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 ₹ 1,711 Cr.
- Current Price ₹ 149
- High / Low ₹ 246 / 125
- Stock P/E 15.9
- Book Value ₹ 87.7
- Dividend Yield 0.50 %
- ROCE 16.7 %
- ROE 12.6 %
- Face Value ₹ 1.00
Pros
Cons
- The company has delivered a poor sales growth of 10.3% over past five years.
- Company has a low return on equity of 10.0% over last 3 years.
- Dividend payout has been low at 10.7% of profits over last 3 years
- Promoter holding has decreased over last 3 years: -3.55%
* 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 Commodities BSE 1000
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 649 | 716 | 885 | 680 | 829 | 1,057 | 1,034 | |
| 466 | 502 | 688 | 594 | 709 | 884 | 870 | |
| Operating Profit | 183 | 214 | 197 | 87 | 120 | 174 | 164 |
| OPM % | 28% | 30% | 22% | 13% | 14% | 16% | 16% |
| 6 | 13 | 13 | 15 | 15 | 21 | 16 | |
| Interest | 3 | 7 | 7 | 4 | 5 | 7 | 8 |
| Depreciation | 6 | 9 | 11 | 15 | 18 | 21 | 22 |
| Profit before tax | 180 | 212 | 192 | 82 | 111 | 166 | 150 |
| Tax % | 25% | 25% | 25% | 27% | 26% | 28% | |
| 135 | 158 | 143 | 60 | 82 | 120 | 108 | |
| EPS in Rs | 12.03 | 13.72 | 12.44 | 5.22 | 7.14 | 10.40 | 9.34 |
| Dividend Payout % | 3% | 5% | 6% | 14% | 11% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 6% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -2% |
| 3 Years: | -6% |
| TTM: | 9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -15% |
| 3 Years: | -11% |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 10% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 11 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 378 | 626 | 762 | 813 | 887 | 998 |
| 30 | 23 | 13 | 26 | 60 | 109 | |
| 97 | 131 | 135 | 151 | 183 | 218 | |
| Total Liabilities | 517 | 792 | 921 | 1,001 | 1,142 | 1,337 |
| 124 | 174 | 248 | 279 | 328 | 388 | |
| CWIP | 12 | 44 | 27 | 58 | 58 | 68 |
| Investments | 9 | 17 | 12 | 12 | 15 | 19 |
| 372 | 557 | 633 | 651 | 741 | 862 | |
| Total Assets | 517 | 792 | 921 | 1,001 | 1,142 | 1,337 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 83 | 76 | 45 | 115 | 3 | 62 | |
| -83 | -133 | -24 | -120 | 1 | -83 | |
| -4 | 71 | -25 | 3 | 19 | 36 | |
| Net Cash Flow | -4 | 14 | -4 | -2 | 23 | 15 |
| Free Cash Flow | 41 | -6 | -30 | 38 | -61 | -30 |
| CFO/OP | 70% | 61% | 47% | 157% | 22% | 59% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 120 | 126 | 108 | 128 | 152 | 124 |
| Inventory Days | 88 | 163 | 175 | 202 | 205 | 181 |
| Days Payable | 92 | 110 | 80 | 92 | 101 | 87 |
| Cash Conversion Cycle | 116 | 179 | 203 | 238 | 255 | 219 |
| Working Capital Days | 120 | 158 | 164 | 185 | 179 | 161 |
| ROCE % | 40% | 27% | 11% | 13% | 17% |
Insights
In beta| Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Formulations Installed Capacity MT |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10h - Intimation of Q1 FY27 Earning Conference Call with Analysts/Investors to discuss Un-audited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13h - Newspaper Publication 41st AGM meeting and E voting information
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Publication of the Financial results for the Quarter ended 30th June, 2026
- Announcement under Regulation 30 (LODR)-Investor Presentation 1d
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Q1 FY2027 revenue Rs.256 crore, PAT Rs.23 crore; EU TEQ approval for a fungicide product.
Annual reports
Concalls
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Aug 2026TranscriptAI SummaryPPT
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Oct 2021TranscriptAI SummaryPPT
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Jul 2021Transcript PPT
Leading Pesticides company[1]
India Pesticides is an R&D-driven chemical manufacturer of agrochemical technical, APIs, and formulation business.