I G Petrochemicals Ltd

I G Petrochemicals Ltd

₹ 525 0.27%
22 Nov - close price
About

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]

Key Points

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>
  • Market Cap 1,616 Cr.
  • Current Price 525
  • High / Low 727 / 402
  • Stock P/E 28.0
  • Book Value 416
  • Dividend Yield 1.43 %
  • ROCE 5.38 %
  • ROE 3.05 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 28.4%

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.

Peer comparison

Sector: Chemicals Industry: Chemicals

Part of BSE Allcap BSE Commodities BSE SmallCap

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
471 507 517 660 569 518 605 555 502 488 554 585 583
374 395 404 540 484 469 541 496 476 494 528 523 519
Operating Profit 97 112 113 120 85 49 64 59 26 -6 26 62 64
OPM % 21% 22% 22% 18% 15% 9% 10% 11% 5% -1% 5% 11% 11%
3 3 2 4 6 6 6 7 7 7 9 10 5
Interest 2 3 4 4 5 9 7 6 7 8 9 9 16
Depreciation 11 11 12 12 12 12 12 12 13 12 15 16 16
Profit before tax 88 101 100 109 75 34 51 48 14 -20 11 46 36
Tax % 25% 25% 26% 25% 26% 26% 25% 26% 28% -24% 19% 23% 22%
66 75 74 81 55 25 38 36 10 -15 9 35 28
EPS in Rs 21.35 24.39 23.91 26.40 17.98 8.26 12.41 11.58 3.27 -4.95 2.99 11.51 9.19
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
970 1,204 1,187 953 1,037 1,144 1,304 1,059 1,124 1,883 2,352 2,099 2,210
914 1,144 1,106 839 869 877 1,078 987 825 1,476 2,034 1,994 2,064
Operating Profit 57 61 80 113 168 267 226 72 299 407 318 105 146
OPM % 6% 5% 7% 12% 16% 23% 17% 7% 27% 22% 14% 5% 7%
-22 -8 -14 4 3 4 -2 6 4 9 22 31 30
Interest 17 30 38 23 18 15 11 16 15 13 24 30 43
Depreciation 14 18 16 18 21 26 26 30 34 44 47 52 60
Profit before tax 4 4 11 77 132 231 186 32 254 359 269 54 74
Tax % 21% 20% 21% 21% 23% 37% 37% 34% 25% 26% 25% 26%
3 3 9 60 102 147 116 21 190 267 200 40 58
EPS in Rs 1.00 1.02 2.89 19.60 33.10 47.59 37.82 6.83 61.54 86.61 65.05 12.89 18.74
Dividend Payout % 0% 0% 35% 10% 9% 8% 11% 29% 12% 12% 15% 58%
Compounded Sales Growth
10 Years: 6%
5 Years: 10%
3 Years: 23%
TTM: 1%
Compounded Profit Growth
10 Years: 6%
5 Years: -21%
3 Years: -42%
TTM: -47%
Stock Price CAGR
10 Years: 25%
5 Years: 30%
3 Years: -11%
1 Year: 19%
Return on Equity
10 Years: 18%
5 Years: 15%
3 Years: 15%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 31 31 31 31 31 31 31 31 31 31 31 31 31
Reserves 227 226 208 261 362 497 598 603 787 1,030 1,200 1,209 1,249
172 209 153 116 82 54 161 197 129 137 217 337 376
192 298 212 171 184 245 323 299 337 416 501 517 535
Total Liabilities 622 764 604 579 659 827 1,113 1,130 1,284 1,614 1,949 2,094 2,191
172 376 327 322 324 403 389 471 702 736 717 1,030 1,023
CWIP 172 1 1 4 11 26 216 267 41 18 232 3 11
Investments 0 0 0 0 19 90 113 55 58 123 269 252 243
279 387 276 252 305 308 395 336 483 737 731 809 913
Total Assets 622 764 604 579 659 827 1,113 1,130 1,284 1,614 1,949 2,094 2,191

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
29 28 74 70 95 198 147 84 145 109 234 37
-134 -36 -24 -6 -43 -129 -234 -99 -52 -98 -249 -115
109 1 -61 -64 -50 -67 58 35 -80 -19 21 48
Net Cash Flow 5 -6 -10 -1 2 2 -30 20 12 -8 5 -30

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 47 53 45 42 53 44 51 49 65 67 50 59
Inventory Days 36 49 32 45 47 47 52 42 81 45 34 42
Days Payable 81 100 72 77 83 75 92 89 124 87 76 79
Cash Conversion Cycle 2 2 5 10 17 16 11 3 21 25 8 21
Working Capital Days 13 9 1 8 21 19 20 3 20 34 16 27
ROCE % 14% 12% 16% 25% 34% 46% 30% 6% 30% 35% 22% 5%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
68.74% 68.74% 68.74% 68.73% 68.73% 68.73% 68.73% 68.73% 68.74% 68.74% 68.74% 68.74%
3.02% 3.22% 3.44% 3.45% 3.56% 3.71% 3.81% 3.74% 3.42% 3.00% 2.50% 2.73%
1.87% 1.86% 1.97% 2.05% 2.03% 1.95% 1.69% 1.80% 1.79% 1.79% 2.16% 2.70%
26.38% 26.18% 25.86% 25.75% 25.69% 25.61% 25.78% 25.74% 26.05% 26.47% 26.61% 25.84%
No. of Shareholders 38,62336,76536,18338,02637,01036,50136,62537,08637,39837,72636,04534,809

* 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.

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Documents

Concalls