| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 637.70 | 7.7% | 1.7% |
| Total Income | 640.21 | 7.9% | 1.9% |
| Expenditure | 561.71 | 9.1% | 2.8% |
| PBT | 78.50 | 1.6% | 4.4% |
| Net Profit | 59.11 | 1.7% | 3.9% |
| OPM | 14.03% | 1.79pp | 2.60pp |
| NPM | 9.23% | 0.87pp | 0.53pp |
| EPS | 20.31 | 1.7% | 2.3% |
Insecticides (India) Ltd Announces Q2 & H1 FY2025-26 Results: 2% Revenue Growth, 11% Gross Profit Margin Increase
12 Nov 2025 · 12 Nov 2025, 03:55 pm
Summary
Insecticides (India) Ltd, a leading crop protection and nutrition company, has announced its financial results for the quarter and half year ended September 30, 2025. The company reported a 2% year-over-year (Y-o-Y) growth in revenue from operations and an 11% Y-o-Y increase in gross profit. The gross profit margin stood at 34.45% for Q2FY26 and 31.71% for H1FY26. The company's EBITDA margin was 14.03% for Q2FY26 and 13.10% for H1FY26. The profit after tax (PAT) was down by 4% for Q2FY26 but up by 6% for H1FY26.
Key Highlights
- 1
Steady revenue growth of 2% with improvement in Gross Profit by 272 bps
- 2
EBITDA margins for Q2FY26 remain similar with aggressive marketing campaign and field promotion to support premium products and new launches
- 3
PAT de-grew by 4% largely due to higher interest cost with increase in working capital
- 4
Revenue grew by 4% with EBITDA margins improving to 13.1% as compared to 12.6% during H1FY25
- 5
Five New Product Launches in H1 FY26 with two International Tie-Ups
- 6
Aggressive Demand Generation Initiatives: Working closely with farmers PAN India with 9,000+ farmers meetings and 3,400+ field days showcasing them the benefits of using latest technology
Management Comments
Mr. Rajesh Kumar Aggarwal
Insecticides (India) has delivered a resilient performance in Q2 with sales growth of 2% and sustained profitability, despite challenging weather conditions. The Company proactively expanded sales and distribution efforts to stay closer to farmers, complemented by several new product introductions during H1. Persistent and wide spread rains since mid-July, led to significant crop damage across regions and limited farmers’ access to fields. Consequently, agrochemical consumption remain subdued, accompanied by higher working capital utilization. Our continued focus on innovation, premiumization, and Complete Crop Solutions has helped strengthen our brand saliency and reinforced our market presence. Our collaboration with Corteva Agriscience is a strong step towards bringing global innovations to Indian farmlands. By combining Corteva Agriscience’s advanced technology with Insecticides (India) extensive market reach, we aim to deepen our engagement with farmers through a strong portfolio of premium products. We are also pleased to welcome Mr. Devendra Kumar Ray as Chief Operating Officer of the Company. An industry veteran with over thirty five years of experience in large scale chemical manufacturing and operations management. We continue to remain focused on enhancing operational efficiency and strengthening our organisational capabilities. Both domestic and global market conditions indicate a cohesive growth environment for the industry, underpinned by firmness in raw material prices across key product categories. Looking ahead, we remain optimistic, supported by adequate soil moisture, favourable Rabi sowing prospects, and stable input pricing. With a strong product pipeline, upcoming launches, and deeper farmer engagement, we are well-positioned to drive revenue growth and sustain profit margins. Our commitment to innovation, sustainability, and value creation remains unwavering as we continue to empower India’s farmers and strengthen our leadership in the crop protection and nutrition space.
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