Insecticides (India) Limited

20%

s:         Insecticides (India) Limited registered a significant revenue growth of 20% during current quarter. The Revenue stood at ₹6,959 Mn during Q2FY24 as compared to ₹5,822 Mn durin

₹6,959

Limited registered a significant revenue growth of 20% during current quarter. The Revenue stood at ₹6,959 Mn during Q2FY24 as compared to ₹5,822 Mn during same period last year. The Company registered ₹13,3

₹5,822

e growth of 20% during current quarter. The Revenue stood at ₹6,959 Mn during Q2FY24 as compared to ₹5,822 Mn during same period last year. The Company registered ₹13,359 Mn of revenue in H1FY24 as compared

₹13,359

,959 Mn during Q2FY24 as compared to ₹5,822 Mn during same period last year. The Company registered ₹13,359 Mn of revenue in H1FY24 as compared to ₹11,429 Mn in H1FY23 registering a robust 17% growth in Reven

₹11,429

during same period last year. The Company registered ₹13,359 Mn of revenue in H1FY24 as compared to ₹11,429 Mn in H1FY23 registering a robust 17% growth in Revenue on y-o-y basis. The growth is largely drive

17%

registered ₹13,359 Mn of revenue in H1FY24 as compared to ₹11,429 Mn in H1FY23 registering a robust 17% growth in Revenue on y-o-y basis. The growth is largely driven by Value Added Products which now c

64%

Revenue on y-o-y basis. The growth is largely driven by Value Added Products which now constitutes 64% (blended, B2B & B2C) of total revenue in H1 FY24 as compared to 56% in H1FY23. The Company continue

56%

Products which now constitutes 64% (blended, B2B & B2C) of total revenue in H1 FY24 as compared to 56% in H1FY23. The Company continues to focus on improving the mix of value added products i.e Maharatn

₹2,675

rowth. focus on inventory management has Continuous led to a marked improvement in inventory with ₹2,675 Mn of reduction in first half of current financial year, reaching to 105 days as compared to 227 day

₹1,783

23. The total borrowings registered improvement even with the higher seasonal output, and stood at ₹1,783 Mn as on 30th September 2023 as compared to ₹2,739 Mn as on 30th September 2022 and ₹1,590 Mn as on

₹2,739

en with the higher seasonal output, and stood at ₹1,783 Mn as on 30th September 2023 as compared to ₹2,739 Mn as on 30th September 2022 and ₹1,590 Mn as on 31st March 2023. Significant scale-up of digital c

₹1,590

stood at ₹1,783 Mn as on 30th September 2023 as compared to ₹2,739 Mn as on 30th September 2022 and ₹1,590 Mn as on 31st March 2023. Significant scale-up of digital connect with farmers. Digital capability

Key Highlights

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About us

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Our Capabilities

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Our Business Strengths

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Revenue Distribution

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Product Freshness Index

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Financial Snapshot

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Improving Ratios

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Consolidated Income Statement

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Consolidated Cash Flow

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Key Highlights

        Insecticides (India) Limited registered a significant revenue growth of 20% during current quarter. The Revenue stood at ₹6,959 Mn during Q2FY24 as compared to ₹5,822 Mn during same period last year. The Company registered ₹13,359 Mn of revenue in H1FY24 as compared to ₹11,429 Mn in H1FY23 registering a robust 17% growth in Revenue on y-o-y basis. The growth is largely driven by Value Added Products which now constitutes 64% (blended, B2B & B2C) of total revenue in H1 FY24 as compared to 56% in H1FY23. The Company continues to focus on improving the mix of value added products i.e Maharatna and Focus Maharatna, on consistent basis. Efforts on new launches like Hachiman, Torry and Shinwa in last two years has aided in higher growth. focus on inventory management has Continuous led to a marked improvement in inventory with ₹2,675 Mn of reduction in first half of current financial year, reaching to 105 days as compared to 227 days during FY23. The net working capital days

