Dhanuka Agritech
Dhanuka Agritech Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Dhanuka Agritech Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Dhanuka Agritech Ltd trades at a P/E of 16.53× and P/B of 2.82×.
Valuation
Profitability
Growth
Financial Health
Dhanuka Agritech Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Dhanuka Agritech Ltd, switchable between annual and quarterly views, consolidated or standalone.
Dhanuka Agritech Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹4,769.29 Cr and reported EPS of ₹63.73.
| Period | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 976 | 976 | 1,120 | 1,387 | 1,478 | 1,700 | 1,759 | 2,035 | 2,035 |
| Other Income | 16 | 16 | 25 | 34 | 34 | 45 | 35 | 36 | 36 |
| Total Income | 992 | 992 | 1,145 | 1,421 | 1,511 | 1,745 | 1,794 | 2,071 | 2,071 |
| Cost of Goods Sold (COGS) | 562 | 562 | 712 | 863 | 939 | 1,115 | 1,072 | 1,219 | 1,219 |
| Gross Profit | 414 | 414 | 408 | 524 | 539 | 585 | 686 | 816 | 816 |
| +Operating Expenses | 248 | 248 | 235 | 255 | 275 | 306 | 359 | 399 | 399 |
| EBITDA | 166 | 166 | 173 | 269 | 263 | 279 | 327 | 417 | 417 |
| +Non-Operating Expenses | 15 | 15 | 18 | 18 | 19 | 21 | 44 | 61 | 61 |
| Profit Before Tax (PBT) | 167 | 167 | 181 | 285 | 278 | 303 | 319 | 392 | 392 |
| +Tax Expense | 41 | 41 | 39 | 74 | 69 | 69 | 80 | 95 | 95 |
| Profit After Tax (PAT) | 126 | 126 | 141 | 211 | 209 | 234 | 239 | 297 | 297 |
| Earnings Per Share (EPS) | 25.71 | 25.71 | 29.71 | 45.21 | 44.85 | 51.23 | 52.46 | 65.88 | 65.88 |
| Diluted Shares Outstanding (Nos.) | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| +Additional Disclosures | 1,388 | 1,388 | 1,673 | 2,001 | 2,175 | 2,558 | 2,548 | 2,900 | 2,900 |
| Sales Growth % | — | — | 14.73 | 23.87 | 6.51 | 15.05 | 3.43 | 15.73 | — |
| YoY Sales Growth % | — | — | — | 23.87 | 6.51 | 15.05 | 3.43 | 15.73 | — |
| Material Cost % | 40 | 40 | 52 | 55 | 54 | 54 | 51 | 51 | 51 |
| Employee Cost % | 11 | 11 | 9 | 9 | 8 | 7 | 9 | 8 | 8 |
| Other Cost % | 14 | 14 | 12 | 10 | 10 | 11 | 12 | 11 | 11 |
| OPM % | 17 | 17 | 15 | 19 | 18 | 16 | 19 | 20 | 20 |
| Tax % | 24 | 24 | 22 | 26 | 25 | 23 | 25 | 24 | 24 |
| Profit Growth % | — | — | — | 48.97 | -0.79 | 11.78 | 2.39 | 24.20 | — |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 152 | 152 | 157 | 254 | 247 | 261 | 287 | 361 | 361 |
Dhanuka Agritech segment analysis: revenue and profit mix.
Disclosed business segments at Dhanuka Agritech with their share of revenue and profit, switchable between consolidated and standalone reporting.
Dhanuka Agritech discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Dhanuka Agritech Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Dhanuka Agritech Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Dhanuka Agritech Ltd's investment case rests on 7 positive markers and 8 flagged concerns drawn from the latest reported filings.
What you're getting.
Dhanuka Agritech boasts a robust ROE of 22% and a high ROCE of 28.3%, showcasing efficient capital utilization and strong returns for shareholders. This is further complemented by a healthy operating profit margin (OPM) of 20.5%.
The company demonstrates impressive quarterly growth, with a 20% surge in quarterly sales and a remarkable 27.9% increase in quarterly profits. This signifies robust operational performance and high market demand.
