NSEAnalysts/Institutional Investor Meet/Con. Call Updates2d ago · 10 Nov 2026, 05:53 pm
Analysts/Institutional Investor Meet/Con. Call Updates
India Pesticides Limited · IPL
✦ AI SummaryResults
India Pesticides Limited has informed the Exchange about the transcript of the Analyst/Investors Call held on November 05, 2026, in respect of the Un-audited Standalone and Consolidated Financial Results of the Company for the quarter and half-year ended September 30, 2026.
Analysis Scores
Earnings Impact6/10
Growth Catalyst4/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
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India Pesticides Limited has informed the Exchange about Transcript
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IPL_10112026175310_Transcript_of_the_Earnings_Call_Final.pdf
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INDIA PESTICIDES LIMITED
An ISO 9001:2015, 14001:2015, 45001:2018 and 10002:2018 Company
CIN No. L24112 UP1984PLC006894
GSTIN- 09AAACI3591D1ZO
IPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIIPLIPLIPLLIPLIPL
IPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIIPLIPLIPLIPLIPLIPLIPLIPL
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: 10.11.2026
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-400001 Exchange Plaza, Plot no. C/1, G Block,
Scrip Code: 543311
Bandra- Kurla Complex, Mumbai-400051
ISIN: INE0D6701023
Symbol: IPL
Dear Sir/ Ma'am,
Sub: Transcript of the Earnings Call for the quarter and half-year ended 30th September, 2026.
Pursuant to Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we hereby enclose the transcript of the Analyst/Investors Call
held on Thursday, 05th November, 2026 at 12:30 P.M, in respect of the Un-audited Standalone and
Consolidated Financial Results of the Company for the quarter and half-year ended 30th September, 2026.
The transcript of the earnings call is also available on the Company’s website at
www.indiapesticideslimited.com
Kindly take the above on your record.
Thanking you
Yours faithfully,
For India Pesticides Limited
(Narendra Ojha)
Company Secretary and Compliance Officer
Encl.: As Above
IPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIPLIIPLIPLIPLIPL
Regd. Office: Swarup Bhawan, 35-A, Civil Lines, 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, (UP)
“India Pesticides Limited
Q2 and H1 FY27 Earnings Conference Call”
November 05, 2026
MANAGEMENT: MR. D. K. JAIN – CHIEF EXECUTIVE OFFICER
MR. S. P. GUPTA – CHIEF FINANCIAL OFFICER
MODERATOR: MS. SAVITA SINGH – DOLAT CAPITAL
Page 1 of 12
India Pesticides Limited
November 05, 2026
Moderator: Ladies and gentlemen, good day, and welcome to the India Pesticides Q2 and H1 FY27 Earnings
Conference Call. As a reminder, all participant lines will be in the listen-only mode and there
will be an opportunity for you to ask questions after the presentation concludes. Should you need
assistance during the conference call, please signal an operator by pressing star then zero on
your touchtone phone. Please note that this conference is being recorded.
I now hand the conference over to Ms. Savita Singh from Dolat Capital. Thank you, and over to
you, ma'am.
Savita Singh: Thank you, Shruti. Good day, everyone. I'm Savita Singh on behalf of Dolat Capital, welcome
you all to the Q2 FY27 Earnings Conference Call of India Pesticides Limited. I would like to
thank the management for giving us this opportunity to host the call. Today from the
management team, we have with us Mr. D.K. Jain, CEO; and Mr. S.P. Gupta, CFO.
I now hand over the call to the management for their opening remarks. Over to you, sir.
D.K. Jain: Thank you, Savita ji. Good afternoon, ladies and gentlemen. I take pleasure in welcoming you
all to the Q2 and H1 FY27 Earnings Conference Call of India Pesticides Limited. I hope you
and your families are doing well. I trust you have had the opportunity to review our financial
statements and earnings presentation uploaded on the stock exchanges and on our website.
The second quarter remained challenging for the agrochemical industry with geopolitical
uncertainty, softer overseas demand and volatility in key raw material prices affecting business
conditions.
In India, deficient and erratic rainfall disrupted agricultural activity and reduced herbicide
application. Against this backdrop, we remain focused on managing costs, maintaining
manufacturing efficiency and advancing the initiatives supporting our long term growth.
From a business perspective, monsoon stress across Maharashtra, Andhra Pradesh, Karnataka,
Telangana and parts of Punjab and Haryana affected paddy and other Kharif crops. Overseas
demand for our herbicide also remains softer with export revenue of INR 177 crores during H1
FY27.
Encouragingly, we have received export orders for the coming quarter, providing support to our
near term business outlook. We continue to serve customers across more than 35 countries,
supported by long-standing relationship with over 60 international customers, including
multinational agrochemical companies.
Our ability to manufacture complex off-patent technologies to demanding quality specifications
remains central to these relationships. We are focused on broadening our customer base and
strengthening direct engagement with global formulators.
An important development during the quarter was the receipt of technical equivalence approval
for one of our insecticide products in United Kingdom and registration of one of our herbicide
product in Argentina.
Page 2 of 12
India Pesticides Limited
November 05, 2026
These approvals advance our international expansion strategy and create opportunities to
commercialize products in additional markets. They also reflect our manufacturing quality and
regulatory capabilities.
Building on the European Union approval received in the previous quarter, we will continue to
pursue registrations that widen market access and support a more diversified export portfolio.
Our manufacturing platform remains an important pillar of our growth strategy. Across Dewa
Road and Sandila, our installed capacity of 28,300 metric tons of technicals and 10,200 metric
tons of formulations.
Our focus is on using the infrastructure efficiently while developing capacity for new products
and future customer requirement. At Hamirpur, 2 of the 10 planned blocks are operational and
2 additional blocks are expected to become operational early next year.
Central infrastructure, including roads, boilers and chillers are already in place. With permitted
capacity of 30,000 metric tons of technicals and 6,000 metric tons of formulations, the facility
provides a clear pathway for phased expansion.
And considering the overall geopolitical situation, we need to revisit the product portfolio of our
plant at Hamirpur plant. Backward integration remains a key priority. Our intermediate plant
developed using indigenous in-house R&D technology supports the manufacture of intermediate
previously sourced through imports.
Expanding these capabilities will help improve supply reliability and cost competitiveness,
particularly as geopolitical developments continue to create uncertainty across global supply
chains. Research and development continues to guide our product and manufacturing strategy.
Our 2 DSIR recognized R&D centers supported by a team of 25 scientists focused on developing
new molecules and intermediates, improving product yields and optimizing raw material
consumption. This work supports both our existing portfolio and opportunities in
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