| Sector |
Chemicals
|
Compare with Sector peers |
| Industry |
Chemicals
|
Compare with Industry peers |
| Website | http://www.indiaglycols.com | |
| Market Cap | 2,714.24 Cr. | |
| Enterprise Value(EV) | 3,668.53 Cr. | 2022-03 |
| Financial Indicators | ||
|---|---|---|
| Earnings per share (EPS) | 109.77 | Trailing Twelve Months Ending 2022-03 |
| Price-Earning Ratio (PE) | 8.03 | Trailing Twelve Months Ending 2022-03 |
| Industry PE | 30.25 | Trailing Twelve Months Ending 2022-03 |
| Book Value / Share | 578.75 | Trailing Twelve Months Ending 2022-03 |
| Price to Book Value | 1.52 | Calculated using Price: 881.80 |
| Dividend Yield | 0.68 | Period Ending 2021-03 |
| No. of Shares Subscribed | 3.10 Cr. | 30,961,500 Shares |
| FaceValue | 10 | |
| Company Profile | ||
|
India Glycols (IGL), incorporated in 1983, is engaged in the business of manufacturing glycols, ethoxylates and PEGs, performance chemicals, glycol ether and acetates, guar gum and potable alcohol. Promoted by Vam Organics, the company was incorporated under the name as UP Glycols. Since 1989, IGL is the only company in the world that uses renewable agro source based on molasses to manufacture Ethylene Oxide (EO) / Mono Ethylene Glycol (MEG). The company’s in-house R&D facility focuses on developing new products and processes. In India, the company is the largest ethoxylate and glycol ether producer thus making it leader in ethylene oxide derivatives/surfactant business. The company exports its products to countries like South East Asia, Middle East, Europe, Australia and USA. It was granted ‘One Star Export House’ status by the government of India. IGL operates subsidiaries namely IGL Finance, IGLCHEM International Pte and Shakumbari Sugar and Allied Industries. The company has base of 1000 customers. Products manufactured by company find applications in area of textile, agrochemical, oil and gas, personal care, pharmaceuticals, brake fluids, detergent, emulsion polymerisation and paints, etc. The company has formed various technical collaborations such as Scientific Design Company Inc, USA for glycols; Press industria AG, Italy for ethoxylates and PEGs; Sanyo Chemical Industries of Japan for performance chemicals; Sulzer Chemtech of Switzerland for glycol ethers and Alfa Laval, USA for extra neutral alcohol. IGL owns an export oriented unit (EOU) that primarily produced 10,000 MTPA of guar products such as guar, treated and pulverised guar gum powder and derivatised guar. It also operates 100% EOU under the name Ennature Bio-pharma Division. This unit is spread across in an area 47 acres land which leased from the Uttarakhand government. This unit will grow a spectrum of medicinal plants. It will also set up supercritical fluid extraction facility (SCFE) at Dehradun that will be used for extraction of dietary food supplements, natural colours, health care, fruits and vegetables, herbal extracts, fruit flavours and fragrances and spice flavours and extracts. The company has installed distillery effluent evaporators at Gorakhpur and the concentrated effluent is burnt in specially designed boilers; the calorific value of the concentrated, effluent generates super-heated steam which is. utilised in the turbo generator with capacity of 12.5 MW for power generation. In FY 2007-08 the company acquired controlling stake in the Shakumbari Sugar & Allied Industries (SSAIL) that is engaged in business of manufacturing sugar. SSAIL’s manufacturing plant is located in Uttar Pradesh with a crushing capacity of 3200 tones per day (TCD) along with a modern distillery of 40 kl per day (KLPD), producing high quality rectified spirit, ethanol and country liquor and an internal bagasse-fired co-generation plant of 3 MW catering to the captive power needs of the sugar and distillery units. Future Plans India Glycols will focus on various areas in future such as developing cost-effective emulsifier for crop protection chemicals; development of eco-friendly surfactants to replace alkylphenol ethoxylates; development of green demulsifier for crude oil emulsion and setting up an application development laboratory equipped with all sophisticated instruments for various industries. |
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Company Profile
India Glycols (IGL), incorporated in 1983, is engaged in the business of manufacturing glycols, ethoxylates and PEGs, performance chemicals, glycol ether and acetates, guar gum and potable alcohol. Promoted by Vam Organics, the company was incorporated under the name as UP Glycols. Since 1989, IGL is the only company in the world that uses renewable agro source based on molasses to manufacture Ethylene Oxide (EO) / Mono Ethylene Glycol (MEG). The company’s in-house R&D facility focuses on developing new products and processes. In India, the company is the largest ethoxylate and glycol ether producer thus making it leader in ethylene oxide derivatives/surfactant business.
The company exports its products to countries like South East Asia, Middle East, Europe, Australia and USA. It was granted ‘One Star Export House’ status by the government of India.
