- #472 MK Dhanuka & family ₹7,400 Cr

About Dhanuka Agritech Limited
Data last updated:
Dhanuka Agritech Limited is a public limited company based in Gurgaon, Haryana, India. It operates in the agritech segment of the agriculture sector. It was incorporated on 13 February 1985 and has been in existence for over 41 years.
Its director MK Dhanuka and family are #472 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN L24219HR1985PLC122802. Its GSTIN is 06AAACD0105G1ZH (Haryana). The company holds 25 GST registrations, of which 21 are active. Its shares are listed on BSE: 507717 and NSE: DHANUKA.
The company has an authorised share capital of ₹29 Cr and a paid-up capital of ₹9.02 Cr. It was formerly known as Dhanuka Pesticides Ltd. It is led by directors including Rahul Dhanuka (Managing Director) and Ashish Saraf (Whole-Time Director).
Its last annual general meeting (AGM) was held on 01 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gurgaon, Haryana.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹2,019.79 Cr, a decline of 0.8% compared to the previous year. For the same year it recorded a net profit of ₹284.68 Cr (net margin 14.1%) and EBITDA of ₹403.47 Cr (EBITDA margin 20%). The net worth stands at ₹1,681.88 Cr (up 19.9% YoY). Total assets are valued at ₹1,728.46 Cr (up 15.7% YoY).
The company has about 1,077 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Dhanuka Agritech. As per MCA filings, the company has open charges of ₹63.35 Cr and satisfied charges of ₹404.44 Cr on record. Court records list 519 cases involving the company, including 407 filed by the company and 61 filed against it; 95 cases are pending. The company has 32 deals on record (25 market trades, 6 secondary share transfers, 1 funding round), with disclosed funding of ₹33.91 Cr; the latest was in September 2024. Its 10 peer companies in the Agriculture industry (Agritech, Pesticides) are compared by revenue, 5 larger and 5 smaller; the largest is Rallis India Limited with revenue of ₹2,694.66 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 157 overdue payments to 75 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhanuka.com.
CIN History of Dhanuka Agritech Limited
Dhanuka Agritech has one previous CIN (Corporate Identification Number): L24219DL1985PLC020126. The current CIN is L24219HR1985PLC122802, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24219HR1985PLC122802 | Current |
| L24219DL1985PLC020126 | Previous |
Recognitions & Rankings of Dhanuka Agritech
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGlobal Gateway Towers, Near Guru Dronacharya Metro Station, Gurgaon, Haryana, India – 122002
- IndustryAgriculture, AgriTech
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Dhanuka Agritech Limited
Dhanuka Agritech operates one associated brand: Dhanuka Agritech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Agrochemicals for crop protection and plant nutrition are manufactured. | dhanuka.com |
Business Activity of Dhanuka Agritech Limited
The main business activities of Dhanuka Agritech are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Dhanuka Agritech Limited FY 2025-26 filings available
Dhanuka Agritech Limited reported revenue of ₹2,019.79 Cr (down 0.8% YoY) for FY 2025-26.
Financial Highlights
FY 2024-25 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,035 | 1,759 | 1,700 | 1,478 | 1,387 | 1,120 | 1,006 |
| Revenue growth | +15.7% | +3.4% | +15.1% | +6.5% | +23.9% | +11.4% | - |
