Sector Alpha Week of 2026-09-17
Not SEBI Registered !! Not Investment advice !!
20-quarter listed-company comparison

Pesticides/Agrochemicals Stocks in India

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

The 24 Pesticides/Agrochemicals companies listed in India are UPL Ltd (₹48.4K Cr, the largest), P I Industries Ltd, Sumitomo Chemical India Ltd and 21 more. 7 of 22 covered companies beat NIFTY 500 on relative strength. Readings are as of 17 Sep 2026.

Top 10 Pesticides/Agrochemicals Stocks in India (Sep 2026) — ranked by 4-Factor score

  1. 1Bayer CropScience Ltd₹17.9K Cr71.8/100Favorable setup · strongest on ROCE and relative strength versus sector
  2. 2Titan Biotech Ltd₹1.8K Cr68.9/100Favorable setup · strongest on ROCE and relative strength versus sector
  3. 3Sharda Cropchem Ltd₹6.9K Cr64.7/100Mixed-positive evidence · strongest on ROCE and PEG
  4. 4Dharmaj Crop Guard Ltd₹910 Cr63.2/100Mixed-positive evidence · strongest on relative strength versus sector and ROCE improvement
  5. 5Punjab Chemicals & Crop Protection Ltd₹1.3K Cr60.5/100Mixed-positive evidence · strongest on profit growth and ROCE
  6. 6Advance Agrolife Ltd₹758 Cr56.9/100Mixed-positive evidence · strongest on profit growth and ROCE
  7. 7India Pesticides Ltd₹1.5K Cr52.9/100Mixed-positive evidence · strongest on own-history P/E and ROCE improvement
  8. 8Bhagiradha Chemicals & Industries Ltd₹3.4K Cr51.9/100Mixed-positive evidence · strongest on profit growth and relative strength versus sector
  9. 9Rallis India Ltd₹3.9K Cr50.9/100Mixed-positive evidence · strongest on own-history P/E and profit growth
  10. 10Astec Lifesciences Ltd₹1.6K Cr50.9/100Mixed-positive evidence · strongest on ROCE improvement and relative strength versus sector

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 11 Sep 2026. Not investment advice.

01 · the index people search for

Nifty Pesticides/Agrochemicals Index — Constituents & Performance

The largest 15 of 24 listed Indian Pesticides/Agrochemicals companies are named here; all 24 are ranked in the scorecard — the constituent set people search for as the Nifty Pesticides/Agrochemicals index. Every figure is equal-weighted across those companies and carries its own as-of date. One large constituent cannot set the reading.

  1. UPL Ltd₹48.4K Cr
  2. P I Industries Ltd₹34.3K Cr
  3. Sumitomo Chemical India Ltd₹23.8K Cr
  4. Bayer CropScience Ltd₹17.9K Cr
  5. Jubilant Ingrevia Ltd₹10.5K Cr
  6. Sharda Cropchem Ltd₹6.9K Cr
  7. Epigral Ltd₹4.9K Cr
  8. Dhanuka Agritech Ltd₹4.4K Cr
  9. Rallis India Ltd₹3.9K Cr
  10. NACL Industries Ltd₹3.7K Cr
  11. Bhagiradha Chemicals & Industries Ltd₹3.4K Cr
  12. GSP Crop Science Ltd₹2.2K Cr
  13. Bharat Rasayan Ltd₹1.9K Cr
  14. Titan Biotech Ltd₹1.8K Cr
  15. Insecticides India Ltd₹1.8K Cr

The remaining 9 Pesticides/Agrochemicals companies are named and ranked in the scorecard.

02 · the sector itself · before any single company

How has Pesticides/Agrochemicals moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 2% behind NIFTY 500. Earnings across its companies grew 9% on average over the last four reported quarters.

BASING · 1y −7.5%Moving with the index6 of the 23 companies with a long enough price record 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 — · 10/23 >200d (+1) · 6/23 lead (+1) · EPS 15/23↑

20030020262025202420232022 294303 TRAILING 12-MONTH EPS · 100 AT THE START0100110Jun 22Dec 22Jun 23Dec 23Jun 24Dec 24Jun 25Dec 25Jun 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 9 reporting · thin coverageSep 2022 · trailing 12-month earnings per share at 105, against 100 at the start · no comparable year yet · 10 reporting · thin coverageDec 2022 · trailing 12-month earnings per share at 108, against 100 at the start · no comparable year yet · 10 reporting · thin coverageMar 2023 · trailing 12-month earnings per share at 109, against 100 at the start · no comparable year yet · 10 reporting · thin coverageJun 2023 · trailing 12-month earnings per share at 82, against 100 at the start · down 14.4% on a year ago · 10 reporting · thin coverageSep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · down 33.8% on a year ago · 19 reportingDec 2023 · trailing 12-month earnings per share at 76, against 100 at the start · down 42.3% on a year ago · 19 reportingMar 2024 · trailing 12-month earnings per share at 65, against 100 at the start · down 42.6% on a year ago · 20 reportingJun 2024 · trailing 12-month earnings per share at 74, against 100 at the start · down 25.5% on a year ago · 20 reportingSep 2024 · trailing 12-month earnings per share at 77, against 100 at the start · up 11.0% on a year ago · 20 reportingDec 2024 · trailing 12-month earnings per share at 74, against 100 at the start · up 3.5% on a year ago · 20 reportingMar 2025 · trailing 12-month earnings per share at 87, against 100 at the start · up 25.4% on a year ago · 22 reportingJun 2025 · trailing 12-month earnings per share at 102, against 100 at the start · up 25.2% on a year ago · 22 reportingSep 2025 · trailing 12-month earnings per share at 107, against 100 at the start · up 5.1% on a year ago · 22 reportingDec 2025 · trailing 12-month earnings per share at 106, against 100 at the start · up 13.0% on a year ago · 22 reportingMar 2026 · trailing 12-month earnings per share at 110, against 100 at the start · up 9.0% on a year ago · 22 reportingJun 2026 · trailing 12-month earnings per share at 107, against 100 at the start · up 10.1% on a year ago · 22 reportingNot reported yet — earnings trail price by a quarter or two107No earnings on file this far back — the price series reaches further than the filings do
20030020262025202420232022 294303 TRAILING 12-MONTH EPS · 100 AT THE START0100110Jun 22Jun 23Jun 24Jun 25Jun 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 9 reporting · thin coverageSep 2022 · trailing 12-month earnings per share at 105, against 100 at the start · no comparable year yet · 10 reporting · thin coverageDec 2022 · trailing 12-month earnings per share at 108, against 100 at the start · no comparable year yet · 10 reporting · thin coverageMar 2023 · trailing 12-month earnings per share at 109, against 100 at the start · no comparable year yet · 10 reporting · thin coverageJun 2023 · trailing 12-month earnings per share at 82, against 100 at the start · down 14.4% on a year ago · 10 reporting · thin coverageSep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · down 33.8% on a year ago · 19 reportingDec 2023 · trailing 12-month earnings per share at 76, against 100 at the start · down 42.3% on a year ago · 19 reportingMar 2024 · trailing 12-month earnings per share at 65, against 100 at the start · down 42.6% on a year ago · 20 reportingJun 2024 · trailing 12-month earnings per share at 74, against 100 at the start · down 25.5% on a year ago · 20 reportingSep 2024 · trailing 12-month earnings per share at 77, against 100 at the start · up 11.0% on a year ago · 20 reportingDec 2024 · trailing 12-month earnings per share at 74, against 100 at the start · up 3.5% on a year ago · 20 reportingMar 2025 · trailing 12-month earnings per share at 87, against 100 at the start · up 25.4% on a year ago · 22 reportingJun 2025 · trailing 12-month earnings per share at 102, against 100 at the start · up 25.2% on a year ago · 22 reportingSep 2025 · trailing 12-month earnings per share at 107, against 100 at the start · up 5.1% on a year ago · 22 reportingDec 2025 · trailing 12-month earnings per share at 106, against 100 at the start · up 13.0% on a year ago · 22 reportingMar 2026 · trailing 12-month earnings per share at 110, against 100 at the start · up 9.0% on a year ago · 22 reportingJun 2026 · trailing 12-month earnings per share at 107, against 100 at the start · up 10.1% on a year ago · 22 reportingNot reported yet — earnings trail price by a quarter or two107No 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

