MarketFriction

Sharda Cropchem Ltd

NSE SHARDACROP · BSE 538666 · Pesticides & Agrochemicals
₹709.20 -1.98%
NSE close2026-10-01
52 week range716.00 - 1,297.00
Market cap₹6,509 Cr.
P/E10.4
IPO 2014 · +355% since Microcap 250 Price band 20% Delivery 56.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales5816321,3127857779291,8299859291,2892,0651,074
Expenses5605631,0577086878151,5257707961,0481,578888
Operating Profit21692557790115303215133241487186
OPM %3.6%11%19%10%12%12%17%22%14%19%24%17%
Other Income2412-219251253229212235
Interest510100010002
Depreciation7469546569697278768387100
Profit before tax-341219831464625616986179422118
Tax %-18%62%28%11%7%32%20%16%13%19%24%26%
Net Profit-2851432742312041437414531988
EPS in Rs-3.060.5115.903.024.703.4522.5615.838.2416.0935.329.76
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,2221,3991,7071,9982,0032,3963,5804,0453,1634,3205,2685,357
Expenses9411,0751,3431,6211,6531,9452,8843,3862,8603,7054,2094,310
Operating Profit2813243643763504506966593036151,0591,047
OPM %23%23%21%19%17%19%19%16%10%14%20%20%
Other Income23149-22-124629406060142108
Interest891520161615202421213
Depreciation35567099137170245248267275325347
Profit before tax26127228723518530946443172378856805
Tax %33%30%34%25%11%26%25%21%56%20%20%
Net Profit17519019117616522934934232304681626
EPS in Rs19.4121.1121.1419.5518.2525.4038.7137.903.5333.7475.4769.41
Dividend Payout %21%19%19%20%22%20%16%16%85%27%20%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth16%17%9%19%
Compounded Profit Growth14%24%26%49%
Stock Price CAGR7%17%20%-12%
Return on Equity16%15%13%23%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital909090909090909090909090
Reserves5647158701,0451,1941,3131,5241,8222,1422,1472,4103,046
Borrowings382017000814731880
Other Liabilities3545226869149149401,1631,7792,1081,7732,2052,620
Total Liabilities1,0471,3291,6462,2192,1982,3432,8583,7384,3434,0284,7135,757
Fixed Assets88130210226372416544592668708750989
CWIP149210232360220161131212204283291247
Investments959061222121168313432159294361
Other Assets7158991,1431,6111,3941,6502,0992,8003,4392,8783,3774,159
Total Assets1,0471,3291,6462,2192,1982,3432,8583,7384,3434,0284,7135,757
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4619718117556146246267328341604656
Cash from Investing Activity-19-113-104-160-351-59-282-205-112-393-496-445
Cash from Financing Activity-24-89-38132-215-6043-91-97-37-68-118
Net Cash Flow3-640-11-11278-29120-894093
Free Cash Flow-3419639-185413-3015338469211158
CFO/OP58%95%73%27%169%60%68%49%60%129%103%68%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days156185175191148180177157165173165166
Inventory Days727411716996100117130145155117121
Days Payable117179186202167180180172176144158162
Cash Conversion Cycle1118110615877100114115134184124125
Working Capital Days829599947110194889712892102
ROCE %27%36%32%27%23%18%21%26%21%4%16%30%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.82%74.82%74.82%74.82%74.82%74.82%74.82%74.82%74.82%74.82%74.82%74.82%
FIIs2.01%2.06%2.14%2.02%2.52%3.77%4.69%5.48%5.26%4.20%4.60%3.12%
DIIs12.29%12.42%12.41%12.87%12.77%10.07%10.28%9.38%9.26%9.95%9.70%9.18%
Public10.87%10.70%10.63%10.29%9.91%11.33%10.21%10.33%10.65%11.02%10.88%12.88%
No. of Shareholders56,48356,85861,07554,43648,35358,71751,18762,03067,29065,56761,15563,572