A substantial 69.7% promoter holding indicates strong insider confidence and mitigates the risk of hostile takeovers, providing stability and reassurance for long-term investors in the Pesticides & Agrochemicals sector.
Dhanuka maintains a very low debt-to-equity ratio of 0.05, indicating strong financial health and minimal reliance on borrowed capital. This provides significant financial flexibility and reduces risk for investors.
The Pesticides & Agrochemicals sector is poised for growth driven by increasing food demand, government initiatives supporting agriculture, and the need for crop protection, offering expansion avenues for Dhanuka.
What can break it.
Dhanuka's Price-to-Book (P/B) ratio of 4.60 suggests a potential overvaluation compared to its net asset value. This poses a risk if market sentiment turns negative, impacting investor confidence.
Despite a low debt-to-equity ratio, the absolute debt of ₹74.2 crore could become a burden during economic downturns or unexpected market fluctuations. Careful monitoring of debt levels is crucial for financial stability.
The current stock price of ₹1415.00 is significantly below its 52-week high of ₹1975.00, indicating a recent downward trend or investor caution, which could impact short-term returns.
A noticeable decline in FII holding from 3.99% in Sep 2022 to 2.30% in Sep 2025 suggests reduced foreign institutional investor interest, potentially signaling concerns or shifting investment priorities.
The Pesticides & Agrochemicals sector is highly competitive, with established players like UPL and PI Industries. This intense competition could pressure Dhanuka's market share and profit margins.
What would change my mind.
Trim if P/E re-rates above 21. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 2.32. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 14%. The operating engine is no longer compounding capital efficiently.
Dhanuka Agritech Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Dhanuka Agritech Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Dhanuka Agritech Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Dhanuka Agritech Ltd — derived from the live tape, not yesterday's close.
Dhanuka Agritech Ltd last traded at ₹1,053.2 with an intraday range of ₹1,041–₹1,065 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹1053.20| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 1113.13 | +59.93 | +5.69% |
| R3 | 1089.13 | +35.93 | +3.41% |
| R2 | 1077.07 | +23.87 | +2.27% |
| R1 | 1065.13 | +11.93 | +1.13% |
| PIVOT | 1053.07 | -0.13 | -0.01% |
| CURRENT | 1053.20 | — | — |
| S1 | 993.13 | -60.07 | -5.70% |
| S2 | 1017.13 | -36.07 | -3.42% |
| S3 | 1029.07 | -24.13 | -2.29% |
| S4 | 1041.13 | -12.07 | -1.15% |
DHANUKA is trading Above CPR, indicating Bullishness
CPR is Narrower, suggesting likely for trending moves
Day's range: 1041 ~ 1065
Trading Below opening range, showing Bearishness
Dhanuka Agritech Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Dhanuka Agritech Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Dhanuka Agritech Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Dhanuka Agritech Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Dhanuka Agritech Ltd stood at 46.7% of traded volume, against a 20-day average of 42.4%.
Dhanuka Agritech announcements: results, concalls, ratings, M&A.
Filings Dhanuka Agritech sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Dhanuka Agritech files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 113 documents below.
Copy of Newspaper Publication
Dhanuka Agritech Limited has informed the Exchange about Copy of Newspaper Publication pertaining to Public Notice for the Buyback of Fully Paid-up…
Updates
Sundae Capital Advisors Private Limited has Submitted to the Exchange a copy of Letter of Offer.
Analysts/Institutional Investor Meet/Con. Call Updates
Dhanuka Agritech Limited has informed the Exchange about Transcript
Copy of Newspaper Publication
Dhanuka Agritech Limited has informed the Exchange about Copy of Newspaper Publication for the Audited Financial Results for the Quarter and…
Investor Presentation
Dhanuka Agritech Limited has informed the Exchange about Investor Presentation
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Dhanuka Agritech dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Dhanuka Agritech has declared, sequenced by announce and record date.
Dhanuka Agritech corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Dhanuka Agritech Ltd: business, sector, key facts.
What Dhanuka Agritech Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Dhanuka Agritech Ltd operates in the Basic Materials, listed as NSE: DHANUKA, BSE: 507717.
