Insecticides India Ltd
Insecticides India Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Targeting double-digit growth, with expectation to recover and meet year-end targets despite a slow H1 growth of ~4%. Management targets double-digit and strong double-digit growth for Focus Maharatna and Maharatna products in FY'26.
From Insecticides India Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Targeting double-digit growth, with expectation to recover and meet year-end targets despite a slow H1 growth of ~4%. (Page 13)
- For Focus Maharatna and Maharatna products, volume growth was flat in the quarter, but recovery and growth expected in H2. (Page 15)
- B2C volumes were flat in the recent quarter; growth is driven by B2B and international business. (Page 15)
- Export business expected to grow; aiming to reach Rs. 150 crore sales in exports this year. (Page 12)
- Increasing the share of own captive technicals in product portfolio from ~50% to over 65% now, aiming to cross 70% in the next 2-3 years, to improve margins and growth. (Page 11)
2 more points management made on revenue & sales performance
Profitability & Margins
See what Insecticides India Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Insecticides (India) Limited is undertaking multiple expansions:
- Formulation expansion at Dahej facility.
- New manufacturing facility planned in SEZ.
- Expansion of plant at Sotanala.
- Company is increasing technical manufacturing capacity, with focus on both Dahej (herbicides) and Chopanki (insecticides).
- Discussions underway with global companies for possible CRAMS (Contract Research and Manufacturing Services) collaborations and other activities.
- Continuous efforts on backward integration to improve margins by manufacturing from basic levels.
- New leadership hired to professionally manage manufacturing, expansions, and supply chain, aiming to support growth and efficiency.
2 more points management made on capital expenditure plans
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Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Insecticides India Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Export side order book is complete till March 2026 with fresh orders still coming in month-wise.
- For B2B segment, orders are seasonal and current order book includes fresh orders for November and December (Rabi season started).
- Orders for the last quarter (Q4) will begin to be taken after some time; not currently open.
2 more points management made on order book & pipeline
Insecticides India Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹385 Cr, net profit ₹10 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Insecticid.India's management said in earlier quarters
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Frequently Asked Questions
What were Insecticides India Ltd Q2 FY26 results?
Targeting double-digit growth, with expectation to recover and meet year-end targets despite a slow H1 growth of ~4%. Management targets double-digit and strong double-digit growth for Focus Maharatna and Maharatna products in FY'26.
What is Insecticides India Ltd share price analysis?
Insecticides India Ltd currently shows a neutral. The stock trades at a P/E of 14.7 with a market cap of ₹1,837 Cr. Investors should review the full earnings analysis for detailed insights.
Is Insecticides India Ltd planning capital expenditure?
Insecticides (India) Limited is undertaking multiple expansions: - Formulation expansion at Dahej facility.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.