NSE: IGPL | BSE: 500199

Mid-range Performer

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412.30 5.40 (1.33%)

High volume today

NSE 18 Mar, 2025 3:31 PM (IST)

1,269.7

Market Cap

Below industry Median

1.1

Beta 1Year

High Volatility

I G Petrochemicals Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for IGPL, BSE:500199 I G Petrochemicals Ltd.

I G Petrochemicals Ltd.

28 May 2019

412.30

1.33%

BP Equities IG Petrochemicals Ltd Q4FY19 Result Update

Buy: I G Petrochemicals Ltd.

BP Wealth

IG Petrochemicals Ltd (IGPL), for Q4FY19, reported depressed performance. Revenue growth remains flat at 0.1% YoY to INR 3,131mn (est INR 3,221mn). EBITDA decline by 42.5% YoY to INR 367mn (est INR440mn) with 866bps YoY contraction in margin from 20.4% in Q4FY18 to 11.7% in Q4FY19 (est.13.6%) mainly due to decline in gross margins led by reduction in PAN/OX spread due to extreme volatility in raw material prices. During Q4FY19, production of PAN volume has grew by 11.6% on a sequential basis from 37,296MTn in Q3FY19 to 41,617MTn in Q4. However, on yearly basis, PAN volume grew by 7.3% due to customers resume buying which they had postponed during Q3 as stabilization in commodity prices. As we noticed stabilization in crude oil in recent months, we expect better volume uptick in going forward with improvement in margins on the back of increasing...

I G Petrochemicals Ltd. is trading at high day volume of 79793.00000.

I G Petrochemicals Ltd.

17 May 2019, 12:00AM

412.30

1.33%

Buy- Softening raw material prices to aid profitability

Buy: I G Petrochemicals Ltd.

Target

Prabhudas Lilladhar

IGPL with PAN capacities coming on stream by the end of CY19 is well placed to capitalize on domestic opportunities. However, the near term consumption demand downturn remains a concern. Maintain BUY....

I G Petrochemicals Ltd. has lost -34.76% in the last 6 Months

I G Petrochemicals Ltd.

11 Feb 2019

412.30

1.33%

BP Equities IG Petrochemicals Ltd Q3FY19 Result U

Buy: I G Petrochemicals Ltd.

Target

BP Wealth

I G Petrochemicals Ltd. has lost -34.76% in the last 6 Months

I G Petrochemicals Ltd.

11 Feb 2019

412.30

1.33%

Q3FY19 Result Update - After a weak Q3, on a recovery mode

Buy: I G Petrochemicals Ltd.

Target

Prabhudas Lilladhar

Strong downstream demand from diverse user industries and limited global capacity additions to help sustain PAN demand. We lower our FY20/21E estimates to factor in lower EBIDTA margins (17% vs 20% earlier) and delay in commissioning of new project. IGPL's planned...

I G Petrochemicals Ltd. has lost -34.76% in the last 6 Months

I G Petrochemicals Ltd.

16 Nov 2018

412.30

1.33%

BP Equities IG Petrochemicals Ltd Q2FY19 Result U

Buy: I G Petrochemicals Ltd.

Target

BP Wealth

I G Petrochemicals Ltd. is trading at high day volume of 79793.00000.

I G Petrochemicals Ltd.

10 Sep 2018

412.30

1.33%

Pick of the Week:10 SEP 2018

Buy: I G Petrochemicals Ltd.

Target

Axis Direct

I G Petrochemicals L.. has an average target of 611.00 from 1 broker.

I G Petrochemicals Ltd.

05 Sep 2018

412.30

1.33%

Result Update:I G Petrochems

Buy: I G Petrochemicals Ltd.

Target

Axis Direct

IG Petrochemicals (IGPL) in Q1FY19 posted revenues of Rs. 351 Cr (19%/12% YoY/QoQ) due to steady production of Phthalic Anhydride (PA) led by strong demand in end user industries.

I G Petrochemicals L.. has an average target of 611.00 from 1 broker.

I G Petrochemicals Ltd.

07 Aug 2018

412.30

1.33%

BP Equities IG Petrochemicals Ltd Q1 FY19

Buy: I G Petrochemicals Ltd.

Target

BP Wealth

mainly due to favorable PAN/OX spread. During Q1FY19, production of PAN volume has shown 8.1% growth on the sequential basis from 37,000 in Q4FY18 to 40,000 in Q1.On a sequential basis EBITDA margin shown solid improvement (20.4% in Q4FY18) due to the higher gross margin of 35.5% com- Sector Outlook...

I G Petrochemicals Ltd. has lost -27.94% in the last 3 Months

I G Petrochemicals Ltd.

07 Aug 2018

412.30

1.33%

IG Petro

Buy: I G Petrochemicals Ltd.

Target

KRChoksey

Robust growth on back of capacity addition plans: During Q1FY19, net sales for the company came in at INR 3509 mn as against INR 2959 mn in Q1FY18 and INR 3128 mn in Q4FY18. The growth in the top line was attributed by higher realizations coupled with increased infrastructural activities driving demand for Phthalic Anhydride (PAN). Further, on account of Company's dominant presence in India combined with capacity expansion plans (PAN addition of 53,000 Tons Per Annum) and foray into downstream products (plasticizers), we believe IGPL would be one of the key beneficiaries in favorable market scenario. Likewise, we expect...

I G Petrochemicals Ltd. is trading at high day volume of 79793.00000.

No results found

Is I G Petrochemicals Ltd. worth buying?

195 Votes:

Buy 81.54%

Sell 12.82%

Hold 5.64%

RESEARCH REPORTS

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Buy SEE REPORTS >

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