{"id":321150,"date":"2026-10-21T16:08:15","date_gmt":"2026-10-21T10:38:15","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=321150"},"modified":"2026-10-21T16:08:15","modified_gmt":"2026-10-21T10:38:15","slug":"food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/","title":{"rendered":"3 Food Additives, Agrochemical Marketer and Phosphate Fertiliser Stocks With a Strong Future Roadmap: Fine Organic Industries, Sharda Cropchem and Paradeep Phosphates"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Fine Organic Industries, Sharda Cropchem and Paradeep Phosphates: ROE of 14.7% to 21.7% and FY22 to FY26 revenue CAGR of 6.8% to 29.1%. Prices as of 20 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three agri-input and additive stocks to watch are Fine Organic Industries, Sharda Cropchem and Paradeep Phosphates. Their return on equity ranges from 14.7% to 21.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.8% to 29.1%. Sharda Cropchem has the highest return on equity at 21.7%, while Paradeep Phosphates has the fastest revenue growth at 29.1% a year. Prices are based on the 20 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Agri-input and additive stocks follow the chemicals that help crops grow and make food and plastics work better. Fine Organic Industries, Sharda Cropchem and Paradeep Phosphates cover oleochemical-based additives, crop protection products and phosphatic fertilisers.<\/p>\n<p>This list covers three agri-input and additive stocks with complete current figures: Fine Organic Industries, Sharda Cropchem and Paradeep Phosphates. Every figure comes from the latest reported financials and the 20 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#What_Are_Agri-input_and_Additive_Stocks\" title=\"What Are Agri-input and Additive Stocks?\">What Are Agri-input and Additive Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#Agri-input_and_Additive_Stocks_at_a_Glance\" title=\"Agri-input and Additive Stocks at a Glance\">Agri-input and Additive Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#Why_Do_Agri-input_and_Additive_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Agri-input and Additive Stocks Have a Strong Roadmap in India?\">Why Do Agri-input and Additive Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#Why_Fine_Organic_Industries_Features_Among_These_Agri-input_and_Additive_Stocks\" title=\"Why Fine Organic Industries Features Among These Agri-input and Additive Stocks\">Why Fine Organic Industries Features Among These Agri-input and Additive Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#Why_Sharda_Cropchem_Features_Among_These_Agri-input_and_Additive_Stocks\" title=\"Why Sharda Cropchem Features Among These Agri-input and Additive Stocks\">Why Sharda Cropchem Features Among These Agri-input and Additive Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#Why_Paradeep_Phosphates_Features_Among_These_Agri-input_and_Additive_Stocks\" title=\"Why Paradeep Phosphates Features Among These Agri-input and Additive Stocks\">Why Paradeep Phosphates Features Among These Agri-input and Additive Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#Fine_Organic_Industries_vs_Sharda_Cropchem_vs_Paradeep_Phosphates_on_Key_Financials\" title=\"Fine Organic Industries vs Sharda Cropchem vs Paradeep Phosphates on Key Financials\">Fine Organic Industries vs Sharda Cropchem vs Paradeep Phosphates on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#Key_Risks_to_Check_Before_Investing_in_Agri-input_and_Additive_Stocks\" title=\"Key Risks to Check Before Investing in Agri-input and Additive Stocks\">Key Risks to Check Before Investing in Agri-input and Additive Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#Final_Thoughts_on_Agri-input_and_Additive_Stocks\" title=\"Final Thoughts on Agri-input and Additive Stocks\">Final Thoughts on Agri-input and Additive Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#What_are_agri-input_and_additive_stocks\" title=\"What are agri-input and additive stocks?\">What are agri-input and additive stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#Which_agri-input_and_additive_stocks_are_covered_in_this_list\" title=\"Which agri-input and additive stocks are covered in this list?\">Which agri-input and additive stocks are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#Why_do_agri-input_and_additive_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do agri-input and additive stocks have a strong future roadmap in India?\">Why do agri-input and additive stocks have a strong future roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#How_has_Fine_Organic_Industries_performed_financially\" title=\"How has Fine Organic Industries performed financially?\">How has Fine Organic Industries performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#How_has_Sharda_Cropchem_performed_financially\" title=\"How has Sharda Cropchem performed financially?\">How has Sharda Cropchem performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#How_has_Paradeep_Phosphates_performed_financially\" title=\"How has Paradeep Phosphates performed financially?