I G Petrochemicals Limited Share Price and Company Fundamentals



Price
₹589.2
Change
0.450 (0.076%)
52 week
512.1 - 1018.6

Last traded: Today at 9:59 AM

I G Petrochemicals Limited manufactures and sells organic chemicals in India and internationally. It offers phthalic anhydride that is used in the production of plasticizers, unsaturated polyester resins, alkyd resins, paints, and CPC pigments. The company also provides maleic anhydride, an organic compound used in the production of unsaturated polyester resins, coatings, pharmaceuticals, surfactants, additive of plastics, lubricating oil additives, and agricultural chemicals, as well as for the water treatment detergents, insecticides, and fungicides. In addition, it offers benzoic acid, an organic compound used in the manufacture of paints, dyes, plastics, and unsaturated polyester resins. The company was incorporated in 1988 and is based in Mumbai, India.

Key Metrics

PE ratio

6.94

PB ratio

1.73

Dividend yield

1.70%

Beta

1.36

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSpecialty Chemicals / Basic Materials
Websitehttps://www.igpetro.com
Mailing address401-404, Raheja Centre Free Press Journal Marg 214, Nariman Point Mumbai 400021 India
Phone / Fax91 22 4058 6100 / 91 22 2204 0747

Dividends

Dividend yield

1.70%

Dividend amount

₹10.00

Payout ratio

8.73%

5Y Avg. yield

1.23%

I G Petrochemicals Limited paid ₹10.00 dividend and the ex-dividend date was 15 July 2021.The dividend payout ratio is 8.73%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.IGPL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

IGPL's forward dividend amount is ₹7.5 and the forward dividend yield is 1.27%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on I G Petrochemicals Limited.

NameTitleAgeTotal Pay
Mr. Nikunj DhanukaMD, CEO & Exec. Director5452.48M
Mr. Jitendra Vishwanath K. Saboo B.Com., LL.B.Exec. Director697.14M
Mr. Pramod BhandariChief Financial Officer
Mr. Sudhir R. SinghCompliance Officer & Company Sec.

Profitability and management effectiveness

Profit margin

14.05%

Operating margin

19.24%

Return on assets

15.22%

Return on equity

28.08%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of I G Petrochemicals Limited is and its enterprise value is .

The IGPL's stocks Beta value is 1.36 making it 36% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

I G Petrochemicals Limited (NSE:IGPL) Frequently Asked Questions

1. What is I G Petrochemicals Limited's Stock Symbol?

I G Petrochemicals Limited trades on NSE under the ticker symbol "IGPL".

2. What is I G Petrochemicals Limited's stock price today?

One share of IGPL stock can currently be purchased for approximately ₹589.2.

3. How can I contact I G Petrochemicals Limited?

I G Petrochemicals Limited's mailing address is 401-404, Raheja Centre Free Press Journal Marg 214, Nariman Point Mumbai 400021 India. The company can be reached via phone at 91 22 4058 6100.

4. What is I G Petrochemicals Limited's official website?

The official website of I G Petrochemicals Limited is https://www.igpetro.com.