IG Petrochemicals (NSE:IGPL) ROCE %: 12.37% (As of Mar. 2026)


NSE:IGPL IG Petrochemicals Ltd NSE:IGPL
75 GF Score
Price ₹444.80
GF Value ₹400.58
Valuation Modestly Overvalued
! 10 Warning Signs
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What is IG Petrochemicals ROCE %?

IG Petrochemicals NSE:IGPL +0.58% 75 ROCE % is 12.37% as of Mar. 2026. GuruFocus rates NSE:IGPL with a GF Score™ of 75/100 and a GF Value™ of ₹400.58 (Modestly Overvalued). The stock has 10 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. IG Petrochemicals's annualized ROCE % for the quarter that ended in Mar. 2026 was 12.37%.

IG Petrochemicals  (NSE:IGPL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

IG Petrochemicals ROCE % Related Terms

IG Petrochemicals ROCE % Historical Data

* Premium members only.

The historical data trend for IG Petrochemicals's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IG Petrochemicals ROCE % Chart

IG Petrochemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.76 21.20 5.45 11.26 3.15

IG Petrochemicals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.80 -1.72 2.50 -0.66 12.37
NSE:IGPL
75GF Score
IG Petrochemicals Ltd NSE:IGPL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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IG Petrochemicals ROCE % Calculation

IG Petrochemicals's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=514.322/( ( (22109.031 - 6006.647) + (23004.7 - 6468.737) )/ 2 )
=514.322/( (16102.384+16535.963)/ 2 )
=514.322/16319.1735
=3.15 %

IG Petrochemicals's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2046.088/( ( (0 - 0) + (23004.7 - 6468.737) )/ 1 )
=2046.088/( ( 0 + 16535.963 )/ 1 )
=2046.088/16535.963
=12.37 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 12.37% mean?
IG Petrochemicals (NSE:IGPL) has a ROCE % of 12.37% as of Mar. 2026.
Is IG Petrochemicals' ROCE % too high?
IG Petrochemicals' current ROCE % is 12.37%. The Chemicals industry median ROCE % is 6.45. IG Petrochemicals' value of 12.37% is 91.9% above this industry median. Overall, IG Petrochemicals has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IG Petrochemicals' ROCE % compare to DOW?
IG Petrochemicals' ROCE % of 12.37% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.45. IG Petrochemicals' value of 12.37% is 91.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Chemicals company?
The median ROCE % among Chemicals companies is 6.45, based on 1,594 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IG Petrochemicals's current ROCE % of 12.37% is 91.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median ROCE % is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IG Petrochemicals's current ROCE % is 12.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IG Petrochemicals stock overvalued right now?
Based on GuruFocus' analysis, IG Petrochemicals (NSE:IGPL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹400.58, compared to a current price of ₹444.80 — trading 11% above its estimated fair value. The current ROCE % is 12.37% and 91.9% above the Chemicals industry median of 6.45. IG Petrochemicals' overall GF Score™ is 75/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For IG Petrochemicals (NSE:IGPL), the current ROCE % is 12.37% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IG Petrochemicals (NSE:IGPL) Overvalued in 2026?

Based on GuruFocus' analysis, IG Petrochemicals stock appears to be overvalued. The current stock price of ₹444.80 is trading 11% above its estimated GF Value™ of ₹400.58. GuruFocus considers IG Petrochemicals to be Modestly Overvalued.

Key valuation signals for NSE:IGPL:

  • ROCE %: 12.37%
  • GF Value™: ₹400.58 vs. price of ₹444.80 (11% above fair value)
  • GF Score™: 75/100 with 10 warning signs
  • Industry Position: 91.9% above the Chemicals median

No single metric tells the full story. See the NSE:IGPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

IG Petrochemicals Business Description

Other Exchanges 500199:India
Address 214, Nariman Point, Free Press Journal Marg, 401- 404, Raheja Centre, Mumbai, MH, IND, 400021
IG Petrochemicals Ltd is engaged in the manufacture and sale of organic chemicals. The company produces Phthalic Anhydride, Maleic Anhydride, and Benzoic Acid. Phthalic Anhydride is used for the manufacture of polyvinyl chloride products for manufacturing a range of consumer care, personal care, and home care products like shoes, pipes and hoses, boxes, containers, packaging films, medical and surgical equipment, and others. Geographically, the firm has a presence in both the Indian and international markets of which the Indian region accounts for the majority of revenue.
75GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹444.80
Price
₹400.58
GF Value