| Management target | Revenue 9.0% FY27 |
|---|
| Revenue growth | Revenue fell 12.56% YoY due to delayed monsoons affecting herbicide demand. |
|---|---|
| Margins | EBITDA and PAT under pressure from weak demand and competitive pricing. |
| Demand visibility | Low for Q2; heavily dependent on late-season rainfall and reservoir levels. |
| Management confidence | Balanced but cautious; admitted significant Q1 underperformance and cyclical challenges. |
Growth
Growth is poor; revenue fell to ₹461.93 Cr. Performance is primarily volume-led but hit by cyclical headwinds.
Outlook
Guided single-digit growth for FY27. New ₹200 Cr Nagpur formulation plant expected operational by April 2028.
Risks
Subdued monsoon impact on Q2 visibility; high raw material costs and stiff pricing competition in domestic markets.
Last quarter's promises, checked
Delivered
- Guided low double-digit revenue growth → delivered 9.0% growth (= MISS)
- Guided 25% higher buyback price vs market → delivered ₹1,400 buyback (= BEAT)
Partly delivered
- Guided EBITDA margin decline of 100 bps → delivered expansion in Q4 due to GST refund (= BEAT)
Missed
- Guided 25-26% revenue from 9-3 products → delivered 26% (= BEAT)
- Guided Dahej revenue ₹65 Cr for FY26 → delivered ₹50 Cr (= MISS)
Earnings Call Transcript filed with BSE, NSE: DHANUKA. Summary written with AI assistance from the document.
Dhanuka Agritech Ltd: key numbers
- Share price
- ₹892.80
- Market cap
- ₹4,025 Cr
- Revenue (annual)
- ₹2,020 Cr
- Net profit (annual)
- ₹287.2 Cr
- Promoter holding
- 69.81%+0.10% QoQ
- FII holding
- 1.64%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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