MarketFriction

India Glycols Ltd

NSE INDIAGLYCO · BSE 500201 · Breweries & Distilleries
₹298.80 -2.80%
NSE close2026-10-01
52 week range217.00 - 1,222.00
Market cap₹2,043 Cr.
P/E6.44
Microcap 250 Price band 20% Delivery 33.3%

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7759049269699619758631,0401,0921,1029761,130
Expenses679802822843845852717891935927810961
Operating Profit96102105126116124146150158175166170
OPM %12%11%11%13%12%13%17%14%14%16%17%15%
Other Income1291014151913201431421
Interest293133364044454549472625
Depreciation282626282827333438414142
Profit before tax50545676637182918491112123
Tax %24%23%24%20%22%20%22%19%22%25%23%21%
Net Profit384242605057647365688797
EPS in Rs6.136.716.819.748.029.1610.3311.8110.5110.0912.9714.45
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,3242,5003,0343,3572,7352,3172,8682,6513,2943,7684,2114,301
Expenses2,1492,2632,7122,9412,4332,0262,5992,3462,8793,2573,5623,632
Operating Profit175237322416303291269305415511649669
OPM %8%9%11%12%11%13%9%12%13%14%15%16%
Other Income-477231724152605430615051
Interest139127125143978370100121164167148
Depreciation6972737678808094101115155163
Profit before tax-8145147213153143379165223292377410
Tax %-30%22%34%38%25%8%10%15%23%21%22%
Net Profit-573597133115132340141173231293316
EPS in Rs-9.165.6515.5721.3918.4921.2354.8120.1727.9037.2543.7048.02
Dividend Payout %0%9%13%14%16%14%7%19%14%13%17%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth6%13%17%12%
Compounded Profit Growth74%14%39%30%
Stock Price CAGR37%29%60%73%
Return on Equity10%10%10%11%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital313131313131313131313134
Reserves2666877218149321,0031,1381,7611,8702,0202,2252,899
Borrowings2,2641,2361,0958341,0009991,1371,0471,1121,3481,8921,691
Other Liabilities5931,6651,6451,7421,8212,0531,8141,7921,8452,2182,0291,900
Total Liabilities3,1543,6203,4923,4213,7844,0864,1194,6314,8585,6176,1766,523
Fixed Assets1,1462,0292,1112,1562,1732,2282,1932,3182,7173,2053,8294,554
CWIP1621819189137172126243125849837
Investments4282524212627336318335381389
Other Assets1,8431,3821,2651,1521,4531,6601,7741,7341,6981,9931,8671,543
Total Assets3,1543,6203,4923,4213,7844,0864,1194,6314,8585,6176,1766,523
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-1711,231302502147343137116326439362769
Cash from Investing Activity175-78-40-103-128-151-14876-330-503-736-767
Cash from Financing Activity-4-1,168-263-3993-21611-189-19035423
Net Cash Flow-0-15-1-022-23-04-525-2025
Free Cash Flow-531,1372603739193-11-264-109-103-391-47
CFO/OP-136%705%127%156%37%127%53%51%123%108%75%122%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days625757403576575159433530
Inventory Days10912812987124146166148209224209139
Days Payable55120144152143155158137209222175123
Cash Conversion Cycle1156642-251767656260447047
Working Capital Days-110-94-117-78-50-64-79-31-46-63-56-49
ROCE %3%5%9%15%20%14%10%9%8%11%12%12%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters61.02%61.02%61.02%61.02%61.02%61.02%61.02%61.02%61.02%59.63%59.63%59.63%
FIIs1.29%1.57%1.80%1.75%2.90%2.44%2.24%3.44%2.62%2.42%2.27%2.24%
DIIs0.06%0.11%0.08%0.09%1.93%2.00%0.91%1.39%1.34%5.22%5.19%5.21%
Public37.63%37.30%37.11%37.15%34.15%34.54%35.82%34.15%35.04%32.72%32.91%32.91%
No. of Shareholders47,47647,25959,57957,76854,75162,40859,73655,14954,86354,30152,84852,968

Fundamentals

Market Cap₹ 2,043 Cr.
Current Price₹ 304
Stock P/E6.44
Book Value₹ 438
ROCE12.4 %
ROE11.3 %
Dividend Yield2.46 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)12%
Compounded Profit Growth (TTM)30%
Consolidated figures.
Valuation
Market capRs 2,003 Cr
Enterprise valueRs 3,644 Cr
P/E (TTM)6.33x
Price to book0.68x
Price to sales0.47x
EV / EBITDA5.06x
EV / EBIT6.54x
EV / sales0.85x
Price to cash flow2.60x
Earnings yield15.80%
Dividend yield2.51%
P/E, 3-year average2.37x
P/B, 3-year average0.23x
P/E, 5-year average1.94x
P/B, 5-year average0.20x
Profitability
Operating margin (excl. other income)15.42%
Operating margin (incl. other income)16.62%
EBITDA margin16.75%
Pre-tax margin9.52%
Net profit margin7.35%
Net margin, latest quarter8.57%
ROE11.28%
ROCE12.41%
ROA4.61%
ROE, 3-year average10.25%
ROCE, 3-year average11.75%
ROA, 3-year average3.94%
ROE, 5-year average12.10%
ROCE, 5-year average12.35%
ROA, 5-year average4.45%
ROIC (approx.)9.46%
Tax rate22.39%
Other income / net worth1.72%
Growth
Sales growth (latest year)11.76%
Profit growth (latest year)26.78%
Sales CAGR, 3 years16.68%
Sales CAGR, 5 years12.69%
Profit CAGR, 3 years32.77%
Profit CAGR, 5 years17.34%
Sales growth QoQ15.78%
Profit growth QoQ11.45%
Sales growth YoY (latest quarter)8.64%
Profit growth YoY (latest quarter)32.19%
Per share
EPS (TTM)Rs 47.20
EPS (latest year)Rs 43.68
EPS (latest quarter)Rs 14.45
EPS, 3-year averageRs 58.04
EPS, 5-year averageRs 64.86
Book value per shareRs 437.55
Sales per shareRs 641.73
Cash flow per shareRs 114.75
Free cash flow per shareRs -7.01
Dividend per share (latest year)Rs 7.50
Dividend per share, 3-year averageRs 8.50
Dividend per share, 5-year averageRs 8.10
Dividends
Dividend payout17.17%
Dividend payout, 3-year average14.96%
Dividend payout, 5-year average14.06%
Efficiency
Asset turnover0.65x
Fixed asset turnover0.92x
Inventory turnover3.58x
Inventory days102 days
Debtor days30 days
Debtors turnover11.98x
Creditor days123 days
Cash conversion cycle47 days
Working capital days-49 days
Leverage
Total debtRs 1,691 Cr
Cash and bankRs 50 Cr
Net debtRs 1,641 Cr
Debt to equity0.58x
Net debt / EBITDA2.28x
Interest coverage3.77x
Current ratio (filing 2026-03-31)0.74x
Quick ratio (filing 2026-03-31)0.30x
Trade payables (filing 2026-03-31)Rs 788 Cr
Owners' fund to total sources44.96%
