Dhanuka Agritech Limited , a prominent player in the agrochemical sector, has announced strategic moves for expansion while facing financial challenges in its recent quarterly results. The company's board has approved a significant step towards growth, even as its Q2 financials show a year-over-year decline in key metrics.

Expansion Plans

The board of Dhanuka Agritech has given the green light for land acquisition in Nagpur, Maharashtra. This move is aimed at establishing a new formulation plant, signaling the company's commitment to expanding its manufacturing capabilities. The land purchase is subject to comprehensive due diligence, including:

• Title verification
• Compliance checks
• Property inspections
• Ensuring the land is free from encumbrances
• Obtaining necessary approvals and permissions from authorities

This expansion initiative suggests Dhanuka Agritech's focus on long-term growth and potentially enhancing its product portfolio in the agrochemical market.

Q2 Financial Performance

While the company is planning for future growth, its Q2 financial results reveal some challenges:

The financial data shows a decline across all major metrics:

• Revenue decreased by 7.69% year-over-year
• EBITDA saw a 12.50% reduction
• EBITDA margin contracted by 1.53 percentage points
• Net profit experienced the most significant drop at 20.34%

These figures indicate that Dhanuka Agritech faced headwinds in the second quarter, possibly due to broader market conditions or sector-specific challenges in the agrochemical industry.

Looking Ahead

Despite the current financial pressures, Dhanuka Agritech's decision to invest in a new formulation plant suggests confidence in future market opportunities. The company appears to be balancing short-term financial challenges with long-term strategic growth initiatives.

Investors and market watchers will likely keep a close eye on how these expansion plans unfold and whether they can help reverse the current downward trend in financial performance. The success of the new plant in Nagpur, once operational, could play a crucial role in shaping the company's future financial health and market position in the agrochemical sector.

As the agrochemical industry continues to evolve, Dhanuka Agritech's moves will be closely monitored to assess its adaptability and potential for recovery in the coming quarters.

Dhanuka Agritech Limited , a prominent player in the agrochemical sector, has announced a significant addition to its senior management team. The company has appointed Mr. Sujoy Chakrabarti as Vice President - Sales, effective August 11, 2025. This strategic move aims to strengthen Dhanuka Agritech's sales leadership and drive growth in an increasingly competitive market.

A Seasoned Professional at the Helm

Mr. Chakrabarti brings a wealth of experience to his new role at Dhanuka Agritech. With an impressive 30-year career spanning the telecom and consumer industries in India, he is well-positioned to contribute significantly to the company's sales strategies and market expansion efforts.

Expertise and Skills

The newly appointed Vice President - Sales is recognized for his expertise in several key areas:

• Strategic growth planning
• Product launches
• Digitization initiatives
• Brand building

Mr. Chakrabarti has demonstrated prowess in driving revenue through various channels, including:

• B2B partnerships
• Direct-to-Consumer (D2C) strategies
• Retail operations
• Freelance networks

His experience extends to leading high-impact marketing campaigns and engaging with top-tier stakeholders, including chairpersons, CEOs, and Managing Directors.

Role and Responsibilities

As Vice President - Sales, Mr. Chakrabarti is expected to play a crucial role in shaping Dhanuka Agritech's sales strategies, expanding market reach, and driving revenue growth. His appointment as a Senior Management Personnel underscores the importance of this position within the company's organizational structure.

Terms of Appointment

The company has confirmed that Mr. Chakrabarti's appointment is on a full-time employment basis, highlighting Dhanuka Agritech's commitment to strengthening its core leadership team.

Corporate Governance and Transparency

In line with regulatory requirements, Dhanuka Agritech Limited has promptly disclosed this appointment to the National Stock Exchange of India Limited and BSE Limited. This adherence to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrates the company's commitment to corporate governance and transparency.

The addition of Mr. Sujoy Chakrabarti to Dhanuka Agritech's leadership team is expected to bring fresh perspectives and innovative strategies to the company's sales operations. As the agrochemical sector continues to evolve, this appointment may prove instrumental in Dhanuka Agritech's efforts to maintain and enhance its market position.