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 23 of its 24 companies — the 1 with too short a price record are ranked in the scorecard but cannot sit in this line. 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.

03 · sector relative strength, before individual stocks

Is Pesticides/Agrochemicals outperforming NIFTY 500?

Pesticides/Agrochemicals has underperformed NIFTY 500 by 11.7% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 0.4%. 7 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 +35.7%. Readings are as of 2026-08-22.

-0.4%Sector vs NIFTY 500 · 13 weeks
-11.7%Sector vs NIFTY 500 · 52 weeks
7/22Stocks leading NIFTY 500
6/22Stocks leading sector

Sector metric: 16.0 as of 2026-08-22 · CONSOLIDATION · 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

Pesticides/Agrochemicals has underperformed NIFTY 500 by 11.7% over 52 weeks and 0.4% over 13 weeks. 7 of 22 covered companies beat NIFTY on Mansfield relative strength, while 6 of 22 beat the sector itself. UPL Ltd leads with revenue of ₹52,804 crore, based on 24 of 24 comparable companies through Jun 2026.

Companies
24
complete canonical membership
Combined market value
₹1.8 L Cr
UPL Ltd
Revenue growing
15/23
positive TTM year-on-year growth
Beating NIFTY 500
7/22
positive Mansfield relative strength
Comparing 5 of 24
04 · 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%
Bayer CropScience Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 94% evidence confidence.
Bharat Rasayan Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
Best Agrolife Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Bayer CropScience LtdBAYERCROP 71.8/100Favorable setup94% evidence BASING 22.9/35 Revenue -2.8% · PAT 23.8% · OPM change 2 pp 100% evidence 21.2/25 ROCE 29.1% · OPM 20% 100% evidence 14.7/20 P/E 24.4× · PEG 1.28 100% evidence 13.0/20 RS sector 9.4% · RS bench -11% · 1Y -21.8%0 of 10 weeks ahead 70% evidence
Exact sum: 22.9 + 21.2 + 14.7 + 13 = 71.8 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
2Titan Biotech Ltd524717 68.9/100Favorable setup82% evidence ASLEEP 29.1/35 Revenue 31.8% · PAT 38.7% · OPM change 2 pp 95% evidence 20.1/25 ROCE 22.8% · OPM 21% 76% evidence 5.7/20 P/E 53.3× · PEG — 50% evidence 14.0/20 RS sector 35.7% · RS bench 34.4% · 1Y 213.5%0 of 12 weeks ahead 100% evidence
Exact sum: 29.1 + 20.1 + 5.7 + 14 = 68.9 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
3Sharda Cropchem LtdSHARDACROP 64.7/100Mixed-positive evidence100% evidence BASING 24.2/35 Revenue 18.5% · PAT 49% · OPM change -5 pp 100% evidence 19.6/25 ROCE 30.2% · OPM 17% 100% evidence 18.7/20 P/E 11× · PEG 0.26 100% evidence 2.2/20 RS sector -14.6% · RS bench -15.4% · 1Y -16.2%0 of 12 weeks ahead 100% evidence
Exact sum: 24.2 + 19.6 + 18.7 + 2.2 = 64.7 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -14.6% and the one-year return is -16.2%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
4Dharmaj Crop Guard LtdDHARMAJ 63.2/100Mixed-positive evidence74% evidence BASING 21.1/35 Revenue 8.5% · PAT 13.2% · OPM change 1 pp 95% evidence 15.9/25 ROCE 16.8% · OPM 15% 95% evidence 10.9/20 P/E 15.1× · PEG — 15% evidence 15.3/20 RS sector 5% · RS bench 4.5% · 1Y -27.7%0 of 10 weeks ahead 70% evidence
Exact sum: 21.1 + 15.9 + 10.9 + 15.3 = 63.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Punjab Chemicals & Crop Protection LtdPUNJABCHEM 60.5/100Mixed-positive evidence81% evidence BREAKING OUT 23.4/35 Revenue 8.2% · PAT 43.5% · OPM change 1 pp 95% evidence 17.9/25 ROCE 18.6% · OPM 12% 95% evidence 11.6/20 P/E 19.5× · PEG — 50% evidence 7.6/20 RS sector -6.2% · RS bench -5.8% · 1Y -4.2%5 of 10 weeks ahead 70% evidence
Exact sum: 23.4 + 17.9 + 11.6 + 7.6 = 60.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Advance Agrolife LtdADVANCE 56.9/100Mixed-positive evidence60% evidence BREAKING OUT 21.3/35 Revenue 48.4% · PAT 81.5% · OPM change 1 pp 95% evidence 14.8/25 ROCE 19.6% · OPM 11% 95% evidence 10.8/20 P/E 15.5× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —8 of 10 weeks ahead 0% evidence
Exact sum: 21.3 + 14.8 + 10.8 + 10 = 56.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7India Pesticides LtdIPL 52.9/100Mixed-positive evidence81% evidence BASING 20.1/35 Revenue 17% · PAT 10.1% · OPM change -2 pp 95% evidence 13.7/25 ROCE 16.6% · OPM 14% 95% evidence 14.1/20 P/E 14.3× · PEG — 50% evidence 5.0/20 RS sector -11.9% · RS bench -17.5% · 1Y -35.3%1 of 11 weeks ahead 70% evidence
Exact sum: 20.1 + 13.7 + 14.1 + 5 = 52.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8Bhagiradha Chemicals & Industries LtdBHAGCHEM 51.9/100Mixed-positive evidence100% evidence ASLEEP 29.1/35 Revenue 33.7% · PAT 100% · OPM change 9 pp 100% evidence 7.0/25 ROCE 4.5% · OPM 16% 100% evidence 1.6/20 P/E 122× · PEG 8.06 100% evidence 14.2/20 RS sector 9.1% · RS bench 7.6% · 1Y -4.7%10 of 12 weeks ahead 100% evidence
Exact sum: 29.1 + 7 + 1.6 + 14.2 = 51.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9Rallis India LtdRALLIS 50.9/100Mixed-positive evidence94% evidence BASING 20.4/35 Revenue 4.4% · PAT 24.4% · OPM change 2 pp 100% evidence 10.6/25 ROCE 14.1% · OPM 18% 100% evidence 11.5/20 P/E 17.2× · PEG 2.15 100% evidence 8.4/20 RS sector -1.8% · RS bench -19% · 1Y -43.5%0 of 10 weeks ahead 70% evidence
Exact sum: 20.4 + 10.6 + 11.5 + 8.4 = 50.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10Astec Lifesciences LtdASTEC 50.9/100Mixed-positive evidence69% evidence BASING 23.9/35 Revenue 9.4% · PAT 47.7% · OPM change 11.2 pp 71% evidence 3.2/25 ROCE -5.4% · OPM -0.8% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 13.8/20 RS sector 5.1% · RS bench 3.6% · 1Y -17.7%2 of 12 weeks ahead 100% evidence
