
About GSP Crop Science Limited
Data last updated:
GSP Crop Science Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the crop protection segment of the agriculture sector. It was incorporated on 12 February 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L24120GJ1985PLC007641. Its GSTIN is 24AAACG7984Q1ZU (Gujarat). The company holds 23 GST registrations, of which 19 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544733 and NSE: GSPCROP.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹46.52 Cr. It was formerly known as Gujarat Superphoshate Industries Private Limited and Gujarat Superphosphate Industries Private Limited. It is led by directors including Bhavesh Vrajmohan Shah (Managing Director) and Tirth Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,517.11 Cr, a growth of 18.1% compared to the previous year. For the same year it recorded a net profit of ₹100.92 Cr (net margin 6.7%) and EBITDA of ₹180.58 Cr (EBITDA margin 11.9%). The net worth stands at ₹771.66 Cr (up 71.5% YoY). Total assets are valued at ₹1,037.52 Cr (up 38% YoY).
The company has about 1,106 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: GSP Crop Science. As per MCA filings, the company has open charges of ₹995.82 Cr and satisfied charges of ₹155 Cr on record. Court records list 1,425 cases involving the company, including 1,261 filed by the company and 164 filed against it; 388 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gspcrop.in.
Company details
Name history
GSP Crop Science has undergone 3 name changes throughout its history. The company was previously known as Gujarat Superphoshate Industries Private Limited, Gujarat Superphosphate Industries Private Limited, and Gsp Crop Science Limited. The current legal name is Gsp Crop Science Limited.
| Company Name | Status |
|---|---|
| GSP Crop Science Limited | Current |
| Gujarat Superphoshate Industries Private Limited | Previous |
| Gujarat Superphosphate Industries Private Limited | Previous |
CIN history
GSP Crop Science has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24120GJ1985PLC007641, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24120GJ1985PLC007641 | Current |
| U24120GJ1985PTC007641 | Previous |
| U24120GJ1985PLC007641 | Previous |
Contact details
GSP Crop Science Limited's registered office is in Ahmedabad, Gujarat. Its website is gspcrop.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address404 Lalita Complex Rasala Road, Mithakhali Six Road, Ahmedabad, Gujarat, India – 380009
- IndustryAgriculture, Crop Protection
To see the full contact details of GSP Crop Science Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
GSP Crop Science operates one associated brand: GSP Crop Science. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures fertilizers, insecticides, fungicides, herbicides. | gspcrop.in |
Business activity
