Dharmaj Crop Guard Limited share price
Dharmaj Crop Guard Limited engages in manufacturing, distributing, and marketing of a range of agro chemical formulations in India. The company's agro chemical formulations include insecticides, fungicides, herbicides, plant growth regulators, micronutrient fertilizers, and antibiotics to the B2C and B2B customers. It also manufactures and sells general insect and pest control chemicals for public and animal health protection applications; and offers crop protection solutions, and agrochemical active ingredients and intermediates. The company exports its products to Latin America, East African countries, the Middle East, and Far East Asia. Dharmaj Crop Guard Limited was incorporated in 2015…Read more
- Market Cap₹ 882 Cr.
- Current Price₹ 260.90
- High / Low₹ 311 / 211
- Stock P/E14.7
- Book Value₹ 132
- Dividend Yield0.00 %
- ROCE16.2 %
- ROE13.00 %
- Face Value₹ 10.0
More figures (10)
- EPS (TTM)₹ 17.80
- Price / Book1.97
- OPM8.2 %
- Debt / Equity0.29
- Sales growth (4Y)29.5 %
- Profit growth (4Y)26.7 %
- Promoter holding73.6 %
- EV / EBITDA9.4
- Beta0.09
- All-time high₹ 390
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| DHARMAJ | -3.16% | +0.33% | -5.46% | +8.29% | -13.88% | +2.70% | — |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- Dharmaj Crop Guard Limited is in the Agricultural Inputs industry (Basic Materials), with a market value of ₹882 crore.
- It trades at 14.7 times its last 12 months' earnings and 2.0 times book value.
- Revenue grew 29.5% a year over the last 4 years, profit 26.7% a year.
- Return on equity was 13.0% and return on capital employed 16.2% in the latest year.
- Debt was 0.29 times shareholders' equity.
- The share price is 16.2% below its 52-week high and down 13.9% over one year.
- Promoters and insiders hold about 73.6%; institutions about 0.0%.
Pros
AI- Trades at 14.7 times earnings, below its 3-year median of 22.8.
- Borrowings are moderate at 0.29 times shareholders' equity.
- Promoters hold a large stake of 70.40%.
Cons
AI- The company has not paid a dividend recently.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About Dharmaj Crop Guard Limited
Dharmaj Crop Guard Limited engages in manufacturing, distributing, and marketing of a range of agro chemical formulations in India. The company's agro chemical formulations include insecticides, fungicides, herbicides, plant growth regulators, micronutrient fertilizers, and antibiotics to the B2C and B2B customers. It also manufactures and sells general insect and pest control chemicals for public and animal health protection applications; and offers crop protection solutions, and agrochemical active ingredients and intermediates. The company exports its products to Latin America, East African countries, the Middle East, and Far East Asia. Dharmaj Crop Guard Limited was incorporated in 2015 and is based in Ahmedabad, India.
- Employees
- 803
- Head office
- Ahmedabad
Peer comparison
Basic MaterialsAgricultural Inputs
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Dharmaj Crop Guard | 260.90 | 14.7 | 882 | 0.00 | 38 | 16.95 | 382 | 4.08 | 16.2 | 13.0 | 1.97 | 8.2 | 0.29 | 73.64 | 1,138 | 29.5 |
| 2. | Coromandel International | 1,758.60 | 28.3 | 51,798 | 0.62 | 381 | -34.30 | 8,165 | 63.68 | 20.9 | 16.5 | 4.12 | 14.2 | 0.52 | 59.56 | 20,223 | 10.2 |
| 3. | The Fertilisers and Chemicals Travancore | 733.20 | — | 47,443 | 0.00 | -62 | -187.58 | 1,253 | 19.00 | 14.2 | -2.9 | 34.32 | 1.2 | 2.95 | 0.00 | 3,151 | 0.0 |
| 4. | UPL | 534.65 | 21.5 | 45,193 | 1.11 | 10 | -98.88 | 10,181 | -34.62 | 9.9 | 5.7 | 1.30 | 13.8 | 0.68 | 33.73 | 51,303 | -1.2 |
| 5. | PI Industries | 2,190.00 | 28.5 | 33,224 | 0.68 | 244 | -38.95 | 1,702 | -10.43 | 14.7 | 12.4 | 2.96 | 20.4 | 0.03 | 46.20 | 6,670 | 1.1 |
| 6. | Sumitomo Chemical India | 404.75 | 34.9 | 20,203 | 0.32 | 215 | 115.73 | 1,063 | 56.51 | 21.0 | 17.3 | 5.96 | 20.5 | 0.02 | 75.46 | 3,209 | -2.6 |
| 7. | Chambal Fertilisers and Chemicals | 388.10 | 8.1 | 15,549 | 3.07 | 524 | 301.66 | 5,027 | 105.29 | 21.8 | 20.4 | 1.49 | 11.4 | 0.10 | 63.29 | 20,793 | -9.2 |
| 8. | Paradeep Phosphates | 147.16 | 14.3 | 15,283 | 1.02 | 393 | 127.97 | 6,124 | 46.03 | 20.7 | 15.7 | 2.25 | 18.2 | 1.02 | 58.43 | 10,191 | 28.8 |
| 9. | E.I.D.- Parry (India) | 694.15 | 26.7 | 12,353 | 0.00 | 142 | -42.50 | 9,018 | 3.41 | 15.7 | 6.8 | 1.40 | 10.0 | 0.98 | 46.92 | 27,240 | 9.6 |
| 10. | Madhya Bharat Agro Products | 167.10 | 47.3 | 7,321 | 0.06 | 33 | 16.86 | 416 | 1.61 | 19.4 | 31.5 | 13.32 | 16.6 | 1.56 | 0.00 | 1,867 | 33.0 |
| Median: 21 Co. | 469.70 | 14.3 | 5,932 | 0.62 | 178 | -8.72 | 3,365 | 11.54 | 17.8 | 12.4 | 1.49 | 11.6 | 0.60 | 52.68 | 8,431 | 0.6 |
Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.
