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I G Petrochemicals Ltd share Price Today

Company details

580.00
600.60
402.50
658.90
6M Return 18.31%
1Y Return 16.54%
Mkt Cap.(Cr) 1,804.13
Volume 77,806
Div Yield 1.28%
OI
-
OI Chg %
-
Volume 77,806

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I G Petrochemicals announced Q1FY23 Result :

  • Strong Business momentum continued for the Q1FY23 led by robust demand for Phthalic Anhydride & Maleic Anhydride
  • Diethyl Phthalate (New downstream product i.e. Advance Plasticizer) has started contributing to the total revenue meaningfully
  • Revenue contribution from Non-Phthalic business stood Rs. 48 Crores for Q1FY23
  • Brownfield Expansion of Phthalic Anhydride (PA-5 unit) is on track and is expected to commence in March 2024

 

Result PDF

View Other Company Results

I G Petrochemicals Ltd shares SWOT Analysis

Strengths (4)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt
  • Book Value per share Improving for last 2 years

Weakness (10)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (2)

  • Turnaround companies- loss to profit QoQ
  • Negative to Positive growth in Sales and Profit with Strong Price momentum

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 597.6
R2 609.4
R3 618.2
Pivot

588.82

S1 577.0
S2 568.2
S3 556.4
EMA SMA
596.6
563.9
533.7
512.7
610.4
548.4
512.5
497.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SHEKHAVATI INVESTMENT CORPORATION LIMITED Bulk Purchase 2023-06-28 487.5 470903 BSE
KAMRUP ENTERPRISES LTD Bulk Sell 2023-06-28 487.5 374526 BSE
SHEKHAVATI INVESTMENT CORPORATION LIMITED Block Purchase 2023-06-28 487.5 374526 BSE
Name Category Shares
MAYANK DHANUKA PROMOTER 1.27%
VINCENT INDIA LIMITED PROMOTER 15.4%
MYSORE PETRO CHEMICALS LIMITED PROMOTER 13.23%
SHEKHAVATI INVESTMENT CORPORATION LIMITED PROMOTER 11.6%
KAMRUP ENTERPRISES LIMITED PROMOTER 9.57%
GEMBEL TRADE ENTERPRISES PRIVATE LIMITED PROMOTER 7.57%
SAVITA INVESTMENT COMPANY LTD PROMOTER 6.6%
BIHARIJI CONSTRUCTIONS (INDIA) LIMITED PROMOTER 1.79%
SHOGUN VINIMAY (P) LTD PROMOTER 1.2%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

I G Petrochemicals Ltd Stocks COMPARISON

Financials( in Cr) I G Petrochemicals Ltd Pidilite Industries Ltd Linde India Ltd SRF Ltd Deepak Nitrite Ltd
Price 585.85 3,134.75 8,144.40 2,342.60 2,792.75
% Change -2.89 -0.85 -6.18 -2.39 2.49
Mcap Cr 1,804.13 159,436.21 69,458.70 69,440.52 38,091.16
Revenue TTM Cr 2,352.33 12,382.99 2,768.67 13,138.52 7,681.83
Net Profit TTM Cr 200.02 1,747.42 434.09 1,335.71 810.89
PE TTM 45.62 89.41 161.56 52.10 52.08
1 Year Return 16.54 20.76 89.11 7.08 40.56
ROCE 21.39 29.30 17.04 12.52 21.56
ROE 17.42 22.37 13.14 12.25 16.38
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,234.90 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 9,613.00 45,166.00
LAST 3M 98,140.76 59,688.15
LAST 6M 181,004.26 50,573.11
LAST 12M 306,939.06 86,273.69
IG Petrochemicals Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jul 19, 2024 l NSE Announcement

IG Petrochemicals to convene board meeting

Jul 18, 2024 l BSE Announcement

IG Petrochemicals Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jul 18, 2024 l NSE Announcement

