Sharda Cropchem Limited, established in 1987 by Mr. R. V. Bubna, an IIT Bombay Chemical Engineering graduate, and Mrs. Sharda R. Bubna, is a leading global agrochemical company. Originally operating as M/s. Sharda International and M/s. Bubna Enterprises, the company rebranded as Sharda Cropchem Limited in 2013, reflecting its significant growth and diversified portfolio. Specializing in the marketing and distribution of agrochemical products, Sharda Cropchem offers a comprehensive range including insecticides, fungicides, herbicides, veterinary drugs, plant growth regulators, fumigants, and biocides. Beyond agrochemicals, the company supplies industrial chemicals for water treatment, food production, and other industrial applications, along with various types of conveyor belts. With a robust global presence spanning Europe, NAFTA, Latin America, and other regions, the company excels in identifying generic molecules, dossier preparation, regulatory registrations, and marketing through third-party distributors or its sales force. Its operations include exporting technical-grade agrochemicals, formulations, and non-agro products like conveyor belts, rubber belts, dyes, and dye intermediates, making it a vital player in the global agrochemical and industrial chemical markets.
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
Promoters + | 74.82% | 74.82% | 74.82% | 74.82% | 74.82% |
FIIs + | 2.06% | 2.14% | 2.02% | 2.52% | 3.77% |
DIIs + | 12.42% | 12.41% | 12.87% | 12.77% | 10.07% |
Public + | 10.70% | 10.63% | 10.29% | 9.91% | 11.33% |
No. of Shareholders | 56,858 | 61,075 | 54,436 | 48,353 | 58,717 |
The shareholding pattern of Sharda Cropchem showcases a consistent and stable ownership structure over the course of 2023 and 2024. Promoters maintained a stronghold on the company with an unwavering share of 74.82% throughout December 2023 to December 2024, highlighting their commitment to the business. Foreign Institutional Investors (FIIs) exhibited a gradual increase in their stake, rising from 2.06% in December 2023 to 3.77% by December 2024, reflecting growing international interest in Sharda Cropchem. Conversely, Domestic Institutional Investors (DIIs) experienced fluctuations in their holdings, starting at 12.42% in December 2023, peaking at 12.87% in June 2024, and later reducing to 10.07% by December 2024. The public shareholding displayed a similar pattern of variability, initially at 10.70% in December 2023, decreasing to 9.91% by September 2024, and then rising to 11.33% in December 2024. The number of shareholders also varied, peaking at 61,075 in March 2024 and dipping to 48,353 in September 2024, before climbing again to 58,717 in December 2024.
Below are the trading platforms that you can use to purchase Sharda Cropchem shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
February 2025 | 669.89 | 515.30 |
March 2025 | 683.96 | 526.12 |
April 2025 | 677.18 | 520.91 |
May 2025 | 657.46 | 505.74 |
June 2025 | 687.05 | 528.50 |
July 2025 | 673.58 | 518.13 |
August 2025 | 694.41 | 534.16 |
September 2025 | 702.74 | 540.57 |
October 2025 | 721.01 | 554.62 |
November 2025 | 739.04 | 568.49 |
December 2025 | 772.29 | 594.07 |
In 2025, Sharda Cropchem’s share price is expected to show steady growth. Starting in February, the price may range from ₹515.30 to ₹669.89, gradually increasing to ₹687.05 in June and ₹702.74 in September. By December, the maximum price is projected to reach ₹772.29, with a minimum of ₹594.07, reflecting consistent upward momentum throughout the year.
