Punjab Chem & Crop Prot L
NSE: PUNJABCHEM · Pesticides & Agrochemicals · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 29 companies in Pesticides & Agrochemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹15 cr vs borrowings ₹154 cr (FY26): borrowings are higher by ₹139 cr.
- Operating profit covered interest 6.1x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 17% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹975.60 on 2026-10-26: -36.4% from the 52-week high, +11.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 242 | 214 | 202 | 320 | 255 | 247 | 209 | 347 |
| EBITDA | 26 | 19 | 21 | 34 | 26 | 27 | 28 | 41 |
| OPM % | 10.6% | 9.0% | 10.5% | 10.8% | 10.3% | 11.1% | 13.2% | 11.8% |
| Other income | 2 | 0 | 0 | 4 | 6 | 2 | 2 | 1 |
| Net profit | 12 | 6 | 7 | 21 | 19 | 14 | 11 | 22 |
| EPS (₹) | 10.09 | 4.95 | 5.75 | 16.83 | 15.12 | 11.26 | 8.96 | 18.00 |
| Revenue YoY | +5.4% | +15.3% | +3.1% | +8.7% | ||||
| Profit YoY | +49.9% | +127.5% | +55.7% | +7.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 933 | 1,006 | 934 | 901 | 1,030 | 1,058 |
| EBITDA | 140 | 123 | 113 | 95 | 116 | 122 |
| Net profit | 83 | 61 | 54 | 39 | 64 | 65 |
| EPS (₹) | 68.07 | 49.84 | 43.70 | 31.75 | 52.17 | 53.34 |
| Revenue growth | +7.8% | -7.2% | -3.6% | +14.4% | +8.2% | |
| Profit growth | -26.8% | -12.3% | -27.3% | +64.3% | +41.8% | |
| Dividend / share (₹) | 2.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +0.8% | +8.7% | +8.2% |
| Net profit | +1.5% | +5.4% | +41.8% |
| EPS | +1.5% | +5.4% | – |
| Share price | – | -8.0% (2y) | -27.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 281 | 330 | 365 | 423 |
| Borrowings | – | 94 | 123 | 168 | 154 |
| Cash & equivalents | – | 13 | 17 | 20 | 15 |
| Total assets | – | 616 | 640 | 801 | 823 |
| Fixed assets | – | 221 | 232 | 249 | 271 |
| Capital work in progress | – | 19 | 12 | 13 | 17 |
| Investments | – | 1 | 1 | 2 | 2 |
| Receivables | – | 143 | 197 | 235 | 204 |
| Inventory | – | 168 | 133 | 222 | 246 |
| Payables | – | 139 | 118 | 201 | 173 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 34 | 58 | 30 | 25 | 86 |
| Cash from investing | -27 | -36 | -36 | -30 | -44 |
| Cash from financing | -11 | -20 | 4 | 12 | -44 |
| Capex | 33 | 37 | 33 | 34 | 46 |
| Free cash flow | 2 | 21 | -3 | -8 | 40 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 21.8% | 16.2% | 10.7% | 15.1% |
| ROCE % | – | 28.5% | 20.7% | 13.4% | 17.5% |
| Debtor days | – | 52 | 77 | 95 | 72 |
| Inventory days | – | 97 | 85 | 151 | 145 |
| Payable days | – | 80 | 75 | 136 | 102 |
| Cash conversion cycle (days) | – | 69 | 87 | 110 | 115 |
| Working capital days | – | 42 | 55 | 71 | 62 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 39.24% |
| FIIs | 6.66% |
| DIIs | 0.74% |
| of which Mutual funds | 0.01% |
| Public (non-institutions) | 53.37% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 39.22% | 39.22% | 39.22% | 39.22% | 39.22% | 39.24% | 39.24% | 39.24% |
| Promoter group | % |
|---|---|
| Hemsil Trading and Manufacturing Pvt. Ltd. | 32.76% |
| Shalil ShashiKumar Shroff | 1.88% |
| Hemal Raju Shete | 1.74% |
| Rupam Shalil Shroff | 1.69% |
| Salil ShashiKumar Shroff HUF | 0.63% |
| Malvika Shalil Shroff | 0.29% |
| Ishika Shalil Shroff | 0.25% |
| Public holders above 1% | % |
|---|---|
| Demuric Holdings Private Limited | 19.56% |
| Ares Diversified | 4.89% |
| Excel Industrieslimited | 4.77% |
| Arial Holdings 1 | 1.41% |
19,437 shareholders. Pledged: 0.00% of promoter shares.
Peers in Pesticides & Agrochemicals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| UPL | ₹42,056 cr | 20.6x | 1.2x | 6.3% | 11.9% | 17.8% | -1.1% | 1.16% |
| PIIND | ₹30,704 cr | 26.3x | 2.7x | 10.5% | 13.3% | 25.3% | +1.1% | 0.74% |
| SUMICHEM | ₹17,685 cr | 30.5x | 5.2x | 18.4% | 23.1% | 21.4% | -2.7% | 0.33% |
| BAYERCROP | ₹15,009 cr | 20.5x | 5.1x | 25.2% | 31.7% | 16.0% | +3.4% | 3.75% |
| SHARDACROP | ₹5,688 cr | 9.1x | 1.8x | 22.2% | 25.8% | 19.5% | +9.2% | 1.91% |
| DHANUKA | ₹3,709 cr | 14.0x | 2.2x | 17.4% | 21.1% | 19.2% | +5.9% | 0.25% |
| RALLIS | ₹3,664 cr | 19.1x | 1.7x | 9.3% | 12.4% | 11.9% | -0.8% | 1.34% |
| NACLIND | ₹2,650 cr | 221.7x | 3.9x | 2.2% | 6.0% | 5.8% | -9.2% | – |
| BHAGCHEM | ₹2,512 cr | 91.4x | 3.6x | 4.0% | 6.1% | 13.0% | +2.2% | 0.07% |
| PUNJABCHEM | ₹1,196 cr | 18.3x | 2.8x | 16.6% | 17.9% | 11.5% | +0.8% | 0.31% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-17 | Dividend | Dividend - Rs 3 Per Share |
| 2025-07-18 | Dividend | Dividend - Rs 3 Per Share |
| 2024-07-25 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2023-07-27 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2022-08-01 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2021-08-03 | Dividend | Dividend - Rs 2 Per Sh |
| 2020-09-16 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2019-08-01 | Dividend | Annual General Meeting/ Dividend - Rs 1.50 Per Share |
| 2018-09-11 | Other | Annual General Meeting |
| 2017-09-01 | Other | Annual General Meeting |
| 2016-08-31 | Other | Annual General Meeting |
| 2015-09-02 | Other | Annual General Meeting |
| 2014-09-12 | Other | Annual General Meeting |
| 2013-08-28 | Other | Annual General Meeting |
| 2012-12-20 | Other | Annual General Meeting |
| 2011-08-29 | Other | Annual General Meeting |
| 2010-08-03 | Other | Annual General Meeting |
| 2009-09-15 | Other | Agm/Div-Rs.1.50 Per Share |
| 2008-08-20 | Dividend | Agm/Dividend - 40% |
| 2007-08-16 | Dividend | Agm/Dividend-25% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products
| Sector | Commodities |
| Industry | Pesticides & Agrochemicals |
| Sub-industry | Pesticides & Agrochemicals |
| Symbol | PUNJABCHEM |
| BSE code | 506618 |
| ISIN | INE277B01014 |
| Face value | ₹10.0 |
| Incorporated | 1975-11-19 |
| Website | www.punjabchemicals.com |
| Plants (India / abroad) | 3 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.