Date Action Type Ratio
Aug 17, 2023 Dividend 100
Aug 02, 2022 Dividend 100

I G Petrochemicals Ltd Information

Stock PE (TTM)
45.62
Promoter Holding
68.74%
Book Value
404.9102
ROCE
21.39%
ROE
17.42%
Description
  • I G Petrochemicals (IGPL) is a petrochemical industry manufacturing Phthalic Anhydride (PA). It is an organic chemical manufactured from Orthoxylene (OX). It mainly caters to the needs of the Phthalate Plasticizers, Paints, PVC Compounds, Dyes and Pigments, Unsaturated Polyester Resins, Alkyd Resins etc. I G Petrochemicals Ltd., the flagship company of the Dhanuka Group, is the manufacturer of Phthalic Anhydride (PAN) with a capacity of 1,16,110 MT per annum, which is one among the largest plants in the world. The Company earlier was a 100% Export Oriented Unit (EOU) and got converted into Domestic Tariff Area (DTA) Unit from 6th November 2008. It was promoted by Mysore Petrochemicals (MPCL) together with its associate companies in technical and financial collaboration with Lurgi, Germany. IGPL came out with a public issue of 1.06 cr equity shares at par aggregating Rs 10.61 cr in Sep`91. The proceeds of the issue were utilised to part-finance a Rs 61.85-cr 100% EOU for the manufacture of phthalic anhydride with a licensed capacity of 45,000 tpa. The plant is located at Taloja in Maharashtra This is the largest plant for phthalic anhydride in India and compares favourably with international plant sizes of 35,000 tpa. Phthalic anhydride is one of the important industrial chemical which finds application in the manufacture of plasticisers for PVC cables, leather cloth, PVC footwear, etc. It is also used for manufacturing alkyd resins in the paint industry and the production of certain varieties of dyes and pigments. The first phase of expansion of Phthalic Anhydride plant in the existing plant at Taloja from 45000 to 60000 tpa was completed and the second phase of expansion i.e installation of new Phthalic Anhydride plant of 45000 tpa capacity was completed and trial run production was commenced. The company was awarded the ISO 9002 Certificate by Bureau Veritas Quality International (Holding) S.A. London, in the year 1999-2000. Due to fall in price of Pthalic Anhydride in the international market the company incurred a heavy loss in 2001-02 and hence the networth has been eroded and the company has become a Sick unit. The Company started power generation since 19th March 2008. It finalized for expansion capacity of Phthalic Anhydride (PA) by 50000 MT thereby increasing its installed capacity from 116000 MT to 166000 MT per annum at an estimated cost of Rs 225 crores in 2010-11. The Company`s expansion project of 50,000 MT got completed during the year and commercial production commenced during September 2013. During the year 2016, the Company formed a wholly owned subsidiary (WOS) namely IGPL (FZE) with Sharjah Airport International Free Zone Authority, UAE to manufacture Maleic Anhydride (MA) through Joint Venture. It acquired the Maleic Anhydride Business from Mysore Petro Chemicals Limited situated at Taloja in Raigad Dist. Maharashtra as a going concern on Slump sale basis with effect from 1st April, 2017 for consideration of Rs 74.48 crores during year 2016-17. It commissioned Phthalic Anhydride (PA- 4) plant with an additional capacity of 53,000 MTPA in December, 2020. Further, it commissioned and introduced the downstream product i.e. Advance Plasticizers with a capacity of 8,400 MTPA.

Registered Address

T-10 3rd Floor Jairam Complex, Mala Neugi Nagar, Panaji, Goa, 403001

Tel : 91-832-2434973
Email : igpl:igpetro.com
Website : http://www.igpetro.com
Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500199
NSE Code : IGPL
Book Closure Date (Month) : Aug
BSE Group : B
ISIN : INE204A01010

FAQ’s on I G Petrochemicals Ltd Shares

You can buy I G Petrochemicals Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy I G Petrochemicals Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 19, 2024 03:53 PM the closing price of I G Petrochemicals Ltd was Rs.585.85.

The latest PE ratio of I G Petrochemicals Ltd as of Jul 19, 2024 03:53 PM is 45.62

The latest PB ratio of I G Petrochemicals Ltd as of Jul 19, 2024 03:53 PM is 0.69

The 52-week high of I G Petrochemicals Ltd share price is Rs. 658.90 while the 52-week low is Rs. 402.50

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 19, 2024 03:53 PM, the market cap of I G Petrochemicals Ltd stood at Rs. 1,804.13 Cr.

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