IG Petrochemicals Ltd

500199

Summary

Fair Value Assessment
Undervalued (16% Discount)
Fair ValueQ520.50UncertaintyHigh
Close Price435.40Feb 27, 2025
Previous Close
435.40
Day Range
433.25 – 442.00
Year Range
406.65 – 725.60
Bid / Ask
435.00 × 438
Market Cap
13.4 Bil
Volume / Average
606.0 / 2.6 k
Beta (5-Year)
1.75
Shares Outstanding
30.79 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
IG Petrochemicals Ltd is engaged in the manufacture and sale of organic chemicals. The company produces Phthalic Anhydride, Maleic Anhydride, and Benzoic Acid. Phthalic Anhydride is used for the manufacture of polyvinyl chloride products for manufacturing a range of consumer care, personal care, and home care products like shoes, pipes and hoses, boxes, containers, packaging films, medical and surgical equipment, and others. Geographically, the firm has a presence in both the Indian and international markets of which the Indian region accounts for the majority of revenue.
Contact
214, Nariman Point, Free Press Journal Marg 401- 404, Raheja Centre, Mumbai, MH 400021
T +91 2240586100
www.igpetro.com opens in a new tab
Sector
Basic Materials
Industry
Chemicals
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
862

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
22.75 20.94 23.49 18.80 11.21 10.52
Revenue Growth %
5.98% -10.86% 24.95% 67.72% 6.61% -19.05%
Gross Profit
4.62 3.44 5.49 6.26 4.60 2.26
Gross Profit Margin %
18.31% 16.43% 23.38% 33.27% 41.00% 21.44%
Operating Income
1.35 0.54 2.74 3.58 2.62 0.46
Operating Margin %
3.89% 2.58% 11.67% 19.06% 23.40% 4.34%
EBIT
0.92 0.62 2.78 3.59 2.61 0.40
EBIT Margin %
4.19% 2.97% 11.81% 19.09% 23.24% 3.84%
EBITDA
1.52 1.14 3.25 4.03 2.95 0.70
EBITDA Margin %
6.90% 5.46% 13.83% 21.45% 26.28% 6.68%
Net Income
0.99 0.40 2.00 2.65 1.88 0.21
Net Profit Margin %
2.49% 1.89% 8.51% 14.07% 16.78% 1.99%
Basic EPS
32.07 12.83 64.94 85.89 61.08 6.78
Diluted EPS
32.07 12.83 64.94 85.89 61.08 6.78
Normalized EPS
Total Dividends per Share
7.50 10.00 10.00 7.50 2.00 4.00
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
22.37 21.35 19.92 16.51 13.24 11.61
Total Liabilities
9.43 8.88 7.57 5.89 5.02 5.29
Total Debt
4.08 3.68 2.54 1.73 1.65 2.32
Total Equity
12.94 12.47 12.35 10.62 8.22 6.33
Cash And Cash Equivalents
0.04 0.10 0.24 0.26 0.35 0.08
Working Capital
3.15 2.85 3.17 3.19 1.08 0.31
Shares Outstanding (Bil)
0.03 0.03
Book Value Per Share
404.91 401.01 344.90 266.93 205.46
Total Debt To Equity
0.32 0.29 0.21 0.16 0.20 0.37
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
-0.20 0.37 2.33 1.57 1.83 0.84
Cash From Investing Activities
-0.28 -1.15 -2.55 -1.58 -0.72 -1.04
Cash From Financing Activities
-0.44 0.48 0.21 -0.14 -0.80 0.35
Capital Expenditures
1.74 2.40 0.99 0.71 1.68
Free Cash Flow
-0.94 -0.03 2.13 1.55 -1.17
Change in Cash
-0.92 -0.29 -0.02 -0.15 0.30 0.15

Profile

There is no Key Executive Team data available.
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
Aditya BSL Pure Value Gr 1.09 0.25 337,126
-56,190
14.29%
Jan 31, 2025
Tata PMS ACT Investment Approach Not Rated 0.26 3.05 78,760
78,760
––
Apr 30, 2024
DFA Emerging Markets Core Equity I 0.20 0.00 61,863
Dec 31, 2024
Avantis Emerging Markets Equity ETF 0.03 0.00 7,893
Jan 31, 2025
Dimensional Emerging Mkts Val EUR Acc 0.02 0.00 7,644
Dec 31, 2024
Total (for Top 5) 1.60 493,286
22,570

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