IGC Pharma, Inc.(IGC)Stock Analysis
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Quality rankings require at least $50M annual revenue or $250M total assets to filter out micro-caps and shell companies. This company reported $8.0M in revenue.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
IGC Stock Analysis & AI Quality Score
AI stock analysis and institutional research for IGC Pharma, Inc. (IGC), a Healthcare sector company. IGC is not currently included in 13F Pro's AI-ranked quality universe — quality rankings require at least $50m annual revenue or $250m total assets to filter out micro-caps and shell companies. this company reported $8.0m in revenue. Based on the latest XBRL financial filings (Q4 2026), IGC Pharma, Inc. reports quarterly revenue of $317.0K, net income of $-2.4M, free cash flow of $-1.2M. Top institutional holders of IGC by reported 13-F value include GEODE CAPITAL MANAGEMENT,, VANGUARD CAPITAL MANAGEMENT, BlackRock,, based on the most recent SEC filings. IGC trades on the NYSE exchange and files with the SEC under CIK 1326205. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate IGC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for IGC Pharma, Inc. directly from SEC EDGAR.
Revenue
Q4 2026
$317.0K
Net Income
Q4 2026
$-2.4M
Free Cash Flow
Q4 2026
$-1.2M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-5.5% YoYNet Income
+45.2% YoYOperating Income
+24.0% YoYEPS (Diluted)
+59.1% YoYTotal Assets
-11.7% YoYTotal Debt
-2.1% YoYOp. Cash Flow
+7.8% YoY| Metric | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $1.3M -5.5% | $1.3M +238.8% | $397.0K -55.8% | $898.0K -77.9% | $4.1M -20.4% | $5.1M |
| Net Income | $-7.1M +45.2% | $-13.0M +13.4% | $-15.0M -70.4% | $-8.8M -20.5% | $-7.3M -78.5% | $-4.1M |
| Operating Income | $-7.4M +24.0% | $-9.8M +36.5% | $-15.4M -76.8% | $-8.7M -27.1% | $-6.9M -47.8% | $-4.6M |
| EPS (Diluted) | $-0.09 +59.1% | $-0.22 | — | — | — | — |
| Total Assets | $8.7M -11.7% | $9.9M -63.1% | $26.8M -25.2% | $35.9M +23.7% | $29.0M -15.9% | $34.5M |
| Total Debt | $137.0K -2.1% | $140.0K -4.8% | $147.0K -74.7% | $580.0K +1060.0% | $50.0K +0.0% | $50.0K |
| Operating Cash Flow | $-4.8M +7.8% | $-5.2M +30.3% | $-7.5M +30.9% | $-10.8M -24.5% | $-8.7M -160.6% | $-3.3M |
AI Insight: IGC Financial Trends
IGC posted first profitable quarter in Q4 2025 ($2M net income) but revenue remains absent and operating losses persist.
• Net income swung to +$2M in Q4 2025 from −$1M to −$2M range in prior quarters, marking first profitable result in dataset.
• Revenue remains $0M across all periods; no commercial traction evident despite profitability milestone in Q4 2025.
• Operating income stayed negative at −$2M in Q4 2025 and Q1 2026, inconsistent with net income swing—suggests one-time gains or non-operating items.
⚠ Q4 2025 net income profitability not explained by operating improvements; operating CF remains negative. Sustainability unclear.
⚠ Revenue generation has not started; company continues burning cash with negative operating CF each quarter.
AI Insight: IGC Ratio Trends
IGC Pharma oscillates between profitability and deep losses with no sustained earnings power; latest quarter reverted to -157% ROE after brief Q4 2025 spike.
• ROE swung dramatically from -116.9% in Q4 2024 to +95.8% in Q4 2025, then collapsed to -157.0% in Q1 2026.
• ROA shows similar volatility: -80.6% in Q4 2024, improved to +73.2% in Q4 2025, then deteriorated to unspecified in Q1 2026 TTM.
• ROIC turned negative -90.6% in Q4 2025; capital generation remains severely impaired.
⚠ No operating or net profit margins reported across any period—inability to measure core profitability suggests structural earnings instability.
⚠ Leverage stable at 0.02 D/E, but immaterial given negative returns; balance sheet strength is irrelevant without earnings.
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Available Research
13F Pro tracks comprehensive data for IGC Pharma, Inc. including:
Top Institutional Holders of IGC
GEODE CAPITAL MANAGEMENT, LLC
$274.4K1,043,384 shVANGUARD CAPITAL MANAGEMENT LLC
$188.9K718,436 shBlackRock, Inc.
$185.1K703,798 shRENAISSANCE TECHNOLOGIES LLC
$127.3K483,975 shVANGUARD FIDUCIARY TRUST CO
$109.4K415,888 shSTATE STREET CORP
$52.8K200,799 shSUSQUEHANNA INTERNATIONAL GROUP, LLP
$32.2K122,595 shNORTHERN TRUST CORP
$29.8K113,407 shLAWOOD & CO
$19.7K75,000 shGOLDMAN SACHS GROUP INC
$17.2K65,541 sh
| Fund | Value | Shares |
|---|---|---|
| GEODE CAPITAL MANAGEMENT, LLC | $274.4K | 1,043,384 |
| VANGUARD CAPITAL MANAGEMENT LLC | $188.9K | 718,436 |
| BlackRock, Inc. | $185.1K | 703,798 |
| RENAISSANCE TECHNOLOGIES LLC | $127.3K | 483,975 |
| VANGUARD FIDUCIARY TRUST CO | $109.4K | 415,888 |
| STATE STREET CORP | $52.8K | 200,799 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $32.2K | 122,595 |
| NORTHERN TRUST CORP | $29.8K | 113,407 |
| LAWOOD & CO | $19.7K | 75,000 |
| GOLDMAN SACHS GROUP INC | $17.2K | 65,541 |
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Popular Research
Is IGC a good stock to buy?
13F Pro's AI-powered analysis of IGC Pharma, Inc. (IGC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for IGC are available on the IGC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own IGC?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling IGC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of IGC Pharma, Inc.'s investment landscape.