Dharmaj Crop Guard Limited (DHARMAJ) - Net Assets
Based on the latest financial reports, Dharmaj Crop Guard Limited (DHARMAJ) has net assets worth Rs4.44 Billion INR (≈ $48.05 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs9.56 Billion ≈ $103.37 Million USD) and total liabilities (Rs5.12 Billion ≈ $55.32 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Dharmaj Crop Guard Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.44 Billion |
| % of Total Assets | 46.48% |
| Annual Growth Rate | 84.04% |
| 5-Year Change | 600.01% |
| 10-Year Change | N/A |
| Growth Volatility | 98.22 |
Dharmaj Crop Guard Limited - Net Assets Trend (2018–2025)
This chart illustrates how Dharmaj Crop Guard Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Dharmaj Crop Guard Limited for the complete picture of this company's asset base.
Annual Net Assets for Dharmaj Crop Guard Limited (2018–2025)
The table below shows the annual net assets of Dharmaj Crop Guard Limited from 2018 to 2025. For live valuation and market cap data, see Dharmaj Crop Guard Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs3.94 Billion ≈ $42.65 Million |
+9.75% |
| 2024-03-31 | Rs3.59 Billion ≈ $38.86 Million |
+14.02% |
| 2023-03-31 | Rs3.15 Billion ≈ $34.09 Million |
+271.16% |
| 2022-03-31 | Rs849.18 Million ≈ $9.18 Million |
+50.71% |
| 2021-03-31 | Rs563.44 Million ≈ $6.09 Million |
+59.03% |
| 2020-03-31 | Rs354.29 Million ≈ $3.83 Million |
+236.62% |
| 2019-03-31 | Rs105.25 Million ≈ $1.14 Million |
+90.95% |
| 2018-03-31 | Rs55.12 Million ≈ $596.09K |
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Equity Component Analysis
This analysis shows how different components contribute to Dharmaj Crop Guard Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6446.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.66 Billion | 42.11% |
| Common Stock | Rs337.97 Million | 8.57% |
| Other Components | Rs1.95 Billion | 49.33% |
| Total Equity | Rs3.94 Billion | 100.00% |
Dharmaj Crop Guard Limited Competitors by Market Cap
The table below lists competitors of Dharmaj Crop Guard Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Heranba Industries Limited
NSE:HERANBA
|
$94.83 Million |
|
Creades AB Series A
LSE:0QI9
|
$94.84 Million |
|
Alkindo Naratama Tbk
JK:ALDO
|
$94.84 Million |
|
Charlton Aria Acquisition Corporation Class A Ordinary Shares
NASDAQ:CHAR
|
$94.85 Million |
|
Kyobo With Special Purpose Acq
KQ:205100
|
$94.78 Million |
|
Urbas Grupo Financiero SA
MC:UBS
|
$94.75 Million |
|
Sajo Seafood
KO:014710
|
$94.75 Million |
|
Nahar Spinning Mills Limited
NSE:NAHARSPING
|
$94.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dharmaj Crop Guard Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,593,680,000 to 3,944,110,000, a change of 350,430,000 (9.8%).
- Net income of 348,250,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 3,255,710,000.
- Other factors increased equity by 3,257,890,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs348.25 Million | +8.83% |
| Other Comprehensive Income | Rs-3.26 Billion | -82.55% |
| Other Changes | Rs3.26 Billion | +82.6% |
| Total Change | Rs- | 9.75% |
Book Value vs Market Value Analysis
This analysis compares Dharmaj Crop Guard Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.22x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 14.12x to 2.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | Rs18.37 | Rs259.36 | x |
| 2019-03-31 | Rs52.63 | Rs259.36 | x |
| 2020-03-31 | Rs17.11 | Rs259.36 | x |
| 2021-03-31 | Rs34.24 | Rs259.36 | x |
| 2022-03-31 | Rs34.40 | Rs259.36 | x |
| 2023-03-31 | Rs114.49 | Rs259.36 | x |
| 2024-03-31 | Rs106.33 | Rs259.36 | x |
| 2025-03-31 | Rs117.09 | Rs259.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dharmaj Crop Guard Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.66%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 1.86x
- Recent ROE (8.83%) is below the historical average (26.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 35.75% | 3.11% | 1.90x | 6.06x | Rs14.19 Million |
| 2019 | 47.71% | 3.70% | 2.85x | 4.53x | Rs39.70 Million |
| 2020 | 30.37% | 5.58% | 2.08x | 2.61x | Rs72.16 Million |
| 2021 | 37.20% | 7.05% | 2.31x | 2.29x | Rs153.26 Million |
| 2022 | 33.79% | 7.32% | 1.78x | 2.59x | Rs201.98 Million |
| 2023 | 8.52% | 5.14% | 1.21x | 1.37x | Rs-46.58 Million |
| 2024 | 12.35% | 6.80% | 1.16x | 1.57x | Rs84.39 Million |
| 2025 | 8.83% | 3.66% | 1.30x | 1.86x | Rs-46.16 Million |
Industry Comparison
This section compares Dharmaj Crop Guard Limited's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $4,859,581,100
- Average return on equity (ROE) among peers: 14.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dharmaj Crop Guard Limited (DHARMAJ) | Rs4.44 Billion | 35.75% | 1.15x | $94.80 Million |
| Agro Phos India Limited (AGROPHOS) | $469.69 Million | 12.41% | 0.80x | $6.93 Million |
| Astec LifeSciences Limited (ASTEC) | $970.25 Million | 5.05% | 0.85x | $167.40 Million |
| Bayer Cropscience Limited (BAYERCROP) | $25.24 Billion | 25.56% | 0.72x | $2.32 Billion |
| Best Agrolife Limited (BESTAGRO) | $31.27 Million | 2.19% | 4.68x | $68.89 Million |
| Bhagiradha Chemicals & Industries Limited (BHAGCHEM) | $439.63 Million | 21.56% | 0.95x | $371.49 Million |
| Bharat Rasayan Limited (BHARATRAS) | $285.91 Million | 5.42% | 0.41x | $248.90 Million |
| Bohra Industries Limited (BOHRAIND) | $340.42 Million | 12.70% | 2.21x | $2.15 Million |
| Bombay Super Hybrid Seeds Limited (BSHSL) | $15.23 Million | 16.29% | 1.68x | $111.73 Million |
| Chambal Fertilizers & Chemicals Limited (CHAMBLFERT) | $12.85 Billion | 17.46% | 3.55x | $1.90 Billion |
| Coromandel International Limited (COROMANDEL) | $7.96 Billion | 26.41% | 2.41x | $6.32 Billion |
About Dharmaj Crop Guard Limited
Dharmaj Crop Guard Limited engages in manufacturing, distributing, and marketing of a range of agro chemical formulations in India. The company's agro chemical formulations include insecticides, fungicides, herbicides, plant growth regulators, micronutrient fertilizers, and antibiotics to the B2C and B2B customers. It also manufactures and sells general insect and pest control chemicals for publi… Read more