Dhanuka Agritech Adjusts Valuation Amidst Mixed Performance Compared to Peers

Dhanuka Agritech, a midcap player in the pesticides and agrochemicals sector, has recently undergone a valuation adjustment. The company's current price stands at 1,335.45, reflecting a notable increase from the previous close of 1,255.00. Over the past year, Dhanuka has shown a stock return of 3.76%, which is significantly lower than the Sensex's return of 13.44% during the same period.
Key financial metrics for Dhanuka Agritech include a PE ratio of 21.70 and an EV to EBITDA ratio of 15.90. The company also boasts a return on capital employed (ROCE) of 24.12% and a return on equity (ROE) of 21.30%. In comparison to its peers, Dhanuka's valuation metrics indicate a higher PE ratio than BASF India and Sharda Cropchem, while Anupam Rasayan stands out with a considerably elevated PE ratio.

Despite the recent valuation adjustment, Dhanuka's performance over longer periods, such as a 196.37% return over five years, highlights its resilience in the market. The company's position within the industry remains noteworthy, especially when compared to its peers, which exhibit varying valuation metrics and performance indicators.