IGC Industries

Why is IGC Industries Ltd falling/rising?

As of 12-Jul, IGC Industries Ltd's stock price is 2.25, down 0.44% today and 5.86% year-to-date, with a significant annual decline of 49.55%. Despite a recent increase in delivery volume, the stock remains below key moving averages, indicating a bearish trend.

As of 12-Jul, IGC Industries Ltd's stock price is currently at 2.25, reflecting a decrease of 0.01 or 0.44%. The stock has underperformed its sector today by 2.39%. Over the past week, however, it has shown a slight increase of 1.35%, while it has declined by 3.85% over the past month. Year-to-date, the stock is down 5.86%, and over the last year, it has experienced a significant drop of 49.55%. <BR><BR>Despite the recent rise in investor participation, with delivery volume increasing by 266.67% against the 5-day average, the stock remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the longer term. Additionally, the stock's performance compared to the benchmark Sensex shows that while the Sensex has gained 4.85% in the last month, IGC Industries Ltd has seen a decline, contributing to the overall negative sentiment surrounding the stock.

Which are the latest news on IGC Industries?

What does IGC Industries do?

IGC Industries Ltd, a micro-cap company in the Trading & Distributors industry, was incorporated in 1980 and reported a net profit of -3 Cr for March 2026, with a market cap of INR 8 Cr. The company has a P/E ratio of 84.00 and no dividend yield.

Overview: <BR>IGC Industries Ltd operates in the Trading & Distributors industry and is classified as a micro-cap company.<BR><BR>History: <BR>The company was incorporated in 1980 as Maxwell Traders and Exporters Limited. It underwent several name changes, becoming IGC Foils Limited in 1998 and finally IGC Industries Limited in September 2016. The latest quarterly results reported are for March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: -3 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 8 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 84.00 <BR>Industry P/E: 13 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: -0.14% <BR>Price-to-Book: 0.19 <BR><BR>Contact Details: <BR>Address: Imax Lohia Square Office No 4B, 4th Flr Gangadhar Babu Lane Kolkata West Bengal : 700012 <BR>Tel: 91-22-28020017/18 <BR>Email: igcfoils@gmail.com <BR>Website: http://www.igcindustriesltd.com

How big is IGC Industries?

As of 10th June, IGC Industries Ltd has a market capitalization of 8.00 Cr, with net sales of 0.00 Cr and a net loss of 2.93 Cr in the latest four quarters. Shareholder's funds are 42.68 Cr, and total assets amount to 54.54 Cr as of March 2025.

As of 10th June, IGC Industries Ltd has a market capitalization of 8.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, IGC Industries reported net sales of 0.00 Cr and a net loss of 2.93 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with shareholder's funds amounting to 42.68 Cr and total assets of 54.54 Cr.

Who are in the management team of IGC Industries?

The management team of IGC Industries includes Prachi Marwah (Managing Director & CFO), Jayalal Pathak (Independent Director), Vishal Sonawane (Independent Director), and Vinod Kacharu Mokal (Independent Director).

The management team of IGC Industries includes the following individuals:<BR><BR>- **Prachi Marwah** serves as the Managing Director & CFO.<BR>- **Jayalal Pathak** is an Independent Director.<BR>- **Vishal Sonawane** also holds the position of Independent Director.<BR>- **Vinod Kacharu Mokal** is another Independent Director on the board.<BR><BR>If you need more details about their roles or the company's activities, feel free to ask!

Who are the peers of the IGC Industries?

IGC Industries' peers include Sh. Ganesh Elas., VK Global, Sirohia & Sons, Priya, Devine Impex, Risa International, Nouveau Global, and Dhyaani Trade. IGC Industries has Below Average management risk and a 1-year return of -54.03%, higher than Dhyaani Trade but lower than most peers.

Peers: The peers of IGC Industries are Sh. Ganesh Elas., VK Global, Sirohia & Sons, Priya, Devine Impex, Risa Internatio., Nouveau Global, and Dhyaani Trade.<BR><BR>Quality Snapshot: Average management risk is observed at Sh. Ganesh Elas., Devine Impex, VK Global, and Dhyaani Trade, while Below Average management risk is found at IGC Industries. Growth ratings show that Sh. Ganesh Elas. has Below Average growth, while IGC Industries, VK Global, and Devine Impex also fall into the Below Average category, with Sirohia & Sons and Priya not qualifying. In terms of Capital Structure, Good ratings are seen at Sh. Ganesh Elas. and Devine Impex, while IGC Industries, VK Global, and Dhyaani Trade have Below Average ratings, and the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Shiva Suitings at 125.41%, while the lowest is Dhyaani Trade at -63.19%. IGC Industries has a 1-year return of -54.03%, which is higher than Dhyaani Trade's but lower than most others. Additionally, several peers, including VK Global, Devine Impex, and Dhyaani Trade, have negative six-month returns.

Are IGC Industries Ltd latest results good or bad?

IGC Industries Ltd's latest results are concerning, showing a net loss of ₹2.64 crore for Q4 FY26 and zero net sales for three consecutive quarters, indicating operational shutdown. The company is classified as a "Strong Sell" with a low Mojo Score of 9 out of 100, suggesting a bleak outlook for investors.

