Dharmaj Crop Guard Ltd
Incorporated in 2015, Dharmaj Crop Guard manufactures and deals in pesticides including concessionaires of public health products for pest control, insecticides, herbicide, fertilizers and allied products related to research and technical formulations[1]
- Market Cap ₹ 961 Cr.
- Current Price ₹ 284
- High / Low ₹ 391 / 211
- Stock P/E 17.6
- Book Value ₹ 133
- Dividend Yield 0.00 %
- ROCE 16.4 %
- ROE 13.0 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.6% over last 3 years.
* 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.
Peer comparison
Commodities Chemicals Fertilizers & Agrochemicals Pesticides & Agrochemicals
Part of BSE Commodities
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 654 | 951 | 1,138 | |
| 591 | 876 | 1,037 | |
| Operating Profit | 63 | 75 | 100 |
| OPM % | 10% | 8% | 9% |
| 3 | 2 | 8 | |
| Interest | 3 | 13 | 17 |
| Depreciation | 5 | 18 | 19 |
| Profit before tax | 57 | 46 | 72 |
| Tax % | 23% | 24% | 25% |
| 44 | 35 | 55 | |
| EPS in Rs | 13.13 | 10.31 | 16.17 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 56% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| 1 Year: | 19% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 34 | 34 | 34 |
| Reserves | 326 | 361 | 415 |
| 112 | 116 | 132 | |
| 92 | 223 | 260 | |
| Total Liabilities | 563 | 733 | 841 |
| 312 | 311 | 320 | |
| CWIP | 2 | 7 | 6 |
| Investments | 0 | 0 | 0 |
| 249 | 416 | 515 | |
| Total Assets | 563 | 733 | 841 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 7 | 39 | ||
| -62 | -33 | ||
| 57 | -9 | ||
| Net Cash Flow | 3 | -3 | |
| Free Cash Flow | -182 | 9 | |
| CFO/OP | 33% | 58% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 66 | 95 | 90 |
| Inventory Days | 66 | 68 | 86 |
| Days Payable | 47 | 96 | 89 |
| Cash Conversion Cycle | 84 | 67 | 87 |
| Working Capital Days | 65 | 53 | 56 |
| ROCE % | 12% | 16% |
Insights
In beta| Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|
| Number of Dealer and Distributors Number |
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| Retail Touchpoints Number |
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| Agro-chemical Product Portfolio Count Number |
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| Export Market Registrations Received Number |
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| Saykha Plant Capacity Utilization % |
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| Technical Registrations Received Number |
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| Volume Growth - Formulations % |
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| Volume Growth - Technicals % |
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| Volume Growth (Overall) % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Investor Presentation
9h - With reference to the Captioned Subject the investor presentation is attached for the Fourth Quarter and Year ended March 31,2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
9h - Submitted Annual Secretarial Compliance Report for FY ended March 31, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10h - The Newspaper advertisement for the Financial Result is attached herewith.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Q4FY26 revenue ₹2,338 mn, PAT ₹40 mn; FY26 revenue ₹11,380 mn, PAT ₹547 mn; herbicides plant due Q3FY27.
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Appointment Of M/S. Manubhai & Shah LLP, Chartered Accountants, As Internal Auditor Of The Company For The Financial Year 2026-27.
1d - Board appointed M/s. Manubhai & Shah LLP as internal auditor for FY 2026-27.
Annual reports
Concalls
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May 2026TranscriptAI SummaryPPT
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Feb 2026TranscriptAI SummaryPPT
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025Transcript PPT REC
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Aug 2025TranscriptAI SummaryPPT
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Jun 2025Transcript PPT REC
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Feb 2025TranscriptAI SummaryPPT
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Nov 2024Transcript PPT
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Aug 2024TranscriptAI SummaryPPT
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Jun 2024Transcript PPT REC
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Apr 2024TranscriptPPTREC
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptPPT
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Nov 2023Transcript PPT REC
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Jul 2023TranscriptAI SummaryPPT
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May 2023Transcript PPT
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Feb 2023TranscriptAI SummaryPPT
Business Overview:[1][2]
Company is in the business of agrochemical formulations & active ingredients and have the following business segments
a) Branded Formulations (B2C)
b) Institutional Formulations (B2B)
c) Active Ingredients (B2B)
Company manufactures pesticides, weedicides, fungicides, herbicides and has an active portfolio of 190+ products, catering
to a wide customer base including bulk consumers, retailers and export customers