Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 202 | 151 | 126 | 220 | 229 | 172 | 207 | 275 | 290 | 225 | 266 | 252 |
| Expenses | 175 | 118 | 122 | 192 | 195 | 146 | 176 | 230 | 242 | 188 | 225 | 216 |
| Operating Profit | 27 | 33 | 4 | 28 | 34 | 27 | 32 | 45 | 49 | 38 | 42 | 35 |
| OPM % | 13% | 22% | 3.0% | 13% | 15% | 15% | 15% | 16% | 17% | 17% | 16% | 14% |
| Other Income | 4 | 4 | 4 | 4 | 5 | 3 | 3 | 9 | 5 | 3 | 4 | 4 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 3 | 3 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 5 | 6 |
| Profit before tax | 27 | 32 | 2 | 27 | 34 | 23 | 29 | 47 | 47 | 34 | 38 | 31 |
| Tax % | 26% | 26% | 47% | 27% | 23% | 31% | 25% | 26% | 33% | 33% | 19% | 26% |
| Net Profit | 20 | 24 | 1 | 19 | 26 | 16 | 22 | 35 | 32 | 23 | 31 | 23 |
| EPS in Rs | 1.69 | 2.08 | 0.09 | 1.69 | 2.25 | 1.40 | 1.89 | 3.03 | 2.74 | 1.97 | 2.66 | 1.97 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 649 | 716 | 885 | 680 | 829 | 1,057 | 1,034 |
| Expenses | 466 | 502 | 688 | 594 | 709 | 884 | 870 |
| Operating Profit | 183 | 214 | 197 | 87 | 120 | 174 | 164 |
| OPM % | 28% | 30% | 22% | 13% | 14% | 16% | 16% |
| Other Income | 6 | 13 | 13 | 15 | 15 | 21 | 16 |
| Interest | 3 | 7 | 7 | 4 | 5 | 7 | 8 |
| Depreciation | 6 | 9 | 11 | 15 | 18 | 21 | 22 |
| Profit before tax | 180 | 212 | 192 | 82 | 111 | 166 | 150 |
| Tax % | 25% | 25% | 25% | 27% | 26% | 28% | |
| Net Profit | 135 | 158 | 143 | 60 | 82 | 120 | 108 |
| EPS in Rs | 12.03 | 13.72 | 12.44 | 5.22 | 7.14 | 10.40 | 9.34 |
| Dividend Payout % | 3% | 5% | 6% | 14% | 11% | 7% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 10% | 6% | 17% | ||
| Compounded Profit Growth | % | -2% | -6% | 9% | ||
| Stock Price CAGR | % | -16% | -23% | -36% | ||
| Return on Equity | % | 15% | 10% | 13% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 11 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 378 | 626 | 762 | 813 | 887 | 998 |
| Borrowings | 30 | 23 | 13 | 26 | 60 | 110 |
| Other Liabilities | 97 | 131 | 135 | 151 | 183 | 215 |
| Total Liabilities | 517 | 792 | 921 | 1,001 | 1,142 | 1,336 |
| Fixed Assets | 124 | 174 | 248 | 279 | 328 | 388 |
| CWIP | 12 | 44 | 27 | 58 | 58 | 68 |
| Investments | 9 | 17 | 12 | 12 | 15 | 19 |
| Other Assets | 372 | 557 | 633 | 651 | 741 | 861 |
| Total Assets | 517 | 792 | 921 | 1,001 | 1,142 | 1,336 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 83 | 76 | 45 | 115 | 3 | 62 |
| Cash from Investing Activity | -83 | -133 | -24 | -120 | -20 | -83 |
| Cash from Financing Activity | -4 | 71 | -25 | 3 | 19 | -76 |
| Net Cash Flow | -4 | 14 | -4 | -2 | 2 | -97 |
| Free Cash Flow | 41 | -6 | -30 | 38 | -61 | -30 |
| CFO/OP | 70% | 61% | 47% | 157% | 22% | 59% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 120 | 126 | 108 | 128 | 152 | 124 |
| Inventory Days | 88 | 163 | 175 | 202 | 205 | 191 |
| Days Payable | 92 | 110 | 80 | 92 | 99 | 92 |
| Cash Conversion Cycle | 116 | 179 | 203 | 238 | 257 | 224 |
| Working Capital Days | 120 | 158 | 164 | 185 | 179 | 161 |
| ROCE % | 40% | 27% | 11% | 13% | 17% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 63.61% | 63.61% | 63.61% | 63.61% | 63.61% | 63.61% | 63.62% | 63.62% | 63.65% | 63.65% | 63.65% | 63.65% |
| FIIs | 0.33% | 1.63% | 2.40% | 0.26% | 0.32% | 1.75% | 1.84% | 2.52% | 2.78% | 1.88% | 1.87% | 0.20% |
| DIIs | 1.70% | 1.59% | 0.04% | 0.04% | 0.05% | 0.06% | 0.00% | 0.00% | 0.02% | 0.03% | 0.02% | 0.02% |
| Public | 34.38% | 33.17% | 33.95% | 36.10% | 36.01% | 34.59% | 34.55% | 33.85% | 33.54% | 34.43% | 34.46% | 36.14% |
| No. of Shareholders | 1,17,095 | 98,758 | 95,758 | 99,882 | 1,05,600 | 1,07,461 | 1,06,974 | 1,00,628 | 95,314 | 95,456 | 93,551 | 94,075 |
Fundamentals
Market Cap₹ 1,533 Cr.
