# Punjab Chemicals & Crop Protection share price today (Punjab Chemicals & Crop Protection Ltd, NSE: PUNJABCHEM)

> Punjab Chemicals & Crop Protection share price today: ₹889.90 at the NSE close on 3 November 2026, down 40.4% in a year. Punjab Chemicals & Crop Protection (NSE: PUNJABCHEM) is worth ₹1,091 crore, trades at a P/E of 16.3 and has closed between ₹889.90 and ₹1,415.00 over the past 52 weeks. > Punjab Chemicals & Crop Protection Ltd's earnings have grown faster than its share price. Earnings per share grew +64.3% in a year while the price moved −40.4%. PUNJABCHEM · Pesticides/Agrochemicals · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/punjab-chemicals-crop-protection-ltd

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## Key numbers

- Business trend: Getting better, from the last 12 quarters
- Price: ₹889.90 (−40.4% in a year)
- P/E: 16.3× (lower than 96% of the last 11 years)
- Revenue (Jun 2026): ₹347 Cr (+8.4% on a year ago)
- Profit (Jun 2026): ₹22.0 Cr (+4.8% on a year ago)
- Operating margin: 12.0% (+1.0 points on a year ago)
- ROCE: 19%, FY26
- ROIC: 10.1%, against a 12.0% cost of capital: −1.9 points

The main question: yearly earnings per share moved +64.3% while the share price moved −40.4%. ## What is the Punjab Chemicals & Crop Protection share price today? Punjab Chemicals & Crop Protection Ltd's share price was ₹889.90 at the close on 3 November 2026. It has been falling for 4 weeks. That is 17.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹890 and ₹1,415, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 5 weeks running. Over the last 11 years the share price moved +588% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 1 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Punjab Chemicals & Crop Protection this quarter? Three changes stood out: revenue up on a year earlier for 6 quarters in a row, profit up on a year earlier for 6 quarters in a row and indian funds and insurers (DIIs) raised their stake for 3 quarters in a row. 1. Revenue up on a year earlier for 6 quarters in a row In the June 2026 quarter revenue was ₹347 crore, +8.4% on a year earlier. Why: Revenue rose because the company got higher prices and sold more goods. Next results: check whether FY27 revenue growth lands in the 15.0 to 20.0% range, with a stronger second half. From the earnings call on 31 Jul 2026. 2. Profit up on a year earlier for 6 quarters in a row In the June 2026 quarter profit was ₹22 crore, +4.8% on a year earlier. Why: Profit rose because the company kept more from each sale after direct costs, helped by efficiency work that management says is lasting. Next results: check whether the company reaches its 15.0% profit margin goal as new products and process efficiency add. From the earnings call on 31 Jul 2026. 3. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row From 0.6% to 0.7% of the company by the September 2026 quarter. ## What are Punjab Chemicals & Crop Protection's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Punjab Chemicals & Crop Protection reported revenue of ₹347 crore, up 8.4% from ₹320 crore a year earlier, and a profit of ₹22.0 crore, up 4.8% from ₹21.0 crore. ### Punjab Chemicals & Crop Protection results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹347 crore | ₹320 crore | +8.4% |
| Profit | ₹22.0 crore | ₹21.0 crore | +4.8% |
| Earnings per share | ₹18.00 | ₹16.82 | +7.0% |
| Operating margin | 12.0% | 11.0% | +1.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Punjab Chemicals & Crop Protection's management discussed these results on a call held on 31 July 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Punjab Chemicals & Crop Protection share price history? Punjab Chemicals & Crop Protection closed at ₹889.90 on 3 November 2026, down 40.4% from ₹1,493.10 a year earlier (31 October 2025) and down 37.4% over five years. Its highest weekly close since March 2016 was ₹1,791.10 on 17 September 2021. ### Punjab Chemicals & Crop Protection share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹965.00 | −7.8% |
| 1 month ago · 1 Oct 2026 | ₹1,029.30 | −13.5% |
| 6 months ago · 30 Apr 2026 | ₹1,178.00 | −24.5% |
| 1 year ago · 31 Oct 2025 | ₹1,493.10 | −40.4% |
| 3 years ago · 3 Nov 2023 | ₹1,211.10 | −26.5% |
| 5 years ago · 4 Nov 2021 | ₹1,421.40 | −37.4% |
| 10 years ago · 4 Nov 2016 | ₹246.80 | +260.6% |
| Earliest and lowest weekly close in our records · 11 Mar 2016 | ₹129.40 | +587.7% |
| Highest weekly close since March 2016 · 17 Sep 2021 | ₹1,791.10 | −50.3% |
| 52-week high (weekly close) · 28 Nov 2025 | ₹1,415.00 | −37.1% |
| 52-week low (weekly close) · 3 Nov 2026 | ₹889.90 | 0.0% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Punjab Chemicals & Crop Protection? 3 Nov 2026: Punjab Chemicals & Crop Protection closed at ₹889.90, down 7.8% on the week and down 13.5% on the month. 31 Jul 2026: Punjab Chemicals & Crop Protection held its results call for April to June 2026. Management guided: FY27 consolidated revenue growth planned at 15.0-20.0%, with stronger H2-to-H2 performance and H2 growth led by agrochemical and pharmaceutical intermediates. ### Earlier

