India Pesticides Limited has delivered a standout FY2026 performance, crossing the Rs. 1,000 crore revenue milestone for the first time, powered by robust volume growth across domestic and international markets.
The agrochemical manufacturer reported a sharp uptick in both revenue and profitability for the quarter and full year ended 31 March 2026, underscoring strong demand in herbicides and intermediates and improved operational efficiency across its business.
For FY26, the company recorded total income of Rs. 1,078 crore, up 27.9% year-on-year, supported by approximately 29% volume growth driven by improved capacity utilization and strong order execution.
EBITDA surged 44.7% year-on-year to Rs. 194 crore, with margins expanding to 18.0%, while net profit rose 45.8% to Rs. 120 crore, translating into a PAT margin of 11.1%.
Technical and API segments continued to dominate the revenue mix, contributing 71% of total revenue and reinforcing the company’s diversified manufacturing base.
In Q4 FY26, India Pesticides reported revenue growth of 28.5% year-on-year, driven primarily by higher demand for herbicides and their intermediates. The company highlighted strong operational performance during the quarter, supported by robust volume growth in domestic markets.
Commenting on the performance, Anand S. Agarwal, Director, Founder & Promoter said: "As FY2025-26 concludes, the agrochemical industry continued to navigate a dynamic operating environment shaped by changing global demand patterns, pricing pressures and evolving supply chain conditions.
"Despite these challenges, India Pesticides Limited delivered a strong operational and financial performance, supported by strong demand in the Indian market, higher capacity utilization, and consistent execution across key business segments. Our continued focus on process optimization, backward integration, and strengthening customer relationships enabled us to sustain growth momentum during the year."
During FY2026, he said, the Company achieved Revenue of Rs.1,078 crore, reflecting a growth of 27.9% YoY, while EBITDA increased by 44.7% YoY to Rs.194 crore with EBITDA margins improving to 18.0%. PAT for the year was at Rs.120 crore, registering a growth of 45.8% YoY.
"The performance was primarily driven by strong domestic demand, healthy volume growth, and improved operational efficiencies.
A key milestone during the year was India Pesticides Limited crossing the Rs. 1,000 crore revenue mark for the first time, reflecting the Company’s strong execution capabilities, expanding market presence and improving operational efficiencies.
This achievement highlights our confidence in sustaining long-term growth through capacity expansion, backward integration and continued focus on innovation-led manufacturing.
"Our R&D and project engineering capabilities continue to remain a core strength of the Company. During the year, we received multiple product registrations across Indian and international markets, while our in-house R&D efforts supported process innovation, cost optimization, and development of new molecules and intermediates.
"The Company remains focused on enhancing manufacturing efficiency and expanding its differentiated product portfolio."
Looking ahead, the Company remains committed to expanding its manufacturing capabilities, strengthening backward integration, and enhancing its presence across Indian and international markets.
"With strong customer relationships, a diversified product portfolio, ongoing capacity expansion, and a continued focus on innovation and operational efficiency, we believe India Pesticides Limited is well positioned to capitalize on emerging opportunities and create sustainable long-term value for all stakeholders," he added.
