Sharda Cropchem is principally engaged in export of agrochemicals (technical grade and formulations) and non-agro products such as conveyor belts, rubber belts/sheets, dyes and dye intermediates to various countries across the world.
Q2 FY26 Earnings Results:
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Revenue from Operations: ₹929.11 crore, up 19.6% YoY; down 5.7% QoQ.
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Profit After Tax (PAT): ₹74.31 crore, up 75.2% YoY; down 47.9% QoQ.
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EBITDA: ₹138.9 crore, up 71% YoY.
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EBITDA Margin: 15.0%, up 450 bps YoY, down QoQ from 21.9%.
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Gross Profit Margin: 34.5%, expanded 690 bps YoY.
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Strong volume growth in agrochemical segment (+27% YoY).
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Total expenses up, but well-managed, with cost control focus.
Management Commentary & Strategic Insights:
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Positive outlook with strong volume momentum and margin improvement.
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Continued capex plans (~₹450-500 crore) focused on expanding capacity and product registrations.
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Emphasis on maintaining EBITDA margins between 15-18% for FY26.
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Improved product mix with growth in specialty and non-agrochemical segments.
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Managing price volatility and global market uncertainty proactively.
Q1 FY26 Earnings Results:
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Revenue: ₹984.8 crore, up 25% YoY.
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PAT: ₹142.8 crore, up 424% YoY.
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EBITDA: ₹142 crore, up 67% YoY.
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Volume growth: 13.2% YoY in overall sales.
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Focused on R&D and product registrations with 2,981 registrations and 1,021 pending approvals.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.