Dhanuka Agritech Limited

Dhanuka Agritech Limited

DHANUKA.BO
Dhanuka Agritech LimitedIN flagBombay Stock Exchange
1,048.75
INR
+10.75
- -
47.73BMarket Cap
Dhanuka Agritech Limited
DHANUKA.BO
(Bombay Stock Exchange)

Recent

price

1,048.75

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
-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
458.38
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
67.23
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
2
31.81
40.15
52.23
78.53
151.26
99.2
123.82
131.03
148.42
168.35
205.84
228.45
275.14
309.21
372.67
- -
Book Value per Share
34.04
42.85
52.41
66.22
99.96
187.04
103.78
128.44
130.81
148.23
168.28
205.86
228.59
275.34
274.03
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
20,699
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
17.85
Operating Margin (%)
49
45
45
48
59
59
148
142
123
164
152
163
176
406
555
642
586
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
3,036
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
24.29
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
14.67
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
27.61
22.16
28.8
25.79
21.67
21.69
19.71
15.09
17.92
24.05
20.33
19.69
18.11
19.87
16.42
- -
Return on Invested Capital (%)
126.79
54.37
30.6
36.05
33.87
29.5
27.28
22.72
17.76
20.63
27.22
23.05
22.64
20.34
21.83
18.21
428.98
Return on Capital (%)
532.89
67.56
35.81
40.31
36.37
30.26
27.6
22.86
18.03
20.99
28.06
23.83
23.14
20.67
22.37
18.65
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
475
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
268
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
45
- -
Market Capitalization
66,867
58,512
79,056

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
11,486
- -
Cash, Cash Equivalents & STI
- -
1,359
- -
Accounts Receivable, Net
- -
4,591
- -
Inventories
- -
3,987
- -
Total Current Liabilities
- -
3,486
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
475
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

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
- -
-21.25%
-67.03%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,691
6,179
4,032
3,427
17,329
2025
4,936
6,543
4,453
4,420
20,097
2026
5,283
4,099
4,833
- -
19,527

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.23
22.33
9.95
- -
52.46
2025
10.73
25.83
12.25
16.74
65.55
2026
12.31
8.87
21.69
- -
63.72

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
10
2025
- -
- -
- -
- -
6.04
2026
- -
- -
- -
- -
2
Business
Dhanuka Agritech Limited manufactures and markets a broad portfolio of agrochemical products in India, including herbicides such as Targa Super and Sempra; insecticides like Markar and Caldan; fungicides including Sixer and Lustre; plant growth regulators such as Stimulus and Boom Flower; biostimulants like Dhanzyme Gold; micronutrients including Power 5; and soil health solutions, all available in formulations encompassing liquids, powders, dust, and granules. The company operates four manufacturing facilities in Gurgaon (Haryana), Sanand (Gujarat), Udhampur (Jammu & Kashmir), and Dahej, supported by 41 warehouses, a distribution network of over 6,500 distributors and 80,000 retail outlets reaching more than 12,000 dealers nationwide, and exports to over 20 countries in Latin America, Europe, the Middle East, Africa, and Asia. Founded in 1985 through the acquisition of Northern Minerals and headquartered in Gurugram, Haryana, Dhanuka Agritech targets major crops including rice, cotton, soybean, wheat, sugarcane, pulses, fruits, vegetables, and plantation crops, with international collaborations alongside 10 global agrochemical firms from Japan, the US, and Europe. In January 2025, the company completed a Rs165 crore acquisition of international marketing rights for Bayer AG's key fungicides Iprovalicarb (branded as Melody Duo, Melody Compact, and Melodika) and Triadimenol, enabling entry into global markets across Latin America, EMEA, and Asia while targeting Indian revenue commencement by Q1 FY26 and an EBITDA margin of 12-15% post-integration. Dhanuka Agritech recently launched the BiologiQ range of sustainable agri-biological products for crop protection, soil health, and plant nutrition, alongside passing full benefits of a September 2025 GST reduction on its herbicide Maxyld to customers, and supported farmer initiatives such as the Millionaire Farmers of India event in December 2024.