India Glycols Ltd.
Snapshot View

682.70 -6.50 ▼-0.9%

30 July 2021, 04:00:00 P.M.
Volume: 7,139

Overview View Details

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Industry Chemicals Compare with Industry peers
Website http://www.indiaglycols.com
Financial Indicators
Market Cap 2,113.74 Cr.
Earnings per share (EPS) 42.51 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 16.06 Trailing Twelve Months Ending 2021-03
Industry PE 47.45 Trailing Twelve Months Ending 2021-03
Book Value / Share 377.41 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.81 Calculated using Price: 682.70
Dividend Yield 0.88 Period Ending 2020-03
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.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.94%
1 Week
-1.79%
1 Month
+6.33%
3 Month
+44.55%
6 Month
+86.05%
1 Year
+150.99%
2 Year
+227.67%
5 Year
+573.61%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 16.91 20.17 -35.67 -26.66 -11.25 4.81 12.28 14.82 11.55
Return on Capital Employed (%) 11.67 12.75 -2.25 1.39 2.86 9.39 15.87 20.01 16.16
Return on Assets (%) 2.44 3.03 -4.98 -2.75 -1.68 0.99 2.83 3.71 2.92

Balance Sheet View Details

Particulars 9 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.
Shh. Funds 414 536 372 297 718 752 845 963 1,034
Non Curr. Liab. 868 884 829 459 1,065 838 911 1,097 1,068
Curr. Liab. 1,835 1,770 2,083 2,399 1,836 1,902 1,665 1,725 1,984
Minority Int.
Equity & Liab. 3,117 3,190 3,284 3,155 3,620 3,492 3,421 3,784 4,086
Non Curr. Assets 1,497 1,488 1,511 1,371 2,339 2,358 2,340 2,397 2,489
Curr. Assets 1,619 1,700 1,772 1,782 1,277 1,132 1,079 1,385 1,595
Misc. Exp. not W/O 1 2 2 2 3 3 2 2 2
Total Assets 3,117 3,190 3,284 3,155 3,620 3,492 3,421 3,784 4,086

Profit Loss View Details

Particulars 9 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.
Net Sales 2,758 3,423 2,977 2,580 2,324 2,500 3,034 3,357 3,491
Other Income 67 48 27 58 17 60 131 29 17
Total Income 2,825 3,471 3,004 2,637 2,341 2,560 3,165 3,385 3,508
Total Expenditure -2,468 -3,070 -2,775 -2,456 -2,146 -2,310 -2,813 -2,945 -3,104
PBIDT 357 401 229 181 195 250 353 440 404
Interest -151 -171 -159 -179 -146 -133 -131 -150 -147
Depreciation -85 -90 -91 -89 -69 -72 -73 -76 -83
Taxation -52 -44 50 55 24 -10 -51 -81 -59
Exceptional Items -192 -58 -61
PAT 67 96 -161 -89 -57 35 98 134 115

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. -24 817 -234 -171 1,231 302 502 147 343
Cash Fr. Inv. -200 -227 110 175 -78 -40 -103 -128 -151
Cash Fr. Finan. 240 -582 87 -4 -1,168 -263 -399 3 -216
Net Change 17 8 -37 0 -15 -1 0 22 -23
Cash & Cash Eqvt 52 60 22 22 6 6 5 27 4

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 61.01 61.01 61.01 61.01 61.01 61.01 61.01 61.01 61.01
Public 38.99 38.99 38.99 38.99 38.99 38.99 38.99 38.99 38.99
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 83.59 83.59 83.59 83.59 83.59 83.59 83.59 0.00

Announcements View Details

Fri, 23 Jul 2021
Disclosure Under Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
Pursuant to Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 please find attached the disclosure of Related Party Transactions on a consolidated basis in the format specified in the relevant accounting standards for the half year ended 31st March 2021.

This is for your information and records please.
Thu, 15 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
We are enclosing herewith copies of newspaper clippings of the Notice published in the following newspapers on 15th July 2021 in respect of proposed transfer of Equity Shares of the Company for which dividend has not been claimed for 7 consecutive years to the Investor Education and Protection Fund (IEPF) Authority in pursuance to the Investor Education and Protection Fund Authority (Accounting Audit Transfer and Refund) Rules 2016 as amended:

1. Financial Express (All Editions) in English; and
2. Uttar Ujala (Nanital Edition) in Hindi.

We request you to kindly take the above on record.

Wed, 14 Jul 2021
Shareholding for the Period Ended June 30 2021
India Glycols Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Fri, 30 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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