I G Petrochemicals Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹107.21Overvalued by 81.80%vs CMP ₹589.00

P/E (17.7) × ROE (1.8%) × BV (₹429.00) × DY (0.85%)

₹337.40Overvalued by 42.72%vs CMP ₹589.00

MoS: -74.6% (Negative)Confidence: 48/100 (Moderate)Models: 3 Under, 5 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹51.71	26%	Over (-91.2%)
Graham Number	Earnings	₹147.70	19%	Over (-74.9%)
Earnings Power	Earnings	₹218.05	12%	Over (-63%)
Net Asset Value	Assets	₹428.92	8%	Over (-27.2%)
EV/EBITDA	Enterprise	₹655.89	10%	Under (+11.4%)
Earnings Yield	Earnings	₹22.60	8%	Over (-96.2%)
ROCE Capital	Returns	₹1,169.09	10%	Under (+98.5%)
Revenue Multiple	Revenue	₹716.28	6%	Under (+21.6%)
Consensus (8 models)		₹337.40	100%	Overvalued

Key Drivers: EPS CAGR -51.8% drags value — could be higher if earnings stabilize. | ROE 1.8% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -51.8%

*Investments are subject to market risks

Analysis summary

Data coverage: Price-data record updated 24 September 2026, 2:35 am +05:30. Annual results through Mar 2025; quarterly results through Dec 2025; cash flow through Mar 2026. Each section can have a different reporting period. The share price is not live.

Valuation in context

Operating performance

Revenue for Mar 2025 was ₹2,206.00 Cr, versus ₹2,099.00 Cr in Mar 2024 (5.1% year on year). Net profit for Mar 2025 was ₹112.00 Cr, versus ₹40.00 Cr in Mar 2024 (180.0% year on year). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Cash generation

For the same Mar 2025 period, operating cash flow was ₹265.00 Cr against net profit of ₹112.00 Cr. Cash flow covered 2.37 times reported profit. Cash generation supports the reported profit for this period; check whether this continues over several years.

Balance-sheet check

Reported borrowings were ₹284.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How to use the valuation and peer comparisons

The Intrinsic Value panel combines the available model estimates using the displayed weights. Earnings, cash-flow, dividend and asset-based methods can give very different answers. The displayed 12% cost of equity and 4% terminal growth assumptions apply where relevant; historical EPS growth is not a promise of future growth. Use the individual values and their spread to judge sensitivity.

The peer group follows the stored industry classification and may include different business models. Compare reporting periods, leverage and recurring earnings before interpreting a valuation gap. For banks and other financial businesses, capital adequacy and asset quality can be more informative than industrial-company cash-flow ratios.

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

Automatically generated interpretation of the stored financial data, not a separately researched analyst opinion. Missing data is not evidence of poor performance. New filings become available here after the existing data refresh process captures them.

Investment Snapshot

I G Petrochemicals Ltd scores 56/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health66/100 · Strong

ROCE 4.4% WeakROE 1.8% WeakD/E 0.19 Low debtInterest Coverage 6.3x StrongProfitable 5/5 available years Reported history

Smart Money65/100 · Strong

FII holding stable No changeDII holding up 0.65% MF buyingPromoter holding at 68.7% Stable

Earnings Quality65/100 · Strong

CFO/NP ratio: 1.52x Cash-backed earningsOPM contracting (18% → 8%) Declining

Quarterly Momentum15/100 · Weak

Revenue (4Q): -18% YoY DecliningProfit (4Q): -93% YoY DecliningOPM: 2.1% (down 6.1% YoY) Margin pressure

Industry Rank70/100 · Strong

P/E 17.7 vs industry 13.3 In-lineROCE 4.4% vs industry 2.3% Above peersROE 1.8% vs industry 1.0% Above peers3Y sales CAGR: 5% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores use stored reporting periods and are screening indicators, not investment recommendations. Missing health ratios are excluded. Broad industry groups and financial-sector accounting can limit comparability.

Share Price and Basic Stock Data

Last Updated: September 24, 2026, 2:35 am

Market Cap	1,814 Cr.
Current Price	589
Intrinsic Value	₹335.45
High / Low	594/315
Stock P/E	17.7
Book Value	429
Dividend Yield	0.85 %
ROCE	4.35 %
ROE	1.75 %
Face Value	10.0
PEG Ratio	-0.34

Understand these figures: how to read the P/E ratio, ROE versus earnings per share, and calculate intrinsic value.

