Dharmaj Crop Guard Ltd. (DHARMAJ) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 4.33K
• Price to Earnings (P/E): 273.8
• Beta (1Y): 0.99
• Revenue Growth: 36.35%
• EPS Growth: 26.19%
• Country: IN
• Employees: 582
• Sector: Services
• Sector Strength: N/A
• Industry: Agricultural Inputs
• EPS (TTM): 0.22
• Shares Outstanding: 33,797,295
• 10 Day Avg. Volume: 4,995
• 30 Day Avg. Volume: 4,329
• PEG Ratio: -0.85
• Price to Book (P/B): 1.60
• Price to Sales (P/S): 0.66
• P/FCF Ratio: 96.15
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: ₹239.00 ▼(-0.08% Downside)
• Action: Reiterated Date: 11/22/25
• Date: Action: Reiterated 11/22/25

Dharmaj Crop Guard Ltd. has a robust financial profile with strong revenue growth and solid profitability margins, which is the most significant factor in the score. However, technical indicators suggest a bearish trend, and the valuation is moderate. The absence of a dividend yield and lack of recent earnings call data or corporate events limit the score.

Positive Factors

Sustained Revenue Growth

A 45.7% year-over-year revenue jump reflects durable top-line momentum and stronger market penetration. Sustained revenue growth supports scale benefits, better fixed-cost absorption and long-term reinvestment capacity, enhancing resilience across crop cycles and geographies.

Negative Factors

Declining Net Profit Margin

A shrinking net margin signals rising operating costs or intensifying competition, which can erode net returns and free cash flow over time. If structural, margin pressure limits ability to fund growth or weather commodity cycles without pricing power or efficiency gains.

Dharmaj Crop Guard Ltd. Business Overview & Revenue Model

Company Description

Dharmaj Crop Guard Limited engages in the manufacturing, distributing, and marketing of a range of agro chemicals in India. Its agro chemical formulations include insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers, an...

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Dharmaj Crop Guard Limited engages in the manufacturing, distributing, and marketing of a range of agro chemicals in India. Its agro chemical formulations include insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers, an...

How the Company Makes Money

Dharmaj Crop Guard Ltd. generates revenue primarily through the sale of its agrochemical products, which include a diverse portfolio of formulations designed to protect crops from pests and diseases. The company has established robust distribution...

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Dharmaj Crop Guard Ltd. generates revenue primarily through the sale of its agrochemical products, which include a diverse portfolio of formulations designed to protect crops from pests and diseases. The company has established robust distribution...

Dharmaj Crop Guard Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	10.99B	9.51B	6.53B	5.22B	3.92B	2.97B
Gross Profit	2.21B	2.07B	1.35B	904.92M	768.63M	608.39M
EBITDA	981.45M	769.27M	660.78M	456.35M	464.83M	322.78M
Net Income	486.49M	348.25M	443.76M	268.60M	286.90M	209.60M
Balance Sheet
Total Assets	9.56B	7.33B	5.63B	4.32B	2.20B	1.29B
Cash, Cash Equivalents and Short-Term Investments	66.94M	32.72M	29.99M	1.25B	9.52M	9.53M
Total Debt	1.39B	1.16B	1.12B	524.17M	369.28M	269.24M
Total Liabilities	5.12B	3.39B	2.04B	1.17B	1.35B	725.26M
Stockholders Equity	4.44B	3.94B	3.59B	3.15B	849.18M	563.44M
Cash Flow
Free Cash Flow	-139.62M	65.60M	-1.83B	-928.33M	-72.41M	-62.70M
Operating Cash Flow	2.45M	386.80M	73.85M	-237.16M	164.11M	128.83M
Investing Cash Flow	-168.57M	-329.01M	-620.25M	-1.91B	-238.65M	-177.31M
Financing Cash Flow	169.52M	-85.49M	572.15M	2.14B	74.53M	55.01M

Dharmaj Crop Guard Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 239.20
• 50DMA: Positive
• 100DMA: Positive
• 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:DHARMAJ, the sentiment is Positive. The current price of 239.2 is below the 20-day moving average (MA) of 240.89, above the 50-day MA of 238.79, and below the 200-day MA of 280.52, indicating a neutral trend. The MACD of 2.70 indicates Negative momentum. The RSI at 65.39 is Neutral, neither overbought nor oversold. The STOCH value of 88.71 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:DHARMAJ.

Dharmaj Crop Guard Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHARDACROP	78 Outperform	₹93.27B	13.57	―	1.02%	33.23%	107.47%
DHANUKA	64 Neutral	₹46.19B	33.24	―	0.17%	4.92%	4.47%
RALLIS	63 Neutral	₹49.92B	700.00	―	0.92%	0.91%	18.12%
DHARMAJ	62 Neutral	―	273.77	―	―	36.35%	26.19%
GSFC	62 Neutral	₹64.53B	11.49	―	2.80%	15.25%	26.49%
BAYERCROP	60 Neutral	₹215.52B	53.52	―	1.57%	8.92%	5.06%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%