Dhanuka Agritech stands as a stalwart in the agro-chemical industry, renowned for its extensive product portfolio catering to diverse agricultural needs. With over 300 product registrations spanning Herbicides, Insecticides, Fungicides, and Plant Growth Regulators, the company boasts a comprehensive lineup of approximately 90 products across these essential segments. Offering varied formulations such as liquids, dust, powder, and granules, Dhanuka Agritech exemplifies innovation and commitment to agricultural excellence.
In this article, we delve into the intricacies of the company, exploring its noteworthy contributions, advancements, and the pivotal role it plays in shaping modern agricultural practices.
Below are the trading platforms that you can use to purchase Dhanuka Agritech shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| May 2024 | 1,383.48 | 1,203.03 |
| June 2024 | 1,433.29 | 1,246.34 |
| July 2024 | 1,418.95 | 1,233.87 |
| August 2024 | 1,475.71 | 1,283.23 |
| September 2024 | 1,534.74 | 1,334.56 |
| October 2024 | 1,504.65 | 1,308.39 |
| November 2024 | 1,549.79 | 1,347.64 |
| December 2024 | 1,588.53 | 1,381.33 |
| When | Maximum Price | Minimum Price |
| January 2025 | 1,620.30 | 1,246.39 |
| February 2025 | 1,661.85 | 1,278.34 |
| March 2025 | 1,726.66 | 1,328.20 |
| April 2025 | 1,692.80 | 1,302.16 |
| May 2025 | 1,643.50 | 1,264.23 |
| June 2025 | 1,717.46 | 1,321.12 |
| July 2025 | 1,683.78 | 1,295.22 |
| August 2025 | 1,735.86 | 1,335.27 |
| September 2025 | 1,796.61 | 1,382.01 |
| October 2025 | 1,843.32 | 1,417.94 |
| November 2025 | 1,889.41 | 1,453.39 |
| December 2025 | 1,936.64 | 1,489.72 |
| When | Maximum Price | Minimum Price |
| January 2026 | 1,994.74 | 1,534.42 |
| February 2026 | 2,045.89 | 1,573.76 |
| March 2026 | 2,125.68 | 1,635.14 |
| April 2026 | 2,084.00 | 1,603.07 |
| May 2026 | 2,023.30 | 1,556.38 |
| June 2026 | 2,114.35 | 1,626.42 |
| July 2026 | 2,072.89 | 1,594.53 |
| August 2026 | 2,137.00 | 1,643.84 |
| September 2026 | 2,211.79 | 1,701.38 |
| October 2026 | 2,269.30 | 1,745.62 |
| November 2026 | 2,326.03 | 1,789.26 |
| December 2026 | 2,384.18 | 1,833.99 |
In 2026, Dhanuka Agritech’s share price is anticipated to exhibit substantial growth, with potential highs reaching up to ₹2,384.18 in December and lows remaining around ₹1,534.42 in January.
| When | Maximum Price | Minimum Price |
| January 2027 | 2,431.87 | 1,870.67 |
| February 2027 | 2,494.22 | 1,918.63 |
| March 2027 | 2,591.50 | 1,993.46 |
| April 2027 | 2,540.68 | 1,954.37 |
| May 2027 | 2,466.68 | 1,897.45 |
| June 2027 | 2,577.68 | 1,982.83 |
| July 2027 | 2,527.14 | 1,943.95 |
| August 2027 | 2,605.30 | 2,004.08 |
| September 2027 | 2,696.48 | 2,074.22 |
| October 2027 | 2,766.59 | 2,128.15 |
| November 2027 | 2,835.76 | 2,181.35 |
| December 2027 | 2,906.65 | 2,235.89 |
In 2027, Dhanuka Agritech’s share price is poised for strong growth, with highs projected to reach ₹2,906.65 by December and lows around ₹1,870.67 in January.
