The invention relates to an agricultural water disintegrable granular composition. More particularly, the invention relates to a water disintegrable granular composition, where the granules include at least one water insoluble crop nutrient or or algae or pesticidal active ingredient, and one or more agrochemically acceptable excipient, whereby the granules have a bulk density of less than 1.5 gm/ml and hardness of at least 1 Newton. The invention further relates to a water disintegrable granular composition which includes at least one algae and at least one agrochemically acceptable excipient wherein granules have particles in the size range of 0.1 micron-50 microns, granule size is in the range of 0.1 mm to 6 mm and attrition resistance of the granules are at least 50%.;Furthermore, the invention relates to a process of preparing the water disintegrable granular composition including one or more water insoluble crop nutrients or algae or the pesticidal active ingredients. The invention further relates to a