Dhanuka Agritech announced its Q3 results, reporting revenue from operations at ₹409.92 Crores, a decrease of 7.94% compared to ₹445.27 Crores in the same quarter last year. EBITDA stood at ₹58.66 Crores, a 22.37% decline. Profit after tax was ₹40.00 Crores. The company maintains a focus on innovation and farmer welfare, collaborating with leading global agrochemical companies.
Financial Performance
Dhanuka Agritech’s Q3 financial results show:
- Revenue from Operations: ₹409.92 Crores compared to ₹445.27 Crores (Q3 FY25).
- EBITDA: ₹58.66 Crores, down from ₹75.56 Crores.
- Profit After Tax (PAT): ₹40.00 Crores, down from ₹55.04 Crores.
The company experienced weaker agrochemical demand due to weather issues and low crop prices impacting industry-wide volumes.
Revenue Breakdown
A geographical revenue mix for the quarter shows:
- North: 30%
- South: 11%
- East: 34%
- West: 25%
By segment the revenue mix shows:
- Insecticides: 28%
- Fungicides: 21%
- Herbicides: 37%
- Others: 14%
Innovation and Market Reach
Dhanuka Agritech is focused on introducing novel chemistries and extensive product development and operates with 4 manufacturing units and 41 warehouses across India. The company caters to around 6,500 distributors and 80,000 retailers. The company hosted field days with 6,050 activities reaching 143,881 farmers, village meetings with 17,155 activities reaching 359,107 farmers and KVK meetings reaching 876 farmers.
Strategic Initiatives
Dhanuka Agritech continues strengthening its association with Agriculture Universities and Krishi Vigyan Kendras (KVKs) and other institutions. Dhanuka team visited BAYER in Germany in December and Summit Agro in January.
Future Outlook
The company expects flat revenue from operations and a decline of approximately 100bps in EBITDA.
Source: BSE
