ScoreWhy is Dharmaj Crop Guard Ltd ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.43 times
2
Poor long term growth as Operating profit has grown by an annual rate 15.27% of over the last 5 years
3
Positive results in Sep 25
- NET SALES(Q) At Rs 347.26 cr has Grown at 30.7% (vs previous 4Q average)
- PBT LESS OI(Q) At Rs 22.51 cr has Grown at 34.9% (vs previous 4Q average)
- PAT(Q) At Rs 17.35 cr has Grown at 32.5% (vs previous 4Q average)
4
With ROCE of 15.2, it has a Attractive valuation with a 1.8 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -24.10%, its profits have risen by 20.4% ; the PEG ratio of the company is 0.8
5
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Dharmaj Crop should be less than 10%
- Overall Portfolio exposure to Pesticides & Agrochemicals should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pesticides & Agrochemicals)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Dharmaj Crop for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Dharmaj Crop
-10.02%
-0.50
47.74%
Sensex
-5.12%
0.44
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
29.12%
EBIT Growth (5y)
24.37%
EBIT to Interest (avg)
10.77
Debt to EBITDA (avg)
1.31
Net Debt to Equity (avg)
0.28
Sales to Capital Employed (avg)
1.96
Tax Ratio
24.60%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
3.60%
ROCE (avg)
14.16%
ROE (avg)
10.79%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
17
Industry P/E
29
Price to Book Value
2.03
EV to EBIT
12.76
EV to EBITDA
10.33
EV to Capital Employed
1.81
EV to Sales
0.91
PEG Ratio
0.29
Dividend Yield
NA
ROCE (Latest)
14.16%
ROE (Latest)
12.18%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Sideways
Moving Averages
Bullish (Daily)
KST
Mildly Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend5What is working for the Company
PAT(Latest six months)
At Rs 4.73 cr has Grown at 472.44%
-13What is not working for the Company
PBT LESS OI(Q)
At Rs 0.87 cr has Fallen at -94.1% (vs previous 4Q average
PAT(Q)
At Rs 3.97 cr has Fallen at -67.1% (vs previous 4Q average
INTEREST(Latest six months)
At Rs 9.59 cr has Grown at 25.85%
NET SALES(Q)
At Rs 233.78 cr has Fallen at -16.1% (vs previous 4Q average
NON-OPERATING INCOME(Q)
is 83.40 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is not working for Dharmaj Crop
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 0.87 cr has Fallen at -94.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 14.64 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 3.97 cr has Fallen at -67.1% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 12.06 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Net Sales - Quarterly
At Rs 233.78 cr has Fallen at -16.1% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 278.53 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Interest - Latest six months
At Rs 9.59 cr has Grown at 25.85%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Non Operating Income - Quarterly
is 83.40 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Non Operating Income - Quarterly
Highest at Rs 4.37 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
