India Glycols Ltd.
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881.80 -29.40 ▼-3.2%

27 May 2022, 04:01:00 PM
Volume: 18,407

Overview View Details

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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.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

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

Balance Sheet View Details

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

Profit Loss View Details

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

Cash Flow View Details

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

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
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 (%) 83.59 83.59 83.59 83.59 83.59 0.00 0.00 0.00 0.00

Announcements View Details

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.

Technical Scans View Details

Fri, 27 May 2022
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
High Decrease 1 Month High Decrease 1 Month
High Increase 3 Months High Increase 3 Months

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