Market Cap ₹5779 Cr.
Stock P/E 23.6
P/B 4.7
Current Price ₹1268
Book Value ₹ 270.4
Face Value 2
52W High ₹1427.4
Dividend Yield 0.16%
52W Low ₹ 641.8
Dhanuka Agritech Ltd is engaged in formulation and advertising of plant safety agro-chemicals, together with insecticides, herbicides, fungicides and plant growth regulators. The Company's brand portfolio includes over 80 products. The Company offers various product classes, which include Herbicides, consisting of SULTOP, DYNOFOP, CRAZE, WEEDMAR SUPER/WEEDMAR, NOWEED, TARGA SUPER, NABOOD, HOOK, BARRIER and OZONE; Fungicides, consisting of Kasu-B, Sheathmar, Cursor, Vitavax Power, Vitavax Ultra FF, and Hi-Dice; Insecticides, consisting of DUNET, MARKAR, AAATANK, DHAWA GOLD, OMITE, CALDAN four G, CALDAN 50 SP, and AREVA, and Plant Growth Regulators, consisting of DHANUVIT, WETCIT, DHANZYME, DHANZYME GOLD. The Company offers its crop solutions for various plants, together with soybean, paddy, cotton, sugarcane, potato, chilli, brinjal, onion and garlic, tomato, okra, and cabbage and cauliflower. The Company has a community of approximately 8800 vendors/dealers and approximately 80000 shops across India.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
#(Fig in Cr.) | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Net Sales | 439 | 357 | 318 | 393 | 543 | 393 | 371 | 369 | 618 | 403 |
Other Income | 7 | 7 | 12 | 17 | 6 | 8 | 15 | 7 | 6 | 7 |
Total Income | 446 | 364 | 330 | 410 | 548 | 401 | 386 | 376 | 624 | 411 |
Total Expenditure | 357 | 302 | 253 | 341 | 445 | 342 | 293 | 325 | 476 | 341 |
Operating Profit | 89 | 62 | 77 | 68 | 103 | 59 | 93 | 50 | 147 | 69 |
Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 10 | 13 |
Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit Before Tax | 84 | 57 | 72 | 64 | 98 | 54 | 87 | 45 | 137 | 56 |
Provision for Tax | 21 | 14 | 18 | 15 | 25 | 8 | 21 | 12 | 35 | 10 |
Profit After Tax | 63 | 43 | 54 | 49 | 73 | 46 | 65 | 33 | 102 | 45 |
Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 |
Profit After Adjustments | 63 | 43 | 54 | 49 | 73 | 46 | 65 | 33 | 102 | 45 |
Adjusted Earnings Per Share | 13.6 | 9.1 | 11.7 | 10.5 | 15.7 | 9.9 | 14.3 | 7.2 | 22.3 | 10 |
#(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Sales | 582 | 738 | 785 | 829 | 883 | 963 | 1006 | 1120 | 1387 | 1478 | 1700 | 1761 |
Other Income | 7 | 5 | 6 | 13 | 18 | 16 | 21 | 25 | 34 | 34 | 45 | 35 |
Total Income | 589 | 743 | 791 | 841 | 901 | 979 | 1027 | 1145 | 1421 | 1511 | 1745 | 1797 |
Total Expenditure | 500 | 618 | 653 | 689 | 713 | 796 | 860 | 947 | 1118 | 1214 | 1421 | 1435 |
Operating Profit | 89 | 125 | 138 | 152 | 187 | 182 | 167 | 199 | 303 | 297 | 324 | 359 |
Interest | 4 | 4 | 3 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 4 |
Depreciation | 5 | 5 | 6 | 6 | 15 | 14 | 12 | 16 | 15 | 16 | 18 | 33 |
Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit Before Tax | 81 | 116 | 129 | 145 | 172 | 167 | 154 | 181 | 285 | 278 | 303 | 325 |
Provision for Tax | 16 | 23 | 23 | 38 | 50 | 41 | 41 | 39 | 74 | 69 | 69 | 78 |
