I G Petrochemicals Ltd

I G Petrochems Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

I G Petrochemicals Ltd

₹ 674 0.45%
30 Aug - close price
igpetro.com BSE: 500199 NSE: IGPL
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>
Website BSE NSE
  • Market Cap ₹ 2,076 Cr.
  • Current Price ₹ 674
  • High / Low ₹ 727 / 402
  • Stock P/E 53.4
  • Book Value ₹ 405
  • Dividend Yield 1.11 %
  • ROCE 5.23 %
  • ROE 3.02 %
  • Face Value ₹ 10.0
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Pros

  • Company has been maintaining a healthy dividend payout of 28.5%

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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
387 471 507 517 660 569 518 605 555 502 488 554 585
304 374 395 404 540 484 469 541 496 476 494 528 523
Operating Profit 84 97 112 113 120 85 49 64 59 26 -6 26 62
OPM % 22% 21% 22% 22% 18% 15% 9% 11% 11% 5% -1% 5% 11%
1 2 2 2 4 6 6 6 7 7 7 9 9
Interest 5 2 3 4 4 5 9 7 6 7 8 9 9
Depreciation 11 11 11 12 12 12 12 12 12 13 12 15 16
Profit before tax 69 87 100 100 108 75 34 51 48 14 -20 11 45
Tax % 25% 25% 26% 26% 25% 26% 26% 25% 26% 28% -24% 20% 23%
51 65 74 74 81 55 25 38 36 10 -15 9 35
EPS in Rs 16.72 21.12 24.15 23.91 26.31 17.98 8.28 12.39 11.57 3.27 -4.95 2.94 11.37
Raw PDF

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 TTM
953 1,037 1,144 1,304 1,059 1,124 1,883 2,352 2,099 2,129
840 869 877 1,078 987 825 1,476 2,035 1,994 2,021
Operating Profit 113 168 267 226 72 299 407 318 105 108
OPM % 12% 16% 23% 17% 7% 27% 22% 14% 5% 5%
4 3 4 -1 6 3 6 22 30 32
Interest 23 18 15 12 16 15 13 24 30 34
Depreciation 18 21 26 26 30 34 44 47 52 56
Profit before tax 77 132 230 187 32 253 356 268 53 51
Tax % 21% 23% 37% 37% 35% 26% 26% 25% 26%
60 102 146 117 21 188 264 200 40 39
EPS in Rs 19.55 32.98 47.42 37.94 6.78 61.08 85.89 64.95 12.83 12.63
Dividend Payout % 10% 0% 8% 11% 30% 12% 12% 15% 58%
Compounded Sales Growth
10 Years: %
5 Years: 10%
3 Years: 23%
TTM: -5%
Compounded Profit Growth
10 Years: %
5 Years: -21%
3 Years: -42%
TTM: -75%
Stock Price CAGR
10 Years: 28%
5 Years: 38%
3 Years: 1%
1 Year: 34%
Return on Equity
10 Years: %
5 Years: 15%
3 Years: 15%
Last Year: 3%

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
Equity Capital 31 31 31 31 31 31 31 31 31
Reserves 261 361 497 598 602 791 1,031 1,204 1,216
116 82 87 194 230 165 173 254 368
171 184 245 323 299 337 416 503 520
Total Liabilities 578 658 860 1,146 1,161 1,324 1,651 1,992 2,135
322 324 403 389 471 702 736 717 1,030
CWIP 4 11 89 283 339 132 118 349 158
Investments 0 17 60 70 12 16 81 182 144
252 306 308 404 339 475 716 745 803
Total Assets 578 658 860 1,146 1,161 1,324 1,651 1,992 2,135

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
69 94 201 139 84 183 109 233 37
-6 -42 -164 -216 -104 -72 -106 -255 -115
-64 -50 -35 58 35 -80 -19 21 48
Net Cash Flow -1 2 2 -19 15 30 -15 -2 -29

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
Debtor Days 42 53 44 51 49 65 67 50 59
Inventory Days 45 47 47 52 42 81 45 34 42
Days Payable 77 83 75 92 89 124 87 76 79
Cash Conversion Cycle 10 17 16 11 3 21 25 8 21
Working Capital Days 8 21 19 20 3 20 34 15 26
ROCE % 34% 45% 29% 5% 29% 33% 21% 5%

Shareholding Pattern

Numbers in percentages

4 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
68.74% 68.74% 68.74% 68.74% 68.73% 68.73% 68.73% 68.73% 68.73% 68.74% 68.74% 68.74%
2.98% 3.02% 3.22% 3.44% 3.45% 3.56% 3.71% 3.81% 3.74% 3.42% 3.00% 2.50%
1.98% 1.87% 1.86% 1.97% 2.05% 2.03% 1.95% 1.69% 1.80% 1.79% 1.79% 2.16%
26.30% 26.38% 26.18% 25.86% 25.75% 25.69% 25.61% 25.78% 25.74% 26.05% 26.47% 26.61%
No. of Shareholders 37,04538,62336,76536,18338,02637,01036,50136,62537,08637,39837,72636,045

* 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

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