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Swing Capital

Sharda Cropchem Ltd

NSE: SHARDACROP BSE: 538666Chemicals

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.

₹901
52W: ₹601 — ₹1298
PE 12 · Book ₹270 · +234% vs book
Market Cap₹8,131 Cr
Stock P/E12Price to Earnings
ROCE36.1%Return on Capital
ROE29%Return on Equity
Div. Yield1%Face Value ₹10

Strengths

  • +Company has reduced debt.
  • +Company is almost debt free.
  • +Company has delivered good profit growth of 27.0% CAGR over last 5 years
  • +Company has been maintaining a healthy dividend payout of 23.1%
  • +Company's working capital requirements have reduced from 108 days to 78.1 days

Shareholding Pattern

Promoters74.82%
FIIs4.6%
DIIs9.7%
Public10.88%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters74.82%74.82%74.82%74.82%74.82%74.82%74.82%74.82%
FIIs2.02%2.52%▲0.53.77%▲1.34.69%▲0.95.48%▲0.85.26%▼0.24.2%▼1.14.6%▲0.4
DIIs12.87%12.77%▼0.110.07%▼2.710.28%▲0.29.38%▼0.99.26%▼0.19.95%▲0.79.7%▼0.3
Public10.29%9.91%▼0.411.33%▲1.410.21%▼1.110.33%▲0.110.65%▲0.311.02%▲0.410.88%▼0.1

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales4981,1876575908001,6148258141,1211,871
Expenses4649545855287261,3796397299081,426
Operating Profit3423473617423518684213445
OPM %7%20%11%10%9%15%23%10%19%24%
Net Profit371831846918311444167352
EPS ₹4.0820.241.970.457.6320.2912.594.8818.5339.06

AI Insights

Revenue Trend

Mar 2026 revenue at ₹4,631Cr, up 26.5% YoY. OPM at 20%.

Debt Position

Borrowings at ₹4Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.

Institutional Flow

DIIs: 9.7% (-3.05pp change). FIIs: 4.6% (+2.60pp change). Promoters hold 74.82%.

Margin & Efficiency

ROCE declining from 26% (Mar 2015) to 0% (Mar 2026). Working capital days: 0.

Valuation

PE 12x with 36.1% ROCE. Price is 234% above book value of ₹270. Dividend yield: 1%.

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