IGCL Share Price | Indogulf Cropsciences Ltd Stock Analysis & Recommendation

Q: How has been the historical performance of Indogulf Cropsci?

Answer:The historical performance of Indogulf Cropsci shows a positive trend in key financial metrics over the past year.Breakdown:In the fiscal year ending March 2025, Indogulf Cropsci reported net sales of 590.42 crore, an increase from 552.23 crore in March 2024. The total operating income also rose to 590.42 crore, reflecting a similar growth pattern. However, the raw material costs increased significantly to 455.31 crore from 402.67 crore, while the purchase of finished goods decreased slightly. The total expenditure, excluding depreciation, was 526.13 crore, up from 492.82 crore, leading to an operating profit (PBDIT) of 68.34 crore, which was higher than the previous year's 62.96 crore. Profit before tax improved to 44.57 crore from 36.04 crore, resulting in a profit after tax of 31.47 crore compared to 28.23 crore in the prior year. The earnings per share also saw a rise to 6.45 from 6.00. On the balance sheet, total assets increased to 542.25 crore from 517.51 crore, while total liabilities also grew to 542.25 crore from 517.51 crore. The cash flow from operating activities showed a recovery, reaching 53.00 crore, contrasting with a negative cash flow of -57.00 crore in the previous year. Overall, the company demonstrated growth in sales, profits, and cash flow, indicating a strengthening financial position.

Q: Is Indogulf Cropsci overvalued or undervalued?

As of 27 November 2025, the valuation grade for Indogulf Cropsci has moved from attractive to very attractive, indicating a strong improvement in its perceived value. The company is currently considered undervalued. Key ratios include a PE Ratio of 18.08, an EV to EBITDA of 11.72, and a Price to Book Value of 1.28, which suggest that the company is trading at reasonable multiples compared to its earnings and assets.In comparison to its peers, Indogulf Cropsci's PE Ratio of 18.08 is significantly lower than Coromandel International's PE of 32.83, which is classified as very expensive, and Deepak Fertilizers, which has a PE of 17.63 and is rated as attractive. This positions Indogulf Cropsci favorably within the industry, especially given its PEG Ratio of 0.00, indicating potential for growth without the corresponding high valuation. Despite recent stock performance lagging behind the Sensex, with a 1-month return of -17.47% compared to the Sensex's 1.11%, the underlying fundamentals suggest that the stock is an appealing investment opportunity.

Q: Should I buy, sell or hold Indogulf Cropsciences Ltd?

Based on the current analysis of Indogulf Cropsciences Ltd, it would be advisable to sell your shares. The company is facing significant challenges, particularly with a high Debt to EBITDA ratio of 3.16, indicating a low ability to service its debt. Additionally, the recent financial results show a concerning decline in net sales and profit after tax, with net sales falling by 30% and PAT down by 60% compared to previous quarters.Moreover, the long-term growth prospects appear weak, with net sales and operating profit growing at only 7.30% and 9.70% annually over the last five years, respectively. The decrease in institutional investor participation, where they have reduced their stake by 2.05%, further reflects a lack of confidence in the company's future performance.While the valuation may seem attractive with a ROCE of 8.5 and a low enterprise value to capital employed ratio, the negative trends in sales, profits, and investor sentiment suggest that holding or buying more shares could be risky at this time. Therefore, selling would be a prudent choice given the current circumstances.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

5.65 lacs (245.32%) Volume

Shareholding (Mar 2026)

FII

0.24%

Held by 5 FIIs

DII

4.36%

Held by 0 DIIs

Promoter

69.05%

When is the next results date for Indogulf Cropsci?

07-Nov-2025

Indogulf Cropsci will declare its results on 12 November 2025.

View full answer

How has been the historical performance of Indogulf Cropsci?

13-Nov-2025

Indogulf Cropsci has shown positive financial growth, with net sales increasing to 590.42 crore in FY 2025 from 552.23 crore in FY 2024, and profit after tax rising to 31.47 crore from 28.23 crore. The company also improved its cash flow from operating activities to 53.00 crore, indicating a strengthening financial position.

View full answer

Is Indogulf Cropsci overvalued or undervalued?

28-Nov-2025

As of November 27, 2025, Indogulf Cropsci is considered very attractive and undervalued with a PE Ratio of 18.08, significantly lower than its peers, indicating strong growth potential despite recent stock performance lagging behind the Sensex.

View full answer

Should I buy, sell or hold Indogulf Cropsciences Ltd?

20-Apr-2026

Why is Indogulf Cropsciences Ltd falling/rising?

29-May-2026

As of 28-May, Indogulf Cropsciences Ltd's stock price is rising to 62.78, reflecting a 0.3% increase and a total return of 2.08% over the last three days. Increased investor participation and favorable moving averages further support this upward trend.

View full answer

Which are the latest news on Indogulf Cropsci?

