Sharda Cropchem Adjusts Valuation Grade Amid Strong Performance in Agrochemicals Sector

Sharda Cropchem, a midcap player in the Pesticides and Agrochemicals sector, has recently undergone a valuation adjustment. The company's current price stands at 867.35, reflecting a notable performance with a 75.77% return over the past year, significantly outpacing the Sensex's 1.98% return during the same period.
Key financial metrics for Sharda Cropchem include a PE ratio of 25.71 and an EV to EBITDA ratio of 12.51, which positions it competitively within its industry. The company also boasts a dividend yield of 0.69% and a return on capital employed (ROCE) of 15.60%, indicating efficient capital utilization.

In comparison to its peers, Sharda Cropchem's valuation appears more favorable, particularly when contrasted with Anupam Rasayan, which is assessed at a higher valuation level, and Dhanuka Agritech, which also shows a premium valuation. Other competitors like Rallis India and Laxmi Organic present varied metrics, with Sharda Cropchem maintaining a balanced profile in the current market landscape. This evaluation revision reflects the company's solid performance amidst a competitive environment.