MarketFriction

India Gelatine & Chemicals Ltd

BSE 531253 · Specialty Chemicals
₹369.40 -4.00%
BSE close2026-10-01
Market cap₹270 Cr.
P/E10.4

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales48.7347.8551.2150.0942.7152.5653.1639.1046.9044.8338.9845.68
Expenses41.1540.2743.7644.2439.0148.4545.6531.2038.2737.1533.9836.25
Operating Profit7.587.587.455.853.704.117.517.908.637.685.009.43
OPM %15.56%15.84%14.55%11.68%8.66%7.82%14.13%20.20%18.40%17.13%12.83%20.64%
Other Income1.912.541.652.321.871.681.802.201.842.022.342.43
Interest0.200.130.280.170.110.120.280.110.110.090.170.08
Depreciation1.191.181.721.341.361.421.381.151.161.061.141.13
Profit before tax8.108.817.106.664.104.257.658.849.208.556.0310.65
Tax %31.85%11.46%29.30%24.32%24.63%16.00%25.49%19.80%30.00%16.96%25.70%24.04%
Net Profit5.527.815.025.043.093.565.717.086.447.104.488.08
EPS in Rs7.7811.017.087.114.365.028.059.989.0810.016.3211.39
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales937498112132144160205206199170176
Expenses897496107124135152172171177141146
Operating Profit41257983335212931
OPM %4.8%0.8%1.6%4.9%6%6%4.8%16%17%11%17%17%
Other Income564434438889
Interest000000011100
Depreciation533334445654
Profit before tax53366973237233334
Tax %23%-5%16%-1%16%23%24%25%24%23%23%
Net Profit43265762428172526
EPS in Rs3.893.373.198.117.5610.027.9133.7040.0324.5235.3936.80
Dividend Payout %23%27%63%43%20%25%32%15%27%20%17%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth6%3%-6%-6%
Compounded Profit Growth26%29%-3%34%
Stock Price CAGR19%22%-2%14%
Return on Equity9%12%12%11%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital999777777777
Reserves109112115929597103108129147164186
Borrowings0000000010864
Other Liabilities353517171419172233221719
Total Liabilities154157141115116124127136180184195217
Fixed Assets474544424243404160696861
CWIP1010000142120
Investments13736303028343343445566
Other Assets9310460434453526273707170
Total Assets154157141115116124127136180184195217
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity174-415576918182128
Cash from Investing Activity38-27-19-1-3-6-8-21-8-17-23
Cash from Financing Activity-2-2-1-1-2-3-1-27-13-4-7
Net Cash Flow1810-32-521-1-13-3-0-2
Free Cash Flow171-7142254-65920
CFO/OP320%136%-675%971%105%136%81%146%70%79%120%125%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days122422171718242625222221
Inventory Days198187365209180178129130176182136182
Days Payable192254482352253660351920
Cash Conversion Cycle191189333178175144127120140169139183
Working Capital Days11113920611210290959566777882
ROCE %3%2%1%2%6%7%7%6%24%22%12%16%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters61.43%61.43%61.43%61.43%61.43%47.33%61.48%69.05%69.05%69.05%69.05%69.05%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.62%0.00%0.00%0.00%0.00%0.00%
DIIs0.01%0.01%0.01%0.01%0.01%0.03%0.79%0.01%0.01%0.01%0.01%0.01%
Public38.54%38.56%38.56%38.54%38.54%52.64%37.10%30.93%30.95%30.93%30.95%30.93%
No. of Shareholders5,7426,2337,1507,1617,1807,0006,5176,4156,3956,2486,1536,007

