$SHARDACROP

SHARDA CROPCHEM Q1: STRONG MARGIN EXPANSION, MAINTAINS FY27 GROWTH GUIDANCE 🌱📈 • 💰 Revenue grew 9% YoY to ₹1,074 crore, while EBITDA jumped 25% YoY to ₹178 crore. • 📊 Gross Margin expanded 120 bps to 36.7%, while EBITDA Margin improved 220 bps to 16.6%, driven by a better product mix. • 🌎 NAFTA and LATAM delivered robust growth and improved profitability, supported by strong demand for high-value agrochemical molecules. • 🇪🇺 Europe witnessed temporary volume moderation due to heatwaves and drought impacting distributor restocking, though agrochemical margins improved. • 🎯 Management retained FY27 revenue growth guidance of 10–15% and expects European volumes to recover in the coming quarters. • 💵 The company remains debt-free with ₹767 crore in cash, bank balances and liquid investments, providing strong financial flexibility.