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 ₹ 2,548 Cr.
- Current Price ₹ 221
- High / Low ₹ 242 / 120
- Stock P/E 31.1
- Book Value ₹ 78.0
- Dividend Yield 0.34 %
- ROCE 12.8 %
- ROE 9.52 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Company has a low return on equity of 12.0% over last 3 years.
- Dividend payout has been low at 10.3% of profits over last 3 years
- Company has high debtors of 152 days.
- Promoter holding has decreased over last 3 years: -3.14%
* 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% | 11% |
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: | -8% |
1 Year: | 0% |
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 | 60 | |
97 | 131 | 135 | 151 | 183 | |
Total Liabilities | 517 | 792 | 921 | 1,001 | 1,142 |
124 | 174 | 248 | 279 | 328 | |
CWIP | 12 | 44 | 27 | 58 | 58 |
Investments | 9 | 17 | 12 | 12 | 15 |
372 | 557 | 633 | 651 | 741 | |
Total Assets | 517 | 792 | 921 | 1,001 | 1,142 |
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 | 205 |
Days Payable | 92 | 110 | 80 | 92 | 101 |
Cash Conversion Cycle | 116 | 179 | 203 | 238 | 255 |
Working Capital Days | 120 | 158 | 164 | 185 | 179 |
ROCE % | 40% | 27% | 11% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 Jul - Newspaper advertisement in connection with 40th AGM of the Company
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Reg. 34 (1) Annual Report.
26 Jul - India Pesticides reports FY25 revenue ₹843 Cr, 21.3% growth; plans ₹116 Cr capex for capacity expansion.
- Notice Of Shareholders Meeting On Tuesday, 19Th August, 2025 At 12:30 PM (IST) 26 Jul
- Notice Of The Shareholders Meeting Dated Tuesday, 19Th August, 2025 At 12:30 PM (IST) 25 Jul
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Business Responsibility and Sustainability Reporting (BRSR)
25 Jul - India Pesticides submits FY 2024-25 Business Responsibility & Sustainability Report detailing ESG initiatives and compliance.
Annual reports
Concalls
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Leading pesticides company [1]
An R&D-driven chemical manufacturer of agrochem technical, APIs, and formulation business.