IGC - India Globalization Capital Inc Stock Price, Fair Value and News

0.46USD-0.03 (-6.12%)Delayed as of 22 Apr 2024, 03:03 pm ET

Market Summary

USD0.46-0.03

Delayedas of 22 Apr 2024, 03:03 pm

-6.12%

IGC Stock Price

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IGC RSI Chart

IGC Valuation

Market Cap

31.2M

Price/Earnings (Trailing)

-2.21

Price/Sales (Trailing)

90.19

EV/EBITDA

-2.22

Price/Free Cashflow

-5.05

IGC Price/Sales (Trailing)

IGC Profitability

Operating Margin

-178.54%

EBT Margin

-6672.17%

Return on Equity

-156.18%

Return on Assets

-125.58%

Free Cashflow Yield

-19.82%

IGC Fundamentals

IGC Revenue

Revenue (TTM)

212.0K

Rev. Growth (Yr)

-38.55%

Rev. Growth (Qtr)

-29.9%

IGC Earnings

Earnings (TTM)

-14.1M

Earnings Growth (Yr)

-148.51%

Earnings Growth (Qtr)

-128.03%

Breaking Down IGC Revenue

52 Week Range

0.280.51

(Low)(High)

Last 7 days

11.4%

Last 30 days

44.1%

Last 90 days

75%

Trailing 12 Months

32.3%

How does IGC drawdown profile look like?

IGC Financial Health

Current Ratio

1.85

Debt/Equity

0.02

Debt/Cashflow

-44.86

IGC Investor Care

Shares Dilution (1Y)

20.08%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	212.0K	0	0	0
2022	397.0K	532.0K	678.0K	868.0K
2021	898.0K	391.0K	322.0K	356.0K
2020	4.1M	3.0M	1.3M	846.0K
2019	5.1M	5.3M	6.3M	5.6M
2018	2.2M	3.6M	4.2M	4.7M
2017	793.5K	557.9K	630.7K	1.1M
2016	6.4M	4.8M	2.9M	2.1M
2015	7.7M	8.8M	8.7M	7.3M
2014	2.3M	3.6M	5.0M	6.3M
2013	8.0M	7.9M	7.7M	3.8M
2012	4.2M	4.4M	4.8M	7.8M
2011	4.1M	4.0M	3.2M	3.7M
2010	17.9M	14.4M	11.0M	7.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of India Globalization Capital Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 13, 2024	mukunda ram	acquired	-	-	1,151,250	ceo
Mar 13, 2024	prins richard k	acquired	-	-	329,583	-
Mar 13, 2024	mukunda ram	gifted	-	-	-200,000	ceo
Mar 13, 2024	moran james p	acquired	-	-	220,834	-
Mar 13, 2024	mukunda ram	acquired	-	-	33,334	ceo
Mar 13, 2024	grimaldi claudia	acquired	-	-	336,666	-
Jun 23, 2023	mukunda ram	gifted	-	-	-400,000	ceo
Mar 31, 2023	moran james p	acquired	-	-	83,334	-
Mar 31, 2023	prins richard k	acquired	-	-	158,334	-
Mar 31, 2023	mukunda ram	acquired	-	-	33,334	ceo

Which funds bought or sold IGC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	Game Plan Financial Advisors, LLC	sold off	-100	-140	-	-%
Apr 11, 2024	DHJJ Financial Advisors, Ltd.	unchanged	-	9.00	32.00	-%
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	-51,097	180,711	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	100	13,157	36,690	-%
Feb 26, 2024	Virtu Financial LLC	reduced	-13.25	-8,000	17,000	-%
Feb 15, 2024	JANE STREET GROUP, LLC	sold off	-100	-16,722	-	-%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	-5,465	19,327	-%
Feb 14, 2024	MILLENNIUM MANAGEMENT LLC	sold off	-100	-5,129	-	-%
Feb 14, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	added	40.92	1,932	21,532	-%

Are Funds Buying or Selling IGC?

