Why is Dharmaj Crop Guard Ltd ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.54 times
- NET SALES(Q) At Rs 189.54 cr has Fallen at -31.0% (vs previous 4Q average)
- PBT LESS OI(Q) At Rs -2.20 cr has Fallen at -114.1% (vs previous 4Q average)
- PAT(Q) At Rs 0.76 cr has Fallen at -93.8% (vs previous 4Q average)
2
With ROCE of 15.2, it has a Very Attractive valuation with a 2 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 14.52%, its profits have risen by 42.4% ; the PEG ratio of the company is 0.4
3
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
4
Market Beating performance in long term as well as near term
- Along with generating 14.52% returns in the last 1 year, the stock has outperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to Dharmaj Crop should be less than 10%
- Overall Portfolio exposure to Pesticides & Agrochemicals should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pesticides & Agrochemicals)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Dharmaj Crop for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Dharmaj Crop
14.86%
0.35
42.96%
Sensex
-6.4%
-0.49
12.94%
Quality key factors
Factor
Value
Sales Growth (5y)
25.69%
EBIT Growth (5y)
17.30%
EBIT to Interest (avg)
14.39
Debt to EBITDA (avg)
1.62
Net Debt to Equity (avg)
0.28
Sales to Capital Employed (avg)
1.55
Tax Ratio
24.70%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
3.60%
ROCE (avg)
12.72%
ROE (avg)
11.64%
Valuation Key Factors 
Factor
Value
P/E Ratio
19
Industry P/E
29
Price to Book Value
2.29
EV to EBIT
13.60
EV to EBITDA
10.85
EV to Capital Employed
2.01
EV to Sales
0.91
PEG Ratio
0.44
Dividend Yield
NA
ROCE (Latest)
15.23%
ROE (Latest)
12.24%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bullish
No Trend
Technical Movement
5What is working for the Company
NET SALES(9M)
At Rs 904.18 cr has Grown at 22.00%
PAT(9M)
Higher at Rs 50.68 Cr
-12What is not working for the Company
NET SALES(Q)
At Rs 189.54 cr has Fallen at -31.0% (vs previous 4Q average
PBT LESS OI(Q)
At Rs -2.20 cr has Fallen at -114.1% (vs previous 4Q average
PAT(Q)
At Rs 0.76 cr has Fallen at -93.8% (vs previous 4Q average
INTEREST(Latest six months)
At Rs 9.14 cr has Grown at 28.91%
NON-OPERATING INCOME(Q)
is 326.80 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is not working for Dharmaj Crop
Net Sales - Quarterly
At Rs 189.54 cr has Fallen at -31.0% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 274.77 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -2.20 cr has Fallen at -114.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 15.58 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 0.76 cr has Fallen at -93.8% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 12.16 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Interest - Latest six months
At Rs 9.14 cr has Grown at 28.91%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Non Operating Income - Quarterly
is 326.80 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Non Operating Income - Quarterly
Highest at Rs 3.17 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






