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    Chemicals: specialty
Dhanuka Agritech Limited

Dhanuka Agritech Limited

834.70
INR
-19.75
(-2.31%)
50.93EPS
20.78P/E
47.18BMarket Cap
Oct 30Next Earn
Dhanuka Agritech Limited
BSE:DHANUKA
(Bombay Stock Exchange)

Recent

price

834.70

P/E

ratio

20.78

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
-10.04
105.8
116.42
147.62
191.38
323.85
171.08
194.63
203.69
233.37
291.02
313.79
362.79
380.2
443.63
433.17
417.86
Revenue per Share
10.22
11.42
12.88
18.62
25.86
41.93
24.37
25.71
23.02
29.71
44.61
44.85
50.35
52.46
65.55
63.72
50.93
Basic EPS, GAAP
-5.24
10.72
3.36
0.51
20.55
42.25
8.64
26.62
2.72
31.18
46.28
9.54
2.6
9.9
15.16
37.38
- -
Free Cash Flow per Basic Share
1.28
2
3.7
3.3
2.44
21.5
- -
2.6
3.51
12.6
- -
10
6.03
10
6.04
2
- -
Dividend per Share
34.08
42.9
52.53
66.47
82.43
96.1
106.3
129.05
134.98
148.72
170.94
206.19
232.85
275.54
311.17
373.1
- -
Book Value per Share
34.04
42.85
52.41
66.22
81.97
95.69
105.73
128.44
134.45
148.23
170.52
205.86
232.59
275.34
275.38
341.02
- -
Tangible Book Value per Share
50
50
50
50
41
26
50
49
49
48
47
47
46
46
45
45
45
Basic Weighted Avg Shares
-502
5,292
5,823
7,384
7,851
8,288
8,554
9,552
9,961
11,103
13,736
14,616
16,824
17,329
20,097
19,527
18,835
Sales/Revenue/Turnover
170.06
14.15
13.28
16.28
16.03
16.23
18.15
15.92
13.45
14.19
18.5
17.04
15.9
16.59
18.02
17.66
13.77
Operating Margin (%)
49
45
45
48
59
59
148
142
123
164
152
163
176
406
555
642
624
Depreciation Expense
511
571
644
931
1,061
1,073
1,219
1,262
1,126
1,413
2,106
2,089
2,335
2,391
2,970
2,872
2,296
Net Income, GAAP
23.94
18.42
20.21
19.94
18.01
26.16
28.96
24.45
26.88
21.7
26.1
24.75
22.87
24.99
24.27
24.12
23.77
Effective Tax Rate (%)
-101.77
10.8
11.07
12.61
13.51
12.95
14.25
13.21
11.3
12.73
15.33
14.29
13.88
13.8
14.78
14.71
12.19
Profit Margin (%)
1,936
1,786
1,967
2,408
2,884
3,125
3,558
4,266
4,312
4,688
5,824
6,503
5,982
7,477
8,000
11,468
- -
Working Capital
115
57
- -
- -
- -
- -
- -
- -
- -
26
363
274
257
225
268
234
- -
LT Debt
1,705
2,146
2,628
3,325
4,123
4,807
5,217
6,334
6,422
7,076
7,962
9,604
10,613
12,559
14,027
16,819
- -
Total Equity
-38.58
27.58
22.5
29.17
25.81
22.25
139.8
126.54
15.09
17.93
24.07
20.36
21.26
18.16
20.08
16.41
- -
Return on Invested Capital (%)
33.27
27.84
24.15
28.87
27.04
23.59
24.08
21.72
17.39
20.59
27.16
23.01
22.61
20.31
21.8
18.19
- -
Return on Capital (%)
38.2
29.67
27
31.29
28.49
24.04
24.32
21.85
17.65
20.94
28
23.78
23.1
20.64
22.34
18.62
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
72
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
234
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
45
45
45
Market Capitalization
53,213
40,487
47,180

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
15,173
- -
Cash, Cash Equivalents & STI
- -
3,209
- -
Accounts Receivable, Net
- -
4,406
- -
Inventories
- -
5,168
- -
Total Current Liabilities
- -
3,706
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
72
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.51%
16.21%
19.9%
Free Cash Flow
143.51%
63.9%
145.39%
Net Income, GAAP
11.52%
6.86%
-3.27%
Sales/Revenue/Turnover
9.2%
7.53%
-2.84%
Total Cash Common Dividend
- -
- -
-67.03%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4,936
6,543
4,453
4,420
20,097
2026
5,283
- -
4,099
4,833
19,527
2027
4,619
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
10.73
25.83
12.25
16.74
65.55
2026
12.31
- -
8.87
21.69
63.72
2027
8.06
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
6.04
2026
- -
- -
- -
- -
2
2027
- -
- -
- -
- -
- -
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Business
Dhanuka Agritech Limited manufactures and markets a broad portfolio of agrochemicals in India, including insecticides, herbicides, fungicides, plant growth regulators, biostimulants, micronutrients and soil health solutions; the company offers over 150 registered products across more than 350 SKUs in formats such as liquids, powders, dust and granules, with notable brands like Stimulus for root growth, Boom Flower for flowering enhancement, Dhanzyme Gold biostimulant, Power 5 micronutrients, BiologiQ biological range featuring Whiteaxe and Nemataxe, and the recently acquired fungicides Iprovalicarb and Triadimenol. Founded in 1980 and headquartered in Gurugram, Haryana, Dhanuka operates four manufacturing facilities in Gujarat, Rajasthan and Jammu & Kashmir, alongside 41 warehouses supporting a distribution network of approximately 6,500 distributors and 80,000 retailers that reaches over 10 million farmers pan-India. The company maintains international collaborations with leading agrochemical firms from Japan, the US and Europe for novel chemistries, complemented by two NABL-accredited R&D laboratories focused on product development and registrations. In January 2025, Dhanuka completed a Rs165 crore acquisition of international marketing rights for Bayer AG's fungicides Iprovalicarb and Triadimenol, enabling entry into over 20 countries across Latin America, Europe, the Middle East, Africa and Asia while targeting 12-15% EBITDA margins and revenue contributions from India by Q1 FY26 and global scale-up by Q4 FY26. In February 2024, the company signed a letter of intent for a joint venture with Spain-based Kimitec Group to advance biotech offerings; it also commenced trial production at its Dahej plant for new products including Bifenthrin, aligning with expansions in biologicals and sustainable crop protection amid 17% turnover growth to Rs2,035 crore in 2024.