India Pesticides Ltd Q3 FY26 Results

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. Our capacity expansion initiatives are progressing as planned, marking an important milestone in our efforts to strengthen production capabilities. The initiatives will further enhance our supply chain independence and support future margin expansion, keeping us firmly on track with our long-term growth objectives. 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.