Dharmaj Crop Guard Limited DHARMAJ NSEINFRA
Company Overview
Dharmaj Crop Guard Limited engages in manufacturing, distributing, and marketing of a range of agro chemical formulations in India. The company's agro chemical formulations include insecticides, fungicides, herbicides, plant growth regulators, micronutrient fertilizers, and antibiotics to the B2C and B2B customers. It also manufactures and sells general insect and pest control chemicals for public and animal health protection applications; and offers crop protection solutions, and agrochemical active ingredients and intermediates. The company exports its products to Latin America, East African countries, the Middle East, and Far East Asia. Dharmaj Crop Guard Limited was incorporated in 2015 and is based in Ahmedabad, India.
Why Investors Should Care
Return on capital employed stands at 17.6%.
Net profit has compounded at 26.7% per year over the last five years.
Revenue has grown at a 29.6% CAGR over the past five years.
Trades at a P/E of 25.2, below the sector median of 27.4.
Carries low leverage with a debt-to-equity ratio of 0.29.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹1,137.96 Cr (+19.7% YoY); net profit ₹54.65 Cr.
- Trailing 12 Months Year-on-year growth — revenue +19.7%, earnings +56.9%.
- 5-Year Trend Long-term compounding — revenue CAGR 29.6%, profit CAGR 26.7%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 29.63% |
| 1 Year: | 19.65% |
Compounded Profit Growth
| 5 Years: | 26.71% |
| 1 Year: | 56.92% |
Stock Price Performance
| 1 Year: | -25.94% |
| 6 Months: | +10.80% |
| 3 Months: | -5.79% |
| 1 Month: | -6.31% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMAAbove
- RSI (14)42.78 · Neutral
P/E of 25.25 is below the sector median of 27.40 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 29.6% over 5 years.
- Profit CAGR of 26.7% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading 30.2% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | DHARMAJ Dharmaj Crop Guard Limited NSEINFRA | 260.05 | 25.25 | ₹878.90 Cr | 0.00% | 17.58% | 12.17% | 29.63% | 26.71% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 11,659.00 | 56.84 | ₹3.44 L Cr | 0.66% | 11.90% | 10.66% | 12.40% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,244.70 | 86.92 | ₹3.04 L Cr | 0.57% | 18.75% | 22.30% | 3.61% | 75.28% |
| 4 | ASIANPAINT Asian Paints Limited NIFTY50NSEINFRA | 2,675.50 | 59.31 | ₹2.57 L Cr | 1.03% | 24.41% | 20.24% | 1.10% | 1.75% |
| 5 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 187.67 | 21.70 | ₹2.34 L Cr | 2.09% | 11.32% | 10.56% | -1.59% | 7.21% |
| 6 | HINDZINC Hindustan Zinc Limited NSEINFRA | 532.50 | 16.26 | ₹2.25 L Cr | 3.91% | 61.97% | 61.13% | 5.61% | 9.58% |
| 7 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 963.55 | 16.01 | ₹2.17 L Cr | 0.52% | 9.42% | 9.80% | 7.10% | 9.87% |
| 8 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 3,133.10 | 56.45 | ₹2.13 L Cr | 0.31% | 4.00% | 4.80% | 14.63% | -10.06% |
| 9 | VAML Vedanta Aluminium Metal Limited NSEINFRA | 449.60 | - | ₹1.76 L Cr | 0.00% | 41.97% | 49.39% | - | -46.32% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 255.28 Cr | 311.33 Cr | 174.51 Cr | 209.93 Cr | 367.38 Cr | 347.26 Cr | 189.54 Cr | 233.78 Cr |
| Cost of Revenue | - | - | - | 175.27 Cr | 278.62 Cr | 271.61 Cr | 146.06 Cr | 184.28 Cr |
| Gross Profit | - | - | - | 34.66 Cr | 88.76 Cr | 75.65 Cr | 43.48 Cr | 49.50 Cr |
| Operating Expenses | 228.33 Cr | 276.85 Cr | 165.01 Cr | 35.39 Cr | 42.69 Cr | 48.64 Cr | 41.03 Cr | 43.68 Cr |
| Operating Income | 22.51 Cr | 29.89 Cr | 4.84 Cr | -73.70 L | 46.07 Cr | 27.01 Cr | 2.45 Cr | 5.82 Cr |
| EBITDA | 26.95 Cr | 34.48 Cr | 9.50 Cr | 5.35 Cr | 51.50 Cr | 31.83 Cr | 10.49 Cr | 15.00 Cr |
| Interest Expense | 2.68 Cr | 2.99 Cr | 3.26 Cr | 3.97 Cr | 3.12 Cr | 4.50 Cr | 4.64 Cr | 4.95 Cr |
| Pretax Income | 20.21 Cr | 27.20 Cr | 1.54 Cr | -3.19 Cr | 43.73 Cr | 22.54 Cr | 97.30 L | 5.24 Cr |
| Tax Provision | 5.14 Cr | 6.17 Cr | 36.01 L | -74.10 L | 11.14 Cr | 5.21 Cr | 21.70 L | 1.27 Cr |
| Net Income | 15.07 Cr | 21.03 Cr | 1.18 Cr | -2.45 Cr | 32.59 Cr | 17.33 Cr | 75.60 L | 3.97 Cr |
| Diluted EPS | 4.46 | 6.22 | 0.35 | -0.73 | 9.64 | 5.13 | 0.22 | 1.17 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 522.45 Cr | 652.66 Cr | 951.04 Cr | 1,137.96 Cr |
| Cost of Revenue | - | 431.96 Cr | 521.83 Cr | 744.37 Cr | 880.58 Cr |
| Gross Profit | - | 90.49 Cr | 130.83 Cr | 206.68 Cr | 257.39 Cr |
| Operating Expenses | - | 46.73 Cr | 71.26 Cr | 150.17 Cr | 176.04 Cr |
| Operating Income | - | 43.76 Cr | 59.57 Cr | 56.50 Cr | 81.35 Cr |
| EBITDA | - | 45.48 Cr | 65.96 Cr | 76.93 Cr | 108.82 Cr |
| Interest Expense | - | 2.18 Cr | 3.04 Cr | 12.90 Cr | 17.22 Cr |
| Pretax Income | - | 38.22 Cr | 57.49 Cr | 45.76 Cr | 72.48 Cr |
| Tax Provision | - | 11.36 Cr | 13.11 Cr | 10.93 Cr | 17.84 Cr |
| Net Income | - | 26.86 Cr | 44.38 Cr | 34.83 Cr | 54.65 Cr |
| Diluted EPS | 8.49 | 9.76 | 13.13 | 10.30 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 432.27 Cr | 563.27 Cr | 733.41 Cr | 841.40 Cr |
| Current Assets | - | 288.89 Cr | 244.34 Cr | 411.18 Cr | 512.68 Cr |
| Cash & Equivalents | - | 42.30 L | 3.00 Cr | 22.70 L | 27.50 L |
| Inventory | - | 72.86 Cr | 93.38 Cr | 138.49 Cr | 207.40 Cr |
| Receivables | - | 72.71 Cr | 118.68 Cr | 248.39 Cr | 280.73 Cr |
| Total Liabilities | - | 117.09 Cr | 203.90 Cr | 339.00 Cr | 392.36 Cr |
| Current Liabilities | - | 83.00 Cr | 125.73 Cr | 268.64 Cr | 331.08 Cr |
| Long Term Debt | - | 33.51 Cr | 76.11 Cr | 64.11 Cr | 50.99 Cr |
| Total Debt | - | 52.42 Cr | 111.89 Cr | 115.56 Cr | 131.91 Cr |
| Total Equity | - | 315.18 Cr | 359.37 Cr | 394.41 Cr | 449.04 Cr |
| Shares Outstanding | - | 3.38 Cr | 3.38 Cr | 3.38 Cr | 3.38 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -23.72 Cr | 7.38 Cr | 38.68 Cr | 27.61 Cr |
| Investing Cash Flow | - | -190.98 Cr | -62.02 Cr | -32.90 Cr | -29.27 Cr |
| Financing Cash Flow | - | 214.16 Cr | 57.22 Cr | -8.55 Cr | 1.71 Cr |
| Capital Expenditure | - | -69.12 Cr | -189.91 Cr | -32.12 Cr | -26.91 Cr |
| Free Cash Flow | - | -92.83 Cr | -182.53 Cr | 6.56 Cr | 69.40 L |
