Dharmaj Crop Guard Limited — Credit Ratings, 18-02-2026: Credit Rating

CareEdge Ratings has assigned 'CARE A-; Stable' to Dharmaj Crop Guard's long-term bank facilities and 'CARE A2+' to short-term facilities, with a Stable outlook. This rating reflects strong promoter experience, diversified products, and a comfortable financial profile. Key challenges include moderate profitability and intense competition in the agrochemical sector.