1. Is India Pesticides Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that India Pesticides Ltd is a good quality company.
2. Is India Pesticides Ltd undervalued or overvalued?
The key valuation ratios of India Pesticides Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is India Pesticides Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of India Pesticides Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||0%||0%||0%||0%||0%||18.1%||20.4%||25.6%||38.4%||29.5%||-|
|Value Creation Index ⓘ||NA||NA||NA||NA||NA||0.3||0.5||0.8||1.8||1.1||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||NA||NA||NA||NA||NA||37.3%||40.8%||35.3%||10.4%||-|
|Adj EPS ⓘ||0||0||0||0||0||2.8||3.7||5.8||11.9||13.4||13.3|
|YoY Gr. Rt. %||-||NA||NA||NA||NA||NA||30.4%||58.6%||105.5%||12.2%||-|
|BVPS (₹) ⓘ||0||0||0||0||0||4,521.4||5,875.6||8,068.6||34.8||55.4||61.5|
|Adj Net Profit ⓘ||0||0||0||0||0||31.2||40.7||64.5||133||154||154|
|Cash Flow from Ops. ⓘ||0||0||0||0||0||16||-3.4||75.2||83.3||75.9||-|
|Debt/CF from Ops. ⓘ||0||0||0||0||0||2.9||-18.1||0.4||0.4||0.2||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||NA||NA||54.1%||12.2%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||0||0||0||0||0||21.7||24.6||29.1||41.2||29.9||22.8|
|Op. Profit Mgn % ⓘ||0||0||0||0||0||22.3||19.2||19.6||28.2||29.9||25.4|
|Net Profit Mgn % ⓘ||0||0||0||0||0||12.6||12||13.5||20.5||21.5||18.4|
|Debt to Equity ⓘ||0||0||0||0||0||0.3||0.3||0.1||0.1||0||0|
|Working Cap Days ⓘ||0||0||0||0||0||0||231||202||178||215||233|
|Cash Conv. Cycle ⓘ||0||0||0||0||0||0||130||109||86||105||164|
Sales growth is growing at healthy rate in last 3 years 28.10%
Net Profit is growing at healthy rate in last 3 years 54.07%
Sales growth is good in last 4 quarters at 26.57%
Return on Equity has declined versus last 3 years average to 22.80%
|TTM EPS (₹)||13.3||13.2|
|TTM Sales (₹ Cr.)||836||836|
|BVPS (₹.) ⓘ||61.5||61.4|
|Reserves (₹ Cr.) ⓘ||697||696|
|From the Market|
|52 Week Low / High (₹)||200.00 / 335.75|
|All Time Low / High (₹)||200.00 / 368.00|
|Market Cap (₹ Cr.)||2,919|
|Equity (₹ Cr.)||11.5|
|Face Value (₹)||1|
|Industry PE ⓘ||33.2|
India Pesticides is an R&D driven agro-chemical manufacturer of Technicals with a growing Formulations business. It is one of the fastest growing agro-chemicals company in terms of volume of Technicals manufactured. It is the sole Indian manufacturer of five Technicals and among the leading manufacturers globally for Captan, Folpet and Thiocarbamate Herbicide, in terms of production capacity. Since commencing its operations in 1984, it has diversified into manufacturing herbicide and fungicide Technicals and active pharmaceutical ingredients (APIs). It also manufactures herbicide, insecticide and fungicide Formulations. It has a strategic focus on R&D and its R&D capabilities include two well-equipped in-house laboratories registered with the DSIR. Its efforts are led by a dedicated R&D team that comprises PhDs, masters graduates in chemistry and abiotechnological engineer. Its R&D efforts have led to development of processes to manufacture three generic off-patent Technicals since Fiscal 2018 and it is currently in the process of developing processes for certain Technicals, including two fungicides, two herbicides, two insecticides and two intermediates.
The company currently have two manufacturing facilities located at UPSIDC Industrial Area at Dewa Road, Lucknow and Sandila, Hardoi in Uttar Pradesh, India that are spread across over 25 acres. Each of its manufacturing facilities has the ability to manufacture a wide range of products, which provides it with the flexibility to cater to changing demands in the market, thereby reducing dependence on any one major product category. It also has pilot facilities to test commercialization of its products. Its facilities are periodically audited and appraised by its customers including various multinational corporations. It has also commenced construction of two manufacturing units at its Sandila facility, which are proposed to be used for herbicide Technicals.
Business area of the company
The company has two distinct operating verticals, namely, Technicals; and Formulations. The company manufacture generic Technicals that are used in the manufacture of fungicides and herbicides as well as APIs with applications in dermatological products. It also manufacture and sell various formulations of insecticides, fungicide and herbicides, growth regulators and Acaricides, which are ready-to-use products.
Major events and milestones
Awards, accreditations and recognitions: