Top 5 pesticide companies in India

We know that agriculture is the backbone of India. Nearly 42% o the workforce is connected to agriculture indirectly or directly. Farmers can protect plants and crops from unwanted pests and use pesticides to kill the pests. Grouping of pesticides is done base on the pest type it kills.

  • Rodenticides – Rodents such as rats and mice
  • Larvicides- Larvae
  • Insecticides – Kills insects
  • Herbicides – Plants
  • Fungicides – Fungi
  • Bactericides – Bacteria

There are a few more such as Desiccants – that dry up the plant tissue, Defoliants – these cause the plant to drop their leaves. Foggers are used for killing insects, Molluscicides are designed to control slugs, snails, and mollusks, Repellents are used for repelling unwanted pests by smell and tastes. Treated seeds – limit crop damage from insects and fungus. Wood preservatives are used to kill fungus, insects and other pests, etc.

In this article, we will see the top 5 companies that manufacture these pesticides for the farmers.

Bharat Rasayan Ltd –

This Company manufactures different types of pesticides with 40 years of experience and sells them in India and abroad too.  The BRL currently consists of 2 sister concerns those are Bharat Insecticide Limited and BR Agrotech Limited.

This is headquartered in Delhi and has many manufacturing plants across the country such as Dahej (Gujarat), Kaal Amb (H.P), Kathua (J&K), Rohtak (Haryana), and Bahadurgarh (Haryana).

Details are as follows,

  • Total Sales: Rs 1,216 Cr
  • Sales Growth (3Yrs): 29.91 %
  • ROE: 31.90 %
  • Promoter holding: 74.83 %
  • Price to book value: 6.08
  • Market Cap:  3,067 Cr.
  • Debt to equity: 0.37

The types of pesticides they manufacture are fungicides, herbicides, and acaricides, etc. These are used in agriculture, floriculture, and horticulture.

Rallis India Ltd –

This is located in 4 locations with manufacturing facilities. They have a large base of pesticides manufacturing with 30,000 tons/liters of formulations per annum and more than 10,000 Metric tons of technical grade pesticides in the country. The company covers 80% of India’s districts with having more than 1500 dealers and 40,000 retailers across the country.

  • Total Sales: Rs 2,245 Cr
  • Sales Growth (3Yrs): 9.07 %
  • ROE: 12.54 %
  • Promoter holding: 50.09 %
  • Price to book value: 3.26
  • Market Cap:  4,472 Cr.
  • Debt to equity: 0.05

This company has 25 depots, 44 area sales offices, 224 sales territories, and 11 regional offices in India. The products of this company are Taqat, Applaud, Asataf, Ralli Gold, Contaf, Takumi and Solubor, etc are very popular.

Bayer CropScience Ltd –

This Company has a presence in India since 1896. This has a facility in Mumbai and is part of the Bayer Group conglomerate. The details of the company are as follows,

  • Total Sales: Rs 3,280 Cr
  • Sales Growth (3Yrs): -1.01 %
  • ROE: 13.03 %
  • Promoter holding: 71.43 %
  • Price to book value: 7.92
  • Market Cap:  19,134 Cr.
  • Debt to equity: 0.00

This also caters to pesticides for agricultural uses.

UPL Ltd –

This company is one of the largest agrochemical company in the world after acquiring Arysta Life Science Ltd. This company is present in 130+ countries with a revenue of US$ 3.14 billion.

  • Total Sales: Rs 33,140 Cr
  • Sales Growth (3Yrs): 15.84 %
  • ROE: 14.87 %
  • Promoter holding: 27.88 %
  • Price to book value: 3.10
  • Market Cap:  44,712 Cr.
  • Debt to equity: 2.12

This company has market access to more than 90% of the world’s food basket.

Dhanuka Agritech Ltd –

This is one of India’s leading agrochemical companies in the world and the best 200 under a billion companies in Asia-Pacific. It has a presence all over India and has marketing offices in all the major states in India.

It has 3 manufacturing units with 40 warehouses, a network of 14 branch offices, and 7200 distributors, and 75,000 dealers across India.

  • Total Sales: Rs 1,085 Cr
  • Sales Growth (3Yrs): 6.67 %
  • ROE: 17.35 %
  • Promoter holding: 75.00 %
  • Price to book value: 3.45
  • Market Cap:  2,461 Cr.
  • Debt to equity: 0.01

The R&D facility is located in Gurgoan and 3 manufacturing facilities in J&K, Gujarat, and Rajasthan. Its R&D facility in Gurgoan is recognized by the Ministry of science and technology for generating scientific data and evaluation of new chemistry.

They manufacture Fungicides, Herbicides, and Insecticides with 350 SKU’s in the agrochemical industry in India. The major solutions offered for crops are paddy, pulses, cotton, plantation crops, fruits and vegetables and sugarcane, and other wide variety of crops.

Conclusion

We have seen the top 5 companies that manufacture pesticides and have a presence in India. This list is not exhaustive but the list provides a basic idea of top-selling pesticides company in India. There are various pesticides that we have discussed and these company’s cover the top share of pesticide markets in India.