Exact sum: 23.9 + 3.2 + 10 + 13.8 = 50.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11Jubilant Ingrevia LtdJUBLINGREA 50.5/100Mixed-positive evidence93% evidence TURNING 19.0/35 Revenue 11% · PAT 11.2% · OPM change 1 pp 100% evidence 10.6/25 ROCE 11.4% · OPM 15% 100% evidence 6.1/20 P/E 33× · PEG 2.41 65% evidence 14.8/20 RS sector 0.7% · RS bench -0.6% · 1Y -8.3%5 of 12 weeks ahead 100% evidence
Exact sum: 19 + 10.6 + 6.1 + 14.8 = 50.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12Sumitomo Chemical India LtdSUMICHEM 46.2/100Mixed-negative evidence94% evidence FADING 12.6/35 Revenue -3.6% · PAT 3.9% · OPM change 1 pp 100% evidence 19.0/25 ROCE 22.1% · OPM 22% 100% evidence 5.5/20 P/E 41.6× · PEG 4 100% evidence 9.1/20 RS sector -8.2% · RS bench 3.2% · 1Y -16.3%6 of 10 weeks ahead 70% evidence
Exact sum: 12.6 + 19 + 5.5 + 9.1 = 46.2 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.
13NACL Industries LtdNACLIND 45.9/100Mixed-negative evidence100% evidence ASLEEP 29.1/35 Revenue 11.9% · PAT 100% · OPM change 3 pp 100% evidence 3.9/25 ROCE 8.1% · OPM 11% 100% evidence 3.7/20 P/E 142× · PEG 2.02 100% evidence 9.2/20 RS sector -4.3% · RS bench -5.8% · 1Y -35%7 of 12 weeks ahead 100% evidence
Exact sum: 29.1 + 3.9 + 3.7 + 9.2 = 45.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14Meghmani Organics LtdMOL 45.8/100Mixed-negative evidence74% evidence BREAKING OUT 20.8/35 Revenue -7.8% · PAT 100% · OPM change 7 pp 95% evidence 7.8/25 ROCE 6.7% · OPM 18% 95% evidence 9.4/20 P/E 24.8× · PEG — 15% evidence 7.8/20 RS sector -33.7% · RS bench 7.6% · 1Y -22%7 of 10 weeks ahead 70% evidence
Exact sum: 20.8 + 7.8 + 9.4 + 7.8 = 45.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
15Excel Industries LtdEXCELINDUS 42.8/100Mixed-negative evidence74% evidence TURNING 12.4/35 Revenue 5.5% · PAT -20.4% · OPM change 0 pp 95% evidence 10.3/25 ROCE 6.2% · OPM 14% 95% evidence 10.4/20 P/E 17.3× · PEG — 15% evidence 9.7/20 RS sector -4.6% · RS bench 1.7% · 1Y -15.6%4 of 10 weeks ahead 70% evidence
Exact sum: 12.4 + 10.3 + 10.4 + 9.7 = 42.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
16UPL LtdUPL 42.2/100Mixed-negative evidence91% evidence BASING 17.1/35 Revenue 12.9% · PAT 98.4% · OPM change -2 pp 74% evidence 8.3/25 ROCE 10.1% · OPM 13% 100% evidence 12.2/20 P/E 24.5× · PEG 0.5 100% evidence 4.6/20 RS sector -11.6% · RS bench -12.5% · 1Y -16.8%0 of 12 weeks ahead 100% evidence
Exact sum: 17.1 + 8.3 + 12.2 + 4.6 = 42.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
17Bharat Rasayan LtdBHARATRAS 41.9/100Mixed-negative evidence87% evidence ASLEEP 10.8/35 Revenue -5.2% · PAT 3.6% · OPM change -3 pp 95% evidence 13.6/25 ROCE 16% · OPM 15% 95% evidence 14.4/20 P/E 13.2× · PEG — 50% evidence 3.1/20 RS sector -32.8% · RS bench -34% · 1Y -53.8%0 of 12 weeks ahead 100% evidence
Exact sum: 10.8 + 13.6 + 14.4 + 3.1 = 41.9 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
18Epigral LtdEPIGRAL 41.2/100Mixed-negative evidence94% evidence TURNING 7.5/35 Revenue 4.8% · PAT -37.4% · OPM change -2 pp 100% evidence 14.5/25 ROCE 15.5% · OPM 25% 100% evidence 14.4/20 P/E 18× · PEG 0.43 100% evidence 4.8/20 RS sector -32.9% · RS bench -6.6% · 1Y -35.9%1 of 10 weeks ahead 70% evidence
Exact sum: 7.5 + 14.5 + 14.4 + 4.8 = 41.2 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
19Dhanuka Agritech LtdDHANUKA 40.8/100Mixed-negative evidence100% evidence BASING 6.6/35 Revenue -5.6% · PAT -12.1% · OPM change -4 pp 100% evidence 16.2/25 ROCE 23.8% · OPM 12% 100% evidence 11.4/20 P/E 16.3× · PEG 1.72 100% evidence 6.6/20 RS sector -11% · RS bench -12.4% · 1Y -38.9%1 of 12 weeks ahead 100% evidence
Exact sum: 6.6 + 16.2 + 11.4 + 6.6 = 40.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
20Best Agrolife LtdBESTAGRO 40.0/100Mixed-negative evidence87% evidence TURNING 7.9/35 Revenue -24.1% · PAT -56.5% · OPM change 8 pp 95% evidence 9.1/25 ROCE 5.2% · OPM 20% 95% evidence 8.8/20 P/E 22.8× · PEG — 50% evidence 14.2/20 RS sector -0.4% · RS bench -1.8% · 1Y -27.2%5 of 12 weeks ahead 100% evidence
Exact sum: 7.9 + 9.1 + 8.8 + 14.2 = 40 · Decision use: Price leads the evidence: RS versus the benchmark is -1.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
21Insecticides India LtdINSECTICID 37.6/100Mixed-negative evidence87% evidence BASING 10.7/35 Revenue 1.3% · PAT -16.7% · OPM change -1 pp 95% evidence 10.8/25 ROCE 15.8% · OPM 11% 95% evidence 11.5/20 P/E 14.2× · PEG — 50% evidence 4.6/20 RS sector -6.7% · RS bench -8% · 1Y -23.4%1 of 12 weeks ahead 100% evidence
Exact sum: 10.7 + 10.8 + 11.5 + 4.6 = 37.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
22P I Industries LtdPIIND 35.3/100Mixed-negative evidence94% evidence BASING 4.7/35 Revenue -16.6% · PAT -27.8% · OPM change -5 pp 100% evidence 13.8/25 ROCE 15% · OPM 22% 100% evidence 9.5/20 P/E 31.7× · PEG 1.71 100% evidence 7.3/20 RS sector -3.4% · RS bench -25.1% · 1Y -38.3%0 of 10 weeks ahead 70% evidence
Exact sum: 4.7 + 13.8 + 9.5 + 7.3 = 35.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
23Heranba Industries LtdHERANBA 28.0/100Adverse evidence77% evidence BASING 8.9/35 Revenue -2.6% · PAT -80% · OPM change 5.9 pp 95% evidence 2.8/25 ROCE -1.7% · OPM 12.8% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 6.3/20 RS sector -19% · RS bench -20.3% · 1Y -48.7%0 of 12 weeks ahead 100% evidence
Exact sum: 8.9 + 2.8 + 10 + 6.3 = 28 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
24GSP Crop Science LtdGSPCROP 47.7/100Thin evidence · provisional38% evidence BREAKING OUT 14.2/35 Revenue — · PAT — · OPM change 0 pp 45% evidence 13.6/25 ROCE 18.9% · OPM 11% 76% evidence 9.9/20 P/E 21× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —9 of 9 weeks ahead 0% evidence
Exact sum: 14.2 + 13.6 + 9.9 + 10 = 47.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
Showing 10 of 24 companies
05 · what price has already done

