Aimco Pesticides FY26 Annual Report: Revenue Down, Losses Widen
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Aimco Pesticides submitted its FY26 annual report. Revenue fell to Rs 153.88 Crore from Rs 197.66 Crore, a decline of about 22 percent. EBITDA worsened to negative Rs 10.55 Crore with margins at negative 6.9 percent against negative 1.2 percent earlier. Net loss widened to Rs 12.20 Crore from Rs 7.24 Crore. Management blamed global destocking, falling prices, weak export demand and Chinese competition. Received product registration for Bifenthrin in Brazil and is expanding in domestic markets like Kerala and Rajasthan.
Widening losses, revenue decline and negative EBITDA raise concerns, though management expects recovery with new molecule launches and domestic expansion.