Indogulf Cropsciences Ltd (IGCL) — shareholding pattern, promoter holding, financials and share price
About Indogulf Cropsciences Ltd (IGCL)
Indogulf Cropsciences Ltd operates in the Pesticides & Agrochemicals industry, within the Chemicals sector. It trades on the NSE as IGCL and on the BSE under scrip code 544432. Its ISIN is INE05J901018.
Incorporated in 1993, Indogulf Cropsciences Limited is engaged in manufacturing crop protection products, plant nutrients, and biologicals in India. [1]
Indogulf Cropsciences Limited is an Indian agrochemical company manufacturing crop protection formulations and technicals, plant nutrients and biologicals, operating four manufacturing units, a NABL‑accredited R&D lab, and a multi‑channel distribution network across 34+ countries and 7,000+ B2C distributors to improve crop yields and farmer outcomes through branded and institutional solutions.
Financial momentum shows resilience: the company reported 9M FY26 revenue of INR 5,538 million (up 19% YoY), EBITDA of INR 536 million (up 23% YoY), and gross margin expansion to ~28.4% as new product launches, favourable product mix and AGPL’s improved profitability materially supported earnings despite a mixed agrochemical demand environment.
Listed peers in Pesticides & Agrochemicals: Heranba Industries Ltd, Advance Agrolife Ltd, Best Agrolife Ltd, KN Agri Resources Ltd, Mahamaya Lifesciences Ltd, Shivalik Rasayan Ltd.
Valuation & Returns
10 Jul 2026At ₹72.5 a share on 10 Jul 2026, Indogulf Cropsciences Ltd (IGCL) was valued at a price-to-earnings ratio of 11.45x against an industry P/E of 22.12x and a price-to-book of 1.67x on a book value of ₹43.54 per share as of Mar 2025. Solomo computes return on equity of 14.54% and return on capital employed of 13.97% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 11.45x
- Industry P/E
- 22.12x
- P/B
- 1.67x
- EPS (TTM)
- ₹6.33
- Book value / share
- ₹43.54
- ROE
- 14.54%
- ROCE
- 13.97%
- ROA
- 5.82%
- Debt / equity
- 0.82x
- Dividend yield
- 0%
- EBITDA margin
- 11.58%
- 52-week range
- ₹49.55 – ₹121.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Indogulf Cropsciences Ltd (IGCL) reported revenue of ₹705 crore, net profit of ₹40 crore and earnings per share of ₹6.33. That compares with revenue of ₹590 crore and net profit of ₹31 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹151 crore and net profit ₹12 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 486 | 550 | 552 | 590 | 705 |
| Net profit (₹ cr) | 26 | 22 | 28 | 31 | 40 |
| EPS (₹) | 11.25 | 9.53 | 12 | 6.45 | 6.33 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 6.20% | 9.02% | 8.28% |
| Profit growth | 13.59% | 7.64% | 11.48% |
| Stock price CAGR | - | - | -37% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 69.05% of Indogulf Cropsciences Ltd (IGCL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.23% and domestic institutional investors (DII) hold 4.3%. Market capitalisation was ₹458 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2025.
Largest disclosed public shareholders in Jun 2026: ABAKKUS DIVERSIFIED ALPHA FUND 4.02%, VINEY EQUITY MARKET LLP 2.33%, Himanshi Lohia 1.17%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 69.05% | - | 0.23% | 4.3% | 30.95% |
| Mar 2026 | 69.05% | - | 0.24% | 4.36% | 30.95% |
| Dec 2025 | 69.05% | - | 0.21% | 4.38% | 30.95% |
| Sep 2025 | 69.05% | - | 0.41% | 6.23% | 30.95% |
| Jun 2025 | 96.87% | - | - | - | 3.13% |