The shares of prominent agrochemical companies gained up to 11 percent in today’s trading session after the Ministry of Finance levied an Anti-Dumping duty on all the imports of Pretilachlor.
With a market capitalization of Rs 2,406.34 crore, the shares of India Pesticides Ltd were trading at Rs 208.95 per share, increasing around 8.10 percent as compared to the previous closing price of Rs 193.30 apiece.
The shares of India Pesticides Ltd have seen positive movement after the Ministry of Finance has levied Anti-Dumping duty on all the imports of Pretilachlor in any of its form & its intermediate – 2, 6- Diethyl-n-(2-propoxyethyl) Aniline (also known as PEDA) originating in or exported from China for five years.
Moreover, the imposition of anti-dumping duty on Pretilachlor and its intermediate from China will boost domestic manufacturing, protect Indian producers from unfair pricing, and enhance competitiveness. It encourages self-reliance, stabilizes local markets, and supports the government’s ‘Make in India’ and China-plus-one strategies.
Additionally, India Pesticides Limited has ramped up its PEDA production capacity to 6,000 MT annually, with a planned increase to 8,500 MT by Q2 FY26. This expansion strengthens its position in the Pretilachlor value chain, ensuring supply stability and supporting growth amid rising domestic demand and anti-dumping protection.
Looking forward to the company’s financial performance, revenue increased by 64 percent from Rs 127 crore in Q4FY24 to Rs 208 crore in Q4FY25. Further, during the same time frame, net profit increased by 2100 percent from Rs 1 crore to Rs 22 crore.
India Pesticides Ltd is an R&D-driven agrochemical player with 2 manufacturing units and 2 DSIR-recognized labs. It produces 27 technicals and 207 formulations, with strong capacities of 24,200 MT for technicals and 6,500 MT for formulations. With 38% export turnover and presence in 25+ countries, it emphasizes quality, safety, and global scalability.
India Pesticides Ltd maintains strong ties with global agrochemical giants like Syngenta, UPL, and Adama, supported by its expertise in cost-effective, off-patent technicals. With 60+ international clients, revenue from the top 10 customers declined to 43% in FY25, reflecting its strategic focus on diversification and enhancing customer base for long-term sustainability.
India Pesticides plans to enhance manufacturing capacity with expansions at its Sandila and Hamirpur plants. Aligned with a ‘China plus one’ strategy, the company aims to reduce reliance on China. A capital expenditure of ₹116 crore is allocated for FY26 to strengthen production capabilities and support long-term growth.
India Pesticides Limited is one of the globally operating agrochemical manufacturers in India. The company is the sole Indian manufacturer and among the top five manufacturers globally for several Technicals, such as Folpet, Thiocarbamate Herbicide, and several other products.
Written by Abhishek Singh
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