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Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹2046 Cr.
Stock P/E
25.1
P/B
3
Current Price
₹439.8
Book Value
₹ 147
Face Value
10
52W High
₹450
52W Low
₹ 327.4
Dividend Yield
0.17%

GSP Crop Science Overview

Business

GSP Crop science Ltd. operates in the Pesticides & Agrochemicals sector. The company is involved in the manufacturing, formulation, and distribution of various crop protection products, including insecticides, herbicides, fungicides, and plant growth regulators. Its core business model revolves around developing and marketing these chemical solutions to farmers to protect crops from pests, diseases, and weeds, thereby improving agricultural productivity and yield. The company generates revenue through the sale of these agrochemical products to a network of distributors, retailers, and directly to large farming operations.

Revenue Mix

The company primarily operates within the Pesticides & Agrochemicals segment. Without specific financial disclosures, a detailed breakdown of revenue by product type (e.g., insecticides, herbicides, fungicides) or geographical contribution is not available. However, given its sector, its revenue is predominantly derived from the sales of a portfolio of crop protection chemicals.

Industry

The Indian Pesticides & Agrochemicals industry is diverse, characterized by a mix of multinational corporations and a large number of domestic players. It is highly dependent on agricultural cycles, monsoon patterns, and government policies. GSP Crop science Ltd. is positioned as a domestic player within this competitive landscape. Its positioning likely involves catering to specific crop protection needs across various regions of India, competing on product effectiveness, distribution reach, and pricing against both larger, established players and other regional competitors. The industry also faces the challenge of developing newer, safer, and more effective formulations while adhering to strict regulatory standards.

MOAT

Without specific details, it is challenging to ascertain a strong, durable competitive advantage for GSP Crop science Ltd. Potential moats in the agrochemical industry could include a strong distribution network reaching remote farming communities, proprietary formulations or robust R&D capabilities leading to new product patents, significant brand loyalty for specific products, or cost leadership in manufacturing. As a domestic player, GSP Crop science Ltd. might possess regional market understanding and distribution strengths, but a clear, long-term competitive moat is not evident from the given information alone.

Growth Drivers

Increasing Food Demand: Growing population and demand for food will drive the need for higher agricultural productivity, necessitating the use of agrochemicals.

Low Per Capita Agrochemical Consumption: India's per-hectare agrochemical consumption is lower than global averages, indicating significant headroom for growth.

Farmer Awareness & Education: Increased awareness among farmers about the benefits of crop protection for yield improvement.

New Product Introductions: Development and commercialization of new, effective, and environmentally safer agrochemical formulations.

Export Opportunities: Potential to expand sales into international markets, leveraging manufacturing capabilities.

Risks

Monsoon Dependency: Indian agriculture is heavily reliant on monsoons, and erratic weather patterns can significantly impact demand for agrochemicals.

Raw Material Volatility: Fluctuations in the prices of crude oil and other chemical intermediates can affect manufacturing costs and profitability.

Regulatory Changes: Strict and evolving environmental and safety regulations for agrochemicals can lead to product bans, higher compliance costs, and R&D hurdles.

Intense Competition: The presence of numerous domestic and international players creates pricing pressure and competition for market share.

Counterfeit Products: The market faces challenges from spurious or counterfeit agrochemicals, which can erode trust and market share.

Pest Resistance: Continuous use of certain chemicals can lead to pest resistance, necessitating investment in new formulations.

Management & Ownership

GSP Crop science Ltd. is a promoter-driven company. This indicates that a founding family or group holds a significant ownership stake and typically exercises substantial control over the company's strategic direction and operations. Specific details regarding the management's individual track record or the full ownership structure beyond being promoter-led are not provided.

Outlook

GSP Crop science Ltd. operates in a fundamental sector critical for food security, suggesting a resilient underlying demand for its products. The long-term trajectory for agrochemical consumption in India appears positive due to population growth, increasing agricultural intensification, and relatively low current usage levels. However, the company faces significant challenges typical of the sector, including reliance on unpredictable weather patterns, stringent regulatory oversight, and intense competition from both large domestic and multinational players. Profitability can be impacted by volatile raw material prices and the need for continuous R&D to develop new, effective, and compliant products. The company's future performance will depend on its ability to innovate, expand its distribution network, manage operational efficiencies, and adapt to evolving agricultural practices and regulatory environments.

GSP Crop Science Share Price

Live · BSE / NSE · Inception: 1985
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Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

GSP Crop Science Quarterly Results

#(Fig in Cr.) Dec 2024 Dec 2025
Net Sales 276 270
Other Income 1 2
Total Income 277 272
Total Expenditure 273 257
Operating Profit 3 15
Interest 8 10
Depreciation 6 8
Exceptional Income / Expenses 0 -5
Profit Before Tax -11 -8
Provision for Tax -5 -2
Profit After Tax -6 -6
Adjustments 0 1
Profit After Adjustments -6 -5
Adjusted Earnings Per Share -1.5 -1.4

