HPM India

What HPM India does

HPM Chemicals & Fertilizers Ltd. (operating as HPM India) is a Delhi-headquartered, privately held manufacturer and exporter of agrochemical products founded around 1977–1979 and active across the full crop-protection stack: 24 technical-grade active ingredients (insecticides such as Acephate, Imidacloprid, Chlorpyrifos, and Cypermethrin; herbicides such as Glyphosate, Pretilachlor, Atrazine; fungicides such as Mancozeb, Hexaconazole) and 100+ formulations across EC, SL, SC, WG, WP, GR and other types sold under 80+ brands (Dhadkan, TIGER, HUNTER, HITASTIN, KARISHMA, PANTHER GOLD, NIDAR, etc.). The company runs three ISO-certified manufacturing facilities—principally the 5,000 MTA Khushkhera (Rajasthan) technical plant with a zero-waste-discharge Multi Effect Evaporator (MEE) processing 70,000 L/day and international technology collaboration, plus a formulation unit in Samba (Jammu) and the Delhi corporate office—and an in-house R&D facility producing country-specific OECD-GLP data packages that support global product registration.

HPM operates a dual go-to-market: domestic sales through a 500-person field force and a dealer/distributor network active across all Indian states (with documented field visits, dealer meets, and Pragatisheel Baithak annual events in 18+ states including UP, Maharashtra, Punjab, Rajasthan, MP, HP, and Tamil Nadu), plus direct international exports to 28+ countries spanning ASEAN, Australia, Middle East, LATAM, and Africa, and technology-transfer ("GROW TOGETHER") partnerships in Bangladesh, Nepal, and Bhutan. Revenue streams are split across domestic branded formulations, institutional/government sales, and international exports, all priced on a quote-based B2B model. The company is founder/management-controlled under CMD Ashok Aggarwal and Executive Director Tapasya Goel, with no disclosed institutional funding, M&A activity, or public listing. Revenue and cap-table data are not publicly disclosed.

Name

HPM India

Legal name

HPM Chemicals & Fertilizers Ltd.

Website

https://hpmindia.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

251–500 employees

Short description

HPM Chemicals & Fertilizers Ltd. (HPM India) is a Delhi-based, privately held manufacturer and exporter of agrochemical technicals and formulations—insecticides, fungicides, herbicides, and plant growth regulators—sold under 80+ brands to Indian farmers via a 500-person sales force and to 28+ countries via direct export and technology-transfer partnerships.

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 primary industry

Crop Protection Chemicals (Herbicides/Insecticides/Fungicides) (IMAEAEAI)

akta.pro secondary industry

Insecticides (AFABAAAB)

Keywords

• Crop protection chemicals
• Agrochemical manufacturing
• Pesticide formulations
• Insecticide production
• Herbicide manufacturing

Headquarters

HQ city

Delhi

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Domestic Agrochemical Sales: Sale of technical products and formulations (insecticides, fungicides, herbicides, PGR, bio fertilizers, adjuvants) through dealer and distributor network across all states in India.
2. International Exports: Export of technical and formulated products to 28+ countries across ASEAN, Australia, Middle East, LATAM, and Africa. Technology transfer partnerships with neighboring countries Bangladesh, Nepal, Bhutan under GROW TOGETHER model.
3. Institutional Sales: Sales to institutional customers and government entities.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels13 records

Core offering

HPM Chemicals & Fertilizers Ltd. is a pioneer manufacturer and exporter of pesticide technicals (active ingredients) and formulated crop protection products. The company produces 24+ technical products and 100+ formulations spanning insecticides, fungicides, herbicides, plant growth regulators, bio fertilizers (HPM Gold), and adjuvants (Aasra) across three ISO-certified manufacturing units in India. It distributes 80+ brands domestically through a dealer/distributor network and exports to 28+ countries across ASEAN, Middle East, LATAM, Africa, and Australia.

