1:2 stock split next week: Company extended Amrut partnership, adding Prestige Whisky; expanded into Kerala and paramilitary markets & also announces Q1FY26 results!

India Glycols Ltd has announced a significant expansion of its alcoholic beverage portfolio and market reach. The company has extended its partnership with Amrut Distilleries Private Limited, adding "Amrut's Prestige Whisky" to its product line on a royalty basis, and will be responsible for its manufacturing, bottling, and marketing across key markets. Furthermore, India Glycols is strategically expanding into high-potential markets. In Kerala, the company secured approval for its in-house brands "Zumba Lemoni" (White Rum) and "Amazing" (Vodka, Brandy, and Rum), with procedural requirements nearing completion. This moves positions India Glycols to capitalise on Kerala's robust premium liquor market. The company has also strengthened its presence in the paramilitary business, now ranking among the top four suppliers out of 66 participants, with five of its brands currently being supplied, showcasing the strength and competitiveness of its brand portfolio.

The company has also announced a stock split to make its shares more accessible. Each existing equity share with a face value of Rs 10 will be subdivided into two equity shares with a face value of Rs 5 each. These new shares will hold the same rights and rankings as the original shares. The company has set Tuesday, August 12, 2025, as the "Record Date" to determine which shareholders are eligible for this split, under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Furthermore, the company announced Quarterly Results (Q1FY26) where net sales increased by 7.3 per cent to Rs 1,040 crore and net profit increased by 22 per cent to Rs 73 crore in Q1FY26 compared to Q1FY25. In FY25, the company reported net sales of Rs 3,768 crore and net profit of Rs 231 crore.

Established in 1988, India Glycols Ltd. (IGL) is a leading manufacturer of green technology-based bulk, specialty, and performance chemicals, alongside other diversified products like natural gums, spirits, industrial gases, sugar, and nutraceuticals. A significant portion of its business (64%) comes from Bio-based Specialities and Performance Chemicals, which includes products such as Bio-based Glycols (MEG, DEG, TEG, and Heavy Glycols), Glycol Ethers & Acetates, Ethylene Oxide Derivatives, Bio Fuel, Bio Polymers, Industrial Gases, Amines & Plasticisers. These chemicals are integral to a wide array of industries, including Food & Beverage, FMCG, Health & Personal Care, Paint, Coatings, Home Care, Automotive, Oil & Gas, Metal and Mining, and Textiles.

On Friday, shares of India Glycols Ltd gained 4.10 per cent to Rs 1,836.65 per share from its previous closing of Rs 1,764.15 per share. The stock has a 52-week high of Rs 2,139.30 per share and a 52-week low of Rs 1,005 per share. The company has a market cap of over Rs 5,500 crore and debtor days have improved from 45.7 to 35.4 days. The stock is up by 83 per cent from its 52-week low of Rs 1,005 per share and has given multibagger returns of over 500 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.