DHARMAJNSEDharmaj Crop Guard LimitedHighNeutral
Announced Wed, 27 May · 18:01 IST

Audited Financial Results (Consolidated and Standalone) for the Fourth quarter and year ended March 31, 2026

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionResults View source PDF

DHARMAJ · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Dharmaj Crop Guard reported strong full-year results with consolidated revenue from operations growing 19.7% to ₹11,379.65 million from ₹9,510.44 million in the previous year. Profit after tax surged 56.9% to ₹546.46 million from ₹348.25 million, driven by improved operational efficiency and higher other income. EBITDA margin expanded from 8.3% to approximately 10% year-on-year. Q4 FY2026 showed a turnaround with PAT of ₹39.68 million versus a loss of ₹24.54 million in Q4 FY2025. The company appointed M/s. Manubhai & Shah LLP as new internal auditors for FY2026-27. Statutory auditors MSKA & Associates LLP issued unmodified (clean) audit opinions on both consolidated and standalone financials. The company plans to set up a wholly-owned subsidiary in Brazil.

Likely market impact

Strong revenue growth of ~20% and PAT growth of ~57% significantly exceed market expectations, indicating robust demand for the company's agri-inputs products. The margin expansion and Q4 turnaround are positive signals for shareholders, though rising inventory and receivables warrant monitoring.