| When | Maximum Price | Minimum Price |
| January 2028 | 2,964.79 | 2,280.60 |
| February 2028 | 3,040.81 | 2,339.08 |
| March 2028 | 3,159.40 | 2,430.31 |
| April 2028 | 3,097.45 | 2,382.65 |
| May 2028 | 3,007.23 | 2,313.25 |
| June 2028 | 3,142.56 | 2,417.35 |
| July 2028 | 3,080.94 | 2,369.95 |
| August 2028 | 3,176.22 | 2,443.25 |
| September 2028 | 3,287.39 | 2,528.76 |
| October 2028 | 3,372.86 | 2,594.51 |
| November 2028 | 3,457.19 | 2,659.37 |
| December 2028 | 3,543.62 | 2,725.86 |
- January 2028: ₹2,280.60 (Minimum)
- December 2028: ₹3,543.62 (Maximum)
| When | Maximum Price | Minimum Price |
| January 2029 | 3,614.49 | 2,780.38 |
| February 2029 | 3,707.17 | 2,851.67 |
| March 2029 | 3,851.75 | 2,962.88 |
| April 2029 | 3,776.22 | 2,904.79 |
| May 2029 | 3,666.24 | 2,820.18 |
| June 2029 | 3,831.22 | 2,947.09 |
| July 2029 | 3,756.09 | 2,889.30 |
| August 2029 | 3,872.26 | 2,978.66 |
| September 2029 | 4,007.79 | 3,082.92 |
| October 2029 | 4,111.99 | 3,163.07 |
| November 2029 | 4,214.79 | 3,242.15 |
| December 2029 | 4,320.16 | 3,323.20 |
- January 2029: ₹2,780.38 (Minimum)
- December 2029: ₹4,320.16 (Maximum)
| When | Maximum Price | Minimum Price |
| January 2030 | 4,406.57 | 3,389.67 |
| February 2030 | 4,519.56 | 3,476.58 |
| March 2030 | 4,695.82 | 3,612.17 |
| April 2030 | 4,603.74 | 3,541.34 |
| May 2030 | 4,469.65 | 3,438.20 |
| June 2030 | 4,670.79 | 3,592.91 |
| July 2030 | 4,579.20 | 3,522.46 |
| August 2030 | 4,720.83 | 3,631.41 |
| September 2030 | 4,886.06 | 3,758.51 |
| October 2030 | 5,013.10 | 3,856.23 |
| November 2030 | 5,138.42 | 3,952.63 |
| December 2030 | 5,266.88 | 4,051.45 |
- January 2030: ₹3,389.67 (Minimum)
- December 2030: ₹5,266.88 (Maximum)
Financial Condition Of Dhanuka Agritech: Last 5 Years
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 TTM |
|---|---|---|---|---|---|
| Sales (Rs. Crores) | 1,006 | 1,120 | 1,387 | 1,478 | 1,700 |
| Expenses (Rs. Crores) | 860 | 947 | 1,118 | 1,214 | 1,421 |
| Operating Profit (Rs. Crores) | 146 | 174 | 269 | 264 | 279 |
| OPM (%) | 15% | 15% | 19% | 18% | 16% |
| Other Income (Rs. Crores) | 21 | 25 | 34 | 34 | 45 |
| Interest (Rs. Crores) | 1 | 2 | 3 | 3 | 3 |
| Depreciation (Rs. Crores) | 12 | 16 | 15 | 16 | 18 |
| Profit before Tax (Rs. Crores) | 154 | 181 | 285 | 278 | 303 |
| Tax (%) | 27% | 22% | 26% | 25% | 23% |
| Net Profit (Rs. Crores) | 113 | 141 | 211 | 209 | 234 |
| EPS (Rs.) | 23.66 | 29.71 | 45.21 | 44.85 | 51.23 |
| Dividend Payout (%) | 3% | 40% | 4% | 31% | 4% |
- Dhanuka Agritech’s sales exhibited a steady growth from Rs. 1,006 Crores in 2019 to Rs. 1,700 Crores in the TTM, reflecting a compounded sales growth of 12% over five years.
- The company maintained a commendable operating profit margin ranging from 16% to 19%, showcasing effective expense management and financial resilience.
- Net profit reached Rs. 234 Crores in the TTM, contributing to an impressive earnings per share of Rs. 51.23.
- Dhanuka Agritech demonstrated prudent dividend distribution, with payout ratios fluctuating between 3% and 40% over the last five years.
- Compounded profit growth over five years stands at 11%, affirming the company’s consistent profitability.
- The stock’s Compound Annual Growth Rate ranged from 14% to an outstanding 62% over various time frames, reflecting robust performance.
- Return on equity remained consistently high, indicating efficient utilization of shareholder capital and sound financial management.
- Dhanuka Agritech’s financial condition over the last five years underscores resilience, growth, and strategic financial stewardship.
