Dhanuka Agritech Limited is an India-based company in the business of formulation and marketing of agrochemicals, including herbicides, fungicides, insecticides, and plant-growth-regulators. The company also offers seed treatment and farm grading services along with crop-protection solutions for farmers. The company was incorporated on 13 February 1985, with its headquarters in Central Delhi. As of 28 October 2022, the market capitalisation of the company is Rs 3,191 crore.
Dhanuka Agritech Limited got listed on the stock exchanges of India through its IPO on 11 June 2014. The company is listed on the National Stock Exchange (NSE) under the code DHANUKA as well as the Bombay Stock Exchange (BSE) under scrip code 507717. The company has also been included in the BSE 500 index.
The company has two wholly-owned subsidiaries—Dhanuka Agri Solutions Private Limited and Dhanuka Chemicals Private Limited. The product range of the company includes Targa Super, Sakura, Nabood, Dhanutop, Weedmar Super, Lustre, Godiwa Super, Vivatax Power, Foster, Caldan 50, Dhanvarsha, Dhanzyme Gold Granules, and Dhanzyme Liquid. For the quarter that ended in June 2022, the company reported consolidated sales of Rs 392.73 crore with a net profit of Rs 49.11 crore.
The shareholding pattern of the company in June 2022 reflected that a 70.00% stake in the company was held by promoters, a 13.50% stake was invested in mutual funds, a 9.41% stake was held by retail investors, a 3.90% stake belonged to the foreign institutional investors, and the remaining 3.19% stake was held by other domestic institutions. The top mutual funds in which the company has invested include DSP Small Cap Direct Growth Plan, DSP Infrastructure Growth and Economic Reforms Regular Fund, Kotak Small Cap Direct Growth, and HDFC Mid Cap Opportunities Direct Growth Plan.
The company’s management team comprises Mr R G Agarwal (chairman and executive director), Mr M K Dhanuka (managing director), Ms Priya Brat (independent director), Mr Rahul Dhanuka (COO and executive director), Mr Vinod Jain (independent director), among others.
On 28 October, Dhanuka Agritech Limited’s share price was Rs 722.60 per share at the NSE and Rs 722.40 per share at the BSE after the market closing. Dhanuka Agritech shares have given a six-month return of 0.58%, and its 52-week high price and 52-week low price are Rs 855.05 and Rs 630.65. The top peers of the company include Bayer Crop Science, P I Industries, UPL, and Sumitomo Chemicals.
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Dhanuka Agritech share price as on 09 Sep 2024 is Rs. 1588.8. Over the past 6 months, the Dhanuka Agritech share price has increased by 49.94% and in the last one year, it has increased by 102.83%. The 52-week low for Dhanuka Agritech share price was Rs. 764.6 and 52-week high was Rs. 1925.8.