Sharda Cropchem , a prominent player in the agrochemical sector, has announced upward revisions to its financial projections for the fiscal year 2026 (FY26), indicating an improved business outlook and expectations of enhanced operational efficiency.

Margin Guidance Boost

The company has raised its FY26 margin guidance to a range of 18-20%, up from the previous projection of 15-18%. This upward adjustment suggests that Sharda Cropchem anticipates stronger profitability in the coming years.

Revenue Growth Forecast

In addition to the margin improvement, Sharda Cropchem has also increased its revenue growth forecast. The company now expects a 20% growth in revenue, a notable increase from the earlier projection of 15%.

Financial Projections Overview

To better illustrate the changes in Sharda Cropchem's financial projections, here's a comparison of the previous and revised guidance:

Implications for the Company

The upward revision in both margin and revenue growth forecasts is a positive indicator for Sharda Cropchem. These adjustments suggest that the company:

1. Anticipates improved operational efficiency
2. Expects stronger market demand for its products
3. May have implemented successful cost management strategies
4. Foresees a favorable business environment in the agrochemical sector

While these revised projections paint an optimistic picture for Sharda Cropchem's future performance, it's important to note that these are forward-looking statements. Actual results may vary based on various factors including market conditions, regulatory environment, and global economic trends affecting the agrochemical industry.

Investors and market analysts will likely keep a close watch on Sharda Cropchem's performance in the coming quarters to see if the company's actual results align with these upgraded projections.

Sharda Cropchem Limited , a global agrochemical company, has reported a robust financial performance for the second quarter of fiscal year 2026, with significant growth in revenue and profitability. The company's strategic focus on product registrations and global market presence continues to drive its success.

Financial Highlights

• Revenue: INR 929.00 crores in Q2 FY26, up 20% year-on-year
• EBITDA: INR 139.00 crores, a 71% increase from the previous year
• PAT: INR 74.00 crores, showing a 75% growth year-on-year
• Gross Margin: Expanded by 690 basis points to 34.5%

Segment Performance

The agrochemical segment, which forms the core of Sharda Cropchem's business, demonstrated strong growth, while the non-agrochemical segment experienced a slight decline.

Volume Growth and Market Dynamics

Sharda Cropchem reported an impressive overall volume growth of 35% in Q2 FY26. The company's Chairman and Managing Director, Mr. R. V. Bubna, attributed this performance to a global revival in demand and recovery in prices. The agrochemical segment saw a 36% increase in volumes, while the non-agrochemical sector grew by 11%.

Product Registrations and Future Growth

As of September 30, 2025, Sharda Cropchem's total product registrations stood at 2,994, with an additional 1,068 applications pending approval. This extensive portfolio of registrations across various geographies positions the company well for future growth.

Financial Position and Outlook

• Working Capital: Improved to 84 days from 118 days in March 2025
• Cash Position: INR 794.00 crores in cash and liquid investments
• Debt Status: The company remains debt-free

Management expects EBITDA margins to be in the range of 15-18% for the full year FY26. The company plans a capex of INR 450.00-500.00 crores, focusing on increasing product registrations to secure future growth.

H1 FY26 Performance

For the first half of FY26, Sharda Cropchem reported:

• Revenue of INR 1,914.00 crores, a 23% year-on-year growth
• PAT of INR 217.00 crores, representing a substantial 212% increase

Analyst Meeting Scheduled

Sharda Cropchem has announced an upcoming meeting with investors and analysts on November 13, 2025, organized by Anand Rathi in Mumbai. This meeting will provide an opportunity for stakeholders to gain further insights into the company's performance and strategies.

The company's strong performance in Q2 FY26, coupled with its expanding global presence and robust product registration pipeline, positions Sharda Cropchem favorably for continued growth in the agrochemical market.