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Dharmaj Crop Guard DHARMAJ.NS · INR

Materials · NSE · 🇮🇳 India

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239.95

-1.50%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹11.38bn

FY2018FY2026

Net income

₹546.5m

FY2018FY2026

Free cash flow

−₹126.1m

FY2018FY2026

Shareholders' equity

₹4.49bn

FY2018FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue₹11.38bn₹9.51bn₹6.53bn₹5.22bn₹3.92bn₹2.97bn₹1.93bn₹1.36bn₹634.2m
Research and development—————₹120,000₹220,000₹3.4m—
Operating income₹813.5m₹565.0m₹578.2m₹437.6m₹389.2m₹296.1m₹161.3m₹82.5m₹42.4m
Net income₹546.5m₹348.3m₹443.8m₹268.6m₹286.9m₹209.6m₹107.6m₹50.2m₹19.7m
Diluted earnings per share16.1710.1313.177.968.516.203.181.490.58

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Total assets₹8.41bn₹7.33bn₹5.63bn₹4.32bn₹2.20bn₹1.29bn₹925.8m₹476.6m₹334.2m
Cash and short-term investments₹64.7m₹32.7m₹30.0m₹1.25bn₹9.5m₹9.5m₹3.0m₹8.4m₹10.9m
Total liabilities₹3.92bn₹3.39bn₹2.04bn₹1.17bn₹1.35bn₹725.3m₹571.5m₹371.3m₹279.1m
Debt₹1.32bn₹1.16bn₹1.12bn₹524.2m₹369.3m₹269.2m₹201.8m₹203.5m₹179.2m
Shareholders' equity₹4.49bn₹3.94bn₹3.59bn₹3.15bn₹849.2m₹563.4m₹354.3m₹105.3m₹55.1m
Shares outstanding34m34m34m34m34m34m34m34m34m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash from operations₹143.0m₹386.8m₹73.8m−₹74.2m₹164.1m₹128.8m₹20.4m₹25.6m₹7.7m
Capital spending−₹269.1m−₹321.2m−₹1.90bn−₹829.5m−₹236.5m−₹191.5m−₹146.5m−₹31.9m−₹27.0m
Free cash flow−₹126.1m₹65.6m−₹1.83bn−₹903.7m−₹72.4m−₹62.7m−₹126.0m−₹6.4m−₹19.3m
Dividends paid———−₹2.5m−₹1.6m−₹1.6m———

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹3.82bn₹2.34bn₹1.90bn₹3.47bn₹3.67bn₹2.10bn₹1.75bn₹3.11bn
Operating income₹525.5m₹58.2m₹24.5m₹270.1m₹460.7m−₹7.3m₹48.4m₹298.9m
Net income₹381.1m₹39.7m₹7.6m₹173.3m₹325.9m−₹24.5m₹11.8m₹210.3m
Diluted earnings per share11.281.170.225.049.48-0.710.356.24
Cash from operations———₹2.0m————
Capital spending———−₹142.0m————
Free cash flow———−₹140.0m————
Total assets—₹8.41bn—₹9.56bn—₹7.33bn—₹8.06bn
Cash and short-term investments₹64.7m₹64.7m₹66.9m₹66.9m₹32.0m₹32.7m₹8.0m₹8.2m
Debt—₹1.32bn—₹1.39bn—₹1.16bn—₹1.37bn
Shareholders' equity₹4.49bn₹4.49bn₹4.44bn₹4.44bn₹3.94bn₹3.94bn₹3.95bn₹3.95bn

Financial ratios

Data as of 9 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin7.9%6.2%9.3%7.8%10.6%10.0%——
Net margin4.8%3.7%6.8%5.1%7.4%7.1%——
Return on equity12.2%8.8%12.3%8.5%33.8%37.2%——
Return on assets6.5%4.7%7.9%6.2%13.1%16.3%——
Free cash flow yield4.7%7.9%22.6%8.6%4.6%3.7%——
Revenue growth19.7%45.7%24.9%34.7%30.5%54.1%——
Earnings growth56.9%-21.5%65.2%-6.4%36.9%94.8%——
Current ratio1.55x1.53x1.94x3.48x1.44x1.50x——
Debt to equity0.29x0.29x0.31x0.17x0.43x0.48x——
Equity ratio53.4%53.8%63.8%72.9%38.7%43.7%——
Interest coverage5.21x4.55x19.23x17.39x15.75x20.88x——
R&D as a share of sales—————0.0%0.0%0.3%
Buybacks as a share of market value1.6%-2.0%0.2%-0.1%0.2%———

Growth per year

Compound annual rate

3 years5 years10 years
Revenue29.6%30.8%—
Operating income23.0%22.4%—
Net income26.7%21.1%—

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022
Price to earnings15.223.819.433.023.4
Price to sales0.70.91.31.71.7

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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