| EBITDA | 417 | 327 | 279 | 264 | 269 | 174 | 146 |
| EBITDA margin | +20.5% | +18.6% | +16.4% | +17.9% | +19.4% | +15.5% | +14.5% |
| Profit before tax | 392 | 319 | 303 | 278 | 285 | 181 | 154 |
| Net profit | 292 | 238 | 216 | 205 | 208 | 141 | 111 |
| Net profit margin | +14.3% | +13.5% | +12.7% | +13.9% | +15.0% | +12.6% | +11.0% |
| EPS (₹) | 65.88 | 52.46 | 51.23 | 44.85 | 45.21 | 29.71 | 23.66 |
| Balance sheet | |||||||
| Total assets | 1,494 | 1,300 | 1,113 | 1,007 | 859 | 737 | 682 |
| Net worth | 1,403 | 1,256 | 1,061 | 960 | 796 | 708 | 642 |
| Total debt | 74.23 | 26.98 | 33.52 | 31.80 | 48.43 | 7.98 | 22.21 |
| Cash & bank | 1.38 | 1.31 | 4.28 | 2.44 | 1.48 | 26.29 | 1.35 |
| Net working capital | 724 | 680 | 510 | 459 | 407 | 417 | 423 |
| Cash flow | |||||||
| Cash from operations | 263 | 134 | 136 | 104 | 231 | 162 | 13.30 |
| Cash from investing | (143) | (80.89) | 2.56 | (42.60) | (127) | (44.32) | 63.18 |
| Cash from financing | (120) | (56.54) | (137) | (60.80) | (129) | (93.01) | (86.61) |
| Particulars | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 442 | 445 | 654 | 494 | 368 | 403 | 618 | 369 |
| Revenue growth (YoY) | +20.0% | +10.4% | +5.9% | +33.7% | -0.8% | - | - | - |
| Other income | 11.16 | 7.01 | 10.80 | 7.13 | 15.28 | 7.28 | 5.76 | 6.64 |
| EBITDA | 110 | 75.56 | 160 | 71.72 | 80.09 | 62.16 | 142 | 43.60 |
| EBITDA margin | +24.8% | +17.0% | +24.4% | +14.5% | +21.7% | +15.4% | +22.9% | +11.8% |
| Depreciation | 17.45 | 13.06 | 12.67 | 12.28 | 13.18 | 12.88 | 9.88 | 4.62 |
| Interest | 1.79 | 1.43 | 1.05 | 0.83 | 0.70 | 0.74 | 0.76 | 0.89 |
| Profit before tax | 102 | 68.08 | 157 | 65.74 | 81.49 | 55.82 | 137 | 44.73 |
| Tax | 26.16 | 13.03 | 39.14 | 16.85 | 22.48 | 10.45 | 34.93 | 11.79 |
| Net profit | 75.51 | 55.05 | 118 | 48.89 | 59.01 | 45.37 | 102 | 32.94 |
| EPS (₹) | 16.74 | 12.25 | 25.83 | 10.73 | 12.95 | 9.95 | 22.33 | 7.23 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,020 | 2,035 | 1,759 | 1,700 | 1,478 | 1,387 | 1,120 |
| Revenue growth | -0.8% | +15.7% | +3.4% | +15.1% | +6.5% | +23.9% | - |
| EBITDA | 403 | 417 | 327 | 279 | 264 | 269 | 174 |
| EBITDA margin | +20.0% | +20.5% | +18.6% | +16.4% | +17.8% | +19.4% | +15.5% |
| Profit before tax | 379 | 392 | 319 | 303 | 278 | 285 | 181 |
| Net profit | 285 | 292 | 238 | 216 | 205 | 208 | 141 |
| Net profit margin | +14.1% | +14.3% | +13.5% | +12.7% | +13.9% | +15.0% | +12.6% |
| EPS (₹) | 63.72 | 65.88 | 52.46 | 51.23 | 44.82 | 45.21 | 29.73 |
| Balance sheet | |||||||
| Total assets | 1,728 | 1,494 | 1,300 | 1,113 | 1,007 | 859 | 737 |
| Net worth | 1,682 | 1,403 | 1,256 | 1,061 | 960 | 796 | 708 |
| Total debt | 30.64 | 74.23 | 26.98 | 33.52 | 31.80 | 48.43 | 7.98 |
| Cash & bank | 19.68 | 1.38 | 1.31 | 4.28 | 2.43 | 1.48 | 26.29 |
| Net working capital | 877 | 724 | 680 | 510 | 459 | 407 | 417 |
| Cash flow | |||||||
| Cash from operations | 196 | 263 | 134 | 136 | 104 | 231 | 162 |
| Cash from investing | (118) | (143) | (80.89) | 2.57 | (42.61) | (127) | (44.32) |
| Cash from financing | (59.79) | (120) | (56.54) | (137) | (60.80) | (129) | (93.01) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 462 | 483 | 410 | 598 | 528 | 442 | 445 | 654 |
| Revenue growth (YoY) | -12.6% | +9.4% | -7.9% | -8.6% | +7.0% | - | - | - |
| Other income | 8.86 | 20.53 | 8.12 | 6.32 | 8.04 | 11.16 | 7.01 | 10.80 |
| Total expenses | 407 | 358 | 351 | 462 | 445 | 332 | 370 | 495 |
