Press Release

INDIA PESTICIDES LIMITED An ISO 9001:2015, 14001:2015, 45001:2018 and 10002:2018 Company CIN No. L24112 UP1984PLC006894 GSTIN- 09AAACI3591D1ZO IPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPL IPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPL Water Works Road, Aishbagh, Lucknow – 226004 (INDIA) Tel : +91-522-2653602, 2653603, 2653622, 4041014 Fax : +91-522-2653610 Website:www.indiapesticideslimited.com E-mail:info@indiapesticideslimited.com Date: 04.11.2026 To, To, The Manager, The Manager, Listing Department Listing & Compliance Department BSE Limited National Stock Exchange of India Ltd. P. J. Towers, Dalal Street, Mumbai- Exchange Plaza, Plot no .C/1,G Block, 400001 Bandra- Kurla Complex, Mumbai-400051 Scrip Code: 543311 Symbol: IPL ISIN: INE0D6701023 Dear Sir/ Ma'am, Sub: Press Release in connection with the Un-audited Financial Results for the quarter and half-year ended 30th September, 2026. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, please find enclosed a copy of the Press Release on the Un-audited Financial Results of the Company for the quarter and half-year ended 30th September, 2026. The same will also be available on the Company's website www.indiapesticideslimited.com This is for your information and records. Thanking You, For India Pesticides Limited (Narendra Ojha) Company Secretary and Compliance Officer Encl.: As above IPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPL Regd. Office: Swarup Bhawan, 35-A, Civil Lanes, Bareilly – 243 001. Uttar Pradesh, India. Phone: 0581-2567476 Manufacturing Unit 1: Plot No: E-17 to E-23 & G-31 to G-35, UPSIDC Industrial Area, Dewa Road, Chinhat, Lucknow, (UP) Manufacturing Unit 2: Plot No: K-2 to K-12 & D-2 to D-4, UPSIDC Industrial Area, Sandila, Hardoi, Uttar Pradesh, India Q2 and H1 FY2027 Earnings Release Revenue from Operations was at Rs. 231 crores in Q2 FY2027 EBITDA for Q2 FY2027 was at Rs. 33 crore with EBITDA margin of 14.4% Regulatory Approvals in the United Kingdom and Argentina Advance International Expansion Lucknow, India, November 4, 2026: India Pesticides Limited (“IPL” or the “Company”) (BSE: 543311 | NSE: IPL), one of the growing agro-chemical companies for technical manufacturing, has announced its financial results for the quarter and half year ended 30th September 2026. Q2 and H1 FY27 Financial Performance Summary: Q2 FY27 Key Performance Highlights: i. Revenue from operations was at Rs. 231 crore, compared with Rs. 295 crore in Q2 FY26 showing a decline of 21.6% primarily due to:  Softer demand for the Company’s Herbicides for overseas market  Unforeseen factors like regional instability and volatility in key materials prices  Inland sales decreased due to deficient and erratic rainfall across several parts of India. Monsoon stress in key agricultural states including Maharashtra, Andhra Pradesh, Karnataka, Telangana, parts of Punjab and Haryana, adversely affected paddy and other kharif crops India Pesticides Limited Water Works Road, Aishbagh, Lucknow - 226004, Uttar Pradesh, India Tel: +91-522-2653602, 2653603, 2653622, 4041014; Fax: +91-522-2653610; Email: info@indiapesticideslimited.com Q2 and H1 FY2027 Earnings Release ii. Despite these challenges, EBITDA was at Rs. 33 crore, with an EBITDA margin of 14.4% in Q2 FY27, compared with Rs. 54 crore and 18.2%, respectively, in Q2 FY26 iv. Profit After Tax was at Rs. 18 crore, with a PAT margin of 8.0%, compared with Rs. 32 crore and 10.7%, respectively, in Q2 FY26 H1 FY27 Key Performance Highlights:  Revenue from operations was at Rs. 487 Cr, compared with Rs. 579 Cr in H1 FY26 showing a decline of 15.9%  EBITDA was at Rs. 73 Cr, with an EBITDA margin of 14.9% in H1 FY27, compared with Rs. 108 Cr and 18.6%, respectively, in H1 FY26 Commenting on the performance, Mr. Dheeraj Kumar Jain, Chief Executive Officer said: “The second quarter of FY27 presented a challenging operating environment, with geopolitical uncertainty, softer overseas demand and volatility in key raw material prices affecting business conditions. In India, deficient and erratic rainfall across several agricultural states disrupted cropping cycles and reduced herbicide application. As a result, our focus remained on managing costs, maintaining operational discipline and progressing our international growth strategy. During Q2 FY27, the Company reported Revenue from Operations of Rs. 231 crore, EBITDA of Rs. 33 crore with a margin of 14.4%, and PAT of Rs. 18 crore. For H1 FY27, Revenue from Operations was Rs. 487 crore and EBITDA was Rs. 73 crore, with a margin of 14.9%. Lower sales, combined with higher employee expenses and raw material price volatility, weighed on profitability. However the company has received good export order for the coming quarter. During the quarter, we received Technical Equivalence approval for one of our insecticide products in the United Kingdom and registration for one of our herbicide products in Argentina. These approvals create opportunities to engage with new customers, broaden our export portfolio and commercialise products across additional geographies. They also demonstrate our ability to meet international regulatory requirements and support our strategy of increasing the contribution from overseas markets. CARE Ratings also reaffirmed our credit ratings during the quarter. Our vision is to build a more diversified, globally competitive agrochemical business, supported by R&D, integrated manufacturing and trusted customer relationships. We continue to prioritise process optimisation, backward integration and the development of differentiated molecules and intermediates. These capabilities are central to improving manufacturing economics, reducing import dependence and expanding the range of products we can offer to our customers. While demand conditions and geopolitical developments remain uncertain, our strategic direction is clear. We will pursue product registrations in regulated markets, deepen customer engagement and strengthen our manufacturing capabilities. By combining wider market access with a more diversified portfolio and disciplined execution, we aim to build a stronger foundation for sustainable earnings growth and long-term value creation for all stakeholders.” India Pesticides Limited Water Works Road, Aishbagh, Lucknow - 226004, Uttar Pradesh, India Tel: +91-522-2653602, 2653603, 2653622, 4041014; Fax: +91-522-2653610; Email: info@indiapesticideslimited.com Q2 and H1 FY2027 Earnings Release Q2 and H1 FY2027 Earnings Conference Call Conference Call Details: Thursday, November 5th 2026, at 12:30 PM IST Diamond Pass Click Here Universal Access Number +91 22 6280 1116, +91 22 7115 8017 The number listed above is universally accessible from all networks and all countries Hong Kong: 800 964 448 Singapore: 800 101 2045 Toll Free Number USA: 1 866 746 2133 UK: 0 808 101 1573 For further information, please contact: Satya Prakash Gupta, CFO Simran Malhotra / Mohammed Petiwala investor@indiapesticideslimited.com ipl@churchgatepartners.com Tel: +91 522 265 3602 Tel: +91 73032 11037 India Pesticides Limited Water Works Road, Aishbagh, Lucknow - 226004, Uttar Pradesh, India Tel: +91-522-2653602, 2653603, 2653 [Showing first 8,000 characters — download PDF for full document]