Dharmaj Crop Guard Ltd (DHARMAJ)

Dharmaj Crop Guard Limited was incorporated as a Public Limited Company on January 19 2015 under Companies Act 2013 issued by the Registrar of Companies Gujarat at Ahmedabad. The Company being an agrochemical company is presently engaged in business of manufacturing distributing and marketing of a wide range of agro chemical formulations such as insecticides fungicides herbicides plant growth regulator micro fertilizers and antibiotic to the B2C and B2B customers. It is also engaged in marketing and distribution of agrochemical products through generic brands to Indian farmers through their distribution network. It provide crop protection solutions to the farmer to assist them to maximize productivity and profitability.The Company sell their agrochemical products in granules powder and liquid forms. Additionally it manufacture and sell general insect and pest control chemicals for Public Health and Animal Health protection. The Company expands product portfolio by introducing new products such as manufacture and sale of various formulations of insecticides fungicide and herbicides plant growth regulators micro fertilizers and antibiotics. In 2016 the Company acquired Plot at Taluka Bavla Ahmedabad and commenced their manufacturing facility for agrochemical formulations. Apart from these it has installed a soil bio reactor at our manufacturing facility which is used to treat waste/ sewage water and to remove pollutants. It has also installed solar power panels at their manufacturing facility to generate green power in order to use the electricity which is sourced from third party during the manufacturing process. The aggregate capacity of installed solar power panels is 85320 KW per annum which caters to electricity requirements at manufacturing facility and helps to reduce dependency on third party electricity requirements.As a part of expansion plans and to achieve backward integration for Company operations it acquired around 33489.73 sq. mtrs of land at Saykha Industrial Estate Bharuch in Gujarat from GIDC to set up a manufacturing facility for Agrochemical Technicals and its intermediates during the year 2021. It has obtained registrations of 6 agrochemical technicals and have applied for registration of 17 agrochemical technicals from the CIBRC which will be manufactured in this new manufacturing facility. Besides the Company educate farmers regarding the benefits of using their products by conducting farmer training programs such as field demonstrations field shows meetings with group of farmers jeep campaigns and participating in village level programmes to establish direct relationship with farmer communities all over India. As of September 30 2022 Company had over 118 branded formulations that are sold to farmers. Further it had more than 154 institutional products that the Company sold to more than 600 customers based in India and in the international markets. As of September 30 2022 it exported products to more than 66 customers across 25 countries.As of November 30 2021 the aggregate installed capacity of Company manufacturing facility for agrochemical formulations was 25500 MT. In addition the Company manufactured 7577.21 MT of agrochemical formulations in Fiscal 2021. The manufacturing facility are equipped with modern plant and machinery capable of producing quality agrochemical products and have received quality control certifications such as ISO 9001:2015 ISO 14001:2015 and ISO 45001:2018 for development and manufacturing of agrochemical formulations such as insecticides herbicides fungicides micro fertilizers and plant growth regulators. The Company came out with a Public Issue during November 2022 by raising Rs. 251 crores through Fresh Issue amounting to Rs. 216 crores and Offer for Sale amounting to Rs. 35 crores.

Dharmaj Crop Guard Ltd Share Price: ₹158.20 per share as on 22 Mar, 2023 04:01 PM
Dharmaj Crop Guard Ltd Market Capitalisation: ₹553.60Cr as of today
Dharmaj Crop Guard Ltd Listing date: 12 Aug, 2022
Dharmaj Crop Guard Ltd Chairperson Name: Rameshbhai Ravajibhai Talavia