Dhanuka Agritech announces a share buyback program, purchasing 5 million shares at ₹1400 each, amounting to ₹70 crore. This represents approximately 4.2% of the company's paid-up capital and the record date for this buyback is set for May 29, 2026.
Dhanuka Agritech Limited
DHANUKAPrice History
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Dhanuka Agritech's Q4 profits significantly increased by 29.5%, with earnings per share reaching Rs 21.69. This growth was supported by a 9.3% rise in net sales to Rs 483.3 crore and an EBITDA of Rs 145.4 crore, marking a 20.3% year-on-year increase. Over the past 6 months, shares have returned 12.2%, while over a year they've gained 31.9%.
Nuvama maintains a positive outlook for Dhanuka Agritech and adjusts its price target downwards from ₹1,834 to ₹1,733.
Dhanuka Agritech has announced that May 29, 2026, will be the record date for their upcoming share buyback program. This means only shareholders listed on this date will be eligible to participate in the buyback offer.
Dhanuka Agri's Q4 net profit increased by 30% to 98 crore INR, with revenue growing by 9% to 483 crore INR. The board has also approved a share buyback of up to 1.11 crore INR at 1400 INR per share, indicating improved profitability and a higher margin of 25.7%.
Dhanuka Agritech has announced a 7% surge in its stock price following the approval of a ₹1,400 share buyback, representing a 30% premium. The company's Q4 profit also increased by 30% year-over-year to ₹98 crore, contributing to the stock's rise to ₹1,163.3 post-announcement.
Dhanuka Agritech reports a Profit Before Tax (PBT) of INR 37.86 crores in the FY25-26, securing an unmodified audit opinion. The board has approved a share buyback of 5 lakhs at INR 1,400 per share and proposed a final dividend of INR 2 per share for the same period.
Dhanuka Agritech has authorized a share buyback priced at ₹1,400 per share through a tender offer. This move indicates the company's confidence in its current stock value.
Dhanuka Agritech's Q4 profits have surged by 29%, reaching INR 978 million compared to last year, marking a significant improvement from the INR 755 million reported in the same quarter of 2020.
On May 19th, Dhanuka Agritech's board will convene to review their fiscal year 2026 results, discuss potential equity buybacks, Employee Stock Option Plans (ESOP), and suggest final dividends.
Fertilizer stocks such as Coromandel, Rashtriya Chem, Rallis India, and Dhanuka Agritech have surged by 5% following the US-Iran ceasefire, according to recent reports. Long-term investors may find potential value in these companies.
Dhanuka Agritech is facing increased costs and supply issues as the pre-monsoon season approaches, potentially impacting their operations and profitability. The company may have to navigate these challenges carefully to maintain a steady production level in the upcoming growing season.