Sharda Cropchem Ltd
NSE:SHARDACROP
Sharda Cropchem Ltd
Sharda Cropchem Ltd. is a holding company, which engages in the marketing and distribution of formulations and generic active ingredients. The company is headquartered in Mumbai, Maharashtra and currently employs 175 full-time employees. The company went IPO on 2014-09-23. The firm is principally engaged in export of agro chemicals and non-agro products to various countries across the world. The firm operates through two segments: Agrochemicals and Non Agrochemicals. Its Agrochemicals segment is engaged in the marketing and distribution of formulations and generic active ingredients across insecticides, herbicides, fungicides and biocides for protecting various kinds of crops as well as serves turf and specialty markets. Its Non Agrochemicals segment is engaged in the order-based procurement and supply of conveyor belts, V belts and timing belts, dyes and dye intermediates, and general chemical. The company supplies its non-agro products to over 30 countries across Europe, North America, Latin America, Australia, and Asia. Its subsidiaries include Axis Crop Science Private Limited, Sharda Peru SAC, Sharda Del Ecuador CIA. Ltda., Sharda Polska SP. Z.O.O., Sharda Ukraine LLC and others.
Sharda Cropchem Ltd. is a holding company, which engages in the marketing and distribution of formulations and generic active ingredients. The company is headquartered in Mumbai, Maharashtra and currently employs 175 full-time employees. The company went IPO on 2014-09-23. The firm is principally engaged in export of agro chemicals and non-agro products to various countries across the world. The firm operates through two segments: Agrochemicals and Non Agrochemicals. Its Agrochemicals segment is engaged in the marketing and distribution of formulations and generic active ingredients across insecticides, herbicides, fungicides and biocides for protecting various kinds of crops as well as serves turf and specialty markets. Its Non Agrochemicals segment is engaged in the order-based procurement and supply of conveyor belts, V belts and timing belts, dyes and dye intermediates, and general chemical. The company supplies its non-agro products to over 30 countries across Europe, North America, Latin America, Australia, and Asia. Its subsidiaries include Axis Crop Science Private Limited, Sharda Peru SAC, Sharda Del Ecuador CIA. Ltda., Sharda Polska SP. Z.O.O., Sharda Ukraine LLC and others.
Record Profit: Sharda Cropchem reported its highest-ever quarterly profit after tax (PAT) at INR 145 crores in Q3, up 366% year-on-year.
Revenue Growth: Q3 revenue rose 39% year-on-year to INR 1,289 crores, driven by strong volume growth and improved product mix.
Margin Expansion: Gross margin expanded by 220 basis points to 34.9% in Q3, with EBITDA margin reaching 19.1%.
Sustained Momentum: Management expects continued strong growth in Q4 FY '26 and into FY '27, maintaining gross and EBITDA margin guidance.
Positive Industry Trends: The global agrochemical market is recovering, with normalized inventories and gradual price improvement.
Strong Cash Position: The company is net debt-free with INR 826 crores in cash and liquid investments as of December 2025.
Dividend Announced: An interim dividend of INR 6 per share was declared for the quarter.
Guidance Maintained: Volume and revenue growth of 15–20% are targeted for FY '27, with continued CapEx investment in registrations.
