Bhagiradha Chemicals & Industry

What Bhagiradha Chemicals & Industry does

Bhagiradha Chemicals & Industries Limited (BCIL) is a publicly listed Indian agrochemical manufacturer founded in 1993 by the late Sri Singavarapu Koteswara Rao, a former Indian Institute of Chemical Technology (IICT) scientist, and headquartered in Hyderabad, Telangana. The company manufactures technical-grade insecticides, fungicides, herbicides, and speciality intermediates, supplying formulators, distributors, and agricultural customers both domestically in India and across key international agricultural markets. Operations are anchored at its manufacturing facility in Ongole, Andhra Pradesh, with additional capacity through wholly-owned subsidiary Bheema Fine Chemicals Private Limited in Kadechur, Karnataka, and a registered office in Hyderabad's Financial District.

The company's core technology is process chemistry: an in-house R&D team, supported by a collaboration with IICT-CSIR, develops non-infringing, scalable, and commercially viable manufacturing routes for off-patent agrochemical molecules, with continuous process optimisation focused on yield, impurity management, and batch-to-batch quality consistency. The commercialised product portfolio spans 13 insecticides (including Chlorpyrifos, Chlorantraniliprole, Fipronil, Imidacloprid, Thiamethoxam, and Dinotefuran), four fungicides (Azoxystrobin, Trifloxystrobin, Thifluzamide, Picoxystrobin), seven herbicides (including Pinoxaden, Pyroxasulfone, Tembotrione, Clodinafop-Propargyl, and Cloquintocet-Mexyl), and three speciality intermediates, with five additional molecules (Flonicamid, Boscalid, Fluxapyroxad, Fluopyram, Topramezone) under development. Environmental investments include a 4 MW solar power plant and a Zero Liquid Discharge system at the Ongole facility.

BCIL operates a sales-led B2B model, selling directly to formulators, distributors, and agricultural companies through direct sales engagement, with no public pricing disclosure. FY26 consolidated revenue was Rs 535.94 crore (up 21.67% year-on-year), with net profit of Rs 18.17 crore (up 31.09% year-on-year) and a Q4 FY26 operating margin of 12.28%, a significant expansion from 4.95% in the year-ago period. The company is listed on BSE and NSE under ticker BCIL (BSE code BHAGCHEM), with 501-1,000 employees and an independent board led by Independent Non-Executive Chairman Mr. Kishor Shah.

Name

Bhagiradha Chemicals & Industry

Legal name

Bhagiradha Chemicals & Industries Limited

Website

https://bhagirad.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Bhagiradha Chemicals & Industries (BCIL) is a Hyderabad-based, publicly listed Indian agrochemical manufacturer founded in 1993 that produces technical-grade insecticides, fungicides, herbicides, and speciality intermediates for B2B formulators and agricultural customers across domestic and international markets.

Ownership category

akta.pro rank

Product category

Agrochemical Manufacturing

NAICS

Pesticide and Other Agricultural Chemical Manufacturing (32532), Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing (3253)

SIC

Agricultural Chemicals (2870), Chemicals & Allied Products (2800)

akta.pro industry

PRIMARYAFABAIAH

Private Label & White-Label Agrochemical Manufacturing

Agriculture & Food Production/Agricultural Inputs & Agrochemicals/Agrochemical Formulation & Toll Manufacturing

Keywords

• Agrochemical manufacturing
• Crop protection chemicals
• Insecticide technicals
• Fungicide herbicides
• Speciality intermediates

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Agrochemical Product Sales: BCIL generates revenue through the manufacture and sale of agrochemical technicals, intermediates, and formulations including insecticides, fungicides, herbicides, and specialty intermediates. Products are sold to domestic and international customers in the agricultural sector.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

BCIL manufactures and sells technical-grade agrochemicals and speciality intermediates, including insecticides, fungicides, and herbicides, developed through in-house process chemistry R&D with non-infringing routes for off-patent molecules. Products are sold to domestic and international agrochemical formulators, distributors, and agricultural companies, supported by manufacturing facilities at Ongole and Kadechur, and an IICT-CSIR R&D collaboration.

Product overview

Bhagiradha Chemicals & Industries Limited (BCIL) is a research-driven agrochemical manufacturer offering a diversified portfolio of technical-grade agrochemicals and speciality intermediates. The product portfolio spans four main categories: Insecticides (including Chlorpyrifos, Chlorantraniliprole, Fipronil, Dinotefuran, Imidacloprid, Thiamethoxam, Cartap Hydrochloride, Diafenthiuron, Novaluron, Ethiprole, Pymetrozine, Tolfenpyrad, Chlorpyrifos-Methyl), Fungicides (Azoxystrobin, Trifloxystrobin, Thifluzamide, Picoxystrobin), Herbicides (Pinoxaden, Pyroxasulfone, Tembotrione, Sulfosulfuron, Triclopyr-Butoxy Ethyl Ester, Clodinafop-Propargyl, Cloquintocet-Mexyl), and Speciality Intermediates (2,6-Dichloroaniline, 5-Amino-3-cyano-1-(2,6-dichloro-4-trifluoromethylphenyl)pyrazole, 2-Ethylsulfonylimidazo[1,2-a]pyridine-3-sulfonamide). The company also has several products under development: Flonicamid, Boscalid, Fluxapyroxad, Fluopyram, and Topramezone. Products are developed through strong process chemistry and produced at scale with non-infringing processes, supported by IICT-CSIR collaboration.

