3 Specialty Fluorine Chemicals, Crop Protection Innovator and Global Agrochemical Marketer Stocks With a Strong Future Roadmap: Navin Fluorine International, PI Industries and Sharda Cropchem
- October 23, 2026
- Posted by: Chaitanya Auti
- Category: Best Stocks
Navin Fluorine International, PI Industries and Sharda Cropchem: ROE of 11.8% to 21.7% and FY22 to FY26 revenue CAGR of 6.8% to 22.7%. Prices as of 22 Oct 2026.
Quick Answer
The three fluorine chemistry and crop protection stocks to watch are Navin Fluorine International, PI Industries and Sharda Cropchem. Their return on equity ranges from 11.8% to 21.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.8% to 22.7%. Sharda Cropchem has the highest return on equity at 21.7%, while Navin Fluorine International has the fastest revenue growth at 22.7% a year. Prices are based on the 22 October 2026 close, and this article is educational, not investment advice.
Fluorine chemistry and crop protection stocks let investors follow chemical companies built on technical know-how rather than bulk volumes. Navin Fluorine International, PI Industries and Sharda Cropchem cover specialty fluorine chemicals, a crop protection and custom synthesis innovator and a global agrochemical marketer.
This list covers three fluorine chemistry and crop protection stocks with complete current figures: Navin Fluorine International, PI Industries and Sharda Cropchem. Every figure comes from the latest reported financials and the 22 October 2026 market close. Companies without complete current figures were left out.
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What Are Fluorine Chemistry and Crop Protection Stocks?
Fluorine chemistry and crop protection stocks are listed companies that make specialty chemicals, refrigerants and agrochemicals. Their earnings depend on product mix, customer approvals and raw material costs.
Fluorine Chemistry and Crop Protection Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Navin Fluorine International | 7,946.5 | 41,847 | 53.0 | 35.1 | 16.7 | 0.32 |
| PI Industries | 2,074.9 | 33,166 | 28.5 | 23.3 | 11.8 | 0.03 |
| Sharda Cropchem | 659.6 | 6,314 | 10.1 | 23.3 | 21.7 | 0.00 |
On valuation, Sharda Cropchem trades at a P/E below the industry P/E, while Navin Fluorine International and PI Industries trade above it, which reflects the growth the market already expects. Readers comparing fluorine chemistry and crop protection stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Fluorine Chemistry and Crop Protection Stocks Have a Strong Roadmap in India?
Fluorine chemistry and crop protection stocks have a strong roadmap in India because global customers are adding Indian suppliers for complex chemistry and farmers keep adopting better crop inputs.
- Global sourcing. Customers add Indian partners for complex molecules.
- Speciality grades. Technical products earn better margins than commodity chemicals.
- Farm demand. Crop protection supports yields in a large agricultural market.
Why Navin Fluorine International Features Among These Fluorine Chemistry and Crop Protection Stocks
Among the fluorine chemistry and crop protection stocks on this list, Navin Fluorine International is a specialty fluorine chemicals company that makes refrigerant gases, specialty fluorochemicals, and custom research and manufacturing services for pharma and agrochemical clients.
Revenue rose from Rs 1,493 crore in FY22 to Rs 3,379 crore in FY26, a compound annual growth rate of 22.7%. Net profit grew from Rs 263 crore in FY22 to Rs 664 crore in FY26, which works out to a compound annual growth rate of 26.0%.
In the June 2026 quarter, revenue grew 46.1% year on year to Rs 1,080 crore, while net profit rose 107.7% to Rs 243 crore. The company has a return on equity of 16.7%, a debt to equity ratio of 0.32 and a market capitalisation of Rs 41,847 crore. The stock trades at a P/E of 53.0, above the industry P/E of 35.1.
Roadmap: Growth is driven by specialty chemicals, contract manufacturing for global partners and new fluorination capacity. The company has also added capacity for products linked to battery and clean energy applications.
What to watch: Check the ramp-up of new capacity and the share of the contract manufacturing business in revenue.
Why PI Industries Features Among These Fluorine Chemistry and Crop Protection Stocks
Among the fluorochemical and agrochemical shares on this list, PI Industries is a Udaipur-based agrochemical and custom synthesis company. It sells crop protection products in India and manufactures complex molecules for global innovators, and it has added pharma and specialty chemistry capabilities.
Revenue rose from Rs 5,401 crore in FY22 to Rs 7,024 crore in FY26, a compound annual growth rate of 6.8%. Net profit grew from Rs 844 crore in FY22 to Rs 1,321 crore in FY26, which works out to a compound annual growth rate of 11.9%.
The company has a return on equity of 11.8%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 33,166 crore. The stock trades at a P/E of 28.5, above the industry P/E of 23.3.
Roadmap: The company is building long-term supply contracts for global customers, launching new crop protection brands and widening into pharma and other specialty areas. Strong research and plant capacity support its pipeline.
What to watch: Check the growth of custom synthesis orders and new product launches.
Why Sharda Cropchem Features Among These Fluorine Chemistry and Crop Protection Stocks
Among the three companies on this list, Sharda Cropchem is a Mumbai-based agrochemical company that registers and sells crop protection products in Europe, Latin America, North America and other regions, along with non-agro chemicals.
The company has a return on equity of 21.7%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 6,314 crore. The stock trades at a P/E of 10.1, below the industry P/E of 23.3.
Revenue rose from Rs 3,609 crore in FY22 to Rs 5,410 crore in FY26, a compound annual growth rate of 10.7%. Net profit grew from Rs 349 crore in FY22 to Rs 681 crore in FY26, which works out to a compound annual growth rate of 18.2%. In the June 2026 quarter, revenue grew 8.9% year on year to Rs 1,108 crore.