Profit After Tax | 64 | 93 | 106 | 107 | 122 | 126 | 113 | 141 | 211 | 209 | 234 | 245 |
Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit After Adjustments | 64 | 93 | 106 | 107 | 122 | 126 | 113 | 141 | 211 | 209 | 234 | 245 |
Adjusted Earnings Per Share | 12.9 | 18.6 | 78.4 | 21.5 | 24.8 | 25.7 | 23.7 | 29.7 | 45.2 | 44.8 | 51.2 | 53.8 |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Sales CAGR | 15% | 15% | 12% | 11% |
Operating Profit CAGR | 9% | 18% | 12% | 14% |
PAT CAGR | 12% | 18% | 13% | 14% |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Share Price CAGR | 96% | 14% | 28% | 17% |
ROE Average | 23% | 25% | 23% | 25% |
ROCE Average | 30% | 33% | 30% | 31% |
#(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
---|---|---|---|---|---|---|---|---|---|---|---|
Shareholder's Funds | 263 | 332 | 412 | 480 | 522 | 633 | 642 | 708 | 796 | 960 | 1061 |
Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 16 | 19 | 21 | 32 | 46 | 39 | 30 | 27 | 59 | 47 | 46 |
Total Current Liabilities | 142 | 166 | 161 | 144 | 148 | 151 | 163 | 198 | 276 | 304 | 298 |
Total Liabilities | 420 | 517 | 594 | 657 | 715 | 823 | 835 | 932 | 1131 | 1312 | 1405 |
Fixed Assets | 63 | 67 | 70 | 133 | 138 | 131 | 117 | 117 | 167 | 159 | 165 |
Other Non-Current Assets | 20 | 44 | 75 | 73 | 74 | 115 | 124 | 148 | 106 | 199 | 345 |
Total Current Assets | 338 | 407 | 449 | 450 | 503 | 577 | 594 | 666 | 858 | 955 | 896 |
Total Assets | 420 | 517 | 594 | 657 | 715 | 823 | 835 | 932 | 1131 | 1312 | 1405 |
#(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
---|---|---|---|---|---|---|---|---|---|---|---|
Opening Cash & Cash Equivalents | 9 | 5 | 2 | 4 | 1 | 4 | 11 | 0 | 25 | 1 | 1 |
Cash Flow from Operating Activities | 47 | 33 | 110 | 140 | 63 | 138 | 13 | 162 | 231 | 104 | 136 |
Cash Flow from Investing Activities | -19 | -19 | -70 | -66 | 20 | -111 | 63 | -44 | -127 | -43 | 3 |
Cash Flow from Financing Activities | -31 | -17 | -38 | -76 | -81 | -20 | -87 | -93 | -129 | -61 | -137 |
Net Cash Inflow / Outflow | -3 | -3 | 2 | -2 | 3 | 7 | -10 | 25 | -25 | 1 | 2 |
Closing Cash & Cash Equivalent | 5 | 2 | 4 | 2 | 4 | 11 | 0 | 25 | 1 | 1 | 3 |
# | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
---|---|---|---|---|---|---|---|---|---|---|---|
Earnings Per Share (Rs) | 12.88 | 18.62 | 78.42 | 21.45 | 24.83 | 25.71 | 23.66 | 29.71 | 45.21 | 44.85 | 51.23 |
CEPS(Rs) | 13.79 | 19.59 | 82.75 | 22.63 | 27.86 | 28.6 | 26.26 | 33.15 | 48.46 | 48.34 | 55.09 |
DPS(Rs) | 2.8 | 4 | 4.5 | 6.5 | 0.6 | 5.5 | 0.6 | 12 | 2 | 14 | 2 |
Book NAV/Share(Rs) | 52.53 | 66.47 | 299.38 | 96.05 | 106.3 | 129.05 | 134.98 | 148.72 | 170.94 | 206.19 | 232.85 |
Core EBITDA Margin(%) | 12.67 | 14.54 | 15.19 | 15.4 | 16.98 | 14.81 | 12.87 | 13.95 | 17.91 | 16.82 | 15.5 |
EBIT Margin(%) | 13.04 | 14.54 | 15.22 | 16.13 | 17.25 | 14.97 | 13.65 | 14.65 | 19.14 | 17.92 | 17.01 |
Pre Tax Margin(%) | 12.5 | 14.03 | 14.92 | 16.01 | 17.14 | 14.88 | 13.56 | 14.51 | 18.95 | 17.7 | 16.83 |
PAT Margin (%) | 9.97 | 11.23 | 12.23 | 11.82 | 12.18 | 11.24 | 9.91 | 11.36 | 14.01 | 13.32 | 12.98 |
