Agrochemical is a chemical that is used in agriculture. India is one of the top producers of agrochemicals in the world.
The government recognizes its agrochemical industry as one of its top 12 industries to achieve global leadership growing at 8% to 10% through 2025, according to the Federation of Indian Chambers of Commerce and Industry.
Indian government & industries have taken the necessary initiative to work towards producing safe and environment-friendly agrochemicals, here is the list of top agrochemical industries in India:
UPL Ltd
UPL Ltd is one of the top agrochemical companies in India, it was founded in the year 1969. UPL is headquartered in Mumbai, Maharashtra. It provides a wide array of crop production products, like seed treatment solutions, post-harvest solutions, and industrial chemicals, etc.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 34.44 % |
| Networth | -2.97 % |
| Debt/Equity Ratio | 0.14 |
| Return on Equity | 2.83 % |
PI Industries Ltd
PI Industries in another popular name in agrochemical companies in India. It is a listed public company incorporated on 31 December 1946 and based in Udaipur, Rajasthan. PI Industries is one of the largest suppliers of agrochemicals worldwide, the product range of the company includes insecticides, fungicides, herbicides, etc.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 41.19 % |
| Networth | 104.20 % |
| Debt/Equity Ratio | 0.05 |
| Return on Equity | 13.59 % |
Rallis India Ltd
The company was incorporated on 23 August, 1948. Rallis India is based in Mumbai Maharashtra. The company has its manufacturing unit in India and it supplies agrochemical to other countries along with India. The wide range of product lists includes hybrid maize, hybrid paddy, hybrid pearl millet, mustard, and wheat.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 23.69 % |
| Networth | 12.86 % |
| Debt/Equity Ratio | 0.02 |
| Return on Equity | 14.37 % |
Meghmani Organics Ltd
The company is popularly known as Meghmani, it was incorporated on 15 October, 2019 Meghmani is 3rd largest manufacturers of pigment and pesticide products. The Company is based in Ahmedabad, Gujarat. It produces pesticides for crop and non-crop applications, such as for public health, insect control in wood preservation, and food grain storage.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 35.54 % |
| Networth | 23.37 % |
| Debt/Equity Ratio | 0.34 |
| Return on Equity | 21.39 % |
Insecticides India Ltd
Insecticides India Ltd is one of the biggest name in agrochemical industries. The company was incorporated on 18 December, 1996 and based in Delhi. The company formulates, manufactures, and sells agro chemicals, pesticides, and technical products for agriculture purposes it also offers household products, and technical and bulk products.
| Operating Revenue | Over INR 500 cr |
| EBITDA | -2.26 % |
| Networth | 12.07 % |
| Debt/Equity Ratio | 0.11 |
| Return on Equity | 11.42 % |
Dhanuka Agritech Ltd
Dhanuka Agritech Ltd with decades of experience in agrochemicals manufactures insecticides, miticides, herbicides, fungicides, and plant growth regulators in various forms. The company is one of the leading agrochemical companies in India. The Company has a network of approximately 8,800 distributors in India.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 55.13 % |
| Networth | 12.52 % |
| Debt/Equity Ratio | 0.01 |
| Return on Equity | 26.44 % |
NACL Industries Ltd (Nagarjuna)
One of the major companies in agrochemical industry, popularly known as Nagarjuna Agrichem was incorporated on 11 November, 1986. The company produces and sells pesticide technical and formulations in India. Wide range of products include, Myclobutanil, Propiconazole, Profenofos, Pretilachlor, Insecticides, Fungicides, Herbicides, plant growth regulators etc.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 64.33 % |
| Networth | 17.39 % |
| Debt/Equity Ratio | 0.45 |
| Return on Equity | 12.22 % |
Kaveri Seed Company Ltd
Kaveri Seed Company Ltd is another leading manufacturer of agrochemical, it was incorporated on 27 August, 1986. Kaveri Seed in based in Secunderabad, Telangana and involved in the production, processing, and marketing hybrid seeds for crops that include corn, sunflower, cotton, paddy, and grain.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 19.77 % |
| Networth | 28.54 % |
| Debt/Equity Ratio | 0.00 |
| Return on Equity | 24.19 % |
