{
  "main_header": {
    "sid": 1003752,
    "name": "Dharmaj Crop",
    "stock_name": "Dharmaj Crop",
    "full_name": "Dharmaj Crop Guard Ltd",
    "name_url": "stocks-analysis/dharmaj-crop",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "237.75",
    "chg": 0.45,
    "chgp": "0.19%",
    "dir": 1,
    "prev_price": "237.30",
    "mcapval": "797.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 543687,
    "symbol": "DHARMAJ",
    "ind_name": "Pesticides & Agrochemicals",
    "ind_code": 18,
    "indexname": "",
    "isin": "INE00OQ01016",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "53.87 k",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/dharmaj-crop-1003752-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Is Dharmaj Crop technically bullish or bearish?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-dharmaj-crop-technically-bullish-or-bearish-3740691",
        "imagepath": "",
        "date": "2025-12-02 09:27:52",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Trend Shift and Price Overview</strong></p>\n<p>As of 1 December 2025, Dharmaj Crop's technical trend transitioned from mildly bearish to sideways, signalling a pause in the previous downward momentum. The stock closed at ₹243.30, marginally higher than the previous close of ₹242.45, with intraday highs reaching ₹247.60 and lows at ₹241.40. Despite this slight uptick, the stock remains significantly below its 52-week high of ₹391.25, while comfortably above its 52-week low of ₹168.05, indicating a wide trading range over the past year.</p>\n<p><strong>Technical Indicators: A Mixed Picture</strong></p>\n<p>Examining the key technical indicators reveals a nuanced outlook. The Moving Average Convergence Divergence (MACD) remains bearish on the weekly chart and mildly bearish on the monthly ..."
      },
      {
        "title": "Dharmaj Crop Guard Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/dharmaj-crop-guard-technical-momentum-shifts-amid-mixed-market-signals-3740441",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/DharmajCropGuar_technicaldot_3740441.png",
        "date": "2025-12-02 08:12:49",
        "description": "Dharmaj Crop Guard, a key player in the Pesticides & Agrochemicals sector, is exhibiting a notable shift in its technical momentum as recent evaluation adjustments reflect a transition from a mildly bearish stance to a sideways trend. This development comes amid a complex interplay of technical indicators, including MACD, RSI, and moving averages, which collectively paint a nuanced picture of the stock’s near-term outlook."
      },
      {
        "title": "How has been the historical performance of Dharmaj Crop?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-dharmaj-crop-3739413",
        "imagepath": "",
        "date": "2025-12-01 23:40:35",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profitability Overview</strong></p>\n<p>For the fiscal year ending 31 March 2025, Dharmaj Crop reported net sales of ₹951.04 crores, with no additional operating income. The company’s total operating income matched this figure, reflecting a focused revenue stream. Raw material costs accounted for ₹595.83 crores, while purchases of finished goods added ₹172.03 crores to the expenditure. Notably, the company experienced a negative stock adjustment of ₹23.49 crores, indicating an increase in inventory levels.</p>\n<p>Employee costs stood at ₹46.79 crores, and other expenses contributed ₹85.11 crores. The total expenditure excluding depreciation was ₹876.27 crores, resulting in an operating profit before depreciation, interest, and tax (PBDIT) of ₹74.77 crores. Including other income o..."
      },
      {
        "title": "Dharmaj Crop Sees Revision in Market Assessment Amid Mixed Financial Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/dharmaj-crop-downgraded-to-sell-by-marketsmojo-amid-declining-score-and-weak-returns-3737069",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/DharmajCrop_mojoScore_3737069.png",
        "date": "2025-11-30 10:24:53",
        "description": "Dharmaj Crop, a microcap player in the Pesticides & Agrochemicals sector, has experienced a revision in its market evaluation reflecting a more cautious outlook. This shift follows a detailed reassessment of the company’s quality, valuation, financial trends, and technical indicators, set against its recent performance and sector context."
      },
      {
        "title": "Why is Dharmaj Crop falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-dharmaj-crop-fallingrising-3722303",
        "imagepath": "",
        "date": "2025-11-22 01:29:45",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Context</strong></p>\n<p>The stock has outperformed its sector today by 6.86%, marking a notable deviation from its recent trend. Over the past week, Dharmaj Crop has gained 4.34%, considerably surpassing the Sensex’s 0.79% rise during the same period. This upward momentum is further underscored by a three-day consecutive gain, during which the stock appreciated by 8.77%. Intraday, the share price touched a high of ₹258.20, representing a 9.87% increase from previous levels. Despite this, the weighted average price indicates that a larger volume of shares traded closer to the day’s low, suggesting some profit-taking or cautious trading near the peak.</p>\n<p><strong>Investor Participation and Liquidity</strong></p>\n<p>Investor engagement has notably increased, ..."