| EBITDA | 55.02 | 125 | 58.67 | 137 | 83.19 | 110 | 75.56 | 160 |
| EBITDA margin | +11.9% | +25.8% | +14.3% | +22.9% | +15.7% | +24.8% | +17.0% | +24.4% |
| Depreciation | 14.49 | 16.31 | 16.26 | 16.26 | 15.39 | 17.45 | 13.06 | 12.67 |
| Interest | 0.81 | 0.79 | 0.80 | 0.82 | 1.30 | 1.79 | 1.43 | 1.05 |
| Profit before tax | 48.58 | 128 | 49.73 | 126 | 74.54 | 102 | 68.08 | 157 |
| Tax | 12.27 | 30.55 | 9.73 | 32.01 | 19.04 | 26.16 | 13.03 | 39.14 |
Financial Statements
| Particulars | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 442 | 445 | 654 | 494 | 368 | 403 | 618 | 369 |
| Revenue growth (YoY) | +20.0% | +10.4% | +5.9% | +33.7% | -0.8% | - | - | - |
| Other income | 11.16 | 7.01 | 10.80 | 7.13 | 15.28 | 7.28 | 5.76 | 6.64 |
| EBITDA | 110 | 75.56 | 160 | 71.72 | 80.09 | 62.16 | 142 | 43.60 |
| EBITDA margin | +24.8% | +17.0% | +24.4% | +14.5% | +21.7% | +15.4% | +22.9% | +11.8% |
| Depreciation | 17.45 | 13.06 | 12.67 | 12.28 | 13.18 | 12.88 | 9.88 | 4.62 |
| Interest | 1.79 | 1.43 | 1.05 | 0.83 | 0.70 | 0.74 | 0.76 | 0.89 |
| Profit before tax | 102 | 68.08 | 157 | 65.74 | 81.49 | 55.82 | 137 | 44.73 |
| Tax | 26.16 | 13.03 | 39.14 | 16.85 | 22.48 | 10.45 | 34.93 | 11.79 |
| Net profit | 75.51 | 55.05 | 118 | 48.89 | 59.01 | 45.37 | 102 | 32.94 |
| EPS (₹) | 16.74 | 12.25 | 25.83 | 10.73 | 12.95 | 9.95 | 22.33 | 7.23 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,035 | 1,759 | 1,700 | 1,478 | 1,387 | 1,120 | 1,006 |
| Revenue growth | +15.7% | +3.4% | +15.1% | +6.5% | +23.9% | +11.4% | - |
| Other income | 36.10 | 34.96 | 44.76 | 33.59 | 33.70 | 25.09 | 21.20 |
| Total expenses | 1,619 | 1,431 | 1,421 | 1,214 | 1,118 | 947 | 860 |
| Employee cost | 172 | 155 | 126 | 120 | 118 | 105 | 105 |
| EBITDA | 417 | 327 | 279 | 264 | 269 | 174 | 146 |
| EBITDA margin | +20.5% | +18.6% | +16.4% | +17.9% | +19.4% | +15.5% | +14.5% |
| Depreciation | 55.46 | 40.56 | 17.61 | 16.28 | 15.18 | 16.36 | 12.35 |
| Interest | 5.11 | 3.09 | 3.25 | 3.44 | 2.85 | 1.71 | 1.04 |
| Profit before tax | 392 | 319 | 303 | 278 | 285 | 181 | 154 |
| Tax | 95.18 | 79.66 | 69.22 | 68.70 | 74.38 | 39.17 | 41.38 |
| Net profit | 292 | 238 | 216 | 205 | 208 | 141 | 111 |
| Net profit margin | +14.3% | +13.5% | +12.7% | +13.9% | +15.0% | +12.6% | +11.0% |
| EPS (₹) | 65.88 | 52.46 | 51.23 | 44.85 | 45.21 | 29.71 | 23.66 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 9.02 | 9.12 | 9.12 | 9.32 | 9.32 | 9.52 | 9.52 |
| Reserves & surplus | 1,394 | 1,247 | 1,052 | 951 | 787 | 698 | 633 |
| Shareholders' funds (net worth) | 1,403 | 1,256 | 1,061 | 960 | 796 | 708 | 642 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 42.18 | 0.47 | 3.81 | 0.96 | 8.36 | 7.98 | 22.21 |
| Unsecured loans | 32.05 | 26.51 | 29.71 | 30.84 | 40.07 | 0.00 | 0.00 |
| Total debt | 74.23 | 26.98 | 33.52 | 31.80 | 48.43 | 7.98 | 22.21 |
| Total liabilities | 1,494 | 1,300 | 1,113 | 1,007 | 859 | 737 | 682 |
| Assets | |||||||
| Gross block | 680 | 461 | 255 | 234 | 230 | 171 | 155 |
| Net block | 504 | 338 | 165 | 159 | 167 | 117 | 117 |
| Capital work in progress | 8.51 | 28.25 | 153 | 48.35 | 7.59 | 3.67 | 0.99 |
| Investments | 230 | 240 | 255 | 336 | 278 | 159 | 120 |
| Inventories | 399 | 418 | 345 | 347 | 296 | 250 | 207 |
| Sundry debtors | 459 | 347 | 339 | 282 | 243 | 242 | 219 |
| Cash & bank balances | 1.38 | 1.31 | 4.28 | 2.44 | 1.48 | 26.29 | 1.35 |
| Loans & advances | 166 | 188 | 112 | 127 | 131 | 88.09 | 137 |
