| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 0 | 1 | 1 | 49 | 1 | 0 | 0 | 0 | 0 | 0 | 2 | 2 |
| Expenses | 0 | 1 | 1 | 49 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | 2 |
| EBITDA | 0 | -0 | 0 | 0 | 0 | -1 | -0 | -0 | -0 | -0 | -0 | -0 |
| Operating Profit % | 1 % | -20 % | 2 % | 1 % | -43 % | -5,266 % | -1,013 % | -881 % | 0 % | 0 % | -3 % | 4 % |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | -0 | 0 | 0 | 0 | -1 | -0 | -0 | -0 | -0 | -0 | -0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 |
| Net Profit | 0 | -0 | 0 | 0 | 0 | -1 | -0 | -0 | -0 | -0 | -0 | 0 |
| EPS in ₹ | 0.13 | -0.72 | 0.06 | 0.05 | -0.02 | -5.22 | -1.38 | -1.55 | -0.80 | -1.76 | -0.02 | 1.20 |
IGC Industries
IGC Industries
3.08
+0.03
(0.98%)
There are new updates from the company21 hours ago
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Market Cap
10.60 Cr
EPS
-0.02
PE Ratio
-
Dividend Yield
0.00 %
Industry
Commercial Services52 Week High
24.75
52 Week Low
2.75
PB Ratio
0.25
Debt to Equity
0.45
Sector
Trading & Distributors
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Company News
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IGC Industries Limited has appointed Mr. Manoj Kumar Jhawar as an Additional Executive Director on September 20, 2025. Jhawar brings over 15 years of experience in the logistics industry with expertise in commercial operations, market development, and business strategies. He holds a Bachelor's degree in Commerce and has knowledge of supply chain management, procurement, and distribution networks. The appointment is subject to shareholder approval at the next General Meeting, and Jhawar is not related to any existing directors of the company.
IGC Industries Limited announced that its statutory auditors, ADV & Associates, submitted their resignation letter on August 14, 2025. The auditing firm was appointed on September 29, 2022, and their term was originally scheduled to expire at the conclusion of the company's 41st Annual General Meeting in 2027. Prior to resignation, ADV & Associates had submitted the audit report for the year ended March 31, 2025, and the limited review report for the quarter ended June 30, 2025. The company stated that detailed reasons for the resignation are provided in the attached resignation letter, and confirmed there are no other material reasons beyond those disclosed. The auditors indicated no concerns were raised prior to resignation and no information requests were denied by management.
IGC Industries Reports Quarterly Losses as Auditors Issue Disclaimer Opinion on Financial Results
Aug 14, 2025
Aug 14, 2025IGC Industries Limited reported a net loss of Rs 0.00 lakhs for the quarter ended June 30, 2025, compared to a net profit of Rs 1.74 lakhs in the previous quarter ended March 31, 2025. The company's auditors, ADV & Associates, issued a disclaimer opinion citing several material concerns including insufficient documentation for Rs 20.72 crores in advances from rights issue proceeds, Rs 20.00 crores payment to CNX Corporation Limited without supporting documents, potential contravention of deposit rules involving Rs 41.53 crores, and misutilization of rights issue proceeds not aligned with stated objectives. The auditors also raised substantial doubt about the company's ability to continue as a going concern due to continuous losses across all quarters in financial years 2024-25 and 2023-24. The company had previously completed a rights issue of 3,24,80,000 shares at Rs 13.00 per share, raising Rs 42.22 crores, with allotment completed on November 22, 2024.
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
184.05 | #1 30,962.90 | 418.30 | 551.40 | 55,040.00 | 70 | 72.10 | 39.92 | |
279.00 | 22,157.80 | 19.23 | #1 99,561.70 | 11.11 | #1 1,821 | 7.37 | 57.63 | |
65.41 | 9,711.00 | 139.11 | 262.80 | 28.63 | 87 | 35.47 | 45.33 | |
380.00 | 3,640.10 | 84.74 | 299.41 | #1 8,85,900.00 | 20 | #1 1,157.89 | 58.62 | |
492.30 | 3,353.90 | 15.93 | 387.50 | -25.38 | 407 | 7.63 | 39.61 | |
166.58 | 2,832.80 | 56.28 | 262.20 | 79.10 | 23 | 307.14 | 48.70 | |
146.46 | 1,921.50 | 38.24 | 312.50 | 136.92 | 40 | 208.70 | 48.11 | |
563.75 | 1,921.10 | 43.63 | 89.60 | 6,408.33 | 42 | 74.07 | 52.55 | |
41.85 | 1,429.60 | 487.22 | 81.30 | 15.16 | 3 | 0.00 | 29.64 | |
36,000.00 | 1,106.50 | #1 10.13 | 67.60 | -16.34 | 115 | -19.54 | 42.74 |
Forecast
Actual
Growth Rate
Revenue Growth
-100.00 %
Net Income Growth
100.00 %
Cash Flow Change
-321.43 %
ROE
243.75 %
ROCE
240.25 %
EBITDA Margin (Avg.)
