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Sector: Chemicals & Petrochemicals

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Small Cap

Dharmaj Crop Guard Share Price

Dharmaj Crop Guard Ltd.

270.10

-6.35(-2.30%)
8th May 2026 | 3:28 PM
NSE : DHARMAJ
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Dharmaj Crop Guard Performance

Price Movement

₹270.10

₹260.10

₹278.05

Today's LowToday's High

1 Year Performance

₹270.10

₹203.30

₹386.50

52 Week Low52 Week High

Markets Today

High₹278.05
Low₹260.10
Open at₹277.50
Prev Close₹276.45
Volumes82.89 K
Avg Price₹268.24
Lower Circuit₹221.20
Upper Circuit₹331.70

Historical Performance

3M High₹290.00
3M Low₹221.00
1 Yr High₹386.50
1 Yr Low₹210.65
3 Yr High₹389.65
3 Yr Low₹160.05
5 Yr High₹389.65
5 Yr Low₹137.00

Dharmaj Crop Guard Fundamentals

Market Cap
Below industry Median
910.80 Cr.
PE Ratio (TTM)
Below industry Median
18.90
Dividend Yield
0
Net Profit TTM
42.3% incr over last year
48.22
Net Profit Growth
42.3% incr over last year
48.22
PEG Ratio
Above industry Median
0.40
ROE
29% decr over last year
8.82
Operating Revenue TTM
1,114.11
Operating Revenue Growth
30.0% incr over last year
Book Value
Below industry Median
2
MFI
MFI is mid-range
41.18
RSI
RSI is mid-range
55.47
EPS (TTM)
10.30
Debt to Equity
0.29
Face Value
10
Operating Profit Margin Qtr.
5.93
Operating Profit Qtr.
7.32
Net Profit Qtr.
0.76
Operating Revenue Qtr.
189.54
PB Ratio
2

Dharmaj Crop Guard Financials

*All values are in Rs. Cr
Loading chart...
Indicator
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Total Revenue189.54347.26367.38209.93174.51
Operating Expense182.22315.47316.65206.08165.01
Operating Profit7.3231.8050.733.859.50
Depreciation4.884.784.664.584.66
Interest4.644.503.123.973.26
Tax0.225.2111.14-0.740.36
Net Profit0.7717.3532.59-2.441.18

Dharmaj Crop Guard Technicals

Dharmaj Crop Guard Ltd. EMA & SMA

270.10

-6.35 (-2.30%)

Bullish Moving Average

13

Bearish Moving Average

3

Day EMA5 ₹270.2
Day EMA10 ₹267.6
Day EMA12 ₹266.8
Day EMA20 ₹263.9
Day EMA26 ₹261.8
Day EMA50 ₹255.7
Day EMA100 ₹254.5
Day EMA200 ₹260.3

Dharmaj Crop Guard Support and Resistance

Resistance

First Resistance₹278.33
Second Resistance₹287.17
Third Resistance₹296.28

Support

First Support₹260.38
Second Support₹251.27
Third Support₹242.43

Technical Indicators

Day RSI55.47
Day MFI41.18
Day ADX16.54
Day Commodity Channel Index12.80
William-55.41
Day MACD5.08
Day MACD Signal Line4.98
Day ATR12.36
Day ROC1251.68
Day ROC215.59

About Dharmaj Crop Guard Share Price

Dharmaj Crop Guard Limited, with its corporate operations in Ahmedabad, functions as an agrochemical manufacturing company in India . The company produces insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers, and antibiotics for crop protection. Dharmaj Crop Guard has a substantial reach with two state-of-the-art manufacturing facilities located in Gujarat, India, with an installed production capacity for formulations at one plant and for active ingredients and intermediates at another facility . The company exports its products to more than 38 countries across Latin America, East Africa, the Middle East, and Far East Asia . Dharmaj Crop Guard was incorporated in 2015 and completed its initial public offering in 2022.