The main business activity of GSP Crop Science is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of GSP Crop Science Limited, buy the company report.
Financials of GSP Crop Science Limited
FY 2025-26 filings availableGSP Crop Science Limited reported revenue of ₹1,517.11 Cr (up 18.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,517 | 1,284 | 1,152 | 1,203 | 1,191 | 1,077 | 903 |
| Revenue growth | +18.1% | +11.5% | -4.3% | +1.0% | +10.6% | +19.2% | - |
| EBITDA | 181 | 150 | 124 | 78.54 | 129 | 129 | 71.51 |
| EBITDA margin | +11.9% | +11.7% | +10.8% | +6.5% | +10.9% | +11.9% | +7.9% |
| Profit before tax | 127 | 110 | 82.30 | 27.30 | 100 | 103 | 33.54 |
| Net profit | 101 | 83.13 | 61.01 | 21.56 | 75.32 | 67.77 | 21.32 |
| Net profit margin | +6.7% | +6.5% | +5.3% | +1.8% | +6.3% | +6.3% | +2.4% |
| EPS (₹) | 21.04 | 21.38 | 235.61 | 77.84 | 255.77 | 229.89 | 72.33 |
| Balance sheet | |||||||
| Total assets | 1,038 | 752 | 634 | 689 | 790 | 535 | 501 |
| Net worth | 772 | 450 | 370 | 363 | 469 | 396 | 331 |
| Total debt | 262 | 297 | 235 | 324 | 320 | 139 | 169 |
| Cash & bank | 172 | 32.41 | 40.29 | 42.92 | 132 | 68.84 | 24.28 |
| Net working capital | 678 | 427 | 342 | 454 | 569 | 347 | 312 |
| Cash flow | |||||||
| Cash from operations | 59.38 | 37.83 | 207 | 104 | (43.82) | 114 | 80.04 |
| Cash from investing | (74.41) | (79.57) | (18.91) | (46.66) | (41.94) | (18.85) | (23.52) |
| Cash from financing | 152 | 29.85 | (178) | (159) | 157 | (50.44) | (59.25) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 386 | 402 | 270 | 467 | 377 | 308 | 276 |
| Revenue growth (YoY) | +2.4% | +30.7% | -2.0% | - | - | - | - |
| Other income | 8.26 | 8.79 | 1.65 | 0.76 | 2.56 | 7.59 | 0.63 |
| EBITDA | 42.54 | 36.25 | 8.79 | 93.18 | 42.36 | 39.69 | 2.70 |
| EBITDA margin | +11.0% | +9.0% | +3.3% | +19.9% | +11.2% | +12.9% | +1.0% |
| Depreciation | 8.67 | 8.10 | 8.38 | 7.15 | 6.66 | 7.31 | 6.20 |
| Interest | 6.77 | 9.82 | 9.75 | 8.93 | 8.37 | 8.06 | 8.17 |
| Profit before tax | 35.36 | 27.12 | (7.69) | 77.86 | 29.89 | 31.91 | (11.04) |
| Tax | 8.97 | 7.48 | (1.70) | 19.37 | 7.32 | 10.12 | (4.80) |
| Net profit | 26.39 | 19.64 | (5.99) | 58.49 | 22.57 | 21.79 | (6.24) |
| EPS (₹) | 5.67 | 5.09 | (1.38) | 15.19 | 6.02 | 5.81 | (1.49) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,606 | 1,409 | 1,226 | 1,309 | 1,521 | 1,137 | 929 |
| Revenue growth | +14.0% | +14.9% | -6.3% | -13.9% | +33.8% | +22.4% | - |
| EBITDA | 146 | 133 | 101 | 60.00 | 133 | 94.12 | 53.20 |
| EBITDA margin | +9.1% | +9.5% | +8.3% | +4.6% | +8.7% | +8.3% | +5.7% |
| Profit before tax | 119 | 102 | 61.26 | 9.58 | 102 | 93.13 | 26.34 |
| Net profit | 93.00 | 76.04 | 45.76 | 8.12 | 76.01 | 69.56 | 19.15 |
| Net profit margin | +5.8% | +5.4% | +3.7% | +0.6% | +5.0% | +6.1% | +2.1% |
| EPS (₹) | 19.31 | 19.56 | 176.93 | 29.95 | 257.88 | 236.00 | 65.01 |
| Balance sheet | |||||||
