What Sharda Cropchem does

Sharda Cropchem Limited is a Mumbai-headquartered, publicly listed Indian agrochemical company that markets and distributes formulations and generic active ingredients in the fungicide, herbicide, and insecticide segments globally. The company operates an asset-light business model in which it identifies off-patent generic molecules, prepares regulatory dossiers, secures country-by-country product registrations, and outsources manufacturing to a global third-party supplier network, retaining the dossier development and distribution layers in-house. Its core technology asset is a portfolio of over 180 GLP-certified dossiers and more than 1,040 product registrations for formulations plus 155 registrations for generic active ingredients across Europe, NAFTA, Latin America, and Rest of World markets, with operations spanning 50+ countries via 28 wholly-owned subsidiaries.

The company serves four end-markets: crop protection (its primary segment), turf and specialty agriculture, industrial chemicals (water treatment, food ingredients), and industrial conveyor belts for mining, steel, cement, ports, and tunnelling projects. It also distributes pharmaceutical intermediates and has recently extended into the biocide segment through the Sharda Biocide brand. Distribution occurs through a dual motion combining an extensive third-party distributor network with proprietary direct sales forces in Europe, Mexico, Colombia, South Africa, and India. Revenue in FY26 reached Rs 5,267.59 crore (+21.94% YoY) with net profit of Rs 680.86 crore (+123.69% YoY), a ROCE of 30% versus a 14% industry median, and an effectively debt-free balance sheet (Rs 4 crore in borrowings), all supported by a Crisil A1+ credit rating.

Name

Sharda Cropchem

Legal name

Sharda Cropchem Limited

Website

https://shardacropchem.com

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

251–500 employees

Short description

Sharda Cropchem is a publicly listed Indian agrochemical firm that markets and distributes generic formulations and active ingredients globally, leveraging an asset-light model built on a 1,000+ registration portfolio across 50+ countries serving crop protection, industrial, and pharmaceutical customers.

Ownership category

akta.pro rank

Product category

Crop Protection Chemicals

NAICS

Pesticide and Other Agricultural Chemical Manufacturing (32532), Chemical and Allied Products Merchant Wholesalers (4246), Medicinal and Botanical Manufacturing (325411)

SIC

Agricultural Chemicals (2870), Wholesale-Chemicals & Allied Products (5160), Medicinal Chemicals & Botanical Products (2833)

akta.pro primary industry

Crop Protection Product Retail (Herbicides/Insecticides/Fungicides) (AFABAJAE)

akta.pro secondary industries

Crop Protection Chemicals (Herbicides/Insecticides/Fungicides) (IMAEAEAI), Aerosol, Fumigant & Specialty Application Formulations (foggers, gases, smoke generators) (AFABAIAF), Cleaning Chemicals & Disinfectants Distribution (CRAOAGAB)

Keywords

• Crop protection chemicals
• Agrochemical formulations
• Generic pesticides
• Conveyor belts
• Industrial chemicals

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Agrochemical Sales: Marketing and distribution of formulations and generic active ingredients globally in fungicide, herbicide and insecticide segments. The company procures formulations and generic active ingredients in finished form from third party manufacturers for onward sale.
2. Conveyor Belts: Supply of conveyor belts, V-belts used mainly in mining projects followed by Steel plants, quarries, grain silos, cement manufacturing facilities, ports, tunnelling projects. Markets across Europe, NAFTA, Latin America and Rest of the World.
3. Industrial Chemicals: Supply of organic and inorganic chemicals to industries including Water Treatment, Food & Food ingredients, and other Industrial applications.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Sharda Cropchem markets and distributes formulations and generic active ingredients globally under an asset-light model, focused on identifying generic molecules, preparing dossiers, and securing regulatory registrations in fungicide, herbicide, and insecticide segments. The company also supplies conveyor belts and V-belts for mining, steel, cement and industrial applications, and trades organic and inorganic industrial chemicals for water treatment, food ingredients, and pharmaceutical intermediates.

Product overview

Sharda Cropchem is a global agrochemicals company with an asset-light business model, operating across four main product segments: (1) Agro Chemicals - formulations and generic active ingredients in fungicide, herbicide, and insecticide segments for crop protection, with sub-products including insecticides, fungicides, herbicides, veterinary drugs, plant growth regulators, fumigants, rodenticides, and new products; (2) Conveyor Belts - supplying various conveyor belts and V-belts for mining, steel, and industrial applications through partners in China, with sub-products including textile ply, rough top, steel cord, chevron pattern, pipe, PVC/PVG, elevator, sidewall, and light duty belting; (3) Industrial Chemicals - organic and inorganic chemicals for water treatment, food ingredients, and industrial applications; and (4) Pharmaceuticals & Intermediates - pharmaceutical active ingredients and intermediates. The company also recently entered the biocide segment (Sharda Biocide). With operations across Europe, NAFTA, Latin America, and Rest of World, the company focuses on developing product dossiers and seeking registrations in different countries.