When | Maximum Price | Minimum Price |
January 2026 | 795.46 | 611.89 |
February 2026 | 775.58 | 596.60 |
March 2026 | 791.09 | 608.53 |
April 2026 | 807.23 | 620.95 |
May 2026 | 799.24 | 614.80 |
June 2026 | 819.22 | 630.17 |
July 2026 | 803.16 | 617.81 |
August 2026 | 828.00 | 636.92 |
September 2026 | 844.56 | 649.66 |
October 2026 | 866.52 | 666.55 |
November 2026 | 888.18 | 683.21 |
December 2026 | 910.38 | 700.29 |
As we progress through 2026, Sharda Cropchem’s share price is anticipated to exhibit consistent growth. In January, the price may range between ₹611.89 and ₹795.46, moving to a maximum of ₹819.22 and a minimum of ₹630.17 by June. By September, the prices could further increase to ₹844.56 and ₹649.66, respectively. Finally, as we approach December, the maximum price is projected to reach ₹910.38, with a minimum of ₹700.29, showcasing a year of steady upward momentum.
When | Maximum Price | Minimum Price |
January 2027 | 919.49 | 707.30 |
February 2027 | 943.06 | 725.43 |
March 2027 | 979.84 | 753.73 |
April 2027 | 960.63 | 738.95 |
May 2027 | 932.65 | 717.42 |
June 2027 | 974.62 | 749.71 |
July 2027 | 955.51 | 735.01 |
August 2027 | 985.06 | 757.74 |
September 2027 | 1,019.54 | 784.26 |
October 2027 | 1,046.05 | 804.65 |
November 2027 | 1,072.20 | 824.77 |
December 2027 | 1,099.00 | 845.39 |
When | Maximum Price | Minimum Price |
January 2028 | 1,120.98 | 862.29 |
February 2028 | 1,149.73 | 884.40 |
March 2028 | 1,194.57 | 918.90 |
April 2028 | 1,171.14 | 900.88 |
May 2028 | 1,137.03 | 874.64 |
June 2028 | 1,188.20 | 914.00 |
July 2028 | 1,164.90 | 896.08 |
August 2028 | 1,200.93 | 923.79 |
September 2028 | 1,242.96 | 956.12 |
October 2028 | 1,275.28 | 980.98 |
November 2028 | 1,307.16 | 1,005.51 |
December 2028 | 1,339.84 | 1,030.65 |
When | Maximum Price | Minimum Price |
January 2029 | 1,366.64 | 1,051.26 |
February 2029 | 1,401.68 | 1,078.21 |
March 2029 | 1,456.34 | 1,120.26 |
April 2029 | 1,427.79 | 1,098.30 |
May 2029 | 1,386.20 | 1,066.31 |
June 2029 | 1,448.58 | 1,114.29 |
July 2029 | 1,420.18 | 1,092.44 |
August 2029 | 1,464.10 | 1,126.23 |
September 2029 | 1,515.34 | 1,165.65 |
October 2029 | 1,554.74 | 1,195.96 |
November 2029 | 1,593.61 | 1,225.85 |
December 2029 | 1,633.45 | 1,256.50 |
When | Maximum Price | Minimum Price |
January 2030 | 1,666.12 | 1,281.63 |
February 2030 | 1,708.84 | 1,314.49 |
March 2030 | 1,775.49 | 1,365.76 |
April 2030 | 1,740.67 | 1,338.98 |
May 2030 | 1,689.97 | 1,299.98 |
June 2030 | 1,766.02 | 1,358.48 |
July 2030 | 1,731.39 | 1,331.84 |
August 2030 | 1,784.94 | 1,373.03 |
September 2030 | 1,847.41 | 1,421.09 |
October 2030 | 1,895.45 | 1,458.04 |
November 2030 | 1,942.83 | 1,494.49 |
December 2030 | 1,991.40 | 1,531.85 |
As we move through 2030, Sharda Cropchem’s share price is expected to display a strong upward trajectory. In January, the price may range between ₹1,281.63 and ₹1,666.12, while by June, it could rise to a maximum of ₹1,766.02 and a minimum of ₹1,358.48. By September, the prices are projected to reach ₹1,847.41 at the maximum and ₹1,421.09 at the minimum. Finally, as we move toward December, the share price could peak at ₹1,991.40, with a minimum of ₹1,531.85.