29-May-2026

Indogulf Cropsciences Ltd is Rated Sell
Indogulf Cropsciences Ltd is Rated Sell

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Poor long term growth as Net Sales has grown by an annual rate of 7.30% and Operating profit at 9.70% over the last 5 years

Flat results in Mar 26

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Fertilizers

Market cap

INR 380 Cr (Micro Cap)

P/E

9.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.44

Return on Equity

7.09%

Price to Book

0.90

Revenue and Profits:

Net Sales:

151 Cr

(Quarterly Results - Mar 2026)

Net Profit:

12 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-11.76%

6 Months

-34.14%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Indogulf Cropsci for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Indogulf Cropsciences Ltd Reports Flat Quarterly Performance Amid Mixed Financial Trends

Indogulf Cropsciences Ltd has posted a flat financial performance for the quarter ended March 2026, signalling a stabilisation after a period of negative trends. While the company’s profit after tax (PAT) grew by 26.1% compared to the previous four-quarter average, net sales declined by 11.3%, reflecting ongoing challenges in revenue generation within the fertilizers sector.

Read full news article

Indogulf Cropsciences Q4 FY26: Strong Quarter Masked by Volatile Earnings Pattern

Indogulf Cropsciences Ltd. reported net profit of ₹11.61 crores for Q4 FY26, marking a remarkable 200.78% quarter-on-quarter surge from ₹3.86 crores in Q3 FY26, whilst delivering an 18.47% year-on-year improvement from ₹9.80 crores in Q4 FY25. The micro-cap fertiliser company, with a market capitalisation of ₹373.72 crores, saw its stock decline 5.85% to ₹59.11 following the results announcement, extending a troubling six-month decline of 32.98% that has pushed the share price significantly below all major moving averages.

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Indogulf Cropsciences Ltd is Rated Sell

Indogulf Cropsciences Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 20 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 24 May 2026, providing investors with an up-to-date view of the company's fundamentals, returns, and technical outlook.

Read full news article

Announcements

No announcement available

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

7.30%

EBIT Growth (5y)

9.70%

EBIT to Interest (avg)

3.68

Debt to EBITDA (avg)

3.10

Net Debt to Equity (avg)

0.65

Sales to Capital Employed (avg)

1.17

Tax Ratio

24.59%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

4.60%

ROCE (avg)

10.74%

ROE (avg)

13.49%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.83

EV to EBIT

3.31

EV to EBITDA

2.80

EV to Capital Employed

0.74

EV to Sales

0.29

PEG Ratio

Dividend Yield

ROCE (Latest)

22.19%

ROE (Latest)

8.58%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

Mildly Bearish

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 5 FIIs (0.24%)

Promoter with highest holding

Sanjay Aggarwal (20.24%)

Highest Public shareholder

Abakkus Diversified Alpha Fund (4.02%)

Individual Investors Holdings

20.07%

Financial

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Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

150.82

116.10

29.91%

Operating Profit (PBDIT) excl Other Income

20.38

11.71

74.04%

Interest

4.38

4.31

1.62%

Exceptional Items

-0.38

0.16

-337.50%

Consolidate Net Profit

11.61

3.86

200.78%

Operating Profit Margin (Excl OI)

13.51%

10.09%

3.42%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 29.91% vs -53.25% in Dec 2025

Consolidated Net Profit

QoQ Growth in quarter ended Mar 2026 is 200.78% vs -81.34% in Dec 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Change(%)

Net Sales

431.43

Operating Profit (PBDIT) excl Other Income

38.62

Interest

8.14

Exceptional Items

0.37

Standalone Net Profit

22.41

Operating Profit Margin (Excl OI)

8.95%

NA%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'25

Dec'25

Change(%)

Net Sales

540.01

Operating Profit (PBDIT) excl Other Income

50.01

Interest

12.35

Exceptional Items

0.53

Standalone Net Profit

26.52

Operating Profit Margin (Excl OI)

9.26%

NA%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Results

Annual Results Snapshot (Consolidated) - Mar'26

Mar'26

Mar'25

Change(%)

Net Sales

704.63

590.42

19.34%

Operating Profit (PBDIT) excl Other Income

74.01

64.29

15.12%

Interest

17.07

14.52

17.56%

Exceptional Items

0.15

1.35

-88.89%

Consolidate Net Profit

40.03

31.47

27.20%

Operating Profit Margin (Excl OI)

10.50%

10.89%

-0.39%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2026 is 19.34% vs 6.92% in Mar 2025

Consolidated Net Profit

YoY Growth in year ended Mar 2026 is 27.20% vs 11.48% in Mar 2025

All Annual Results

Company CV

About Indogulf Cropsciences Ltd

Indogulf Cropsciences Ltd

Micro Cap

Fertilizers

No Details Available.

Company Coordinates

No Company Details Available