- 17 Jul 2026: ex-date for a dividend of ₹3 a share. - Results for April to June 2026: Revenue up 8.4% and profit up 4.8% on a year earlier. ## What dividend does Punjab Chemicals & Crop Protection pay? Punjab Chemicals & Crop Protection paid ₹3 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.34% at the ₹889.90 close on 3 November 2026. The last was a dividend of ₹3 a share, ex-date 17 July 2026. ### Punjab Chemicals & Crop Protection dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 17 Jul 2026 | ₹3 | Dividend |
| 18 Jul 2025 | ₹3 | Dividend |
| 25 Jul 2024 | ₹3 | Dividend |
| 27 Jul 2023 | ₹3 | Dividend |
| 1 Aug 2022 | ₹3 | Dividend |
| 3 Aug 2021 | ₹2 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Punjab Chemicals & Crop Protection Ltd paid out 6% of its profit as dividends in FY26, and it paid a dividend in 9 of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Punjab Chemicals & Crop Protection management say on the latest results call? On the call for April to June 2026, held on 31 July 2026, Punjab Chemicals & Crop Protection's management guided: FY27 consolidated revenue growth planned at 15.0-20.0%, with stronger H2-to-H2 performance and H2 growth led by agrochemical and pharmaceutical intermediates. > “We are confident of achieving between 15.0-20.0% growth, and we maintain that guidance even now.”
> Vinod Gupta, CEO, on the call for April to June 2026

### What management guided

- New products planned at 15.0-18.0% of FY27 revenue and above 20.0% next year. - At least 3-4 products planned for commercialization over the next 2-3 quarters; broader cadence is 4-5 products annually, with individual products ranging from ₹8-10 crores to ₹40-50 crores over 3-4 years. - Two herbicide intermediates are expected to launch this year, each contributing ₹10-20 crores initially and ₹40-50 crores annually at peak in 3-4 years. - Operating margin goal of 15.0% over 2-3 years, with gradual improvement through FY27. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/877-31-Jul-2026.pdf). (From the call for April to June 2026, 31 July 2026.)

