India Globalization Capital Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.02
Dividend & YieldN/A$ (N/A)
Beta 3.47
Market capitalization 20.43M
Operating cash flow -6.42M
ESG Scores unknown

Company description

India Globalization Capital, Inc. purchases and resells physical infrastructure commodities. It operates through two segments, Infrastructure and Life Sciences. The company rents heavy construction equipment, including motor grader and rollers; and undertakes highway construction contracts. It also develops cannabinoid-based products and therapies, such as hemp-based tinctures to treat anxiety, and enhance the lifestyle of patients suffering from Alzheimer's under the Hyalolex brand name; CBD based tinctures, capsules, and topical analgesic creams to treat pain under the Holief brand name; CBD powered beauty and skincare products under the Herbo brand name; and CBD infused beverages under the Sunday Seltzer brand. The company also engages in the wholesale of hemp extract under the Holi Hemp brand; production of products, such as lotions, creams, and oils, as well as white labeling support services; and extraction and distillation of crude oil into hemp extracts. It operates in the United States, India, Colombia, and Hong Kong. The company was incorporated in 2005 and is headquartered in Potomac, Maryland.

Sector: Industrials - Industry: Conglomerates

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -30k 442k -287k 504k
Total Cashflows From Investing Activities -260k -9.55M 3.39M -742k
Net Borrowings -1.88M 530k 530k -3k
Total Cash From Financing Activities 27.6M -59k 14.69M 4.14M
Change To Operating Activities -303k 547k -1.73M 52k
Issuance Of Stock 29.48M 14.16M 14.16M 4.14M
Net Income -4.1M -7.32M -8.81M -15.02M
Change In Cash 23.95M -18.35M 7.29M -4.09M
Effect Of Exchange Rate -56k -69k 15k -26k
Total Cash From Operating Activities -3.33M -8.68M -10.8M -7.46M
Depreciation 59k 151k 478k 651k
Change To Account Receivables 474k -49k -42k 50k
Other Cashflows From Financing Activities -59k -59k
Change To Netincome 328k 1.54M 827k 4.37M
Capital Expenditures -15k -4.39M -1.47M -207k

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 1.26M 1.01M 929k 2.33M
Income Before Tax -4.09M -7.32M -8.81M -15.02M
Net Income -4.1M -7.32M -8.81M -15.02M
Selling General Administrative 3.52M 5.97M 7.91M 7.99M
Gross Profit 132k 115k 113k 194k
Ebit -4.64M -6.86M -8.72M -10.13M
Operating Income -4.64M -6.86M -8.72M -10.13M
Interest Expense
Income Tax Expense 2k
Total Revenue 5.12M 4.07M 898k 397k
Cost Of Revenue 4.98M 3.96M 785k 203k
Total Other Income ExpenseNet 548k -451k -87k -4.89M
Net Income From Continuing Ops -4.1M -7.32M -8.81M -15.02M
Net Income Applicable To Common Shares -4.1M -7.32M -8.81M -15.02M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 893k 2.45M 3.06M 2.94M
Total Stockholder Equity 33.57M 26.54M 32.8M 23.89M
Other Current Liabilities 35k 182k 316k 122k
Total Assets 34.47M 28.98M 35.87M 26.83M
Common Stock 94.04M 94.75M 109.72M 116.02M
Other Current Assets 763k 844k 1.33M 340k
Retained Earnings -58.05M -65.37M -74.14M -89.16M
Treasury Stock -2.42M -2.85M -2.77M -2.97M
Cash 25.61M 7.26M 14.55M 10.46M
Total Current Liabilities 878k 1.95M 2.37M 2.44M
Other Stockholder Equity -2.42M -2.85M -2.77M -2.97M
Property, Plant, and Equipment 5.89M 10.35M 11.33M 9.87M
Total Current Assets 26.72M 17.76M 23.52M 15.11M
Net Tangible Assets 33.39M 26.29M 32.4M 22.98M
Net Receivables 84k 133k 220k 597k
Accounts Payable 319k 762k 476k 981k


