---
title: "Excel Crop Care Ltd(Merged) (EXCELCROP) — Share Price, Financials & Analysis"
symbol: "EXCELCROP"
company: "Excel Crop Care Ltd(Merged)"
canonical: "https://tapetide.com/stocks/EXCELCROP"
isin: "INE223G01017"
nse_symbol: "EXCELCROP"
generated_at: "2026-09-13T21:47:29.286Z"
---

# Excel Crop Care Ltd(Merged) (EXCELCROP)

Canonical page: https://tapetide.com/stocks/EXCELCROP

## Company

- **NSE Symbol:** EXCELCROP
- **ISIN:** INE223G01017
- **Stock Type:** DELISTED
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** excelcropcare.com

## About

Excel Crop Care is engaged in the business of agro chemicals and manufactures technical grade pesticides and formulations. The Company also manufactures and markets other agri inputs like soil enrichers bio-pesticides plant growth regulators and soil and plant nutrition products. The Company has presence in domestic and international markets.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 17.6%

### Weaknesses

- The company has delivered a poor sales growth of 8.71% over past five years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -24% | 11% | 31% |
| revenue growth | 3% | 5% | 9% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 267 | 178 | 236 | 296 | 385 | 259 | 207 | 400 | 409 | 232 | 273 | 379 |
| Expenses | 227 | 171 | 227 | 257 | 312 | 237 | 202 | 337 | 340 | 225 | 261 | 338 |
| Operating Profit | 40 | 7 | 9 | 39 | 72 | 21 | 5 | 62 | 68 | 7 | 12 | 41 |
| OPM % | 15 | 4 | 3.7 | 13 | 19 | 8 | 2.3 | 16 | 17 | 2.9 | 4.3 | 11 |
| Other Income | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 1 |
| Depreciation | 5 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 5 | 4 | 5 | 5 |
| Profit before tax | 37 | 4 | 7 | 36 | 69 | 17 | 0 | 59 | 64 | 3 | 7 | 35 |
| Tax % | 27 | 30 | 16 | 33 | 34 | 25 | 447 | 34 | 35 | 4 | 27 | 33 |
| Net Profit | 27 | 3 | 6 | 24 | 45 | 13 | -1 | 38 | 42 | 2 | 5 | 24 |
| EPS in Rs | 24.47 | 2.44 | 5.45 | 21.74 | 41.05 | 11.71 | -0.47 | 35 | 37.98 | 2.24 | 4.3 | 21.45 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 614 | 720 | 672 | 755 | 952 | 994 | 862 | 946 | 1147 | 1293 |
| Expenses | 564 | 633 | 623 | 705 | 849 | 891 | 770 | 848 | 1010 | 1165 |
| Operating Profit | 50 | 87 | 49 | 51 | 103 | 103 | 92 | 98 | 137 | 128 |
| OPM % | 8 | 12 | 7 | 7 | 11 | 10 | 11 | 10 | 12 | 10 |
| Other Income | 24 | -3 | 1 | 6 | 12 | 11 | 10 | 15 | 3 | 1 |
| Interest | 9 | 10 | 14 | 13 | 5 | 6 | 3 | 1 | 2 | 2 |
| Depreciation | 9 | 13 | 14 | 14 | 14 | 17 | 18 | 17 | 17 | 20 |
| Profit before tax | 57 | 62 | 22 | 30 | 97 | 91 | 82 | 95 | 122 | 108 |
| Tax % | 34 | 29 | 28 | 29 | 30 | 29 | 27 | 26 | 33 | — |
| Net Profit | 37 | 44 | 16 | 21 | 67 | 64 | 60 | 70 | 81 | 73 |
| EPS in Rs | 34.04 | 39.72 | 14.19 | 19.47 | 61.14 | 58.62 | 54.16 | 64.04 | 73.92 | 65.97 |
| Dividend Payout % | 18 | 9 | 14 | 15 | 20 | 21 | 23 | 18 | 12 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 134 | 164 | 203 | 216 | 233 | 284 | 331 | 374 | 430 | 515 |
| Borrowings | 148 | 145 | 123 | 131 | 75 | 42 | 71 | 19 | 0 | 10 |
| Other Liabilities | 139 | 167 | 158 | 218 | 194 | 298 | 236 | 243 | 294 | 382 |
| Total Liabilities | 427 | 482 | 488 | 571 | 507 | 629 | 643 | 642 | 729 | 912 |
| Fixed Assets | 101 | 108 | 114 | 130 | 129 | 136 | 153 | 171 | 188 | 202 |
| CWIP | 2 | 2 | 3 | 4 | 6 | 6 | 7 | 7 | 11 | 6 |
| Investments | 3 | 3 | 7 | 5 | 5 | 5 | 9 | 11 | 1 | 2 |
| Other Assets | 321 | 369 | 364 | 431 | 367 | 482 | 473 | 453 | 529 | 702 |
| Total Assets | 427 | 482 | 488 | 571 | 507 | 629 | 643 | 642 | 729 | 912 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 27 | 35 | 68 | 59 | 72 | 55 | 35 | 94 | 66 | 17 |
| Cash from Investing Activity | -20 | -17 | -30 | -48 | 1 | -14 | -35 | -34 | -10 | -28 |
| Cash from Financing Activity | -8 | -19 | -41 | -13 | -69 | -42 | 8 | -72 | -52 | 8 |
| Net Cash Flow | -1 | -1 | -2 | -2 | 4 | 0 | 9 | -11 | 4 | -3 |
| Free Cash Flow | 5 | 18 | 42 | 30 | 60 | 30 | -3 | 58 | 35 | -12 |
| CFO/OP | 69 | 114 | 101 | 136 | 157 | 85 | 58 | 127 | 88 | 41 |

### Ratios

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 71 | 98 | 76 | 89 | 69 | 57 | 66 | 69 | 83 | 79 |
| Inventory Days | 117 | 153 | 142 | 165 | 112 | 145 | 132 | 148 | 178 | 196 |
| Days Payable | 82 | 128 | 102 | 143 | 99 | 136 | 96 | 116 | 162 | 174 |
| Cash Conversion Cycle | 106 | 123 | 117 | 110 | 81 | 66 | 102 | 101 | 99 | 101 |
| Working Capital Days | 99 | 121 | 103 | 105 | 80 | 70 | 86 | 93 | 93 | 105 |
| ROCE % | 22 | 22 | 25 | 12 | 13 | 29 | 24 | 19 | 20 | 26 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- |
| Promoters | 64.97% | 64.97% | 64.97% | 64.97% |
| FIIs | 0.18% | 0.23% | 0.26% | 0.26% |
| DIIs | 9.49% | 6.65% | 6.67% | 6.68% |
| Public | 25.36% | 28.15% | 28.11% | 28.1% |
| No. of Shareholders | 10786 | 11443 | 11560 | 11537 |

### Quarterly

| Category | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 24.72% | 64.97% | 64.97% | 64.97% | 64.97% | 64.97% | 64.97% | 64.97% | 64.97% | 64.97% | 64.97% | 64.97% |
| FIIs | 0.09% | 0.19% | 0.18% | 0.18% | 0.2% | 0.2% | 0.23% | 0.26% | 0.23% | 0.26% | 0.26% | 0.26% |
| DIIs | 9.49% | 9.48% | 9.49% | 9.49% | 9.48% | 7.82% | 6.65% | 6.72% | 6.67% | 6.65% | 6.67% | 6.68% |
| Government | 0% | 0% | 0% | 0% | 0% | 0.51% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 65.7% | 25.37% | 25.36% | 25.36% | 25.35% | 26.5% | 28.15% | 28.05% | 28.13% | 28.12% | 28.11% | 28.1% |
| No. of Shareholders | 10790 | 10804 | 10786 | 10713 | 10629 | 10688 | 11443 | 11309 | 11405 | 11470 | 11560 | 11537 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 18.43 | Sell |
| EMA (10) | 18.09 | Sell |
| SMA (20) | 19.48 | Sell |
| EMA (20) | 18.8 | Sell |
| SMA (50) | 19.67 | Sell |
| EMA (50) | 19.08 | Sell |
| SMA (100) | 18.52 | Sell |
| EMA (100) | 19.1 | Sell |
| SMA (200) | 19.29 | Sell |
| EMA (200) | 20.95 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 32.25 | Neutral |
| MACD (12,26,9) | -0.67 | Sell |
| Stochastic (14,3,3) | 7.17 | Buy |
| ADX (14) | 17.02 | Neutral |
| Williams %R (14) | -87.02 | Buy |
| ATR (14) | 1.14 | High Volatility |
| ROC (12) | -20.1 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 32.82 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 31 Aug 2019 - Today i.e. on 31st August, 2019, our Company (Transferor Company) and Sumitomo Chemical India Limited (Transferee Company) have filed the certified copy of Order dated … | [Intimation Of Form INC-28 Filed With Registrar Of Companies 31 Aug 2019 - Today i.e. on 31st August, 2019, our Company (Transferor Company) and Sumitomo Chemical India Limited (Transferee Company) have filed the certified copy of Order dated …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6e237124-100c-438f-97d5-d2590daaecc0.pdf) |
| 31 Aug 2019 - Today i.e. on 31st August, 2019, our Company (Transferor Company) and Sumitomo Chemical India Limited (Transferee Company) have filed the certified copy of Order dated … | [Intimation Of Form INC-28 Filed With Registrar Of Companies 31 Aug 2019 - Today i.e. on 31st August, 2019, our Company (Transferor Company) and Sumitomo Chemical India Limited (Transferee Company) have filed the certified copy of Order dated …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6e237124-100c-438f-97d5-d2590daaecc0.pdf) |
