SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

ICRA upgrades long term rating of Dhanuka Agritech to ‘A+’

07 Jan 2013 Evaluate

Credit rating agency, ICRA has upgraded the long term rating of Dhanuka Agritech from ‘A-’ to ‘A+’ amounting for Rs 50 crore fund based facilities. The outlook for the long-term rating is stable. The rating agency has also reaffirmed the short term rating at ‘A1’ for an enhanced amount of Rs 50 crore for non-fund based limits of the company.

The rating action takes into account strong financial performance exhibited by the company as characterized by steady revenue growth, stable return indicators and strong internal accrual generation, which coupled with the decline in debt levels, has resulted in low gearing levels, robust debt protection metrics and healthy liquidity position.  

Dhanuka Agritech is the umbrella company for the business of agro-chemicals, fertilizers, and seeds of Dhanuka Group. The company reaches out to more than 10 million farmers with its eco-friendly high quality crop care products. The Agri-Division has a pan-India presence through its marketing offices in all major states in India.

Dhanuka Agritech Share Price

1017.75 7.30 (0.72%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
UPL 656.15
PI Industries 3036.95
Bayer CropScience 4852.90
Sharda Cropchem 1101.50
Sumitomo Chemical 446.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×