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Earnings Call

Dharmaj Crop Guard Earnings Call: Key Takeaways

Dharmaj delivered strong FY26 revenue growth of 25% despite monsoon volatility, largely driven by its new technical plant achieving break-even.

Highlights
Revenue growth25% YoY growth to ₹1138cr driven by technical plant scale-up.
MarginsEBITDA margin at 9% vs 8% YoY; structural improvement targeted.
Demand visibilityPositive for FY27; expect normalization after muted Kharif and Rabi.
Management confidenceStrongly optimistic about FY27 following technical plant PBT break-even.

Growth

Revenue grew 25% YoY to ₹1138cr; EBITDA increased 34% as higher technical plant utilization offset muted branded sales.

Outlook

FY27 revenue guidance set at 18-20% growth; technical plant margins expected to improve 50-75bps annually.

Risks

Erratic monsoon impact on branded margins and West Asia crisis affecting raw material pricing and availability.

Source

Earnings Call filed with NSE, NSE: DHARMAJ. Summary written with AI assistance from the document.

Read the document ↗

Dharmaj Crop Guard Ltd: key numbers

Share price
₹295.15
Market cap
₹997.5 Cr
Revenue (annual)
₹1,138 Cr
Net profit (annual)
₹54.65 Cr
P/E (TTM)
16.6×Sector 37.5×
Promoter holding
70.40%+0.00% QoQ
FII holding
3.13%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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