India's Richest People 2026 edition · 1 director · Source: Hurun India
- #472 MK Dhanuka & family ₹7,400 Cr
Market Cap
₹3,794 Cr
DHANUKA · NSE
Share Price
₹858.10
+0.82% today
Revenue
₹2,035 Cr
FY 2024-25 · +15.7% YoY
EBITDA
₹417 Cr
Margin 20.5%
Net Profit
₹292 Cr
FY 2024-25 · +22.8% YoY
P/E (TTM)
13.2x
P/B 2.7x
ROE
22.3%
ROCE 28.4%
Debt / Equity
0.04
Interest cover 1.4x
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. It is a listed company as per MCA records. 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 2026. 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 894 cases involving the company, including 769 filed by the company and 125 filed against it; 287 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 9 peer companies in the Agriculture industry (Agritech, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 5 smaller; the largest is Adama India Private Limited with revenue of ₹2,509.85 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.
Company details
CIN L24219HR1985PLC122802
Registration Number 122802
Incorporation Date 13 February 1985
ROC Haryana
Listing Status Listed - Listed on NSE (DHANUKA); Listed on BSE (507717)
Company Status Active
Date of Last AGM 01 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
CIN history
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 |
Key People
Rahul Dhanuka Managing Director Ashish Saraf Whole-Time Director Mahendra Kumar Dhanuka Whole-Time Director Recognitions & Rankings of Dhanuka Agritech
Contact details
Dhanuka Agritech Limited's registered office is in Gurgaon, Haryana. Its website is dhanuka.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGlobal Gateway Towers, Near Guru Dronacharya Metro Station, Gurgaon, Haryana, India – 122002
- IndustryAgriculture, AgriTech
To see the full contact details of Dhanuka Agritech Limited, buy the company report.
Comprehensive company report
Dhanuka Agritech Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Dhanuka Agritech Limited, buy the company report.
Financials of Dhanuka Agritech Limited
FY 2025-26 filings availableDhanuka Agritech Limited reported revenue of ₹2,019.79 Cr (down 0.8% YoY) for FY 2025-26.
Financial Highlights
FY 2024-25 · ConsolidatedRevenue
₹2,035 Cr
+15.7% YoY
EBITDA
₹417 Cr
+27.2% YoY
Profit After Tax
₹292 Cr
+22.8% YoY
Net Worth
₹1,403 Cr
+11.7% YoY
Total Assets
₹1,494 Cr
+14.9% YoY
Total Debt
₹74.23 Cr
+175.1% YoY
Revenue 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
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| 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 |
To see the full year-wise statements and ratios of Dhanuka Agritech Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Saxena Also directs: Total Synergy Consulting Private Limited | Director | 22 May 2018 | 8 Years 5 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 |
Showing 6 of 10 current directors. View all directors
Peer comparison
Dhanuka Agritech Limited is compared with the 9 companies closest to it by revenue in the Agriculture industry (Agritech, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 | ₹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 Limitedthis company | ₹2,019.79 Cr (FY 2026) | ₹284.68 Cr | 14.1% | -0.8% | 1,077 | Gurgaon, Haryana, India |
| Insecticides (India) Limited | ₹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 | ₹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 |
To see the full peer comparison of Dhanuka Agritech Limited, buy the company report.
Auditor
Dhanuka Agritech Limited is audited by S.S. KOTHARI MEHTA & COMPANY LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.S. KOTHARI MEHTA & COMPANY LLP | FY 2025 | 000756N |
Shareholding
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
QUARTER
69.80% Promoters
18.80% DII (Domestic Institutional)
1.60% FII (Foreign Institutional)
9.80% Retail & Others
Promoter holding - history
Now 69.80% · Sep 2026High 69.80% · Sep 2026Low 69.70% · Dec 2025
Shareholding trend - last 6 quarters
| 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
Open charges
₹63.35 Cr
Satisfied charges
₹404.44 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2015 | 10591683 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 19 Feb 2015 | 10589623 | The Hongkong and Shanghai Banking Corporation Limited | ₹33.35 Cr | Open | |
| 26 Dec 2024 | 101029750 | The Hongkong and Shanghai Banking Corporation Limited | ₹50 Cr | Satisfied | |
| 16 Sep 2010 | 10243723 | Hdfc Bank Limited | ₹6.6 Cr | Satisfied | |
| 20 May 2010 | 10228477 | State Bank of India-Lead Bank | ₹100.56 Cr | Satisfied |
To see the full charge records of Dhanuka Agritech Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
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.
