Sharda Cropchem Ltd. · NSE:SHARDACROP
Sharda Cropchem — Q2 FY26 Earnings Presentation
35 slides from Sharda Cropchem's earnings presentation, Oct 30, 2025
Slide 1: Stock exchange filing cover letter
30th October, 2025 To, National Stock Exchange of India BSE Limited Limited Phiroze Jeejeebhoi Tower, Exchange Plaza, 5th Floor, Plot No. Dalal Street, C/1, Mumbai – 400 001 G-Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Trading Symbol: SHARDACROP Scrip Code: 538666 Subject: Investors /
Slide 2: Investor Presentation October 2025
Investor Presentation October 2025 GROWING STRONGER, GOING FURTHER.
Slide 3: Safe Harbor
SAFE HARBOR This presentation has been prepared by and is the sole responsibility of Sharda Cropchem Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or in
Slide 4: About Sharda Cropchem Limited
About Sharda Cropchem Limited
Slide 5: Fast-growing global agrochemicals company
“We are a fast-growing global agrochemicals company with a peer position in the generic crop protection chemicals industry. Our vast and growing library of dossiers and IPRs provide us solid foundations for growth in the global marketplace, especially in Advanced Markets such as Europe, North Americ
Slide 6: Agrochemical Focused Company
AGROCHEMICAL FOCUSED COMPANY Sharda Cropchem is an Intellectual Property (IP) driven company engaged in marketing and distribution of wide range of formulations and generic active ingredients Asset Light Business Model : Efficiently channelizing time and resources for strengthening core competency o
Slide 7: Asset Light Business Model
ASSET LIGHT BUSINESS MODEL Overall Agrochemical Value Chain Sharda’s Operating Area √ √ √ √ Basic & Applied Active Ingredient Formulation & Marketing & Identification Registration Research Manufacturing Packaging Distribution Highly flexible operating model Manufacturing of AIs and Focus on identifi
Slide 8: Increasing Global Presence with Widespread Distribution
INCREASING GLOBAL PRESENCE WITH WIDESPREAD DISTRIBUTION Presence Distributors CAPEX incurred in Global Resource H1 FY26 80+ countries Deployment 525+ Rs. 250 Cr. across Europe, NAFTA, LATAM & RoW 500+ Over the years, the Company has built a strong brand franchise within our global markets; we are be
Slide 9: The Sharda Advantage
The Sharda Advantage Healthy Global Reach Wide Product Relationships with Range Suppliers One Stop Solution Quality with Faster Sales Provider for Crop Affordability Service Care Products
Slide 10: Way Forward
WAY FORWARD 1 2 Forward Integration - Build Sales Force Expand & Strengthen Distribution Presence ✓ Leverage market presence and execution capabilities ✓ Adopt the factory to farmer approach and be a one stop ✓ Expand geographical reach using existing library of dossiers solution provider ✓ Two-fold
Slide 11: Industry Outlook & Growth Drivers
INDUSTRY OUTLOOK & GROWTH DRIVERS Global crop protection INDUSTRY DRIVERS (In Billion USD) – CAGR of 3.96% A Growing Population: Global population is projected to rise from 7.6 Bn in 2025 141.7 to 8.6 Bn by 2030 and 9.8 Bn by 2050 placing unprecedented pressure on global +3.96% food and protein syst
Slide 12: Experienced Management
Experienced Management Mr. Ramprakash V. Bubna Mr. Ashish Bubna Mr. Manish Bubna Chairman & Managing Director Whole Time Director Whole Time Director ✓ Holds a Bachelor’s Degree of Technology in Chemical ✓ Holds a Bachelor’s Degree in Commerce from the ✓ Holds a Bachelor’s Degree in Chemical Enginee
Slide 13: Q2 FY26 Financial Highlights
