
3 Urea and Agri Inputs Producer, Agrochemical and Custom Synthesis Company and Shrimp Feed Maker Stocks With a Strong Future Roadmap: Chambal Fertilisers and Chemicals, PI Industries and Avanti Feeds
Chambal Fertilisers and Chemicals, PI Industries and Avanti Feeds: ROE of 11.8% to 18.8% and FY22 to FY26 revenue CAGR of 5.2% to 6.8%. Prices as of 23 Oct 2026.
Updated: 26 Oct 2026 • 11:54 am
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Quick Answer
The three urea, crop protection and shrimp feed stocks to watch are Chambal Fertilisers and Chemicals, PI Industries and Avanti Feeds. Their return on equity ranges from 11.8% to 18.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.2% to 6.8%. Chambal Fertilisers and Chemicals has the highest return on equity at 18.8%, while PI Industries has the fastest revenue growth at 6.8% a year. Prices are based on the 23 October 2026 close, and this article is educational, not investment advice.
Urea, crop protection and shrimp feed stocks offer a focused view of a sector where demand keeps widening. Chambal Fertilisers and Chemicals, PI Industries and Avanti Feeds cover a urea and agri inputs producer, an agrochemical and custom synthesis company and a shrimp feed maker.
This list covers three urea, crop protection and shrimp feed stocks with complete current figures: Chambal Fertilisers and Chemicals, PI Industries 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 Urea, Crop Protection and Shrimp Feed Stocks?
Urea, crop protection and shrimp feed stocks are listed agri companies that make urea, crop protection products, custom molecules and aquaculture feed. Their earnings depend on farm activity, global innovator orders, shrimp demand and input costs.
Urea, Crop Protection and Shrimp Feed Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Chambal Fertilisers and Chemicals | 363.95 | 15,339 | 8.0 | 21.2 | 18.8 | 0.10 |
| PI Industries | 2,051 | 33,166 | 28.5 | 23.3 | 11.8 | 0.03 |
| Avanti Feeds | 675.7 | 9,865 | 16.8 | 33.9 | 18.4 | 0.00 |
On valuation, Chambal Fertilisers and Chemicals and Avanti Feeds trade at a P/E below the industry P/E, while PI Industries trades above it, which reflects the growth the market already expects. Readers comparing urea, crop protection and shrimp 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 Urea, Crop Protection and Shrimp Feed Stocks Have a Strong Roadmap in India?
Urea, crop protection and shrimp feed stocks have a strong roadmap in India because food security goals, global sourcing of complex molecules and rising shrimp exports keep widening the market for agri inputs.
- Farm inputs. Crop nutrients and protection support output.
- Custom synthesis. Global innovators outsource complex molecules.
- Aquaculture. Shrimp exports lift feed demand.
Why Chambal Fertilisers and Chemicals Features Among These Urea, Crop Protection and Shrimp Feed Stocks
Among the urea, crop protection and shrimp feed stocks on this list, Chambal Fertilisers and Chemicals makes urea at its plants in Rajasthan and trades in other fertilisers, crop protection chemicals and agri inputs.
Revenue rose from Rs 16,137 crore in FY22 to Rs 20,921 crore in FY26, a compound annual growth rate of 6.7%. Net profit grew from Rs 1,566 crore in FY22 to Rs 1,953 crore in FY26, which works out to a compound annual growth rate of 5.7%.
The company has a return on equity of 18.8%, a debt to equity ratio of 0.10 and a market capitalisation of Rs 15,339 crore. The stock trades at a P/E of 8.0, below the industry P/E of 21.2.
Roadmap: The company has a strong urea franchise with large volumes and a wide dealer network. It is widening into crop protection and specialty agri inputs, which adds higher-margin revenue to the base fertiliser business.
What to watch: Track fertiliser subsidy policy updates and the monsoon, which both influence volumes and working capital.
Why PI Industries Features Among These Urea, Crop Protection and Shrimp Feed Stocks
Among the nitrogen fertiliser company shares on this list, PI Industries is a Udaipur-based agrochemical and custom synthesis company. It sells crop protection products in India and manufactures complex molecules for global innovators, and it has added pharma and specialty chemistry capabilities.
Revenue rose from Rs 5,401 crore in FY22 to Rs 7,024 crore in FY26, a compound annual growth rate of 6.8%. Net profit grew from Rs 844 crore in FY22 to Rs 1,321 crore in FY26, which works out to a compound annual growth rate of 11.9%.
The company has a return on equity of 11.8%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 33,166 crore. The stock trades at a P/E of 28.5, above the industry P/E of 23.3.
Roadmap: The company is building long-term supply contracts for global customers, launching new crop protection brands and widening into pharma and other specialty areas. Strong research and plant capacity support its pipeline.
What to watch: Check the growth of custom synthesis orders and new product launches.
