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 ₹ 2,393 Cr.
- Current Price ₹ 208
- High / Low ₹ 330 / 197
- Stock P/E 16.5
- Book Value ₹ 61.5
- Dividend Yield 0.36 %
- ROCE 40.5 %
- ROE 30.7 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 34.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.3%
Cons
* 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
Sector: Agro Chemicals Industry: Pesticides / Agrochemicals - Indian
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 | TTM | |
---|---|---|---|---|---|---|---|
223 | 248 | 341 | 480 | 649 | 716 | 864 | |
163 | 193 | 275 | 386 | 466 | 502 | 666 | |
Operating Profit | 60 | 55 | 65 | 94 | 183 | 214 | 198 |
OPM % | 27% | 22% | 19% | 20% | 28% | 30% | 23% |
2 | 3 | 5 | 10 | 6 | 13 | 14 | |
Interest | 6 | 4 | 6 | 5 | 3 | 7 | 9 |
Depreciation | 3 | 4 | 4 | 5 | 6 | 8 | 11 |
Profit before tax | 53 | 50 | 61 | 93 | 180 | 212 | 193 |
Tax % | 33% | 35% | 28% | 24% | 25% | 25% | |
Net Profit | 35 | 33 | 44 | 71 | 135 | 158 | 145 |
EPS in Rs | 1,113.42 | 1,030.79 | 1,379.83 | 2,224.32 | 12.04 | 13.75 | 12.60 |
Dividend Payout % | 2% | 2% | 1% | 1% | 3% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 28% |
TTM: | 29% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | 53% |
TTM: | -6% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -24% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 34% |
Last Year: | 31% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|
3 | 3 | 3 | 3 | 11 | 12 | 12 | |
Reserves | 107 | 141 | 184 | 254 | 378 | 627 | 697 |
43 | 46 | 61 | 28 | 30 | 15 | 7 | |
42 | 51 | 69 | 81 | 97 | 131 | 198 | |
Total Liabilities | 195 | 240 | 317 | 366 | 517 | 784 | 914 |
61 | 69 | 70 | 99 | 124 | 163 | 182 | |
CWIP | 3 | 3 | 5 | 1 | 12 | 44 | 55 |
Investments | 2 | 3 | 3 | 3 | 10 | 20 | 17 |
130 | 165 | 239 | 262 | 371 | 557 | 660 | |
Total Assets | 195 | 240 | 317 | 366 | 517 | 784 | 914 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|
38 | 16 | -3 | 75 | 83 | 76 | |
-6 | -13 | -7 | -31 | -84 | -132 | |
-32 | -2 | 9 | -39 | -4 | 71 | |
Net Cash Flow | 0 | 1 | -1 | 5 | -5 | 14 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|
Debtor Days | 143 | 184 | 191 | 139 | 120 | 126 |
Inventory Days | 56 | 75 | 60 | 88 | 165 | |
Days Payable | 108 | 116 | 95 | 92 | 114 | |
Cash Conversion Cycle | 143 | 132 | 150 | 104 | 116 | 178 |
Working Capital Days | 140 | 158 | 175 | 130 | 132 | 164 |
ROCE % | 32% | 30% | 37% | 52% | 41% |
Documents
Announcements
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Intimation Regarding Approval Of Herbicide Technical (Recently Commissioned)
2d - Our company has received Technical Equivalence (TEQ) certification in the European Union (EU) for our newly commissioned herbicide technical product. This certification will bolster our …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16 Mar - Pursuant to Regulation 30(6) of the SEBI (LODR) Regulations, 2015, the schedule of Analyst/Investors Meetings with the Company
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
13 Feb - In continuation to our letter dated February 02, 2023 and pursuant to Regulation 30(6) read with Part A of Schedule III of the SEBI (LODR) …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
6 Feb - The audio call recording of the Company's Analyst Call to discuss the financial results for Third quarter and nine months ended 31st December, 2022 is …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Feb - In compliance with Regulation 47 of SEBI (LODR) Regulations, 2015, please find enclosed herewith a copy of Extract of Unaudited Financial Results (Standalone & Consolidated) …
Concalls
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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May 2022TranscriptNotesPPT
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Feb 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Oct 2021TranscriptNotesPPT
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Jul 2021Transcript PPT
Leading pesticides company
India Pesticides Ltd (IPL) is one of the fastest-growing agro-chemicals companies in terms of the volume of Technicals manufactured. [1]
[2]