## What to watch in Punjab Chemicals & Crop Protection's next results? When Punjab Chemicals & Crop Protection reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: FY27 revenue growth to land within 15.0-20.0%, with management expecting stronger H2-to-H2 performance. - What to check (from the call)
- FY27 revenue growth to land within 15.0-20.0%, with management expecting stronger H2-to-H2 performance. - New-product contribution to reach 15.0-18.0% of FY27 revenue, with at least 3-4 products commercialized over the next 2-3 quarters and MOU testing progressing. - At least 2-3 CDMO customers to move toward multi-year contracts over the next 2-3 quarters, despite currently extended discussions. - Q2 and Q3 utilization at Derabassi and Lalru to improve from Q1 levels of 85.0% and 71.0-72.0%, alongside Lalru block and R&D pilot milestones. ## Which stock lists is Punjab Chemicals & Crop Protection on? Punjab Chemicals & Crop Protection is not on any of our India lists this week. ## Is Punjab Chemicals & Crop Protection profitable? Punjab Chemicals & Crop Protection Ltd earned ₹22.0 Cr of net profit in the Jun 2026 quarter, +4.8% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY26 profit was ₹64.0 Cr. Over 10 years profit has grown 17.3% a year on average. That is 6.3% of the quarter's revenue. The same quarter a year earlier earned ₹21.0 Cr. For the full year, FY26 profit was ₹64.0 Cr (+64.1% on the year before). Why profit moved: revenue changed +8.4% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +63.4% and revenue +8.2%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Punjab Chemicals & Crop Protection make, and is it growing? Punjab Chemicals & Crop Protection Ltd reported ₹347 Cr of revenue in the Jun 2026 quarter, +8.4% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 10 years it has grown 6.7% a year on average. The last full year, FY26, came in at ₹1,030 Cr. The last four reported quarters add to ₹1,058 Cr. FY26 revenue was ₹1,030 Cr, +14.3% on the year before. Recent pace: the last four quarters grew +8.2% on average, against 6.7% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +8.2%, against +8.7% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +43.5%, against +22.5% a year (accelerating). ## How much of every ₹100 of sales does Punjab Chemicals & Crop Protection keep? Punjab Chemicals & Crop Protection Ltd's operating margin was 12.0% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 3.0% and 15.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +1.0 percentage points on the year while gross margin changed +3.5 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Punjab Chemicals & Crop Protection's profit turning into cash? Over the last 3 years, 90% of Punjab Chemicals & Crop Protection Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹86.0 Cr of operating cash against ₹64.0 Cr of profit. After ₹56.0 Cr of spending on assets, ₹30.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 90% of profit came in as cash: the cash cycle got 81 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 1.7× depreciation over three years. The next section checks what that spending is building. ## Where does Punjab Chemicals & Crop Protection's cash go? Punjab Chemicals & Crop Protection Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 115 days in FY26, up from 34 days in FY21. It spent ₹128 Cr on assets over the last 3 years. Customers take 72 days to pay, and stock sits for 145 days on average. At FY26 sales of ₹1,030 Cr, each day of that cycle ties up about ₹2.8 Cr, so roughly ₹325 Cr is tied up in the business at any time. FY26: customers took 72 days to pay and stock sat for 145 days, about 4.8 months of sales sitting as stock, for a full cycle of 115 days, longer than FY21's 34. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 145 days. Customers pay about 72 days after that. Suppliers are paid at 102 days. Together that makes the 115-day cycle. Spending on assets: ₹128 Cr over the last 3 years, against ₹76.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹19.