India Pesticides Ltd. (IPL) AI Stock Analysis

India Pesticides Ltd.

(NSE:IPL)

Select Model

Rating:60Neutral

Price Target:INR 123.00▲(5.01% Upside)

Action:reiterated

Date:08/26/26

Strong balance sheet and recovering financial performance are offset by bearish technical indicators and cash flow volatility, resulting in a moderate overall score.

Positive Factors

Conservative LeverageVery low leverage gives India Pesticides financial resilience across agricultural and pricing cycles. A stronger equity-funded base reduces dependence on borrowing, preserves capacity to fund expansion, and provides flexibility when operating cash generation is temporarily weaker.

Negative Factors

Negative Free Cash FlowPersistent negative free cash flow indicates that accounting earnings are not currently converting into sufficient discretionary cash. This can limit internally funded growth, increase dependence on balance-sheet resources, and reduce flexibility during periods of heavier investment or working-capital use.

India Pesticides Ltd. (IPL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 14.71B
Dividend Yield: 0.67%
Average Volume (3M): 32.99K
Price to Earnings (P/E): 12.1
Beta (1Y): 1.59
Revenue Growth: 17.05%
EPS Growth: 9.10%
Country: India
Employees: 1,126
Sector: General
Sector Strength: 55
Industry: Agricultural Inputs

India Pesticides Ltd. Business Overview & Revenue Model

Company Description

India Pesticides Limited engages in the agri chemicals business in India. The company manufactures, sells, and distributes insecticides, fungicides, herbicide, and various agrochemical products, as well as active pharmaceutical ingredients for use in...

India Pesticides Ltd. Financial Statement Overview

Summary

Robust balance sheet with low leverage and equity growth to $10.1B bolsters score; recovering revenues at 22% and margins aid, yet cash flow volatility and negative FCF temper outlook.

Income Statement

65Positive

Balance Sheet

85Very Positive

Cash Flow

50Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	10.57B	10.57B	8.29B	6.79B	8.85B	7.09B
Gross Profit	4.56B	3.92B	2.98B	1.19B	4.00B	3.55B
EBITDA	1.94B	1.94B	1.34B	1.02B	2.08B	2.27B
Net Income	1.20B	1.20B	821.80M	601.70M	1.43B	1.58B
Balance Sheet
Total Assets	13.37B	13.37B	11.43B	10.02B	9.21B	7.92B
Cash, Cash Equivalents and Short-Term Investments	1.17B	1.17B	698.00M	904.50M	314.70M	186.86M
Total Debt	1.10B	1.10B	600.20M	255.90M	127.45M	233.58M
Total Liabilities	3.26B	3.26B	2.44B	1.76B	1.48B	1.54B
Stockholders Equity	10.10B	10.10B	8.98B	8.25B	7.73B	6.38B
Cash Flow
Free Cash Flow	431.60M	-288.70M	-566.40M	374.50M	-306.20M	-62.03M
Operating Cash Flow	844.10M	625.00M	75.10M	1.15B	453.70M	758.17M
Investing Cash Flow	-579.70M	-893.30M	-78.60M	-1.20B	-242.52M	-1.33B
Financing Cash Flow	-72.20M	417.60M	229.10M	28.00M	-247.78M	711.28M

India Pesticides Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price117.13

Price Trends

50DMA131.19Negative

100DMA142.46Negative

200DMA148.77Negative

Market Momentum

MACD-5.10Positive

RSI26.24Positive

STOCH21.63Neutral

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 117.13 is below the 20-day moving average (MA) of 123.93, below the 50-day MA of 131.19, and below the 200-day MA of 148.77, indicating a bearish trend. The MACD of -5.10 indicates Positive momentum. The RSI at 26.24 is Positive, neither overbought nor oversold. The STOCH value of 21.63 is Neutral, 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

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:IPL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:SHARDACROP	79Outperform	INR 59.96B	9.58	―	2.26%	18.52%	49.11%
IN:DHANUKA	73Outperform	INR 43.75B	16.48	―	0.20%	-5.63%	-11.38%
IN:RALLIS	63Neutral	INR 35.75B	18.14	―	1.63%	6.82%	11.93%
IN:IPL	60Neutral	INR 12.97B	12.05	―	0.67%	17.05%	9.10%
IN:UPL	58Neutral	INR 434.20B	21.45	―	1.17%	12.86%	72.26%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:PIIND	52Neutral	INR 316.94B	27.34	―	0.48%	-16.57%	-27.71%

* General Sector Average

Performance Comparison

IN:IPL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:IPL	India Pesticides Ltd.	117.30	-67.26	-36.44%
IN:DHANUKA	Dhanuka Agritech Limited	959.05	-354.27	-26.98%
IN:PIIND	PI Industries Limited	2188.00	-1475.50	-40.28%
IN:RALLIS	Rallis India Limited	185.05	-73.34	-28.38%
IN:SHARDACROP	Sharda Cropchem Ltd.	683.25	-114.36	-14.34%
IN:UPL	UPL Limited	516.00	-208.29	-28.76%

India Pesticides Ltd. Corporate Events

India Pesticides Closes Trading Window Ahead of September Quarter Results

Sep 26, 2026

India Pesticides Ltd. has announced the closure of its trading window for designated persons and their immediate relatives from 1 October 2026 until 48 hours after the release of unaudited financial results for the quarter and half year ended 30 Sept...

India Pesticides Wins Key Global Approvals for Insecticide, Herbicide Products

Sep 18, 2026

India Pesticides Limited has secured Technical Equivalence approval for one of its insecticide products in the United Kingdom and obtained registration for one of its herbicide products in Argentina. These clearances open access to two important over...

India Pesticides Sets Virtual AGM to Approve Results, Dividend and Director Pay Hike

Aug 5, 2026

India Pesticides Ltd. has convened its 41st Annual General Meeting for August 31, 2026, to be held via video conferencing with the registered office in Bareilly deemed as the venue. The meeting will review and adopt audited standalone and consolidate...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 26, 2026

India Pesticides Ltd. AI Stock Analysis