Sharda Cropchem Ltd
SHARDACROPSharda Cropchem Ltd
SHARDACROP
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 21.33 | 2.33 | 0.52% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 27.82 | 3.16 | 1.50% |
Forecast & Ratings
Detailed Forecast from 5 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Sharda Cropchem Limited is a crop protection chemical company. The Company is engaged in the marketing and distribution of a range of formulations and generic active ingredients.
Investor Presentation
View olderÂPeers
Compare with peersÂGet more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,247.57 | 1,414.91 | 1,723.15 | 2,018.18 | 2,046.13 | 2,441.55 | 3,608.65 | 4,085.44 | 3,222.78 | 3,846.76 | ||||||||||
Raw Materials | 809.65 | 902.81 | 1,335.44 | 1,332.43 | 1,384.16 | 1,678.59 | 2,677.69 | 3,167.70 | 2,282.74 | 3,267.24 | ||||||||||
| Power & Fuel Cost | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||
| Employee Cost | 27.30 | 28.88 | 33.54 | 33.47 | 34.90 | 37.32 | 44.17 | 44.80 | 42.43 | |||||||||||
| Selling & Administrative Expenses | 126.50 | 143.13 | 153.93 | 181.14 | 187.05 | 235.49 | 283.44 | 362.61 | 422.09 | |||||||||||
| Operating & Other expenses | -20.55 | 2.75 | -172.14 | 116.50 | 102.02 | -5.97 | -121.24 | -188.70 | 112.34 | |||||||||||
EBITDA | 304.67 | 337.34 | 372.38 | 354.64 | 338.00 | 496.12 | 724.59 | 699.03 | 363.18 | 579.52 | ||||||||||
| Depreciation/Amortization | 35.05 | 56.26 | 69.94 | 99.39 | 137.12 | 170.44 | 245.33 | 248.12 | 267.13 | 257.03 | ||||||||||
| PBIT | 269.62 | 281.08 | 302.44 | 255.25 | 200.88 | 325.68 | 479.26 | 450.91 | 96.05 | 322.49 | ||||||||||
| Interest & Other Items | 8.33 | 9.33 | 15.26 | 20.22 | 16.01 | 16.22 | 15.01 | 20.17 | 24.19 | 1.84 | ||||||||||
| PBT | 261.29 | 271.75 | 287.18 | 235.03 | 184.87 | 309.46 | 464.25 | 430.74 | 71.86 | 320.65 | ||||||||||
| Taxes & Other Items | 86.16 | 81.32 | 96.43 | 58.69 | 20.20 | 80.28 | 114.98 | 88.78 | 39.98 | 76.37 | ||||||||||
| Net Income | 175.13 | 190.43 | 190.75 | 176.34 | 164.67 | 229.18 | 349.27 | 341.96 | 31.88 | 244.28 | ||||||||||
| EPS | 19.41 | 21.11 | 21.14 | 19.55 | 18.25 | 25.40 | 38.71 | 37.90 | 3.53 | 27.08 | ||||||||||
| DPS | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 6.00 | 6.00 | 3.00 | 3.00 | ||||||||||
| Payout ratio | 0.21 | 0.19 | 0.19 | 0.20 | 0.22 | 0.20 | 0.15 | 0.16 | 0.85 | 0.11 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
MaterialsFertilizers & Agro Chemicals
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Sharda Cropchem Ltd | 163.42 | 2.33 | 0.52% |
| Coromandel International Ltd | 33.21 | 5.77 | 0.32% |
| Fertilisers And Chemicals Travancore Ltd | 356.76 | 37.91 | 0.12% |
| UPL Ltd | -41.45 | 1.52 | 0.15% |
Price Comparison
Compare SHARDACROP with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 1.25%
Shareholding Pattern
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 2.83%
Top 5 Mutual Funds holding Sharda Cropchem Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 6.0861% | Percentage of the fund’s portfolio invested in the stock 1.02% | Change in the portfolio weight of the stock over the last 3 months -0.27% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 43/90 (-11) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 2.2513% | Percentage of the fund’s portfolio invested in the stock 0.78% | Change in the portfolio weight of the stock over the last 3 months -0.27% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 51/79 (-9) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.2901% | Percentage of the fund’s portfolio invested in the stock 0.29% | Change in the portfolio weight of the stock over the last 3 months -0.09% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 74/130 (-34) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Trend In Dividends
SHARDACROP has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 0.52%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.20 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateFeb 6, 2025
Dividend/Share
₹3.00
Ex DateEx Date
Feb 6, 2025
Cash Dividend
Ex DateEx DateAug 2, 2024
Dividend/Share
₹3.00
Ex DateEx Date
Aug 2, 2024
Cash Dividend
Ex DateEx DateAug 1, 2023
Dividend/Share
₹3.00
Ex DateEx Date
Aug 1, 2023
Cash Dividend
Ex DateEx DateFeb 7, 2023
Dividend/Share
₹3.00
Ex DateEx Date
Feb 7, 2023
Cash Dividend
Ex DateEx DateJul 25, 2022
Dividend/Share
₹3.00
Ex DateEx Date
Jul 25, 2022
