Punjab Chemicals And Crop Prot

What Punjab Chemicals And Crop Prot does

Punjab Chemicals and Crop Protection Limited (NSE: PUNJABCHEM) is an Indian public diversified chemical manufacturer founded in 1975 and headquartered in Derabassi, Punjab, with FY26 consolidated revenue of ₹1,030 crore (~$123M USD, up 14% YoY) and ₹64 crore in profit after tax (up 64% YoY). The company operates four business divisions: Agro and Basic Chemicals at Derabassi (herbicides, insecticides, fungicides, oxalic acid, diethyl oxalate), Speciality and Pharmaceutical Chemicals at Lalru (APIs including trimethoprim, etoricoxib, celecoxib, albendazole; pharmaceutical intermediates), Industrial Chemicals at Pune (the only Indian producer of phosphoric acid via thermal process, supplying food-grade phosphoric acid to Coca-Cola, PepsiCo, and United Breweries), and International Trading in Mumbai.

The company manufactures across a portfolio of complex chemistries, leveraging 190 reactors (730 KL), 350 tanks (1,120 KL), pilot plant capabilities for gram-to-tonne scale process development, and a broad reaction library spanning Friedel-Crafts, Heck, Vilsmeier-Haack, Wittig, cyanation, chlorination, and hazardous-material handling (Hydrazine Hydrate, Thionyl Chloride, Sodium Cyanide, Methyl Bromide). It holds ISO 9001, ISO 14001, ISO 45001, EU GMP, HALAL, KOSHER, GMP, and FSSC 22000 certifications, plus Zero Liquid Discharge status.

The revenue model is primarily one-time B2B chemical sales supplemented by contract manufacturing for multinational clients under secrecy agreements. Distribution reaches customers across five continents via direct export and the wholly-owned Belgian subsidiary SD Ag Chem (Europe) N.V. Named enterprise customers include Coca-Cola India, PepsiCo India, United Breweries, GSK Pharma, Cipla, Johnson & Johnson, and Emcure. The Shalil Shroff Group is the sole promoter, with Vinod Kumar Gupta as CEO and Devender Gupta appointed CFO in December 2025 to support international expansion.

Name

Punjab Chemicals And Crop Prot

Legal name

Punjab Chemicals and Crop Protection Limited

Website

https://punjabchemicals.com

Company type

Public

Founded year

1975

Operating status

Operating

Headcount range

251–500 employees

Short description

Punjab Chemicals and Crop Protection Limited is a 50-year-old Indian public chemical manufacturer producing agrochemicals, pharmaceutical APIs and intermediates, specialty chemicals, and food-grade phosphoric acid across four manufacturing divisions, serving multinational customers across five continents.

Ownership category

akta.pro rank

Product category

Agrochemical and Specialty Chemical Manufacturing

NAICS

Chemical Manufacturing (325), Pesticide and Other Agricultural Chemical Manufacturing (32532), Basic Chemical Manufacturing (3251), Other Chemical Product and Preparation Manufacturing (3259), Chemical and Allied Products Merchant Wholesalers (4246), All Other Basic Organic Chemical Manufacturing (325199)

SIC

Chemicals & Allied Products (2800), Agricultural Chemicals (2870), Medicinal Chemicals & Botanical Products (2833), Industrial Inorganic Chemicals (2810), Industrial Organic Chemicals (2860), Wholesale-Chemicals & Allied Products (5160)

akta.pro primary industry

Commodity Organic Chemicals (Solvents & Intermediates) (IMAEAAAB)

akta.pro secondary industries

Inorganic Commodity Chemicals (Acids, Alkalis, Salts) (IMAEAAAA), Food & Beverage Process & CIP/Sanitation Chemicals (IMAEAJAK)

Keywords

• Agrochemical manufacturing
• Pharmaceutical APIs
• Specialty chemicals production
• Crop protection products
• Contract chemical manufacturing

