India Globalization Capital, Inc. (IGC) [Rocket]

Overview

India Globalization Capital, Inc. (IGC)

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Recent News + Filings (All items)

Date Filed	Type	Description
10/06/2023	EFFECT	Form EFFECT - Notice of Effectiveness:
09/29/2023	S-3	Form S-3 - Registration statement under Securities Act of 1933:
08/21/2023	8-K	Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits  Interac...
08/10/2023	10-Q	Quarterly Report for the period ended June 30, 2023
07/26/2023	DEF 14A	Form DEF 14A - Other definitive proxy statements:
07/07/2023	10-K	Annual Report for the period ended March 31, 2023
07/07/2023	8-K	Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance S...

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Mar-31-23	Mar-31-22	Mar-31-21	Mar-31-20	Mar-31-19	Mar-31-18	Mar-31-17	Mar-31-16
Revenues	0.9	0.4	0.9	4.1	5.1	2.2	0.6	6.4
Revenue growth	129.5%	-55.8%	-77.9%	-20.4%	133.3%	277.9%	-90.9%	-17.1%
Cost of goods sold	0.5	0.2	0.8	4.0	5.0	2.1	0.4	5.5
Gross profit	0.4	0.2	0.1	0.1	0.1	0.1	0.2	0.8
Gross margin	48.5%	48.9%	12.6%	2.8%	2.6%	3.7%	37.6%	13.2%
Selling, general and administrative	8.6	13.3	7.9	6.0	3.5	1.7	2.3	2.7
Research and development	3.5	2.3	0.9	1.0	1.3	0.1
EBITA	-11.5	-15.4	-8.7	-6.9	-4.6	-1.8	-2.2	-3.1
EBITA margin	-1263.9%	-3880.1%	-969.7%	-168.3%	-90.8%	-81.6%	-373.5%	-48.1%
Amortization of intangibles	0.1	0.0	0.0	0.0
EBIT	-11.6	-15.4	-8.7	-6.9	-4.6	-1.8	-2.2	-3.1
EBIT margin	-1270.1%	-3886.1%	-971.5%	-168.6%	-90.8%	-81.6%	-373.5%	-48.1%
Pre-tax income	-11.5	-15.0	-8.8	-7.3	-4.1	-1.8	-1.8	-2.8
Income taxes	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%	0.0%
Net income	-11.5	-15.0	-8.8	-7.3	-4.1	-1.8	-1.9	-2.8
Net margin	-1263.0%	-3782.4%	-981.2%	-179.6%	-80.1%	-81.4%	-321.7%	-44.1%

Diluted EPS	($0.22)	($0.30)	($0.21)	($0.19)	($115.76)	($0.06)	($0.07)	($0.17)
Shares outstanding (diluted)	52.6	50.0	42.0	39.5	0.0	27.9	25.7	16.4

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.