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for I G Petrochemicals Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
I G Petrochemicals Ltd	1,814 Cr.	589	594/315	17.7	429	0.85 %	4.35 %	1.75 %	10.0
Mysore Petro Chemicals Ltd	96.1 Cr.	146	182/75.1	8.94	342	1.38 %	0.34 %	0.21 %	10.0
Industry Average	1,814.00 Cr	367.50		13.32	385.50	1.12%	2.34%	0.98%	10.00

All Competitor Stocks of I G Petrochemicals Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	518.31	604.98	555.29	501.75	488.05	553.98	585.14	582.96	558.05	480.08	470.05	465.34	465.32
Expenses	469.32	541.44	496.10	475.82	493.93	527.87	523.34	518.66	512.35	431.23	467.85	444.27	455.75
Operating Profit	48.99	63.54	59.19	25.93	-5.88	26.11	61.80	64.30	45.70	48.85	2.20	21.07	9.57
OPM %	9.45%	10.50%	10.66%	5.17%	-1.20%	4.71%	10.56%	11.03%	8.19%	10.18%	0.47%	4.53%	2.06%
Other Income	6.15	5.97	7.37	7.33	6.61	9.47	9.62	4.51	8.65	4.96	10.85	6.27	6.00
Interest	9.11	6.51	6.12	6.62	8.19	9.48	9.45	16.09	2.55	10.71	8.23	10.18	9.38
Depreciation	11.67	12.24	12.24	12.68	12.50	14.69	16.22	16.29	16.38	16.36	15.63	15.15	15.50
Profit before tax	34.36	50.76	48.20	13.96	-19.96	11.41	45.75	36.43	35.42	26.74	-10.81	2.01	-9.31
Tax %	25.99%	24.72%	26.02%	27.79%	-23.70%	19.37%	22.54%	22.29%	21.65%	21.58%	-24.05%	29.35%	-22.45%
Net Profit	25.43	38.22	35.66	10.08	-15.24	9.21	35.43	28.31	27.75	20.98	-8.21	1.42	-7.22
EPS in Rs	8.26	12.41	11.58	3.27	-4.95	2.99	11.51	9.19	9.01	6.81	-2.67	0.46	-2.34

Last Updated: March 4, 2026, 9:12 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 11:46 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	1,204	1,187	953	1,037	1,144	1,304	1,059	1,124	1,883	2,352	2,099	2,206	1,881
Expenses	1,144	1,106	839	869	877	1,078	987	825	1,476	2,034	1,994	1,984	1,799
Operating Profit	61	80	113	168	267	226	72	299	407	318	105	223	82
OPM %	5%	7%	12%	16%	23%	17%	7%	27%	22%	14%	5%	10%	4%
Other Income	-8	-14	4	3	4	-2	6	4	9	22	31	26	28
Interest	30	38	23	18	15	11	16	15	13	24	30	39	38
Depreciation	18	16	18	21	26	26	30	34	44	47	52	65	63
Profit before tax	4	11	77	132	231	186	32	254	359	269	54	144	9
Tax %	20%	21%	21%	23%	37%	37%	34%	25%	26%	25%	26%	22%
Net Profit	3	9	60	102	147	116	21	190	267	200	40	112	7
EPS in Rs	1.02	2.89	19.60	33.10	47.59	37.82	6.83	61.54	86.61	65.05	12.89	36.52	2.26
Dividend Payout %	0%	35%	10%	9%	8%	11%	29%	12%	12%	15%	58%	27%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	200.00%	566.67%	70.00%	44.12%	-21.09%	-81.90%	804.76%	40.53%	-25.09%	-80.00%	180.00%
Change in YoY Net Profit Growth (%)	0.00%	366.67%	-496.67%	-25.88%	-65.21%	-60.81%	886.66%	-764.24%	-65.62%	-54.91%	260.00%

I G Petrochemicals Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	6%
5 Years:	16%
3 Years:	5%
TTM:	-2%