IGC Industries Ltd's latest results are quite concerning. For Q4 FY26, the company reported a net loss of ₹2.64 crore, a significant decline from a profit of ₹0.02 crore in the same quarter last year. This marks a troubling trend, as the company has generated zero net sales for three consecutive quarters, indicating a complete operational shutdown.<BR><BR>The return on equity (ROE) is deeply negative at -0.14%, reflecting poor capital efficiency and ongoing challenges in managing costs despite having no revenue. Additionally, the stock has underperformed dramatically, declining 58.50% over the past year, while the broader market (Sensex) only fell by 6.58%.<BR><BR>Overall, the financial performance suggests serious operational issues, and the company is classified as a "Strong Sell" with a very low Mojo Score of 9 out of 100. Investors should be cautious, as the outlook appears bleak with no immediate signs of recovery or revenue generation.

Should I buy, sell or hold IGC Industries Ltd?

When is the next results date for IGC Industries Ltd?

The next results date for IGC Industries Ltd is 21 May 2026.

The next results date for IGC Industries Ltd is scheduled for 21 May 2026.

How has been the historical performance of IGC Industries?

IGC Industries has experienced significant fluctuations in financial performance, with a recent increase in sales to 1.99 Cr in March 2025, but ongoing losses and rising liabilities, resulting in negative operating profit and cash flow. The company has struggled with profitability since 2019, reflecting a troubling financial trend.

Answer:<BR>The historical performance of IGC Industries shows significant fluctuations in financial metrics over the years, with a notable decline in revenue and profitability.<BR><BR>Breakdown:<BR>IGC Industries reported net sales of 1.99 Cr in March 2025, a substantial increase from previous years where sales were either negligible or non-existent, such as 0.00 Cr in March 2024 and March 2023. However, this is a stark contrast to the peak sales of 49.22 Cr in March 2018. The total operating income followed a similar trend, reaching 1.99 Cr in March 2025, compared to 0.00 Cr in the two preceding years. Despite this modest revenue, the company faced total expenditures of 2.05 Cr in March 2025, leading to an operating profit (PBDIT) of -0.06 Cr, indicating ongoing losses that have persisted since March 2019, where the profit was 0.25 Cr. The profit after tax also remained negative at -0.06 Cr in March 2025, reflecting a consistent decline from a profit of 0.01 Cr in March 2019 and 0.03 Cr in March 2018. The company's total liabilities surged to 54.54 Cr in March 2025, up from 10.43 Cr in March 2024, while total assets also increased to 54.54 Cr, indicating a growing financial burden. Cash flow from operating activities showed a significant outflow of -21.00 Cr in March 2025, further emphasizing the company's financial challenges. Overall, IGC Industries has experienced a troubling trend of declining profitability and increasing liabilities, despite a recent uptick in sales.

Who are the top shareholders of the IGC Industries?

The top shareholders of IGC Industries include individual investors with 70.3% of shares, Vardip Globstrat Trading Private Limited holding 10.19%, and one foreign institutional investor with 1.4%. Notably, Disha Abhishek Mehta is the promoter with the highest holding, listed at 0.0%, and there are no pledged promoter holdings or mutual funds involved.

The top shareholders of IGC Industries include individual investors, who hold a significant 70.3% of the shares. The highest public shareholder is Vardip Globstrat Trading Private Limited, with a stake of 10.19%. Additionally, there is one foreign institutional investor (FII) that holds 1.4% of the shares. The promoter with the highest holding is Disha Abhishek Mehta, although her stake is listed as 0.0%. There are no pledged promoter holdings and no mutual funds currently holding shares in the company.

Is IGC Industries overvalued or undervalued?

As of April 25, 2023, IGC Industries is classified as "risky" and overvalued with a negative PE ratio of -18.19 and negative ROCE of -39.00%, significantly underperforming against peers like Hindalco and National Aluminium, and the Sensex, with a year-to-date return of -46.61%.

As of 25 April 2023, IGC Industries has moved from a grade of "does not qualify" to "risky." The company is currently overvalued, as indicated by its negative PE ratio of -18.19 and a negative ROCE of -39.00%. Additionally, the EV to EBITDA ratio stands at -17.79, reflecting significant operational challenges. <BR><BR>In comparison to its peers, IGC Industries' valuation contrasts sharply with Hindalco Industries Ltd., which has a PE ratio of 8.8 and an EV to EBITDA of 5.93, categorizing it as "very attractive." National Aluminium Co. Ltd. also presents a more favorable valuation with a PE of 6.57 and an EV to EBITDA of 4.05, marking it as "attractive." Furthermore, IGC Industries has underperformed significantly against the Sensex, with a year-to-date return of -46.61% compared to the Sensex's 5.60%.

What is the technical trend for IGC Industries?

As of June 6, 2025, IGC Industries shows a mildly bearish trend with daily moving averages indicating bearish momentum, while weekly indicators suggest short-term strength, resulting in mixed signals and a prevailing bearish outlook in longer time frames.

As of 6 June 2025, the technical trend for IGC Industries has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum, while the weekly MACD and KST show mildly bullish signals, suggesting some short-term strength. The weekly RSI is bullish, but the monthly indicators, including MACD and Bollinger Bands, remain bearish. Overall, the mixed signals indicate a lack of strong conviction in either direction, with the bearish trend prevailing in the longer time frames.

Has IGC Industries declared dividend?

No Dividend History Available