| Revenue growth | H1 flat 0%; Q2 -4% YoY |
|---|---|
| Margins | H1 EBITDA 11.4% vs 11.5%; Q2 7% vs 9% |
| Demand visibility | Weak monsoon; industry growth 2% Q2, 3% H1 |
| Management confidence | Cautiously optimistic; no numeric guidance |
Growth
H1 revenue flat (0%); Q2 down 4% YoY. H1 PAT up 3%, Q2 PAT down 24%. Exports Institutional H1 up 50%.
Outlook
No numeric guidance; cautiously optimistic. Expects Technicals margins to recover and passes on higher costs. Kerala GIDC herbicide plant on track.
Risks
Weak monsoon and West Asia crisis hit Technicals demand and raise input costs. Domestic Active Ingredients down 20% in H1.
Last quarter's promises, checked
Delivered
- Good export growth (qualitative) → Exports Institutional +50% H1 (= BEAT)
Partly delivered
- Branded growth 20-25% on normal monsoon → 'held up', no % disclosed (= PARTIAL)
- Kerala herbicide plant commercial by Q3 FY27 → 'on track', not yet due (= PARTIAL)
Missed
- FY27 top-line +18-20% → H1 revenue flat 0% (= MISS)
- EBITDA margin +0.5-0.75pt in FY27 → H1 11.4% vs 11.5% (= MISS)
- Technicals margin +0.5-0.75pt/yr → Domestic AI -20% H1; margin not disclosed (= MISS)
Investor Presentation filed with NSE, NSE: DHARMAJ. Summary written with AI assistance from the document.
Dharmaj Crop Guard Ltd: key numbers
- Share price
- ₹250.05
- Market cap
- ₹845.1 Cr
- Revenue (annual)
- ₹1,138 Cr
- Net profit (annual)
- ₹54.65 Cr
- P/E (TTM)
- 14.1×Sector 33.9×
- Promoter holding
- 70.40%+0.00% QoQ
- FII holding
- 3.12%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Dharmaj Crop Guard Ltd
All →Dharmaj Crop Guard Results Update
Dharmaj Crop Guard's press release shows flat H1 FY27 revenue and 3% higher PAT. Q2 revenue fell 4% on weak monsoon and Technicals decline.
Dharmaj Crop Guard Q2 FY27 Results: Net Profit ₹13.2 Cr, Down 23.7% YoY
Dharmaj Crop Guard Ltd reported revenue from operations of ₹332.6 Cr (-4.2% YoY) and net profit of ₹13.2 Cr (-23.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹13.2 Cr · -23.7% YoY
Dharmaj Crop Guard Board Meeting Date
Dharmaj Crop Guard Limited intimated that its board will meet on 4 Nov 2026 to approve Q1 FY27 unaudited results. No financial figures or other material decisions are reported at this stage.
Dharmaj Crop Guard Other Announcement
The company submitted its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI regulatory requirements.
Dharmaj Crop Guard Legal & Regulatory
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Dharmaj Crop Guard Annual General Meeting
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