| Total assets | 956 | 671 | 613 | 682 | 796 | 541 | 487 |
| Net worth | 734 | 422 | 349 | 357 | 475 | 402 | 335 |
| Total debt | 217 | 247 | 235 | 324 | 320 | 139 | 152 |
| Cash & bank | 171 | 23.23 | 39.06 | 39.06 | 129 | 64.20 | 23.05 |
| Net working capital | 623 | 398 | 382 | 464 | 596 | 368 | 274 |
| Cash flow | |||||||
| Cash from operations | 24.27 | 49.92 | 172 | 101 | (67.45) | 70.81 | - |
| Cash from investing | (41.21) | (47.78) | 16.76 | (45.37) | (17.49) | 21.01 | - |
| Cash from financing | 162 | (21.98) | (177) | (159) | 158 | (50.11) | - |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 424 | 429 | 277 | 500 | 400 | 329 | 296 |
| Revenue growth (YoY) | +6.0% | +30.6% | -6.4% | - | - | - | - |
| Other income | 10.20 | 10.19 | 3.00 | 4.95 | 3.56 | 8.32 | 1.35 |
| Total expenses | 383 | 397 | 270 | 433 | 360 | 292 | 281 |
| EBITDA | 40.77 | 31.99 | 6.51 | 67.19 | 39.94 | 36.58 | 15.01 |
| EBITDA margin | +9.6% | +7.5% | +2.4% | +13.4% | +10.0% | +11.1% | +5.1% |
| Depreciation | 4.56 | 4.23 | 4.76 | 3.51 | 3.87 | 4.84 | 4.86 |
| Interest | 5.63 | 8.77 | 8.27 | 7.66 | 7.35 | 7.64 | 7.57 |
| Profit before tax | 40.78 | 29.18 | (3.52) | 60.97 | 32.28 | 32.42 | 3.93 |
| Tax | 9.50 | 7.57 | (0.95) | 14.51 | 7.93 | 10.10 | (0.94) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 386 | 402 | 270 | 467 | 377 | 308 | 276 |
| Revenue growth (YoY) | +2.4% | +30.7% | -2.0% | - | - | - | - |
| Other income | 8.26 | 8.79 | 1.65 | 0.76 | 2.56 | 7.59 | 0.63 |
| EBITDA | 42.54 | 36.25 | 8.79 | 93.18 | 42.36 | 39.69 | 2.70 |
| EBITDA margin | +11.0% | +9.0% | +3.3% | +19.9% | +11.2% | +12.9% | +1.0% |
| Depreciation | 8.67 | 8.10 | 8.38 | 7.15 | 6.66 | 7.31 | 6.20 |
| Interest | 6.77 | 9.82 | 9.75 | 8.93 | 8.37 | 8.06 | 8.17 |
| Profit before tax | 35.36 | 27.12 | (7.69) | 77.86 | 29.89 | 31.91 | (11.04) |
| Tax | 8.97 | 7.48 | (1.70) | 19.37 | 7.32 | 10.12 | (4.80) |
| Net profit | 26.39 | 19.64 | (5.99) | 58.49 | 22.57 | 21.79 | (6.24) |
| EPS (₹) | 5.67 | 5.09 | (1.38) | 15.19 | 6.02 | 5.81 | (1.49) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,517 | 1,284 | 1,152 | 1,203 | 1,191 | 1,077 | 903 |
| Revenue growth | +18.1% | +11.5% | -4.3% | +1.0% | +10.6% | +19.2% | - |
| Other income | 13.76 | 14.39 | 11.81 | 6.72 | 14.49 | 11.10 | 4.27 |
| Total expenses | 1,337 | 1,134 | 1,028 | 1,125 | 1,062 | 949 | 832 |
| Employee cost | 107 | 96.25 | 80.47 | 63.80 | 66.71 | 65.21 | 54.44 |
| EBITDA | 181 | 150 | 124 | 78.54 | 129 | 129 | 71.51 |
| EBITDA margin | +11.9% | +11.7% | +10.8% | +6.5% | +10.9% | +11.9% | +7.9% |
| Depreciation | 30.29 | 23.41 | 19.86 | 21.01 | 19.93 | 18.09 | 17.58 |
| Interest | 36.87 | 30.94 | 33.99 | 36.95 | 23.74 | 18.18 | 24.66 |
| Profit before tax | 127 | 110 | 82.30 | 27.30 | 100 | 103 | 33.54 |
| Tax | 32.47 | 28.26 | 21.01 | 5.75 | 24.55 | 35.63 | 12.09 |
| Net profit | 101 | 83.13 | 61.01 | 21.56 | 75.32 | 67.77 | 21.32 |
