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Insecticides (India) Ltd (INSECTICID)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532851 NSE: INSECTICID Pesticides & Agrochemicals | Small Cap | Insecticides India Share Price

₹627 -4.65 (-0.74%)

As on 29-Jul'26 14:21

Insecticides (India) Ltd (INSECTICID)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532851 NSE: INSECTICID Pesticides & Agrochemicals | Small Cap | Insecticides India Share Price

₹627 -4.65 (-0.74%)

As on 29-Jul'26 14:21

Key Metrics
Valuation Multiples
Market Cap
₹1,838 Cr.
Current Price
₹627
52-Week Low / High
₹526 / 1,096
TTM EPS
₹46.7
TTM Sales
₹2,144 Cr.
Book Value per Share
₹417.2
P/E Ratio
13.53
Lower than its 5-year historical median
Industry PE
31.1
Price to Book (P/B)
1.51
Lower than its 5-year historical median
Price to Sales (P/S)
0.86
Lower than its 5-year historical median
EV/EBITDA
8.09
Lower than its 5-year historical median
Dividend Yield
0.32%
Profitability Efficiency
Return on Equity (ROE)
11.83%
Underperforms industry median
Return on Capital Employed (ROCE)
15.67%
Underperforms industry median
Return on Assets (ROA)
6.69%
Operating Profit Margin
10.8%
Net Profit Margin
6.33%
Gross Profit Margin
9.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
7.09%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
1.26%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-2.83%
Asset Quality
Promoter Holding
72.30%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,185 Cr.
Equity
₹29.1 Cr.
Face Value
₹10
All Time Low / High
₹11.76 / 1096.30

Insecticides (India) stock performance

Key Ratios
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Check Before You Invest

Valuation

Somewhat Undervalued

Price Trend

Weak
Q.1 Is Insecticides (India) Ltd a good quality company?
Insecticides (India) Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Insecticides (India) Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Insecticides (India) Ltd vs industry peers?
Insecticides (India) Ltd revenue CAGR is 8.59%, compared to the industry median CAGR of 8.01%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Insecticides (India) Ltd?
Promoters hold 72.30% of the Insecticides (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Insecticides (India) Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 7.1% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Insecticides (India) Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 15.6%19.7%20.7%14.3%13.7%16.1%9.8%13.2%17.3%15.7%-
Value Creation
Index
0.10.40.50.00.00.2-0.3-0.10.20.1-

Growth Parameters

Sales 9941,0731,1941,3631,4201,5041,8011,9662,0022,1442,144
Sales YoY Gr.-8%11.2%14.2%4.2%5.9%19.8%9.2%1.8%7.1%-
Adj EPS 17.827.540.52931.436.123.933.448.147.146.7
YoY Gr.-54.1%47.3%-28.5%8.6%14.7%-33.7%39.6%44%-2%-
BVPS (₹) 149.9176.6213.3235.6264293309.4341.6371.8417.2417.2
Adj Net
Profit
55.385.212689.897.410770.898.8140137136
Cash Flow from Ops. 4182-133242155135-10.618594.6109-
Debt/CF from Ops. 590.6-2.30.80.60.4-150.51.11.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 8.9%8.6%6%7.1%
Adj EPS 11.4%8.4%25.3%-2%
BVPS12.1%9.6%10.5%12.2%
Share Price 7% 4.5% 13.6% -41%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
12.716.820.812.912.612.77.910.313.411.911.2
Op. Profit
Mgn %
11.213.916.111.810.811.47.48.311.110.810.3
Net Profit
Mgn %
5.67.910.56.66.97.13.9576.46.3
Debt to
Equity
0.50.20.50.30.10.10.20.10.10.10
Working Cap
Days
238221258249232232214211221226127
Cash Conv.
Cycle
1191011441221161091111001029962

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales9941,0731,1941,3631,4201,5041,8011,9662,0022,144
Operating Expenses + 8839251,0061,2071,2681,3341,6791,8031,7831,923
Manufacturing Costs129130163144170188218253296277
Material Costs6706947269379741,0071,2751,3361,2181,345
Employee Cost 46516575778798117137160
Other Costs 3950525247528897132141
Operating Profit 111148187156152170122163219222
Operating Profit Margin (%) 11.2%13.8%15.7%11.4%10.7%11.3%6.8%8.3%10.9%10.3%
Other Income + 731384110712
Exceptional Items 0000-1000000
Interest 20161524771311717
Depreciation 16172024252626292935
Profit Before Tax 8211815311011914184133190182
Tax 23343124263421305146
Profit After Tax 5984122869310763103140136
PAT Margin (%) 6.0%7.8%10.3%6.3%6.6%7.1%3.5%5.2%7.0%6.3%
Adjusted EPS (₹)19.227.139.527.830.136.221.334.748.046.7
Dividend Payout Ratio (%)7%4.90%3.40%14.40%4.40%5.50%14.10%8.70%4.20%4.30%

