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 ₹ 2,356 Cr.
- Current Price ₹ 205
- High / Low ₹ 264 / 120
- Stock P/E 28.7
- Book Value ₹ 78.0
- Dividend Yield 0.37 %
- ROCE 12.9 %
- ROE 9.54 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Company has a low return on equity of 12.1% over last 3 years.
- Dividend payout has been low at 6.80% 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
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 | |
---|---|---|---|---|---|
649 | 716 | 885 | 680 | 829 | |
466 | 502 | 688 | 594 | 709 | |
Operating Profit | 183 | 214 | 197 | 87 | 120 |
OPM % | 28% | 30% | 22% | 13% | 14% |
6 | 13 | 13 | 15 | 15 | |
Interest | 3 | 7 | 7 | 4 | 5 |
Depreciation | 6 | 9 | 11 | 15 | 18 |
Profit before tax | 180 | 212 | 192 | 82 | 111 |
Tax % | 25% | 25% | 25% | 27% | 26% |
135 | 158 | 143 | 60 | 82 | |
EPS in Rs | 12.03 | 13.72 | 12.44 | 5.22 | 7.14 |
Dividend Payout % | 3% | 5% | 6% | 14% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 5% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -19% |
TTM: | 37% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -4% |
1 Year: | -14% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 12% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Equity Capital | 11 | 12 | 12 | 12 | 12 |
Reserves | 378 | 626 | 762 | 813 | 887 |
30 | 23 | 13 | 26 | 55 | |
97 | 131 | 135 | 151 | 189 | |
Total Liabilities | 517 | 792 | 921 | 1,001 | 1,143 |
124 | 174 | 248 | 279 | 328 | |
CWIP | 12 | 44 | 27 | 58 | 58 |
Investments | 9 | 17 | 12 | 12 | 15 |
372 | 557 | 633 | 651 | 742 | |
Total Assets | 517 | 792 | 921 | 1,001 | 1,143 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
83 | 76 | 45 | 115 | 3 | |
-83 | -133 | -24 | -120 | 1 | |
-4 | 71 | -25 | 3 | 19 | |
Net Cash Flow | -4 | 14 | -4 | -2 | 23 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Debtor Days | 120 | 126 | 108 | 128 | 152 |
Inventory Days | 88 | 163 | 175 | 202 | 193 |
Days Payable | 92 | 110 | 80 | 92 | 95 |
Cash Conversion Cycle | 116 | 179 | 203 | 238 | 249 |
Working Capital Days | 132 | 164 | 165 | 192 | 202 |
ROCE % | 40% | 27% | 11% | 13% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
3 Jun - Q4 FY25 revenue grew 21% to INR 843 Cr; FY26 revenue target INR 1,000 Cr with 18-20% EBITDA margin.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
28 May - Audio recording link of Q4 and FY2025 earnings conference call shared by India Pesticides.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
27 May - Investor Presentation for the quarter and year ended 31st March, 2025
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
27 May - FY25 revenue Rs.843 Cr (+21%), net profit Rs.82 Cr (+37%), capex Rs.116 Cr planned for expansion.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
27 May - Newspaper Publication of Audited Financial Results (Standalone & Consolidated) for the quarter and year ended 31st March, 2025
Annual reports
Concalls
-
Jun 2025Transcript PPT
-
Feb 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Aug 2024TranscriptPPT
-
Aug 2024Transcript PPT
-
Jun 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
Jun 2023TranscriptPPT
-
Jun 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
Jun 2022Transcript PPT
-
May 2022TranscriptNotesPPT
-
Feb 2022Transcript PPT
-
Feb 2022TranscriptNotesPPT
-
Oct 2021TranscriptNotesPPT
-
Jul 2021Transcript PPT
Leading pesticides company [1]
An R&D-driven chemical manufacturer of agrochem technical, APIs, and formulation business.