Roadmap: The company holds a large portfolio of product registrations in regulated markets, which is a barrier for new entrants. It sells through a lean, asset-light model, and carries no debt.
What to watch: Monitor the revenue mix of new registrations and the trend in global agrochemical prices.
Navin Fluorine International vs PI Industries vs Sharda Cropchem on Key Financials
The table below sets the three fluorine chemistry and crop protection stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Navin Fluorine International | 1,493 | 3,379 | 22.7% | 664 | 19.6% |
| PI Industries | 5,401 | 7,024 | 6.8% | 1,321 | 18.8% |
| Sharda Cropchem | 3,609 | 5,410 | 10.7% | 681 | 12.6% |
Sharda Cropchem posts the highest return on equity in this group at 21.7%. PI Industries has the largest FY26 revenue at Rs 7,024 crore, and Navin Fluorine International shows the fastest revenue growth with a 22.7% compound annual rate. A useful habit with fluorine chemistry and crop protection stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Fluorine Chemistry and Crop Protection Stocks
Every theme carries risks that deserve a check before any decision. For these fluorine chemistry and crop protection stocks, the main points are:
- Raw material prices. Input costs can move quickly and affect margins.
- Global demand. Export orders depend on key overseas markets.
- Compliance needs. Environmental and safety norms need steady investment.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter fluorine chemistry and crop protection stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Fluorine Chemistry and Crop Protection Stocks
Fluorine chemistry and crop protection stocks reward investors who follow product mix, approvals and capacity together. Navin Fluorine International, PI Industries and Sharda Cropchem each hold a strong niche. Based on the 22 October 2026 close, Navin Fluorine International trades at Rs 7,946.5, PI Industries at Rs 2,074.9 and Sharda Cropchem at Rs 659.6.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are fluorine chemistry and crop protection stocks?
Ans. Fluorine chemistry and crop protection stocks are listed companies that make specialty chemicals, refrigerants and agrochemicals. Their earnings depend on product mix, customer approvals and raw material costs. This list looks at three of them, Navin Fluorine International, PI Industries and Sharda Cropchem, using reported FY22 to FY26 financials and the 22 October 2026 closing prices.
Which fluorine chemistry and crop protection stocks are covered in this list?
Ans. This list covers Navin Fluorine International, PI Industries and Sharda Cropchem. Based on the 22 October 2026 close, Navin Fluorine International traded at Rs 7,946.5, PI Industries at Rs 2,074.9 and Sharda Cropchem at Rs 659.6. Their return on equity ranges from 11.8% to 21.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.8% to 22.7%.
Why do fluorine chemistry and crop protection stocks have a strong future roadmap in India?
Ans. Fluorine chemistry and crop protection stocks have a strong roadmap in India because global customers are adding Indian suppliers for complex chemistry and farmers keep adopting better crop inputs. The main drivers are as follows. Global sourcing. Customers add Indian partners for complex molecules. Speciality grades. Technical products earn better margins than commodity chemicals. Farm demand. Crop protection supports yields in a large agricultural market. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Navin Fluorine International performed financially?
Ans. Revenue rose from Rs 1,493 crore in FY22 to Rs 3,379 crore in FY26, a compound annual growth rate of 22.7%. Net profit grew from Rs 263 crore in FY22 to Rs 664 crore in FY26, which works out to a compound annual growth rate of 26.0%. In the June 2026 quarter, revenue grew 46.1% year on year to Rs 1,080 crore, while net profit rose 107.7% to Rs 243 crore. The company has a return on equity of 16.7%, a debt to equity ratio of 0.32 and a market capitalisation of Rs 41,847 crore. The stock trades at a P/E of 53.0, above the industry P/E of 35.1. Looking ahead, growth is driven by specialty chemicals, contract manufacturing for global partners and new fluorination capacity. The company has also added capacity for products linked to battery and clean energy applications.
How has PI Industries performed financially?
Ans. Revenue rose from Rs 5,401 crore in FY22 to Rs 7,024 crore in FY26, a compound annual growth rate of 6.8%. Net profit grew from Rs 844 crore in FY22 to Rs 1,321 crore in FY26, which works out to a compound annual growth rate of 11.9%. The company has a return on equity of 11.8%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 33,166 crore. The stock trades at a P/E of 28.5, above the industry P/E of 23.3. Looking ahead, the company is building long-term supply contracts for global customers, launching new crop protection brands and widening into pharma and other specialty areas. Strong research and plant capacity support its pipeline.
How has Sharda Cropchem performed financially?
Ans. Revenue rose from Rs 3,609 crore in FY22 to Rs 5,410 crore in FY26, a compound annual growth rate of 10.7%. Net profit grew from Rs 349 crore in FY22 to Rs 681 crore in FY26, which works out to a compound annual growth rate of 18.2%. In the June 2026 quarter, revenue grew 8.9% year on year to Rs 1,108 crore. The company has a return on equity of 21.7%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 6,314 crore. The stock trades at a P/E of 10.1, below the industry P/E of 23.3. Looking ahead, the company holds a large portfolio of product registrations in regulated markets, which is a barrier for new entrants. It sells through a lean, asset-light model, and carries no debt.
What risks should investors check before buying fluorine chemistry and crop protection stocks?
Ans. Investors should check a few risks before buying fluorine chemistry and crop protection stocks. Raw material prices. Input costs can move quickly and affect margins. Global demand. Export orders depend on key overseas markets. Compliance needs. Environmental and safety norms need steady investment. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of fluorine chemistry and crop protection stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 22 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.