Financial Condition of Sharda Cropchem
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 2,003 | 2,396 | 3,580 | 4,045 | 3,163 | 3,803 |
Expenses + | 1,653 | 1,945 | 2,884 | 3,386 | 2,860 | 3,267 |
Operating Profit | 350 | 450 | 696 | 659 | 303 | 536 |
OPM % | 17% | 19% | 19% | 16% | 10% | 14% |
Other Income + | -12 | 46 | 29 | 40 | 60 | 43 |
Interest | 16 | 16 | 15 | 20 | 24 | 2 |
Depreciation | 137 | 170 | 245 | 248 | 267 | 257 |
Profit before tax | 185 | 309 | 464 | 431 | 72 | 321 |
Tax % | 11% | 26% | 25% | 21% | 56% | |
Net Profit + | 165 | 229 | 349 | 342 | 32 | 244 |
EPS in Rs | 18.25 | 25.4 | 38.71 | 37.9 | 3.53 | 27.07 |
Dividend Payout % | 22% | 20% | 16% | 16% | 85% |
Sharda Cropchem has demonstrated a fluctuating financial performance over the years. Between March 2020 and March 2024, the company’s sales showed a significant increase, reaching ₹4,045 crore in March 2023 before declining to ₹3,163 crore in March 2024. Expenses followed a similar trend, peaking at ₹3,386 crore in March 2023 and reducing to ₹2,860 crore in March 2024. Operating profit also varied, reaching ₹696 crore in March 2022 before decreasing to ₹303 crore in March 2024, with the operating profit margin (OPM%) declining from 19% in March 2022 to 10% in March 2024.
Sharda Cropchem’s net profit peaked at ₹349 crore in March 2022 but dropped significantly to ₹32 crore in March 2024, influenced by a sharp rise in the tax rate to 56%. The EPS followed a similar pattern, peaking at ₹38.71 in March 2022 and reducing to ₹3.53 in March 2024. Dividend payouts varied, with a notable increase to 85% in March 2024. Despite these challenges, the trailing twelve months (TTM) data indicates some recovery, with sales at ₹3,803 crore and net profit at ₹244 crore, suggesting potential stabilization in the company’s financials.
Anand Rathi recommends purchasing Sharda Cropchem with a target price of Rs 730.
FAQs
What is the current market capitalization of Sharda Cropchem?
Sharda Cropchem’s current market capitalization stands at ₹5,301 crore.
As of February 01st, 2025, Sharda Cropchem’s share price is ₹588.
Sharda Cropchem’s expected share price targets for 2025 range from ₹505.74 to ₹772.29.
Sharda Cropchem’s forecasted share price targets for 2030 range from ₹1,281.63 to ₹1,991.40.
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Conclusion: Sharda Cropchem’s Financial Challenges and Strategic Outlook
In conclusion, Sharda Cropchem Limited has established itself as a prominent global agrochemical and industrial chemical company with a robust portfolio and a significant global presence. The stable shareholding patterns, dominated by promoters and growing interest from FIIs, reflect confidence in the company’s long-term prospects. Financially, while the company demonstrated strong growth in sales and profits in earlier years, recent fluctuations highlight the need for resilience amidst changing market dynamics. The projected share price trajectory for 2025-2030 suggests a steady upward momentum, underscoring investor optimism and the company’s potential for sustainable growth in the global agrochemical and industrial markets.
Having said that, we are not a financial advisor. Please consult a SEBI-registered financial advisor before trading Sharda Cropchem. This post on Sharda Cropchem share price target from 2025 to 2030 is for educational purposes only.
What did we learn?
- 1 Shareholdings Patterns of Sharda Cropchem
- 2 How to Purchase Sharda Cropchem Shares in India?
- 3 Sharda Cropchem Share Price Target 2025 – 2030
- 4 Financial Condition of Sharda Cropchem
- 5 Anand Rathi on Sharda Cropchem share price target.
- 6 FAQs
- 7 Conclusion: Sharda Cropchem’s Financial Challenges and Strategic Outlook