IGL operates subsidiaries namely IGL Finance, IGLCHEM International Pte and Shakumbari Sugar and Allied Industries. The company has base of 1000 customers. Products manufactured by company find applications in area of textile, agrochemical, oil and gas, personal care, pharmaceuticals, brake fluids, detergent, emulsion polymerisation and paints, etc.
The company has formed various technical collaborations such as Scientific Design Company Inc, USA for glycols; Press industria AG, Italy for ethoxylates and PEGs; Sanyo Chemical Industries of Japan for performance chemicals; Sulzer Chemtech of Switzerland for glycol ethers and Alfa Laval, USA for extra neutral alcohol.
IGL owns an export oriented unit (EOU) that primarily produced 10,000 MTPA of guar products such as guar, treated and pulverised guar gum powder and derivatised guar.
It also operates 100% EOU under the name Ennature Bio-pharma Division. This unit is spread across in an area 47 acres land which leased from the Uttarakhand government. This unit will grow a spectrum of medicinal plants. It will also set up supercritical fluid extraction facility (SCFE) at Dehradun that will be used for extraction of dietary food supplements, natural colours, health care, fruits and vegetables, herbal extracts, fruit flavours and fragrances and spice flavours and extracts.
The company has installed distillery effluent evaporators at Gorakhpur and the concentrated effluent is burnt in specially designed boilers; the calorific value of the concentrated, effluent generates super-heated steam which is. utilised in the turbo generator with capacity of 12.5 MW for power generation.
In FY 2007-08 the company acquired controlling stake in the Shakumbari Sugar & Allied Industries (SSAIL) that is engaged in business of manufacturing sugar. SSAIL’s manufacturing plant is located in Uttar Pradesh with a crushing capacity of 3200 tones per day (TCD) along with a modern distillery of 40 kl per day (KLPD), producing high quality rectified spirit, ethanol and country liquor and an internal bagasse-fired co-generation plant of 3 MW catering to the captive power needs of the sugar and distillery units.
Future Plans
India Glycols will focus on various areas in future such as developing cost-effective emulsifier for crop protection chemicals; development of eco-friendly surfactants to replace alkylphenol ethoxylates; development of green demulsifier for crude oil emulsion and setting up an application development laboratory equipped with all sophisticated instruments for various industries.
| 1 Day |
|
-3.23% |
| 1 Week |
|
-11.00% |
| 1 Month |
|
-9.45% |
| 3 Month |
|
+13.68% |
| 6 Month |
|
+3.86% |
| 1 Year |
|
+85.21% |
| 2 Year |
|
+224.01% |
| 5 Year |
|
+367.43% |
| 10 Year |
|
+607.14% |
| 9 years | 2013-03 | 2014-03 | 2015-03 | 2016-03 | 2017-03 | 2018-03 | 2019-03 | 2020-03 | 2021-03 | |
| Return on Equity (%) | 20.17 | -35.67 | -26.66 | -11.25 | 4.81 | 12.28 | 14.82 | 11.55 | 11.90 | |
| Return on Capital Employed (%) | 12.75 | -2.25 | 1.39 | 2.86 | 9.39 | 15.87 | 20.01 | 13.82 | 11.69 | |
| Return on Assets (%) | 3.03 | -4.98 | -2.75 | -1.68 | 0.99 | 2.83 | 3.71 | 2.92 | 3.19 |
| Particulars | 10 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2022-03* Rs. Cr. |
| Shh. Funds | 536 | 372 | 297 | 718 | 752 | 845 | 963 | 1,034 | 1,169 | 1,792 | |
| Non Curr. Liab. | 884 | 829 | 459 | 1,065 | 838 | 911 | 1,097 | 1,068 | 1,183 | 1,110 | |
| Curr. Liab. | 1,770 | 2,083 | 2,399 | 1,836 | 1,902 | 1,665 | 1,725 | 1,984 | 1,768 | 1,749 | |
| Minority Int. | -19 | ||||||||||
| Equity & Liab. | 3,190 | 3,284 | 3,155 | 3,620 | 3,492 | 3,421 | 3,784 | 4,086 | 4,119 | 4,631 | |
| Non Curr. Assets | 1,488 | 1,511 | 1,371 | 2,339 | 2,358 | 2,340 | 2,397 | 2,489 | 2,407 | 3,023 | |
| Curr. Assets | 1,700 | 1,772 | 1,782 | 1,277 | 1,132 | 1,079 | 1,385 | 1,595 | 1,710 | 1,607 | |
| Misc. Exp. not W/O | 2 | 2 | 2 | 3 | 3 | 2 | 2 | 2 | 2 | ||
| Total Assets | 3,190 | 3,284 | 3,155 | 3,620 | 3,492 | 3,421 | 3,784 | 4,086 | 4,119 | 4,631 |
| Particulars | 10 years | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2022-03 Rs. Cr. TTM |
| Net Sales | 3,423 | 2,977 | 2,580 | 2,324 | 2,500 | 3,034 | 3,357 | 3,491 | 2,985 | 6,601 | |
| Other Income | 48 | 27 | 58 | 17 | 60 | 131 | 29 | 17 | 21 | 22 | |
| Total Income | 3,471 | 3,004 | 2,637 | 2,341 | 2,560 | 3,165 | 3,385 | 3,508 | 3,006 | 6,623 | |
