Financials Dhanuka Agritech Limited NSE India S.E.

Equities

DHANUKA

INE435G01025

Agricultural Chemicals

Market Closed - NSE India S.E. 12:43:51 22/05/2024 BST 5-day change 1st Jan Change
1,281 INR +3.15% Intraday chart for Dhanuka Agritech Limited -5.07% +21.23%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 18,694 15,396 32,134 33,392 27,855 58,495 - -
Enterprise Value (EV) 1 17,943 14,616 30,326 31,417 26,893 46,595 55,522 53,196
P/E ratio 17.1 x 10.9 x 15.5 x 16 x 12.1 x 19.5 x 20.7 x 17 x
Yield 0.15% 3.71% 0.29% 1.95% 0.33% 0.82% 0.46% 0.63%
Capitalization / Revenue 1.86 x 1.37 x 2.32 x 2.26 x 1.64 x 2.65 x 2.83 x 2.47 x
EV / Revenue 1.78 x 1.3 x 2.19 x 2.13 x 1.58 x 2.65 x 2.69 x 2.25 x
EV / EBITDA 12.3 x 8.43 x 11.3 x 11.9 x 9.65 x 14.2 x 14.9 x 12 x
EV / FCF -1,042 x 9.85 x 13.9 x 70.7 x 223 x 34.1 x 27.6 x 29.1 x
FCF Yield -0.1% 10.2% 7.2% 1.41% 0.45% 2.94% 3.63% 3.43%
Price to Book 2.91 x 2.18 x 4.09 x 3.48 x 2.62 x 4.53 x 4.01 x 3.22 x
Nbr of stocks (in thousands) 47,578 47,578 46,578 46,578 45,578 45,578 - -
Reference price 2 392.9 323.6 689.9 716.9 611.2 1,242 1,242 1,242
Announcement Date 21/05/19 10/06/20 21/05/21 23/05/22 25/05/23 17/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 10,058 11,201 13,875 14,778 17,002 17,585 20,637 23,651
EBITDA 1 1,460 1,735 2,691 2,634 2,787 3,274 3,717 4,416
EBIT 1 1,336 1,571 2,539 2,471 2,611 2,869 3,418 3,979
Operating Margin 13.29% 14.03% 18.3% 16.72% 15.36% 16.31% 16.56% 16.82%
Earnings before Tax (EBT) 1 1,540 1,806 2,849 2,775 3,027 3,188 3,650 4,322
Net income 1 1,126 1,415 2,106 2,088 2,335 2,391 2,736 3,270
Net margin 11.19% 12.63% 15.18% 14.13% 13.73% 13.6% 13.26% 13.83%
EPS 2 23.02 29.73 44.61 44.82 50.35 52.46 60.03 73.04
Free Cash Flow 1 -17.21 1,484 2,184 444.5 120.5 1,686 2,015 1,826
FCF margin -0.17% 13.25% 15.74% 3.01% 0.71% 9.4% 9.76% 7.72%
FCF Conversion (EBITDA) - 85.54% 81.17% 16.88% 4.32% 52% 54.21% 41.36%
FCF Conversion (Net income) - 104.89% 103.75% 21.29% 5.16% 70.78% 73.67% 55.85%
Dividend per Share 2 0.6000 12.00 2.000 14.00 2.000 10.20 5.667 7.774
Announcement Date 21/05/19 10/06/20 21/05/21 23/05/22 25/05/23 17/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 8,162 2,957 2,756 3,638 4,388 3,569 3,183 3,927 5,429 3,634 3,712 3,691 5,972 4,258 3,905
EBITDA 1 1,543 502.2 646.2 611.1 821.6 550.3 650.8 514.8 975.2 518.3 778.7 436.1 1,081 654.7 700.2
EBIT - 460.9 599.5 573 781 510.7 606.3 - - - - - - - -
Operating Margin - 15.59% 21.75% 15.75% 17.8% 14.31% 19.05% - - - - - - - -
Earnings before Tax (EBT) 1 - 544.6 675.6 641.6 843.4 569.2 720.6 637.5 979.7 542.6 867.5 447.3 1,099 587 752.5
Net income 1 - 400.4 486.4 486 633.8 425.2 542.9 491.1 730.2 460.7 653.1 329.4 800 468.5 545.8
Net margin - 13.54% 17.65% 13.36% 14.44% 11.91% 17.06% 12.51% 13.45% 12.68% 17.59% 8.92% 13.4% 11% 13.98%
EPS - 8.540 10.45 10.43 13.61 9.130 11.65 - - - - - 16.90 - 11.15
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 30/10/20 02/02/21 21/05/21 29/07/21 30/10/21 02/02/22 23/05/22 02/08/22 01/11/22 10/02/23 25/05/23 02/08/23 - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 750 780 1,808 1,975 962 1,070 2,973 5,299
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 -17.2 1,484 2,184 445 121 1,686 2,015 1,826
ROE (net income / shareholders' equity) 17.7% 21% 28% 23.8% 23.1% 20.5% 20.2% 20.5%
ROA (Net income/ Total Assets) - - - - - 15.8% 16.3% 16.9%
Assets 1 - - - - - 15,076 16,783 19,351
Book Value Per Share 2 135.0 149.0 169.0 206.0 233.0 274.0 310.0 385.0
Cash Flow per Share 2 31.80 34.10 49.00 22.40 29.90 48.90 54.90 65.00
Capex 1 60.8 137 126 598 1,242 1,489 642 808
Capex / Sales 0.6% 1.22% 0.91% 4.05% 7.3% 8.3% 3.11% 3.42%
Announcement Date 21/05/19 10/06/20 21/05/21 23/05/22 25/05/23 17/05/24 - -
1INR in Million2INR
Estimates
  1. Stock Market
  2. Equities
  3. DHANUKA Stock
  4. DHANUKA Stock
  5. Financials Dhanuka Agritech Limited