Dhanuka Agritech Share Price

Dhanuka Agritech Limited is a leading agrochemical company in India, primarily engaged in the manufacturing and marketing of a wide range of crop protection products. The company supplies herbicides, insecticides, fungicides, plant growth regulators, and other agrochemical inputs to farmers across India. Dhanuka Agritech operates a vast network of distributors and dealers, making it a prominent player in India’s agrochemical sector. The Dhanuka Agritech share price on the NSE and BSE is a reflection of how market participants respond to a performance and broader business developments within its industry. It captures the company’s sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries. 

Market sentiment around the Dhanuka Agritech stock price often mirrors shifts in agricultural demand, southwest monsoon performance, and investor views on the agrochemical sector’s growth prospects. Factors such as the pace of new product launches, competitive intensity from other agrochemical manufacturers, raw material price fluctuations, and government policies on pesticide usage influence near-term market valuation and medium-term earnings forecasts. All these factors must be closely monitored to have an idea about the Dhanuka Agritech stock price movements. 

Dhanuka Agritech live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant monitoring of Dhanuka Agritech live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market. 

Furthermore, monitoring the Dhanuka Agritech share price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook. 

Dhanuka Agritech Limited Company Fundamentals 

a. Company Background 

Dhanuka Agritech Limited was incorporated in 1985. The company’s registered office is located in Gurugram, Haryana. Dhanuka Agritech Limited (formerly Dhanuka Pesticides Ltd) is an India-based agricultural inputs company. The company manufactures a wide range of agrochemical formulations such as herbicides, insecticides, fungicides, and plant growth regulators under various forms – liquid, dust, powder, and granules. The company’s registered office is situated at 2nd Floor, Meher House, 15, Shivaji Marg, New Delhi. However, the corporate office is located in Gurugram. The company was founded by Dr. R.G. Agarwal. Dhanuka Agritech’s primary activity involves the manufacturing and marketing of crop protection products to farmers through a pan-India distribution network. It initially focused on building a strong foothold in the domestic agrochemical market before gradually expanding its product portfolio. Over the years, Dhanuka Agritech has significantly expanded its product portfolio and distribution footprint. It operates in a competitive environment, with pricing and distribution governed by market forces and regulatory frameworks. The company has consistently focused on enhancing its product quality and farmer relationships to meet the growing demand for agrochemicals in India. 

b. Product Lines 

• Herbicides for weed control in various crops including rice, wheat, sugarcane, cotton, and vegetables 

• Insecticides for pest control across multiple crop segments 

• Fungicides for disease management in crops including fruits, vegetables, and cereals 

• Plant growth regulators (PGRs) for enhancing crop yield and quality 

• Granules, liquid formulations, dust powders for diverse agricultural applications 

• Agrochemical products in the form of liquid, dust, powder, and granules 

• Specialty products for niche crops and applications 

• Household insecticides for consumer use (non-agri segment) 

• Products for institutional and government supply (subsidised inputs) 

c. Company Revenue Model 

• Primary revenue from the manufacturing and marketing of agrochemical products, including herbicides, insecticides, fungicides, and plant growth regulators 

• Volume-driven revenue based on quantity of agrochemical formulations sold across agricultural seasons (Kharif and Rabi) 

• Pricing determined by raw material costs (technical grade pesticides), product formulation, brand value, and market demand 

• Revenue from both domestic Indian market serving farmers across the country and select export markets 

• Expanding product portfolio and distribution network contributing to new revenue streams through new product launches 

• Focus on increasing share of value-added products including patented formulations and specialty products to drive better margins 

• Revenue from institutional sales to government agencies for subsidized distribution 

• Raw material price fluctuations and monsoon variability influencing revenue stability 

• Government policies on pesticide regulation and minimum support prices (MSP) influencing revenue stability 

d. Geographic Presence 

• Headquartered in Gurugram, Haryana with corporate office at 2nd Floor, Meher House, 15, Shivaji Marg, New Delhi 

• Warehouses/distribution hubs across India including Silvassa, Baddi, Guwahati, Kolkata, and other strategic locations 

• Strong domestic market presence across India through a pan-India network of distributors and dealers 