Compounded Profit Growth
10 Years:	14%
5 Years:	41%
3 Years:	-26%
TTM:	74%

Stock Price CAGR
10 Years:	15%
5 Years:	13%
3 Years:	-9%
1 Year:	-34%

Return on Equity
10 Years:	16%
5 Years:	15%
3 Years:	9%
Last Year:	9%

Last Updated: September 5, 2025, 6:50 am

Balance Sheet

Last Updated: July 2, 2026, 4:00 am

Month	Mar 2015	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	31	31	31	31	31	31	31	31	31	31	31
Reserves	208	261	362	497	598	603	787	1,030	1,200	1,209	1,297	1,290
Borrowings	153	116	82	54	161	197	129	137	217	337	238	284
Other Liabilities	212	171	184	245	323	299	337	416	501	517	602	605
Total Liabilities	604	579	659	827	1,113	1,130	1,284	1,614	1,949	2,094	2,168	2,210
Fixed Assets	327	322	324	403	389	471	702	736	717	1,030	1,016	959
CWIP	1	4	11	26	216	267	41	18	232	3	41	173
Investments	0	0	19	90	113	55	58	123	269	252	242	196
Other Assets	276	252	305	308	395	336	483	737	731	809	868	882
Total Assets	604	579	659	827	1,113	1,130	1,284	1,614	1,949	2,094	2,168	2,210

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	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 +	74	70	95	198	147	84	145	155	234	37	265	102
Cash from Investing Activity +	-24	-6	-43	-129	-234	-99	-52	-150	-249	-115	-88	-71
Cash from Financing Activity +	-61	-64	-50	-67	58	35	-80	-14	21	48	-136	-96
Net Cash Flow	-10	-1	2	2	-30	20	12	-8	5	-30	41	-65
Free Cash Flow	47	60	67	137	-61	-78	93	66	5	-103	162	-45
CFO/OP	94%	76%	74%	94%	87%	127%	69%	58%	93%	43%	126%	100%

Free Cash Flow

Free cash flow reported in the stored cash-flow statement (₹ Cr)
Period	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Free Cash Flow	47.00	60.00	67.00	137.00	-61.00	-78.00	93.00	66.00	5.00	-103.00	162.00	-45.00

This table and the chart use the Free Cash Flow row from the same stored cash-flow statement. Free cash flow generally measures operating cash flow after capital expenditure; check the source definition and reporting basis. It is not operating profit minus borrowings.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	53	45	42	53	44	51	49	65	67	50	59	47
Inventory Days	49	32	45	47	47	52	42	81	45	34	42	64
Days Payable	100	72	77	83	75	92	89	124	87	76	79	98
Cash Conversion Cycle	2	5	10	17	16	11	3	21	25	8	21	13
Working Capital Days	-4	-6	8	20	19	11	1	20	30	9	8	12
ROCE %	12%	16%	25%	34%	46%	30%	6%	30%	35%	22%	5%	11%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	68.73%	68.74%	68.74%	68.74%	68.74%	68.74%	68.74%	68.74%	68.74%	68.74%	68.74%	68.74%
FIIs	3.74%	3.42%	3.00%	2.50%	2.73%	2.79%	3.09%	3.12%	2.96%	2.88%	2.92%	2.67%
DIIs	1.80%	1.79%	1.79%	2.16%	2.70%	2.64%	1.44%	0.96%	0.96%	1.20%	1.45%	1.61%
Public	25.74%	26.05%	26.47%	26.61%	25.84%	25.82%	26.73%	27.19%	27.35%	27.19%	26.89%	26.99%
No. of Shareholders	37,086	37,398	37,726	36,045	34,809	33,619	33,901	34,735	35,425	35,243	34,364	33,319

