Ig Petrochemicals Limited Stock Gross Profit

IGPL Stock   570.25  1.95  0.34%   
IG Petrochemicals Limited fundamentals help investors to digest information that contributes to IG Petrochemicals' financial success or failures. It also enables traders to predict the movement of IGPL Stock. The fundamental analysis module provides a way to measure IG Petrochemicals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IG Petrochemicals stock.
Last ReportedProjected for Next Year
Gross Profit1.3 B2.6 B
Gross Profit is likely to gain to about 2.6 B in 2024.
  
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IG Petrochemicals Limited Company Gross Profit Analysis

IG Petrochemicals' Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current IG Petrochemicals Gross Profit

    
  6.12 B  
Most of IG Petrochemicals' fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, IG Petrochemicals Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, IG Petrochemicals Limited reported 6.12 B of gross profit. This is 61.7% lower than that of the Chemicals sector and 117.24% higher than that of the Materials industry. The gross profit for all India stocks is 77.66% higher than that of the company.

IGPL Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IG Petrochemicals' direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of IG Petrochemicals could also be used in its relative valuation, which is a method of valuing IG Petrochemicals by comparing valuation metrics of similar companies.
IG Petrochemicals is currently under evaluation in gross profit category among its peers.

IGPL Fundamentals

About IG Petrochemicals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze IG Petrochemicals Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IG Petrochemicals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IG Petrochemicals Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for IGPL Stock Analysis

When running IG Petrochemicals' price analysis, check to measure IG Petrochemicals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IG Petrochemicals is operating at the current time. Most of IG Petrochemicals' value examination focuses on studying past and present price action to predict the probability of IG Petrochemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IG Petrochemicals' price. Additionally, you may evaluate how the addition of IG Petrochemicals to your portfolios can decrease your overall portfolio volatility.