India Pesticides (NSE:IPL) Debt-to-Equity: 0.11 (As of Mar. 2026) — 57% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:IPL India Pesticides Ltd NSE:IPL
78 GF Score
Price ₹148.57
GF Value ₹274.20
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is India Pesticides Debt-to-Equity?

India Pesticides NSE:IPL -3.62% 78 Debt-to-Equity is 0.11 as of Mar. 2026, which is 57% above its 10-year median of 0.07. GuruFocus rates NSE:IPL with a GF Score™ of 78/100 and a GF Value™ of ₹274.20 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 229 Agriculture companies, India Pesticides ranks better than 79.04% on this metric.

India Pesticides's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹780 Mil. India Pesticides's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹322 Mil. India Pesticides's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹10,100 Mil. India Pesticides's debt to equity for the quarter that ended in Mar. 2026 was 0.11.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for India Pesticides's Debt-to-Equity or its related term are showing as below:

NSE:IPL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.07   Max: 0.31
Current: 0.11

During the past 8 years, the highest Debt-to-Equity Ratio of India Pesticides was 0.31. The lowest was 0.02. And the median was 0.07.

NSE:IPL's Debt-to-Equity is ranked better than
79.04% of 229 companies
in the Agriculture industry
Industry Median: 0.35 vs NSE:IPL: 0.11

India Pesticides  (NSE:IPL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


India Pesticides Debt-to-Equity Related Terms


India Pesticides Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for India Pesticides's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

India Pesticides Debt-to-Equity Chart

India Pesticides Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial 0.04 0.02 0.03 0.07 0.11

India Pesticides Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 N/A 0.05 N/A 0.11

NSE:IPL vs CTVA, CF, MOS: Debt-to-Equity Comparison

For the Agricultural Inputs subindustry, India Pesticides's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


India Pesticides Debt-to-Equity vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, India Pesticides's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where India Pesticides's Debt-to-Equity falls into.


NSE:IPL
78GF Score
India Pesticides Ltd NSE:IPL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Pesticides Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

India Pesticides's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

India Pesticides's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.11 mean?
India Pesticides (NSE:IPL) has a Debt-to-Equity of 0.11 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on India Pesticides and its competitors. This is 57% above median its historical median of 0.07. Over the past decade, India Pesticides' Debt-to-Equity has ranged from 0.02 to 0.31. According to the industry distribution chart, India Pesticides ranks #48 out of 229 companies in the Agriculture industry, placing it in the top 21%.
Is India Pesticides' Debt-to-Equity too high?
India Pesticides' current Debt-to-Equity of 0.11 is 57% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.31. The Agriculture industry median Debt-to-Equity is 0.35. India Pesticides' value of 0.11 is 68.6% below this industry median. Based on the distribution chart, India Pesticides ranks #48 out of 229 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, India Pesticides has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does India Pesticides' Debt-to-Equity compare to CTVA and CF?
According to the Agriculture industry distribution chart, India Pesticides ranks #48 out of 229 companies for Debt-to-Equity. This places India Pesticides in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.35. India Pesticides' value of 0.11 is 68.6% below this benchmark. Historically, India Pesticides' own Debt-to-Equity has ranged from 0.02 to 0.31 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.35, India Pesticides has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Agriculture company?
The median Debt-to-Equity among Agriculture companies is 0.35, based on 229 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. India Pesticides's current Debt-to-Equity of 0.11 is 68.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on India Pesticides and its competitors. For the Agriculture industry, the median Debt-to-Equity is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Pesticides's current Debt-to-Equity is 0.11, which is 57% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Pesticides stock overvalued right now?
Based on GuruFocus' analysis, India Pesticides (NSE:IPL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹274.20, compared to a current price of ₹148.57 — trading 45.8% below its estimated fair value. The current Debt-to-Equity is 0.11, which is 57% above median its 10-year median of 0.07 and 68.6% below the Agriculture industry median of 0.35. India Pesticides' overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For India Pesticides (NSE:IPL), the current Debt-to-Equity is 0.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is India Pesticides (NSE:IPL) Overvalued in 2026?

Based on GuruFocus' analysis, India Pesticides stock appears to be undervalued. The current stock price of ₹148.57 is trading 45.8% below its estimated GF Value™ of ₹274.20. GuruFocus considers India Pesticides to be Significantly Undervalued.

Key valuation signals for NSE:IPL:

  • Debt-to-Equity: 0.11 (57% above median its 10-year median of 0.07)
  • GF Value™: ₹274.20 vs. price of ₹148.57 (45.8% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 68.6% below the Agriculture median (#48 of 229)

No single metric tells the full story. See the NSE:IPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


India Pesticides Business Description

Other Exchanges 543311:India
Address Water Works Road, Swarup Cold Storage Compound, Aishbagh, Lucknow, UP, IND, 226 004
India Pesticides Ltd is an agrochemical manufacturer in India. The company operates in Agro chemicals as its main business segment. The company's technical includes Fungicides and Herbicides. Geographically the company derives revenue from India and foreign countries.
78GF Score

Get the complete analysis for NSE:IPL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹148.57
Price
₹274.20
GF Value