
CWIP 105 202 137 162 181 91 89 137 172 126 243 125 102
Investments 18 174 4 4 28 25 24 21 26 27 336 318 325
1,773 1,526 1,792 1,843 1,382 1,265 1,152 1,453 1,660 1,774 1,734 1,698 1,878
Total Assets 3,086 3,118 3,243 3,154 3,620 3,492 3,421 3,784 4,086 4,119 4,631 4,858 5,119

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-24 817 -234 -171 1,231 302 502 147 343 137 116 326
-200 -227 110 175 -78 -40 -103 -128 -151 -148 76 -330
240 -582 87 -4 -1,168 -263 -399 3 -216 11 -189 -1
Net Cash Flow 17 8 -38 -0 -15 -1 -0 22 -23 -0 4 -5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 40 32 54 62 57 57 40 35 76 57 51 59
Inventory Days 149 92 109 109 128 129 87 124 146 166 148 209
Days Payable 53 83 91 55 120 144 152 143 155 158 137 209
Cash Conversion Cycle 136 40 72 115 66 42 -25 17 67 65 62 60
Working Capital Days 88 50 78 90 66 12 -8 1 1 19 34 30
ROCE % 12% 12% 5% 3% 5% 9% 15% 20% 14% 10% 9% 8%

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