Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: ₹0.22 (vs ₹0.35 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.22 (down from ₹0.35 in 3Q 2025). Revenue: ₹1.93b (up 10% from 3Q 2025). Net income: ₹7.56m (down 36% from 3Q 2025). Profit margin: 0.4% (down from 0.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 31
Dharmaj Crop Guard Limited to Report Q3, 2026 Results on Feb 10, 2026 Dharmaj Crop Guard Limited announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: ₹5.13 (vs ₹6.22 in 2Q 2025) Second quarter 2026 results: EPS: ₹5.13 (down from ₹6.22 in 2Q 2025). Revenue: ₹3.47b (up 12% from 2Q 2025). Net income: ₹173.3m (down 18% from 2Q 2025). Profit margin: 5.0% (down from 6.8% in 2Q 2025). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹249, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 26x in the Chemicals industry in India. Total loss to shareholders of 29% over the past year. New Risk • Nov 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.71b (US$98.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Announcement • Nov 03
Dharmaj Crop Guard Limited to Report Q2, 2026 Results on Nov 13, 2025 Dharmaj Crop Guard Limited announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Nov 13, 2025 Recent Insider Transactions • Oct 02
Independent Director recently bought ₹3.6m worth of stock On the 25th of September, Bhupatray Khunt bought around 11k shares on-market at roughly ₹325 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Sep 26
Dharmaj Crop Guard Limited Announces Board Appointments Dharmaj Crop Guard Limited announced the appointment of Shri Umesh Menon as an Independent Director of the Company. Appointment of Shri Bhupatray Khunt as an Independent Director of the Company. Announcement • Sep 02
Dharmaj Crop Guard Limited, Annual General Meeting, Sep 25, 2025 Dharmaj Crop Guard Limited, Annual General Meeting, Sep 25, 2025, at 11:30 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹9.64 (vs ₹4.46 in 1Q 2025) First quarter 2026 results: EPS: ₹9.64 (up from ₹4.46 in 1Q 2025). Revenue: ₹3.68b (up 44% from 1Q 2025). Net income: ₹325.9m (up 116% from 1Q 2025). Profit margin: 8.9% (up from 5.9% in 1Q 2025). The increase in margin was driven by higher revenue. Announcement • Aug 05
Dharmaj Crop Guard Limited to Report Q1, 2026 Results on Aug 13, 2025 Dharmaj Crop Guard Limited announced that they will report Q1, 2026 results on Aug 13, 2025 New Risk • Jun 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (3.7% net profit margin). Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹10.30 (vs ₹13.13 in FY 2024) Full year 2025 results: EPS: ₹10.30 (down from ₹13.13 in FY 2024). Revenue: ₹9.53b (up 46% from FY 2024). Net income: ₹348.3m (down 22% from FY 2024). Profit margin: 3.7% (down from 6.8% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • May 22
Dharmaj Crop Guard Limited to Report Q4, 2025 Results on May 30, 2025 Dharmaj Crop Guard Limited announced that they will report Q4, 2025 results on May 30, 2025 Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹238, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 24x in the Chemicals industry in India. Total returns to shareholders of 6.5% over the past year. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹189, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 25x in the Chemicals industry in India. Total loss to shareholders of 23% over the past year. Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹0.35 (vs ₹1.73 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.35 (down from ₹1.73 in 3Q 2024). Revenue: ₹1.74b (up 41% from 3Q 2024). Net income: ₹11.8m (down 80% from 3Q 2024). Profit margin: 0.7% (down from 4.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Announcement • Feb 04
Dharmaj Crop Guard Limited to Report Q3, 2025 Results on Feb 10, 2025 Dharmaj Crop Guard Limited announced that they will report Q3, 2025 results on Feb 10, 2025 New Risk • Jan 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.55b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (5.0% net profit margin). Market cap is less than US$100m (₹8.55b market cap, or US$99.4m). Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹321, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 33x in the Chemicals industry in India. Total returns to shareholders of 18% over the past year. Board Change • Dec 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Non Executive Independent Director Bhaveshkumar Ponkiya was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 27