Dharmaj Crop Guard share price on NSE and BSE signifies how market participants react to the company’s operational performance and the overall developments in the agrochemical sector. The company’s financial health depends on factors like agrochemical production volumes, raw material prices, demand from domestic and international markets, and the company’s ability to manage operational costs. Dharmaj Crop Guard stock price gets influenced by various factors such as earnings reports, changes in government policies regarding pesticide usage, and trends in monsoon patterns affecting crop protection demand. In the longer run, strategies such as capacity expansion, new product registrations, and export market growth affect the stock market sentiments. All these factors need monitoring to have an idea about the company’s stock price movements.

Dharmaj Crop Guard share price provides real-time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Dharmaj Crop Guard stock price movements helps in observing short term price volatility and shows how a stock moves relative to the broader agrochemical index. Furthermore, monitoring Dharmaj Crop Guard live price helps investors understand real-time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short-term performance and respond to news, quarterly results, or sector trends that may influence the company’s valuation.

Dharmaj CropGuard Fundamentals

a. Company Background

Dharmaj Crop Guard Limited is an Indian agrochemical company incorporated in 2015. The company is headquartered in Ahmedabad, Gujarat, and is engaged in the manufacturing, formulation, and marketing of crop protection chemicals. Its product portfolio includes insecticides, fungicides, herbicides, and plant growth regulators used in agriculture. The company operates both in domestic and select international markets through a distribution network of dealers and institutional partners. Dharmaj Crop Guard is a publicly listed company in India and focuses on branded agrochemical formulations along with export-oriented sales.

b. Company Product Lines

  • Crop Protection Chemicals

Insecticides, fungicides, herbicides, and plant growth regulators

Used for crop protection and yield improvement

  • Formulation Products

Branded agrochemical formulations sold in domestic and export markets

  • Bulk and Institutional Supply

Sales to institutional buyers and international distributors

c. Company Revenue Model

  • Domestic Sales

Revenue from branded agrochemical products sold through dealer networks

  • Export Sales

Income from international markets through distribution partners

  • Institutional Orders

Bulk supply contracts with agrochemical distributors and buyers

  • Seasonal Demand-Based Revenue

Revenue influenced by agricultural cycles and monsoon patterns

d. Geographic Presence

  • Headquarters
    • Located in Ahmedabad, Gujarat
  • Manufacturing Facilities
    • Production units located in Gujarat supporting formulation activities
  • Domestic Market
    • Distribution across multiple Indian states through dealer networks
  • Export Markets
    • Presence in select international agrochemical markets

e. Key Milestones

  • 2015: Company incorporated
  • 2017–2021: Expansion of product portfolio and distribution network
  • 2022: Listed on Indian stock exchanges following IPO
  • Recent Years: Expansion into export markets and increased branded product focus


f. Industry Perspective

The agrochemical industry is influenced by agricultural output cycles, monsoon conditions, and global demand for crop protection products. Growth in the sector is supported by the need to improve crop yields and ensure food security in developing economies. The industry is also shaped by regulatory frameworks governing chemical usage, environmental compliance, and product approvals. Raw material price volatility and dependence on global supply chains affect cost structures. Companies in this sector focus on expanding distribution reach, improving formulation efficiency, and diversifying product portfolios to remain competitive.

Dharmaj Crop Guard Stock Market Presence: Listings & Index Representation

Dharmaj Crop Guard Limited is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Dharmaj Crop Guard share price is available for trading on the NSE under the symbol DHARMAJ and on the BSE with the scrip code 543687 . The company’s market presence is primarily within the small-cap segment of the market . Due to its size and sector focus, Dharmaj Crop Guard stock price is generally tracked by investors interested in the agrochemical and crop protection industry.