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Punjab Chemicals & Crop Protection's P/E ratio, and how does it compare with its own history? Punjab Chemicals & Crop Protection Ltd's P/E is 16.3×, near the low end of its own history: it has been lower only 4% of the time. Its usual P/E (the middle reading) is 28.5×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹53.33. Why the multiple is where it is: over the past year earnings per share moved +64.3% while the price moved −40.4%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −8.9% a year; about −0.4% a year came from earnings growth and about −8.5 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Punjab Chemicals & Crop Protection business getting better or worse? Punjab Chemicals & Crop Protection Ltd's business is getting better. Profit growth hit its low 6 quarters ago at −38.9% and has recovered to +43.5%, with ROCE rising at 22.0%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## How much does Punjab Chemicals & Crop Protection earn on its capital? Punjab Chemicals & Crop Protection Ltd earned a ROCE of 19% in FY26. That is up from a low of 5% in FY17. Its return on capital used (ROIC) is 1.9 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 6.2% net margin and 1.25× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 6.2% net margin × 1.25× asset turnover × 1.95× leverage (assets divided by equity) ≈ 15.1% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 10.1% − 12.0% = −1.9 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 10.1% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 12.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Punjab Chemicals & Crop Protection have too much debt? Punjab Chemicals & Crop Protection Ltd has total debt of ₹154 Cr against shareholder equity of ₹423 Cr as of Jun 2026, so its debt is 0.36× its equity. Year by year, that ratio went from 0.41 in FY22 to 0.36 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Punjab Chemicals & Crop Protection shareholding pattern? Foreign institutions raised their stake in Punjab Chemicals & Crop Protection Ltd by 3.7 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 6.7% of the company. Domestic institutions moved +0.3 points over the same period, to 0.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +3.7 points over 8 quarters, to 6.7%; Domestic institutions: +0.3 points over 8 quarters, to 0.7%; Promoters: +0.0 points over 8 quarters, to 39.2%. Why the owners changed: foreign institutions drove it (+3.7 points). They raised their stake step by step. ## How far is Punjab Chemicals & Crop Protection from balance-sheet trouble? For Punjab Chemicals & Crop Protection Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Punjab Chemicals & Crop Protection rank in its industry? 63.6 out of 100, rank 4 of 25 in Pesticides/Agrochemicals, with 81% of the evidence available. Punjab Chemicals & Crop Protection Ltd scores 63.6 out of 100 against the 25 companies it is compared with in Pesticides/Agrochemicals, ranking 4. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 24.3 + 13.6 + 15.9 + 9.8 = 63.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Punjab Chemicals & Crop Protection compared with? Punjab Chemicals & Crop Protection ranks 4 of 25 Pesticides/Agrochemicals companies on the 4-Factor Sector Score, with 63.6 out of 100. 1. [Sharda Cropchem Ltd](https://www.sectoralpha.in/stocks/sharda-cropchem-ltd) SHARDACROP · basing · Most evidence points up · 100% evidence 71.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.5/35 · Revenue 17.3% · Profit 42.5% · Operating margin change 2 points · 100% evidence Capital efficiency 19.5/25 · ROCE 30.2% · Operating margin 16% · 100% evidence Valuation 19.2/20 · P/E 9.3× · PEG 0.3 · 100% evidence Relative strength 4.6/20 · Lead over its industry -14.3% · Lead over NIFTY 500 -22.1% · 1 year -23.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 28.5 + 19.5 + 19.2 + 4.6 = 71.8 · What this means: Earnings are strong; relative strength in its sector is -14.3% and the one-year return is -23.1%. 2. [Titan Biotech Ltd](https://www.sectoralpha.in/stocks/titan-biotech-ltd) turning · Most evidence points up · 83% evidence 70.