3 Industrial Chemicals and Nitrate Producer, Crop Protection Exporter and Shrimp Feed Maker Stocks With a Strong Future Roadmap: Deepak Fertilisers, Sharda Cropchem and Avanti Feeds
- October 26, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
Deepak Fertilisers, Sharda Cropchem and Avanti Feeds: ROE of 10.8% to 21.7% and FY22 to FY26 revenue CAGR of 5.2% to 10.8%. Prices as of 23 Oct 2026.
Quick Answer
The three mining chemical, crop protection and feed stocks to watch are Deepak Fertilisers, Sharda Cropchem and Avanti Feeds. Their return on equity ranges from 10.8% to 21.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.2% to 10.8%. Sharda Cropchem has the highest return on equity at 21.7%, while Deepak Fertilisers has the fastest revenue growth at 10.8% a year. Prices are based on the 23 October 2026 close, and this article is educational, not investment advice.
Mining chemical, crop protection and feed stocks give investors a way to track businesses that sit close to everyday demand in India. Deepak Fertilisers, Sharda Cropchem and Avanti Feeds cover an industrial chemicals and nitrate producer, a crop protection exporter and a shrimp feed maker.
This list covers three mining chemical, crop protection and feed stocks with complete current figures: Deepak Fertilisers, Sharda Cropchem and Avanti Feeds. Every figure comes from the latest reported financials and the 23 October 2026 market close. Companies without complete current figures were left out.
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What Are Mining Chemical, Crop Protection and Feed Stocks?
Mining chemical, crop protection and feed stocks are listed companies that make mining and industrial chemicals, sell crop protection products overseas and supply feed to shrimp farmers. Their earnings depend on mining activity, farm seasons, shrimp demand and input costs.
Mining Chemical, Crop Protection and Feed Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Deepak Fertilisers | 1,136.5 | 14,354 | 14.6 | 33.2 | 10.8 | 0.83 |
| Sharda Cropchem | 642.6 | 6,314 | 10.1 | 23.3 | 21.7 | 0.00 |
| Avanti Feeds | 675.7 | 9,865 | 16.8 | 33.9 | 18.4 | 0.00 |
On valuation, all three trade at a P/E below their industry P/E, which means the market is pricing them at a lower multiple than their peer group. Readers comparing mining chemical, crop protection and feed stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Mining Chemical, Crop Protection and Feed Stocks Have a Strong Roadmap in India?
Mining chemical, crop protection and feed stocks have a strong roadmap in India because mining and infrastructure work needs industrial chemicals, global farms keep sourcing crop protection brands and shrimp exports continue to widen.
- Industrial chemicals. Mining and quarrying need nitrates and acids.
- Registered brands. Crop protection approvals create lasting market access.
- Aquaculture. Shrimp farming lifts feed demand.
Why Deepak Fertilisers Features Among These Mining Chemical, Crop Protection and Feed Stocks
Among the mining chemical, crop protection and feed stocks on this list, Deepak Fertilisers and Petrochemicals makes industrial chemicals such as ammonium nitrate and nitric acid for mining and industry, along with crop nutrients and fertilisers sold to farmers.
In the June 2026 quarter, revenue grew 21.6% year on year to Rs 3,262 crore, while net profit rose 101.0% to Rs 490 crore. Revenue rose from Rs 7,707 crore in FY22 to Rs 11,609 crore in FY26, a compound annual growth rate of 10.8%.
Net profit grew from Rs 468 crore in FY24 to Rs 739 crore in FY26, which works out to a compound annual growth rate of 25.7%. The company has a return on equity of 10.8%, a debt to equity ratio of 0.83 and a market capitalisation of Rs 14,354 crore. The stock trades at a P/E of 14.6, below the industry P/E of 33.2.
Roadmap: The company is expanding its chemical capacity for mining and industrial customers, which supports higher-value sales. Growing mining and infrastructure activity increases demand for its products.
What to watch: Follow mining demand, gas costs and progress on new chemical plants.
Why Sharda Cropchem Features Among These Mining Chemical, Crop Protection and Feed Stocks
Among the explosive grade nitrate company shares 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.
Why Avanti Feeds Features Among These Mining Chemical, Crop Protection and Feed Stocks
Among the three companies on this list, Avanti Feeds, based in Hyderabad, makes shrimp feed and also processes and exports shrimp, serving aquaculture farmers across India.
Revenue rose from Rs 5,118 crore in FY22 to Rs 6,276 crore in FY26, a compound annual growth rate of 5.2%. Net profit grew from Rs 245 crore in FY22 to Rs 656 crore in FY26, which works out to a compound annual growth rate of 27.9%.
In the June 2026 quarter, revenue grew 18.7% year on year to Rs 1,966 crore. The company has a return on equity of 18.4%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 9,865 crore. The stock trades at a P/E of 16.8, below the industry P/E of 33.9.
Roadmap: India’s aquaculture sector is growing, and demand for quality feed rises with it. The company has a large share of the domestic shrimp feed market and is expanding its processing and exports.
What to watch: Follow export demand and shrimp farm cycles, which affect feed volumes.