Dharmaj Crop Guard Limited Announces CFO Changes Dharmaj Crop Guard Limited announced at the Board of Directors of the Company has at its meeting held November 25, 2024, approved Resignation of Mr. Vinay Joshi from the post of Chief Financial officer (Key Managerial Personnel) with effect from closure of business hours on 25th November, 2024 to pursue his professional goal and Appointment of Mr. Vikas Mohanlal Agarwal as Chief Financial officer (Key managerial Personnel) of the Company with effect from 26th November, 2024. Mr. Vikas Mohanlal Agarwal, is a Chartered accountant and a Company Secretary with extensive experience of more than 20 years, majority of which he being served as Chief Financial Officer in Company engaged in chemical industry. He has played vital role in Merger arrangement of Listed Company, further has over looked installation of Chemicals and Textiles Projects, Corporate Finance & Accounts, Business Finance, Controllership, Taxation, Risk Management, Financial Planning & Analysis. New Risk • Nov 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (5.0% net profit margin). Valuation Update With 7 Day Price Move • Nov 16
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₹288, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 32x in the Chemicals industry in India. Total returns to shareholders of 18% over the past year. Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: ₹6.22 (vs ₹6.81 in 2Q 2024) Second quarter 2025 results: EPS: ₹6.22 (down from ₹6.81 in 2Q 2024). Revenue: ₹3.12b (up 23% from 2Q 2024). Net income: ₹210.3m (down 8.7% from 2Q 2024). Profit margin: 6.7% (down from 9.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Announcement • Nov 06
Dharmaj Crop Guard Limited to Report Q2, 2025 Results on Nov 09, 2024 Dharmaj Crop Guard Limited announced that they will report Q2, 2025 results at 12:08 PM, Indian Standard Time on Nov 09, 2024 Announcement • Aug 21
Dharmaj Crop Guard Limited, Annual General Meeting, Sep 12, 2024 Dharmaj Crop Guard Limited, Annual General Meeting, Sep 12, 2024, at 11:30 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: ₹4.46 (vs ₹4.29 in 1Q 2024) First quarter 2025 results: EPS: ₹4.46 (up from ₹4.29 in 1Q 2024). Revenue: ₹2.56b (up 58% from 1Q 2024). Net income: ₹150.7m (up 3.9% from 1Q 2024). Profit margin: 5.9% (down from 9.0% in 1Q 2024). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹300, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 34x in the Chemicals industry in India. Total returns to shareholders of 73% over the past year. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹246, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 31x in the Chemicals industry in India. Total returns to shareholders of 36% over the past year. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹13.13 (vs ₹12.03 in FY 2023) Full year 2024 results: EPS: ₹13.13 (up from ₹12.03 in FY 2023). Revenue: ₹6.58b (up 23% from FY 2023). Net income: ₹443.8m (up 34% from FY 2023). Profit margin: 6.7% (up from 6.2% in FY 2023). The increase in margin was driven by higher revenue. Announcement • May 24
Dharmaj Crop Guard Limited to Report Q4, 2024 Results on May 30, 2024 Dharmaj Crop Guard Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹235, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 49% over the past year. Reported Earnings • Feb 07
Third quarter 2024 earnings released: EPS: ₹1.73 (vs ₹1.63 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.73 (up from ₹1.63 in 3Q 2023). Revenue: ₹1.23b (up 22% from 3Q 2023). Net income: ₹58.4m (up 6.3% from 3Q 2023). Profit margin: 4.7% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses. New Risk • Feb 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹7.99b (US$96.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (82% accrual ratio). Minor Risk Market cap is less than US$100m (₹7.99b market cap, or US$96.2m). Announcement • Jan 30
Dharmaj Crop Guard Limited to Report Q3, 2024 Results on Feb 05, 2024 Dharmaj Crop Guard Limited announced that they will report Q3, 2024 results on Feb 05, 2024 Announcement • Jan 22
