Punjab Chemicals & Crop Protection Limited traces its roots back to 1975 when it was established as Punjab United Pesticides & Chemicals Limited (PUPCL). The company later evolved into its current form by uniting all its divisions – Agrotechnicals, Agroformulations, Pharmaceuticals, Intermediates, Chemicals & International Trading – under one roof through a combination of companies in March 2006. It was incorporated in 1975 as a joint sector project between Excel Industries and the Punjab State Industrial Development Corporation.
The company has grown into an internationally operating group with its corporate office at Mumbai. Located at Derabassi (18 km near Chandigarh & about 250 kms north of the capital city New Delhi) and spread over 12 hectares of land, employing a team of 580 dedicated people, Punjab Chemicals produces a range of world-class products mainly dedicated to the field of Crop Protection.
The business of the Company is Performance Chemicals, which includes Agro Chemicals, Specialty Chemicals and other chemicals. The Company is also in contract manufacturing business, producing products for Indian and multinational companies. Punjab Chemicals produces various Agrotechnicals, Agroformulations, API's, Pharmaceutical Intermediates, Phosphorous Derivatives and Speciality Chemicals.
The company operates various state-of-the-art manufacturing sites which are located across India and adhere to international standards, supported by its R&D strengths and unparalleled Pilot Plant facilities. All facilities are ISO 9001 & ISO 14001 certified. The company provides technical and bulk agrochemicals, such as herbicides, insecticides, and fungicides; and pharmaceutical products, including APIs, intermediates, anti-oxidants, and fine chemicals, as well as intermediates for APIs; and industrial chemicals comprising phosphorus derivatives, oxalates, and intermediates. Geographically, the group has a business presence in India, Europe, Japan, Israel, the USA, Latin America, and other countries, with key revenue derived from India.
The company's image as a manufacturer of Oxalic Acid and Diethyl Oxalate has been well known to Domestic and International customers for many years. Its overseas subsidiary-marketing company, SD Ag Chem (Europe), N.V., Belgium, serves as an immediate supply point for company products from Europe.
The company has a market capitalization of ₹1,340.01 crore as of May 19th, 2025.
For the quarter ended March 2025, net profit rose 192.53% to ₹7.05 crore compared to ₹2.41 crore in the previous quarter ended March 2024. Sales rose 2.93% to ₹202.28 crore in the quarter ended March 2025 as against ₹196.53 crore during the previous quarter ended March 2024.
For the full year ended March 2025, net profit declined 27.34% to ₹38.93 crore compared to ₹53.58 crore in the previous year ended March 2024. Sales declined 3.61% to ₹900.52 crore in the year ended March 2025 as against ₹934.23 crore during the previous year ended March 2024.
The company's 52-week high share price is ₹1,575.00 and 52-week low share price is ₹669.55. While the company has delivered a modest sales growth of 10.4% over the past five years, it shows an annual revenue de-growth of -4%, which indicates a need for improvement. Its pre-tax margin of 6% is deemed "okay," and ROE of 10% is considered "good."
* Market Capitalization: ₹1,340.01 Cr (as of 19th May 2025)
* Revenue (FY25): ₹900.52 Cr (on a trailing 12-month basis)
* Net Profit (Q4 FY25): ₹7.05 Cr
* EPS (Q4 FY25): ₹5.75 for the quarter ended Mar 2025
* P/E Ratio: 34.42
* Dividend Yield: 0.27
* Debt to Equity: 17% (reasonable, signaling a healthy balance sheet)
* Debtor Days: Increased from 74.8 to 95.4 days
Promoter holding in Punjab Chemicals & Crop Protection Ltd stands at 39.22 per cent as of March 2025. The company is listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) with the trading symbol PUNJABCHEM.
Equipped with the latest state-of-the-art instruments and some of the finest brainpower in the industry, the Research and Development team of Punjab Chemicals has a major share in the Company's achievements. Be it designing a better process or devising more cost-efficient reactions leading to more competitive prices, the research team has consistently excelled at innovations.
The company has a well-equipped Pilot Plant for scaling up processes developed in R&D from gram to kilo quantities. The Pilot Plant includes mini replicas of standard reactions, isolation, and finishing units, ensuring that trial batches provide reliable data for process validation, design, and operational conditions.
Punjab Chemicals & Crop Protection Ltd continues to be a significant player in the Indian chemical and crop protection industry, with its diversified product portfolio and strong manufacturing capabilities positioning it well for future growth despite some recent financial challenges.