\">How has Paradeep Phosphates performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#What_risks_should_investors_check_before_buying_agri-input_and_additive_stocks\" title=\"What risks should investors check before buying agri-input and additive stocks?\">What risks should investors check before buying agri-input and additive stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-roadmap-ascent-list\/#Is_this_list_of_agri-input_and_additive_stocks_investment_advice\" title=\"Is this list of agri-input and additive stocks investment advice?\">Is this list of agri-input and additive stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Agri-input_and_Additive_Stocks\"><\/span><strong>What Are Agri-input and Additive Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Agri-input and additive stocks are listed companies that make specialty additives, register and sell crop protection products or produce fertilisers. Their earnings depend on volumes, approvals, farm demand and input costs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Agri-input_and_Additive_Stocks_at_a_Glance\"><\/span><strong>Agri-input and Additive Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE (%)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/fineorg\/fine-organic-industries-ltd-share-price-today\">Fine Organic Industries<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,398<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16,561<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">37.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">35.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.03<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/shardacrop\/sharda-cropchem-ltd-share-price-today\">Sharda Cropchem<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">699.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,314<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/paradeep\/paradeep-phosphates-ltd-share-price-today\">Paradeep Phosphates<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">144.26<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15,007<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1.02<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, Sharda Cropchem and Paradeep Phosphates trade at a P\/E below the industry P\/E, while Fine Organic Industries trades above it, which reflects the growth the market already expects. Readers comparing agri-input and additive stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Agri-input_and_Additive_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Agri-input and Additive Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Agri-input and additive stocks have a strong roadmap in India because farm output must rise, global customers want diversified chemical suppliers and demand for food and packaging additives is growing.<\/p>\n<ul>\n<li><strong>Farm productivity.<\/strong> Fertilisers and crop protection support higher yields.<\/li>\n<li><strong>Supply diversification.<\/strong> Global buyers add Indian suppliers to their chains.<\/li>\n<li><strong>Additive demand.<\/strong> Food, plastics and cosmetics use specialised additives.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Fine_Organic_Industries_Features_Among_These_Agri-input_and_Additive_Stocks\"><\/span><strong>Why Fine Organic Industries Features Among These Agri-input and Additive Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the agri-input and additive stocks on this list, Fine Organic Industries is a leading maker of oleochemical-based additives used in food, plastics, cosmetics and coatings, selling to customers in India and overseas.<\/p>\n<p>In the June 2026 quarter, revenue grew 14.4% year on year to Rs 718 crore, while net profit rose 18.0% to Rs 138 crore. Revenue rose from Rs 1,909 crore in FY22 to Rs 2,482 crore in FY26, a compound annual growth rate of 6.8%.<\/p>\n<p>Net profit grew from Rs 260 crore in FY22 to Rs 417 crore in FY26, which works out to a compound annual growth rate of 12.6%. The company has a return on equity of 15.7%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 16,561 crore. The stock trades at a P\/E of 37.8, above the industry P\/E of 35.1.<\/p>\n<p><strong>Roadmap:<\/strong> The company holds a strong position in additives for plastics and food products and is adding capacity to meet export demand. A large net cash position and low debt give flexibility to invest in new product lines.<\/p>\n<p><strong>What to watch:<\/strong> Monitor raw material prices, export demand and the pace of new capacity addition.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Sharda_Cropchem_Features_Among_These_Agri-input_and_Additive_Stocks\"><\/span><strong>Why Sharda Cropchem Features Among These Agri-input and Additive Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the fertiliser and crop protection 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.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p><strong>Roadmap:<\/strong> 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.<\/p>\n<p><strong>What to watch:<\/strong> Monitor the revenue mix of new registrations and the trend in global agrochemical prices.