-100.00 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 4 | 3 | 121 | 89 | 50 | 22 | 16 | 15 | 15 | 10 | 55 |
| Fixed Assets | 0 | 0 | 0 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Assets | 4 | 3 | 121 | 87 | 48 | 17 | 10 | 10 | 10 | 10 | 34 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 5 | 5 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 |
| Other Assets | 4 | 3 | 121 | 87 | 48 | 17 | 10 | 10 | 10 | 10 | 34 |
| Total Liabilities | 4 | 3 | 121 | 89 | 50 | 22 | 16 | 15 | 15 | 10 | 55 |
| Current Liabilities | 0 | 0 | 118 | 86 | 47 | 20 | 14 | 14 | 14 | 10 | 12 |
| Non Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Equity | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 1 | 1 | 1 | 43 |
| Reserve & Surplus | -0 | 1 | 1 | 1 | 1 | -0 | -1 | -1 | -1 | -2 | 8 |
| Share Capital | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 35 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Activities | 0 | 0 | 0 | -2 | -0 | -5 | 0 | -0 | 0 | 5 | -20 |
| Operating Activities | 0 | -3 | -117 | 82 | 0 | 33 | 10 | 0 | 0 | -5 | -22 |
| Financing Activities | 0 | 3 | 118 | -80 | -0 | -28 | -10 | 0 | 0 | 0 | 42 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 65.49 % | 65.49 % | 65.49 % | 65.49 % | 65.49 % | 65.49 % | 65.49 % | 65.49 % | 65.49 % | 65.49 % | 65.49 % | 65.49 % | 65.49 % | 11.49 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 1.44 % | 1.44 % | 0.00 % |
| DIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 9.35 % | 9.35 % | 9.35 % | 9.35 % | 9.35 % | 9.35 % | 9.35 % | 9.35 % | 9.35 % | 9.40 % | 9.41 % | 17.42 % | 8.41 % | 62.78 % | 78.19 % | 68.01 % | 72.28 % | 79.58 % |
| Others | 25.16 % | 25.16 % | 25.16 % | 25.16 % | 25.16 % | 25.16 % | 25.16 % | 25.16 % | 25.16 % | 25.10 % | 25.10 % | 17.09 % | 26.10 % | 25.72 % | 21.80 % | 30.55 % | 26.28 % | 20.42 % |
| No of Share Holders | 664 | 685 | 686 | 700 | 710 | 708 | 702 | 702 | 703 | 703 | 703 | 716 | 859 | 1,927 | 2,241 | 26,047 | 23,053 | 21,468 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 26 Sept 2016 |  Change Of Name | NA | 26 Sept 2016 | 0.00 | 0.00 |
| 15 Feb 2024 |  Annual General Meeting | NA | 15 Feb 2024 | 17.71 | 14.23 |
| 30 Sept 2024 | Annual General Meeting | NA | 30 Sept 2024 | 12.17 | 11.55 |
| 17 Oct 2024 |  Quarterly Result Announcement | NA | 17 Oct 2024 | 11.95 | 12.71 |
| 18 Oct 2024 |  Rights | 29:2 | 18 Oct 2024 | 13.71 | 14.42 |
| 14 Feb 2025 | Quarterly Result Announcement | NA | 14 Feb 2025 | 7.39 | 7.39 |
| 02 May 2025 |  Extraordinary General Meeting | NA | 02 May 2025 | 6.19 | 5.42 |
| 30 May 2025 | Quarterly Result Announcement | NA | 30 May 2025 | 5.02 | 5.23 |
| 14 Aug 2025 | Quarterly Result Announcement | NA | 14 Aug 2025 | 3.65 | 3.60 |
| 30 Sept 2025 | Annual General Meeting | NA | 30 Sept 2025 | 2.89 | 3.04 |
Announcements
Shareholder Meeting / Postal Ballot-Scrutinizers Report21 hours ago
21 hours agoShareholder Meeting / Postal Ballot-Outcome of AGM1 day ago
1 day agoClosure of Trading Window4 days ago
4 days agoAppointment Of New Additional Executive DirectorSep 20, 2025
Sep 20, 2025Intimation For Book Closure For The Purpose Of Annual General Meeting Of The CompanySep 06, 2025
Sep 06, 2025Reg. 34 (1) Annual Report.Sep 06, 2025
Sep 06, 2025Intimation For Notice Of Annual General Meeting Of The CompanySep 06, 2025
Sep 06, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On 06Th September 2025Sep 06, 2025
Sep 06, 2025Board Meeting Intimation for We Hereby Notify You That A Meeting Of The Board Of Directors Of IGC Industries Limited ("The Company") Will Be Held On 06Th September 2025Sep 02, 2025
Sep 02, 2025Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sAug 26, 2025
Aug 26, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On 26Th August 2025Aug 26, 2025
Aug 26, 2025Board Meeting Intimation for We Wish To Inform That The Meeting Of The Board Of Directors Of The Company Is Scheduled To Be Held On Tuesday 26Th August 2025.Aug 19, 2025
Aug 19, 2025Announcement under Regulation 30 (LODR)-Resignation of Statutory AuditorsAug 14, 2025
Aug 14, 2025Un-Audited Financial Results For The Quarter Ended 30Th June 2025Aug 14, 2025
Aug 14, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On 14Th August 2025Aug 14, 2025
Aug 14, 2025Results-Delay in Financial ResultsAug 14, 2025
