Top Agrochemical Stocks Compared: UPL vs PI Industries vs Sumitomo Chemical India vs Dhanuka Agritech vs Sharda Cropchem on Price, Valuation, Q2 FY27 Results and Risks
- November 10, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
Previous close: UPL Rs 533.80, PI Industries Rs 1,750.70, Sumitomo Chemical India Rs 341.90, Dhanuka Agritech Rs 930.40, Sharda Cropchem Rs 688.10.
Quick Answer
This agrochemical stocks compared snapshot checks five names on price, valuation and Q2 FY27 results: UPL, PI Industries, Sumitomo Chemical India, Dhanuka Agritech and Sharda Cropchem. UPL is the largest by market capitalisation at Rs 45,655 crore. Sharda Cropchem reports the highest return on equity at 19.80%. Export orders and the monsoon drive agrochemical earnings, so read each multiple next to where those stand.
Agrochemical stocks compared here means UPL, PI Industries, Sumitomo Chemical India, Dhanuka Agritech and Sharda Cropchem on one page, checked on previous close, market value, valuation and the latest quarterly numbers. All five sell crop protection products, but they differ in how much they earn from exports, branded sales in India and contract manufacturing, which is exactly why a side-by-side look helps.
All five agrochemical companies have filed their September 2026 quarter, so every result below is Q2 FY27. Agrochemical demand follows the monsoon and crop cycles, so a glance at the BSE 500 page and the Sensex page before you read the tables gives useful backdrop.
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Agrochemical Stocks Compared: Five Crop Protection Names
The agrochemical stocks compared here are UPL, PI Industries, Sumitomo Chemical India, Dhanuka Agritech and Sharda Cropchem. UPL is the largest by market capitalisation at Rs 45,655 crore. Previous closes run from Rs 341.90 for Sumitomo Chemical India to Rs 1,750.70 for PI Industries, which is why a side-by-side look at value rather than price is more useful. This agrochemical stocks compared list is the base for every table that follows.
| Stock | Previous close (Rs) | Market cap (Rs crore) |
|---|---|---|
| UPL | 533.80 | 45,655 |
| PI Industries | 1,750.70 | 25,944 |
| Sumitomo Chemical India | 341.90 | 16,946 |
| Dhanuka Agritech | 930.40 | 4,085 |
| Sharda Cropchem | 688.10 | 6,230 |
A quick look at the business behind each ticker puts the numbers in context. UPL is a global agriculture company that sells crop protection products and seeds in many countries, while PI Industries makes agrochemicals and also runs a custom manufacturing business for global clients. Sumitomo Chemical India sells crop protection and household insecticide products and is backed by Japan’s Sumitomo Chemical, and Dhanuka Agritech sells herbicides, insecticides and fungicides to farmers across the country. To compare agrochemical stocks properly, line up price to earnings, return on equity and dividend yield before forming a view.
Rounding out the group, Sharda Cropchem registers and sells generic crop protection products across many countries. A fair agrochemical stock comparison looks at what each company actually earns from, not only at the share price. Global sellers, custom manufacturers and domestic brands belong in separate mental boxes whenever you compare agrochemical stocks fairly.
Agrochemical Stocks Valuation: Multiples, Returns and Payouts
Sharda Cropchem trades at the lowest price to earnings ratio in this group at 9.68. It also reports the highest return on equity at 19.80%. UPL has the lowest price to book value at 1.31. These agrochemical stocks valuation readings come from the previous close and the latest reported financials. That is the idea behind this agrochemical stocks compared table: price to earnings and return on equity sit side by side so a high or low reading stands out at once.
| Stock | Price to earnings | Price to book | ROE (%) | Dividend yield (%) | Debt to equity |
|---|---|---|---|---|---|
| UPL | 21.11 | 1.31 | 5.42 | 1.11 | 0.98 |
| PI Industries | 29.55 | 2.26 | 7.66 | 0.88 | 0.03 |
| Sumitomo Chemical India | 30.31 | 4.58 | 15.12 | 0.38 | 0.02 |
| Dhanuka Agritech | 14.42 | 2.34 | 16.21 | 0.22 | 0.02 |
| Sharda Cropchem | 9.68 | 1.92 | 19.80 | 2.17 | 0.01 |
Agrochemical stocks usually trade at mid-range to premium price to earnings multiples when export orders and new product launches are strong. Return on equity and dividend yield help you judge how well each company converts farm input demand into shareholder returns. Earnings per share and book value per share are the building blocks behind price to earnings and price to book, so a glance at both in each filing is time well spent. A simple agrochemical stock comparison like this one is only as useful as the context behind it, which is why dividend yield is worth checking as well.
In this group, price to earnings runs from 9.68 for Sharda Cropchem to 30.31 for Sumitomo Chemical India. Sharda Cropchem offers the highest dividend yield at 2.17%. Industry price to earnings readings differ by sub-sector: UPL, PI Industries, Sumitomo Chemical India and Sharda Cropchem at 23.05; Dhanuka Agritech at 26.19. The industry price to earnings is a handy anchor: an agrochemical stock above it is priced for faster growth, and one below it is priced for steadier earnings. A well-built agrochemical stock comparison also notes that the monsoon can move volumes between quarters. Run the same agrochemical stock comparison on your own watchlist and the pattern in these numbers will be easier to spot.
Agrochemical Stocks Q2 FY27 Results: Revenue and Profit Check
All of the five agrochemical stocks compared have filed Q2 FY27 numbers. Sharda Cropchem posted the fastest revenue growth at 14.4% year on year. Sharda Cropchem showed the sharpest rise in net profit at 23.4%. Read revenue first and quarterly profit second, since the two together show how much of the growth reaches shareholders. Treat the Q2 FY27 numbers in this agrochemical stocks compared review as a snapshot of one quarter, not a verdict on any agrochemical company.
| Stock | Q2 FY27 revenue (Rs crore) | Q2 FY26 revenue (Rs crore) | Q2 FY27 net profit (Rs crore) | Q2 FY26 net profit (Rs crore) |
|---|---|---|---|---|
| UPL | 12,046 | 12,269 | ||
| PI Industries | 1,763 | 1,955 | ||
| Sumitomo Chemical India | 950.9 | 968.6 | ||
| Dhanuka Agritech | 666.7 | 604.6 | 109.2 | 94.0 |
| Sharda Cropchem | 1,096 | 958.5 | 91.7 | 74.4 |
UPL Results Snapshot
UPL reported Q2 FY27 revenue of Rs 12,046 crore for the September 2026 quarter.
PI Industries Results Snapshot
For the September 2026 quarter, PI Industries booked revenue of Rs 1,763 crore.
Sumitomo Chemical India Results Snapshot
Sumitomo Chemical India’s Q2 FY27 top line stood at Rs 950.9 crore.
Dhanuka Agritech Results Snapshot
Dhanuka Agritech reported Q2 FY27 revenue of Rs 666.7 crore, compared with Rs 604.6 crore a year earlier, a rise of 10.3%. Net profit rose 16.2% to Rs 109.2 crore from Rs 94.0 crore. Operating margin expanded to 24.7% from 23.9% a year ago. Earnings per share for the quarter rose to Rs 24.43 from Rs 20.85.
Sharda Cropchem Results Snapshot
In the September 2026 quarter, Sharda Cropchem booked revenue of Rs 1,096 crore against Rs 958.5 crore in the same quarter last year, a rise of 14.4%. Net profit rose 23.4% to Rs 91.7 crore from Rs 74.4 crore. Operating margin expanded to 19.9% from 17.5% a year ago. Earnings per share for the quarter rose to Rs 10.17 from Rs 8.24.
Agrochemical results depend on monsoon timing, channel inventory in India and export demand, so profit can look different from revenue in a single quarter. That is why an agrochemical stock comparison works best when revenue and profit are read together across two or three quarters. Used this way, an agrochemical stocks compared review becomes a map of the sector rather than a price list. When you compare agrochemical stocks after each result season, track how dividend yield changes from one quarter to the next.
Agrochemical Stocks Compared Two at a Time: Three Pairings
Readers rarely want a five-way table and nothing else, so here are three head-to-head reads drawn from the same data. Use them as a quick way to compare agrochemical stocks two at a time.
