NSEPress Release1d ago · 30 Oct 2026, 01:57 pm

Press Release

Sharda Cropchem Limited · SHARDACROP

✦ AI Summary▲ PositiveResults

Sharda Cropchem Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2026, with revenue growth of 13% YoY to Rs. 1,052 crores, EBITDA growth of 18% to Rs. 164 crores, and profit after tax growth of 23% to Rs. 92 crores.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment9/10

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Sharda Cropchem Limited has informed the Exchange regarding a press release dated October 30, 2026, titled "Press release".

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30th October, 2026 National Stock Exchange of India BSE Limited Limited Phiroze Jeejeebhoi Tower, Exchange Plaza, 5th Floor, Plot No. Dalal Street, C/1, Mumbai – 400 001 G-Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: 538666 Trading Symbol: SHARDACROP Dear Sir/Madam, Re.: Media Release on Unaudited Financial Results for the quarter and half year ended September 30, 2026 In continuation of our letter of today’s date on the Standalone and Consolidated Unaudited Financial Results for the quarter and half year ended September 30, 2026, we attach a copy of Media Release being issued by the Company in this regard. We request you to take the same on record. Thanking you, Yours Sincerely, For SHARDA CROPCHEM LIMITED JETKIN GUDHKA COMPANY SECRETARY & COMPLIANCE OFFICER Encl: As above Investor Release Strong Q2 FY27 Performance; Revenue Up 13%, EBITDA Up 18% • Revenue growth of 13% YoY to Rs. 1,052 crores; • EBITDA growth of 18% to Rs. 164 crores; • Product registrations increased to 3,044, with 946 registrations in pipeline; • Debt-free with Cash, Bank and Liquid Investments of Rs. 846 crores Mumbai, 30th October 2026 Sharda Cropchem Limited, one of the leading player in the crop protection chemicals industry has announced its unaudited financial results for the quarter and half year ended 30th September 2026 Consolidated Financial Highlights Particulars (in Rs. Crs.) Q2 FY27 Q2 FY26 Y-o-Y H1 FY27 H1 FY26 Y-o-Y Revenue 1,052 929 +13% 2,125 1,914 +11% Gross Profit 378 321 +18% 772 670 +15% Gross Profit Margin (%) 35.9% 34.5% +140 bps 36.3% 35.0% +130 bps EBITDA 164 139 +18% 343 281 +22% EBITDA Margin (%) 15.6% 15.0% +70 bps 16.1% 14.7% +140 bps Profit Before Tax (excl. forex gains) 108 92 +17% 219 188 +16% Profit Before Tax* 107 86 +25% 226 255 (11%) Profit After Tax* 92 74 +23% 180 217 (17%) * Profit Before Tax & Profit After Tax growth was due to higher forex gains in H1 FY26 Segment Wise Revenue Break up Particulars (in Rs. Crs.) Q2 FY27 Q2 FY26 Y-o-Y H1 FY27 H1 FY26 Y-o-Y Agrochemical Segment 840 803 +5% 1,755 1,649 +6% Non-Agro Segment 212 126 +68% 371 265 +40% Product Wise Revenue Break up Particulars (in Rs. Crs.) Q2 FY27 Q2 FY26 Y-o-Y H1 FY27 H1 FY26 Y-o-Y Herbicides 432 438 (1%) 890 859 +4% Insecticides 263 223 +18% 496 428 +16% Fungicides 144 142 +2% 369 362 +2% Region Wise Revenue Break up (Agrochemical Business) Particulars (in Rs. Crs.) Q2 FY27 Q2 FY26 Y-o-Y H1 FY27 H1 FY26 Y-o-Y Europe 429 463 (7%) 896 985 (9%) NAFTA 227 214 +6% 567 469 +21% LATAM 128 71 +81% 199 118 +69% RoW 55 55 0% 93 76 +22% STRONGER, FURTHER. GROWING GOING Investor Release Region Wise Revenue Break up (Non Agrochemical Business) Particulars (in Rs. Crs.) Q2 FY27 Q2 FY26 Y-o-Y H1 FY27 H1 FY26 Y-o-Y Europe 29 25 +16% 48 47 +3% NAFTA 152 78 +94% 273 171 +60% LATAM 12 11 +6% 17 23 (28%) RoW 19 12 +59% 33 24 +36% Key Business Highlights for Q2 FY27 • Agrochemical Segment contributes 80%; Non-Agrochemical Segment contributes 20% Key Business Highlights for H1 FY27 • Agrochemical Segment contributes 83%; Non-Agrochemical Segment contributes 