Insecticides (India) Limited (IIL) announced its unaudited financial results for the quarter and six months ended September 30, 2026 through a regulatory filing to BSE Limited and National Stock Exchange of India Limited.

Consolidated Financial Performance (₹ Crores)

Q2 FY27 Performance:

  • Revenue from Operations: ₹686.31 (vs ₹637.70 in Q2 FY26, +8% YoY)
  • Gross Profit: ₹231.16 (vs ₹219.72 in Q2 FY26, +5% YoY)
  • Gross Profit Margin: 33.7% (vs 34.5% in Q2 FY26)
  • EBITDA: ₹92.44 (vs ₹89.48 in Q2 FY26, +3% YoY)
  • EBITDA Margin: 13.5% (vs 14.0% in Q2 FY26)
  • Profit After Tax: ₹56.17 (vs ₹59.11 in Q2 FY26, -5% YoY)

H1 FY27 Performance:

  • Revenue from Operations: ₹1,297.84 (vs ₹1,328.83 in H1 FY26, -2% YoY)
  • Gross Profit: ₹424.32 (vs ₹421.37 in H1 FY26, +1% YoY)
  • Gross Profit Margin: 32.7% (vs 31.7% in H1 FY26)
  • EBITDA: ₹160.05 (vs ₹174.06 in H1 FY26, -8% YoY)
  • EBITDA Margin: 12.3% (vs 13.1% in H1 FY26)
  • Profit After Tax: ₹100.04 (vs ₹117.21 in H1 FY26, -15% YoY)

Key Operational Highlights

  • Working Capital: Working capital days increased to 158 days in H1 FY27 from 151 days in H1 FY26
  • New Product Launches: Launched 2 new products - Granuvia and Spinoace - through international collaborations in H1 FY27
  • Manufacturing Investments: Continued investments in manufacturing capabilities at Sotanala and Dahej facilities with focus on capacity expansion, backward integration, and enhancing manufacturing capabilities
  • Farmer Engagement: Conducted over 18,000 farmer meetings, 9,000 field days and demonstrations, and connected with 10 lakh farmers through direct field activities during H1 FY27
  • IIL Crop Solutions Program: Expanded to 16 states across four key crops

Management Commentary

Mr. Rajesh Kumar Aggarwal, MD, commented that the first half witnessed weather-related disruptions across key agricultural regions. The company remained focused on strengthening long-term growth strategy through:

  • Premiumisation and operating efficiencies supporting margin consistency
  • Transition toward farmer-led demand generation model
  • KAEROS platform gaining traction for distribution footprint expansion
  • Crop-based approach offering end-to-end solutions covering major crops in India
  • Focus on internal priorities, profitable growth, and cash flow generation improvement

Investor Relations Contact

MUFG Intime India Private Limited handles investor relations through Mr. Nikunj Seth and Ms. Sejal Bhattar.

Disclosure Context

This is a regulatory disclosure under Listing Regulations containing unaudited financial results for the second quarter and half year ended September 30, 2026.