Q2 FY26 Financial Highlights
Slide 14: Q2 FY26: Segment Wise Highlights
Q2 FY26: SEGMENT WISE HIGHLIGHTS Cr. Agrochemical Segment Non-Agrochemical Segment TOTAL REVENUES 82% 86% 18% 14% 100% 100% +20% +27% -11% 929 803 143 126 777 634 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 % of Revenue GROWING STRONGER, GOING FURTHER. On Consolidated Basis 13
Slide 15: Q2 FY26: Product Wise Highlights (Agrochemical)
Q2 FY26: PRODUCT WISE HIGHLIGHTS (Agrochemical Segment) Cr. Herbicides Insecticides Fungicides TOTAL REVENUES (Agrochemical Segment) 57% 54% 21% 27% 22% 19% 100% 100% +20% +7% +27% 433 +65% 150 803 141 361 219 634 133 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 GROWING STRONGER,
Slide 16: Q2 FY26: Region Wise Breakup (Agrochemical)
Q2 FY26: REGION WISE BREAKUP (Agrochemical Segment) Cr. Europe NAFTA Region TOTAL REVENUES (Agrochemical Segment) 64% 58% 20% 27% +15% +69% +27% 463 214 803 404 126 634 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 LATAM Region RoW 9% 9% 7% 6% +21% +21% 71 55 58 46 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26
Slide 17: Q2 FY26: Region Wise Breakup (Non-Agrochemical)
Q2 FY26: REGION WISE BREAKUP (Non - Agrochemical Segment) Cr. Europe NAFTA Region TOTAL REVENUES (Non - Agrochemical Segment) 17% 20% 65% 62% +4% -15% -11% 24 25 92 143 78 126 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 LATAM Region RoW 5% 9% 13% 9% +53% -37% 11 19 7 12 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q
Slide 18: Q2 FY26: Financial Highlights
Q2 FY26 : FINANCIAL HIGHLIGHTS Cr. Revenues & GP Margin EBITDA Profit After Tax 27.6% 34.5% +71% +75% +20% 139 74 929 777 81 42 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 ✓ Gross Margins have improved 690 basis points to 34.5%. These margins are ✓ Revenue in Q2 FY26 increased by 20% primarily d
Slide 19: H1 FY26 Financial Highlights
H1 FY26 Financial Highlights
Slide 20: H1 FY26: Segment Wise Highlights
H1 FY26: SEGMENT WISE HIGHLIGHTS Cr. Agrochemical Segment Non-Agrochemical Segment TOTAL REVENUES 84% 86% 16% 14% % of Revenue 100% 100% +26% +7% +23% 1,649 265 1,914 249 1,313 1,562 H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 GROWING STRONGER, GOING FURTHER. On Consolidated Basis 19
Slide 21: H1 FY26: Product Wise Highlights (Agrochemical)
H1 FY26: PRODUCT WISE HIGHLIGHTS (Agrochemical Segment) Cr. Herbicides Insecticides Fungicides TOTAL REVENUES (Agrochemical Segment) 52% 52% 22% 26% 27% 23% % of Revenue 100% 100% +26% +7% +26% 853 +48% 372 1,649 348 424 680 1,313 286 H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 G
Slide 22: H1 FY26: Region Wise Breakup (Agrochemical)
H1 FY26: REGION WISE BREAKUP (Agrochemical Segment) Cr. Europe NAFTA Region TOTAL REVENUES (Agrochemical Segment) 58% 60% 29% 28% +28% +25% +26% 985 469 1,649 768 375 1,313 H1 FY25 H1 FY26 H1 FY25 H1 FY26 LATAM Region RoW 7% 7% 6% 5% +20% +6% 118 72 76 98 H1 FY25 H1 FY26 % of Revenue H1 FY25 H1 FY26
Slide 23: H1 FY26: Region Wise Breakup (Non-Agrochemical)
H1 FY26: REGION WISE BREAKUP (Non - Agrochemical Segment) Cr. Europe NAFTA Region TOTAL REVENUES (Non - Agrochemical Segment) 16% 18% 64% 64% +16% +7% +7% 47 160 171 265 40 249 H1 FY25 H1 FY26 H1 FY25 H1 FY26 LATAM Region RoW 8% 9% 12% 9% +20% -15% 23 29 19 24 H1 FY25 H1 FY26 % of Revenue H1 FY25 H1
Slide 24: H1 FY26: Financial Highlights