Deepak Fertilisers vs Sharda Cropchem vs Avanti Feeds on Key Financials
The table below sets the three mining chemical, crop protection and feed 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 |
|---|---|---|---|---|---|
| Deepak Fertilisers | 7,707 | 11,609 | 10.8% | 739 | 6.4% |
| Sharda Cropchem | 3,609 | 5,410 | 10.7% | 681 | 12.6% |
| Avanti Feeds | 5,118 | 6,276 | 5.2% | 656 | 10.4% |
Sharda Cropchem posts the highest return on equity in this group at 21.7%. Deepak Fertilisers combines the largest FY26 revenue at Rs 11,609 crore with the fastest revenue growth, a 10.8% compound annual rate. A useful habit with mining chemical, crop protection and feed stocks is to check each new quarterly result against the capacity plans the company described earlier.
The June 2026 quarter, the latest reported, gives a fresh read on momentum:
| Company | Q1 FY26 Revenue (Rs Cr) | Q1 FY27 Revenue (Rs Cr) | Year-on-Year Growth |
|---|---|---|---|
| Deepak Fertilisers | 2,683 | 3,262 | 21.6% |
| Sharda Cropchem | 1,017 | 1,108 | 8.9% |
| Avanti Feeds | 1,656 | 1,966 | 18.7% |
Key Risks to Check Before Investing in Mining Chemical, Crop Protection and Feed Stocks
Every theme carries risks that deserve a check before any decision. For these mining chemical, crop protection and feed stocks, the main points are: Long-term explosive grade nitrate company shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Weather. Seasons can shift farm demand.
- Trade rules. Export duties and approvals can change earnings.
- Input costs. Gas, ammonia and raw material prices influence margins.
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 mining chemical, crop protection and feed stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Mining Chemical, Crop Protection and Feed Stocks
Mining chemical, crop protection and feed stocks work best when investors track growth, valuation and return on equity side by side. Deepak Fertilisers, Sharda Cropchem and Avanti Feeds each have a clear plan to grow. Based on the 23 October 2026 close, Deepak Fertilisers trades at Rs 1,136.5, Sharda Cropchem at Rs 642.6 and Avanti Feeds at Rs 675.7. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these mining chemical, crop protection and feed stocks to a watchlist.
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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 mining chemical, crop protection and feed stocks?
Ans. Mining chemical, crop protection and feed stocks are listed companies that make mining and industrial chemicals, sell crop protection products overseas and supply feed to shrimp farmers. Their earnings depend on mining activity, farm seasons, shrimp demand and input costs. This list looks at three of them, Deepak Fertilisers, Sharda Cropchem and Avanti Feeds, using reported FY22 to FY26 financials and the 23 October 2026 closing prices.
Which mining chemical, crop protection and feed stocks are covered in this list?
Ans. This list covers Deepak Fertilisers, Sharda Cropchem and Avanti Feeds. Based on the 23 October 2026 close, Deepak Fertilisers traded at Rs 1,136.5, Sharda Cropchem at Rs 642.6 and Avanti Feeds at Rs 675.7. Their return on equity ranges from 10.8% to 21.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.2% to 10.8%.
Why do mining chemical, crop protection and feed stocks have a strong future roadmap in India?
Ans. Mining chemical, crop protection and feed stocks have a strong roadmap in India because mining and infrastructure work needs industrial chemicals, global farms keep sourcing crop protection brands and shrimp exports continue to widen. The main drivers are as follows. Industrial chemicals. Mining and quarrying need nitrates and acids. Registered brands. Crop protection approvals create lasting market access. Aquaculture. Shrimp farming lifts feed demand. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Deepak Fertilisers performed financially?
Ans. Revenue rose from Rs 7,707 crore in FY22 to Rs 11,609 crore in FY26, a compound annual growth rate of 10.8%. Net profit grew from Rs 468 crore in FY24 to Rs 739 crore in FY26, which works out to a compound annual growth rate of 25.7%. In the June 2026 quarter, revenue grew 21.6% year on year to Rs 3,262 crore, while net profit rose 101.0% to Rs 490 crore. The company has a return on equity of 10.8%, a debt to equity ratio of 0.83 and a market capitalisation of Rs 14,354 crore. The stock trades at a P/E of 14.6, below the industry P/E of 33.2. Looking ahead, the company is expanding its chemical capacity for mining and industrial customers, which supports higher-value sales. Growing mining and infrastructure activity increases demand for its products.
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.
How has Avanti Feeds performed financially?
Ans. Revenue rose from Rs 5,118 crore in FY22 to Rs 6,276 crore in FY26, a compound annual growth rate of 5.2%. Net profit grew from Rs 245 crore in FY22 to Rs 656 crore in FY26, which works out to a compound annual growth rate of 27.9%. In the June 2026 quarter, revenue grew 18.7% year on year to Rs 1,966 crore. The company has a return on equity of 18.4%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 9,865 crore. The stock trades at a P/E of 16.8, below the industry P/E of 33.9. Looking ahead, india’s aquaculture sector is growing, and demand for quality feed rises with it. The company has a large share of the domestic shrimp feed market and is expanding its processing and exports.
What risks should investors check before buying mining chemical, crop protection and feed stocks?
Ans. Investors should check a few risks before buying mining chemical, crop protection and feed stocks. Weather. Seasons can shift farm demand. Trade rules. Export duties and approvals can change earnings. Input costs. Gas, ammonia and raw material prices influence margins. 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 mining chemical, crop protection and feed stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 23 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.