Differentiator

Problem solved

Functional benefit

Brands

• Sharda Biocide: Biocide segment for disinfectants
• Sharda International

Products and services

• Agro Chemicals Marketing and distribution of formulations and generic active ingredients globally, including insecticides, fungicides, herbicides, veterinary drugs, plant growth regulators, fumigants, rodenticides, and new products for crop protection. For B2B distributors, formulators, and agricultural businesses.
• Insecticides Wide range of generic insecticide products including Abamectin, Acetamiprid, Bifenthrin, Chlorpyriphos, Cypermethrin, Deltamethrin, Imidacloprid, Lambda Cyhalothrin, and others for crop protection distributors and agricultural businesses.
• Fungicides Generic fungicide products including Benalaxyl, Benomyl, Captan, Carbendazim, Mancozeb, Metalaxyl, Tebuconazole, and other crop protection formulations for agricultural distributors and end-users.
• Herbicides Herbicide products including 2,4 D, Atrazine, Butachlor, Glyphosate, Paraquat, Pendimethalin, and other weed control formulations for various crops, supplied to distributors and agricultural businesses.
• Plant Growth Regulator Plant growth regulators including 2-Naphthoxyacetic Acid (BNOA), IBA/IAA, Napthyl Acetic Acid, Napthylacetamide, and Tricontanol for crop production customers.
• Veterinary Drugs Veterinary pharmaceutical products including Mebendezole, Oxyclozanide, Oxfendazole, Flubendazole, and Oxytetracycline for veterinary distributors and animal health markets.
• Conveyor Belts Supply of various conveyor belts and V-belts used in mining, steel plants, quarries, grain silos, cement manufacturing, ports, and tunnelling projects. Markets served include Europe, NAFTA, Latin America and Rest of World.
• Industrial Chemicals Organic and inorganic chemicals for water treatment, food ingredients, and other industrial applications including caustic soda, citric acid, hydrogen peroxide, and specialty chemicals, supplied to industrial buyers.
• Pharmaceuticals & Intermediates Pharmaceutical products and intermediates including Prothioconazole, Azoxystrobin, P-nitrophenol, and other active ingredients for pharmaceutical manufacturers and formulators.
• Sharda Biocide Biocide segment products including disinfectants, primarily acquired and distributed in Europe through existing registration holders for industrial hygiene and disinfection markets.

Quantifiable outcome

• Revenue grew 21.94% to Rs 5,267.59 crore in FY26
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Third Party ManufacturerscoreOthersGlobal network of third-party manufacturers supplying formulations and generic active ingredients in finished form. Company outsources manufacturing while focusing on dossier development, registrations, and distribution.

Scale indicators9 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Albaugh, LLC: US-headquartered global manufacturer and distributor of post-patent crop protection products (herbicides, fungicides, insecticides, plant growth regulators). Highly comparable to Sharda's asset-light posture and generic AI strategy across the Americas and Europe, though Albaugh operates with its own manufacturing footprint.
• Crystal Crop Protection: Indian agrochemical company producing and distributing crop protection formulations, seeds and related products across India and select international markets. Comparable to Sharda in generic crop protection focus and Indian roots, with manufacturing and a more domestically weighted mix.
• Dhanuka Agritech: Indian agrochemical company focused on marketing and distributing branded formulations (insecticides, fungicides, herbicides, plant growth regulators) sourced from third-party manufacturers. Highly comparable to Sharda's asset-light distribution model, though with stronger India-domestic tilt and smaller international footprint.
• Bharat Rasayan: Indian agrochemical manufacturer and marketer of technicals and formulations in insecticides, fungicides and herbicides. Comparable to Sharda in generic agrochemical focus and product categories, with a manufacturing base that differentiates it from Sharda's pure distribution model.
• Insecticides (India) Limited: Indian agrochemical firm with branded formulations and technicals (including insecticides and herbicides) sold across domestic and select export markets. Directly comparable to Sharda in product categories (insecticides/herbicides/fungicides) and generic molecule strategy, though smaller scale and more India-centric.

Broad incumbents

• Rallis India: Tata-group Indian agrochemical company with crop protection, seeds and plant growth nutrition; markets formulations domestically and exports to emerging markets. Comparable as a listed Indian agrochemical peer with similar product categories, though Rallis is larger, has manufacturing, and a more domestic focus.
• PI Industries: Indian agrochemical company specializing in custom synthesis/manufacturing for global innovators plus its own branded formulations. Comparable to Sharda in the Indian agrochemical listed universe with strong growth and profitability, but operates a hybrid CSM-plus-distribution model with manufacturing exposure.
• Nufarm Limited: Australia-based global crop protection and seed company with a focus on off-patent/post-patent herbicides, insecticides and fungicides distributed across the Americas, Europe, APAC and Africa. Comparable to Sharda's generic AI and formulation distribution model in crop protection with global reach, though Nufarm also has manufacturing and a seed business.
• UPL Limited: India's largest agrochemical company with global manufacturing and a broad crop protection portfolio including seeds and post-patent AI. Comparable to Sharda as a global Indian-headquartered agrochemical with strong presence in emerging markets and EU/US, though UPL has significant manufacturing assets and a much broader product range.
• ADAMA Ltd. Israel-headquartered global off-patent agrochemical manufacturer and distributor with broad crop protection portfolio across geographies. Directly comparable to Sharda's generic agrochemical playbook and global distribution focus, though ADAMA operates with significant manufacturing assets and is much larger.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights1 record

Customer concentration

• LinkedInlinkedin.com/company/sharda-cropchem-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries30 records

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 Sharda Cropchem