Indofil Industries ltd Share Price

Indofil Industries Limited Unlisted Share - Company Overview

INDOFIL INDUSTRIES LIMITED(Indofil) is one of the largest players in the agricultural Chemicals as well as Industrial Chemicals segment. Indofil Industries Limited has now a well-equipped manufacturing infrastructure, an experienced Research and Development team, and an excellent distribution network in the global marketplace.

Indofil Industries Limited is now present in more than 120 countries. Indofil Industries Limited is a successful marketer of Insecticides in India. The company is a promoter of the “Crop Care Concept”, where the needs and problems of the crops are identified and attempts are made to fulfill all the needs and solve the problems in a systematic approach.

Indofil Industries Limited is also a leader in the manufacturing of specialty performance chemicals and supplies its products to a wide variety of small, medium, and large industrial manufacturers across the globe. The Specialty and Performance Chemical Division (SPCD) is headquartered in Mumbai and its manufacturing facilities are located in Thane, Vashi(Navi Mumbai), and Vapi in Gujarat.

The company has started a new initiative called “IndoLife Super Specialities”, in which they will work mainly to improve the return on investments for farmers by providing research-based innovative solutions. The department will address various issues at different stages of crop growth.

Indofil Industries Limited Details as of March 31, 2024

Incorporation Details of Indofil Industries Limited

Particulars of Subsidiary and Associate Companies of Indofil Industries Limited

Board of Directors of Indofil Industries Limited

Dr. Bina Modi (Chairperson and Managing Director)

Ms. Charu Modi (Executive Director)

Mr. Samir Modi (Non-Executive and Non-independent director)

Ms. Aliya Modi (Non-Executive and Non-independent director)

Mr. Sunil K. Alagh (Non-Executive and Independent Director)

Mr. M. N. Thakkar (Non-Executive and Independent Director)

Mr. Sanjay Buch (Non-Executive and Independent Director)

Mr. S. Lakshminarayanan, IAS(Retd.) (Non-Executive and Independent Director)

Dr. Atchutuni L. Rao (Whole-time Director)

Principal Business Activities of Indofil Industries Limited

Shareholding Pattern of Indofil Industries Limited (As of 31-03-2024).

Industry Outlook

Agro Chemical is the second largest and the fastest growing segment in the Indian agri-input industry. With the recent outbreak of Covid-19, almost all the sectors of the economy are affected, leaving out only a few niche segments. Sectors that produce raw materials like agrochemicals including pesticides and insecticides are currently in high demand as agriculture and other allied activities are defined as essential commodities in the country. Pests and diseases, on average, destroy around 20-25% of the total food produced in India. India has been losing agricultural production worth Rs 1.48Lakh crore annually, due to the damage caused by pests, weeds, and plant diseases. Agrochemicals act as a key input for crop protection and better yield. As per a report, the cost of pesticides is roughly around 0.4% of the total cost incurred by farmers.

The global market for agrochemicals is expected to grow at a cagr of 4.3% between 2019 and 2024and can reach $299.8billion by 2024. The industry is being significantly shaped by new developments such as precision farming, integrated pest management (IPM), and off-patent products. India is the 4thlargest producer of agrochemicals after the United States, Japan& China. The agrochemicals industry is broadly classified into insecticides, herbicides, fungicides, rodenticides, biopesticides, and nematicides. Demand for Insecticides constitutes around 60% of the overall demand in the industry. Maximum consumption of crop protection chemicals arises from the state of Andhra Pradesh, followed by states like Maharashtra, Punjab, Madhya Pradesh, Chhattisgarh, Gujarat, Tamil Nadu, and Haryana.

The future of agrochemicals is bright. And the growth can be attributed to global population growth, growing impetus to prevent crop loss and increase yields, and rising consumer demands for sustainably produced food. However, there are some factors that can slow down the growth of the industry. These factors are Longer product development cycles and escalating costs, Increasing severity of regulatory requirements, and Government farm subsidy reduction.

FAQS ON INDOFIL INDUSTRIES LTD UNLISTED SHARES

Q1) Is Indofil Industries Ltd listed on BSE and NSE?

No, Indofil Industries is not listed on BSE and NSE, it is an unlisted stock.

Q2) What is the lot size of Indofil Industries Limited's unlisted share?

The lot size of Indofil Industries Limited's unlisted shares is 50 shares.

Q3) What is the current Indofil Industries Ltd share price?

Being an active stock Indofil Industries Ltd.'s share price keeps changing frequently, to get the latest updates on 
Indofil Industries share price you can visit us at wwipl.com or contact us 

Q4) Does Indofil Industries Ltd give Dividends?

Yes, Indofil Industries Ltd has given Dividend for the past many years.