3 Biscuits and Bakery Company, Agrochemicals Company and Water Treatment Company Stocks With a Strong Future Roadmap: Britannia Industries, Sharda Cropchem and VA Tech Wabag
- November 13, 2026
- Posted by: Lakshit Sharma
- Category: Best Stocks
Britannia Industries, Sharda Cropchem and VA Tech Wabag: ROE of 14.4% to 49.6% and FY22 to FY26 revenue CAGR of 7.6% to 10.7%. Prices as of 12 Nov 2026.
Quick Answer
The three biscuit, agrochemical and water treatment stocks to watch are Britannia Industries, Sharda Cropchem and VA Tech Wabag. Their return on equity ranges from 14.4% to 49.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.6% to 10.7%. Britannia Industries has the highest return on equity at 49.6%, while Sharda Cropchem has the fastest revenue growth at 10.7% a year. Prices are based on the 12 November 2026 close, and this article is educational, not investment advice.
Biscuit, agrochemical and water treatment stocks give investors a way to track businesses that sit close to everyday demand in India. Britannia Industries, Sharda Cropchem and VA Tech Wabag cover a biscuits and bakery company, an agrochemicals company and a water treatment company.
This list covers three biscuit, agrochemical and water treatment stocks with complete current figures: Britannia Industries, Sharda Cropchem and VA Tech Wabag. Every figure comes from the latest reported financials and the 12 November 2026 market close. Companies without complete current figures were left out.
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What Are Biscuit, Agrochemical and Water Treatment Stocks?
Biscuit, agrochemical and water treatment stocks are listed companies that sell biscuits, bread, cakes and dairy products, register and sell crop protection products across global markets, and design and build water and wastewater treatment plants. Their earnings depend on food demand, farm input demand and water project orders.
Biscuit, Agrochemical and Water Treatment Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Britannia Industries | 4,796.9 | 113,329 | 43.4 | 33.9 | 49.6 | 0.27 |
| Sharda Cropchem | 742.3 | 6,314 | 10.1 | 23.3 | 21.7 | 0.00 |
| VA Tech Wabag | 2,080.6 | 11,717 | 29.7 | 22.7 | 14.4 | 0.09 |
On valuation, Sharda Cropchem trades at a P/E below the industry P/E, while Britannia Industries and VA Tech Wabag trade above it, which reflects the growth the market already expects. Readers comparing biscuit, agrochemical and water treatment stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain. With the Q2 FY27 results season close, investors in biscuit, agrochemical and water treatment stocks can use the coming numbers to test whether growth is holding.
Why Do Biscuit, Agrochemical and Water Treatment Stocks Have a Strong Roadmap in India?
Biscuit, agrochemical and water treatment stocks have a strong roadmap in India because steady demand for packaged food, growing use of crop care products and heavy spending on clean water projects keep widening the market for these companies.
- Biscuits. Households buy trusted food brands.
- Agrochemicals. Farmers need reliable crop protection.
- Water treatment. Cities need clean water.
Why Britannia Industries Features Among These Biscuit, Agrochemical and Water Treatment Stocks
Among the biscuit, agrochemical and water treatment stocks on this list, Britannia Industries is one of India’s leading food companies, making biscuits, bread, cakes, rusk and dairy products under brands such as Good Day, Marie Gold, Tiger and NutriChoice.
In the June 2026 quarter, revenue grew 8.2% year on year to Rs 5,061 crore, while net profit rose 14.1% to Rs 593 crore. Revenue rose from Rs 14,359 crore in FY22 to Rs 19,376 crore in FY26, a compound annual growth rate of 7.8%.
Net profit grew from Rs 1,516 crore in FY22 to Rs 2,537 crore in FY26, which works out to a compound annual growth rate of 13.7%. The company has a return on equity of 49.6%, a debt to equity ratio of 0.27 and a market capitalisation of Rs 113,329 crore. The stock trades at a P/E of 43.4, above the industry P/E of 33.9.
Roadmap: The company sells through a vast distribution network that reaches millions of outlets and is widening into croissants, cakes and adjacent categories. Investments in new factories and premium products add to its reach.
What to watch: Check the growth in the premium and adjacent categories and wheat and edible oil prices.
Why Sharda Cropchem Features Among These Biscuit, Agrochemical and Water Treatment Stocks
Among the bakery brand, crop protection and desalination 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 VA Tech Wabag Features Among These Biscuit, Agrochemical and Water Treatment Stocks
Among the three companies on this list, VA Tech Wabag designs, builds and operates water and wastewater treatment plants, including desalination and recycling plants, for municipal and industrial customers in India and abroad.
Revenue rose from Rs 3,012 crore in FY22 to Rs 4,038 crore in FY26, a compound annual growth rate of 7.6%. Net profit grew from Rs 132 crore in FY22 to Rs 370 crore in FY26, which works out to a compound annual growth rate of 29.4%.
In the June 2026 quarter, revenue grew 26.0% year on year to Rs 939 crore, while net profit rose 36.9% to Rs 90.1 crore. The company has a return on equity of 14.4%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 11,717 crore. The stock trades at a P/E of 29.7, above the industry P/E of 22.7.
Roadmap: Government missions for drinking water supply and sewage treatment, along with industrial water reuse, feed a long project pipeline. Operation and maintenance contracts add recurring revenue, and international orders widen the customer base.
What to watch: Monitor the order book, the share of operation and maintenance contracts and working capital cycles on large projects.