Quarterly Results
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Projection — your assumptions
Starts from the last four reported quarters (TTM) and applies the figures you enter; growth is pre-filled with the company's own past sales growth. This is a what-if calculator for illustration, not a forecast, estimate or recommendation.
Related party transactions
Related-party transactions are dealings with promoters, directors, subsidiaries and associates. Companies disclose them to the exchanges every half-year and in detail in the notes to their annual report.
Full details: notes to the Financial Year 2026 annual report (related party disclosures).
| ₹ Cr | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|
| 951 | 1,138 | 1,153 | |
| YOY Sales Growth % | 19.65% | ||
| 876 | 1,037 | 1,046 | |
| Material Cost % | 78% | 77% | 77% |
| Employee Cost % | 5% | 5% | 5% |
| Other Expenses % | 9% | 9% | 9% |
| Operating Profit | 75 | 100 | 107 |
| OPM % | 8% | 9% | 9% |
| Other Income | 2 | 8 | 9 |
| Interest | 13 | 17 | 17 |
| Depreciation | 18 | 19 | 19 |
| Profit before tax | 46 | 72 | 80 |
| 24% | 25% | 25% | |
| Current tax | 6 | 15 | |
| Deferred tax | 5 | 3 | |
| 35 | 55 | 60 | |
| Profit to shareholders | 35 | 55 | 60 |
| YOY Profit Growth % | 56.92% | ||
| EPS in Rs | 10.30 | 16.17 | 17.80 |
Compounded Sales Growth
- TTM:
- 3%
Compounded Profit Growth
- TTM:
- 25%
Stock Price CAGR
- 3 Years:
- 3%
- 1 Year:
- -14%
Return on Equity
- 4 Years:
- 11%
- Last Year:
- 13%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|
| 534 | 654 | 951 | 1,138 | 1,155 | |
| YOY Sales Growth % | 22.59% | 45.40% | 19.65% | ||
| 486 | 591 | 876 | 1,037 | 1,048 | |
| Material Cost % | 81% | 79% | 78% | 77% | 77% |
| Employee Cost % | 4% | 4% | 5% | 5% | 5% |
| Other Expenses % | 7% | 7% | 9% | 9% | 9% |
| Operating Profit | 47 | 63 | 75 | 100 | 107 |
| OPM % | 9% | 10% | 8% | 9% | 9% |
| Other Income | 5 | 3 | 2 | 8 | 9 |
| Interest | 2 | 3 | 13 | 17 | 17 |
| Depreciation | 5 | 5 | 18 | 19 | 19 |
| Profit before tax | 44 | 57 | 46 | 73 | 80 |
| 26% | 23% | 24% | 25% | 25% | |
| Current tax | 12 | 10 | 6 | 15 | |
| Deferred tax | -0 | 3 | 5 | 3 | |
| 33 | 44 | 35 | 55 | 60 | |
| YOY Profit Growth % | 34.03% | -21.50% | 57.03% | ||
| EPS in Rs | 12.03 | 13.13 | 10.31 | 16.19 | 17.80 |
| Dividend Payout % | 1% |
Compounded Sales Growth
- 3 Years:
- 29%
- TTM:
- 9%
Compounded Profit Growth
- 3 Years:
- 18%
- TTM:
- 15%
Stock Price CAGR
- 3 Years:
- 3%
- 1 Year:
- -14%
Return on Equity
- 4 Years:
- 11%
- Last Year:
- 13%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 34 | 34 | 34 | 34 |
| Reserves | 281 | 326 | 361 | 415 |
| 52 | 112 | 116 | 132 | |
| Long term borrowings | 34 | 76 | 64 | 51 |
| Short term borrowings | 19 | 36 | 51 | 81 |
| 65 | 92 | 223 | 260 | |
| Trade payables | 37 | 67 | 196 | 216 |
| Current liabilities | 83 | 126 | 269 | 331 |
| Total Liabilities | 432 | 563 | 733 | 841 |
| 136 | 311 | 313 | 316 | |
| Gross block | 155 | 334 | 354 | 373 |
| Accumulated depreciation | 19 | 23 | 40 | 57 |
| Goodwill & intangibles | 3 | 4 | 6 | 10 |
| CWIP | 98 | 1 | 5 | 6 |
| 198 | 252 | 416 | 519 | |
| Inventories | 73 | 93 | 138 | 207 |
| Trade receivables | 73 | 119 | 248 | 281 |
| Cash & equivalents | 0 | 3 | 0 | 0 |
| Current assets | 289 | 244 | 411 | 513 |
| Total Assets | 432 | 563 | 733 | 841 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| -24 | 7 | 39 | 28 | |
| Profit for the year | 27 | 44 | 35 | 55 |
| Working capital changes | -55 | -46 | -36 | -75 |
| Direct taxes paid | -11 | -14 | -5 | -12 |
| -191 | -62 | -33 | -29 | |
