What is Dharmaj Crop Guard Ltd (DHARMAJ) share price return in the past 10 years?

Data is not available for this company

What is the share price of Dharmaj Crop Guard Ltd (DHARMAJ)?

Company share prices are keep on changing according to the market conditions. The current trading price of Dharmaj Crop Guard Ltd (DHARMAJ) on 02-Jul-2026 16:59:59 at 16:59 is 266.40.

What is the P/E ratio of Dharmaj Crop Guard?

The latest standalone P/E ratio of Dharmaj Crop Guard as of 02-Jul-2026 is 16.46.

What is the P/B ratio of Dharmaj Crop Guard Ltd (DHARMAJ)?

The latest standalone P/B ratio of Dharmaj Crop Guard Ltd (DHARMAJ) as of 02-Jul-2026 is 2.00.

What is the 52-week high and low of Dharmaj Crop Guard Ltd (DHARMAJ)?

The 52-week high of Dharmaj Crop Guard Ltd (DHARMAJ) is Rs. 391.25 and the 52-week low is Rs. 211.05.

Dharmaj Crop Guard Ltd (DHARMAJ) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Dharmaj Crop Guard Ltd (DHARMAJ)
Brand: Dharmaj Crop Guard

Key Metrics

Valuation Multiples

Market Cap

₹900 Cr.

Current Price

₹266.4

52-Week Low / High

₹211 / 391

TTM EPS

₹16.2

TTM Sales

₹1,138 Cr.

Book Value per Share

₹132.9

P/E Ratio

16.46

Lower than its 5-year historical median

Industry PE

30.4

Price to Book (P/B)

2.00

In line with its 5-year historical median

Price to Sales (P/S)

0.79

Lower than its 5-year historical median

EV/EBITDA

9.42

Lower than its 5-year historical median

Dividend Yield

Profitability Efficiency

Return on Equity (ROE)

9.24%

Underperforms industry median

Return on Capital Employed (ROCE)

11.96%

Underperforms industry median

Return on Assets (ROA)

5.37%

Operating Profit Margin

7.9%

Net Profit Margin

3.66%

Gross Profit Margin

6.5%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Improving versus 3-year growth rate

45.4%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

18.78%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

-21.5%

Asset Quality

Promoter Holding

70.40%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹415 Cr.

Equity

₹33.8 Cr.

Face Value

₹10

All Time Low / High

₹139.00 / 391.25

Dharmaj Crop Guard stock performance

Key Ratios

Check Before You Invest

Quality

Somewhat Good

Check detailed performance

Valuation

Fair

Check Valuation charts

Price Trend

Semi Strong

Check Price chart

Q.1 Is Dharmaj Crop Guard Ltd a good quality company?

Dharmaj Crop Guard Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Dharmaj Crop Guard Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Dharmaj Crop Guard Ltd vs industry peers?

Dharmaj Crop Guard Ltd revenue CAGR is 36.84%, compared to the industry median CAGR of 8.45%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Dharmaj Crop Guard Ltd?

Promoters hold 70.40% of the Dharmaj Crop Guard Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Dharmaj Crop Guard Ltd over the last decade?

Over the last 3 year(s), the stock has delivered a CAGR of 18.01% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	29.4%	38.6%	42.7%	40.1%	16.6%	14.5%	12%	-
Value Creation Index ⓘ	1.1	1.8	2.1	1.9	0.2	0.0	-0.2	-
Growth Parameters ⓘ
Sales ⓘ	139	198	302	394	524	654	951	1,138
Sales YoY Gr.	-	42.2%	52.6%	30.4%	33%	24.8%	45.4%	-
Adj EPS ⓘ	3.2	4.2	8.3	11.3	8.1	13	10.2	16.2
YoY Gr.	-	29.6%	97.4%	36.1%	-28.3%	60.9%	-21.5%	-
BVPS (₹) ⓘ	7	14.4	22.8	34.4	93.3	106.3	116.7	132.9
Adj Net Profit ⓘ	4.9	10.4	20.5	27.8	27.4	44	34.5	55
Cash Flow from Ops. ⓘ	3.3	2.1	12.9	16.4	-23.7	7.4	38.7	-
Debt/CF from Ops. ⓘ	6.2	9.9	2.1	2.3	-2.2	15.2	3	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	36.8%	34.1%	45.4%
Adj EPS ⓘ	NA	19.5%	-3.2%	-21.5%
BVPSⓘ	NA	52.1%	50.3%	9.8%
Share Price	-	-	15.4%	-17.2%

Key Financial Parameters ⓘ

	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	46.2	45.1	44.6	39.4	13.7	13.1	9.2	13
Op. Profit Mgn % ⓘ	7.5	9.1	10.3	11.3	8	9.6	7.9	8.8
Net Profit Mgn % ⓘ	3.5	5.2	6.8	7.1	5.2	6.7	3.6	4.8
Debt to Equity ⓘ	1.9	0.6	0.5	0.4	0.2	0.3	0.3	0.1
Working Cap Days ⓘ	0	95	94	114	113	113	122	90
Cash Conv. Cycle ⓘ	0	40	35	39	52	64	57	29

