India Pesticides Ltd
India Pesticides Limited is one of the globally operating agro-chemical manufactures in India, since 1984. The company is the sole Indian manufacturer and among the top five manufacturers globally for several Technicals, such as Folpet, Thiocarbamate Herbicide, and several other products [1]
- Market Cap ₹ 2,549 Cr.
- Current Price ₹ 221
- High / Low ₹ 235 / 120
- Stock P/E 30.2
- Book Value ₹ 78.4
- Dividend Yield 0.34 %
- ROCE 13.1 %
- ROE 9.75 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 11.6% over past five years.
- Company has a low return on equity of 12.2% over last 3 years.
- Dividend payout has been low at 6.70% of profits over last 3 years
- Company has high debtors of 152 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Chemicals Fertilizers & Agrochemicals Pesticides & Agrochemicals
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
223 | 248 | 341 | 480 | 649 | 716 | 885 | 681 | 829 | |
163 | 193 | 275 | 386 | 466 | 502 | 687 | 594 | 708 | |
Operating Profit | 60 | 55 | 65 | 94 | 183 | 214 | 198 | 87 | 121 |
OPM % | 27% | 22% | 19% | 20% | 28% | 30% | 22% | 13% | 15% |
2 | 3 | 5 | 10 | 6 | 13 | 13 | 15 | 15 | |
Interest | 6 | 4 | 6 | 5 | 3 | 7 | 6 | 4 | 4 |
Depreciation | 3 | 4 | 4 | 5 | 6 | 8 | 11 | 15 | 18 |
Profit before tax | 53 | 50 | 61 | 93 | 180 | 212 | 193 | 84 | 114 |
Tax % | 33% | 35% | 28% | 24% | 25% | 25% | 25% | 27% | 26% |
35 | 33 | 44 | 71 | 135 | 158 | 144 | 61 | 84 | |
EPS in Rs | 1,113.42 | 1,030.79 | 1,379.83 | 2,224.32 | 12.04 | 13.75 | 12.54 | 5.31 | 7.33 |
Dividend Payout % | 2% | 2% | 1% | 1% | 3% | 5% | 6% | 14% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 5% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | -19% |
TTM: | 38% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -3% |
1 Year: | -5% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 12% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 11 | 12 | 12 | 12 | 12 |
Reserves | 107 | 141 | 184 | 254 | 378 | 627 | 763 | 816 | 892 |
43 | 46 | 61 | 28 | 30 | 15 | 6 | 20 | 56 | |
42 | 51 | 69 | 81 | 97 | 131 | 135 | 148 | 183 | |
Total Liabilities | 195 | 240 | 317 | 366 | 517 | 784 | 915 | 996 | 1,142 |
61 | 69 | 70 | 99 | 124 | 163 | 237 | 267 | 313 | |
CWIP | 3 | 3 | 5 | 1 | 12 | 44 | 27 | 41 | 36 |
Investments | 2 | 3 | 3 | 3 | 10 | 20 | 17 | 41 | 59 |
130 | 165 | 239 | 262 | 371 | 557 | 635 | 647 | 735 | |
Total Assets | 195 | 240 | 317 | 366 | 517 | 784 | 915 | 996 | 1,142 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
38 | 16 | -3 | 75 | 83 | 77 | 46 | 120 | 6 | |
-6 | -13 | -7 | -31 | -84 | -133 | -23 | -125 | -5 | |
-32 | -2 | 9 | -39 | -4 | 71 | -29 | 2 | 24 | |
Net Cash Flow | 0 | 1 | -1 | 5 | -5 | 14 | -6 | -3 | 26 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 143 | 184 | 191 | 139 | 120 | 126 | 108 | 128 | 152 |
Inventory Days | 56 | 75 | 60 | 88 | 163 | 175 | 201 | 192 | |
Days Payable | 108 | 116 | 95 | 92 | 110 | 74 | 90 | 95 | |
Cash Conversion Cycle | 143 | 132 | 150 | 104 | 116 | 179 | 209 | 240 | 249 |
Working Capital Days | 140 | 158 | 175 | 130 | 132 | 164 | 165 | 193 | 202 |
ROCE % | 32% | 30% | 37% | 52% | 41% | 28% | 11% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Scheduled virtual group meeting with analysts on 2 July 2025 at 3:30 PM IST.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Scheduled virtual group meeting with analysts/investors on 2 July 2025 at 3:30 PM IST.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1d
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Closure of Trading Window
2d - Trading window closed from July 1, 2025, till 48 hours after Q1 2025 results announcement.
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Imposition Of Anti-Dumping Duty On Imports From China
20 Jun - India imposes 5-year anti-dumping duty on Chinese Pretilachlor imports benefiting domestic producers.
Annual reports
Concalls
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Leading pesticides company [1]
An R&D-driven chemical manufacturer of agrochem technical, APIs, and formulation business.