| Fixed assets purchased | -69 | -190 | -32 | -27 |
| Fixed assets sold | 0 | 0 | 2 | 0 |
| Investments purchased | -125 | -0 | -3 | -8 |
| Investments sold | 1 | 125 | 5 | |
| 214 | 57 | -9 | 2 | |
| Proceeds from borrowings | 5 | 61 | 15 | 28 |
| Repayment of borrowings | -35 | -11 | -13 | |
| Interest paid | -2 | -2 | -12 | -13 |
| Dividends paid | -0 | |||
| Net Cash Flow | -1 | 3 | -3 | 0 |
| Free Cash Flow | -93 | -183 | 7 | 1 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE | — | 8.5% | 13.2% | 9.2% | 13.0% |
| ROCE | — | 11.6% | 13.8% | 12.2% | 16.2% |
| Operating margin | — | 8.4% | 9.1% | 6.2% | 8.2% |
| Net margin | — | 5.1% | 6.8% | 3.7% | 4.8% |
| Debt / equity | — | 0.17 | 0.31 | 0.29 | 0.29 |
| Current ratio | — | 3.48 | 1.94 | 1.53 | 1.55 |
| Debtor days | — | 51 | 66 | 96 | 90 |
| Inventory days | — | 62 | 65 | 67 | 84 |
| Days payable | — | 31 | 47 | 94 | 88 |
| Cash conversion cycle | — | 82 | 84 | 69 | 86 |
| Working capital days | — | 144 | 66 | 55 | 58 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 70.40%
- FIIs 3.13%
- DIIs 0.50%
- Public 25.97%
| % | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 70.40% | 70.40% | 70.40% | 70.40% | 70.40% | 70.40% | 70.40% | 70.40% | 70.40% | 70.40% | 70.40% | 70.40% |
| 4.37% | 4.35% | 5.50% | 6.97% | 4.40% | 3.77% | 4.14% | 3.58% | 3.09% | 3.49% | 3.13% | 3.13% | |
| Foreign portfolio investors (Cat. I) | 4.16% | 4.35% | 5.50% | 6.97% | 3.96% | 3.72% | 4.13% | 3.50% | 3.02% | 3.35% | 3.13% | 3.13% |
| Foreign portfolio investors (Cat. II) | 0.20% | 0.44% | 0.05% | 0.01% | 0.08% | 0.07% | 0.14% | |||||
| 0.47% | 0.61% | 0.61% | 0.61% | 0.91% | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% | 0.50% | ||
| Alternative investment funds | 0.14% | 0.14% | 0.14% | 0.43% | 0.03% | |||||||
| 25.23% | 24.78% | 23.48% | 22.01% | 24.58% | 24.92% | 24.98% | 25.54% | 26.03% | 25.64% | 25.99% | 25.97% | |
| Retail (up to ₹2 lakh) | 17.18% | 16.70% | 15.85% | 15.18% | 16.64% | 16.77% | 17.04% | 16.76% | 16.91% | 16.29% | 15.51% | 15.29% |
| HNIs (above ₹2 lakh) | 3.40% | 3.29% | 3.39% | 2.78% | 3.90% | 3.13% | 2.95% | 3.96% | 3.82% | 4.04% | 4.78% | 5.33% |
| NRIs | 0.38% | 0.66% | 0.64% | 0.65% | 0.61% | 0.73% | 0.73% | 0.73% | 0.89% | 0.88% | 1.28% | 1.52% |
| Bodies corporate | 3.62% | 3.29% | 2.85% | 2.63% | 2.65% | 3.42% | 3.24% | 2.77% | 2.60% | 2.64% | 2.88% | 2.41% |
| No. of Shareholders | 59,647 | 47,541 | 44,014 | 40,676 | 39,229 | 38,056 | 36,659 | 33,427 | 30,284 | 28,990 | 27,537 | 26,567 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Documents
Announcements
- Action(s) taken or orders passedDharmaj Crop Guard Limited has informed the Exchange about orders passed by High Court of Himachal Pradesh16-Oct-2026
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Dharmaj Crop Guard Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 201807-Oct-2026
- Trading WindowDharmaj Crop Guard Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201526-Sep-2026
- Shareholders meetingDharmaj Crop Guard Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 24, 2026. Further, the company has informed the Exchang…25-Sep-2026
- Shareholders meetingDharmaj Crop Guard Limited has informed the Exchange regarding Proceedings of undefined held on September 24, 202624-Sep-2026
- Copy of Newspaper PublicationDharmaj Crop Guard Limited has informed the Exchange about Copy of Newspaper Publication31-Aug-2026
- General UpdatesDharmaj Crop Guard Limited has informed the Exchange about Letter to Shareholder sent under Regulation 36(1)(b)29-Aug-2026
