On 6 Nov 2026, Bayer Cropscience was priced at ₹3,316.30, or 20.0× trailing earnings, against an industry P/E of 14.4×, and the shares are 34% below their 52-week high. Sales grew 3.6% a year over 3 years while net profit fell 3.1%; its ROCE of 28% is the highest among the 7 largest Agricultural Inputs peers. It carries very little debt, and its dividend yield is 4.5%. It is a small-cap company with a market cap of ₹14,904 Cr, ranked 7th of 72 Agricultural Inputs companies by market cap; the shares fell 32% over the past year.
- ₹3,336.30
- ₹3,336.30
- ₹3,277.00
- ₹3,300.30
- 47.7K
Health check
- ReturnsBehind
−31.7% over a year, better than 2 of 7 peers.
- Price tagPricier
P/E 20.0 vs industry 14.4.
- GrowthSteady
Sales +3.6%, profit −3.1% a year over 3 years.
- ProfitabilityStrong
ROCE 27.9% vs peer median 20.7%.
- Balance sheetSolid
Practically debt-free, Piotroski 7 of 9.
- Red flags2 to check
Quarterly sales down 19.5% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹14,904 Cr
- Small cap
- P/E
- 20.0
- Industry 14.4
- Price to book
- 4.68
- Peers 2.30
- Dividend yield
- 4.55%
- ROE
- 23.6%
- Peers 12.5%
- ROCE
- 27.9%
- Peers 20.7%
- Debt to equity
- 0.02
- Debt ₹70 Cr
- EPS (TTM)
- ₹165.90
- Face value ₹10
- OPM (TTM)
- 17.1%
- Net margin 13.9%
- Sales growth
- −19.5%
- Latest quarter vs a year ago
- Profit growth
- +8.8%
- Latest quarter vs a year ago
- Price to sales
- 2.78
- EV/EBITDA 15.7
Strengths and risks
Strengths
- Return on equity of 23.6%.
- Return on capital employed of 27.9%.
- Practically debt-free.
- Dividend yield of 4.55%.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Quarterly sales down 19.5% on a year ago.
- 34% below its 52-week high.
About Bayer Cropscience
Bayer CropScience Limited, together with its subsidiaries, engages in the agriculture business in India, Germany, Bangladesh, and internationally. The company manufactures, sells, and distributes agrochemical products, including insecticides, fungicides, herbicides, seed treatment solutions, and biologicals; produces, sells, and distributes hybrid corn seeds, as well as rice, fruits, and vegetables; and integrates digital farming solutions, such as remote…
- Headquarters
- Thane
- Employees
- 1,074
- Sector
- Basic Materials
- ISIN
- INE462A01022
- Website
- bayer.in
Price range
- Avg volume (3M)
- 29.5K
- 1-year return
- minus 31.7%
- From 52-week high
- minus 34.5%
Analyst consensus
Peers · Agricultural Inputs
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| COROMANDELCoromandel International | 1,824.00 | minus 4.00% | 53,730 | 29.4 | 17.0 | 20.9% | 9.4% | 0.11 | 10.2% | minus 12.4% |
| FACTFertilisers and Chemicals Travancore | 750.25 | minus 1.24% | 48,547 | – | 703.5 | 14.2% | 0.0% | 2.95 | 0.0% | minus 15.3% |
| UPLUPL | 534.90 | plus 1.60% | 45,214 | 23.9 | 6.0 | 9.9% | 20.0% | 0.83 | −1.2% | minus 28.0% |
| PIINDPI Industries | 1,735.00 | minus 1.98% | 26,321 | 30.0 | 13.1 | 14.7% | 24.2% | 0.03 | 1.1% | minus 51.9% |
| SUMICHEMSumitomo Chemical India | 328.95 | plus 0.34% | 16,419 | 29.4 | 21.0 | 21.0% | 20.3% | 0.02 | −2.6% | minus 34.4% |
| CHAMBLFERTChambal Fertilizers & Chemicals | 384.70 | minus 0.91% | 15,413 | 8.1 | 5.7 | 21.8% | 13.7% | 0.16 | −9.2% | minus 19.4% |
| BAYERCROPBayer Cropscience | 3,316.30 | plus 0.48% | 14,904 | 20.0 | 15.4 | 27.9% | 16.0% | 0.03 | 3.6% | minus 31.7% |
| PARADEEPParadeep Phosphates | 142.32 | plus 2.51% | 14,780 | 17.4 | 9.4 | 20.7% | 8.6% | 1.38 | 28.8% | minus 17.4% |
| Median of 7 peers | – | −0.91% | 26,321 | 26.6 | 13.1 | 20.7% | 13.7% | 0.16 | 0.0% | −19.4% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 1,553 | 1,106 | 1,101 | 1,835 | 1,251 | |
| 1,348 | 989 | 898 | 1,467 | 1,033 | |
| 205 | 117 | 203 | 368 | 218 | |
| 13.2% | 10.6% | 18.4% | 20.0% | 17.4% | |
| 13.8 | 15.9 | 46.6 | 88.9 | 13.4 | |
| 4.4 | 5.2 | 5.5 | 4.3 | 4.7 | |
| 14.4 | 14.8 | 37.6 | 50.1 | 15 | |
| 200 | 113 | 206 | 402 | 211 | |
| 23.8% | 15.3% | 21.5% | 20.0% | 21.4% | |
| 153 | 95.7 | 162 | 322 | 166 | |
| 33.98 | 21.29 | 36.07 | 71.56 | 36.98 |
Profit & loss
- Sales CAGR 3Y
- +3.6%
- Profit CAGR 3Y
- −3.1%
- EPS CAGR 3Y
- −3.1%
- ROE
- 23.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4,945 | 4,892 | 5,314 | 5,498 | |
| – | minus 1.1% | +8.6% | +3.5% | |
| 4,006 | 3,910 | 4,620 | 4,620 | |
| 939 | 983 | 694 | 878 | |
| 19.0% | 20.1% | 13.1% | 16.0% | |
| 43.9 | 63 | 73 | 57.1 | |
| 22.3 | 19.6 | 17 | 19.8 | |
| 79.5 | 74 | 84.9 | 94 | |
| 109 | −10.5 | 42 | 33.7 | |
| 990 | 941 | 707 | 855 | |
| 23.4% | 21.3% | 19.7% | 19.4% | |
| 758 | 741 | 568 | 689 | |
| – | minus 2.3% | minus 23.3% | +21.3% | |
| 168.71 | 164.77 | 126.38 | 153.35 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 44.9 | 44.9 | 44.9 | 44.9 | |
| 2,667 | 2,805 | 2,806 | 2,921 | |
| 73.5 | 47.1 | 105 | 81.8 | |
| 1,893 | 1,701 | 2,290 | 2,652 | |
| 4,679 | 4,597 | 5,246 | 5,699 | |
| 436 | 385 | 429 | 409 | |
| 7.6 | 8.6 | 2.5 | 7.2 | |
| 5.4 | 7.2 | 4.8 | 4.4 | |
| 902 | 1,211 | 921 | 1,472 | |
| 3,328 | 2,986 | 3,888 | 3,807 | |
| 4,679 | 4,597 | 5,246 | 5,699 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 609 | 952 | 262 | 1,079 | |
| 83.3 | 0.4 | 85.6 | 72.5 | |
| −613 | −656 | −619 | −624 | |
| 79.4 | 296 | −272 | 527 | |
| −77.3 | −45.7 | −43.4 | −64.5 | |
| 532 | 906 | 219 | 1,014 | |
| −561 | −607 | −561 | −563 |
Shareholding pattern
- Promoters68.69%
- Public31.31%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 31 Dec 2018 | 68.69% | 31.31% | 0.00 | |
| 30 Sep 2018 | 68.69% | 31.31% | 0.00 | |
| 30 Jun 2018 | 68.69% | 31.31% | 0.00 | |
| 31 Mar 2018 | 68.69% | 31.31% | 0.00 | |
| 31 Dec 2017 | 68.69% | 31.31% | – |
Major shareholders
Filings & events
News
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