India Pesticides reports strong Q3 & 9M FY26 growth

By: ICN Bureau

Last updated : February 11, 2026 11:46 am



Export sales increased to Rs. 96 crores from Rs. 75 crores in Q3 FY25, led by strong performance in the European Union and Australia markets


India Pesticides Limited, a leading player in agro-chemical technical manufacturing, has announced strong unaudited consolidated financial results for the quarter and nine months ended December 31, 2025, driven by robust volume growth across domestic and export markets.
 
The company's total quarterly revenue reached Rs. 229 crore, up 30.7% YoY. Net profit surged 41.2% YoY to Rs. 23 crore, with a PAT margin of 9.9%. Technical & API segments contributed 73% of total revenue. Capital expenditure up to Q3 FY26 at Rs. 46 crore, supporting expansion and modernization
 
On 9M FY26 performance, the company's total income rose 27.6% YoY to Rs. 808 crore. EBITDA jumped 47.7% YoY to Rs. 149 crore, with an 18.4% margin. Net profit increased 43.9% YoY to Rs. 89 crore, with a PAT margin of 11.0%. Volume growth of approximately 25%, reflecting higher capacity utilization and strong order execution
 
Commenting on the performance, Anand S Agarwal, Director, Founder & Promoter, said: "We are pleased to announce a 31% year-on-year revenue growth for Q3 FY26, achieving total income of Rs. 229 crores. 
 
"EBITDA for the quarter reached Rs. 41 crores, reflecting a 40.0% year-on-year increase, driven by strong volume growth and consistent demand across key export markets. While realizations were slightly lower due to price softening in certain molecules, the company achieved notable volume growth and sustained demand across important geographies.
 
"Export sales increased to Rs. 96 crores from Rs. 75 crores in Q3 FY25, led by strong performance in the European Union and Australia markets. Domestic sales saw a significant rise to Rs. 129 crores from Rs. 97 crores, driven by increased demand for herbicides and their intermediates. The company recorded an overall volume growth of approximately 32%, supported by improved capacity utilization and strong order execution."
 
He added: "Our commitment to responsible growth is reflected in our CSR and sustainability initiatives. Notably, the company began receiving 6 MW of solar power at the Sandila Unit from the Group Captive Solar Plant, effective 1st October 2025. This initiative marks a significant step in enhancing the company’s renewable energy portfolio and reducing reliance on conventional power sources.
 
"Looking ahead, we remain confident in our ability to sustain growth, driven by steady export demand, gradual recovery in domestic markets, and the ongoing benefits of our capacity expansions. With a diversified portfolio, an integrated value chain, and a continued focus on operational excellence, we are well-positioned to drive sustained growth and create long-term value for our stakeholders.”

India Pesticides Limited agrochemical technical manufacturing Anand S Agarwal

First Published : February 11, 2026 12:00 am