Latest news with #Dhanuka
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Business Standard
04-08-2025
- Business
- Business Standard
Dhanuka Agritech slips 19% in 2 days post Q1; Axis Sec downgrades to 'Hold'
Dhanuka Agritech share price today: Shares of Gurugram-based agrochemical manufacturer Dhanuka Agritech fell around 6 per cent to hit an intraday low of ₹1,547.6 after it reported a weak set of numbers for the June 2025 quarter (Q1FY26). At 12 PM, Dhanuka's share price was trading 4 per cent lower at ₹1,578.7 per share on the NSE. In comparison, NSE Nifty50 was up 0.44 per cent at 24,672.15 levels. The market capitalisation of the company stood at ₹7,122.22 crore. The stock has plunged nearly 19 per cent in the last two trading sessions. Dhanuka Agritech share price Dhanuka Agritech's profit after tax (PAT) jumped 13.52 per cent year-on-year (Y-o-Y) to ₹55.5 crore in Q1FY26, as against ₹48.89 crore in the same quarter last year (Q1FY25). The revenue from operations grew 7.03 per cent Y-o-Y to ₹528.29 crore in Q1FY26, from ₹493.58 crore a year ago. At the operating level, earnings before interest, tax, depreciation and amortisation (Ebitda) rose 16 per cent Y-o-Y to ₹83.19 crore, from ₹71.72 crore in the same quarter of the previous fiscal year. Subsequently, Ebitda margin expanded to 15.75 per cent in Q1FY26, from 14.53 per cent a year ago. Dhanuka Agritech FY26 guidance The company said, in its investor presentation, that it is expecting higher double-digit growth in its revenue for FY26, while Ebitda guidance remains in line with 2024-25. Dhanuka Agritech Q1 results analysis - Axis Securities According to analysts at Axis Securities, Dhanuka commenced FY26 on a cautious note, posting a 7 per cent Y-o-Y revenue growth in Q1, driven by 5 per cent growth in volumes and a 7 per cent improvement in realisations. The brokerage said that the delayed and uneven southwest monsoon affected timely kharif sowing, softening demand for agri-inputs like herbicides. Conservative farmer sentiment and high channel inventories also weighed on primary sales. However, improved rainfall by late June has brightened agricultural prospects, paving the way for a recovery in Q2. According to Axis Securities, Dhanuka's newly launched 9(3) product — Dinkar, a herbicide for paddy, has received a positive response, particularly in southern markets. The company is on track to launch additional products from its Dahej facility in H2FY26, including Kinzan, a Japanese fungicide (licensed from Nissan Chemicals) targeted at grapes and potatoes. "Furthermore, it plans to launch Melody Duo—a product acquired from Bayer CropScience—along with at least two more new products in FY26, which should support growth momentum," the brokerage said. Axis Securities has downgraded the stock from 'Buy' to 'Hold' with an unchanged target price of ₹1,800 per share, citing limited room for further appreciation at current valuations.
News18
24-07-2025
- Business
- News18
Dhunseri topline to grow 5-fold to Rs 2,500 crore by FY30: Chairman
Kolkata, Jul 24 (PTI) City-based packaging film major Dhunseri Ventures Ltd expects its consolidated topline to grow nearly five-fold to around Rs 2,500 crore by FY30 from Rs 528 crore in FY24, driven by aggressive brownfield and greenfield expansions in its packaging films business, a top company official said on Thursday. The company's Rs 1,240-crore greenfield packaging film project in Jammu's Kathua district is progressing as per schedule after overcoming temporary disruptions caused by geopolitical factors, Dhunseri chairman C K Dhanuka told PTI. 'The revenue will grow to Rs 1,400 crore by FY27 once the brownfield expansion at Panagarh in West Bengal is completed. By FY28, we expect it to reach Rs 2,000 crore, and by FY30, with the full Jammu project operational, the topline should touch Rs 2,500 crore," he said. Dhunseri Poly Films Pvt Ltd (DPFPL), a wholly-owned subsidiary, is investing Rs 1,240 crore in the Jammu project to set up two BOPP (biaxially oriented polypropylene) lines with a combined capacity of 1.28 lakh tonnes per annum. The first line is expected to be operational between April and June 2026, while the second will begin by the first quarter of FY27. The Kathua project, which broke ground in June 2025, is also expected to generate employment in the region. In West Bengal, the company is investing another Rs 1,000 crore in its Panagarh facility to add a 61,000 tonne per annum BOPET (biaxially oriented polyethylene terephthalate) line and a 95,000 tonne per annum BOPP line, both targeted for commissioning by 2029. Currently, DPFPL operates a 51,000 tonne per annum BOPET line at Panagarh, catering to domestic demand with a focus on Eastern India, while also expanding exports. The brownfield expansion will add another one lakh tonne, taking the company's total installed capacity to 2.5 lakh tonnes across locations, Dhanuka said. 