| Net profit margin | +6.7% | +6.5% | +5.3% | +1.8% | +6.3% | +6.3% | +2.4% |
| EPS (₹) | 21.04 | 21.38 | 235.61 | 77.84 | 255.77 | 229.89 | 72.33 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 46.52 | 39.02 | 26.01 | 27.48 | 29.48 | 29.48 | 29.48 |
| Reserves & surplus | 725 | 411 | 344 | 336 | 439 | 366 | 302 |
| Shareholders' funds (net worth) | 772 | 450 | 370 | 363 | 469 | 396 | 331 |
| Minority interest | (1.38) | 1.80 | (0.04) | 0.30 | 0.14 | 0.02 | 0.17 |
| Secured loans | 186 | 276 | 222 | 318 | 306 | 112 | 158 |
| Unsecured loans | 75.79 | 21.18 | 13.79 | 5.81 | 14.00 | 26.68 | 10.87 |
| Total debt | 262 | 297 | 235 | 324 | 320 | 139 | 169 |
| Total liabilities | 1,038 | 752 | 634 | 689 | 790 | 535 | 501 |
| Assets | |||||||
| Gross block | 427 | 384 | 324 | 299 | 276 | 252 | 236 |
| Net block | 228 | 214 | 177 | 169 | 166 | 161 | 159 |
| Capital work in progress | 66.64 | 50.02 | 50.91 | 15.65 | 11.14 | 9.24 | 7.29 |
| Investments | 16.44 | 12.46 | 7.82 | 2.61 | 1.50 | 0.00 | 2.21 |
| Inventories | 356 | 370 | 226 | 351 | 378 | 299 | 210 |
| Sundry debtors | 553 | 397 | 324 | 415 | 407 | 291 | 281 |
| Cash & bank balances | 172 | 32.41 | 40.29 | 42.92 | 132 | 68.84 | 24.28 |
| Loans & advances | 106 | 114 | 97.61 | 88.08 | 117 | 70.35 | 37.92 |
| Total current assets | 1,187 | 912 | 688 | 897 | 1,034 | 729 | 553 |
| Total current liabilities | 509 | 486 | 346 | 443 | 465 | 382 | 241 |
| Net working capital | 678 | 427 | 342 | 454 | 569 | 347 | 312 |
| Total assets | 1,038 | 752 | 634 | 689 | 790 | 535 | 501 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 18.08 | 29.96 | 20.46 | 123 | 51.30 | 6.18 | 8.92 |
| Net cash from operating activities | 59.38 | 37.83 | 207 | 104 | (43.82) | 114 | 80.04 |
| Net cash from investing activities | (74.41) | (79.57) | (18.91) | (46.66) | (41.94) | (18.85) | (23.52) |
| Net cash from financing activities | 152 | 29.85 | (178) | (159) | 157 | (50.44) | (59.25) |
| Net change in cash | 137 | (11.89) | 9.51 | (102) | 71.25 | 45.11 | (2.73) |
| Closing cash | 172 | 32.41 | 40.29 | 42.92 | 132 | 68.84 | 24.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +18.1% | +11.5% | -4.3% | +1.0% | +10.6% | +19.2% | - |
| EBITDA growth | +20.1% | +20.9% | +58.3% | -39.3% | +0.6% | +79.8% | - |
| PBT growth | +15.2% | +34.1% | +201.5% | -72.7% | -3.1% | +208.2% | +9997.0% |
| Net income growth | +21.4% | +36.3% | +183.0% | -71.4% | +11.1% | +217.9% | - |
| Revenue CAGR (3Y) | +8.0% | +2.5% | +2.3% | +10.0% | - | - | - |
| EBITDA CAGR (3Y) | +32.0% | +5.2% | -1.1% | +3.2% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +6.2% | +6.4% | +5.3% | +1.8% | +6.3% | +6.3% | +2.4% |
| Return on capital employed | +18.3% | +20.4% | +17.6% | +8.2% | +18.7% | +24.4% | +12.6% |
| Return on net worth | +15.5% | +20.0% | +16.7% | +5.2% | +17.5% | +19.7% | +7.3% |
| Debt / equity | 0.46 | 0.65 | 0.76 | 0.77 | 0.53 | 0.45 | 0.58 |