Current Price₹ 133
Stock P/E14.2
Book Value₹ 87.7
ROCE16.6 %
ROE12.5 %
Dividend Yield0.56 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)9%
Consolidated figures.
Valuation
Market capRs 1,505 Cr
Enterprise valueRs 1,422 Cr
P/E (TTM)13.98x
Price to book2.36x
Price to sales1.46x
EV / EBITDA7.90x
EV / EBIT9.00x
EV / sales1.37x
Price to cash flow19.85x
Earnings yield7.16%
Dividend yield0.57%
Profitability
Operating margin (excl. other income)29.85%
Operating margin (incl. other income)31.69%
EBITDA margin17.39%
Pre-tax margin14.47%
Net profit margin10.41%
Net margin, latest quarter9.03%
ROE30.75%
ROCE40.41%
ROA24.13%
ROIC (approx.)21.26%
Tax rate25.35%
Other income / net worth2.06%
Growth
Sales growth (latest year)10.35%
Profit growth (latest year)17.43%
Sales growth QoQ-5.53%
Profit growth QoQ-25.78%
Sales growth YoY (latest quarter)-8.51%
Profit growth YoY (latest quarter)-34.82%
Per share
EPS (TTM)Rs 9.35
EPS (latest year)Rs 13.72
EPS (latest quarter)Rs 1.97
Book value per shareRs 55.39
Sales per shareRs 89.79
Cash flow per shareRs 6.58
Free cash flow per shareRs -2.60
Dividend per share (latest year)Rs 0.75
Dividends
Dividend payout5.47%
Efficiency
Asset turnover0.90x
Fixed asset turnover4.12x
Inventory turnover2.97x
Inventory days123 days
Debtor days126 days
Debtors turnover2.89x
Creditor days92 days
Cash conversion cycle224 days
Working capital days161 days
Leverage
Total debtRs 23 Cr
Cash and bankRs 107 Cr
Net debtRs -83 Cr
Debt to equity0.04x
Net debt / EBITDA-0.46x
Interest coverage19.05x
Current ratio (filing 2026-03-31)3.19x
Quick ratio (filing 2026-03-31)2.11x
Trade payables (filing 2026-03-31)Rs 138 Cr
Owners' fund to total sources80.55%
Debt to assets2.95%
Cash flow
Cash from Operating Activity (latest year)Rs 76 Cr
Cash from Investing Activity (latest year)Rs -133 Cr
Cash from Financing Activity (latest year)Rs 71 Cr
Net Cash Flow (latest year)Rs 14 Cr
Free cash flow (latest year)Rs -30 Cr
FCFE (approx.: FCF + change in debt)Rs -37 Cr
Cash from ops / profit, 5 years0.53x
Sales to cash flow9.45x
Statement figures
Net sales (TTM)Rs 1,034 Cr
Net sales (latest year)Rs 716 Cr
Sales (latest quarter)Rs 252 Cr
Operating profit excl. other income (latest year)Rs 214 Cr
Operating profit (latest quarter)Rs 35 Cr
Other income (TTM)Rs 16 Cr
EBITDA (TTM)Rs 180 Cr
PBDT (TTM)Rs 172 Cr
Profit before tax (TTM)Rs 150 Cr
Tax (latest year)Rs 54 Cr
Net profit (TTM)Rs 108 Cr
Net profit (latest year)Rs 158 Cr
Net profit (latest quarter)Rs 23 Cr
Depreciation (TTM)Rs 22 Cr
Depreciation (latest quarter)Rs 6 Cr
Interest (TTM)Rs 8 Cr
Cost of goods sold (latest year)Rs 415 Cr
Total expenditure (latest year)Rs 502 Cr
Total income (latest year)Rs 729 Cr
Share capitalRs 12 Cr
ReservesRs 626 Cr
Shareholders' fundsRs 638 Cr
Total assetsRs 792 Cr
Net blockRs 174 Cr
Capital work in progressRs 44 Cr
