Indogulf Cropsciences Ltd — earnings calls

Indogulf Cropsciences reported an 11% year-over-year decline in consolidated revenue to Rs 168.5 crores for Q1 FY27, which management attributed to delayed and uneven monsoons affecting sowing, crop protection demand, and dealer inventory decisions. Gross margin improved to 28% from 22% and EBITDA margin improved to 5.7% from 5.2% year-over-year, while profit after tax declined to Rs 2.4 crores from Rs 3.9 crores. Management also discussed capacity utilization rising to 70%, progress on international registrations, and an increase in captive technical consumption to 34%.

Indogulf Cropsciences reported Q4 FY26 revenue of Rs 151 crore, up 19% year-on-year, while EBITDA margin declined to 13.5% from 16.5% due to higher employee costs and input price volatility. For the full year FY26, revenue grew 19% to Rs 705 crore with PAT growing 27% to Rs 40 crore. Management discussed capacity utilization improving to 52%, ongoing expansion at the Barwasni facility, new export markets including Venezuela and Taiwan, and monitored risks from potential El Nino conditions and geopolitical tensions affecting raw material costs.