Sharda Cropchem Q1 FY27 Revenue Up 9% to ₹1,074 Cr
Sharda Cropchem Ltd announced its unaudited financial results for Q1 FY27, reporting a 9% year-on-year increase in revenue to ₹1,074 crores. EBITDA grew by 25% to ₹178 crores, with EBITDA margins improving by 220 basis points to 16.6%. Profit Before Tax (prior to forex gains) rose 16% to ₹111 crores, while Profit Before Tax and Profit After Tax saw a decline of 30% and 38% respectively, attributed to higher forex gains in the prior year's quarter. The company highlighted an increase in product registrations to 3,016 and maintained a debt-free status with ₹767 crores in cash and liquid investments. The agrochemical segment contributed 85% to revenue, with notable growth in NAFTA and LATAM regions, while Europe experienced a temporary moderation due to distributor destocking amid heatwaves.
Key Highlights
- Revenue grew 9% YoY to ₹1,074 crores in Q1 FY27.
- EBITDA increased 25% to ₹178 crores, with margins improving.
- Company remains debt-free with ₹767 crores in cash and investments.
- Product registrations reached 3,016, with 1,027 in the pipeline.
- NAFTA and LATAM regions showed robust growth, offsetting European slowdown.
Price Impact
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