Stock Analysis

Dhanuka Agritech Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St

May 21, 2024

Dhanuka Agritech (NSE:DHANUKA) Full Year 2024 Results

Key Financial Results

Revenue: ₹17.9b (up 5.5% from FY 2023).
Net income: ₹2.39b (up 2.4% from FY 2023).
Profit margin: 13% (in line with FY 2023).
EPS: ₹52.46 (up from ₹50.35 in FY 2023).

earnings-and-revenue-growth — NSEI:DHANUKA Earnings and Revenue Growth May 21st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dhanuka Agritech EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 1.0%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Chemicals industry in India.

Performance of the Indian Chemicals industry.

The company's shares are up 2.2% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Dhanuka Agritech that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.