IG Petrochemicals FY26 Revenue ₹1,954 Cr, PAT Down 79%

IG Petrochemicals reported standalone FY26 revenue of ₹1,953.7 Cr and PAT of ₹23.2 Cr, a 79.4% YoY decline, with EBITDA margin contracting to 6.7% from 11.1%.
The company achieved mechanical completion of its ₹165 Cr plasticizer plant in Mar-26 and targets mechanical completion for its CBG plant by Q2 FY27.
Board recommended a dividend of ₹5 per equity share (face value ₹10) for FY26, maintaining its zero net debt position with healthy debt-to-equity.
Demand for Phthalic Anhydride remained stable despite geopolitical uncertainties, with exports contributing 11% of FY26 revenue and non-phthalic business at ₹146 Cr.