Dharmaj Crop Guard Reports Strong Sales Growth Amid Rising Interest Expenses Challenges

Dharmaj Crop Guard, a microcap player in the Pesticides and Agrochemicals industry, has recently undergone a financial trend adjustment reflecting its performance in the quarter ending September 2025. The company reported a notable increase in net sales, reaching Rs 347.26 crore, which represents a growth of 30.7% compared to the previous four-quarter average. Additionally, profit before tax (PBT) less other income stood at Rs 22.51 crore, marking a growth of 34.9%, while profit after tax (PAT) was recorded at Rs 17.35 crore, reflecting a 32.5% increase. However, the company faces challenges, particularly with interest expenses, which have reached their highest level at Rs 4.50 crore. This financial burden could impact overall profitability moving forward. In terms of market performance, Dharmaj Crop Guard has experienced a decline in stock value, with a current price of Rs 244.00, down from a previous close of Rs 251.95. Over various time frames, the stock has underperformed compared to the Sensex, with returns of -1.99% over the past week and -18.42% over the past month. This contrast highlights the company's struggle to keep pace with broader market trends, emphasizing the need for strategic adjustments to enhance its competitive position.