I G Petrochems

Why is I G Petrochemicals Ltd falling/rising?

As of 23-Jun, I G Petrochemicals Ltd's stock price is Rs 442.75, down 1.7%, reflecting underperformance against its sector and decreased investor participation. The stock is currently below its 5-day moving average, indicating potential short-term weakness.

As of 23-Jun, I G Petrochemicals Ltd is experiencing a decline in its stock price, currently at Rs 442.75, which reflects a decrease of Rs 7.65 or 1.7%. This downward movement can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has underperformed its sector by 1.16% today, indicating weaker performance relative to its peers. Additionally, the stock reached an intraday low of Rs 440.7, marking a decrease of 2.15% during the trading session. The stock's performance over the past week shows a slight decline of 0.51%, while the benchmark Sensex has also decreased by 0.79%, suggesting a broader market trend but with I G Petrochemicals Ltd lagging behind.<BR><BR>Moreover, there has been a notable drop in investor participation, with the delivery volume on June 22 falling by 0.12% compared to the 5-day average. This decline in trading activity may indicate reduced investor interest or confidence in the stock. Although the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, it is below its 5-day moving average, which could signal short-term weakness.<BR><BR>In summary, the combination of underperformance against the sector, decreased trading volume, and the stock's current position relative to its moving averages contributes to the observed decline in I G Petrochemicals Ltd's stock price.

Which are the latest news on I G Petrochems?

What does I G Petrochems do?

I G Petrochemicals Ltd is a leading Indian producer of Phthalic Anhydride and the sole producer of Maleic Anhydride, with a market cap of INR 1,346 Cr and reported net sales of 524 Cr and net profit of 28 Cr for March 2026. The company operates in the Commodity Chemicals industry and is classified as a Micro Cap.

Overview: <BR>I G Petrochemicals Ltd is a leading producer of Phthalic Anhydride in India, operating in the Commodity Chemicals industry and classified as a Micro Cap company.<BR><BR>History: <BR>I G Petrochemicals Ltd was incorporated in an unspecified year and is recognized as the sole producer of Maleic Anhydride in India. The latest quarterly results reported are for March 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Net Sales: 524 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 28 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 1,346 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 605.00 <BR>Industry P/E: 42 <BR>Dividend Yield: 2.29% <BR>Debt Equity: 0.08 <BR>Return on Equity: 0.17% <BR>Price to Book: 1.01 <BR><BR>Contact Details: <BR>Address: T-10 3rd Floor Jairam Complex, Mala Neugi Nagar Panaji Goa : 403001 <BR>Tel: 91-832-2434973 <BR>Email: igpetro@vsnl.com <BR>Website: http://www.igpetro.com

How big is I G Petrochems?

As of 10th June, I G Petrochemicals Ltd has a market capitalization of 1,346.00 Cr, with net sales of 1,924.98 Cr and a net profit of 2.22 Cr in the latest four quarters.

As of 10th June, I G Petrochemicals Ltd has a market capitalization of 1,346.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, I G Petrochemicals reported net sales of 1,924.98 Cr and a net profit of 2.22 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with shareholder's funds amounting to 1,338.80 Cr and total assets of 2,210.90 Cr.

Who are in the management team of I G Petrochems?

The management team of I G Petrochems includes M M Dhanuka (Chairman), Nikunj Dhanuka (Managing Director & CEO), Rajesh Muni, A K A Rathi, Vaijayanti Pandit (all Independent Directors), J K Saboo (Executive Director), and Sudhir R Singh (Company Secretary & Compliance Officer). They oversee the company's operations and strategic direction.

The management team of I G Petrochems includes the following key members:<BR><BR>1. **M M Dhanuka** - Chairman (Non-Executive)<BR>2. **Nikunj Dhanuka** - Managing Director & CEO<BR>3. **Rajesh Muni** - Independent Director<BR>4. **A K A Rathi** - Independent Director<BR>5. **J K Saboo** - Executive Director<BR>6. **Vaijayanti Pandit** - Independent Director<BR>7. **Sudhir R Singh** - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the I G Petrochems?

I G Petrochems' peers include Grauer & Weil, Chemplast Sanmar, Fischer Medical, and others, with varying management risks and growth rates. Indo Borax & Ch. leads in 1-year returns at 77.84%, while I G Petrochems has a return of -11.96%.

