I G Petrochemicals Limited

NSEI:IGPL Stock Report

Market Cap: ₹16.0b

I G Petrochemicals Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Nikunj Dhanuka

Chief executive officer

₹24.2m

Total compensation

CEO salary percentage70.3%
CEO tenure26.5yrs
CEO ownership0.1%
Management average tenureno data
Board average tenure5.3yrs

Recent management updates

Recent updates

Should You Investigate I G Petrochemicals Limited (NSE:IGPL) At ₹520?

Jan 10
Should You Investigate I G Petrochemicals Limited (NSE:IGPL) At ₹520?

Should You Investigate I G Petrochemicals Limited (NSE:IGPL) At ₹702?

Aug 27
Should You Investigate I G Petrochemicals Limited (NSE:IGPL) At ₹702?

I G Petrochemicals (NSE:IGPL) Will Pay A Smaller Dividend Than Last Year

Aug 09
I G Petrochemicals (NSE:IGPL) Will Pay A Smaller Dividend Than Last Year

Market Might Still Lack Some Conviction On I G Petrochemicals Limited (NSE:IGPL) Even After 26% Share Price Boost

Jun 22
Market Might Still Lack Some Conviction On I G Petrochemicals Limited (NSE:IGPL) Even After 26% Share Price Boost

Investors Could Be Concerned With I G Petrochemicals' (NSE:IGPL) Returns On Capital

Jun 12
Investors Could Be Concerned With I G Petrochemicals' (NSE:IGPL) Returns On Capital

I G Petrochemicals Limited's (NSE:IGPL) Shares Leap 26% Yet They're Still Not Telling The Full Story

May 01
I G Petrochemicals Limited's (NSE:IGPL) Shares Leap 26% Yet They're Still Not Telling The Full Story

These 4 Measures Indicate That I G Petrochemicals (NSE:IGPL) Is Using Debt Reasonably Well

May 28
These 4 Measures Indicate That I G Petrochemicals (NSE:IGPL) Is Using Debt Reasonably Well

Here's Why I G Petrochemicals (NSE:IGPL) Can Manage Its Debt Responsibly

Feb 25
Here's Why I G Petrochemicals (NSE:IGPL) Can Manage Its Debt Responsibly

Do I G Petrochemicals's (NSE:IGPL) Earnings Warrant Your Attention?

Oct 22
Do I G Petrochemicals's (NSE:IGPL) Earnings Warrant Your Attention?

I G Petrochemicals (NSE:IGPL) Has A Pretty Healthy Balance Sheet

Sep 17
I G Petrochemicals (NSE:IGPL) Has A Pretty Healthy Balance Sheet

Estimating The Fair Value Of I G Petrochemicals Limited (NSE:IGPL)

May 30
Estimating The Fair Value Of I G Petrochemicals Limited (NSE:IGPL)

Is I G Petrochemicals (NSE:IGPL) Using Too Much Debt?

Mar 03
Is I G Petrochemicals (NSE:IGPL) Using Too Much Debt?

Is I G Petrochemicals Limited (NSE:IGPL) A Good Fit For Your Dividend Portfolio?

Feb 10
Is I G Petrochemicals Limited (NSE:IGPL) A Good Fit For Your Dividend Portfolio?

I G Petrochemicals Limited (NSE:IGPL) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Jan 20
I G Petrochemicals Limited (NSE:IGPL) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Introducing I G Petrochemicals (NSE:IGPL), The Stock That Zoomed 227% In The Last Five Years

Dec 25
Introducing I G Petrochemicals (NSE:IGPL), The Stock That Zoomed 227% In The Last Five Years

We Think I G Petrochemicals (NSE:IGPL) Is Taking Some Risk With Its Debt

Nov 29
We Think I G Petrochemicals (NSE:IGPL) Is Taking Some Risk With Its Debt

What To Know Before Buying I G Petrochemicals Limited (NSE:IGPL) For Its Dividend

Nov 03
What To Know Before Buying I G Petrochemicals Limited (NSE:IGPL) For Its Dividend

I G Petrochemicals Limited (NSE:IGPL) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Sep 26
I G Petrochemicals Limited (NSE:IGPL) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Did Business Growth Power I G Petrochemicals' (NSE:IGPL) Share Price Gain of 120%?

Aug 31
Did Business Growth Power I G Petrochemicals' (NSE:IGPL) Share Price Gain of 120%?

Is I G Petrochemicals Limited (NSE:IGPL) A Good Fit For Your Dividend Portfolio?

Aug 04
Is I G Petrochemicals Limited (NSE:IGPL) A Good Fit For Your Dividend Portfolio?

I G Petrochemicals (NSE:IGPL) Use Of Debt Could Be Considered Risky

Jun 30
I G Petrochemicals (NSE:IGPL) Use Of Debt Could Be Considered Risky

CEO Compensation Analysis

How has Nikunj Dhanuka's remuneration changed compared to I G Petrochemicals's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹550m

Jun 30 2024n/an/a

₹389m

Mar 31 2024₹24m₹17m

₹395m

Dec 31 2023n/an/a

₹686m

Sep 30 2023n/an/a

₹1b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹59m₹17m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹3b

Jun 30 2022n/an/a

₹3b

Mar 31 2022₹68m₹13m

₹3b

Dec 31 2021n/an/a

₹3b

Sep 30 2021n/an/a

₹3b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹52m₹9m

₹2b

Dec 31 2020n/an/a

₹922m

Sep 30 2020n/an/a

₹338m

Jun 30 2020n/an/a

₹140m

Mar 31 2020₹17m₹9m

₹209m

Dec 31 2019n/an/a

₹350m

Sep 30 2019n/an/a

₹481m

Jun 30 2019n/an/a

₹853m

Mar 31 2019₹37m₹6m

₹1b

Mar 31 2018₹44m₹6m

₹1b

Compensation vs Market: Nikunj's total compensation ($USD281.92K) is above average for companies of similar size in the Indian market ($USD181.71K).

Compensation vs Earnings: Nikunj's compensation has been consistent with company performance over the past year.

CEO

Nikunj Dhanuka (57 yo)

26.5yrs

Tenure

₹24,249,000

Compensation

Mr. Nikunj Dhanuka, B.Com has been the Managing Director of IG Petrochemicals Ltd. since April 27, 2006 and serves as its Chief Executive Officer. Mr. Dhanuka has been a Director of Mysore Petro Chemicals...

Board Members

NamePositionTenureCompensationOwnership
Nikunj Dhanuka
MD, CEO & Executive Director26.5yrs₹24.25m0.13%
₹ 21.4m
Madan Mohan Hanuman Dhanuka
Non-Executive Chairman36.3yrs₹7.20m0.34%
₹ 54.6m
Shrikant Somani
Independent Directorless than a yearno datano data
Girija Balakrishnan
Independent Directorless than a yearno datano data
Vaijayanti Pandit
Non-Executive & Independent Director9.8yrs₹760.00kno data
Sagar Jadhav
Executive Directorless than a yearno datano data

5.3yrs

Average Tenure

57yo

Average Age

Experienced Board: IGPL's board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 23:54
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

I G Petrochemicals Limited is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bikshapathi A.FirstCall Research
null nullK.R. Choksey Shares & Securities Private Ltd.
Amnish AggarwalPrabhudas Lilladher Pvt Ltd.