Latest news with #IndiaPesticides
Business Upturn
12 hours ago
- Business
- Business Upturn
Why India Pesticides shares surge 9% today? Details here
India Pesticides shares surged 9% in early trade on Friday after the government imposed an anti-dumping duty on the import of Pretilachlor and PEDA from China. The move follows an investigation by the Directorate General of Trade Remedies (DGTR), which found that such imports were causing material injury to domestic manufacturers due to unfair pricing. Pretilachlor, a herbicide primarily used in rice and paddy cultivation, was among the key chemicals targeted by the anti-dumping measures. The duty is intended to create a level playing field for local producers by curbing underpriced imports. The government also extended anti-dumping duties on aluminium foil (5.5 to 80 microns) imported from China and imposed duties on Acetonitrile imports from China, Taiwan, and Russia. Acetonitrile is used in both pharmaceutical and agrochemical industries. India Pesticides shares opened at ₹192.79 and, at the time of writing, hit an intraday high of ₹213.90. The stock touched a low of ₹190.74 during the session. Currently, the 52-week high stands at ₹247.49, while the 52-week low is ₹119.79. As of 10:06 AM, the shares were trading at 8.53% higher at Rs 209.37. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
27-05-2025
- Business
- Business Standard
India Pesticides surges after reporting strong Q4 results
India Pesticides surged 12.65% to Rs 193.20 after the company's consolidated net profit zoomed 1,953.8% to Rs 21.77 crore on a 64.06% increase in revenue from operations to Rs 207.24 crore in Q4 FY25 compared to Q4 FY24. Profit before tax (PBT) skyrocketed by 1,335.82% year-on-year (YoY) to Rs 28.86 crore in Q4 FY25. Total expenses jumped 42.07% YoY to Rs 181.66 crore during the quarter. The cost of materials consumed stood at Rs 119.43 crore (up 47.9% YoY), while employee benefit expenses rose 16.51% YoY to Rs 13.62 crore during the period under review. On a full-year basis, the companys net profit increased 36.58% to Rs 82.18 crore on a 21.78% rise in revenue to Rs 828.61 crore in FY25 compared to FY24. India Pesticides (IPL) is one of the fastest-growing, R&D-driven, and globally operating agrochemical companies. It is also a leading manufacturer of herbicide and fungicide technicals and active pharmaceutical ingredients (APIs).
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Business Standard
27-05-2025
- Business
- Business Standard
Why are India Pesticides shares in demand on May 27? Check key reasons here
India Pesticides share price: India Pesticides shares were in demand on Tuesday, May 27, 2025, with the scrip rallying up to 14.05 per cent to hit an intraday high of ₹195.60 per share. However, by 12:20 PM, India Pesticides shares were off day's high, and were trading 11.02 per cent higher at ₹190.40 per share. In comparison, BSE Sensex was trading 0.22 per cent lower at 81,998.21 level. Why did India Pesticides share price jump 14% in trade today? India Pesticides share price rose on the back of stellar Q4 results. The company's profit skyrocketed 1,953.8 per cent year-on-year (Y-o-Y) to ₹22 crore in the March quarter of FY25, from merely ₹1 crore in the same quarter a year ago (Q4FY24). The company's revenue from operations, or topline, zoomed 64.1 per cent Y-o-Y to ₹207.2 crore in Q4FY25, from ₹126.3 crore in Q4FY24. At the operational level, earnings before interest, tax, depreciation and amortisation (Ebitda) climbed 728.7 per cent annually to ₹31.7 crore, as against ₹3.8 crore in the same quarter previous fiscal year. Subsequently, Ebitda margin expanded to 15.3 per cent in Q4FY25, from 3 per cent in the same quarter a year ago. India Pesticides dividend The Board of Directors have recommended payment of dividend of ₹0.75 per equity share of the face value of ₹1 each for the financial year ended March 31, 2025, subject to approval of the members at the ensuing 40thAnnual General Meeting of the Company. The record date/ cutoff date for payment of Dividend will be from August 12, 2025. About India Pesticides India Pesticides Limited (IPL), established in 1984, is a leading chemical manufacturer in India with a strong global footprint. The company specialises in the production of agrochemicals and active pharmaceutical ingredients (APIs), offering a diverse portfolio that includes herbicides, fungicides, and insecticides in both technical and formulation forms. IPL has positioned itself as a key player in the Indian agrochemical sector, with a significant presence across international markets. Beyond agrochemicals, IPL also manufactures APIs for pharmaceutical applications, particularly in anti-fungal and anti-scabies treatments. The company stressed upon research and development (R&D), quality management, and advanced manufacturing practices. With exports reaching regions such as the US, Europe, Australia, Africa, South America, and Asia, IPL continues to expand its global reach. Its subsidiary, Amona Specialties Private Limited, supports the business through the import, export, and registration of agrochemicals and biological products.
Business Standard
27-05-2025
- Business
- Business Standard
India Pesticides consolidated net profit rises 1953.77% in the March 2025 quarter
Sales rise 64.06% to Rs 207.24 crore Net profit of India Pesticides rose 1953.77% to Rs 21.77 crore in the quarter ended March 2025 as against Rs 1.06 crore during the previous quarter ended March 2024. Sales rose 64.06% to Rs 207.24 crore in the quarter ended March 2025 as against Rs 126.32 crore during the previous quarter ended March 2024. For the full year,net profit rose 36.58% to Rs 82.18 crore in the year ended March 2025 as against Rs 60.17 crore during the previous year ended March 2024. Sales rose 21.78% to Rs 828.61 crore in the year ended March 2025 as against Rs 680.41 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 207.24126.32 64 828.61680.41 22 OPM % 15.323.03 - 14.4312.73 - PBDT 33.605.97 463 129.5697.37 33 PBT 28.862.01 1336 111.3782.30 35 NP 21.771.06 1954 82.1860.17 37
Business Upturn
29-04-2025
- Business
- Business Upturn
India Pesticides expands PEDA production capacity to 6,000 MT annually
By Aman Shukla Published on April 29, 2025, 16:24 IST India Pesticides Limited, a key player in the agrochemical manufacturing sector, has announced the successful commissioning of the next phase of backward integration for PEDA, an intermediate used in the production of Pretilachlor Technical. With this development, the company has expanded its installed capacity for PEDA to 6,000 metric tonnes (MT) per annum. The increase is supported by ongoing investments in in-house research and development efforts aimed at enhancing manufacturing efficiency and production capabilities. India Pesticides also shared its plan to further raise PEDA production capacity by an additional 2,500 MT per annum. This expansion is targeted for completion by the end of Q2 FY26. Once completed, the total PEDA manufacturing capacity will reach approximately 8,500 MT per annum. This initiative aligns with the Government of India's 'Aatma Nirbhar Bharat' objective, which encourages self-reliant domestic manufacturing and reduced dependency on imports. India Pesticides continues to focus on operational efficiency, capacity building, and strengthening its position in both domestic and international markets through strategic manufacturing expansions. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
