India Pesticides Ltd. · NSE:IPL
India Pesticides — Q2 FY2026 Earnings Presentation
33 slides from India Pesticides's earnings presentation, Nov 12, 2025
Slide 1: Exchange filing cover letter
INDIA PESTICIDES LIMITED An ISO 9001:2015, 14001:2015, 45001:2018 and 10002:2018 Company CIN No. L24112 UP1984PLC006894 GSTIN- 09AAACI3591D1ZO IPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLI
Slide 2: Q2 and H1 FY2026 Investor Presentation
INDIA PESTICIDES LIMITED Q2 and H1 FY2026 Investor Presentation November 2025 www.indiapesticideslimited.com
Slide 3: Index
INDEX Page No. 4-10 Financial Performance Page No. 12-16 Company Overview Page No. 18-21 Growth Strategies Page No. 23-24 Management Page No. 25-30 Sustainability and Key Takeaways 2
Slide 4: India Pesticides at a Glance
India Pesticides at a Glance Diversified product offerings, ability to develop client specific molecules quickly and efficiently An R&D-driven chemical manufacturer of Agrochem technical & APIs, along with 1 growing Formulation's business 2 Active Manufacturing Facility Sole Indian manufacturer and
Slide 5: Q2 and H1 FY26 Performance Highlights
Q2 and H1 FY26 Performance Highlights Management Commentary Q2 FY2026 We continued our growth momentum in Q2 FY26 with a consistent performance, reflecting our disciplined execution and strategic focus. Revenue for the quarter was at ₹295 crore, representing a 26.0% year-on-year growth, driven by st
Slide 6: Q2 FY2026 Performance Highlights
Q2 FY2026 Performance Highlights Rs in Cr. Total Income Gross Profit and Margins 282 * 295 234 127 132 105 44.8% 44.7% 44.6% Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 EBITDA and Margins PAT and Margins 52* 54 35 39 32 26 16.6% 18.3% 18.3%* 12.3% 11.1% 10.7% Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 F
Slide 7: H1 FY2026 Performance Highlights
H1 FY2026 Performance Highlights Rs in Cr. Total Income Gross Profit and Margins 579 458 259 193 42.0% 44.7% H1 FY25 H1 FY26 H1 FY25 H1 FY26 EBITDA and Margins PAT and Margins 108 67 71 45 18.6% 15.5% 11.5% 9.9% H1 FY25 H1 FY26 H1 FY25 H1 FY26 INVESTOR PRESENTATION Consolidated numbers 6 6
Slide 8: Q2 and H1 FY2026 Revenue Break-up
Q2 and H1 FY2026 Revenue Break-up Technicals + APIs constitute 66% of revenue during H1 FY2026 Rs in Cr. Technicals + API Q2 FY2026 Revenue Split 707 541 549 492 375 34% 66% FY22 FY23 FY24 FY25 H1 FY26 Technical + API Formulations Formulation 280 175 178 188 190 48% 52% FY22 FY23 FY24 FY25 H1 FY26 D
Slide 9: Q2 and H1 FY2026 Performance Summary
Q2 and H1 FY2026 Performance Summary YoY QoQ YoY (Rs. In Cr.) Q2 FY26 Q2 FY25 Q1 FY26 H1 FY26 H1 FY25 % % % Total Income 295 234 26.0% 282* 4.7% 579 458 26.4% Gross Profit 132 105 25.5% 127 3.6% 259 193 34.4% Gross Margin (%) 44.6% 44.8% 44.7% 44.7% 42.0% EBITDA 54 39 37.6% 52* 3.4% 108 71 52.1% EBI
Slide 10: Liquidity Profile
Liquidity Profile Cash & bank balances at INR 120 Cr. (Rs. in Cr.) 31st Mar 2024 31st Mar 2025 30th Sep 2025 Cash Flow from Operations (Rs. In Cr.) Cash & Bank Balance including 115 113 101 120 Long term deposit 84 Add Investment 0 0 0 Less: Borrowings 19 52 41 3 Net Cash 93 49 79 FY24 FY25 H1 FY26
Slide 11: Capital Structure
Capital Structure Debt and Equity (Rs. Cr) Debt/Equity (x) Working Capital Days 0.06 Working Capital Days 962 0.03 828 904 231 255 174 775 0.02 0.02 638 14 4 18 52 41 0.00 FY22 FY23 FY24 FY25 H1 FY26 FY22 FY23 FY24 FY25 H1 FY26 190 192 Debt Equity 152 156 128 117 99 87 89 • The Company's total debt
Slide 12: Company Overview
COMPANY OVERVIEW 11
Slide 13: Our Journey
Our Journey 2025 2024 Strengthened focus on innovation, 2023 Commissioned an advanced intermediate plant technology, and towards Backward backward Received 2021 environmental Integration of one integration to drive of the Fungicide future-readiness clearance of India Pesticides which was and started
Slide 14: Competitive Strengths
Competitive Strengths We believe in People, Process and Productivity and follow highly customer centric approach Diversified and Trusted Global Presence Quality Product In-House R&D in Customer Base Offerings India Tie-ups with top Sales network in 35+ Products comply with Capable of designing chemi
Slide 15: Customer Profile
Customer Profile Long term customer relationships developed over the years driven by quality product offerings Key Customers • Major customers include MNCs that look to collaborate with active ingredient manufacturers in India • Customer relationships are led by the ability to manufacture complex of
Slide 16: Manufacturing Facilities and Sales Network
Manufacturing Facilities and Sales Network Manufacturing Facilities Manufacturing Facilities Manufacturing Plant Technicals (MTPA) Formulations (MTPA) Presence Sales Network Dewa Road, Lucknow 2,100 6,500 R&D Centers Sandila, Hardoi 26,100 3,500 Upcoming Manufacturing Facility Total 28,200 10,000 As
