India Pesticides Limited has informed the Exchange about Transcript
IPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
India Pesticides Limited reported strong FY26 results with consolidated revenue of INR 1,078 crores (up 27.9% Y-o-Y), EBITDA of INR 194 crores (up 44.7%) with margin improving to 18% from 15.9%, and PAT of INR 120 crores (up 45.8%). Q4 FY26 revenue was INR 271 crores with PAT of INR 31 crores. Domestic sales in Q4 surged 55% to INR 183 crores driven by herbicides and intermediates. Management guided for 15-20% revenue growth in FY27 with EBITDA margins of 18-20%, and reiterated its long-term target of INR 3,000 crores revenue by FY31. The Shalvis facility is expected to contribute INR 70-80 crores in FY27 and INR 1,000 crores by FY31. Capex for FY27 is INR 45 crores (standalone) and INR 90 crores (subsidiary), funded through internal accruals.
Strong execution with margin improvement and clear multi-year roadmap should support the stock; however, a shareholder raised concerns about low dividend payouts and prolonged underperformance since the IPO.