Sharda Cropchem (NSE:SHARDACROP) Piotroski F-Score: 7 (As of Jul. 01, 2026) — 17% Above Median


NSE:SHARDACROP Sharda Cropchem Ltd NSE:SHARDACROP
91 GF Score
Price ₹879.45
GF Value ₹888.09
Valuation Fairly Valued
! 1 Warning Sign
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What is Sharda Cropchem Piotroski F-Score?

Sharda Cropchem NSE:SHARDACROP -0.11% 91 Piotroski F-Score is 7 as of Jul. 01, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates NSE:SHARDACROP with a GF Score™ of 91/100 and a GF Value™ of ₹888.09 (Fairly Valued). The stock has 1 warning sign investors should review. Among 251 Agriculture companies, Sharda Cropchem ranks better than 90.04% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Sharda Cropchem has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Sharda Cropchem's Piotroski F-Score or its related term are showing as below:

NSE:SHARDACROP' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Sharda Cropchem was 8. The lowest was 3. And the median was 6.

Sharda Cropchem  (NSE:SHARDACROP) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Sharda Cropchem Piotroski F-Score Related Terms


Sharda Cropchem Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sharda Cropchem's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sharda Cropchem Piotroski F-Score Chart

Sharda Cropchem Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 4.00 5.00 8.00 7.00

Sharda Cropchem Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.00 0.00 0.00 0.00 7.00

NSE:SHARDACROP vs CTVA, CF, MOS: Piotroski F-Score Comparison

For the Agricultural Inputs subindustry, Sharda Cropchem's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sharda Cropchem Piotroski F-Score vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sharda Cropchem's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Sharda Cropchem's Piotroski F-Score falls into.


NSE:SHARDACROP
91GF Score
Sharda Cropchem Ltd NSE:SHARDACROP
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was ₹6,809 Mil.
Cash Flow from Operations was ₹6,557 Mil.
Revenue was ₹52,676 Mil.
Gross Profit was ₹18,904 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (47248.516 + 57803) / 2 = ₹52525.758 Mil.
Total Assets at the begining of this year (Mar25) was ₹47,249 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹44,381 Mil.
Total Current Liabilities was ₹23,862 Mil.
Net Income was ₹3,044 Mil.

Revenue was ₹43,199 Mil.
Gross Profit was ₹12,918 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (40383.224 + 47248.516) / 2 = ₹43815.87 Mil.
Total Assets at the begining of last year (Mar24) was ₹40,383 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹35,864 Mil.
Total Current Liabilities was ₹19,857 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Sharda Cropchem's current Net Income (TTM) was 6,809. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Sharda Cropchem's current Cash Flow from Operations (TTM) was 6,557. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=6808.61/47248.516
=0.14410209

ROA (Last Year)=Net Income/Total Assets (Mar24)
=3043.783/40383.224
=0.07537246

Sharda Cropchem's return on assets of this year was 0.14410209. Sharda Cropchem's return on assets of last year was 0.07537246. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Sharda Cropchem's current Net Income (TTM) was 6,809. Sharda Cropchem's current Cash Flow from Operations (TTM) was 6,557. ==> 6,557 <= 6,809 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0/52525.758
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/43815.87
=0

Sharda Cropchem's gearing of this year was 0. Sharda Cropchem's gearing of last year was 0. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=44380.986/23861.946
=1.8599064

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=35863.954/19857.422
=1.80607301

Sharda Cropchem's current ratio of this year was 1.8599064. Sharda Cropchem's current ratio of last year was 1.80607301. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Sharda Cropchem's number of shares in issue this year was 90.216. Sharda Cropchem's number of shares in issue last year was 90.213. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=18903.817/52675.852
=0.35887065

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=12917.994/43198.53
=0.29903781

Sharda Cropchem's gross margin of this year was 0.35887065. Sharda Cropchem's gross margin of last year was 0.29903781. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=52675.852/47248.516
=1.11486786

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=43198.53/40383.224
=1.06971474

Sharda Cropchem's asset turnover of this year was 1.11486786. Sharda Cropchem's asset turnover of last year was 1.06971474. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+0+1+1+0+1+1
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Sharda Cropchem has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Sharda Cropchem (NSE:SHARDACROP) has a Piotroski F-Score of 7 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sharda Cropchem and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Sharda Cropchem's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Sharda Cropchem ranks #25 out of 251 companies in the Agriculture industry, placing it in the top 10%.
Is Sharda Cropchem's Piotroski F-Score too high?
Sharda Cropchem's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Agriculture industry median Piotroski F-Score is 5.00. Sharda Cropchem's value of 7 is 40% above this industry median. Based on the distribution chart, Sharda Cropchem ranks #25 out of 251 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Sharda Cropchem has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sharda Cropchem's Piotroski F-Score compare to CTVA and CF?
According to the Agriculture industry distribution chart, Sharda Cropchem ranks #25 out of 251 companies for Piotroski F-Score. This places Sharda Cropchem in the top 10% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Sharda Cropchem's value of 7 is 40% above this benchmark. Historically, Sharda Cropchem's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Sharda Cropchem has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Agriculture company?
The median Piotroski F-Score among Agriculture companies is 5.00, based on 251 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sharda Cropchem's current Piotroski F-Score of 7 is 40% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sharda Cropchem and its competitors. For the Agriculture industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharda Cropchem's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharda Cropchem stock overvalued right now?
Based on GuruFocus' analysis, Sharda Cropchem (NSE:SHARDACROP) is currently considered Fairly Valued. The stock's GF Value™ is ₹888.09, compared to a current price of ₹879.45 — trading 1% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Agriculture industry median of 5.00. Sharda Cropchem's overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Sharda Cropchem (NSE:SHARDACROP), the current Piotroski F-Score is 7 as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sharda Cropchem (NSE:SHARDACROP) Overvalued in 2026?

Based on GuruFocus' analysis, Sharda Cropchem stock appears to be undervalued. The current stock price of ₹879.45 is trading 1% below its estimated GF Value™ of ₹888.09. GuruFocus considers Sharda Cropchem to be Fairly Valued.

Key valuation signals for NSE:SHARDACROP:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: ₹888.09 vs. price of ₹879.45 (1% below fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 40% above the Agriculture median (#25 of 251)

No single metric tells the full story. See the NSE:SHARDACROP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sharda Cropchem Business Description

Other Exchanges 538666:India
Address Dashrathlal Joshi Road, 2nd Floor, Prime Business Park, Vile Parle (West), Mumbai, MH, IND, 400 056
Sharda Cropchem Ltd is an agrochemical company based in India. It markets and sells formulations and active ingredients for agricultural purposes through its subsidiaries. The company functions through two segments, which are Agrochemicals and Non-Agrochemicals. The company earns a majority of its income through the development and sale of agrochemicals such as insecticides, herbicides, fungicides, and biocides. It sells conveyor belts, V-belts, timing belts, dyes, and general chemicals. and dye intermediaries under the Non-Agrochemicals segment. Geographically, it derives its key revenue from Europe and the rest from the NAFTA countries, Latin America, India, and the rest of the world.
91GF Score

Get the complete analysis for NSE:SHARDACROP

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹879.45
Price
₹888.09
GF Value