Dhanuka Agritech Limited (DHANUKA) AI Stock Analysis

• Market Cap: ₹64.59B
• Dividend Yield: 0.14%
• Average Volume (3M): 1.56K
• Price to Earnings (P/E): 21.1
• Beta (1Y): 1.26
• Revenue Growth: 9.92%
• EPS Growth: 19.92%
• Country: IN
• Employees: 1,136
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural Inputs
• EPS (TTM): N/A
• Shares Outstanding: 45,578,323
• 10 Day Avg. Volume: 846
• 30 Day Avg. Volume: 1,565
• PEG Ratio: 0.77
• Price to Book (P/B): 4.04
• Price to Sales (P/S): 2.79
• P/FCF Ratio: 82.62
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,850.00
• Price Target Upside: 27.15% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 64 Neutral
• Price Target: ₹1,519.00 ▲(4.40% Upside)

Dhanuka Agritech Limited's overall stock score is driven primarily by its strong financial performance, characterized by robust revenue and profit growth and financial stability. However, the technical analysis indicates bearish momentum, which negatively impacts the score. The valuation is moderate, with a fair P/E ratio but low dividend yield, providing a balanced view of the stock's potential.

Dhanuka Agritech Limited Business Overview & Revenue Model

Company Description

Dhanuka Agritech Limited manufactures and sells a range of agro-chemicals in India. It offers herbicides, insecticides, fungicides, and plant growth regulators in various forms, such as liquid, dust, powder, and granules. The company also generates electricity. It operates through a network of distributors/dealers. The company also exports its products. Dhanuka Agritech Limited was incorporated in 1985 and is based in Gurugram, India.

How the Company Makes Money

Dhanuka Agritech generates revenue through the sale of its diverse range of agrochemical products. The company's primary revenue streams include the production and distribution of pesticides, herbicides, and fungicides, which are essential for protecting crops from pests and diseases. Additionally, DHANUKA benefits from partnerships with various agricultural cooperatives and distributors, enabling it to reach a broader market. The company's emphasis on R&D leads to the development of innovative products, which can command premium pricing and capture market share. Seasonal demand fluctuations also play a role in revenue generation, as agricultural cycles dictate the need for crop protection solutions.

Dhanuka Agritech Limited Financial Statement Overview

Summary

Dhanuka Agritech Limited demonstrates solid financial performance with strong revenue and profit growth, low leverage, and effective cash management. The company has a robust Gross Profit Margin of 40.1% and a Net Profit Margin of 14.6%. The Debt-to-Equity Ratio is low at 0.05, indicating financial stability. However, there is room for improvement in asset utilization and cash conversion.

Income Statement

Dhanuka Agritech Limited has shown a strong revenue growth trajectory, with a Revenue Growth Rate of 17.44% for the most recent year. The Gross Profit Margin remains robust at approximately 40.1%, and the Net Profit Margin improved to 14.6%, indicating effective cost management and strong profitability. Both EBIT and EBITDA margins have shown positive trends, contributing to a solid financial performance.

Balance Sheet

The company maintains a healthy Debt-to-Equity Ratio of 0.05, indicating low leverage and financial stability. Return on Equity (ROE) is strong at 21.2%, reflecting efficient use of equity capital to generate profits. The Equity Ratio of 77.9% highlights a solid equity base, though there is room for improvement in asset utilization.

Cash Flow

Free Cash Flow Growth Rate is a remarkable 52.12%, showing enhanced cash generation capabilities. The Operating Cash Flow to Net Income Ratio of 0.88 and Free Cash Flow to Net Income Ratio of 0.23 indicate that the company is generating sufficient cash to support its net income, although there is potential for further optimization in cash conversion.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	20.70B	20.35B	17.33B	17.00B	14.63B	13.74B
Gross Profit	7.76B	8.16B	6.59B	5.85B	5.23B	5.09B
EBITDA	4.50B	4.17B	3.62B	3.23B	2.97B	3.02B
Net Income	3.04B	2.97B	2.39B	2.34B	2.09B	2.11B
Balance Sheet
Total Assets	0.00	18.00B	15.79B	14.05B	13.12B	11.31B
Cash, Cash Equivalents and Short-Term Investments	1.24B	1.24B	723.49M	992.53M	1.98B	1.88B
Total Debt	0.00	742.33M	269.79M	335.17M	318.07M	484.30M
Total Liabilities	-14.03B	3.97B	3.23B	3.44B	3.52B	3.35B
Stockholders Equity	14.03B	14.03B	12.56B	10.61B	9.60B	7.96B
Cash Flow
Free Cash Flow	0.00	686.61M	451.24M	120.50M	444.51M	2.18B
Operating Cash Flow	0.00	2.63B	1.34B	1.36B	1.04B	2.31B
Investing Cash Flow	0.00	-1.43B	-808.93M	25.65M	-426.01M	-1.27B
Financing Cash Flow	0.00	-1.20B	-565.42M	-1.37B	-608.00M	-1.29B

Dhanuka Agritech Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1455.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DHANUKA, the sentiment is Neutral. The current price of 1455 is above the 20-day moving average (MA) of 1445.70, below the 50-day MA of 1523.70, and below the 200-day MA of 1492.81, indicating a neutral trend. The MACD of -31.07 indicates Negative momentum. The RSI at 47.65 is Neutral, neither overbought nor oversold. The STOCH value of 84.09 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:DHANUKA.

Dhanuka Agritech Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHARDACROP	―	₹80.30B	19.12	―	0.94%	36.53%	184.15%
BHARATRAS	―	₹48.92B	35.59	―	0.01%	16.60%	4.50%
DHANUKA	―	₹64.59B	21.12	―	0.14%	9.92%	19.92%
Sector *	―	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
RALLIS	―	₹56.05B	31.24	―	0.93%	0.91%	18.12%
IPL	―	₹22.15B	22.45	―	0.39%	26.32%	54.09%
HERANBA	―	₹12.18B	391.62	―	0.33%	―	―