IG Petrochemicals Ltd
IG Petrochemicals: Expansion Plans & Sustainability Push Amid Q1 FY26 Challenges 📊🌱
- Q1 FY26 revenue: ₹480.9 Cr (down 19% YoY), EBITDA at ₹13 Cr (2.7% margin vs 12% in Q1 FY25).
- Net loss of ₹8.2 Cr in Q1 FY26 vs profit of ₹35.4 Cr in Q1 FY25.
- Plasticizer plant (75K-ton capacity, expandable to 100K tons) to complete by Dec 2025.
- Compressed Biogas (CBG) plant underway, targeting April 2026 completion.
- Pyrolysis Oil facility contract awarded to convert plastic waste into fuel oil.
- Sustainability: 70% GHG reduction achieved; rooftop solar panels installed.
- CSR: School construction, skill development, and lake rejuvenation projects.
- Global position: Largest PAN manufacturer in India (~50% market share), 2nd globally.
- FY25 financials: Revenue ₹2,234 Cr, EBITDA ₹248.4 Cr, PAT ₹112.5 Cr.
- Q1 FY26 exports contributed ~7%; non-PAN revenue steady at ₹35 Cr.