Insecticides India Ltd

Insecticides India Ltd

₹ 607 0.30%
15 Jan 2:17 p.m.
About

Insecticides India is into manufacturing of agrochemicals (technicals and formulations) and biological and household products. They cater to Indian market where they directly sell to the end consumer and also sell technicals and formulations to the companies who are in the business of formulation. They also export to 30 countries with more than 100 customers through registrations. IIL has more than 75 registrations so far.[1]

Key Points

Product Offerings
The company is one of India’s leading crop protection and Nutrition companies, with a portfolio of 20+ technical products and 125 formulation products, including Insecticides, Herbicides, Fungicides, and Biological and PGR products, under brands like Tractor, Green Label, Pulsor, Hakama, and others. Its premium portfolio includes 11 Focused Maharatna products and 33 Maharatna under brands like Hercules, Lethal, Hachiman, Shinwa, etc. [1] [2] [3] [4]

  • Market Cap 1,797 Cr.
  • Current Price 607
  • High / Low 1,085 / 460
  • Stock P/E 13.8
  • Book Value 378
  • Dividend Yield 0.50 %
  • ROCE 13.0 %
  • ROE 10.5 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • The company has delivered a poor sales growth of 10.5% over past five years.
  • Company has a low return on equity of 10.1% over last 3 years.
  • Dividend payout has been low at 9.41% of profits over last 3 years

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
444 314 278 561 582 357 302 640 696 358 272 657 627
380 295 244 502 514 333 331 594 614 332 264 585 538
Operating Profit 64 19 34 58 68 23 -29 46 82 26 9 72 90
OPM % 14% 6% 12% 10% 12% 7% -9% 7% 12% 7% 3% 11% 14%
-0 1 2 1 0 0 0 4 0 1 5 3 2
Interest 2 2 1 1 3 5 4 3 3 3 2 2 2
Depreciation 6 7 7 7 6 6 7 7 7 7 8 7 7
Profit before tax 56 11 28 51 60 12 -39 40 72 17 4 65 82
Tax % 25% 25% 20% 25% 25% 25% -25% 26% 26% 28% -106% 25% 25%
42 8 22 38 45 9 -29 29 53 12 8 49 61
EPS in Rs 14.15 2.79 7.54 12.94 15.15 3.17 -9.90 9.85 17.96 4.16 2.62 16.56 20.78
Raw PDF
Upcoming result date: 10 February 2025

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
175 240 893 906 994 1,073 1,194 1,363 1,420 1,504 1,801 1,966 1,914
157 211 782 814 882 925 1,006 1,207 1,268 1,333 1,679 1,804 1,718
Operating Profit 18 28 111 92 112 148 188 156 153 171 122 163 196
OPM % 10% 12% 12% 10% 11% 14% 16% 11% 11% 11% 7% 8% 10%
2 1 0 0 7 3 1 3 -2 3 1 10 10
Interest 2 4 33 26 20 16 15 24 7 7 13 11 8
Depreciation 1 1 15 16 16 17 20 24 25 26 26 29 29
Profit before tax 17 24 64 50 82 118 153 111 120 141 84 132 169
Tax % 15% 14% 14% 21% 27% 29% 20% 22% 21% 24% 25% 23%
14 21 55 40 60 84 123 87 94 107 63 102 131
EPS in Rs 5.03 7.34 19.24 12.77 19.26 27.19 39.62 28.04 30.29 36.29 21.36 34.59 44.12
Dividend Payout % 13% 12% 0% 10% 7% 5% 3% 10% 4% 6% 14% 9%
Compounded Sales Growth
10 Years: %
5 Years: 11%
3 Years: 11%
TTM: -4%
Compounded Profit Growth
10 Years: %
5 Years: -4%
3 Years: 0%
TTM: 109%
Stock Price CAGR
10 Years: 4%
5 Years: 10%
3 Years: 8%
1 Year: -6%
Return on Equity
10 Years: %
5 Years: 11%
3 Years: 10%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 13 13 13 21 21 21 21 21 21 20 30 30 30
Reserves 70 88 278 388 444 527 641 711 800 850 889 984 1,089
15 14 322 206 237 114 305 191 100 54 163 87 66
64 87 308 321 277 338 388 372 505 473 615 613 627
Total Liabilities 162 201 920 936 978 1,000 1,356 1,294 1,426 1,396 1,696 1,714 1,812
20 25 210 198 185 232 240 239 239 253 263 284 295
CWIP 0 1 38 51 58 17 19 39 59 91 123 142 136
Investments 18 17 3 3 11 17 12 12 14 16 17 20 20
124 159 670 684 725 735 1,084 1,004 1,115 1,037 1,294 1,268 1,360
Total Assets 162 201 920 936 978 1,000 1,356 1,294 1,426 1,396 1,696 1,714 1,812

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-11 6 -6 86 4 182 -133 242 155 135 -11 184
-25 -4 -34 -19 -14 -26 -49 -24 -113 9 -86 -43
38 -3 36 -64 9 -143 172 -159 -104 -115 80 -98
Net Cash Flow 3 -1 -4 4 -0 13 -11 59 -61 30 -17 43

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 66 50 68 84 78 80 75 86 65 70 60 55
Inventory Days 213 230 220 190 232 214 355 202 248 228 247 220
Days Payable 131 106 118 114 108 128 141 96 136 117 128 114
Cash Conversion Cycle 148 174 170 159 201 166 289 192 177 181 178 161
Working Capital Days 109 102 138 137 155 126 206 147 132 123 124 109
ROCE % 26% 27% 12% 16% 20% 21% 14% 15% 16% 10% 13%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
72.16% 72.16% 72.16% 72.16% 72.16% 72.16% 72.16% 72.16% 72.16% 72.16% 72.16% 72.30%
5.42% 6.66% 6.32% 6.27% 6.46% 6.02% 5.19% 4.41% 4.31% 4.36% 5.43% 5.13%
8.91% 10.98% 10.94% 10.94% 10.77% 10.53% 9.36% 9.12% 9.14% 9.08% 9.06% 9.24%
13.51% 10.20% 10.58% 10.64% 10.62% 11.30% 13.31% 14.32% 14.40% 14.41% 13.36% 13.34%
No. of Shareholders 15,40114,23320,22319,18916,35518,01218,86818,23219,25219,47422,48422,849

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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