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Paradeep_Phosphates_Features_Among_These_Agri-input_and_Additive_Stocks\"><\/span><strong>Why Paradeep Phosphates Features Among These Agri-input and Additive Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, Paradeep Phosphates makes phosphatic fertilisers such as DAP and NPK grades from its plant in Odisha, serving farmers across eastern and central India.<\/p>\n<p>Revenue rose from Rs 7,898 crore in FY22 to Rs 21,973 crore in FY26, a compound annual growth rate of 29.1%. Net profit grew from Rs 398 crore in FY22 to Rs 996 crore in FY26, which works out to a compound annual growth rate of 25.8%.<\/p>\n<p>In the June 2026 quarter, revenue grew 35.4% year on year to Rs 6,146 crore, while net profit rose 23.9% to Rs 393 crore. The company has a return on equity of 14.7%, a debt to equity ratio of 1.02 and a market capitalisation of Rs 15,007 crore. The stock trades at a P\/E of 14.0, below the industry P\/E of 21.2.<\/p>\n<p><strong>Roadmap:<\/strong> The company has expanded capacity and is working to increase volumes of complex fertilisers across its network. Its coastal location supports imports of raw material, and expansion plans support future volumes.<\/p>\n<p><strong>What to watch:<\/strong> Watch raw material prices, subsidy policy and the volume of new capacity coming on stream.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Fine_Organic_Industries_vs_Sharda_Cropchem_vs_Paradeep_Phosphates_on_Key_Financials\"><\/span><strong>Fine Organic Industries vs Sharda Cropchem vs Paradeep Phosphates on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three agri-input and additive stocks side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Fine Organic Industries<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,909<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,482<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">417<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Sharda Cropchem<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,609<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,410<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.7%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">681<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Paradeep Phosphates<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7,898<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21,973<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">29.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">996<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Sharda Cropchem posts the highest return on equity in this group at 21.7%. Paradeep Phosphates combines the largest FY26 revenue at Rs 21,973 crore with the fastest revenue growth, a 29.1% compound annual rate. A useful habit with agri-input and additive stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<p>The June 2026 quarter, the latest reported, gives a fresh read on momentum:<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Q1 FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Q1 FY27 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Year-on-Year Growth<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Fine Organic Industries<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">628<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">718<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Sharda Cropchem<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,017<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,108<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Paradeep Phosphates<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,538<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,146<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">35.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Agri-input_and_Additive_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Agri-input and Additive Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these agri-input and additive stocks, the main points are: Long-term fertiliser and crop protection shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.<\/p>\n<ul>\n<li><strong>Monsoon.<\/strong> Farm demand depends on rainfall and sowing patterns.<\/li>\n<li><strong>Input costs.<\/strong> Raw material and gas prices can influence margins.<\/li>\n<li><strong>Subsidy rules.<\/strong> Fertiliser earnings are linked to government policy.<\/li>\n<\/ul>\n<p>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.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter agri-input and additive stocks by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Agri-input_and_Additive_Stocks\"><\/span><strong>Final Thoughts on Agri-input and Additive Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Agri-input and additive stocks suit investors who follow farm demand, approvals and input costs. Fine Organic Industries, Sharda Cropchem and Paradeep Phosphates each serve a distinct need in the agricultural and industrial chain. Based on the 20 October 2026 close, Fine Organic Industries trades at Rs 5,398, Sharda Cropchem at Rs 699.8 and Paradeep Phosphates at Rs 144.26.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track agri-input and additive stocks, set price alerts and get research-backed stock ideas.