| Total current assets | 1,025 | 954 | 800 | 759 | 671 | 607 | 564 |
| Total current liabilities | 301 | 274 | 290 | 300 | 264 | 190 | 141 |
| Net working capital | 724 | 680 | 510 | 459 | 407 | 417 | 423 |
| Total assets | 1,494 | 1,300 | 1,113 | 1,007 | 859 | 737 | 682 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.51 | 3.48 | 1.48 | 0.61 | 25.23 | 0.48 | 10.61 |
| Net cash from operating activities | 263 | 134 | 136 | 104 | 231 | 162 | 13.30 |
| Net cash from investing activities | (143) | (80.89) | 2.56 | (42.60) | (127) | (44.32) | 63.18 |
| Net cash from financing activities | (120) | (56.54) | (137) | (60.80) | (129) | (93.01) | (86.61) |
| Net change in cash | 0.06 | (2.97) | 2.00 | 0.87 | (24.61) | 24.75 | (10.13) |
| Closing cash | 1.38 | 1.31 | 4.28 | 2.44 | 1.48 | 26.29 | 1.35 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +15.7% | +3.4% | +15.1% | +6.5% | +23.9% | +11.4% | - |
| EBITDA growth | +27.2% | +17.4% | +5.7% | -2.1% | +55.2% | +18.7% | - |
| PBT growth | +23.0% | +5.3% | +9.1% | -2.6% | +57.8% | +17.3% | -7.8% |
| Net income growth | +22.8% | +10.3% | +5.1% | -1.4% | +47.8% | +27.1% | - |
| Revenue CAGR (3Y) | +11.3% | +8.2% | +14.9% | +13.7% | +13.0% | +8.2% | +6.7% |
| EBITDA CAGR (3Y) | +16.5% | +6.7% | +17.1% | +21.8% | +17.4% | +0.7% | +1.5% |
| Profitability & leverage | |||||||
| Net income margin | +14.6% | +13.6% | +13.7% | +14.1% | +15.2% | +12.6% | +11.2% |
| Return on capital employed | +28.4% | +26.7% | +28.9% | +30.1% | +36.1% | +25.7% | +23.0% |
| Return on net worth | +22.3% | +20.6% | +23.1% | +23.8% | +28.0% | +20.9% | +17.7% |
| Debt / equity | 0.04 | 0.03 | 0.03 | 0.05 | 0.04 | 0.02 | 0.02 |
| Long-term debt / equity | 0.02 | 0.02 | 0.03 | 0.04 | 0.02 | 0.00 | 0.00 |
| Interest cover | 1.41 | 1.08 | 1.24 | 1.39 | 1.12 | 1.09 | 0.78 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.57 | 4.91 | 6.96 | 6.36 | 6.91 | 6.87 | 6.38 |
| Inventory turnover | 4.98 | 4.61 | 4.91 | 4.60 | 5.09 | 4.91 | 4.88 |
| Debtors turnover | 5.05 | 5.13 | 5.47 | 5.63 | 5.72 | 4.86 | 4.72 |
| EPS (₹) | 65.88 | 52.46 | 51.23 | 44.85 | 45.21 | 29.71 | 23.66 |
| Dividend per share (₹) | 2.00 | 14.00 | 2.00 | 14.00 | 2.00 | 12.00 | 0.60 |
| Book value per share (₹) | 311.17 | 275.54 | 232.85 | 206.19 | 170.94 | 148.72 | 134.98 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 462 | 483 | 410 | 598 | 528 | 442 | 445 | 654 |
| Revenue growth (YoY) | -12.6% | +9.4% | -7.9% | -8.6% | +7.0% | - | - | - |
| Other income | 8.86 | 20.53 | 8.12 | 6.32 | 8.04 | 11.16 | 7.01 | 10.80 |
| Total expenses | 407 | 358 | 351 | 462 | 445 | 332 | 370 | 495 |
| EBITDA | 55.02 | 125 | 58.67 | 137 | 83.19 | 110 | 75.56 | 160 |
| EBITDA margin | +11.9% | +25.8% | +14.3% | +22.9% | +15.7% | +24.8% | +17.0% | +24.4% |
| Depreciation | 14.49 | 16.31 | 16.26 | 16.26 | 15.39 | 17.45 | 13.06 | 12.67 |
| Interest | 0.81 | 0.79 | 0.80 | 0.82 | 1.30 | 1.79 | 1.43 | 1.05 |
| Profit before tax | 48.58 | 128 | 49.73 | 126 | 74.54 | 102 | 68.08 | 157 |
| Tax | 12.27 | 30.55 | 9.73 | 32.01 | 19.04 | 26.16 | 13.03 | 39.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,020 | 2,035 | 1,759 | 1,700 | 1,478 | 1,387 | 1,120 |
| Revenue growth | -0.8% | +15.7% | +3.4% | +15.1% | +6.5% | +23.9% | - |
| Other income | 43.01 | 36.10 | 34.96 | 44.76 | 33.59 | 33.70 | 25.09 |
| Total expenses | 1,616 | 1,619 | 1,431 | 1,421 | 1,214 | 1,118 | 946 |
| Employee cost | 190 | 172 | 155 | 126 | 120 | 118 | 105 |