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.1/35 · Revenue 31.8% · Profit 38.7% · Operating margin change 2 points · 83% evidence Capital efficiency 20.2/25 · ROCE 22.8% · Operating margin 21% · 95% evidence Valuation 5.4/20 · P/E 51.8× · PEG n/a · 50% evidence Relative strength 16.7/20 · Lead over its industry 38.3% · Lead over NIFTY 500 25.1% · 1 year 101.5% · 100% evidence · 4 of 12 weeks ahead Exact sum: 28.1 + 20.2 + 5.4 + 16.7 = 70.4 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Bayer CropScience Ltd](https://www.sectoralpha.in/stocks/bayer-cropscience-ltd) BAYERCROP · quiet · Evidence leans up · 81% evidence 63.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue -2.8% · Profit 23.8% · Operating margin change 2 points · 88% evidence Capital efficiency 19.6/25 · ROCE 29.1% · Operating margin 20% · 100% evidence Valuation 13.4/20 · P/E 20× · PEG 1.28 · 100% evidence Relative strength 8.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -20.8% · 1 year -33.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 22.3 + 19.6 + 13.4 + 8.6 = 63.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. Punjab Chemicals & Crop Protection Ltd this page PUNJABCHEM · quiet · Evidence leans up · 81% evidence 63.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.3/35 · Revenue 8.2% · Profit 43.5% · Operating margin change 1 points · 88% evidence Capital efficiency 13.6/25 · ROCE 18.6% · Operating margin 12% · 100% evidence Valuation 15.9/20 · P/E 17.4× · PEG 0.33 · 100% evidence Relative strength 9.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.4% · 1 year -36.4% · 25% evidence · 6 of 12 weeks ahead Exact sum: 24.3 + 13.6 + 15.9 + 9.8 = 63.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Dharmaj Crop Guard Ltd](https://www.sectoralpha.in/stocks/dharmaj-crop-guard-ltd) DHARMAJ · losing its lead · Evidence leans up · 81% evidence 63.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.8/35 · Revenue 8.7% · Profit 13.2% · Operating margin change 1 points · 88% evidence Capital efficiency 14.7/25 · ROCE 16.8% · Operating margin 15% · 100% evidence Valuation 17.5/20 · P/E 14.3× · PEG 0.38 · 100% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 4.7% · 1 year -9.9% · 25% evidence · 3 of 12 weeks ahead Exact sum: 18.8 + 14.7 + 17.5 + 12.2 = 63.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [India Pesticides Ltd](https://www.sectoralpha.in/stocks/india-pesticides-ltd) IPL · quiet · Evidence leans up · 81% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.6/35 · Revenue 17% · Profit 10.1% · Operating margin change -2 points · 88% evidence Capital efficiency 15.4/25 · ROCE 16.6% · Operating margin 14% · 100% evidence Valuation 18.2/20 · P/E 12× · PEG 0.36 · 100% evidence Relative strength 8.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -23% · 1 year -40.7% · 25% evidence · 0 of 12 weeks ahead Exact sum: 17.6 + 15.4 + 18.2 + 8.2 = 59.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Advance Agrolife Ltd](https://www.sectoralpha.in/stocks/advance-agrolife-ltd) ADVANCE · breaking out · Evidence leans up · 64% evidence 58.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 48.4% · Profit 81.5% · Operating margin change 1 points · 88% evidence Capital efficiency 14.1/25 · ROCE 19.6% · Operating margin 11% · 100% evidence Valuation 10.3/20 · P/E 16.3× · PEG n/a · 15% evidence Relative strength 12.4/20 · Lead over its industry n/a · Lead over NIFTY 500 10.6% · 1 year -8.6% · 25% evidence · 12 of 12 weeks ahead Exact sum: 22.1 + 14.1 + 10.3 + 12.4 = 58.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Dhanuka Agritech Ltd](https://www.sectoralpha.in/stocks/dhanuka-agritech-ltd) DHANUKA · turning · Evidence leans up · 100% evidence 57.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.8/35 · Revenue 0% · Profit 0.7% · Operating margin change 0 points · 100% evidence Capital efficiency 19.6/25 · ROCE 25.9% · Operating margin 23% · 100% evidence Valuation 9.2/20 · P/E 14.4× · PEG 2.27 · 100% evidence Relative strength 17.4/20 · Lead over its industry 7.1% · Lead over NIFTY 500 -2.8% · 1 year -28.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.8 + 19.6 + 9.2 + 17.4 = 57 · What this means: Relative strength against the index is -2.8%, and revenue and profit growth are weak. 9. [Jubilant Ingrevia Ltd](https://www.sectoralpha.in/stocks/jubilant-ingrevia-ltd) JUBLINGREA · quiet · Evidence leans up · 93% evidence 54.