Indo Gulf Inds.
- Market cap
- ₹ 3 Cr.
- P/E
- 0.4x
- 52-week range
- 2.25 – 3.27
- ROE
- −6%
- ROCE
- 4%
- Sector
- Chemicals & Petrochemicals
- Industry
- Specialty Chemicals
- Listed on
- BSE
About
Indo Gulf Industries Limited is an India-based company, which is engaged in the business of manufacturing industrial explosives. The Company's principal activities are manufacturing of explosives, ammunitions and fireworks. The Company's factories include explosive division and site mixing slurries (SMS) division. Its products include Large Dia Explosives, Small Dia Explosives, Indo Cord, Indo Boost and PETN. Its Large Dia Explosive products include Indo Gulf Super prime, Indo Gulf Super Gel, IGIL Prime and NCN 400. The Company's Small Dia Explosive products include Indo superpower 90, which comes in various cartridge diameters such as 25mm, 32mm and 40mm. The Company manufactures Indo Cord in a range of core loads of 5 gm/m to 80 gm/m, which are strong, flexible and light weight, comprising an explosive core of PETN contained within a spiral of tape, plastic sheathing and natural or synthetic fibers and over extruded with PVC to provide abrasive resistance and waterproofness.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Specialty Chemicals: 130 companies →Indo Gulf Inds. 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)0.4 against a typical 25.8: cheaper than most peers (1st = cheapest).1st of 129
- Sales growth−34.7% against a typical +25.9% from a year earlier.109th of 112
- Profit growth−336.5% against a typical +42.4% from a year earlier.102nd of 102
- Size₹ 3.1 Cr. market value against a typical ₹ 359.6 Cr. (1st = largest).125th of 126
Financials
Standalone 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 | 33 | 38 | 55 | 63 | 52 | 61 | 71 | 70 | 47 | 48 | 54 | 46 |
| Expenses | 31 | 39 | 55 | 59 | 49 | 58 | 71 | 66 | 46 | 52 | 51 | 46 |
| Operating Profit | 2 | −1 | 1 | 4 | 3 | 4 | 1 | 3 | 1 | −4 | 3 | −0 |
| OPM % | 5.3% | −1.5% | 0.9% | 6.9% | 5.7% | 5.8% | 1.2% | 5% | 2.8% | −8.6% | 5.8% | −0.2% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | −1 | 0 | 4 | 3 | 3 | −0 | 3 | 1 | −5 | 1 | −2 |
| Tax % | 99.2% | −25% | −822.2% | 28.5% | 32.4% | 25.2% | −46% | 62.7% | −3% | −25.2% | 25.5% | 0% |
| Net Profit | 0 | −1 | 1 | 3 | 2 | 2 | −0 | 1 | 1 | −4 | 1 | −2 |
| EPS in Rs | 0.01 | −0.77 | 0.87 | 2.85 | 1.81 | 2.36 | −0.2 | 1.09 | 0.7 | −3.78 | 1.14 | −2.57 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 25%
- 3 Years
- 2%
- TTM
- −23%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- −189%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 32%
- 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.
| Indo Gulf Inds. | ₹ 3.27 | ₹ 3 Cr. | 0.4x | — | −6% | — |
| Asian Paints | ₹ 2,345.00 | ₹ 2,24,932 Cr. | 51.2x | 10.6x | — | 13% |
| Solar Industries India | ₹ 19,894.45 | ₹ 1,80,025 Cr. | 103x | 28.9x | — | 18.1% |
| Pidilite Industries | ₹ 1,480.15 | ₹ 1,50,759 Cr. | 61.6x | 14x | — | 17.4% |
| SRF | ₹ 2,513.60 | ₹ 74,509 Cr. | 38.1x | 5.2x | — | 12.7% |
| Berger Paints India | ₹ 471.15 | ₹ 54,936 Cr. | 46.8x | 7.8x | — | 9.9% |
Management
- Sanjay Kumar Agarwal
- Chief Executive Officer
- B.D. Agarwal
- Chief Financial Officer
- Priya Choudhary
- Compliance Officer, Company Secretary
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