Agrochemicals company Insecticides (India) announced Q2FY26 results Revenue from Operations: Rs 637.70 crore against Rs 626.64 crore during Q2FY25, change 2%. EBITDA: Rs 89.48 crore against Rs 89.72 crore during Q2FY25. EBITDA Margin: 14.03% for Q2FY26. PAT: Rs 59.11 crore against Rs 61.39 crore during Q2FY25, change -4%. Rajesh Kumar Aggarwal, MD, Insecticides (India) Ltd, said: “Insecticides (India) has delivered a resilient performance in Q2 with sales growth of 2% and sustained profitability, despite challenging weather conditions. The Company proactively expanded sales and distribution efforts to stay closer to farmers, complemented by several new product introductions during H1. Persistent and wide spread rains since mid-July, led to significant crop damage across regions and limited farmers’ access to fields. Consequently, agrochemical consumption remain subdued, accompanied by higher working capital utilization. Our continued focus on innovation, premiumization, and Complete Crop Solutions has helped strengthen our brand saliency and reinforced our market presence. Our collaboration with Corteva Agriscience is a strong step towards bringing global innovations to Indian farmlands. By combining Corteva Agriscience’s advanced technology with Insecticides (India) extensive market reach, we aim to deepen our engagement with farmers through a strong portfolio of premium products. We are also pleased to welcome Mr. Devendra Kumar Ray as Chief Operating Officer of the Company. An industry veteran with over thirty five years of experience in large scale chemical manufacturing and operations management. We continue to remain focused on enhancing operational efficiency and strengthening our organisational capabilities. Both domestic and global market conditions indicate a cohesive growth environment for the industry, underpinned by firmness in raw material prices across key product categories. Looking ahead, we remain optimistic, supported by adequate soil moisture, favourable Rabi sowing prospects, and stable input pricing. With a strong product pipeline, upcoming launches, and deeper farmer engagement, we are well-positioned to drive revenue growth and sustain profit margins. Our commitment to innovation, sustainability, and value creation remains unwavering as we continue to empower India’s farmers and strengthen our leadership in the crop protection and nutrition space." Result PDF
Agrochemicals company Insecticides (India) announced Q1FY26 results Revenue from Operations: Rs 691.13 crore compared to Rs 656.69 crore during Q1FY25, change 5%. EBITDA: Rs 84.59 crore compared to Rs 72.13 crore during Q1FY25, change 17%. EBITDA Margin: 12.2% for Q1FY26. PAT: Rs 58.11 crore compared to Rs 49.37 crore during Q1FY25, change 18%. Rajesh Kumar Aggarwal, MD of Insecticides (India), said: “We are pleased to report a strong start to this season, with diverse offerings of premium products, three new product launches and effective marketing initiatives. Our continued emphasis on premiumization delivered encouraging results, leading to an improvement in profitability wherein PAT grew by 18% in Q1FY26. This performance reflects the effectiveness of our strategic framework, which emphasises sustained margin improvement, a sharper focus on premium products, and a complete crop solution provider. The business environment remained broadly favourable during the quarter. The season commenced with an early onset of the Southwest monsoon, healthy reservoir levels and visible signs of global demand recovery with stable raw material prices. Kharif season started well for certain crops like Rice, Maize, while uneven rain in certain parts impacted the sowing of other crops. We are now considered an innovative crop solution provider, wherein we are seen by the farmers as their reliable partner, engaging early from sowing till harvest. And will provide a leadership position in major crops in India. Another transformative step was IIL Crop Solution Plots. These are model fields cultivated using IIL Crop Solutions for major crops, helping farmers and channel partners to experience the benefits in terms of differences in crop health, yield, and overall productivity. During the quarter, we launched three new products, including Altair a patented pre-emergent herbicide for paddy developed by Nissan Chemical Corporation, Japan—which will be exclusively marketed by us in India. With overwhelming response to the new launches of the last few years, we are well-positioned to