DHANUKANSEDhanuka Agritech Limited· Pesticides And AgrochemicalsMinimalNeutral
Announced Sat, 5 Jul · 15:48 IST

Dhanuka Agritech Limited has informed the Exchange regarding 'Business Responsibility and Suatanability Report for the FY 2024-25 '.

DHANUKA · price

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Awaiting price reaction for this filing.

AI summary

Dhanuka Agritech Limited has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with BSE and NSE, as required by SEBI's listing regulations. The agrochemical company reported a turnover of about Rs 2,035 crore and a net worth of Rs 1,403 crore, with manufacturing of agrochemicals accounting for roughly 85% of revenue. Key sustainability targets disclosed include net-zero emissions by 2040, water neutrality by 2030, 10% renewable energy share by 2030, and more than 90% waste recycling with zero landfill waste by 2030. The company serves about 10 million farmers through around 6,500 distributors and 80,000 retailers, and is expanding internationally via its Dahej plant in Gujarat and the recent acquisition of Bayer products (Iprovalicarb in 20 countries and Triadimenol in Brazil). Its non-operational wholly-owned subsidiary Dhanuka Chemicals Pvt Ltd was struck off the registrar in July 2024, and no external assurance was obtained on the BRSR.

Likely market impact

This is a routine annual compliance filing with no direct price impact. The disclosure of long-term ESG targets, international expansion through the Dahej plant, and Bayer product acquisitions signals management's focus on global growth and sustainability, which may appeal to long-term and ESG-focused investors.