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14.07.2019


SUPER CROP SAFE LTD (CMP23)
Target -  50 SL – 17 Time Frame 12 to 24 Months

Super Crop Safe Limited (SUCROSA) is one of the leading players in Agrochemical Industry with presence in more than 8 states with 2100+ distributors' network. It engaged in manufacturing of various types of agro chemicals like technical grade pesticides, formulation of insecticides, fungicides and weedicides since inception. At present, the company supplies more than 100 products in the market under various brand names. The Company moves towards biological and herbal products which are based on sustainable development that balances the need for economic growth with environmental protection and social equity. The Technical Grade Pesticides manufacturing unit & formulation unit are located at Himmatpura in Bilodra about 65 kms away from Ahmedabad on 20,000 sq. yd. land.

During FY19, it has reported PAT of Rs.5.45crore on sales of Rs.64.75crore. Its bottom-line has grown at 93.34% CAGR over the last four years. Future Plans: Ishwarbhai Patel, Chairman & CEO, Super Crop Safe, said," We are constantly making efforts to remove low margin products and increase the high margin products in our basket which will add as a booster to the topline, EBITDA and PAT in coming times. As you all know, last year we have started our distribution network in Uttar Pradesh, benefits of which will be reflecting in this year. We are in continuous process of expanding our distribution network into new geographies transforming our network across PAN India. SuperGold and triNetra has succeeded to embark its footprints in the Biofertilizers segment which will give a kicker to the company. We have around 2-3 products in R&D pipeline that will soon be introduced in the market." Nutraceutical segment is a blooming market in India, with everybody focusing on their health.This segment includes high demand and high margin products, ultimately the demand for nutraceutical segment will be very high in coming years. Spirulina has received all the permissions related to manufacturing and marketing. A Spirulina based Energy drink and few other products are at the final stage of development which will help us to enter the new market segment." The company is planning to set up a technical grade plant for which we have already applied for the land acquisition and we will be receiving the permission very soon. As soon as we receive the permission, we will start the plant development work. At present, company holds the 10 technical grade licenses. The production from this plant will be used for captive use as well as for sale in the market. This will boost the topline, EBITDA and PAT massively that will assist your company to make a new space in the agrochemicals segment.Entry in nutraceutical segment and set up a technical grade plant will be game changer for this company.

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