| EBITDA | 403 | 417 | 327 | 279 | 264 | 269 | 174 |
| EBITDA margin | +20.0% | +20.5% | +18.6% | +16.4% | +17.8% | +19.4% | +15.5% |
| Depreciation | 64.22 | 55.46 | 40.56 | 17.61 | 16.28 | 15.18 | 16.36 |
| Interest | 3.71 | 5.11 | 3.09 | 3.25 | 3.44 | 2.85 | 1.71 |
| Profit before tax | 379 | 392 | 319 | 303 | 278 | 285 | 181 |
| Tax | 91.33 | 95.18 | 79.66 | 69.22 | 68.70 | 74.38 | 39.17 |
| Net profit | 285 | 292 | 238 | 216 | 205 | 208 | 141 |
| Net profit margin | +14.1% | +14.3% | +13.5% | +12.7% | +13.9% | +15.0% | +12.6% |
| EPS (₹) | 63.72 | 65.88 | 52.46 | 51.23 | 44.82 | 45.21 | 29.73 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 9.02 | 9.02 | 9.12 | 9.12 | 9.32 | 9.32 | 9.52 |
| Reserves & surplus | 1,673 | 1,394 | 1,247 | 1,052 | 951 | 787 | 698 |
| Shareholders' funds (net worth) | 1,682 | 1,403 | 1,256 | 1,061 | 960 | 796 | 708 |
| Secured loans | 0.90 | 42.18 | 0.47 | 3.81 | 0.96 | 8.36 | 7.98 |
| Unsecured loans | 29.74 | 32.05 | 26.51 | 29.71 | 30.84 | 40.07 | 0.00 |
| Total debt | 30.64 | 74.23 | 26.98 | 33.52 | 31.80 | 48.43 | 7.98 |
| Total liabilities | 1,728 | 1,494 | 1,300 | 1,113 | 1,007 | 859 | 737 |
| Assets | |||||||
| Gross block | 700 | 680 | 461 | 255 | 234 | 230 | 171 |
| Net block | 467 | 504 | 338 | 165 | 159 | 167 | 117 |
| Capital work in progress | 12.44 | 8.51 | 28.25 | 153 | 48.35 | 7.59 | 3.67 |
| Investments | 371 | 230 | 240 | 255 | 336 | 278 | 159 |
| Inventories | 517 | 399 | 418 | 345 | 347 | 296 | 250 |
| Sundry debtors | 441 | 459 | 347 | 339 | 282 | 243 | 242 |
| Cash & bank balances | 19.68 | 1.38 | 1.31 | 4.28 | 2.43 | 1.48 | 26.29 |
| Loans & advances | 263 | 166 | 188 | 112 | 127 | 131 | 88.09 |
| Total current assets | 1,240 | 1,025 | 954 | 800 | 759 | 671 | 607 |
| Total current liabilities | 363 | 301 | 274 | 290 | 300 | 264 | 190 |
| Net working capital | 877 | 724 | 680 | 510 | 459 | 407 | 417 |
| Total assets | 1,728 | 1,494 | 1,300 | 1,113 | 1,007 | 859 | 737 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.57 | 0.51 | 3.48 | 1.48 | 0.61 | 25.22 | 0.45 |
| Net cash from operating activities | 196 | 263 | 134 | 136 | 104 | 231 | 162 |
| Net cash from investing activities | (118) | (143) | (80.89) | 2.57 | (42.61) | (127) | (44.32) |
| Net cash from financing activities | (59.79) | (120) | (56.54) | (137) | (60.80) | (129) | (93.01) |
| Net change in cash | 18.36 | 0.06 | (2.97) | 2.00 | 0.86 | (24.61) | 24.77 |
| Closing cash | 19.68 | 1.38 | 1.31 | 4.28 | 2.43 | 1.48 | 26.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -0.8% | +15.7% | +3.4% | +15.1% | +6.5% | +23.9% | - |
| EBITDA growth | -3.2% | +27.2% | +17.4% | +5.8% | -2.1% | +55.1% | - |
| PBT growth | -3.5% | +23.0% | +5.3% | +9.1% | -2.6% | +57.7% | +17.3% |
| Net income growth | -2.4% | +22.8% | +10.3% | +5.2% | -1.5% | +47.7% | - |
| Revenue CAGR (3Y) | +5.9% | +11.3% | +8.2% | +14.9% | +13.7% | +13.0% | +8.2% |
| EBITDA CAGR (3Y) | +13.1% | +16.5% | +6.7% | +17.1% | +21.7% | +17.4% | +0.7% |
| Profitability & leverage | |||||||
| Net income margin | +14.2% | +14.6% | +13.6% | +13.7% | +14.1% | +15.2% | +12.6% |
| Return on capital employed | +23.7% | +28.4% | +26.7% | +28.9% | +30.1% | +36.1% | +25.7% |
| Return on net worth | +18.6% | +22.3% | +20.6% | +23.1% | +23.8% | +28.0% | +21.0% |
| Debt / equity | 0.03 | 0.04 | 0.03 | 0.03 | 0.05 | 0.04 | 0.02 |
| Long-term debt / equity | 0.02 | 0.02 | 0.02 | 0.03 | 0.04 | 0.02 | 0.00 |
