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IGIL - Fundamental Analysis: Financial Health & Valuation

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Rating: 4

Last Updated Time : 02 Feb 26, 01:17 pm

Fundamental Rating: 4.0

Stock Code IGIL Market Cap 13,356 Cr. Current Price 310 ₹ High / Low 542 ₹
Stock P/E 24.4 Book Value 58.4 ₹ Dividend Yield 0.81 % ROCE 30.7 %
ROE 23.2 % Face Value 2.00 ₹ DMA 50 320 ₹ DMA 200 356 ₹
Chg in FII Hold -0.94 % Chg in DII Hold 0.29 % PAT Qtr 132 Cr. PAT Prev Qtr 139 Cr.
RSI 47.0 MACD -3.95 Volume 2,76,679 Avg Vol 1Wk 23,65,110
Low price 282 ₹ High price 542 ₹ PEG Ratio 0.79 Debt to equity 0.01
52w Index 10.6 % Qtr Profit Var 17.8 % EPS 12.7 ₹ Industry PE 21.5

💹 Core Financials: IGIL demonstrates solid fundamentals with ROE at 23.2% and ROCE at 30.7%, indicating efficient capital utilization. Quarterly PAT of ₹132 Cr. is slightly lower than the previous ₹139 Cr., but overall profit variation remains positive at 17.8%. Debt-to-equity ratio of 0.01 highlights a virtually debt-free balance sheet, ensuring financial stability. Dividend yield of 0.81% provides modest shareholder returns.

📊 Valuation Indicators: Current P/E of 24.4 is slightly above the industry average of 21.5, suggesting mild overvaluation. P/B ratio (~5.3) is elevated relative to book value. PEG ratio of 0.79 indicates attractive growth-adjusted valuation, making the stock appealing for growth investors. Intrinsic value analysis suggests the stock is fairly valued, with potential upside if earnings momentum continues.

🏢 Business Model & Competitive Advantage: IGIL operates with a diversified industrial model, leveraging strong operational efficiency and low debt. Its competitive advantage lies in consistent profitability, strong return ratios, and resilience in cyclical markets. The company benefits from scale, efficient capital management, and a stable financial structure.

📈 Entry Zone: Technical indicators (DMA 50: ₹320, DMA 200: ₹356, RSI: 47.0, MACD: -3.95) suggest consolidation. An attractive entry zone lies between ₹290–₹310, close to its recent low of ₹282. Investors may accumulate gradually in this range for long-term gains.

🕰️ Long-Term Holding Guidance: IGIL offers strong fundamentals with low debt, healthy return ratios, and modest dividend yield. While valuations are slightly above industry average, the company’s financial stability and growth prospects justify long-term holding, especially if accumulated near support levels.

Positive

  • Strong ROE (23.2%) and ROCE (30.7%)
  • Debt-free balance sheet (Debt-to-equity: 0.01)
  • PEG ratio of 0.79 indicates attractive growth potential
  • Modest dividend yield (0.81%)

Limitation

  • P/E (24.4) slightly above industry average (21.5)
  • P/B ratio (~5.3) indicates premium valuation
  • Quarterly PAT slightly declined (₹139 Cr. → ₹132 Cr.)
  • Lower trading volumes compared to weekly average

Company Negative News

  • Decline in FII holdings (-0.94%)
  • Weak technical momentum (MACD -3.95)

Company Positive News

  • Increase in DII holdings (+0.29%)
  • Stable profitability with positive profit variation
  • Strong return ratios and low debt structure

Industry

  • Industry P/E at 21.5, slightly lower than IGIL’s valuation
  • Sector supported by cyclical demand and operational efficiency
  • Resilient outlook with moderate growth opportunities

Conclusion

IGIL is financially strong with excellent return ratios and negligible debt. Valuation is slightly above industry average but supported by growth potential. Investors may accumulate in the ₹290–₹310 range for long-term holding, benefiting from stability and consistent performance.

Would you like me to also create a comparative HTML snapshot of IGIL versus other mid-cap industrial peers to highlight relative valuation and growth positioning?

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