EN DE

India Glycols Limited (INDIAGLYCO) Fair Value & Analysis

Basic Materials · IN · Market cap ₹72.1B

IG India Glycols Limited INDIAGLYCO · NSE
Price₹1,061
Fair Value₹541.98
Upside-48.9%
Quality32/100
Watch India Glycols Limited for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 7.0% net margin
Low debt · negative free cash flow
Mixed vs. peers (6/13)
Narrow moat 43/100
Evidence: High Range ₹379.38 – ₹704.57 Share as image

Fair value as of: Aug 13, 2026

From 16 valuation models · updated 3 days ago

Share price −6.7% over the past month.

Below-average quality, and screening another 49% overvalued on our models.

Fair value for all 35,000+ stocks, review alerts and the diversification check: 14 days of Pro free, no card.

What matters now

  • The price sits above even our optimistic bull case (₹704.57). The favourable scenario is already priced in.
  • Weak quality (32/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (₹379.38 to ₹704.57) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

₹1,184 ₹215.94 Fair Value ₹541.98 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹215.94 – ₹1,184 · fair‑value band ₹379.38 – ₹704.57 · the ₹1,061 price screens above the ₹541.98 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

India Glycols Limited (INDIAGLYCO) currently trades at ₹1,061, while our model-based Fair Value estimate is ₹541.98, implying the stock looks roughly 48.9% overvalued today. The Quality Score stands at 32/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, India Glycols Limited generated revenue of ₹42.1B at a net margin of 7.0%. Revenue grew 13.1% year over year. It earns a return on equity of 11.3%. Net debt stands at ₹16.4B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹379.38 (bear case) to ₹704.57 (bull case); at ₹1,061, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 12% below its 52-week high and 35% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -60% fair-value upside, at -49%, INDIAGLYCO screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹384.14 ₹427.48 ₹692.09 76
ROIC Compounder ₹458.06 ₹640.94 ₹899.54 72
Gordon GGM ₹103.17 ₹214.50 ₹340.28 70
All 16 models by family
Earnings-Based
Graham-Dodd ₹297.01 ₹1,141 ₹1,546 54
Lynch FV ₹278.54 ₹397.91 ₹517.28 50
PEG = 1.0 ₹278.54 ₹397.91 ₹517.28 46
EPV ₹452.05 ₹549.01 ₹633.84 59
Dividend Discount
Gordon GGM ₹103.17 ₹214.50 ₹340.28 70
DDM Multi-Stage ₹103.17 ₹180.87 ₹225.13 61
Multiples
P/E Multiple ₹556.90 ₹742.53 ₹928.16 63
P/S Multiple ₹556.90 ₹742.53 ₹928.16 58
P/B Multiple ₹556.90 ₹742.53 ₹928.16 55
EV/EBIT ₹643.97 ₹901.86 ₹1,160 53
EV/EBITDA ₹596.79 ₹838.95 ₹1,081 54
EV/Revenue ₹530.04 ₹812.78 ₹1,096 43
Asset-Based
NCAV (Graham) ₹218.78 ₹293.16 ₹437.55 50
Economic Profit
Residual Income ₹384.14 ₹427.48 ₹692.09 76
ROIC Compounder ₹458.06 ₹640.94 ₹899.54 72
Growth Earnings
Growth-Adj P/E ₹446.33 ₹637.62 ₹828.91 68

Widest divergence: Multiples (₹742.53) versus Dividend Discount (₹180.87). Highest evidence: Residual Income (76).

Notify me when INDIAGLYCO reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) ₹42.1B
Revenue growth (YoY) +13.1%
Net margin 7.0%
Return on equity 11.3%
Free cash flow −₹1.7B FY2026
P/E ratio 23.1
More key figures
Operating margin 12.8%
EPS (TTM) ₹45.97
EPS growth (YoY) +31.9%
Net debt ₹16.4B FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 32/100

Of which business quality 35 · Market factors (momentum, volatility) 68

Profitability 37
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 46
Balance sheet, leverage, solvency risk
Investment 24
Disciplined investing over empire-building
Low Volatility 76
Calm price path (market factor)
Momentum 64
Price trend over the last 3–12 months (market factor)
52W Momentum 68
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

India Glycols Limited, a green petrochemical company, manufactures and sells industrial chemicals in India. It operates through Bio-based Specialities and Performance Chemicals, Potable Spirits, and Ennature Biopharma segments.

