Indogulf Cropsciences Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹391 Cr
- P/E
- 10.16
- ROE
- 10.87%
- PEG
- 0.48
- Price to sales
- 0.57
- Debt to equity
- 0.40
- 52W high / low
- ₹104 / ₹53.4
- Sales growth (5Y)
- 9.73%
- EBITDA margin
- 10.77%
- Net profit margin
- 5.67%
- Promoter holding
- 69.05%
- Sales (last year)
- ₹684 Cr
Guidance scorecard · Q1 FY27 call
What Indogulf Cropsciences Ltd's management guided
RevenueQ3 FY26 call
10–20%- Indogulf Cropsciences expects continued growth in revenue and volumes, supported by strong performance in the past three quarters.
- Quantitative volume growth in Q3 FY26 was slightly higher than value-wise growth due to a small price drop, indicating volume-led growth.
- Expansion plans include new product launches scheduled mainly for Q1 and Q2 of the fiscal year, with four to five products shortlisted for upcoming launches.
- Growth is expected from both B2C and B2B segments, with B2B showing robust increases.
- Increased market penetration through expansion of Abhiprakash Globus Private Limited (AGPL) into more states, especially central India.
- Entry into new international markets such as Venezuela, Taiwan, and Sudan is anticipated to support export revenue momentum.
2 more points from Indogulf Cropsciences Ltd's call on revenue
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MarginsQ3 FY26 call
Up 0–2%See what Indogulf Cropsciences Ltd said on margins — free account, 30 seconds.
CapexQ3 FY26 call
Planned- Indogulf Cropsciences is undertaking capacity expansion with a new plant at Barwasni, expected to be operational by end of Q1 FY27, delayed by 2-3 months due to GRAP situation in Delhi NCR.
- The infrastructure expansion aims to support growth in the coming years, especially enhancing B2C brand business with new product launches.
- The company plans to expand the distribution network, particularly through Abhiprakash Globus Private Limited (AGPL), by entering additional states in central India and more overseas geographies.
2 more points from Indogulf Cropsciences Ltd's call on capex
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FundraisingQ3 FY26 call
Ask what Indogulf Cropsciences Ltd said on fundraising →
Full Q3 FY26 analysisOrder bookQ3 FY26 call
Rising- Indogulf Cropsciences currently holds export orders from three countries: Venezuela, Taiwan, and Sudan.
- The value of these export orders in hand is approximately INR 4 to 5 crores.
- These orders are expected to be executed in Q4 FY26.
- The company aims to leverage these orders to support export revenue momentum and improve capacity utilization in the quarter.
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
This quarter's potential multibaggers
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Financials of Indogulf Cropsciences Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Indogulf Cropsciences Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2024 | Jun 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|
| Sales + | 138.83 | 132.13 | 98.37 | 122.92 | 185.14 | 246.29 | 108.58 |
| Expenses + | 118.49 | 126.06 | 88.22 | 102.66 | 176.49 | 216.34 | 97.18 |
| Operating Profit | 20.34 | 6.07 | 10.15 | 20.26 | 8.65 | 29.95 | 11.40 |
| OPM % | 14.65% | 4.59% | 10.32% | 16.48% | 4.67% | 12.16% | 10.50% |
| Other Income + | 3.44 | 1.74 | 0.67 | 2.12 | 1.04 | 2.51 | 2.98 |
| Interest | 3.28 | 3.15 | 3.88 | 4.02 | 3.66 | 4.47 | 4.21 |
| Depreciation | 2.58 | 2.44 | 2.00 | 3.40 | 2.42 | 2.53 | 2.67 |
| Profit before tax | 17.92 | 2.22 | 4.94 | 14.96 | 3.61 | 25.46 | 7.50 |
| Tax % | 26.79% | 38.29% | 25.30% | 35.16% | 18.01% | 23.57% | 45.20% |
| Net Profit + | 13.12 | 1.37 | 3.69 | 9.70 | 2.95 | 19.46 | 4.11 |
| EPS in Rs | 5.58 | 0.28 | 0.76 | 1.99 | 0.60 | 3.08 | 0.65 |
Financials of Indogulf Cropsciences Ltd
Profit & Loss
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales + | 492 | 443 | 486 | 551 | 553 | 592 | 663 |
| Expenses + | 457 | 404 | 442 | 501 | 493 | 528 | 593 |
| Operating Profit | 35 | 39 | 45 | 49 | 60 | 64 | 70 |
| OPM % | 7% | 9% | 9% | 9% | 11% | 11% | 11% |
| Other Income + | 3 | 2 | 4 | 1 | -2 | 6 | 9 |
| Interest | 5 | 5 | 6 | 11 | 12 | 14 | 16 |
| Depreciation | 5 | 6 | 8 | 8 | 9 | 10 | 11 |
| Profit before tax | 28 | 31 | 36 | 31 | 36 | 45 | 52 |
| Tax % | 28% | 26% | 26% | 26% | 21% | 29% | |
| Net Profit + | 20 | 23 | 26 | 23 | 29 | 32 | 36 |
| EPS in Rs | 52.30 | 9.77 | 11.26 | 9.80 | 12.19 | 6.58 | 6.32 |
| Dividend Payout % | 10% | 0% | 0% | 0% | 0% | 0% |
Financials of Indogulf Cropsciences Ltd
Balance Sheet
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 24 | 24 | 24 | 24 | 49 | 63 |
| Reserves | 127 | 131 | 157 | 180 | 209 | 228 | 376 |
| Borrowings + | 92 | 79 | 102 | 189 | 155 | 222 | 204 |
| Other Liabilities + | 150 | 178 | 139 | 121 | 154 | 183 | 214 |
| Total Liabilities | 373 | 411 | 421 | 513 | 541 | 682 | 856 |
| Fixed Assets + | 47 | 51 | 53 | 65 | 44 | 47 | 47 |
| CWIP | 4 | 6 | 9 | 9 | 22 | 57 | 67 |
| Investments | 3 | 3 | 0 | 0 | 0 | 0 | 15 |
| Other Assets + | 319 | 352 | 359 | 440 | 474 | 578 | 727 |
| Total Assets | 373 | 411 | 421 | 513 | 541 | 682 | 856 |
Financials of Indogulf Cropsciences Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -17 | 20 | -9 | 31 | 36 | -12 |
| Cash from Investing Activity + | -35 | -10 | -10 | 0 | 0 | -40 |
| Cash from Financing Activity + | 52 | -9 | 20 | 0 | 0 | 58 |
| Net Cash Flow | 0 | 1 | 0 | 31 | 36 | 6 |
| Free Cash Flow | -52 | 10 | -21 | 31 | 36 | -52 |
| CFO/OP | -25% | 71% | 1% | 63% | 61% | 0% |
Financials of Indogulf Cropsciences Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 88 | 97 | 115 | 117 | 146 | 140 |
| Inventory Days | 154 | 205 | 167 | 201 | 195 | 229 |
| Days Payable | 96 | 138 | 111 | 79 | 109 | 116 |
| Cash Conversion Cycle | 147 | 164 | 171 | 239 | 231 | 253 |
| Working Capital Days | 51 | 62 | 86 | 94 | 114 | 114 |
| ROCE % | 16% | 16% | 12% | 13% | 13% |
Guidance history
How Indogulf Cropsciences Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q3 FY26 call → | 10–20% | Up 0–2% | Planned | — | Rising |
| Q2 FY26 call → | 10–20% | Up 0–2% | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