Dhanuka Agritech Limited is a prominent agro-chemical company based in India, established in 1980 and headquartered in Gurugram. Their core business revolves around the manufacturing, distribution, and sale of a comprehensive range of crop protection products aimed at enhancing agricultural yields and overall farm productivity.
The company's product portfolio encompasses a wide spectrum of agrochemicals, specifically focusing on herbicides, insecticides, fungicides, and plant growth regulators. This diversity allows them to cater to the diverse needs of Indian farmers across various crops and regions. These products are formulated in various forms, including liquids, dusts, powders, and granules, providing flexibility in application methods and catering to various preferences and crop requirements.
A key aspect of Dhanuka's strategy is its commitment to providing effective and efficient solutions for pest and disease management. In addition to traditional chemical-based pesticides, the company has also expanded into the biological segment. This portfolio includes biological products designed to control insect infestations, protect crops from diseases, and improve nutrient uptake. This diversification reflects a growing awareness of sustainable agricultural practices and a focus on environmentally friendly solutions.
Dhanuka's operations are primarily concentrated within the Indian agricultural market, making them a significant player in the domestic agrochemical industry. Their success is likely driven by a combination of factors, including a wide product portfolio, effective distribution channels, understanding of local farming needs, and a focus on continuous innovation to meet the evolving demands of the agricultural sector.
The company's long history and continued operation suggest a sustained market presence and a capacity to adapt to changes in the agricultural landscape, including evolving regulatory requirements and the increasing focus on sustainable agriculture practices. Their expansion into biological products indicates a proactive approach to aligning with global trends toward environmentally friendly and sustainable agricultural technologies.
Questions investors ask about Dhanuka Agritech Ltd (DHANUKA).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Dhanuka Agritech Ltd (DHANUKA)?
The current share price of Dhanuka Agritech Ltd (DHANUKA) is ₹1,053.2. Today, the stock has declined by ₹23.40 (2.17%), trading in a range of ₹1,041 to ₹1,065. The stock opened at ₹1,060 with a trading volume of 64,683 shares.
02Is Dhanuka Agritech Ltd stock a good investment for long-term?
Dhanuka Agritech Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹4,769.29 crores, P/E ratio of 16.53, ROE of 18.62%, and ROCE of 28.30%. The dividend yield stands at 0.19%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Dhanuka Agritech Ltd stock?
The 52-week high price of Dhanuka Agritech Ltd (DHANUKA) is ₹1,975, while the 52-week low is ₹889.6. Currently trading at ₹1,053.2, the stock is 15.1% away from its 52-week low and 46.7% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Dhanuka Agritech Ltd stock at the current price?
Whether to buy Dhanuka Agritech Ltd stock at ₹1,053.2 depends on multiple factors. The stock is currently trading with a P/E ratio of 16.53 and P/B ratio of 2.82. Today's performance shows a loss of 2.17%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Dhanuka Agritech Ltd and when is the next dividend?
Dhanuka Agritech Ltd offers a dividend yield of 0.19%, which means for every ₹100 invested at the current price of ₹1,053.2, you can expect to receive approximately ₹0.19 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Dhanuka Agritech Ltd?
Dhanuka Agritech Ltd's key financial metrics include: P/E Ratio: 16.53, P/B Ratio: 2.82, ROE: 18.62%, ROCE: 28.30%, Dividend Yield: 0.19%, EPS: ₹63.73, Book Value: ₹373.12, and Debt-to-Equity: 1.82. The company's market cap stands at ₹4,769.29 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Dhanuka Agritech Ltd stock performing today in the market?
Dhanuka Agritech Ltd stock opened at ₹1,060 and is currently trading at ₹1,053.2, showing a decline of ₹23.40 (2.17%). The intraday high is ₹1,065 and low is ₹1,041. The trading volume stands at 64,683 shares, indicating moderate market participation today.
08What is the P/E ratio of Dhanuka Agritech Ltd and what does it indicate?
Dhanuka Agritech Ltd has a Price-to-Earnings (P/E) ratio of 16.53, which means investors are willing to pay ₹16.53 for every ₹1 of earnings. With an EPS of ₹63.73, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Dhanuka Agritech Ltd (DHANUKA) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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