Fundamentals

Market Cap₹ 6,509 Cr.
Current Price₹ 721
Stock P/E10.4
Book Value₹ 348
ROCE30.2 %
ROE23.2 %
Dividend Yield2.08 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)19%
Compounded Profit Growth (TTM)49%
Consolidated figures.
Valuation
Market capRs 6,398 Cr
Enterprise valueRs 6,179 Cr
P/E (TTM)10.22x
Price to book2.04x
Price to sales1.19x
EV / EBITDA5.35x
EV / EBIT7.65x
EV / sales1.15x
Price to cash flow9.76x
Earnings yield9.79%
Dividend yield2.12%
P/E, 3-year average39.79x
P/B, 3-year average1.95x
P/E, 5-year average29.63x
P/B, 5-year average2.15x
Profitability
Operating margin (excl. other income)20.10%
Operating margin (incl. other income)22.80%
EBITDA margin21.55%
Pre-tax margin15.02%
Net profit margin11.69%
Net margin, latest quarter8.20%
ROE24.16%
ROCE31.06%
ROA13.01%
ROE, 3-year average12.81%
ROCE, 3-year average17.38%
ROA, 3-year average6.91%
ROE, 5-year average14.95%
ROCE, 5-year average19.97%
ROA, 5-year average7.96%
ROIC (approx.)22.05%
Tax rate20.40%
Other income / net worth4.53%
Growth
Sales growth (latest year)21.94%
Profit growth (latest year)123.69%
Sales CAGR, 3 years9.20%
Sales CAGR, 5 years17.07%
Profit CAGR, 3 years25.80%
Profit CAGR, 5 years24.33%
Sales growth QoQ-48.00%
Profit growth QoQ-72.37%
Sales growth YoY (latest quarter)9.03%
Profit growth YoY (latest quarter)-38.34%
Per share
EPS (TTM)Rs 69.40
EPS (latest year)Rs 75.47
EPS (latest quarter)Rs 9.76
EPS, 3-year averageRs 37.58
EPS, 5-year averageRs 37.87
Book value per shareRs 347.65
Sales per shareRs 593.72
Cash flow per shareRs 72.68
Free cash flow per shareRs 17.51
Dividend per share (latest year)Rs 15.00
Dividend per share, 3-year averageRs 9.00
Dividend per share, 5-year averageRs 7.80
Dividends
Dividend payout19.88%
Dividend payout, 3-year average43.82%
Dividend payout, 5-year average32.56%
Efficiency
Asset turnover0.92x
Fixed asset turnover5.33x
Inventory turnover3.02x
Inventory days121 days
Debtor days166 days
Debtors turnover2.20x
Creditor days162 days
Cash conversion cycle125 days
Working capital days102 days
Leverage
Cash and bankRs 220 Cr
Net debtRs -220 Cr
Net debt / EBITDA-0.19x
Interest coverage268.37x
Current ratio (filing 2026-03-31)1.86x
Quick ratio (filing 2026-03-31)1.39x
Trade payables (filing 2026-03-31)Rs 1,499 Cr
Owners' fund to total sources54.48%
Cash flow
Cash from Operating Activity (latest year)Rs 656 Cr
Cash from Investing Activity (latest year)Rs -445 Cr
Cash from Financing Activity (latest year)Rs -118 Cr
Net Cash Flow (latest year)Rs 93 Cr
Free cash flow (latest year)Rs 158 Cr
Cash from ops / profit, 5 years1.29x
Sales to cash flow8.03x
Statement figures
Net sales (TTM)Rs 5,357 Cr
Net sales (latest year)Rs 5,268 Cr
Sales (latest quarter)Rs 1,074 Cr
Operating profit excl. other income (latest year)Rs 1,059 Cr
Operating profit (latest quarter)Rs 186 Cr
Other income (TTM)Rs 108 Cr
EBITDA (TTM)Rs 1,155 Cr
PBDT (TTM)Rs 1,152 Cr
Profit before tax (TTM)Rs 805 Cr
Tax (latest year)Rs 175 Cr
Net profit (TTM)Rs 626 Cr
Net profit (latest year)Rs 681 Cr
Net profit (latest quarter)Rs 88 Cr
Depreciation (TTM)Rs 347 Cr
Depreciation (latest quarter)Rs 100 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 3,378 Cr
Total expenditure (latest year)Rs 4,209 Cr
Total income (latest year)Rs 5,410 Cr
Share capitalRs 90 Cr
ReservesRs 3,046 Cr
Shareholders' fundsRs 3,136 Cr
Total assetsRs 5,757 Cr
Net blockRs 989 Cr
Capital work in progressRs 247 Cr
InvestmentsRs 361 Cr
ReceivablesRs 2,389 Cr
InventoryRs 1,120 Cr
Other liabilitiesRs 2,620 Cr
Shares outstanding (crore)9.02
Ownership
Promoter holding74.82% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 10.2 is at the 7th percentile of its own 9.4-year range (median 15.2, low 5.5, high 228.1).
P/B 2.04 is at the 37th percentile (median 2.28).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSHARDACROPNifty 50Difference
1 week-4.3%-2.8% -1.5 pts
1 month-10.0%-6.8% -3.2 pts
3 months-22.1%-7.6% -14.5 pts
6 months-18.5%+0.4% -18.9 pts
1 year-17.0%-9.9% -7.1 pts
2 years+31.2%-13.6% +44.7 pts
3 years+68.8%+14.2% +54.7 pts
5 years+118.5%+27.9% +90.6 pts
13 mutual fund schemes hold about ₹616 Cr. Over three months 8 bought more and 2 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Small Cap Fund1.00%418 +9%
DSP Small Cap Fund0.47%102 +2%
HDFC Aggressive Hybrid Fund0.34%77 +12%
Bandhan Balanced Advantage Fund0.40%9 +10%
Bandhan Business Cycle Fund0.49%5 +44%
Motilal Oswal Nifty Microcap 250 Index Fund0.18%5 +4%
Groww Nifty Total Market Index Fund0.01%0 +14%
Angel One Nifty Total Market Index Fund0.01%0 +3%
Motilal Oswal BSE 1000 Index Fund0.01%0 +14%
Samco Multi Cap Fund0.00%0 -100%
JioBlackRock Flexi Cap Fund0.00%0 -100%
Mirae Asset Nifty Total Market Index Fund0.01%0 +14%
Bandhan Nifty Total Market Index Fund0.01%0 +14%

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,074 Cr +9.0% vs Jun 2025. Net profit ₹88 Cr -38.5%.