Aug 14, 2025Board Meeting Outcome for Outcome Of Board Meeting For Audited Financial Results Of The Company For The Quarter & Year Ended 31St March 2025Aug 14, 2025
Aug 14, 2025Board Meeting Intimation for We Would Like To Inform You That The Meeting Of The Board Of Directors Of The Company Will Be Held On Thursday August 14 2025Aug 08, 2025
Aug 08, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 21, 2025
Jul 21, 2025Clarification Letter For Outcome Of Board Meeting Held On 04Th April 2025 As Query Raise From BSEJun 30, 2025
Jun 30, 2025Closure of Trading WindowJun 28, 2025
Jun 28, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2025
May 30, 2025Board Meeting Intimation for We Wish To Inform That The Meeting Of The Board Of Directors Of The Company Is Scheduled To Be Held On Friday 30Th May 2025May 17, 2025
May 17, 2025Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMay 05, 2025
May 05, 2025Shareholder Meeting / Postal Ballot-Outcome of EGMMay 02, 2025
May 02, 2025Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2Apr 25, 2025
Apr 25, 2025Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 25, 2025
Apr 25, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationApr 25, 2025
Apr 25, 2025Submission Of Corrigendum/Errata To The Notice Of EOGM Notice Dated 04/04/2025 Submitted On 07/04/2025Apr 23, 2025
Apr 23, 2025Board Meeting Outcome for Submission Of Corrigendum/Errata To The Notice Of EOGM Notice Dated 04/04/2025 Submitted On 07/04/2025Apr 23, 2025
Apr 23, 2025Board Meeting Outcome for Revised Outcome Of Meeting Of Board Of Directors Held Today I.E. Friday 4Th April 2025Apr 18, 2025
Apr 18, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 13, 2025
Apr 13, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationApr 09, 2025
Apr 09, 2025EXTRA-ORDINARY GENERAL MEETING (EOGM) OF THE MEMBERS OF IGC INDUSTRIES LIMITED WILL BE HELD ON FRIDAY 2ND MAY 2025 AT 11:00 AM THROUGH VIDEO CONFERENCING (VC)/OTHER AUDIO-VISUAL MEANS (OAVM)Apr 07, 2025
Apr 07, 2025Announcement under Regulation 30 (LODR)-Preferential IssueApr 04, 2025
Apr 04, 2025Board Meeting Outcome for Outcome Of Meeting Of Board Of Directors Held Today I.E. Friday 4Th April 2025 Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.Apr 04, 2025
Apr 04, 2025Board Meeting Intimation for Board Meeting Intimation For The Adjourned Board Meeting Will Be Held On 4Th April 2025 To Consider The Agenda Items As Per The Notice Previously Issued.Apr 01, 2025
Apr 01, 2025Board Meeting Intimation for The Adjourned Board Meeting Will Now Be Held On 01St April 2025 To Consider The Agenda Items As Per The Notice Previously Issued.
Mar 28, 2025
Mar 28, 2025Closure of Trading WindowMar 27, 2025
Mar 27, 2025Board Meeting Intimation for We Wish To Inform That The Meeting Of The Board Of Directors Of The Company Is Scheduled To Be Held On Friday 28Th March 2025Mar 25, 2025
Mar 25, 2025Appointment Of Mr. Ziauddin Mohammad (DIN: 07523934) As A Additional Executive Director Of The CompanyFeb 21, 2025
Feb 21, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held On 21St February 2025Feb 21, 2025
Feb 21, 2025Board Meeting Intimation for We Wish To Inform That The Meeting Of The Board Of Directors Of The Company Is Scheduled To Be Held On Friday 21St February 2025Feb 18, 2025
Feb 18, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 18, 2025
Feb 18, 2025Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations)Feb 15, 2025
Feb 15, 2025Integrated Filing (Financial)Feb 15, 2025
Feb 15, 2025Approved The Un-Audited Financial Results For The Quarter Ended On 31St December 2024.Feb 14, 2025
Feb 14, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On Friday February 14 2025Feb 14, 2025
Feb 14, 2025Board Meeting Intimation for We Wish To Inform That The Meeting Of The Board Of Directors Of The Company Is Scheduled To Be Held On Friday 14Th February 2025Feb 09, 2025
Feb 09, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 11, 2025
Jan 11, 2025Technical Indicators
RSI(14)
Neutral 40.12
ATR(14)
Less Volatile 0.17
STOCH(9,6)
Neutral 38.41
STOCH RSI(14)
Neutral 21.17
MACD(12,26)
Bullish 0.01
ADX(14)
Weak Trend 21.89
UO(9)
Bearish 41.96
ROC(12)
Downtrend And Accelerating -2.87
WillR(14)
Neutral -67.57
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