- Business
- Sumitomo Chemical India Limited manufactures, imports, markets and sells a diverse portfolio of agrochemicals including insecticides, weedicides, fungicides, fumigants, rodenticides, plant growth nutrition products, bio-rationals and plant growth regulators; household and public health insecticides; professional pest control solutions; and animal nutrition feed additives, primarily proprietary products sourced from its Japanese parent Sumitomo Chemical Company Limited and biological products from Valent Biosciences LLC. The company, founded in 2000 and headquartered in Mumbai, Maharashtra, operates manufacturing facilities in Gujarat, Maharashtra and Dadra & Nagar Haveli, with sales and distribution focused on the Indian market and presence in Africa and other regions. It converted to a public limited company in 2018, listed on the Bombay Stock Exchange under ticker SUMICHEM.NS, and underwent a major merger with Excel Crop Care Limited in 2019 that integrated operations, expanded its generics portfolio alongside specialty products and strengthened its market position in crop protection. Recent developments include consolidated net profit growth of 36.79% to Rs 505.50 crore for the fiscal year ended March 2025 on sales up 10.71% to Rs 3,148.52 crore; a final dividend recommendation of Rs 1.2 per share in May 2025; reaffirmation of CRISI AA/Stable credit rating for long-term bank facilities; release of promoter share lock-in; and revocation of a Gujarat Pollution Control Board closure order at its Bhavnagar site.