UPL vs PI Industries
UPL and PI Industries are two of the biggest names in crop protection, with UPL selling through a global network and PI also running a contract manufacturing business for global clients. UPL is about 1.8 times the size of PI Industries by market capitalisation, at Rs 45,655 crore against Rs 25,944 crore. On price to earnings, UPL carries the lower multiple at 21.11 against 29.55 for PI Industries. PI Industries reports the higher return on equity, at 7.66% against 5.42% for UPL. A global seller and a custom manufacturer are priced differently, so read the business mix before you read the ratio.
Sumitomo Chemical India vs Dhanuka Agritech
Sumitomo Chemical India and Dhanuka Agritech both sell branded products to Indian farmers, with Sumitomo backed by its Japanese parent. On price to earnings, Dhanuka Agritech carries the lower multiple at 14.42 against 30.31 for Sumitomo Chemical India. Dhanuka Agritech reports the higher return on equity, at 16.21% against 15.12% for Sumitomo Chemical India. For dividend income, Sumitomo Chemical India offers 0.38% against 0.22% at Dhanuka Agritech. Both depend on the Indian farm season, so read valuation next to returns before you judge either multiple.
Sharda Cropchem vs UPL
Sharda Cropchem sells generic crop protection products abroad, while UPL runs a worldwide network that also includes seeds. UPL is about 7.3 times the size of Sharda Cropchem by market capitalisation, at Rs 45,655 crore against Rs 6,230 crore. Sharda Cropchem reports the higher return on equity, at 19.80% against 5.42% for UPL. For dividend income, Sharda Cropchem offers 2.17% against 1.11% at UPL. Two export-oriented models can still look very different, so read the numbers with the business in mind.
Best Agrochemical Stocks for Each Type of Investor
People who ask for the best agrochemical stocks often have very different goals, so here is who leads on each measure today, row by row. Any agrochemical stocks compared table can mislead if you stop at one row, because each agrochemical company leads on a different measure.
| If you care most about | Start your research with | The number |
|---|---|---|
| Lowest price to earnings | Sharda Cropchem | 9.68 |
| Highest return on equity | Sharda Cropchem | 19.80% |
| Highest dividend yield | Sharda Cropchem | 2.17% |
| Lowest price to book value | UPL | 1.31 |
| Largest by market capitalisation | UPL | Rs 45,655 crore |
| Fastest Q2 FY27 revenue growth | Sharda Cropchem | 14.4% |
| Sharpest Q2 FY27 net profit rise | Sharda Cropchem | 23.4% |
No single name tops every row, which is exactly why an agrochemical stock comparison helps. Growth, returns, payouts and valuation each point to a different company, so decide what matters most to you before you rank the numbers.
What Is Driving Demand for Agrochemicals Right Now?
India feeds a large population from a limited area of farmland, so farmers rely on crop protection products to protect yields. A good monsoon, firm crop prices and wider use of newer molecules help keep volumes healthy. Knowing what moves the monsoon and export demand helps you compare agrochemical stocks with the right questions in mind.
Export orders, new product launches and the pass-through of raw material costs shape profit. Companies with a global presence or a custom manufacturing business can earn from overseas demand as well as Indian farm demand. A good agrochemical stocks compared routine therefore tracks monsoon progress, channel inventory, export orders and raw material costs.
Risks to Weigh When You Compare Agrochemical Stocks
Agrochemical stocks depend on the monsoon, channel inventory, raw material prices and competition from imports. Export demand can also change quickly. Read each filing for monsoon, inventory and export commentary before you compare them. Every agrochemical stock comparison has blind spots, and for this group the biggest is the monsoon and export demand.
Because monsoon progress, channel inventory, export orders and raw material costs drive these businesses, the most useful habit is to read the management commentary that comes with every result and note what is expected for the next quarter. Read together, the risk notes and the tables make this agrochemical stocks compared guide a balanced starting point.