Are funds buying IGC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own IGC

No. of Funds

Recent SEC filings of India Globalization Capital Inc

View All Filings

Date Filed	Form Type	Document
Apr 18, 2024	S-3	S-3
Apr 05, 2024	8-K	Current Report
Mar 28, 2024	8-K	Current Report
Mar 22, 2024	8-K	Current Report
Mar 22, 2024	424B5	Prospectus Filed
Mar 18, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading

Peers (Alternatives to India Globalization Capital Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MRNA	38.7B	6.8B	-1.66%	-28.18%	-8.22	5.66	-64.45%	-156.37%
HILS	22.4B	152.6K	-0.77%	465779.94%	-2.4K	146.8K	-	-9.98%
ALNY	18.2B	1.8B	-2.46%	-28.84%	-41.3	9.94	76.23%	61.08%
BMRN	16.7B	2.4B	4.57%	-8.46%	99.75	6.91	15.42%	18.43%
INCY	11.8B	3.7B	-10.11%	-29.11%	19.67	3.18	8.87%	75.42%
MID-CAP
APLS	5.7B	396.6M	-14.37%	-42.33%	-10.84	14.45	425.83%	18.94%
BBIO	4.4B	-	-13.59%	50.21%	-6.66	60.35	54.84%	-34.79%
AXSM	3.2B	270.6M	-13.81%	-4.67%	-13.45	11.89	440.80%	-27.84%
ACAD	2.8B	726.4M	-9.91%	-15.82%	-45.22	3.82	40.45%	71.62%
ARWR	2.8B	240.7M	-20.67%	-25.33%	-9.32	12.18	-1.03%	-92.09%
SMALL-CAP
CPRX	1.8B	398.2M	-10.64%	-8.42%	24.94	4.47	85.90%	-14.05%
NVAX	558.4M	983.7M	-17.39%	-51.52%	-1.02	0.57	-50.36%	17.16%
CRBP	409.4M	881.7K	-0.38%	387.14%	-9.18	466.16	-77.61%	-5.33%
INO	226.2M	4.9M	-10.29%	-2.81%	-1.67	46.49	-54.97%	51.71%
IBIO	6.0M	2.1M	59.81%	33.59%	-0.22	2.14	-13.45%	66.37%

