DHANUKA AGRITECH LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,406 INR | +4.11% |
|
+11.44% | +33.40% |
| Apr. 19 | Dhanuka Agritech Launches New Insecticide, Bio-Fertilizer | MT |
| Apr. 18 | Dhanuka Agritech Limited Announces New Products Launch | CI |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 18,694 | 15,396 | 32,134 | 33,392 | 27,855 | 64,069 | - | - |
| Enterprise Value (EV) 1 | 17,943 | 14,616 | 30,326 | 31,417 | 26,893 | 63,000 | 61,096 | 58,770 |
| P/E ratio | 17.1 x | 10.9 x | 15.5 x | 16 x | 12.1 x | 26.9 x | 23 x | 19.9 x |
| Yield | 0.15% | 3.71% | 0.29% | 1.95% | 0.33% | 0.73% | 0.64% | 0.59% |
| Capitalization / Revenue | 1.86 x | 1.37 x | 2.32 x | 2.26 x | 1.64 x | 3.57 x | 3.14 x | 2.77 x |
| EV / Revenue | 1.78 x | 1.3 x | 2.19 x | 2.13 x | 1.58 x | 3.51 x | 2.99 x | 2.54 x |
| EV / EBITDA | 12.3 x | 8.43 x | 11.3 x | 11.9 x | 9.65 x | 19.4 x | 16.6 x | 14 x |
| EV / FCF | -1,042 x | 9.85 x | 13.9 x | 70.7 x | 223 x | 37.4 x | 29.4 x | 23.9 x |
| FCF Yield | -0.1% | 10.2% | 7.2% | 1.41% | 0.45% | 2.68% | 3.4% | 4.18% |
| Price to Book | 2.91 x | 2.18 x | 4.09 x | 3.48 x | 2.62 x | 5.13 x | 4.4 x | 3.77 x |
| Nbr of stocks (in thousands) | 47,578 | 47,578 | 46,578 | 46,578 | 45,578 | 45,578 | - | - |
| Reference price 2 | 392.9 | 323.6 | 689.9 | 716.9 | 611.2 | 1,406 | 1,406 | 1,406 |
| Announcement Date | 5/21/19 | 6/10/20 | 5/21/21 | 5/23/22 | 5/25/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Maart | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 10,058 | 11,201 | 13,875 | 14,778 | 17,002 | 17,943 | 20,431 | 23,144 |
| EBITDA 1 | 1,460 | 1,735 | 2,691 | 2,634 | 2,787 | 3,242 | 3,671 | 4,199 |
| EBIT 1 | 1,336 | 1,571 | 2,539 | 2,471 | 2,611 | 2,975 | 3,355 | 3,803 |
| Operating Margin | 13.29% | 14.03% | 18.3% | 16.72% | 15.36% | 16.58% | 16.42% | 16.43% |
| Earnings before Tax (EBT) 1 | 1,540 | 1,806 | 2,849 | 2,775 | 3,027 | 3,099 | 3,571 | 4,078 |
| Net income 1 | 1,126 | 1,415 | 2,106 | 2,088 | 2,335 | 2,382 | 2,732 | 3,109 |
| Net margin | 11.19% | 12.63% | 15.18% | 14.13% | 13.73% | 13.28% | 13.37% | 13.43% |
| EPS 2 | 23.02 | 29.73 | 44.61 | 44.82 | 50.35 | 52.23 | 61.04 | 70.77 |
| Free Cash Flow 1 | -17.21 | 1,484 | 2,184 | 444.5 | 120.5 | 1,686 | 2,076 | 2,458 |
| FCF margin | -0.17% | 13.25% | 15.74% | 3.01% | 0.71% | 9.4% | 10.16% | 10.62% |
| FCF Conversion (EBITDA) | - | 85.54% | 81.17% | 16.88% | 4.32% | 52% | 56.55% | 58.55% |
| FCF Conversion (Net income) | - | 104.89% | 103.75% | 21.29% | 5.16% | 70.78% | 76% | 79.07% |
| Dividend per Share 2 | 0.6000 | 12.00 | 2.000 | 14.00 | 2.000 | 10.20 | 8.975 | 8.329 |