How to Compare Agrochemical Stocks and Build a Shortlist
Start by deciding whether you want a global seller, a custom manufacturer or a domestic brand, because each responds to different triggers. Domestic names reward readers who track the monsoon, while export-led names reward those who track overseas orders. Done step by step, this agrochemical stocks compared routine becomes repeatable rather than a one-off exercise.
Then check valuation and payouts, because dividend yield differs widely across the group. Spreading your attention across one global name and one domestic brand is a simple way to see both sides of the sector. Keep the shortlist of best agrochemical stocks short enough that you can actually follow each company’s quarterly results.
The Univest stock screener lets you filter agrochemical stocks by market capitalisation, return on equity and price to earnings, and the app keeps live prices a tap away through the trading day. Come back to this agrochemical stocks compared page after the next set of results to see which numbers have moved.
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Conclusion: Agrochemical Stocks Compared at a Glance
This agrochemical stocks compared review on price, valuation and Q2 FY27 results shows that no single name wins every measure. UPL leads on size and Sharda Cropchem leads on return on equity, while the others bring their own strengths. Treat the agrochemical stocks Q2 FY27 results and agrochemical stocks valuation tables as a research starting point, then check the filings and speak to a SEBI-registered advisor before you invest. If you plan to compare agrochemical stocks again next quarter, the same checklist of price to earnings, return on equity and dividend yield will work.
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).
Frequently Asked Questions on Agrochemical Stocks Compared
Which are the top agrochemical stocks compared in this article?
Ans. The agrochemical stocks compared in this article are UPL, PI Industries, Sumitomo Chemical India, Dhanuka Agritech and Sharda Cropchem. They are checked on previous close, market capitalisation, price to earnings, price to book, return on equity and the latest quarterly results, giving you a quick, even-handed view of the group ahead of any detailed filing review.
Which agrochemical stock has the highest market capitalisation?
Ans. Among the five names, UPL has the highest market capitalisation at Rs 45,655 crore. PI Industries follows at Rs 25,944 crore. The figure reflects what the market is paying for the whole company today, and it will change as prices move, so refresh it before you decide.
Which of these agrochemical stocks has the lowest price to earnings ratio?
Ans. On agrochemical stocks valuation, Sharda Cropchem has the lowest price to earnings ratio among these agrochemical stocks at 9.68, based on the latest reported earnings. Sumitomo Chemical India sits at the other end at 30.31. The lowest ratio is not a verdict on the stock, since earnings growth and quality decide whether a multiple is fair.
Which agrochemical stock has the highest return on equity?
Ans. Sharda Cropchem reports the highest return on equity in this group at 19.80%. A higher return on equity points to a company that turns shareholder funds into profit efficiently. Check the trend over time and the debt level before leaning on a single reading.
How did agrochemical stocks perform in Q2 FY27 results?
Ans. All of the five names have filed Q2 FY27 numbers in our data. Sharda Cropchem recorded the fastest revenue growth at 14.4% year on year. Sharda Cropchem showed the sharpest net profit rise at 23.4%. For agrochemical stocks Q2 FY27 results, each filing on the exchange website carries the full detail behind these figures.
What are the main risks when you compare agrochemical stocks?
Ans. Agrochemical stocks depend on the monsoon, channel inventory, raw material prices and competition from imports. Export demand can also change quickly. Read each filing for monsoon, inventory and export commentary before you compare them. Keep an eye on monsoon progress, channel inventory, export orders and raw material costs.
Which metrics matter most when you compare agrochemical stocks?
Ans. Revenue growth, operating margin, export share and the pace of new product launches matter most for operating performance. Price to earnings, return on equity, dividend yield and debt to equity show how the market values each company. Read each company’s filing for these along with the numbers in this article.
Which is the best agrochemical stock to buy among these five?
Ans. The best agrochemical stock depends on whether you value a global network, contract manufacturing or a domestic farm brand, because the five names differ on all three. On the numbers in this article, UPL has the largest market capitalisation; Sharda Cropchem has the lowest price to earnings, the highest return on equity and the highest dividend yield. The leaders change from row to row, so no stock stands out on everything, and this article is not advice. Shortlist from the tables, verify with the latest filings, and consult a SEBI-registered advisor, since time horizon and risk appetite matter most.