Dharmaj Crop Guard is part of several broad-based and sector-specific stock market indices, reflecting its position as a small-cap agrochemical company in India. Dharmaj Crop Guard share price is a constituent of wider market indices such as the BSE SmallCap and BSE Commodities indices. In addition, the company is included in multiple BSE indices which capture companies across small and mid-cap segments.

Dharmaj Crop Guard Stock Performance and Share Price History

Dharmaj Crop Guard share price on NSE reflects its status as an agrochemical manufacturer with a strong focus on crop protection solutions and export markets in India. Performance gets driven by factors like agrochemical production volumes, raw material price stability, demand from domestic farmers and international customers, and the company’s ability to manage operational costs effectively. Investors compare Dharmaj Crop Guard share price today with other agrochemical companies to gauge relative performance within the sector.

These underlying factors often appear through real market movements across different periods. Broader sector strength has played a role in supporting Dharmaj Crop Guard share price. In addition to operational and sector-led factors, corporate actions such as the initial public offering can also have a significant impact on Dharmaj Crop Guard share price movements in the short term. The company completed its IPO in December 2022, with shares listing at a premium of over 15 percent against the issue price of 236 rupees per share . This shows how corporate actions can trigger short-term swings, even within a competitive agrochemical framework influenced by monsoon patterns and regulatory policies.

While short-term movements reflect events and announcements, longer-term valuation trends become visible through Dharmaj Crop Guard share price 52-week high and low, providing context beyond daily or weekly changes. The 52-week high stood at 258.9 rupees, while the 52-week low was 100.5 rupees, highlighting the significant volatility the stock has experienced . Highs indicate strong product demand and stable margins, while lows align with market corrections or sector volatility. These levels capture the impacts of government policies, monsoon patterns, and earnings visibility, providing context for the stock’s historical performance.

Dharmaj Crop Guard stock performance reflects the trading behaviour of a small-cap agrochemical company operating within India’s competitive agricultural landscape. The company’s diversified product portfolio across insecticides, fungicides, herbicides, plant growth regulators, and micro fertilizers has shaped its Dharmaj Crop Guard share price history . Over time, the stock has shown significant volatility, marked by periods of gains and phases of consolidation. The company was incorporated in 2015 and has grown from a domestic manufacturer to an exporter serving over 38 countries globally .

Dharmaj Crop Guard stock performance over time has closely followed India’s agricultural output cycles and monsoon patterns. The company provides crop protection solutions to help farmers maximize productivity and profitability . Over longer investment horizons, the stock has delivered negative returns, with a 1-year return showing a decline of over 28 percent . The stock reached a 52-week high of 258.9 rupees and a 52-week low of 100.5 rupees, reflecting the volatility inherent in the agrochemical business .

Despite the disruptions caused by the COVID-19 pandemic, Dharmaj Crop Guard shares showed resilience during the recovery phase. While the broader economy faced challenges with lockdowns and supply chain disruptions, the company’s focus on essential agricultural inputs helped the stock recover. The company’s manufacturing facilities continued to operate with necessary approvals during lockdowns, as agriculture was considered an essential service.

Dharmaj Crop Guard share price has seen decreases due to several recurring reasons. A decline in demand from domestic farmers or a slowdown in export orders directly impacts agrochemical sales and leads to selling pressure. Changes in government policy, such as alterations in pesticide regulations or changes in import duties on raw materials, can also cause the stock to fall. Furthermore, any increase in operational costs like raw material procurement costs without a matching rise in product prices squeezes the company’s margins, making the stock less attractive. Periods of economic slowdown that reduce farm incomes raise concerns about crop protection spending, leading to a drop in Dharmaj Crop Guard share price. The stock is also sensitive to weather conditions affecting agricultural output; if monsoon patterns are unfavorable, it can lead to a decrease in Dharmaj Crop Guard stock price as investors adjust expectations for demand. Broader market sell-offs in small-cap agrochemical stocks also pull the price down, regardless of the company’s individual performance. The company’s share price has declined from its 52-week high of 258.9 rupees, reflecting the broader market correction and sector-specific headwinds . A decrease in export sales or lower demand from the public health sector directly hurts the company’s revenue, resulting in a lower valuation for Dharmaj Crop Guard share price.

