NSE:INSECTICID management interview: Working Capital Pressure, Inventory Reset & Margin Stability: Real Story Behind Insecticides India
ET Now, 2026-06-15. Video: https://www.youtube.com/watch?v=mDRE3Fq3aac
- Fiscal growth outlook: The company remains confident of achieving double-digit revenue growth this fiscal year across various crop segments, with growth expected to pick up during the June–August months despite regional monsoon variations.
- New product launches: Insecticides India plans 5–6 launches mainly in the first half, including two Corteva products in the Maharatna range, which are expected to contribute at least ₹100 crore to the B2C business with contribution margins above 30%.
- Maharatna portfolio expansion: Management aims to raise the revenue share of high-margin Maharatna products to over 70% within three to four years, up from over 60% currently in the B2C segment.
- Working capital controls: To prevent repeat goods returns, the company is dispatching inventory in phased, smaller quantities aligned with ground-level demand, anticipating total inventory levels to drop starting from the June quarter.
- Export and CRAMS expansion: The company targets reaching a double-digit revenue contribution from exports in two to three years at 10–15% EBITDA margins, driven by technical sales, new overseas registrations, and commencing supplies under CRAMS contracts.