IGPL

What IG Petrochemicals promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 12 tracked 0 delivered 2 missed 10 open
  • DEP Capacity missed said Q4 FY26 Promised: 12,000 tons Q1 FY27: Previously marked as 'achieved' based on Q4 FY26 statement of 12,000 tons capacity. However, Q1 FY27 report states the debottlenecked capacity is 10,000 TPA, which misses the original promise. This represents a contradiction or walk-back of the previous claim.
  • Plasticizer Plant Production (FY27) delayed said Q4 FY26 Promised: 24,000 to 25,000 tons Q1 FY27: Commercial production is now expected to start before September 2026 (Q2/Q3), a delay from the start of the fiscal year. The new guidance for the remaining ~6-7 months of FY27 implies a total volume lower than the original 9-month target.
  • Spread over market margin on track said Q4 FY26 Promised: $100 to $120 Q1 FY27: Management confirmed they benefit from an additional $100-$150 spread over market due to operating efficiency and byproduct sales, which is in line with or better than the promised $100-$120.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 12 tracked commitments for IG Petrochemicals — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens