Top 10 Pesticides Companies in India 2023

Here we can see the list of Top 10 Pesticides Companies in India 2023.

List of Top 10 Pesticides Manufacturer Company in India 2023

So here is the list of Top Pesticides Companies in India which is sorted out based on the turnover. The list is arranged in descending order based on sales.

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10. Dhanuka Agritech Ltd

Dhanuka Agritech Limited is one of India’s leading agrochemical Companies and is listed by Forbes Magazine in the category of “200 Best under A Billion Companies in the Asia Pacific”. Dhanuka has a Pan-India presence through its marketing offices in all major states across India.

• Sales₹ 1,677 Cr.
• Operating profit₹ 271 Cr.
• Net profit₹ 217 Cr.
• Sales last year₹ 1,700 Cr.
• EBIDT last year₹ 299 Cr.

The 3 manufacturing units with 40 warehouses and network of over 14 branch offices across the Indian geography caters to 7,200 distributors & approximately 75,000 dealers.

Dhanuka has three states of art manufacturing facilities in Rajasthan, Gujarat, and J&K with well-equipped Quality Testing Facilities. The R&D center is located at Gurgaon, which is recognized by the Ministry of Science & Technology for generating scientific data and evaluation of new chemistry.

• Total Assets₹ 1,405 Cr.
• Reserves₹ 1,052 Cr.
• Debt₹ 33.5 Cr.
• Debt to equity0.03
• Dividend yield0.24 %
• Face value₹ 2.00
• ROE 5Yr22.2 %
• ROCE27.0 %
• ROCE 3Yr31.2 %
• Return on equity21.3 %

Dhanuka Agritech Limited with more than 150 registrations including Herbicides, Insecticides, Fungicides, and Plant Growth Regulators /Bio- Stimulants and with over 350 active SKUs has one of the most extensive market penetration in Agrochemical Industry.

Dhanuka has solutions for all major crops grown in the country including cotton, paddy, wheat, sugarcane, pulses, fruits & vegetables, plantation crops, and others.

Top Chemical Companies in India

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9. Bharat Rasayan Ltd

Bharat Group has created a niche in diverse segments of pest control within the country and abroad too. Banking on their rich collective experience of over 40 years, the trio promoted a mega insecticides company, Bharat Rasayan Limited (BRL).

• Sales₹ 1,146 Cr.
• Operating profit₹ 147 Cr.
• Net profit₹ 94.0 Cr.
• Sales last year₹ 1,234 Cr.
• EBIDT last year₹ 211 Cr.

Currently, BRL is the flagship enterprise of the conglomerate alongside the two sister concerns, Bharat Insecticides Limited (BIL)  and BR Agrotech Limited. The is one of the best agrochemical companies in India.

Headquarters are in New Delhi, the manufacturing units are located in Bahadurgarh and Rohtak (Haryana), Dahej (Gujarat), Kathua (J&K) and Kala Amb (H.P). Plans are afoot to modernize the currently redundant unit near Medak in Telangana

• Total Assets₹ 1,074 Cr.
• Reserves₹ 889 Cr.
• Debt₹ 27.9 Cr.
• Debt to equity0.03
• Dividend yield0.02 %
• Face value₹ 10.0
• ROE 5Yr%
• ROCE19.8 %
• ROCE 3Yr26.1 %
• Return on equity15.4 %

The products portfolio consists of a wide spectrum of high-quality eco-friendly pesticides, fungicides, herbicides, acaricides, etc. to cater to every arena in the agricultural sector of crops (food and commercial), horticulture and floriculture, in applications for public health, house-keeping and veterinary treatment besides loss prevention in warehouses, depots, and granaries. Apart from these, the group has also forayed into the packaging industry on an encouraging note.

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8. Insecticides India Ltd

Insecticides (India) Ltd. is committed to fortify Agriculture with a highly productive and progressive vision and mission to make Indian Farmers prosperous. Having made a modest foray into Indian Agriculture Space in 2002, today Insecticides (India) is one of the premier names in the Crop Protection Industry.

• Sales₹ 1,881 Cr.
• Operating profit₹ 109 Cr.
• Net profit₹ 54.0 Cr.
• Sales last year₹ 1,801 Cr.
• EBIDT last year₹ 123 Cr.

Today with more than 120 formulation products and 15 technical products, Insecticides (India) manufactures all types of insecticides, weedicides, fungicides and PGRs for all types of crops and households.

• Total Assets₹ 1,694 Cr.
• Reserves₹ 886 Cr.
• Debt₹ 163 Cr.
• Debt to equity0.18
• Dividend yield0.58 %
• Face value₹ 10.0
• ROE 5Yr12.6 %
• ROCE9.72 %
• ROCE 3Yr13.6 %
• Return on equity7.07 %

International Tie-ups with Nissan Chemical Industries Limited, Japan for products like Pulsor and Hakama and technical collaboration with AMVAC, the USA for Products like Thimet and Nuvan corroborate efforts to make agriculture rewarding for Indian Farmers.

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7. Rallis India Ltd

With factories spread over 4 locations, we have the large enough capacity in the country today, producing more than 10,000 M.T. of technical grade pesticide and about 30,000 Tons/Litres of formulations per annum.

The company distribution network covers 80% of India’s districts with more than 1500 dealers and 40,000 retailers across India. Rallis India is seventh in the list of top 10 pesticides company in India 2019.

• Sales₹ 2,887 Cr.
• Operating profit₹ 217 Cr.
• Net profit₹ 87.6 Cr.
• Sales last year₹ 2,967 Cr.
• EBIDT last year₹ 233 Cr.

The company has 11 Regional Offices, 44 Area Sales Offices, more than 25 Depots and 225 well-defined sales territories across the country. It is one of the best agrochemical companies in India.

• Total Assets₹ 2,798 Cr.
• Reserves₹ 1,711 Cr.
• Debt₹ 137 Cr.
• Debt to equity0.08
• Dividend yield0.00 %
• Face value₹ 1.00
• ROE 5Yr10.9 %
• ROCE7.77 %
• ROCE 3Yr13.4 %
• Return on equity5.37 %

According to the latest Brand survey conducted to gauge the top of the mind recall of products in the agriculture industry, 7 of the top 11 brands were Rallis Brands. Today products like Asataf, Contaf, Applaud, Takumi, Taqat, Solubor and Ralli Gold are very popular and trusted brands among the farming community.

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6. Meghmani Organics Ltd

Meghmani Organics is one of the leading pigments and agrochemicals manufacturers in India. Meghmani Organics Limited is an India-based manufacturer of pigment and pesticide products. The Company’s segments include Pigments, Agro Chemicals, Basic Chemicals, and Others. The Pigments segment manufactures and distributes Phthalocyanine Green 7, Copper Phthalocyanine Blue, Alpha Blue, and Beta Blue.

• Sales₹ 2,195 Cr.
• Operating profit₹ 187 Cr.
• Net profit₹ 94.2 Cr.
• Sales last year₹ 2,553 Cr.
• EBIDT last year₹ 437 Cr.

The Agro Chemicals segment manufactures and distributes technical, intermediates and formulations of insecticides. The Company produces pesticides for crop and non-crop applications, such as for public health, insect control in wood preservation and food grain storage.

• Total Assets₹ 3,198 Cr.
• Reserves₹ 1,644 Cr.
• Debt₹ 824 Cr.
• Debt to equity0.49
• Dividend yield1.76 %
• Face value₹ 1.00
• ROE 5Yr%
• ROCE16.1 %
• ROCE 3Yr19.7 %
• Return on equity14.2 %

The Company’s brands include Megastar, Megacyper, Megaban, Synergy, and Courage. The Company’s basic chemical portfolio includes caustic soda, chlorine, and hydrogen.

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5. Sumitomo Chemical India Ltd

Sumitomo Chemical has its origins in the Sumitomo Fertilizer Manufactory, which was founded to resolve the air pollution problems created by Sumitomo’s copper smelting operation at the Besshi Copper Mine (in present-day Niihama, Ehime Prefecture, Japan) by removing the sulfur from the copper ore, which was the cause of the pollution and using it to manufacture fertilizer.

• Sales₹ 3,250 Cr.
• Operating profit₹ 561 Cr.
• Net profit₹ 427 Cr.
• Sales last year₹ 3,511 Cr.
• EBIDT last year₹ 713 Cr.

The company was founded in 1913. It is the fifth among the top 10 pesticides company in India. It is the best agrochemical companies in India.

• Total Assets₹ 3,369 Cr.
• Reserves₹ 1,881 Cr.
• Debt₹ 34.0 Cr.
• Debt to equity0.01
• Dividend yield0.27 %
• Face value₹ 10.0
• ROE 5Yr22.8 %
• ROCE30.2 %
• ROCE 3Yr32.2 %
• Return on equity23.4 %

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4. Bayer CropScience Ltd

Bayer established its presence in India in 1896 when the first wholly-owned subsidiary of Bayer in Asia “Farbenfabriken Bayer and Co. Ltd.” was set up in Mumbai. With Bayer expanding its activities in emerging markets, India is of strategic importance to Bayer’s activities worldwide.

