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IG Petrochemicals share price & results

IG Petrochemicals Limited· Chemicals· Commodities

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's largest single-site Phthalic Anhydride (PAN) maker and country's sole Maleic Anhydride producer.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue618 ₹ crore+31.5% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin18.0 %+18.1 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit66.0 ₹ crore—Quarterly, as filedQuarter to Jun 2026Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown.
Return on equity6.06 %−7.9 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-3.12 %−8.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)-0.91 %−17.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

0 of 2 judged targets kept · 10 open · verdicts reflect calls analysed to Q1 FY27.

IG Petrochemicals Limited management guidance track record on Inve: 12 targets tracked across analysed earnings calls (0 achieved, 2 missed, 10 open).

TargetOriginal wordingSaidLatest callVerdict
DEP Capacity12,000 tons
Call transcript, Q4 FY26 · 21 May 2026		Q4 FY26Q1 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.
Call transcript, Q1 FY27 · 7 Aug 2026		Missed
Plasticizer Plant Production (FY27)24,000 to 25,000 tons
Call transcript, Q4 FY26 · 21 May 2026		Q4 FY26Q1 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.
Call transcript, Q1 FY27 · 7 Aug 2026		Delayed
Spread over market margin$100 to $120
Call transcript, Q4 FY26 · 21 May 2026		Q4 FY26Q1 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.
Call transcript, Q1 FY27 · 7 Aug 2026		On Track

Source: Inve Guidance Tracker for IG Petrochemicals Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

2 of IG Petrochemicals Limited's 12 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 9 more targets are in the full ledger.

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Price

₹530.1 +2.32% · +₹12

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +25.6% 1Y

₹400₹500₹600Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q4 FY26 — 21 May 2026Q1 FY27 — 7 Aug 2026

1Y: ₹422.05 on 24 Oct 2025 → ₹530.1. High ₹593.15 (25 Sept 2026), low ₹329 (4 Mar 2026).

Previous close
₹518.1
Market cap
₹1.6k Cr
52-week range
₹329 – ₹593.15
One year
+27.64%
Price to earnings (TTM to Jun 2026)
19.69×
Return on equity (TTM to Jun 2026)
6.06%

Overview

Symbol
NSE:IGPL
Sector
Chemicals
Industry
Commodities
Exchange
NSE
Currency
INR

What IG Petrochemicals Limited does

Based on the company's own presentations, annual report and earnings calls.

IG Petrochemicals manufactures Phthalic Anhydride (PAN) and its downstream/by-product chemicals — Maleic Anhydride (MAN), Benzoic Acid and Di-Ethyl Phthalate (DEP) — at a single integrated manufacturing complex in Taloja, Maharashtra, using Ortho-Xylene as feedstock. PAN is sold as an intermediate to makers of plasticizers, unsaturated polyester resins, alkyd resins, paints and CPC pigments, while MAN, Benzoic Acid and DEP are recovered from the same production stream and sold into pharmaceuticals, fragrances and personal-care applications. The company has forward-integrated into a new Plasticizer plant at the same site to capture PAN's largest downstream end-market, and is separately building a Compressed Biogas (CBG) plant as a green-chemistry/circular-economy initiative. Long-standing annual supply contracts with domestic chemical manufacturers, most located close to the plant, anchor its customer relationships.

Segments

  • Phthalic Anhydride (PAN) & co-products
  • Non-PAN / new businesses
Installed PAN capacity
270,000 MTPA across 5 plants at the Taloja complex
Market position
~50% share of India's PAN market; India's largest single-site PAN manufacturer and, per management, the world's second-largest PAN producer
Maleic Anhydride production
India's sole domestic MAN producer, with 4 dedicated MAN plants paired to the PAN plants
Manufacturing site
Single integrated complex in MIDC Taloja, Raigad, Maharashtra, near major ports
DEP capacity
12,000 tonnes/annum, after debottlenecking
Plasticizer plant capacity
Up to 100,000 tonnes/annum (DOP/DINP/DIPP); mechanical completion achieved March 2026
Founded 1988Headquarters Registered office: Panaji, Goa; Corporate office: Nariman Point, Mumbai; manufacturing complex at Taloja, Raigad, MaharashtraEmployees 500 (2025-03-31) Company website

How the price took the results

close before → close after

Q1 FY27
−2.0%
7 Aug
Q4 FY26
−1.2%
21 May

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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