I G Petrochemicals Ltd

I G Petrochemicals Ltd

Next 500 2024
+ 9 More
+ 9 More
OVERVIEW
FINANCIALS

About

IG Petrochemicals Limited is a leading manufacturer of Phthalic Anhydride (PAN), a key raw material used in the production of plastics, paints, and dyes. As one of the largest producers of PAN in India, the company has leveraged economies of scale and advanced manufacturing processes to maintain a competitive edge. Their focus on operational efficiency and sustainability has reinforced their position in the petrochemical industry.

Incorporation Year: 1988
Headquarters: Mumbai, Maharashtra
Top Management: Mr. Sanjay Mitha (Managing Director)
Industry: Chemicals
Website: igpetro.com

Featured In Fortune India Ranking

Next 500 India
#164(2024)#145(2023)#221(2022)#233(2021)#186(2020)#206(2019)#282(2018)#291(2017)#177(2016)#168(2015)
#164(2024)#145(2023)#221(2022)#233(2021)#186(2020)#206(2019)#282(2018)#291(2017)#177(2016)#168(2015)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
2,145
(INR Cr)
Net Operating Income
2,099
(INR Cr)
Assets
1,620
(INR Cr)
Profit
40
(INR Cr)
Net Worth
1,247
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
2145
-9.9%
2380
26.4%
1883
65.5%
1138
7.1%
1062
-19.8%
1324
15.8%
1143
11.6%
1025
5.3%
973
-15.5%
1152
-7.2%
1241
26.4%
982
10.9%
886
35.4%
654
19.5%
547
-1.5%
555
-
Net Operating Income
(INR Cr)
2099
-10.77%
2352
24.94%
1883
67.56%
1124
6.14%
1059
-18.80%
1304
13.94%
1144
10.28%
1037
8.88%
953
0.00%
1187
-1.47%
1204
24.11%
970
9.51%
886
40.36%
631
16.50%
542
-2.63%
556
-5.04%
Profit
(INR Cr)
40
-80.3%
200
-24.4%
265
40.6%
188
800.9%
21
-82.1%
117
-20.0%
146
43.8%
102
68.8%
60
576.3%
9
184.4%
3
1.6%
3
-76.8%
13
0.5%
13
-51.6%
27
1954.1%
1
-
Assets
(INR Cr)
1620
8.5%
1493
20.5%
1239
23.9%
1000
12.8%
887
4.4%
849
29.7%
655
37.6%
476
16.2%
409
4.1%
393
-16.0%
468
8.5%
432
39.0%
311
7.5%
289
-1.6%
294
7.0%
274
-
Net Worth
(INR Cr)
1247
1.0%
1235
16.3%
1062
29.2%
822
29.9%
633
0.6%
629
19.2%
528
34.8%
392
34.3%
292
0.0%
234
-0.4%
235
1.4%
232
1.4%
229
6.2%
215
6.6%
202
16.4%
174
0.8%
Employee Cost
(INR Cr)
81
-0.7%
82
8.8%
75
6.3%
71
17.5%
60
-2.7%
62
10.9%
56
42.7%
39
31.3%
30
4.5%
28
13.3%
25
2.9%
24
30.8%
19
21.8%
15
0.1%
15
10.2%
14
-
Interest Cost
(INR Cr)
30241315161215182338301715141521
Cash & Bank Balance
(INR Cr)
184192128744936223017182935308719
Total Debt
(INR Cr)
368254173165230194878211615320917216275459

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 1.8%8.4%14.0%16.5%2.0%8.8%12.8%9.9%6.2%0.8%0.3%0.3%1.5%2.0%5.0%0.2%
Profit As % Of Assets 2.4%13.4%21.4%18.8%2.4%13.8%22.3%21.4%14.7%2.3%0.7%0.7%4.3%4.6%9.3%0.5%
Profit As % Of Networth 3.2%16.2%24.9%22.9%3.3%18.6%27.7%25.9%20.6%3.8%1.3%1.3%5.8%6.2%13.5%0.8%
Interest Cost to EBITDA % 28.9%7.5%3.2%4.9%22.4%5.6%5.6%10.9%20.0%64.5%71.2%57.4%34.7%32.2%26.8%61.8%
Debt to Equity Ratio 0.290.210.160.200.360.310.160.210.400.650.890.740.070.130.270.34
RONW 3.2%17.4%28.1%25.9%3.3%20.2%31.8%29.7%20.6%12.8%9.0%10.9%6.0%6.3%14.6%0.8%
ROCE 5.4%21.4%33.0%28.3%5.5%26.4%43.4%33.9%24.2%16.9%12.3%14.1%11.7%12.0%19.4%9.4%