IG Petrochemicals Ltd

reader-facing section

• Dematerialisation requests received up to 30 September 2026 were processed and confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates were mutilated and cancelled after verification; depository name substituted as registered owner within 15 days.

IG Petrochemicals Ltd: Trading window closed from 1 October 2026; will reopen 48 hours after the announcement/declaration of the financial results for the quarter ending 30 September 2026.

Meeting Details

• 22 September 2026, 2:00 PM IST onwards.
• Nature: One-on-One/Group Meeting; Mode: Physical (Mumbai).
• Organised by: Anand Rathi Annual Flagship Conference.
• Location: Mumbai.
• Attendees: Company officials to attend investor conference.
• Purpose: discussions based on publicly available information.

Filing context

• Transcripts for the quarter ended 30 June 2026 are available on the company's website.

Meeting Details

• 7 August 2026, time not disclosed; earnings call with Investors & Analysts via teleconference.
• Type and mode: group earnings call via teleconference (virtual).
• Event: Earnings Call for Q1 FY2026-27.
• Key participant from the company: Company Secretary.
• Purpose: discuss Q1 FY2026-27 earnings results.
• Recording: audio available on company website (Earnings Call Q1_FY2026-27).

AGM details

• Date of AGM: 6 August 2026; mode: VC/OAVM; no physical meeting.

Resolutions and outcomes

• Resolution 1: Adopt audited standalone and consolidated financial statements.
• Outcome: Passed; 99.83% in favor.
• Resolution 2: Declare dividend for year ended 31 March 2026.
• Outcome: Passed; overall 99.83% in favor, with some opposition from public institutions.
• Resolution 3: Appoint Shri Nikunj Hanuka as Director (re-appointment).
• Outcome: Passed; 99.79% in favor.
• Resolution 4: Remuneration by way of commission to non-executive directors.
• Outcome: Passed; public institutions largely opposed (10.58% in favor).
• Resolution 5: Re-appointment of Shri Sagar Jadhav as Executive Director.
• Outcome: Passed; overall 99.83% in favor; public institutions opposed.
• Resolution 6: Ratification of remuneration of Cost Auditor.
• Outcome: Passed; overall 99.83% in favor; some opposition.

Dividend details

• Dividend per share amount not disclosed in filing.

Directors / appointments

• Director changes: Shri Nikunj Hanuka appointed; Shri Sagar Jadhav re-appointed as Executive Director.

Auditors

• Remuneration of Cost Auditor ratified; tenure not disclosed.

Related party transactions

• No material related party transactions disclosed.

Business Overview

• Largest single-site PAN complex with 275,110 MTPA capacity at Taloja.
• Sole domestic MAN producer; integrated PAN–MAN–DEP and plasticizer plant.
• Diversifying revenue mix to reduce single-product dependence.

Operational Highlights

• Q1 FY27 revenue ₹625 cr; up 30% YoY.
• EBITDA ₹120 cr; margin 19.2%.
• PBT ₹94.9 cr; PAT ₹71.0 cr.
• Exports ~10% of revenue; Non-Phthalic revenue ₹49 cr.
• Plasticizer plant: mechanical completion achieved March 2026; production expected Q2 FY27.
• CBG project: mechanical completion targeted Q3 FY27.

Financial Performance

• Q1 FY27 revenue ₹625.1 cr; YoY growth 30%.
• Q1 FY27 EBITDA ₹120 cr; margin 19.2%.
• Q1 FY27 PAT ₹71 cr; PAT margin 11.4%.
• FY26 revenue ₹1,953.7 cr; EBITDA ₹130.4 cr; PAT ₹23.2 cr.

Capital Structure & Liquidity

• Capex funded largely from internal accruals; zero net debt.

Strategic Priorities & Outlook

• DEP debottlenecking and downstream expansion to support long-term growth.
• CBG project targeted completion by Q2 FY27 to add capacity.
• Make in India and rising domestic demand supporting volumes.
• Sustainability drive: rooftop solar and steam recovery; 70% GHG emissions reduction.

Governance & Leadership

• Chairman & MD: Nikunj Dhanuka; CEO: Mayank Dhanuka.
• CFO: Pramod Bhandari; Senior Leadership: Sanjoy Datta as President - New Business Initiatives.
• Independent directors include Shrikant Somani and Girija Balakrishnan.

AGM Details

• Date and time: 6 August 2026, 3:00 PM, via VC/OAVM
• Record date: 30 July 2026
• Meeting duration: 3:00 PM to 3:41 PM
• Remote e-voting window: 3–5 August 2026

Resolutions and outcomes

• Ordinary: Adopt Audited Financial Statements for year ended 31 March 2026; passed
• Ordinary: Declare dividend for FY ended 31 March 2026; passed
• Ordinary: Re-appoint Nikunj Dhanuka as Director; passed
• Special: Remuneration by way of commission to Non-Executive Directors; passed
• Special: Re-appointment of Sagar Jadhav as Executive Director; passed
• Special: Ratification of remuneration of Cost Auditor; passed

Director changes

• Re-appointment of Shri Nikunj Dhanuka as Director (retiring by rotation)
• Re-appointment of Shri Sagar Jadhav as Executive Director

Auditors and related approvals

• Cost Auditor remuneration ratified