IGC PHARMA, INC. financials
Source: EDGAR filings · Built 2026-06-19T02:34:04Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -4.77M | -4.91M | -5.34M | -7.36M | -7.70M | -12.27M |
| EBITDA | -7.42M | -6.83M | -9.16M | -10.91M | -14.78M | -8.25M |
| Working Capital | -366.00K | 639.00K | 1.36M | 4.57M | 12.67M | 21.15M |
| Net Debt | -758.00K | -168.00K | -853.00K | -2.71M | -9.85M | -13.78M |
| Gross Margin | 34.18% | 48.70% | 54.50% | 48.52% | 48.87% | 12.58% |
| Operating Margin | -891.25% | -585.84% | -728.48% | -1270.14% | -3886.15% | -971.49% |
| Net Margin | -477.10% | -560.35% | -966.54% | -1263.01% | -3782.37% | -981.18% |
| Return on Equity (ROE) | -55.85% | -112.51% | -177.57% | -77.16% | -62.85% | -26.86% |
| Return on Assets (ROA) | -42.69% | -81.42% | -131.29% | -66.98% | -55.96% | -24.57% |
| Current Ratio | 0.83× | 1.28× | 1.58× | 3.41× | 6.19× | 9.93× |
| Debt-to-Equity | 0.02× | 0.04× | 0.05× | 0.03× | 0.03× | 0.02× |
| Effective Tax Rate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Cash Conversion Ratio | 1.14× | 0.67× | 0.40× | 0.61× | 0.50× | 1.23× |
| Accruals Ratio | 0.06× | -0.27× | -0.79× | -0.26× | -0.28× | 0.06× |
| SBC % of Revenue | 529.34% | 338.32% | 342.01% | 603.73% | 1763.22% | 78.29% |
| CapEx Coverage | -96.33× | -42.81× | -37.67× | -22.73× | -31.62× | -7.35× |
| Free Cash Flow Per Share | $-0.05 | $-0.06 | $-0.09 | — | — | $-0.29 |
Income Statement
| Concept | FY 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenues | 869.00K | 1.27M | 1.34M | 911.00K | 397.00K | 898.00K |
| Cost of Revenue | 572.00K | 652.00K | 612.00K | 469.00K | 203.00K | 785.00K |
| Gross Profit | 297.00K | 619.00K | 733.00K | 442.00K | 194.00K | 113.00K |
| Research and Development Expense | 3.92M | 3.65M | 3.77M | 3.46M | 2.33M | 929.00K |
| Selling, General and Administrative Expense | 4.12M | 4.41M | 6.76M | 8.55M | 13.29M | 7.91M |
| Operating Income (Loss) | -7.75M | -7.45M | -9.80M | -11.57M | -15.43M | -8.72M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -4.15M | -7.12M | -13.00M | -11.51M | -15.02M | -8.81M |
| Earnings Per Share, Basic | $-0.05 | $-0.09 | $-0.22 | — | — | — |
| Weighted Average Number of Shares Outstanding, Basic | 88.85M | 76.52M | 58.84M | 52.58M | 49.99M | 41.96M |
| Earnings Per Share, Diluted | $-0.05 | $-0.09 | $-0.22 | — | — | — |
| Weighted Average Number of Shares Outstanding, Diluted | 88.85M | 76.52M | 58.84M | — | — | — |
Balance Sheet
| Concept | FY 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 900.00K | 405.00K | 1.20M | 3.20M | 10.46M | 14.55M |
| Assets, Current | 1.79M | 2.90M | 3.71M | 6.47M | 15.11M | 23.52M |
| Assets | 9.71M | 8.75M | 9.90M | 17.18M | 26.83M | 35.87M |
| Liabilities, Current | 2.16M | 2.26M | 2.34M | 1.90M | 2.44M | 2.37M |
| Long-term Debt, Excluding Current Maturities | 131.00K | 134.00K | 137.00K | 141.00K | 144.00K | 276.00K |
| Liabilities | 2.29M | 2.42M | 2.58M | 2.27M | 2.94M | 3.06M |
| Stockholders' Equity Attributable to Parent | 7.42M | 6.33M | 7.32M | 14.91M | 23.89M | 32.80M |
| Common Stock, Shares, Outstanding | 95.04M | 80.88M | 66.69M | 53.08M | 51.05M | 47.83M |
Cash Flow Statement
| Concept | FY 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -4.72M | -4.79M | -5.20M | -7.05M | -7.46M | -10.80M |
| Payments to Acquire Property, Plant, and Equipment | 49.00K | 112.00K | 138.00K | 310.00K | 236.00K | 1.47M |
| Net Cash Provided by (Used in) Investing Activities | -22.00K | -442.00K | -317.00K | -235.00K | -742.00K | 3.39M |
