Dhanuka Agritech
- Market cap
- ₹ 3,713 Cr.
- P/E
- 13.6x
- P/B
- 2.3x
- 52-week range
- 820 – 1,470
- ROE
- 18%
- ROCE
- 24%
- Dividend yield
- 0.2%
- Debt / equity
- 0.02
- Sector
- Fertilizers & Agrochemicals
- Industry
- Pesticides & Agrochemicals
- Listed on
- NSE, BSE
About
Dhanuka Agritech Limited is an India-based agri-input company. The Company is engaged in manufacturing a wide range of agro-chemicals, such as herbicides, insecticides, fungicides, plant growth regulators in various forms-liquid, dust, powder, and granules. Its herbicides products include Turmoil, TARGA SUPER, SAKURA, SEMPRA, MAX-SOY, CHEMPA, FENOX, NABOOD, WEEDMAR SUPER, OZONE, DHANUTOP, CRAZE, BARRIER, NOWEED, DABOOCH, DOZO MAXX, ONEKIL, and others. The Company’s fungicides products include LUSTRE, GODIWA SUPER, CONIKA, CURSOR, KASU-B, SIXER, FUJITA, SPECTRUM, SHEATHMAR, and others. Its insecticides products include FOSTER, MORTAR, D-ONE, FAX SC, AD-FYRE, AREVA, APPLE, and others. Its plant growth regulators include WETCIT, SUELO, MAXYLD, DHANVARSHA, DHANZYME GOLD GRANULES, and others. Its biological products include NEMATAXE, WHITEAXE, SPORENIL, DOWNIL, OMNINXT, Myconxt, and others. The Company’s distribution network consists of around 6,500 distributors.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Pesticides & Agrochemicals: 33 companies →Dhanuka Agritech against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)13.6 against a typical 23.3: cheaper than most peers (1st = cheapest).9th of 33
- Sales growth−12.5% against a typical −4.5% from a year earlier.25th of 31
- Profit growth−35.7% against a typical +15.2% from a year earlier.21st of 25
- Share price, 3 months−13.5% against a typical −15.5%.14th of 32
- Size₹ 3,712.8 Cr. market value against a typical ₹ 883.3 Cr. (1st = largest).7th of 31
Latest announcements
Exchange filings and their impact on the company.
- Dhanuka launched Tembotrax herbicide for maize and sugarcane, a small incremental growth driver.
Dhanuka Agritech launched a new herbicide called Tembotrax in India on 14 October 2026. It is a selective post-emergence herbicide for controlling broadleaf and grassy weeds in maize and sugarcane. The launch expands Dhanuka's herbicide portfolio and should add small incremental sales over the next year.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AA | Stable | 24 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 24 Sep 2026 | Reaffirmed | CARE AA | — | CARE | ₹ 63 Cr. | |
| 5 Sep 2025 | Reaffirmed | CARE AA | — | CARE | ₹ 63 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 Oct 2026Upcoming | Financial Results | To consider and approve the Un-Audited Financial Results for the Quarter and Half-Year ended September 30, 2026 |
| 3 Aug 2026 | Financial Results | To consider and approve the Un-audited Financial Results for the period ended Jun 30, 2026 |
| 19 May 2026 | Financial Results/Dividend/Buyback/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend, buyback for equity shares and other business matters |
| 5 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 31 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 1 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 16 May 2025 | Financial Results/Dividend | To consider and approve Audited Standalone & Consolidated Financial Results of the Company for the Quarter and Financial Year ended 31st March, 2025 and to consider and recommend Final Dividend for the Financial Year ended 31st March, 2025, if any, subject to the approval of Shareholders at the 40th Annual General Meeting (AGM) of the Company |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 618 | 403 | 368 | 494 | 654 | 445 | 442 | 528 | 598 | 410 | 483 | 462 |
| Expenses | 476 | 341 | 288 | 422 | 495 | 370 | 332 | 445 | 462 | 351 | 358 | 407 |
| Operating Profit | 142 | 62 | 80 | 72 | 160 | 76 | 110 | 83 | 137 | 59 | 125 | 55 |
| OPM % | 23% | 15% | 22% | 15% | 24% | 17% | 25% | 16% | 23% | 14% | 26% | 12% |
| Other Income | 6 | 7 | 15 | 7 | 11 | 7 | 11 | 8 | 6 | 8 | 21 | 9 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 10 | 13 | 13 | 12 | 13 | 13 | 17 | 15 | 16 | 16 | 16 | 14 |
| Profit before tax | 137 | 56 | 81 | 66 | 157 | 68 | 102 | 75 | 126 | 50 | 128 | 49 |
| Tax % | 26% | 19% | 28% | 26% | 25% | 19% | 26% | 26% | 25% | 20% | 24% | 25% |
| Net Profit | 102 | 45 | 59 | 49 | 118 | 55 | 76 | 56 | 94 | 40 | 98 | 36 |
| EPS in Rs | 22.33 | 9.95 | 12.95 | 10.73 | 26.07 | 12.21 | 16.75 | 12.31 | 20.85 | 8.87 | 21.69 | 8.14 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 9%
- 5 Years
- 8%
- 3 Years
- 6%
- TTM
- −6%
- 10 Years
- 11%
- 5 Years
- 6%
- 3 Years
- 10%
- TTM
- −12%
- 10 Years
- 3%
- 5 Years
- 3%
- 3 Years
- 9%
- TTM
- —
- 10 Years
- 21%
- 5 Years
- 21%
- 3 Years
- 20%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Dhanuka Agritech | ₹ 881.00 | ₹ 3,713 Cr. | 13.6x | 2.3x | 18% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Mahendra Kumar Dhanuka
- Executive Chairman of the Board
- Vinod Kumar Bansal
- Chief Financial Officer
- Jitin Sadana
- Compliance Officer, Company Secretary
- Rahul Dhanuka
- Managing Director, Executive Director
- Harsh Dhanuka
- Executive Non-Independent Director
- Ashish Saraf
- Whole Time Non-Independent Director
Prices are delayed and for information only. Nothing on this page is investment advice.