Insecticides India Ltd registers a Profit Growth of 37% this Fiscal

New Delhi, May 28: Insecticides (India) Ltd (IIL), India’s leading agro chemicals manufacturing company, reported robust growth in the fiscal ending March 2015, riding on increasing penetration across the country and variety of new products to meet different requirements of Indian farmers.

IIL clocked an increase in net profit of 37 % as against the last financial year, with the net income of the company rising 12 % against the 2013-14 fiscal. At the same time, the quarterly results at the end of March 31, 2015 showed an increase in net income of almost 20 % as against the quarter ending March 31, 2014.

The company’s net income from sales during the period April, 2014 to March 2015 stood at Rs 964.19 crore as against Rs 864.08 crore during the preceding financial year. As compared to Rs 135.24 crore net income from sales in the quarter ending march 2014, the quarter ending March 31, 2015 produced a net income of Rs 160.84 crore.

IIL recorded impressive growth across all key performance indicators including Turnover, Profit after Tax (PAT) as well as Earning per Share (EPS).

The basic and diluted EPS this fiscal stood at Rs. 43.26 as against Rs. 31.50 in the corresponding period of last year, a growth rate of 37 %.

Mr. Rajesh Aggarwal, Managing Director, Insecticides India Ltd. (IIL), said he expects growth to be even better this year.

“Last year the climatic conditions were erratic, and farmers also suffered losses due to less rainfall during the kharif season and excess rainfall during the Rabi season. Still, IIL has registered impressive growth. The annual figures are encouraging and clearly indicate a continued growth of market for our products. Our efforts to achieve greater penetration and raise awareness among farmer about judicious use of agrochemicals have brought rich dividends for us. The products launched over the past 2-3 years including Hakama, Pulsor, Xplode and Logo have led the growth figures. With predictions of a timely monsoon, we expect to continue on the growth trajectory,” he said.

The leading and most popular brands in the kitty of IIL include Nuvan, Pulsor, Hakama, Lethal, Victor, Thimet and Monocil. Last year, IIL launched Mycoraja, its first bio-product equipped to promote healthy growth and greater nutrient absorption in a wide range of crops from rice, wheat and vegetables to oilseeds as well as cotton.

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Post Budget Reaction comment from Insecticides India Ltd.

Mr. Rajesh Aggarwal, Managing Director, Insecticides India Ltd said ,”The Finance Minister has rightfully recognized the stress on agriculture incomes and put emphasis on investing in rural infrastructure. The allocation of Rs. 5,300 crore towards micro-irrigation, watershed development initiatives is a particularly welcome measure.

We all know that a bulk of our population is dependent on the farm sector and the farm sector in turn is heavily dependent on the monsoon. A rainfall deficit always affects the farm sector and the agro chemical industry. This dependence on monsoon should reduce and we need a thrust on building micro-irrigation facilities which is there in the budget.


Another positive scheme that the government has announced is the soil health card scheme that aims to improve soil fertility. We are optimistic about this scheme and believe it will be highly beneficial to farmers. Besides, we also appreciate the budget’s thrust on manufacturing in line with ‘Make in India’.

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Insecticides India Ltd bags “Innovation100” award by Inc India

Insecticides India Ltd bags “Innovation100” award by Inc India

· Adjudged winner under the category “Innovation in Marketing”

New Delhi: Insecticides India Ltd (IIL), a leading agrochemical company which manufactures and markets several popular and international brands, has been conferred with the prestigious “Innovation100” award by Inc India*, the flagship publication of 9.9 media.

The company was declared winner under the category “Innovation in Marketing” for aggressive branding and marketing. The award recognizes the effort in pushing forward the company’s brand vociferously through innovative and unique measures.

“It is a moment of pride for us to have been conferred with such a prestigious award. The award is a testimony to our efforts towards making ILL a brand in the market. The company was started in 2002 and today it is a known agrochemical company in India and abroad. Our branding and marketing initiatives have played a major role in letting the company reach a position where it is today,” said Mr. Rajesh Aggarwal, MD, IIL.

IIL had been the first company in the country to have roped in Bollywood stars for brand promotion. Under its marketing initiative, the company had in the last few years entered into alliances with Japan’s Nissan to market its patented product Pulsor and Hakama and American Vanguard Corporation of the US for manufacturing and marketing its well-known brands Thimet and Nuvan in India.

Innovation 100 is a unique attempt of Inc India* to capture the role of mid-sized business community in the innovation journey of India by highlighting and celebrating 100 mid-sized companies that have demonstrated a flair for impactful innovation.



About Insecticides (India) Ltd

Insecticides (India) Ltd. (IIL) is a BSE & NSE Listed India’s leading and one of the fast growing agro chemicals manufacturing company. IIL has emerged as a front line performer in India’s crop care market with a top line of 650 Cr in last fiscal (2012-13) and is all set to touch 950 Cr this fiscal, growing at the handsome rate.

The company owns the prestigious Tractor Brand which is highly popular among the farmers. This umbrella brand of its agro products signifies the company’s deep connection with the farming community. The largest selling brands of IIL include Lethal, Victor, Thimet, Indan 4G, Hijack and Sharp.

The company has also entered into Technical and marketing MoU with American Vanguard Corporation (AMVAC), USA to manufacture and market “Thimet” and most recently “Nuvan”, an insecticide that is a household name in India.

The company has state-of-the-art formulation facilities in Chopanki (Rajasthan), Samba & Udhampur (Jammu & Kashmir) and Dahej (Gujarat). IIL also has technical synthesis plants at Chopanki and Dahej to manufacture technical grade chemicals such as Imidacloprid, Acetamiprid, Dichlorovos, Lambdacyhalothrin, D-Trans Allethrin, Glyphosate, Butachlor and Thiamethoxam etc. Providing the competitive edge by backward integration.

In 2012, IIL entered into a tie up with Japan’s Nissan Chemicals Industries Ltd to launch Pulsor, a patented fungicide for Paddy and Hakama, an advanced selective herbicide, in the Indian market.

Most recently, the company has also partnered with Japan-based Otsuka AgriTechno Co. Ltd (OAT) to set up a Joint Venture (JV) for research and development (R&D) of new agrochemical molecules. The two companies are setting up a state-of-the-art Research Centre in Bhiwadi, Rajasthan, which will employ both Japanese and Indian researchers.

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