| Interest cover | 1.09 | 1.41 | 1.08 | 1.24 | 1.39 | 1.12 | 1.09 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.93 | 3.57 | 4.91 | 6.96 | 6.36 | 6.91 | 6.87 |
| Inventory turnover | 4.41 | 4.98 | 4.61 | 4.91 | 4.60 | 5.09 | 4.91 |
| Debtors turnover | 4.49 | 5.05 | 5.13 | 5.47 | 5.63 | 5.72 | 4.86 |
| EPS (₹) | 63.72 | 65.88 | 52.46 | 51.23 | 44.82 | 45.21 | 29.73 |
| Dividend per share (₹) | 2.00 | 2.00 | 14.00 | 2.00 | 14.00 | 2.00 | 12.00 |
| Book value per share (₹) | 373.10 | 311.17 | 275.54 | 232.85 | 206.19 | 170.96 | 148.74 |
Board of Directors of Dhanuka Agritech Limited
Dhanuka Agritech has 10 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Saxena Also directs: Total Synergy Consulting Private Limited | Director | 22 May 2018 | 8 Years 4 Months | Current |
| Ashish Saraf | Whole-Time Director | 24 Mar 2022 | 4 Years 6 Months | Current |
| Rahul Dhanuka Also directs: Dhanuka Laboratories Limited, Golden Overseas Private Limited, H D Realtors Private Limited and 2 more | Managing Director | 28 Jan 2002 | 24 Years 8 Months | Current |
| Mahendra Kumar Dhanuka | Whole-Time Director | 13 Feb 1985 | 41 Years 8 Months | Current |
| Bajrang Lal Bajaj | Director | 21 May 2019 | 7 Years 5 Months | Current |
| Namrata Gupta Also directs: RKG Laminates Private Limited | Director | 21 May 2019 | 7 Years 5 Months | Current |
Peer Comparison of Dhanuka Agritech Limited
Dhanuka Agritech Limited is compared with the companies closest to it by revenue in the Agriculture industry (Agritech, Pesticides). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rallis India Limited Listed | ₹2,694.66 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Adama India Private Limited | ₹2,509.85 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Medchal Malkajgiri, Telangana, India |
| Bayer Vapi Private Limited | ₹2,200.3 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Vapi, Gujarat, India |
| Meghmani Organics Limited Listed | ₹2,123.62 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Ahmedabad, Gujarat, India |
| Willowood Chemicals Limited | ₹2,111.28 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Kolkata, West Bengal, India |
| Dhanuka Agritech Limited this company | ₹2,019.79 Cr (FY 2026) | •••• | •••• | -0.8% | •••• | Gurgaon, Haryana, India |
| Insecticides (India) Limited Listed | ₹2,006.95 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Delhi, India |
| Safex Chemicals ( India) Limited | ₹1,605.82 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Delhi, India |
| Krishi Rasayan Exports Pvt.Ltd. | ₹1,596.3 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| Heranba Industries Limited Listed | ₹1,417.31 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Vapi, Gujarat, India |
| GSP Crop Science Limited | ₹1,301.06 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Dhanuka Agritech by revenue in the Agriculture industry (Agritech, Pesticides), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Dhanuka Agritech Limited
Dhanuka Agritech Limited is audited by S.S. KOTHARI MEHTA & COMPANY LLP for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.S. KOTHARI MEHTA & COMPANY LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Shareholding Pattern of Dhanuka Agritech Limited
Shareholding for the quarter ended Sep 2026: promoters hold 69.80%, foreign institutional investors hold 1.60%, domestic institutional investors hold 18.80% and retail and other public shareholders hold 9.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 69.80% | 69.70% | 69.70% | 69.70% |
