3 Diversified Chemicals Maker, Chromium Chemicals Specialist and Crop Protection Exporter Stocks With a Strong Future Roadmap: Atul, Vishnu Chemicals and Sharda Cropchem
- October 26, 2026
- Posted by: Harsh Piplani
- Category: Best Stocks
Atul, Vishnu Chemicals and Sharda Cropchem: ROE of 10.9% to 21.7% and FY22 to FY26 revenue CAGR of 5.9% to 10.9%. Prices as of 23 Oct 2026.
Quick Answer
The three chromium, crop and specialty chemical stocks to watch are Atul, Vishnu Chemicals and Sharda Cropchem. Their return on equity ranges from 10.9% to 21.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.9% to 10.9%. Sharda Cropchem has the highest return on equity at 21.7%, while Vishnu Chemicals has the fastest revenue growth at 10.9% a year. Prices are based on the 23 October 2026 close, and this article is educational, not investment advice.
Chromium, crop and specialty chemical stocks let investors follow companies that serve a growing part of the Indian economy. Atul, Vishnu Chemicals and Sharda Cropchem cover a diversified chemicals maker, a chromium chemicals specialist and a crop protection exporter.
This list covers three chromium, crop and specialty chemical stocks with complete current figures: Atul, Vishnu Chemicals and Sharda Cropchem. 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 Chromium, Crop and Specialty Chemical Stocks?
Chromium, crop and specialty chemical stocks are listed chemical companies that make intermediates, performance chemicals and crop protection products for customers in India and overseas. Their earnings depend on export demand, product mix and raw material costs.
Chromium, Crop and Specialty Chemical Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Atul | 5,576 | 17,898 | 22.1 | 35.1 | 10.9 | 0.03 |
| Vishnu Chemicals | 566.25 | 3,788 | 25.3 | 33.2 | 13.3 | 0.49 |
| Sharda Cropchem | 642.6 | 6,314 | 10.1 | 23.3 | 21.7 | 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 chromium, crop and specialty chemical stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Chromium, Crop and Specialty Chemical Stocks Have a Strong Roadmap in India?
Chromium, crop and specialty chemical stocks have a strong roadmap in India because global customers are widening their sourcing from India, and farm and industrial demand keep supporting specialty chemicals.
- Global sourcing. Overseas buyers add Indian chemical suppliers.
- Niche products. Few producers in a segment help pricing.
- Crop protection. Farm output goals support steady demand.
Why Atul Features Among These Chromium, Crop and Specialty Chemical Stocks
Among the chromium, crop and specialty chemical stocks on this list, Atul is a Gujarat-based chemical company with life science chemicals for crop protection and pharmaceuticals, and performance and other chemicals that include aromatics, colours and polymers.
Revenue rose from Rs 5,157 crore in FY22 to Rs 6,476 crore in FY26, a compound annual growth rate of 5.9%. Net profit grew from Rs 507 crore in FY23 to Rs 689 crore in FY26, which works out to a compound annual growth rate of 10.8%.
In the June 2026 quarter, revenue grew 25.1% year on year to Rs 1,881 crore, while net profit rose 91.8% to Rs 254 crore. The company has a return on equity of 10.9%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 17,898 crore. The stock trades at a P/E of 22.1, below the industry P/E of 35.1.
Roadmap: The company supplies many industries from a single integrated site and has been adding capacity in higher-value chemicals. A broad product basket across agriculture, pharma and consumer uses spreads demand.
What to watch: Check capacity additions and demand in agrochemical and pharmaceutical intermediates.
Why Vishnu Chemicals Features Among These Chromium, Crop and Specialty Chemical Stocks
Among the chemical company shares on this list, Vishnu Chemicals is a Hyderabad-based specialty chemicals maker that produces chromium and barium compounds used in leather, pigments, cement and industrial applications for customers in India and abroad.
In the June 2026 quarter, revenue grew 26.9% year on year to Rs 446 crore, while net profit rose 23.0% to Rs 39.6 crore. Revenue rose from Rs 1,075 crore in FY22 to Rs 1,626 crore in FY26, a compound annual growth rate of 10.9%.
Net profit grew from Rs 81.4 crore in FY22 to Rs 142 crore in FY26, which works out to a compound annual growth rate of 15.0%. The company has a return on equity of 13.3%, a debt to equity ratio of 0.49 and a market capitalisation of Rs 3,788 crore. The stock trades at a P/E of 25.3, below the industry P/E of 33.2.
Roadmap: The company is expanding capacity for chromium chemicals and moving into higher-value products, which supports export demand. Its position in a niche segment with few producers helps it hold pricing.
What to watch: Track export demand, capacity additions and raw material costs.
Why Sharda Cropchem Features Among These Chromium, Crop and Specialty Chemical 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.
Atul vs Vishnu Chemicals vs Sharda Cropchem on Key Financials
The table below sets the three chromium, crop and specialty chemical 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 |
|---|---|---|---|---|---|
| Atul | 5,157 | 6,476 | 5.9% | 689 | 10.6% |
| Vishnu Chemicals | 1,075 | 1,626 | 10.9% | 142 | 8.8% |
| 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%. Atul has the largest FY26 revenue at Rs 6,476 crore, and Vishnu Chemicals shows the fastest revenue growth with a 10.9% compound annual rate. A useful habit with chromium, crop and specialty chemical 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 |
|---|---|---|---|
| Atul | 1,504 | 1,881 | 25.1% |
| Vishnu Chemicals | 352 | 446 | 26.9% |
| Sharda Cropchem | 1,017 | 1,108 | 8.9% |
Key Risks to Check Before Investing in Chromium, Crop and Specialty Chemical Stocks
Every theme carries risks that deserve a check before any decision. For these chromium, crop and specialty chemical stocks, the main points are: Long-term chemical company shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Raw material costs. Input prices can change margins.
- Export demand. Overseas conditions affect orders.
- Regulation. Environmental rules can change costs.
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 chromium, crop and specialty chemical stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Chromium, Crop and Specialty Chemical Stocks
Chromium, crop and specialty chemical stocks reward investors who follow demand trends, order books and margins together. Atul, Vishnu Chemicals and Sharda Cropchem each have a clear plan to widen their reach. Based on the 23 October 2026 close, Atul trades at Rs 5,576, Vishnu Chemicals at Rs 566.25 and Sharda Cropchem at Rs 642.6.
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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 chromium, crop and specialty chemical stocks?
Ans. Chromium, crop and specialty chemical stocks are listed chemical companies that make intermediates, performance chemicals and crop protection products for customers in India and overseas. Their earnings depend on export demand, product mix and raw material costs. This list looks at three of them, Atul, Vishnu Chemicals and Sharda Cropchem, using reported FY22 to FY26 financials and the 23 October 2026 closing prices.
Which chromium, crop and specialty chemical stocks are covered in this list?
Ans. This list covers Atul, Vishnu Chemicals and Sharda Cropchem. Based on the 23 October 2026 close, Atul traded at Rs 5,576, Vishnu Chemicals at Rs 566.25 and Sharda Cropchem at Rs 642.6. Their return on equity ranges from 10.9% to 21.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.9% to 10.9%.
Why do chromium, crop and specialty chemical stocks have a strong future roadmap in India?
Ans. Chromium, crop and specialty chemical stocks have a strong roadmap in India because global customers are widening their sourcing from India, and farm and industrial demand keep supporting specialty chemicals. The main drivers are as follows. Global sourcing. Overseas buyers add Indian chemical suppliers. Niche products. Few producers in a segment help pricing. Crop protection. Farm output goals support steady demand. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Atul performed financially?
Ans. Revenue rose from Rs 5,157 crore in FY22 to Rs 6,476 crore in FY26, a compound annual growth rate of 5.9%. Net profit grew from Rs 507 crore in FY23 to Rs 689 crore in FY26, which works out to a compound annual growth rate of 10.8%. In the June 2026 quarter, revenue grew 25.1% year on year to Rs 1,881 crore, while net profit rose 91.8% to Rs 254 crore. The company has a return on equity of 10.9%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 17,898 crore. The stock trades at a P/E of 22.1, below the industry P/E of 35.1. Looking ahead, the company supplies many industries from a single integrated site and has been adding capacity in higher-value chemicals. A broad product basket across agriculture, pharma and consumer uses spreads demand.
How has Vishnu Chemicals performed financially?
Ans. Revenue rose from Rs 1,075 crore in FY22 to Rs 1,626 crore in FY26, a compound annual growth rate of 10.9%. Net profit grew from Rs 81.4 crore in FY22 to Rs 142 crore in FY26, which works out to a compound annual growth rate of 15.0%. In the June 2026 quarter, revenue grew 26.9% year on year to Rs 446 crore, while net profit rose 23.0% to Rs 39.6 crore. The company has a return on equity of 13.3%, a debt to equity ratio of 0.49 and a market capitalisation of Rs 3,788 crore. The stock trades at a P/E of 25.3, below the industry P/E of 33.2. Looking ahead, the company is expanding capacity for chromium chemicals and moving into higher-value products, which supports export demand. Its position in a niche segment with few producers helps it hold pricing.
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 chromium, crop and specialty chemical stocks?
Ans. Investors should check a few risks before buying chromium, crop and specialty chemical stocks. Raw material costs. Input prices can change margins. Export demand. Overseas conditions affect orders. Regulation. Environmental rules can change costs. 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 chromium, crop and specialty chemical 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.
