IGC

India Globalization Capital, Inc. [IGC] Stock Forecast

Q: What is India Globalization Capital, Inc. stock symbol ?

India Globalization Capital, Inc. is a US stock, located in Potomac of Md and trading under the symbol IGC

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IGC Stock Summary

EPS has been increasing for the past 3 quarters (Quarter statements)

Earnings are expected to fall -100% next year

EPS has been decreasing for the past 3 years (Yearly statements)

Does not have any significance market cap ($17.99M)

IGC has less than 1 year of cash runway

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In the News

11:19 26 Mar 2023 IGC

IGC to Present at the RHK 2022 Disruptive Growth Conference

POTOMAC, Md., Nov. 30, 2022 (GLOBE NEWSWIRE) -- India Globalization Capital, Inc (NYSE American: IGC) (“IGC” or the “Company”) today announced that Ram Mukunda, Chief Executive Officer, will be presenting at the RHK Disruptive Growth Conference in New York City on Monday, December 5 at 11:20 am ET and will be available for one-on-one meetings on Monday, December 5 and Tuesday, December 6.

01:51 26 Mar 2023 IGC

Weed Stocks This Week: Major Earnings Blitz

Welcome back to our weekly series, Schaeffer's Cannabis Stock News Update, where we recap what happened in the world of marijuana stocks this week, and look ahead to how the cannabis industry will continue to develop in 2022.

07:19 26 Mar 2023 IGC

Wheat ETF Surges as Russia-Ukraine War Fuels Supply Concerns

A wheat-related exchange traded fund surged on Thursday, with wheat futures hitting a 14-year high as Russia's invasion of Ukraine hindered exports from a major global bread basket. Among the best-performing non-leveraged ETFs of Thursday, the Teucrium Wheat Fund (NYSEArca: WEAT) jumped 14.7%.

08:51 26 Mar 2023 IGC

India Globalization Capital Posts Net Loss Of $2.38M For The Third Quarter

India Globalization Capital, Inc. IGC announced its financial results for the three months ending December 31, 2021 – quarter three of the company's 2022 fiscal year. Q3 Financial Highlights

12:27 26 Mar 2023 IGC

9 Hottest Stories from the Cannabis Sector This Week

Welcome back to our weekly series, Schaeffer's Cannabis Stock News Update , where we recap what happened in the world of marijuana stocks and look ahead to how the cannabis industry continues to shape up in 2021.

04:00 26 Mar 2023 IGC

IGC Announces Results of its 2021 Annual Stockholders Meeting

POTOMAC, Md.--(BUSINESS WIRE)-- #Alzheimers--Voting on all matters as disclosed on the Def Proxy filed with the SEC on Sep 15'21 were passed at IGC's Annual Meeting of Shareholders on Oct 15'21.

06:25 26 Mar 2023 IGC

IGC Stock: Over 15% Increase Pre-Market Explanation

The stock price of India Globalization Capital, Inc. (NYSEAMERICAN: IGC) increased by over 15% pre-market. This is why it happened.

07:30 26 Mar 2023 IGC

IGC Completes its Phase 1 Clinical Trial on Alzheimer's Patients, Reports Safety and Tolerability

POTOMAC, Md.--(BUSINESS WIRE)-- #Alzheimers--IGC Completes its Phase 1 Clinical Trial on Alzheimer's Patients, Reports Safety and Tolerability.

08:00 26 Mar 2023 IGC

IGC Reports Financial Results for the June 30, 2021, Quarter

BETHESDA, Md.--(BUSINESS WIRE)-- #IGCAD1--IGC announces financial results for quarter ended Jun 30, 2021 & completion of Phase 1 clinical trial of IGC-AD1 to alleviate Alzheimer's symptoms.

09:27 26 Mar 2023 IGC

India Globalization Capital Receives Patent To Treat Alzheimer's With Cannabis Drug

IGC Financial details

Company Rating

Neutral

Market Cap

17.99M

Income

-13.98M

Revenue

868K

Book val./share

0.35

Cash/share

0.1

Dividend

Dividend %

Employees

Optionable

Shortable

Yes

Earnings

21 Jun 2023

P/E

-1.27

Forward P/E

PEG

-0.32

P/S

20.38

P/B

0.97

P/C

3.39

P/FCF

-2.58

Quick Ratio

3.9

Current Ratio

6.9

Debt / Equity

0.1

LT Debt / Equity

0.02

EPS (TTM)