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_agri-input_and_additive_stocks\"><\/span><strong>What are agri-input and additive stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Agri-input and additive stocks are listed companies that make specialty additives, register and sell crop protection products or produce fertilisers. Their earnings depend on volumes, approvals, farm demand and input costs. This list looks at three of them, Fine Organic Industries, Sharda Cropchem and Paradeep Phosphates, using reported FY22 to FY26 financials and the 20 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_agri-input_and_additive_stocks_are_covered_in_this_list\"><\/span><strong>Which agri-input and additive stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Fine Organic Industries, Sharda Cropchem and Paradeep Phosphates. Based on the 20 October 2026 close, Fine Organic Industries traded at Rs 5,398, Sharda Cropchem at Rs 699.8 and Paradeep Phosphates at Rs 144.26. Their return on equity ranges from 14.7% to 21.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.8% to 29.1%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_agri-input_and_additive_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do agri-input and additive stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Agri-input and additive stocks have a strong roadmap in India because farm output must rise, global customers want diversified chemical suppliers and demand for food and packaging additives is growing. The main drivers are as follows. Farm productivity. Fertilisers and crop protection support higher yields. Supply diversification. Global buyers add Indian suppliers to their chains. Additive demand. Food, plastics and cosmetics use specialised additives. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Fine_Organic_Industries_performed_financially\"><\/span><strong>How has Fine Organic Industries performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 1,909 crore in FY22 to Rs 2,482 crore in FY26, a compound annual growth rate of 6.8%. Net profit grew from Rs 260 crore in FY22 to Rs 417 crore in FY26, which works out to a compound annual growth rate of 12.6%. In the June 2026 quarter, revenue grew 14.4% year on year to Rs 718 crore, while net profit rose 18.0% to Rs 138 crore. The company has a return on equity of 15.7%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 16,561 crore. The stock trades at a P\/E of 37.8, above the industry P\/E of 35.1. Looking ahead, the company holds a strong position in additives for plastics and food products and is adding capacity to meet export demand. A large net cash position and low debt give flexibility to invest in new product lines.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Sharda_Cropchem_performed_financially\"><\/span><strong>How has Sharda Cropchem performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Paradeep_Phosphates_performed_financially\"><\/span><strong>How has Paradeep Phosphates performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 7,898 crore in FY22 to Rs 21,973 crore in FY26, a compound annual growth rate of 29.1%. Net profit grew from Rs 398 crore in FY22 to Rs 996 crore in FY26, which works out to a compound annual growth rate of 25.8%. In the June 2026 quarter, revenue grew 35.4% year on year to Rs 6,146 crore, while net profit rose 23.9% to Rs 393 crore. The company has a return on equity of 14.7%, a debt to equity ratio of 1.02 and a market capitalisation of Rs 15,007 crore. The stock trades at a P\/E of 14.0, below the industry P\/E of 21.2. Looking ahead, the company has expanded capacity and is working to increase volumes of complex fertilisers across its network. Its coastal location supports imports of raw material, and expansion plans support future volumes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_agri-input_and_additive_stocks\"><\/span><strong>What risks should investors check before buying agri-input and additive stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying agri-input and additive stocks. Monsoon. Farm demand depends on rainfall and sowing patterns. Input costs. Raw material and gas prices can influence margins. Subsidy rules. Fertiliser earnings are linked to government policy. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_agri-input_and_additive_stocks_investment_advice\"><\/span><strong>Is this list of agri-input and additive stocks investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 20 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.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are agri-input and additive stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Agri-input and additive stocks are listed companies that make specialty additives, register and sell crop protection products or produce fertilisers. Their earnings depend on volumes, approvals, farm demand and input costs. This list looks at three of them, Fine Organic Industries, Sharda Cropchem and Paradeep Phosphates, using reported FY22 to FY26 financials and the 20 October 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which agri-input and additive stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers Fine Organic Industries, Sharda Cropchem and Paradeep Phosphates. Based on the 20 October 2026 close, Fine Organic Industries traded at Rs 5,398, Sharda Cropchem at Rs 699.8 and Paradeep Phosphates at Rs 144.26. Their return on equity ranges from 14.7% to 21.