What we do Dharmaj Crop Guard Ltd manufactures and markets agrochemical products like pesticides, insecticides, herbicides, and fertilizers, serving Indian farmers to enhance crop productivity. |
Founded in 2,015 |
Market share Strong pan-India presence with 5,250+ dealers serving 24 states, growing in branded and institutional agrochemical segments. |
Problem solved Provides crop protection solutions that help farmers increase yield and profitability by controlling pests and enhancing plant growth. |
Top clients or who we serve B2B and B2C, serving Indian farmers, agrochemical formulators, public health, and animal health sectors. |
Key management - |
Our journey and innovations Established manufacturing in 2016; expanded formulations and Active Ingredients capacity; commissioned multipurpose AI facility in 2024; entered new southern markets. |
Where we operate India-wide presence across 24 states with growing exports; manufacturing in Gujarat. |
Top products or what we offer Branded and institutional pesticides, insecticides, herbicides, fungicides, plant growth regulators, micro fertilizers, and technical agrochemical intermediates. |
Top brands - |
Raw materials needed Chemical raw materials for agrochemical formulations and active ingredients. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue shows cyclical trends aligned with agricultural seasons but growing recurring demand. |
Our industry position Emerging as a notable player with expanding technical manufacturing and branded formulation footprints in Indian agrochemical sector. |
Financial highlights FY25 revenue ₹951 crore, net profit ₹34.8 crore; 45%+ revenue growth year-over-year with improving gross margins and scale efficiencies. |
Geographical revenue split Primarily domestic Indian market with growing exports. |
Order book - |
Whats driving growth Capacity expansions, integration of active ingredients, pan-India network, farmer education, and diversified product launches. |
Our future plans Capex in herbicide formulations unit, ramping up Saykha technicals plant, expanding exports, and increasing product registrations. |
Our green promise Installed solar power panels and soil bio-reactor for wastewater treatment to minimize environmental impact. |
Our people and values Growing sales and marketing teams with emphasis on farmer outreach and corporate governance. |
Key challenges ahead Managing finance costs during plant ramp-up, competition, regulatory approvals, and fluctuating agrochemical markets. |
Interesting facts First Indian agrochemical firm with integrated in-house active ingredient manufacturing and branded formulations expansion. |
Risks and strategy Mitigating market volatility through diversification, operational efficiencies, and strategic dealer network expansion. |