Dhanuka Agritech Limited has released its Un-Audited Financial Results for the Quarter and Nine Months Ended 31st December, 2025. The company reported Revenue from Operations of ₹409.92 Crore for Q3 FY2025-26, a decrease of 7.94% compared to ₹445.27 Crore in Q3 FY2024-25. EBITDA for the quarter stood at ₹58.66 Crore, down from ₹75.56 Crore in the same period last year, marking a 22.37% decline. Profit After Tax (PAT) also saw a significant reduction, falling by 27.33% to ₹40.00 Crore from ₹55.04 Crore in Q3 FY2024-25. The company experienced a challenging quarter with industry-wide volume decline due to stressed demand drivers like weather issues and low crop prices. This impacted domestic sales, particularly in South & West India, while East & North remained stable. Farmers delayed purchases due to extended rainfall and weaker commodity realizations, leading to lower farm incomes and reduced spending on crop protection products. Despite the quarterly downturn, Dhanuka Agritech is focusing on its long-term strategy. The company has commercialized a second product from its Dahej plant in Q3 FY26 and aims to make Dahej operations EBITDA positive in FY27 with 80% capacity utilization. They are also in the final stages of planning for MPP-2. The management remains confident in delivering a double-digit CAGR by focusing on rural market penetration, new product introductions, technical manufacturing, and international market expansion. Looking ahead to FY 2025-26, the company expects flat revenue from operations and a decline of approximately 100 basis points in EBITDA margin. The presentation also highlighted the company's efforts in innovation, with new molecules contributing 16.32% to total revenue in 9M FY26. The company continues to strengthen its associations with agricultural universities and Krishi Vigyan Kendras (KVKs) to impart knowledge and technology to farmers.
