Sharda Cropchem Ltd (SHARDACROP) — share price & stock analysis

Market cap

₹7,984 Cr

P/E

11.7×

ROE

24.2%

vs own 10-yr valuation

50th pctile

Book value / share

₹348

EPS (TTM)

₹75.6

10-yr median P/E

17.2×

Revenue (FY26)

₹5,268 Cr

Profit after tax (FY26)

₹681 Cr

Weinstein stage

Stage 2 (57 weeks)

Data as of

1 July 2026

5 of the 6 things we track are currently moving the right way — nearly everything is pulling in the same direction.

Where the levels actually stand: ROCE 30% — a high-quality engine; effectively no debt; margins near the top of their band. Momentum says which way things are moving; these say where they are.

Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, sales and margins count double.

Price and profits are moving together

Since Mar 2016, the stock is up 269% and earnings per share are up 289% — the price has tracked the profits, not run ahead of them.pricettm_eps

The market is paying for delivery, not promises. What you see in earnings is what you get in the price.

Today’s P/E of 11.7× is the middle of its own range against its own 10-year history (50th percentile) — neither a bargain nor a stretch, by its own standards.pe_ratio

Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots; between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/E — what the market pays per rupee of profit; the dotted line is its long-run median (17.2×).

The price is in a confirmed uptrend — 57 weeks and counting

Stock prices move through four repeating stages: basing (1), advancing (2), topping (3) and declining (4). This one is in Stage 2: advancing, 57 weeks in, confirmed.stage

The price sits above its rising 200-day average (₹935 today) — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200

Trailing NIFTY 500 for 5 weeks — relative strength is the market’s live opinion, and right now it is against it.rs_mansfield

What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200

Profits are at an all-time high

Over 12 years, sales went from ₹790 Cr to ₹5,268 Cr (about 17% a year), and profit from ₹111 Cr to ₹681 Cr.revenuenet_profit

Margins took a round trip — down to 9.6% in FY24, back to 20.4% now. The profit growth survived the squeeze.operating_profit

Sales grew 13% last quarter — growth every single quarter for over 2 years

Mar 26 sales were ₹2,065 Cr, up 13% on the same quarter last year.revenue

That makes 8 quarters of growth in a row — this is a trend, not a blip.revenue

Margins are widening — 17% → 24% in a year

Of every ₹100 of sales, the company keeps ₹23.6 as operating profit (a year ago it kept ₹16.6).opm_pct

Zoom out and this is the page's quiet hero: annual operating margin bottomed at 9.6% in FY24 and has been rebuilt to 20.4% — that recovery, not sales alone, is what powers the profit growth elsewhere on this page.operating_profit

The gross margin moved the same way (30% → 37%), so this is about input costs and pricing power — the raw-material equation improved.gpm_pctopm_pct

Profit exploded 56% — mostly from keeping more of each sale

Mar 26 profit after tax was ₹319 Cr, up 56% year on year.net_profit

The profits are real — they turn into cash

Over the last 5 profitable years, the business reported ₹1,708 Cr of profit and collected ₹2,196 Cr of operating cash — about 129% conversion.operating_cash_flownet_profit

When cash tracks profit this closely, the earnings need no asterisk.

The cash cycle is stable

One rupee now takes about 125 days to go out the door as materials and come back as collected cash.cash_conversion_cycle

The asset base keeps compounding — this company builds

The productive asset base has gone from ₹64.0 Cr (FY14) to ₹1,236 Cr.fixed_assetscwip

The build is self-funded: the last 3 years' investing outflow (₹1,402 Cr) fits inside the operating cash the business generated (₹1,601 Cr).investing_cash_flowoperating_cash_flow

Almost no debt — this company cannot be killed by a bad year

For every ₹100 shareholders have put in (and left in), the company has borrowed ₹0 — total borrowings have shrunk from ₹40.0 Cr to ₹0.0 Cr over the window.borrowings

Every ₹100 kept in the business now earns ₹30 — and the number is rising

Return on capital employed is 30.0% (a year ago: 16.0%). This is the single best test of business quality: what the company earns on the money it keeps.roce_pct

Rising returns on capital while growing is the rarest combination in investing — it means the new projects earn more than the old ones.roce_pct

The owners aren’t moving

Promoters hold 74.8%, essentially unchanged. Foreign funds own 4.6%, domestic funds 9.7%.promoters_pctfiis_pctdiis_pct

Institutions buying while the story develops is the market’s quiet vote of confidence — they meet management, you don’t.

Meanwhile domestic funds have been the sellers — from 12.8% to 9.7% over the window. Someone on the other side of the table disagrees; both sides count.diis_pct

Worth studying deeper — with eyes open

The numbers lean positive, and the price is roughly fair to the delivery so far.

Best thing in the data: returns on capital rising (16.0% → 30.0%).roce_pct

One dissent worth hearing: our technicals lens reads negative — “Technicals bearish with 57% confidence”. When a lens disagrees with the committee, it is usually pointing at the thing that breaks first.

Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.

Straight answers from the data