Dollex Agrotech

Why is Dollex Agrotech Ltd falling/rising?

As of 12-Jun, Dollex Agrotech Ltd's stock price is declining, currently at 31.20, due to underperformance against benchmarks, decreased investor participation, and weak long-term fundamentals, including high debt levels and a significant portion of promoter shares being pledged.

As of 12-Jun, Dollex Agrotech Ltd's stock price is falling, currently at 31.20, reflecting a change of -0.55 (-1.73%). This decline can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has underperformed against the benchmark, with a performance today that is 3.83% lower than its sector. Over the past week, the stock has decreased by 1.27%, while the Sensex has increased by 1.10%. Additionally, the stock's year-to-date performance shows a significant decline of 21.90%, compared to a lesser drop of 9.59% in the benchmark index. <BR><BR>Investor participation has also decreased, as indicated by a delivery volume of 4,000 shares on June 11, which represents a drop of 78.26% against the 5-day average delivery volume. This reduction in trading activity suggests a lack of confidence among investors. <BR><BR>Moreover, the company's fundamentals present a mixed picture. While there was a notable growth in net sales of 298.79% and a strong quarterly performance with a net sales figure of Rs 108.59 crore, the stock has still generated a return of -17.02% over the past year. The company's long-term fundamentals are weak, with a low average Return on Capital Employed (ROCE) of 5.18% and a high Debt to EBITDA ratio of 9.24 times, indicating challenges in servicing its debt. <BR><BR>Additionally, a concerning factor is that 88.45% of promoter shares are pledged, which can exert downward pressure on the stock price, especially in a falling market. Overall, these elements contribute to the stock's current decline.

Which are the latest news on Dollex Agrotech?

What does Dollex Agrotech do?

Dollex Agrotech Ltd is a micro-cap company in the fertilizers industry, incorporated in 2013 and publicly listed since 2022. As of March 2026, it reported net sales of 109 Cr and a net profit of 5 Cr, with a market cap of INR 119 Cr.

Overview:<BR>Dollex Agrotech Ltd operates in the fertilizers industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated in 2013 as "Dollex Agrotech Private Limited" and later converted to a public company on April 25, 2022, changing its name to "Dollex Agrotech Limited" on May 20, 2022. The latest reported quarter for net sales and profit is March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 109 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 5 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 119 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 14.00 <BR>Industry P/E: 22 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.25 <BR>Return on Equity: 6.79% <BR>Price to Book: 0.97 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

How big is Dollex Agrotech?

As of 10th June, Dollex Agrotech Ltd has a market capitalization of 119.00 Cr, with recent net sales of 225.15 Cr and a net profit of 8.42 Cr.

As of 10th June, Dollex Agrotech Ltd has a market capitalization of 119.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Dollex Agrotech reported Net Sales of 225.15 Cr and a Net Profit of 8.42 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 66.12 Cr and Total Assets valued at 283.08 Cr.

Who are in the management team of Dollex Agrotech?

The management team of Dollex Agrotech includes Mehmood Khan (Managing Director), V S Bharaktiya, Ruchi Sogani, and Manish Joshi (Independent Directors), Kalyani Bhatjiwale (Company Secretary & Compliance Officer), Munni Bee (Whole-time Director), and Khusro Nisar (Director).

The management team of Dollex Agrotech includes the following individuals:<BR><BR>1. Mehmood Khan - Managing Director<BR>2. V S Bharaktiya - Independent Director<BR>3. Ruchi Sogani - Independent Director<BR>4. Kalyani Bhatjiwale - Company Secretary & Compliance Officer<BR>5. Munni Bee - Whole-time Director<BR>6. Khusro Nisar - Director<BR>7. Manish Joshi - Independent Director<BR><BR>If you have any more questions about Dollex Agrotech or its operations, feel free to ask!

Who are the peers of the Dollex Agrotech?

Dollex Agrotech's peers include Nova Agritech, Balaji Phos., Sikko Industries, and others, with varying management risks and growth rates. Dollex Agrotech has a Below Average management risk and a 1-year return of -19.71%.

Peers: The peers of Dollex Agrotech are Nova Agritech, Balaji Phos., Sikko Industries, Agro Phos India, Bluegod Enterta., Basant Agro Tech, Bharat Agri Fert, Teesta Agro Ind., Phosphate Co, and Shiva Global.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bluegod Enterta., while Average management risk is found at Nova Agritech, Balaji Phos., Sikko Industries, Agro Phos India, Basant Agro Tech, and Teesta Agro Ind., and the rest. Below Average management risk is present at Dollex Agrotech, Bharat Agri Fert, Phosphate Co, and Shiva Global. Growth is Good at Bluegod Enterta. and Sikko Industries, Average at Dollex Agrotech, Agro Phos India, and Teesta Agro Ind., and Below Average at Nova Agritech, Balaji Phos., Basant Agro Tech, Bharat Agri Fert, and the rest. Capital Structure is Excellent at Teesta Agro Ind., Good at Nova Agritech and Sikko Industries, Average at Balaji Phos. and Phosphate Co, and Below Average at Dollex Agrotech, Agro Phos India, Bluegod Enterta., Basant Agro Tech, Bharat Agri Fert, and Shiva Global.<BR><BR>Return Snapshot: Sikko Industries has the highest 1-year return at 919.53%, while Balaji Phos. has the lowest at -35.90%. Dollex Agrotech's 1-year return is -19.71%, which is higher than Balaji Phos. but lower than Sikko Industries. Additionally, the six-month returns for Nova Agritech, Balaji Phos., Sikko Industries, Dollex Agrotech, Agro Phos India, and Bharat Agri Fert are all negative.

