India Pesticides Ltd

India Pesticides Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

India Pesticides Ltd

₹ 228 0.33%
23 Apr - close price
indiapesticideslimited.com BSE: 543311 NSE : IPL
About

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]

Key Points

Leading pesticides company
India Pesticides Ltd (IPL) is one of the fastest-growing agrochemical companies in terms of the volume of Technicals manufactured. [1] [2]

Website BSE NSE
  • Market Cap ₹ 2,631 Cr.
  • Current Price ₹ 228
  • High / Low ₹ 432 / 200
  • Stock P/E 29.6
  • Book Value ₹ 69.4
  • Dividend Yield 0.33 %
  • ROCE 27.4 %
  • ROE 20.3 %
  • Face Value ₹ 1.00
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.

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

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
133 170 178 190 177 218 251 218 198 201 202 151
97 115 124 129 135 163 198 171 156 179 175 118
Operating Profit 36 55 55 61 42 56 53 47 42 23 27 33
OPM % 27% 32% 31% 32% 24% 26% 21% 21% 21% 11% 13% 22%
2 4 4 1 4 3 2 5 3 3 4 4
Interest 1 1 0 1 4 2 2 2 2 1 1 1
Depreciation 2 2 2 2 3 2 3 3 3 4 4 4
Profit before tax 36 56 56 59 40 55 50 46 40 21 27 32
Tax % 26% 25% 25% 27% 23% 25% 26% 25% 26% 27% 26% 26%
27 42 42 43 31 41 37 35 30 15 20 24
EPS in Rs 2.39 3.76 3.65 3.75 2.66 3.57 3.23 3.02 2.60 1.34 1.69 2.08
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 TTM
649 716 885 752
466 502 688 627
Operating Profit 183 214 197 125
OPM % 28% 30% 22% 17%
6 13 13 14
Interest 3 7 7 4
Depreciation 6 9 11 14
Profit before tax 180 212 192 121
Tax % 25% 25% 25%
135 158 143 89
EPS in Rs 12.03 13.72 12.44 7.71
Dividend Payout % 3% 5% 6%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -13%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -38%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 5%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 20%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 11 12 12 12
Reserves 378 626 762 788
30 23 13 9
97 131 135 170
Total Liabilities 517 792 921 978
124 174 248 262
CWIP 12 44 27 47
Investments 9 17 12 12
372 557 633 658
Total Assets 517 792 921 978

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
83 76 45
-83 -133 -24
-4 71 -25
Net Cash Flow -4 14 -4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
Debtor Days 120 126 108
Inventory Days 88 163 175
Days Payable 92 110 80
Cash Conversion Cycle 116 179 203
Working Capital Days 132 164 165
ROCE % 40% 27%

Shareholding Pattern

Numbers in percentages

59 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
68.17% 66.17% 66.17% 66.56% 66.76% 67.20% 67.20% 67.20% 67.20% 63.61% 63.61% 63.61%
0.00% 2.99% 2.26% 2.20% 2.11% 0.62% 0.52% 0.45% 0.39% 0.33% 1.63% 2.40%
0.00% 2.30% 1.13% 1.06% 1.07% 1.59% 1.59% 1.81% 1.81% 1.70% 1.59% 0.04%
31.83% 28.54% 30.44% 30.17% 30.05% 30.60% 30.69% 30.55% 30.61% 34.38% 33.17% 33.95%
No. of Shareholders 251,79,0861,51,6331,38,3661,35,5051,31,5801,30,4171,29,2551,27,1841,17,09598,75895,758

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls