How did the company perform in the final quarter of FY26?

Dharmaj swung to a net profit of ₹4 crore in Q4, compared to a loss of ₹2.4 crore in the same quarter last year. Quarterly sales grew 11% to reach ₹233.8 crore.

What is the status of the company's capital expenditure plans?

The technicals plant has reached breakeven, and the new herbicides facility in Gujarat is on track for commissioning by the end of Q3FY27.

How is the company managing supply chain risks?

Management secured additional inventories in March to insulate operations against potential disruptions stemming from the West Asia crisis.

What were the full-year financial results?

For the year ended March 31, 2026, revenue grew 19.6% to ₹1,138 crore, while net profit rose 56.9% to ₹54.7 crore.

Earnings · Agrochemicals · Micro cap

Dharmaj Crop Guard profit jumps 57% as technicals plant breaks even

The agrochemicals firm posted a full-year profit of ₹54.7 crore on revenue of ₹1,138 crore, while swinging to a quarterly profit of ₹4 crore.

— 1 earlier story on Dharmaj Crop Guard Ltd. →

DHARMAJ 27 May 2026 · 7:37 PM IST Verify on BSE · NSE

Mkt cap₹961 cr

P/E19.92×

ROE8.83%

Debt / eq.0.29

56.9% Annual net profit growth for FY26.

What's new

FY26 revenue rose 19.6% to ₹1,138 crore.
Q4 profit hit ₹4 crore, reversing a ₹2.4 crore loss from the prior year.
New Gujarat herbicides facility remains on track for Q3FY27 commissioning.

Why this matters

The technicals plant breakeven changes the company's operational profile. Management's decision to stock up on inventory ahead of potential West Asia supply disruptions shows a defensive posture in a volatile commodity market.

What we're watching

Profitability trends following the technicals plant breakeven.
Timely commissioning of the Gujarat herbicides facility.
Inventory turnover rates given the recent supply-chain stock-up.

The full read

Dharmaj Crop Guard finished FY26 with ₹1,138 crore in revenue, a 19.6% increase over the previous year. Net profit grew by 56.9% to ₹54.7 crore. The fourth quarter saw a return to profitability, with the company posting ₹4 crore in net profit against a ₹2.4 crore loss in the year-ago period. Quarterly sales climbed 11% to ₹233.8 crore. Operational progress is the primary story here, with the technicals plant reaching breakeven. The company is preparing for its next phase of growth, with a new herbicides facility in Gujarat scheduled for commissioning by the end of Q3FY27. To protect against supply chain volatility linked to the West Asia crisis, management increased inventory levels in March. The company is now balancing its growth trajectory with proactive input cost management.

Questions answered

How did the company perform in the final quarter of FY26?: Dharmaj swung to a net profit of ₹4 crore in Q4, compared to a loss of ₹2.4 crore in the same quarter last year. Quarterly sales grew 11% to reach ₹233.8 crore.
What is the status of the company's capital expenditure plans?: The technicals plant has reached breakeven, and the new herbicides facility in Gujarat is on track for commissioning by the end of Q3FY27.
How is the company managing supply chain risks?: Management secured additional inventories in March to insulate operations against potential disruptions stemming from the West Asia crisis.
What were the full-year financial results?: For the year ended March 31, 2026, revenue grew 19.6% to ₹1,138 crore, while net profit rose 56.9% to ₹54.7 crore.

Mentioned: Dharmaj Crop Guard · Gujarat herbicides facility · Q3FY27

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

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27 May 2026 · 7:37 PM IST Dharmaj Crop Guard profit jumps 57% as technicals plant breaks even
today Dharmaj Crop Guard swings to profit as annual revenue hits ₹1,138 cr