- Shareholders meetingDharmaj Crop Guard Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 24, 202629-Aug-2026
- Copy of Newspaper PublicationDharmaj Crop Guard Limited has informed the Exchange about Copy of Newspaper Publication20-Aug-2026
- Copy of Newspaper PublicationDharmaj Crop Guard Limited has informed the Exchange about Copy of Newspaper Publication08-Aug-2026
- Press ReleaseDharmaj Crop Guard Limited has informed the Exchange regarding a press release dated August 07, 2026, titled "Dharmaj Crop Guard Limited, one of the fastest-growing agrochemicals …07-Aug-2026
- Resignation of Director/KMP/SMPDharmaj Crop Guard Limited has informed the Exchange about Resignation of Director/KMP/SMP07-Aug-2026
Annual reports
- Financial Year 202629-AUG-2026
- Financial Year 202502-SEP-2025
- Financial Year 202421-AUG-2024
- Financial Year 2023
Credit ratings
Concalls & investor meets
- Analysts/Institutional Investor Meet/Con. Call UpdatesDharmaj Crop Guard Limited has informed the Exchange about Schedule of meet23-Sep-2026
- Investor PresentationDharmaj Crop Guard Limited has informed the Exchange about Investor Presentation07-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDharmaj Crop Guard Limited has informed the Exchange about Transcript03-Jun-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDharmaj Crop Guard Limited has informed the Exchange about Link of Recording29-May-2026
- Investor PresentationDharmaj Crop Guard Limited has informed the Exchange about Investor Presentation28-May-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDharmaj Crop Guard Limited has informed the Exchange about Schedule of meet23-May-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDharmaj Crop Guard Limited has informed the Exchange about Schedule of meet05-Mar-2026
- Investor PresentationDharmaj Crop Guard Limited has informed the Exchange about Investor Presentation10-Feb-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDharmaj Crop Guard Limited has informed the Exchange about Schedule of meet20-Nov-2025
- Analysts/Institutional Investor Meet/Con. Call UpdatesDharmaj Crop Guard Limited has informed the Exchange about Transcript19-Nov-2025
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 1 Jan 1970
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
In the news
From the company (NSE)
- Action(s) taken or orders passedDharmaj Crop Guard Limited has informed the Exchange about orders passed by High Court of Himachal PradeshNSE filing · 16-Oct-2026
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Dharmaj Crop Guard Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018NSE filing · 07-Oct-2026
- Trading WindowDharmaj Crop Guard Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015NSE filing · 26-Sep-2026
- Shareholders meetingDharmaj Crop Guard Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 24, 2026. Further, the company has informed the Exchang…NSE filing · 25-Sep-2026
- Shareholders meetingDharmaj Crop Guard Limited has informed the Exchange regarding Proceedings of undefined held on September 24, 2026NSE filing · 24-Sep-2026
- Copy of Newspaper PublicationDharmaj Crop Guard Limited has informed the Exchange about Copy of Newspaper PublicationNSE filing · 31-Aug-2026
- General UpdatesDharmaj Crop Guard Limited has informed the Exchange about Letter to Shareholder sent under Regulation 36(1)(b)NSE filing · 29-Aug-2026
- Shareholders meetingDharmaj Crop Guard Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 24, 2026NSE filing · 29-Aug-2026
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
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