Insider Transactions

Here are the insider transactions of stock shares related to India Globalization Capital Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
MUKUNDA RAMD/I2022-06-01Chief Executive Officer1.15M
PRINS RICHARD KD2022-06-01Director225k
GRIMALDI CLAUDIAD2022-06-01Officer120.83k
LYNCH JOHN EDWARDD2022-06-01Director37.5k
MORAN JAMES PStock Award(Grant) at price 0.00 per share.D2022-01-18Director50k
PRINS RICHARD KStock Gift at price 0.00 per share.D2021-12-23Director40k
PRINS RICHARD KStock Award(Grant) at price 0.00 per share.D2021-12-20Director300k
GRIMALDI CLAUDIAStock Award(Grant) at price 0.00 per share.D2021-12-20Chief Financial Officer250k
MUKUNDA RAMStock Award(Grant) at price 0.00 per share.D/I2021-05-13Chief Executive Officer1.05M
MUKUNDA RAMStock Award(Grant) at price 0.00 per share.D/I2021-05-13Chief Executive Officer1.05M
PRINS RICHARD KStock Award(Grant) at price 0.00 per share.D2021-05-13Director300k
GRIMALDI CLAUDIAStock Award(Grant) at price 0.00 per share.D2021-05-13Chief Financial Officer250k
GRIMALDI CLAUDIAStock Gift at price 0.00 per share.D2021-05-13Chief Financial Officer600k
GRIMALDI CLAUDIAStock Award(Grant) at price 0.00 per share.D2021-05-13Officer250k
GRIMALDI CLAUDIAStock Gift at price 0.00 per share.D2021-05-13Officer600k
GOEL ROHITStock Award(Grant) at price 0.00 per share.D2021-05-13Officer75k
PRINS RICHARD KSale at price 1.75 per share.D2021-03-09Director50k
PRINS RICHARD KSale at price 1.80 - 1.81 per share.D2021-03-03Director50k
MUKUNDA RAMSale at price 2.14 per share.D2021-03-02Chief Executive Officer50k
PRINS RICHARD KStock Gift at price 0.00 per share.D2021-02-10Director25k
PRINS RICHARD KSale at price 2.04 per share.D2020-12-01Director50k
MUKUNDA RAMSale at price 2.34 per share.D2020-11-30Chief Executive Officer80k
PRINS RICHARD KStock Gift at price 0.00 per share.D2020-11-09Director93k
MUKUNDA RAMStock Gift at price 0.00 per share.D2020-11-04Chief Executive Officer520k
MUKUNDA RAMStock Award(Grant) at price 0.00 per share.D/I2020-03-19Chief Executive Officer785k
PRINS RICHARD KStock Award(Grant) at price 0.00 per share.D2020-03-19Director250k
GRIMALDI CLAUDIAStock Award(Grant) at price 0.00 per share.D2020-03-19Officer200k
GOEL ROHITStock Award(Grant) at price 0.00 per share.D2020-03-19Officer30k
PRINS RICHARD KStock Gift at price 0.00 per share.D2020-02-24Director80k
MUKUNDA RAMStock Gift at price 0.00 per share.D2019-12-26Chief Executive Officer100k
MUKUNDA RAMStock Gift at price 0.00 per share.D2019-12-26Chief Executive Officer100k
GRIMALDI CLAUDIAStock Gift at price 0.00 per share.D2019-11-22Officer15k
GRIMALDI CLAUDIAStock Gift at price 0.00 per share.D2019-11-22Officer15k
PRINS RICHARD KStock Gift at price 0.00 per share.D2019-08-15Director80k
MUKUNDA RAMStock Award(Grant) at price 0.00 per share.D/I2019-06-11Chief Executive Officer750k
PRINS RICHARD KStock Award(Grant) at price 0.00 per share.D2019-06-11Director515k
SHENOY SUDHAKAR VStock Award(Grant) at price 0.00 per share.D2019-06-11Director150k
GRIMALDI CLAUDIAStock Award(Grant) at price 0.00 per share.D2019-06-11Chief Financial Officer300k
GOEL ROHITStock Award(Grant) at price 0.00 per share.D2019-06-11Officer30k
PRINS RICHARD KStock Gift at price 0.00 per share.D2018-10-26Director65k
SHENOY SUDHAKAR VStock Gift at price 0.00 per share.D2018-10-03Director500k
MUKUNDA RAMSale at price 1.87 per share.D2018-08-30Chief Executive Officer50k
GRIMALDI CLAUDIASale at price 2.00 per share.D2018-08-30Officer116.02k
GRIMALDI CLAUDIAStock Award(Grant) at price 0.00 per share.D2018-08-29Chief Financial Officer75k
MUKUNDA RAMStock Award(Grant) at price 0.00 per share.D/I2018-08-28Chief Executive Officer507.23k
MUKUNDA RAMSale at price 0.50 - 1.33 per share.D/I2018-08-28Chief Executive Officer200k
SHENOY SUDHAKAR VStock Award(Grant) at price 0.00 per share.D2018-08-28Director215k
PRINS RICHARD KSale at price 1.52 per share.D2018-08-27Director50k
GRIMALDI CLAUDIASale at price 1.52 per share.D2018-08-27Chief Financial Officer50k
MUKUNDA RAMStock Gift at price 0.37 per share.D2018-08-14Chief Executive Officer160k
PRINS RICHARD KStock Gift at price 0.00 per share.D2018-05-04Director128k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to India Globalization Capital Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on India Globalization Capital Inc

Here is the result of two systematic investment strategies applied to India Globalization Capital Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on India Globalization Capital Inc

The following chart shows the equity curve of the two systematic investment strategies applied to India Globalization Capital Inc:

India Globalization Capital Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 72.7% on the backtest period.