'DPFPL has already started exporting its products successfully to various countries, including those in the neighbourhood, and aims to further grow its export footprint," he added. PTI BSM RG view comments First Published: July 24, 2025, 10:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
17-07-2025
- Business
- Time of India
B'desh tea board introduces minimum protection price
1 2 Kolkata: Bangladesh Tea Board has introduced a minimum protection price to support struggling tea gardens. Though this has been a long-time demand of the Indian tea industry, the Tea Board here is yet to implement it. A circular issued by Bangladesh Tea Board in May directed all auction centres to strictly follow the minimum protection price model. Incidentally, the concept of sustainable price was first mooted by senior planter and former Indian Tea Association chairman C K Dhanuka. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata Many tea growers in Assam and north Bengal have been pushed into the red as prices in most cases fail to meet the cost of production. Dhanuka said though Tea Board of India was reluctant initially, it may now be willing to take a relook at his proposals. CISTA president Bijoy Gopal Chakraborty said a minimum floor price has been a long-time demand of small tea growers in north Bengal, as leaves are now being sold at a price lower than the cost. Small tea growers contribute 65% of Bengal's production.
Time of India
19-06-2025
- Business
- Time of India
Dhunseri to invest Rs 1k cr in Panagarh for 2 production lines
Kolkata: Dhunseri Group will invest Rs 1,000 crore in Panagarh, through Dhunseri Polyfilms. Group chairman CK Dhanuka said the company was planning to set up at least two more lines in Panagarh: its first BOPET (Biaxially Oriented Polyethylene Terephthalate) and a BOPP (Biaxially Oriented Polypropylene). The films produced by these lines are mainly used for food and non-food packaging. Dhunseri already has a BOPP production line in Panagarh. Both these lines are expected to be online by 2029, said Dhanuka. The expansion will be put up in the next board meeting for approval by Aug. The capital expenditure on these two lines is expected to be financed with a debt-to-equity ratio of 70:30. "The lines are expected to be commissioned by March 2027. With the fresh expansion plan, DPFPL's installed capacity by the end of 2029 will be about 120,000 tonne for BOPET films and 210,000 tonne for BOPP films," added Dhanuka. Dhunseri has its Panagarh plant at WBIDC industrial park. It also conducted a stone-laying ceremony for two BOPP plants in Jammu's Kathua earlier this month. The company also has a PET resin plant in Haldia through a joint venture with the Indo Rama Group. The JV also has plants in Egypt and Panipat.
Time of India
19-06-2025
- Business
- Time of India
Dhunseri group to build two more poly film units in West Bengal with Rs 1000 crore
Kolkata: Dhunseri Poly Films , a wholly-owned subsidiary of Dhunseri Ventures , plans to set up two polyester films units in West Bengal with a projected investment of Rs 1000 crore, Dhunseri group chairman Chandra Kumar Dhanuka said. The company has one existing poly film making unit in Panagarh Industrial Park in Bardhaman district, 150 km from Kolkata. It became operational in 2024. The proposed units will be set up at the same industrial park. The fresh plan includes one greenfield unit to produce BoPET (biaxially oriented polyethylene terephthalate) -- a polyester film made from stretched polyethylene terephthalate and another unit to produce BOPP (bi-axially oriented polypropylene) which is used in the packaging industry. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Kulkas yang belum Terjual dengan Harga Termurah (Lihat harga) Cari Sekarang Undo "Capex of these two lines are likely to be financed with a 70:30 debt equity ratio and be commissioned by FY29," Dhanuka said. The units in Jammu are expected to be commissioned by March 2027, he said. Live Events