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.8% to 29.1%.\"}},{\"@type\":\"Question\",\"name\":\"Why do agri-input and additive stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Agri-input and additive stocks have a strong roadmap in India because farm output must rise, global customers want diversified chemical suppliers and demand for food and packaging additives is growing. The main drivers are as follows. Farm productivity. Fertilisers and crop protection support higher yields. Supply diversification. Global buyers add Indian suppliers to their chains. Additive demand. Food, plastics and cosmetics use specialised additives. Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@type\":\"Question\",\"name\":\"How has Fine Organic Industries performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 1,909 crore in FY22 to Rs 2,482 crore in FY26, a compound annual growth rate of 6.8%. Net profit grew from Rs 260 crore in FY22 to Rs 417 crore in FY26, which works out to a compound annual growth rate of 12.6%. In the June 2026 quarter, revenue grew 14.4% year on year to Rs 718 crore, while net profit rose 18.0% to Rs 138 crore. The company has a return on equity of 15.7%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 16,561 crore. The stock trades at a P\/E of 37.8, above the industry P\/E of 35.1. Looking ahead, the company holds a strong position in additives for plastics and food products and is adding capacity to meet export demand. A large net cash position and low debt give flexibility to invest in new product lines.\"}},{\"@type\":\"Question\",\"name\":\"How has Sharda Cropchem performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"How has Paradeep Phosphates performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 7,898 crore in FY22 to Rs 21,973 crore in FY26, a compound annual growth rate of 29.1%. Net profit grew from Rs 398 crore in FY22 to Rs 996 crore in FY26, which works out to a compound annual growth rate of 25.8%. In the June 2026 quarter, revenue grew 35.4% year on year to Rs 6,146 crore, while net profit rose 23.9% to Rs 393 crore. The company has a return on equity of 14.7%, a debt to equity ratio of 1.02 and a market capitalisation of Rs 15,007 crore. The stock trades at a P\/E of 14.0, below the industry P\/E of 21.2. Looking ahead, the company has expanded capacity and is working to increase volumes of complex fertilisers across its network. Its coastal location supports imports of raw material, and expansion plans support future volumes.\"}},{\"@type\":\"Question\",\"name\":\"What risks should investors check before buying agri-input and additive stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors should check a few risks before buying agri-input and additive stocks. Monsoon. Farm demand depends on rainfall and sowing patterns. Input costs. Raw material and gas prices can influence margins. Subsidy rules. Fertiliser earnings are linked to government policy. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.\"}},{\"@type\":\"Question\",\"name\":\"Is this list of agri-input and additive stocks investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. This article is educational and uses publicly available data as of the 20 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.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Agri-input and Additive Stocks with a strong future roadmap: Fine Organic Industries, Sharda Cropchem and Paradeep Phosphates. Compare price, valuation, return on equity and revenue growth as of 20 October 2026.<\/p>\n","protected":false},"author":36,"featured_media":321148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[14105,3803,14106,14108,14107,14109,6970],"class_list":["post-321150","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-agri-input-and-additive-stocks","tag-best-stocks","tag-fertiliser-and-crop-protection-shares","tag-fine-organic-industries","tag-food-additive-stocks","tag-paradeep-phosphates","tag-sharda-cropchem"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["321148"],"rank_math_title":["Agri-Input and Additive Stocks With a Roadmap"],"rank_math_description":["Compare 3 agri-input and additive stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. Data as of 20 Oct 2026."],"rank_math_focus_keyword":["agri-input and additive stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-food-additives-agrochemical-marketer-and-phosphate-fertiliser-stocks-with-a.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/321150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=321150"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/321150\/revisions"}],"predecessor-version":[{"id":321151,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/321150\/revisions\/321151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/321148"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=321150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=321150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=321150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}