Dhanuka Agritech Limited reported a strong financial performance for the quarter and year ended March 31, 2026. The Board of Directors has declared a final dividend of 100% and approved a share buyback program of up to ₹70 crore. Additionally, the company is set to expand its global footprint by establishing new subsidiaries in Brazil and Europe to support business growth and international brand registrations.
Financial Highlights
For the quarter ended March 31, 2026, the company achieved total income of ₹50,386.31 lacs, with a profit for the period of ₹9,777.06 lacs. On an annual basis for the fiscal year 2025-26, the company recorded a total income of ₹2,06,280.10 lacs and an annual profit of ₹28,723.49 lacs. The Board has recommended a final dividend of ₹2 per equity share, subject to approval at the upcoming annual general meeting.
Strategic Buyback Initiative
The Board has approved a proposal to buy back up to 5,00,000 equity shares at a price of ₹1,400 per share. This aggregate buyback amount is capped at ₹70 crore, which represents less than 10% of the company’s total paid-up equity capital and free reserves. The buyback will be executed via the ‘Tender Offer’ route, with May 29, 2026, fixed as the record date for determining eligible shareholders.
Global Expansion Strategy
To facilitate international business growth, the company plans to establish wholly owned subsidiaries in Europe and Brazil. These entities will primarily handle the transfer of acquired brand registrations and the marketing of diverse products. The initial investment for each entity is set at ₹1 crore, with potential for further increases based on future business requirements.
Leadership and Governance
The company noted the retirement of senior management member Mr. K.B. Kejariwal, effective from the close of business on March 31, 2026. Furthermore, the 41st Annual General Meeting has been scheduled for Monday, August 3, 2026, to be conducted via video conferencing.
New Growth Initiatives
The company is also introducing the Employee Stock Option Plan 2026 and a Stock Appreciation Rights Plan 2026 to incentivize performance, covering 50,000 equity shares and 1,25,000 SARs respectively, subject to shareholder approval.
Source: BSE