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NSE:DHARMAJ

DHARMAJ CROP GUARD LTD

Chemicals › Fertilizers & Agrochemicals
₹250.00
at close · 27 Oct 2026
▲ 9.00 (+3.73%)

Latest filings

  1. HP High Court dismisses interim injunction plea against Dharmaj in ZeekaSulf patent case · Regulatory & Legal
  2. Quarterly Compliance Certificate from RTA for Q2 FY27 · Compliance
  3. Trading window closed for Q2 results period · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures agrochemical products for crop protection in India, spanning active ingredients and branded pesticide formulations. The Branded Formulations segment sells finished crop-protection products to Indian farmers through distribution channels and posted muted 3% growth in FY26 on weak Rabi demand. Domestic Active Ingredients and Institutional sales — technical-grade products for agricultural buyers — drove the bulk of FY26's 19.65% revenue growth. The Technicals manufacturing unit at the Sayakha facility, commissioned in January 2024, reached PBT break-even in FY26 on better capacity utilisation and improved product mix. A new Herbicides facility at Kerala GIDC, Ahmedabad is set to commission by end-Q3FY27, and a wholly-owned subsidiary in Brazil is planned. Raw materials are the dominant cost at 61.8% of revenue.

Operating scale
Sayakha Technicals facility
Commissioned January 2024; reached PBT break-even in FY26FY26
Herbicides facility
New dedicated unit at Kerala GIDC, Ahmedabad; commissioning end-Q3FY27Q3 FY27
FY26 revenue
₹1,137.965 croreFY26
Subsidiary
DCGL Industries Limited (wholly-owned)FY26
International expansion
Planned wholly-owned subsidiary in BrazilFY27
Who pays it
Indian farmers through distribution channels for branded products; institutional and agricultural buyers for technical-grade agrochemicals.
Biggest cost
Raw materials at 61.8% of revenue (chemical inputs sensitive to crude/base-material prices).
Kind of business
Seasonal, Kharif-driven Indian agrochemicals manufacturer with growing technicals capacity.
Where it sits
Listed Indian player in the pesticides and agrochemicals industry, expanding from formulations into technical manufacturing and overseas markets.
Market Cap
₹845 Cr
P / E (TTM)
14.0×
EV / EBITDA
8.4×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
17.6%▲
ROCE (FY26)
ROE 12.2% · margin 9.6%
Leverage
0.29·
Debt / Equity · low
Net debt ₹132 Cr
Moves on a normal day
0.99%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 29 Pesticides & Agrochemicals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#10/24
P/B#12/28
ROCE#14/29
ROE#8/28
Debt / Equity#13/29
EBITDA margin#14/28
Revenue growth#12/28
Profit growth#15/28

Scorecard

Measured from the filed financials, judged against its Pesticides & Agrochemicals peers · as of FY26 — not investment advice

Not enough history to assess.

Charts

How has the market priced it — with filings on the timeline?

DHARMAJ · price

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

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from DHARMAJ CROP GUARD LTD's filed financials and exchange disclosures

What does DHARMAJ CROP GUARD LTD do?

DHARMAJ CROP GUARD LTD is a Fertilizers & Agrochemicals company listed on NSE and BSE, trading under the symbol DHARMAJ.

Is DHARMAJ CROP GUARD LTD profitable?

Yes. Over the trailing twelve months DHARMAJ CROP GUARD LTD reported a net profit of ₹60 Cr on revenue of ₹1,153 Cr.

Does DHARMAJ CROP GUARD LTD pay a dividend?

Not in the latest reported year — DHARMAJ CROP GUARD LTD's dividend payout for FY26 was nil.

Is DHARMAJ CROP GUARD LTD debt-free?

No. It reported borrowings of ₹132 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹132 Cr after cash. Debt stands at 0.29× equity. That is lower than 57% of its 29 Pesticides & Agrochemicals peers.

Is DHARMAJ CROP GUARD LTD expensive compared with its peers?

On trailing P/E, DHARMAJ CROP GUARD LTD ranks 10 of 24 in Pesticides & Agrochemicals — cheaper than 61% of them, against an industry median of 19.0×. This is a position, not a valuation judgement.

How much does the DHARMAJ CROP GUARD LTD share price move in a day?

On a typical session DHARMAJ CROP GUARD LTD moves 0.99% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track DHARMAJ CROP GUARD LTD's announcements?

Every NSE and BSE filing by DHARMAJ CROP GUARD LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.