Performance at glance

Performance

72.7 %

Latent gain

1454.14 $

Invested capital

2000.18 $

Annualized return

17.56 %
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Momentum strategy results on India Globalization Capital Inc

This is the result of two momentum investment strategies applied to India Globalization Capital Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on India Globalization Capital Inc

The following chart shows all the entries opened by the momentum investment system on India Globalization Capital Inc:

India Globalization Capital Inc momentum entries
  • The first momentum investment strategy would give 108.35% of return on India Globalization Capital Inc. That represents 5686.34$ of latent gain with 5247.9$ of employed capital.
  • The second momentum investment strategy would give 109.27% of return on India Globalization Capital Inc. That represents 4369.21$ of latent gain with 3998.71$ of employed capital.
Performance at glance (1Q Momentum)

Performance

108.35 %

Latent gain

5686.34 $

Invested capital

5247.9 $

Annualized return

-1.16 %
Performance at glance (2Q Momentum)

Performance

109.27 %

Latent gain

4369.21 $

Invested capital

3998.71 $

Annualized return

29.86 %

Momentum equity curve on India Globalization Capital Inc

The following chart shows the equity curve of the two momentum strategies applied to India Globalization Capital Inc:

India Globalization Capital Inc momentum equity

Note: the dividends potentially given by India Globalization Capital Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on India Globalization Capital Inc

The following chart shows the employed capital evolution of the two momentum strategies on India Globalization Capital Inc since the beginning:

India Globalization Capital Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on India Globalization Capital Inc

Buy the dip entry openings on India Globalization Capital Inc

India Globalization Capital Inc

The performance achieved by the robo-advisor on India Globalization Capital Inc is -2.48%. That represents -12.39$ of latent gain with 499.31$ of employed capital. The following chart shows India Globalization Capital Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of India Globalization Capital Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-2.48 %

Latent gain

-12.39 $

Invested capital

499.31 $

Annualized return

-1.16 %

Equity curve of the strategy applied to India Globalization Capital Inc

The following chart shows the result of the investment strategy applied to India Globalization Capital Inc:

India Globalization Capital Inc

Note: the dividends potentially given by India Globalization Capital Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on India Globalization Capital Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on India Globalization Capital Inc:

India Globalization Capital Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on India Globalization Capital Inc

In this section, I will compare the three previous investment strategies applied to India Globalization Capital Inc.

Equity curve comparison on India Globalization Capital Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

India Globalization Capital Inc investment strategy comparison

Employed capital comparison on India Globalization Capital Inc

India Globalization Capital Inc investment comparison

Performance comparison on India Globalization Capital Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 72.7% 1454.14$ 2000.18$ 17.56%
Momentum 1 quarter 108.35% 5686.34$ 5247.9$ 27.78%
Momentum 2 quarters 109.27% 4369.21$ 3998.71$ 29.86%
Non-directional -2.48% -12.39$ 499.31$ -1.16%
Annualized return comparison

Automatic investment

17.56 %

Momentum 1Q

29.86 %

Momentum 2Q

29.86 %

Non-directional

-1.16 %

Correlated stocks

Here are the most positively and negatively correlated stocks with India Globalization Capital Inc:

Positive correlations

Most correlated stocks this year

  • India Globalization Capital Inc

  • Most correlated stocks last 3 months

  • IMPERIUM CROWN
  • TOMO HOLDINGS
  • ANGLO ASIAN MINING PLC ORD 1P
  • India Globalization Capital Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • A-SONIC

  • Note: The algorithm computes the probability of correlation between India Globalization Capital Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of India Globalization Capital Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name India Globalization Capital Inc
    Country United States
    City Potomac
    Address 10224 Falls Road
    Phone 301 983 0998
    Website www.igcinc.us
    FullTime employees 52
    Industry Conglomerates
    Sector Industrials
    Exchange XNYS
    Ticker IGC
    Market www.nyse.com

    India Globalization Capital Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown