Sector Alpha Week of 2026-07-29
20-quarter listed-company comparison

Pesticides/Agrochemicals Stocks in India

Pesticides/Agrochemicals: UPL Ltd owns the largest revenue base; Titan Biotech Ltd has the fastest current growth.

Nifty Pesticides/Agrochemicals Index — Constituents & Performance

The Pesticides/Agrochemicals companies below are the listed Indian Pesticides/Agrochemicals universe this page tracks — the same constituent set people search for as the Nifty Pesticides/Agrochemicals index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

The sector itself · before any single company

How has Pesticides/Agrochemicals moved against NIFTY 500?

The line below covers 5.1 years. Over the most recent two of them this sector is 3% behind NIFTY 500. Earnings across its companies grew 10% on average over the last four reported quarters.

BASING · +-7 joined~Moving with the index2 of 23 companies ahead of NIFTY 500 by 5% or more over three months1 is 20% or more behind over a year while earnings grew 20% or more

RS — · 7/23 >200d (+2) · 2/23 lead (−7) · EPS 13/22↑

200300400202620252024202320222021 314336 TRAILING 12-MONTH EPS · 100 AT THE START0100114Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Sep 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 6 reporting · thin coverageDec 2022 · trailing 12-month earnings per share at 101, against 100 at the start · no comparable year yet · 6 reporting · thin coverageMar 2023 · trailing 12-month earnings per share at 104, against 100 at the start · no comparable year yet · 6 reporting · thin coverageJun 2023 · trailing 12-month earnings per share at 78, against 100 at the start · down 14.4% on a year ago · 6 reporting · thin coverageSep 2023 · trailing 12-month earnings per share at 94, against 100 at the start · down 33.9% on a year ago · 18 reportingDec 2023 · trailing 12-month earnings per share at 75, against 100 at the start · down 42.3% on a year ago · 18 reportingMar 2024 · trailing 12-month earnings per share at 57, against 100 at the start · down 42.6% on a year ago · 18 reportingJun 2024 · trailing 12-month earnings per share at 73, against 100 at the start · down 24.4% on a year ago · 18 reportingSep 2024 · trailing 12-month earnings per share at 97, against 100 at the start · up 12.5% on a year ago · 18 reportingDec 2024 · trailing 12-month earnings per share at 96, against 100 at the start · up 6.7% on a year ago · 18 reportingMar 2025 · trailing 12-month earnings per share at 94, against 100 at the start · up 36.7% on a year ago · 20 reportingJun 2025 · trailing 12-month earnings per share at 111, against 100 at the start · up 25.2% on a year ago · 20 reportingSep 2025 · trailing 12-month earnings per share at 112, against 100 at the start · up 4.1% on a year ago · 20 reportingDec 2025 · trailing 12-month earnings per share at 114, against 100 at the start · up 4.0% on a year ago · 20 reportingMar 2026 · trailing 12-month earnings per share at 113, against 100 at the start · up 7.4% on a year ago · 19 reportingNot reported yet — earnings trail price by a quarter or two113 · Mar 26No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
200300400202620252024202320222021 314336 TRAILING 12-MONTH EPS · 100 AT THE START0100114Mar 23Mar 24Mar 25Mar 26Sep 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 6 reporting · thin coverageDec 2022 · trailing 12-month earnings per share at 101, against 100 at the start · no comparable year yet · 6 reporting · thin coverageMar 2023 · trailing 12-month earnings per share at 104, against 100 at the start · no comparable year yet · 6 reporting · thin coverageJun 2023 · trailing 12-month earnings per share at 78, against 100 at the start · down 14.4% on a year ago · 6 reporting · thin coverageSep 2023 · trailing 12-month earnings per share at 94, against 100 at the start · down 33.9% on a year ago · 18 reportingDec 2023 · trailing 12-month earnings per share at 75, against 100 at the start · down 42.3% on a year ago · 18 reportingMar 2024 · trailing 12-month earnings per share at 57, against 100 at the start · down 42.6% on a year ago · 18 reportingJun 2024 · trailing 12-month earnings per share at 73, against 100 at the start · down 24.4% on a year ago · 18 reportingSep 2024 · trailing 12-month earnings per share at 97, against 100 at the start · up 12.5% on a year ago · 18 reportingDec 2024 · trailing 12-month earnings per share at 96, against 100 at the start · up 6.7% on a year ago · 18 reportingMar 2025 · trailing 12-month earnings per share at 94, against 100 at the start · up 36.7% on a year ago · 20 reportingJun 2025 · trailing 12-month earnings per share at 111, against 100 at the start · up 25.2% on a year ago · 20 reportingSep 2025 · trailing 12-month earnings per share at 112, against 100 at the start · up 4.1% on a year ago · 20 reportingDec 2025 · trailing 12-month earnings per share at 114, against 100 at the start · up 4.0% on a year ago · 20 reportingMar 2026 · trailing 12-month earnings per share at 113, against 100 at the start · up 7.4% on a year ago · 19 reportingNot reported yet — earnings trail price by a quarter or two113No earnings on file this far back — the price series reaches further than the filings do
Pesticides/Agrochemicals, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy NarrowHow much of the sector is participating, how recently, and whether the movers score well.
Together2 of 23 stocks moving
Fresh1 crossed in the last 4 weeks
Backed by scoresmovers score −2 vs the sector average
Down the cap ladder — bar is now, tick is four weeks ago
Large 1/5+1
Mid 1/8−3
Small 0/10−5

Participation is not spreading downward this month; the larger companies are still carrying most of it.

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 23 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Pesticides/Agrochemicals outperforming NIFTY 500?

The 52-week comparison of Pesticides/Agrochemicals against NIFTY 500 is not available from the current market series. 5 of 22 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Titan Biotech Ltd is the strongest against the sector itself at +53.9%. Readings are as of 2026-07-19.

Sector vs NIFTY 500 · 13 weeks
Sector vs NIFTY 500 · 52 weeks
5/22Stocks leading NIFTY 500
6/22Stocks leading sector

Sector metric: 15.9 as of 2026-07-19 · BROADENING · falling.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

The 52-week sector comparison is unavailable. 5 of 22 covered companies currently have positive Mansfield relative strength versus NIFTY 500. UPL Ltd leads with revenue of ₹51,839 crore, based on 24 of 24 comparable companies through Mar 2026. Titan Biotech Ltd has the fastest current revenue growth at 31.8%, across 24 of 24 comparable companies.

Is the Pesticides/Agrochemicals sector outperforming NIFTY 500?

The 52-week sector comparison is unavailable. 5 of 22 covered companies currently have positive Mansfield relative strength versus NIFTY 500.

Which Pesticides/Agrochemicals company is largest by revenue?

UPL Ltd leads with revenue of ₹51,839 crore, based on 24 of 24 comparable companies through Mar 2026.

Which Pesticides/Agrochemicals company is growing fastest?

Titan Biotech Ltd has the fastest current revenue growth at 31.8%, across 24 of 24 comparable companies.

Which Pesticides/Agrochemicals company has the strongest 4-Factor Sector Score?

Sharda Cropchem Ltd ranks first at 79.1/100 with 92.8% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Pesticides/Agrochemicals company reports the most CAPEX?

GSP Crop Science Ltd reports the largest latest CAPEX at ₹17 crore, with 1 of 24 companies comparable.

Which Pesticides/Agrochemicals company has the least gross debt?

Sharda Cropchem Ltd has the lowest comparable gross debt at ₹0 crore. UPL Ltd has the highest at ₹23,576 crore.

Which Pesticides/Agrochemicals company has the lowest comparable PEG?

Sharda Cropchem Ltd has the lowest comparable Guarded PEG at 0.26, among 10 of 24 companies that pass the metric’s comparability rules.

How much history does this Pesticides/Agrochemicals comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
24
complete canonical membership
Combined market value
₹2.0 L Cr
UPL Ltd
Revenue growing
21/24
positive TTM year-on-year growth
Beating NIFTY 500
5/22
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Sharda Cropchem Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 92.8% evidence confidence.
Epigral Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
Jubilant Ingrevia Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. Sharda Cropchem Ltd · SHARDACROP

79.1/100 · Favorable setup · 93% evidence

Exact sum: 29.4 + 21.9 + 19.2 + 8.6 = 79.1

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

29.4/35Growth & earnings

Revenue 21.9% · PAT 100% · OPM change 7 pp

83% evidence

21.9/25Capital efficiency

ROCE 30.2% · debt/equity 0×

95% evidence

19.2/20Valuation

P/E 12.1× · PEG 0.26

100% evidence

8.6/20Relative strength

RS sector -0.4% · RS bench -5.8% · 1Y 7.1%

100% evidence

2. Titan Biotech Ltd · 524717

68.8/100 · Favorable setup · 79% evidence

Exact sum: 29.1 + 20.1 + 5.6 + 14 = 68.8

Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.

29.1/35Growth & earnings

Revenue 31.8% · PAT 38.7% · OPM change 6.9 pp

83% evidence

20.1/25Capital efficiency

ROCE 22.8% · debt/equity 0.03×

80% evidence

5.6/20Valuation

P/E 57.5× · PEG —

50% evidence

14.0/20Relative strength

RS sector 53.9% · RS bench 48.7% · 1Y 365.8%

100% evidence

3. India Pesticides Ltd · IPL

62.7/100 · Mixed-positive evidence · 77% evidence

Exact sum: 25.9 + 16.2 + 14.4 + 6.2 = 62.7

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -11.9% and the one-year return is -29.5%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

25.9/35Growth & earnings

Revenue 27.5% · PAT 45.8% · OPM change 1 pp

83% evidence

16.2/25Capital efficiency

ROCE 16.7% · debt/equity 0.11×

95% evidence

14.4/20Valuation

P/E 14.4× · PEG —

50% evidence

6.2/20Relative strength

RS sector -11.9% · RS bench -14.3% · 1Y -29.5%

70% evidence

4. Bayer CropScience Ltd · BAYERCROP

61.5/100 · Mixed-positive evidence · 70% evidence

Exact sum: 21.4 + 18.9 + 8.5 + 12.7 = 61.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

21.4/35Growth & earnings

Revenue 3.7% · PAT 21.7% · OPM change 2.1 pp

83% evidence

18.9/25Capital efficiency

ROCE 20.1% · debt/equity 0.03×

95% evidence

8.5/20Valuation

P/E 385× · PEG —

15% evidence

12.7/20Relative strength

RS sector 9.4% · RS bench -11.8% · 1Y -33.3%

70% evidence

5. Punjab Chemicals & Crop Protection Ltd · PUNJABCHEM

60.9/100 · Mixed-positive evidence · 77% evidence

Exact sum: 22.8 + 17 + 12.3 + 8.8 = 60.9

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

22.8/35Growth & earnings

Revenue 14.6% · PAT 71% · OPM change 0 pp

83% evidence

17.0/25Capital efficiency

ROCE 18.6% · debt/equity 0.36×

95% evidence

12.3/20Valuation

P/E 21× · PEG —

50% evidence

8.8/20Relative strength

RS sector -6.2% · RS bench -1.7% · 1Y -11.1%

70% evidence

6. Dharmaj Crop Guard Ltd · DHARMAJ

60.5/100 · Mixed-positive evidence · 62% evidence

Exact sum: 23.8 + 13.3 + 10.5 + 12.9 = 60.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

23.8/35Growth & earnings

Revenue 19.6% · PAT 56.9% · OPM change 2.7 pp

62% evidence

13.3/25Capital efficiency

ROCE 16.4% · debt/equity 0.29×

95% evidence

10.5/20Valuation

P/E 16.1× · PEG —

15% evidence

12.9/20Relative strength

RS sector 5% · RS bench -6.2% · 1Y -23.5%

70% evidence

7. Advance Agrolife Ltd · ADVANCE

56.0/100 · Thin evidence · provisional · 56% evidence

Exact sum: 21.2 + 14.4 + 10.4 + 10 = 56

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

21.2/35Growth & earnings

Revenue 27% · PAT 37.6% · OPM change 4.3 pp

83% evidence

14.4/25Capital efficiency

ROCE 19.3% · debt/equity 0.32×

95% evidence

10.4/20Valuation

P/E 20× · PEG —

15% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

8. UPL Ltd · UPL

55.7/100 · Mixed-positive evidence · 87% evidence

Exact sum: 20 + 10.8 + 12.6 + 12.3 = 55.7

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.0/35Growth & earnings

Revenue 11.2% · PAT 100% · OPM change -1 pp

83% evidence

10.8/25Capital efficiency

ROCE 10.1% · debt/equity 0.68×

95% evidence

12.6/20Valuation

P/E 28.2× · PEG 0.5

100% evidence

12.3/20Relative strength

RS sector 4.9% · RS bench -10.4% · 1Y -10.2%

70% evidence

9. Bharat Rasayan Ltd · BHARATRAS

53.2/100 · Mixed-positive evidence · 77% evidence

Exact sum: 17.3 + 18.1 + 14.5 + 3.3 = 53.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

17.3/35Growth & earnings

Revenue 5.8% · PAT 3.5% · OPM change 4 pp

83% evidence

18.1/25Capital efficiency

ROCE 17.4% · debt/equity 0×

95% evidence

14.5/20Valuation

P/E 13.1× · PEG —

50% evidence

3.3/20Relative strength

RS sector -33.2% · RS bench -33.4% · 1Y -52.5%

70% evidence

10. Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

52.5/100 · Mixed-positive evidence · 88% evidence

Exact sum: 23.6 + 7.9 + 1.7 + 19.3 = 52.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

23.6/35Growth & earnings

Revenue 21.7% · PAT 31.1% · OPM change 7.3 pp

65% evidence

7.9/25Capital efficiency

ROCE 4.5% · debt/equity 0.34×

100% evidence

1.7/20Valuation

P/E 188× · PEG 3.04

100% evidence

19.3/20Relative strength

RS sector 17% · RS bench 9.9% · 1Y -10.5%

100% evidence

11. Jubilant Ingrevia Ltd · JUBLINGREA

52.0/100 · Mixed-positive evidence · 93% evidence

Exact sum: 17.4 + 11.4 + 6.7 + 16.5 = 52

Decision use: Price leads the evidence: RS versus the benchmark is 8.6%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

17.4/35Growth & earnings

Revenue 11% · PAT 11.2% · OPM change 1 pp

100% evidence

11.4/25Capital efficiency

ROCE 11.4% · debt/equity 0.25×

100% evidence

6.7/20Valuation

P/E 36.3× · PEG 2.37

65% evidence

16.5/20Relative strength

RS sector 15.4% · RS bench 8.6% · 1Y -11.1%

100% evidence

12. NACL Industries Ltd · NACLIND

50.2/100 · Mixed-positive evidence · 87% evidence

Exact sum: 27.9 + 5.9 + 7.2 + 9.2 = 50.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

27.9/35Growth & earnings

Revenue 11.9% · PAT 100% · OPM change 3 pp

100% evidence

5.9/25Capital efficiency

ROCE 8.1% · debt/equity 0.46×

100% evidence

7.2/20Valuation

P/E 178× · PEG 2.02

65% evidence

9.2/20Relative strength

RS sector -12.5% · RS bench 16.1% · 1Y -22.6%

70% evidence

13. GSP Crop Science Ltd · GSPCROP

50.0/100 · Thin evidence · provisional · 59% evidence

Exact sum: 16.1 + 13.8 + 10.1 + 10 = 50

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

16.1/35Growth & earnings

Revenue 21.2% · PAT 37.8% · OPM change -4 pp

88% evidence

13.8/25Capital efficiency

ROCE 19% · debt/equity 0.34×

100% evidence

10.1/20Valuation

P/E 24.4× · PEG —

15% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

14. Dhanuka Agritech Ltd · DHANUKA

49.1/100 · Mixed-negative evidence · 96% evidence

Exact sum: 8.3 + 21.5 + 11.7 + 7.6 = 49.1

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

8.3/35Growth & earnings

Revenue 0.9% · PAT -5.3% · OPM change -2.5 pp

88% evidence

21.5/25Capital efficiency

ROCE 28.3% · debt/equity 0.02×

100% evidence

11.7/20Valuation

P/E 15.5× · PEG 1.72

100% evidence

7.6/20Relative strength

RS sector -12% · RS bench -18% · 1Y -42.1%

100% evidence

15. Rallis India Ltd · RALLIS

47.9/100 · Mixed-negative evidence · 91% evidence

Exact sum: 15.9 + 11.7 + 11.3 + 9 = 47.9

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

15.9/35Growth & earnings

Revenue 7.3% · PAT -28.4% · OPM change 2.6 pp

95% evidence

11.7/25Capital efficiency

ROCE 12.8% · debt/equity 0.03×

95% evidence

11.3/20Valuation

P/E 26.9× · PEG 0.89

100% evidence

9.0/20Relative strength

RS sector -1.8% · RS bench -15.9% · 1Y -35.4%

70% evidence

16. Sumitomo Chemical India Ltd · SUMICHEM

47.6/100 · Mixed-negative evidence · 87% evidence

Exact sum: 14.5 + 18.9 + 4 + 10.2 = 47.6

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

14.5/35Growth & earnings

Revenue 2.9% · PAT 7.1% · OPM change 2 pp

83% evidence

18.9/25Capital efficiency

ROCE 22.1% · debt/equity 0.02×

95% evidence

4.0/20Valuation

P/E 50.9× · PEG 6.47

100% evidence

10.2/20Relative strength

RS sector -8.2% · RS bench 11.6% · 1Y -11.2%

70% evidence

17. Insecticides India Ltd · INSECTICID

44.7/100 · Mixed-negative evidence · 77% evidence

Exact sum: 11.9 + 14.1 + 11.6 + 7.1 = 44.7

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

11.9/35Growth & earnings

Revenue 7% · PAT -1.4% · OPM change -2 pp

83% evidence

14.1/25Capital efficiency

ROCE 15.8% · debt/equity 0.13×

95% evidence

11.6/20Valuation

P/E 12.9× · PEG —

50% evidence

7.1/20Relative strength

RS sector -8.5% · RS bench -9.4% · 1Y -33.2%

70% evidence

18. Excel Industries Ltd · EXCELINDUS

43.9/100 · Mixed-negative evidence · 70% evidence

Exact sum: 13.7 + 11.9 + 10.7 + 7.6 = 43.9

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

13.7/35Growth & earnings

Revenue 12% · PAT -11.8% · OPM change 0 pp

83% evidence

11.9/25Capital efficiency

ROCE 6.1% · debt/equity 0.01×

95% evidence

10.7/20Valuation

P/E 15.5× · PEG —

15% evidence

7.6/20Relative strength

RS sector -4.6% · RS bench -12.1% · 1Y -35.2%

70% evidence

19. Astec Lifesciences Ltd · ASTEC

43.9/100 · Thin evidence · provisional · 59% evidence

Exact sum: 21.8 + 3 + 10 + 9.1 = 43.9

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

21.8/35Growth & earnings

Revenue 17.5% · PAT 40% · OPM change 1.1 pp

62% evidence

3.0/25Capital efficiency

ROCE -5.4% · debt/equity 1.15×

95% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

9.1/20Relative strength

RS sector -3.5% · RS bench -5.1% · 1Y -23.4%

70% evidence

20. P I Industries Ltd · PIIND

41.8/100 · Mixed-negative evidence · 90% evidence

Exact sum: 6.5 + 16.3 + 11.1 + 7.9 = 41.8

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

6.5/35Growth & earnings

Revenue -15.9% · PAT -20.5% · OPM change -3 pp

88% evidence

16.3/25Capital efficiency

ROCE 15% · debt/equity 0.03×

100% evidence

11.1/20Valuation

P/E 34.5× · PEG 1.71

100% evidence

7.9/20Relative strength

RS sector -3.4% · RS bench -20.2% · 1Y -36.3%

70% evidence

21. Epigral Ltd · EPIGRAL

41.7/100 · Mixed-negative evidence · 90% evidence

Exact sum: 6.6 + 14.1 + 16.8 + 4.2 = 41.7

Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.

6.6/35Growth & earnings

Revenue -0.9% · PAT -7.3% · OPM change -5 pp

88% evidence

14.1/25Capital efficiency

ROCE 15.5% · debt/equity 0.26×

100% evidence

16.8/20Valuation

P/E 15.2× · PEG 0.43

100% evidence

4.2/20Relative strength

RS sector -32.9% · RS bench -21.8% · 1Y -41.6%

70% evidence

22. Meghmani Organics Ltd · MOL

36.6/100 · Mixed-negative evidence · 70% evidence

Exact sum: 16.1 + 7.6 + 9.4 + 3.5 = 36.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

16.1/35Growth & earnings

Revenue 4.5% · PAT 100% · OPM change -7.7 pp

83% evidence

7.6/25Capital efficiency

ROCE 6.7% · debt/equity 0.47×

95% evidence

9.4/20Valuation

P/E 48.2× · PEG —

15% evidence

3.5/20Relative strength

RS sector -33.7% · RS bench -26.3% · 1Y -52.2%

70% evidence

23. Heranba Industries Ltd · HERANBA

27.0/100 · Adverse evidence · 65% evidence

Exact sum: 11.7 + 2.5 + 10 + 2.8 = 27

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

11.7/35Growth & earnings

Revenue 13.1% · PAT -80% · OPM change -3 pp

62% evidence

2.5/25Capital efficiency

ROCE -1.6% · debt/equity 0.76×

95% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

2.8/20Relative strength

RS sector -21.5% · RS bench -27.1% · 1Y -53.7%

100% evidence

24. Best Agrolife Ltd · BESTAGRO

23.3/100 · Adverse evidence · 69% evidence

Exact sum: 7.1 + 6.2 + 5.9 + 4.1 = 23.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

7.1/35Growth & earnings

Revenue -30.7% · PAT -80% · OPM change -19 pp

62% evidence

6.2/25Capital efficiency

ROCE 5.2% · debt/equity 0.58×

95% evidence

5.9/20Valuation

P/E 60.6× · PEG —

50% evidence

4.1/20Relative strength

RS sector -30.7% · RS bench -27.1% · 1Y -47.6%

70% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

UPL Ltd has the highest Revenue among the 24 Pesticides/Agrochemicals companies compared here, at ₹51,839 crore. P I Industries Ltd is next at ₹6,713 crore. Titan Biotech Ltd has the highest Revenue growth at 31.8%, so level and change sit with different companies. 24 of 24 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: UPL Ltd is the scale leader at ₹51,839 crore, 672.2% ahead of P I Industries Ltd. Titan Biotech Ltd's growth is 31.8% from a ₹206 crore base, with 14 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderUPL Ltd · ₹51,839 crore
Gap672.2% versus #2 · P I Industries Ltd
Persistence8/8 recent comparable periods
Coverage24/24 companies · 376 observations

Investor read: UPL Ltd is the scale benchmark; Titan Biotech Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: UPL Ltd's growth falls below Titan Biotech Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1UPL Ltd UPL₹51.8K Cr
2P I Industries Ltd PIIND₹6.7K Cr
3Bayer CropScience Ltd BAYERCROP⚠ unverified₹5.7K Cr
4Sharda Cropchem Ltd SHARDACROP₹5.3K Cr
5Jubilant Ingrevia Ltd JUBLINGREA₹4.7K Cr
Revenue growthfastest growers
1Titan Biotech Ltd 52471732%
2India Pesticides Ltd IPL⚠ unverified28%
3Advance Agrolife Ltd ADVANCE⚠ unverified27%
4Sharda Cropchem Ltd SHARDACROP22%
5Bhagiradha Chemicals & Industries Ltd BHAGCHEM22%
Revenue · company comparison
24/24 level · 24/24 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
UPL Ltd UPL₹18.3K Cr18%Mar 2026
Sharda Cropchem Ltd SHARDACROP₹2.1K Cr13%Mar 2026
P I Industries Ltd PIIND₹1.6K Cr-12%Mar 2026
Jubilant Ingrevia Ltd JUBLINGREA₹1.3K Cr25%Jun 2026
Bayer CropScience Ltd BAYERCROP⚠ unverified₹1.1K Cr5.1%Mar 2026
Rallis India Ltd RALLIS₹1.0K Cr6.8%Jun 2026
Epigral Ltd EPIGRAL₹736 Cr17%Mar 2026
Sumitomo Chemical India Ltd SUMICHEM₹684 Cr0.7%Mar 2026
Dhanuka Agritech Ltd DHANUKA₹483 Cr9.3%Mar 2026
Meghmani Organics Ltd MOL⚠ unverified₹474 Cr-14%Mar 2026
Insecticides India Ltd INSECTICID⚠ unverified₹426 Cr19%Mar 2026
GSP Crop Science Ltd GSPCROP₹402 Cr31%Mar 2026
NACL Industries Ltd NACLIND₹383 Cr-15%Jun 2026
Heranba Industries Ltd HERANBA⚠ unverified₹319 Cr-4.8%Mar 2026
Bharat Rasayan Ltd BHARATRAS⚠ unverified₹308 Cr0.3%Mar 2026
Excel Industries Ltd EXCELINDUS⚠ unverified₹281 Cr13%Mar 2026
India Pesticides Ltd IPL⚠ unverified₹266 Cr29%Mar 2026
Dharmaj Crop Guard Ltd DHARMAJ⚠ unverified₹234 Cr11%Mar 2026
Punjab Chemicals & Crop Protection Ltd PUNJABCHEM⚠ unverified₹209 Cr3.5%Mar 2026
Astec Lifesciences Ltd ASTEC⚠ unverified₹159 Cr33%Mar 2026
Bhagiradha Chemicals & Industries Ltd BHAGCHEM₹158 Cr29%Mar 2026
Best Agrolife Ltd BESTAGRO₹156 Cr-43%Mar 2026
Advance Agrolife Ltd ADVANCE⚠ unverified₹124 Cr38%Mar 2026
Titan Biotech Ltd 524717₹49 Cr39%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bayer CropScience Ltd · BAYERCROP⚠ unverified

₹1.4K Cr
₹990 Cr
₹963 Cr
₹1.7K Cr
₹1.5K Cr
₹1.0K Cr
₹983 Cr
₹1.7K Cr
₹1.6K Cr
₹955 Cr
₹795 Cr
₹1.6K Cr
₹1.7K Cr
₹1.1K Cr
₹1.0K Cr
₹1.9K Cr
₹1.6K Cr
₹1.1K Cr
₹1.1K Cr

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

₹99 Cr
₹100 Cr
₹138 Cr
₹122 Cr
₹132 Cr
₹126 Cr
₹123 Cr
₹100 Cr
₹122 Cr
₹74 Cr
₹111 Cr
₹111 Cr
₹104 Cr
₹103 Cr
₹123 Cr
₹124 Cr
₹140 Cr
₹114 Cr
₹158 Cr

Dhanuka Agritech Ltd · DHANUKA

₹439 Cr
₹357 Cr
₹318 Cr
₹393 Cr
₹543 Cr
₹393 Cr
₹371 Cr
₹369 Cr
₹618 Cr
₹403 Cr
₹368 Cr
₹494 Cr
₹654 Cr
₹445 Cr
₹442 Cr
₹528 Cr
₹598 Cr
₹410 Cr
₹483 Cr

Epigral Ltd · EPIGRAL

₹340 Cr
₹422 Cr
₹499 Cr
₹533 Cr
₹556 Cr
₹538 Cr
₹562 Cr
₹455 Cr
₹478 Cr
₹472 Cr
₹525 Cr
₹651 Cr
₹626 Cr
₹645 Cr
₹628 Cr
₹607 Cr
₹587 Cr
₹597 Cr
₹736 Cr

GSP Crop Science Ltd · GSPCROP

₹352 Cr
₹352 Cr
₹276 Cr
₹308 Cr
₹422 Cr
₹467 Cr
₹270 Cr
₹402 Cr

Jubilant Ingrevia Ltd · JUBLINGREA

₹1.2K Cr
₹1.3K Cr
₹1.3K Cr
₹1.2K Cr
₹1.3K Cr
₹1.2K Cr
₹1.1K Cr
₹1.1K Cr
₹1.0K Cr
₹966 Cr
₹1.1K Cr
₹1.0K Cr
₹1.0K Cr
₹1.1K Cr
₹1.1K Cr
₹1.0K Cr
₹1.1K Cr
₹1.1K Cr
₹1.2K Cr
₹1.3K Cr

NACL Industries Ltd · NACLIND

₹443 Cr
₹400 Cr
₹466 Cr
₹475 Cr
₹565 Cr
₹480 Cr
₹599 Cr
₹376 Cr
₹580 Cr
₹365 Cr
₹457 Cr
₹325 Cr
₹440 Cr
₹268 Cr
₹201 Cr
₹448 Cr
₹457 Cr
₹318 Cr
₹361 Cr
₹383 Cr

P I Industries Ltd · PIIND

₹1.4K Cr
₹1.4K Cr
₹1.4K Cr
₹1.5K Cr
₹1.8K Cr
₹1.6K Cr
₹1.6K Cr
₹1.9K Cr
₹2.1K Cr
₹1.9K Cr
₹1.7K Cr
₹2.1K Cr
₹2.2K Cr
₹1.9K Cr
₹1.8K Cr
₹1.9K Cr
₹1.9K Cr
₹1.4K Cr
₹1.6K Cr

Rallis India Ltd · RALLIS

₹728 Cr
₹628 Cr
₹508 Cr
₹863 Cr
₹951 Cr
₹630 Cr
₹523 Cr
₹782 Cr
₹832 Cr
₹598 Cr
₹436 Cr
₹783 Cr
₹928 Cr
₹522 Cr
₹430 Cr
₹957 Cr
₹861 Cr
₹623 Cr
₹456 Cr
₹1.0K Cr

Sharda Cropchem Ltd · SHARDACROP

₹643 Cr
₹880 Cr
₹1.4K Cr
₹845 Cr
₹722 Cr
₹1.0K Cr
₹1.5K Cr
₹638 Cr
₹581 Cr
₹632 Cr
₹1.3K Cr
₹785 Cr
₹777 Cr
₹929 Cr
₹1.8K Cr
₹985 Cr
₹929 Cr
₹1.3K Cr
₹2.1K Cr

Sumitomo Chemical India Ltd · SUMICHEM

₹910 Cr
₹707 Cr
₹662 Cr
₹986 Cr
₹1.1K Cr
₹753 Cr
₹652 Cr
₹724 Cr
₹903 Cr
₹542 Cr
₹674 Cr
₹839 Cr
₹988 Cr
₹642 Cr
₹679 Cr
₹1.1K Cr
₹930 Cr
₹568 Cr
₹684 Cr

UPL Ltd · UPL

₹10.6K Cr
₹11.3K Cr
₹15.9K Cr
₹10.8K Cr
₹12.5K Cr
₹13.7K Cr
₹16.6K Cr
₹9.0K Cr
₹10.2K Cr
₹9.9K Cr
₹14.1K Cr
₹9.1K Cr
₹11.1K Cr
₹10.9K Cr
₹15.6K Cr
₹9.2K Cr
₹12.0K Cr
₹12.3K Cr
₹18.3K Cr

Revenue growth · reported quarter history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bayer CropScience Ltd · BAYERCROP⚠ unverified

18%
6.4%
4.9%
2.1%
4.4%
11%
-8.0%
-19%
-6.3%
7.5%
11%
32%
17%
-11%
4.6%
5.1%

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

24%
33%
26%
-11%
-18%
-7.6%
-41%
-9.2%
11%
-15%
38%
10%
11%
35%
11%
29%

Dhanuka Agritech Ltd · DHANUKA

8.0%
24%
10%
17%
-6.1%
14%
2.5%
-0.8%
34%
5.8%
10%
20%
6.9%
-8.6%
-7.9%
9.3%

Epigral Ltd · EPIGRAL

84%
64%
27%
13%
-15%
-14%
-12%
-6.6%
43%
31%
37%
20%
-6.8%
-6.2%
-7.4%
17%

GSP Crop Science Ltd · GSPCROP

20%
33%
-2.2%
31%

Jubilant Ingrevia Ltd · JUBLINGREA

6.6%
-10.0%
-12%
-7.8%
-22%
-17%
-6.2%
-4.7%
2.5%
9.4%
-2.1%
1.4%
7.3%
-0.6%
12%
25%

NACL Industries Ltd · NACLIND

46%
28%
20%
28%
-21%
2.7%
-24%
-24%
-14%
-24%
-27%
-56%
38%
3.9%
19%
80%
-15%

P I Industries Ltd · PIIND

29%
31%
19%
12%
24%
20%
18%
11%
8.3%
4.9%
0.2%
2.6%
-8.2%
-16%
-28%
-12%

Rallis India Ltd · RALLIS

0.4%
10%
7.9%
16%
31%
0.3%
3.0%
-9.4%
-13%
-5.1%
-17%
0.1%
12%
-13%
-1.4%
22%
-7.2%
19%
6.1%
6.8%

Sharda Cropchem Ltd · SHARDACROP

36%
12%
16%
3.4%
-25%
-20%
-38%
-11%
23%
34%
47%
39%
25%
20%
39%
13%

Sumitomo Chemical India Ltd · SUMICHEM

26%
23%
6.5%
-1.5%
-27%
-20%
-28%
3.4%
16%
9.4%
18%
0.7%
26%
-5.9%
-12%
0.7%

UPL Ltd · UPL

27%
18%
21%
4.5%
-17%
-19%
-28%
-15%
1.2%
9.1%
10%
11%
1.6%
8.4%
12%
18%
02 · compare level, then change

Operating Economics & Margin Trend

Sharda Cropchem Ltd has the highest OPM among the 24 Pesticides/Agrochemicals companies compared here, at 24%. Epigral Ltd is next at 23%. Bhagiradha Chemicals & Industries Ltd has the highest Margin change at +7.3 percentage points, so level and change sit with different companies. 24 of 24 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Sharda Cropchem Ltd leads opm at 24%; Bhagiradha Chemicals & Industries Ltd leads margin change at +7.3 percentage points.

LeaderSharda Cropchem Ltd · 24%
Gap4.3% versus #2 · Epigral Ltd
Persistence7/8 recent comparable periods
Coverage24/24 companies · 436 observations

Investor read: Sharda Cropchem Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Sharda Cropchem Ltd SHARDACROP24%
2Epigral Ltd EPIGRAL23%
3Dhanuka Agritech Ltd DHANUKA23%
4P I Industries Ltd PIIND22%
5Sumitomo Chemical India Ltd SUMICHEM20%
Margin changefastest expanders
1Bhagiradha Chemicals & Industries Ltd BHAGCHEM+7.3 pp
2Sharda Cropchem Ltd SHARDACROP+7.0 pp
3Titan Biotech Ltd 524717+6.9 pp
4Advance Agrolife Ltd ADVANCE⚠ unverified+4.3 pp
5Bharat Rasayan Ltd BHARATRAS⚠ unverified+4.0 pp
Operating margin · company comparison
24/24 level · 24/24 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyOPMMargin changeReported
Sharda Cropchem Ltd SHARDACROP24%+7.0 ppMar 2026
Epigral Ltd EPIGRAL23%−5.0 ppMar 2026
Dhanuka Agritech Ltd DHANUKA23%−2.5 ppMar 2026
P I Industries Ltd PIIND22%−3.0 ppMar 2026
Sumitomo Chemical India Ltd SUMICHEM20%+2.0 ppMar 2026
Titan Biotech Ltd 52471720%+6.9 ppMar 2026
UPL Ltd UPL19%−1.0 ppMar 2026
Bayer CropScience Ltd BAYERCROP⚠ unverified18%+2.1 ppMar 2026
Bharat Rasayan Ltd BHARATRAS⚠ unverified16%+4.0 ppMar 2026
India Pesticides Ltd IPL⚠ unverified16%+1.0 ppMar 2026
Rallis India Ltd RALLIS15%+2.6 ppJun 2026
Jubilant Ingrevia Ltd JUBLINGREA15%+1.0 ppJun 2026
Punjab Chemicals & Crop Protection Ltd PUNJABCHEM⚠ unverified13%0.0 ppMar 2026
Bhagiradha Chemicals & Industries Ltd BHAGCHEM12%+7.3 ppMar 2026
NACL Industries Ltd NACLIND11%+3.0 ppJun 2026
Advance Agrolife Ltd ADVANCE⚠ unverified11%+4.3 ppMar 2026
GSP Crop Science Ltd GSPCROP9.0%−4.0 ppMar 2026
Excel Industries Ltd EXCELINDUS⚠ unverified8.0%0.0 ppMar 2026
Insecticides India Ltd INSECTICID⚠ unverified6.0%−2.0 ppMar 2026
Astec Lifesciences Ltd ASTEC⚠ unverified5.8%+1.1 ppMar 2026
Dharmaj Crop Guard Ltd DHARMAJ⚠ unverified4.5%+2.7 ppMar 2026
Meghmani Organics Ltd MOL⚠ unverified4.2%−7.7 ppMar 2026
Heranba Industries Ltd HERANBA⚠ unverified-7.0%−3.0 ppMar 2026
Best Agrolife Ltd BESTAGRO-17%−19.0 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bayer CropScience Ltd · BAYERCROP⚠ unverified

16%
6.7%
21%
24%
16%
8.2%
21%
24%
19%
13%
12%
19%
11%
1.9%
16%
18%
13%
11%
18%

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

17%
16%
15%
16%
15%
15%
15%
7.1%
11%
11%
13%
11%
9.4%
8.9%
5.0%
7.3%
11%
12%
12%

Dhanuka Agritech Ltd · DHANUKA

19%
15%
20%
13%
18%
13%
21%
12%
23%
15%
22%
15%
24%
17%
25%
16%
23%
14%
23%

Epigral Ltd · EPIGRAL

30%
33%
35%
35%
32%
31%
28%
21%
23%
26%
30%
27%
28%
28%
28%
27%
22%
17%
23%

GSP Crop Science Ltd · GSPCROP

14%
15%
1.0%
13%
14%
20%
5.0%
9.0%

Jubilant Ingrevia Ltd · JUBLINGREA

16%
17%
11%
12%
12%
13%
9.0%
11%
12%
10%
8.0%
11%
12%
13%
14%
14%
12%
12%
14%
15%

NACL Industries Ltd · NACLIND

9.2%
7.4%
8.4%
7.0%
9.6%
8.0%
11%
-8.0%
5.0%
1.0%
2.0%
-1.0%
9.0%
-10%
-37%
8.0%
10%
2.0%
4.0%
11%

P I Industries Ltd · PIIND

22%
22%
22%
22%
24%
26%
22%
24%
26%
29%
25%
28%
28%
27%
25%
27%
29%
22%
22%

Rallis India Ltd · RALLIS

12%
11%
-1.0%
10%
10%
5.0%
-7.8%
11%
13%
5.4%
-3.4%
8.3%
15%
2.9%
-9.0%
13%
14%
4.7%
-6.2%
15%

Sharda Cropchem Ltd · SHARDACROP

14%
21%
20%
6.4%
9.0%
20%
21%
-9.0%
4.0%
11%
19%
10%
12%
12%
17%
22%
14%
19%
24%

Sumitomo Chemical India Ltd · SUMICHEM

24%
18%
16%
19%
25%
16%
12%
11%
21%
12%
21%
19%
25%
17%
18%
21%
23%
18%
20%

UPL Ltd · UPL

18%
22%
21%
20%
19%
21%
16%
14%
11%
1.0%
13%
12%
11%
15%
20%
15%
16%
18%
19%

Margin change · reported quarter history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bayer CropScience Ltd · BAYERCROP⚠ unverified

−5.3 pp
−4.8 pp
+9.6 pp
+0.9 pp
+0.1 pp
+1.5 pp
+0.1 pp
+0.7 pp
+2.5 pp
+5.2 pp
−8.7 pp
−5.2 pp
−8.3 pp
−11.5 pp
+4.0 pp
−1.1 pp
+2.6 pp
+8.7 pp
+2.1 pp

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

+1.5 pp
−0.9 pp
−0.3 pp
+0.8 pp
−1.2 pp
−1.0 pp
0.0 pp
−9.0 pp
−4.3 pp
−4.2 pp
−2.2 pp
+3.7 pp
−1.7 pp
−2.2 pp
−7.7 pp
−3.5 pp
+1.4 pp
+3.1 pp
+7.3 pp

Dhanuka Agritech Ltd · DHANUKA

−1.4 pp
−1.6 pp
−3.5 pp
−3.8 pp
−0.7 pp
−2.4 pp
+1.0 pp
−1.0 pp
+5.0 pp
+2.0 pp
+1.0 pp
+3.0 pp
+1.0 pp
+2.0 pp
+3.0 pp
+1.0 pp
−1.0 pp
−3.0 pp
−2.5 pp

Epigral Ltd · EPIGRAL

−4.3 pp
+2.6 pp
+4.1 pp
+3.3 pp
+2.9 pp
−2.5 pp
−7.1 pp
−14.2 pp
−9.5 pp
−5.0 pp
+2.0 pp
+6.0 pp
+5.0 pp
+2.0 pp
−2.0 pp
0.0 pp
−6.0 pp
−11.0 pp
−5.0 pp

GSP Crop Science Ltd · GSPCROP

+0.5 pp
+4.7 pp
+4.0 pp
−4.0 pp

Jubilant Ingrevia Ltd · JUBLINGREA

−6.1 pp
−12.5 pp
−4.2 pp
−3.5 pp
−2.0 pp
−1.1 pp
+0.3 pp
−3.0 pp
−1.0 pp
0.0 pp
0.0 pp
+3.0 pp
+6.0 pp
+3.0 pp
0.0 pp
−1.0 pp
0.0 pp
+1.0 pp

NACL Industries Ltd · NACLIND

−2.4 pp
−2.4 pp
−0.3 pp
−1.7 pp
+0.4 pp
+0.6 pp
+2.9 pp
−15.0 pp
−4.6 pp
−7.0 pp
−9.3 pp
+7.0 pp
+4.0 pp
−11.0 pp
−39.0 pp
+9.0 pp
+1.0 pp
+12.0 pp
+41.0 pp
+3.0 pp

P I Industries Ltd · PIIND

−2.7 pp
−1.8 pp
+2.9 pp
+1.6 pp
+2.9 pp
+4.1 pp
+0.1 pp
+1.6 pp
+1.6 pp
+3.0 pp
+3.0 pp
+4.0 pp
+2.0 pp
−2.0 pp
0.0 pp
−1.0 pp
+1.0 pp
−5.0 pp
−3.0 pp

Rallis India Ltd · RALLIS

−4.0 pp
0.0 pp
−5.0 pp
−5.8 pp
−2.0 pp
−6.0 pp
−6.8 pp
+0.7 pp
+2.9 pp
+0.4 pp
+4.4 pp
−2.6 pp
+1.8 pp
−2.5 pp
−5.6 pp
+4.3 pp
−0.3 pp
+1.8 pp
+2.8 pp
+2.6 pp

Sharda Cropchem Ltd · SHARDACROP

−1.1 pp
−0.6 pp
+1.6 pp
−12.0 pp
−4.9 pp
−1.4 pp
+0.8 pp
−15.4 pp
−5.0 pp
−9.0 pp
−2.0 pp
+19.0 pp
+8.0 pp
+1.0 pp
−2.0 pp
+12.0 pp
+2.0 pp
+7.0 pp
+7.0 pp

Sumitomo Chemical India Ltd · SUMICHEM

−0.7 pp
+4.0 pp
+3.0 pp
−0.1 pp
+1.2 pp
−1.9 pp
−4.4 pp
−8.0 pp
−3.8 pp
−4.0 pp
+9.0 pp
+8.0 pp
+4.0 pp
+5.0 pp
−3.0 pp
+2.0 pp
−2.0 pp
+1.0 pp
+2.0 pp

UPL Ltd · UPL

−0.3 pp
−2.4 pp
+0.6 pp
−1.0 pp
+1.1 pp
−0.6 pp
−5.3 pp
−5.8 pp
−8.3 pp
−20.0 pp
−3.0 pp
−2.0 pp
0.0 pp
+14.0 pp
+7.0 pp
+3.0 pp
+5.0 pp
+3.0 pp
−1.0 pp
03 · compare level, then change

Profit Scale & Acceleration

UPL Ltd has the highest Net profit among the 24 Pesticides/Agrochemicals companies compared here, at ₹2,220 crore. P I Industries Ltd is next at ₹1,320 crore. Meghmani Organics Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: UPL Ltd leads with ₹2,220 crore of TTM profit, 68.2% above P I Industries Ltd. Meghmani Organics Ltd shows ≥100% on the scoring scale growth from a ₹29 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderUPL Ltd · ₹2,220 crore
Gap68.2% versus #2 · P I Industries Ltd
Persistence1/8 recent comparable periods
Coverage24/24 companies · 376 observations

Investor read: UPL Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1UPL Ltd UPL₹2.2K Cr
2P I Industries Ltd PIIND₹1.3K Cr
3Bayer CropScience Ltd BAYERCROP⚠ unverified₹690 Cr
4Sharda Cropchem Ltd SHARDACROP₹681 Cr
5Sumitomo Chemical India Ltd SUMICHEM₹543 Cr
Profit growthfastest growers
1Meghmani Organics Ltd MOL⚠ unverified100%
2NACL Industries Ltd NACLIND100%
3Sharda Cropchem Ltd SHARDACROP100%
4UPL Ltd UPL100%
5Punjab Chemicals & Crop Protection Ltd PUNJABCHEM⚠ unverified71%
Net profit · company comparison
24/24 level · 19/24 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
UPL Ltd UPL₹1.3K Cr20%Mar 2026
Sharda Cropchem Ltd SHARDACROP₹319 Cr56%Mar 2026
P I Industries Ltd PIIND₹200 Cr-39%Mar 2026
Bayer CropScience Ltd BAYERCROP⚠ unverified₹162 Cr13%Mar 2026
Rallis India Ltd RALLIS₹125 Cr32%Jun 2026
Sumitomo Chemical India Ltd SUMICHEM₹111 Cr11%Mar 2026
Jubilant Ingrevia Ltd JUBLINGREA₹106 Cr41%Jun 2026
Dhanuka Agritech Ltd DHANUKA₹98 Cr29%Mar 2026
Epigral Ltd EPIGRAL₹81 Cr-6.9%Mar 2026
Bharat Rasayan Ltd BHARATRAS⚠ unverified₹38 Cr52%Mar 2026
India Pesticides Ltd IPL⚠ unverified₹31 Cr41%Mar 2026
NACL Industries Ltd NACLIND₹21 Cr62%Jun 2026
GSP Crop Science Ltd GSPCROP₹20 Cr-9.1%Mar 2026
Insecticides India Ltd INSECTICID⚠ unverified₹12 Cr-14%Mar 2026
Excel Industries Ltd EXCELINDUS⚠ unverified₹12 Cr0.0%Mar 2026
Punjab Chemicals & Crop Protection Ltd PUNJABCHEM⚠ unverified₹11 Cr57%Mar 2026
Meghmani Organics Ltd MOL⚠ unverified₹8 Cr-59%Mar 2026
Advance Agrolife Ltd ADVANCE⚠ unverified₹7 Cr422%Mar 2026
Titan Biotech Ltd 524717₹7 Cr66%Mar 2026
Bhagiradha Chemicals & Industries Ltd BHAGCHEM₹4 Cr29%Mar 2026
Dharmaj Crop Guard Ltd DHARMAJ⚠ unverified₹4 Cr-36%Mar 2026
Astec Lifesciences Ltd ASTEC⚠ unverified₹-8 Cr-2,532%Mar 2026
Best Agrolife Ltd BESTAGRO₹-37 Cr-59%Mar 2026
Heranba Industries Ltd HERANBA⚠ unverified₹-58 Cr-105%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bayer CropScience Ltd · BAYERCROP⚠ unverified

₹154 Cr
₹85 Cr
₹153 Cr
₹303 Cr
₹163 Cr
₹135 Cr
₹159 Cr
₹329 Cr
₹223 Cr
₹93 Cr
₹96 Cr
₹254 Cr
₹136 Cr
₹34 Cr
₹143 Cr
₹279 Cr
₹153 Cr
₹96 Cr
₹162 Cr

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

₹8 Cr
₹9 Cr
₹11 Cr
₹12 Cr
₹12 Cr
₹12 Cr
₹9 Cr
₹2 Cr
₹6 Cr
₹3 Cr
₹7 Cr
₹6 Cr
₹5 Cr
₹4 Cr
₹-1 Cr
₹4 Cr
₹6 Cr
₹5 Cr
₹4 Cr

Dhanuka Agritech Ltd · DHANUKA

₹63 Cr
₹43 Cr
₹54 Cr
₹49 Cr
₹73 Cr
₹46 Cr
₹65 Cr
₹33 Cr
₹102 Cr
₹45 Cr
₹59 Cr
₹49 Cr
₹118 Cr
₹55 Cr
₹76 Cr
₹56 Cr
₹94 Cr
₹40 Cr
₹98 Cr

Epigral Ltd · EPIGRAL

₹47 Cr
₹70 Cr
₹99 Cr
₹108 Cr
₹92 Cr
₹77 Cr
₹77 Cr
₹32 Cr
₹38 Cr
₹49 Cr
₹77 Cr
₹86 Cr
₹81 Cr
₹104 Cr
₹87 Cr
₹161 Cr
₹51 Cr
₹39 Cr
₹81 Cr

GSP Crop Science Ltd · GSPCROP

₹33 Cr
₹33 Cr
₹-6 Cr
₹22 Cr
₹41 Cr
₹58 Cr
₹-6 Cr
₹20 Cr

Jubilant Ingrevia Ltd · JUBLINGREA

₹111 Cr
₹129 Cr
₹69 Cr
₹79 Cr
₹84 Cr
₹92 Cr
₹52 Cr
₹58 Cr
₹57 Cr
₹39 Cr
₹29 Cr
₹49 Cr
₹59 Cr
₹69 Cr
₹74 Cr
₹75 Cr
₹69 Cr
₹47 Cr
₹86 Cr
₹106 Cr

NACL Industries Ltd · NACLIND

₹24 Cr
₹14 Cr
₹20 Cr
₹15 Cr
₹30 Cr
₹17 Cr
₹34 Cr
₹-38 Cr
₹4 Cr
₹-16 Cr
₹-9 Cr
₹-21 Cr
₹15 Cr
₹-36 Cr
₹-50 Cr
₹13 Cr
₹3 Cr
₹-10 Cr
₹-1 Cr
₹21 Cr

P I Industries Ltd · PIIND

₹230 Cr
₹223 Cr
₹204 Cr
₹262 Cr
₹335 Cr
₹352 Cr
₹281 Cr
₹383 Cr
₹480 Cr
₹449 Cr
₹370 Cr
₹449 Cr
₹508 Cr
₹373 Cr
₹330 Cr
₹400 Cr
₹409 Cr
₹311 Cr
₹200 Cr

Rallis India Ltd · RALLIS

₹56 Cr
₹40 Cr
₹-14 Cr
₹67 Cr
₹71 Cr
₹23 Cr
₹-69 Cr
₹63 Cr
₹82 Cr
₹24 Cr
₹-21 Cr
₹48 Cr
₹98 Cr
₹11 Cr
₹-32 Cr
₹95 Cr
₹102 Cr
₹2 Cr
₹-15 Cr
₹125 Cr

Sharda Cropchem Ltd · SHARDACROP

₹32 Cr
₹102 Cr
₹177 Cr
₹23 Cr
₹12 Cr
₹108 Cr
₹199 Cr
₹-89 Cr
₹-28 Cr
₹5 Cr
₹143 Cr
₹27 Cr
₹42 Cr
₹31 Cr
₹204 Cr
₹143 Cr
₹74 Cr
₹145 Cr
₹319 Cr

Sumitomo Chemical India Ltd · SUMICHEM

₹154 Cr
₹89 Cr
₹75 Cr
₹138 Cr
₹201 Cr
₹90 Cr
₹72 Cr
₹62 Cr
₹143 Cr
₹55 Cr
₹110 Cr
₹127 Cr
₹193 Cr
₹87 Cr
₹100 Cr
₹178 Cr
₹178 Cr
₹76 Cr
₹111 Cr

UPL Ltd · UPL

₹774 Cr
₹1.2K Cr
₹1.7K Cr
₹1.0K Cr
₹969 Cr
₹1.4K Cr
₹1.1K Cr
₹102 Cr
₹-293 Cr
₹-1.6K Cr
₹-80 Cr
₹-527 Cr
₹-585 Cr
₹853 Cr
₹1.1K Cr
₹-176 Cr
₹612 Cr
₹490 Cr
₹1.3K Cr

Profit growth · reported quarter history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bayer CropScience Ltd · BAYERCROP⚠ unverified

19%
5.8%
59%
3.9%
8.6%
37%
-31%
-40%
-23%
-39%
-63%
49%
9.8%
13%
182%
13%

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

50%
50%
29%
-15%
-84%
-52%
-72%
-23%
190%
-4.9%
8.1%
-112%
-30%
1.1%
29%

Dhanuka Agritech Ltd · DHANUKA

0.0%
16%
7.0%
20%
-33%
40%
-2.2%
-9.2%
48%
16%
22%
29%
14%
-20%
-27%
29%

Epigral Ltd · EPIGRAL

192%
96%
10%
-22%
-70%
-59%
-36%
0.0%
169%
113%
112%
13%
87%
-37%
-63%
-6.9%

GSP Crop Science Ltd · GSPCROP

24%
76%
-9.1%

Jubilant Ingrevia Ltd · JUBLINGREA

-24%
-29%
-25%
-27%
-32%
-58%
-44%
-16%
3.5%
77%
155%
53%
17%
-32%
16%
41%

NACL Industries Ltd · NACLIND

7.1%
25%
21%
68%
-353%
-87%
-194%
-127%
275%
-80%
62%

P I Industries Ltd · PIIND

40%
46%
58%
38%
46%
43%
28%
32%
17%
5.8%
-17%
-11%
-11%
-19%
-17%
-39%

Rallis India Ltd · RALLIS

-33%
-13%
-275%
-18%
27%
-43%
-6.0%
15%
4.4%
-24%
20%
-54%
98%
4.1%
-82%
32%

Sharda Cropchem Ltd · SHARDACROP

-39%
-63%
5.9%
12%
-487%
-333%
-95%
-28%
520%
43%
430%
76%
368%
56%

Sumitomo Chemical India Ltd · SUMICHEM

30%
31%
1.1%
-4.0%
-55%
-29%
-39%
53%
105%
35%
58%
-9.1%
40%
-7.8%
-13%
11%

UPL Ltd · UPL

34%
25%
15%
-38%
-90%
-130%
-218%
-107%
-617%
-43%
20%
04 · compare level, then change

Capacity Spending & Returns On It

GSP Crop Science Ltd has the highest CAPEX among the 24 Pesticides/Agrochemicals companies compared here, at ₹17 crore. The same company also holds the highest CAPEX intensity, at 3.6%. 1 of 24 companies report a comparable reading, the latest through Mar 2026. Its CAPEX series carries 4 reported observations across the 20-quarter window.

What the numbers say: GSP Crop Science Ltd reports ₹17 crore of CAPEX; GSP Crop Science Ltd has the highest covered intensity at 3.6%. Coverage is only 1 of 24 companies and 4 reported observations, so this is partial evidence—not a complete sector rank.

LeaderGSP Crop Science Ltd · ₹17 crore
GapNot enough peers
Persistence4/4 recent comparable periods
Coverage1/24 companies · 4 observations

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1GSP Crop Science Ltd GSPCROP₹17 Cr
CAPEX intensityhighest reinvestment intensity
1GSP Crop Science Ltd GSPCROP3.6%
Capital expenditure · company comparison
1/24 level · 1/24 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyCAPEXCAPEX intensityReported
GSP Crop Science Ltd GSPCROP₹17 Cr3.6%Mar 2026
Full 20-quarter history · every available company

CAPEX · reported quarter history

GSP Crop Science Ltd · GSPCROP

₹21 Cr
₹21 Cr
₹17 Cr
₹17 Cr

CAPEX intensity · reported quarter history

GSP Crop Science Ltd · GSPCROP

6.0%
6.0%
4.0%
3.6%
Annual capital allocation · 10-year view
23/24 capacity base · 24/24 OCF · 23/24 CAPEX · 23/24 FCF

Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.

Full annual capacity base, operating cash flow, CAPEX and free cash flow history

Capacity base · net fixed assets + CWIP · fiscal-year history

Showing the 12 largest of 23 companies with a series here. The remaining 11 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

₹142 Cr
₹154 Cr
₹162 Cr
₹201 Cr
₹282 Cr
₹534 Cr
₹676 Cr

Bharat Rasayan Ltd · BHARATRAS⚠ unverified

₹185 Cr
₹221 Cr
₹209 Cr
₹239 Cr
₹236 Cr
₹236 Cr
₹245 Cr
₹292 Cr

Dhanuka Agritech Ltd · DHANUKA

₹138 Cr
₹131 Cr
₹118 Cr
₹121 Cr
₹175 Cr
₹207 Cr
₹318 Cr
₹366 Cr
₹513 Cr

Epigral Ltd · EPIGRAL

₹1.2K Cr
₹1.7K Cr
₹2.0K Cr
₹2.3K Cr
₹2.3K Cr
₹2.6K Cr

GSP Crop Science Ltd · GSPCROP

₹166 Cr
₹170 Cr
₹177 Cr
₹185 Cr
₹228 Cr
₹264 Cr
₹295 Cr

Jubilant Ingrevia Ltd · JUBLINGREA

₹0 Cr
₹1.9K Cr
₹2.0K Cr
₹2.4K Cr
₹2.9K Cr
₹3.1K Cr
₹3.3K Cr

NACL Industries Ltd · NACLIND

₹170 Cr
₹163 Cr
₹162 Cr
₹233 Cr
₹256 Cr
₹354 Cr
₹473 Cr
₹486 Cr
₹482 Cr
₹477 Cr

P I Industries Ltd · PIIND

₹1.0K Cr
₹1.1K Cr
₹1.4K Cr
₹2.1K Cr
₹2.4K Cr
₹2.6K Cr
₹2.7K Cr
₹3.8K Cr
₹4.8K Cr
₹5.7K Cr

Rallis India Ltd · RALLIS

₹616 Cr
₹621 Cr
₹632 Cr
₹669 Cr
₹795 Cr
₹901 Cr

Sharda Cropchem Ltd · SHARDACROP

₹442 Cr
₹586 Cr
₹592 Cr
₹577 Cr
₹675 Cr
₹804 Cr
₹872 Cr
₹991 Cr
₹1.0K Cr
₹1.2K Cr

Sumitomo Chemical India Ltd · SUMICHEM

₹276 Cr
₹287 Cr
₹329 Cr
₹323 Cr
₹425 Cr
₹501 Cr
₹586 Cr
₹584 Cr
₹597 Cr

UPL Ltd · UPL

₹4.9K Cr
₹5.8K Cr
₹34.0K Cr
₹37.4K Cr
₹36.9K Cr
₹38.7K Cr
₹41.5K Cr
₹42.0K Cr
₹41.6K Cr
₹45.3K Cr

Operating cash flow · fiscal-year history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bayer CropScience Ltd · BAYERCROP⚠ unverified

₹216 Cr
₹609 Cr
₹952 Cr
₹262 Cr
₹1.1K Cr

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

₹48 Cr
₹4 Cr
₹7 Cr
₹14 Cr
₹34 Cr
₹-53 Cr
₹12 Cr

Dhanuka Agritech Ltd · DHANUKA

₹63 Cr
₹138 Cr
₹13 Cr
₹162 Cr
₹231 Cr
₹104 Cr
₹136 Cr
₹134 Cr
₹263 Cr
₹196 Cr

Epigral Ltd · EPIGRAL

₹229 Cr
₹284 Cr
₹626 Cr
₹398 Cr
₹441 Cr
₹436 Cr

GSP Crop Science Ltd · GSPCROP

₹80 Cr
₹114 Cr
₹-44 Cr
₹104 Cr
₹207 Cr
₹38 Cr
₹59 Cr

Jubilant Ingrevia Ltd · JUBLINGREA

₹0 Cr
₹112 Cr
₹453 Cr
₹462 Cr
₹430 Cr
₹508 Cr
₹524 Cr

NACL Industries Ltd · NACLIND

₹58 Cr
₹24 Cr
₹36 Cr
₹103 Cr
₹83 Cr
₹-124 Cr
₹-20 Cr
₹50 Cr
₹469 Cr
₹-104 Cr

P I Industries Ltd · PIIND

₹339 Cr
₹319 Cr
₹391 Cr
₹698 Cr
₹725 Cr
₹529 Cr
₹1.5K Cr
₹2.0K Cr
₹1.4K Cr
₹474 Cr

Rallis India Ltd · RALLIS

₹408 Cr
₹41 Cr
₹80 Cr
₹337 Cr
₹217 Cr
₹166 Cr
₹217 Cr
₹269 Cr
₹295 Cr
₹172 Cr

Sharda Cropchem Ltd · SHARDACROP

₹181 Cr
₹17 Cr
₹556 Cr
₹146 Cr
₹246 Cr
₹267 Cr
₹328 Cr
₹341 Cr
₹604 Cr
₹656 Cr

Sumitomo Chemical India Ltd · SUMICHEM

₹47 Cr
₹78 Cr
₹221 Cr
₹425 Cr
₹222 Cr
₹389 Cr
₹757 Cr
₹452 Cr
₹446 Cr

UPL Ltd · UPL

₹2.6K Cr
₹2.8K Cr
₹2.4K Cr
₹8.7K Cr
₹7.2K Cr
₹6.5K Cr
₹7.8K Cr
₹2.3K Cr
₹10.2K Cr
₹7.9K Cr

CAPEX · reported cash flow · fiscal-year history

Showing the 12 largest of 23 companies with a series here. The remaining 11 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

₹20 Cr
₹17 Cr
₹49 Cr
₹92 Cr
₹266 Cr
₹163 Cr

Bharat Rasayan Ltd · BHARATRAS⚠ unverified

₹58 Cr
₹14 Cr
₹55 Cr
₹23 Cr
₹26 Cr
₹36 Cr
₹73 Cr

Dhanuka Agritech Ltd · DHANUKA

₹20 Cr
₹7 Cr
₹-1 Cr
₹19 Cr
₹69 Cr
₹48 Cr
₹129 Cr
₹89 Cr
₹202 Cr

Epigral Ltd · EPIGRAL

₹515 Cr
₹414 Cr
₹412 Cr
₹185 Cr
₹434 Cr

GSP Crop Science Ltd · GSPCROP

₹22 Cr
₹27 Cr
₹29 Cr
₹63 Cr
₹59 Cr
₹61 Cr

Jubilant Ingrevia Ltd · JUBLINGREA

₹1.9K Cr
₹225 Cr
₹521 Cr
₹635 Cr
₹394 Cr
₹406 Cr

NACL Industries Ltd · NACLIND

₹25 Cr
₹13 Cr
₹19 Cr
₹95 Cr
₹48 Cr
₹123 Cr
₹147 Cr
₹40 Cr
₹25 Cr
₹27 Cr

P I Industries Ltd · PIIND

₹150 Cr
₹149 Cr
₹374 Cr
₹897 Cr
₹472 Cr
₹342 Cr
₹398 Cr
₹1.4K Cr
₹1.3K Cr
₹1.3K Cr

Rallis India Ltd · RALLIS

₹60 Cr
₹51 Cr
₹57 Cr
₹99 Cr
₹190 Cr
₹180 Cr

Sharda Cropchem Ltd · SHARDACROP

₹158 Cr
₹214 Cr
₹105 Cr
₹122 Cr
₹268 Cr
₹374 Cr
₹316 Cr
₹386 Cr
₹325 Cr
₹520 Cr

Sumitomo Chemical India Ltd · SUMICHEM

₹39 Cr
₹83 Cr
₹41 Cr
₹147 Cr
₹128 Cr
₹147 Cr
₹64 Cr
₹79 Cr

UPL Ltd · UPL

₹1.2K Cr
₹1.6K Cr
₹29.1K Cr
₹5.4K Cr
₹1.7K Cr
₹4.2K Cr
₹5.4K Cr
₹3.3K Cr
₹2.4K Cr
₹6.9K Cr

Free cash flow · fiscal-year history

Showing the 12 largest of 23 companies with a series here. The remaining 11 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

₹-16 Cr
₹-10 Cr
₹-35 Cr
₹-58 Cr
₹-319 Cr
₹-151 Cr

Bharat Rasayan Ltd · BHARATRAS⚠ unverified

₹205 Cr
₹156 Cr
₹-120 Cr
₹190 Cr
₹15 Cr
₹136 Cr
₹59 Cr

Dhanuka Agritech Ltd · DHANUKA

₹43 Cr
₹131 Cr
₹14 Cr
₹143 Cr
₹162 Cr
₹56 Cr
₹7 Cr
₹45 Cr
₹61 Cr

Epigral Ltd · EPIGRAL

₹-231 Cr
₹212 Cr
₹-14 Cr
₹256 Cr
₹2 Cr

GSP Crop Science Ltd · GSPCROP

₹92 Cr
₹-71 Cr
₹75 Cr
₹144 Cr
₹-21 Cr
₹-2 Cr

Jubilant Ingrevia Ltd · JUBLINGREA

₹-1.8K Cr
₹228 Cr
₹-59 Cr
₹-205 Cr
₹114 Cr
₹118 Cr

NACL Industries Ltd · NACLIND

₹33 Cr
₹11 Cr
₹17 Cr
₹8 Cr
₹35 Cr
₹-247 Cr
₹-167 Cr
₹10 Cr
₹444 Cr
₹-131 Cr

P I Industries Ltd · PIIND

₹189 Cr
₹170 Cr
₹17 Cr
₹-199 Cr
₹253 Cr
₹187 Cr
₹1.1K Cr
₹660 Cr
₹108 Cr
₹-824 Cr

Rallis India Ltd · RALLIS

₹348 Cr
₹-10 Cr
₹23 Cr
₹238 Cr
₹27 Cr
₹-14 Cr

Sharda Cropchem Ltd · SHARDACROP

₹23 Cr
₹-197 Cr
₹451 Cr
₹24 Cr
₹-22 Cr
₹-107 Cr
₹12 Cr
₹-45 Cr
₹279 Cr
₹136 Cr

Sumitomo Chemical India Ltd · SUMICHEM

₹39 Cr
₹138 Cr
₹384 Cr
₹75 Cr
₹261 Cr
₹610 Cr
₹388 Cr
₹367 Cr

UPL Ltd · UPL

₹1.4K Cr
₹1.3K Cr
₹-26.8K Cr
₹3.3K Cr
₹5.6K Cr
₹2.3K Cr
₹2.4K Cr
₹-932 Cr
₹7.8K Cr
₹941 Cr
05 · compare level, then change

Debt Load & Balance-Sheet Headroom

Sharda Cropchem Ltd has the lowest Gross debt among the 24 Pesticides/Agrochemicals companies compared here, at ₹0 crore. Bharat Rasayan Ltd is next at ₹1 crore. P I Industries Ltd has the lowest Net debt at ₹3,167 crore net cash, so level and change sit with different companies. Its Gross debt series carries 19 reported observations across the 20-quarter window.

What the numbers say: P I Industries Ltd has the clearest covered balance-sheet capacity with ₹3,167 crore net cash and gross debt of ₹342 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderSharda Cropchem Ltd · ₹0 crore
Gap100% versus #2 · Bharat Rasayan Ltd
Persistence8/8 recent comparable periods
Coverage24/24 companies · 409 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Sharda Cropchem Ltd SHARDACROP₹0 Cr
2Bharat Rasayan Ltd BHARATRAS⚠ unverified₹1 Cr
3Titan Biotech Ltd 524717₹6 Cr
4Excel Industries Ltd EXCELINDUS⚠ unverified₹8 Cr
5Dhanuka Agritech Ltd DHANUKA₹31 Cr
Net debtlowest net debt
1P I Industries Ltd PIIND₹-3.2K Cr
2Bayer CropScience Ltd BAYERCROP⚠ unverified₹-1.4K Cr
3Sumitomo Chemical India Ltd SUMICHEM₹-1.2K Cr
4Sharda Cropchem Ltd SHARDACROP₹-699 Cr
5Rallis India Ltd RALLIS₹-483 Cr
Debt and balance-sheet capacity · company comparison
24/24 level · 22/24 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGross debtNet debtReported
UPL Ltd UPL₹23.6K Cr₹16.9K CrMar 2026
Jubilant Ingrevia Ltd JUBLINGREA₹792 Cr₹602 CrJun 2026
Meghmani Organics Ltd MOL⚠ unverified₹726 Cr₹700 CrMar 2026
Heranba Industries Ltd HERANBA⚠ unverified₹576 Cr₹543 CrMar 2026
Epigral Ltd EPIGRAL₹572 Cr₹567 CrMar 2026
Astec Lifesciences Ltd ASTEC⚠ unverified₹449 Cr₹439 CrMar 2026
Best Agrolife Ltd BESTAGRO₹442 CrMar 2026
P I Industries Ltd PIIND₹342 Cr₹-3.2K CrMar 2026
NACL Industries Ltd NACLIND₹312 Cr₹309 CrJun 2026
GSP Crop Science Ltd GSPCROP₹262 Cr₹78 CrMar 2026
Bhagiradha Chemicals & Industries Ltd BHAGCHEM₹235 Cr₹218 CrMar 2026
Insecticides India Ltd INSECTICID⚠ unverified₹157 Cr₹65 CrMar 2026
Punjab Chemicals & Crop Protection Ltd PUNJABCHEM⚠ unverified₹154 Cr₹144 CrMar 2026
Dharmaj Crop Guard Ltd DHARMAJ⚠ unverified₹132 Cr₹126 CrMar 2026
India Pesticides Ltd IPL⚠ unverified₹109 Cr₹-7 CrMar 2026
Advance Agrolife Ltd ADVANCE⚠ unverified₹98 Cr₹23 CrMar 2026
Bayer CropScience Ltd BAYERCROP⚠ unverified₹82 Cr₹-1.4K CrMar 2026
Sumitomo Chemical India Ltd SUMICHEM₹63 Cr₹-1.2K CrMar 2026
Rallis India Ltd RALLIS₹61 Cr₹-483 CrJun 2026
Dhanuka Agritech Ltd DHANUKA₹31 Cr₹-266 CrMar 2026
Excel Industries Ltd EXCELINDUS⚠ unverified₹8 Cr₹-137 CrMar 2026
Titan Biotech Ltd 524717₹6 CrMar 2026
Bharat Rasayan Ltd BHARATRAS⚠ unverified₹1 Cr₹-272 CrMar 2026
Sharda Cropchem Ltd SHARDACROP₹0 Cr₹-699 CrMar 2026
Full 20-quarter history · every available company

Gross debt · reported quarter history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bayer CropScience Ltd · BAYERCROP⚠ unverified

₹32 Cr
₹32 Cr
₹86 Cr
₹86 Cr
₹83 Cr
₹83 Cr
₹74 Cr
₹74 Cr
₹64 Cr
₹64 Cr
₹47 Cr
₹47 Cr
₹33 Cr
₹33 Cr
₹105 Cr
₹105 Cr
₹102 Cr
₹102 Cr
₹82 Cr

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

₹74 Cr
₹74 Cr
₹81 Cr
₹81 Cr
₹18 Cr
₹18 Cr
₹50 Cr
₹50 Cr
₹81 Cr
₹81 Cr
₹62 Cr
₹61 Cr
₹88 Cr
₹88 Cr
₹89 Cr
₹89 Cr
₹189 Cr
₹189 Cr
₹235 Cr

Dhanuka Agritech Ltd · DHANUKA

₹37 Cr
₹37 Cr
₹32 Cr
₹32 Cr
₹40 Cr
₹40 Cr
₹34 Cr
₹34 Cr
₹31 Cr
₹31 Cr
₹27 Cr
₹27 Cr
₹84 Cr
₹84 Cr
₹74 Cr
₹74 Cr
₹32 Cr
₹32 Cr
₹31 Cr

Epigral Ltd · EPIGRAL

₹859 Cr
₹859 Cr
₹993 Cr
₹993 Cr
₹942 Cr
₹942 Cr
₹879 Cr
₹880 Cr
₹971 Cr
₹971 Cr
₹964 Cr
₹964 Cr
₹896 Cr
₹896 Cr
₹593 Cr
₹593 Cr
₹537 Cr
₹537 Cr
₹572 Cr

GSP Crop Science Ltd · GSPCROP

₹320 Cr
₹324 Cr
₹235 Cr
₹290 Cr
₹290 Cr
₹290 Cr
₹296 Cr
₹344 Cr
₹344 Cr
₹344 Cr
₹262 Cr

Jubilant Ingrevia Ltd · JUBLINGREA

₹273 Cr
₹273 Cr
₹238 Cr
₹238 Cr
₹393 Cr
₹393 Cr
₹407 Cr
₹407 Cr
₹765 Cr
₹765 Cr
₹740 Cr
₹740 Cr
₹720 Cr
₹720 Cr
₹764 Cr
₹764 Cr
₹806 Cr
₹806 Cr
₹792 Cr
₹792 Cr

NACL Industries Ltd · NACLIND

₹320 Cr
₹320 Cr
₹531 Cr
₹530 Cr
₹664 Cr
₹664 Cr
₹724 Cr
₹724 Cr
₹775 Cr
₹775 Cr
₹789 Cr
₹789 Cr
₹522 Cr
₹522 Cr
₹399 Cr
₹399 Cr
₹502 Cr
₹502 Cr
₹312 Cr

P I Industries Ltd · PIIND

₹348 Cr
₹348 Cr
₹316 Cr
₹316 Cr
₹281 Cr
₹281 Cr
₹46 Cr
₹47 Cr
₹181 Cr
₹181 Cr
₹191 Cr
₹191 Cr
₹174 Cr
₹174 Cr
₹184 Cr
₹184 Cr
₹242 Cr
₹242 Cr
₹342 Cr

Rallis India Ltd · RALLIS

₹96 Cr
₹96 Cr
₹93 Cr
₹175 Cr
₹175 Cr
₹137 Cr
₹137 Cr
₹129 Cr
₹129 Cr
₹134 Cr
₹134 Cr
₹68 Cr
₹68 Cr
₹63 Cr
₹63 Cr
₹61 Cr
₹61 Cr
₹61 Cr
₹61 Cr

Sharda Cropchem Ltd · SHARDACROP

₹40 Cr
₹40 Cr
₹47 Cr
₹48 Cr
₹23 Cr
₹23 Cr
₹3 Cr
₹11 Cr
₹20 Cr
₹20 Cr
₹18 Cr
₹22 Cr
₹12 Cr
₹12 Cr
₹8 Cr
₹12 Cr
₹4 Cr
₹4 Cr
₹0 Cr

Sumitomo Chemical India Ltd · SUMICHEM

₹43 Cr
₹43 Cr
₹38 Cr
₹38 Cr
₹32 Cr
₹32 Cr
₹34 Cr
₹34 Cr
₹29 Cr
₹29 Cr
₹30 Cr
₹30 Cr
₹29 Cr
₹29 Cr
₹52 Cr
₹52 Cr
₹58 Cr
₹58 Cr
₹63 Cr

UPL Ltd · UPL

₹27.9K Cr
₹27.9K Cr
₹26.7K Cr
₹26.7K Cr
₹33.4K Cr
₹33.4K Cr
₹23.9K Cr
₹23.9K Cr
₹34.9K Cr
₹34.9K Cr
₹29.8K Cr
₹29.8K Cr
₹33.2K Cr
₹33.2K Cr
₹25.1K Cr
₹25.1K Cr
₹30.0K Cr
₹30.0K Cr
₹23.6K Cr

Net debt · reported quarter history

Showing the 12 largest of 22 companies with a series here. The remaining 10 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bayer CropScience Ltd · BAYERCROP⚠ unverified

₹-890 Cr
₹-890 Cr
₹-733 Cr
₹-733 Cr
₹-537 Cr
₹-537 Cr
₹-828 Cr
₹-828 Cr
₹-490 Cr
₹-490 Cr
₹-1.2K Cr
₹-1.2K Cr
₹-947 Cr
₹-947 Cr
₹-816 Cr
₹-816 Cr
₹-605 Cr
₹-605 Cr
₹-1.4K Cr

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

₹68 Cr
₹68 Cr
₹79 Cr
₹79 Cr
₹13 Cr
₹13 Cr
₹47 Cr
₹47 Cr
₹80 Cr
₹80 Cr
₹13 Cr
₹13 Cr
₹-77 Cr
₹-77 Cr
₹61 Cr
₹60 Cr
₹175 Cr
₹175 Cr
₹218 Cr

Dhanuka Agritech Ltd · DHANUKA

₹-132 Cr
₹-132 Cr
₹-166 Cr
₹-166 Cr
₹5 Cr
₹5 Cr
₹-65 Cr
₹-65 Cr
₹-30 Cr
₹-30 Cr
₹-45 Cr
₹-45 Cr
₹65 Cr
₹65 Cr
₹-50 Cr
₹-50 Cr
₹-103 Cr
₹-103 Cr
₹-266 Cr

Epigral Ltd · EPIGRAL

₹858 Cr
₹858 Cr
₹968 Cr
₹968 Cr
₹919 Cr
₹919 Cr
₹866 Cr
₹866 Cr
₹959 Cr
₹959 Cr
₹961 Cr
₹961 Cr
₹890 Cr
₹890 Cr
₹498 Cr
₹498 Cr
₹500 Cr
₹500 Cr
₹567 Cr

GSP Crop Science Ltd · GSPCROP

₹236 Cr
₹236 Cr
₹236 Cr
₹263 Cr
₹313 Cr
₹313 Cr
₹313 Cr
₹78 Cr

Jubilant Ingrevia Ltd · JUBLINGREA

₹203 Cr
₹203 Cr
₹192 Cr
₹189 Cr
₹291 Cr
₹291 Cr
₹334 Cr
₹322 Cr
₹709 Cr
₹709 Cr
₹661 Cr
₹660 Cr
₹657 Cr
₹657 Cr
₹678 Cr
₹649 Cr
₹759 Cr
₹759 Cr
₹602 Cr
₹602 Cr

NACL Industries Ltd · NACLIND

₹277 Cr
₹277 Cr
₹459 Cr
₹428 Cr
₹597 Cr
₹597 Cr
₹683 Cr
₹651 Cr
₹688 Cr
₹688 Cr
₹757 Cr
₹723 Cr
₹467 Cr
₹467 Cr
₹342 Cr
₹340 Cr
₹472 Cr
₹472 Cr
₹309 Cr

P I Industries Ltd · PIIND

₹-2.0K Cr
₹-2.0K Cr
₹-1.9K Cr
₹-1.9K Cr
₹-2.3K Cr
₹-2.3K Cr
₹-3.2K Cr
₹-3.2K Cr
₹-2.8K Cr
₹-2.8K Cr
₹-3.8K Cr
₹-3.8K Cr
₹-3.7K Cr
₹-3.7K Cr
₹-3.6K Cr
₹-3.6K Cr
₹-3.7K Cr
₹-3.7K Cr
₹-3.2K Cr

Rallis India Ltd · RALLIS

₹-193 Cr
₹-193 Cr
₹-174 Cr
₹116 Cr
₹116 Cr
₹-127 Cr
₹-127 Cr
₹2 Cr
₹2 Cr
₹-140 Cr
₹-140 Cr
₹-161 Cr
₹-161 Cr
₹-374 Cr
₹-374 Cr
₹-393 Cr
₹-393 Cr
₹-483 Cr
₹-483 Cr

Sharda Cropchem Ltd · SHARDACROP

₹-359 Cr
₹-359 Cr
₹-148 Cr
₹-148 Cr
₹-260 Cr
₹-260 Cr
₹-202 Cr
₹-202 Cr
₹-244 Cr
₹-244 Cr
₹-352 Cr
₹-352 Cr
₹-647 Cr
₹-647 Cr
₹-545 Cr
₹-545 Cr
₹-779 Cr
₹-779 Cr
₹-699 Cr

Sumitomo Chemical India Ltd · SUMICHEM

₹-732 Cr
₹-732 Cr
₹-537 Cr
₹-537 Cr
₹-693 Cr
₹-693 Cr
₹-529 Cr
₹-765 Cr
₹-1.4K Cr
₹-1.4K Cr
₹-997 Cr
₹-997 Cr
₹-1.3K Cr
₹-1.3K Cr
₹-1.2K Cr
₹-1.2K Cr
₹-1.6K Cr
₹-1.6K Cr
₹-1.2K Cr

UPL Ltd · UPL

₹25.0K Cr
₹25.0K Cr
₹19.8K Cr
₹19.8K Cr
₹29.4K Cr
₹29.4K Cr
₹17.8K Cr
₹17.8K Cr
₹31.6K Cr
₹31.6K Cr
₹23.5K Cr
₹23.5K Cr
₹28.9K Cr
₹28.9K Cr
₹15.3K Cr
₹15.3K Cr
₹25.3K Cr
₹25.3K Cr
₹16.9K Cr
06 · compare level, then change

Return On Capital Employed

Sharda Cropchem Ltd has the highest ROCE among the 24 Pesticides/Agrochemicals companies compared here, at 30.2%. Dhanuka Agritech Ltd is next at 28.3%. NACL Industries Ltd has the highest ROCE change at +26.4 percentage points, so level and change sit with different companies. 24 of 24 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Sharda Cropchem Ltd leads ROCE at 30.2%, 1.9 percentage points above Dhanuka Agritech Ltd. NACL Industries Ltd has the strongest latest improvement at +26.4 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderSharda Cropchem Ltd · 30.2%
Gap6.7% versus #2 · Dhanuka Agritech Ltd
Persistence7/8 recent comparable periods
Coverage24/24 companies · 301 observations

Investor read: Sharda Cropchem Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Sharda Cropchem Ltd SHARDACROP30%
2Dhanuka Agritech Ltd DHANUKA28%
3Titan Biotech Ltd 52471723%
4Sumitomo Chemical India Ltd SUMICHEM22%
5Bayer CropScience Ltd BAYERCROP⚠ unverified20%
ROCE changefastest improvers
1NACL Industries Ltd NACLIND+26.4 pp
2Astec Lifesciences Ltd ASTEC⚠ unverified+10.1 pp
3Sharda Cropchem Ltd SHARDACROP+7.2 pp
4Titan Biotech Ltd 524717+6.0 pp
5Bayer CropScience Ltd BAYERCROP⚠ unverified+4.8 pp
Return on capital · company comparison
24/24 level · 24/24 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROCEROCE changeReported
Bayer CropScience Ltd BAYERCROP⚠ unverified25%+4.8 ppMar 2026
Sharda Cropchem Ltd SHARDACROP22%+7.2 ppMar 2026
Dhanuka Agritech Ltd DHANUKA20%−5.3 ppMar 2026
GSP Crop Science Ltd GSPCROP19%−4.7 ppMar 2026
Punjab Chemicals & Crop Protection Ltd PUNJABCHEM⚠ unverified18%+2.0 ppMar 2026
Sumitomo Chemical India Ltd SUMICHEM17%−1.6 ppMar 2026
Advance Agrolife Ltd ADVANCE⚠ unverified17%−17.8 ppMar 2026
Insecticides India Ltd INSECTICID⚠ unverified17%−0.3 ppMar 2026
Dharmaj Crop Guard Ltd DHARMAJ⚠ unverified16%+3.8 ppMar 2026
Epigral Ltd EPIGRAL14%−7.5 ppMar 2026
India Pesticides Ltd IPL⚠ unverified14%+3.3 ppMar 2026
Bharat Rasayan Ltd BHARATRAS⚠ unverified13%+0.1 ppMar 2026
Jubilant Ingrevia Ltd JUBLINGREA12%+0.1 ppJun 2026
Rallis India Ltd RALLIS12%+2.8 ppJun 2026
P I Industries Ltd PIIND11%−6.2 ppMar 2026
UPL Ltd UPL11%+1.4 ppMar 2026
NACL Industries Ltd NACLIND9.9%+26.4 ppJun 2026
Bhagiradha Chemicals & Industries Ltd BHAGCHEM4.1%+1.0 ppMar 2026
Excel Industries Ltd EXCELINDUS⚠ unverified3.9%−1.2 ppMar 2026
Meghmani Organics Ltd MOL⚠ unverified3.2%+1.3 ppMar 2026
Heranba Industries Ltd HERANBA⚠ unverified-3.3%−7.7 ppMar 2026
Astec Lifesciences Ltd ASTEC⚠ unverified-11%+10.1 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Showing the 12 largest of 22 companies with a series here. The remaining 10 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bayer CropScience Ltd · BAYERCROP⚠ unverified

