Dhanuka Agritech (BOM:507717) ROE %: 23.25% (As of Mar. 2026) — Near Median


BOM:507717 Dhanuka Agritech Ltd BOM:507717
98 GF Score
Price ₹1,092.45
GF Value ₹1,406.61
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Dhanuka Agritech ROE %?

Dhanuka Agritech BOM:507717 +0.40% 98 ROE % is 23.25% as of Mar. 2026, which is 5% above its 10-year median of 22.10. GuruFocus rates BOM:507717 with a GF Score™ of 98/100 and a GF Value™ of ₹1,406.61 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 251 Agriculture companies, Dhanuka Agritech ranks better than 84.06% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dhanuka Agritech's annualized net income for the quarter that ended in Mar. 2026 was ₹3,911 Mil. Dhanuka Agritech's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹16,819 Mil. Therefore, Dhanuka Agritech's annualized ROE % for the quarter that ended in Mar. 2026 was 23.25%.

The historical rank and industry rank for Dhanuka Agritech's ROE % or its related term are showing as below:

BOM:507717' s ROE % Range Over the Past 10 Years
Min: 17.65   Med: 22.1   Max: 28
Current: 18.62

During the past 13 years, Dhanuka Agritech's highest ROE % was 28.00%. The lowest was 17.65%. And the median was 22.10%.

BOM:507717's ROE % is ranked better than
84.06% of 251 companies
in the Agriculture industry
Industry Median: 6.77 vs BOM:507717: 18.62

Dhanuka Agritech  (BOM:507717) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3910.824/16818.787
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3910.824 / 19333.468)*(19333.468 / 21020.229)*(21020.229 / 16818.787)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.23 %*0.9198*1.2498
=ROA %*Equity Multiplier
=18.61 %*1.2498
=23.25 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3910.824/16818.787
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3910.824 / 5132.456) * (5132.456 / 4342.988) * (4342.988 / 19333.468) * (19333.468 / 21020.229) * (21020.229 / 16818.787)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.762 * 1.1818 * 22.46 % * 0.9198 * 1.2498
=23.25 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Dhanuka Agritech ROE % Related Terms


Dhanuka Agritech ROE % Historical Data

* Premium members only.

The historical data trend for Dhanuka Agritech's ROE % 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.

Dhanuka Agritech ROE % Chart

Dhanuka Agritech Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.78 23.10 20.64 22.34 18.62

Dhanuka Agritech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 21.53 15.83 24.36 10.37 23.25

BOM:507717 vs CTVA, CF, MOS: ROE % Comparison

For the Agricultural Inputs subindustry, Dhanuka Agritech's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dhanuka Agritech ROE % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Dhanuka Agritech's ROE % distribution charts can be found below:

* The bar in red indicates where Dhanuka Agritech's ROE % falls into.


BOM:507717
98GF Score
Dhanuka Agritech Ltd BOM:507717
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dhanuka Agritech ROE % Calculation

Dhanuka Agritech's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=2872.349/( (14027.211+16818.787)/ 2 )
=2872.349/15422.999
=18.62 %

Dhanuka Agritech's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=3910.824/( (0+16818.787)/ 1 )
=3910.824/16818.787
=23.25 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 23.25% mean?
Dhanuka Agritech (BOM:507717) has a ROE % of 23.25% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dhanuka Agritech and its competitors. This is near median its historical median of 22.10. Over the past decade, Dhanuka Agritech's ROE % has ranged from 17.65 to 28.00. According to the industry distribution chart, Dhanuka Agritech ranks #40 out of 251 companies in the Agriculture industry, placing it in the top 15.9%.
Is Dhanuka Agritech's ROE % too high?
Dhanuka Agritech's current ROE % of 23.25% is near median its 10-year median of 22.10. Over the past 10 years, this metric has ranged from a low of 17.65 to a high of 28.00. The Agriculture industry median ROE % is 6.77. Dhanuka Agritech's value of 23.25% is 243.4% above this industry median. Based on the distribution chart, Dhanuka Agritech ranks #40 out of 251 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Dhanuka Agritech has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dhanuka Agritech's ROE % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Dhanuka Agritech ranks #40 out of 251 companies for ROE %. This places Dhanuka Agritech in the top 16% of its industry — outperforming the majority of peers. The industry median ROE % is 6.77. Dhanuka Agritech's value of 23.25% is 243.4% above this benchmark. Historically, Dhanuka Agritech's own ROE % has ranged from 17.65 to 28.00 over the past decade. While the company's 10-year median is 22.10 vs. the industry median of 6.77, Dhanuka Agritech has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Agriculture company?
The median ROE % among Agriculture companies is 6.77, based on 251 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dhanuka Agritech's current ROE % of 23.25% is 243.4% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dhanuka Agritech and its competitors. For the Agriculture industry, the median ROE % is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhanuka Agritech's current ROE % is 23.25%, which is near median its own 10-year median of 22.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhanuka Agritech stock overvalued right now?
Based on GuruFocus' analysis, Dhanuka Agritech (BOM:507717) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,406.61, compared to a current price of ₹1,092.45 — trading 22.3% below its estimated fair value. The current ROE % is 23.25%, which is near median its 10-year median of 22.10 and 243.4% above the Agriculture industry median of 6.77. Dhanuka Agritech's overall GF Score™ is 98/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Dhanuka Agritech (BOM:507717), the current ROE % is 23.25% as of Mar. 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 Dhanuka Agritech (BOM:507717) Overvalued in 2026?

Based on GuruFocus' analysis, Dhanuka Agritech stock appears to be undervalued. The current stock price of ₹1,092.45 is trading 22.3% below its estimated GF Value™ of ₹1,406.61. GuruFocus considers Dhanuka Agritech to be Modestly Undervalued.

Key valuation signals for BOM:507717:

  • ROE %: 23.25% (near median its 10-year median of 22.10)
  • GF Value™: ₹1,406.61 vs. price of ₹1,092.45 (22.3% below fair value)
  • GF Score™: 98/100 with 2 warning signs
  • Industry Position: 243.4% above the Agriculture median (#40 of 251)

No single metric tells the full story. See the BOM:507717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dhanuka Agritech Business Description

Other Exchanges DHANUKA:India
Address MG Road, Global Gateway Towers, Near Guru Dronacharya Metro Station, Gurugram, HR, IND, 122002
Dhanuka Agritech Ltd is involved in the manufacturing and marketing of plant protection agrochemicals. The product range consists of Insecticides, Herbicides, Fungicides, and Plant Growth Regulators in various forms; liquid, dust, powder, and granules. The firm generates a majority of its revenue from the agrochemicals segment. The company has a strategic partnership with American, Japanese, and European companies. Geographically, the company generates all of its revenue from India.
98GF Score

Get the complete analysis for BOM:507717

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

₹1,092.45
Price
₹1,406.61
GF Value