| Net Cash Provided by (Used in) Financing Activities | 5.22M | 4.45M | 3.52M | 100.00K | 4.14M | 14.69M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -1.22M | — | -3.53M | -1.42M | -748.00K | -4.16M |
| EBITDA | -2.40M | — | — | -1.76M | -1.26M | — |
| Working Capital | -1.73M | -366.00K | 490.00K | 428.00K | 639.00K | 394.00K |
| Net Debt | -7.00K | -758.00K | -959.00K | -252.00K | -168.00K | -200.00K |
| Gross Margin | 17.35% | — | 51.83% | 46.95% | 46.67% | 40.47% |
| Operating Margin | -775.39% | — | -1517.80% | -580.79% | -428.18% | -730.74% |
| Net Margin | -757.73% | — | -953.40% | -487.50% | -363.03% | -711.67% |
| Return on Equity (ROE) | -39.24% | — | -22.50% | -26.31% | -18.93% | -29.22% |
| Return on Assets (ROA) | -26.15% | — | -18.69% | -20.13% | -13.70% | -20.15% |
| Current Ratio | 0.40× | 0.83× | 1.32× | 1.25× | 1.28× | 1.15× |
| Debt-to-Equity | 0.03× | 0.02× | 0.02× | 0.03× | 0.04× | 0.04× |
| Effective Tax Rate | 0.00% | — | 0.00% | 0.00% | 0.00% | 0.00% |
| Cash Conversion Ratio | 0.51× | — | 1.92× | 0.88× | 0.61× | 2.22× |
| Accruals Ratio | -0.13× | — | 0.17× | -0.02× | -0.05× | 0.25× |
| SBC % of Revenue | 1261.83% | — | 2460.73% | 1432.93% | 0.00% | 1673.15% |
| CapEx Coverage | -1223.00× | — | -94.51× | -175.88× | -40.56× | -43.24× |
| Free Cash Flow Per Share | $-0.01 | — | $-0.04 | $-0.02 | $-0.01 | $-0.05 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Revenues | 317.00K | — | 191.00K | 328.00K | 330.00K | 257.00K |
| Cost of Revenue | 262.00K | — | 92.00K | 174.00K | 176.00K | 153.00K |
| Gross Profit | 55.00K | — | 99.00K | 154.00K | 154.00K | 104.00K |
| Research and Development Expense | 1.27M | — | 1.59M | 851.00K | 997.00K | 852.00K |
| Selling, General and Administrative Expense | 1.24M | — | 1.41M | 1.21M | 570.00K | 1.13M |
| Operating Income (Loss) | -2.46M | — | -2.90M | -1.91M | -1.41M | -1.88M |
| Income Tax Expense (Benefit) | 0 | — | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -2.40M | — | -1.82M | -1.60M | -1.20M | -1.83M |
| Earnings Per Share, Basic | $-0.02 | — | $-0.02 | $-0.02 | $-0.02 | $-0.02 |
| Weighted Average Number of Shares Outstanding, Basic | 98.16M | — | 90.46M | 83.03M | 79.66M | 77.63M |
| Earnings Per Share, Diluted | $-0.02 | — | $-0.02 | $-0.02 | $-0.02 | $-0.02 |
| Weighted Average Number of Shares Outstanding, Diluted | 98.16M | — | 90.46M | 83.03M | 79.66M | 77.63M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 207.00K | 900.00K | 1.10M | 454.00K | 405.00K | 470.00K |
| Assets, Current | 1.15M | 1.79M | 2.00M | 2.15M | 2.90M | 3.05M |
| Assets | 9.19M | 9.71M | 9.74M | 7.94M | 8.75M | 9.08M |
| Liabilities, Current | 2.87M | 2.16M | 1.51M | 1.73M | 2.26M | 2.66M |
| Long-term Debt, Excluding Current Maturities | — | 131.00K | 132.00K | 133.00K | 134.00K | 134.00K |
| Liabilities | 3.06M | 2.29M | 1.65M | 1.86M | 2.42M | 2.82M |
| Stockholders' Equity Attributable to Parent | 6.12M | 7.42M | 8.09M | 6.08M | 6.33M | 6.26M |
| Common Stock, Shares, Outstanding | 98.80M | 95.04M | 91.96M | 84.14M | 80.88M | 78.20M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -1.22M | — | -3.50M | -1.41M | -730.00K | -4.07M |
| Payments to Acquire Property, Plant, and Equipment | 1.00K | — | 37.00K | 8.00K | 18.00K | 94.00K |
| Net Cash Provided by (Used in) Investing Activities | -170.00K | — | 206.00K | 580.00K | -142.00K | -300.00K |
| Net Cash Provided by (Used in) Financing Activities | 710.00K | — | 3.96M | 851.00K | 805.00K | 3.65M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (IGC CIK 0001326205),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.