About Sharda Cropchem

Sharda Cropchem Limited is a Mumbai-based, asset-light, IP-driven marketer and distributor of agrochemical formulations and generic active ingredients with a global footprint across 80 countries, complemented by a non-agrochemicals portfolio in rubber and conveyor belts, dyes and intermediates, and industrial chemicals as per its FY 2024–25 Annual Report. Sharda reported its highest ever revenue of Rs 4,320.00 crore in FY 2024–25, supported by 2,964 product registrations and 1,014 applications in pipeline as of March 31, 2025, with zero debt and Rs 558.00 crore in liquidity, reflecting a strong recovery in volumes and margins during the year.

• History and activities: Founded under the leadership of Mr. R. V. Bubna, the Company operates an asset-light model focused on dossier development, regulatory registrations, strategic sourcing, and global marketing and distribution of agrochemicals and select non-agrochemical products, without captive manufacturing plants; operations are coordinated from a single office in Mumbai, India, with sourcing primarily from China and India and formulation partners in Europe and the US.

• Products/services: Core agrochemical portfolio spans fungicides, herbicides, insecticides, and biocides; non-agro includes rubber and conveyor belts, dyes and dye intermediates, and industrial chemicals, particularly for water treatment and food-related sectors.

• Operating geographies: Presence across Europe, NAFTA, LATAM, and RoW, supported by over 525 distributors and 500+ global resources, executing a “Factory-to-Farmer” go-to-market model for efficient reach and localised packaging and compliance.

• Subsidiaries: The Annual Report refers readers to the Board’s Report pages for the list; the Company reports consolidated statements but no plant locations and 1 office; specific subsidiary count is referenced in “pages 75–76” within the Board’s Report section for holdings/subsidiaries/associates.

• Key milestones: Entered dyes and intermediates (1993), agrochemicals (1995), conveyor belts/V-belts (2004), facilitated PE entry (2008), listed on BSE and NSE (2014), crossed Rs 1,000.00 crore revenue (2015), doubled revenues over 5 years to Rs 2,003.00 crore (2020), sharpened NAFTA/LATAM focus (2021), doubled again over 3 years to Rs 4,045.00 crore (2023), and achieved historic Rs 4,320.00 crore revenue (2025).

Sharda Cropchem Business Segment

• Agrochemicals revenue: Rs 3,773.00 crore; region-wise mix for agrochemicals: Europe 57%, NAFTA 33%, LATAM 5%, RoW 5% (percentages disclosed, revenue total provided).

• Non-agrochemicals revenue: Rs 547.00 crore; region-wise mix for non-agrochemicals: Europe 14%, NAFTA 67%, LATAM 9%, RoW 10% (percentages disclosed, revenue total provided).

• Geographic split of total revenue: The report provides region-wise percentage mixes within each segment but does not disclose total domestic vs. international split; the Company reports exports as 100% of turnover in BRSR disclosures, indicating global sales orientation per FY 2024–25 reporting boundary and operations footprint.

Sharda Cropchem Key Management

• Ramprakash V. Bubna — Chairman and Managing Director.

• Sharda R. Bubna — Promoter, Whole Time Director.

• Ashish R. Bubna — Promoter, Whole Time Director.

• Manish R. Bubna — Promoter, Whole Time Director.

• Shailesh Anant Mehendale — Chief Financial Officer.

• Jetkin Gudhka — Company Secretary and Compliance Officer.

Latest Updates on Sharda Cropchem

• FY 2024–25 performance: Revenue up 36.5% to Rs 4,320.00 crore; EBITDA Rs 682.00 crore; PAT Rs 304.00 crore; volume growth of 43.9% in agrochemicals and 9.0% in non-agrochemicals, with stabilising input costs aiding margin recovery.

• Registrations and capex: Total registrations at 2,964; pipeline at 1,014; capex of Rs 420.00 crore during 2024–25 for dossiers/registrations to deepen presence in Europe, NAFTA, and LATAM.

• Balance sheet and liquidity: Zero debt with Rs 558.00 crore in cash, bank balances, and liquid investments as of March 31, 2025; credit rating reaffirmed at CRISIL A1 for short-term banking facilities on March 10, 2025.

• Board changes: Independent Directors M. S. Sundara Rajan, Shitin Desai, and Shobhan Thakore ceased upon completion of second terms on August 8, 2024; appointments of H. S. Upendra Kamath, Vinod Kumar Kathuria, and Shalin S. Divatia as Non-Executive Independent Directors at AGM on August 9, 2024.

• Governance disclosures: No plant locations; operations through a single office; all shares dematerialised; no outstanding GDRs/ADRs/warrants; Company continues to comply with SEBI LODR Regulations with secretarial and governance certifications dated May 14, 2025.