BSECompany Update6d ago · 29 Jul 2026, 02:27 pm
Media Release on Unaudited Financial Results for the quarter ended 30th June, 2026
Sharda Cropchem Ltd · 538666
✦ AI Summary▲ PositiveResults
Sharda Cropchem Ltd has announced its unaudited financial results for the quarter ended 30th June 2026, with revenue growth of 9% YoY to Rs. 1,074 crores, EBITDA growth of 25% to Rs. 178 crores, and debt-free position with cash, bank and liquid investments of Rs. 767 crores.
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Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
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Liquidity Impact10/10
Market Sentiment8/10
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Full Announcement
Sharda Cropchem Ltd - 538666 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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29th July, 2026
National Stock Exchange of India BSE Limited
Limited Phiroze Jeejeebhoi Tower,
Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street,
G-Block, Bandra Kurla Complex, Bandra Mumbai – 400 001
(E), Mumbai – 400 051
Trading Symbol: SHARDACROP Scrip Code: 538666
Dear Sir/Madam,
Re.: Media Release on Unaudited Financial Results for the quarter ended June 30,
2026
In continuation of our letter of today’s date on the Standalone and Consolidated Unaudited
Financial Results for the quarter ended June 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
Margin Expansion Continues with growth in NAFTA region
• Revenue growth of 9% YoY to Rs. 1,074 crores;
• EBITDA growth of 25% to Rs. 178 crores;
• Product registrations increased to 3,016, with 1,027 registrations in pipeline;
• Debt-free with Cash, Bank and Liquid Investments of Rs. 767 crores
Mumbai, 29th July 2026
Sharda Cropchem Limited, one of the leading player in the crop protection chemicals industry
has announced its unaudited financial results for the quarter ended 30th June 2026
Consolidated Financial Highlights
Particulars (in Rs. Crs.) Q1 FY27 Q1 FY26 Y-o-Y
Revenue 1,074 985 9%
Gross Profit 394 349 13%
Gross Profit Margin (%) 36.7% 35.5% 120 bps
EBITDA 178 142 25%
EBITDA Margin (%) 16.6% 14.4% 220 bps
Profit Before Tax (prior to forex gains) 111 96 16%
Profit Before Tax* 118 169 (30%)
Profit After Tax* 88 143 (38%)
* Profit Before Tax & Profit After Tax growth was due to higher forex gains in Q1 FY26
Segment Wise Revenue Break up
Particulars (in Rs. Crs.) Q1 FY27 Q1 FY26 Y-o-Y
Agrochemical Segment 915 846 8%
Non-Agro Segment 159 139 15%
Product Wise Revenue Break up
Particulars (in Rs. Crs.) Q1 FY27 Q1 FY26 Y-o-Y
Herbicides 457 420 9%
Insecticides 233 205 13%
Fungicides 225 221 2%
Region Wise Revenue Break up (Agrochemical Business)
Particulars (in Rs. Crs.) Q1 FY27 Q1 FY26 Y-o-Y
Europe 467 523 (11%)
NAFTA 339 256 33%
LATAM 72 47 52%
RoW 37 21 78%
STRONGER, FURTHER.
GROWING GOING
Investor Release
Region Wise Revenue Break up (Non Agrochemical Business)
Particulars (in Rs. Crs.) Q1 FY27 Q1 FY26 Y-o-Y
Europe 19 22 (12%)
NAFTA 121 93 31%
LATAM 5 12 (60%)
RoW 14 12 13%
Key Business Highlights for Q1 FY27
• Agrochemical Segment contributes 85%; Non-Agrochemical Segment contributes 15%
• Agrochemical volumes de-grew by 0.60% in Q1 FY27
• Capex in Q1 FY27 stands at Rs. 263 crores
• Product Registrations stand at 3,016 with 1,027 applications pending at various stages as
on 30th June 2026
• The Company remains Debt free with cash, bank and liquid investments of Rs. 767 crores
Commenting on the Results, Mr. Ramprakash Bubna, Chairman and MD, said,
“We delivered a strong start to FY27, with healthy improvements across our key operating
metrics. During the quarter, revenue grew by 9% year-on-year to Rs. 1,074 crores, while
gross margins expanded by 120 basis points to 36.7%. EBITDA increased 25% to Rs. 178
crores, with EBITDA margin improving 220 basis points to 16.6%. This was mainly due to
improved product mix – several of high value agrochemical molecules grew stronger with
NAFTA and LATAM delivering robust growth and improved profitability
Europe, our largest and historically highest-margin market, witnessed a temporary
moderation during the quarter following an exceptionally strong FY26. This was mainly due
to reduced re-stocking by distributors due to the heat wave across Europe even surfaced
drought situation in the central eastern part of Europe. Despite the same, Agrochemical
margins in Europe improved. We remain confident of a recovery in European volumes over
the coming quarters, backed by our extensive registration portfolio and long-standing
customer relationships.
We continue to maintain our FY27 revenue growth guidance of 10–15% and remain focused
on strengthening our long-term growth platform through sustained investments in our
registration pipeline. Our balance sheet remains robust, with a debt-free position and cash,
bank balances, and liquid investments of Rs. 767 crores, providing us with ample financial
flexibility to pursue future growth opportunities.”
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