Dhanuka Agritech Ltd
Dhanuka Agritech manufactures a wide range of agro-chemicals like herbicides, insecticides, fungicides, plant growth regulators in various forms liquid, dust, powder and granules.(Source : 202003 Annual Report Page No:93)
- Market Cap ₹ 6,751 Cr.
- Current Price ₹ 1,481
- High / Low ₹ 1,926 / 888
- Stock P/E 24.9
- Book Value ₹ 279
- Dividend Yield 0.95 %
- ROCE 26.9 %
- ROE 20.5 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 20.6%
Cons
- The company has delivered a poor sales growth of 11.8% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Agro Chemicals Industry: Pesticides / Agrochemicals - Indian
Part of Nifty Microcap 250 BSE Allcap BSE Commodities BSE SmallCap Nifty Total Market
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
582 | 738 | 785 | 829 | 883 | 963 | 1,006 | 1,120 | 1,387 | 1,478 | 1,700 | 1,759 | 1,919 | |
500 | 618 | 653 | 689 | 713 | 796 | 860 | 947 | 1,118 | 1,214 | 1,421 | 1,431 | 1,546 | |
Operating Profit | 82 | 121 | 132 | 140 | 170 | 166 | 146 | 174 | 269 | 264 | 279 | 328 | 374 |
OPM % | 14% | 16% | 17% | 17% | 19% | 17% | 15% | 15% | 19% | 18% | 16% | 19% | 19% |
7 | 5 | 6 | 13 | 18 | 16 | 21 | 25 | 34 | 34 | 45 | 35 | 40 | |
Interest | 4 | 4 | 3 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 3 |
Depreciation | 5 | 5 | 6 | 6 | 15 | 14 | 12 | 16 | 15 | 16 | 18 | 41 | 51 |
Profit before tax | 81 | 116 | 129 | 145 | 172 | 167 | 154 | 181 | 285 | 278 | 303 | 319 | 360 |
Tax % | 20% | 20% | 18% | 26% | 29% | 24% | 27% | 22% | 26% | 25% | 23% | 25% | |
64 | 93 | 106 | 107 | 122 | 126 | 113 | 141 | 211 | 209 | 234 | 239 | 271 | |
EPS in Rs | 12.88 | 18.62 | 21.21 | 21.45 | 24.83 | 25.71 | 23.66 | 29.71 | 45.21 | 44.85 | 51.23 | 52.46 | 59.41 |
Dividend Payout % | 22% | 21% | 6% | 30% | 2% | 21% | 3% | 40% | 4% | 31% | 4% | 27% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 12% |
3 Years: | 8% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 17% |
3 Years: | 5% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 37% |
3 Years: | 26% |
1 Year: | 66% |
Return on Equity | |
---|---|
10 Years: | 22% |
5 Years: | 23% |
3 Years: | 22% |
Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 3 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 9 |
Reserves | 253 | 322 | 410 | 470 | 512 | 624 | 633 | 698 | 787 | 951 | 1,052 | 1,247 | 1,263 |
34 | 39 | 16 | 8 | 8 | 5 | 22 | 8 | 48 | 32 | 34 | 27 | 84 | |
124 | 145 | 166 | 169 | 185 | 185 | 171 | 217 | 286 | 320 | 310 | 296 | 468 | |
Total Liabilities | 420 | 517 | 594 | 657 | 715 | 823 | 835 | 932 | 1,131 | 1,312 | 1,405 | 1,579 | 1,824 |
63 | 67 | 70 | 133 | 138 | 131 | 117 | 117 | 167 | 159 | 165 | 338 | 325 | |
CWIP | 1 | 22 | 38 | 0 | 0 | 0 | 1 | 4 | 8 | 48 | 153 | 28 | 28 |
Investments | 8 | 1 | 47 | 92 | 66 | 182 | 120 | 159 | 278 | 336 | 255 | 240 | 186 |
348 | 427 | 438 | 431 | 510 | 510 | 597 | 652 | 679 | 769 | 833 | 973 | 1,285 | |
Total Assets | 420 | 517 | 594 | 657 | 715 | 823 | 835 | 932 | 1,131 | 1,312 | 1,405 | 1,579 | 1,824 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
47 | 33 | 110 | 140 | 63 | 138 | 13 | 162 | 231 | 104 | 136 | 134 | |
-18 | -19 | -70 | -66 | 20 | -111 | 63 | -44 | -127 | -43 | 3 | -81 | |
-31 | -17 | -38 | -76 | -81 | -20 | -87 | -93 | -129 | -61 | -137 | -57 | |
Net Cash Flow | -3 | -3 | 2 | -2 | 3 | 7 | -10 | 25 | -25 | 1 | 2 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 94 | 84 | 90 | 82 | 76 | 79 | 79 | 79 | 64 | 70 | 73 | 72 |
Inventory Days | 153 | 168 | 161 | 125 | 222 | 147 | 137 | 141 | 137 | 148 | 123 | 155 |
Days Payable | 43 | 38 | 52 | 46 | 48 | 60 | 51 | 64 | 50 | 74 | 62 | 56 |
Cash Conversion Cycle | 204 | 214 | 199 | 160 | 250 | 166 | 165 | 156 | 151 | 143 | 133 | 172 |
Working Capital Days | 135 | 137 | 120 | 116 | 141 | 124 | 153 | 127 | 107 | 113 | 109 | 141 |
ROCE % | 30% | 36% | 33% | 31% | 34% | 29% | 23% | 26% | 36% | 30% | 27% | 27% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
8 Nov - CFO to attend G-200 Summit on 18th November.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
8 Nov - Transcript of Q2 FY25 earnings conference call.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Nov - Publication copy of Un-Audited Standalone & Consolidated Financial Results for the Quarter and Half-Year ended on September 30, 2024.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
6 Nov - Dhanuka Agritech reports Q2 FY25 financial results.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
6 Nov - Audio recording of Q2 financial results call.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Nov 2024Transcript PPT
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Nov 2021Transcript PPT
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Jul 2021TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
Product Portfolio
The Co. has 300+ product registrations across Herbicides, Insecticides, Fungicides, and Plant growth regulators. It has ~90 Products across all segments. [1]