| 31 Aug 2019 - Press release being issued in connection with completion of merger of Excel Crop Care Limited with Sumitomo Chemical India Limited. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 31 Aug 2019 - Press release being issued in connection with completion of merger of Excel Crop Care Limited with Sumitomo Chemical India Limited.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee823048-a975-4caa-a5a6-cd6c08d1bce0.pdf) |
| 31 Aug 2019 - Press release being issued in connection with completion of merger of Excel Crop Care Limited with Sumitomo Chemical India Limited. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 31 Aug 2019 - Press release being issued in connection with completion of merger of Excel Crop Care Limited with Sumitomo Chemical India Limited.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ee823048-a975-4caa-a5a6-cd6c08d1bce0.pdf) |
| — | [Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 23 Aug 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=edbd26a4-a40b-4de7-8d71-2949b06fa2a6.pdf) |
| — | [Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 23 Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/edbd26a4-a40b-4de7-8d71-2949b06fa2a6.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Aug 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12741e2a-ed7d-4e8c-89e8-766dabf1c2ae.pdf) |
| — | [Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 21 Aug 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ddea1a37-5937-4835-8ee7-3c3ec47f427b.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/12741e2a-ed7d-4e8c-89e8-766dabf1c2ae.pdf) |
| — | [Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 21 Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ddea1a37-5937-4835-8ee7-3c3ec47f427b.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Aug 2018 | [Concall - Aug 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5636ca55-c3b0-4f60-919a-f71f54a32776.pdf) |
| Aug 2018 | [Concall - Aug 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/8/5636ca55-c3b0-4f60-919a-f71f54a32776.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_EXCELCROP_2010_2011_27062011130505.zip) |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_EXCELCROP_2009_2010_20082010120000.zip) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532511/5325110318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532511/5325110317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532511/5325110316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/532511/5325110315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/532511/5325110314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/532511/5325110313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/532511/5325110312.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/532511/5325110311.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T21:47:29.286Z.