Revenue during the period under review increased by 47% YoY to Rs 929.3 crore. Agrochemical business recorded revenues of Rs 769 crore (up 51% YoY while that from the non-agro business was Rs 160 crore (up 30% YoY). The company stated that the overall volumes have risen by 49.1% Y-o-Y in Q3 FY25. The agrochemical volumes grew by 49.5% & non-agrochemical volumes were higher by 42.4%. Europe, NAFTA and LATAM have been key contributors for the volume growth, the company stated. EBITDA for Q3 FY25 was Rs 156.6 crore as against Rs 47.2 crore in Q3 FY24. EBITDA margin rose to 16.9% in December'24 quarter from 7.5% in December'23 quarter. Capex for 9M FY25 stood at Rs. 268 crore. Product registrations were at 2,948, with 1,047 applications globally pending at various stages as on 31 December 2024. Ramprakash Bubna, chairman and MD, said: 'Despite the ongoing global headwinds and persistent pricing pressures, we have seen a revival in demand which has led to a strong performance in Q3 FY25. We saw volume growth across all regions, with Europe, NAFTA and LATAM being key drivers. With raw material prices stabilising, we have managed to expand the gross margin by 660 bps to 32.7%. We have been working on cost optimization strategies and with operating leverage playing out, we have been able to improve our EBITDA Margins to 16.9% for the quarter. We are confident on our ongoing plan to increase product registrations in FY25 with capex guidance of Rs. 400-450 crore enabling us to meet FY25 guidance.' Sharda Cropchem primarily deals in generic agrochemicals, which comprise 86% of overall sales, with the remaining coming from trading in dyes and dye intermediates, and conveyor belts. The group is present in the entire agrochem value chain with 500 third-party distributors and over 400 sales personnel serving clientele in more than 80 countries. The scrip slumped 5.06% to end at Rs 608.65 on the BSE on Friday. Powered by Capital Market - Live
Sharda Cropchem has fixed 06 February 2025 as record date for the purpose of ascertaining the eligibility of the shareholders for payment of Interim Dividend for the financial year 2024-25.Powered by Capital Market - Live
Net profit of Sharda Cropchem rose 571.34% to Rs 31.15 crore in the quarter ended December 2024 as against Rs 4.64 crore during the previous quarter ended December 2023. Sales rose 46.94% to Rs 929.33 crore in the quarter ended December 2024 as against Rs 632.46 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales929.33632.46 47 OPM %12.3410.99 - PBDT114.8280.74 42 PBT45.9312.12 279 NP31.154.64 571 Powered by Capital Market - Live
Sharda Cropchem announced that the Board of Directors of the Company at its meeting held on 24 January 2025, inter alia, have recommended the interim dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Sharda Cropchem will hold a meeting of the Board of Directors of the Company on 24 January 2025.Powered by Capital Market - Live
Net profit of Sharda Cropchem reported to Rs 42.41 crore in the quarter ended September 2024 as against net loss of Rs 27.58 crore during the previous quarter ended September 2023. Sales rose 33.77% to Rs 776.89 crore in the quarter ended September 2024 as against Rs 580.76 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales776.89580.76 34 OPM %11.543.65 - PBDT114.6240.13 186 PBT45.52-33.83 LP NP42.41-27.58 LP Powered by Capital Market - Live
Sharda Cropchem will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live
Sharda Cropchem announced the cessation of the following directors on completion of their second term on 08 August 2024: M. S. Sundara Rajan Shitin Desai Shobhan Thakore Powered by Capital Market - Live
Sharda Cropchem reports consolidated net profit of Rs 27.25 crore in the June 2024 quarter
Net profit of Sharda Cropchem reported to Rs 27.25 crore in the quarter ended June 2024 as against net loss of Rs 88.64 crore during the previous quarter ended June 2023. Sales rose 23.11% to Rs 785.11 crore in the quarter ended June 2024 as against Rs 637.75 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales785.11637.75 23 OPM %9.81-9.29 - PBDT95.57-34.54 LP PBT30.79-104.82 LP NP27.25-88.64 LP Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 9.81%, vs industry avg of 10.42%
Decreasing Market Share
Over the last 5 years, market share decreased from 1.55% to 1.5%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -28.97%, vs industry avg of -4.03%