About us

    Insecticides (India) Limited (IIL) is one of India’s leading manufacturers of Agrochemicals. IIL provides farmers with a range of products for their crop protection requirements and owns the prestigious “Tractor Brand” which has gained great popularity in the farming community. IIL’s product portfolio comprises of 21+ technical products, 105+ formulation products that includes 35+ Maharatna Products. The Company boasts cutting-edge manufacturing facilities strategically situated in Chopanki (Rajasthan), Samba & Udhampur (Jammu & Kashmir), and Dahej (Gujarat). Additionally, IIL possesses technical synthesis plants in Chopanki and Dahej, offering the company a distinct competitive advantage of backward integration. Furthermore, the company operates a toll manufacturing plant in Shamli, Uttar Pradesh, with a specific focus on Biologicals. IIL prides of having great R&D capabilities and technical expertise to provide farmers with effective and innovative products.

Our Capabilities

Marketing & supply chain     21,00,000+ Farmers, 70,000+ Dealers, 6000+ Distributors, 380+SKUs.   Product Portfolio 21+ Technical Products, 105+ Formulations Products which includes • 14 Focused Maharatna products • 21 Maharatna products. Facilities 2 Technical Synthesis Plants 6 Formulation Plants 1 Toll Manufacturing Biological Plant 4 R&D Centers.     Manufacturing capabilities     30,900 KLPA Liquid 80,750 MTPA Granules 24,770 MTPA Powder 15,800 MTPA Active Ingredient and Bulk.

Our Business Strengths

 With 4 R&D centers, R&D team continue to emphasize on new innovation in technical and formulation to enhance the efficiency and quality of premium maharatna products.   IIL is strategically positioned to meet the growing demand for sustainable and ecologically responsible crop protection and nutrition solutions through its expertise in biologicals & chemicals. The company has a notable intellectual property portfolio, with 22 patents granted and an additional 17 patents pending.

Revenue Distribution

• Category-Wise Sales Breakup Q2 FY24 vs Q2 FY23 H1 FY24 vs H1 FY23 120% 100% 80% 60% 40% 20% 0% 4% 13% 34% 49% 4% 16% 29% 51% 120% 100% 80% 60% 40% 20% 0% 2% 24% 33% 41% 4% 11% 41% 44% Q2 FY24 Q2 FY23 H1 FY24 H1 FY23 Insecticides Herbicides Fungicides Biological & PGR Insecticides Herbicides Fungicides Biological & PGR • Sales by Segment Q2 FY24 vs Q2 FY23 3% 26% 71% 2% 25% 73% 120% 100% 80% 60% 40% 20% 0% H1 FY24 vs H1 FY23 3% 29% 68% 3% 27% 70% 120% 100% 80% 60% 40% 20% 0% Q2 FY24 Q2 FY23 H1 FY24 H1 FY23 B2C B2B Exports B2C B2B Exports • Maharatna Products V/S Others (B2C) Q2 FY24 vs Q2 FY23 H1 FY24 vs H1 FY23 100% 80% 60% 40% 20% 0% 35% 65% 41% 59% Q2 FY24 Q2 FY23 100% 80% 60% 40% 20% 0% 39% 61% 47% 53% H1 FY24 H1 FY23 Maharatna Sales Other Branded Sales Maharatna Sales Other Branded Sales

Product Freshness Index

IIL is committed to launching new products to keep in touch with the changing needs of agricultural market. The below graph depicts Revenues from new products launched since FY 19 till date. Gross Revenue from New Product Launches (Rs. Mn) 6,000 5,000 4,000 3,000 2,000 1,000 - 696 696 FY19 4,806 1,492 1,347 532 543 892 4,506 332 1,411 1,513 275 359 615 1,203 301 902 1,517 322 433 763 2,151 246 486 549 870 FY20 FY21 FY22 FY23 H1 FY24 Sale of new products launched FY- 2018-19 FY- 2019-20 FY- 2020-21 FY- 2021-22 FY- 2022-23 FY- 2023-24 *Please note that while the Revenue from new products has been tracked since FY13, for brevity purposes we have depicted graphs starting from FY19. The total Revenue from New products launched from FY13 to FY18 is Rs. 1,62,316 lakhs.