Dharmaj Crop Guard (NSE:DHARMAJ) ROCE %: 42.07% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:DHARMAJ Dharmaj Crop Guard Ltd NSE:DHARMAJ
84 GF Score
Price ₹270.05
GF Value ₹403.03
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Dharmaj Crop Guard ROCE %?

Dharmaj Crop Guard NSE:DHARMAJ +0.32% 84 ROCE % is 42.07% as of Jun. 2026. GuruFocus rates NSE:DHARMAJ with a GF Score™ of 84/100 and a GF Value™ of ₹403.03 (Significantly Undervalued). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Dharmaj Crop Guard's annualized ROCE % for the quarter that ended in Jun. 2026 was 42.07%.

Dharmaj Crop Guard  (NSE:DHARMAJ) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Dharmaj Crop Guard ROCE % Related Terms

Dharmaj Crop Guard ROCE % Historical Data

* Premium members only.

The historical data trend for Dharmaj Crop Guard's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dharmaj Crop Guard ROCE % Chart

Dharmaj Crop Guard Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 44.41 17.57 15.38 13.00 18.40

Dharmaj Crop Guard Quarterly Data
Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.32 21.18 4.40 7.99 42.07
NSE:DHARMAJ
84GF Score
Dharmaj Crop Guard Ltd NSE:DHARMAJ
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dharmaj Crop Guard ROCE % Calculation

Dharmaj Crop Guard's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=896.99/( ( (7334.14 - 2686.42) + (8414.03 - 3310.82) )/ 2 )
=896.99/( (4647.72+5103.21)/ 2 )
=896.99/4875.465
=18.40 %

Dharmaj Crop Guard's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=2147.08/( ( (8414.03 - 3310.82) + (0 - 0) )/ 1 )
=2147.08/( ( 5103.21 + 0 )/ 1 )
=2147.08/5103.21
=42.07 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 42.07% mean?
Dharmaj Crop Guard (NSE:DHARMAJ) has a ROCE % of 42.07% as of Jun. 2026.
Is Dharmaj Crop Guard's ROCE % too high?
Dharmaj Crop Guard's current ROCE % is 42.07%. The Agriculture industry median ROCE % is 9.23. Dharmaj Crop Guard's value of 42.07% is 355.8% above this industry median. Overall, Dharmaj Crop Guard has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dharmaj Crop Guard's ROCE % compare to CTVA and CF?
Dharmaj Crop Guard's ROCE % of 42.07% can be compared against companies in the Agriculture industry. The industry median ROCE % is 9.23. Dharmaj Crop Guard's value of 42.07% is 355.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Agriculture company?
The median ROCE % among Agriculture companies is 9.23, based on 254 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dharmaj Crop Guard's current ROCE % of 42.07% is 355.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Agriculture industry, the median ROCE % is 9.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dharmaj Crop Guard's current ROCE % is 42.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dharmaj Crop Guard stock overvalued right now?
Based on GuruFocus' analysis, Dharmaj Crop Guard (NSE:DHARMAJ) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹403.03, compared to a current price of ₹270.05 — trading 33% below its estimated fair value. The current ROCE % is 42.07% and 355.8% above the Agriculture industry median of 9.23. Dharmaj Crop Guard's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Dharmaj Crop Guard (NSE:DHARMAJ), the current ROCE % is 42.07% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dharmaj Crop Guard (NSE:DHARMAJ) Overvalued in 2026?

Based on GuruFocus' analysis, Dharmaj Crop Guard stock appears to be undervalued. The current stock price of ₹270.05 is trading 33% below its estimated GF Value™ of ₹403.03. GuruFocus considers Dharmaj Crop Guard to be Significantly Undervalued.

Key valuation signals for NSE:DHARMAJ:

  • ROCE %: 42.07%
  • GF Value™: ₹403.03 vs. price of ₹270.05 (33% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 355.8% above the Agriculture median

No single metric tells the full story. See the NSE:DHARMAJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Dharmaj Crop Guard Business Description

Other Exchanges 543687:India
Address Iscon Ambli Road, Office No. 901 to 903 & 911, B-square 2, Ahmedabad, GJ, IND, 380058
Dharmaj Crop Guard Ltd is engaged in the business of manufacturing and dealing in pesticides including concessionaires of public health products for pest control, insecticides, herbicide, fertilizers, and allied products related to research and technical formulations. The company operates under segments namely fungicides, insecticides, herbicide, and Others. Geographically the company generates the majority of its revenue from India.
84GF Score

Get the complete analysis for NSE:DHARMAJ

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹270.05
Price
₹403.03
GF Value