Market action

Titan Biotech Ltd has the strongest one-year price move in Pesticides/Agrochemicals at +213.5%. It also leads on Mansfield relative strength against NIFTY at +34.4%. 7 of 22 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-09-11.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · the story behind the numbers

Pesticides/Agrochemicals — the story behind the numbers

This is the written read behind the Pesticides/Agrochemicals figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 25 Jul 2026. 5 themes are live here, 2 of them rated high severity.

The Pesticides/Agrochemicals sector displays sharp divergence in Q4 FY26 performance among the analyzed constituents. BHARATRAS reported consolidated PAT of ₹38.15 Cr, reflecting a 51.81% YoY increase. In contrast, HERANBA reported a consolidated net loss of ₹57.82 crores.

How old this read is: This read comes from our Pesticides/Agrochemicals sector brief dated 25 Jul 2026 — 54 days old. The numbers above it are newer than the words here.

What is live in this sector right now

Live themeSeverityEvidence on file
Raw material volatility impacts margins. HERANBA margins compressed to -7.28%.Named for BHARATRAS, HERANBAhighIn-house manufacturing of key intermediates reduces input cost dependency
Sales depend on agriculture sector which relies on monsoons. Rainfall fluctuations affect crop productivity.Named for BHARATRAShighRisk is partially mitigated through wide geographical presence covering over 21 states in India and over 24 countries
Exports remain subdued due to geo-political conditions.Named for BHARATRASmediumLong-term relationship with reputed customers and wide geographical presence insulates from adverse demand-supply scenario
Export sales make up 36.13% of total sales exposing group to foreign currency fluctuation risk.Named for BHARATRASmediumForeign exchange fluctuation risk is reduced partially considering natural hedge available in the form of export sales
CIB&RC can ban or restrict pesticide molecules. HERANBA has environmental pollution control facilities underway.Named for BHARATRAS, HERANBAmediumBRL holds 489 domestic registrations and 123 international registrations

Sources: our Pesticides/Agrochemicals sector brief, 25 Jul 2026.

07 · compare level, then change

Revenue Scale & Growth Durability

UPL Ltd has the highest Revenue among the 24 Pesticides/Agrochemicals companies compared here, at ₹52,804 crore. P I Industries Ltd is next at ₹6,515 crore. Advance Agrolife Ltd has the highest Revenue growth at 48.4%, so level and change sit with different companies. 24 of 24 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: UPL Ltd is the scale leader at ₹52,804 crore, 710.5% ahead of P I Industries Ltd. Advance Agrolife Ltd's growth is 48.4% from a ₹800 crore base, with 9 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderUPL Ltd · ₹52,804 crore
Gap710.5% versus #2 · P I Industries Ltd
Persistence8/8 recent comparable periods
Coverage24/24 companies · 395 observations