• Focus on expanding into new geographical areas across India through enhanced distribution reach 

e. Key Milestones 

• 1985: Incorporated as Dhanuka Pesticides Ltd 

• 2006: Acquired new formulation unit at Silvassa with an investment of Rs 7.5 crore 

• 2010: Opened new formulations unit at Sanand (Gujarat) with an investment of Rs 75 crore 

• 2012: Company changed name from Dhanuka Pesticides Ltd to Dhanuka Agritech Ltd 

• 2025: Reported revenue of ₹2,035 crore for FY2025, up 16% YoY, with operating profit at ₹417 crore, up 28% YoY 

• 2026: Targeting 14-15% revenue growth in FY2026 on strong monsoon outlook 

f. Industry Perspective 

Dhanuka Agritech Limited operates in the agrochemical (crop protection) industry, which is part of India’s agricultural inputs sector. Globally, the agrochemical market continues to expand with the Asia-Pacific region being the largest and fastest-growing market. In India, the agrochemical sector is poised for substantial growth. According to industry reports, the Indian agrochemical market is valued at approximately USD 8-10 billion and is projected to grow at a CAGR of 8-10% from 2025 to 2030. India is the fourth largest producer of agrochemicals globally, after USA, Japan, and China. The domestic market accounts for approximately 50-60% of total production, with exports comprising the remainder. The herbicide segment is the largest, accounting for 40-45% of the market. Demand is driven by government initiatives like the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), minimum support prices (MSP) for crops, increasing food grain production targets, and the need for higher crop yields to feed a growing population. The southwest monsoon performance is a key demand driver, with 70% of Indian agriculture dependent on rains. Key challenges include raw material price volatility (technical grade pesticides), intense competition from domestic and international players, regulatory changes in pesticide registration, and residue limits in export markets. 

Dhanuka Agritech Limited Stock Market Presence: Listings & Index Representation 

Dhanuka Agritech is actively traded on India’s principal equity markets, with its shares listed on the National Stock Exchange of India (NSE) under the symbol DHANUKA and on the Bombay Stock Exchange (BSE) with the scrip code 507717. Its listing on both exchanges ensures that the Dhanuka Agritech price is accessible to a wide investor base, encompassing both retail and institutional market participants. The company forms part of several benchmark indices that represent broad market segments. Dhanuka Agritech is included in BSE SmallCap, BSE Commodities, and BSE AllCap indices. Being represented in indices enhances the visibility and liquidity of the Dhanuka Agritech price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India’s agrochemical landscape. The inclusion of Dhanuka Agritech in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the Dhanuka Agritech price to corporate and industry developments. The company’s ISIN code is INE435A01028 and face value is ₹2 per share. 

Dhanuka Agritech Limited Stock Performance and Share Price History 

The Dhanuka Agritech price has exhibited significant volatility over the past decade, shaped by the company’s operations in India’s agrochemical sector and broader agricultural industry cycles. The Dhanuka Agritech share price recorded a total return of approximately -28.3% over the last 1 year, -41.5% over the last 3 years, and -24.7% over the last 5 years, underperforming the BSE Commodities index’s 12.5%, 12.6%, and 17.7% returns respectively over the same periods. The Dhanuka Agritech share price reached a 52-week high of ₹1,679.70 and a 52-week low of ₹960.55, indicating a wide trading range and substantial price fluctuations. The Dhanuka Agritech share price recorded a strong rally in 2019-2020, delivering substantial positive annual returns, while the subsequent period has seen the Dhanuka Agritech stock price moderate and correct from its peak levels. The Dhanuka Agritech share price has shown a 1-month return of approximately -2.8% and a 3-month return of -17.8% as of February 2026, indicating recent consolidation. 