-0.29

EPS next Y

EPS next Q

EPS this Y

42.86%

EPS next Y

EPS next 5Y

EPS last 5Y

37.97%

Revenue last 5Y

-28.95%

Revenue Q/Q

64.36%

EPS Q/Q

-14%

SMA20

-12.82%

SMA50

SMA100

-19.05%

Inst Own

10.46%

Inst Trans

-0.36%

ROA

-70%

ROE

-66%

ROC

-0.75%

Gross Margin

51%

Oper. Margin

-1621%

Profit Margin

-1610%

Payout

Shs Outstand

53.08M

Shs Float

47.66M

Target Price

52W Range

0.28-1.16

52W High

52W Low

RSI

37.23

Rel Volume

0.36

Avg Volume

159K

Volume

57.8K

Perf Week

-0.56%

Perf Month

-17.28%

Perf Quarter

-21.4%

Perf Half Y

-27.81%

Beta

3.42301

Volatility

0.01%, 0.02%

Prev Close

-1.58%

Price

0.339

Change

-7.76%

IGC Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-03-31

Metric	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31
Revenue per share	0.08	0.14	0.1	0.02	0.01
Net income per share	-0.06	-0.12	-0.19	-0.21	-0.3
Operating cash flow per share	-0.07	-0.09	-0.22	-0.26	-0.15
Free cash flow per share	-0.08	-0.1	-0.33	-0.3	-0.16
Cash per share	0.06	0.72	0.31	0.35	0.21
Book value per share	0.29	0.95	0.67	0.78	0.48
Tangible book value per share	0.28	0.94	0.67	0.77	0.46
Share holders equity per share	0.29	0.95	0.67	0.78	0.48
Interest debt per share	0.08	0	0.01	0.02	0.01
Market cap	15.64M	71.49M	19.35M	75.11M	47.44M
Enterprise value	16.21M	45.93M	12.63M	61.55M	37.47M
P/E ratio	-8.76	-17.45	-2.65	-8.53	-3.16
Price to sales ratio	7.14	13.97	4.75	83.65	119.49
POCF ratio	-8.1	-21.47	-2.23	-6.96	-6.36
PFCF ratio	-7.34	-21.09	-1.47	-6.06	-5.78
P/B Ratio	1.94	2.13	0.73	2.29	1.99
PTB ratio	1.94	2.13	0.73	2.29	1.99
EV to sales	7.39	8.98	3.1	68.54	94.37
Enterprise value over EBITDA	-9.34	-11.38	-1.76	-7.39	-2.61
EV to operating cash flow	-8.4	-13.79	-1.46	-5.7	-5.02
EV to free cash flow	-7.61	-13.55	-0.96	-4.97	-4.57
Earnings yield	-0.11	-0.06	-0.38	-0.12	-0.32
Free cash flow yield	-0.14	-0.05	-0.68	-0.16	-0.17
Debt to equity	0.35	0.03	0.09	0.09	0.12
Debt to assets	0.26	0.03	0.08	0.09	0.11
Net debt to EBITDA	-0.33	6.33	0.94	1.63	0.69
Current ratio	1.37	30.44	9.12	9.93	6.19
Interest coverage	-58.19	0	0	0	0
Income quality	1.08	0.81	1.19	1.23	0.5
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0	0.69	1.47	0	0
Research and developement to revenue	0	0.25	0.25	1.03	5.87
Intangibles to total assets	0.01	0.01	0.01	0.01	0.03
Capex to operating cash flow	0.1	0.02	0.51	0.15	0.1
Capex to revenue	-0.09	-0.01	-1.1	-1.77	-1.87
Capex to depreciation	-10.33	-1.02	-31.01	-3.33	-1.14
Stock based compensation to revenue	0.26	0.12	0.19	0.73	5.53
Graham number	0.64	1.57	1.67	1.92	1.8
ROIC	-0.24	0.27	-0.5	-1.39	-3.13
Return on tangible assets	-0.17	-0.12	-0.25	-0.25	-0.58
Graham Net	-0.02	0.7	0.31	0.38	0.19
Working capital	858.99K	25.85M	15.81M	21.15M	12.67M
Tangible asset value	7.94M	33.39M	26.29M	32.4M	22.98M
Net current asset value	416.6K	25.83M	15.31M	20.45M	12.17M
Invested capital	0.28	0	0.02	0.03	0.02
Average receivables	655.37K	320.91K	108.5K	1.02M	1.26M
Average payables	234.4K	185.64K	540.5K	619K	728.5K
Average inventory	243.25K	367.25K	2.25M	4.86M	4.51M
Days sales outstanding	92.86	5.99	11.92	778.78	548.88
Days payables outstanding	9.04	23.36	70.29	221.32	1.76K
Days of inventory on hand	84.11	18.16	391.57	2.55K	6.38K
Receivables turnover	3.93	60.9	30.62	0.47	0.66
Payables turnover	40.39	15.62	5.19	1.65	0.21
Inventory turnover	4.34	20.1	0.93	0.14	0.06
ROE	-0.22	-0.12	-0.28	-0.27	-0.63
Capex per share	-0.01	0	-0.11	-0.04	-0.01