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 15.4% · Profit 21.9% · Operating margin change 3 points · 100% evidence Capital efficiency 13.6/25 · ROCE 11.4% · Operating margin 15% · 100% evidence Valuation 6.7/20 · P/E 24.7× · PEG 2.26 · 65% evidence Relative strength 8.4/20 · Lead over its industry -2.6% · Lead over NIFTY 500 -11.7% · 1 year -19.1% · 100% evidence · 3 of 12 weeks ahead Exact sum: 26 + 13.6 + 6.7 + 8.4 = 54.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Meghmani Organics Ltd](https://www.sectoralpha.in/stocks/meghmani-organics-ltd) MOL · breaking out · Evidence leans up · 64% evidence 52.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.0/35 · Revenue -7.8% · Profit 100% · Operating margin change 7 points · 88% evidence Capital efficiency 9.5/25 · ROCE 6.7% · Operating margin 18% · 100% evidence Valuation 9.6/20 · P/E 20.8× · PEG n/a · 15% evidence Relative strength 11.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.5% · 1 year -35% · 25% evidence · 11 of 12 weeks ahead Exact sum: 22 + 9.5 + 9.6 + 11 = 52.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [GSP Crop Science Ltd](https://www.sectoralpha.in/stocks/gsp-crop-science-ltd) GSPCROP · quiet · Too little evidence to rank firmly · 59% evidence 51.0 out of 100 Growth Capital Valuation Relative
12. [Epigral Ltd](https://www.sectoralpha.in/stocks/epigral-ltd) EPIGRAL · quiet · Evidence leans down · 81% evidence 49.6 out of 100 Growth Capital Valuation Relative
13. [Rallis India Ltd](https://www.sectoralpha.in/stocks/rallis-india-ltd) RALLIS · quiet · Evidence leans down · 85% evidence 48.4 out of 100 Growth Capital Valuation Relative
14. [Bharat Rasayan Ltd](https://www.sectoralpha.in/stocks/bharat-rasayan-ltd) BHARATRAS · quiet · Evidence leans down · 96% evidence 45.3 out of 100 Growth Capital Valuation Relative
15. [Bhagiradha Chemicals & Industries Ltd](https://www.sectoralpha.in/stocks/bhagiradha-chemicals-industries-ltd) BHAGCHEM · quiet · Evidence leans down · 96% evidence 44.7 out of 100 Growth Capital Valuation Relative
16. [Shivalik Rasayan Ltd](https://www.sectoralpha.in/stocks/shivalik-rasayan-ltd) SHIVALIK · Evidence leans down · 63% evidence 43.9 out of 100 Growth Capital Valuation Relative
17. [Excel Industries Ltd](https://www.sectoralpha.in/stocks/excel-industries-ltd) EXCELINDUS · quiet · Evidence leans down · 64% evidence 42.7 out of 100 Growth Capital Valuation Relative
18. [NACL Industries Ltd](https://www.sectoralpha.in/stocks/nacl-industries-ltd) NACLIND · basing · Evidence leans down · 96% evidence 42.0 out of 100 Growth Capital Valuation Relative
19. [Best Agrolife Ltd](https://www.sectoralpha.in/stocks/best-agrolife-ltd) BESTAGRO · quiet · Evidence leans down · 90% evidence 42.0 out of 100 Growth Capital Valuation Relative
20. [Sumitomo Chemical India Ltd](https://www.sectoralpha.in/stocks/sumitomo-chemical-india-ltd) SUMICHEM · quiet · Evidence leans down · 85% evidence 41.7 out of 100 Growth Capital Valuation Relative
21. [UPL Ltd](https://www.sectoralpha.in/stocks/upl-ltd) UPL · basing · Evidence leans down · 71% evidence 41.5 out of 100 Growth Capital Valuation Relative
22. [Insecticides India Ltd](https://www.sectoralpha.in/stocks/insecticides-india-ltd) INSECTICID · quiet · Evidence leans down · 96% evidence 40.5 out of 100 Growth Capital Valuation Relative
23. [P I Industries Ltd](https://www.sectoralpha.in/stocks/p-i-industries-ltd) PIIND · quiet · Evidence leans down · 81% evidence 38.3 out of 100 Growth Capital Valuation Relative
24. [Astec Lifesciences Ltd](https://www.sectoralpha.in/stocks/astec-lifesciences-ltd) ASTEC · quiet · Most evidence points down · 71% evidence 32.7 out of 100 Growth Capital Valuation Relative
25. [Heranba Industries Ltd](https://www.sectoralpha.in/stocks/heranba-industries-ltd) HERANBA · quiet · Most evidence points down · 76% evidence 29.9 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Pesticides/Agrochemicals](https://www.sectoralpha.in/sectors/pesticides-agrochemicals), all 25 compared on one page. ## Which companies are close to Punjab Chemicals & Crop Protection in size? Punjab Chemicals & Crop Protection is the 19th largest of 25 Pesticides/Agrochemicals companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Meghmani Organics, India Pesticides and Astec Lifesciences. Just below it: Excel Industries, Dharmaj Crop Guard and Advance Agrolife. ### Pesticides/Agrochemicals companies close in size