The Dhanuka Agritech price has been particularly responsive to quarterly earnings releases and corporate announcements. When the company reported a 28% year-on-year growth in operating profit to ₹417 crore in FY2025 and a 14-15% revenue growth target for FY26, the Dhanuka Agritech stock price showed a positive reaction. The Dhanuka Agritech price has shown a pattern of strong positive momentum in years when the company’s product launches and distribution expansion exceeded expectations, while periods of earnings moderation or concerns over raw material costs have contributed to consolidation in the Dhanuka Agritech price. Corporate developments, including strategic announcements such as the targeting of 14-15% revenue growth in FY26, new product launches, and the company’s focus on expanding into new geographies, have also influenced short-term fluctuations in the Dhanuka Agritech share price. The Dhanuka Agritech share price has shown a 1-year return of approximately -28.3% as of April 2026, reflecting the significant correction from its 2021 highs. The Dhanuka Agritech share price has shown a 10-year aggregate net profit that has grown, reflecting the company’s sustained profitability over the long term. The Dhanuka Agritech share price reached its 52-week high of ₹1,679.70 before declining to its 52-week low of ₹960.55, reflecting the volatility inherent in the agrochemical space. The Dhanuka Agritech share price has shown a year-to-date return of approximately -15.2% as of April 2026, indicating continued pressure in the current fiscal year. Comprehending these patterns in the Dhanuka Agritech price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the Dhanuka Agritech price movements illustrate how industry fundamentals, raw material price cycles, and investor expectations converge in market pricing. 

The Dhanuka Agritech share price has shown distinct seasonal patterns over the past decade. The best performing year historically was 2020-2021 with strong positive returns, while the worst year was 2024-2025 with significant declines. In terms of annual performance, the Dhanuka Agritech share price delivered a 1-year return of -28.3%, a 3-year return of -41.5%, and a 5-year return of -24.7%. The Dhanuka Agritech share price has demonstrated that the stock tends to perform better in periods of normal/above-normal monsoon and supportive government policies on agriculture, while underperforming during phases of raw material volatility and weak monsoon. The Dhanuka Agritech stock price has shown a 3-year total return of -41.5%, indicating the challenges faced in the agrochemical sector in recent years. The Dhanuka Agritech stock price continues to trade at a significant discount from its 52-week high of ₹1,679.70, standing at around ₹1,050-1,200 levels as of April 2026. 

Dhanuka Agritech Limited Investor Relevance and Role in Portfolio 

Dhanuka Agritech holds a significant position for portfolio investors who seek exposure to India’s agricultural sector with a focus on crop protection products. The company’s presence in the agrochemical market aligns it with investment strategies that value agricultural development, food security, and the shift from traditional to modern farming practices. The Dhanuka Agritech share price often mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor monsoon patterns, raw material costs, and government policies when evaluating allocation decisions. 

Institutional stakeholders play a significant role in Dhanuka Agritech’s ownership profile. As of December 2025, Promoters hold 69.71% of the company. Mutual funds hold 14.37% of the company. Key mutual fund holders include DSP Small Cap Fund, DSP Midcap Fund, Kotak Small Cap Fund, HDFC Mid-Cap Opportunities Fund, and Nippon India Small Cap Fund. Foreign Institutional Investors (FIIs) hold 1.79% of the company, while Domestic Institutional Investors (DIIs) hold 0.12% of the company. Institutional investors as a whole hold 16.28% of the company as of December 2025. Retail and other shareholders hold approximately 14.01% of the company. These investors represent a blend of domestic and limited international perspectives that contribute to the stock’s market liquidity and visibility within broader investment frameworks. 

Based on data, Dhanuka Agritech exhibits varying levels of beta and volatility across different measurement periods. Based on data, the long-term beta (1-year) stands at approximately 1.27-1.40, indicating that the stock is generally more volatile than the broader market over an extended period. Based on data, the daily-one month beta shows moderate correlation, while the daily-three month beta indicates moderate sensitivity. Based on data, the weekly-one year beta shows higher-than-market sensitivity in short-term trading. Based on data, the weekly-two year beta shows moderate correlation, and the 2 week-two year range beta is also moderate. Based on data, the monthly-two year beta continues to show moderate correlation. Supporting statistics include mean values across different periods and standard deviations indicating moderate variability. The stock’s beta is 1.40. Overall, the Dhanuka Agritech stock price demonstrates a moderate-to-high volatility profile with beta values suggesting the stock tends to move with greater sensitivity to broader market direction over certain time frames. 