Fundamentals

Market Cap₹ 270 Cr.
Current Price₹ 381
Stock P/E10.4
Book Value₹ 273
ROCE15.9 %
ROE11.5 %
Dividend Yield1.57 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-6%
Compounded Profit Growth (TTM)34%
Standalone figures.
Valuation
Market capRs 262 Cr
Enterprise valueRs 256 Cr
P/E (TTM)10.04x
Price to book1.35x
Price to sales1.49x
EV / EBITDA6.49x
EV / EBIT7.33x
EV / sales1.45x
Price to cash flow9.42x
Earnings yield9.96%
Dividend yield1.62%
P/E, 3-year average11.40x
P/B, 3-year average1.49x
P/E, 5-year average11.23x
P/B, 5-year average1.32x
Profitability
Operating margin (excl. other income)17.21%
Operating margin (incl. other income)22.15%
EBITDA margin22.32%
Pre-tax margin19.52%
Net profit margin14.80%
Net margin, latest quarter17.69%
ROE13.75%
ROCE17.65%
ROA12.19%
ROE, 3-year average14.66%
ROCE, 3-year average18.68%
ROA, 3-year average12.32%
ROE, 5-year average13.60%
ROCE, 5-year average17.56%
ROA, 5-year average11.27%
ROIC (approx.)14.34%
Tax rate23.03%
Other income / net worth4.33%
Growth
Sales growth (latest year)-14.47%
Profit growth (latest year)44.34%
Sales CAGR, 3 years-6.12%
Sales CAGR, 5 years3.37%
Profit CAGR, 3 years1.65%
Profit CAGR, 5 years28.69%
Sales growth QoQ17.19%
Profit growth QoQ80.36%
Sales growth YoY (latest quarter)16.83%
Profit growth YoY (latest quarter)14.12%
Per share
EPS (TTM)Rs 36.80
EPS (latest year)Rs 35.39
EPS (latest quarter)Rs 11.39
EPS, 3-year averageRs 33.31
EPS, 5-year averageRs 28.31
Book value per shareRs 272.92
Sales per shareRs 248.71
Cash flow per shareRs 39.21
Free cash flow per shareRs 28.20
Dividend per share (latest year)Rs 5.99
Dividend per share, 3-year averageRs 7.33
Dividend per share, 5-year averageRs 5.89
Dividends
Dividend payout16.93%
Dividend payout, 3-year average21.59%
Dividend payout, 5-year average22.23%
Efficiency
Asset turnover0.78x
Fixed asset turnover2.79x
Inventory turnover3.32x
Inventory days110 days
Debtor days21 days
Debtors turnover17.22x
Creditor days20 days
Cash conversion cycle183 days
Working capital days82 days
Leverage
Total debtRs 4 Cr
Cash and bankRs 11 Cr
Net debtRs -6 Cr
Debt to equity0.02x
Net debt / EBITDA-0.16x
Interest coverage77.51x
Owners' fund to total sources89.14%
Debt to assets1.90%
Cash flow
Cash from Operating Activity (latest year)Rs 28 Cr
Cash from Investing Activity (latest year)Rs -23 Cr
Cash from Financing Activity (latest year)Rs -7 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs 20 Cr
FCFE (approx.: FCF + change in debt)Rs 18 Cr
Cash from ops / profit, 5 years0.94x
Sales to cash flow6.11x
Statement figures
Net sales (TTM)Rs 176 Cr
Net sales (latest year)Rs 170 Cr
Sales (latest quarter)Rs 46 Cr
Operating profit excl. other income (latest year)Rs 29 Cr
Operating profit (latest quarter)Rs 9 Cr
Other income (TTM)Rs 9 Cr
EBITDA (TTM)Rs 39 Cr
PBDT (TTM)Rs 39 Cr
Profit before tax (TTM)Rs 34 Cr
Tax (latest year)Rs 8 Cr
Net profit (TTM)Rs 26 Cr
Net profit (latest year)Rs 25 Cr
Net profit (latest quarter)Rs 8 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 117 Cr
Total expenditure (latest year)Rs 141 Cr
Total income (latest year)Rs 178 Cr
Share capitalRs 7 Cr
ReservesRs 186 Cr
Shareholders' fundsRs 194 Cr
Total assetsRs 217 Cr
Net blockRs 61 Cr
Capital work in progressRs 20 Cr
InvestmentsRs 66 Cr
ReceivablesRs 10 Cr
InventoryRs 35 Cr
Other liabilitiesRs 19 Cr
Shares outstanding (crore)0.71
Ownership
Promoter holding69.05% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 10.0 is at the 14th percentile of its own 9.4-year range (median 12.5, low 8.0, high 39.0).
P/B 1.35 is at the 63th percentile (median 0.79).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period531253Nifty 50Difference
1 week-2.6%-2.8% +0.2 pts
1 month+2.5%-6.8% +9.3 pts
3 months+5.0%-7.6% +12.6 pts
3 years-10.0%+14.2% -24.2 pts
5 years+160.3%+27.9% +132.4 pts

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹46 Cr +16.8% vs Jun 2025. Net profit ₹8 Cr +14.1%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of India Gelatine & Chemicals Ltd?

India Gelatine & Chemicals Ltd (531253) has a market capitalisation of Rs 270 Cr. at the 2026-10-01 close.

What is the P/E ratio of India Gelatine & Chemicals Ltd?

India Gelatine & Chemicals Ltd trades at a P/E of 10.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were India Gelatine & Chemicals Ltd's latest quarterly results?

In the Jun 2026 quarter, India Gelatine & Chemicals Ltd sales was Rs 46 Cr (+16.8% vs Jun 2025) and net profit was Rs 8 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03