On 6 Nov 2026, India Pesticides was priced at ₹116.18, or 12.4× trailing earnings, against an industry P/E of 14.4×, and the shares are 41% below their 52-week high. Sales grew 6.2% a year over 3 years while net profit fell 5.8%, with ROCE of 16% and ROE of 13%. Debt is 0.11× equity, and its dividend yield is 0.7%. It is a small-cap company with a market cap of ₹1,338 Cr, ranked 26th of 72 Agricultural Inputs companies by market cap; the shares fell 37% over the past year.
- ₹116.20
- ₹117.00
- ₹114.32
- ₹115.96
- 72.7K
Health check
- ReturnsBehind
−37.4% over a year, better than 1 of 7 peers.
- Price tagIn line
P/E 12.4 vs industry 14.4.
- GrowthSteady
Sales +6.2%, profit −5.8% a year over 3 years.
- ProfitabilityAverage
ROCE 16.1% vs peer median 20.9%.
- Balance sheetSolid
Debt 0.11× equity, interest covered 29.5×.
- Red flags3 to check
Quarterly profit down 34.8% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,338 Cr
- Small cap
- P/E
- 12.4
- Industry 14.4
- Price to book
- 1.32
- Peers 4.28
- Dividend yield
- 0.65%
- ROE
- 12.6%
- Peers 16.2%
- ROCE
- 16.1%
- Peers 20.9%
- Debt to equity
- 0.11
- Debt ₹110 Cr
- EPS (TTM)
- ₹9.35
- Face value ₹1
- OPM (TTM)
- 15.8%
- Net margin 10.4%
- Sales growth
- −8.5%
- Latest quarter vs a year ago
- Profit growth
- −34.8%
- Latest quarter vs a year ago
- Price to sales
- 1.29
- EV/EBITDA 8.0
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Quarterly profit down 34.8% on a year ago.
- Quarterly sales down 8.5% on a year ago.
- 41% below its 52-week high.
About India Pesticides
India Pesticides Limited, together with its subsidiaries, engages in the agrochemicals business in India and internationally. The company offers formulations such as herbicides, fungicides, insecticides, acaricides, and growth regulators; and active pharmaceutical ingredients, including anti-fungal and anti-scabies drugs. It also provides generic agrochemical technicals comprising herbicide technicals, which consists of prosulfocarb, pretilachlor,…
- Headquarters
- Lucknow
- Employees
- 1,126
- Sector
- Basic Materials
- ISIN
- INE0D6701023
- Website
- indiapesticideslimited.com
Price range
- Avg volume (3M)
- 5.9 L
- 1-year return
- minus 37.4%
- From 52-week high
- minus 41.0%
Peers · Agricultural Inputs
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| COROMANDELCoromandel International | 1,824.00 | minus 4.00% | 53,724 | 34.5 | 17.0 | 20.9% | 9.4% | 0.11 | 10.2% | minus 12.4% |
| FACTFertilisers and Chemicals Travancore | 750.25 | minus 1.24% | 48,547 | – | 703.5 | 14.2% | 0.0% | 2.95 | 0.0% | minus 15.3% |
| UPLUPL | 534.90 | plus 1.60% | 45,214 | 23.9 | 6.0 | 9.9% | 20.0% | 0.83 | −1.2% | minus 28.0% |
