Sharda Cropchem Ltd.
NSE: SHARDACROP · 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 ₹581 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 268.7x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, 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 ₹630.50 on 2026-10-26: -51.4% from the 52-week high, 0.0% 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 | 777 | 929 | 1,829 | 985 | 929 | 1,289 | 2,065 | 1,074 |
| EBITDA | 90 | 115 | 303 | 215 | 133 | 241 | 487 | 186 |
| OPM % | 11.5% | 12.3% | 16.6% | 21.9% | 14.3% | 18.7% | 23.6% | 17.3% |
| Other income | 25 | 1 | 25 | 32 | 29 | 21 | 22 | 35 |
| Net profit | 42 | 31 | 204 | 143 | 74 | 145 | 319 | 88 |
| EPS (₹) | 4.70 | 3.45 | 22.57 | 15.83 | 8.24 | 16.09 | 35.32 | 9.76 |
| Revenue YoY | +19.6% | +38.7% | +12.9% | +9.0% | ||||
| Profit YoY | +75.2% | +365.9% | +56.5% | -38.3% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3,580 | 4,045 | 3,163 | 4,320 | 5,268 | 5,357 |
| EBITDA | 683 | 643 | 283 | 596 | 1,076 | 1,047 |
| Net profit | 349 | 342 | 32 | 304 | 681 | 626 |
| EPS (₹) | 38.71 | 37.90 | 3.53 | 33.74 | 75.47 | 69.41 |
| Revenue growth | +13.0% | -21.8% | +36.6% | +21.9% | +18.5% | |
| Profit growth | -2.1% | -90.7% | +854.8% | +123.7% | +49.1% | |
| Dividend / share (₹) | 6.00 | 6.00 | 3.00 | 6.00 | 12.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +9.2% | +17.1% | +18.5% |
| Net profit | +25.8% | +24.3% | +49.1% |
| EPS | +25.8% | +24.3% | – |
| Share price | – | +6.7% (2y) | -19.4% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 2,232 | 2,237 | 2,501 | 3,136 |
| Borrowings | – | 3 | 3 | 0 | 0 |
| Cash & equivalents | – | 214 | 247 | 515 | 581 |
| Total assets | – | 4,351 | 4,038 | 4,725 | 5,780 |
| Fixed assets | – | 5 | 18 | 10 | 3 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 1,833 | 1,498 | 1,955 | 2,389 |
| Inventory | – | 1,134 | 992 | 972 | 1,120 |
| Payables | – | 1,378 | 921 | 1,310 | 1,499 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 267 | 328 | 341 | 604 | 656 |
| Cash from investing | -208 | -145 | -393 | -510 | -513 |
| Cash from financing | -91 | -97 | -37 | -68 | -118 |
| Capex | 234 | 244 | 272 | 393 | 497 |
| Free cash flow | 33 | 84 | 69 | 211 | 158 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 15.3% | 1.4% | 12.2% | 21.7% |
| ROCE % | – | 19.5% | 3.4% | 15.2% | 27.3% |
| Debtor days | – | 165 | 173 | 165 | 166 |
| Inventory days | – | 145 | 155 | 117 | 121 |
| Payable days | – | 176 | 144 | 158 | 162 |
| Cash conversion cycle (days) | – | 134 | 184 | 124 | 125 |
| Working capital days | – | 116 | 157 | 135 | 142 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 74.82% |
| FIIs | 3.27% |
| DIIs | 9.22% |
| of which Mutual funds | 8.91% |
| Public (non-institutions) | 12.69% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 74.82% | 74.82% | 74.82% | 74.82% | 74.82% | 74.82% | 74.82% | 74.82% |
| Promoter group | % |
|---|---|
| Manish Ramprakash Bubna | 16.83% |
| Ashish Ramprakash Bubna | 16.83% |
| Sharda Ramprakash Bubna | 15.62% |
| Ramprakash Vilasrai Bubna | 15.58% |
| Anisha Manish Bubna | 4.99% |
| Seema Ashish Bubna | 4.99% |
| Public holders above 1% | % |
|---|---|
| HDFC Mutual Fund - HDFC Aggressive Hybrid Fund | 7.15% |
| DSP Small CAP Fund | 1.48% |
75,739 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% |
| GSPCROP | ₹2,010 cr | 17.3x | 2.6x | -0.4% | 15.9% | 11.9% | – | 0.15% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Agrochemicals | ₹4,717 cr | 89.5% | ₹685 cr | 14.5% |
| Non-Agrochemicals | ₹551 cr | 10.5% | ₹144 cr | 26.1% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-07 | Dividend | Dividend - Rs 9 Per Share |
| 2026-02-06 | Dividend | Interim Dividend - Rs 6 Per Share |
| 2025-08-07 | Dividend | Dividend - Rs 6 Per Share |
| 2025-02-06 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2024-08-02 | Other | Annual General Meeting |
| 2024-08-02 | Dividend | Dividend - Rs 3 Per Share |
| 2023-08-01 | Dividend | Dividend - Rs 3 Per Share |
| 2023-08-01 | Other | Annual General Meeting |
| 2023-02-07 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2022-07-25 | Dividend | Dividend - Rs 3 Per Share |
| 2022-02-02 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2021-07-20 | Dividend | Dividend - Rs 3 Per Share |
| 2020-11-09 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2020-09-21 | Other | Annual General Meeting |
| 2020-03-05 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2020-01-31 | Dividend | Interim Dividend Rs 2 Per Share |
| 2019-08-16 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2019-02-04 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2018-08-20 | Dividend | Annual General Meeting/Dividend Rs 2/- Per Share |
| 2017-11-06 | Dividend | Interim Dividend - Rs 2/- Per Share |
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
- Agrochemicals: Agrochemical trading and distribution services
| Sector | Commodities |
| Industry | Pesticides & Agrochemicals |
| Sub-industry | Pesticides & Agrochemicals |
| Symbol | SHARDACROP |
| BSE code | 538666 |
| ISIN | INE221J01015 |
| Face value | ₹10.0 |
| Incorporated | 2004-03-12 |
| Website | www.shardacropchem.com |
| Plants (India / abroad) | 0 / 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.