H1 FY26 : FINANCIAL HIGHLIGHTS Cr. Revenues & GP Margin EBITDA Profit After Tax 35.0% 28.4% +69% +212% 281 217 +23% 1,914 1,562 167 70 H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 ✓ Gross Margins have increased to 35.0% and it is expected to remain in the ✓ Revenue in H1 FY26 increased by 23% pri
Slide 25: Strong Balance Sheet
STRONG BALANCE SHEET Working Capital (in Days) Total Equity 118 days 84 days 146 Reduced Working Rs. 2,676 crores* Capital by 34 days 111 Rs. 2,501 crores as on Mar’25 93 88 96 83 Mar-25 Sep-25 Cash, Bank & Liquid Inventory Days Recievable Days Creditor Days Investments RoCE* RoE* Rs. 794 crores* 21
Slide 26: Annexure
Annexure
Slide 27: Q2 & H1 FY26 Financial Highlights
Q2 & H1 FY26 FINANCIAL HIGHLIGHTS Cr. Particulars Q2 FY26 Q2 FY25 Y-o-Y H1 FY26 H1 FY25 Y-o-Y Revenue from Operations 929.1 776.9 20% 1,913.9 1,562.0 23% COGS 608.4 562.2 1,244.0 1,118.4 Gross Profit 320.7 214.7 49% 669.9 443.6 51% Gross Margin % 34.5% 27.6% 35.0% 28.4% Employee Expenses 12.3 10.4 2
Slide 28: Balance Sheet
BALANCE SHEET Cr. EQUITY & LIABILITIES Sep-25 Mar-25 ASSETS Sep-25 Mar-25 Equity Non-current assets Equity share capital 90.2 90.2 Property, plant and equipment 2.9 3.0 Other equity 2,585.2 2,410.3 Right to use assets 3.6 7.2 Equity attributable to equity holders of the Company 2,675.5 2,500.6 Non-c
Slide 29: Cash Flow Statement
CASH FLOW STATEMENT Cr. Particulars H1 FY26 H1 FY25 Profit Before Tax 254.9 76.3 Adjustments 126.5 100.6 Operating profit before working capital changes 381.4 176.9 Changes in working capital 229.0 321.6 Cash generated from operations 610.3 498.5 Direct taxes paid (net of refund) (5.2) (40.8) Net Ca
Slide 30: Key Financial Performance Indices
KEY FINANCIAL PERFORMANCE INDICES Cr. Revenue EBITDA & EBITDA Margin* Profit After Tax & PAT Margin 19.0% 20.4% 17.6% 10.1% 15.8% 9.6% 9.8% 8.5% 1.0% 7.0% 4,045 4,320 3,580 3,163 729 713 682 349 342 304 2,396 455 229 318 32 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 R
Slide 31: Historical Profit & Loss
HISTORICAL PROFIT & LOSS Cr. Particulars FY25 FY24 FY23 FY22 FY21 Revenue from Operations 4,319.9 3,163.0 4,045.2 3,579.8 2,395.6 COGS 3,028.1 2,342.4 2,860.8 2,499.8 1,636.0 Gross Profit 1,291.8 820.6 1,184.4 1,080.0 759.7 Gross Margin % 29.9% 25.9% 29.3% 30.2% 31.7% Employee Expenses 52.0 42.4 44.
Slide 32: Balance Sheet – Equity & Liabilities
BALANCE SHEET – EQUITY & LIABILITIES Cr. Equities & Liabilities FY25 FY24 FY23 FY22 FY21 Shareholder's Funds Equity and Share Capital 90.2 90.2 90.2 90.2 90.2 Other Equity 2,410.4 2,146.9 2,141.8 1,822.2 1,524.1 Non-controlling Interest 0.4 0.4 0.4 0.3 0.3 Total Equity 2,501.0 2,237.5 2,232.4 1,912.
Slide 33: Balance Sheet – Assets
BALANCE SHEET – ASSETS Cr. ASSETS FY25 FY24 FY23 FY22 FY21 Assets Non-Current Assets Property, Plant and Equipment 3.0 3.8 5.0 14.4 20.9 Right to Use Assets 7.2 14.4 0.0 - - Goodwill 0.0 0.0 0.0 0.0 0.4 Other Intangible assets 740.2 690.0 663.0 577.4 523.1 Intangible assets under development 291.4 2
Slide 34: CSR Activities
CSR ACTIVITIES CSR initiatives taken up by the Company are in the areas of Promoting Education, Healthcare, Eradicating Hunger, Empowerment of Women, Animal Welfare, Promotion of Sports and Rural Development Projects Promoting Education Animal Welfare Medical Aid & Relief GROWING STRONGER, GOING FUR
Slide 35: Thank You
GROWING STRONGER, GOING FURTHER. THANK YOU Company: Sharda Cropchem Limited Investor Relation Advisors: Strategic Growth Advisors Pvt. Ltd. CIN: L51909MH2004PLC145007 CIN: U74140MH2010PTC204285 Mr. Shailesh Mehendale – CFO Mr. Deven Dhruva / Ms. Jinal Shah cfo@shardaintl.com / finance@shardaintl.com