Product overview

HPM Chemicals & Fertilizers Ltd. is a manufacturer and exporter of agrochemical products operating across two main product lines: Technical Products (active ingredient bases) and Formulated Products (ready-to-use crop protection solutions). Technical products include 24+ active ingredients such as Acephate, Acetamiprid, Bifenthrin, Buprofezin, Chlorpyrifos, Cypermethrin, Deltamethrin, Diafenthiuron, Fipronil, Lambda Cyhalothrin, Thiamethoxam, Atrazine, Butachlor, Clodinafop Propargyl, Glyphosate, Metsulfuron Methyl, Paraquat Dichloride, Pretilachlor, Sulfosulfuron, Imidacloprid, Mancozeb, and Hexaconazole. Formulated products span four categories: Insecticides (Acephate, Acetamiprid, Bifenthrin, Deltamethrin+Triazophos, Lambda Cyhalothrin, Imidacloprid, Ethion, Fenvalerate, Propargite, Dichlorovos), Fungicides (Carbendazim, Difenconazole, Hexaconazole, Tebuconazole, Copper Oxychloride, Myclobutanil, Propineb, Sulphur, Validamycin, Ziram, Mancozeb), Herbicides (Oxadiargyl, Butachlor, Isoproturon, Glyphosate, Pretilachlor, Metsulfuron Methyl), and Plant Growth Regulators (Water Conditioners, Bio-Stimulants, Organic Bionutrients). The company also offers three digital products: HPM Agro App, HPM Connect App, and HPM Insight App. Products are sold under various brand names including Dhadkan, Knock Down Super, PICADOR, DECENT, HI-IMIDA FS, PANTHER GOLD, HEXAHIT, HITASTIN, NIDAR, KARISHMA, SUKHIYA VIP, HINDUSTAN ZIRAM, SAFETY, TIGER, HUNTER GR, ISOHIT, Glory, Cheers, and Power-X Granules. The company operates three ISO-certified manufacturing units across India and exports to more than 20 countries globally.

Differentiator

Problem solved

Functional benefit

Brands

• HPM Agro App: Mobile application for agro products and services
• HPM Connect App
• HPM Insight App
• HPM Gold
• Aasra

Products and services

• Technical Insecticides Active-ingredient technical grade insecticides manufactured in-house including Acephate (97%), Acetamiprid (97%), Bifenthrin (92%), Buprofezin (98%), Cartap Hydrochloride (98%), Chlorpyrifos (94%), Cypermethrin (92%), Deltamethrin (98%), Diafenthiuron (96%), Fipronil (92%), Lambda Cyhalothrin (84%), Thiamethoxam (97%), and Imidacloprid (94%). Sold to formulators and international agrochemical companies.
• Technical Herbicides Active-ingredient technical grade herbicides including Atrazine (95%), Butachlor (94%), Clodinafop Propargyl (96%), Glyphosate (95%), Metsulfuron Methyl (93%), Paraquat Dichloride (42%), Pretilachlor (95%), and Sulfosulfuron (98%). Used by formulators globally for weed control in rice, wheat, corn, and other crops.
• Technical Fungicides Active-ingredient technical grade fungicides including Mancozeb (dithiocarbamate, broad-spectrum) and Hexaconazole (triazole, for Ascomycetes and Basidiomycetes control). Sold to formulators and used in proprietary formulations.
• Branded Insecticide Formulations Ready-to-use insecticide formulations sold under brand names including ETHOHIT (Ethion 50% EC, miticide and termiticide), FENHIT (Fenvalerate 20% EC), Knock Down Super (Lambda Cyhalothrin 2.5% EC), DHADKAN (Deltamethrin 1% + Triazophos 35% EC), PICADOR (Propargite 57% EC, acaricide), DECENT (Dichlorovos 76% EC), and HI-IMIDA FS (Imidacloprid 48% FS, seed treatment). Used by Indian farmers for insect control on cotton, vegetables, tea, apple, and other crops.
• Branded Fungicide Formulations Ready-to-use fungicide formulations including PANTHER GOLD (Captan 70% + Hexaconazole 5% WP), SAVER (Difenconazole 25% EC), Recent (Tebuconazole 2% DS, seed treatment), HEXAHIT (Hexaconazole 5% EC), HICOPPER (Copper Oxychloride 50% WP), HITASTIN (Carbendazim 50% WP), NIDAR (Myclobutanil 10% WP), KARISHMA (Propineb 70% WP), SUPERSONIC SC (Sulphur 40% SC), SUKHIYA VIP (Validamycin 3% L), HINDUSTAN ZIRAM (Ziram 27% CS), and SAFETY (Mancozeb 35% SC). For disease control across potato, tomato, grape, apple, rice, and wheat.
• Branded Herbicide Formulations Ready-to-use herbicide formulations including TIGER (Oxadiargyl 80% WP), HUNTER GR (Butachlor 5% GR), and ISOHIT (Isoproturon 75% WP). Designed for pre- and post-emergence weed control in rice and wheat crops for Indian farmers.
• Plant Growth Regulators and Bio-Stimulants Plant growth regulator and bio-stimulant products including Glory (water conditioner for spray efficacy), Cheers (plant bio-stimulant for crop growth enhancement), and Power-X Granules (organic bio-nutrient with protein hydrolysates, carbohydrates, amino acids, and micro nutrients). Sold to farmers for crop productivity enhancement.
• HPM Gold Bio Fertilizer Bio fertilizer product brand offered by HPM as part of its bio fertilizer business line. Used by farmers as an alternative or complement to conventional crop nutrition.
• Aasra Adjuvant Adjuvant product brand offered by HPM to improve the performance of crop protection sprays. Used by farmers and dealers as a tank-mix additive.
• HPM Agro Mobile App Mobile application available on Google Play Store for farmers and dealers to access HPM agro product information and agricultural solutions.
• HPM Connect Mobile App Video conferencing and team collaboration mobile application based on Jitsi, used internally by HPM teams and partners.
• HPM Insight Mobile App HR and business intelligence mobile application used by HPM employees for HR access.