Investor read: UPL Ltd is the scale benchmark; Advance Agrolife 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 Advance Agrolife 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₹52.8K Cr
2P I Industries Ltd PIIND₹6.5K Cr
3Bayer CropScience Ltd BAYERCROP₹5.6K Cr
4Sharda Cropchem Ltd SHARDACROP₹5.4K Cr
5Jubilant Ingrevia Ltd JUBLINGREA₹4.7K Cr
Revenue growthfastest growers
1Advance Agrolife Ltd ADVANCE⚠ unverified48%
4Sharda Cropchem Ltd SHARDACROP19%
5India Pesticides Ltd IPL⚠ unverified17%
Revenue · company comparison
24/24 level · 23/24 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
UPL Ltd UPL₹10.2K Cr10%Jun 2026
Bayer CropScience Ltd BAYERCROP₹1.8K Cr-4.2%Jun 2026
P I Industries Ltd PIIND₹1.7K Cr-10%Jun 2026
Jubilant Ingrevia Ltd JUBLINGREA₹1.3K Cr25%Jun 2026
Sharda Cropchem Ltd SHARDACROP₹1.1K Cr9.0%Jun 2026
Sumitomo Chemical India Ltd SUMICHEM₹1.1K Cr0.6%Jun 2026
Rallis India Ltd RALLIS₹1.0K Cr6.8%Jun 2026
Epigral Ltd EPIGRAL₹705 Cr16%Jun 2026
Insecticides India Ltd INSECTICID⚠ unverified₹612 Cr-11%Jun 2026
Meghmani Organics Ltd MOL⚠ unverified₹543 Cr-12%Jun 2026
Dhanuka Agritech Ltd DHANUKA₹462 Cr-13%Jun 2026
Best Agrolife Ltd BESTAGRO₹396 Cr3.9%Jun 2026
GSP Crop Science Ltd GSPCROP₹386 Cr2.4%Jun 2026
Heranba Industries Ltd HERANBA⚠ unverified₹383 Cr-15%Jun 2026
NACL Industries Ltd NACLIND₹383 Cr-15%Jun 2026
Dharmaj Crop Guard Ltd DHARMAJ⚠ unverified₹382 Cr4.1%Jun 2026
Punjab Chemicals & Crop Protection Ltd PUNJABCHEM⚠ unverified₹347 Cr8.4%Jun 2026
Bharat Rasayan Ltd BHARATRAS⚠ unverified₹338 Cr-10%Jun 2026
Advance Agrolife Ltd ADVANCE⚠ unverified₹330 Cr95%Jun 2026
Excel Industries Ltd EXCELINDUS⚠ unverified₹294 Cr-5.2%Jun 2026
India Pesticides Ltd IPL⚠ unverified₹252 Cr-8.4%Jun 2026
Bhagiradha Chemicals & Industries Ltd BHAGCHEM₹195 Cr57%Jun 2026
Astec Lifesciences Ltd ASTEC⚠ unverified₹84 Cr-7.7%Jun 2026
Titan Biotech Ltd 524717₹59 Cr28%Jun 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

₹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
₹792 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
₹1.8K 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
₹195 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
₹462 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
₹705 Cr

GSP Crop Science Ltd · GSPCROP

₹276 Cr
₹308 Cr
₹377 Cr
₹467 Cr
₹270 Cr
₹402 Cr
₹386 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
₹1.7K 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
₹1.1K 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
₹1.1K 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
₹10.2K 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

18%
6.4%
4.9%
2.1%
4.4%
11%
-8.0%
-19%
-6.3%
7.5%
11%
32%
17%
-11%
4.6%
5.3%
-4.2%

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

24%
33%
26%
-11%
-18%
-7.6%
-41%
-9.4%
11%
-15%
39%
11%
12%
35%
11%
28%
57%

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%
-13%

Epigral Ltd · EPIGRAL

84%
64%
27%
13%
-15%
-14%
-12%
-6.6%
43%
31%
37%
20%
-6.8%
-6.2%
-7.4%
17%
16%

GSP Crop Science Ltd · GSPCROP

-2.2%
31%
2.4%

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%
-10%

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%
9.0%

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%
0.6%

UPL Ltd · UPL

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

Operating Economics & Margin Trend

Epigral Ltd has the highest OPM among the 24 Pesticides/Agrochemicals companies compared here, at 25%. P I Industries Ltd is next at 22%. Astec Lifesciences Ltd has the highest Margin change at +11.2 percentage points, so level and change sit with different companies. 24 of 24 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Epigral Ltd leads opm at 25%; Astec Lifesciences Ltd leads margin change at +11.2 percentage points.

LeaderEpigral Ltd · 25%
Gap13.6% versus #2 · P I Industries Ltd
Persistence2/8 recent comparable periods
Coverage24/24 companies · 456 observations

Investor read: Epigral 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
1Epigral Ltd EPIGRAL25%
5Bayer CropScience Ltd BAYERCROP20%
Margin changefastest expanders
1Astec Lifesciences Ltd ASTEC⚠ unverified+11.2 pp
3Best Agrolife Ltd BESTAGRO+8.0 pp
4Meghmani Organics Ltd MOL⚠ unverified+7.0 pp
5Heranba Industries Ltd HERANBA⚠ unverified+5.9 pp
Operating margin · company comparison
24/24 level · 24/24 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
Epigral Ltd EPIGRAL25%−2.0 ppJun 2026
P I Industries Ltd PIIND22%−5.0 ppJun 2026
Sumitomo Chemical India Ltd SUMICHEM22%+1.0 ppJun 2026
Titan Biotech Ltd 52471721%+2.0 ppJun 2026
Bayer CropScience Ltd BAYERCROP20%+2.0 ppJun 2026
Best Agrolife Ltd BESTAGRO20%+8.0 ppJun 2026
Rallis India Ltd RALLIS18%+2.0 ppJun 2026
Meghmani Organics Ltd MOL⚠ unverified18%+7.0 ppJun 2026
Sharda Cropchem Ltd SHARDACROP17%−5.0 ppJun 2026
Bhagiradha Chemicals & Industries Ltd BHAGCHEM16%+9.0 ppJun 2026
Jubilant Ingrevia Ltd JUBLINGREA15%+1.0 ppJun 2026
Bharat Rasayan Ltd BHARATRAS⚠ unverified15%−3.0 ppJun 2026
Dharmaj Crop Guard Ltd DHARMAJ⚠ unverified15%+1.0 ppJun 2026
India Pesticides Ltd IPL⚠ unverified14%−2.0 ppJun 2026
Excel Industries Ltd EXCELINDUS⚠ unverified14%0.0 ppJun 2026
UPL Ltd UPL13%−2.0 ppJun 2026
Heranba Industries Ltd HERANBA⚠ unverified13%+5.9 ppJun 2026
Dhanuka Agritech Ltd DHANUKA12%−4.0 ppJun 2026
Punjab Chemicals & Crop Protection Ltd PUNJABCHEM⚠ unverified12%+1.0 ppJun 2026
NACL Industries Ltd NACLIND11%+3.0 ppJun 2026
GSP Crop Science Ltd GSPCROP11%0.0 ppJun 2026
Insecticides India Ltd INSECTICID⚠ unverified11%−1.0 ppJun 2026
Advance Agrolife Ltd ADVANCE⚠ unverified11%+1.0 ppJun 2026
Astec Lifesciences Ltd ASTEC⚠ unverified-0.8%+11.2 ppJun 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

16%
6.7%
21%
24%
16%
8.2%
21%
24%
19%
13%
12%
19%
11%
1.9%
16%
18%
13%
11%
18%
20%

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

17%
16%
15%
16%
15%
15%
15%
7.0%
11%
11%
13%
11%
9.0%
9.0%
5.0%
7.0%
11%
12%
12%
16%

