Sharda Cropchem Ltd.
Snapshot View

351.05 +1.55 ▲0.4%

30 July 2021, 10:14:00 A.M.
Volume: 14,608

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Chemicals Compare with Industry peers
Website http://www.shardacropchem.com
Financial Indicators
Market Cap 3,153.21 Cr.
Earnings per share (EPS) 26.53 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 13.18 Trailing Twelve Months Ending 2021-06
Industry PE 48.49 Trailing Twelve Months Ending 2021-06
Book Value / Share 183.15 Trailing Twelve Months Ending 2021-06
Price to Book Value 1.91 Calculated using Price: 349.50
Dividend Yield 1.43 Period Ending 2021-03
No. of Shares Subscribed 9.02 Cr. 90,220,495 Shares
FaceValue 10
Company Profile

Sharda Cropchem was incorporated as Sharda Worldwide Exports on March 12, 2004, in Mumbai, as a private limited company under the Companies Act, 1956. Initially the company began its operations through two sole proprietary firms, each set up by Ramprakash V. Bubna and Sharda R. Bubna. After incorporation as Sharda Worldwide Exports in 2004, the generic agrochemical business and non-agrochemical business conducted by both firms were transferred to the company. The company was converted into a public limited company and changed its name to Sharda Cropchem on September 18, 2013.

Sharda Cropchem is a crop protection chemical company engaged in the marketing and distribution of a wide range of formulations and generic active ingredients globally. It is also involved in order based procurement and supply of Belts, general chemicals, dyes and dye intermediates. It procures these non-agrochemical products, primarily, from the manufacturers in China or India and supplies them in over 35 countries across Australia, Asia, Europe, North America and Latin America. The company has recently entered into the biocide segment and has acquired several registrations from the existing registration holders, primarily, in Europe.

As of August 5, 2014, the company had over 180 Good Laboratory Practices (GLP) certified dossiers and as of July 15, 2014, it owned over 1,040 registrations for formulations and over 155 registrations for generic active ingredients across Europe, NAFTA, Latin America and Rest of the World.

The company’s library of dossiers gives it a competitive edge and facilitates in seeking registrations in different countries in a time efficient manner. This also fosters its ability to operate in and distribute diversified range of formulations and generic active ingredients globally including highly regulated markets, which would not be permitted without such registrations. As of August 5, 2014, it has filed over 500 applications for seeking registrations globally which are pending at different stages.

Milestones:

In November 2011, the company acquired 76% stake in Axis Crop Science, which is a company focused on marketing and distribution of formulations in India.

2013
• The Company changed its name from Sharda Worldwide Exports Private Limited to Sharda Cropchem Private Limited and thereafter to Sharda Cropchem Limited, upon conversion to a public limited company
2014

• The Company gets listed on BSE India under the List 'B' Group Securities.
• The Board has adopted the Whistle Blower Policy.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.44%
1 Week
+1.86%
1 Month
+1.65%
3 Month
+16.84%
6 Month
+23.54%
1 Year
+15.10%
2 Year
+29.04%
5 Year
-8.96%
9 years 2012-03 2013-03 2014-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 19.11 19.55 21.74 21.57 18.22 14.58 12.26 15.19
Return on Capital Employed (%) 23.90 25.89 29.48 31.81 26.71 19.72 14.95 21.11
Return on Assets (%) 12.12 11.76 13.00 11.17 8.65 7.00 6.33 7.70

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 466 556 655 805 960 1,135 1,284 1,403 1,614
Non Curr. Liab. 9 10 149 181 256 317 404 435 507
Curr. Liab. 320 348 370 542 663 1,078 822 856 1,140
Minority Int. 0 0 0 0 0 0 0 0
Equity & Liab. 794 914 1,174 1,529 1,879 2,530 2,510 2,695 3,261
Non Curr. Assets 179 231 410 513 670 891 962 1,014 1,161
Curr. Assets 616 683 764 1,015 1,209 1,639 1,548 1,681 2,100
Misc. Exp. not W/O
Total Assets 794 914 1,174 1,529 1,879 2,530 2,510 2,695 3,261

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 776 790 1,061 1,222 1,399 1,707 1,998 2,003 2,396
Other Income 15 33 29 25 16 17 21 43 46
Total Income 791 823 1,090 1,248 1,415 1,723 2,018 2,046 2,442
Total Expenditure -637 -631 -882 -943 -1,078 -1,351 -1,664 -1,708 -1,945
PBIDT 154 192 208 305 337 372 355 338 496
Interest 0 -8 -9 -8 -9 -15 -20 -16 -16
Depreciation -37 -29 -23 -35 -56 -70 -99 -137 -170
Taxation -33 -44 -52 -86 -81 -96 -59 -20 -80
Exceptional Items
PAT 84 111 123 175 190 191 176 165 229

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 84 156 46 197 181 17 556 146 246
Cash Fr. Inv. -113 -151 -22 -120 -104 -163 -360 -68 -282
Cash Fr. Finan. 32 -22 -24 -89 -38 132 -215 -60 43
Net Change 3 -16 0 -13 40 -14 -19 19 8
Cash & Cash Eqvt 32 22 25 32 72 61 51 78 86

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.78 74.78 74.78 74.79 74.82 74.82 74.82 74.82 74.82
Public 25.22 25.22 25.22 25.21 25.18 25.18 25.18 25.18 25.18
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 29 Jul 2021
Shareholder Meeting / Postal Ballot-Outcome of AGM
We are pleased to inform you that the 18th Annual General Meeting of the Members of the Company was held on Thursday July 29 2021 at 12:00 Noon through Video Conferencing / Other Audio Video Means.

Enclosed herewith please find the proceedings of the AGM pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Kindly take the same on record.
Wed, 28 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
The Un-audited Financial Results (Standalone & Consolidated) for the Quarter ended June 30 2021 have been approved and taken on record by the Board of Directors in their meeting held on 27th July 2021.

The same was published in the following newspapers on 28th July 2021: -

1) The Economic Times Mumbai Edition in English Newspaper;
2) Maharashtra Times Mumbai Edition in Marathi Newspaper.

Please find enclosed the newspaper advertisement for your record.
Tue, 27 Jul 2021
Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations) we are enclosing herewith the presentation made to the Investors/Analysts Call on the Financial Results of the Company for the Quarter ended June 30 2021.

The presentation is also being uploaded on the website of the Company www.shardacropchem.com in accordance with Regulation 46 of the Listing Regulations.

Technical Scans View Details

Thu, 29 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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