Dharmaj Crop Guard Investor Relevance and Role in Portfolio

Dharmaj Crop Guard is a holding in agrochemical and small-cap portfolios, offering exposure to crop protection products, insecticides, fungicides, herbicides, and plant growth regulators. Inclusion in small-cap indices underscores its importance in India’s agrochemical manufacturing space. The company’s diversified product portfolio, strong export presence across over 38 countries, and focus on product registrations make it a consideration for long-term allocations.

Dharmaj Crop Guard equity is held by a broad mix of promoters and public shareholders, reflecting its standing in India’s agrochemical sector. Promoter holding remains stable at around 73.19 percent . The company has approximately 597 employees . Other institutional investors hold nominal percentages of the company’s shares, while public and retail investors hold approximately 25.2 percent of the company’s shares . This broad investor base with significant promoter control underscores the company’s role as a holding in both domestic and global portfolios focused on agrochemical manufacturing.

Beyond fundamentals and ownership, Dharmaj Crop Guard share price is actively monitored by market participants. The stock is available for trading in the futures and options segment on the NSE, allowing investors to take positions based on their outlook for the agrochemical sector. Market participants watch derivative indicators such as open interest and rollover patterns to gauge sentiment around quarterly results and policy announcements.

Technical indicators such as RSI, MACD, and MFI provide additional insight into short-term momentum shifts in the company’s stock price. While these indicators are primarily used for near-term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements.

Dharmaj Crop Guard stock price has exhibited certain volatility patterns. Dharmaj Crop Guard beta has generally remained at levels reflecting its position as a small-cap agrochemical stock with promoter control and business fundamentals tied to agricultural cycles. Over shorter timeframes, the stock has shown relatively higher sensitivity to market movements, indicating short-term volatility. During the 3-month period, this sensitivity appears more balanced, suggesting a stable trading pattern. Across longer durations, the beta trends in a manner indicating continued correlation with overall market fluctuations. This behaviour is typical for companies in the agrochemical sector with exposure to monsoon and commodity cycles. Overall, these variations across different timeframes highlight that while Dharmaj Crop Guard may experience short-term fluctuations, its longer-term volatility remains characteristic of a small-cap agrochemical stock.

Dharmaj Crop Guard Sectoral Relevance and Peer Positioning

Dharmaj Crop Guard sector relevance stems from its scale in agrochemical manufacturing and its strong presence across insecticides, fungicides, herbicides, and plant growth regulators segments . Peer comparisons with companies like UPL Limited, Rallis India, PI Industries, Dhanuka Agritech, and Insecticides India focus on manufacturing capacity, product portfolio, distribution reach, and geographical presence rather than short-term stock moves . These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of monsoon patterns, government pesticide policies, and export demand further highlights Dharmaj Crop Guard positioning within India’s broader agrochemical manufacturing market.

Dharmaj Crop Guard market cap history shows the company’s position within the agrochemical sector. Since its IPO in December 2022, the market capitalization has fluctuated based on the company’s financial performance and export growth . The company’s focus on expanding its product registrations and export markets contributed to a re-evaluation by the market. This transition from a newly listed company to a small-cap agrochemical exporter has been a key factor in how the company’s overall valuation has evolved over time. The company currently maintains a market capitalization in the small-cap range, with a market cap of over 450 crore rupees .

Dharmaj Crop Guard earnings history demonstrates the impact of its strategic business decisions and external market conditions. The company reported total revenue of over 512 crore rupees for the financial year 2024, with profit after tax of over 35 crore rupees . For the financial year 2023, revenue stood at over 560 crore rupees with profit after tax of over 44 crore rupees . For the quarter ended December 2025, the company reported revenue of over 91 crore rupees, with profit after tax of over 2 crore rupees . The company’s net profit margin for the financial year 2024 stood at over 6.8 percent . The company’s EBITDA margin for the financial year 2024 stood at over 11.9 percent .

