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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