| Public | 30.20% | 30.30% | 30.30% | 30.30% |
Charges & Borrowings of Dhanuka Agritech Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jun 2015 | Hdfc Bank Limited | ₹30 Cr | Open |
| 19 Feb 2015 | The Hongkong and Shanghai Banking Corporation Limited | ₹33.35 Cr | Open |
| 26 Dec 2024 | The Hongkong and Shanghai Banking Corporation Limited | ₹50 Cr | Satisfied |
| 16 Sep 2010 | Hdfc Bank Limited | ₹6.6 Cr | Satisfied |
| 20 May 2010 | State Bank of India-Lead Bank | ₹100.56 Cr | Satisfied |
Total charge records: 16 View all charges
Deals & Funding of Dhanuka Agritech Limited
Dhanuka Agritech Limited has 32 deals on record (25 market trades, 6 secondary share transfers, 1 funding round), with disclosed funding of ₹33.91 Cr; the latest was in September 2024.
Deals on record (5 of 32)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Market trade | ₹10.9 Cr | Buyer: A.M. Bros. Fintrade Private Limited Seller: an individual |
| Sep 2014 | Market trade | ₹12.42 Cr | Buyer: Dhanuka Finvest Private Limited Seller: an individual |
| Sep 2014 | Market trade | ₹13.66 Cr | Buyer: Dhanuka Finvest Private Limited Seller: an individual |
| Sep 2014 | Market trade | ₹10 Cr | Buyer: Dhanuka Finvest Private Limited Seller: an individual |
| Jul 2014 | Market trade | ₹14.08 Cr | Buyer: Dhanuka Finvest Private Limited Seller: an individual |
Full deal history
All 32 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Dhanuka Agritech Limited
Dhanuka Agritech Limited has 519 court cases on record: 407 filed by Dhanuka Agritech, 61 filed against it, 51 where it is another party. 95 cases are pending and 424 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 434 | 39 | 74 |
| High courts | 83 | 21 | 20 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 519)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (FAO (COMM)) | Filed against the company by Srikar Biotech Private Limited | Pending |
| High Court of Delhi | Court case (RFA(COMM)) | Filed against the company by Oracle India Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Agrim Wholesale Private Limited | Pending |
| District court, Rangareddy, Telangana | Court case (COS) | Filed by the company against Agastya Agro Limited | Pending |
| District court, Rangareddy, Telangana | Court case (COS) | Filed by the company against Srikar Biotech Private Limited | Pending |
Full case history
All 519 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Dhanuka Agritech Limited
Dhanuka Agritech Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 157 overdue payments to 75 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 75)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rainbow India Packaging | •••• | •••• | •••• |
| Flexibond Industries Private Limited | •••• | •••• | •••• |
| R3 Crop Care Private Limited | •••• | •••• | •••• |
| Seap Lamipack Private Limited | •••• | •••• | •••• |
| Sharan Enterprises Pvt Ltd | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Dhanuka Agritech Limited
Dhanuka Agritech Limited has a workforce of 1,077 employees as of Oct 09, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Dhanuka Agritech Limited
Dhanuka Agritech has 1 subsidiary company. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Dhanuka Chemicals Private Limited | U24110DL2021PTC382502 | - |
Showing major subsidiaries. Total: 1.
