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Earnings Call

India Pesticides Earnings Call: Key Takeaways

India Pesticides crossed ₹1,000cr revenue milestone in FY26, driven by 30% volume growth and improved capacity utilization. Management maintains focus on backward integration and specialty chemistry expansion.

Why this was an Alfa AlertNot a filter event. Revenue beat upper target of ₹1,000cr by 7.8%, which is below the 10% materiality threshold.
Highlights
Revenue growth27.9% YoY for FY26.
MarginsEBITDA margin improved to 18%; FY27 guidance 18-20%.
Order bookStrong order execution noted in herbicides and intermediates.
Demand visibilityGradually improving global agrochemical demand as channel inventories normalize.
Management confidenceHigh; intact ₹3,000cr FY31 revenue target.

Growth

FY26 Revenue grew 27.9% to ₹1,078cr; EBITDA up 44.7% to ₹194cr; PAT rose 45.8% to ₹120cr.

Outlook

Revenue guidance of 15-20% growth for FY27; target ₹3,000cr revenue by FY31; ₹135cr total capex planned.

Risks

Geopolitical tensions in Middle East causing logistics disruptions and selective pricing pressure in export markets.

Source

Earnings Call filed with BSE, NSE: IPL. Summary written with AI assistance from the document.

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India Pesticides Ltd: key numbers

Share price
₹133.92
Market cap
₹1,542 Cr
Revenue (annual)
₹1,057 Cr
Net profit (annual)
₹119.8 Cr
P/E (TTM)
10.8×Sector 37.5×
Promoter holding
63.65%+0.00% QoQ
FII holding
0.20%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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