      },
      {
        "title": "Why is Dharmaj Crop falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-dharmaj-crop-fallingrising-3713446",
        "imagepath": "",
        "date": "2025-11-19 00:06:10",
        "description": "As of 18-Nov, Dharmaj Crop Guard Ltd is experiencing a decline in its stock price, currently at Rs 231.00, which reflects a decrease of Rs 5.7 or 2.41%. The stock has underperformed its sector today by 0.82% and has been on a consecutive downward trend for the last four days, resulting in a total decline of 8.73% during this period. Additionally, the stock has shown poor performance over the past week and month, with returns of -6.61% and -22.87%, respectively, while it has underperformed against the benchmark Sensex in the last year by generating a return of -15.35%. Despite some positive financial indicators, such as a 30.7% growth in net sales and a low Debt to EBITDA ratio, the stock's recent movement is negatively impacted by its consistent underperformance against benchmarks and a lack of confidence from domestic mutual funds, which hold no stake in the company.\n\nBroader Market Context: The broader ma..."
      },
      {
        "title": "Dharmaj Crop Guard Reports Strong Sales Growth Amid Rising Interest Expenses Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/dharmaj-crop-guards-financial-trend-declines-from-very-positive-to-positive-amid-rising-costs-3701320",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/DharmajCropGuar_fintrenddot_3701320.png",
        "date": "2025-11-14 11:03:25",
        "description": "Dharmaj Crop Guard reported significant growth in net sales and profits for the quarter ending September 2025, with net sales reaching Rs 347.26 crore. However, rising interest expenses pose challenges to profitability. The company's stock has underperformed against the Sensex, indicating a need for strategic adjustments."
      },
      {
        "title": "Dharmaj Crop Guard Q2 FY26: Margin Pressure Clouds Revenue Growth Story",
        "link": "https://www.marketsmojo.com/news/result-analysis/dharmaj-crop-guard-q2-fy26-margin-pressure-clouds-revenue-growth-story-3715510",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/DharmajCropGuar_quaterlyResult_3715510.png",
        "date": "2025-11-14 09:45:15",
        "description": "Dharmaj Crop Guard Limited, a Gujarat-based agrochemical manufacturer, reported net profit of ₹17.33 crores for Q2 FY26, marking a sharp 46.82% decline on a sequential basis whilst registering modest 15.00% year-on-year growth. The micro-cap company with a market capitalisation of ₹816.37 crores has witnessed its stock price tumble 16.38% over the past year, significantly underperforming both the benchmark Sensex and its sector peers. The quarter's results revealed a mixed performance characterised by robust revenue expansion offset by concerning margin compression, raising questions about operational efficiency and cost management capabilities."
      },
      {
        "title": "How has been the historical performance of Dharmaj Crop?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-dharmaj-crop-3699772",
        "imagepath": "",
        "date": "2025-11-13 23:49:52",
        "description": "Answer:\nThe historical performance of Dharmaj Crop for the year ending March 2025 shows a total operating income of 951.04 crore, with a net profit after tax of 34.83 crore. \n\nBreakdown:\nIn the fiscal year ending March 2025, Dharmaj Crop reported total operating income of 951.04 crore, with raw material costs amounting to 595.83 crore and total expenditure (excluding depreciation) at 876.27 crore, resulting in an operating profit (PBDIT) of 76.92 crore. After accounting for interest expenses of 12.90 crore and depreciation of 18.27 crore, the profit before tax stood at 45.76 crore, leading to a profit after tax of 34.83 crore. The company's earnings per share (EPS) was recorded at 10.3, with a PAT margin of 3.66%. On the balance sheet, total liabilities increased to 733.41 crore from 562.97 crore in the previous year, while total assets also rose to 733.41 crore, reflecting a solid growth trajectory. Cash f..."
      }
    ],
    "total": 275,
    "sid": "1003752",
    "stock_news_url": "https://www.marketsmojo.com/news/dharmaj-crop-guard-1003752"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation",
      "datetime": "20-Nov-2025",
      "details": "Pursuant to regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (the Listing Regulations) read with part A of Schedule III of the Listing Regulations we wish to inform that the management of the Company will meet the Analysts/ Investors as per schedule attached.",
      "source": "BSE"
    },
    {
      "caption": "Announcements Under Regulation 30-Updates-Intimation Regarding Appointment Of Senior Managerial Personnel Mr. Prakash Patel President (Technical- Regulatory Affairs) Of The Company.",
      "datetime": "20-Nov-2025",
      "details": "The Information with captioned subject is attached",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order",
      "datetime": "20-Nov-2025",
      "details": "The details of the Order received is attached",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Is Dharmaj Crop technically bullish or bearish?

