India Pesticides Limited – Investor Presentation Summary

Key Operational Highlights

  • Manufacturing capacity of 28,800 MTPA for Technicals and 11,000 MTPA for Formulations as of 30th September 2026
  • Sandila facility capacity: 26,100 MTPA Technicals, 3,500 MTPA Formulations (Herbicides)
  • Hamirpur facility: 600 MTPA Technicals, 1,000 MTPA Formulations (Insecticides) with 2 out of 10 blocks operational
  • 405 sales team operating across 18 states and 6 zonal offices in India
  • 24 depots across India
  • Exports consistently represent approximately 40% of revenues
  • Longstanding relationships with 60+ international customers including Multinational customers

Key drivers of operational performance: Geopolitical uncertainty, softer overseas demand, volatility in key raw material prices, deficient and erratic rainfall across several agricultural states disrupting cropping cycles and reducing herbicide application

Financial Highlights

Q2 FY2027 Performance:

  • Revenue from Operations: ₹231 crore (21.6% decrease YoY)
  • Gross Profit: ₹117 crore (11.2% decrease YoY)
  • Gross Profit Margin: 50.5%
  • EBITDA: ₹33 crore (38.0% decrease YoY)
  • EBITDA Margin: 14.4%
  • EBIT: ₹27 crore (43.6% decrease YoY)
  • EBIT Margin: 11.8%
  • PAT: ₹18 crore (41.7% decrease YoY)
  • PAT Margin: 8.0%
  • EPS: ₹1.60 (41.6% decrease YoY)

H1 FY2027 Performance:

  • Revenue from Operations: ₹487 crore (15.9% decrease YoY)
  • Gross Profit: ₹244 crore (5.8% decrease YoY)
  • EBITDA: ₹73 crore (32.5% decrease YoY)
  • EBITDA Margin: 14.9%
  • EBIT: ₹61 crore (37.4% decrease YoY)
  • EBIT Margin: 12.5%
  • PAT: ₹41 crore (38.1% decrease YoY)
  • PAT Margin: 8.5%
  • EPS: ₹3.57 (38.2% decrease YoY)

Drivers of financial performance: Lower sales, higher employee expenses, raw material price volatility

Segment-wise Performance

Q2 FY2027 Revenue Break-up:

  • Technicals + APIs constitute 51% of revenue during Q2 FY2027

Liquidity Profile

  • Cash & Bank Balance including Long term deposit: ₹102 crore (as of 30th Sep 2026)
  • Investments: ₹20 crore (as of 30th Sep 2026)
  • Borrowings: ₹85 crore (as of 30th Sep 2026)
  • Net Cash: ₹36 crore (as of 30th Sep 2026)
  • Total Equity: ₹1,043 crore (as of 30th Sep 2026)
  • Cash From Operations: ₹48 crore (as of 30th Sep 2026)

Capex & Cash Flow Health

  • Strong cash flow generation to support expansion initiatives
  • Strong net cash position with improvement in cash flow generation

Strategic & R&D Initiatives

  • Received Technical Equivalence approval for one insecticide product in the United Kingdom
  • Received registration for one herbicide product in Argentina
  • Backward integration of key intermediates to reduce reliance on imports and improve cost efficiencies
  • In-house R&D with DSIR-recognized laboratories focused on process innovation and cost optimization
  • Developed strong capabilities in process development from laboratory scale to commercial manufacturing scale
  • Commissioned an intermediate plant based on in-house Indigenous R&D Technology in 2024

Management Commentary & Growth Outlook

Strategic Outlook: "Our vision is to build a more diversified, globally competitive agrochemical business, supported by R&D, integrated manufacturing and trusted customer relationships. We continue to prioritise process optimisation, backward integration and the development of differentiated molecules and intermediates."

Growth Outlook: The company has received good export orders for the coming quarter. Will pursue product registrations in regulated markets, deepen customer engagement and strengthen manufacturing capabilities.

ESG Updates

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 10002:2018

Environmental Initiatives:

  • 6,62,759 GJ Renewable Energy Consumed
  • 841.97 MT Recycling Waste
  • 2,73,676.34 KL Amount of Water Withdrawn
  • 35,492.4 MTCO2e Amount of GHG Emission
  • Green belt through Miyawaki, Utilization of Bio-Mass, Usage of 6 MW Solar Power supply at Sandila Unit

Social Initiatives:

  • 0.64% Female Workforce Gender Composition
  • 100% Number of Trained Staff
  • 18.18% Gross Salary Paid to Female Workforce
  • Nil Complaints reported under Sexual Harassment
  • Rs. 2.6 Crore Community Investment Policy
  • 99.38% Employee Performance Reviews
  • Equipped 10+ educational institutions with Solar Panels, 9 villages with 108+ Solar streetlights, Govt. Hospitals with equipment

Governance:

  • 33.33% Independent Board of Directors
  • 11.11% Female Board Composition
  • Nil Penalty Disclosures
  • Nil Number of Data Breach Incidents