Cash Profit Margin (%) | 10.67 | 11.82 | 12.91 | 12.47 | 13.66 | 12.5 | 11 | 12.68 | 15.02 | 14.36 | 13.96 |
ROA(%) | 15.79 | 19.86 | 19.09 | 17.16 | 17.77 | 16.41 | 13.58 | 15.99 | 20.41 | 17.1 | 17.19 |
ROE(%) | 27 | 31.29 | 28.77 | 24.24 | 24.32 | 21.85 | 17.65 | 20.94 | 28 | 23.78 | 23.1 |
ROCE(%) | 30.27 | 36.06 | 32.98 | 31.96 | 33.93 | 28.79 | 23.8 | 26.41 | 37.86 | 31.83 | 30.2 |
Receivable days | 85.24 | 70.67 | 76.63 | 76.3 | 67.4 | 63.69 | 68.56 | 67.65 | 58.89 | 61.12 | 63.07 |
Inventory Days | 84.31 | 81.71 | 84.79 | 73.2 | 79.7 | 76.32 | 66.17 | 67 | 66.21 | 74.79 | 70.25 |
Payable days | 56.15 | 43.73 | 46.25 | 51.63 | 50.7 | 50.18 | 53 | 53.96 | 51.53 | 60.39 | 62.12 |
PER(x) | 9.27 | 13.6 | 8.6 | 27.27 | 32.11 | 21.52 | 16.61 | 10.89 | 15.26 | 15.99 | 11.93 |
Price/Book(x) | 2.27 | 3.81 | 2.25 | 6.09 | 7.5 | 4.29 | 2.91 | 2.18 | 4.04 | 3.48 | 2.62 |
Dividend Yield(%) | 2.34 | 1.58 | 0.67 | 1.11 | 0.08 | 0.99 | 0.15 | 3.71 | 0.29 | 1.95 | 0.33 |
EV/Net Sales(x) | 1.08 | 1.77 | 1.18 | 3.54 | 4.43 | 2.81 | 1.88 | 1.36 | 2.32 | 2.26 | 1.64 |
EV/Core EBITDA(x) | 7.05 | 10.4 | 6.71 | 19.24 | 20.89 | 14.86 | 11.3 | 7.66 | 10.63 | 11.23 | 8.61 |
Net Sales Growth(%) | 10.04 | 26.81 | 6.32 | 5.57 | 6.58 | 8.98 | 4.49 | 11.36 | 23.87 | 6.51 | 15.05 |
EBIT Growth(%) | 11.63 | 42.94 | 9.53 | 10.95 | 17.89 | -2.65 | -7.78 | 17.58 | 57.92 | -2.35 | 8.87 |
PAT Growth(%) | 12.81 | 44.51 | 13.9 | 1.16 | 13.57 | 3.53 | -10.78 | 25.56 | 48.97 | -0.79 | 11.78 |
EPS Growth(%) | 12.81 | 44.51 | 321.16 | -72.64 | 15.75 | 3.53 | -7.97 | 25.56 | 52.16 | -0.79 | 14.23 |
Debt/Equity(x) | 0.13 | 0.12 | 0.04 | 0.02 | 0.02 | 0.01 | 0.03 | 0.01 | 0.01 | 0 | 0 |
Current Ratio(x) | 2.39 | 2.45 | 2.79 | 3.13 | 3.41 | 3.83 | 3.64 | 3.37 | 3.11 | 3.14 | 3.01 |
Quick Ratio(x) | 1.26 | 1.18 | 1.6 | 1.93 | 1.62 | 2.47 | 2.38 | 2.11 | 2.04 | 2 | 1.85 |
Interest Cover(x) | 23.9 | 28.91 | 50.77 | 132.67 | 157.66 | 159.44 | 149.68 | 106.69 | 101.14 | 81.78 | 94.15 |
Total Debt/Mcap(x) | 0.06 | 0.03 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0 | 0 | 0 |
# | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 70 | 70 | 70 | 70 | 70 | 70.18 | 70.18 | 70.18 | 70.18 | 70.18 |
FII | 4.18 | 3.67 | 3.9 | 3.99 | 4.04 | 4.06 | 3.55 | 2.21 | 1.34 | 1.49 |
DII | 17.05 | 17.51 | 17.18 | 16.64 | 16.61 | 16.63 | 17.24 | 18.22 | 18.41 | 18.9 |
Public | 8.77 | 8.83 | 8.92 | 9.37 | 9.36 | 9.13 | 9.03 | 9.38 | 10.06 | 9.43 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
# | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 3.26 | 3.26 | 3.26 | 3.26 | 3.26 | 3.2 | 3.2 | 3.2 | 3.2 | 3.2 |
FII | 0.19 | 0.17 | 0.18 | 0.19 | 0.19 | 0.18 | 0.16 | 0.1 | 0.06 | 0.07 |
DII | 0.79 | 0.82 | 0.8 | 0.78 | 0.77 | 0.76 | 0.79 | 0.83 | 0.84 | 0.86 |
Public | 0.41 | 0.41 | 0.42 | 0.44 | 0.44 | 0.42 | 0.41 | 0.43 | 0.46 | 0.43 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4.66 | 4.66 | 4.66 | 4.66 | 4.66 | 4.56 | 4.56 | 4.56 | 4.56 | 4.56 |
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