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India Globalization Capital

DB:IGS1
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IGS1
DB
$34M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

India Globalization Capital, Inc. purchases and resells infrastructure commodities. The last earnings update was 7 days ago. More info.


Add to Portfolio Compare Print
  • India Globalization Capital has significant price volatility in the past 3 months.
IGS1 Share Price and Events
7 Day Returns
-6.2%
DB:IGS1
7%
DE Trade Distributors
0.8%
DE Market
1 Year Returns
-15.5%
DB:IGS1
6.9%
DE Trade Distributors
9%
DE Market
IGS1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
India Globalization Capital (IGS1) -6.2% -3.6% -19.4% -15.5% 189.8% 35.6%
DE Trade Distributors 7% 8.4% 16.8% 6.9% -1.2% 8.4%
DE Market 0.8% 6.3% 14.4% 9% 14.5% 21.8%
1 Year Return vs Industry and Market
  • IGS1 underperformed the Trade Distributors industry which returned 6.9% over the past year.
  • IGS1 underperformed the Market in Germany which returned 9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

IGS1 Value

 Is India Globalization Capital undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for India Globalization Capital. This is due to cash flow or dividend data being unavailable. The share price is €0.7593.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for India Globalization Capital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are India Globalization Capital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:IGS1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-0.13
AMEX:IGC Share Price ** AMEX (2019-11-13) in USD $0.86
Germany Trade Distributors Industry PE Ratio Median Figure of 7 Publicly-Listed Trade Distributors Companies 16.14x
Germany Market PE Ratio Median Figure of 403 Publicly-Listed Companies 19.89x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of India Globalization Capital.

DB:IGS1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:IGC Share Price ÷ EPS (both in USD)

= 0.86 ÷ -0.13

-6.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • India Globalization Capital is loss making, we can't compare its value to the DE Trade Distributors industry average.
  • India Globalization Capital is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does India Globalization Capital's expected growth come at a high price?
Raw Data
DB:IGS1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Trade Distributors Industry PEG Ratio Median Figure of 32 Publicly-Listed Trade Distributors Companies 1.82x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for India Globalization Capital, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on India Globalization Capital's assets?
Raw Data
DB:IGS1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $0.79
AMEX:IGC Share Price * AMEX (2019-11-13) in USD $0.86
Germany Trade Distributors Industry PB Ratio Median Figure of 10 Publicly-Listed Trade Distributors Companies 1.19x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.83x
DB:IGS1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:IGC Share Price ÷ Book Value per Share (both in USD)

= 0.86 ÷ 0.79

1.09x

* Primary Listing of India Globalization Capital.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • India Globalization Capital is good value based on assets compared to the DE Trade Distributors industry average.
X
Value checks
We assess India Globalization Capital's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. India Globalization Capital has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

IGS1 Future Performance

 How is India Globalization Capital expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as India Globalization Capital has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.6%
Expected Trade Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is India Globalization Capital expected to grow at an attractive rate?
  • Unable to compare India Globalization Capital's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare India Globalization Capital's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare India Globalization Capital's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:IGS1 Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 13.6%
Europe Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:IGS1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:IGS1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 6 -7 -5
2019-06-30 5 -6 -5
2019-03-31 5 -3 -4
2018-12-31 5 -3 -3
2018-09-30 4 -2 -2
2018-06-30 4 -2 -2
2018-03-31 2 -2 -2
2017-12-31 1 -2 -2
2017-09-30 1 -1 -2
2017-06-30 0 -2 -2
2017-03-31 1 -1 -2
2016-12-31 2 -1 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if India Globalization Capital is high growth as no earnings estimate data is available.
  • Unable to determine if India Globalization Capital is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:IGS1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from India Globalization Capital Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:IGS1 Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -0.13
2019-06-30 -0.13
2019-03-31 -0.12
2018-12-31 -0.10
2018-09-30 -0.08
2018-06-30 -0.06
2018-03-31 -0.06
2017-12-31 -0.08
2017-09-30 -0.06
2017-06-30 -0.07
2017-03-31 -0.07
2016-12-31 -0.10

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if India Globalization Capital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine India Globalization Capital's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. India Globalization Capital's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. India Globalization Capital's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess India Globalization Capital's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
India Globalization Capital has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

