Sharda Cropchem Limited has informed the Exchange about Investor Presentation
25th July, 2025
To,
National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G-Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
BSE Limited Phiroze Jeejeebhoi Tower, Dalal Street, Mumbai – 400 001
Trading Symbol: SHARDACROP
Scrip Code: 538666
Subject: Investors / Analyst’s Presentation for the Quarter ended 30th June, 2025
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we are enclosing herewith the presentation to be made to the Investors/Analysts on the Unaudited Financial Results of the Company for the quarter ended 30th June, 2025.
The presentation is also being uploaded on the website of the Company www.shardacropchem.com the Listing Regulations.
in accordance with Regulation 46 of
We request you to take the same on record.
Yours Sincerely,
__________________ Jetkin Gudhka Company Secretary & Compliance Officer
Encl.: As above
GROWING STRONGER, GOING FURTHER.
Investor Presentation July 2025
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 inducement to sell or issue, or any solicitation of any offer or recommendation to purchase or subscribe for, any securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment thereof. In particular, this presentation is not intended to be a prospectus or offer document under the applicable laws of any jurisdiction, including India. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. There is no obligation to update, modify or amend this communication or to otherwise notify the recipient if the information, opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.
Certain statements contained in this presentation that are not statements of historical fact constitute “forward-looking statements.” You can generally identify forward looking statements by terminology such as “aim”, “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “objective”, “goal”, “plan”, “potential”, “project”, “pursue”, “shall”, “should”, “will”, “would”, or other words or phrases of similar import. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or other projections. Important factors that could cause actual results, performance or achievements to differ materially include, among others: (a) our ability to successfully implement our strategy, (b) our growth and expansion plans, (c) changes in regulatory norms applicable to the Company, (d) technological changes, (e) investment income, (f) cash flow projections, and (g) other risks.
This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such change or changes.
GROWING STRONGER, GOING FURTHER.
2
About Sharda Cropchem Limited
“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 America and Latin America. It equips us with the ability to operate in a diversified range of formulations and generic active ingredients space globally”
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 of identifying generic molecules and registration opportunities which offer scalable growth with limited capital requirements
Large Pipeline of Registrations* : Procured 2,981 registrations. Additionally, it has filed 1,021 applications for registrations globally pending at different stages
Diversified Sourcing Arrangements : Enduring relationship with multiple manufacturers and formulators enables to source and supply formulations or generic active ingredients at competitive prices
Consistently Increasing Global Presence : With diversified range of product portfolio, Company has grown by expanding business operations in 80+ countries, across Europe, NAFTA, Latin America and ROW
Widespread Distribution Network : Presence in the entire agrochemical value chain with 525 third party distributors and 500+ sales force serving the Company’s esteemed clientele in 80+ countries
*As on 30th June 2025
Company’s apt domain knowledge and experience gives substantial competitive advantage for expanding business in existing markets and new geographies
ASSET LIGHT BUSINESS MODEL
Overall Agrochemical Value Chain
Sharda’s Operating Area
√
√
√
√
Basic & Applied Research
Identification
Registration
Active Ingredient Manufacturing
Formulation & Packaging
Marketing & Distribution
Focus on identification of generic molecules, preparing dossiers, seeking registrations, marketing & distributing formulations through third-party distributors and/or own sales force
Manufacturing of AIs and formulations is outsourced
Acts as a key differentiator from an innovator company, allowing the Company to save its capital, time and resources on R&D
Highly flexible operating model resulting in :
• Overall cost competitiveness • Efficient management of fluctuating market demand across various geographies
• Offering wide range of formulations and AIs
GROWING STRONGER, GOING FURTHER.
6
INCREASING GLOBAL PRESENCE WITH WIDESPREAD DISTRIBUTION
Presence
80+ countries
across Europe, NAFTA, LATAM & RoW
Global Resource Deployment
500+
Distributors
525+
CAPEX incurred in Q1 FY26 Rs. 114 Cr.
Over the years, the Company has built a strong brand franchise within our global markets; we are benefiting through the economies of scale in our portfolio and leveraging value of our supply chain to deliver value to our customers across geographies
In addition to newer markets, the wide global presence has allowed us to find new, specialised sales and local marketing talent.
Successfully adopted a factory-to- farmer approach to become a one- stop solution provider to our global customers
Strengthening and widening the sales force in Europe, USA, Canada, Mexico, Colombia, South Africa, India, and rest of the world, in addition to third party distributors with a goal to enhance its presence in the agrochemical value chain
It enables the Company to penetrate its formulations and generic active ingredients in various countries backed by the third-party distributors and presence of its own sales force
Company has gained a great deal from globalization, including new customers and diverse geocentric revenue streams. Over the years, we have mastered flexibility and adopted innovative ways to grow our business overseas
GROWING STRONGER, GOING FURTHER.