Peers: The peers of I G Petrochems are Grauer & Weil, Chemplast Sanmar, Fischer Medical, Thirumalai Chem., J.G.Chemicals, Indo Borax & Ch., TGV Sraac, Andhra Sugars, and Amines & Plast.<BR><BR>Quality Snapshot: Excellent management risk is observed at Grauer & Weil, J.G.Chemicals, Indo Borax & Ch., and the rest have Average management risk. Good growth is noted at Fischer Medical and J.G.Chemicals, while Average growth is found at Grauer & Weil, Thirumalai Chem., I G Petrochems, Indo Borax & Ch., TGV Sraac, Andhra Sugars, Amines & Plast., and the rest have Below Average growth. Excellent capital structure is present at Grauer & Weil, J.G.Chemicals, I G Petrochems, Indo Borax & Ch., and Andhra Sugars, while Below Average capital structure is found at Chemplast Sanmar, Thirumalai Chem., and the rest have Good capital structure.<BR><BR>Return Snapshot: Indo Borax & Ch. has the highest 1-year return at 77.84%, while Chemplast Sanmar has the lowest at -54.49%. I G Petrochems' 1-year return is -11.96%, which is higher than Chemplast Sanmar but lower than Indo Borax & Ch. Additionally, the peers Chemplast Sanmar, Fischer Medical, Thirumalai Chem., and Sr.Rayala.Hypo have negative six-month returns.

Are I G Petrochemicals Ltd latest results good or bad?

I G Petrochemicals Ltd's latest Q4 FY26 results show a strong recovery with a net profit of ₹28.07 crores and revenue growth, marking a positive turnaround after previous losses. However, the company's earnings volatility and a low return on equity suggest a cautious outlook for sustainability.

I G Petrochemicals Ltd's latest results for Q4 FY26 show a strong recovery compared to previous quarters, indicating a positive turnaround. The company reported a net profit of ₹28.07 crores, a significant improvement from the losses experienced in the prior three quarters. This marks a remarkable recovery, especially as the company had faced cumulative losses in the first nine months of FY26.<BR><BR>Revenue also grew by 12.67% quarter-on-quarter and 9.20% year-on-year, reaching ₹524.27 crores. The operating margin improved to 12.70%, the highest in recent quarters, suggesting better cost management and possibly improved pricing power.<BR><BR>However, while the Q4 performance is encouraging, it is essential to note that the company has experienced considerable earnings volatility, with three consecutive quarterly losses prior to this recovery. This raises questions about the sustainability of the recent turnaround. The return on equity has also dropped significantly to 2.49%, reflecting challenges in maintaining consistent profitability.<BR><BR>In summary, while the latest results are good in terms of recovery and growth, the underlying volatility and previous losses suggest a cautious outlook moving forward. Investors should monitor future performance closely to determine if this positive trend can be sustained.

Should I buy, sell or hold I G Petrochemicals Ltd?

When is the next results date for I G Petrochemicals Ltd?

The next results date for I G Petrochemicals Ltd is 18 May 2026.

The next results date for I G Petrochemicals Ltd is scheduled for 18 May 2026.

Is I G Petrochems overvalued or undervalued?

As of December 4, 2025, I G Petrochems is fairly valued with a PE ratio of 37.76, lower than its expensive peers, but has underperformed the Sensex with a return of -34.70%.

As of 4 December 2025, the valuation grade for I G Petrochems has moved from attractive to fair. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 37.76, an EV to EBITDA of 12.06, and a Price to Book Value of 0.94. <BR><BR>In comparison to its peers, I G Petrochems has a lower PE ratio than Solar Industries, which stands at 88.66, and Gujarat Fluoroch at 54.14, both categorized as very expensive. On the other hand, Godrej Industries, which is rated attractive, has a PE of 35.01. Notably, I G Petrochems has underperformed the Sensex over the past year, with a return of -34.70% compared to the Sensex's 5.32%.

How has been the historical performance of I G Petrochems?

I G Petrochems experienced fluctuating financial performance, with net sales increasing to 2,206.23 Cr in Mar'25 but declining from Mar'23 levels. However, profitability improved significantly, with profit after tax rising to 108.70 Cr and cash flow from operations surging to 260.00 Cr in the latest fiscal year.

