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I G Petrochemicals Ltd (IGPL)

₹585.851.27%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for I G Petrochemicals Ltd. An average target of ₹662

Source: S&P Global Market Intelligence

I G Petrochemicals Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹580
    ₹600.6
  • 52 Week's Low

    52 Week's High

    ₹402.5
    ₹658.9
1 Month Return+ 3.99 %
3 Month Return+ 16.11 %
1 Year Return+ 22.45 %
Previous Close₹593.40
Open₹593.40
Volume77.81K
Upper Circuit-
Lower Circuit-
Market Cap₹1,827.37Cr

Key Statistics

P/E Ratio46.29
PEG Ratio-0.89
Market Cap₹1,827.37 Cr
P/B Ratio1.03
EPS37.94

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Aditya Birla Sun Life Pure Value Fund Direct Plan GrowthAditya Birla Sun Life Pure Value Fund Direct Plan Growth0.5%

Company Information

I G Petrochemicals (IGPL) is a company that was set up in 1988 by Mysore Petrochemicals, in partnership with Lurgi Germany. Led by S S Dhanuka as the Chairman, it raised Rs. 10.61 crores in 1991 by issuing 1.06 crore equity shares of par value at Rs. 10.61 crore, to help finance the construction of a 100 EOU manufacturing plant for Phthalic Anhydride at Taloja, Maharashtra. This is one of India's largest plants for Phthalic Anhydride and is on par with 35,000 TPA plants in the international market. It is mainly used for plasticizers, PVC cables, leather cloth, PVC footwear, alkyd resins, paint industry, varieties of dyes and pigments. The plant was successfully expanded from 45,000 MTPA to 60,000TPA and also an additional 45,000TPA plant was installed. The company was awarded the ISO 9002 Certificate in 1999-2000, however due to a global fall in Pthalic Anhydride prices, the company incurred a heavy loss and has become a Sick unit.

Share Price: ₹585.85 per share as on 19 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,827.37Cr as of today
Revenue: ₹553.98Cr as on March 2024 (Q1 24)
Net Profit: ₹9.04Cr as on March 2024 (Q1 24)
Listing date: 30 Nov, 1994
Chairperson Name: M M Dhanuka
OrganisationI G Petrochemicals Ltd
HeadquartersMumbai
IndustryChemicals
E-voting on sharesClick here to vote

Key events for I G Petrochemicals Ltd

  • I G Petrochemicals Ltd Shares Gain 26% in Last 30 Days - 22 Jun, 2024

    I G Petrochemicals Ltd shares have gained 26% in the last thirty days and 23% over the last twelve months. The company's P/S ratio of 0.9x is lower than the industry average, which could indicate market skepticism about future growth expectations despite impressive revenue growth.

  • I G Petrochemicals Ltd's ROCE Decreases to 5.3% - 12 Jun, 2024

    I G Petrochemicals has a low Return on Capital Employed (ROCE) of 5.3%, which under-performs the Chemicals industry average of 13%. While the stock has gifted long term shareholders an incredible 117% return in the last five years, the trajectory of these underlying trends may not make it a multi-bagger going forward.

Insights on I G Petrochemicals Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, -15.24 Cr → 9.04 Cr (in ₹), with an average increase of 268.6% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 26.06% to 26.47% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 494.65 Cr → 563.24 Cr (in ₹), with an average increase of 12.2% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Solar Industries India Ltd has given 605.8% return, outperforming this stock by 621.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 68.74% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Solar Industries India Ltd has given 205.6% return, outperforming this stock by 183.2%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 3.42% to 3.01% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, IGPL stock has moved down by -15.7%

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹553.98Cr
↑13.51%
Net Income
₹9.04Cr
↓159.32%
Net Profit Margin
1.63%
↓152.24%
2023Y/Y Change
Revenue
₹2,352.33Cr
↑24.94%
Net Income
₹200.02Cr
↓24.38%
Net Profit Margin
8.50%
↓39.50%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,949.42Cr
↑20.75%
Total Liabilities
₹718.78Cr
↑29.90%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹233.63Cr
↑114.38%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
68.74%
0.00
Foreign Institutions
3.01%
0.00
Mutual Funds
1.69%
0.00
Retail Investors
26.47%
0.00
Others
0.1%
0.00

Key Indicators

I G Petrochemicals Ltd Valuation

I G Petrochemicals Ltd in the last 5 years

  • Overview

  • Trends

Lowest (4.90x)

September 4, 2019

Industry (46.05x)

July 18, 2024

Today (46.29x)

July 18, 2024

Highest (71.82x)

September 29, 2020

LowHigh

Earnings and Dividends

  • I G Petrochemicals Ltd Earnings Results

    I G Petrochemicals Ltd’s net profit fell -76.3% since last year same period to ₹9.04Cr in the Q4 2023-2024. On a quarterly growth basis, I G Petrochemicals Ltd has generated 159.32% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • I G Petrochemicals Ltd Dividends May,2023

    In the quarter ending March 2023, I G Petrochemicals Ltd has declared dividend of ₹10 - translating a dividend yield of 3.37%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

I G Petrochemicals Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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I G Petrochemicals Ltd (IGPL) share price today is ₹585.85

I G Petrochemicals Ltd is listed on NSE

I G Petrochemicals Ltd is listed on BSE

  • Today’s highest price of I G Petrochemicals Ltd is ₹600.6.
  • Today’s lowest price of I G Petrochemicals Ltd is ₹580.

PE Ratio of I G Petrochemicals Ltd is 46.29

PE ratio = I G Petrochemicals Ltd Market price per share / I G Petrochemicals Ltd Earnings per share

Today’s traded volume of I G Petrochemicals Ltd(IGPL) is 77.81K.

Today’s market capitalisation of I G Petrochemicals Ltd(IGPL) is ₹1827.37Cr.

I G Petrochemicals Ltd(IGPLPrice
52 Week High
₹658.9
52 Week Low
₹402.5

I G Petrochemicals Ltd(IGPL) share price is ₹585.85. It is down -11.09% from its 52 Week High price of ₹658.9

I G Petrochemicals Ltd(IGPL) share price is ₹585.85. It is up 45.55% from its 52 Week Low price of ₹402.5

I G Petrochemicals Ltd(IGPLReturns
1 Day Returns
-7.55%
1 Month Returns
3.99%
3 Month Returns
16.11%
1 Year Returns
22.45%