Dhanuka Agritech Ltd

NSE: DHANUKA BSE: 507717

₹1150.80

(2.61%)

Wed, 27 May 2026, 01:12 pm

Market Cap53.92B

PE Ratio18.06

Dividend0.17

Process Industries

Chemicals: Specialty

24.5K

Dhanuka Agritech Analysis

Pros

Dividends per share have increased over the past 10 years.
Dividends paid are thoroughly covered by earnings (49.5x coverage).
Dividends after 3 years are expected to be well covered by earnings (3.4x coverage).
Dhanuka Agritech's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).

Cons

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dhanuka Agritech's dividend is below the markets top 25% of dividend payers in India (3.08%).

Pros

Dhanuka Agritech's earnings growth is expected to exceed the low risk savings rate of 7.2%.
Dhanuka Agritech's earnings are expected to exceed the low risk growth rate next year.
Dhanuka Agritech is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Performance (ROE) is expected to be above the current IN Chemicals industry average.
An improvement in Dhanuka Agritech's performance (ROE) is expected over the next 3 years.
Dhanuka Agritech's revenue growth is expected to exceed the India market average.

Cons

Cash flow for Dhanuka Agritech is expected to decrease over the next 2 years.
Dhanuka Agritech's earnings are expected to grow by 15.2% yearly, however this is not considered high growth (20% yearly).
Dhanuka Agritech's earnings growth is positive but not above the India market average.
Dhanuka Agritech's net income is expected to increase but not above the 50% threshold in 2 years time.
Dhanuka Agritech's revenue is expected to increase but not above the 50% threshold in 2 years time.
Dhanuka Agritech's revenue is expected to grow by 12.3% yearly, however this is not considered high growth (20% yearly).

Pros

Dhanuka Agritech is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Dhanuka Agritech is profitable, therefore cash runway is not a concern.
Dhanuka Agritech is profitable, therefore cash runway is not a concern.
Debt is well covered by operating cash flow (2029.8%, greater than 20% of total debt).
Debt is covered by short term assets, assets are 83.5x debt.
Dhanuka Agritech's cash and other short term assets cover its long term commitments.
The level of debt compared to net worth has been reduced over the past 5 years (3.9% vs 1.1% today).
Interest payments on debt are well covered by earnings (EBIT is 100.8x coverage).
Dhanuka Agritech's level of debt (1.1%) compared to net worth is satisfactory (less than 40%).

Cons

Pros

The average tenure for the Dhanuka Agritech board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Mahendra's compensation has been consistent with company performance over the past year, both up more than 20%.

Cons

Mahendra's remuneration is higher than average for companies of similar size in India.

Pros

Cons

Pros

Dhanuka Agritech's 1-year earnings growth exceeds its 5-year average (25.6% vs 4%)
Dhanuka Agritech's year on year earnings growth rate has been positive over the past 5 years.
Dhanuka Agritech used its assets more efficiently than the IN Chemicals industry average last year based on Return on Assets.
Dhanuka Agritech's earnings growth has exceeded the IN Chemicals industry average in the past year (25.6% vs 9.1%).

Cons

Dhanuka Agritech's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Dhanuka Agritech has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

Pros

507717 outperformed the Chemicals industry which returned 2.2% over the past year.
507717 outperformed the Market in India which returned -14.5% over the past year.
BSE:507717 is up 52.7% outperforming the Chemicals industry which returned 6.9% over the past month.
BSE:507717 is up 52.7% outperforming the market in India which returned 8% over the past month.

Cons

Dhanuka Agritech's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Dhanuka Agritech's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Dhanuka Agritech is overvalued based on assets compared to the IN Chemicals industry average.
Dhanuka Agritech is poor value based on expected growth next year.
Dhanuka Agritech is overvalued based on earnings compared to the IN Chemicals industry average.
Dhanuka Agritech is overvalued based on earnings compared to the India market.