| Long-term debt / equity | 0.09 | 0.16 | 0.21 | 0.26 | 0.15 | 0.04 | 0.05 |
| Interest cover | 24.53 | 24.37 | 32.53 | 64.23 | 21.70 | 16.46 | 45.73 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.74 | 3.63 | 3.70 | 4.18 | 4.51 | 4.80 | 4.59 |
| Inventory turnover | 4.18 | 4.32 | 4.00 | 3.30 | 3.52 | 4.23 | 4.30 |
| Debtors turnover | 3.20 | 3.56 | 3.12 | 2.93 | 3.41 | 3.76 | 3.22 |
| EPS (₹) | 21.04 | 21.38 | 235.61 | 77.84 | 255.77 | 229.89 | 72.33 |
| Dividend per share (₹) | 1.00 | 0.75 | 10.00 | 2.00 | 11.00 | 10.00 | 7.00 |
| Book value per share (₹) | 165.88 | 115.34 | 1,424.19 | 1,322.71 | 1,589.45 | 1,342.76 | 990.68 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 424 | 429 | 277 | 500 | 400 | 329 | 296 |
| Revenue growth (YoY) | +6.0% | +30.6% | -6.4% | - | - | - | - |
| Other income | 10.20 | 10.19 | 3.00 | 4.95 | 3.56 | 8.32 | 1.35 |
| Total expenses | 383 | 397 | 270 | 433 | 360 | 292 | 281 |
| EBITDA | 40.77 | 31.99 | 6.51 | 67.19 | 39.94 | 36.58 | 15.01 |
| EBITDA margin | +9.6% | +7.5% | +2.4% | +13.4% | +10.0% | +11.1% | +5.1% |
| Depreciation | 4.56 | 4.23 | 4.76 | 3.51 | 3.87 | 4.84 | 4.86 |
| Interest | 5.63 | 8.77 | 8.27 | 7.66 | 7.35 | 7.64 | 7.57 |
| Profit before tax | 40.78 | 29.18 | (3.52) | 60.97 | 32.28 | 32.42 | 3.93 |
| Tax | 9.50 | 7.57 | (0.95) | 14.51 | 7.93 | 10.10 | (0.94) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,606 | 1,409 | 1,226 | 1,309 | 1,521 | 1,137 | 929 |
| Revenue growth | +14.0% | +14.9% | -6.3% | -13.9% | +33.8% | +22.4% | - |
| Other income | 21.70 | 18.04 | 12.91 | 6.03 | 10.98 | 34.40 | 13.25 |
| Total expenses | 1,460 | 1,275 | 1,125 | 1,249 | 1,389 | 1,043 | 876 |
| Employee cost | 101 | 93.60 | 79.18 | 62.51 | 66.96 | 64.30 | 53.62 |
| EBITDA | 146 | 133 | 101 | 60.00 | 133 | 94.12 | 53.20 |
| EBITDA margin | +9.1% | +9.5% | +8.3% | +4.6% | +8.7% | +8.3% | +5.7% |
| Depreciation | 16.38 | 19.25 | 18.95 | 19.76 | 18.49 | 17.55 | 16.74 |
| Interest | 32.05 | 29.83 | 33.96 | 36.69 | 23.39 | 17.84 | 23.37 |
| Profit before tax | 119 | 102 | 61.26 | 9.58 | 102 | 93.13 | 26.34 |
| Tax | 29.05 | 26.00 | 15.25 | 1.35 | 25.64 | 23.57 | 7.19 |
| Net profit | 93.00 | 76.04 | 45.76 | 8.12 | 76.01 | 69.56 | 19.15 |
| Net profit margin | +5.8% | +5.4% | +3.7% | +0.6% | +5.0% | +6.1% | +2.1% |
| EPS (₹) | 19.31 | 19.56 | 176.93 | 29.95 | 257.88 | 236.00 | 65.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 46.52 | 39.02 | 26.01 | 27.48 | 29.48 | 29.48 | 29.48 |
| Reserves & surplus | 688 | 383 | 323 | 329 | 446 | 372 | 305 |
| Shareholders' funds (net worth) | 734 | 422 | 349 | 357 | 475 | 402 | 335 |
| Secured loans | 142 | 226 | 198 | 288 | 288 | 126 | 141 |
| Unsecured loans | 75.72 | 21.11 | 37.88 | 36.72 | 32.74 | 12.77 | 10.87 |
| Total debt | 217 | 247 | 235 | 324 | 320 | 139 | 152 |
| Total liabilities | 956 | 671 | 613 | 682 | 796 | 541 | 487 |
