**1. Business Performance:** Insecticides (India) Ltd. reported FY26 revenue of 2,140 Cr, a 7% increase year-on-year.

Gross Profit grew 5% to 675 Cr, with Gross Profit Margin at 31.5%. EBITDA increased 3% to 227 Cr (10.6% margin). Net Profit after Tax saw a slight 2% decline to 139 Cr, though the company highlights a three-year improvement in overall profitability and capital efficiency.

Premium products now constitute 58% of B2C sales. **2. Growth Drivers or Strategy:** The company is focused on a premiumization drive, expanding its portfolio of high-margin products and aggressively launching new technologies through in-house R&D and international collaborations.

Key strategies include strengthening crop-based solutions, integrated manufacturing for cost competitiveness, and broadening its distribution network for deeper market access. **3. Recent Developments:** IIL acquired Kaeros Research Limited to expand its dealer ecosystem and enhance distribution depth.

The company also announced a collaboration with Corteva Agriscience to broaden its crop solutions portfolio with differentiated offerings.

They've invested in digital initiatives like 'IIL 360' for field teams and 'IIL Pariwar' for distributors. **4. Management Commentary / Outlook:** Management priorities include elevating the portfolio mix for premium products, leveraging international partnerships, and enhancing margin stability through operational efficiency.

The company plans to strengthen R&D and brand equity while accelerating new product launches to capture emerging agricultural opportunities and drive sustainable growth.