Recent Activity on Dhanuka Agritech Limited
Dhanuka Agritech Limited has 53 board changes on record since 1985: 32 appointments and 21 cessations. The latest: Sanjiv Goel was appointed as Director on 05 Feb 2026.
81 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Dhanuka Agritech Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dhanuka Agritech Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Dhanuka Agritech Limited
Dhanuka Agritech has 25 GST registrations: 21 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACD0105G1ZH | Haryana | Active | 01 Jul 2017 |
| 06AAACD0105G2ZG | Haryana | Active | 01 Mar 2025 |
| 03AAACD0105G1ZN | Punjab | Active | 01 Jul 2017 |
| 05AAACD0105G1ZJ | Uttarakhand | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dhanuka Agritech Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Dhanuka Agritech Limited
Articles about Dhanuka Agritech Limited on our blog
Frequently Asked Questions about Dhanuka Agritech Limited
Dhanuka Agritech is an active public limited company based in Gurgaon, Haryana, India. The company works in agritech, within the agriculture industry. It was incorporated on 13 February 1985 (41+ years old) and is registered under CIN L24219HR1985PLC122802. Listed on BSE: 507717 and NSE: DHANUKA.
Dhanuka Agritech reported revenue of ₹2,019.79 Cr for FY 2025-26 (down 0.8% YoY) based on standalone financials.
Dhanuka Agritech has 10 current directors:
- Rahul Dhanuka - Managing Director
- Ashish Saraf - Whole-Time Director
- Mahendra Kumar Dhanuka - Whole-Time Director
- Harsh Dhanuka - Whole-Time Director
- Sanjay Saxena - Director
- Bajrang Lal Bajaj - Director
- Namrata Gupta - Director
- Manish Dhanuka - Director
- Sanjiv Goel - Director
- Satish Kumar Gupta - Director
The GSTIN of Dhanuka Agritech is 06AAACD0105G1ZH, registered in Haryana. The company has 25 GST registrations in all, of which 21 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAACD0105G2ZG (Haryana), 03AAACD0105G1ZN (Punjab), 05AAACD0105G1ZJ (Uttarakhand).
The CIN (Corporate Identification Number) of Dhanuka Agritech is L24219HR1985PLC122802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Dhanuka Agritech is listed on both BSE (code: 507717) and NSE (symbol: DHANUKA).
Dhanuka Agritech has 519 court cases on record: 407 filed by the company and 61 filed against it. 95 are pending. Most are in the district courts.
Dhanuka Agritech was incorporated on 13 February 1985, making it 41+ years old. It is registered with the Registrar of Companies, Haryana.
Dhanuka Agritech has 32 deals on record (25 market trades, 6 secondary share transfers, 1 funding round), with disclosed funding of ₹33.91 Cr; the latest was in September 2024.
The peers of Dhanuka Agritech by revenue are Rallis India Limited, Adama India Private Limited, Bayer Vapi Private Limited, Meghmani Organics Limited, Willowood Chemicals Limited and 5 more, all in the Agriculture industry (Agritech, Pesticides).
Sanjiv Goel was appointed as Director on 05 Feb 2026. Siraj Azmat Chaudhry ceased to be Director on 22 Jul 2025. Ram Gopal Agarwal ceased to be Whole-Time Director on 03 Aug 2024. Dhanuka Agritech has 53 board changes on record in total.
Dhanuka Agritech has 8 MSME Form 1 returns on record between 2019 and 2023, listing 157 overdue payments to 75 micro and small suppliers. The latest return was filed on 31 Aug 2023.