Punjab Chemicals Inks Export MOUs, Plans Rs 60 Crore Expansion Amid Strong Q1 Performance
Punjab Chemicals & Crop Protection (PCCPL) has signed three exclusive MOUs with overseas customers for high-value agrochemical products, targeting Japanese and European markets. The company plans to invest Rs 60 crore to construct two new manufacturing blocks at its existing site. PCCPL reported robust Q1 FY2026 results with revenue from operations increasing by 31.80% YoY to Rs 31859.00 lakhs and profit for the period rising by 48.70% to Rs 2008.00 lakhs. The company expects sales from the new initiatives to reach Rs 120-150 crore over the next 2-3 years.

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Punjab Chemicals & Crop Protection (PCCPL) has announced a series of strategic initiatives aimed at bolstering its export business and expanding its manufacturing capabilities. The company has also reported robust financial results for the first quarter of the fiscal year.
Strategic Export MOUs and Expansion Plans
PCCPL has signed three exclusive Memorandums of Understanding (MOUs) with overseas customers for high-value agrochemical products and intermediates. The company plans to commercialize these products over the next 12-18 months, targeting the Japanese and European markets.
To support this initiative, PCCPL will invest approximately Rs 60 crore at its existing site to construct two new manufacturing blocks. This expansion is designed to meet the increased demand for existing products and accommodate the new product pipeline. The company already has the necessary environmental approvals in place for this expansion.
Shalil Shroff, Managing Director of PCCPL, commented on the development, stating, "We are happy to see success of our product development, R&D and market access efforts. Our commitment to quality, IP and delivery is attracting lot of new customers and I believe this is just beginning of new exciting phase in our journey towards growth and excellence."
The company expects sales from this segment to reach Rs 120-150 crore over the next two to three years. Additionally, PCCPL is actively searching for a new site to support its growing operations and product pipeline.
Strong Q1 Financial Performance
PCCPL's financial results for the first quarter reflect a significant improvement in the company's performance:
Particulars (Rs. in Lakhs) | Q1 FY2026 | Q1 FY2025 | YoY Growth |
---|---|---|---|
Revenue from Operations | 31859.00 | 24179.00 | 31.80% |
Total Income | 32195.00 | 24208.00 | 33.00% |
Profit Before Tax | 2706.00 | 1819.00 | 48.80% |
Profit for the Period | 2008.00 | 1350.00 | 48.70% |
EPS (Basic & Diluted) | 16.38 | 11.01 | 48.80% |
The company's revenue from operations increased by 31.80% year-over-year to Rs 31859.00 lakhs in Q1 FY2026. The profit for the period saw a substantial rise of 48.70%, reaching Rs 2008.00 lakhs compared to Rs 1350.00 lakhs in the same quarter of the previous year.
Consolidated Performance
On a consolidated basis, which includes the results of its wholly-owned subsidiary SD Agchem (Europe) N.V., PCCPL reported:
- Revenue from operations of Rs 31951.00 lakhs
- Total income of Rs 32322.00 lakhs
- Profit for the period of Rs 2063.00 lakhs
- Earnings per share (EPS) of Rs 16.83
The company's strong performance in both standalone and consolidated results underscores the effectiveness of its strategic initiatives and market positioning.
Punjab Chemicals & Crop Protection Limited, founded in 1975, has established itself as a leading manufacturer of agrochemicals, specialty chemicals, and industrial chemicals. With multiple state-of-the-art manufacturing facilities across India and a focus on Contract Research and Manufacturing Services (CRAMS), PCCPL is well-positioned to capitalize on the growing demand in the agrochemical and specialty chemical sectors.
As PCCPL moves forward with its expansion plans and new product commercialization, the company appears poised for continued growth in the coming years.
Historical Stock Returns for Punjab Chemicals & Crop Protection
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+2.15% | +14.41% | +3.77% | +60.78% | +3.28% | +105.48% |