India Globalization Capital Inc News

Latest updates

India Globalization Capital Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-29.9%	204,000	291,000	555,000	443,500	332,000	202,000	212,000	122,000	142,000	56,000	77,000	81,000	108,000	125,000	584,000	29,000	573,000	1,821,000	1,649,000	1,542,000	1,285,000
Cost Of Revenue	-39.3%	71,000	117,000	300,000	102,500	230,000	67,000	70,000	54,000	80,000	18,000	51,000	54,000	94,000	99,000	538,000	13,000	543,000	1,793,000	1,608,000	1,515,000	1,240,000
Gross Profit	-23.6%	133,000	174,000	255,000	63,000	102,000	135,000	142,000	68,000	62,000	38,000	26,000	27,000	14,000	26,000	46,000	16,000	30,000	28,000	41,000	27,000	45,000
S&GA Expenses	59.5%	2,228,000	1,397,000	1,647,000	3,591,000	1,574,000	1,855,000	1,550,000	5,336,000	2,070,000	4,110,000	1,776,000	2,484,000	2,186,000	1,483,000	1,755,000	2,212,000	1,413,000	1,094,000	1,249,000	1,582,000	807,000
R&D Expenses	-28.8%	903,000	1,268,000	747,000	493,000	806,000	768,000	1,394,000	1,203,000	377,000	276,000	444,000	334,000	154,000	219,000	222,000	247,000	295,000	222,000	247,000	793,500	166,000
EBITDA Margin	-33.0%	-63.77	-47.96	-47.86	-51.17	-15.33	-19.83	-28.87	-36.18	-30.37	-33.51	-20.87	-9.28	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	2,000	2,000	2,000	2,000	3,000
Income Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	-
Earnings Before Taxes	-128.0%	-5,589,000	-2,451,000	-2,075,000	-4,030,000	-2,249,000	-2,442,000	-2,785,000	-6,503,000	-2,381,000	-4,344,000	-1,788,000	-2,949,000	-2,323,000	-1,657,000	-1,882,000	-3,154,000	-1,603,000	-1,179,000	-1,379,000	-1,576,000	-1,148,000
EBT Margin	-30.9%	-66.72	-50.97	-50.92	-54.27	-16.10	-20.81	-30.10	-37.82	-32.20	-35.42	-22.29	-9.81	-	-	-	-	-	-	-	-	-
Net Income	-128.0%	-5,589,000	-2,451,000	-2,075,000	-4,024,000	-2,249,000	-2,442,000	-2,785,000	-6,503,000	-2,381,000	-4,344,000	-1,788,000	-2,949,000	-2,323,000	-1,657,000	-1,882,000	-3,154,000	-1,603,000	-1,179,000	-1,379,000	-1,578,000	-1,148,000
Net Income Margin	-30.9%	-66.72	-50.97	-50.92	-54.27	-16.09	-20.79	-30.07	-37.78	-32.20	-35.42	-22.29	-9.81	-	-	-	-	-	-	-	-	-
Free Cashflow	1.9%	-1,587,000	-1,618,000	-1,488,000	-1,644,000	-1,775,000	-1,813,000	-2,323,000	-971,000	-2,449,000	-2,334,000	-1,944,000	-2,594,000	-1,997,000	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-31.8%	11,259	16,506	15,673	17,178	20,070	21,958	24,166	26,834	31,288	33,836	34,444	35,867	24,163	26,346	28,299	28,984	31,102	32,887	33,505	34,465	37,159
Current Assets	-41.4%	3,583	6,117	5,078	6,466	9,354	11,199	12,727	15,111	19,237	21,704	22,190	23,517	11,421	13,687	16,002	17,757	20,506	23,900	24,574	26,723	28,160
Cash Equivalents	-54.5%	1,378	3,026	1,723	3,196	4,945	6,623	8,053	10,460	11,941	14,399	13,319	14,548	968	1,151	2,703	7,258	10,129	14,063	16,554	25,610	27,033
Inventory	-27.0%	1,925	2,636	2,641	2,651	3,748	3,750	3,622	3,548	5,428	5,498	5,476	5,478	5,156	6,684	6,523	4,245	3,585	3,108	1,970	248	-
Net PPE	-33.7%	5,268	7,947	8,104	8,213	8,309	8,470	9,161	9,419	10,520	10,589	10,704	10,840	10,968	10,906	10,603	9,780	8,687	7,123	7,055	5,886	5,864
Liabilities	-8.4%	2,206	2,408	2,471	2,267	1,753	1,814	2,126	2,942	1,813	2,580	2,707	3,064	2,691	2,748	3,436	2,447	1,316	1,645	1,085	893	598
Current Liabilities	-8.1%	1,936	2,106	2,131	1,898	1,356	1,382	1,659	2,441	1,279	2,015	2,112	2,368	1,918	1,898	2,319	1,946	1,301	1,630	1,070	878	534
Short Term Borrowings	-	-	-	-	-	-	-	3.00	3.00	3.00	3.00	3.00	304	252	196	-	50.00	50.00	50.00	50.00	50.00	-
Long Term Debt	-0.7%	138	139	140	141	141	142	143	144	145	146	147	276	328	384	630	-	-	-	-	-	-
LT Debt, Non Current	-0.7%	138	139	140	141	141	142	143	144	145	146	147	276	328	384	630	-	-	-	-	-	-
Shareholder's Equity	-35.8%	9,053	14,098	13,202	14,911	18,317	20,144	22,040	23,892	29,475	31,256	31,737	32,803	21,472	23,598	24,863	26,537	29,786	31,242	32,420	33,572	36,561
Retained Earnings	-5.3%	-110,780	-105,191	-102,740	-100,665	-96,635	-94,386	-91,944	-89,159	-82,656	-80,275	-75,931	-74,143	-71,229	-68,906	-67,249	-65,367	-62,213	-60,610	-59,431	-58,052	-56,315
Shares Outstanding	0.0%	63,734	63,707	53,077	53,077	53,077	53,058	51,841	51,054	51,054	51,041	48,284	47,827	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	20,813	-	-	-	70,376	-	-	-	38,047	-	-	-	34,795	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	1.9%	-1,587	-1,618	-1,468	-1,517	-1,648	-1,686	-2,196	-887	-2,422	-2,302	-1,851	-2,505	-1,845	-2,462	-3,988	-1,993	-2,240	-1,572	-2,872	-1,148	-1,331
Share Based Compensation	-4.4%	526	550	357	583	484	624	1,152	1,125	523	424	125	135	158	199	166	246	163	153	208	95.00	13.00
Cashflow From Investing	-184.7%	-61.00	72.00	-5.00	-242	-17.00	182	-158	-553	-49.00	-45.00	-95.00	1,928	1,654	941	-1,136	-741	-1,695	-925	-6,186	-211	-33.00
Cashflow From Financing	-100.0%	-1.00	2,859	-1.00	-1.00	-	102	-1.00	-1.00	-1.00	3,418	726	14,158	-	-50.00	580	-77.00	-	18.00	-	-7.00	21,922

