IG Petrochemicals Limited

IG Petrochemicals Limited (IGPL) is a micro-cap Chemicals company valued at ₹1,765 crore operating in Commodity Chemicals on the NSE and BSE.

Recent price move

IG Petrochemicals Limited last traded at ₹574.1, modestly down 0.82% on the day.

Recent developments

On 2026-07-30, the company announced a dividend of ₹5.00 per share, effective from the ex-date. Promoter holding remained at 68.74% as of 2026-06-30, while foreign institutional holding decreased by 0.25 percentage points and domestic institutional holding increased by 0.15 percentage points.

Financial performance

The company's business has deteriorated significantly, with annual revenue falling 12.7% and net profit plummeting 98.0%. However, the latest quarter saw a reversal, with revenue rising 31.4% compared to the same quarter a year earlier and net profit swinging from a loss to a profit of ₹66 crore.

Valuation multiples

The stock trades at 797.4 times earnings, 1.28 times book value. It yields 0.9%.

Things to watch

The company's net profit margin has narrowed sharply to 0.1%, down 4.8 percentage points from the prior year. Annual net profit fell 98.0%, and profit growth over the past five years has been negative at -58.8%. The stock is 6.6% below its 52-week high, and the return on equity remains extremely low at 0.2%.

Where it stands

The company's financial performance has been weak, with annual net profit collapsing and margins shrinking. The latest quarter marked a turnaround, but the broader trend shows declining profitability. The stock is currently 6.6% below its 52-week high, and the return on equity remains at 0.2%.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.