Answer:<BR>The historical performance of I G Petrochems shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>I G Petrochems reported net sales of 2,206.23 Cr in Mar'25, an increase from 2,099.07 Cr in Mar'24, but a decline from 2,352.33 Cr in Mar'23. The total operating income followed a similar pattern, reaching 2,206.23 Cr in Mar'25, while total expenditure slightly decreased to 1,987.22 Cr from 1,993.70 Cr in Mar'24. Operating profit (PBDIT) for Mar'25 was 244.62 Cr, a significant rise from 135.93 Cr in Mar'24, although lower than the 339.63 Cr recorded in Mar'23. Profit before tax also improved to 140.56 Cr in Mar'25 from 53.41 Cr in Mar'24, while profit after tax increased to 108.70 Cr from 39.51 Cr in the previous year. The company's total assets grew to 2,210.90 Cr in Mar'25, up from 2,135.01 Cr in Mar'24, with total liabilities also increasing to 2,210.90 Cr from 2,135.01 Cr. Cash flow from operating activities surged to 260.00 Cr in Mar'25, compared to 37.00 Cr in Mar'24, indicating improved operational efficiency. Overall, while I G Petrochems faced challenges in revenue generation, it demonstrated stronger profitability and cash flow management in the latest fiscal year.

Is I G Petrochems technically bullish or bearish?

As of August 25, 2025, I G Petrochems is in a bearish trend with strong negative momentum, as indicated by bearish MACD, Bollinger Bands, and moving averages, despite a mildly bullish signal from Dow Theory.

As of 25 August 2025, the technical trend for I G Petrochems has changed from mildly bearish to bearish. The current stance is bearish with a strong indication of weakness. The weekly and monthly MACD are both bearish, reinforcing the negative momentum. The Bollinger Bands also reflect a bearish outlook on both time frames. Daily moving averages confirm the bearish trend, while the KST shows a mildly bearish signal on the weekly and bearish on the monthly. Although Dow Theory indicates a mildly bullish stance on the monthly, the overall indicators suggest a prevailing bearish sentiment. The stock has underperformed significantly over various time frames, particularly with a year-to-date return of -18.70% compared to the Sensex's 4.48%.

Who are the top shareholders of the I G Petrochems?

The top shareholders of I G Petrochems include Vincent India Limited, which holds 15.4%, and individual investors who own 19.66%. There are also minimal holdings from mutual funds and foreign institutional investors, with no pledged promoter holdings reported.

The top shareholders of I G Petrochems include the promoters, with Vincent India Limited holding the largest stake at 15.4%. Additionally, individual investors collectively own 19.66% of the company. There are also two mutual fund schemes and two foreign institutional investors (FIIs) involved, but their holdings are minimal, at 0.0% and 0.12%, respectively. There are no pledged promoter holdings reported.

Has I G Petrochems declared dividend?

I G Petrochemicals Ltd has declared a 75% dividend, amounting to ₹7.5 per share, with an ex-date of August 29, 2024. While short-term total returns have been negative, the company has shown strong long-term performance with a total return of 256.8% over five years.

I G Petrochemicals Ltd has declared a 75% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 75%<BR>- Amount per share: 7.5<BR>- Ex-date: 29 Aug 24<BR><BR>Dividend Yield: 1.56%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -21.17%, the dividend return was 0%, resulting in a total return of -21.17%.<BR><BR>In the 1-year period, the price return was -1.62%, the dividend return was 1.42%, leading to a total return of -0.2%.<BR><BR>Over the 2-year period, the price return was 2.59%, the dividend return was 3.44%, which culminated in a total return of 6.03%.<BR><BR>In the 3-year period, the price return was -24.64%, the dividend return was 4.78%, resulting in a total return of -19.86%.<BR><BR>For the 4-year period, the price return was -19.06%, the dividend return was 5.67%, leading to a total return of -13.39%.<BR><BR>Finally, in the 5-year period, the price return was 230.42%, the dividend return was 26.38%, resulting in a total return of 256.8%.<BR><BR>Overall, while I G Petrochemicals Ltd has declared a significant dividend, the total returns over shorter periods have been negative, indicating volatility. However, the long-term returns over five years show a substantial positive performance, driven largely by price appreciation.