Dhanuka Agritech Ltd · DHANUKA

19%
15%
20%
13%
18%
13%
21%
12%
23%
15%
22%
15%
24%
17%
25%
16%
23%
14%
26%
12%

Epigral Ltd · EPIGRAL

30%
33%
35%
35%
32%
31%
28%
21%
23%
26%
30%
27%
28%
28%
28%
27%
22%
17%
23%
25%

GSP Crop Science Ltd · GSPCROP

15%
1.0%
13%
11%
20%
4.9%
9.0%
11%

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%
1.1%
2.4%
-1.3%
9.0%
-10%
-37%
8.0%
10%
2.1%
3.7%
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%
22%

Rallis India Ltd · RALLIS

12%
11%
-0.6%
13%
12%
8.4%
-12%
14%
16%
10%
1.4%
12%
18%
8.0%
-4.7%
16%
18%
9.0%
-0.2%
18%

Sharda Cropchem Ltd · SHARDACROP

14%
21%
20%
6.4%
9.0%
20%
21%
-9.0%
3.6%
11%
19%
10%
12%
12%
17%
22%
14%
19%
24%
17%

Sumitomo Chemical India Ltd · SUMICHEM

24%
18%
16%
19%
25%
16%
12%
11%
21%
12%
21%
19%
25%
17%
18%
21%
23%
18%
20%
22%

UPL Ltd · UPL

18%
22%
21%
20%
19%
21%
16%
14%
11%
0.7%
13%
12%
11%
15%
20%
15%
16%
18%
19%
13%

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

−5.3 pp
−4.8 pp
+9.6 pp
+0.9 pp
+0.1 pp
+1.5 pp
+0.1 pp
+0.3 pp
+2.6 pp
+4.8 pp
−9.0 pp
−5.0 pp
−8.0 pp
−11.1 pp
+4.0 pp
−1.0 pp
+2.0 pp
+9.1 pp
+2.0 pp
+2.0 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
−9.1 pp
−4.3 pp
−4.3 pp
−1.9 pp
+4.0 pp
−2.0 pp
−2.0 pp
−8.0 pp
−4.0 pp
+2.0 pp
+3.0 pp
+7.0 pp
+9.0 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
+1.0 pp
−4.0 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
−2.0 pp

GSP Crop Science Ltd · GSPCROP

+4.7 pp
+3.9 pp
−4.0 pp
0.0 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
−6.9 pp
−8.9 pp
+6.7 pp
+4.0 pp
−11.1 pp
−39.4 pp
+9.3 pp
+1.0 pp
+12.1 pp
+40.7 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
−5.0 pp

Rallis India Ltd · RALLIS

−4.0 pp
0.0 pp
−4.4 pp
−2.9 pp
+0.3 pp
−2.6 pp
−11.6 pp
+0.9 pp
+3.7 pp
+1.6 pp
+13.6 pp
−2.0 pp
+2.0 pp
−2.0 pp
−6.1 pp
+4.0 pp
0.0 pp
+1.0 pp
+4.5 pp
+2.0 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
−5.4 pp
−9.0 pp
−2.0 pp
+19.0 pp
+8.4 pp
+1.0 pp
−2.0 pp
+12.0 pp
+2.0 pp
+7.0 pp
+7.0 pp
−5.0 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
+1.0 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
−20.3 pp
−3.0 pp
−2.0 pp
0.0 pp
+14.3 pp
+7.0 pp
+3.0 pp
+5.0 pp
+3.0 pp
−1.0 pp
−2.0 pp
09 · compare level, then change

Profit Scale & Acceleration

UPL Ltd has the highest Net profit among the 24 Pesticides/Agrochemicals companies compared here, at ₹2,323 crore. P I Industries Ltd is next at ₹1,164 crore. Bhagiradha Chemicals & Industries 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 ₹2,323 crore of TTM profit, 99.6% above P I Industries Ltd. Bhagiradha Chemicals & Industries Ltd shows ≥100% on the scoring scale (133.3% uncapped) growth from a ₹28 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderUPL Ltd · ₹2,323 crore
Gap99.6% versus #2 · P I Industries Ltd
Persistence1/8 recent comparable periods
Coverage24/24 companies · 395 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₹2.3K Cr
2P I Industries Ltd PIIND₹1.2K Cr
3Bayer CropScience Ltd BAYERCROP₹733 Cr
4Sharda Cropchem Ltd SHARDACROP₹626 Cr
5Sumitomo Chemical India Ltd SUMICHEM₹580 Cr
Profit growthfastest growers
2Meghmani Organics Ltd MOL⚠ unverified100%
3NACL Industries Ltd NACLIND100%
4Advance Agrolife Ltd ADVANCE⚠ unverified82%
5Sharda Cropchem Ltd SHARDACROP49%
Net profit · company comparison
24/24 level · 21/24 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
Bayer CropScience Ltd BAYERCROP₹322 Cr15%Jun 2026
P I Industries Ltd PIIND₹244 Cr-39%Jun 2026
Sumitomo Chemical India Ltd SUMICHEM₹215 Cr21%Jun 2026
Rallis India Ltd RALLIS₹125 Cr32%Jun 2026
Jubilant Ingrevia Ltd JUBLINGREA₹106 Cr41%Jun 2026
Epigral Ltd EPIGRAL₹100 Cr-38%Jun 2026
Sharda Cropchem Ltd SHARDACROP₹88 Cr-38%Jun 2026
Meghmani Organics Ltd MOL⚠ unverified₹48 Cr269%Jun 2026
Insecticides India Ltd INSECTICID⚠ unverified₹44 Cr-24%Jun 2026
Best Agrolife Ltd BESTAGRO₹41 Cr105%Jun 2026
Dharmaj Crop Guard Ltd DHARMAJ⚠ unverified₹38 Cr15%Jun 2026
Bharat Rasayan Ltd BHARATRAS⚠ unverified₹37 Cr-7.5%Jun 2026
Dhanuka Agritech Ltd DHANUKA₹36 Cr-36%Jun 2026
Excel Industries Ltd EXCELINDUS⚠ unverified₹29 Cr-15%Jun 2026
GSP Crop Science Ltd GSPCROP₹26 Cr13%Jun 2026
India Pesticides Ltd IPL⚠ unverified₹23 Cr-34%Jun 2026
Advance Agrolife Ltd ADVANCE⚠ unverified₹23 Cr156%Jun 2026
Punjab Chemicals & Crop Protection Ltd PUNJABCHEM⚠ unverified₹22 Cr4.8%Jun 2026
NACL Industries Ltd NACLIND₹21 Cr62%Jun 2026
Bhagiradha Chemicals & Industries Ltd BHAGCHEM₹13 Cr225%Jun 2026
Titan Biotech Ltd 524717₹11 Cr57%Jun 2026
Heranba Industries Ltd HERANBA⚠ unverified₹7 Cr11%Jun 2026
Astec Lifesciences Ltd ASTEC⚠ unverified₹-19 Cr-2,500%Jun 2026
UPL Ltd UPL₹-73 Cr20%Jun 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

