IG Petrochemicals (IGPL)₹586.25−0.42%Commodity Chemicals
In the Jun 2026 quarter (consolidated), IG Petrochemicals reported sales of ₹616 Cr, up 31.5% from Jun 2025, and net profit of ₹66.15 Cr. For the year to Mar 2026, sales were ₹1,921 Cr and net profit ₹2.01 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 501 | 487 | 553 | 583 | 582 | 557 | 479 | 469 | 464 | 464 | 523 | 616 |
| Expenses | 474 | 492 | 526 | 521 | 518 | 509 | 431 | 469 | 443 | 455 | 456 | 504 |
| Operating Profit | 26.10 | −6.03 | 26.11 | 62.21 | 63.27 | 47.15 | 47.18 | −1.01 | 20.06 | 8.03 | 67.28 | 112 |
| OPM % | 5.0% | −1.2% | 4.7% | 11.0% | 11.0% | 8.0% | 10.0% | −0.1% | 4.3% | 1.8% | 13.0% | 18.0% |
| Other Income | 6.99 | 6.99 | 8.99 | 8.99 | 3.99 | 7.99 | 4.99 | 10.01 | 6.01 | 4.99 | 5.01 | 6.99 |
| Interest | 6.97 | 7.97 | 8.97 | 8.98 | 15.95 | 2.99 | 10.97 | 8.97 | 10.97 | 9.97 | 10.96 | 10.97 |
| Depreciation | 12.98 | 11.97 | 14.96 | 15.98 | 15.97 | 15.98 | 15.98 | 15.97 | 15.96 | 15.97 | 19.97 | 17.98 |
| Profit before tax | 14.06 | −20.08 | 11.04 | 45.18 | 34.13 | 36.13 | 25.09 | −16.07 | −1.01 | −13.05 | 40.12 | 90.34 |
| Tax % | 28.0% | −23.9% | 20.1% | 23.0% | 24.0% | 21.0% | 23.1% | −16.9% | 42.0% | −15.9% | 30.1% | 26.1% |
| Net Profit | 10.01 | −15.03 | 9.02 | 35.04 | 26.07 | 29.07 | 19.05 | −13.02 | −2.01 | −11.02 | 28.05 | 66.15 |
| EPS (Rs) | 3.26 | −4.94 | 2.93 | 11.34 | 8.48 | 9.25 | 6.14 | −4.21 | −0.64 | −3.52 | 9.10 | 21.55 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 951 | 1,034 | 1,141 | 1,301 | 1,057 | 1,121 | 1,880 | 2,348 | 2,096 | 2,203 | 1,921 | 2,068 |
| Expenses | 836 | 865 | 873 | 1,074 | 984 | 822 | 1,471 | 2,027 | 1,985 | 1,976 | 1,817 | 1,859 |
| Operating Profit | 113 | 169 | 268 | 227 | 72.25 | 300 | 408 | 319 | 105 | 222 | 101 | 208 |
| OPM % | 12.0% | 16.0% | 23.0% | 17.0% | 7.0% | 27.0% | 22.0% | 14.0% | 5.0% | 10.0% | 5.0% | 10.0% |
| Other Income | 3.99 | 2.99 | 4.01 | −0.99 | 5.99 | 3.01 | 5.99 | 21.99 | 29.98 | 23.99 | 20.01 | 23.00 |
| Interest | 22.91 | 17.93 | 14.95 | 11.96 | 15.94 | 14.95 | 12.96 | 23.90 | 29.90 | 38.88 | 40.84 | 42.87 |
| Depreciation | 17.95 | 20.96 | 25.93 | 25.95 | 29.95 | 33.94 | 43.93 | 46.93 | 51.87 | 64.91 | 68.91 | 69.88 |
| Profit before tax | 77.30 | 132 | 231 | 188 | 32.10 | 254 | 357 | 269 | 53.18 | 142 | 10.03 | 116 |
| Tax % | 21.1% | 23.1% | 37.0% | 37.0% | 35.1% | 26.0% | 26.1% | 25.1% | 26.1% | 23.1% | 79.1% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | −4.99 | 1.01 | 0.00 | 0.00 | 3.01 | 1.99 | 5.01 | 0.00 | — |
| Net Profit | 60.11 | 102 | 146 | 117 | 21.03 | 188 | 264 | 201 | 40.08 | 109 | 2.01 | 81.17 |
| EPS (Rs) | 19.50 | 32.92 | 47.32 | 37.85 | 6.76 | 60.97 | 85.64 | 64.76 | 12.80 | 35.21 | 0.71 | 26.49 |
| Dividend payout % | 10.0% | 0.0% | 8.0% | 11.0% | 30.0% | 12.0% | 12.0% | 15.0% | 58.0% | 28.0% | 694.0% | — |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 31.05 | 31.05 | 31.03 | 31.04 | 31.03 | 31.04 | 31.00 | 31.03 | 31.04 | 31.05 | 31.05 |
| Reserves | 261 | 361 | 497 | 598 | 602 | 791 | 1,031 | 1,204 | 1,216 | 1,308 | 1,303 |
| Borrowings | 116 | 82.12 | 87.16 | 194 | 230 | 165 | 173 | 254 | 369 | 270 | 363 |
| Other Liabilities | 171 | 183 | 244 | 322 | 298 | 336 | 414 | 501 | 519 | 600 | 603 |
| Total Liabilities | 578 | 658 | 860 | 1,145 | 1,160 | 1,323 | 1,649 | 1,990 | 2,134 | 2,209 | 2,299 |
| Fixed Assets | 322 | 324 | 403 | 389 | 471 | 701 | 735 | 717 | 1,030 | 1,015 | 1,182 |
| CWIP | 3.99 | 10.97 | 88.69 | 282 | 338 | 132 | 118 | 348 | 158 | 233 | 173 |
| Investments | 0.00 | 16.96 | 59.94 | 69.83 | 11.98 | 15.97 | 80.92 | 182 | 144 | 134 | 87.87 |
| Other Assets | 252 | 306 | 308 | 404 | 338 | 475 | 715 | 744 | 803 | 825 | 857 |
| Inventories | 89.68 | 96.69 | 93.65 | 128 | 94.62 | 143 | 151 | 164 | 199 | 293 | 206 |
| Trade receivables | 109 | 149 | 138 | 182 | 142 | 198 | 346 | 324 | 336 | 284 | 348 |
| Cash & equivalents | 16.96 | 29.90 | 21.94 | 35.88 | 48.88 | 73.83 | 128 | 192 | 183 | 183 | 185 |
| Total Assets | 578 | 658 | 860 | 1,145 | 1,160 | 1,323 | 1,649 | 1,990 | 2,134 | 2,209 | 2,299 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 68.90 | 93.83 | 201 | 139 | 83.85 | 183 | 109 | 233 | 36.98 | 261 | 102 |
| Cash from investing activity | −6.01 | −42.03 | −164 | −216 | −104 | −72.06 | −106 | −255 | −115 | −92.10 | −89.04 |
| Cash from financing activity | −64.04 | −50.07 | −35.01 | 58.09 | 35.01 | −80.04 | −19.01 | 21.04 | 48.06 | −138 | −53.03 |
| Net cash flow | −1.01 | 2.01 | 2.01 | −19.01 | 15.01 | 30.05 | −15.01 | −2.01 | −29.04 | 31.01 | −39.06 |
| Capex | 9.01 | 32.03 | 124 | 213 | 168 | 71.12 | 100 | 240 | 174 | 137 | 163 |
| Free cash flow | 59.85 | 65.79 | 76.77 | −72.79 | −83.74 | 113 | 10.96 | −6.98 | −136 | 125 | −59.82 |
| CFO / OP % | 76.0% | 73.0% | 95.0% | 84.0% | 127.0% | 82.0% | 46.0% | 92.0% | 43.0% | 125.0% | 107.9% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 43 | 54 | 45 | 52 | 50 | 66 | 68 | 51 | 60 | 48 | 67 |
| Inventory days | 46 | 48 | 48 | 53 | 43 | 82 | 46 | 35 | 43 | 65 | 51 |
| Days payable | 77 | 83 | 75 | 92 | 89 | 124 | 87 | 76 | 79 | 98 | 94 |
| Cash conversion cycle | 10 | 17 | 16 | 11 | 3 | 21 | 25 | 8 | 21 | 13 | 23 |
| Working capital days | 7 | 19 | 8 | 1 | −11 | 7 | 22 | 2 | 1 | 0 | −4 |
| ROCE % | — | 34.0% | 45.0% | 29.1% | 5.0% | 29.1% | 33.1% | 21.1% | 5.0% | 11.1% | 3.0% |
For the Jun 2026 quarter, IG Petrochemicals reported sales of ₹616 Cr, up 31.5% year on year and net profit of ₹66.15 Cr. The operating margin was 18.0%.
IG Petrochemicals' sales for the year to Mar 2026 were ₹1,921 Cr; over the last twelve months they were ₹2,068 Cr.
Net profit for the year to Mar 2026 was ₹2.01 Cr, and ₹81.17 Cr over the last twelve months. Earnings per share over the same trailing period were ₹26.49.
IG Petrochemicals reported borrowings of ₹363 Cr at Mar 2026, against cash and equivalents of ₹185 Cr.
Cash from operations was ₹102 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹59.82 Cr.