India Pesticides Ltd. (IPL) AI Stock Analysis

• Market Cap: ₹22.15B
• Dividend Yield: 0.39%
• Average Volume (3M): 35.40K
• Price to Earnings (P/E): 22.4
• Beta (1Y): 2.29
• Revenue Growth: 26.32%
• EPS Growth: 54.09%
• Country: IN
• Employees: 949
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Agricultural Inputs
• EPS (TTM): 3.03
• Shares Outstanding: 115,163,506
• 10 Day Avg. Volume: 16,534
• 30 Day Avg. Volume: 35,396
• PEG Ratio: 0.54
• Price to Book (P/B): 1.79
• Price to Sales (P/S): 1.94
• P/FCF Ratio: -28.45
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹214.00
• Price Target Upside: 11.28% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 56 Neutral
• Price Target: ₹214.00 ▲(11.28% Upside)

India Pesticides Ltd. has strong financial performance with growth potential, but faces challenges with cash flow and declining return on equity. Technical indicators suggest bearish momentum, and the valuation is moderate with a low dividend yield. These factors collectively result in a cautious outlook.

India Pesticides Ltd. Business Overview & Revenue Model

Company Description

India Pesticides Limited operates as an agro-chemical company in India. The company engages in the manufacture, sale, and distribution of fungicides, herbicides, insecticides, and various agrochemical products, as well as active pharmaceutical ingredients for use in pharmaceutical drugs. It also exports its products to Australia Europe, Africa, and Asia. The company was incorporated in 1984 and is headquartered in Lucknow, India.

How the Company Makes Money

India Pesticides Ltd. generates revenue primarily through the sale of its agrochemical products. The company manufactures and sells a variety of pesticides such as herbicides, insecticides, and fungicides to farmers, agricultural distributors, and cooperatives. Its revenue streams are diversified across domestic sales in India and international exports, allowing it to tap into both regional and global markets. The company may also engage in strategic partnerships and collaborations with research institutions and other agrochemical firms to expand its product offerings and leverage new technologies, thereby contributing to its earnings. Additionally, IPL's focus on innovation and development of new formulations helps maintain its competitive edge and drive sales growth.

India Pesticides Ltd. Financial Statement Overview

Summary

India Pesticides Ltd. demonstrates strong growth potential with increasing revenues and solid operational margins. The balance sheet is stable with low leverage, though the decreasing return on equity warrants attention. Cash flow challenges due to capital expenditures should be monitored to ensure liquidity is maintained.

Income Statement

India Pesticides Ltd. has shown strong revenue growth with a notable increase from the previous year, reflecting a positive trajectory. The gross profit margin and EBIT margin remain robust, indicating strong operational efficiency. However, the net profit margin has slightly decreased, which could be a point of concern if it continues.

Balance Sheet

The company maintains a solid equity base, reflected in a strong equity ratio, indicating stability. The debt-to-equity ratio is low, suggesting prudent leverage management. However, the return on equity has decreased, which may indicate less efficient use of equity capital.

Cash Flow

While the operating cash flow is positive, the company has experienced negative free cash flow due to high capital expenditures, which could be a risk if this trend continues. The operating cash flow to net income ratio suggests a challenging cash conversion cycle.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.83B	8.29B	6.79B	8.85B	7.09B	6.43B
Gross Profit	3.68B	2.98B	1.19B	4.00B	3.55B	3.39B
EBITDA	1.57B	1.34B	1.02B	2.10B	2.27B	1.90B
Net Income	986.60M	821.80M	601.70M	1.43B	1.58B	1.35B
Balance Sheet
Total Assets	0.00	11.43B	10.02B	9.21B	7.92B	5.17B
Cash, Cash Equivalents and Short-Term Investments	698.00M	698.00M	904.50M	314.70M	186.86M	437.41M
Total Debt	0.00	600.20M	255.90M	127.45M	233.58M	304.11M
Total Liabilities	-8.99B	2.44B	1.76B	1.48B	1.54B	1.28B
Stockholders Equity	8.99B	8.98B	8.25B	7.73B	6.38B	3.89B
Cash Flow
Free Cash Flow	0.00	-566.40M	374.50M	-306.20M	-62.03M	413.61M
Operating Cash Flow	0.00	75.10M	1.15B	453.70M	758.17M	832.76M
Investing Cash Flow	0.00	-78.60M	-1.20B	-242.52M	-1.33B	-832.20M
Financing Cash Flow	0.00	229.10M	28.00M	-247.78M	711.28M	-40.85M

India Pesticides Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 192.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:IPL, the sentiment is Negative. The current price of 192.3 is below the 20-day moving average (MA) of 209.43, below the 50-day MA of 214.07, and above the 200-day MA of 181.82, indicating a neutral trend. The MACD of -5.68 indicates Positive momentum. The RSI at 30.01 is Neutral, neither overbought nor oversold. The STOCH value of 18.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:IPL.

India Pesticides Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FCL	72 Outperform	₹28.04B	26.92	―	0.65%	-8.66%	-17.79%
SHREEPUSHK	67 Neutral	₹13.00B	19.46	―	0.50%	16.35%	55.49%
BHAGERIA	66 Neutral	₹7.55B	16.51	―	0.87%	33.39%	85.08%
PUNJABCHEM	64 Neutral	₹16.48B	35.73	―	0.22%	9.24%	2.10%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
IPL	56 Neutral	₹22.15B	22.45	―	0.39%	26.32%	54.09%
TIRUMALCHM	47 Neutral	₹28.26B	―	―	0.36%	-8.05%	-150.62%

India Pesticides Ltd. Corporate Events

India Pesticides Limited Releases Q1 FY26 Earnings Call Transcript

India Pesticides Limited has released the transcript of its earnings call for the quarter ending June 30, 2025. The call, which discussed the company’s unaudited standalone and consolidated financial results, was held on August 11, 2025. This release is part of the company’s compliance with SEBI regulations and is available on their website. The announcement is significant for stakeholders as it provides insights into the company’s financial performance and strategic direction.