India Pesticides Ltd

India Pesticides Ltd

₹ 181 0.08%
22 Nov 10:04 a.m.
About

India Pesticides Limited is one of the globally operating agro-chemical manufactures in India, since 1984. The company is the sole Indian manufacturer and among the top five manufacturers globally for several Technicals, such as Folpet, Thiocarbamate Herbicide, and several other products [1]

Key Points

Leading pesticides company [1]
An R&D-driven chemical manufacturer of agrochem technical, APIs, and formulation business.

  • Market Cap 2,084 Cr.
  • Current Price 181
  • High / Low 432 / 174
  • Stock P/E 29.6
  • Book Value 74.9
  • Dividend Yield 0.41 %
  • ROCE 10.6 %
  • ROE 7.52 %
  • Face Value 1.00

Pros

  • Company is almost debt free.

Cons

* 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.

Loading peers table ...

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
178 190 177 218 251 218 198 201 202 151 126 220 229
124 129 135 163 198 171 156 179 175 118 122 192 195
Operating Profit 55 61 42 56 53 47 42 23 27 33 4 28 34
OPM % 31% 32% 24% 26% 21% 21% 21% 11% 13% 22% 3% 13% 15%
4 1 4 3 2 5 3 3 4 4 4 4 5
Interest 0 1 4 2 2 2 2 1 1 1 1 1 1
Depreciation 2 2 3 2 3 3 3 4 4 4 4 4 4
Profit before tax 56 59 40 55 50 46 40 21 27 32 2 27 34
Tax % 25% 27% 23% 25% 26% 25% 26% 27% 26% 26% 47% 27% 23%
42 43 31 41 37 35 30 16 20 24 1 19 26
EPS in Rs 3.65 3.75 2.66 3.57 3.23 3.02 2.60 1.35 1.69 2.08 0.09 1.69 2.25
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
649 716 885 680 726
466 502 688 594 628
Operating Profit 183 214 197 87 99
OPM % 28% 30% 22% 13% 14%
6 13 13 15 17
Interest 3 7 7 4 4
Depreciation 6 9 11 15 16
Profit before tax 180 212 192 82 95
Tax % 25% 25% 25% 27%
135 158 143 60 70
EPS in Rs 12.03 13.72 12.44 5.22 6.11
Dividend Payout % 3% 5% 6% 14%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 2%
TTM: -11%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -24%
TTM: -29%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -16%
1 Year: -37%
Return on Equity
10 Years: %
5 Years: %
3 Years: 18%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 11 12 12 12 12
Reserves 378 626 762 813 851
30 23 13 26 22
97 131 135 151 238
Total Liabilities 517 792 921 1,001 1,123
124 174 248 279 320
CWIP 12 44 27 58 42
Investments 9 17 12 12 16
372 557 633 651 745
Total Assets 517 792 921 1,001 1,123

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
83 76 45 115
-83 -133 -24 -120
-4 71 -25 3
Net Cash Flow -4 14 -4 -2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 120 126 108 128
Inventory Days 88 163 175 202
Days Payable 92 110 80 92
Cash Conversion Cycle 116 179 203 238
Working Capital Days 132 164 165 192
ROCE % 40% 27% 11%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
66.17% 66.56% 66.76% 67.20% 67.20% 67.20% 67.20% 63.61% 63.61% 63.61% 63.61% 63.61%
2.26% 2.20% 2.11% 0.62% 0.52% 0.45% 0.39% 0.33% 1.63% 2.40% 0.26% 0.32%
1.13% 1.06% 1.07% 1.59% 1.59% 1.81% 1.81% 1.70% 1.59% 0.04% 0.04% 0.05%
30.44% 30.17% 30.05% 30.60% 30.69% 30.55% 30.61% 34.38% 33.17% 33.95% 36.10% 36.01%
No. of Shareholders 1,51,6331,38,3661,35,5051,31,5801,30,4171,29,2551,27,1841,17,09598,75895,75899,8821,05,600

* 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

Concalls