Dhanuka Agritech Ltd

Dhanuka Agritech Ltd

₹ 1,335 -1.10%
25 Apr 4:01 p.m.
About

Dhanuka Agritech manufactures a wide range of agro-chemicals like herbicides, insecticides, fungicides, plant growth regulators in various forms liquid, dust, powder and granules.(Source : 202003 Annual Report Page No:93)

Key Points

Product Portfolio
The Co. has 300+ product registrations across Herbicides, Insecticides, Fungicides and Plant growth regulators. About 90 Products across all segments. [1]

  • Market Cap 6,076 Cr.
  • Current Price 1,335
  • High / Low 1,399 / 633
  • Stock P/E 24.8
  • Book Value 260
  • Dividend Yield 0.60 %
  • ROCE 27.0 %
  • ROE 21.3 %
  • Face Value 2.00

Pros

  • Company is almost debt free.

Cons

  • Promoter holding has decreased over last 3 years: -4.82%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
296 276 364 439 357 318 393 543 393 371 369 618 403
245 211 303 357 302 253 341 445 342 293 325 476 341
Operating Profit 50 65 61 82 55 65 51 98 52 78 44 142 62
OPM % 17% 23% 17% 19% 15% 20% 13% 18% 13% 21% 12% 23% 15%
9 9 8 7 7 12 17 6 8 15 7 6 7
Interest 1 1 1 1 1 1 1 1 1 1 1 1 1
Depreciation 4 5 4 4 4 4 4 4 4 5 5 10 13
Profit before tax 54 68 64 84 57 72 64 98 54 87 45 137 56
Tax % 26% 28% 24% 25% 25% 25% 23% 25% 15% 25% 26% 26% 19%
40 49 49 63 43 54 49 73 46 65 33 102 45
EPS in Rs 8.60 10.44 10.43 13.61 9.13 11.66 10.54 15.68 9.89 14.33 7.23 22.33 9.95
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
529 582 738 785 829 883 963 1,006 1,120 1,387 1,478 1,700 1,761
450 500 618 653 689 713 796 860 946 1,118 1,214 1,421 1,436
Operating Profit 80 82 121 132 140 170 166 146 174 269 264 279 325
OPM % 15% 14% 16% 17% 17% 19% 17% 15% 16% 19% 18% 16% 18%
1 7 5 6 13 18 16 21 25 34 34 45 34
Interest 5 4 4 3 1 1 1 1 2 3 3 3 3
Depreciation 5 5 5 6 6 15 14 12 16 15 16 18 32
Profit before tax 70 81 116 129 145 172 167 154 181 285 277 303 324
Tax % 18% 20% 20% 18% 26% 29% 24% 27% 22% 26% 25% 23%
57 64 93 106 107 122 126 113 141 211 209 234 245
EPS in Rs 11.42 12.88 18.62 21.21 21.45 24.83 25.71 23.66 29.73 45.21 44.82 51.23 53.84
Dividend Payout % 19% 22% 21% 6% 30% 2% 21% 3% 40% 4% 31% 4%
Compounded Sales Growth
10 Years: 11%
5 Years: 12%
3 Years: 15%
TTM: 7%
Compounded Profit Growth
10 Years: 13%
5 Years: 11%
3 Years: 15%
TTM: 10%
Stock Price CAGR
10 Years: 18%
5 Years: 29%
3 Years: 20%
1 Year: 111%
Return on Equity
10 Years: 23%
5 Years: 22%
3 Years: 24%
Last Year: 21%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 10 10 10 3 10 10 10 10 10 9 9 9 9
Reserves 205 253 322 410 470 512 624 633 698 787 951 1,052 1,178
46 34 39 16 8 8 5 22 8 48 32 34 31
135 124 145 166 169 185 185 171 217 286 320 310 383
Total Liabilities 396 420 517 594 657 715 823 835 932 1,131 1,312 1,405 1,602
39 63 67 70 133 138 131 117 117 167 159 165 336
CWIP 0 1 22 38 0 0 0 1 4 8 48 153 15
Investments 15 8 1 47 92 66 182 120 159 278 336 255 208
341 348 427 438 431 510 510 597 652 679 769 833 1,043
Total Assets 396 420 517 594 657 715 823 835 932 1,131 1,312 1,405 1,602

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
59 47 33 110 140 63 138 13 162 231 104 136
-20 -18 -19 -70 -66 20 -111 63 -44 -127 -43 3
-35 -31 -17 -38 -76 -81 -20 -87 -93 -129 -61 -137
Net Cash Flow 4 -3 -3 2 -2 3 7 -10 25 -25 1 2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 104 94 84 90 82 76 79 79 79 64 70 73
Inventory Days 178 153 168 161 125 222 147 137 141 137 148 123
Days Payable 70 43 38 52 46 48 60 51 64 50 74 62
Cash Conversion Cycle 213 204 214 199 160 250 166 165 156 151 143 133
Working Capital Days 130 135 137 120 116 141 124 153 127 107 113 109
ROCE % 31% 30% 36% 33% 31% 34% 29% 23% 26% 36% 30% 27%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
70.00% 70.00% 70.00% 70.00% 70.00% 70.00% 70.00% 70.19% 70.19% 70.19% 70.19% 70.19%
0.00% 4.70% 4.18% 3.67% 3.90% 3.99% 4.04% 4.05% 3.55% 2.21% 1.34% 1.49%
14.27% 14.86% 17.05% 17.50% 17.18% 16.65% 16.61% 16.63% 17.24% 18.22% 18.41% 18.90%
15.73% 10.44% 8.77% 8.83% 8.92% 9.38% 9.35% 9.13% 9.03% 9.39% 10.07% 9.43%
No. of Shareholders 46,73945,58938,70238,45737,64837,43644,95336,58734,22133,68832,51233,812

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls