IG Petrochemicals Ltd
- P/E
- 19.9x
- 52-week range
- 315 – 609.9
- ROE
- 0%
- ROCE
- 3%
- Sector
- Chemicals & Petrochemicals
- Industry
- Commodity Chemicals
- Listed on
- NSE, BSE
About
I G Petrochemicals Limited specializes in the production of chemicals, such as phthalic anhydride, maleic anhydride, benzoic acid and di-ethyl phthalate. Phthalic Anhydride is used in manufacturing plasticizers, which are essential in making PVC products, shoe soles, cables, pipes and hoses, leather cloth, films for packaging and other products. Maleic Anhydride is used in the manufacturing of unsaturated polyester resin, spandex, lubricating oil additives, personal care products detergents, insecticides and fungicides and water treatment. Benzoic Acid is used in perfumes, paints, dyes and plastics, and the manufacture of unsaturated polyester resin. Advance Plasticizers are used as a plasticizer in consumer goods, including plastic packaging films, in cosmetics formulation, solvent for fragrances, a surface lubricant in food and pharmaceutical packaging, and in tubes used for medical purposes. Its subsidiaries include IGPL International Ltd., IGPL Energy Ltd and IG Biofuels Ltd.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Commodity Chemicals: 75 companies →IG Petrochemicals Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)19.9 against a typical 22.7: cheaper than most peers (1st = cheapest).29th of 72
- Sales growth+31.5% against a typical +12.7% from a year earlier.20th of 65
- Share price, 3 months+13.5% against a typical −2.2%.10th of 65
Latest announcements
Exchange filings and their impact on the company.
- IG Petrochemicals' President - New Business Initiatives resigned effective 6 Oct 2026 with no stated business impact.
IG Petrochemicals informed the exchanges that Shri Sanjay Gupta, President - New Business Initiatives and designated Senior Management Personnel, has resigned effective close of business on 6th October 2026. The company filed the disclosure under SEBI Regulation 30 with the resignation letter enclosed. No reason, financial impact or successor was disclosed, and core operations are unaffected.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by India Ratings- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND AA-; IND A1+ | Stable | 14 Oct 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 14 Oct 2025 | Reaffirmed | IND AA- | — | India Ratings | ₹ 1,341.22 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 18 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 11 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 3 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 11 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 19 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and recommend dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 502 | 488 | 554 | 585 | 583 | 558 | 480 | 470 | 465 | 465 | 524 | 618 |
| Expenses | 476 | 494 | 528 | 523 | 520 | 511 | 433 | 471 | 445 | 457 | 458 | 506 |
| Operating Profit | 26 | −6 | 26 | 62 | 63 | 47 | 47 | −1 | 20 | 8 | 67 | 112 |
| OPM % | 5% | −1.2% | 4.7% | 11% | 11% | 8% | 10% | −0.1% | 4.3% | 1.8% | 13% | 18% |
| Other Income | 7 | 7 | 9 | 9 | 4 | 8 | 5 | 10 | 6 | 5 | 5 | 7 |
| Interest | 7 | 8 | 9 | 9 | 16 | 3 | 11 | 9 | 11 | 10 | 11 | 11 |
| Depreciation | 13 | 12 | 15 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 20 | 18 |
| Profit before tax | 14 | −20 | 11 | 45 | 34 | 36 | 25 | −16 | −1 | −13 | 40 | 90 |
| Tax % | 28% | −24% | 20% | 23% | 24% | 21% | 23% | −17% | 42% | −16% | 30% | 26% |
| Net Profit | 10 | −15 | 9 | 35 | 26 | 29 | 19 | −13 | −2 | −11 | 28 | 66 |
| EPS in Rs | 3.27 | −4.95 | 2.94 | 11.37 | 8.5 | 9.27 | 6.16 | −4.22 | −0.65 | −3.53 | 9.12 | 21.58 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 7%
- 5 Years
- 11%
- 3 Years
- −6%
- TTM
- −1%
- 10 Years
- −28%
- 5 Years
- −59%
- 3 Years
- −78%
- TTM
- 35%
- 10 Years
- 11%
- 5 Years
- −3%
- 3 Years
- 1%
- TTM
- —
- 10 Years
- 14%
- 5 Years
- 10%
- 3 Years
- 4%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| IG Petrochemicals Ltd | ₹ 526.20 | — | 19.9x | — | 0% | — |
| Gujarat Fluorochemicals | ₹ 4,241.25 | ₹ 47,986 Cr. | 88.7x | 6.7x | 0% | 0% |
| DCM Shriram | ₹ 962.10 | ₹ 14,996 Cr. | 17.5x | 2x | 0% | 0% |
| Supreme Petrochem | ₹ 710.10 | ₹ 13,338 Cr. | 45.7x | 6.5x | 0% | 0% |
| Shaily Engineering Plastics | ₹ 2,953.20 | ₹ 13,594 Cr. | 89.1x | 21x | 0% | 0% |
| Kama Holdings | ₹ 2,120.00 | ₹ 6,803 Cr. | 7.2x | 0.9x | 0% | 0% |
Management
- Nikunj Dhanuka
- Chairman of the Board, Managing Director
- Mayank Dhanuka
- Chief Executive Officer, Executive Director
- Pramod Bhandari
- Chief Financial Officer
- Sudhir Ramdhani Singh
- Compliance Officer, Company Secretary
- Sagar Jadhav
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.