GSP Crop Science Profit & Loss

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 688 743 903 1077 1191 1203 1152 1287 546
Other Income 1 1 4 11 11 3 6 14 3
Total Income 689 744 908 1088 1203 1206 1158 1301 549
Total Expenditure 609 667 832 949 1062 1125 1028 1137 530
Operating Profit 80 77 76 140 141 81 130 164 18
Interest 25 26 25 18 24 37 34 31 18
Depreciation 24 21 18 18 20 21 20 23 14
Exceptional Income / Expenses -55 0 0 0 0 0 0 0 -5
Profit Before Tax -23 30 34 103 97 23 77 110 -19
Provision for Tax 1 5 12 36 25 6 21 28 -7
Profit After Tax -24 25 21 68 72 18 56 81 -12
Adjustments 0 -0 -0 0 3 4 6 2 1
Profit After Adjustments -24 25 21 68 76 21 61 83 -11
Adjusted Earnings Per Share -5.4 5.7 4.8 15.3 17.1 5.2 15.7 21.4 -2.9

GSP Crop Science Balance Sheet

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 288 314 331 396 469 363 370 450
Minority's Interest -1 -1 0 0 0 0 -0 2
Borrowings 28 32 15 10 120 98 55 76
Other Non-Current Liabilities -15 -17 -12 -10 -14 -7 -11 -18
Total Current Liabilities 382 433 397 511 676 669 569 720
Total Liabilities 683 761 731 907 1250 1124 983 1230
Fixed Assets 167 161 159 161 166 169 177 214
Other Non-Current Assets 16 24 17 17 40 58 71 87
Total Current Assets 500 576 555 729 1044 897 735 929
Total Assets 683 761 731 907 1250 1124 983 1230

GSP Crop Science Cash Flow

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 24 16 9 6 51 123 20 30
Cash Flow from Operating Activities 54 57 80 114 -44 104 207 38
Cash Flow from Investing Activities -16 -13 -23 -19 -42 -47 -19 -80
Cash Flow from Financing Activities -36 -51 -59 -50 157 -159 -178 30
Net Cash Inflow / Outflow 2 -8 -2 45 71 -102 9 -12
Closing Cash & Cash Equivalent 27 9 6 51 123 20 30 18

GSP Crop Science Ratios

# Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -5.39 5.72 4.82 15.33 17.11 5.18 15.68 21.38
CEPS(Rs) -0.07 10.38 8.83 19.41 20.86 9.36 19.32 26.87
DPS(Rs) 0 0.33 0.47 0.67 0.73 0.13 0.67 0.75
Book NAV/Share(Rs) 65.22 70.93 74.89 89.52 105.96 88.18 94.94 115.34
Core EBITDA Margin(%) 11.23 10.26 6.7 9.41 8.98 5.18 8.79 9.71
EBIT Margin(%) 0.25 7.61 5.46 8.9 8.37 3.97 7.82 9.08
Pre Tax Margin(%) -3.26 4.1 3.14 7.57 6.72 1.54 5.41 7.08
PAT Margin (%) -3.38 3.41 2.01 4.96 5.02 1.16 3.93 5.26
Cash Profit Margin (%) -0.05 6.18 3.66 6.28 6.4 2.54 5.33 6.77
ROA(%) -3.5 3.51 2.88 8.27 6.7 1.48 5.27 7.36
ROE(%) -8.28 8.42 6.65 18.63 16.73 4.22 15.13 19.85
ROCE(%) 0.36 11.1 11.46 23.5 18.23 8.16 17.09 20.81
Receivable days 112.15 107.13 85.52 76.45 88.49 98.93 95.42 83.91
Inventory Days 104.39 122.19 86.47 67.97 85.7 87.67 74.4 70.17
Payable days 111.91 143.12 122.47 139.2 158.36 148.13 143.55 139.06
PER(x) 0 0 0 0 0 0 0 0
Price/Book(x) 0 0 0 0 0 0 0 0
Dividend Yield(%) 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.32 0.29 0.19 0.09 0.18 0.26 0.19 0.23
EV/Core EBITDA(x) 2.71 2.78 2.3 0.71 1.55 3.8 1.7 1.84
Net Sales Growth(%) 0 8 21.62 19.22 10.6 1.01 -4.25 11.74
EBIT Growth(%) 0 3066.44 2.95 108.84 -0.78 -50.02 83.4 27.2
PAT Growth(%) 0 206.18 -15.37 215.77 6.75 -75.7 216.05 46.6
EPS Growth(%) 0 206.09 -15.65 217.85 11.66 -69.72 202.59 36.37
Debt/Equity(x) 0.74 0.64 0.51 0.35 0.68 0.89 0.64 0.66
Current Ratio(x) 1.31 1.33 1.4 1.43 1.55 1.34 1.29 1.29
Quick Ratio(x) 0.78 0.65 0.87 0.84 0.99 0.82 0.89 0.78
Interest Cover(x) 0.07 2.17 2.36 6.69 5.08 1.63 3.25 4.55
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +12% +3% +7%
Operating Profit CAGR +26% +5% +17%
PAT CAGR +45% +4% +31%
Share Price CAGR
ROE Average +20% +13% +15% +10%
ROCE Average +21% +15% +18% +14%

GSP Crop Science Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 71.73 %
FII 11.85 %
DII (MF + Insurance) 1 %
Public (retail) 28.27 %
# Dec 2025 Mar 2026
Promoter 071.73
FII 011.85
DII 01
Public 028.27
Others 00
Total 100100

GSP Crop Science Peer Comparison

Pesticides & Agrochemicals Edit Columns

GSP Crop Science Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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GSP Crop Science Pros & Cons

Pros

  • Company has delivered good profit growth of 30% CAGR over last 5 years
  • Debtor days have improved from 143.55 to 139.06days.

Cons

    0
  • Company has a low return on equity of 13% over the last 3 years.
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