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IGIL - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.2

Last Updated Time : 04 May 26, 11:18 am

Fundamental Rating: 4.2

Stock Code IGIL Market Cap 14,951 Cr. Current Price 346 ₹ High / Low 442 ₹
Stock P/E 27.3 Book Value 58.4 ₹ Dividend Yield 0.72 % ROCE 30.7 %
ROE 23.2 % Face Value 2.00 ₹ DMA 50 338 ₹ DMA 200 346 ₹
Chg in FII Hold -1.01 % Chg in DII Hold 0.94 % PAT Qtr 132 Cr. PAT Prev Qtr 139 Cr.
RSI 50.7 MACD 6.62 Volume 3,10,719 Avg Vol 1Wk 3,06,171
Low price 287 ₹ High price 442 ₹ PEG Ratio 0.89 Debt to equity 0.01
52w Index 37.9 % Qtr Profit Var 17.8 % EPS 12.7 ₹ Industry PE 18.9

Financials: India Glycols Ltd (IGIL) demonstrates strong fundamentals with ROCE at 30.7% and ROE at 23.2%. EPS of ₹12.7 supports profitability, while quarterly PAT of ₹132 Cr. shows stability compared to ₹139 Cr. in the previous quarter. Debt-to-equity ratio of 0.01 reflects a near debt-free balance sheet.

Valuation: P/E of 27.3 is above industry average (18.9), indicating premium valuation. PEG ratio of 0.89 suggests reasonable growth-adjusted pricing. Dividend yield of 0.72% provides modest income support.

Business Model: IGIL operates in specialty chemicals and industrial alcohol, with competitive advantage in diversified product lines and strong domestic demand.

Entry Zone: Attractive entry between ₹330–₹350, near DMA 50 (₹338) and DMA 200 (₹346). Long-term holding favorable due to strong fundamentals and low leverage.

Positive

- Strong ROCE (30.7%) and ROE (23.2%) highlight efficient capital use

- Debt-to-equity ratio of 0.01 ensures financial stability

- PEG ratio of 0.89 indicates fair growth potential

- Dividend yield of 0.72% adds investor appeal

Limitation

- P/E of 27.3 is higher than industry average (18.9), suggesting overvaluation

- EPS of ₹12.7 is modest compared to valuation levels

- RSI at 50.7 shows neutral momentum

- Slight decline in quarterly PAT (₹139 Cr. → ₹132 Cr.)

Company Negative News

- Marginal decline in quarterly profits

- FII holdings reduced (-1.01%), showing foreign investor caution

Company Positive News

- DII holdings increased (+0.94%), reflecting domestic confidence

- Stable PAT despite sector volatility

Industry

- Specialty chemicals sector benefits from strong demand and industrial growth

- Industry P/E at 18.9 highlights IGIL trading at a premium

Conclusion

IGIL presents strong fundamentals with high ROE/ROCE, low debt, and fair growth valuation. While trading at a premium compared to industry peers, its stability and sector demand make it attractive for long-term investors. Entry around ₹330–₹350 offers a balanced risk-reward opportunity.

Would you like me to extend this into a benchmarking module comparing IGIL against peers like GNFC, Balrampur Chini, and other specialty chemical/alcohol producers, so you can see relative valuation and efficiency overlays?

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