Differentiator

Problem solved

Functional benefit

Products and services

• Chlorpyrifos Technical-grade insecticide for crop protection that controls a wide range of pests, sold to agrochemical formulators and agricultural customers.
• Chlorantraniliprole Advanced insecticide technical developed through strong R&D and process expertise, used for crop protection.
• Fipronil Technical-grade insecticide for effective pest control in crop protection.
• Novaluron Technical-grade insecticide for crop protection applications.
• Ethiprole Technical-grade insecticide for agricultural pest control.
• Pymetrozine Technical-grade insecticide for controlling sucking insects in crop protection.
• Tolfenpyrad Technical-grade insecticide for agricultural applications.
• Cartap Hydrochloride Systemic insecticide active by contact and ingestion, supplied as technical at 98% min. content (CAS No. 15263-52-2) for crop protection.
• Diafenthiuron Insecticide and acaricide which kills larvae, nymphs, and adults by contact and/or stomach action, supplied as technical at 96% min. (CAS No. 80060-09-9).
• Dinotefuran Systemic insecticide active by both contact and ingestion, absorbed by the plant, supplied as technical at 97% min. (CAS No. 165252-70-0).
• Imidacloprid Systemic insecticide with contact and stomach action, supplied as technical at 94% min. (CAS No. 138261-41-3) for crop protection.
• Thiamethoxam Systemic insecticide active by both contact and ingestion, supplied as technical at 97% min. (CAS No. 153719-23-4) for crop protection.
• Chlorpyrifos-Methyl Non-systemic insecticide with contact, stomach, and respiratory action, supplied as technical at 97% min. (CAS No. 5598-13-0).
• Azoxystrobin Fungicide technical designed to protect crops from fungal threats.
• Trifloxystrobin Fungicide technical for crop protection applications.
• Thifluzamide Fungicide technical for agricultural applications.
• Picoxystrobin Fungicide technical for crop protection applications.
• Pinoxaden Herbicide technical developed for effective weed management.
• Pyroxasulfone Herbicide technical for weed management in crops.
• Tembotrione Herbicide technical for effective weed control in agriculture.
• Sulfosulfuron Herbicide technical for agricultural weed management.
• Triclopyr-Butoxy Ethyl Ester Herbicide technical for weed control applications.
• Clodinafop-Propargyl Post-emergence, systemic grass herbicide, supplied as technical at 98% min. (CAS No. 105512-06-9), controls annual grasses in cereals.
• Cloquintocet-Mexyl Herbicide safener that improves cereal crop tolerance to clodinafop-propargyl, supplied as technical at 98% min. (CAS No. 99607-70-2).
• 2,6-Dichloroaniline High-quality speciality intermediate used as a building block in agrochemical synthesis.
• 5-Amino-3-cyano-1-(2,6-dichloro-4-trifluoromethylphenyl)pyrazole Speciality intermediate for agrochemical synthesis, supplied to formulators.
• 2-Ethylsulfonylimidazo[1,2-a]pyridine-3-sulfonamide Speciality intermediate for agrochemical synthesis, supplied to formulators.

Quantifiable outcome

• Operating profit margin improved from 4.95% to 12.28% in Q4 FY26
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• UPL Limited: Indian multinational and one of the world's largest crop protection companies with broad portfolio of agrochemicals, seeds, and post-harvest solutions. Significantly larger and more diversified than BCIL, operating across the full value chain from manufacturing to branded sales, making it an incumbent peer in the same industry space.
• Atul Limited: Large diversified Indian chemical company with a crop protection segment among other chemical businesses. Operates in agrochemical manufacturing space but as part of a broader chemicals portfolio, making it an incumbent rather than direct specialist peer.

Direct peers

• PI Industries: Indian agrochemical company with strong R&D-driven process chemistry, manufacturing technical-grade agrochemicals and intermediates for global formulators. Both companies share B2B technical manufacturing models, proprietary process development for off-patent molecules, and scientific collaborations with premier Indian research institutes.
• Insecticides India: Indian agrochemical company manufacturing technicals and formulations of insecticides, herbicides, and fungicides. Comparable in product mix and Indian-market focus, with overlapping technical-manufacturing capabilities.
• Meghmani Organics: Indian manufacturer of agrochemicals and pigments with technical-grade pesticide manufacturing for global markets. Comparable mid-sized Indian manufacturer with similar B2B technical orientation across insecticide and fungicide categories.
• Bharat Rasayan: Smaller Indian agrochemical manufacturer producing technical-grade insecticides, fungicides, and herbicides. Comparable in scale, technical-manufacturing focus, and Indian manufacturing base, though with a narrower product portfolio than BCIL.
• Dhanuka Agritech: Indian agrochemical company manufacturing and marketing insecticides, herbicides, and fungicides for the Indian farming market. Comparable in size and Indian-market focus, though Dhanuka leans more toward branded formulations while BCIL focuses on technical manufacturing.
• Rallis India: Tata Group-owned Indian agrochemical company with domestic formulations and contract manufacturing of technicals. Comparable in product categories (insecticides, fungicides, herbicides) and Indian manufacturing footprint, serving both branded and B2B technical channels.
• Coromandel International: Indian crop protection and fertilizer company with technical and formulation manufacturing. Comparable in crop protection product categories, though larger and more diversified into fertilizers and specialty nutrients.
• Godrej Agrovet: Indian agri-business company with crop protection chemicals as one of multiple segments including animal feed and palm oil. Operates in same agrochemical manufacturing space with overlapping product categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/BChemicals55506
• YouTubeyoutube.com/channel/UCfFl-PVBvCyfOpzV1OFhmAw
• LinkedInlinkedin.com/company/bhagiradha

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bhagiradha Chemicals & Industry