| Assets | |||||||
| Gross block | 323 | 310 | 305 | 280 | 261 | 241 | 226 |
| Net block | 149 | 152 | 165 | 156 | 157 | 153 | 152 |
| Capital work in progress | 39.07 | 19.95 | 5.87 | 14.76 | 9.36 | 8.06 | 6.75 |
| Investments | 37.21 | 22.84 | 7.94 | 2.79 | 1.68 | 0.18 | 36.73 |
| Inventories | 336 | 372 | 224 | 340 | 385 | 287 | 214 |
| Sundry debtors | 558 | 397 | 325 | 446 | 444 | 305 | 283 |
| Cash & bank balances | 171 | 23.23 | 39.06 | 39.06 | 129 | 64.20 | 23.05 |
| Loans & advances | 82.57 | 94.78 | 127 | 67.31 | 88.99 | 73.67 | 26.23 |
| Total current assets | 1,148 | 887 | 715 | 892 | 1,048 | 729 | 546 |
| Total current liabilities | 525 | 489 | 334 | 428 | 452 | 362 | 272 |
| Net working capital | 623 | 398 | 382 | 464 | 596 | 368 | 274 |
| Total assets | 956 | 671 | 613 | 682 | 796 | 541 | 487 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 8.89 | 28.73 | 16.60 | 119 | 46.67 | 4.96 | - |
| Net cash from operating activities | 24.27 | 49.92 | 172 | 101 | (67.45) | 70.81 | - |
| Net cash from investing activities | (41.21) | (47.78) | 16.76 | (45.37) | (17.49) | 21.01 | - |
| Net cash from financing activities | 162 | (21.98) | (177) | (159) | 158 | (50.11) | - |
| Net change in cash | 145 | (19.84) | 12.13 | (103) | 72.62 | 41.71 | - |
| Closing cash | 171 | 23.23 | 39.06 | 39.06 | 129 | 64.20 | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +14.0% | +14.9% | -6.3% | -13.9% | +33.8% | +22.4% | - |
| EBITDA growth | +9.2% | +31.7% | +68.8% | -54.7% | +40.8% | +76.9% | - |
| PBT growth | +16.2% | +67.0% | +539.5% | -90.6% | +9.2% | +253.6% | +9997.0% |
| Net income growth | +22.3% | +66.2% | +463.6% | -89.3% | +9.3% | +263.2% | - |
| Revenue CAGR (3Y) | +7.0% | -2.5% | +2.6% | +12.1% | - | - | - |
| EBITDA CAGR (3Y) | +34.4% | +0.2% | +2.5% | +4.1% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +5.6% | +5.4% | +3.8% | +0.6% | +5.0% | +6.1% | +2.1% |
| Return on capital employed | +18.6% | +20.6% | +14.7% | +5.8% | +18.7% | +21.6% | +10.0% |
| Return on net worth | +15.5% | +19.8% | +13.0% | +2.0% | +17.3% | +18.9% | +5.9% |
| Debt / equity | 0.40 | 0.63 | 0.79 | 0.77 | 0.52 | 0.39 | 0.52 |
| Long-term debt / equity | 0.03 | 0.11 | 0.22 | 0.26 | 0.15 | 0.03 | 0.07 |
| Interest cover | 24.80 | 26.14 | 41.26 | 91.18 | 20.51 | 23.30 | 64.10 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.08 | 4.58 | 4.20 | 4.84 | 6.06 | 4.88 | 4.28 |
| Inventory turnover | 4.53 | 4.72 | 4.35 | 3.61 | 4.53 | 4.54 | 3.61 |
| Debtors turnover | 3.36 | 3.91 | 3.18 | 2.94 | 4.06 | 3.87 | 3.65 |
| EPS (₹) | 19.31 | 19.56 | 176.93 | 29.95 | 257.88 | 236.00 | 65.01 |
| Dividend per share (₹) | 1.00 | 0.75 | 10.00 | 2.00 | 11.00 | 10.00 | 5.00 |
| Book value per share (₹) | 157.89 | 108.12 | 1,343.38 | 1,298.59 | 1,611.65 | 1,362.84 | 1,134.97 |
To see the full year-wise statements and ratios of GSP Crop Science Limited, buy the company report.
