India Pesticides Limited has informed the Exchange about Transcript
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India Pesticides reported Q1 FY26 revenue of Rs. 282 crores, up 25.8% year-on-year, driven primarily by volume growth in herbicides. EBITDA jumped 62.6% YoY to Rs. 52 crores with margin expanding to 18.4% (up 4.17% YoY), while net profit rose 79.2% to Rs. 35 crores. ROCE improved to 18.34% from 14% on better product mix. Management guided for FY26 revenue of Rs. 1,000 crores with EBITDA margins of 18-20%, and 15-20% growth in FY27 with similar margins. Capex of Rs. 116 crores is planned for FY26, including Rs. 64 crores at the Shalvis (Hamirpur) subsidiary, which has a long-term revenue potential of Rs. 1,000-1,100 crores over 3-4 years requiring Rs. 400-500 crores in investment.
Strong quarterly beat with broad-based growth and margin expansion, supported by anti-dumping duty benefits on Pretilachlor and new capacity coming online. Positive near-term outlook backed by explicit FY26 and FY27 guidance, expanding export order book, and a visible multi-year growth runway from the Hamirpur project, likely to support positive investor sentiment.