Date: 29 Nov 2023

Agro Chemicals

Sector	Market Cap	No of Companies
Agro Chemicals	181046.87	28

 

NetWorth	52043.77	TTM Sales	79549.13	TTM Sales Var (%)	-2.79
Debt	38469.10	TTM OP	12155.11	TTM NP Var (%)	-21.67
Capital Employed	99954.49	TTM OPM (%)	16.84	EV/TM Sales	2.28
Net Block	32243.09	TTM PATM (%)	6.04	EV/TTM EBITDA	17.57
Current Assets	66539.50	Debt / Equity	0.74	P/E	37.71
ROCE (%)	30.33	RONW (%)	9.23	P/B	3.48

The above figures are in Rs. Crores as of 29 Nov 2023

TTM ended September 2023

	29 Nov 2023	31 Oct 2022	31 Oct 2021	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	181046.87	191272.32	182066.9	-5.35	-0.56
Total Marketcap	33471732.91	28126970.51	25945280.23	19	29.01
Sector's share	0.54	0.68	0.7	-0.14	-0.16
Sector No of companies	28	25	25	3	3
Total Listed companies	4449	4179	4067	270	382
Sector's share	0.63	0.6	0.61	0.03	0.02
Nifty 50	20096.6	19079.6	18758.35	5.33	7.13

 

Gainers
Company Name	29/11/2023	27/10/2023	Var%
Bhaskar Agrochem	53.81	38.40	40.13
Insecticid.India	669.85	498.45	34.39
Dhanuka Agritech	930.35	815.90	14.03
P I Industries	3779.00	3315.00	14.00
India Pesticides	309.10	278.55	10.97
Losers
Company Name	29/11/2023	27/10/2023	Var%
Best Agrolife	874.60	1037.45	-15.70
3B Blackbio	692.95	791.00	-12.40
Phyto Chem (I)	36.83	41.79	-11.87
NACL Industries	73.48	77.93	-5.71
Excel Industries	834.00	859.05	-2.92

 

During the month of November 2023, Agro Chemicals sector’s Marketcap decreased -5.35% to Rs 181046.87 crore, compared to 19% rise in total listed marketcap to Rs 33471732.91 crore.

Sector’s share of total listed marketcap moved to 0.54% in November 2023 from 0.68% in October 2022 and 0.7% in October 2021.

In terms of price appreciation in the sector, there were 17 gainers and 8 losers in the month of Nov 2023. The gainers accounted for 60.71% of sector companies, losers accounted for 28.57% of sector companies, while 3% remained unchanged.

The top 3 gainers were Bhaskar Agrochem (40.13% gain), Insecticid.India (34.39% gain) and Dhanuka Agritech (14.03% gain).

The 3 losers at the bottom were Best Agrolife (-15.70% fall), 3B Blackbio (-12.40% fall) and Phyto Chem (I) (-11.87% fall).

During the month Bayer CropScience Ltd, Excel Industries Ltd, Dhanuka Agritech Ltd, P I Industries Ltd, Aimco Pesticides Ltd, Bharat Rasayan Ltd, Bhaskar Agrochemicals Ltd, Phyto Chem (India) Ltd, Super Crop Safe Ltd, Best Agrolife Ltd, Bhagiradha Chemicals & Industries Ltd, 3D Blackbio DX Ltd, Shivalik Rasayan Ltd, Insecticides India Ltd, Heranba Industries Ltd, Sikko Industries Ltd, India Pesticides Ltd, Meghmani Organics Ltd and Dharmaj Crop Guard Ltd announced their results. Of these Bayer CropScience Ltd, Dhanuka Agritech Ltd, P I Industries Ltd, Bhaskar Agrochemicals Ltd, Super Crop Safe Ltd, Insecticides India Ltd and Dharmaj Crop Guard Ltd reported rise in net profit attributable to shareholders. Companies like Heranba Industries Ltd, Best Agrolife Ltd, India Pesticides Ltd, 3D Blackbio DX Ltd, Bharat Rasayan Ltd, Bhagiradha Chemicals & Industries Ltd, Sikko Industries Ltd, Aimco Pesticides Ltd and Shivalik Rasayan Ltd reported fall in net profit attributable to shareholders.

Phyto Chem (India) Ltd and Meghmani Organics Ltd reported profit to loss.

Bayer CropScience Ltd and Insecticides India Ltd became ex-dividend.

During the month Bayer CropScience Ltd, Excel Industries Ltd, Punjab Chemicals & Crop Protection Ltd, Rallis India Ltd, Dhanuka Agritech Ltd, UPL Ltd, P I Industries Ltd, Aimco Pesticides Ltd, Bharat Rasayan Ltd, Bhaskar Agrochemicals Ltd, NACL Industries Ltd, Phyto Chem (India) Ltd, Super Crop Safe Ltd, Best Agrolife Ltd, Bhagiradha Chemicals & Industries Ltd, 3D Blackbio DX Ltd, Meghmani Organics Ltd(Merged), Shivalik Rasayan Ltd, Sumitomo Chemical India Ltd, Astec Lifesciences Ltd, Insecticides India Ltd, Heranba Industries Ltd, Sharda Cropchem Ltd, Hemani Industries Ltd, Sikko Industries Ltd, India Pesticides Ltd, Meghmani Organics Ltd, Dharmaj Crop Guard Ltd, Aristo Bio-Tech & Lifescience Ltd and Crop Life Science Ltd filed their shareholding patterns.