IGS1 Past Performance

  How has India Globalization Capital performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare India Globalization Capital's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • India Globalization Capital does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare India Globalization Capital's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare India Globalization Capital's 1-year growth to the DE Trade Distributors industry average as it is not currently profitable.
Earnings and Revenue History
India Globalization Capital's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from India Globalization Capital Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:IGS1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 6.30 -5.29 4.47 1.69
2019-06-30 5.29 -4.96 4.25 1.47
2019-03-31 5.12 -4.10 3.52 1.26
2018-12-31 4.84 -3.31 2.94 0.80
2018-09-30 4.19 -2.48 2.40 0.17
2018-06-30 3.62 -1.87 1.81 0.17
2018-03-31 2.19 -1.79 1.73 0.14
2017-12-31 1.14 -1.97 2.54
2017-09-30 0.63 -1.55 2.36
2017-06-30 0.34 -1.92 2.41
2017-03-31 0.58 -1.87 2.27
2016-12-31 1.85 -2.53 2.39
2016-09-30 2.69 -2.80 2.51
2016-06-30 4.80 -2.81 2.71
2016-03-31 6.37 -2.81 2.70
2015-12-31 7.26 -3.30 2.99
2015-09-30 8.71 -3.51 3.36
2015-06-30 8.78 -3.80 3.37
2015-03-31 7.68 -4.61 4.14
2014-12-31 5.42 -4.16 3.66
2014-09-30 2.90 -3.88 3.02
2014-06-30 1.91 -3.59 2.96
2014-03-31 2.27 -3.02 2.18
2013-12-31 3.75 -3.45 3.04
2013-09-30 7.67 -2.83 3.03
2013-06-30 7.89 -2.36 2.90
2013-03-31 8.03 -2.25 3.04
2012-12-31 7.79 -4.55 3.28

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if India Globalization Capital has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if India Globalization Capital has efficiently used its assets last year compared to the DE Trade Distributors industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if India Globalization Capital improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess India Globalization Capital's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
India Globalization Capital has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

IGS1 Health

 How is India Globalization Capital's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up India Globalization Capital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • India Globalization Capital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • India Globalization Capital's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of India Globalization Capital's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 478x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from India Globalization Capital Company Filings, last reported 1 month ago.

DB:IGS1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 31.24 0.05 19.10
2019-06-30 32.42 0.05 21.56
2019-03-31 33.57 0.05 25.61
2018-12-31 33.57 0.05 25.61
2018-09-30 13.81 2.03 6.79
2018-06-30 7.58 2.03 1.18
2018-03-31 8.07 2.23 1.81
2017-12-31 7.47 2.54 1.70
2017-09-30 6.22 2.55 0.60
2017-06-30 6.09 2.36 0.35
2017-03-31 7.35 2.64 2.57
2016-12-31 7.54 2.87 0.75
2016-09-30 14.82 2.82 0.96
2016-06-30 13.59 2.54 1.35
2016-03-31 13.95 2.82 1.51
2015-12-31 13.66 2.99 0.65
2015-09-30 14.09 3.11 0.69
2015-06-30 14.52 3.83 0.71
2015-03-31 14.75 3.48 0.87
2014-12-31 16.29 3.37 1.15
2014-09-30 15.93 3.41 1.38
2014-06-30 16.82 3.23 2.99
2014-03-31 14.15 2.22 1.06
2013-12-31 14.28 2.10 0.59
2013-09-30 14.47 2.14 0.76
2013-06-30 14.46 2.25 0.68
2013-03-31 14.97 2.25 1.08
2012-12-31 15.66 2.22 2.32
  • India Globalization Capital's level of debt (0.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (21.4% vs 0.2% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • India Globalization Capital has sufficient cash runway for 2.1 years based on current free cash flow.
  • India Globalization Capital has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 66.5% each year.
X
Financial health checks
We assess India Globalization Capital's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. India Globalization Capital has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

IGS1 Dividends

 What is India Globalization Capital's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from India Globalization Capital dividends.
If you bought €2,000 of India Globalization Capital shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate India Globalization Capital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate India Globalization Capital's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:IGS1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as India Globalization Capital has not reported any payouts.
  • Unable to verify if India Globalization Capital's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of India Globalization Capital's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as India Globalization Capital has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess India Globalization Capital's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can India Globalization Capital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. India Globalization Capital has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

IGS1 Management

 What is the CEO of India Globalization Capital's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ram Mukunda
COMPENSATION $738,000
AGE 60
TENURE AS CEO 14.6 years
CEO Bio

