SHARDACROPNSESharda Cropchem LimitedMediumNeutral
Announced Wed, 13 May · 15:17 IST

Sharda Cropchem Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

SHARDACROP · price

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Price reaction · full curve 14 horizons · vs prior close
-16.8%1-day move
₹1153.20
prior close
₹1191.20
base price
In-mkt
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+0.2-0.1-16.8-16.1-22.4-20.5-22.6-22.6-21.5-20.8-21.1
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AI summary

Sharda Cropchem reported exceptional Q4 and FY26 results driven by strong volume growth and margin expansion. Q4 FY26 revenue grew 13% to Rs. 2,065 crore, while full-year revenue increased 22% to Rs. 5,268 crore. Agrochemical volumes grew 13.3% in FY26 across Europe and LATAM regions. Gross margins improved significantly by 600 basis points to 35.9% in FY26, with EBITDA growing 69% to Rs. 1,040 crore. PAT more than doubled to Rs. 681 crore (highest ever), with EPS at Rs. 75.47. The company operates an asset-light model with 3,011 registrations procured globally, presence in 80+ countries, and zero debt. Working capital improved by 20 days to 98 days, while RoCE improved to 30.4%.

Likely market impact

Strong operational performance with margin expansion and volume growth demonstrates successful execution of the company's asset-light business model. Management's guidance that gross margins will sustain at 35.9% in FY27 provides visibility on profitability, while the reduction in working capital and improvement in cash position (Rs. 702 crore) strengthens the balance sheet, which should be positive for the stock.