India Pesticides Limited — Investor Meet, 19-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

India Pesticides reported robust H1 FY26 results: revenue grew 26% YoY to INR 579 Cr, EBITDA surged 53% (18.6% margin), and PAT rose 48%. Q2 exports nearly doubled to INR 140 Cr, driving growth despite flat domestic sales. IPL is on track for INR 1,000 Cr FY26 revenue, maintaining 18-20% margins. Key updates include 73%+ technical utilization, formulation capacity scaled to 10,000 MT, and new 2,6-DEA backward integration. Shalvis subsidiary targets INR 100 Cr next year, aiming for INR 3,000 Cr consolidated revenue by FY30-31, largely self-funded. Management expresses confidence in continued growth.