Headquarters

HQ city

Mohali

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Agrochemicals: Production and sale of Agrotechnicals, Agroformulations including Herbicides, Insecticides, and Fungicides. Core strength of the company with majority of products finding place in international market.
2. Pharmaceutical APIs and Intermediates: Manufacturing of high-quality Active Pharmaceutical Ingredients (APIs) and pharmaceutical intermediates including Trimethoprim, Etoricoxib, Celecoxib, Albendazole, and advanced intermediates. Division established as pioneer in import substitute intermediates for semi synthetic Penicillin.
3. Phosphorus Derivatives and Phosphates: Production of Phosphoric Acid (including Food Grade via thermal process), Phosphorous Acid, Polyphosphoric Acid, Phosphorous Pentoxide, and various phosphate products. Food Grade Phosphoric Acid supplied to major beverage and pharmaceutical companies.
4. Speciality and Fine Chemicals: Manufacturing of speciality chemicals, fine chemicals including Gallic Acid derivatives, and custom synthesized chemicals from few kilos to tonne lot quantities.
5. International Trading: Sourcing and importing chemicals from world-renowned manufacturers for catering to domestic market requirements. Division also entered Chemical Indenting business. Covers pharmaceuticals, agrochemicals, dyestuff, resins, paints, cosmetics and others.
6. Contract Manufacturing: Manufacturing services for MNCs (both Indian and foreign) on contract or exclusivity basis. Work undertaken under Secrecy Agreement. Also undertakes R&D projects on contract basis.

Go-to-market motion4 records

Distribution channels4 records

Marketing channels3 records

Core offering

Punjab Chemicals is a diversified Indian chemical manufacturer producing agrochemicals (herbicides, insecticides, fungicides), pharmaceutical APIs and intermediates (Trimethoprim, Etoricoxib, Celecoxib, Albendazole), specialty and fine chemicals, basic industrial chemicals (Oxalic Acid, Diethyl Oxalate), and phosphorus derivatives including Food Grade Phosphoric Acid. The company operates three manufacturing sites across India (Derabassi, Lalru, Pune) with a wholly-owned European marketing subsidiary in Belgium serving customers across 5 continents.

Product overview

Punjab Chemicals and Crop Protection Limited operates as a diversified chemical manufacturer with multiple business units producing agrochemicals (Herbicides, Insecticides, Fungicides), pharmaceutical APIs (Trimethoprim, Etoricoxib, Celecoxib, Albendazole, Drotaverine), pharmaceutical intermediates, fine and specialty chemicals, basic chemicals (Oxalic Acid, Diethyl Oxalate), and phosphorus derivatives (Phosphoric Acid, phosphates). The company operates manufacturing facilities at Derabassi (Agro and Basic Chemicals), Lalru (Speciality and Pharmaceutical chemicals), and Pune (Industrial Chemicals), with an overseas subsidiary SD Ag Chem (Europe), N.V. in Belgium for marketing operations. The portfolio spans crop protection, pharmaceuticals, and industrial chemical applications, with contract manufacturing services offered for multinational companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Agrochemicals Crop protection products including Herbicides, Insecticides, and Fungicides, as well as Agrotechnicals and Agroformulations for agricultural applications. Produced at the Derabassi manufacturing facility.
• Pharma APIs Active Pharmaceutical Ingredients including Trimethoprim IP/BP/USP/EP, Etoricoxib, Celecoxib, Albendazole USP/BP/IP, and Drotaverine HCL. Manufactured at the Lalru facility with EU GMP and GMP certifications. Pioneer in import substitute intermediates for semi-synthetic Penicillin.
• Pharma Intermediates Pharmaceutical intermediates including 3,4,5 Trimethoxy Benzoic Acid, 3,4,5 Trimethoxy Benzaldehyde, and advanced intermediates for API production. Division was established as a pioneer in import substitute intermediates for semi-synthetic Penicillin.
• Fine Chemicals and Speciality Chemicals Specialty chemicals including 2,6 Dimethoxy Phenol, 4-Hydroxy-3,5-Dimethoxy Benzoic Acid, Methyl Benzoyl Formate (MPGO), and various chlorinated nicotinic acid derivatives. Also includes Gallic Acid derivatives and custom synthesized chemicals from few kilos to tonne lot quantities.
• Basic Chemicals and Industrial Chemicals Basic chemicals including Oxalic Acid, Diethyl Oxalate, Sodium Nitrite, and oxalate compounds (Ammonium Oxalate, Ferric Oxalate, Potassium Tetra Oxalate, Sodium Oxalate).
• Phosphorus Derivatives and Phosphates Phosphorus-based chemicals including Phosphoric Acid (including Food Grade via thermal process), Phosphorous Acid, Polyphosphoric Acid, Phosphorous Pentoxide, Phosphorous Trichloride, Phosphorous Oxychloride, and various phosphate salts. Food Grade Phosphoric Acid supplied to major beverage and pharmaceutical companies.
• International Trading - Imports Import and trading of chemicals from global manufacturers for domestic market distribution, covering pharmaceuticals, agrochemicals, dyestuff, resins, paints, cosmetics, and other chemical sectors. Also entered Chemical Indenting business.
• Contract Manufacturing Custom manufacturing services for technical products, APIs, pharma intermediates, and specialty chemicals for Indian and foreign MNCs on contract or exclusivity basis. Work undertaken under Secrecy Agreement. Also undertakes R&D projects on contract basis.