• Sales₹ 5,212 Cr.
• Operating profit₹ 954 Cr.
• Net profit₹ 784 Cr.
• Sales last year₹ 5,140 Cr.
• EBIDT last year₹ 988 Cr.

The Bayer Group in India includes the Crop Science and Pharmaceuticals divisions as well as the Animal Health business unit. It is fourth in the list of top 10 pesticides company in India 2023.

The Crop Science Division is Bayer’s largest business in India with businesses in seeds & traits, crop protection, bio-ag and non-agricultural pest control (Environmental Science). The Animal Health Business Unit is part of the Crop Science Division and ranks among the leading international innovators in its field.

• Total Assets₹ 4,679 Cr.
• Reserves₹ 2,667 Cr.
• Debt₹ 73.5 Cr.
• Debt to equity0.03
• Dividend yield2.46 %
• Face value₹ 10.0
• ROE 5Yr22.0 %
• ROCE33.7 %
• ROCE 3Yr31.8 %
• Return on equity25.9 %

It develops and markets products and solutions for the prevention and treatment of diseases in companion and farm animals.

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3. P I Industries Ltd

Founded in 1946, The company works with a unique business model across the Agchem value chain from R&D to distribution providing innovative solutions by partnering with the best. Founded and Incorporated by the name Mewar Oil & General Mills Ltd.

• Sales₹ 6,859 Cr.
• Operating profit₹ 1,658 Cr.
• Net profit₹ 1,350 Cr.
• Sales last year₹ 6,492 Cr.
• EBIDT last year₹ 1,710 Cr.

The company scaled new heights by becoming the biggest producer of generic molecules like Profenofos, Ethion, Phorate. It is the Third Largest in the list of top 10 pesticides companies in India.

• Total Assets₹ 8,480 Cr.
• Reserves₹ 7,183 Cr.
• Debt₹ 46.5 Cr.
• Debt to equity0.01
• Dividend yield0.29 %
• Face value₹ 1.00
• ROE 5Yr17.5 %
• ROCE21.7 %
• ROCE 3Yr20.3 %
• Return on equity18.5 %

The company is pioneers in the introduction of granular formulations in India and is the largest seller in this segment. Known for technological capabilities in Chemistry/ Engineering related services and on the other hand, have built leading brands over the last 72 years and connected with more than 84,000 retail points pan India.

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2. BASF India Ltd

BASF is the world’s leading chemical company. The company aims to constantly increase the value of our company by profitable growth and to remain the number one in chemistry.

• Sales₹ 13,132 Cr.
• Operating profit₹ 574 Cr.
• Net profit₹ 319 Cr.
• Sales last year₹ 13,645 Cr.
• EBIDT last year₹ 712 Cr.

The company portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. It is the second Largest in the list of top 10 pesticides companies in India.

• Total Assets₹ 6,565 Cr.
• Reserves₹ 2,658 Cr.
• Debt₹ 106 Cr.
• Debt to equity0.04
• Dividend yield0.32 %
• Face value₹ 10.0
• ROE 5Yr14.4 %
• ROCE20.1 %
• ROCE 3Yr25.5 %
• Return on equity15.2 %

BASF has successfully partnered India’s progress for over 127 years. In 2019, BASF India Limited, the flagship company of BASF in India, celebrates 75 years of incorporation in the country. 

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1. UPL Ltd

UPL is engaged in the business of agrochemicals, industrial chemicals, chemical intermediates, specialty chemicals and production and sale of field crops and vegetable seeds. It is the Largest in the list of top 10 pesticides companies in India.

• Sales₹ 51,718 Cr.
• Operating profit₹ 9,239 Cr.
• Net profit₹ 3,511 Cr.
• Sales last year₹ 53,576 Cr.
• EBIDT last year₹ 10,809 Cr.

The 5th Largest agrochemical company in the world, after the acquisition of Arysta LifeScience, UPL is a global leader in global food systems. With a revenue of US$3.14 billion, UPL is now present in 130+ countries.

• Total Assets₹ 86,115 Cr.
• Reserves₹ 29,694 Cr.
• Debt₹ 23,985 Cr.
• Debt to equity0.80
• Dividend yield1.63 %
• Face value₹ 2.00
• ROE 5Yr14.6 %
• ROCE14.3 %
• ROCE 3Yr13.8 %
• Return on equity13.4 %

The Company has market access to 90% of the world’s food basket and is focused on ushering growth and progress for the complete agricultural value chain including growers, distributors, suppliers and innovation partners.

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