India Pesticides Limited

NSE: IPL · Pesticides & Agrochemicals · sector

₹114.02NSE close 2026-10-26

Key numbers

Market cap₹1,314 cr

Price₹114.02

52w high / low₹198 / ₹114

P/E12.2xSector median 18.3x

P/B1.3xSector median 1.8x

Book value₹87.7

Dividend yield0.66%Sector median 0.55%

ROE11.3%Sector median 9.3%

ROCE14.1%Sector median 12.4%

OPM15.8%Sector median 10.4%

Debt / equity0.11xSector median 0.34x

EV/EBITDA8.0xSector median 10.8x

Interest cover19.1x

Current ratio3.19x

Sales growth 3y+6.1%Sector median +1.7%

Profit growth 3y-5.8%Sector median +2.3%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 29 companies in Pesticides & Agrochemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹117 cr vs borrowings ₹107 cr (FY26): cash is higher (net cash).
Borrowings rose in each of the last 3 years (₹4 cr → ₹107 cr).
Operating profit covered interest 19.1x in the last 12 months.
Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY23, FY22).
Revenue was higher than a year earlier in 3 of the last 4 quarters.
Other income was 15% of net profit in the last 12 months.
Dividend paid in 4 of the last 5 financial years.
Price ₹114.02 on 2026-10-26: -42.5% from the 52-week high, 0.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹235.81 · low ₹114.02

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	229	172	207	275	290	225	266	252
EBITDA	34	27	32	45	49	38	42	35
OPM %	14.7%	15.4%	15.3%	16.4%	16.8%	16.7%	15.7%	14.1%
Other income	5	3	3	9	5	3	4	4
Net profit	26	16	22	35	32	23	31	23
EPS (₹)	2.25	1.40	1.89	3.03	2.74	1.97	2.66	1.98
Revenue YoY					+26.9%	+30.9%	+28.6%	-8.5%
Profit YoY					+22.0%	+41.0%	+40.7%	-34.9%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	716	885	680	829	1,057	1,034
EBITDA	214	197	87	120	174	164
Net profit	158	143	60	82	120	108
EPS (₹)	13.78	12.46	5.24	7.14	10.40	9.35
Revenue growth		+23.6%	-23.1%	+21.8%	+27.6%	+17.1%
Profit growth		-9.3%	-58.0%	+36.6%	+45.8%	+9.1%
Dividend / share (₹)	–	0.75	0.75	0.75	0.75

Compounded growth	3 years	5 years	Last 12 months
Sales	+6.1%	–	+17.0%
Net profit	-5.8%	–	+9.1%
EPS	-5.8%	–	–
Share price	–	-21.4% (2y)	-37.4%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	773	825	898	1,010
Borrowings	–	4	18	52	107
Cash & equivalents	–	61	113	101	117
Total assets	–	921	1,002	1,143	1,337
Fixed assets	–	248	279	327	387
Capital work in progress	–	27	58	58	68
Investments	–	12	12	15	19
Receivables	–	262	238	344	360
Inventory	–	225	208	243	287
Payables	–	103	95	120	138

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	76	45	114	3	62
Cash from investing	-133	-24	-120	1	-83
Cash from financing	71	-25	3	19	36
Capex	82	76	77	64	91
Free cash flow	-6	-31	37	-61	-30

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	18.5%	7.3%	9.1%	11.9%
ROCE %	–	25.6%	10.3%	12.2%	15.5%
Debtor days	–	108	128	152	124
Inventory days	–	169	191	193	181
Payable days	–	78	87	95	87
Cash conversion cycle (days)	–	199	232	250	218
Working capital days	–	189	243	223	202

Shareholding

Holder	% (2026-09-30)
Promoters	63.65%
FIIs	0.09%
DIIs	0.03%
of which Mutual funds	0.00%
Public (non-institutions)	36.24%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	63.61%	63.61%	63.61%	63.65%	63.65%	63.65%	63.65%	63.65%

Promoter group	%
Anand Swarup Agarwal	31.15%
PSA Family Trust	9.78%
Sudha Agarwal	7.07%
ASA Family Trust	6.70%
MSA Family Trust	4.95%
Virendra Swarup Agarwal	3.17%
Asha Agarwal	3.16%
Nupur Goyal	2.11%
Sugandha Swarup Arora	2.11%
Aparna Gupta	2.11%
Shalini Pawan Agarwal	1.01%
Sonia Ajay Goyal	1.01%
Vishal Swarup Agarwal	0.24%
Anurag Swarup Agarwal	0.23%
Vishwas Swarup Agarwal	0.19%

95,430 shareholders. Pledged: – of promoter shares.

Peers in Pesticides & Agrochemicals

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
UPL	₹42,056 cr	20.6x	1.2x	6.3%	11.9%	17.8%	-1.1%	1.16%
PIIND	₹30,704 cr	26.3x	2.7x	10.5%	13.3%	25.3%	+1.1%	0.74%
SUMICHEM	₹17,685 cr	30.5x	5.2x	18.4%	23.1%	21.4%	-2.7%	0.33%
BAYERCROP	₹15,009 cr	20.5x	5.1x	25.2%	31.7%	16.0%	+3.4%	3.75%
SHARDACROP	₹5,688 cr	9.1x	1.8x	22.2%	25.8%	19.5%	+9.2%	1.91%
DHANUKA	₹3,709 cr	14.0x	2.2x	17.4%	21.1%	19.2%	+5.9%	0.25%
RALLIS	₹3,664 cr	19.1x	1.7x	9.3%	12.4%	11.9%	-0.8%	1.34%
NACLIND	₹2,650 cr	221.7x	3.9x	2.2%	6.0%	5.8%	-9.2%	–
BHAGCHEM	₹2,512 cr	91.4x	3.6x	4.0%	6.1%	13.0%	+2.2%	0.07%
IPL	₹1,314 cr	12.2x	1.3x	11.3%	14.1%	15.8%	+6.1%	0.66%

All 29 companies in Pesticides & Agrochemicals →

Dividends & corporate actions

Ex-date	Action	Detail
2026-08-24	Dividend	Dividend - Re 0.75 Per Share
2025-08-12	Dividend	Dividend - Re 0.75 Per Share
2024-08-12	Dividend	Annual General Meeting/Dividend - Re 0.75 Per Share
2023-08-17	Dividend	Annual General Meeting/Dividend - Re 0.75 Per Share
2022-08-11	Dividend	Annual General Meeting/Dividend - Rs 0.75 Per Share

Documents

Links go to the original files on the exchange website.

About the company

Manufacturing of Pesticides: Manufacturing of Pesticides


Sector	Commodities
Industry	Pesticides & Agrochemicals
Sub-industry	Pesticides & Agrochemicals
Symbol	IPL
BSE code	543311
ISIN	INE0D6701023
Face value	₹1.0
Incorporated	1984-12-13
Website	www.indiapesticideslimited.com
Plants (India / abroad)	2 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.