The Dhanuka Agritech share price has shown periods of heightened responsiveness to sector-specific news and quarterly earnings releases. The Dhanuka Agritech stock price’s beta reflects that the company’s established brand relationships and distribution network may provide some stability, though the agrochemical sector remains sensitive to raw material price fluctuations and monsoon variability. 

Dhanuka Agritech Limited Sectoral Relevance and Peer Positioning 

The sector relevance of Dhanuka Agritech is anchored in its role within the broader Indian agrochemical industry, where it competes with other crop protection product manufacturers. As part of this industry, the company’s strategic positioning connects herbicides, insecticides, fungicides, and plant growth regulators to farmers across India. Competitors in the agrochemical segment include companies such as UPL Limited, Rallis India Limited, Insecticides (India) Limited, PI Industries Limited, Bayer CropScience Limited, Dhanuka Agritech, and other domestic and international players. Firms with parallels in either product range or distribution reach are often referenced when evaluating relative performance and operational positioning within the sector. 

In valuation terms, factors like the Dhanuka Agritech P/E ratio have shown variations over different periods. The current P/E ratio stands at approximately 27.6-28.0 across different sources, while the industry P/E stands at approximately 35-40. Periods when investors perceived improvements in profitability or earnings sustainability have corresponded with expansion in valuation multiples, whereas phases of moderation in earnings momentum or industry cyclicality have seen valuation contraction. 

Similarly, Dhanuka Agritech EPS has shown variation according to how operational performance aligns with industry demand cycles and cost structures. Structural gains from new product introductions and distribution expansion supported directional improvement in earnings per share during favourable conditions, while cyclical headwinds from raw material price volatility and competitive pressures have moderated EPS momentum. Dhanuka Agritech earnings have shown a trajectory that responded to both volume growth and margin pressures over the analysed period. The diluted EPS has shown growth, with EPS of ₹65.88 in FY2025 and ₹33.16 in H1 FY26. 

Dhanuka Agritech market cap has fluctuated in line with investor perceptions of the company’s growth potential in a competitive and evolving agrochemical market. Over years, the Dhanuka Agritech market cap has followed a pattern of growth followed by moderation. The market cap increased from approximately ₹7,000-8,000 crore in 2021 to current levels of ₹5,500-6,000 crore as of April 2026. This fluctuation mirrors the trend in the Dhanuka Agritech share price and the broader performance of the agrochemical sector relative to broader market indices. 

Dhanuka Agritech earnings over the past several years have been characterised by a period of growth followed by recent moderation. Total revenue increased from ₹1,585 crore in FY2021 to ₹2,035 crore in FY2025, representing a 5-year CAGR of approximately 8-10%. Profit After Tax increased from ₹152 crore in FY2021 to ₹206 crore in FY2024, showing growth, but declined in FY2025 to approximately ₹186-190 crore. For the half year ended September 2025, revenue was ₹1,126 crore, marginally lower by 1.9% YoY, with net profit of ₹149 crore, down 10.2% YoY. For the quarter ended December 2025, net sales were ₹409.92 crore, down 7.94% YoY. 

Dhanuka Agritech EPS has shown variation over the past decade. The diluted EPS stood at ₹65.88 in FY2025, with H1 FY26 EPS at ₹33.16. The EPS growth rate has shown significant variation, with the company delivering a growth rate of 13.5% in Q1 FY26 but a decline of 20% in Q2 FY26. 

The Dhanuka Agritech P/E ratio has shown fluctuations over the available period. At the end of recent fiscal years, the P/E ratio varied, with current levels at 27.6-28.0x across different sources, while the industry P/E stands at approximately 35-40x. The mean historical P/E ratio over the last five years has been in the range of 20-35x. The current P/E ratio compared to the historical average reflects that investor expectations are adjusting to near-term earnings headwinds. The Dhanuka Agritech share price has been influenced by these valuation metrics. The Dhanuka Agritech stock price continues to be evaluated in the context of its earnings potential and market position. 

Summary 

Dhanuka Agritech Limited is a leading agrochemical manufacturer listed on both the NSE and BSE, where the Dhanuka Agritech share price reflects agricultural demand cycles, monsoon patterns, and raw material costs within the agrochemical sector. Its representation on stock exchanges supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader agricultural input industry themes. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in India’s crop protection market.