| Net Change in Cash | - | -52.90 L | 2.58 Cr | -2.77 Cr | 4.80 L |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 17.3% | 20.0% | 21.7% | 22.6% |
| Operating Margin % | - | 8.4% | 9.1% | 5.9% | 7.1% |
| Net Margin % | - | 5.1% | 6.8% | 3.7% | 4.8% |
| ROE % | - | 8.5% | 12.3% | 8.8% | 12.2% |
| ROCE % | - | 12.5% | 13.6% | 12.2% | 15.9% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for DHARMAJ
Insiders of Dharmaj Crop Guard Limited (NSE:DHARMAJ) must be disappointed as stock fell 11% after recent purchases - simplywall.st
<a href="https://news.google.com/rss/articles/CBMi3gFBVV95cUxNR3dLazRQemdQZU5pQXE0Z1QtY0ZCdU5yWmpIbHFvWEpxNXl2T0hqaDNBSWlDM1N3OG9PSGUzZEl3ek0zWDUwUjFJeGVpZlB2WDIzbnI5MHNfanF6UFdLR25RcFcxRmhCREVDd3ItazNOcW9ya2ZULW1IVGNEbWNhd1FlNDhPeDM1NUtHdF…
Dharmaj Crop Guard accepts resignation of Bhupendra Varasada - scanx.trade
<a href="https://news.google.com/rss/articles/CBMiuAFBVV95cUxNcGdHWjFDY3hYWm1NaXd5WW5EY015c25jaENwTlRCVWJUblp2VGxxcmFVRDQxUGRKOTd0QnNvcXNIZ01aenNtZmJnQ3p1MkVtMGFyVG5vTXVYNGtlTDZROElsVldLSDFPU3pUWVc5dlBTRHJkSjI2NkZqczF6cllnaWx3aVpKbGZxdWVkdn…
Dharmaj Crop Standalone March 2026 Net Sales at Rs 233.78 crore, up 11.36% Y-o-Y - Moneycontrol.com
<a href="https://news.google.com/rss/articles/CBMi3AFBVV95cUxQZ3JGbjFweEtsS196Szl0Y25HQ1ZnZlowWGpKSjFIbFBtdDhKdE5wdURFTUlEelg2dmxRZ2V3UzA4eXdHWndkbnhNUmY2eXQ5YTVON29ZU0ZDV1J4YTFIUHhVSkNHTElOa1Q0WmhZX09FSnJCcHdwdThkNHg3U3dYbU5pNUNSdmZKNDFGel…
Dharmaj Crop Guard Bets on Branding with Rohit Sharma as a Brand Ambassador; Capacity Expansion to Fuel Next Phase of Growth - Dalal Street Investment Journal
<a href="https://news.google.com/rss/articles/CBMiggJBVV95cUxQU1NVNjk4Ym1CTnQ0QUt3Y3lfM0wyRHAyV29ySUlSOEVoNFV1Nkdka2R0TjZiWGszTGlOSEFEaFVkVXlVcVpacHNZOGRnMmVacUxmNzFNdnU5dmUyY21EWVBNeFhUTVd0SmN2R2R4SkJXRnNQWm5YRzZ6RzdYc0FabGhJNG5LV3F2V1ZnYz…
DHARMAJ Stock Price and Chart — NSE:DHARMAJ - TradingView
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Dharmaj Crop Guard Schedules Board Meeting on May 27, 2026 to Approve Q4 and Full Year FY26 Financial Results - scanx.trade
<a href="https://news.google.com/rss/articles/CBMi-AFBVV95cUxPRmpza1FpcExqaW1aZE95cDdGUUlWZFgzaXNhYzl5TExDVUVBUldkT3Fxb2ItOG5TVFdTeS13NDN6ZzhFTHN3WXp5RlZ5WFNwUkV3dzZHV0I3UTZodzdOR3VyTFVuRks3TEk0M2dZdzdXcXpfa29PSG9hYkZOTEwtYUloSlJJZWlMV1J4YT…
DHARMAJ — Frequently Asked Questions
What is the current share price of Dharmaj Crop Guard Limited (DHARMAJ)?
As of 2026-07-16 05:21 IST, Dharmaj Crop Guard Limited (DHARMAJ) trades at ₹260.05 on NSE. Its 52-week range is ₹215.80 to ₹372.40.
What is the market capitalisation of DHARMAJ?
Dharmaj Crop Guard Limited (DHARMAJ) has a market capitalisation of ₹878.90 Cr on NSE.
What is the P/E ratio of DHARMAJ?
DHARMAJ trades at a trailing price-to-earnings (P/E) ratio of 25.25. The industry average P/E is 27.40. Its price-to-book (P/B) ratio is 1.93.
What is the return on equity (ROE) of DHARMAJ?
DHARMAJ has a return on equity (ROE) of 12.17%. Its return on capital employed (ROCE) is 17.58%.
Is DHARMAJ a good stock to buy?
This page provides a data-driven analysis of Dharmaj Crop Guard Limited (DHARMAJ), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.