FIIs increased their shareholding in P I Industries Ltd from 19.17% to 20.01%, Rallis India Ltd from 7.69% to 8.23%, Bayer CropScience Ltd from 3.18% to 3.30%, 3D Blackbio DX Ltd from 3.06% to 3.16%, Sumitomo Chemical India Ltd from 2.51% to 2.58%, Punjab Chemicals & Crop Protection Ltd from 2.97% to 2.98% and Sharda Cropchem Ltd from 2.00% to 2.01%. FIIs reduced their shareholding in Excel Industries Ltd from 0.73% to 0.70%, India Pesticides Ltd from 0.38% to 0.33%, NACL Industries Ltd from 1.16% to 1.03%, Meghmani Organics Ltd from 1.50% to 1.34%, Astec Lifesciences Ltd from 1.95% to 1.33%, Dharmaj Crop Guard Ltd from 5.01% to 4.37%, Insecticides India Ltd from 6.02% to 5.19%, Best Agrolife Ltd from 10.83% to 9.86%, Dhanuka Agritech Ltd from 3.55% to 2.21% and UPL Ltd from 37.96% to 33.56%.

DIIs increased their shareholding in UPL Ltd from 14.02% to 16.57%, Dhanuka Agritech Ltd from 17.24% to 18.22%, Sumitomo Chemical India Ltd from 5.08% to 5.64%, Rallis India Ltd from 13.52% to 13.90%, Bayer CropScience Ltd from 13.01% to 13.21%, NACL Industries Ltd from 0.81% to 0.96%, Meghmani Organics Ltd from 0.00% to 0.04%, India Pesticides Ltd from 1.59% to 1.61% and Astec Lifesciences Ltd from 9.14% to 9.15%. DIIs reduced their shareholding in Excel Industries Ltd from 6.93% to 6.92%, Sharda Cropchem Ltd from 12.46% to 12.29%, Heranba Industries Ltd from 0.65% to 0.02%, P I Industries Ltd from 22.93% to 22.11% and Insecticides India Ltd from 10.47% to 9.29%.

Promoters increased their shareholding in Rallis India Ltd from 50.09% to 55.08% and Crop Life Science Ltd from 69.62% to 70.01%. Promoters reduced their shareholding in Astec Lifesciences Ltd from 66.76% to 66.75%, Meghmani Organics Ltd from 49.50% to 49.32%, Super Crop Safe Ltd from 38.71% to 38.30% and India Pesticides Ltd from 67.20% to 63.61%.

During the month Annual reports of Bayer CropScience Ltd, Excel Industries Ltd, Punjab Chemicals & Crop Protection Ltd, Rallis India Ltd, Dhanuka Agritech Ltd, UPL Ltd, P I Industries Ltd, Aimco Pesticides Ltd, Bharat Rasayan Ltd, Savoy Herbals Ltd (Wound-up), Bhaskar Agrochemicals Ltd, NACL Industries Ltd, Phyto Chem (India) Ltd, Super Crop Safe Ltd, Best Agrolife Ltd, Syngenta India Pvt Ltd, Indofil Industries Ltd, Hindustan Insecticides Ltd, Bhagiradha Chemicals & Industries Ltd, 3D Blackbio DX Ltd, Gharda Chemicals Ltd, Shivalik Rasayan Ltd, Cheminova India Ltd, Sumitomo Chemical India Ltd, Gujarat Insecticides Ltd, Sulphur Mills Ltd, Arysta Lifescience India Ltd, Tagros Chemicals India Pvt Ltd, Tropical Agrosystem (India) Pvt Ltd, SWAL Corporation Ltd, Astec Lifesciences Ltd, Insecticides India Ltd, Akola Chemicals India Ltd, Ravi Organics Ltd, Margo Biocontrols Pvt Ltd, Heranba Industries Ltd, Bharat Insecticides Ltd, Kaiser Industries Ltd, Biostadt India Ltd, Krishi Rasayan Exports Pvt Ltd, BDA Agrochem Pvt Ltd, GSP Crop Science Pvt Ltd, Johnson Matthey Chemicals India Pvt Ltd, Sharda Cropchem Ltd, Gaiagen Technologies Pvt Ltd, Maharashtra Pesticide Ltd, HPM Chemicals & Fertilizers Ltd, Spectrum Ethers Pvt Ltd, FIL Industries Ltd, Hemani Industries Ltd, Biotech International Limited, Advance Cropcare India Pvt Ltd, Atul Crop Care Ltd, Crystal Crop Protection Ltd, Deccan Fine Chemicals India Pvt Ltd, Parijat Industries (India) Pvt Ltd, Agrico Organics Ltd, Aero Agro Chemical Industries Ltd, Godvet Agrochem Ltd, Parry Agrochem Exports Ltd, Devgen Seeds & Crop Technology Pvt Ltd, Bayer Vapi Pvt Ltd, Behram Chemicals Pvt Ltd, Sikko Industries Ltd, Krishi Rasayan Pvt Ltd, SCM Fertichem Ltd, Yara Fertilisers India Pvt Ltd, Rainbow Crop Health Ltd, Jivagro Ltd, India Pesticides Ltd, Meghmani Organics Ltd, Dharmaj Crop Guard Ltd, Aristo Bio-Tech & Lifescience Ltd, Samarthman Agro Chem Ltd, Crop Life Science Ltd, R 3 Crop Care Pvt Ltd, Saraswati Agro Chemicals (India) Pvt Ltd, Standard Pesticides Pvt Ltd and Netmatrix Crop Care Pvt Ltd were updated in Capitaline.