India Glycols Limited reported its audited financial results for the quarter and financial year ended March 31, 2026, following a Board of Directors meeting held on May 14, 2026. The company posted a standalone net profit of ₹282.33 crore for the full financial year, a significant increase from ₹180.38 crore in the previous year. Revenue from operations for FY26 stood at ₹9,826.20 crore, compared to ₹9,037.82 crore in FY25. On a consolidated basis, the company reported a net profit of ₹292.76 crore for the year, up from ₹230.92 crore in FY25. The Board also approved an interim dividend of ₹7.50 per equity share on face value of ₹5 per equity share for FY 2025-26, approved at a meeting held on March 17, 2026.
Standalone Financial Performance
The audited standalone results reflect broad-based growth across key financial metrics. Total income for the standalone financial year increased to ₹9,869.71 crore from ₹9,052.37 crore in the prior year. EBITDA rose to ₹690.09 crore from ₹521.34 crore, while profit before tax stood at ₹366.70 crore against ₹241.78 crore previously. For the quarter ended March 31, 2026, standalone net profit was ₹110.28 crore and revenue from operations was ₹2,361.40 crore. Basic and diluted earnings per share (face value ₹5 each) for FY26 stood at ₹44.31, compared to ₹29.13 in FY25.
| Metric: |
FY26 (₹ Cr) |
FY25 (₹ Cr) |
| Revenue from Operations: |
9,826.20 |
9,037.82 |
| Total Income: |
9,869.71 |
9,052.37 |
| EBITDA: |
690.09 |
521.34 |
| Profit Before Tax: |
366.70 |
241.78 |
| Net Profit (PAT): |
282.33 |
180.38 |
| Basic & Diluted EPS (₹): |
44.31 |
29.13 |
Consolidated Financial Performance
On a consolidated basis, total income for FY26 was ₹9,831.56 crore against ₹9,053.50 crore in FY25. Consolidated EBITDA stood at ₹654.18 crore versus ₹525.49 crore in the prior year. The Group's share of net profit from its joint venture, Clariant IGL Specialty Chemicals Private Limited, was ₹46.42 crore for the year. Consolidated profit before tax was ₹377.21 crore compared to ₹292.32 crore in FY25. Basic and diluted EPS on a consolidated basis stood at ₹45.95 for FY26, against ₹37.29 in FY25.
| Metric: |
FY26 (₹ Cr) |
FY25 (₹ Cr) |
| Revenue from Operations: |
9,826.63 |
9,038.95 |
| Total Income: |
9,831.56 |
9,053.50 |
| EBITDA: |
654.18 |
525.49 |
| Profit Before Tax: |
377.21 |
292.32 |
| Net Profit (PAT): |
292.76 |
230.92 |
| Basic & Diluted EPS (₹): |
45.95 |
37.29 |
Q4 Consolidated Highlights
For the quarter ended March 31, 2026, consolidated net profit rose to ₹86.88 crore from ₹64.02 crore in the same period of the prior year, while consolidated revenue from operations stood at ₹2,360.01 crore compared to ₹2,188.65 crore. Q4 consolidated EBITDA improved to ₹167.12 crore from ₹147.53 crore year-on-year. The Q4 consolidated EBITDA margin expanded to 9.89% from 6.76% in the same period of the prior year, reflecting improved operational efficiency.
| Metric: |
Q4 FY26 (₹ Cr) |
Q4 FY25 (₹ Cr) |
| Net Profit (PAT): |
86.88 |
64.02 |
| Revenue from Operations: |
2,360.01 |
2,188.65 |
| EBITDA: |
167.12 |
147.53 |
| Profit Before Tax: |
112.46 |
81.79 |
| EBITDA Margin (%): |
9.89 |
6.76 |
Segment-Wise Performance
Across standalone segments for FY26, Potable Spirits remained the largest contributor with revenue of ₹6,946.43 crore, followed by Bio-Fuel at ₹1,469.93 crore, Bio-based Specialities and Performance Chemicals at ₹1,202.07 crore, and Ennature Biopharma at ₹207.77 crore. In terms of segment results (profit before interest and tax), Potable Spirits led with ₹284.93 crore, followed by Bio-based Specialities and Performance Chemicals at ₹138.27 crore, Bio-Fuel at ₹115.23 crore, and Ennature Biopharma at ₹7.23 crore.
| Segment: |
FY26 Revenue (₹ Cr) |
FY25 Revenue (₹ Cr) |
FY26 Segment Result (₹ Cr) |
FY25 Segment Result (₹ Cr) |
| Bio-based Specialities & Performance Chemicals: |
1,202.07 |
1,341.00 |
138.27 |
121.11 |
| Potable Spirits: |
6,946.43 |
6,433.90 |
284.93 |
256.44 |
| Ennature Biopharma: |
207.77 |
219.37 |
7.23 |
20.76 |
| Bio-Fuel: |
1,469.93 |
1,043.55 |
115.23 |
56.68 |
Balance Sheet and Cash Flow Highlights
The standalone balance sheet as at March 31, 2026 shows total assets of ₹6,126.12 crore, up from ₹5,790.40 crore in the prior year. Total equity stood at ₹2,537.44 crore against ₹1,871.04 crore previously, supported by other equity of ₹2,503.93 crore. On a consolidated basis, total assets were ₹6,522.95 crore compared to ₹6,176.10 crore, with total equity at ₹2,932.78 crore. Net cash flow from standalone operating activities for the year was ₹768.99 crore, while net cash used in investing activities was ₹766.98 crore. Closing standalone cash and cash equivalents stood at ₹31.06 crore, up from ₹6.51 crore at the start of the year. On a consolidated basis, closing cash and cash equivalents stood at ₹31.87 crore, compared to ₹6.84 crore at the opening of the year.
| Balance Sheet Metric: |
Standalone FY26 (₹ Cr) |
Standalone FY25 (₹ Cr) |
| Total Assets: |
6,126.12 |
5,790.40 |
| Total Equity: |
2,537.44 |
1,871.04 |
| Non-current Borrowings: |
919.13 |
1,040.09 |
| Current Borrowings: |
659.34 |
764.18 |
| Closing Cash & Equivalents: |
31.06 |
6.51 |
Corporate and Structural Updates
The company has been pursuing a Composite Scheme of Arrangement involving the demerger of its Bio Pharma undertaking into Ennature Bio Pharma Limited and its Spirits & Biofuel undertaking into IGL Spirits Limited, with an appointed date of April 1, 2026. The National Company Law Tribunal (NCLT), Allahabad Bench, admitted the application for sanction of the scheme vide its order dated April 9, 2026, with the matter scheduled for further hearing on May 21, 2026. No Objection/Observation Letters were received from NSE and BSE on November 17 and November 19, 2025, respectively. The company also completed a stock split in August 2025, subdividing each equity share of face value ₹10 into two shares of face value ₹5, increasing equity shares from 3,09,61,500 to 6,19,23,000. Additionally, the company raised funds through a preferential allotment of up to 51,03,765 equity shares at ₹915 per share, aggregating up to ₹4,66,99,44,975, with allotment completed on November 24, 2025, increasing paid-up share capital to ₹33,51,33,825. The trading window for dealing in the company's securities, closed from April 1, 2026, reopened on May 17, 2026. The statutory auditors, M/s K.N. Gutgutia & Co., issued an unmodified opinion on both the standalone and consolidated financial results.
Source: None/Company/INE560A01023/12fc37c7b1ac4f06.pdf