Board of directors and KMP of GSP Crop Science Limited
GSP Crop Science Limited currently reports 7 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavesh Vrajmohan Shah | Managing Director | 01 Mar 1994 | 32 Years 7 Months | Current |
| Tirth Shah Also directs: Rajdhani Petrochemicals Private Limited | Whole-Time Director | 01 Oct 2021 | 5 Years 0 Months | Current |
| Nakul Jayesh Sharedalal | Director | 06 Dec 2024 | 1 Years 10 Months | Current |
| Bharat Ramniklal Shah Also directs: Mahaansh Venture LLP, Abc Agrobiotechnology Private Limited | Director | 06 Dec 2024 | 1 Years 10 Months | Current |
| Mehul Premkantbhai Pandya Also directs: Rajdhani Petrochemicals Private Limited | Whole-Time Director | 01 Jun 2022 | 4 Years 4 Months | Current |
| Ashish Priyakant Mehta | Director | 06 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
GSP Crop Science Limited is compared with the 7 companies closest to it by revenue in the Agriculture industry (Fertilizers, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krishi Rasayan Exports Pvt.Ltd. | ₹1,596.3 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| GSP Crop Science Limitedthis company | ₹1,517.11 Cr (FY 2026) | ₹100.92 Cr | 6.7% | 18.1% | 1,106 | Ahmedabad, Gujarat, India |
| Heranba Industries Limited | ₹1,417.31 Cr (FY 2025) | 12.0% | Vapi, Gujarat, India | |||
| Nacl Industries Limited | ₹1,242.56 Cr (FY 2025) | -30.0% | Hyderabad, Telangana, India | |||
| Arysta Lifescience India Limited | ₹1,217.88 Cr (FY 2022) | 240.0% | Mumbai, Maharashtra, India | |||
| SML Limited | ₹1,214.37 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Cheminova India Limited | ₹1,205.86 Cr (FY 2025) | -50.0% | Mumbai, Maharashtra, India | |||
| Bharat Rasayan Limited | ₹1,199.03 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India |
To see the full peer comparison of GSP Crop Science Limited, buy the company report.
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 71.70%, foreign institutional investors hold 9.20%, domestic institutional investors hold 0.40% and retail and other public shareholders hold 18.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | |
|---|---|---|---|
| Promoters | 71.70% | 71.70% | 71.70% |
| Public | 28.30% | 28.30% | 28.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2026 | 101312554 | Yes Bank Limited | ₹22.7 Cr | Open | |
| 31 Jan 2026 | 101227740 | Others | ₹30 Cr | Open | |
| 04 Mar 2025 | 101073792 | Yes Bank Limited | ₹22.7 Cr | Open | |
| 26 Sep 2024 | 100984335 | Others | ₹50 Cr | Open | |
| 28 Jul 2022 | 100607988 | Others | ₹91 Lakh | Open |
To see the full charge records of GSP Crop Science Limited, buy the company report.