capitalise on emerging opportunities. Our Dahej facility has received the necessary approvals and will contribute significantly to our growth requirements and efficient operational management. Looking ahead, we remain optimistic about the season, supported by favourable tailwinds such as a strong monsoon, rising reservoir levels, and expanded crop sowing. Our growth outlook remains strong for premium products, driven by deeper farmer connections and continued expansion of our product portfolio. We are deeply committed to sustainability, innovation, and responsible growth with continued focus on delivering long-term value to our stakeholders while making a positive impact on the environment and the communities we serve. With a strong foundation and a clear strategic vision, we are confident in building a resilient and promising future for our business.” Result PDF
Agrochemicals company Insecticides (India) announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from Operations: Rs 358.92 crore in Q4FY25, showing a 32% growth compared to Rs 272.50 crore in Q4FY24. Gross Profit: Rs 131.36 crore in Q4FY25, showing a 51% growth compared to Rs 86.84 crore in Q4FY24. EBITDA: Rs 28.47 crore in Q4FY25, showing a 226% growth compared to Rs 8.73 crore in Q4FY24. EBITDA Margin (%): 7.9% in Q4FY25, compared to 3.2% in Q4FY24. Profit After Tax: Rs 13.89 crore in Q4FY25, showing an 85% growth compared to Rs 7.52 crore in Q4FY24. FY25 Financial Highlights: Revenue from Operations: Rs 1,999.95 crore in FY25, showing a 2% growth compared to Rs 1,966.39 crore in FY24. Gross Profit: Rs 640.83 crore in FY25, showing a 28% growth compared to Rs 501.36 crore in FY24. EBITDA: Rs 221.22 crore in FY25, showing a 36% growth compared to Rs 162.32 crore in FY24. EBITDA Margin (%): 11.1% in FY25, compared to 8.3% in FY24. Profit After Tax: Rs 142.02 crore in FY25, showing a 39% growth compared to Rs 102.07 crore in FY24. Commenting on the results and performance, Rajesh Kumar Aggarwal, MD of Insecticides (India) said: “We are pleased to report a robust performance of the Company, marked by strong execution and strategic discipline, resulting in a profit growth of 39% in FY25. This performance underscores the success of the strategic framework we established —centered around profitable growth, a sharper focus on premium products, and margin enhancement. The overall business environment remained favorable throughout the year. A good monsoon and healthy reservoir levels provided strong tailwinds for rural demand and agri-input consumption. Additionally, stable raw material prices and our deep farmer connect further supported steady demand across markets. Our continued focus on premiumization yielded positive results, driving an improvement in gross margins. We consciously prioritized value over volume, reflecting our long-term strategy of sustainable, profitable growth. This disciplined approach also led to an improvement in key return metrics, with both ROCE and ROE improving consistently even in FY25, a direct outcome of better product mix and efficient capital allocation. Looking ahead, we remain optimistic about the upcoming seasons. We expect continued momentum supported by favorable macro tailwinds such as a strong monsoon forecast and stable raw material prices. Our growth outlook remains intact, with expectations of expansion in premium products, stable gross profit margins, and EBITDA improvement, driven by new launches and operational efficiencies. Recently we also launched Altair, a patented pre-emergent herbicide for paddy developed by Nissan Chemical Corporation, Japan, which will be exclusively marketed by us in India. This launch is a testament of our commitment to deliver innovative and effective solutions that address the real challenges faced by Indian farmers. With a robust product pipeline and planned launches in the coming year and in recent years, we are well-positioned to capture emerging opportunities in the market. While continued investment in future majorly at Dahej capacity expansion and upgraded technical and formulation facilities at Sotanala, Rajasthan. We remain deeply committed to sustainability, innovation, and responsible growth. As we move forward, our focus stays firmly on delivering long-term value for our stakeholders, while creating a positive impact on the environment and the communities we serve. With a strong foundation and clear vision, we are confident in building a resilient, promising future for our business.” Result PDF