IG Petrochemicals Ltd.
Snapshot View

713.80 -12.10 ▼-1.7%

05 August 2021, 04:00:00 P.M.
Volume: 13,647

Overview View Details

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Industry Chemicals Compare with Industry peers
Website http://www.igpetro.com
Financial Indicators
Market Cap 2,203.99 Cr.
Earnings per share (EPS) 61.08 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 11.72 Trailing Twelve Months Ending 2021-03
Industry PE 46.88 Trailing Twelve Months Ending 2021-03
Book Value / Share 266.93 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.68 Calculated using Price: 715.70
Dividend Yield 1.05 Period Ending 2021-03
No. of Shares Subscribed 3.08 Cr. 30,794,850 Shares
FaceValue 10
Company Profile

Incorporated in the year 1988, IG Petrochemicals (IGPL) has relentlessly marched towards achieving its goals and objectives.

Adherence to international standards while producing Phthalic Anhydride and persistent stress on quality has made them a respected name in international markets. Strict quality control standards are its hallmark.

IGPL’s manufacturing plant is located at Taloja in Maharashtra. This is the largest plant for phthalic anhydride in India and is comparable to the international plant sizes of 35,000 tpa.

The company enhanced its production capacity from 45,000 MTPA to 1,10,000 MTPA to tap growing national and export markets. It constantly strives to grow and expand as an organization, setting new standards. They are Six-Sigma practicing company with ISO 9000/2000 certification.

The company is planning to increase its capacity on a mega scale and diversify into petrochemicals.

Phthalic Anhydride is recycled to manufacture Maleic Anhydride. Similarly, the Phthalic Anhydride distillation residues, like high boiling residue and low boiling residue, are mixed together and fired in the heat transfer oil heater along with the furnace oil as fuel in a move to keep the environment clean.

In September 1991, IGPL came out with a public issue of 1.06 crore equity shares at par aggregating Rs 10.61 crore. The proceeds of the issue were utilized to part-finance a Rs 61.85-cr 100% EOU for the manufacture of phthalic anhydride with a licensed capacity of 45,000 tpa.

Product range:

Phthalic Anhydride -- The company’s principal business revolves around the production of Phthalic Anhydride, which is mainly used in the manufacture of Plasticizers for production of PVC products, shoe soles and other commodities.

Phthalic Anhydride is a principal commercial form of phthalic acid, discovered in 1836. It was the first anhydride reaction of Phthalic Anhydride is with alcohols or diols to give esters or of a dicarboxylic acid to be used commercially, and is comparable in its importance to acetic acid. The most important polyesters.

It is also used for manufacturing Alkyd Resins which is used in paints, as an intermediate in production of dyes and pigments, and in production of Unsaturated Polyester Resins (UPRs).

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.67%
1 Week
+2.50%
1 Month
+8.87%
3 Month
+53.13%
6 Month
+62.93%
1 Year
+315.73%
2 Year
+253.72%
5 Year
+357.56%
6 years 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 20.64 29.77 31.77 20.21 3.31 25.86
Return on Capital Employed (%) 24.34 34.09 45.08 27.67 5.68 28.91
Return on Assets (%) 10.40 16.44 19.24 11.65 1.81 15.14

Balance Sheet View Details

Particulars 6 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 292 392 528 629 633 822
Non Curr. Liab. 94 64 107 183 234 173
Curr. Liab. 193 203 225 334 294 329
Minority Int.
Equity & Liab. 578 658 860 1,146 1,161 1,324
Non Curr. Assets 348 368 545 701 836 887
Curr. Assets 230 290 315 445 326 437
Misc. Exp. not W/O
Total Assets 578 658 860 1,146 1,161 1,324

Profit Loss View Details

Particulars 6 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 953 1,037 1,144 1,304 1,059 1,124
Other Income 4 8 4 11 6 6
Total Income 956 1,046 1,148 1,315 1,065 1,129
Total Expenditure -840 -874 -877 -1,081 -987 -827
PBIDT 117 171 271 234 78 302
Interest -23 -18 -15 -12 -16 -15
Depreciation -18 -21 -26 -26 -30 -34
Taxation -16 -30 -84 -70 -11 -65
Exceptional Items -8 0 -1
PAT 60 102 146 117 21 188

Cash Flow View Details

Particulars 6 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 69 94 201 139 84 183
Cash Fr. Inv. -6 -42 -164 -216 -104 -72
Cash Fr. Finan. -64 -50 -35 58 35 -80
Net Change -1 2 2 -19 15 30
Cash & Cash Eqvt 17 3 5 -14 1 32

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 68.90 68.74 68.74 68.74 68.74 68.74 68.74 68.74 68.74
Public 31.10 31.26 31.26 31.26 31.26 31.26 31.26 31.26 31.26
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 05 Aug 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation under Reg 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.
Wed, 04 Aug 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We would like to inform you that the Earnings Call has been arranged with Investors & Analyst (Participants) on 9th August 2021 through tele-conference with regard to the financial results of the Company for the quarter ended 30th June 2021.

A copy of the invitation is attached herewith.
Tue, 03 Aug 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation under Reg 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Technical Scans View Details

Thu, 05 Aug 2021
Close Within 52 Week High Zone Close Within 52 Week High Zone
S Close Above Last Week High
S Close Above Last Month High
RSI Bearish RSI Bearish
William %R Bearish William %R Bearish

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