Sunday 18 October 2026 Export IGC’s income statement to Excel — free account

IGC Pharma, Inc.

IGC Pharma, Inc.’s revenue for fiscal 2025 (year ended March 2025) was $1.3 million, down 5.50% from fiscal 2024. In the quarter to June 2026, revenue fell 19.7%, EPS fell 100.0%, free cash flow fell 103.3% and total debt rose 713.5%, each against the same quarter a year earlier. Operating cash flow growth for five consecutive years.

0.25 0.00 0.00%

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Market cap: $26.3M
P/E: 0.0×
Fwd P/E: −3.6×
Dividend yield: —
F-score: 3/9
Altman Z: −16.58
Beneish M: −3.69
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24	Mar '25
Piotroski F-Score Full definition →	—	4	2	4	1	3	3	2	3	3
P/E ratio Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score Full definition →	(2.81)	(4.92)	(3.82)	47.71	1.60	11.74	3.72	(5.32)	(13.56)	(16.58)
P/S ratio Full definition →	1.34	20.78	6.88	13.97	4.75	83.65	119.63	19.62	21.00	17.55
P/FCF ratio Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z″-Score (non-manufacturers) Full definition →	(6.50)	(12.95)	(13.71)	38.00	6.02	6.74	(3.07)	(14.98)	(40.19)	(47.49)
Beneish M-Score Full definition →	(3.29)	1.62	15.01	(2.02)	(2.59)	0.28	(4.32)	(2.80)	(6.53)	(3.69)
P/Operating CF Full definition →	(54.03)	(8.67)	(7.81)	(21.47)	(2.23)	(6.95)	(6.36)	(2.54)	(5.43)	(30.55)
P/B ratio Full definition →	0.61	1.64	1.87	2.13	0.73	2.29	1.99	1.20	3.86	3.52
Price to Tangible BV Full definition →	0.67	1.69	1.90	2.14	0.74	2.32	2.07	1.30	4.95	4.98
EV/Sales Full definition →	1.26	21.42	6.32	8.99	1.85	68.00	93.65	16.25	20.31	17.44
EV/EBITDA Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EV/Operating CF Full definition →	(52.36)	(6.63)	(4.78)	(8.34)	(0.49)	(3.20)	(2.65)	(1.18)	(2.77)	(4.62)
EV/FCF Full definition →	(33.41)	(5.79)	(4.08)	(8.18)	(0.32)	(2.76)	(2.48)	(1.18)	(2.60)	(4.23)
Quick Ratio Full definition →	0.77	2.46	1.01	29.26	6.41	6.25	4.34	1.82	0.53	0.19
Current Ratio Full definition →	1.20	2.78	1.37	30.44	9.12	9.93	6.19	3.41	1.58	1.28
Net Debt/EBITDA Full definition →	0.22	(0.14)	(0.24)	5.58	1.76	1.70	0.70	0.29	0.12	0.04
Debt/Assets Full definition →	5.40%	23.43%	20.52%	0.15%	1.85%	1.62%	0.54%	0.82%	1.38%	1.53%
Debt/Equity Full definition →	0.07	0.36	0.28	0.00	0.02	0.02	0.01	0.01	0.02	0.02
Asset Turnover Full definition →	0.32	0.04	0.20	0.23	0.13	0.03	0.01	0.04	0.10	0.14
Operating CF/Net income Full definition →	0.06	0.75	1.08	0.81	1.19	1.23	0.50	0.61	0.40	0.67
Capex/Depreciation Full definition →	(0.17)	(0.37)	(10.58)	(1.02)	(31.01)	(3.23)	(1.14)	(0.12)	(0.74)	(0.72)
Interest Coverage Full definition →	(13.58)	(1,208.47)	—	—	—	—	—	—	—	—
ROE Full definition →	(19.57%)	(17.53%)	(23.17%)	(19.68%)	(24.34%)	(29.70%)	(52.97%)	(59.30%)	(116.95%)	(104.33%)
ROA Full definition →	(14.33%)	(12.39%)	(16.14%)	(18.08%)	(23.06%)	(27.17%)	(47.90%)	(52.29%)	(96.01%)	(76.37%)
ROIC Full definition →	(13.48%)	(16.95%)	(13.18%)	(36.22%)	(29.12%)	(29.07%)	(71.03%)	(61.80%)	(97.82%)	(76.81%)
Return on Tangible Assets Full definition →	(36.39%)	(57.53%)	(25.17%)	(12.91%)	(28.58%)	(27.54%)	(67.98%)	(90.02%)	(256.92%)	(184.53%)
Average Days of Receivables Full definition →	55.19	473.48	92.87	5.99	11.92	71.13	114.92	42.87	10.58	9.76
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	6.25%	24.55%	24.83%	103.45%	586.90%	379.91%	280.52%	287.57%