Dharmaj Crop Guard EPS provides insight into its operational performance and income generation from agrochemical product sales. Over the years, earnings per share have shown variation in line with the company’s business cycle and industry conditions. The company’s focus on expanding into new geographies and securing product registrations has influenced the EPS trajectory. Quarterly performance reflects the ongoing earnings from manufacturing operations, with the insecticides segment contributing significantly to the overall per-share earnings picture. The company’s basic earnings per share for the financial year 2024 was reported at 10.84 rupees .

Dharmaj Crop Guard P/E ratio reflects how investors perceive the company’s earnings relative to its business model. The company’s price-to-earnings ratio has been observed around 12 to 35 times, indicating the valuation the market assigns to the company’s earnings . This ratio has moved in response to how investors view the company’s prospects in areas like capacity expansion and export growth. The company’s P/E ratio has fluctuated based on earnings performance and market sentiment, with the ratio reported at 12.98 times on certain data and at 35.29 times on other data . These changes highlight how market sentiment has evolved alongside the company’s business transformation and expansion strategy.

Summary

Dharmaj Crop Guard Limited manufactures insecticides, fungicides, herbicides, and plant growth regulators for domestic and international agricultural customers. Dharmaj Crop Guard share price on the NSE and BSE reflects trading activity within the agrochemical manufacturing industry. The company has a notable presence in both domestic and international markets. Dharmaj Crop Guard stock price is influenced by monsoon patterns, agricultural demand, raw material costs, and broader economic factors. The company’s focus on product registrations and export expansion remains a key aspect of its business profile.

Dharmaj Crop Guard Shareholding Pattern

Held ByDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoter70.470.470.470.470.470.4
FII3.84.13.63.13.53.1
DII0.90.50.40.50.50.5
Public24.92525.52625.626

Dharmaj Crop Guard Delivery And Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume AvgDaily Avg Delivery Volume %
Day30.98 K53.6 K57.79%
Week33.59 K58.89 K57.04%
1 Month42.66 K71.67 K59.52%
6 Month32.82 K53.98 K60.80%

Dharmaj Crop Guard SWOT Analysis

Strengths17
Weakness8
Opportunity0
Threats0

MACD Crossover Above Signal Line

Growth Factor Screener: Rising returns on equity (ROE), Momentum, and Earnings Yield

Benjamin Graham Value Screen

Strong Performer, Under Radar Stocks (DVM)

Undervalued Growth Stocks

Jim Slater's Zulu Principle (Discover Growth Stocks)

Relative Outperformance versus Industry over 1 Month

PEG lower than Industry PEG

High Momentum Scores (Technical Scores greater than 50)

Relative Outperformance versus Industry over 1 Week

Relative Outperformance versus Industry over 1 Month

Companies with Low Debt

Companies with Zero Promoter Pledge

RSI indicating price strength

MACD crossed above signal line previous end of day

Volume Shockers

Stocks Outperforming their Industry Price Change in the Quarter

Dharmaj Crop Guard Corporate Action

Ex-Date
Dividend Amount
Dividend Type
Record Date
Instrument Type
No Record Found

Dharmaj Crop Guard Stock Comparison

Financials
Price (₹)₹424.50₹28.91₹112.32₹167₹187₹69
% Change-1.69%-3.95%-0.43%0.29%-7.34%-2.17%
Revenue TTM (₹ Cr)--₹603.71₹458.28₹302.78₹680.05
Net Profit TTM (₹ Cr)--₹29.25₹29.53₹32.05₹38.21
PE TTM--24.8029.4015.7011.40
1 Year Return31.73-52.1312.78-48.999.38-37.68
ROCE26.4011.81-23.3424.0517.84

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