Quantifiable outcome

• Zero waste discharge achieved at new Khushkhera Technical Plant through MEE technology treating 70,000 liters daily
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core and minor.

• International Technology CollaborationcoreStrategic or Co-development PartnerState-of-art technical plant at Khushkhera established through unique international technological collaboration with zero waste discharge capability.
• Delhi Police (Himmat Plus)minorGTM or Marketing PartnerHPM joined hands with Delhi Police's Himmat Plus women safety mobile application initiative to support women safety in Delhi.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Bharat Rasayan Limited: Indian manufacturer of technical-grade agrochemicals and formulations with a strong presence in insecticides and intermediates. Comparable to HPM as a technical-and-formulation integrated Indian player exporting globally.
• Crystal Crop Protection Limited: Indian agrochemical manufacturer producing insecticides, herbicides, fungicides, and bio-stimulants with pan-India distribution. Comparable to HPM in product categories, technical/formulation capabilities, and SME-farmer channel orientation.
• PI Industries Limited: Leading Indian agrochemical company with proprietary and off-patent molecules, custom synthesis, and exports to global agrochemical majors. Comparable to HPM in crop protection focus and export orientation, though larger and more R&D-intensive.
• Meghmani Organics Limited: Indian manufacturer of agrochemicals, pigments, and intermediates with significant exports. Comparable to HPM in producing off-patent technicals and formulations for both domestic and international customers.
• Dhanuka Agritech Limited: Listed Indian agrochemical company manufacturing and marketing insecticides, fungicides, herbicides, and plant growth regulators through a nationwide distributor network. Comparable to HPM in product categories, distribution model, and focus on Indian farmers.
• Insecticides India Limited: Indian agrochemical manufacturer producing a broad portfolio of insecticides, fungicides, and herbicides with technical and formulation capabilities and a pan-India dealer network. Closely comparable to HPM in product mix, channel model, and export orientation.

Regional players

• Atul Limited: Indian diversified chemicals manufacturer with an agrochemicals segment producing crop protection products for domestic and international markets. Comparable to HPM in agrochemical manufacturing and export activity, though its portfolio is broader into other chemical categories.

Broad incumbents

• Coromandel International Limited: Indian fertilizers and crop protection company (Murugappa Group) with manufacturing, distribution, and retail reach. Comparable to HPM as an Indian agri-inputs player, though broader across fertilizers and specialty nutrients.
• Rallis India Limited: Tata-group Indian agrochemical company offering crop protection chemicals, seeds, and plant growth nutrients across domestic and international markets. Comparable as an Indian agrochemical player, though larger and broader in scope.
• UPL Limited: One of the world's largest generic agrochemical companies with a deep portfolio of crop protection chemicals, seeds, and post-harvest solutions. A broader incumbent than HPM with global manufacturing and registration footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/477891448974786
• Xx.com/hpmindia
• LinkedInlinkedin.com/company/hindustan-pulverising-mills

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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 HPM India