23%
28%
28%
29%
29%
30%
21%
20%
20%
25%

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

26%
28%
22%
20%
13%
11%
7.1%
10%
4.7%
8.0%
3.1%
4.6%
2.9%
4.0%
4.1%

Dhanuka Agritech Ltd · DHANUKA

25%
25%
23%
29%
24%
27%
24%
28%
22%
29%
25%
30%
25%
30%
22%
25%
20%

Epigral Ltd · EPIGRAL

16%
27%
35%
33%
22%
20%
18%
23%
24%
29%
22%
25%
18%
18%
14%

GSP Crop Science Ltd · GSPCROP

9.6%
19%
24%
23%
25%
19%

Jubilant Ingrevia Ltd · JUBLINGREA

16%
27%
20%
14%
12%
11%
8.6%
9.4%
8.1%
10%
10%
12%
11%
11%
10%
12%

NACL Industries Ltd · NACLIND

19%
17%
17%
21%
11%
7.3%
-1.5%
3.3%
4.0%
0.6%
-17%
-2.5%
-8.1%
-0.5%
9.9%

P I Industries Ltd · PIIND

14%
15%
17%
18%
18%
24%
19%
25%
19%
24%
17%
22%
15%
17%
11%

Rallis India Ltd · RALLIS

13%
14%
12%
12%
9.6%
9.2%
11%
11%
8.8%
10%
12%

Sharda Cropchem Ltd · SHARDACROP

20%
24%
25%
19%
6.5%
6.4%
2.6%
8.8%
11%
13%
15%
20%
18%
25%
22%

Sumitomo Chemical India Ltd · SUMICHEM

26%
28%
29%
25%
16%
18%
16%
24%
20%
26%
19%
28%
18%
24%
17%

UPL Ltd · UPL

13%
14%
16%
15%
11%
5.0%
4.5%
2.6%
3.9%
5.6%
9.1%
8.0%
10%
11%
11%

ROCE change · reported quarter history

Showing the 12 largest of 22 companies with a series here. The remaining 10 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bayer CropScience Ltd · BAYERCROP⚠ unverified

+4.9 pp
+1.3 pp
+1.2 pp
+1.0 pp
−7.5 pp
−10.1 pp
−1.1 pp
+4.8 pp

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

−4.0 pp
−8.9 pp
−8.5 pp
−12.4 pp
−8.7 pp
−3.4 pp
−4.0 pp
−5.7 pp
−1.8 pp
−4.0 pp
+1.0 pp

Dhanuka Agritech Ltd · DHANUKA

−2.3 pp
−0.5 pp
+1.0 pp
−0.3 pp
−2.1 pp
+1.4 pp
+0.5 pp
+1.3 pp
+2.8 pp
+1.0 pp
−3.0 pp
−4.9 pp
−5.3 pp

Epigral Ltd · EPIGRAL

+18.6 pp
+6.0 pp
−12.9 pp
−14.8 pp
+2.1 pp
+8.6 pp
+4.0 pp
+1.5 pp
−5.5 pp
−11.3 pp
−7.5 pp

GSP Crop Science Ltd · GSPCROP

+13.8 pp
+6.3 pp
−4.7 pp

Jubilant Ingrevia Ltd · JUBLINGREA

+3.8 pp
−12.3 pp
−8.1 pp
−5.8 pp
−3.5 pp
−0.8 pp
+1.5 pp
+2.8 pp
+2.6 pp
+0.9 pp
0.0 pp
+0.1 pp

NACL Industries Ltd · NACLIND

−2.1 pp
+3.6 pp
−6.1 pp
−22.1 pp
−6.9 pp
−6.7 pp
−15.0 pp
−5.8 pp
−12.1 pp
−1.1 pp
+26.4 pp

P I Industries Ltd · PIIND

+2.9 pp
+3.3 pp
+1.3 pp
+0.9 pp
+0.7 pp
−0.6 pp
−1.5 pp
−3.6 pp
−4.5 pp
−6.3 pp
−6.2 pp

Rallis India Ltd · RALLIS

−1.0 pp
−2.7 pp
−3.1 pp
+0.9 pp
+1.6 pp
−1.7 pp
−0.5 pp
+2.8 pp

Sharda Cropchem Ltd · SHARDACROP

+5.0 pp
−5.0 pp
−18.3 pp
−16.0 pp
+4.2 pp
+7.0 pp
+12.3 pp
+11.1 pp
+6.8 pp
+12.0 pp
+7.2 pp

Sumitomo Chemical India Ltd · SUMICHEM

+3.1 pp
−2.8 pp
−12.8 pp
−8.8 pp
+3.5 pp
+7.9 pp
+2.5 pp
+3.4 pp
−1.6 pp
−2.4 pp
−1.6 pp

UPL Ltd · UPL

+2.6 pp
+0.2 pp
−4.6 pp
−10.0 pp
−7.1 pp
+0.6 pp
+4.6 pp
+5.4 pp
+6.4 pp
+5.0 pp
+1.4 pp
07 · compare level, then change

Valuation Against Growth & Quality

Sharda Cropchem Ltd has the lowest Guarded PEG among the 24 Pesticides/Agrochemicals companies compared here, at 0.26×. Epigral Ltd is next at 0.43×. The same company also holds the lowest P/E, at 12.1×. 10 of 24 companies report a comparable reading, the latest through Mar 2026. Its Guarded PEG series carries 7 reported observations across the 20-quarter window.

What the numbers say: Sharda Cropchem Ltd has the lowest comparable Guarded PEG at 0.26×, 39.5% below Epigral Ltd. Only 10 of 24 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderSharda Cropchem Ltd · 0.26×
Gap39.5% versus #2 · Epigral Ltd
Persistence0/8 recent comparable periods
Coverage10/24 companies · 71 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Sharda Cropchem Ltd SHARDACROP0.3
2Epigral Ltd EPIGRAL0.4
3UPL Ltd UPL0.5
4Rallis India Ltd RALLIS0.9
5P I Industries Ltd PIIND1.7
P/Elowest P/E
1Sharda Cropchem Ltd SHARDACROP12.1
2Insecticides India Ltd INSECTICID⚠ unverified12.9
3Bharat Rasayan Ltd BHARATRAS⚠ unverified13.1
4India Pesticides Ltd IPL⚠ unverified14.4
5Epigral Ltd EPIGRAL15.2
Valuation · company comparison
10/24 level · 22/24 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGuarded PEGP/EReported
Sumitomo Chemical India Ltd SUMICHEM6.534.4Mar 2026
Bhagiradha Chemicals & Industries Ltd BHAGCHEM3.0185.3Mar 2026
Jubilant Ingrevia Ltd JUBLINGREA2.434.4Jun 2026
NACL Industries Ltd NACLIND2.0-56.6Jun 2026
Dhanuka Agritech Ltd DHANUKA1.714.5Mar 2026
P I Industries Ltd PIIND1.731.2Mar 2026
Rallis India Ltd RALLIS0.928.0Jun 2026
UPL Ltd UPL0.526.5Mar 2026
Epigral Ltd EPIGRAL0.410.7Mar 2026
Sharda Cropchem Ltd SHARDACROP0.314.6Mar 2026
Titan Biotech Ltd 52471766.2Mar 2026
Bayer CropScience Ltd BAYERCROP⚠ unverified30.3Mar 2026
GSP Crop Science Ltd GSPCROP16.2Mar 2026
Bharat Rasayan Ltd BHARATRAS⚠ unverified14.7Mar 2026
Insecticides India Ltd INSECTICID⚠ unverified11.4Mar 2026
India Pesticides Ltd IPL⚠ unverified13.5Mar 2026
Astec Lifesciences Ltd ASTEC⚠ unverified110.6Mar 2026
Meghmani Organics Ltd MOL⚠ unverified24.8Mar 2026
Punjab Chemicals & Crop Protection Ltd PUNJABCHEM⚠ unverified17.4Mar 2026
Excel Industries Ltd EXCELINDUS⚠ unverified14.0Mar 2026
Dharmaj Crop Guard Ltd DHARMAJ⚠ unverified16.1Mar 2026
Advance Agrolife Ltd ADVANCE⚠ unverified13.5Mar 2026
Heranba Industries Ltd HERANBA⚠ unverified24.3Mar 2026
Best Agrolife Ltd BESTAGRO19.1Mar 2026
Full 20-quarter history · every available company

Guarded PEG · reported quarter history

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

0.7
0.5
0.8
0.6
1.4
3.0

Dhanuka Agritech Ltd · DHANUKA

1.1
2.8
1.7
0.6
1.3
1.4
1.8
2.3
0.7
1.7

Epigral Ltd · EPIGRAL

0.3
0.9
0.4

Jubilant Ingrevia Ltd · JUBLINGREA

1.3
0.6
1.0
2.4

NACL Industries Ltd · NACLIND

0.6
1.7
0.9
2.0

P I Industries Ltd · PIIND

1.5
4.0
2.9
3.8
2.8
0.9
1.0
1.1
0.8
0.8
1.2
0.9
1.4
1.7

Rallis India Ltd · RALLIS

1.0
1.6
4.0
2.1
0.9

Sharda Cropchem Ltd · SHARDACROP

0.4
0.4
0.5
0.3
2.5
0.5
0.3

Sumitomo Chemical India Ltd · SUMICHEM

1.3
1.6
2.4
2.2
1.0
0.9
1.0
1.4
1.7
3.5
6.5

UPL Ltd · UPL

0.5
1.8
0.5
0.5
0.5
0.8
0.5

P/E · reported quarter history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bayer CropScience Ltd · BAYERCROP⚠ unverified

56.1
40.0
34.7
32.3
31.3
29.5
24.0
25.1
28.4
31.0
31.8
45.5
49.7
48.0
39.0
47.7
35.5
30.6
30.3

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

21.6
29.6
28.1
26.6
33.5
30.7
26.6
35.2
36.0
55.5
82.2
142.6
168.6
155.4
147.9
267.0
259.9
240.7
185.3

Dhanuka Agritech Ltd · DHANUKA

18.7
19.4
16.2
15.5
14.5
15.2
12.8
15.9
17.9
19.7
19.1
32.1
27.4
25.2
20.9
25.3
23.2
18.7
14.5

Epigral Ltd · EPIGRAL

28.9
30.9
21.4
20.3
18.2
14.1
10.4
13.1
14.8
18.1
23.3
28.2
37.0
26.7
22.9
21.8
16.4
13.7
10.7

GSP Crop Science Ltd · GSPCROP

16.2

Jubilant Ingrevia Ltd · JUBLINGREA

191.7
144.2
15.9
16.5
21.2
23.3
17.7
22.1
26.7
31.3
35.0
45.2
68.0
72.7
50.1
47.5
37.3
39.3
32.3
34.4

NACL Industries Ltd · NACLIND

26.5
30.1
24.6
21.1
20.9
27.7
21.1
21.1
40.6
96.7
104.9
-36.0
-75.5
-56.6

P I Industries Ltd · PIIND

62.3
58.1
51.8
45.8
49.5
50.7
39.9
48.4
38.8
35.7
36.8
34.3
40.4
32.0
30.6
38.0
32.8
32.5
31.2

Rallis India Ltd · RALLIS

26.3
28.5
25.0
23.3
25.9
29.9
23.8
24.3
25.8
30.8
30.9
38.4
40.4
36.4
26.4
40.1
38.0
34.0
28.3
28.0

Sharda Cropchem Ltd · SHARDACROP

12.3
12.7
15.9
15.5
12.0
14.8
13.8
14.6
16.4
21.4
33.2
37.8
34.2
32.4
21.1
23.4
17.8
17.1
14.6

Sumitomo Chemical India Ltd · SUMICHEM

53.5
52.3
50.4
49.5
55.1
48.4
42.1
43.4
49.5
54.8
52.3
64.9
64.3
53.6
54.1
51.6
48.0
42.5
34.4

UPL Ltd · UPL

18.8
19.1
19.0
13.8
13.7
13.9
13.5
15.2
17.9
26.9
24.6
-445.1
70.8
46.4
37.8
27.6
26.5
08 · compare level, then change

Enterprise Value & Book Value

Best Agrolife Ltd has the lowest EV/EBITDA among the 24 Pesticides/Agrochemicals companies compared here, at 6.1×. Excel Industries Ltd has the lowest P/BV at 0.69×, so level and change sit with different companies. 23 of 24 companies report a comparable reading, the latest through Mar 2026. Its EV/EBITDA series carries 19 reported observations across the 20-quarter window.

What the numbers say: Best Agrolife Ltd leads ev/ebitda at 6.1×; Excel Industries Ltd leads p/bv at 0.69×.