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	139	198	302	394	524	654	951
Operating Expenses ⓘ +	129	180	271	350	483	591	876
Manufacturing Costs	3	5	7	11	5	13	40
Material Costs	108	151	233	309	431	519	744
Employee Cost	6	8	11	13	18	28	47
Other Costs ⓘ	12	16	20	18	29	31	45
Operating Profit ⓘ	10	18	31	44	41	63	75
Operating Profit Margin (%)	7.5%	9.0%	10.3%	11.2%	7.8%	9.6%	7.9%
Other Income ⓘ +	1	1	1	2	5	3	2
Exceptional Items ⓘ	0	0	0	0	0	0	0
Interest ⓘ	2	2	1	3	2	3	13
Depreciation ⓘ	2	2	3	5	5	5	18
Profit Before Tax ⓘ	7	14	28	39	38	57	46
Tax ⓘ	2	4	7	10	11	13	11
Profit After Tax	5	11	21	29	27	44	35
PAT Margin (%)	3.6%	5.4%	6.9%	7.3%	5.1%	6.8%	3.7%
Adjusted EPS (₹)	3.4	4.4	8.5	11.6	8.0	13.1	10.3
Dividend Payout Ratio (%)	0%	0%	0%	0.90%	0%	0%	0%

Valuation of Dharmaj Crop Guard - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	11	35	56	85	315	359	394
Share Capital ⓘ	2	16	16	25	34	34	34
Reserves ⓘ	9	19	40	60	281	326	361
Debt +	20	20	27	33	52	100	103
Long Term Debt	17	5	15	25	34	76	64
Short Term Debt	3	15	12	7	18	24	39
Minority Interest	0	0	0	0	0	0	0
Trade Payables	13	33	39	91	37	67	196
Others Liabilities ⓘ	4	4	6	10	26	36	40
Total Liabilities ⓘ	48	92	129	219	429	563	733
Fixed Assets
Net Fixed Assets ⓘ +	12	22	39	40	40	312	311
Gross Block	17	29	49	55	59	337	353
Accumulated Depreciation	5	8	10	15	19	24	42
CWIP ⓘ	0	2	1	18	90	2	7
Investments ⓘ	0	0	0	0	0	0	0
Inventories	15	28	44	63	73	93	138
Trade Receivables	17	33	36	86	73	119	248
Cash Equivalents	1	0	1	1	125	3	3
Others Assets ⓘ	3	7	8	11	28	33	26
Total Assets ⓘ	48	92	129	219	429	563	733

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	3	2	13	16	-24	7	39
PBT ⓘ	7	14	28	39	38	57	46
Adjustment ⓘ	4	4	3	8	5	9	33
Changes in Working Capital ⓘ	-6	-13	-12	-20	-55	-46	-36
Tax Paid ⓘ	-2	-4	-7	-10	-11	-14	-5
Cash Flow From Investing Activity ⓘ +	-4	-15	-18	-24	-191	-62	-33
Capex	-3	-15	-18	-23	-69	-190	-30
Net Investments	-1	0	0	-0	-125	125	-3
Others ⓘ	0	0	0	0	2	3	0
Cash Flow From Financing Activity ⓘ +	0	12	6	7	214	57	-9
Net Proceeds from Shares ⓘ	0	14	0	0	216	0	0
Net Proceeds from Borrowing ⓘ	1	-13	13	9	5	61	-11
Interest Paid ⓘ	-1	-1	-1	-2	-2	-2	-12
Dividend Paid ⓘ	0	0	0	-0	-0	0	0
Others ⓘ	0	11	-7	1	-4	-2	15
Net Cash Flow ⓘ	-0	-1	1	-0	-1	3	-3

Financial Ratio

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	47.71	46.83	45.68	40.62	13.43	13.16	9.24
ROCE (%)	29.38	38.62	42.65	40.12	16.57	14.53	11.96
Asset Turnover Ratio	2.93	2.83	2.73	2.26	1.66	1.37	1.52
PAT to CFO Conversion(x)	0.6	0.18	0.62	0.55	-0.89	0.16	1.11
Working Capital Days
Receivable Days	44.40	46.30	42	56.60	53.90	51.60	68.20
Inventory Days	39.90	39.50	43	49.30	46.10	44.80	43.10
Payable Days	43.60	55.60	56.70	77.20	54.10	36.50	64.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Dharmaj Crop Guard Ltd FAQs

The current trading price of Dharmaj Crop Guard on 02-Jul-2026 16:59 is ₹266.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jul-2026 the market cap of Dharmaj Crop Guard stood at ₹900.4 Cr

The latest P/E ratio of Dharmaj Crop Guard as of 01-Jul-2026 is 16.46.

The latest P/B ratio of Dharmaj Crop Guard as of 01-Jul-2026 is 2.00.

