Date: 28 Feb 2024

Agro Chemicals

Sector	Market Cap	No of Companies
Agro Chemicals	171265.99	26

 

NetWorth	43147.69	TTM Sales	72772.35	TTM Sales Var (%)	-11.91
Debt	37692.00	TTM OP	8725.17	TTM NP Var (%)	-43.86
Capital Employed	90040.25	TTM OPM (%)	13.70	EV/TM Sales	2.35
Net Block	28739.31	TTM PATM (%)	2.83	EV/TTM EBITDA	23.49
Current Assets	58098.56	Debt / Equity	0.87	P/E	83.30
ROCE (%)	21.88	RONW (%)	4.77	P/B	3.97

The above figures are in Rs. Crores as of 28 Feb 2024

TTM ended December 2023

	28 Feb 2024	31 Jan 2023	31 Jan 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	171265.99	179644.71	179023.21	-4.66	-4.33
Total Marketcap	38849922.4	27157567.18	25408087.59	43.05	52.9
Sector's share	0.44	0.66	0.7	-0.22	-0.26
Sector No of companies	26	25	23	1	3
Total Listed companies	4541	4248	4096	293	445
Sector's share	0.57	0.59	0.56	-0.02	0.01
Nifty 50	21951.15	21725.7	17303.95	1.04	26.86

 

Gainers
Company Name	28/02/2024	25/01/2024	Var%
Bhaskar Agrochem	70.30	57.00	23.33
Bhagiradha Chem.	1763.65	1486.95	18.61
Meghmani Organi.	95.36	84.69	12.60
P I Industries	3629.95	3244.20	11.89
Losers
Company Name	28/02/2024	25/01/2024	Var%
Phyto Chem (I)	37.46	47.90	-21.80
Insecticid.India	545.20	628.95	-13.32
Astec Lifescienc	878.10	997.80	-12.00
UPL	475.75	537.50	-11.49
Sharda Cropchem	352.80	398.25	-11.41

 

During the month of February 2024, Agro Chemicals sector’s Marketcap decreased -4.66% to Rs 171265.99 crore, compared to 43.05% rise in total listed marketcap to Rs 38849922.4 crore.

Sector’s share of total listed marketcap moved to 0.44% in February 2024 from 0.66% in January 2023 and 0.7% in January 2022.

In terms of price appreciation in the sector, there were 4 gainers and 19 losers in the month of Feb 2024. The gainers accounted for 15.38% of sector companies, losers accounted for 73.08% of sector companies, while 3% remained unchanged.

The top 3 gainers were Bhaskar Agrochem (23.33% gain), Bhagiradha Chem. (18.61% gain) and Meghmani Organi. (12.60% gain).

The 3 losers at the bottom were Phyto Chem (I) (-21.80% fall), Insecticid.India (-13.32% fall) and Astec Lifescienc (-12.00% fall).

During the month Bayer CropScience Ltd, Excel Industries Ltd, Punjab Chemicals & Crop Protection Ltd, Dhanuka Agritech Ltd, UPL Ltd, P I Industries Ltd, Aimco Pesticides Ltd, Bharat Rasayan Ltd, Bhaskar Agrochemicals Ltd, Phyto Chem (India) Ltd, Super Crop Safe Ltd, Shivalik Rasayan Ltd, Sumitomo Chemical India Ltd, Insecticides India Ltd, Heranba Industries Ltd, Sikko Industries Ltd, India Pesticides Ltd and Dharmaj Crop Guard Ltd announced their results. Of these P I Industries Ltd, Bhaskar Agrochemicals Ltd, Super Crop Safe Ltd, Insecticides India Ltd, Heranba Industries Ltd, Sikko Industries Ltd and Dharmaj Crop Guard Ltd reported rise in net profit attributable to shareholders. Companies like Bayer CropScience Ltd, Sumitomo Chemical India Ltd, UPL Ltd, Dhanuka Agritech Ltd, India Pesticides Ltd, Bharat Rasayan Ltd, Punjab Chemicals & Crop Protection Ltd, Excel Industries Ltd and Shivalik Rasayan Ltd reported fall in net profit attributable to shareholders.

Companies like Phyto Chem (India) Ltd reported loss to profit and UPL Ltd reported profit to loss.

Dhanuka Agritech Ltd, P I Industries Ltd and Sumitomo Chemical 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, Bhagiradha Chemicals & Industries 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 India Pesticides Ltd from 0.33% to 1.63%, Rallis India Ltd from 8.23% to 9.22%, UPL Ltd from 33.56% to 34.38%, Shivalik Rasayan Ltd from 0.66% to 1.18%, P I Industries Ltd from 20.01% to 20.41%, Bayer CropScience Ltd from 3.30% to 3.54%, Bhagiradha Chemicals & Industries Ltd from 0.10% to 0.17%, Sharda Cropchem Ltd from 2.01% to 2.06% and Sumitomo Chemical India Ltd from 2.58% to 2.61%. FIIs reduced their shareholding in Dharmaj Crop Guard Ltd from 4.37% to 4.35%, Excel Industries Ltd from 0.70% to 0.66%, Meghmani Organics Ltd from 1.34% to 1.30%, Astec Lifesciences Ltd from 1.33% to 1.28%, NACL Industries Ltd from 1.03% to 0.50%, Insecticides India Ltd from 5.19% to 4.42% and Dhanuka Agritech Ltd from 2.21% to 1.34%.

DIIs increased their shareholding in Dhanuka Agritech Ltd from 18.22% to 18.41%, Sharda Cropchem Ltd from 12.29% to 12.37%, Sumitomo Chemical India Ltd from 5.64% to 5.72% and Meghmani Organics Ltd from 0.04% to 0.06%. DIIs reduced their shareholding in India Pesticides Ltd from 1.61% to 1.59%, Heranba Industries Ltd from 0.02% to 0.00%, UPL Ltd from 16.57% to 16.39%, P I Industries Ltd from 22.11% to 21.92%, Astec Lifesciences Ltd from 9.15% to 8.77%, Insecticides India Ltd from 9.29% to 8.79%, Bayer CropScience Ltd from 13.21% to 12.68% and Rallis India Ltd from 13.90% to 12.17%.

Promoters increased their shareholding in Crop Life Science Ltd from 69.62% to 70.01%. Promoters reduced their shareholding in NACL Industries Ltd from 63.83% to 63.79%.

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, Syngenta India Pvt Ltd, Indofil Industries Ltd, Hindustan Insecticides Ltd, Bhagiradha Chemicals & Industries 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, Agro Nutrients Pvt Ltd, Corteva Crop India Pvt Ltd, Advance Agrisearch Ltd, U P L Sustainable Agri Solutions Ltd, Nichino India Pvt Ltd, Sumil Chemical Inds. Pvt Ltd, Croprise Agrochem Ltd, Poorva Chemtech Pvt Ltd, Lokmangal Bio-Tech Pvt Ltd, Cropnosys (India) Pvt Ltd, R3 Crop Care Pvt Ltd, Thakar Chemicals Ltd, S S Crop Care Pvt Ltd, Saraswati Agro Chemicals (India) Pvt Ltd, Baroda Agro Chemicals Ltd, Sulfag Products Ltd, Standard Pesticides Pvt Ltd, Vimal Crop Care Pvt Ltd, Netmatrix Crop Care Pvt Ltd, Indogulf Cropsciences Ltd, Acme Organics Pvt Ltd and B R Agrotech Ltd were updated in Capitaline.