Dhanuka Agritech Limited — PPTs, 05-02-2026: Investor Presentation

**Business Performance:** Dhanuka Agritech reported a challenging Q3 FY26, with revenue from operations dropping 7.94% YoY to Rs. 409.92 Cr. Profit After Tax (PAT) also saw a significant decline of 27.33% to Rs. 40.00 Cr, resulting in an EPS of Rs. 8.87. This dip was largely due to weak agrochemical demand stemming from adverse weather conditions and lower crop prices, especially impacting sales in South & West India.

**Growth Drivers or Strategy:** The company's strategy focuses on deeper rural market penetration, continuous new product introductions, technical manufacturing advancements, and expanding into international markets. They are committed to achieving a double-digit Compound Annual Growth Rate (CAGR) by leveraging innovation, with new molecules contributing 16.32% to 9M FY26 revenue.

**Recent Developments:** Dhanuka Agritech successfully commercialized its second product from the new Dahej plant during Q3 FY26. The company also experienced significant growth in its digital outreach for farmer engagement across various platforms.

**Key Financial Metrics:** The EBITDA margin for Q3 FY26 stood at 14.31%, down from 16.97% in the same period last year.

**Management Commentary / Outlook:** Management anticipates the Dahej plant operations will turn EBITDA positive in FY27, aiming for 80% capacity utilization. For the full FY26, they project flat revenue and an approximate 100bps decline in EBITDA.