Dhanuka Agritech Reports Q3FY26 Results; Revenue ₹410.92 Crore, Appoints New Director
Dhanuka Agritech announced Q3FY26 financial results with revenue of ₹410.92 crore and net profit of ₹39.99 crore, showing declines from the previous year. The Board appointed experienced business leader Sanjiv Goel as Independent Director for a five-year term subject to shareholder approval through postal ballot, while Mr. Sachin Kumar Bhartiya will cease as director on February 8, 2026.
*this image is generated using AI for illustrative purposes only.
Dhanuka Agritech Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, following a Board meeting held on February 5, 2026. The company reported quarterly revenue of ₹410.92 crore and net profit of ₹39.99 crore for Q3FY26. The Board also approved key appointments and governance changes during the meeting.
Q3FY26 Financial Performance
The company's quarterly results showed mixed performance across key financial metrics:
| Metric: | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations: | ₹410.92 crore | ₹445.27 crore | -7.72% |
| Net Profit: | ₹39.99 crore | ₹55.04 crore | -27.32% |
| Profit Before Tax: | ₹49.73 crore | ₹68.08 crore | -26.96% |
| Basic EPS: | ₹8.87 | ₹12.25 | -27.59% |
For the nine-month period ended December 31, 2025, the company achieved revenue from operations of ₹1,536.45 crore compared to ₹1,593.13 crore in the corresponding previous period, representing a decline of 3.56%. Net profit for nine months stood at ₹189.46 crore versus ₹221.46 crore in the previous year.
Board Appointments and Changes
The Board approved significant leadership changes during the meeting:
| Parameter: | Details |
|---|---|
| New Appointment: | Mr. Sanjiv Goel (DIN: 03616090) |
| Position: | Additional Director (Independent) |
| Tenure: | 5 years (Feb 5, 2026 to Feb 4, 2031) |
| Approval Required: | Postal ballot by shareholders |
| Outgoing Director: | Mr. Sachin Kumar Bhartiya |
| Cessation Date: | February 8, 2026 |
Mr. Sanjiv Goel brings over 40 years of experience in techno-commercial roles and strategic management. He is the Promoter of Profectus Solutions and has served as Partner/Advisor with various business groups. The appointment is subject to shareholder approval through postal ballot, with the cut-off date set for February 13, 2026.
Committee Reconstitution
Following the directorial changes, the Board reconstituted key committees:
Audit Committee:
- Mr. Satish Kumar Gupta (Chairman)
- Mr. Sanjay Saxena (Member)
- Mr. Bajrang Lal Bajaj (Member)
- Mr. Mahendra Kumar Dhanuka (Member)
Nomination & Remuneration Committee:
- Mr. Sanjay Saxena (Chairman)
- Mr. Bajrang Lal Bajaj (Member)
- Mr. Satish Kumar Gupta (Member)
Regulatory Compliance and Outlook
The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by statutory auditors S S Kothari Mehta & Co. LLP. The company noted that demand for agro-chemical products depends on monsoon patterns, pest infestation, and crop cycles, which may cause variations in results across periods.
The Board meeting commenced at 1:00 PM and concluded at 2:35 PM on February 5, 2026. M/s. VAPN & Associates has been appointed as Scrutinizer for the postal ballot process to seek shareholder approval for the new director appointment.
Historical Stock Returns for Dhanuka Agritech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.79% | -2.78% | -9.20% | -14.17% | -37.69% | 0.0% |
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