Dharmaj Crop Guard Q2 FY27: revenue down 4.2% to ₹333 Cr, net profit down 23.7% to ₹13 Cr
Results · Finvezto · 4 Nov 2026 · Dharmaj Crop Guard (DHARMAJ)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 333 | -13.0% | -4.2% |
| Operating profit | 24 | -57.8% | -23.9% |
| Net profit | 13 | -65.4% | -23.7% |
| Operating margin | 7.3% | -7.7 pp | -1.9 pp |
| Net margin | 4.0% | -6.0 pp | -1.0 pp |
Key points
- For Q2FY27, Dharmaj Crop Guard reported revenue from operations of Rs 332.6 crore (down 4% YoY), EBITDA of Rs 24.3 crore (down 24% YoY), and profit after tax of Rs 13.3 crore (down 24% YoY). NSE filing
- Performance was impacted by higher input costs following the West Asia crisis and a 27% YoY decline in Technicals sales, while its new Herbicides formulations facility at Kerala GIDC remains on track. NSE filing
- Revenue was ₹333 Cr, down 4.2% on a year earlier and down 13.0% on the quarter before. Finvezto data
What to watch
- Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 3.9%, 4.5%, 15.0%, 7.3%.
- Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: 1, 4, 38, 13.
Links
NSE filing (PDF) · Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.