Date: 30 May 2024

Agro Chemicals

Sector	Market Cap	No of Companies
Agro Chemicals	174078.57	26

 

NetWorth	51192.12	TTM Sales	67105.82	TTM Sales Var (%)	-15.64
Debt	32748.13	TTM OP	7613.80	TTM NP Var (%)	-47.08
Capital Employed	92745.78	TTM OPM (%)	12.93	EV/TM Sales	2.59
Net Block	32896.15	TTM PATM (%)	1.87	EV/TTM EBITDA	25.93
Current Assets	60716.72	Debt / Equity	0.64	P/E	138.46
ROCE (%)	15.06	RONW (%)	2.46	P/B	3.40

The above figures are in Rs. Crores as of 30 May 2024

TTM ended March 2024

	30 May 2024	30 Apr 2023	30 Apr 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	174078.57	177972.41	189466.2	-2.19	-8.12
Total Marketcap	41320481.71	26782077.7	25450971.93	54.28	62.35
Sector's share	0.42	0.66	0.74	-0.24	-0.32
Sector No of companies	26	25	23	1	3
Total Listed companies	4628	4242	4089	386	539
Sector's share	0.56	0.59	0.56	-0.03	0
Nifty 50	22488.65	22604.85	18534.4	-0.51	21.33

 

Gainers
Company Name	30/05/2024	30/04/2024	Var%
Sumitomo Chemi.	477.00	400.70	19.04
Sharda Cropchem	400.40	368.60	8.63
Losers
Company Name	30/05/2024	30/04/2024	Var%
Aimco Pesticides	92.60	113.55	-18.45
Astec Lifescienc	1114.70	1287.65	-13.43
Bhaskar Agrochem	57.10	64.57	-11.57
Dhanuka Agritech	1254.10	1394.45	-10.06
Heranba Inds	297.35	330.35	-9.99

 

During the month of May 2024, Agro Chemicals sector’s Marketcap decreased -2.19% to Rs 174078.57 crore, compared to 54.28% rise in total listed marketcap to Rs 41320481.71 crore.

Sector’s share of total listed marketcap moved to 0.42% in May 2024 from 0.66% in April 2023 and 0.74% in April 2022.

In terms of price appreciation in the sector, there were 2 gainers and 21 losers in the month of May 2024. The gainers accounted for 7.69% of sector companies, losers accounted for 80.77% of sector companies, while 3% remained unchanged.

The top 2 gainers were Sumitomo Chemi. (19.04% gain) and Sharda Cropchem (8.63% gain).

The 3 losers at the bottom were Aimco Pesticides (-18.45% fall), Astec Lifescienc (-13.43% fall) and Bhaskar Agrochem (-11.57% 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, Bhaskar Agrochemicals Ltd, Phyto Chem (India) Ltd, Bhagiradha Chemicals & Industries Ltd, Shivalik Rasayan Ltd, Sumitomo Chemical India Ltd, Astec Lifesciences Ltd, Insecticides India Ltd, Heranba Industries Ltd, Sharda Cropchem Ltd, India Pesticides Ltd and Meghmani Organics Ltd announced their results. Of these Excel Industries Ltd, Punjab Chemicals & Crop Protection Ltd, UPL Ltd, P I Industries Ltd and Sumitomo Chemical India Ltd reported rise in net profit attributable to shareholders. Companies like Sharda Cropchem Ltd, Bayer CropScience Ltd, Dhanuka Agritech Ltd, Heranba Industries Ltd, Bhagiradha Chemicals & Industries Ltd, Shivalik Rasayan Ltd and India Pesticides Ltd reported fall in net profit attributable to shareholders.

Companies like Insecticides India Ltd reported loss to profit and Heranba Industries Ltd, Phyto Chem (India) Ltd and Meghmani Organics Ltd reported profit to loss.

Bhagiradha Chemicals & Industries Ltd announced Stock Split in the ratio of 1:10.

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, 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 Dharmaj Crop Guard Ltd from 4.35% to 5.50%, India Pesticides Ltd from 1.63% to 2.40%, Shivalik Rasayan Ltd from 1.18% to 1.87%, Meghmani Organics Ltd from 1.30% to 1.51%, Dhanuka Agritech Ltd from 1.34% to 1.49%, Sumitomo Chemical India Ltd from 2.61% to 2.75%, Bayer CropScience Ltd from 3.54% to 3.62%, Sharda Cropchem Ltd from 2.06% to 2.14% and Punjab Chemicals & Crop Protection Ltd from 2.98% to 3.00%. FIIs reduced their shareholding in Astec Lifesciences Ltd from 1.28% to 1.25%, Bhagiradha Chemicals & Industries Ltd from 0.16% to 0.08%, Excel Industries Ltd from 0.66% to 0.56%, Insecticides India Ltd from 4.42% to 4.32%, P I Industries Ltd from 20.41% to 20.26%, NACL Industries Ltd from 0.50% to 0.28% and UPL Ltd from 34.38% to 33.64%.

DIIs increased their shareholding in P I Industries Ltd from 21.92% to 23.14%, Sumitomo Chemical India Ltd from 5.72% to 6.30%, Dhanuka Agritech Ltd from 18.41% to 18.90% and Bayer CropScience Ltd from 12.68% to 12.78%. DIIs reduced their shareholding in Meghmani Organics Ltd from 0.06% to 0.00%, Rallis India Ltd from 12.17% to 12.09%, Astec Lifesciences Ltd from 8.77% to 7.79%, UPL Ltd from 16.39% to 15.03% and India Pesticides Ltd from 1.59% to 0.04%.

Promoters reduced their shareholding in NACL Industries Ltd from 63.79% to 63.72%, Super Crop Safe Ltd from 38.30% to 37.74% and Bhagiradha Chemicals & Industries Ltd from 23.52% to 20.27%.

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, Green Crop International Pvt 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.