{"id":178605,"date":"2026-01-30T12:06:02","date_gmt":"2026-01-30T17:06:02","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=178605"},"modified":"2026-01-30T12:06:02","modified_gmt":"2026-01-30T17:06:02","slug":"sharda-cropchem-q3-profit-surges-366-on-strong-europe-volumes","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/sharda-cropchem-q3-profit-surges-366-on-strong-europe-volumes\/","title":{"rendered":"Sharda Cropchem Q3 profit surges 366% on strong Europe volumes"},"content":{"rendered":"\n

Sharda Cropchem Limited (NSE: SHARDACROP; BSE: 538666), a leading global agrochemicals player, reported a nearly five-fold jump in its third-quarter profit on Thursday, driven by robust volume growth and a significant expansion in the European market.<\/p>\n\n\n\n

The company’s consolidated profit after tax (PAT) surged 366% to 145.1 crore rupees for the quarter ended Dec. 31, 2025, compared with 31.1 crore rupees in the same period last year. Revenue from operations climbed 39% to 1,288.8 crore rupees, supported by a 14.4% increase in overall volumes and a favorable change in product mix.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Record Performance and Dividend<\/strong><\/h2>\n\n\n\n

For the first nine months of the fiscal year (9M FY26), Sharda Cropchem achieved its highest-ever annual PAT of 362.3 crore rupees, surpassing previous full-year records within just three quarters. Nine-month revenues rose 29% to 3,202.7 crore rupees, while EBITDA grew 64% to 526.7 crore rupees.<\/p>\n\n\n\n

In light of the strong performance, the company\u2019s board declared an interim dividend of 6 rupees per equity share.<\/p>\n\n\n\n

Regional and Segmental Drivers<\/strong><\/h2>\n\n\n\n

The Agrochemical segment, which contributes 89% of total Q3 revenue, saw a 48% year-on-year growth. Performance was particularly dominant in Europe, where agrochemical revenues skyrocketed 123% to 654 crore rupees. Growth was also notable in the LATAM region, which saw a 68% increase in agrochemical revenue.<\/p>\n\n\n\n

Conversely, the Non-Agrochemical segment faced headwinds, with Q3 revenue declining 8% to 148 crore rupees, primarily due to double-digit drops in the NAFTA and LATAM regions.<\/p>\n\n\n\n

Operational Strength<\/strong><\/h2>\n\n\n\n

Sharda Cropchem continues to operate an asset-light business model, focusing on identifying generic molecules and securing registrations while outsourcing manufacturing. As of Dec. 31, 2025, the company remains debt-free with cash, bank, and liquid investments totaling 826 crore rupees. Its global library of registrations stands at 3,004, with an additional 1,076 applications pending.<\/p>\n\n\n\n

Margins and Outlook<\/strong><\/h2>\n\n\n\n

Gross profit margins expanded by 220 basis points to 34.9% in Q3, aided by stabilizing input costs and improved price dynamics. EBITDA margins rose to 19.1% from 16.6% a year ago.<\/p>\n\n\n\n