7
The Sharda Advantage
Global Reach
Wide Product Range
Healthy Relationships with Suppliers
Quality with Affordability
Faster Sales Service
One Stop Solution Provider for Crop Care Products
WAY FORWARD
Forward Integration - Build Sales Force
✓ Leverage market presence and execution capabilities
✓ Adopt the factory to farmer approach and be a one stop
solution provider
✓ Strategy on ground in different regions of NAFTA, Europe,
LATAM and other key markets in ROW
1
3
Expand & Strengthen Distribution Presence
✓ Expand geographical reach using existing library of dossiers
✓ Two-fold strategy of further penetrating existing markets and
entering new markets
2
4
Continual Investment in Product Registrations
✓ Continue to identify generic molecules going off patent
✓ Investing in preparing dossiers and seeking registrations in
own name
Focus on Operational Efficiencies
✓ Accelerated focus on revenue generating investments
✓ Margin improvements
✓ Better cost management and eliminate NVAs
GROWING STRONGER, GOING FURTHER.
9
INDUSTRY OUTLOOK & GROWTH DRIVERS
Global crop protection (In Billion USD) – CAGR of 3.96%
INDUSTRY DRIVERS
+3.96%
141.7
96.1
FY24
FY33e
Source : Annual Report (FY25)
A Growing Population: Global population is projected to rise from 7.6 Bn in 2025 to 8.6 Bn by 2030 and 9.8 Bn by 2050 placing unprecedented pressure on global food and protein systems
A growing middle class fuels demand for increased food and protein production, which in turn drives demand for grain to support growth
Fewer arable acres per capita means that products need to continue to maximise farmer yields; arable land is expected to decrease from half an acre per person today to less than one-third of an acre per person by 2050
GROWING STRONGER, GOING FURTHER.
10
Experienced Management
Mr. Ramprakash V. Bubna Chairman & Managing Director
Mr. Ashish Bubna Whole Time Director
Mr. Manish Bubna Whole Time Director
✓ Holds a Bachelor’s Degree of Technology in Chemical
✓ Holds a Bachelor’s Degree in Commerce from the
Engineering from IIT, Bombay
University of Mumbai
✓ Holds a Bachelor’s Degree in Chemical Engineering from the Department of Chemical Technology, Bombay University.
✓ He has over 57 years of experience in chemicals,
✓ Over 34 years of experience in marketing of chemicals,
✓ Over 32 years of experience in chemicals, agrochemicals and
agrochemicals and related businesses
agrochemicals and related businesses.
related businesses
✓ He is responsible for the Company’s overall business
✓ Instrumental in strategizing early investment in product
✓ Spearheaded the Company’s foray into the conveyor belt and
operations and strategy
registrations and building the library of product dossiers.
✓ Responsible for marketing, procurement, registrations and logistics functions of the agrochemical business.
general chemicals business
✓ Also oversees the information technology, logistics and
documentation functions of the Company
Q1 FY26 Financial Highlights
Q1 FY26: SEGMENT WISE HIGHLIGHTS
Agrochemical Segment
Non-Agrochemical Segment
TOTAL REVENUES
Cr.
87%
86%
13%
14%
% of Revenue
100%
100%
+25%
846
+31%
139
679
106
+25%
985
785
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
GROWING STRONGER, GOING FURTHER.
On Consolidated Basis
13
Q1 FY26: PRODUCT WISE HIGHLIGHTS (Agrochemical Segment)
Herbicides
Insecticides
Fungicides
Cr.
TOTAL REVENUES (Agrochemical Segment)
47%
50%
23%
24%
31%
26%
% of Revenue
100%
100%
+32%
420
319
+34%
205
153
+7%
222
207
+25%
846
679
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
GROWING STRONGER, GOING FURTHER.
On Consolidated Basis
14
Q1 FY26: REGION WISE BREAKUP (Agrochemical Segment)
Europe
+43%
62%
523
54%
364
NAFTA Region
36%
249
+3%
30%
256
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
LATAM Region
6%
40
+18%
6%
47
RoW
-20%
4%
26
3%
21
Cr.
TOTAL REVENUES (Agrochemical Segment)
+25%
846
679
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
GROWING STRONGER, GOING FURTHER.
Q1 FY25
Q1 FY26
% of Revenue
On Consolidated Basis
15
Q1 FY26: REGION WISE BREAKUP (Non - Agrochemical Segment)
Europe
+33%
16%
22
15%
16
NAFTA Region
65%
68
+36%
66%
93
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
LATAM Region
11%
12
0%
9%
12
RoW
+29%
9%
12
9%
9
Cr.