Shareholding Pattern Chart

No. of Shareholders

I G Petrochemicals Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Aditya Birla Sun Life Pure Value Fund	474,201	0.42	28.4	474,201	2025-04-22 15:56:57	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	35.29	12.83	64.94	85.88	61.08
Diluted EPS (Rs.)	35.29	12.83	64.94	85.88	61.08
Cash EPS (Rs.)	56.48	29.75	80.34	100.28	72.15
Book Value[Excl.RevalReserv]/Share (Rs.)	434.70	404.87	400.96	344.86	266.90
Book Value[Incl.RevalReserv]/Share (Rs.)	434.70	404.87	400.96	344.86	266.90
Revenue From Operations / Share (Rs.)	716.35	681.56	763.79	611.33	364.83
PBDIT / Share (Rs.)	79.42	44.13	110.28	134.27	98.03
PBIT / Share (Rs.)	58.24	27.21	94.88	119.87	86.96
PBT / Share (Rs.)	45.64	17.34	87.12	115.69	82.03
Net Profit / Share (Rs.)	35.29	12.83	64.94	85.88	61.08
NP After MI And SOA / Share (Rs.)	35.29	12.83	64.94	85.88	61.08
PBDIT Margin (%)	11.08	6.47	14.43	21.96	26.87
PBIT Margin (%)	8.12	3.99	12.42	19.60	23.83
PBT Margin (%)	6.37	2.54	11.40	18.92	22.48
Net Profit Margin (%)	4.92	1.88	8.50	14.04	16.74
NP After MI And SOA Margin (%)	4.92	1.88	8.50	14.04	16.74
Return on Networth / Equity (%)	8.11	3.16	16.19	24.90	22.88
Return on Capital Employeed (%)	11.13	5.31	19.50	29.32	26.92
Return On Assets (%)	4.91	1.85	10.04	16.01	14.20
Long Term Debt / Equity (X)	0.12	0.18	0.13	0.10	0.10
Total Debt / Equity (X)	0.19	0.29	0.20	0.14	0.15
Asset Turnover Ratio (%)	1.02	1.02	1.31	1.28	0.91
Current Ratio (X)	1.46	1.51	1.64	1.81	1.33
Quick Ratio (X)	0.96	1.15	1.31	1.43	0.89
Inventory Turnover Ratio (X)	8.94	11.51	11.28	8.34	5.54
Dividend Payout Ratio (NP) (%)	21.24	77.93	15.39	8.73	3.27
Dividend Payout Ratio (CP) (%)	13.27	33.60	12.44	7.47	2.77
Earning Retention Ratio (%)	78.76	22.07	84.61	91.27	96.73
Cash Earning Retention Ratio (%)	86.73	66.40	87.56	92.53	97.23
Interest Coverage Ratio (X)	6.30	4.47	14.20	32.10	20.74
Interest Coverage Ratio (Post Tax) (X)	3.80	2.30	9.36	21.53	13.96
Enterprise Value (Cr.)	1390.98	1505.60	1323.01	2186.97	1328.04
EV / Net Operating Revenue (X)	0.63	0.71	0.56	1.16	1.18
EV / EBITDA (X)	5.69	11.08	3.90	5.29	4.40
MarketCap / Net Operating Revenue (X)	0.59	0.63	0.53	1.15	1.14
Retention Ratios (%)	78.75	22.06	84.60	91.26	96.72
Price / BV (X)	0.97	1.06	1.03	2.03	1.55
Price / Net Operating Revenue (X)	0.59	0.63	0.53	1.15	1.14
EarningsYield	0.08	0.02	0.15	0.12	0.14

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Frequently asked questions

What is the intrinsic value of I G Petrochemicals Ltd and is it undervalued?

I G Petrochemicals Ltd: the stored intrinsic value estimate is ₹337.40, compared with a stored share price of ₹589.00. The model value is 42.7% below that quote. The model classifies this as overvalued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation. The estimate uses the available valuation models and weights shown in the Intrinsic Value panel, including earnings, cash-flow and asset-based approaches where data permits. It is not a P/E-only calculation.

What share price and 52-week range are shown for I G Petrochemicals Ltd?

The stored share price is ₹589.00. Price-data record updated: 24 September 2026, 2:35 am +05:30. This is not a live quote. The stored 52-week high / low is 594/315; this is a rolling range, not a financial-year range.

How have I G Petrochemicals Ltd's revenue and profit changed?

Does I G Petrochemicals Ltd's profit convert into cash?

What should I check in I G Petrochemicals Ltd's balance sheet?

Reported borrowings were ₹284.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How should I compare I G Petrochemicals Ltd's P/E with other stocks?

The stored P/E is 17.70. Compare companies with similar business models, growth, leverage and accounting periods. The industry group on this page is broad, and its average can be affected by outliers. A lower P/E alone does not establish undervaluation.

What could change I G Petrochemicals Ltd's intrinsic value estimate?

Changes in sustainable earnings, cash generation, capital needs, debt and share count can change the estimate. The displayed model uses a 12% cost of equity and 4% terminal growth assumption where applicable. Higher discount rates or weaker growth generally reduce discounted values. Compare the individual model values and weights, and verify fresh filings before relying on the result.