India Pesticides Ltd (IPL) Q4FY26 Management Mirror - Mar-2026 Qtr
Revenue & Growth Outlook
Management now expects near-term revenue growth in the range of 15% to 20% (Mar'26 Qtr concall), a slight downward revision from the 20% to 25% targeted in the Dec'25 Qtr and the "at least 20%" guided in the Sep'25 Qtr. Long-term, the company reaffirmed its target to reach INR 3,000 crore in revenue by Mar'31. The revenue mix strategy of achieving INR 1,000 crore from the Shalvis subsidiary and the balance from existing plants/formulations remains consistent across all quarters. [Status: Downgraded]
5 more themes on the ELITE plan.