PUNJABCHEMCommodities

Punjab Chemicals & Crop Protection Limited

Pesticides & Agrochemicals · ISIN INE277B01014 · BSE 506618 · NSE EQ · FV ₹10
Last price
₹1,063
-0.79%today
What this company does

Punjab Chemicals & Crop Protection Limited operates in Pesticides & Agrochemicals, part of the Commodities sector. It booked ₹347 cr of revenue in its latest quarter (Q1 FY27) and kept 6.4% of sales as profit.

Annual Report 2025-26 Annual Report 2025-26 R&D Innovation That Powers R&D is focused on new product development, continuous improvement of existing products, cost optimization initiatives to enhance competitiveness, and the Unmatched Performance development of innovative technologies and processes that drive efficiency, value creation, and long-term business growth.
In the report:
59out of 100
Equitytale Health Score
Mixed

Healthier than 59% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 91–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
40

At close. Not part of the score.

Profitability & returns73

How much profit it earns on the money it employs

Balance sheet45

How much it owes, and whether earnings cover the interest

Cash quality56

Whether reported profit actually arrives as cash

Growth & consistency65

Whether sales and profit have grown, and how steadily

Valuation35

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 9% vs last year
Profit up 7% vs last year
No promoter shares pledged
Strong 21% return on equity
Turns profit into real cash
Watch-outs
! Thin 6.4% net margin

What if I invest in PUNJABCHEM?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,063 -0.79%
latest close · 2026-09-17
1-year return
-33.3%
52-wk low ₹1,02052-wk high ₹1,934
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio14.8Low
LowAverageHigh
P/B ratio3.08High
Below bookModerateHigh
EV / EBITDA8.7Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity20.8%Strong
WeakFairStrong ▸15%
Return on capital28.0%Strong
WeakFairStrong
Net margin6.4%Decent
ThinDecentStrong
EBITDA margin11.9%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.36Comfortable
LowModerateHigh ▸1
Interest cover8.3×Strong
RiskyOkayStrong ▸5×
Current ratio1.52Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1,303 cr
Book value
₹345
EPS
₹18.00
latest quarter
Net debt
₹146 cr
owes more than its cash
Enterprise value
₹1,448 cr
EBITDA
₹166 cr
annualised
EBIT
₹137 cr
annualised
Operating margin
9.8%
Return on assets
10.7%
Earnings yield
6.78%
P/S
0.94
Sales / share
₹1,132.9
Tax rate
26.6%
Face value
₹10
Shares
1.2 cr
Working capital
₹174 cr
Current assets
₹509 cr
Current liabilities
₹335 cr
Delivery %
54.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹312₹583, midpoint ₹345