Selling, General and Administrative Expense of Revenue Full definition →	42.45%	391.40%	79.07%	68.78%	146.56%	880.62%	3,348.11%	938.75%	502.45%	346.97%
Intangible Assets out of Total Assets Full definition →	0.07	0.02	0.01	0.01	0.01	0.01	0.03	0.07	0.16	0.21
Share Based Compensation of Revenue Full definition →	0.00%	43.18%	26.27%	11.92%	18.91%	73.27%	553.40%	312.07%	131.82%	129.03%
Graham Net Nets Full definition →	(0.13)	(0.03)	0.03	0.36	0.79	0.27	0.26	0.23	0.04	0.02
Graham Number Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Earnings Yield Full definition →	(32.69%)	(14.89%)	(12.96%)	(6.93%)	(36.73%)	(12.29%)	(32.63%)	(64.71%)	(45.83%)	(30.36%)
Free Cash Flow Yield Full definition →	(2.83%)	(17.82%)	(22.55%)	(7.86%)	(121.81%)	(29.44%)	(31.52%)	(70.28%)	(37.15%)	(23.48%)
Revenue per Share Full definition →	0.39	0.02	0.08	0.14	0.10	0.02	0.01	0.02	0.02	0.02
Operating CF per Share Full definition →	(0.01)	(0.05)	(0.07)	(0.09)	(0.22)	(0.26)	(0.15)	(0.13)	(0.09)	(0.06)
Capex per Share Full definition →	(0.01)	(0.01)	(0.01)	0.00	(0.11)	(0.04)	(0.01)	0.00	(0.01)	(0.01)
Free Cash Flow per Share Full definition →	(0.02)	(0.06)	(0.08)	(0.10)	(0.33)	(0.29)	(0.16)	(0.14)	(0.10)	(0.07)
Cash per Share Full definition →	0.09	0.09	0.06	0.72	0.31	0.35	0.21	0.06	0.02	0.01
Shareholders Equity per Share Full definition →	0.85	0.29	0.29	0.95	0.67	0.78	0.48	0.28	0.12	0.08
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	0.85	0.29	0.29	0.95	0.67	0.78	0.48	0.28	0.12	0.08
Free Cash Flow Full definition →	(0.28)	(1.54)	(2.13)	(3.39)	(13.14)	(12.34)	(8.20)	(7.13)	(5.67)	(5.24)
Working Capital Full definition →	0.64	2.29	0.86	25.85	15.81	21.15	12.67	4.57	1.37	0.64
Capital Expenditures Full definition →	(0.12)	(0.15)	(0.20)	(0.06)	(4.47)	(1.54)	(0.74)	(0.08)	(0.47)	(0.44)
Net Current Asset Value Full definition →	(1.07)	(0.35)	0.42	25.83	15.31	20.45	12.17	4.20	1.12	0.48
EV/EBIT Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capex to Sales Full definition →	0.02	0.25	0.09	0.01	1.10	1.72	1.87	0.09	0.35	0.35
Price to Operating Income Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other line items
Depreciation/Fixed assets Full definition →	0.10	0.42	0.00	0.01	0.01	0.04	0.07	0.08	0.17	0.19
Cash ROIC Full definition →	(1.70%)	(12.38%)	(17.62%)	(5.72%)	(33.35%)	(25.71%)	(23.78%)	(38.73%)	(65.50%)	(76.24%)
Accounts Receivable Turnover Full definition →	6.51	0.68	3.35	15.94	37.53	5.83	2.65	7.85	18.42	34.82
Accounts Payable Turnover Full definition →	21.87	0.97	6.26	17.28	7.32	1.27	0.28	0.62	0.94	0.79
Inventory Turnover Full definition →	12.67	0.00	6.51	13.58	1.76	0.16	0.05	0.15	0.29	0.45
Average Days of Payables Full definition →	21.85	419.84	44.61	23.36	70.29	221.32	1,763.87	412.47	461.02	494.32
Days of Inventory on Hand Full definition →	10.71	0.00	84.03	18.16	391.57	2,547.10	6,379.41	2,063.15	918.46	761.35
Average Receivables Full definition →	0.98	0.86	0.66	0.32	0.11	0.15	0.15	0.12	0.07	0.04
Average Payables Full definition →	0.25	0.37	0.34	0.29	0.54	0.62	0.73	0.76	0.65	0.83
Average Inventory Full definition →	0.44	—	0.32	0.37	2.25	4.86	4.51	3.10	2.10	1.45
Average Assets Full definition →	19.60	15.07	11.07	22.66	31.72	32.43	31.35	22.01	13.54	9.32
Average Common Equity Full definition →	14.35	10.65	7.71	20.82	30.05	29.67	28.35	19.40	11.12	6.83

Show all line items

Columns are period end dates · fundamentals updated 5 Oct 2026

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