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IGC

BEARISH
$0.32 Live
IGC Pharma, Inc. · AMEX
Target $4.12 (+1188.3%)
$0.24 52W Range $0.5

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 28, 2026
Market cap
$31.63M
P/E
N/A
ROE
-83.3%
Profit margin
N/A
Debt/Equity
0.02
Dividend yield
N/A

AI Analysis

AI-powered fundamental assessment

Confidence
95%
IGC Pharma exhibits severe financial distress, anchored by a Piotroski F-Score of 1/9, indicating critical weakness across nearly all fundamental health dimensions. The company suffers from catastrophic operating margins (-1517.80%) and a significant year-over-year revenue decline of 53.60%. While the balance sheet shows low debt, the valuation is disconnected from fundamentals with a Price/Sales ratio of 28.60. Despite a speculative analyst target price of $4.12, the historical earnings track record and bearish technical trend suggest a high risk of capital loss.

Key Strengths

Very low Debt/Equity ratio (0.02)
Current Ratio of 1.32 provides a minimal liquidity buffer
Recent Q/Q revenue growth of 36.19%
Recent quarterly EPS beats (3 of last 4 quarters)
Low absolute debt levels

Key Risks

Extreme operating inefficiency with -1517.80% operating margin
Severe YoY revenue contraction (-53.60%)
Piotroski F-Score of 1/9 indicates fundamental instability
Extreme overvaluation relative to sales (P/S of 28.60)
Long-term value destruction with a 5-year price change of -80.2%

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
13
Weak
Value
10
Future
25
Past
10
Health
20
Dividend
0
AI Verdict
High-Risk Speculative
Key drivers: Catastrophic operating margins, Critical Piotroski F-Score, Negative YoY revenue growth, Micro-cap volatility
Confidence
90%
Value
10/100

No Graham Number or Intrinsic Value available due to lack of positive earnings.

Positives
No standout positives identified.
Watchpoints
  • P/S ratio of 28.60 is excessive for a non-profitable biotech
  • P/B of 3.64 is high given the lack of earnings
Future
25/100

Growth metrics are contradictory; short-term Q/Q recovery vs long-term YoY collapse.

Positives
  • Positive Q/Q revenue growth
  • Aggressive analyst price target
Watchpoints
  • YoY revenue growth is deeply negative (-53.60%)
  • Forward P/E remains negative
Past
10/100

Long-term historical performance is overwhelmingly negative.

Positives
No standout positives identified.
Watchpoints
  • 5-year price decline of 80.2%
  • History of massive earnings misses dating back to 2010
Health
20/100

F-Score of 1/9 is a primary indicator of financial fragility.

Positives
  • Low Debt/Equity ratio
Watchpoints
  • Piotroski F-Score of 1/9
  • Negative ROE (-83.34%) and ROA (-50.31%)
Dividend
0/100

Company is in a growth/survival phase; no dividend capacity.

Positives
No standout positives identified.
Watchpoints
  • No dividend paid
  • 0/100 dividend strength

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$0.32
Analyst Target
$4.12
Upside/Downside
+1188.3%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for IGC and closest competitors.

Updated 2026-04-27
IGC
IGC Pharma, Inc.
Primary
5Y
-80.2%
3Y
-8.6%
1Y
+6.7%
6M
-23.8%
1M
+23.1%
1W
0.0%
EKS
Ekso Bionics Holdings, Inc.
Peer
5Y
-91.1%
3Y
-64.0%
1Y
+54.0%
6M
+66.6%
1M
-27.2%
1W
-18.0%
NEP
Nephros, Inc.
Peer
5Y
-63.0%
3Y
+102.8%
1Y
+42.6%
6M
-46.5%
1M
-1.4%
1W
+3.6%
CCE
Cryo-Cell International, Inc.
Peer
5Y
-52.6%
3Y
-3.2%
1Y
-34.1%
6M
-15.6%
1M
+23.6%
1W
+6.7%
BTA
BioXcel Therapeutics, Inc.
Peer
5Y
-99.8%
3Y
-99.6%
1Y
-30.1%
6M
-56.4%
1M
-37.0%
1W
-18.7%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
N/A
Forward P/E
-3.77
PEG Ratio
N/A
P/B Ratio
3.64
P/S Ratio
28.6
EV/Revenue
26.0
EV/EBITDA
-3.82
Market Cap
$31.63M