Dharmaj Crop Guard Limited Commences Commercial Production from New Facility At Saykha Manufacturing Plant Dharmaj Crop Guard Limited announced the successful commissioning of its greenfield manufacturing facility in Sayakha GIDC, Gujarat. This facility represents a strategic shift for Dharmaj as it forays into technicals & intermediates manufacturing. The facility, equipped with world-class infrastructure and designed in accordance with export market regulatory standards, commenced commercial production on January 22, 2024. Divided into 4 blocks; 2 for intermediates, a multi-purpose technical block and a recovery block, it is capable of manufacturing multiple products simultaneously. In addition to the production blocks, the facility boasts a dedicated Research and Development (R&D) Centre and Quality Control (QC) Laboratory. This comprehensive setup emphasizes Dharmaj's commitment to innovation, quality assurance, and excellence in manufacturing. Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: ₹6.61 (vs ₹1.63 in 2Q 2023) Second quarter 2024 results: EPS: ₹6.61 (up from ₹1.63 in 2Q 2023). Revenue: ₹2.53b (up 151% from 2Q 2023). Net income: ₹230.3m (up 319% from 2Q 2023). Profit margin: 9.1% (up from 5.4% in 2Q 2023). The increase in margin was driven by higher revenue. Announcement • Oct 28
Dharmaj Crop Guard Limited to Report Q2, 2024 Results on Nov 03, 2023 Dharmaj Crop Guard Limited announced that they will report Q2, 2024 results on Nov 03, 2023 Announcement • Sep 07
Dharmaj Crop Guard Limited Launches Three New Products in the Market with Brand Name Bramosh, Lokhandi and Lithox Dharmaj Crop Guard Limited announced that Company had launched the Three new products in the market with brand name Bramosh, Lokhandi and Lithox. Bramosh (Chlorantraniliprole 9.3% + Lambdacyhalothrin 4.6% ZC) on September 06,2023, Domestic market Lokhandi (Dimethomorph 50% WP) on September 06, 2023 Fungicide Domestic market, Lithox (Thiamethoxam 1.0% + Chlorantraniliprole 0.5% GR) on September 06,2023 Insecticide Domestic market. Announcement • Aug 12
Dharmaj Crop Guard Limited, Annual General Meeting, Sep 04, 2023 Dharmaj Crop Guard Limited, Annual General Meeting, Sep 04, 2023, at 11:30 Indian Standard Time. Agenda: To consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors and Auditors along with annexures thereon; to consider appointment of Mr. Jagdish R Savaliya, who retires by rotation as a Director and being eligible offers himself for reappointment; to appoint M/s. MSKA & Associates, Chartered Accountants, Ahmedabad as the Statutory Auditors of the Company; and to discuss other matters. Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: ₹4.29 (vs ₹0.95 in 1Q 2023) First quarter 2024 results: EPS: ₹4.29 (up from ₹0.95 in 1Q 2023). Revenue: ₹1.64b (up 62% from 1Q 2023). Net income: ₹145.1m (up ₹121.6m from 1Q 2023). Profit margin: 8.8% (up from 2.3% in 1Q 2023). The increase in margin was driven by higher revenue. Announcement • Jul 25
Dharmaj Crop Guard Limited to Report Q1, 2023 Results on Jul 31, 2023 Dharmaj Crop Guard Limited announced that they will report Q1, 2023 results on Jul 31, 2023 Announcement • Jun 21
Darmaj Crop Guard Limited Launches the New Product Names "OLEPPO" D Dharmaj Crop Guard Limited announced that Company had launched the new product in the market with brand name 'OLEPPO'. The details of the said product as required under SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 are as follows: Name of the Product, OLEPPO (ABAMECTIN 1.9 % W.P), Date of Launch, June 20, 2023, Category of the product, insecticide/Acaricide, Whether caters to Domestic/International market, Domestic market, Name of the countries in which the product is launched (in case of International), Not Applicable. Reported Earnings • May 18
Full year 2023 earnings released: EPS: ₹12.03 (vs ₹11.62 in FY 2022) Full year 2023 results: EPS: ₹12.03 (up from ₹11.62 in FY 2022). Revenue: ₹5.38b (up 37% from FY 2022). Net income: ₹331.1m (up 15% from FY 2022). Profit margin: 6.2% (down from 7.3% in FY 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹163, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 19x in the Chemicals industry in India. Reported Earnings • Feb 14
Third quarter 2023 earnings released Third quarter 2023 results: EPS: ₹1.63. Net income: ₹55.0m (up ₹55.0m from 3Q 2022). Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹181, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 20x in the Chemicals industry in India.