2025-12-02 09:27:52

Recent Trend Shift and Price Overview

As of 1 December 2025, Dharmaj Crop's technical trend transitioned from mildly bearish to sideways, signalling a pause in the previous downward momentum. The stock closed at ₹243.30, marginally higher than the previous close of ₹242.45, with intraday highs reaching ₹247.60 and lows at ₹241.40. Despite this slight uptick, the stock remains significantly below its 52-week high of ₹391.25, while comfortably above its 52-week low of ₹168.05, indicating a wide trading range over the past year.

Technical Indicators: A Mixed Picture

Examining the key technical indicators reveals a nuanced outlook. The Moving Average Convergence Divergence (MACD) remains bearish on the weekly chart and mildly bearish on the monthly ...

Read More

Dharmaj Crop Guard Technical Momentum Shifts Amid Mixed Market Signals

2025-12-02 08:12:49

Dharmaj Crop Guard, a key player in the Pesticides & Agrochemicals sector, is exhibiting a notable shift in its technical momentum as recent evaluation adjustments reflect a transition from a mildly bearish stance to a sideways trend. This development comes amid a complex interplay of technical indicators, including MACD, RSI, and moving averages, which collectively paint a nuanced picture of the stock’s near-term outlook.

Read More

How has been the historical performance of Dharmaj Crop?

2025-12-01 23:40:35

Revenue and Profitability Overview

For the fiscal year ending 31 March 2025, Dharmaj Crop reported net sales of ₹951.04 crores, with no additional operating income. The company’s total operating income matched this figure, reflecting a focused revenue stream. Raw material costs accounted for ₹595.83 crores, while purchases of finished goods added ₹172.03 crores to the expenditure. Notably, the company experienced a negative stock adjustment of ₹23.49 crores, indicating an increase in inventory levels.

Employee costs stood at ₹46.79 crores, and other expenses contributed ₹85.11 crores. The total expenditure excluding depreciation was ₹876.27 crores, resulting in an operating profit before depreciation, interest, and tax (PBDIT) of ₹74.77 crores. Including other income o...