Quarterly Fundamentals Overview

Last date of statement is 2022-12-31 for Q3

Metric	2021-12-31	2022-03-31	2022-06-30	2022-09-30	2022-12-31
Revenue per share	0	0	0	0	0.01
Net income per share	-0.05	-0.15	-0.05	-0.05	-0.04
Operating cash flow per share	-0.05	-0.02	-0.04	-0.03	-0.03
Free cash flow per share	-0.05	-0.03	-0.05	-0.03	-0.03
Cash per share	0.23	0.25	0.16	0.13	0.1
Book value per share	0.58	0.57	0.43	0.39	0.35
Tangible book value per share	0.57	0.55	0.41	0.37	0.33
Share holders equity per share	0.58	0.57	0.43	0.39	0.35
Interest debt per share	0.01	0.01	0.01	0.01	0.01
Market cap	49.85M	39.82M	27.36M	22.51M	16.6M
Enterprise value	38.43M	29.85M	19.76M	16.43M	12.04M
P/E ratio	-5.23	-1.53	-2.46	-2.3	-1.85
Price to sales ratio	351.08	326.39	129.04	111.44	50.01
POCF ratio	-20.58	-44.89	-12.46	-13.35	-10.07
PFCF ratio	-20.18	-27.65	-11.62	-14.18	-10.46
P/B Ratio	1.69	1.67	1.24	1.12	0.91
PTB ratio	1.69	1.67	1.24	1.12	0.91
EV to sales	270.67	244.65	93.2	81.35	36.26
Enterprise value over EBITDA	-17.35	-4.71	-7.53	-7.23	-5.8
EV to operating cash flow	-15.87	-33.65	-9	-9.75	-7.31
EV to free cash flow	-15.55	-20.73	-8.39	-10.35	-7.58
Earnings yield	-0.05	-0.16	-0.1	-0.11	-0.14
Free cash flow yield	-0.05	-0.04	-0.09	-0.07	-0.1
Debt to equity	0.06	0.12	0.1	0.09	0.1
Debt to assets	0.06	0.11	0.09	0.08	0.09
Net debt to EBITDA	5.16	1.57	2.9	2.68	2.2
Current ratio	15.04	6.19	7.67	8.1	6.9
Interest coverage	0	0	0	0	0
Income quality	1.02	0.14	0.79	0.69	0.73
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0	0	0	9.18	0
Research and developement to revenue	2.65	10.11	6.58	3.8	2.43
Intangibles to total assets	0.01	0.03	0.04	0.04	0.05
Capex to operating cash flow	0.02	0.62	0.07	0	0
Capex to revenue	-0.35	-4.53	-0.75	0	0
Capex to depreciation	-0.3	-3.35	-0.98	0	0
Stock based compensation to revenue	3.68	9.22	5.43	3.09	1.46
Graham number	0.78	1.41	0.72	0.64	0.58
ROIC	-0.34	-1.32	-0.37	-0.3	-0.23
Return on tangible assets	-0.08	-0.25	-0.12	-0.12	-0.12
Graham Net	0.26	0.23	0.16	0.14	0.1
Working capital	17.96M	12.67M	11.07M	9.82M	8M
Tangible asset value	29.05M	22.98M	21.1M	19.19M	17.3M
Net current asset value	17.42M	12.17M	10.6M	9.39M	7.6M
Invested capital	0.02	0.02	0.02	0.03	0.02
Average receivables	631K	636K	619.5K	493K	297.5K
Average payables	387.5K	669K	718.5K	456K	461K
Average inventory	5.46M	4.49M	3.59M	3.69M	3.75M
Days sales outstanding	427.82	440.41	272.55	153.27	68.04
Days payables outstanding	401.63	1.64K	586.29	612.54	182.35
Days of inventory on hand	6.11K	5.91K	4.66K	5.04K	1.47K
Receivables turnover	0.21	0.2	0.33	0.59	1.32
Payables turnover	0.22	0.06	0.15	0.15	0.49
Inventory turnover	0.01	0.02	0.02	0.02	0.06
ROE	-0.08	-0.27	-0.13	-0.12	-0.12
Capex per share	0	-0.01	0	0	0

IGC Frequently Asked Questions

What is India Globalization Capital, Inc. stock symbol ?

India Globalization Capital, Inc. is a US stock , located in Potomac of Md and trading under the symbol IGC

What is India Globalization Capital, Inc. stock quote today ?

India Globalization Capital, Inc. stock price is $0.339 today.

Is India Globalization Capital, Inc. stock public?

Yes, India Globalization Capital, Inc. is a publicly traded company.

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Company Profile

Volume Average 159K
Market Capitalization 17.99M
Employee 52
CEO Mr. Ram Mukunda
Headquarters Potomac,MD,US
IPO Date 2006-04-13
Website https://www.igcinc.us

India Globalization Capital, Inc. purchases and resells physical infrastructure commodities. It operates through two segments, Infrastructure and Life Sciences. The company rents heavy construction equipment, including motor grader and rollers; and undertakes highway construction contracts. It also develops cannabinoid-based products and therapies, such as hemp-based tinctures to treat anxiety, and enhance the lifestyle of patients suffering from Alzheimer's under the Hyalolex brand name; CBD based tinctures, capsules, and topical analgesic creams to treat pain under the Holief brand name; CBD powered beauty and skincare products under the Herbo brand name; and CBD infused beverages under the Sunday Seltzer brand. The company also engages in the wholesale of hemp extract under the Holi Hemp brand; production of products, such as lotions, creams, and oils, as well as white labeling support services; and extraction and distillation of crude oil into hemp extracts. It operates in the United States, India, Colombia, and Hong Kong. The company was incorporated in 2005 and is headquartered in Potomac, Maryland.