Investor Relations

|

ESG Profile

|

Login

News

Invest wise with Expert advice

sidebar image

India Pesticides revenue rises 38.8% yoy to Rs253 crore in Q2FY23; Stock gains 1%

14 Nov 2022 , 09:18 AM

India Pesticides Limited has announced its results for quarter and period ending September 30, 2022.

Consolidated Q2 FY23 Financial Highlights

Revenue Growth of 38.8% to Rs253 crore
EBITDA of Rs54.9 crore; EBITDA Margin of 21.7%
Net Profit Rs37.2 crore; Pat Margin of 14.7%
Technicals + APIs constitute 73% of total revenue

Consolidated H1 FY23 Financial Highlights

Revenue Growth of 33.2% to Rs. 474.7 crore
EBITDA of Rs113.9 crore; EBITDA Margin of 24.0%
Net Profit Rs78.3 crore; PAT Margin of 16.50%
Technicals + APIs constitute 75% of total revenue

Strategic Plans

Present installed capacity of Technicals increased to 23,500 MT from 21,500 MT as on 31.03.2022 after launch of 2,000 MT capacity during Q1 FY23
Capex outflow of Rs. 70 crores have been planned for FY23
Targeting further increase of Sandila plant capacity by 4,000 MT
2 more manufacturing blocks at the existing Sandila facility are proposed to be used for herbicide Technicals & intermediates
Hamirpur Plant to likely commence operations in FY23-24
Hamirpur project EIA report accepted by MOEF & meeting with EAC is scheduled for November

At around 9:18 AM, India Pesticides Ltd is currently trading at Rs265.45 per share down by Rs5.8 or 2.14% from its previous closing of Rs271.25 per share on the BSE.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

announcement
business operations
business update
India Pesticides
India Pesticides shares
India Pesticides stocks
launch

sidebar mobile

BLOGS AND PERSONAL FINANCE

Images

Powell prefers to hold rates, despite pressure from the top

9 May 2025|11:50 AM

Images

What we read from Berkshire Hathaway Q1 earnings

9 May 2025|11:05 AM

Images

Market outlook for next week (05-May to 09-May)

8 May 2025|03:49 PM

Images

FPI buying rebounds in second fortnight of April 2025

8 May 2025|02:00 PM

Most Read News

Top Stocks for Today - 9th May 2025

9 May 2025|10:48 AM

Dabur India Q4 Net Profit Declines 8.4% YoY to ₹312.7 Crore

8 May 2025|11:29 PM

Tata Elxsi Partners with ECOSEP to Revolutionize Sports Medicine Using AI

8 May 2025|11:15 PM

Satin Creditcare Net Profit Dips 67% in Q4 Result

8 May 2025|11:05 PM

APL Apollo Tubes Reports 72% Surge in Q4 Net Profit

8 May 2025|10:53 PM

Invest wise with Expert advice

Derivatives

IPO

Mutual Funds

Nifty 50

Loans

Knowledge Center

News

IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

Loading...

Follow us on

2025, IIFL Capital Services Ltd. All Rights Reserved

About

IIFL Group

Products & Services

Trading Documentation

Useful Links

For Investors

Disclaimer

|

Research Disclaimer

|

Twitter Disclaimer

|

Advertisement Disclaimer

|

Terms & Conditions

|

Privacy Policy

|

RBI Policy Update

|

CSR Policy

|

Mutual Fund Disclaimer

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon

We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.