Full company description

India Glycols Limited, a green petrochemical company, manufactures and sells industrial chemicals in India. It operates through Bio-based Specialities and Performance Chemicals, Potable Spirits, and Ennature Biopharma segments. The company offers bio mono ethylene, di ethylene, and tri ethylene glycols; ethyl/butyl glycol ethers and acetates, and brake fluids; bio-polymers comprising guar and natural gums; biofuels; specialty chemicals, such as plasticisers, oil fields chemicals, bio-amines, methyl soyate, MDEA and MDEA derivatives, bio-potash granules, and C-Smart specialty products; molasses and grain based extra neutral alcohol; and specialty gases, including industrial and medical oxygen, food grade and industrial carbon dioxide, liquid argon and nitrogen, ethylene oxide, and bio ethylene oxide. It also provides Indian made foreign liquor, such as whiskey under Soulmate Blu and Single Reserve brands; vodka under Amazing brand; and rum under Zumba and Beach House XXX brands, as well as economy spirits under Bunty brand, and branded country liquor. In addition, the company offers natural active pharmaceutical ingredients, nutraceuticals, standardized botanical extracts, and nicotine derivatives. Further, its products find applications in pharma and healthcare; textiles; automotive; personal care; industrial and manufacturing; paints and coatings; oil and gas; food ingredients; packaging; potable spirits; and other various industries. The company also exports its products. The company was formerly known as UP Glycols Limited and changed its name to India Glycols Limited in August 1986. India Glycols Limited was incorporated in 1983 and is headquartered in Noida, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

India Glycols Limited reported revenue of ₹42.1B in FY2026 versus ₹28.7B in FY2022, a compound +10.1%/yr. Reported net income was ₹2.9B in FY2026, compounding −3.7%/yr from FY2022.

Growth Quality 50/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹42.1B
Latest YoY
+11.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+16.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.9%
Avg. growth/yr (21Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.1%
Revenue +10.1%/yr
FY22 ₹28.7B
FY23 ₹26.4B
FY24 ₹32.9B
FY25 ₹37.7B
FY26 ₹42.1B
Net income −3.7%/yr
FY22 ₹3.4B
FY23 ₹1.3B
FY24 ₹1.7B
FY25 ₹2.3B
FY26 ₹2.9B

INDIAGLYCO screens 49% overvalued. Compare with BASF SE →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "India Glycols Limited Fair Value". https://www.fairvalue-calculator.com/stock/INDIAGLYCO

Peer Group

Chemicals · 331 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 32 · Bottom 25%
Fair Value upside −49% · Below median
Return on equity (TTM) 11% · Top 25%
Return on assets 5% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 13% · Above median
Revenue growth 13% · Above median
Dividend yield (TTM) 1.0% · Below median
Debt / equity 0.31× · Higher than median

Valuation Multiples vs Chemicals median · lower = cheaper

P/E (TTM) 23.1× · Cheaper than median
P/B 2.46× · Pricier than median
P/S (TTM) 1.71× · Pricier than median
EV/EBITDA 12.4× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 66 · sector 20
PAST 45 · sector 20
HEALTH 84 · sector 94
DIVIDEND 21 · sector 33

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Chemicals stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
BASF SE BASN 1,034 MXN 467.04 MXN -55%
PT Barito Pacific Tbk, BRPT 1,950 IDR 1,608 IDR -18%
LG Chem, Ltd 051910 275,500 KRW 587,755 KRW +113%
SRF Limited 503806 ₹2,609 ₹749.17 -71%
542812 542812 ₹4,709 ₹791.05 -83%
Navin Fluorine International Limited NAVINFLUOR ₹8,357 ₹2,146 -74%
506285 506285 ₹4,048 ₹1,589 -61%
Kansai Nerolac Paints Limited 500165 ₹209.25 ₹80.51 -62%
Deepak Nitrite Limited DEEPAKNTR ₹1,718 ₹679.17 -60%
KCC Corporation 002380 454,000 KRW 1,763,304 KRW +288%

Compare India Glycols Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Basic Materials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is India Glycols Limited (INDIAGLYCO) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹541.98 versus a price of ₹1,061, about −49% (overvalued).
What is the fair value of INDIAGLYCO?
Our model-based fair value for India Glycols Limited is ₹541.98 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹1,061.
What is the quality score of INDIAGLYCO?
India Glycols Limited has a Quality Score of 32/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of India Glycols Limited (INDIAGLYCO)?
India Glycols Limited reported trailing-twelve-month revenue of about ₹42.1B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of INDIAGLYCO?
The net profit margin of India Glycols Limited is about 7.0%, meaning it keeps roughly 7.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track India Glycols Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.