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Balance sheet of IG Petrochem. is strong.
But short term working capital might become an issue for this company.
The net debt of IG Petrochem. is decreasing.
Latest net debt of IG Petrochem. is -₹100.42 Crs as of Mar-25.
This is less than Mar-24 when it was -₹2.57 Crs.
The profit is oscillating.
The profit of IG Petrochem. is ₹109 Crs for Mar 2025, ₹39.51 Crs for Mar 2024 and ₹200 Crs for Mar 2023
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
IG Petrochem. latest dividend payout ratio is 28.33% and 3yr average dividend payout ratio is 34.06%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress, Inventory