Total charge records: 46 View all charges
Legal cases
GSP Crop Science Limited has 1,425 court cases on record: 1,261 filed by GSP Crop Science, 164 filed against it. 388 cases are pending and 1,037 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,383 | 149 | 374 |
| High courts | 42 | 15 | 14 |
Cases on record (5 of 1,425)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Shripad Agro Sales Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Torus Innotech Private Limited | Pending |
| High Court of Delhi | Court case (C.O.(COMM.IPD-PAT)) | Filed against the company by Moti Insecticides Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Heranba Industries Ltd | Disposed |
| District court, West Godavari, Andhra Pradesh | Court case (IP) | Filed against the company by an individual | Pending |
To see the full case history of GSP Crop Science Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
GSP Crop Science Limited was last rated by Crisil on 22 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Jul 2020 |
To see the full credit ratings and regulatory alerts of GSP Crop Science Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GSP Crop Science Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
GSP Crop Science has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Rajdhani Petrochemicals Private Limited | U24210GJ2020PTC119038 | |
| GSP Intermediates Private Limited | U24210GJ2022PTC134770 |
To see the full group structure of GSP Crop Science Limited, buy the company report.
Employees & EPFO
GSP Crop Science Limited has a workforce of 1,106 employees on its EPFO records as of Sep 23, 2025, across 2 active EPFO establishments.
GST
GSP Crop Science has 23 GST registrations: 19 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG7984Q1ZU | Gujarat | Active | 01 Jul 2017 |
| 24AAACG7984Q2ZT | Gujarat | Active | 01 Apr 2025 |
| 03AAACG7984Q1ZY | Punjab | Active | 01 Jul 2017 |
| 05AAACG7984Q1ZU | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GSP Crop Science Limited, buy the company report.
Recent activity
GSP Crop Science Limited has 19 board changes on record since 1994: 8 appointments and 11 cessations. The latest: Apurva Soham Mashruwala was appointed as Director on 06 Dec 2024.
103 earlier events are in the company report.
News
Frequently asked questions
GSP Crop Science is an active public limited company based in Ahmedabad, Gujarat, India. The company works in crop protection, within the agriculture industry. It was incorporated on 12 February 1985 (41+ years old) and is registered under CIN L24120GJ1985PLC007641. Listed on BSE: 544733 and NSE: GSPCROP.
GSP Crop Science reported revenue of ₹1,517.11 Cr for FY 2025-26 (up 18.1% YoY) based on consolidated financials.
GSP Crop Science has 8 current directors and KMP:
- Bhavesh Vrajmohan Shah - Managing Director
- Tirth Shah - Whole-Time Director
- Mehul Premkantbhai Pandya - Whole-Time Director
- Nakul Jayesh Sharedalal - Director
- Bharat Ramniklal Shah - Director
- Ashish Priyakant Mehta - Director
- Apurva Soham Mashruwala - Director
- Shah Jayesh Shail - Cfo
The latest financial statements of GSP Crop Science on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of GSP Crop Science is 24AAACG7984Q1ZU, registered in Gujarat. The company has 23 GST registrations in all, of which 19 are active and 4 are cancelled or inactive. Other active GSTINs include 24AAACG7984Q2ZT (Gujarat), 03AAACG7984Q1ZY (Punjab), 05AAACG7984Q1ZU (Uttarakhand).
The CIN (Corporate Identification Number) of GSP Crop Science is L24120GJ1985PLC007641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. GSP Crop Science is a listed company as per MCA records. Its shares are listed on both BSE (code: 544733) and NSE (symbol: GSPCROP).
GSP Crop Science has 1,425 court cases on record: 1,261 filed by the company and 164 filed against it. 388 are pending. Most are in the district courts.
GSP Crop Science was incorporated on 12 February 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of GSP Crop Science by revenue are Krishi Rasayan Exports Pvt.Ltd, Heranba Industries Limited, Nacl Industries Limited, Arysta Lifescience India Limited, SML Limited and 2 more, all in the Agriculture industry (Fertilizers, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Apurva Soham Mashruwala was appointed as Director on 06 Dec 2024. Apurva Soham Mashruwala ceased to be Additional Director on 06 Dec 2024. Ashish Priyakant Mehta was appointed as Director on 06 Dec 2024. GSP Crop Science has 19 board changes on record in total.