IGC Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Revenue	$ 204	$ 332	$ 1,050	$ 745
Cost of revenue	(71)	(230)	(488)	(366)
Gross profit	133	102	562	379
Selling, General and Administrative expenses	(2,228)	(1,574)	(5,272)	(4,943)
Research and development expenses	(903)	(806)	(2,918)	(2,968)
Operating loss	(2,998)	(2,278)	(7,628)	(7,532)
Impairment Loss on PPE	(2,623)	0	(2,623)	0
Other income, net	32	29	136	56
Loss before income taxes	(5,589)	(2,249)	(10,115)	(7,476)
Income tax expense/benefit	0	0	0	0
Net loss attributable to common stockholders	(5,589)	(2,249)	(10,115)	(7,476)
Foreign currency translation adjustments	18	(61)	(36)	(462)
Comprehensive loss	$ (5,571)	$ (2,310)	$ (10,151)	$ (7,938)
Net loss per share attributable to common stockholders:
Basic and diluted (in Dollars per share)	$ (0.09)	$ (0.04)	$ (0.18)	$ (0.14)
Weighted-average number of shares used in computing net loss per share amounts: (in Shares)	63,725,084	53,063,473	57,039,035	52,412,830

IGC Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Current assets:
Cash and cash equivalents	$ 1,378	$ 3,196
Accounts receivable, net	92	107
Short term investments		154
Inventory	1,925	2,651
Deposits and advances	188	358
Total current assets	3,583	6,466
Non-current assets:
Intangible assets, net	1,182	1,170
Property, plant, and equipment, net	5,268	8,213
Claims and advances	999	1,003
Operating lease asset	227	326
Total non-current assets	7,676	10,712
Total assets	11,259	17,178
Current liabilities:
Accounts payable	648	530
Accrued liabilities and others	1,288	1,368
Total current liabilities	1,936	1,898
Non-current liabilities:
Long-term loans	138	141
Other liabilities	17	21
Operating lease liability	115	207
Total non-current liabilities	270	369
Total liabilities	2,206	2,267
Commitments and Contingencies – See Note 12
Stockholders’ equity:
Preferred stock, $0.0001 par value: authorized 1,000,000 shares, no shares issued or outstanding as of December 31, 2023, and March 31, 2023.	0	0
Common stock and additional paid-in capital, $0.0001 par value: 150,000,000 shares authorized; 63,734,439 and 53,077,436 shares issued and outstanding as of December 31, 2023, and March 31, 2023, respectively.	123,258	118,965
Accumulated other comprehensive loss	(3,425)	(3,389)
Accumulated deficit	(110,780)	(100,665)
Total stockholders’ equity	9,053	14,911
Total liabilities and stockholders’ equity	$ 11,259	$ 17,178

About India Globalization Capital Inc

IGC Pharma, Inc., a clinical stage biotechnology company, engages in developing cannabinoid-based formulations for treating diseases and conditions, including Alzheimer's disease, dysmenorrhea, premenstrual syndrome, and chronic pain. The company has two investigational drug assets targeting Alzheimer's disease comprising IGC-AD1, which is in a Phase 2B clinical trial as a treatment for agitation in dementia due to Alzheimer's; and TGR-63 that is in pre-clinical development. It also markets Holief, a wellness brand that targets women experiencing premenstrual syndrome and menstrual cramps. The company was formerly known as India Globalization Capital, Inc. and changed its name to IGC Pharma, Inc. in March 2023. The company was incorporated in 2005 and is headquartered in Potomac, Maryland.

CEO	Mr. Ram Mukunda
WEBSITE	https://igcpharma.com
INDUSTRY	Biotechnology
EMPLOYEES	61

India Globalization Capital Inc Frequently Asked Questions

What is the ticker symbol for India Globalization Capital Inc? What does IGC stand for in stocks?

IGC is the stock ticker symbol of India Globalization Capital Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of India Globalization Capital Inc (IGC)?

As of Fri Apr 19 2024, market cap of India Globalization Capital Inc is 31.23 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IGC stock?

You can check IGC's fair value in chart for subscribers.

What is the fair value of IGC stock?

You can check IGC's fair value in chart for subscribers. The fair value of India Globalization Capital Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of India Globalization Capital Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IGC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is India Globalization Capital Inc a good stock to buy?

The fair value guage provides a quick view whether IGC is over valued or under valued. Whether India Globalization Capital Inc is cheap or expensive depends on the assumptions which impact India Globalization Capital Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IGC.

What is India Globalization Capital Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, IGC's PE ratio (Price to Earnings) is -2.21 and Price to Sales (PS) ratio is 90.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IGC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on India Globalization Capital Inc's stock?

In the past 10 years, India Globalization Capital Inc has provided -0.052 (multiply by 100 for percentage) rate of return.