Dhanuka Agritech Ltd (DHANUKA) — shareholding pattern, promoter holding, financials and share price
About Dhanuka Agritech Ltd (DHANUKA)
Dhanuka Agritech Ltd operates in the Pesticides & Agrochemicals industry, within the Chemicals sector. It trades on the NSE as DHANUKA and on the BSE under scrip code 507717. Its ISIN is INE435G01025.
Dhanuka Agritech manufactures a wide range of agro-chemicals like herbicides, insecticides, fungicides, plant growth regulators in various forms liquid, dust, powder and granules.(Source : 202003 Annual Report Page No:93)
Dhanuka Agritech is a pan‑India agrochemical company manufacturing and marketing herbicides, insecticides, fungicides and plant growth regulators through four manufacturing units, a recently commissioned Dahej synthesis plant, 41 warehouses, ~6,500 distributors and ~80,000 retailers, targeting over 10 million farmers with both B2C and B2B offerings across major crops and geographies.
Q3 FY26 showed a revenue decline to Rs. 409.9 crore (Q3 FY25: Rs. 445.3 crore) and PAT fell to Rs. 40.0 crore, driven by weak agrochemical demand, extended rainfall, lower commodity realisations and regulatory disruption in biostimulants; management keeps FY26 revenue guidance flat while expecting EBITDA to compress ~100bps versus prior year.
Listed peers in Pesticides & Agrochemicals: NACL Industries Ltd, Rallis India Ltd, Bhagiradha Chemicals & Industries Ltd, Bharat Rasayan Ltd, Insecticides India Ltd, India Pesticides Ltd.
Valuation & Returns
10 Jul 2026At ₹1,048.75 a share on 10 Jul 2026, Dhanuka Agritech Ltd (DHANUKA) was valued at a price-to-earnings ratio of 15.74x against an industry P/E of 22.12x and a price-to-book of 3.33x on a book value of ₹314.66 per share as of Mar 2025. Solomo computes return on equity of 21.17% and return on capital employed of 26.9% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2024 to Mar 2025.
- P/E
- 15.74x
- Industry P/E
- 22.12x
- P/B
- 3.33x
- EPS (TTM)
- ₹66.62
- Book value / share
- ₹314.66
- ROE
- 21.17%
- ROCE
- 26.9%
- ROA
- 16.5%
- Debt / equity
- 0.05x
- Dividend yield
- 0.19%
- EBITDA margin
- 22.24%
- 52-week range
- ₹889.95 – ₹1,960
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2025In the year ended Mar 2025, Dhanuka Agritech Ltd (DHANUKA) reported revenue of ₹2,035 crore, net profit of ₹297 crore and earnings per share of ₹65.88. That compares with revenue of ₹1,759 crore and net profit of ₹239 crore in Mar 2024. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2025, revenue was ₹442 crore and net profit ₹76 crore (consolidated).
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,387 | 1,478 | 1,700 | 1,759 | 2,035 |
| Net profit (₹ cr) | 211 | 209 | 234 | 239 | 297 |
| EPS (₹) | 45.21 | 44.85 | 51.23 | 52.46 | 65.88 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 8.11% | 7.80% | 5.91% | 15.73% |
| Profit growth | 9.99% | 6.41% | 7.15% | 24.20% |
| Stock price CAGR | 5% | 1% | 10% | -39% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 69.81% of Dhanuka Agritech Ltd (DHANUKA) (up 0.1 pp QoQ), foreign institutional investors (FII) hold 1.64% and domestic institutional investors (DII) hold 18.71%. Market capitalisation was ₹4,675 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: DSP SMALLCAP FUND , DSP MIDCAP FUND 9.12%, KOTAK SMALL CAP FUND 2.98%, LIFE INSURANCE CORPORATION OF INDIA 2.47%, HDFC MUTUAL FUND - HDFC MID-CAP FUND 2.31%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 69.81% | - | 1.64% | 18.71% | 30.19% |
| Mar 2026 | 69.71% | - | 1.93% | 19.43% | 30.29% |
| Dec 2025 | 69.71% | - | 2.13% | 18.79% | 30.29% |
| Sep 2025 | 69.71% | - | 2.3% | 18.07% | 30.29% |
| Jun 2025 | 69.87% | - | 2.66% | 17.63% | 30.13% |
| Mar 2025 | 70.32% | - | 2.19% | 18.06% | 29.68% |
| Dec 2024 | 70.29% | - | 2.16% | 18.74% | 29.71% |
| Sep 2024 | 70.29% | - | 2.01% | 19.02% | 29.71% |