Read More

Dharmaj Crop Sees Revision in Market Assessment Amid Mixed Financial Signals

2025-11-30 10:24:53

Dharmaj Crop, a microcap player in the Pesticides & Agrochemicals sector, has experienced a revision in its market evaluation reflecting a more cautious outlook. This shift follows a detailed reassessment of the company’s quality, valuation, financial trends, and technical indicators, set against its recent performance and sector context.

Read More

Why is Dharmaj Crop falling/rising?

2025-11-22 01:29:45

Recent Price Movement and Market Context

The stock has outperformed its sector today by 6.86%, marking a notable deviation from its recent trend. Over the past week, Dharmaj Crop has gained 4.34%, considerably surpassing the Sensex’s 0.79% rise during the same period. This upward momentum is further underscored by a three-day consecutive gain, during which the stock appreciated by 8.77%. Intraday, the share price touched a high of ₹258.20, representing a 9.87% increase from previous levels. Despite this, the weighted average price indicates that a larger volume of shares traded closer to the day’s low, suggesting some profit-taking or cautious trading near the peak.

Investor Participation and Liquidity

Investor engagement has notably increased, ...

Read More

Why is Dharmaj Crop falling/rising?

2025-11-19 00:06:10

As of 18-Nov, Dharmaj Crop Guard Ltd is experiencing a decline in its stock price, currently at Rs 231.00, which reflects a decrease of Rs 5.7 or 2.41%. The stock has underperformed its sector today by 0.82% and has been on a consecutive downward trend for the last four days, resulting in a total decline of 8.73% during this period. Additionally, the stock has shown poor performance over the past week and month, with returns of -6.61% and -22.87%, respectively, while it has underperformed against the benchmark Sensex in the last year by generating a return of -15.35%. Despite some positive financial indicators, such as a 30.7% growth in net sales and a low Debt to EBITDA ratio, the stock's recent movement is negatively impacted by its consistent underperformance against benchmarks and a lack of confidence from domestic mutual funds, which hold no stake in the company. Broader Market Context: The broader ma...

Read More

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

2025-11-14 11:03:25

Dharmaj Crop Guard reported significant growth in net sales and profits for the quarter ending September 2025, with net sales reaching Rs 347.26 crore. However, rising interest expenses pose challenges to profitability. The company's stock has underperformed against the Sensex, indicating a need for strategic adjustments.

Read More

Dharmaj Crop Guard Q2 FY26: Margin Pressure Clouds Revenue Growth Story

2025-11-14 09:45:15

Dharmaj Crop Guard Limited, a Gujarat-based agrochemical manufacturer, reported net profit of ₹17.33 crores for Q2 FY26, marking a sharp 46.82% decline on a sequential basis whilst registering modest 15.00% year-on-year growth. The micro-cap company with a market capitalisation of ₹816.37 crores has witnessed its stock price tumble 16.38% over the past year, significantly underperforming both the benchmark Sensex and its sector peers. The quarter's results revealed a mixed performance characterised by robust revenue expansion offset by concerning margin compression, raising questions about operational efficiency and cost management capabilities.

Read More

How has been the historical performance of Dharmaj Crop?

2025-11-13 23:49:52

Answer: The historical performance of Dharmaj Crop for the year ending March 2025 shows a total operating income of 951.04 crore, with a net profit after tax of 34.83 crore. Breakdown: In the fiscal year ending March 2025, Dharmaj Crop reported total operating income of 951.04 crore, with raw material costs amounting to 595.83 crore and total expenditure (excluding depreciation) at 876.27 crore, resulting in an operating profit (PBDIT) of 76.92 crore. After accounting for interest expenses of 12.90 crore and depreciation of 18.27 crore, the profit before tax stood at 45.76 crore, leading to a profit after tax of 34.83 crore. The company's earnings per share (EPS) was recorded at 10.3, with a PAT margin of 3.66%. On the balance sheet, total liabilities increased to 733.41 crore from 562.97 crore in the previous year, while total assets also rose to 733.41 crore, reflecting a solid growth trajectory. Cash f...

Read More

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