Why Avanti Feeds Features Among These Urea, Crop Protection and Shrimp 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.
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.
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.
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.
Chambal Fertilisers and Chemicals vs PI Industries vs Avanti Feeds on Key Financials
The table below sets the three urea, crop protection and shrimp 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 |
|---|---|---|---|---|---|
| Chambal Fertilisers and Chemicals | 16,137 | 20,921 | 6.7% | 1,953 | 9.3% |
| PI Industries | 5,401 | 7,024 | 6.8% | 1,321 | 18.8% |
| Avanti Feeds | 5,118 | 6,276 | 5.2% | 656 | 10.4% |
Chambal Fertilisers and Chemicals posts the highest return on equity in this group at 18.8%. Chambal Fertilisers and Chemicals has the largest FY26 revenue at Rs 20,921 crore, and PI Industries shows the fastest revenue growth with a 6.8% compound annual rate. A useful habit with urea, crop protection and shrimp feed stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Urea, Crop Protection and Shrimp Feed Stocks
Every theme carries risks that deserve a check before any decision. For these urea, crop protection and shrimp feed stocks, the main points are:
- Monsoon. Weather can change farm demand.
- Policy. Subsidy and trade rules can change earnings.
- Input costs. Gas 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 urea, crop protection and shrimp feed stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Urea, Crop Protection and Shrimp Feed Stocks
Urea, crop protection and shrimp feed stocks reward patient research into demand, execution and financial strength. Chambal Fertilisers and Chemicals, PI Industries and Avanti Feeds each have a clear plan to grow. Based on the 23 October 2026 close, Chambal Fertilisers and Chemicals trades at Rs 363.95, PI Industries at Rs 2,051 and Avanti Feeds at Rs 675.7.
Download the Univest iOS App or Univest Android App to track urea, crop protection and shrimp feed stocks, set price alerts and get research-backed stock ideas.
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 urea, crop protection and shrimp feed stocks?
Ans. Urea, crop protection and shrimp feed stocks are listed agri companies that make urea, crop protection products, custom molecules and aquaculture feed. Their earnings depend on farm activity, global innovator orders, shrimp demand and input costs. This list looks at three of them, Chambal Fertilisers and Chemicals, PI Industries and Avanti Feeds, using reported FY22 to FY26 financials and the 23 October 2026 closing prices.
Which urea, crop protection and shrimp feed stocks are covered in this list?
Ans. This list covers Chambal Fertilisers and Chemicals, PI Industries and Avanti Feeds. Based on the 23 October 2026 close, Chambal Fertilisers and Chemicals traded at Rs 363.95, PI Industries at Rs 2,051 and Avanti Feeds at Rs 675.7. Their return on equity ranges from 11.8% to 18.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.2% to 6.8%.
Why do urea, crop protection and shrimp feed stocks have a strong future roadmap in India?
Ans. Urea, crop protection and shrimp feed stocks have a strong roadmap in India because food security goals, global sourcing of complex molecules and rising shrimp exports keep widening the market for agri inputs. The main drivers are as follows. Farm inputs. Crop nutrients and protection support output. Custom synthesis. Global innovators outsource complex molecules. Aquaculture. Shrimp exports lift feed demand. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Chambal Fertilisers and Chemicals performed financially?
Ans. Revenue rose from Rs 16,137 crore in FY22 to Rs 20,921 crore in FY26, a compound annual growth rate of 6.7%. Net profit grew from Rs 1,566 crore in FY22 to Rs 1,953 crore in FY26, which works out to a compound annual growth rate of 5.7%. The company has a return on equity of 18.8%, a debt to equity ratio of 0.10 and a market capitalisation of Rs 15,339 crore. The stock trades at a P/E of 8.0, below the industry P/E of 21.2. Looking ahead, the company has a strong urea franchise with large volumes and a wide dealer network. It is widening into crop protection and specialty agri inputs, which adds higher-margin revenue to the base fertiliser business.
How has PI Industries performed financially?
Ans. Revenue rose from Rs 5,401 crore in FY22 to Rs 7,024 crore in FY26, a compound annual growth rate of 6.8%. Net profit grew from Rs 844 crore in FY22 to Rs 1,321 crore in FY26, which works out to a compound annual growth rate of 11.9%. The company has a return on equity of 11.8%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 33,166 crore. The stock trades at a P/E of 28.5, above the industry P/E of 23.3. Looking ahead, the company is building long-term supply contracts for global customers, launching new crop protection brands and widening into pharma and other specialty areas. Strong research and plant capacity support its pipeline.
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 urea, crop protection and shrimp feed stocks?
Ans. Investors should check a few risks before buying urea, crop protection and shrimp feed stocks. Monsoon. Weather can change farm demand. Policy. Subsidy and trade rules can change earnings. Input costs. Gas 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 urea, crop protection and shrimp 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.
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