Sumitomo Chemical India Limited — Cyborg Score 6/10
Solid
Agrochemicals & Crop Protection / Pesticides
Strategic Profile
The company is one of the leading players with a balanced portfolio of technical and formulation products along with backward integration for some products. Sumitomo Chemical India is a subsidiary of Sumitomo Chemical Company Limited, positioning it as a key regional player for Japan's largest specialty chemicals producer.
Cyborg Score Rationale
FY2024 revenue grew 10.71% to ₹31.49 billion with earnings up 36.79% to ₹5.05 billion. However, ROCE declined from 26% to 18% over five years despite higher capital employed, indicating profitability pressures alongside strong recent earnings growth.
Top Insights
Q2 FY26 saw revenue decline 5.9% due to erratic rainfall, but maintained pricing, profitability, and gross margins at 43.1%
Management targets ₹6,500–7,000Cr revenue and 18% PAT growth by FY27, with plans for 40 new agro molecules and ₹2,500Cr exports
Company is nearly debt-free with healthy dividend payout ratio of 34.5%
Diverse product portfolio spanning insecticides, herbicides, fungicides, animal nutrition, plant growth regulators, and biological products
Named Competitors
Crop Protection & Agrochemicals — Global agrochemical leader