Debt to assets25.92%
Cash flow
Cash from Operating Activity (latest year)Rs 769 Cr
Cash from Investing Activity (latest year)Rs -767 Cr
Cash from Financing Activity (latest year)Rs 23 Cr
Net Cash Flow (latest year)Rs 25 Cr
Free cash flow (latest year)Rs -47 Cr
FCFE (approx.: FCF + change in debt)Rs -248 Cr
Cash from ops / profit, 5 years1.71x
Sales to cash flow5.48x
Statement figures
Net sales (TTM)Rs 4,301 Cr
Net sales (latest year)Rs 4,211 Cr
Sales (latest quarter)Rs 1,130 Cr
Operating profit excl. other income (latest year)Rs 649 Cr
Operating profit (latest quarter)Rs 170 Cr
Other income (TTM)Rs 51 Cr
EBITDA (TTM)Rs 721 Cr
PBDT (TTM)Rs 573 Cr
Profit before tax (TTM)Rs 410 Cr
Tax (latest year)Rs 84 Cr
Net profit (TTM)Rs 316 Cr
Net profit (latest year)Rs 293 Cr
Net profit (latest quarter)Rs 97 Cr
Depreciation (TTM)Rs 163 Cr
Depreciation (latest quarter)Rs 42 Cr
Interest (TTM)Rs 148 Cr
Cost of goods sold (latest year)Rs 3,190 Cr
Total expenditure (latest year)Rs 3,562 Cr
Total income (latest year)Rs 4,262 Cr
Share capitalRs 34 Cr
ReservesRs 2,899 Cr
Shareholders' fundsRs 2,933 Cr
Total assetsRs 6,523 Cr
Net blockRs 4,554 Cr
Capital work in progressRs 37 Cr
InvestmentsRs 389 Cr
ReceivablesRs 351 Cr
InventoryRs 891 Cr
Other liabilitiesRs 1,900 Cr
Shares outstanding (crore)6.70
Ownership
Promoter holding59.63% (-1.39 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 6.3 is at the 11th percentile of its own 9.4-year range (median 17.4, low 4.8, high 57.7).
P/B 0.68 is at the 1th percentile (median 1.51).
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.
PeriodINDIAGLYCONifty 50Difference
1 week-2.4%-2.8% +0.4 pts
1 month-73.1%-6.8% -66.3 pts
3 months-72.2%-7.6% -64.6 pts
6 months-64.8%+0.4% -65.2 pts
1 year-65.0%-9.9% -55.1 pts
2 years-54.4%-13.6% -40.8 pts
3 years-14.6%+14.2% -28.8 pts
5 years-29.1%+27.9% -57.0 pts
7 mutual fund schemes hold about ₹16 Cr. Over three months 7 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
WOC Special Opp Fund0.49%10 +271%
Motilal Oswal Nifty Microcap 250 Index Fund0.27%7 +291%
Groww Nifty Total Market Index Fund0.01%0 +293%
Angel One Nifty Total Market Index Fund0.01%0 +293%
Mirae Asset Nifty Total Market Index Fund0.01%0 +293%
Bandhan Nifty Total Market Index Fund0.01%0 +293%
Motilal Oswal BSE 1000 Index Fund0.01%0 +332%

