AIMCO PESTICIDES LTD

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BSE Code: 524288       NSE Code: AIMCOPEST

Business Profile
Business Profile
Mumbai based Aimco Pesticides (AIMCO) was incorporated in the year 1987. It manufactures technical grade pesticides, formulation of liquids, powders and granules, pesticide formulations, technical consultancy, turnkey projects for pesticide formulations, technical grade pesticides, NPK granulated fertilizer and export of pesticides. The company also produces fine chemicals like 2-amino pyridine, 2,6-diamino pyridine, 4-amino pyridine, 2-vinyl pyridine and zinc pyrethion. The company is a partner of the All India Medical Corporation (AIMC). Aimco Pesticides is an ISO 9002 certified pesticides manufacturing company.

Aimco has one of the largest chlorpyrifos manufacturing plants with a capacity of 900 mtpa. Aimco had first set up a plant with a capacity of 36 mtpa, before setting up a full-scale 900 M.T per annum plant.

Aimco is also engaged in executing turnkey jobs for setting up pesticide formulation units, it has executed an order of Rs 7.5 million (USD 0.21 million) in Bangkok, Thailand. It is currently finalizing an order of USD 20 million in the Middle East, for which an MOU and tripartite agreement has already been signed.

Aimco Pesticides set-up a fully automatic liquid formulation plant having capacity of 1.5 million litters per annum. It introduced a Chlorpyriphos and Cypermethrin combination product in the domestic market (Anaconda 505 TM). This is a combination product introduced for the first time in India.

It amalgamated Savitri Pesticides and Agrochem with itself and also merged Vayaz Indian Pesticides with itself in 1995. Savitri Pesticides and Agrochem had earlier taken over the business of All India Medical Corp.

The company introduced 5-S and Kaizen Quality Systems at Lote-Parshuram plant. In 2000, the company agreed to acquire up to 50% of the equity share capital of Hibiscus Net.

Financials
Aimco Pesticides announced that loss for the quarter ended in September 2007 has widened 15.14 times.

Net Sales declined 34.09% to Rs 40.60 million for the quarter ended September 2007 from Rs 61.60 million for the quarter ended September 2006.

Total income dipped 35.25% to Rs 41.70 million for the quarter ended September 2007 from Rs 64.40 million for the quarter ended September 2006.

The losses per share (LPS) of the company stood at Rs 1.15 in the quarter ended September 2007.

Other Information
Annual Reports for AIMCO PESTICIDES LTD
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2022-23
2021-22
2020-21
2019-20
2018-19
2017-18
2016-17
2015-16
2014-15
2013-14
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1998-99
1997-98
1996-97

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