InvestmentsRs 17 Cr
ReceivablesRs 248 Cr
InventoryRs 140 Cr
Other liabilitiesRs 131 Cr
Shares outstanding (crore)11.52
Ownership
Promoter holding63.65% (+0.03 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | IPL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.1% | -2.8% | +1.7 pts |
| 1 month | -5.5% | -6.8% | +1.3 pts |
| 3 months | -20.3% | -7.6% | -12.7 pts |
| 6 months | +4.2% | +0.4% | +3.8 pts |
| 1 year | -39.3% | -9.9% | -29.4 pts |
| 2 years | -37.8% | -13.6% | -24.2 pts |
| 3 years | -55.7% | +14.2% | -69.9 pts |
| 5 years | -57.7% | +27.9% | -85.5 pts |
1 mutual fund schemes hold about ₹0 Cr.
Over three months 0 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Motilal Oswal BSE 1000 Index Fund | 0.00% | 0 |
Red flags
F-score 4 of 8| explain | High accruals Profit exceeded operating cash by 10% of total assets in 2026 |
| look | Inventory outrunning sales Inventory grew 99% vs sales +10% in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹252 Cr -8.4% vs Jun 2025.
Net profit ₹23 Cr -34.3%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| UPL Ltd | 45,402 | 23.0 | 10.1 % |
| P I Industries Ltd | 34,725 | 32.2 | 15.0 % |
| Sumitomo Chemical India Ltd | 21,521 | 37.7 | 23.5 % |
| Bayer CropScience Ltd | 16,191 | 22.1 | 29.1 % |
| Sharda Cropchem Ltd | 6,509 | 10.4 | 30.2 % |
| Dhanuka Agritech Ltd | 4,148 | 15.5 | 23.8 % |
| Rallis India Ltd | 3,882 | 17.0 | 14.1 % |
| Bhagiradha Chemicals & Industries Ltd | 3,128 | 114 | 4.53 % |
| NACL Industries Ltd | 3,101 | 120 | 8.13 % |
| GSP Crop Science Ltd | 2,198 | 21.0 | 18.9 % |
| Insecticides India Ltd | 1,706 | 13.6 | 15.8 % |
| Bharat Rasayan Ltd | 1,673 | 12.0 | 16.1 % |
| Astec Lifesciences Ltd | 1,552 | -5.44 % | |
| Meghmani Organics Ltd | 1,458 | 22.7 | 6.71 % |
| Punjab Chemicals & Crop Protection Ltd | 1,283 | 19.2 | 18.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-08-24 | Dividend - Re 0.75 Per Share | |
| 2025-08-12 | Dividend - Re 0.75 Per Share | |
| 2024-08-12 | Annual General Meeting/Dividend - Re 0.75 Per Share | |
| 2023-08-17 | Annual General Meeting/Dividend - Re 0.75 Per Share | |
| 2022-08-11 | Annual General Meeting/Dividend - Rs 0.75 Per Share |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of India Pesticides Ltd?
India Pesticides Ltd (IPL) has a market capitalisation of Rs 1,533 Cr. at the 2026-10-01 close.
What is the P/E ratio of India Pesticides Ltd?
India Pesticides Ltd trades at a P/E of 14.2 on trailing twelve-month profit, at the 2026-10-01 close.
What were India Pesticides Ltd's latest quarterly results?
In the Jun 2026 quarter, India Pesticides Ltd sales was Rs 252 Cr (-8.4% vs Jun 2025) and net profit was Rs 23 Cr.
What is the 52-week high and low of India Pesticides Ltd?
The 52-week high is Rs 213.96 and the 52-week low is Rs 125.00.