| PIINDPI Industries | 1,735.00 | minus 1.98% | 26,321 | 30.0 | 13.1 | 14.7% | 24.2% | 0.03 | 1.1% | minus 51.9% |
| SUMICHEMSumitomo Chemical India | 328.95 | plus 0.34% | 16,419 | 29.4 | 21.0 | 21.0% | 20.3% | 0.02 | −2.6% | minus 34.4% |
| CHAMBLFERTChambal Fertilizers & Chemicals | 384.70 | minus 0.91% | 15,413 | 8.1 | 5.7 | 21.8% | 13.7% | 0.16 | −9.2% | minus 19.4% |
| BAYERCROPBayer Cropscience | 3,316.30 | plus 0.48% | 14,904 | 20.0 | 15.4 | 27.9% | 16.0% | 0.03 | 3.6% | minus 31.7% |
| IPLIndia Pesticides | 116.18 | plus 0.19% | 1,338 | 12.4 | – | – | 15.8% | 0.11 | – | minus 37.4% |
| Median of 7 peers | – | −0.91% | 26,321 | 26.6 | 15.4 | 20.9% | 16.0% | 0.11 | 0.0% | −28.0% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 275 | 290 | 225 | 266 | 252 | |
| 230 | 242 | 188 | 225 | 216 | |
| 45.2 | 48.8 | 37.7 | 41.8 | 35.5 | |
| 16.4% | 16.8% | 16.7% | 15.7% | 14.1% | |
| 8.9 | 4.8 | 3.2 | 4.1 | 4 | |
| 1.9 | 1.2 | 1.4 | 2.9 | 2.8 | |
| 5.2 | 5.4 | 5.5 | 5.2 | 5.9 | |
| 47.1 | 47 | 33.9 | 37.9 | 30.9 | |
| 25.8% | 32.7% | 33.1% | 19.1% | 26.2% | |
| 34.9 | 31.6 | 22.7 | 30.6 | 22.7 | |
| 3.03 | 2.74 | 1.97 | 2.66 | 1.98 |
Profit & loss
- Sales CAGR 3Y
- +6.2%
- Profit CAGR 3Y
- −5.8%
- EPS CAGR 3Y
- −5.8%
- ROE
- 12.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 882 | 679 | 827 | 1,055 | |
| – | minus 23.1% | +21.8% | +27.6% | |
| 684 | 591 | 706 | 880 | |
| 197 | 87.1 | 121 | 175 | |
| 22.4% | 12.8% | 14.6% | 16.6% | |
| 11.3 | 12.3 | 13.1 | 15 | |
| 5.5 | 3.5 | 3.9 | 6 | |
| 11.4 | 15.1 | 18.2 | 21.3 | |
| −0.2 | 1.5 | −0.4 | 2.7 | |
| 192 | 82.3 | 111 | 166 | |
| 25.3% | 26.9% | 26.2% | 27.7% | |
| 143 | 60.2 | 82.2 | 120 | |
| – | minus 58.0% | +36.6% | +45.8% | |
| 12.44 | 5.24 | 7.14 | 10.40 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.5 | 11.5 | 11.5 | 11.5 | |
| 762 | 813 | 887 | 998 | |
| 12.8 | 25.6 | 60 | 110 | |
| 135 | 151 | 184 | 217 | |
| 921 | 1,002 | 1,143 | 1,337 | |
| 282 | 344 | 386 | 456 | |
| 33.6 | 65.4 | 58.7 | 69.6 | |
| 50.4 | 43.8 | 22.5 | 20.1 | |
| 31.5 | 90.4 | 12.4 | 18.3 | |
| 524 | 458 | 663 | 772 | |
| 921 | 1,002 | 1,143 | 1,337 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 45.5 | 115 | 3.1 | 61.5 | |
| −24.3 | −120 | −20 | −82.8 | |
| −24.9 | 2.8 | 18.9 | 36.2 | |
| −3.7 | −2.2 | 2 | 14.9 | |
| −76 | −77.1 | −64.2 | −91.4 | |
| −30.5 | 37.5 | −61.1 | −29.8 | |
| −8.6 | −8.6 | −8.6 | −8.6 |
Shareholding pattern
- Promoters63.65%
- Public36.35%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 63.65% | 36.35% | 0.00 | |
| 30 Jun 2026 | 63.65% | 36.35% | 0.00 | |
| 31 Mar 2026 | 63.65% | 36.35% | 0.00 | |
| 31 Dec 2025 | 63.65% | 36.35% | 0.00 | |
| 30 Sep 2025 | 63.65% | 36.35% | – |
Major shareholders
Filings & events
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