Should I buy, sell or hold Dollex Agrotech Ltd?

Are Dollex Agrotech Ltd latest results good or bad?

Dollex Agrotech Ltd's latest results show strong quarterly revenue and profit growth, but year-on-year revenue decline, reduced operating margins, and high leverage raise concerns about long-term sustainability. Investors should consider these mixed signals when evaluating the company's performance.

Dollex Agrotech Ltd's latest results present a mixed picture. On one hand, the company reported a remarkable 298.79% increase in revenues quarter-on-quarter for the March 2026 quarter, reaching ₹108.59 crores. This surge demonstrates the company's ability to capitalize on seasonal demand in the fertiliser sector. Additionally, net profit for the same quarter rose significantly by 177.84% to ₹4.64 crores, marking the highest quarterly profit in recent history.<BR><BR>However, when looking at year-on-year performance, there are significant concerns. Revenue declined by 8.49% compared to the same quarter last year, indicating a loss of ground in a competitive market. The operating margin also saw a notable contraction, falling from 13.18% in the previous quarter to 7.20%, which raises questions about the sustainability of the recent growth.<BR><BR>Moreover, the company's financial health is concerning due to high leverage, with a debt-to-equity ratio of 1.27 times and an alarming 88.45% of promoter shares pledged. This level of debt and share pledging indicates potential financial distress, which could pose risks to future performance.<BR><BR>Overall, while the quarterly results show impressive short-term gains, the underlying issues of declining year-on-year performance, margin compression, and high leverage suggest that the company's long-term growth prospects are uncertain. Investors should weigh these factors carefully when assessing Dollex Agrotech's latest results.

Is Dollex Agrotech overvalued or undervalued?

As of November 17, 2025, Dollex Agrotech is fairly valued with a PE ratio of 19.76 and a PEG ratio of 0.00, making it potentially undervalued compared to peers like Coromandel International and Chambal Fertilizers, despite underperforming the Sensex over the past year.

As of 17 November 2025, Dollex Agrotech's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 19.76, an EV to EBITDA of 19.19, and a Price to Book Value of 1.39, which suggest that the stock is reasonably priced relative to its earnings and book value.<BR><BR>In comparison to its peers, Dollex Agrotech's valuation stands out against Coromandel International, which is deemed very expensive with a PE of 30.62, and Chambal Fertilizers, which is also fairly valued with a PE of 10.1. The PEG ratio for Dollex is notably at 0.00, indicating that the stock may be undervalued in terms of growth expectations compared to its earnings. Additionally, while Dollex's stock has underperformed the Sensex over the past year with a return of 1.61% versus the Sensex's 10.54%, its current valuation suggests that it may present a buying opportunity for investors looking for value in the fertilizers sector.

How has been the historical performance of Dollex Agrotech?

Dollex Agrotech has shown significant growth in net sales and profitability over the past five years, with net sales increasing from 77.19 Cr in Mar'21 to 237.43 Cr in Mar'25, although cash flow from operating activities remains negative despite this growth. Total liabilities rose from 104.99 Cr to 283.08 Cr, driven by increased long-term borrowings.

Answer:<BR>The historical performance of Dollex Agrotech shows significant growth in net sales and profitability over the past five years.<BR><BR>Breakdown:<BR>Dollex Agrotech's net sales have increased from 77.19 Cr in Mar'21 to 237.43 Cr in Mar'25, reflecting a strong upward trend. Total operating income followed a similar trajectory, rising from 79.40 Cr in Mar'22 to 237.43 Cr in Mar'25. The company's operating profit (PBDIT) also saw growth, moving from 6.99 Cr in Mar'21 to 16.36 Cr in Mar'25, although the operating profit margin (excluding other income) decreased from 8.67% in Mar'21 to 6.88% in Mar'25. Profit before tax rose from 2.62 Cr in Mar'21 to 10.50 Cr in Mar'25, while profit after tax increased from 1.67 Cr to 8.28 Cr over the same period. The company's total liabilities grew from 104.99 Cr in Mar'21 to 283.08 Cr in Mar'25, driven by an increase in long-term borrowings from 49.46 Cr to 143.61 Cr. Total assets also expanded significantly, from 104.99 Cr in Mar'21 to 283.08 Cr in Mar'25. However, cash flow from operating activities remained negative, indicating challenges in cash generation despite the growth in sales and profits.

Who are the top shareholders of the Dollex Agrotech?

The top shareholder of Dollex Agrotech is Mehmood Khan, with a 27.01% stake. Individual investors hold 37.33%, while the highest public shareholder is Sudhakar Narayan Sanku at 2.53%.

The top shareholders of Dollex Agrotech primarily consist of promoters, with Mehmood Khan holding the largest stake at 27.01%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Sudhakar Narayan Sanku, who owns 2.53%. Additionally, individual investors collectively hold 37.33% of the company's shares.

What is the technical trend for Dollex Agrotech?

As of June 2, 2025, Dollex Agrotech's technical trend is mildly bearish, influenced by bearish moving averages and Bollinger Bands, despite a mildly bullish weekly MACD.

As of 2 June 2025, the technical trend for Dollex Agrotech has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the moving averages on the daily time frame remain bearish. The Bollinger Bands on both weekly and monthly time frames are showing a mildly bearish trend. The Dow Theory reflects a bearish outlook on the weekly chart, with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and the bearish signals from the Bollinger Bands.

When is the next results date for Dollex Agrotech?

No Upcoming Board Meetings

Has Dollex Agrotech declared dividend?

No Dividend History Available