Quantifiable outcome

• 64% PAT growth to ₹64 crore in FY26
• +3 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• SD Ag Chem (Europe), N.V., BelgiumcoreGTM or Marketing PartnerOverseas subsidiary and marketing company providing immediate supply of company products from doorstep of Europe. Possesses various marketing registrations enabling direct European market access.

Scale indicators10 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Atul Limited: Indian diversified chemical manufacturer with products spanning intermediates, performance chemicals, bulk chemicals, and crop protection. Directly comparable on multi-product chemistry platform spanning agro, pharma and industrial end markets with similar India manufacturing heritage.
• SRF Limited: Indian diversified chemicals manufacturer producing fluorochemicals, specialty chemicals, technical textiles, and packaging films. Comparable on specialty chemicals manufacturing depth, multi-product India manufacturing footprint, and global B2B customer exposure, though broader in portfolio.
• UPL Limited: India-headquartered global agrochemical major offering crop protection chemicals, seeds and post-harvest solutions across more than 130 countries. Comparable on crop protection focus and India manufacturing base, though materially larger and broader than Punjab Chemicals' narrower agrochemical, pharma and specialty portfolio.
• Coromandel International: Indian Murugappa-group company producing fertilizers, crop protection chemicals, and specialty nutrients. Comparable on India-headquartered ag-input manufacturer profile, though more skewed toward fertilizers and primary crop nutrients than Punjab Chemicals' specialty chemistry focus.

Emerging players

• Navin Fluorine International: Indian specialty fluorine chemicals manufacturer producing refrigerants, pharma fluorinated intermediates, and specialty fluorochemicals. Comparable on specialty intermediate chemistry for global pharma customers, with overlap on regulated market certifications, though narrower chemistry scope.

Direct peers

• Hikal Limited: Indian manufacturer of APIs, intermediates, and crop protection chemicals with multi-purpose facilities. Highly comparable diversified chemist base spanning pharma intermediates and agrochemicals, with similar India-located manufacturing and global customer base.
• Rallis India: Tata-group Indian agrochemical manufacturer producing herbicides, insecticides, fungicides and contract-manufactured molecules for global customers. Directly comparable on agrochemical active ingredients portfolio, multi-decade India manufacturing base, and exposure to international agrochemical markets.
• PI Industries: Indian agrochemical and pharmaceutical contract manufacturer serving global innovators with proprietary and custom synthesis. Highly comparable to Punjab Chemicals on agrochemical manufacturing depth, MNC contract manufacturing under secrecy, and India-based cost-advantaged chemistry platform.
• Aarti Industries: Indian specialty and intermediate chemicals manufacturer producing intermediates for agrochemical, pharmaceutical, dyes and polymer customers. Comparable on multi-product intermediate chemistry, India manufacturing scale, and global B2B customer base across regulated industries.
• Dhanuka Agritech: Indian agrochemical company specializing in crop protection formulations and technicals. Comparable on crop protection focus, India manufacturing, distribution-heavy GTM, and exposure to Indian and international agrochemical end markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

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 Punjab Chemicals And Crop Prot