The 52-week high of Dharmaj Crop Guard is ₹391.2 and the 52-week low is ₹211.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Dharmaj Crop Guard is ₹1,138 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Dharmaj Crop Guard Ltd is a average quality company.

The key valuation ratios of Dharmaj Crop Guard Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Dharmaj Crop Guard Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Dharmaj Crop Guard Ltd

Dharmaj Crop Guard Limited was incorporated on January 19, 2015, at Ahmedabad as a public limited company under the Companies Act, 2013 pursuant to a certificate of incorporation issued by the Registrar of Company, Gujarat at Ahmedabad (RoC).

The company is an agrochemical company engaged in the business of manufacturing, distributing, and marketing of a wide range of agro chemical formulations such as insecticides, fungicides, herbicides, plant growth regulator, micro fertilizers and antibiotic to the B2C and B2B customers. It also engages in the marketing and distribution of agrochemical products under brands in-licensed by it, owned by it and through generic brands, to Indian farmers through its distribution network. It provides crop protection solutions to the farmer to assist them to maximize productivity and profitability. It exports its products to more than 25 countries in Latin America, East African Countries, Middle East and Far East Asia. It sells its agrochemical products in granules, powder and liquid forms its customers. Additionally, it manufactures and sells general insect and pest control chemicals for Public Health and Animal Health protection.

With an aim to offer a wide product portfolio across the agri-value chain, the company continues to expand its product portfolio by introducing new products. It manufactures and sells various formulations of insecticides, fungicide and herbicides, plant growth regulators, micro fertilizers and antibiotics. The company’s manufacturing facility is located at Plot No. 408 to 411, Kerala GIDC Estate, Off NH-8, Kerala, Taluka Bavla, Ahmedabad, Gujarat, India. Its manufacturing facility are equipped with modern plant and machinery capable of producing quality agrochemical products and have received quality control certifications such as ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 for development and manufacturing of agrochemical formulations such as insecticides, herbicides, fungicides, micro fertilizers and plant growth regulators.

Business area of the company

The company is engaged in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations such as insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers and antibiotics to the B2C and B2B customers.

Key awards, accreditations and recognitions

2018: The company received ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certificate of registration from Alcumus ISOQAR for management system, which is applicable for development and manufacturing of agrochemical formulations such as insecticides, herbicides, fungicides, micro fertilizers and plant growth regulators (PGR).
2019: Received Best Brand Award (Agriculture/ Pesticides) at Gujarat Brand Leadership Award 2019.
2021: Received appreciation from Office of Mamlatdar and Executive Magistrate, Bavla for helping generously to the local and needy persons, specifically during Covid Pandemic and Tauktae Cyclone.
2021: The QC Laboratory of the Company received certificate of accreditation from National Accreditation Board for Testing and Calibration Laboratories (NABL) and has been assessed and accredited in accordance with the standard ISO/IEC 17025:2017.
2022: Received the runner up award for the best Emerging company in the Medium Scale Unit category from the Pesticides Manufacturer and Formulator Association of India (PMFAI).
2022: Received appreciation of “Gujarat Na Anmol Ratna” from ABP Network.

Major events and milestones

2016: Acquired Plot No. 408 and 409 at Kerala GIDC Estate, Taluka Bavla, Ahmedabad on lease for 99 years and commencement of manufacturing facility for agrochemical formulations.
2019: Acquired Plot No 410 and 411 at Kerala GIDC Estate, Taluka Bavla, Ahmedabad on lease for 99 years for expansion of manufacturing capacity of agrochemical formulations.
2019: Crossed turnover of Rs 1,000.00 million and reached to turnover of Rs 1,393.56 million for the financial year 2018-19.
2021: Crossed turnover of Rs 3,000.00 million and reached to turnover of Rs 3,024.10 million for the financial year 2020-21.
2021: Acquired land at Saykha, Bharuch, Gujarat on lease basis for 99 years for setting up a new facility for manufacturing Agrochemical Technicals and its intermediates.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Dharmaj Crop Guard Ltd (DHARMAJ)

Dharmaj Crop Guard Ltd (DHARMAJ)

Dharmaj Crop Guard stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Dharmaj Crop Guard - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Dharmaj Crop Guard Ltd FAQs

What is the share price of Dharmaj Crop Guard?

What is the market cap of Dharmaj Crop Guard?

What is the P/E ratio of Dharmaj Crop Guard?

What is the P/B ratio of Dharmaj Crop Guard?

What is the 52-week high and low of Dharmaj Crop Guard?

What is the TTM revenue of Dharmaj Crop Guard?

Is Dharmaj Crop Guard Ltd a good quality company?

Is Dharmaj Crop Guard Ltd undervalued or overvalued?

Is Dharmaj Crop Guard Ltd a good buy now?

About Dharmaj Crop Guard Ltd

Create stable, long-term investment portfolio with strong, consistent stocks.

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

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