Dharmaj Crop Guard Ltd.
248.50
INR
-10.55
(-4.07%)
ISIN
INE00OQ01016
Return %
Stock
S&P 500
1Y
-16.78
14.20
3Y
-2.55
81.12
5Y
- -
68.34
Capital Structure
INR
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in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
INR
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Vishal Domadia
- Full Time Employees
- 803
- Sector
- Process industries
- Industry
- Chemicals: agricultural
- Address
- Office No. 901 to 903 & 911 Ahmedabad GU India 380058
- IPO Date
- Dec 8, 2022
- Website
- dharmajcrop.com
- Similar Companies
- Business
- Dharmaj Crop Guard Limited Dharmaj Crop Guard Limited manufactures, distributes and markets agrochemical formulations including insecticides such as Padgham, Lubrio, Nilaayan, Dahaad, Prudhar and Remora; fungicides such as Gagandip, Sajaag, Lokraj, Rishmat and Kaviraj; herbicides such as Dharozar, Aatmaj, Rodular, Dharolik, Kohha, Kawayat Super and Sadavirum; plant growth regulators such as Rujuta, Greenoka and Stabilizer; micro fertilizers such as Aakuko, Thandaj, Zusta, Suffar 90 and Greentora; and antibiotics such as Retardo, in granule, powder and liquid forms for crop protection, public health and animal health applications. The company provides these products to B2C farmers and B2B institutional customers through a pan-India network covering 24 states with over 5,000 dealers and 15,000 touchpoints, while exporting to approximately 38 countries in Latin America, East Africa, the Middle East and Far East Asia. Founded in 2015 and headquartered in Ahmedabad, Gujarat, Dharmaj Crop Guard Limited operates formulations manufacturing facilities with 25,500 TPA capacity at Kerala GIDC, Bavla, and a multi-purpose technicals and intermediates plant with 8,000 TPA capacity at Sayakha GIDC, Bharuch, supported by an in-house R&D center and NABL-accredited quality control laboratory. In January 2024, the company commissions its Sayakha facility following a 2022 IPO that raised Rs 251 crore for backward integration into synthetic pyrethroids and non-synthetics production, targeting 30% utilization in FY25 with Rs 200-220 crore sales contribution including captive consumption to enhance margins by 100 basis points; it secures approvals for 6-7 products from Rallis India and initiates supplies while pursuing partnerships and bartering deals with Coromandel International, UPL, Hemani Industries, Heranba Industries and Bharat Rasayan for cost efficiencies and PAN-India B2B expansion among 1,500 small formulators. Dharmaj Crop Guard Limited holds 607 CIB&RC registrations including 236 for export formulations and 75 for technicals, with 202 export-grade formulations and 28 technicals pending, positioning it for sustained growth across the agri-value chain amid a 40% revenue CAGR to Rs 650 crore over the past five years.