Red flags

F-score 7 of 8
lookRegulator order or action Regulator order or action 2026-04-15: India Glycols Limited has informed the Exchange about Action(s) taken or orders passed
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 ₹1,130 Cr +8.7% vs Jun 2025. Net profit ₹97 Cr +32.9%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-02Demerger
2026-03-23Interim Dividend - Rs 7.50 Per Share
2025-09-23Dividend - Rs 5 Per Share
2025-08-12Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share0.5000
2024-08-21Annual General Meeting/Dividend - Rs 8 Per Share
2023-09-05Annual General Meeting/Dividend - Rs 7.50 Per Share
2022-08-29Annual General Meeting/Dividend - Rs 7.50 Per Share
2021-09-16 Annual General Meeting/Dividend - Rs 6 Per Share
2020-09-16 Annual General Meeting
2020-03-11 Interim Dividend - Rs 6 Per Share
2019-08-13 Annual General Meeting/Dividend - Rs 6 Per Share
2018-07-26 Annual General Meeting/Dividend- Rs 4 Per Share
2017-08-23 Annual General Meeting/Dividend - Re 1/- Per Share
2016-09-16 Annual General Meeting
2015-08-21Annual General Meeting
2014-09-08Annual General Meeting / Final Dividend - Re 1/- Per Share
2013-09-05Annual General Meeting / Final Dividend - Rs 2/- Per Share
2013-03-14Interim Dividend Rs 4 Per Share
2012-09-03Annual General Meeting/Dividend Rs 3 Per Share
2011-09-13Annual General Meeting/Dividend Rs 1.50 Per Share
2010-08-06Annual General Meeting / Dividend Rs 1.50 Per Share
2009-08-06Agm/Div-Re.1/- Per Share
2008-07-30Agm/Dividend - 40%
2007-08-16Agm/Dividend-30%
2006-07-28Agm/Dividend-30%
DateTypeWhat it says
2026-10-01General UpdatesGeneral Updates
2026-09-22General UpdatesGeneral Updates
2026-09-16General UpdatesGeneral Updates-Intimation of Schedule of Plant Visit by investors/analysts.
2026-09-08UpdatesMaterial Update in Connection with Ennature Bio Pharma Limited.
2026-09-08UpdatesMaterial Update in Connection with IGL Spirits Limited.
2026-09-07UpdatesIntimation of Schedule of Analyst / Institutional Investor Meeting..
2026-09-07UpdatesMaterial Update in Connection with Ennature Bio Pharma Limited with reference to Observation letter no. NSE/LIST/48932 dated 17th November, 2025 and n...
2026-09-07UpdatesMaterial Update in Connection with IGL Spirits Limited with reference to Observation letter no. NSE/LIST/48932 dated 17th November, 2025 and no. DCS/A...
2026-09-02Investor PresentationInvestor Presentation
2026-09-02Investor PresentationInvestor Presentation
2026-09-02Investor PresentationInvestor Presentation
2026-09-02Investor PresentationInvestor Presentation
2026-09-01Change in ManagementChange in Management
2026-09-01UpdatesEffectiveness of the Scheme of Arrangement.
2026-08-28Concall / analyst meetSchedule of meet
2026-08-21UpdatesMaterial Update in Connection with IGL Spirits Limited with reference to Observationlefter no. NSE/LIST/48932 dated 17t November, 2025 and no.DCS/AMAL...
2026-08-21UpdatesMaterial Update in Connection with Ennature Bio Pharma Limited with reference toObservation letter no. NSE/LIST/48932 dated 17t November, 2025 and no....
2026-08-21Record DateRecord date for the purpose of Merger/HiveOff is 02-Sep-2026.
2026-08-21General UpdatesGeneral Updates
2026-08-20UpdatesReceipt of NCLT Order.
2026-08-20Concall / analyst meetTranscript
2026-08-19Shareholder meetingShareholders meeting
2026-08-19UpdatesClarification on BSE Query for Volume Movement.
2026-08-19Volume querySignificant increase in volume has been observed in India Glycols Limited. The Exchange, in order to ensure that investors have latest relevant inform...
2026-08-18Volume querySignificant increase in volume has been observed in India Glycols Limited. The Exchange, in order to ensure that investors have latest relevant inform...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Trade dateShares sold short
2026-09-301
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-07-27NCLTM/s India Glycols Limited Vs M/s Coromandel Agrico Pvt Ltd.
2021-07-02NCLTIndia Glycols Ltd Vs Yogi Crop Dciences Pvt Ltd
2021-03-18NCLTM/s India Glycols Limited Vs M/s Coromandel Agrico Pvt Ltd.
2021-01-05NCLTIndia Glycols Ltd Vs Yogi Crop Dciences Pvt Ltd
2020-03-18NCLTIndia Glycols Ltd Vs Yogi Crop Dciences Pvt Ltd
2020-03-04NCLATIndia Glycols Ltd. VS Competition Commission of India & Ors.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Close to Close price movement greater than 25perc in previous 1 month

Quick answers

What is the market cap of India Glycols Ltd?

India Glycols Ltd (INDIAGLYCO) has a market capitalisation of Rs 2,043 Cr. at the 2026-10-01 close.

What is the P/E ratio of India Glycols Ltd?

India Glycols Ltd trades at a P/E of 6.44 on trailing twelve-month profit, at the 2026-10-01 close.

What were India Glycols Ltd's latest quarterly results?

In the Jun 2026 quarter, India Glycols Ltd sales was Rs 1,130 Cr (+8.7% vs Jun 2025) and net profit was Rs 97 Cr.

What is the 52-week high and low of India Glycols Ltd?

The 52-week high is Rs 1,222.00 and the 52-week low is Rs 217.00.

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