Dharmaj Crop Guard Ltd
Incorporated in 2015, Dharmaj Crop Guard manufactures and deals in pesticides including concessionaires of public health products for pest control, insecticides, herbicide, fertilizers and allied products related to research and technical formulations[1]
- Market Cap ₹ 1,010 Cr.
- Current Price ₹ 300
- High / Low ₹ 328 / 166
- Stock P/E 22.8
- Book Value ₹ 106
- Dividend Yield 0.00 %
- ROCE 14.4 %
- ROE 13.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 54.6% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
136 | 193 | 298 | 388 | 527 | 654 | |
126 | 175 | 267 | 344 | 480 | 591 | |
Operating Profit | 10 | 18 | 31 | 44 | 47 | 63 |
OPM % | 8% | 9% | 10% | 11% | 9% | 10% |
1 | 1 | 1 | 2 | 4 | 3 | |
Interest | 2 | 2 | 1 | 3 | 2 | 3 |
Depreciation | 2 | 2 | 3 | 5 | 5 | 5 |
Profit before tax | 7 | 14 | 28 | 39 | 44 | 57 |
Tax % | 28% | 26% | 26% | 26% | 26% | 23% |
5 | 11 | 21 | 29 | 33 | 44 | |
EPS in Rs | 25.10 | 6.54 | 12.74 | 11.62 | 9.80 | 13.13 |
Dividend Payout % | 0% | 0% | 0% | 1% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 37% |
3 Years: | 30% |
TTM: | 24% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 55% |
3 Years: | 29% |
TTM: | 34% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 72% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 17% |
Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 2 | 16 | 16 | 25 | 34 | 34 |
Reserves | 9 | 19 | 40 | 60 | 288 | 326 |
20 | 20 | 27 | 37 | 52 | 112 | |
17 | 37 | 46 | 98 | 65 | 92 | |
Total Liabilities | 48 | 93 | 129 | 220 | 439 | 563 |
12 | 22 | 39 | 40 | 40 | 314 | |
CWIP | 0 | 2 | 1 | 18 | 96 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 |
36 | 68 | 89 | 161 | 302 | 249 | |
Total Assets | 48 | 93 | 129 | 220 | 439 | 563 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
3 | 2 | 13 | 16 | -7 | 7 | |
-4 | -15 | -18 | -24 | -207 | -62 | |
0 | 12 | 6 | 7 | 214 | 57 | |
Net Cash Flow | -0 | -1 | 1 | 0 | -1 | 3 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 46 | 63 | 44 | 81 | 51 | 66 |
Inventory Days | 52 | 67 | 68 | 74 | 62 | 66 |
Days Payable | 44 | 80 | 61 | 108 | 47 | 47 |
Cash Conversion Cycle | 54 | 49 | 51 | 47 | 66 | 84 |
Working Capital Days | 45 | 49 | 47 | 54 | 157 | 84 |
ROCE % | 39% | 42% | 40% | 19% |
Documents
Announcements
- Closure of Trading Window 26 Jun
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
6 Jun - Earning call which was held on June 03,2024 the transcript is attached
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
3 Jun - With reference to our previous intimation for the Q4FY24 Earnings Conference call of the Company held on June 03,2024 at 12.00 PM IST and further …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jun - LODR,2015 please find enclosed the copies of Newspaper Advertisement.
- Announcement under Regulation 30 (LODR)-Investor Presentation 30 May
Concalls
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Jun 2024Transcript PPT REC
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Apr 2024TranscriptNotesPPTREC
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptPPT
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Nov 2023Transcript PPT REC
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Jul 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
Business Overview:[1][2]
Company is in the business of agrochemical formulations & active ingredients and have the following business segments
a) Branded Formulations (B2C)
b) Institutional Formulations (B2B)
c) Active Ingredients (B2B)
Company manufactures pesticides, weedicides, fungicides, herbicides and has an active portfolio of 190+ products, catering
to a wide customer base including bulk consumers, retailers and export customers