GSP Crop Science Limited

GSP Crop Science Limited

454.70
INR
+2.70
(+0.60%)
28.29EPS
13.59P/E
18.24BMarket Cap
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
258.04
247.25
275.73
385.87
363.26
Basic EPS, GAAP
4.6
13.18
17.94
24.93
28.85
Free Cash Flow per Basic Share
15.01
38.29
-7.5
-4.55
- -
Dividend per Share
0.65
0.12
0.56
0.75
- -
Book Value per Share
78.14
79.64
96.74
165.88
- -
Tangible Book Value per Share
76.85
78
93.58
159.12
- -
Basic Weighted Avg Shares
47
47
47
39
45
Sales/Revenue/Turnover
12,004
11,502
12,827
15,151
16,319
Operating Margin (%)
5.12
9.34
10.23
10.59
11.28
Depreciation Expense
210
199
234
303
306
Net Income, GAAP
214
613
834
979
1,296
Effective Tax Rate (%)
24.65
27.45
25.77
25.53
25.34
Profit Margin (%)
1.78
5.33
6.51
6.46
7.94
Working Capital
2,276
1,660
2,092
4,662
- -
LT Debt
983
562
773
383
- -
Total Equity
3,638
3,704
4,518
7,703
- -
Return on Invested Capital (%)
- -
11.91
14.13
12.93
- -
Return on Capital (%)
- -
12.91
15.49
14.14
- -
Return on Common Equity (%)
- -
16.71
20.34
16.03
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'26
Jun'27
ST Debt
2,237
- -
LT Borrowings
371
- -
LT Finance Leases
12
- -
Preferred Equity and Hybrid Capital
- -
- -
Shares Outstanding
47
47
Market Capitalization
15,719
18,235

Working Capital

INR

•

in mil. unless spec.
Mar'26
Jun'27
Total Current Assets
11,992
- -
Cash, Cash Equivalents & STI
1,844
- -
Accounts Receivable, Net
5,526
- -
Inventories
3,562
- -
Total Current Liabilities
7,330
- -
Payables & Accruals
- -
- -
ST Debt
2,237
- -
Deferred Revenue
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
70.47%
Free Cash Flow
- -
- -
-48.86%
Net Income, GAAP
- -
- -
17.32%
Sales/Revenue/Turnover
- -
- -
18.12%
Total Cash Common Dividend
- -
- -
12.5%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
3,080
12,827
2026
3,770
4,665
- -
4,025
15,151
2027
3,860
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
4.87
17.94
2026
5.05
12.74
- -
5.09
24.93
2027
5.67
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.56
2026
- -
- -
- -
- -
0.75
2027
- -
- -
- -
- -
- -

Company Description

CEO
Bhavesh Vrajmohan Shah
Sector
Process industries
Industry
Chemicals: agricultural
Address
Ahmedabad India
Website
gspcrop.in
Business
GSP Crop Science Limited manufactures and markets agrochemical products, including technical-grade active ingredients, formulations, and chemical intermediates for agricultural crop protection and public health. The company operates primarily across two key business segments: Technicals and Formulations. Its comprehensive product portfolio encompasses insecticides, herbicides, fungicides, and plant growth regulators designed to protect crops and enhance agricultural productivity against diverse pests, fungal infections, and weed infestations. The company provides a wide range of proprietary and generic crop protection brands, including insecticides such as SLR 525 (a patented suspo-emulsion formulation of pyriproxyfen and diafenthiuron), Helipro and Ballot (chlorantraniliprole-based formulations), Author (thiocyclam hydrogen oxalate and clothianidin), Chlorocil, Bosh, and Slayer; herbicides such as Style Plus, Pendifix, Seizure, and Verdict; fungicides including Mercury as well as hexaconazole- and azoxystrobin-based formulations; and plant growth regulators and bio-stimulants including Crazy, Crazy Pro, Flute, and Gold Coin. In addition to packaged agrochemicals for direct agricultural use, the company manufactures specialized chemical intermediates, seed treatment formulations, and bulk technical actives supplied to institutional agrochemical manufacturers globally. Founded in 1985 and headquartered in Ahmedabad, Gujarat, India, GSP Crop Science operates five manufacturing facilities located in Odhav, Kathwada, Saykha (Dahej), and Nandesari in Gujarat, as well as Samba in Jammu and Kashmir. The company maintains dedicated in-house research and development centers focused on off-patent product synthesis, proprietary chemical formulations, and delivery system innovations, supporting an intellectual property portfolio of more than 100 granted patents. GSP Crop Science serves domestic farming communities and institutional clients through an extensive pan-India distribution network comprising thousands of dealers and multiple regional depots. Internationally, the company holds Star Export House accreditation and exports crop protection solutions to over 35 countries across North America, Latin America, Europe, Africa, the Middle East, and the Asia-Pacific region. Its corporate structure includes key operating subsidiaries such as Rajdhani Petrochemicals Private Limited, GSP Intermediates Private Limited, and a regional operating subsidiary in Brazil. In recent developments, GSP Crop Science completed its initial public offering on the National Stock Exchange of India and the BSE in March 2026, raising 400 crore INR through a combination of a fresh equity issue and an offer for sale following substantial anchor institutional participation. In June 2026, the company consolidated its supply chain and intermediate manufacturing capabilities by acquiring the remaining 21 percent equity interest in GSP Intermediates Private Limited. The company has also expanded its commercial product offerings with the nationwide rollout of new chlorantraniliprole formulations under the Helipro and Ballot brand names, alongside broader market penetration of its patented whitefly solution SLR 525, while actively scaling international operations through its Brazilian subsidiary to broaden its footprint in the Latin American agrochemical market.