Mr. Ram Mukunda is the Founder of India Globalization Capital, Inc. and has been its Chief Executive Officer, President and Executive Director since April 29, 2005. Mr. Mukunda serves as the Chief Executive Officer at India Globalization Capital Mauritius Limited. Mr. Mukunda served as the Chief Executive Officer and President of Techno Electric & Engineering Company Limited since April 29, 2005. Since September 2004, he served as Chief Executive Officer of Integrated Global Networks, LLC. He served as the President of Startec Global Operating Company, Inc. He served as an Acting Chief Financial Officer at India Globalization Capital, Inc. since December 1, 2006. From January 1990 to May, 2004, he served as Chairman, Chief Executive Officer and President at Startec Global Communications. He was Founder of Startec Global Communications. From June 1987 to January 1990, he served as Strategic Planning Advisor at INTELSAT. While at INTELSAT, he was responsible for issues relating to corporate, business, financial and strategic planning. He serves as Chairman of Techni Bharathi Pvt Limited. He served as Executive Chairman of the Board of India Globalization Capital Inc. since April 29, 2005 until December 6, 2017. Since July 2010, Mr. Mukunda has been on the board of directors of the BLA Power Private Limited Board, in Mumbai, India. Mr. Mukunda serves on the Board of Visitors at the University of Maryland, School of Engineering. He served as a Director of Startec Global Communications Corp. He served as a Director of Techno Electric & Engineering Company Limited since April 29, 2005. From 2001 to 2003, he was a Council Member at Harvard’s Kennedy School of Government, Belfer Center of Science and International Affairs. Mr. Mukunda is the recipient of several awards, including the University of Marylands 2001 Distinguished Engineering Alumnus Award and the 1998 Ernst & Young, LLP's Entrepreneur of the Year Award. He holds a B.S. in Electrical Engineering and mathematics and M. S. in Engineering from University of Maryland.

CEO Compensation
  • Ram's compensation has increased whilst company is loss making.
  • Ram's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the India Globalization Capital management team in years:

2.2
Average Tenure
51.5
Average Age
  • The tenure for the India Globalization Capital management team is about average.
Management Team

Ram Mukunda

TITLE
President
COMPENSATION
$738K
AGE
60
TENURE
14.6 yrs

Claudia Grimaldi

TITLE
VP & Principal Financial Officer
COMPENSATION
$312K
AGE
48
TENURE
1.5 yrs

Rohit Goel

TITLE
Manager & Principal Accounting Officer
COMPENSATION
$41K
AGE
25
TENURE
2.2 yrs

Shajy Mathilakathu

TITLE
Co-Principal Financial & Accounting Officer
AGE
51
TENURE
2.2 yrs

Jagadeesh Rao

TITLE
Scientific Officer
COMPENSATION
$176K
AGE
52
TENURE
2.1 yrs

Parveen Mukunda

TITLE
Corporate Secretary

Ranga Krishna

TITLE
Senior Advisor
COMPENSATION
$23K
AGE
55
TENURE
6.9 yrs
Board of Directors Tenure

Average tenure and age of the India Globalization Capital board of directors in years:

14.5
Average Tenure
62
Average Age
  • The average tenure for the India Globalization Capital board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Richard Prins

TITLE
Chairman of the Board
COMPENSATION
$117K
AGE
62
TENURE
7.8 yrs

Ram Mukunda

TITLE
President
COMPENSATION
$738K
AGE
60
TENURE
14.6 yrs

Sudhakar Shenoy

TITLE
Independent Director
COMPENSATION
$61K
AGE
71
TENURE
14.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess India Globalization Capital's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. India Globalization Capital has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

IGS1 News

Simply Wall St News

IGS1 Company Info

Description

India Globalization Capital, Inc. purchases and resells infrastructure commodities. The company operates through two segments, Infrastructure Business, and Plant and Cannabinoid Business. It buys and sells infrastructure commodities, such as steel, marble, and tiles; rents heavy construction equipment, such as bulldozers, excavators, rollers, and pavers; and undertakes highway construction contracts. The company also develops cannabinoid-based products and therapies, such as Hyalolex for the treatment of elderly patients from dementia, including Alzheimer’s disease; Serosapse for the treatment of certain indications of Parkinson’s disease and central nervous system disorders; and Natrinol for the treatment of certain indications of neuropathic pain. In addition, it offers hemp crude extracts, hemp isolates, and hemp distillates. The company operates in the United States, India, and Hong Kong. India Globalization Capital, Inc. was founded in 2005 and is based in Potomac, Maryland.

Details
Name: India Globalization Capital, Inc.
IGS1
Exchange: DB
Founded: 2005
$30,898,507
39,571,407
Website: http://www.igcinc.us
Address: India Globalization Capital, Inc.
12224 Falls Road,
Potomac,
Maryland, 20854,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX IGC Common Stock NYSE MKT LLC US USD 13. Apr 2006
DB IGS1 Common Stock Deutsche Boerse AG DE EUR 13. Apr 2006
Number of employees
Current staff
Staff numbers
20
India Globalization Capital employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/13 21:27
End of day share price update: 2019/11/13 00:00
Last earnings filing: 2019/11/06
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.