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Dharmaj Crop Guard (DHARMAJ) had a P/E of 13.7× on 6 Nov 2026, below the industry P/E of 14.4×, and the shares are 20% below their 52-week high. Sales and net profit grew 30% and 27% a year over 3 years, with ROCE of 16% and ROE of 13%. Debt is 0.29× equity. It is a small-cap company with a market cap of ₹823 Cr, ranked 31st of 72 Agricultural Inputs companies by market cap; the shares fell 5.2% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹244.15
Day high
₹246.70
Day low
₹242.60
Prev. close
₹244.15
Volume
11.8K

Health check

4 good · 2 fair
  • ReturnsAhead

    −5.2% over a year, better than 7 of 7 peers.

  • Price tagIn line

    P/E 13.7 vs industry 14.4.

  • GrowthStrong

    Sales +29.5%, profit +26.7% a year over 3 years.

  • ProfitabilityAverage

    ROCE 16.2% vs peer median 20.9%.

  • Balance sheetSolid

    Debt 0.29× equity, interest covered 8.1×, Piotroski 8 of 9.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Agricultural Inputs

71 listed peers. Screen the industry

Small cap

₹823 Cr, #31 of 72 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹1,153 Cr · profit ₹60 Cr
Market cap
₹823 Cr
Small cap
P/E
13.7
Industry 14.4
Price to book
1.83
Peers 4.28
Dividend yield
0.00%
ROE
13.0%
Peers 16.2%
ROCE
16.2%
Peers 20.9%
Debt to equity
0.29
Debt ₹132 Cr
EPS (TTM)
₹17.80
Face value ₹10
OPM (TTM)
9.3%
Net margin 5.2%
Sales growth
+4.1%
Latest quarter vs a year ago
Profit growth
+16.9%
Latest quarter vs a year ago
Price to sales
0.71
EV/EBITDA 9.1

Strengths and risks

Strengths and risks

Nothing stands out either way in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Dharmaj Crop Guard

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…

Headquarters
Ahmedabad
Employees
803
Sector
Basic Materials
ISIN
INE00OQ01016

Price range

52 weeks

₹210.65₹306.00

Today

₹242.60₹246.70
Avg volume (3M)
57.5K
1-year return
minus 5.2%
From 52-week high
minus 20.4%

Peers · Agricultural Inputs

Capital-heavy industry columns

Company
COROMANDELCoromandel International1,824.00minus 4.00%53,72434.517.020.9%9.4%0.1110.2%minus 12.4%
FACTFertilisers and Chemicals Travancore750.25minus 1.24%48,547–703.514.2%0.0%2.950.0%minus 15.3%
UPLUPL534.90plus 1.60%45,21423.96.09.9%20.0%0.83−1.2%minus 28.0%
PIINDPI Industries1,735.00minus 1.98%26,32130.013.114.7%24.2%0.031.1%minus 51.9%
SUMICHEMSumitomo Chemical India328.95plus 0.34%16,41929.421.021.0%20.3%0.02−2.6%minus 34.4%
CHAMBLFERTChambal Fertilizers & Chemicals384.70minus 0.91%15,4138.15.721.8%13.7%0.16−9.2%minus 19.4%
BAYERCROPBayer Cropscience3,316.30plus 0.48%14,90420.015.427.9%16.0%0.033.6%minus 31.7%
DHARMAJDharmaj Crop Guard243.60minus 0.23%82313.78.516.2%9.3%0.2929.5%minus 5.2%
Median of 7 peers–−0.91%26,32126.615.420.9%16.0%0.110.0%−28.0%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
367347190234382
317315182223325
50.731.87.310.657.4
13.8%9.2%3.9%4.5%15.0%
0.803.24.41.1
3.14.54.652.7
4.74.84.94.84.9
43.722.515.251
25.5%23.1%22.3%24.2%25.3%
32.617.30.8438.1
9.645.130.221.1711.28

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+29.5%
Profit CAGR 3Y
+26.7%
EPS CAGR 3Y
+18.3%
ROE
13.0%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
5226539491,136
–+24.9%+45.5%+19.6%
4745888721,023
48.86577112
9.3%10.0%8.1%9.9%
3.62.91.1−4
2.231110.2
5.15.418.319.1
−7−2−3−6.5
38.257.545.872.5
29.7%22.8%23.9%24.6%
26.944.434.854.6
–+65.2%minus 21.5%+56.9%
9.7613.1310.3016.17

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
33.833.833.833.8
281326361415
52.4112116132
64.792223260
432563733841
136311313316
97.70.54.76.2
0.5000
12530.20.3
72.5249415519
432563733841

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−23.77.438.727.6
−191−62−32.9−29.3
21457.2−8.51.7
−0.52.6−2.80
−69.1−190−32.1−26.9
−92.8−1836.60.7
−0.2–––

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company.

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you