| Total Expenditure | -3,070 | -2,775 | -2,456 | -2,146 | -2,310 | -2,813 | -2,945 | -3,156 | -2,675 | -6,346 | |
| PBIDT | 401 | 229 | 181 | 195 | 250 | 353 | 440 | 352 | 332 | 277 | |
| Interest | -171 | -159 | -179 | -146 | -133 | -131 | -150 | -100 | -87 | -70 | |
| Depreciation | -90 | -91 | -89 | -69 | -72 | -73 | -76 | -78 | -80 | -80 | |
| Taxation | -44 | 50 | 55 | 24 | -10 | -51 | -81 | -59 | -34 | -39 | |
| Exceptional Items | -192 | -58 | -61 | 221 | |||||||
| PAT | 96 | -161 | -89 | -57 | 35 | 98 | 134 | 115 | 131 | 309 | |
| Minority Interest | |||||||||||
| Share Associate | 0 | 0 | -1 | -1 | 0 | 1 | 21 | ||||
| Other Related Items | |||||||||||
| Consolidated Net Profit | 96 | -161 | -89 | -57 | 35 | 97 | 133 | 115 | 132 | 340 | |
| Adjusted EPS | 31 | -52 | -29 | -18 | 11 | 31 | 43 | 37 | 43 | 110 |
| Particulars | 10 years | 2012-03 Rs. Cr. | 2013-03 Rs. Cr. | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 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. | -24 | 817 | -234 | -171 | 1,231 | 302 | 502 | 147 | 343 | 137 | |
| Cash Fr. Inv. | -200 | -227 | 110 | 175 | -78 | -40 | -103 | -128 | -151 | -148 | |
| Cash Fr. Finan. | 240 | -582 | 87 | -4 | -1,168 | -263 | -399 | 3 | -216 | 11 | |
| Net Change | 17 | 8 | -37 | 0 | -15 | -1 | 0 | 22 | -23 | 0 | |
| Cash & Cash Eqvt | 52 | 60 | 22 | 22 | 6 | 6 | 5 | 27 | 4 | 3 |
|
Fri, 27 May 2022
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate This is in continuation to our earlier letter dated 9th May 2022. Pursuant to the Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirement) Regulation 2015 read with SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated 25th January 2022 kindly note the issue of letter of confirmation in lieu of share certificates to the shareholders as per the letter attached.This is for your information and record please. |
|
Thu, 26 May 2022
Corporate Action-Board approves Dividend Further to our letter dtd. 19.05.2022 and pursuant to Reg 30 and Sch III of SEBI LODR Directors of Company in its meeting held today 26.05.2022 has approved inter-alia following:1. Audited Financial Results (Standalone & Consolidated) for qtr & year ended 31.03.2022. Results Auditors Report & declaration are enclosed as Annexure A.2. Recommended a dividend of Rs. 7.50/- per equity share (@75%) of face value of Rs. 10 each for FY 22 which if confirmed/declared by members at ensuing AGM will be paid/dispatched within 30 days from the date of AGM. 3. Re-appointment of K.N. Gutgutia & Co. Chartered Accountants (Reg. No. 304153E) as Statutory Auditors of Company subject to approval of members in ensuing AGM for the second term of 5 years to hold office from conclusion of 38th AGM until the conclusion of 43rd AGM. Their brief profile is enclosed as Annexure B.The above said Board Meeting commenced at 16.15 Hrs. and concluded at 18.20 Hrs. |
|
Thu, 26 May 2022
Board Meeting Outcome for Outcome Of The Board Meeting Held On 26Th May 2022 Further to our letter dtd. 19.05.2022 and pursuant to Reg 30 and Sch III of SEBI LODR Directors of Company in its meeting held today 26.05.2022 has approved inter-alia following:1. Audited Financial Results (Standalone & Consolidated) for qtr & year ended 31.03.2022. Results Auditors Report & declaration are enclosed as Annexure A.2. Recommended a dividend of Rs. 7.50/- per equity share (@75%) of face value of Rs. 10 each for FY 22 which if confirmed/declared by members at ensuing AGM will be paid/dispatched within 30 days from the date of AGM. 3. Re-appointment of K.N. Gutgutia & Co. Chartered Accountants (Reg. No. 304153E) as Statutory Auditors of Company subject to approval of members in ensuing AGM for the second term of 5 years to hold office from conclusion of 38th AGM until the conclusion of 43rd AGM. Their brief profile is enclosed as Annexure B.The above said Board Meeting commenced at 16.15 Hrs. and concluded at 18.20 Hrs. |
| Fri, 27 May 2022 |
Higher Delivery Quantity
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Higher Trade Quantity
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Higher Trade and Delivery Quantity
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High Decrease 1 Month
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High Increase 3 Months
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