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SUMICHEM
Small Cap | Agro Chemicals
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About Sumitomo Chemical India
History
Sumitomo Chemical India Limited (SCIL) was incorporated originally on February 15, 2000. SCIL is itself a subsidiary of the Sumitomo Chemical Company Limited, Japan (SCCL). The company is in the business of manufacturing household insecticides, agricultural pesticides, public health insecticides, animal nutrition products, etc. The company's shares, covering its entire issued share capital, were listed on the BSE and the NSE on January 27, 2020. During Covid, the company's operations were classified as 'essential' and hence were not much affected by the lockdown. In 2022, the company expanded its manufacturing capacity for one of its technical-grade products. It completed the feasibility study for introducing 3 new technical-grade products and took initiatives for expanding production capacity. In 2022-23, the company commissioned an additional 1.8 MW solar power plant for captive consumption.Business Segments
The company categorises its domestic offerings in the following segments:- Crop Protection - This segment consists of fungicides, miticides, insecticides and herbicides.
- Biological crop protection - Biologicals are derived from natural principles such as plants, microorganisms and minerals and are environmentally safe.
- Plant Nutrition and Plant Growth Regulators - Plant Growth Regulators (PGRs) are molecules influencing the development of plants and are generally active at very low concentrations.
- Fumigants and Rodenticides - These chemicals help in preserving existing food crops, especially from rodents.
- Household Pesticides - These consist of chemicals that are helpful in dealing with household pests to protect public health.
- Animal Nutrition - The company produces Methionine, which is one of the essential amino acids that cannot be produced in the animal body.
Key Personnel
Mr Chetan Shantilal Shah, Managing Director Mr Shah was a promoter of New Chemi Industries Ltd, which was acquired by Sumitomo Chemical Company, Limited, Japan (SCCL) in 2010. Mr Shah then served as Joint Managing Director of SCIPL from 2010 till October 2016 and as the Managing Director of Excel Crop Care Limited from October 2016 till August 2019 before taking up his current position.Corporate Actions
The company has not had any major corporate actions in recent years.Parent Organisation
MNC Associate
Managing Director
Mukul G Asher
Founded
2000
NSE Symbol
SUMICHEM
Community Discussion
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AngelOne
10th July 2024
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AngelOne
10th July 2024
Sumitomo Chemical India Ltd-latest-market-updates-71166
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Sumitomo Chemical India Ltd FAQs
What is the share price of Sumitomo Chemical India Ltd (SUMICHEM) shares?
Sumitomo Chemical India Ltd (SUMICHEM) share price as of July 26, 2024, on NSE is Rs 503.55 (NSE) and Rs 503.55 (BSE) on BSE.
Can I buy Sumitomo Chemical India Ltd (SUMICHEM) from Angel One?
Yes, You can buy Sumitomo Chemical India Ltd (SUMICHEM) shares by opening a Demat account with Angel One.
How do I buy Sumitomo Chemical India Ltd (SUMICHEM) from Angel One?
Sumitomo Chemical India Ltd (SUMICHEM) share can be bought through the following modes:
1. Direct investment: You can buy Sumitomo Chemical India Ltd (SUMICHEM) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Sumitomo Chemical India Ltd (SUMICHEM) shares.
1. Direct investment: You can buy Sumitomo Chemical India Ltd (SUMICHEM) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Sumitomo Chemical India Ltd (SUMICHEM) shares.
What is the main business of Sumitomo Chemical?
Sumitomo Chemical is known for domestic marketing of proprietary products of its parent company, Sumitomo Chemical Company Limited, which includes animal nutrition, agrochemicals, and environmental health business segments.
Who are the promoters of Sumitomo Chemical?
Sumitomo Chemical Company, Limited, Japan is the promoter of Sumitomo Chemical
What are the Subsidiaries that comes under Sumitomo Chemical?
Excel Crop Care (Africa) Limited is a subsidiary of Sumitomo Chemical.
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