Valuation of Insecticides India - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 4655486617308188679161,0111,0821,214
Share Capital 21212121212030302929
Reserves 4445276417107988478869821,0531,185
Debt +22110529618594471577287126
Long Term Debt15812222292318
Short Term Debt2069729518392461554363108
Minority Interest0000000000
Trade Payables199243280247362324448418500440
Others Liabilities 111129150153181191194242324290
Total Liabilities 9951,0251,3881,3161,4561,4301,7151,7441,9932,070

Fixed Assets

Net Fixed Assets +185232240239239253262282277363
Gross Block200264292314337370402447466582
Accumulated Depreciation1633527598117140165189218
CWIP 581719395991123141161130
Investments 11161210121315192630
Inventories426407705519661630862806883768
Trade Receivables212235244320255289296297386489
Cash Equivalents 920974833619615787
Others Assets 9599158114148117137138203201
Total Assets 9951,0251,3881,3161,4561,4301,7151,7441,9932,070

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 4182-133242155135-1118595109
PBT 8211815311011914184133190182
Adjustment 38323848303638394150
Changes in Working Capital -9958-29211534-2-10126-96-69
Tax Paid -17-26-32-32-27-41-31-14-41-54
Cash Flow From Investing Activity + -14-26-49-24-1139-87-44-39-90
Capex -14-28-37-28-48-67-86-44-33-91
Net Investments -020-6-70760-00-0
Others 00-121051-1-0-61
Cash Flow From Financing Activity + 9-143172-159-104-11580-98-6213
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -24-13-7-61-1027-6-6
Interest Paid -21-16-14-25-7-7-13-11-7-16
Dividend Paid 0-4-4-12-40-15-9-6-6
Others 54-110197-116-94-107108-105-4342
Net Cash Flow -013-1159-6130-1843-632

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)13.6216.5920.2512.3712.0712.77.0710.6513.3611.83
ROCE (%)15.5519.6620.6614.2613.7216.129.7513.2317.3215.67
Asset Turnover Ratio1.111.211.081.121.151.141.261.271.21.17
PAT to CFO Conversion(x)0.072.17-1.092.811.671.26-0.171.80.680.8
Working Capital Days
Receivable Days71.1066.8066.9068.1066.1060.1053.8049.3055.8067.40
Inventory Days131.70124.70155.20147.80135.80142.70137.10138.70138127.20
Payable Days111.60116.20131.60102.60114124.30110.50118.40137.70127.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Insecticides (India) Ltd FAQs

The current trading price of Insecticides India on 29-Jul-2026 14:21 is ₹627.0.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Jul-2026 the market cap of Insecticides India stood at ₹1,838 Cr

The latest P/E ratio of Insecticides India as of 28-Jul-2026 is 13.53.

The latest P/B ratio of Insecticides India as of 28-Jul-2026 is 1.51.

The 52-week high of Insecticides India is ₹1,096.3 and the 52-week low is ₹525.9.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Insecticides India is ₹2,144 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Insecticides (India) Ltd is a good quality company.

The key valuation ratios of Insecticides (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Insecticides (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Insecticides (India) Ltd

Insecticides (IIL) Company was originally incorporated as Insecticides (India) Private Limited vide on December 18, 1996 under the Companies Act 1956 with the Registrar of Companies NCT of Delhi & Haryana. The company was converted into Public Limited Company on October 29, 2001,

Insecticides (India) has spearheaded the endeavor to bring home world-class quality new generation products through latest technological developments. IIL has entered into technical collaboration with global giants AMVAC, USA for THIMET, which is India's most popular generic pesticide. Thimet, being the first choice of Indian farmers has helped the company in further strengthening its base at the grass root level.

Lap after lap, in this marathon success story, they have weakened the competition to become India’s leading agro-chemical and pesticides manufacturer. The company will soon be starting pesticide-synthesis at Bhiwadi plant. This will help the company in bringing out new products at more competitive prices. Its vision and efforts have ushered in a new era of success and helped IIL to emerge as a formidable player in the Indian agro-chemicals sector. IIL has established a dedicated R&D Center, which is recognized by Department of Scientific & Industrial Research, Ministry of Science and Technology. It focuses on manufacturing high value added, complex new molecules for introduction in the generic market. Though immense efforts have been made, they have far to go. At IIL R&D, they approach each challenge armed with their knowledge of Agri-science & motivated by their commitment to increase crop yield per acre of land.They have taken big steps towards capitalizing on the revolution in crop protection, which is an integral part of holistic crop management.

IIL R&D centre has augmented its infrastructure with sophisticated instruments like HPLC, GLC, AAS, UV and Infrared Spectrophotometer that are used for standardization of manufacturing processes. For production of a wide range of agro-chemicals and pesticides, IIL has set production units at Rajasthan and J&K . These state-of-the-art production facilities offer an integrated environment to ensure optimum performance levels and facilitate production of high quality liquid, granule and powder formulations.

Product range of the company includes:

  Crop:

  • Lethal
  • Thimet
  • Lethal super
  • Victor
  • Sharp
  • Kaiser
  • Himil
  • Milstim

Urban pest:

  • Lethal Woodcare
  • Lethal Mosquito coils
  • Lethal Vaporizer
  • Lethal Line

Achievements/ recognition:

  • ISO 14001:2004 certification.
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