Europe has led as the key contributor in both volume and value terms. The company expects price increases going forward and anticipates the growth momentum to remain strong through FY27.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sharda Cropchem Limited (NSE: SHARDACROP; BSE: 538666), a leading global agrochemicals player, reported a nearly five-fold jump in its third-quarter profit on Thursday, driven by robust volume growth and a significant expansion in the European market. The company’s consolidated profit after tax (PAT) surged 366% to 145.1 crore rupees for the quarter ended Dec. 31, […]<\/p>\n","protected":false},"author":2381,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9931,1941,392],"tags":[8881,8890],"class_list":["post-178605","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agricultural-products","category-stock-analysis","category-earnings","tag-agricultural-inputs","tag-basic-materials"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":142992,"url":"https:\/\/alphastreet.com\/india\/sharda-cropchem-limited-q3fy23-earnings\/","url_meta":{"origin":178605,"position":0},"title":"Sharda Cropchem Limited Q3FY23 Earnings","author":"Karan_Singh","date":"February 28, 2023","format":false,"excerpt":"Sharda Cropchem exports agrochemicals (technological grade & formulation) as well as non-agro goods such conveyor belts, rubber belts and sheets, dyes, and dye intermediates to a number of international destinations. Financial Results: In Q3 FY23, Company's\u00a0net profit increased 6.07% to \u20b9 108.40 crore from Rs 102.20 crore in the same\u2026","rel":"","context":"In "Agricultural Products"","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/dan-meyers-IQVFVH0ajag-unsplash-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/dan-meyers-IQVFVH0ajag-unsplash-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/dan-meyers-IQVFVH0ajag-unsplash-1.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":145946,"url":"https:\/\/alphastreet.com\/india\/sharda-cropchem-ltd-q4fy23-results-out-revenue-soars-by-3\/","url_meta":{"origin":178605,"position":1},"title":"Sharda Cropchem Ltd Q4FY23 results out, revenue grows by 3%","author":"Chirag Gupta","date":"May 12, 2023","format":false,"excerpt":"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. Sharda Cropchem Ltd reported Total revenue for Q4 FY23 of \u20b91,482 Crore, up from \u20b91,434 Crore year on\u2026","rel":"","context":"In "Agricultural Products"","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":157230,"url":"https:\/\/alphastreet.com\/india\/sharda-cropchem-ltd-q2fy24-20-fall-in-revenue\/","url_meta":{"origin":178605,"position":2},"title":"Sharda Cropchem Ltd Q2FY24; 20% fall in Revenue","author":"Chirag Gupta","date":"December 11, 2023","format":false,"excerpt":"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. Financial Results: Sharda Cropchem Ltd reported Revenues for Q2FY24 of \u20b9581.00 Crores down from \u20b9722.00 Crore year on\u2026","rel":"","context":"In "Agricultural Products"","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-72.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-72.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-72.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-72.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-72.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-72.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":162681,"url":"https:\/\/alphastreet.com\/india\/sharda-cropchem-ltd-q4fy24-13-fall-in-profits\/","url_meta":{"origin":178605,"position":3},"title":"Sharda Cropchem Ltd Q4FY24; 13% fall in Profits","author":"Chirag Gupta","date":"July 2, 2024","format":false,"excerpt":"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. Financial Results: Sharda Cropchem Ltd reported Revenues for Q4FY24 of \u20b91,187.00 Crores down from \u20b91,292.00 Crore year on\u2026","rel":"","context":"In "Agricultural Products"","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-17.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-17.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-17.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-17.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-17.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-17.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159740,"url":"https:\/\/alphastreet.com\/india\/sharda-cropchem-ltd-q3fy24-96-fall-in-profits\/","url_meta":{"origin":178605,"position":4},"title":"Sharda Cropchem Ltd Q3FY24; 96% fall in Profits","author":"Chirag Gupta","date":"March 12, 2024","format":false,"excerpt":"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. Financial Results: Sharda Cropchem Ltd reported Revenues for Q3FY24 of \u20b9632.46 Crores down from \u20b91,017.30 Crore year on\u2026","rel":"","context":"In "Agricultural Products"","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-114.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-114.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-114.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-114.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-114.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-114.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":172058,"url":"https:\/\/alphastreet.com\/india\/sharda-cropchem-q2-fy26-earnings-results\/","url_meta":{"origin":178605,"position":5},"title":"Sharda Cropchem Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"November 3, 2025","format":false,"excerpt":"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: Revenue from Operations: \u20b9929.11 crore, up 19.6% YoY; down 5.7% QoQ. Profit After Tax\u2026","rel":"","context":"In "Agricultural Products"","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"Sharda Cropchem Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Sharda-Cropchem-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Sharda-Cropchem-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Sharda-Cropchem-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Sharda-Cropchem-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Sharda-Cropchem-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Sharda-Cropchem-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2381"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=178605"}],"version-history":[{"count":2,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178605\/revisions"}],"predecessor-version":[{"id":178611,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178605\/revisions\/178611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=178605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=178605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=178605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}