| IGPL Stock | | | 559.90 3.60 0.64% |
CEO
Nikunj Dhanuka is CEO MD of IG Petrochemicals Limited
| Age | 57 |
| Address | 401-404, Raheja Centre, Mumbai, India, 400021 |
| Phone | 91 22 4058 6100 |
| Web | https://www.igpetro.com |
IG Petrochemicals Management Efficiency
The company has return on total asset
(ROA) of
0.0254 % which means that it generated a profit of $0.0254 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.0318 %, meaning that it generated $0.0318 on every $100 dollars invested by stockholders. IG Petrochemicals' management efficiency ratios could be used to measure how well IG Petrochemicals manages its routine affairs as well as how well it operates its assets and liabilities. At this time, IG Petrochemicals'
Total Assets are comparatively stable compared to the past year.
Non Current Assets Total is likely to gain to about 13.6
B in 2024, whereas
Intangible Assets are likely to drop slightly above 3.2
M in 2024.
IG Petrochemicals Limited has accumulated 3.68
B in total debt. Debt can assist IG Petrochemicals until it has trouble settling it off, either with new capital or with free cash flow. So, IG Petrochemicals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like IG Petrochemicals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IGPL to invest in growth at high rates of return. When we think about IG Petrochemicals' use of debt, we should always consider it together with cash and equity.
IG Petrochemicals Limited (IGPL) is traded on National Stock Exchange of India in India and employs 517 people. IG Petrochemicals is listed under Commodity Chemicals category by Fama And French industry classification.
Management Performance
IG Petrochemicals Leadership Team
Elected by the shareholders, the IG Petrochemicals' board of directors comprises two types of representatives: IG Petrochemicals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IGPL. The board's role is to monitor IG Petrochemicals' management team and ensure that shareholders' interests are well served. IG Petrochemicals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, IG Petrochemicals' outside directors are responsible for providing unbiased perspectives on the board's policies.
IGPL Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is IG Petrochemicals a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Additional Tools for IGPL Stock Analysis
When running IG Petrochemicals' price analysis, check to
measure IG Petrochemicals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IG Petrochemicals is operating at the current time. Most of IG Petrochemicals' value examination focuses on studying past and present price action to
predict the probability of IG Petrochemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IG Petrochemicals' price. Additionally, you may evaluate how the addition of IG Petrochemicals to your portfolios can decrease your overall portfolio volatility.