LeaderBest Agrolife Ltd · 6.1×
Gap0% versus #2 · Meghmani Organics Ltd
Persistence0/8 recent comparable periods
Coverage23/24 companies · 408 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Best Agrolife Ltd BESTAGRO6.1
2Meghmani Organics Ltd MOL⚠ unverified6.1
3Epigral Ltd EPIGRAL7.0
4Excel Industries Ltd EXCELINDUS⚠ unverified7.5
5India Pesticides Ltd IPL⚠ unverified7.8
P/BVlowest P/BV
1Excel Industries Ltd EXCELINDUS⚠ unverified0.7
2Best Agrolife Ltd BESTAGRO0.7
3Meghmani Organics Ltd MOL⚠ unverified0.9
4Heranba Industries Ltd HERANBA⚠ unverified0.9
5UPL Ltd UPL1.5
Enterprise and book valuation · company comparison
23/24 level · 24/24 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyEV/EBITDAP/BVReported
Astec Lifesciences Ltd ASTEC⚠ unverified102.73.1Mar 2026
Bhagiradha Chemicals & Industries Ltd BHAGCHEM56.13.5Mar 2026
NACL Industries Ltd NACLIND48.811.1Jun 2026
Titan Biotech Ltd 52471747.410.8Mar 2026
Bayer CropScience Ltd BAYERCROP⚠ unverified24.17.1Mar 2026
Sumitomo Chemical India Ltd SUMICHEM23.35.8Mar 2026
P I Industries Ltd PIIND18.93.9Mar 2026
Jubilant Ingrevia Ltd JUBLINGREA17.33.2Jun 2026
Rallis India Ltd RALLIS15.12.6Jun 2026
Heranba Industries Ltd HERANBA⚠ unverified12.10.8Mar 2026
GSP Crop Science Ltd GSPCROP11.42.0Mar 2026
Advance Agrolife Ltd ADVANCE⚠ unverified9.93.0Mar 2026
Dhanuka Agritech Ltd DHANUKA9.63.0Mar 2026
Bharat Rasayan Ltd BHARATRAS⚠ unverified9.61.8Mar 2026
Punjab Chemicals & Crop Protection Ltd PUNJABCHEM⚠ unverified9.52.8Mar 2026
Dharmaj Crop Guard Ltd DHARMAJ⚠ unverified9.21.8Mar 2026
UPL Ltd UPL8.11.6Mar 2026
Sharda Cropchem Ltd SHARDACROP8.03.1Mar 2026
Insecticides India Ltd INSECTICID⚠ unverified8.01.4Mar 2026
India Pesticides Ltd IPL⚠ unverified7.81.6Mar 2026
Excel Industries Ltd EXCELINDUS⚠ unverified7.50.6Mar 2026
Epigral Ltd EPIGRAL7.01.7Mar 2026
Meghmani Organics Ltd MOL⚠ unverified6.10.7Mar 2026
Best Agrolife Ltd BESTAGRO6.10.6Mar 2026
Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bayer CropScience Ltd · BAYERCROP⚠ unverified

31.6
31.6
27.0
25.2
24.2
24.1
19.7
20.6
23.4
23.6
24.2
34.1
38.0
38.8
32.5
40.3
29.5
24.8
24.1

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

11.7
16.1
15.4
14.8
18.6
17.6
16.4
21.2
19.8
28.2
36.2
69.1
81.8
71.8
66.8
85.0
79.2
71.1
56.1

Dhanuka Agritech Ltd · DHANUKA

13.1
13.5
11.3
11.0
10.4
10.8
9.1
11.4
12.7
13.9
13.1
21.3
17.7
16.6
13.8
16.6
15.3
12.4
9.6

Epigral Ltd · EPIGRAL

14.0
15.2
11.6
11.9
11.2
8.8
6.7
7.9
8.2
9.5
11.3
13.3
17.9
14.0
12.8
11.5
10.7
9.0
7.0

GSP Crop Science Ltd · GSPCROP

11.4

Jubilant Ingrevia Ltd · JUBLINGREA

97.3
78.0
9.3
9.6
11.7
12.7
9.5
12.0
14.3
16.9
17.0
18.8
27.8
29.2
21.9
22.6
18.6
20.1
16.3
17.3

NACL Industries Ltd · NACLIND

12.6
16.0
13.9
11.1
13.8
16.8
12.4
11.9
16.5
19.1
22.6
25.0
37.0
29.5
73.6
283.3
34.3
48.8

P I Industries Ltd · PIIND

40.3
37.8
34.4
30.1
32.9
34.0
27.5
34.4
27.2
26.1
26.9
24.8
28.7
21.5
19.7
24.0
20.4
19.9
18.9

Rallis India Ltd · RALLIS

15.9
16.9
14.4
12.6
14.0
16.1
12.8
13.1
13.9
16.6
16.6
20.7
21.8
19.6
14.2
21.6
20.4
18.3
15.3
15.1

Sharda Cropchem Ltd · SHARDACROP

5.2
5.3
7.3
7.3
5.7
7.0
6.6
7.1
6.3
7.1
6.4
11.1
10.5
12.5
8.5
10.8
9.0
8.8
8.0

Sumitomo Chemical India Ltd · SUMICHEM

36.5
35.3
34.1
33.1
37.4
33.0
29.1
30.6
33.7
36.8
34.2
41.5
42.2
35.0
35.6
34.5
32.5
28.7
23.3

UPL Ltd · UPL

9.2
9.2
9.4
7.2
8.1
8.1
6.9
7.0
6.8
9.2
11.8
13.4
15.8
15.2
13.1
10.3
8.8
10.3
8.1

P/BV · reported quarter history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Bayer CropScience Ltd · BAYERCROP⚠ unverified

8.4
7.8
8.9
8.9
7.7
7.7
6.7
7.3
7.7
7.9
8.3
10.6
9.3
8.1
7.8
9.9
6.9
6.6
7.1

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

3.8
5.1
5.3
6.1
4.6
4.6
6.4
8.2
4.0
5.0
5.3
8.3
8.6
5.9
5.5
7.5
4.7
4.3
3.5

Dhanuka Agritech Ltd · DHANUKA

4.8
4.3
3.7
4.1
2.9
3.1
3.0
3.9
3.6
4.1
3.9
7.2
5.5
5.3
4.6
6.0
4.8
3.9
3.0

Epigral Ltd · EPIGRAL

5.8
5.6
7.2
7.1
6.4
5.6
5.4
4.3
3.9
3.6
4.0
4.4
7.4
5.6
5.8
4.1
3.8
2.6
1.7

GSP Crop Science Ltd · GSPCROP

2.0

Jubilant Ingrevia Ltd · JUBLINGREA

6.3
4.0
3.3
4.1
3.2
3.3
2.4
2.8
2.9
3.0
2.7
3.1
4.3
4.5
3.7
4.4
3.5
3.7
2.9
3.2

NACL Industries Ltd · NACLIND

3.8
4.3
3.8
3.6
2.9
4.2
3.5
4.1
3.0
2.9
2.2
2.7
2.3
2.8
4.3
8.6
11.0
8.8
6.8
11.1

P I Industries Ltd · PIIND

9.1
8.0
7.4
7.2
6.9
7.8
7.5
9.7
7.3
6.7
7.3
8.0
8.1
6.0
5.5
7.2
5.2
4.5
3.9

Rallis India Ltd · RALLIS

3.5
3.2
2.8
2.2
2.4
2.8
2.2
2.3
2.4
2.9
2.9
3.6
3.8
3.4
2.5
3.7
3.5
3.2
2.6
2.6

Sharda Cropchem Ltd · SHARDACROP

1.8
1.9
2.9
3.4
2.1
2.4
2.3
2.6
1.7
2.0
1.4
1.8
2.3
3.1
2.2
3.2
3.0
2.9
3.1

Sumitomo Chemical India Ltd · SUMICHEM

12.9
10.9
11.5
13.6
11.3
11.0
11.0
11.3
8.8
8.0
6.9
10.1
11.4
9.5
10.3
10.7
9.2
7.2
5.8

UPL Ltd · UPL

2.8
3.0
3.1
2.5
2.2
2.3
2.4
2.3
1.9
1.6
1.3
1.7
2.0
1.6
2.0
2.2
1.9
2.0
1.6
09 · let price answer last

Market action

Titan Biotech Ltd has the strongest one-year price move in Pesticides/Agrochemicals at +365.8%. It also leads on Mansfield relative strength against NIFTY at +48.7%. 5 of 22 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Pesticides/Agrochemicals comparison names 6 specific ways its own evidence can mislead, all listed below. All 24 companies here report on comparable dates, so no rank carries a stale marker. 11 draw at least one figure from a second feed with too little overlap to cross-check. 1 of the 8 ranked sections has fewer than three usable current readings.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 11 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
  • Thin comparisons: Capital expenditure have fewer than three usable current readings.
10 · the complete set

Which companies are included?

All 24 companies in the canonical Pesticides/Agrochemicals membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentalsSource standing
UPL Ltd UPL₹50.8K Cr₹6022026-07-19Mar 2026Cross-checked
P I Industries Ltd PIIND₹41.4K Cr₹2,7312026-07-19Mar 2026Cross-checked
Sumitomo Chemical India Ltd SUMICHEMAHEAD₹26.0K Cr₹5202026-07-19Mar 2026Cross-checked
Bayer CropScience Ltd BAYERCROP⚠ unverified₹19.0K Cr₹4,2182026-07-19Mar 2026Includes unverified figures
Jubilant Ingrevia Ltd JUBLINGREA₹11.6K Cr₹7262026-07-19Jun 2026Cross-checked
Sharda Cropchem Ltd SHARDACROP₹7.9K Cr₹8732026-07-19Mar 2026Cross-checked
Epigral Ltd EPIGRAL₹5.0K Cr₹1,1632026-07-19Mar 2026Cross-checked
NACL Industries Ltd NACLINDAHEAD₹4.6K Cr₹1972026-07-19Jun 2026Cross-checked
Dhanuka Agritech Ltd DHANUKA₹4.5K Cr₹1,0132026-07-19Mar 2026Cross-checked
Rallis India Ltd RALLIS₹4.3K Cr₹2192026-07-19Jun 2026Cross-checked
Bhagiradha Chemicals & Industries Ltd BHAGCHEM₹3.4K Cr₹2632026-07-19Mar 2026Cross-checked
GSP Crop Science Ltd GSPCROP₹2.5K Cr₹5302026-07-19Mar 2026Cross-checked
Bharat Rasayan Ltd BHARATRAS⚠ unverified₹2.1K Cr₹1,2612026-07-19Mar 2026Includes unverified figures
Insecticides India Ltd INSECTICID⚠ unverified₹1.8K Cr₹6162026-07-19Mar 2026Includes unverified figures
India Pesticides Ltd IPLLAGGING, FUNDAMENTALS UP⚠ unverified₹1.7K Cr₹1502026-07-19Mar 2026Includes unverified figures
Titan Biotech Ltd 52471719/26 WEEKS₹1.7K Cr₹4162026-07-19Mar 2026Primary source only
Astec Lifesciences Ltd ASTEC⚠ unverified₹1.5K Cr₹6592026-07-19Mar 2026Includes unverified figures
Meghmani Organics Ltd MOL⚠ unverified₹1.4K Cr₹54.52026-07-19Mar 2026Includes unverified figures
Punjab Chemicals & Crop Protection Ltd PUNJABCHEM⚠ unverified₹1.4K Cr₹1,1222026-07-19Mar 2026Includes unverified figures
Excel Industries Ltd EXCELINDUS⚠ unverified₹1.2K Cr₹9322026-07-19Mar 2026Includes unverified figures
Dharmaj Crop Guard Ltd DHARMAJ21/26 WEEKS⚠ unverified₹882 Cr₹2612026-07-19Mar 2026Includes unverified figures
Advance Agrolife Ltd ADVANCE⚠ unverified₹706 Cr₹1102026-07-19Mar 2026Includes unverified figures
Heranba Industries Ltd HERANBA⚠ unverified₹700 Cr₹1752026-07-19Mar 2026Includes unverified figures
Best Agrolife Ltd BESTAGRO₹538 Cr₹15.22026-07-19Mar 2026Primary source only
How each company's sources stand: 11 of 24 companies draw at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear.
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 24 Pesticides/Agrochemicals companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing11 cross-checked · 13 unverified · 0 withheld, of 24 graded companies.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

Questions investors ask · short, speakable answers

Pesticides/Agrochemicals company comparison FAQs

These 18 answers restate the Pesticides/Agrochemicals comparison above in question form. Every one is computed from the same 24 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.

What is the Nifty Pesticides/Agrochemicals index?

The Nifty Pesticides/Agrochemicals index tracks India's listed Pesticides/Agrochemicals companies as a single basket. This page follows the same 24 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Pesticides/Agrochemicals sector rather than to its largest constituent. Figures are as of Jun 2026.

Which are the best Pesticides/Agrochemicals stocks in India?

Ranked by this page's four-factor score, Sharda Cropchem Ltd places first among 24 listed Pesticides/Agrochemicals companies, followed by Titan Biotech Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Pesticides/Agrochemicals stocks are listed in India?

This comparison covers 24 listed Pesticides/Agrochemicals companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Pesticides/Agrochemicals company is the biggest?

UPL Ltd is the largest, with trailing-twelve-month revenue of ₹51,839 crore, ahead of P I Industries Ltd at ₹6,713 crore. That covers 24 of 24 companies with comparable reporting through Mar 2026.

Which Pesticides/Agrochemicals company is growing fastest?

Titan Biotech Ltd has the fastest revenue growth at 31.8% year on year, across 24 of 24 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Pesticides/Agrochemicals company has the best profit margins?

Sharda Cropchem Ltd has the highest operating margin at 24%, from 24 of 24 comparable companies. Bhagiradha Chemicals & Industries Ltd shows the biggest recent improvement, at +7.3 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Pesticides/Agrochemicals company makes the most profit?

UPL Ltd earns the most, at ₹2,220 crore of trailing-twelve-month net profit, from 24 of 24 comparable companies. Meghmani Organics Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Pesticides/Agrochemicals company earns the highest return on capital?

Sharda Cropchem Ltd leads on return on capital employed at 30.2%, across 24 of 24 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Pesticides/Agrochemicals stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Sharda Cropchem Ltd screens cheapest at 0.26×. Only 10 of 24 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Pesticides/Agrochemicals company has the strongest balance sheet?

Sharda Cropchem Ltd carries the lowest comparable gross debt at ₹0 crore, from 24 of 24 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Pesticides/Agrochemicals stock has the strongest price momentum?

Titan Biotech Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Pesticides/Agrochemicals company scores highest for research priority?

Sharda Cropchem Ltd scores 79.1 out of 100 with 92.8% evidence confidence, from 29.4 points on growth and earnings, 21.9 on capital efficiency, 19.2 on valuation and 8.6 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Pesticides/Agrochemicals companies does this comparison cover, and over what period?

It compares 24 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Pesticides/Agrochemicals sector?

The 24 Pesticides/Agrochemicals companies on this page carry ₹1,96,485 crore of combined market value. UPL Ltd is the largest at ₹50,841 crore, about 26% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.

What is the Pesticides/Agrochemicals sector's P/E ratio?

The median price-to-earnings ratio across the 24 Pesticides/Agrochemicals companies on this page is 26.9×, measured on the 22 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-29.

How is the Pesticides/Agrochemicals sector performing?

5 of the 22 covered Pesticides/Agrochemicals companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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