Slide 17: Product Overview
Product Overview Key Technicals Category Application Prosulfocarb Herbicide Used in field crops, such as, wheat and potatoes Pretilachlor Herbicide Widely used for protecting rice crop Flufenacet Herbicide Widely used for protecting maize, wheat, potatoes & soyabeans Cymoxanil Fungicide Controls dow
Slide 18: Growth Strategies
GROWTH STRATEGIES 17
Slide 19: Investment Case
Investment Case • R&D focus led to the launch of market-leading products and the receipt of the Technical Equivalence (TEQ) certification from the EU In-house R&D and Backward Integration 1 • In-house R&D and backward integration of process and technology, with 2 in-house R&D centers • Planning to i
Slide 20: Strengths & Strategies
Strengths & Strategies Product portfolio and capacity expansion will be driving factors for growth Strengths Strategies R&D and Product Enhancing Deliberated Strong R&D and product development Portfolio Expansion Approach on ESG & HSE capabilities Diversified portfolio of niche and quality o Leverag
Slide 21: Capex Plans
Capex Plans Consistent efforts towards generating and serving future potential demand Capacity Expansion Sandila + Hamirpur Technology Upgradation Expanding the installed Budgeted Capex of Rs. Company is enhancing its capacity of Intermediate Growing ~116 Crore for FY26 Digital Technology Plant at S
Slide 22: Near Term Priorities – Action Plan
Near Term Priorities – Action Plan New niche products in • Speeding up the R&D on-going trials on new products portfolio Increasing the market • Improving capacity utilization of plants share of existing products • New customers for existing products • Continuous process innovation Process • Optimiz
Slide 23: Management
MANAGEMENT 22
Slide 24: Promotor Group and Board Members
Promotor Group and Board Members Anand Swarup Madhu Dikshit Agarwal Mohan V Tanksale Adesh K Gupta Chairperson and Director, Founder Independent Director Independent Director Independent Director and Promoter Dr. Udaya Bhaskar Vishal Swarup Vishwas Swarup Mantripragada Dr. Kuruba Adeppa Ra
Slide 25: Key Management Personnel
Key Management Personnel Dheeraj Kumar Jain Aditya Kumar Nigam Chief Executive Officer - IPL Chief Executive Officer - SSL Satya Prakash Gupta Narendra Ojha Chief Financial Officer - IPL Company Secretary and Compliance Officer - IPL INVESTOR PRESENTATION 24 24
Slide 26: Sustainability
SUSTAINABILITY 25
Slide 27: Visit Our Real Time ESG Disclosure Platform
Visit Our Real Time ESG Disclosure Platform By turning ESG principles into action, we aspire to deliver excellence through sustainability Map our ESG framework with 35+ different frameworks Download ESG data Access to ESG Click to access ESG Profile factsheet Search for keywords AI Assistant Over 12
Slide 28: Engagement with Farmers
Engagement with Farmers Empowering Agriculture India Pesticides Limited (IPL) has exemplified its commitment to the farming community by actively engaging with farmers through impactful campaigning and enthusiastic participation in Farmer's exhibitions. Recognizing the crucial role farmers play in o
Slide 29: Our CSR Involvement
Our CSR Involvement The reverberating motto of IPL’s CSR is, “Care the World with Care” Our CSR Activities revolves around this belief Samagra Sudhar Chuppi Tod; Halla Bol • Our products – Pesticides functions as • Refurbishment of Aanganwadi centres, Skill medicines for plants by protecting them fr
Slide 30: ESG Initiatives
ESG Initiatives Environment Sustainability E S Socially Responsible Structure G Diversified Board • The ‘Food Forestation’ project • Conducted skill development • A diverse board is essential for transformed idle lands at five specified programs for Aanganwadi workers sustaining our competitive adva
Slide 31: Moving with Commitment
Moving with Commitment Management is committed to continuous growth and sustainability Sustaining HSE & ESG Standards Higher return ratios due to efficient meeting expectations of Global Clients capital and asset utilization Consistent growth with Product portfolio and capacity sustainable margins e
Slide 32: Disclaimer
Disclaimer Certain statements in this presentation concerning our future growth prospects are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The company's results may b
Slide 33: India Pesticides Limited – Contact
INDIA PESTICIDES LIMITED For further information, please contact S P Gupta Chief Financial Officer India Pesticides Limited +91 522 265 3602 investor@indiapesticideslimited.com Simran Malhotra / Akshay Hirani +91 22 6169 5988 ipl@churchgatepartners.com www.indiapesticideslimited.com