Q4 2026 Dharmaj Crop Guard Ltd Earnings Call Transcript

May 29, 2026 / 06:30 AM GMT

Release Date Price: ₹281.4 (-1.00%)

Transcript

Key Points

Positve

Dharmaj Crop Guard Ltd (BOM:543687) reported a 20% year-on-year revenue growth for FY26, reaching 1,138 crores.
The company's EBITDA grew by 34% year-on-year, reaching 101 crores, with net profit increasing by 57% to 55 crores.
The domestic active ingredient business saw a significant growth of 37% year-on-year, surpassing internal capacity utilization targets.
The company achieved a PBT-level breakeven at its technical plant, a key strategic objective for FY26.
Dharmaj Crop Guard Ltd (BOM:543687) is planning to expand its herbicide facility, which is expected to support long-term growth and improve capacity utilization.

Negative

The branded formulation vertical experienced muted growth, with only a 3% increase due to erratic monsoon patterns affecting demand.
The company's cash conversion cycle extended to 87 days from 67 days in FY25, largely due to increased inventory levels.
There was continued pressure on technical realizations throughout the year, with a meaningful recovery only beginning after February 2026.
The geopolitical situation in West Asia has impacted key raw material availability, posing a risk to production continuity.
The company's gross debt-to-equity ratio remained unchanged at 0.29, indicating a reliance on debt for inventory buildup.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

DHAM.NS - Dharmaj Crop Guard Ltd
Q4 2026 Dharmaj Crop Guard Ltd Earnings Call
May 29, 2026 / 06:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, good day and welcome to the Dharmaj Crop Guard Limited Q4 FY26 Earnings Conference Call hosted by TIL Advisors. As a reminder, all participant lines will be in the listen-only mode. There will be an opportunity for you to ask questions after the presentation concludes. Should you need any assistance during this conference, please signal for an operator by pressing star and then zero on your touch-tone telephone.

Participants, please note, at the time of the Q&A, participants are requested to ask your questions in Hindi.

Also note that this conference call is being recorded. I now hand the conference over to Mr. Sayam Pokharna from TIL Advisors.

Thank you, and over to you, sir.

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.