Dharmaj Crop Guard (BOM:543687) ROE %: 3.53% (As of Mar. 2026) — 74% Below Median


BOM:543687 Dharmaj Crop Guard Ltd BOM:543687
91 GF Score
Price ₹258.10
GF Value ₹410.44
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Dharmaj Crop Guard ROE %?

Dharmaj Crop Guard BOM:543687 -0.92% 91 ROE % is 3.53% as of Mar. 2026, which is 74% below its 10-year median of 13.43. GuruFocus rates BOM:543687 with a GF Score™ of 91/100 and a GF Value™ of ₹410.44 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 251 Agriculture companies, Dharmaj Crop Guard ranks better than 68.53% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dharmaj Crop Guard's annualized net income for the quarter that ended in Mar. 2026 was ₹159 Mil. Dharmaj Crop Guard's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹4,490 Mil. Therefore, Dharmaj Crop Guard's annualized ROE % for the quarter that ended in Mar. 2026 was 3.53%.

The historical rank and industry rank for Dharmaj Crop Guard's ROE % or its related term are showing as below:

BOM:543687' s ROE % Range Over the Past 10 Years
Min: 9.24   Med: 13.43   Max: 45.68
Current: 12.73

During the past 7 years, Dharmaj Crop Guard's highest ROE % was 45.68%. The lowest was 9.24%. And the median was 13.43%.

BOM:543687's ROE % is ranked better than
68.53% of 251 companies
in the Agriculture industry
Industry Median: 6.77 vs BOM:543687: 12.73

Dharmaj Crop Guard  (BOM:543687) 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
=158.72/4490.43
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(158.72 / 9351.16)*(9351.16 / 8414.03)*(8414.03 / 4490.43)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.7 %*1.1114*1.8738
=ROA %*Equity Multiplier
=1.89 %*1.8738
=3.53 %

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
=158.72/4490.43
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (158.72 / 209.52) * (209.52 / 232.84) * (232.84 / 9351.16) * (9351.16 / 8414.03) * (8414.03 / 4490.43)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7575 * 0.8998 * 2.49 % * 1.1114 * 1.8738
=3.53 %

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.


Dharmaj Crop Guard ROE % Related Terms


Dharmaj Crop Guard ROE % Historical Data

* Premium members only.

The historical data trend for Dharmaj Crop Guard'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.

Dharmaj Crop Guard ROE % Chart

Dharmaj Crop Guard Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial 40.62 13.43 13.16 9.24 12.96

Dharmaj Crop Guard Quarterly Data
Mar20 Mar21 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 -2.49 33.05 15.61 0.68 3.53

BOM:543687 vs CTVA, CF, MOS: ROE % Comparison

For the Agricultural Inputs subindustry, Dharmaj Crop Guard'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.


Dharmaj Crop Guard ROE % vs Agriculture Industry

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

* The bar in red indicates where Dharmaj Crop Guard's ROE % falls into.


BOM:543687
91GF Score
Dharmaj Crop Guard Ltd BOM:543687
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dharmaj Crop Guard ROE % Calculation

Dharmaj Crop Guard'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 )
=546.46/( (3944.1+4490.43)/ 2 )
=546.46/4217.265
=12.96 %

Dharmaj Crop Guard'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 )
=158.72/( (0+4490.43)/ 1 )
=158.72/4490.43
=3.53 %

* 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 3.53% mean?
Dharmaj Crop Guard (BOM:543687) has a ROE % of 3.53% 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 Dharmaj Crop Guard and its competitors. This is 74% below median its historical median of 13.43. Over the past decade, Dharmaj Crop Guard's ROE % has ranged from 9.24 to 45.68. According to the industry distribution chart, Dharmaj Crop Guard ranks #79 out of 251 companies in the Agriculture industry, placing it in the top 31.5%.
Is Dharmaj Crop Guard's ROE % too high?
Dharmaj Crop Guard's current ROE % of 3.53% is 74% below median its 10-year median of 13.43. Over the past 10 years, this metric has ranged from a low of 9.24 to a high of 45.68. The Agriculture industry median ROE % is 6.77. Dharmaj Crop Guard's value of 3.53% is 47.9% below this industry median. Based on the distribution chart, Dharmaj Crop Guard ranks #79 out of 251 companies in the Agriculture industry, which is above the industry midpoint. Overall, Dharmaj Crop Guard has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dharmaj Crop Guard's ROE % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Dharmaj Crop Guard ranks #79 out of 251 companies for ROE %. This puts Dharmaj Crop Guard in the upper half of its industry. The industry median ROE % is 6.77. Dharmaj Crop Guard's value of 3.53% is 47.9% below this benchmark. Historically, Dharmaj Crop Guard's own ROE % has ranged from 9.24 to 45.68 over the past decade. While the company's 10-year median is 13.43 vs. the industry median of 6.77, Dharmaj Crop Guard has consistently been below 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. Dharmaj Crop Guard's current ROE % of 3.53% is 47.9% below 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 Dharmaj Crop Guard 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. Dharmaj Crop Guard's current ROE % is 3.53%, which is 74% below median its own 10-year median of 13.43. 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 (BOM:543687) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹410.44, compared to a current price of ₹258.10 — trading 37.1% below its estimated fair value. The current ROE % is 3.53%, which is 74% below median its 10-year median of 13.43 and 47.9% below the Agriculture industry median of 6.77. Dharmaj Crop Guard's overall GF Score™ is 91/100 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 Dharmaj Crop Guard (BOM:543687), the current ROE % is 3.53% 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 Dharmaj Crop Guard (BOM:543687) Overvalued in 2026?

Based on GuruFocus' analysis, Dharmaj Crop Guard stock appears to be undervalued. The current stock price of ₹258.10 is trading 37.1% below its estimated GF Value™ of ₹410.44. GuruFocus considers Dharmaj Crop Guard to be Significantly Undervalued.

Key valuation signals for BOM:543687:

  • ROE %: 3.53% (74% below median its 10-year median of 13.43)
  • GF Value™: ₹410.44 vs. price of ₹258.10 (37.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 47.9% below the Agriculture median (#79 of 251)

No single metric tells the full story. See the BOM:543687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dharmaj Crop Guard Business Description

Other Exchanges DHARMAJ: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.
91GF Score

Get the complete analysis for BOM:543687

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

₹258.10
Price
₹410.44
GF Value