Anand Rathi recommends purchasing Dhanuka Agritech with a target price set at Rs 1200.
FAQs
What is Dhanuka Agritech’s current market capitalization?
Dhanuka Agritech’s current market cap stands at ₹5,840 Crores.
As of May 10th, 2024, the current share price of Dhanuka Agritech is ₹1,281.
The projected share price for Dhanuka Agritech in December 2024 ranges between ₹1,203.03 (minimum) and ₹1,588.53(maximum).
The anticipated share price for Dhanuka Agritech in December 2025 is expected to be between ₹1,246.39 (minimum) and ₹1,936.64 (maximum).
What is the compounded sales growth rate for Dhanuka Agritech over the last 10 years?
Dhanuka Agritech has experienced a compounded sales growth rate of 11% over the last 10 years.
What is the compounded profit growth rate for Dhanuka Agritech over the last 5 years?
The compounded profit growth rate for Dhanuka Agritech over the last 5 years is 11%.
What is the stock price CAGR for Dhanuka Agritech over the last 5 years?
Dhanuka Agritech’s stock price has shown a Compound Annual Growth Rate of 22% over the last 5 years.
What is the return on equity (ROE) for Dhanuka Agritech in the last year?
Dhanuka Agritech’s return on equity for the last year stands at 21%.
What is the current dividend payout percentage for Dhanuka Agritech?
The current dividend payout percentage for Dhanuka Agritech is 4%.
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Cultivating Success: In Conclusion, Dhanuka Agritech Emerges as a Resilient Leader in Agro-Chemical Innovation
Dhanuka Agritech emerges as a formidable player in the agro-chemical industry, distinguished by its extensive product range addressing diverse agricultural needs. Boasting over 300 product registrations and a lineup of approximately 90 products, the company showcases innovation across Herbicides, Insecticides, Fungicides, and Plant Growth Regulators, available in various formulations. This diversity underscores Dhanuka Agritech’s commitment to excellence in agriculture.
The projected share price targets from 2024 to 2030 indicate a bullish trajectory, with the stock poised for substantial growth. Dhanuka Agritech’s financial performance reflects steady sales growth, commendable operating profit margins, and prudent dividend distribution. The compounded profit growth rate of 11% over the last 5 years attests to the company’s consistent profitability. Despite a decrease in promoter holding and a fire incident in 2021, the company remains almost debt-free.
In conclusion, Dhanuka Agritech’s outlook appears promising, marked by innovation, market presence, and financial resilience. The strategic investments and expansive distribution network contribute to its growth potential. The consistent financial performance and positive recommendations, such as Anand Rathi’s target price of ₹1,200, further reinforce Dhanuka Agritech’s position as a key player in shaping modern agricultural practices.
What did we learn?
- 1 How to Purchase Dhanuka Agritech Shares?
- 2 Dhanuka Agritech Share Price Target 2024 To 2030
- 2.1 Dhanuka Agritech Share Price Target 2024
- 2.2 Dhanuka Agritech Share Price Target 2025
- 2.3 Dhanuka Agritech Share Price Target 2026
- 2.4 Dhanuka Agritech Share Price Target 2027
- 2.5 Dhanuka Agritech Share Price Target 2028
- 2.6 Dhanuka Agritech Share Price Target 2029
- 2.7 Dhanuka Agritech Share Price Target 2030
- 3 Financial Condition Of Dhanuka Agritech: Last 5 Years
- 4 Anand Rathi On Dhanuka Agritech Share Price Target
- 5 FAQs
- 5.1 What is Dhanuka Agritech’s current market capitalization?
- 5.2 What is the current share price of Dhanuka Agritech?
- 5.3 What is the 2024 share price target for Dhanuka Agritech?
- 5.4 What is the 2025 share price target for Dhanuka Agritech?
- 5.5 What is the compounded sales growth rate for Dhanuka Agritech over the last 10 years?
- 5.6 What is the compounded profit growth rate for Dhanuka Agritech over the last 5 years?
- 5.7 What is the stock price CAGR for Dhanuka Agritech over the last 5 years?
- 5.8 What is the return on equity (ROE) for Dhanuka Agritech in the last year?
- 5.9 What is the current dividend payout percentage for Dhanuka Agritech?
- 6 Cultivating Success: In Conclusion, Dhanuka Agritech Emerges as a Resilient Leader in Agro-Chemical Innovation