₹154 Cr
₹85 Cr
₹153 Cr
₹303 Cr
₹163 Cr
₹135 Cr
₹159 Cr
₹328 Cr
₹223 Cr
₹93 Cr
₹96 Cr
₹254 Cr
₹136 Cr
₹34 Cr
₹143 Cr
₹279 Cr
₹153 Cr
₹96 Cr
₹162 Cr
₹322 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
₹13 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
₹36 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
₹100 Cr

GSP Crop Science Ltd · GSPCROP

₹-6 Cr
₹22 Cr
₹23 Cr
₹58 Cr
₹-6 Cr
₹20 Cr
₹26 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
₹244 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
₹88 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
₹215 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
₹-73 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

19%
5.8%
59%
3.9%
8.3%
37%
-31%
-40%
-23%
-39%
-63%
49%
9.8%
13%
182%
13%
15%

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

50%
50%
29%
-15%
-83%
-50%
-74%
-25%
200%
-17%
33%
-114%
-33%
20%
25%
225%

Dhanuka Agritech Ltd · DHANUKA

0.0%
16%
7.0%
20%
-33%
40%
-2.2%
-9.2%
48%
16%
22%
29%
14%
-20%
-27%
29%
-36%

Epigral Ltd · EPIGRAL

192%
96%
10%
-22%
-70%
-59%
-36%
0.0%
169%
113%
112%
13%
87%
-37%
-63%
-6.9%
-38%

GSP Crop Science Ltd · GSPCROP

-9.1%
13%

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%
-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%
-38%

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%
21%

UPL Ltd · UPL

34%
25%
15%
-38%
-90%
-130%
-218%
-107%
-617%
-43%
20%
10 · 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%. Bayer CropScience Ltd is next at 29.1%. 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 Jun 2026.

What the numbers say: Sharda Cropchem Ltd leads ROCE at 30.2%, 1.1 percentage points above Bayer CropScience 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%
Gap3.8% versus #2 · Bayer CropScience Ltd
Persistence7/8 recent comparable periods
Coverage24/24 companies · 304 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%
2Bayer CropScience Ltd BAYERCROP29%
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+4.8 pp
Return on capital · company comparison
24/24 level · 24/24 change

Withheld from this chart: GSP Crop Science Ltd (GSPCROP) — its two data sources disagree by up to 74% on reported income across 6 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter
CompanyROCEROCE changeReported
Bayer CropScience Ltd BAYERCROP25%+4.8 ppJun 2026
Sharda Cropchem Ltd SHARDACROP22%+7.2 ppJun 2026
Dhanuka Agritech Ltd DHANUKA20%−5.3 ppJun 2026
Punjab Chemicals & Crop Protection Ltd PUNJABCHEM⚠ unverified18%+2.0 ppJun 2026
Sumitomo Chemical India Ltd SUMICHEM17%−1.6 ppJun 2026
Advance Agrolife Ltd ADVANCE⚠ unverified17%−17.8 ppJun 2026
Insecticides India Ltd INSECTICID⚠ unverified17%−0.3 ppJun 2026
Dharmaj Crop Guard Ltd DHARMAJ⚠ unverified16%+3.8 ppJun 2026
Rallis India Ltd RALLIS14%+1.3 ppJun 2026
Epigral Ltd EPIGRAL14%−7.5 ppJun 2026
India Pesticides Ltd IPL⚠ unverified14%+3.3 ppJun 2026
Bharat Rasayan Ltd BHARATRAS⚠ unverified13%+0.1 ppJun 2026
Jubilant Ingrevia Ltd JUBLINGREA12%+0.1 ppJun 2026
P I Industries Ltd PIIND11%−6.2 ppJun 2026
UPL Ltd UPL11%+1.4 ppJun 2026
NACL Industries Ltd NACLIND9.9%+26.4 ppJun 2026
Bhagiradha Chemicals & Industries Ltd BHAGCHEM4.1%+1.0 ppJun 2026
Excel Industries Ltd EXCELINDUS⚠ unverified3.9%−1.2 ppJun 2026
Meghmani Organics Ltd MOL⚠ unverified3.2%+1.3 ppJun 2026
Heranba Industries Ltd HERANBA⚠ unverified-3.3%−7.7 ppJun 2026
Astec Lifesciences Ltd ASTEC⚠ unverified-11%+10.1 ppJun 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Showing the 12 largest of 21 companies with a series here. The remaining 9 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

23%
28%
28%
29%
29%
30%
29%
21%
20%
20%
25%
20%
26%
25%

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

26%
28%
22%
20%
13%
12%
7.1%
11%
4.7%
8.1%
3.1%
4.5%
2.9%
4.0%
4.1%

Bharat Rasayan Ltd · BHARATRAS⚠ unverified

29%
29%
26%
19%
11%
10%
9.3%
18%
15%
24%
13%
18%
14%
16%
13%

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%

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%
10%
11%
11%
8.8%
13%
10%
11%
12%
14%

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 21 companies with a series here. The remaining 9 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

+4.9 pp
+1.3 pp
+1.2 pp
+1.0 pp
−7.5 pp
−10.1 pp
−4.7 pp
−1.1 pp
+5.4 pp
+4.8 pp

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

−4.0 pp
−8.9 pp
−8.5 pp
−12.4 pp
−8.7 pp
−3.6 pp
−4.0 pp
−6.1 pp
−1.8 pp
−4.1 pp
+1.0 pp

Bharat Rasayan Ltd · BHARATRAS⚠ unverified

−2.6 pp
−10.2 pp
−14.7 pp
−9.7 pp
+4.1 pp
+13.8 pp
+3.9 pp
−0.4 pp
−1.8 pp
−8.1 pp
+0.1 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

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
+2.8 pp
−0.5 pp
+0.6 pp
+2.8 pp
+1.3 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
11 · compare level, then change

Valuation Against Growth & Quality

Sharda Cropchem Ltd has the lowest 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 11×. 11 of 24 companies report a comparable reading, the latest through Jun 2026. Its PEG series carries 7 reported observations across the 20-quarter window.

What the numbers say: Sharda Cropchem Ltd has the lowest comparable PEG at 0.26×, 39.5% below Epigral Ltd. Only 11 of 24 companies have earnings and growth steady enough for the ratio to mean anything, 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
Coverage11/24 companies · 81 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 feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
1Sharda Cropchem Ltd SHARDACROP0.3
2Epigral Ltd EPIGRAL0.4
3UPL Ltd UPL0.5
4Bayer CropScience Ltd BAYERCROP1.3
P/Elowest P/E
1Sharda Cropchem Ltd SHARDACROP11.0
2Bharat Rasayan Ltd BHARATRAS⚠ unverified13.2
3Insecticides India Ltd INSECTICID⚠ unverified14.2
4India Pesticides Ltd IPL⚠ unverified14.3
5Dharmaj Crop Guard Ltd DHARMAJ⚠ unverified15.1
Valuation · company comparison
11/24 level · 22/24 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Bhagiradha Chemicals & Industries Ltd BHAGCHEM8.1201.6Jun 2026
Sumitomo Chemical India Ltd SUMICHEM4.039.1Jun 2026
Jubilant Ingrevia Ltd JUBLINGREA2.434.5Jun 2026
Rallis India Ltd RALLIS2.221.9Jun 2026
NACL Industries Ltd NACLIND2.0-56.6Jun 2026
Dhanuka Agritech Ltd DHANUKA1.716.7Jun 2026
P I Industries Ltd PIIND1.733.0Jun 2026
Bayer CropScience Ltd BAYERCROP1.327.3Jun 2026
UPL Ltd UPL0.526.3Jun 2026
Epigral Ltd EPIGRAL0.414.5Jun 2026
Sharda Cropchem Ltd SHARDACROP0.311.6Jun 2026
Titan Biotech Ltd 52471754.9Jun 2026
GSP Crop Science Ltd GSPCROP15.5Jun 2026
Bharat Rasayan Ltd BHARATRAS⚠ unverified14.3Jun 2026
Insecticides India Ltd INSECTICID⚠ unverified13.8Jun 2026
Meghmani Organics Ltd MOL⚠ unverified43.7Jun 2026
Astec Lifesciences Ltd ASTEC⚠ unverified110.6Jun 2026
India Pesticides Ltd IPL⚠ unverified15.7Jun 2026
Punjab Chemicals & Crop Protection Ltd PUNJABCHEM⚠ unverified19.3Jun 2026
Excel Industries Ltd EXCELINDUS⚠ unverified15.1Jun 2026
Dharmaj Crop Guard Ltd DHARMAJ⚠ unverified16.4Jun 2026
Advance Agrolife Ltd ADVANCE⚠ unverified15.1Jun 2026
Heranba Industries Ltd HERANBA⚠ unverified24.3Jun 2026
Best Agrolife Ltd BESTAGRO62.6Jun 2026
Full 20-quarter history · every available company

PEG · reported quarter history

Bayer CropScience Ltd · BAYERCROP

1.5
1.0
0.6
2.2
4.0
1.6
4.7
1.1
1.3

Bhagiradha Chemicals & Industries Ltd · BHAGCHEM

0.7
0.5
0.8
0.6
1.4
3.0
8.1

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
0.7
1.2
2.2

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
4.0

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

49.1
53.1
41.1
35.5
33.6
33.6
27.0
28.9
33.9
32.5
29.5
40.7
42.5
45.0
42.4
48.4
38.3
33.6
30.2
27.3

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
201.6

Dhanuka Agritech Ltd · DHANUKA

18.7
19.4
16.2
15.5
14.5
15.2
12.8
15.9
17.9
19.6
19.1
32.1
27.4
25.2
20.9
25.3
22.3
19.5
15.9
16.7

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
14.5

GSP Crop Science Ltd · GSPCROP

15.9
15.5

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
34.5

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
33.0

Rallis India Ltd · RALLIS

26.3
28.5
24.9
21.9
27.6
28.8
25.7
41.7
46.2
50.0
49.1
41.0
48.3
38.6
30.7
51.5
35.0
31.5
24.3
21.9

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
11.6

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
39.1

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
26.3
12 · 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. 10 draw at least one figure from a second feed with too little overlap to cross-check. 1 has second-feed figures withheld because the two sources disagree.

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.
  • 10 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.
  • 1 company is missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
13 · 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 2026-09-11. 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 2026-09-11 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG 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 · 12 unverified · 1 withheld, of 24 graded companies.
How a second data feed is admitted, and what happens when it disagrees

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.

14 · questions investors ask, short speakable answers

Pesticides/Agrochemicals company comparison FAQs

These 24 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 2026-09-11. Nothing here is estimated, and none of it is a recommendation.

Is the Pesticides/Agrochemicals sector outperforming NIFTY 500?

Pesticides/Agrochemicals has underperformed NIFTY 500 by 11.7% over 52 weeks and 0.4% over 13 weeks. 7 of 22 covered companies beat NIFTY on Mansfield relative strength, while 6 of 22 beat the sector itself.

Which Pesticides/Agrochemicals company is largest by revenue?

UPL Ltd leads with revenue of ₹52,804 crore, based on 24 of 24 comparable companies through Jun 2026.

Which Pesticides/Agrochemicals company is growing fastest?

Advance Agrolife Ltd has the fastest current revenue growth at 48.4%, across 23 of 24 comparable companies.

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

Bayer CropScience Ltd ranks first at 71.8/100 with 94% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Pesticides/Agrochemicals company has the lowest comparable PEG?

Sharda Cropchem Ltd has the lowest comparable PEG at 0.26, among 11 of 24 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Pesticides/Agrochemicals comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns 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.

Is there a Nifty Pesticides/Agrochemicals index?

NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Pesticides/Agrochemicals, this page builds its own equal-weight basket of 24 listed Pesticides/Agrochemicals companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.

Which are the best Pesticides/Agrochemicals stocks in India?

Ranked by this page's four-factor score, Bayer CropScience 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 ₹52,804 crore, ahead of P I Industries Ltd at ₹6,515 crore. That covers 24 of 24 companies with comparable reporting through Jun 2026.

Which Pesticides/Agrochemicals company has the best profit margins?

Epigral Ltd has the highest operating margin at 25%, from 24 of 24 comparable companies. Astec Lifesciences Ltd shows the biggest recent improvement, at +11.2 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 ₹2,323 crore of trailing-twelve-month net profit, from 24 of 24 comparable companies. Bhagiradha Chemicals & Industries Ltd has the fastest profit growth at the ≥100% scoring cap, 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 PEG — where a LOWER number is cheaper — Sharda Cropchem Ltd screens cheapest at 0.26×. Only 11 of 24 companies have earnings and growth steady enough for the ratio to mean anything, 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.

Is the Pesticides/Agrochemicals sector beating the market?

Pesticides/Agrochemicals has underperformed NIFTY 500 by 11.7% over the last 52 weeks and 0.4% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 7 of 22 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

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?

Bayer CropScience Ltd scores 71.8 out of 100 with 94% evidence confidence, from 22.9 points on growth and earnings, 21.2 on capital efficiency, 14.7 on valuation and 13 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, 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 ₹1,79,838 crore of combined market value. UPL Ltd is the largest at ₹48,352 crore, about 27% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-09-17.

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 21×, 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 2026-09-17.

How is the Pesticides/Agrochemicals sector performing?

7 of the 22 covered Pesticides/Agrochemicals companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 11.7% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-09-17.

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.

Not SEBI Registered !! Not Investment advice !!

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