17% • Capex in H1 FY27 stands at Rs. 419 crores • Product Registrations stand at 3,044 with 946 applications pending at various stages as on 30th September 2026 • The Company remains Debt free with cash, bank and liquid investments of Rs. 846 crores Commenting on the Results, Mr. Ramprakash Bubna, Chairman and MD, said, “I am pleased to report another quarter of healthy growth. In Q2 FY27, revenue grew 13% year- on-year to Rs. 1,052 crores. Gross margins expanded by 140 basis points to 35.9%, and EBITDA rose 18% to Rs. 164 crores. Profit after tax grew 23% to Rs. 92 crores. NAFTA was the standout this quarter. Revenue from the region grew about 30% year-on-year, with significantly better margins. LATAM also did well, with agrochemical revenue up over 80%. Together, these regions more than made up for a softer quarter in Europe. Europe, our largest market, saw a slight moderation this quarter, coming off an exceptionally strong FY26. The weather challenges we highlighted last quarter continued through the September quarter, with extended heat and drought conditions in parts of central and eastern Europe. As a result, distributors have taken a cautious approach to restocking. We see this as a temporary, weather-led impact rather than any change in underlying demand. Our registration portfolio and customer relationships in Europe remain strong, and as conditions normalise, we expect the region to do well in the second half, which is seasonally our stronger period. We continue to maintain our FY27 revenue growth guidance of 10–15%. We also expect EBITDA margins to improve through the year and remain between 18% and 20% for FY27, supported by a better product mix and operating leverage in the second half. We remain focused on strengthening our long-term growth platform. We invested Rs. 419 crores in capex during the first half, in product registrations. We now hold 3,044 registrations, with 946 more in the pipeline. Our balance sheet remains robust: we are debt-free, with cash, bank balances and liquid investments of Rs. 846 crores.” STRONGER, FURTHER. GROWING GOING Investor Release About Us Sharda Cropchem Limited (SCL) is a fast-growing global agrochemicals company with a peer position in the crop protection chemicals industry. Its vast and growing library of dossiers and IPRs provides a solid foundation for growth in the global marketplace, especially in advanced markets such as Europe, North America, and Latin America. It enables to operate globally in a wide range of formulations and active ingredients. The Company’s deep domain knowledge and extensive experience provides a significant competitive edge, enabling to expand businesses, both in existing markets and new geographies. This has further positioned the Company as a prominent player in the field of crop protection chemicals. SCL offers a diverse range of products, including fungicides, herbicides, insecticides, and biocides, to a global clientele. Through its expertise and conviction, SCL has earned a reputation as a trusted partner in the global agricultural industry. The Company continues to support farmers and agricultural businesses across the globe, fostering growth and sustainability in the sector. Safe Harbor Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors. For further information, please contact Company : Sharda Cropchem Limited CIN: L51909MH2004PLC145007 Mr. Shailesh Mehendale, CFO - cfo@shardaintl.com / finance@shardaintl.com Tel: +91 22 6678 2800 Investor Relations : Strategic Growth Advisors CIN: U74140MH2010PTC204285 Mr. Deven Dhruva / Mr. Ronak Jain – deven.dhruva@sgapl.net / ronak.jain@sgapl.net Tel: +91 98333 73300 / +91 98209 50544 STRONGER, FURTHER. GROWING GOING