Dollex Agrotech

Why is Dollex Agrotech Ltd falling/rising?

As of 10-Jun, Dollex Agrotech Ltd's stock price is at 30.55, with a year-to-date decline of 23.53% compared to the benchmark's 11.15% drop. Despite a significant increase in net sales, the stock's bearish trend, high debt levels, and a large percentage of pledged shares suggest a cautious outlook.

As of 10-Jun, Dollex Agrotech Ltd's stock price is currently at 30.55, reflecting an increase of 0.35 (1.16%). Despite this slight rise, the stock has shown a consistent underperformance against the benchmark, with a year-to-date decline of 23.53% compared to the Sensex's 11.15% drop. Over the past year, the stock has generated a return of -15.96%, which is significantly worse than the -7.53% return of the benchmark.<BR><BR>Today's performance indicates that Dollex Agrotech has underperformed its sector by 0.88%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 66.67% compared to the 5-day average, which may indicate some renewed interest among investors.<BR><BR>On the positive side, the company reported a substantial growth in net sales of 298.79% and declared very positive results for the quarter ending March 26, with net sales reaching Rs 108.59 crore, growing at 84.7% compared to the previous four-quarter average. Despite these positive results, the stock faces significant challenges, including a weak long-term fundamental strength indicated by a low return on capital employed (ROCE) of 5.18% and a high debt to EBITDA ratio of 9.24 times, which raises concerns about its ability to service 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 in a falling market. Overall, while there are some positive indicators, the stock's historical underperformance, high debt levels, and the significant percentage of pledged shares contribute to a cautious outlook for Dollex Agrotech Ltd.

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.

Which are the latest news on Dollex Agrotech?

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.

How big is Dollex Agrotech?

As of 24th July, Dollex Agrotech Ltd has a market capitalization of 170.00 Cr, with recent net sales of 8.39 Cr and a net profit of 1.51 Cr for the quarter ending June 2022. As of March 2024, shareholder's funds were 57.84 Cr and total assets were valued at 270.52 Cr.

As of 24th July, Dollex Agrotech Ltd has a market capitalization of 170.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest quarter ending June 2022, Dollex Agrotech reported Net Sales of 8.39 Cr and a Net Profit of 1.51 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, where Shareholder's Funds amounted to 57.84 Cr and Total Assets were valued at 270.52 Cr.

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.

Who are the peers of the Dollex Agrotech?

Dollex Agrotech's peers include Rama Phosphates, Aries Agro, and Nagarjuna Fert., among others. It has a Below Average management risk and a 1-year return of 6.93%, significantly lower than Rama Phosphates' 51.85%.

Peers: The peers of Dollex Agrotech are Rama Phosphates, Aries Agro, Nagarjuna Fert., Balaji Phos., Sikko Industries, Agro Phos India, Bharat Agri Fert, Basant Agro Tech, and Bluegod Enterta.<BR><BR>Quality Snapshot: Excellent management risk is observed at Rama Phosphates, while Average management risk is found at Aries Agro, Sikko Industries, and Basant Agro Tech, and the rest. Below Average management risk is present at Nagarjuna Fert., Dollex Agrotech, Agro Phos India, Bharat Agri Fert, and Bluegod Enterta. Good growth is seen at Dollex Agrotech and Balaji Phos., while Below Average growth is noted at Rama Phosphates, Aries Agro, Nagarjuna Fert., Sikko Industries, Agro Phos India, Bharat Agri Fert, Basant Agro Tech, and the rest. Capital Structure is Excellent at Rama Phosphates, Good at Aries Agro and Sikko Industries, and Below Average at Nagarjuna Fert., Balaji Phos., Dollex Agrotech, Agro Phos India, Bharat Agri Fert, Basant Agro Tech, and Bluegod Enterta.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Rama Phosphates at 51.85%, while the lowest is Nagarjuna Fert. at -47.61%. Dollex Agrotech's 1-year return is 6.93%, which is higher than Nagarjuna Fert. but significantly lower than Rama Phosphates. Additionally, Nagarjuna Fert. and Sikko Industries have negative six-month returns.

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.

Who are in the management team of Dollex Agrotech?

As of March 2022, 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).

As of March 2022, the management team of Dollex Agrotech consists of 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>These members play various roles within the company's governance and operations.

When is the next results date for Dollex Agrotech?

No Upcoming Board Meetings

Has Dollex Agrotech declared dividend?

No Dividend History Available