Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Dharmaj Crop Guard Limited

Dharmaj Crop Guard Limited

NSE: DHARMAJ
Agricultural InputsBasic MaterialsSMALL CAPMCap ₹881.8 Cr
₹260.90₹0.50 (+0.19%)

Market Closed • NSE

Market cap₹881.8 Cr
Enterprise value₹1.01k Cr
P/E TTM14.66
P/B1.97
EPS TTM₹17.80
D/E0.29
Dividend yield0.00%
52W high₹311.40
52W low₹210.65
Price chart(1Y)
1Y Return:-5.28% (₹14.55)
H: ₹306L: ₹253.1
1W+1.56%
1M-3.76%
3M+0.38%
6M-2.55%
1Y-11.44%
Today at a glance

Day range

₹258.10₹262.80

52 week range

₹210.65₹311.40
Volume16.4K0.29x 20D avg
Free float50.00%-70.90% volume

Dharmaj Crop Guard Limited closed at INR260.90 (+0.19%) on volume 0.29x its 20-day average, trading 16.22% below its 52-week high.

Technical analysis
RSI (14)40.6Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹9.17High
SMA 20₹272.78BEARISH
SMA 50₹271.38BEARISH
SMA 100₹269.33BEARISH
SMA 200₹259.00BULLISH
CPR bottom₹261.95
Pivot₹261.43
CPR top₹260.92
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +424.9% QoQ

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹131.9 Cr₹881.8 Cr14.96%≤ 33%PASS
Non-halal income ratio–₹1.14k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹841.1 Cr₹841.4 Cr99.97%≥ 20%PASS
Receivables ratio–₹841.4 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E14.6621.90
Forward P/E——
P/B1.972.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield6.804.60
Growth & profitability
RevenuePAT
FY23PAT margin 5.10%
FY24PAT margin 6.80%
FY25PAT margin 3.70%
FY26PAT margin 4.80%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+29.60%
Revenue CAGR 5Y—
PAT CAGR 3Y+26.70%
PAT CAGR 5Y—
Operating margin13.74%
Net margin5.22%
Financial health & cash flow
Net debt₹131.6 CrModerate
Interest coverage4.70xEBIT / interest
CFO / PAT0.55x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹27.6 Cr
Capital expenditure–
Free cash flow₹69.4 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall73/100
Valuation75/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.29x

Attractive Valuation: P/E of 14.7x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Agricultural Inputs.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)63.03%+6.72% latest vs average
Highest delivery75.75%on 14 Oct
Average volume (20D)56.5KTrading-session average
Conviction trendStrengthening+6.72% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Dharmaj Crop Guard Limited
Dharmaj Crop Guard Limited

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 protection solutions, and agrochemical active ingredients and intermediates. The company exports its products to Latin America, East African countries, the Middle East, and Far East Asia. Dharmaj Crop Guard Limited was incorporated in 2015 and is based in Ahmedabad, India.

IndiaBasic Materials

Questions investors ask
Is Dharmaj Crop Guard Limited Shariah compliant?

Dharmaj Crop Guard Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (14.96%) complies with AAOIFI threshold (≤ 33%).

What is Dharmaj Crop Guard Limited's current valuation relative to peers?

Dharmaj Crop Guard Limited trades at a P/E of 14.7x compared to the sector median of 21.9x, and a Price-to-Book of 2.0x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.29x. Interest coverage is 4.7x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.