NSE: DHANUKA | BSE: 507717

Mid-range Performer

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1591.30 -13.10 (-0.82%)

45.72% Gain from 52W Low

14,264 NSE+BSE Volume

NSE 08 Sep, 2025 1:35 PM (IST)

7,173.3

Market Cap

High in industry

1.0

Beta 1Year

Average volatility

Dhanuka Agritech Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for DHANUKA, BSE:507717 Dhanuka Agritech Ltd.

Dhanuka Agritech Ltd.

23 May 2022

1591.30

-0.82%

DHANUKA AGRITECH LTD

Buy: Dhanuka Agritech Ltd.

Prabhudas Lilladhar

Dhanuka Agritech Ltd. has an average target of 1885.67 from 3 brokers.

Dhanuka Agritech Ltd.

02 Feb 2022

1591.30

-0.82%

DHANUKA AGRITECH LTD

Buy: Dhanuka Agritech Ltd.

Recommendation Target

Prabhudas Lilladhar

Dhanuka Agritech (DAGRI) reported decent set of numbers despite headwinds in domestic market led by unseasonal rains and lower pest infestations during the quarter. It reported Revenue/EBITDA/PAT growth of 21%/10%/6% YoY during 3QFY22 which was in-line with our estimates. Key highlights are: (a) volume and price growth of 18% and 3% YoY respectively...

Dhanuka Agritech Ltd. has an average target of 1885.67 from 3 brokers.

Dhanuka Agritech Ltd.

02 Aug 2021

1591.30

-0.82%

Result Update:Dhanuka Agritech

Buy: Dhanuka Agritech Ltd.

Target

Axis Direct

We downgrade rating from BUY to HOLD in light of 1) Higher channel inventory and raw material inflation, 2) Inability to pass on RM prices to consumers, and 3) Below-normal monsoon. We value DAGRI at 17x FY24E EPS to arrive at TP of Rs 940/share (previous Rs 1010/share).

Dhanuka Agritech Ltd. has gained 37.55% in the last 6 Months

Dhanuka Agritech Ltd.

31 Jul 2021

1591.30

-0.82%

Q1FY22 Result Update - Inline results, muted guidance - HOLD

Hold: Dhanuka Agritech Ltd.

Recommendation Target

Prabhudas Lilladhar

Dhanuka Agritech reported largely inline set of results. 3% decline in revenue to Rs 3.6 bn (PLe Rs 3.4 bn) was driven by slower offtake in North (down 12%) & East (down 3%). Gross margin contracted by 54 bps to 33.7% (PLe 36%) due to high cost inventory and difficulty to pass on input cost inflation due to low demand as a result of deficit rainfall. DAGRI has robust pipeline of 10 new products will drive growth for the next 2 years. The company has also started working on its technical manufacturing plant at Dahej for backward...

Dhanuka Agritech Ltd. has an average target of 1885.67 from 3 brokers.

Dhanuka Agritech Ltd.

31 May 2021

1591.30

-0.82%

Pick of the Week:31 MAY 2021

Buy: Dhanuka Agritech Ltd.

Axis Direct

We recommend BUY with TP of Rs. 1,010/share.

Dhanuka Agritech Ltd. has gained 37.55% in the last 6 Months

Dhanuka Agritech Ltd.

24 May 2021

1591.30

-0.82%

Result Update:Dhanuka Agritech

Buy: Dhanuka Agritech Ltd.

Target

Axis Direct

We revise our estimates and value DAGRI at 19x PE its FY23E EPSwith a Target Price of Rs 1010/share. Maintain BUY.

Dhanuka Agritech Ltd. is trading below its 30 day SMA of 1652.3

Dhanuka Agritech Ltd.

05 Mar 2021

1591.30

-0.82%

Monthly Update - Fertiliser sales takes a breather in February

Buy: Dhanuka Agritech Ltd.

Recommendation Target

Prabhudas Lilladhar

We maintain reduce rating (TP- Rs 676) on CRIN due to capacity constraints in NPK and likely headwinds on the raw material side starting 4Q. We are positive on Urea companies given healthy volumes and significantly lower...

Dhanuka Agritech Ltd. is trading above its 200 day SMA of 1498.7

Dhanuka Agritech Ltd.

03 Feb 2021

1591.30

-0.82%

Result Update:Dhanuka Agritech

Buy: Dhanuka Agritech Ltd.

Axis Direct

Maintain BUY with unchanged TP of Rs. 880 on the stock as we continue to value DAGRI at 17x FY23E EPS.

Dhanuka Agritech Ltd. has gained 37.55% in the last 6 Months

Dhanuka Agritech Ltd.

02 Feb 2021

1591.30

-0.82%

Q3FY21 Result Update - Better sales mix drive profitability - Upgrade to 'BUY'

Accumulate: Dhanuka Agritech Ltd.

Target

Prabhudas Lilladhar

We upgrade DAGRI to BUY (from Accumulate) with revised target price of Rs 953 (Previous 868) based on 18x FY23 EPS of Rs 53 as we roll forward to FY23 estimates. We have also increased our PAT estimates for FY21-23 by 4-5%. DAGRI reported better than expected EBITDA growth of 46% to Rs 502 mn (PLe Rs 405 mn) driven by better sales mix and sharp growth in fungicides segment. Q4 is expected to be another good quarter driven by demand, due to deferment of season from Q3 and low base effect due to lockdown in Q4....

Dhanuka Agritech Ltd. is trading below its 30 day SMA of 1652.3

Dhanuka Agritech Ltd.

01 Dec 2020

1591.30

-0.82%

Pick of the Week:01 DEC 2020

Buy: Dhanuka Agritech Ltd.

Axis Direct

Dhanuka Agritech Limited (DAGRI) is a leading agrochemical company in India catering to the domestic crop protection market in collaboration with the world's seven leading agrochemical Companies. Its collaborations with MNCs from US, Japan and Europe helps it introduce the latest technology in Ind..

Dhanuka Agritech Ltd. is trading above its 200 day SMA of 1498.7

Is Dhanuka Agritech Ltd. worth buying?

125 Votes:

Buy 80.0%

Sell 8.0%

Hold 12.0%

RESEARCH REPORTS

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