Profitability

Profit margins and return metrics

Profit Margin N/A
Operating Margin -1517.8%
Gross Margin 46.2%
ROE -83.34%
ROA -50.31%

Growth

Revenue and earnings growth rates

Revenue Growth -53.6%
Earnings Growth N/A
Q/Q Revenue Growth +36.19%
Q/Q Earnings Growth N/A

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.02
Low debt
Current Ratio
1.32
Good
Quick Ratio
0.79
Poor
Cash/Share
$0.01

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue
$0.0B
Gross Margin
12.6%
Op. Margin
-840.3%
Net Margin
-207.4%
Total Assets
$0.0B
Liabilities
$0.0B
Equity
$0.0B
Debt/Equity
0.31x
Operating CF
$-0.0B
CapEx
$-0.0B
Free Cash Flow
$-0.0B
FCF Yield
117%

Quarterly Earnings History

EPS performance vs analyst estimates

2025-11-14
$-0.02
2025-08-14
$-0.02
+20.0% surprise
2025-06-27
$-0.01
+50.0% surprise
2025-02-14
$-0.02
+33.3% surprise

Healthcare Sector Comparison

Comparing IGC against 560 companies in the Healthcare sector (34 bullish, 167 neutral, 359 bearish)
Return on Equity (ROE)
-83.34%
This Stock
vs
-88.14%
Sector Avg
-5.4% (Below Avg)
Debt to Equity
0.02
This Stock
vs
2.66
Sector Avg
-99.3% (Less Debt)
Revenue Growth
-53.6%
This Stock
vs
124.04%
Sector Avg
-143.2% (Slower)
Current Ratio
1.32
This Stock
vs
4.47
Sector Avg
-70.4% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

MORAN JAMES P
Director
Stock Award
2026-04-01
130,000 shares
MUKUNDA RAM
Chief Executive Officer
Option Exercise
2026-04-01
706,409 shares · $84,000
PRINS RICHARD K
Director
Stock Award
2026-04-01
170,000 shares
GRIMALDI CLAUDIA
Officer and Director
Option Exercise
2026-04-01
238,462 shares · $36,000
MUKUNDA RAM
Chief Executive Officer
Stock Award
2026-02-03
50,000 shares
PRINS RICHARD K
Director
Stock Award
2026-01-16
100,000 shares
Insider transactions can signal confidence or concerns about company prospects

SEC Filings

Recent regulatory filings from the SEC EDGAR database

8-K
FORM 8-K
2026-04-20

IGC filed an 8-K on April 20, 2026, likely to announce its first-quarter financial results.

8-K
FORM 8-K
2026-03-30

IGC filed an 8-K on March 30, 2026, likely to report its first-quarter financial results.

8-K
FORM 8-K
2026-03-12
8-K
FORM 8-K
2026-01-06

IGC filed an 8-K on January 6, 2026, likely reporting preliminary year-end financial results or updates to corporate governance.

8-K
FORM 8-K
2026-01-02

IGC filed a Form 8-K on January 2, 2026, likely to report year-end financial results or material corporate updates for the preceding fiscal year.

8-K
FORM 8-K
2025-12-15

IGC filed a current report on December 15, 2025, to disclose a material corporate event.

10-Q
FORM 10-Q
2025-11-14

IGC filed its Form 10-Q on November 14, 2025. While the filing includes a section for risk factors under Item 1A, no specific financial highlights or detailed risk descriptions were provided in the available excerpt.

8-K
FORM 8-K
2025-11-14

IGC filed a Form 8-K on November 14, 2025, likely to announce its third-quarter financial results.

8-K
FORM 8-K
2025-10-14

IGC filed a Form 8-K on October 14, 2025, likely to announce its third-quarter financial results.

8-K
FORM 8-K
2025-10-01
DEF 14A
FORM DEF 14A
2025-08-18
10-Q
FORM 10-Q
2025-08-14
10-K
FORM 10-K
2025-06-27
8-K
FORM 8-K
2025-06-17
10-Q
FORM 10-Q
2025-02-14
Data sourced from SEC EDGAR. AI summaries generated automatically.

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
NONE
2 analysts
Ascendiant Capital
2026-04-08
Maintains
Buy Buy
Ascendiant Capital
2026-02-23
Maintains
Buy Buy
Ascendiant Capital
2025-12-09
Maintains
Buy Buy

Past News Coverage

Recent headlines mentioning IGC from our newsroom.

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