IG Petrochemicals Ltd. (IGPL) AI Stock Analysis

• Market Cap: ₹12.94B
• Dividend Yield: 2.38%
• Average Volume (3M): 2.14K
• Price to Earnings (P/E): 21.3
• Beta (1Y): 1.10
• Revenue Growth: -1.78%
• EPS Growth: 56.00%
• Country: IN
• Employees: 517
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): -4.22
• Shares Outstanding: 30,794,850
• 10 Day Avg. Volume: 1,713
• 30 Day Avg. Volume: 2,141
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹472.00
• Price Target Upside: 12.35% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 64 Neutral
• Price Target: ₹472.00 ▲(12.35% Upside)

IG Petrochemicals Ltd. scores a 64, reflecting strong financial performance and fair valuation. The company's robust profit margins and solid equity management are significant strengths. However, technical indicators suggest a lack of bullish momentum, and cash flow variability presents a risk. The stock is fairly valued, offering a balanced investment opportunity.

IG Petrochemicals Ltd. Business Overview & Revenue Model

Company Description

I G Petrochemicals Limited engages in the manufacture and sale of organic chemicals in India and internationally. It offers phthalic anhydride that is used in the manufacture of plasticizers, alkyd resins and paints, unsaturated polyester resins, and CPC pigments; and maleic anhydride, an organic compound used in the production of spandex, unsaturated polyester resins, lubricating oil additives, personal care products, water treatment detergents, and insecticides and fungicides. The company also provides benzoic acid, an organic compound used in the manufacture of perfumes, dyes, topical medications, insect repellants, and food preservatives; and advance plasticizers used in the production of incense sticks, perfumes, and plastic packaging films. I G Petrochemicals Limited was incorporated in 1988 and is based in Mumbai, India.

How the Company Makes Money

IG Petrochemicals Ltd. generates revenue through the sale of its primary product, Phthalic Anhydride, to a diverse range of industries including plastics, paints, and construction. The company benefits from strong demand across these sectors, driven by industrial growth and consumer demand for end-products that utilize Phthalic Anhydride. Additionally, IGPL has established strategic partnerships and distribution networks that facilitate the efficient supply of its products to key markets. The company's earnings are further supported by its focus on maintaining high production efficiency and cost-effectiveness, enabling competitive pricing and profitability.

IG Petrochemicals Ltd. Financial Statement Overview

Summary

IG Petrochemicals Ltd. demonstrates strong financial performance with robust profit margins and solid equity management. Revenue growth has been consistent, though recent figures show a slight decline. Cash flow management shows improvement but requires consistent positive generation for long-term sustainability.

Income Statement

IG Petrochemicals Ltd. shows strong income statement performance with significant improvements in profit margins over recent years. The gross profit margin and net profit margin have notably increased, reflecting enhanced operational efficiency. Revenue growth has been consistent, though the latest figures show a slight decline from the peak. The EBIT and EBITDA margins are robust, signaling healthy earnings before interest, taxes, depreciation, and amortization.

Balance Sheet

The balance sheet of IG Petrochemicals Ltd. indicates solid financial health, characterized by a high equity ratio suggesting prudent leverage usage and strong shareholder equity backing. The debt-to-equity ratio remains manageable, with recent trends showing a reduction in total debt levels. Return on equity has been fluctuating but remains positive, indicating adequate returns on shareholders' investments.

Cash Flow

Cash flow analysis reveals a mixed scenario for IG Petrochemicals Ltd. The company has shown improvement in free cash flow, turning from negative to positive in recent years, indicating better cash management. However, the operating cash flow to net income ratio suggests variability in cash conversion. The company needs to maintain consistent free cash flow generation to ensure long-term sustainability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	22.06B	22.06B	20.94B	23.52B	18.83B	11.24B
Gross Profit	5.19B	5.19B	1.33B	5.52B	6.28B	4.62B
EBITDA	2.40B	2.19B	1.36B	3.40B	4.14B	2.97B
Net Income	1.09B	1.09B	395.13M	2.00B	2.65B	1.88B
Balance Sheet
Total Assets	22.11B	22.11B	21.35B	19.92B	16.51B	13.24B
Cash, Cash Equivalents and Short-Term Investments	2.67B	2.67B	2.72B	3.04B	1.75B	668.77M
Total Debt	2.69B	2.69B	3.68B	2.54B	1.73B	1.65B
Total Liabilities	8.72B	8.72B	8.88B	7.57B	5.89B	5.02B
Stockholders Equity	13.39B	13.39B	12.47B	12.35B	10.62B	8.22B
Cash Flow
Free Cash Flow	0.00	1.24B	-1.37B	-73.45M	94.15M	1.13B
Operating Cash Flow	0.00	2.61B	371.93M	2.33B	1.09B	1.83B
Investing Cash Flow	0.00	-919.97M	-1.15B	-2.55B	-1.58B	-724.94M
Financing Cash Flow	0.00	-1.38B	479.26M	206.14M	-187.97M	-803.46M

IG Petrochemicals Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 420.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:IGPL, the sentiment is Negative. The current price of 420.1 is below the 20-day moving average (MA) of 435.43, below the 50-day MA of 450.10, and below the 200-day MA of 457.19, indicating a bearish trend. The MACD of -6.10 indicates Positive momentum. The RSI at 38.68 is Neutral, neither overbought nor oversold. The STOCH value of 7.95 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:IGPL.

IG Petrochemicals Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHREEPUSHK	67 Neutral	₹14.13B	21.16	10.88%	0.46%	16.35%	55.49%
IGPL	64 Neutral	₹12.94B	21.32	―	2.38%	-1.78%	56.00%
FAIRCHEMOR	54 Neutral	₹10.13B	109.00	7.28%	0.96%	-19.46%	-80.73%
MANALIPETC	53 Neutral	₹11.10B	36.25	2.68%	0.78%	-8.24%	8.89%
TIRUMALCHM	47 Neutral	₹29.93B	-26.93	-3.99%	0.34%	-8.05%	-150.62%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%