Activity

Compare
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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-07Dividend - Rs 9 Per Share
2026-02-06Interim Dividend - Rs 6 Per Share
2025-08-07Dividend - Rs 6 Per Share
2025-02-06Interim Dividend - Rs 3 Per Share
2024-08-02Dividend - Rs 3 Per Share
2024-08-02Annual General Meeting
2023-08-01Dividend - Rs 3 Per Share
2023-08-01Annual General Meeting
2023-02-07Interim Dividend - Rs 3 Per Share
2022-07-25Dividend - Rs 3 Per Share
2022-02-02Interim Dividend - Rs 3 Per Share
2021-07-20 Dividend - Rs 3 Per Share
2020-11-09 Interim Dividend - Rs 2 Per Share
2020-09-21 Annual General Meeting
2020-03-05 Interim Dividend - Rs 2 Per Share
2020-01-31 Interim Dividend Rs 2 Per Share
2019-08-16 Annual General Meeting/Dividend - Rs 2 Per Share
2019-02-04 Interim Dividend - Rs 2 Per Share
2018-08-20 Annual General Meeting/Dividend Rs 2/- Per Share
2017-11-06 Interim Dividend - Rs 2/- Per Share
2017-09-12 Annual General Meeting
2017-03-30 Interim Dividend Rs 2/- Per Share
2016-11-17 Interim Dividend Rs 2/- Per Share
2016-08-25 Annual General Meeting
2016-03-21 Interim Dividend - Rs 3/- Per Share (Purpose Revised)
2015-09-10 Annual General Meeting/ Dividend - Rs 2.50/- Per Share
DateTypeWhat it says
2026-09-01Concall / analyst meetSchedule of meet
2026-08-14Shareholder meetingWith copy of minutes of Annual General Meeting held on August 14, 2026
2026-08-14Shareholder meetingVoting results.
2026-08-14Shareholder meetingProceedings of Annual General Meeting held on August 14, 2026
2026-08-04Concall / analyst meetTranscript
2026-07-30Concall / analyst meetLink of Recording
2026-07-29Press ReleaseA press release dated July 29, 2026, titled "Press Release".
2026-07-29Investor PresentationInvestor Presentation
2026-07-29Board meeting outcomeSharda Cropchem Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-22Concall / analyst meetSchedule of meet
2026-07-14Shareholder meetingNotice of Annual General Meeting to be held on August 14, 2026
2026-07-02Record DateRecord date for the purpose of Dividend is 07-Aug-2026.
2026-07-02Shareholder meetingNotice of Annual General Meeting to be held on August 14, 2026
2026-05-19Concall / analyst meetTranscript
2026-05-18Concall / analyst meetSchedule of meet
2026-05-14Concall / analyst meetLink of Recording
2026-05-14DividendBoard of Directors at its meeting held on May 13, 2026, recommended Final Dividend of Rs. 9 per equity share.
2026-05-13DividendBoard of Directors at its meeting held on May 13, 2026, recommended Final Dividend of Rs. 9 per equity share.
2026-05-13Investor PresentationInvestor Presentation
2026-05-13Press ReleaseA press release dated May 13, 2026, titled "Press Release ".
2026-05-13Board meeting outcomeSharda Cropchem Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-06Concall / analyst meetSchedule of meet
2026-04-29Disclosure under SEBI TakeovSharda Cropchem Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Subst...
2026-04-21Disclosure under SEBI TakeovSharda Cropchem Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Subst...
2026-04-21Disclosure under SEBI TakeovRamprakash V. Bubna has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substanti...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Sharda Cropchem Ltd?

Sharda Cropchem Ltd (SHARDACROP) has a market capitalisation of Rs 6,509 Cr. at the 2026-10-01 close.

What is the P/E ratio of Sharda Cropchem Ltd?

Sharda Cropchem Ltd trades at a P/E of 10.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Sharda Cropchem Ltd's latest quarterly results?

In the Jun 2026 quarter, Sharda Cropchem Ltd sales was Rs 1,074 Cr (+9.0% vs Jun 2025) and net profit was Rs 88 Cr.

What is the 52-week high and low of Sharda Cropchem Ltd?

The 52-week high is Rs 1,297.00 and the 52-week low is Rs 716.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03