Britannia Industries vs Sharda Cropchem vs VA Tech Wabag on Key Financials
The table below sets the three biscuit, agrochemical and water treatment 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 |
|---|---|---|---|---|---|
| Britannia Industries | 14,359 | 19,376 | 7.8% | 2,537 | 13.1% |
| Sharda Cropchem | 3,609 | 5,410 | 10.7% | 681 | 12.6% |
| VA Tech Wabag | 3,012 | 4,038 | 7.6% | 370 | 9.2% |
Britannia Industries posts the highest return on equity in this group at 49.6%. Britannia Industries has the largest FY26 revenue at Rs 19,376 crore, and Sharda Cropchem shows the fastest revenue growth with a 10.7% compound annual rate. A useful habit with biscuit, agrochemical and water treatment stocks is to check each new quarterly result against the capacity plans the company described earlier. Many investors spread money across several packaged foods, pesticide and water plant stocks instead of one name, which keeps a single result from deciding the outcome.
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 |
|---|---|---|---|
| Britannia Industries | 4,679 | 5,061 | 8.2% |
| Sharda Cropchem | 1,017 | 1,108 | 8.9% |
| VA Tech Wabag | 745 | 939 | 26.0% |
Key Risks to Check Before Investing in Biscuit, Agrochemical and Water Treatment Stocks
Every theme carries risks that deserve a check before any decision. For these biscuit, agrochemical and water treatment stocks, the main points are: Long-term bakery brand, crop protection and desalination shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Raw material costs. Ingredient and packaging prices can move margins.
- Season and monsoon. Crop protection sales follow rain and pest cycles.
- Government spending. Public project funding can shift between periods.
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 biscuit, agrochemical and water treatment stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Biscuit, Agrochemical and Water Treatment Stocks
Biscuit, agrochemical and water treatment stocks work best when investors track growth, valuation and return on equity side by side. Britannia Industries, Sharda Cropchem and VA Tech Wabag each have a clear plan to grow. Based on the 12 November 2026 close, Britannia Industries trades at Rs 4,796.9, Sharda Cropchem at Rs 742.3 and VA Tech Wabag at Rs 2,080.6. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these biscuit, agrochemical and water treatment 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 biscuit, agrochemical and water treatment stocks?
Ans. Biscuit, agrochemical and water treatment stocks are listed companies that sell biscuits, bread, cakes and dairy products, register and sell crop protection products across global markets, and design and build water and wastewater treatment plants. Their earnings depend on food demand, farm input demand and water project orders. This list looks at three of them, Britannia Industries, Sharda Cropchem and VA Tech Wabag, using reported FY22 to FY26 financials and the 12 November 2026 closing prices.
Which biscuit, agrochemical and water treatment stocks are covered in this list?
Ans. This list covers Britannia Industries, Sharda Cropchem and VA Tech Wabag. Based on the 12 November 2026 close, Britannia Industries traded at Rs 4,796.9, Sharda Cropchem at Rs 742.3 and VA Tech Wabag at Rs 2,080.6. Their return on equity ranges from 14.4% to 49.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.6% to 10.7%.
Why do biscuit, agrochemical and water treatment stocks have a strong future roadmap in India?
Ans. Biscuit, agrochemical and water treatment stocks have a strong roadmap in India because steady demand for packaged food, growing use of crop care products and heavy spending on clean water projects keep widening the market for these companies. The main drivers are as follows. Biscuits. Households buy trusted food brands. Agrochemicals. Farmers need reliable crop protection. Water treatment. Cities need clean water. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Britannia Industries performed financially?
Ans. Revenue rose from Rs 14,359 crore in FY22 to Rs 19,376 crore in FY26, a compound annual growth rate of 7.8%. Net profit grew from Rs 1,516 crore in FY22 to Rs 2,537 crore in FY26, which works out to a compound annual growth rate of 13.7%. In the June 2026 quarter, revenue grew 8.2% year on year to Rs 5,061 crore, while net profit rose 14.1% to Rs 593 crore. The company has a return on equity of 49.6%, a debt to equity ratio of 0.27 and a market capitalisation of Rs 113,329 crore. The stock trades at a P/E of 43.4, above the industry P/E of 33.9. Looking ahead, the company sells through a vast distribution network that reaches millions of outlets and is widening into croissants, cakes and adjacent categories. Investments in new factories and premium products add to its reach.
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 VA Tech Wabag performed financially?
Ans. Revenue rose from Rs 3,012 crore in FY22 to Rs 4,038 crore in FY26, a compound annual growth rate of 7.6%. Net profit grew from Rs 132 crore in FY22 to Rs 370 crore in FY26, which works out to a compound annual growth rate of 29.4%. In the June 2026 quarter, revenue grew 26.0% year on year to Rs 939 crore, while net profit rose 36.9% to Rs 90.1 crore. The company has a return on equity of 14.4%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 11,717 crore. The stock trades at a P/E of 29.7, above the industry P/E of 22.7. Looking ahead, government missions for drinking water supply and sewage treatment, along with industrial water reuse, feed a long project pipeline. Operation and maintenance contracts add recurring revenue, and international orders widen the customer base.
What risks should investors check before buying biscuit, agrochemical and water treatment stocks?
Ans. Investors should check a few risks before buying biscuit, agrochemical and water treatment stocks. Raw material costs. Ingredient and packaging prices can move margins. Season and monsoon. Crop protection sales follow rain and pest cycles. Government spending. Public project funding can shift between periods. 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 biscuit, agrochemical and water treatment stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 12 November 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.