I G Petrochemicals Limited (500199) Earnings Call Transcripts

I G Petrochemicals Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, IG Petrochemicals Limited reported a revenue of INR 530 crores, up 9% quarter-over-quarter, driven by improved realization and higher volume. The company achieved an EBITDA margin of 14.1%, reflecting a significant recovery in profitability with a profit after tax of INR 37 crores compared to INR 21 crores in Q4 FY '25. Management indicated that while the market remains volatile, they expect profitability to improve in FY '27, with guidance for revenue from the plasticizer segment projected between INR 200 to 250 crores, contingent on market stabilization.

Reported metrics

Guidance from management

Management expects profitability to improve in FY '27, with revenue from the plasticizer segment projected between INR 200 to 250 crores, contingent on market stabilization.

What management said

So typically, today, we don't want to give any projections for market because the market is volatile, keeping in the geopolitical issues in the market and there's a fluctuation in the raw material prices as well as changing byproduct prices. To avoid giving any product within margins, I won't give -- we'll provide whatever is the market margin. We will be having around $100 to $120 over and above the market margin. T...

In market, it's between -- I'm not talking about the Jan-Feb particularly. But if you take the average, it's around $150 for Jan, Feb, March. And right now, it is hovering between $150 to $200 in market.

What analysts pressed on

Analysts expressed concerns about the impact of elevated raw material prices on demand and margins. There were questions regarding the sustainability of the current spreads and the potential for demand contraction if prices remain high for an extended period.

Main topics on the call

• Revenue Growth — IG Petrochemicals reported a revenue of INR 530 crores for Q4 FY '26, marking a 9% increase from the previous quarter. Management noted, "Revenue contribution from non-phthalic business remains for the quarter is INR 42 ...
• Profitability Recovery — The company achieved an EBITDA margin of 14.1% in Q4 FY '26, a substantial improvement from the previous quarter's 1%. This recovery was attributed to better operational efficiencies and pricing strategies, with manageme...
• Future Guidance — Management provided a cautious outlook for FY '27, expecting revenue from the plasticizer segment to be between INR 200 to 250 crores. They emphasized that this is contingent on market stabilization, stating, "If prices ...
• Impact of Geopolitical Issues — The ongoing geopolitical tensions, particularly in the Middle East, have led to volatility in raw material prices, impacting overall margins. Management noted, "We expect this disruption to gradually normalize over short...

Read the full I G Petrochemicals Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 13 I G Petrochemicals Limited earnings call transcripts on record, spanning November 11, 2022 to August 7, 2026. Based on this history, I G Petrochemicals Limited reports quarterly. The most recent call on file is dated August 7, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

500199

Exchange

BSE

Country

IN

Sector

Materials

Industry

Chemicals

Calls on record

13

First call

November 11, 2022

Most recent

August 7, 2026

Reporting cadence

quarterly