Total deals
32
Market trades
25
Secondary share transfers
6
Funding round
1
Disclosed funding
₹33.91 Cr
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 |
To see the full deal history of Dhanuka Agritech Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dhanuka Agritech Limited has 894 court cases on record: 769 filed by Dhanuka Agritech, 125 filed against it. 287 cases are pending and 607 are disposed.
Total cases
894
Filed by the company
769
Filed against the company
125
Pending
287
Disposed
607
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 800 | 89 | 265 |
| High courts | 90 | 34 | 21 |
| Supreme Court | 3 | 2 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 894)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (FAO (COMM)) | Filed against the company by Srikar Biotech Pvt Ltd | Pending |
| High Court of Delhi | Court case (RFA(COMM)) | Filed against the company by Oracle India Private Limited | Pending |
| Supreme Court | Court case | Filed against the company by Iotechworld Avigation Private Limited. | Pending |
| District court, Rangareddy, Telangana | Court case (COS) | Filed by the company against BSH Agritech Private Limited and 1 other | Pending |
| District court, Rangareddy, Telangana | Court case (COS) | Filed by the company against Agastya Agro Limited | Pending |
To see the full case history of Dhanuka Agritech Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Dhanuka Agritech Limited was last rated by Icra on 06 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 06 Sep 2021 |
To see the full credit ratings and regulatory alerts of Dhanuka Agritech Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Dhanuka Agritech Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
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.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Dhanuka Chemicals Private Limited | U24110DL2021PTC382502 |
To see the full group structure of Dhanuka Agritech Limited, buy the company report.
Employees & EPFO
Dhanuka Agritech Limited has a workforce of 1,077 employees on its EPFO records as of Oct 09, 2025, across 2 active EPFO establishments.
Employee count
1,077
Active EPFO establishments
2
Employee growth
8.24%
GST
Dhanuka Agritech has 25 GST registrations: 21 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
25
Active
21
Cancelled / inactive
4
| 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 |
To see the full GST registrations and return filing status of Dhanuka Agritech Limited, buy the company report.
Recent activity
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.
Filing
Dhanuka Agritech Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Haryana.
Appointed
Sanjiv Goel was appointed as Director.
AGM
Dhanuka Agritech Limited last Annual general meeting of members was held on 01 Aug 2025 as per latest MCA records.
Ceased
Siraj Azmat Chaudhry ceased to be Director.
Charges
A charge registered on 26 Dec 2024 via Charge ID 101029750 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 08 Jul 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 50.00 Cr with Charge ID 101029750 was registered on 26 Dec 2024.
Ceased
Ram Gopal Agarwal ceased to be Whole-Time Director.
Ceased
Priya Brat ceased to be Director.
Ceased
Vinod Kumar Jain ceased to be Director.
Appointed
Satish Kumar Gupta was appointed as Director.
Appointed
Manish Dhanuka was appointed as Director.
Ceased
Mridul Dhanuka ceased to be Director.
81 earlier events are in the company report.
News
From our blog
Frequently asked questions
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 latest financial statements of Dhanuka Agritech on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 August 2025. Year-wise statements from 2015 are in the company report.
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 a listed company as per MCA records. Its shares are listed on both BSE (code: 507717) and NSE (symbol: DHANUKA).
Dhanuka Agritech has 894 court cases on record: 769 filed by the company and 125 filed against it. 287 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 Adama India Private Limited, Bayer Vapi Private Limited, Meghmani Organics Limited, Willowood Chemicals Limited, Insecticides (India) Limited and 4 more, all in the Agriculture industry (Agritech, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
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.