TOTAL REVENUES (Non - Agrochemical Segment)
+31%
139
106
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
GROWING STRONGER, GOING FURTHER.
Q1 FY25
Q1 FY26
% of Revenue
On Consolidated Basis
16
Q1 FY26 : FINANCIAL HIGHLIGHTS
Revenues & GP Margin
29.2%
35.5%
+25%
985
785
85
EBITDA
+67%
142
Cr.
Profit After Tax
+424%
143
27
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
✓ Revenue in Q1 FY26 increased by 25% primarily driven by high volume growth of ~13%. We saw volume growth across Europe
✓ Agrochemical volumes grew by 11.4% in Q1 FY26
✓ Non-Agrochemical volumes grew by 58.5% in Q1 FY26
✓ Gross Margins have improved 630 basis points to 35.5%. These margins are expected to remain at these levels in FY26
✓ EBITDA for the quarter grew by 67% to Rs. 142 crores as compared to Rs. 85 crores in Q1 FY25 with EBITDA Margins at 14.4%
✓ PAT for the quarter grew more than 4x to Rs. 143 crores as compared to Rs. 27 crores in Q1 FY25
GROWING STRONGER, GOING FURTHER.
On Consolidated Basis
17
STRONG BALANCE SHEET
Working Capital (in Days)
Total Equity
118 days
146
83
111
100 days
Reduced Working Capital by 18 days
107
87
79
Mar-25
Jun-25
Inventory Days
Recievable Days
Creditor Days
RoCE*
16.0%
RoE*
12.8%
Rs. 2,649 crores (as on 30th June, 2025)
Rs. 2,501 crores as on Mar’25
Cash, Bank & Liquid Investments
Rs. 791 crores (as on 30th June, 2025)
Rs. 558 crores as on Mar’25
* ROCE = EBIT / Average Capital Employed ; RoE = PAT / Average Equity * As on 31st March 2025
GROWING STRONGER, GOING FURTHER.
On Consolidated Basis
18
Annexure
Q1 FY26 FINANCIAL HIGHLIGHTS
Particulars
Revenue from Operations
COGS
Gross Profit
Gross Margin %
Employee Expenses
Other Expenses
EBITDA
EBITDA Margin %
Forex (Gain)/Loss
Depreciation
Other Income
EBIT
EBIT Margin %
Finance Cost
PBT
Tax Expense
PAT
PAT Margin %
Earnings Per Share (EPS) In Rs.
Q1 FY26
Q1 FY25
984.8
635.6
349.2
35.5%
14.9
192.1
142.2
14.4%
-73.1
78.1
32.5
169.7
17.2%
0.6
169.1
26.3
142.8
14.5%
15.83
785.1
556.2
228.9
29.2%
11.2
132.4
85.4
10.9%
8.3
64.8
19.3
31.5
4.0%
0.8
30.8
3.5
27.3
3.5%
3.02
Cr.
Y-o-Y
25%
53%
67%
438%
449%
424%
GROWING STRONGER, GOING FURTHER.
On Consolidated Basis
20
KEY FINANCIAL PERFORMANCE INDICES
Revenue
EBITDA & EBITDA Margin*
Profit After Tax & PAT Margin
Cr.
19.0%
20.4%
17.6%
10.1%
15.8%
9.6%
9.8%
8.5%
1.0%
7.0%
3,580
4,045
3,163
4,320
2,396
729
713
682
349
342
455
318
229
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
304
FY25
32
FY24
RoCE
RoE
Cash, Bank & Liquid Investments^
25.7%
20.2%
20.8%
19.8%
16.5%
15.2%
16.0%
3.4%
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
* EBITDA is excluding IA & IAUD write-off
^ Total Cash & Cash Equivalents (Includes FDs of Rs. 128 crores clubbed in Non Current Other Financial Assets)
GROWING STRONGER, GOING FURTHER.
12.8%
276
262
325
375
558
1.4%
FY24
FY25
FY21
FY22
FY23
FY24
FY25
On Consolidated Basis
21
HISTORICAL PROFIT & LOSS
Particulars
Revenue from Operations
COGS
Gross Profit
Gross Margin %
Employee Expenses
Other Expenses
EBITDA*
EBITDA Margin %
Forex (Gain)/Loss
Depreciation
Other Income
EBIT
EBIT Margin %
Finance Cost
PBT
Tax Expense
PAT
PAT Margin %
Earnings Per Share (EPS) In Rs.
