NYSE · IGC

IGC Pharma, Inc.

Closing price · Nov 13, 2026 $0.176

Latest quarter · ended Sep 30, 2026

Cash got weaker, but sales grew

descriptionFiled Nov 6, 2026
Revenue growthFaster
+71.7%
Quarter ended Sep 30, 2024: +41.6% sales vs. a year beforeQuarter ended Dec 31, 2024: +26.0% sales vs. a year beforeQuarter ended Mar 31, 2025: +11.9% sales vs. a year beforeQuarter ended Jun 30, 2025: +20.6% sales vs. a year beforeQuarter ended Sep 30, 2025: −53.6% sales vs. a year beforeQuarter ended Mar 31, 2026: −3.9% sales vs. a year beforeQuarter ended Jun 30, 2026: −19.2% sales vs. a year beforeQuarter ended Sep 30, 2026: +71.7% sales vs. a year before
Sep '24Sep '26
$328K vs. $191K a year ago
Gross marginWorse
18.6%
Quarter ended Sep 30, 2024: 48.1% gross marginQuarter ended Dec 31, 2024: 40.5% gross marginQuarter ended Mar 31, 2025: 46.7% gross marginQuarter ended Jun 30, 2025: 47.0% gross marginQuarter ended Sep 30, 2025: 51.8% gross marginQuarter ended Mar 31, 2026: 17.4% gross marginQuarter ended Jun 30, 2026: 18.1% gross marginQuarter ended Sep 30, 2026: 18.6% gross margin
Sep '24Sep '26
vs. 51.8% a year ago
Cash from operationsBetter
−$1.42M
Quarter ended Sep 30, 2024: −$996K cash from operationsQuarter ended Dec 31, 2024: −$1.32M cash from operationsQuarter ended Mar 31, 2025: −$730K cash from operationsQuarter ended Jun 30, 2025: −$1.41M cash from operationsQuarter ended Sep 30, 2025: −$2.09M cash from operationsQuarter ended Mar 31, 2026: −$1.22M cash from operationsQuarter ended Jun 30, 2026: −$1.35M cash from operationsQuarter ended Sep 30, 2026: −$1.42M cash from operations
Sep '24Sep '26
vs. −$2.09M a year ago
Share countDiluting
+25.6%
Quarter ended Sep 30, 2024: 77.45M sharesQuarter ended Dec 31, 2024: 79.69M sharesQuarter ended Mar 31, 2025: 83.89M sharesQuarter ended Jun 30, 2025: 90.81M sharesQuarter ended Sep 30, 2025: 92.87M sharesQuarter ended Mar 31, 2026: 100.09M sharesQuarter ended Jun 30, 2026: 103.38M sharesQuarter ended Sep 30, 2026: 116.69M shares
Sep '24Sep '26
116.69M shares vs. 92.87M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Mixed Insiders: as of Nov 13 Funds: as of Jun 30, 2026
−1000+100 0
  • info
    No real insider sales in 12 months. Planned 10b5-1 sales and tax withholding are left out.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Who owns it

37 funds report owning IGC, up from 36

Holdings as of Jun 30, 2026
New7
Added4
Held20
Trimmed6
Sold out6

Insider trades · last 12 months

Real buys and sales

No open-market buys or sales by officers or directors in the last 12 months. Hidden: 2 stock grants, 6 option exercises, 2 gifts. Press All filings to see them.

● Open-market buy● Open-market sale
CEOCFOOther officersDirectorsDecJanFebMarAprMayJunJulAugSepOctNovOption exercise · Jan 19 · 100,000 shOption exercise · Feb 3 · 50,000 shOption exercise · Apr 1 · $36KOption exercise · Apr 1 · 300,000 sh · 2 peopleOption exercise · Apr 1 · $84KStock grant · Jun 30 · $553KStock grant · Jun 30 · $601KGift · Sep 25 · 150,000 shGift · Sep 25 · 200,000 sh
CEOCFOOther officersDirectorsJunJulAugSepOctNovStock grant · Jun 30 · $553KStock grant · Jun 30 · $601KGift · Sep 25 · 150,000 shGift · Sep 25 · 200,000 sh

Last 6 months. A wider screen shows 12.

Showing 0 real trades. Hidden: 2 stock grants, 6 option exercises, 2 gifts. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Showing every filing. Dashed circles are routine: grants, tax withholding, option exercises and planned sales.

Top holders

Biggest funds in IGC

As of Jun 30, 2026
FundOwnsValueChange
Geode Capital Management, LLC0.8%$239K−16%
Vanguard Capital Management LLC0.7%$222K+13%
BlackRock, Inc.0.6%$191KSame
AdvisorShares Investments LLC0.6%$185KNew
Citadel Advisors LLC0.4%$119KNew

"Owns" is shares reported divided by shares outstanding.

Where this data comes from. Insider trades, fund holdings, activist stakes and company results come from public SEC EDGAR filings (Forms 4, 13F, 13D/13G, 10-Q and 8-K). Congress trades come from the STOCK Act reports members file with the House Clerk and the Senate. Daily closing prices come from post-no-preference/stocks on DoltHub, a community-run database shared under CC BY-SA 4.0; the prices we show stay under that license. They are each day's close, not live or official exchange prices.

This is data, not investment advice. About StockToast