1. [Meghmani Organics Ltd](https://www.sectoralpha.in/stocks/meghmani-organics-ltd) ₹1,339 crore
2. [India Pesticides Ltd](https://www.sectoralpha.in/stocks/india-pesticides-ltd) ₹1,297 crore
3. [Astec Lifesciences Ltd](https://www.sectoralpha.in/stocks/astec-lifesciences-ltd) ₹1,216 crore
4. Punjab Chemicals & Crop Protection Ltd ₹1,166 crore
5. [Excel Industries Ltd](https://www.sectoralpha.in/stocks/excel-industries-ltd) ₹1,074 crore
6. [Dharmaj Crop Guard Ltd](https://www.sectoralpha.in/stocks/dharmaj-crop-guard-ltd) ₹862 crore
7. [Advance Agrolife Ltd](https://www.sectoralpha.in/stocks/advance-agrolife-ltd) ₹797 crore

[All 25 Pesticides/Agrochemicals companies, largest first](https://www.sectoralpha.in/sectors/pesticides-agrochemicals#all-companies)

### Companies close in size in other industries

1. [McNally Bharat Engineering Company Ltd](https://www.sectoralpha.in/stocks/mcnally-bharat-engineering-company-ltd) ₹1,168 crore · Engineering - Turnkey Services
2. [Jindal Photo Ltd](https://www.sectoralpha.in/stocks/jindal-photo-ltd) ₹1,167 crore · Miscellaneous
3. Punjab Chemicals & Crop Protection Ltd ₹1,166 crore
4. [Den Networks Ltd](https://www.sectoralpha.in/stocks/den-networks-ltd) ₹1,163 crore · Entertainment & Media
5. [M.V.K. Agro Food Product Ltd](https://www.sectoralpha.in/stocks/mvk-agro-food-product-ltd) ₹1,162 crore · Sugar

## What else do people ask about Punjab Chemicals & Crop Protection? ### What is Punjab Chemicals & Crop Protection's share price today? Punjab Chemicals & Crop Protection Ltd's share price is ₹889.90, −40.4% over the past year. The whole company is worth ₹1,091 Cr on the market. It is at its lowest price of the past 52 weeks (range ₹890 to ₹1,415), 17.8% below its 200-day average. The price has been falling for 4 weeks (as of 3 November 2026). ### What were Punjab Chemicals & Crop Protection's latest quarterly results? Punjab Chemicals & Crop Protection Ltd reported revenue of ₹347 Cr and net profit of ₹22.0 Cr for the Jun 2026 quarter. Revenue rose 8.4% and profit rose 4.8% compared with a year earlier. Earnings per share were ₹18.00 (as of 3 November 2026). ### What is Punjab Chemicals & Crop Protection's market cap? Punjab Chemicals & Crop Protection Ltd's market capitalisation is ₹1,091 Cr at a share price of ₹889.90. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Punjab Chemicals & Crop Protection performing? Punjab Chemicals & Crop Protection Ltd's share price has been falling for 4 weeks. In its latest quarter, revenue rose 8.4% and profit rose 4.8% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 5 weeks running (as of 3 November 2026). ### Will Punjab Chemicals & Crop Protection's share price go up? This page does not forecast Punjab Chemicals & Crop Protection Ltd's share price. What it shows instead: the share price is ₹889.90, and it has been falling for 4 weeks. Its P/E of 16.3× is higher than 4% of its own last 11 years (as of 3 November 2026). ### Who owns Punjab Chemicals & Crop Protection? Promoters own 39.2% of Punjab Chemicals & Crop Protection Ltd, foreign institutions 6.7%, domestic institutions 0.7% and the public 53.4% (latest quarter). The biggest change over the last two years: Foreign institutions raised their stake by 3.7 percentage points over 8 quarters (as of 3 November 2026). ### Where is Punjab Chemicals & Crop Protection in its business cycle? Punjab Chemicals & Crop Protection Ltd's FY26 operating margin was 11.0%, against a 13-year range of 3.0% to 15.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 12.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Punjab Chemicals & Crop Protection story? The main question: yearly earnings per share moved +64.3% while the share price moved −40.4%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Punjab Chemicals & Crop Protection a stock worth studying right now? What the numbers show: Punjab Chemicals & Crop Protection Ltd's earnings have grown faster than its share price. Earnings per share grew +64.3% in a year while the price moved −40.4%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Punjab Chemicals & Crop Protection share price forecast for 2026? What management itself guided: FY27 consolidated revenue growth planned at 15.0-20.0%, with stronger H2-to-H2 performance and H2 growth led by agrochemical and pharmaceutical intermediates. This is research, not advice. We’re not SEBI-registered.