India Pesticides Ltd (NSE:IPL)
₹ 151.66 -5.97 (-3.79%) Market Cap: 17.47 Bil Enterprise Value: 17.39 Bil PE Ratio: 14.59 PB Ratio: 1.73 GF Score: 81/100

Q2 2026 India Pesticides Ltd Earnings Call Transcript

Nov 13, 2025 / 07:00 AM GMT
Release Date Price: ₹182.68 (-0.90%)

Key Points

Positve
  • India Pesticides Ltd (BOM:543311) reported a 36% year-on-year revenue growth for the first half of FY26, indicating strong performance.
  • The company achieved an EBITDA growth of 53% for the half-year, with margins at 18.6%, showcasing improved operational efficiency.
  • Export sales nearly doubled to INR 140 crores, driven by increased demand in Europe and Australia, highlighting successful international market penetration.
  • The company remains a zero-debt entity, funding growth through internal accruals, which reflects financial stability.
  • India Pesticides Ltd is on track to meet its full-year revenue guidance of about 1,000 crores, supported by strategic initiatives and favorable market conditions.
Negative
  • Domestic revenue remained flat at INR 150 crores due to challenges from heavy monsoons affecting the pesticide application cycle.
  • The company faces a competitive market environment, requiring continuous cost competitiveness and efficiency improvements.
  • There is a dependency on successful execution of backward integration projects to maintain and improve margins.
  • The ambitious target of reaching 3,000 crores by FY31 requires significant strategic planning and execution.
  • Market valuation concerns were raised by investors, indicating a potential disconnect between company performance and market perception.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

IDIP.NS - India Pesticides Ltd
Q2 2026 India Pesticides Ltd Earnings Call
Nov 13, 2025 / 07:00AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to India Pesticides Q2FI 26 earnings conference call hosted by Dollli Capital. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing 0 on a touchstone phone. Please note that this conference is being recorded. I now hand the conference over to Viral Shah.

From dollar Capital, thank you and over to you, sir.

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Unidentified_2 [2]
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