* EBITDA is excluding IA & IAUD write-off
FY25
4,319.9
3,028.1
1,291.8
29.9%
52.0
626.3
681.6
15.8%
17.9
274.7
59.5
380.4
8.8%
2.1
378.3
73.9
304.4
7.0%
33.74
FY24
3,163.0
2,342.4
820.6
25.9%
42.4
494.9
318.1
10.1%
0.4
267.1
59.8
75.5
2.4%
3.6
71.9
40.0
31.9
1.0%
3.53
FY23
4,045.2
2,860.8
1,184.4
29.3%
44.8
438.9
712.6
17.6%
57.6
248.1
40.3
435.3
10.8%
4.5
430.7
88.8
342.0
8.5%
37.90
FY22
3,579.8
2,499.8
1,080.0
30.2%
44.2
336.4
728.6
20.4%
16.5
245.3
28.9
466.5
13.0%
2.2
464.2
115.0
349.3
9.8%
38.71
Cr.
FY21
2,395.6
1,636.0
759.7
31.7%
37.3
305.5
455.2
19.0%
-19.9
170.4
45.9
312.2
13.0%
2.8
309.5
80.2
229.2
9.6%
25.40
GROWING STRONGER, GOING FURTHER.
On Consolidated Basis
22
BALANCE SHEET – EQUITY & LIABILITIES
Equities & Liabilities Shareholder's Funds Equity and Share Capital Other Equity Non-controlling Interest Total Equity
Non-Current Liabilities Borrowings Trade Payables Lease Liabilities Other Financial Liabilities Provisions Deferred Tax Liabilities (net) Total Non-Current Liabilities
Current Liabilities Borrowings Lease Liabilities Trade Payables Other Financial Liabilities Other Current Liabilities Current Tax Liabilities Provisions Total Current Liabilities Total Equity & Liabilities
FY25
90.2 2,410.4 0.4 2,501.0
- - - 63.0 1.3 173.8 238.1
- 7.8 1,310.2 501.3 104.7 4.2 57.6 1,985.7 4,724.9
FY24
90.2 2,146.9 0.4 2,237.5
- - 7.8 58.4 1.4 152.8 220.3
3.4 7.2 921.2 502.5 69.0 1.5 76.0 1,580.5 4,038.3
FY23
90.2 2,141.8 0.4 2,232.4
- - - 1.7 2.7 143.4 147.9
3.0 0.0 1,377.6 431.4 78.1 61.4 19.1 1,970.6 4,350.8
FY22
90.2 1,822.2 0.3 1,912.8
- 2.4 3.5 1.6 2.3 128.9 138.6
38.0 5.1 1,177.6 324.8 55.4 4.2 86.7 1,691.8 3,743.1
Cr.
FY21
90.2 1,524.1 0.3 1,614.6
- 2.4 8.4 3.2 3.0 92.9 109.9
67.8 4.5 806.8 149.1 58.0 3.2 50.0 1,139.4 2,863.9
GROWING STRONGER, GOING FURTHER.
On Consolidated Basis
23
BALANCE SHEET – ASSETS
ASSETS Assets Non-Current Assets Property, Plant and Equipment Right to Use Assets Goodwill Other Intangible assets Intangible assets under development Deferred Tax Assets (net) Non-Current Tax Assets Other financial assets Other Non Current Assets Total Non-Current Assets
Current Assets Inventories Investments Trade Receivables Cash & Cash equivalents Other Bank balances Loans Other Financial Assets Other Current Assets Total Current Assets Total Assets
FY25
FY24
FY23
FY22
3.0 7.2 0.0 740.2 291.4 11.6 63.4 5.4 16.4 1,138.5
971.9 294.3 1,955.4 127.2 93.1 0.0 47.5 96.8 3,586.4 4,724.9
3.8 14.4 0.0 690.0 282.9 10.3 72.1 5.3 21.7 1,100.4
991.6 158.9 1,498.0 87.3 0.6 0.0 128.1 73.4 2,937.9 4,038.3
5.0 0.0 0.0 663.0 203.9 7.9 72.3 120.7 19.9 1,092.7
1,134.3 31.9 1,833.3 176.4 0.2 0.0 5.5 76.5 3,258.2 4,350.8
14.4 - 0.0 577.4 212.2 4.9 71.6 11.2 0.0 891.7
892.8 134.4 1,540.0 56.7 109.3 0.5 48.9 68.9 2,851.5 3,743.1
Cr.
FY21
20.9 - 0.4 523.1 131.0 6.0 73.6 9.4 0.0 764.5
525.5 83.0 1,162.6 85.6 175.0 - 28.1 39.6 2,099.3 2,863.9
GROWING STRONGER, GOING FURTHER.
On Consolidated Basis
24
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 FURTHER.
25
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 cfo@shardaintl.com / finance@shardaintl.com Tel: +91 22 6678 2800
Mr. Deven Dhruva / Ms. Jinal Shah deven.dhruva@sgapl.net / jinal.shah@sgapl.net Tel: +91 98333 73300 / +91 97692 69759