| Announcement Date | 5/21/19 | 6/10/20 | 5/21/21 | 5/23/22 | 5/25/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: Maart | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 8,162 | 2,957 | 2,756 | 3,638 | 4,388 | 3,569 | 3,183 | 3,927 | 5,429 | 3,634 | 3,712 | 3,691 | 5,972 | 4,258 | 3,905 |
| EBITDA 1 | 1,543 | 502.2 | 646.2 | 611.1 | 821.6 | 550.3 | 650.8 | 514.8 | 975.2 | 518.3 | 778.7 | 436.1 | 1,081 | 654.7 | 700.2 |
| EBIT | - | 460.9 | 599.5 | 573 | 781 | 510.7 | 606.3 | - | - | - | - | - | - | - | - |
| Operating Margin | - | 15.59% | 21.75% | 15.75% | 17.8% | 14.31% | 19.05% | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) 1 | - | 544.6 | 675.6 | 641.6 | 843.4 | 569.2 | 720.6 | 637.5 | 979.7 | 542.6 | 867.5 | 447.3 | 1,099 | 587 | 752.5 |
| Net income 1 | - | 400.4 | 486.4 | 486 | 633.8 | 425.2 | 542.9 | 491.1 | 730.2 | 460.7 | 653.1 | 329.4 | 800 | 468.5 | 545.8 |
| Net margin | - | 13.54% | 17.65% | 13.36% | 14.44% | 11.91% | 17.06% | 12.51% | 13.45% | 12.68% | 17.59% | 8.92% | 13.4% | 11% | 13.98% |
| EPS | - | 8.540 | 10.45 | 10.43 | 13.61 | 9.130 | 11.65 | - | - | - | - | - | 16.90 | - | 11.15 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/30/20 | 2/2/21 | 5/21/21 | 7/29/21 | 10/30/21 | 2/2/22 | 5/23/22 | 8/2/22 | 11/1/22 | 2/10/23 | 5/25/23 | 8/2/23 | - | - | - |
1INR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: Maart | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 750 | 780 | 1,808 | 1,975 | 962 | 1,070 | 2,973 | 5,299 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -17.2 | 1,484 | 2,184 | 445 | 121 | 1,686 | 2,076 | 2,458 |
| ROE (net income / shareholders' equity) | 17.7% | 21% | 28% | 23.8% | 23.1% | 20.5% | 20.2% | 20% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | 15.8% | 15.7% | 15.4% |
| Assets 1 | - | - | - | - | - | 15,076 | 17,400 | 20,188 |
| Book Value Per Share 2 | 135.0 | 149.0 | 169.0 | 206.0 | 233.0 | 274.0 | 320.0 | 373.0 |
| Cash Flow per Share 2 | 31.80 | 34.10 | 49.00 | 22.40 | 29.90 | 48.90 | 54.90 | 65.00 |
| Capex 1 | 60.8 | 137 | 126 | 598 | 1,242 | 1,489 | 527 | 700 |
| Capex / Sales | 0.6% | 1.22% | 0.91% | 4.05% | 7.3% | 8.3% | 2.58% | 3.03% |
| Announcement Date | 5/21/19 | 6/10/20 | 5/21/21 | 5/23/22 | 5/25/23 | - | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +33.40% | 768M | |
| +1.19% | 3.58B | |
| -17.77% | 2.21B | |
| -13.26% | 1.85B | |
| -0.69% | 1.8B | |
| -5.70% | 1.6B | |
| -2.11% | 1.27B | |
| -2.91% | 1.1B | |
| -22.97% | 1.02B | |
| -8.05% | 951M |
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