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹347 cr
Other Income₹68 L
Total Income₹348 cr
Cost of Materials₹200 cr
Purchases of Stock-in-Trade₹73 L
Inventory Change (±)₹20 cr
Employee Benefit Expense₹34 cr
Finance Costs₹4 cr
Depreciation & Amortisation₹7 cr
Other Expenses₹52 cr
Total Expenses₹318 cr
Profit before Tax₹30 cr
Tax Expense₹8 cr
Net Profit₹22 cr
Net margin on total income6.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹220 cr63.3%
Employee benefit expense₹34 cr9.8%
Finance costs₹4 cr1.2%
Depreciation & amortisation₹7 cr2.1%
Other expenses₹52 cr15.0%
Tax expense₹8 cr2.3%
Profit for the period₹22 cr6.3%
Total income ₹348 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue247 cr209 cr347 cr
Total income249 cr211 cr348 cr
Expenses228 cr195 cr318 cr
Profit before tax19 cr16 cr30 cr
Tax5 cr5 cr8 cr
Net profit (owners' share)14 cr11 cr22 cr
Net margin (owners' share, on revenue)5.6%5.3%6.4%
EPS (₹)11.268.9618.00
YoY (latest quarter): total income +7.6% · net profit +7.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹823 cr
Shareholder equity
₹423 cr
parent shareholders
Total debt
₹154 cr
Cash
₹9 cr
Cash flow · H1 FY26
Operating
₹83 cr
Investing
₹-20 cr
Financing
₹-55 cr
Peer comparison
Pesticides & Agrochemicals · by market value
CompanyPriceMarket capP/E
UPL Limited₹555₹3.37 L cr1,155.7
PI Industries Limited₹2,307₹35,066 cr35.8
Sumitomo Chemical India Limited₹455₹22,734 cr26.5
Sharda Cropchem Limited₹742₹6,692 cr19.0
Dhanuka Agritech Limited₹982₹4,428 cr14.7
Rallis India Limited₹204₹3,971 cr
NACL Industries Limited₹149₹3,488 cr41.8
Bhagiradha Chemicals & Industries Limited₹248₹3,215 cr60.2
GSP Crop Science Limited₹484₹2,252 cr21.3
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.28%
trailing 12 months
Dividend / share (TTM)
₹3
Last dividend
₹3
ex 17 Jul 2026
ActionDetailEx-date
Dividend₹3 / share17 Jul 2026
Dividend₹3 / share18 Jul 2025
Dividend₹3 / share25 Jul 2024
Dividend₹3 / share27 Jul 2023
Dividend₹3 / share1 Aug 2022
Dividend₹2 / share3 Aug 2021
Who owns it · 2026-06-30
No pledge
Promoter
39.2%
FII / Foreign
5.9%
DII / Domestic
0.6%
Retail / others
54.3%
Smart-money activity
Insider trades
BoughtIshika Shalil Shroff · Promoter Group2,500 · ₹25.1 L27 Mar 26
SoldAvtar Singh-HUF · Immediate relative700 · ₹8.7 L30 Jun 25
SoldBhupinder Kaur · Immediate relative943 · ₹8.5 L28 Jun 23
Bulk / block deals
SoldGRAVITON RESEARCH CAPITAL LLP · NSE95,508 @ ₹1,594.5130 Jul 25
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE95,508 @ ₹1,594.5830 Jul 25
BoughtQE SECURITIES LLP · NSE76,406 @ ₹1,519.7629 Jul 25
Stake changes
SoldGowal Consulting Services Private Limited→ 21.04% · 4.20 L22 Jun 26
BoughtIshika Shalil Shroff · promoter→ 0.25% · 2,50027 Mar 26
BoughtNERKA CHEMICALS PRIVATE LIMITED→ 24.47% · 30.00 L26 Mar 21
Promoter pledges
ReleasedSBI Cap Trustee Company Ltd on behalf on State Bank of India Bank of Baroda Exim Bank Union Bank Indian Overseas Bank Allahabad Bank central Bank22,125 · 0.18% held19 Dec 18
ReleasedSBI CAP Trustee Company Ltd22,125 · 0.18% held19 Dec 18
ReleasedSBI CAP Trustee Company Ltd100 · 0.00% held19 Dec 18
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 29 Jul 2025
See the official result
1
To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2025 together with the Reports of the Board of Directors (“the Board”) and Auditors' thereon.
Backed by 100% of shareholders other than promotersneeded 50%
36.67 L votes for, 0 against · 0% of mutual funds and other big investors said no
2
To declare a dividend on Equity Shares of the Company for the financial year ended March 31, 2025.
Backed by 100% of shareholders other than promotersneeded 50%
36.67 L votes for, 0 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Mr. Avtar Singh (DIN: 00063569), who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
36.67 L votes for, 183 against · 85% of mutual funds and other big investors said no
4
To appoint a Director in place of Capt. Surjit Singh Chopra (Retd.) (DIN: 00146490), who retires by rotation and being eligible, offers himself for reappointment.
Backed by 100% of shareholders other than promotersneeded 50%
36.67 L votes for, 183 against · 85% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 39.2% between them · as of 2026-06-30
Hemsil Trading and Manufacturing Pvt. Ltd.32.76%
Shalil ShashiKumar Shroff1.88%
Hemal Raju Shete1.74%
Rupam Shalil Shroff1.69%
Salil ShashiKumar Shroff HUF0.63%
Malvika Shalil Shroff0.29%
Ishika Shalil Shroff0.25%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.