---
title: "Dhanlaxmi Crop Science Ltd (DHANLAXMI) — Share Price, Financials & Analysis"
symbol: "DHANLAXMI"
company: "Dhanlaxmi Crop Science Ltd"
canonical: "https://tapetide.com/stocks/DHANLAXMI"
isin: "INE0V9V01010"
nse_symbol: "DHANLAXMI"
sector: "FMCG"
industry: "Agricultural Products"
market_cap_cr: 38.53
generated_at: "2026-09-13T20:00:50.286Z"
---

# Dhanlaxmi Crop Science Ltd (DHANLAXMI)

Canonical page: https://tapetide.com/stocks/DHANLAXMI

## Company

- **NSE Symbol:** DHANLAXMI
- **ISIN:** INE0V9V01010
- **Sector:** FMCG
- **Industry:** Agricultural Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2024-12-16
- **CEO:** Mr. Kamleshkumar Jayantilal Patel
- **Employees:** 47
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** dhanlaxmiseeds.com

## About

Incorporated in 2005, Dhanlaxmi Crop Science Ltd is in the business of manufacturing and processing of agriculture seeds[1]

## Latest Price

- **Price:** ₹23.6
- **Change:** 0 (0%)
- **Open:** ₹23.6
- **Day High:** ₹23.6
- **Day Low:** ₹23.6
- **Previous Close:** ₹23.6
- **Volume:** 4000
- **As Of:** 2026-09-11T04:03:33+00:00

## Key Fundamentals

Observed at 2026-09-11T04:43:04.627889Z.

- **Market Cap:** ₹38.53 Cr
- **Classification:** SME
- **P/E (reported):** -78.7
- **Book Value:** ₹27.83
- **Price to Book:** 0.85
- **Dividend Yield:** 0%
- **ROE:** 18.89%
- **ROCE:** 25.99%
- **Debt to Equity:** 0.23
- **Revenue (yearly):** ₹38.13 Cr
- **Net Income:** ₹-0.49 Cr
- **EBITDA:** ₹1.04 Cr
- **52-Week High:** ₹45.45
- **52-Week Low:** ₹20.05
- **RSI (14):** 42.73

## Tapetide Score

- **Score:** 52 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Flat
- **Percentile:** 56.6 (of 4473 scored stocks)
- **Confidence:** 81%
- **Data coverage:** 62%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 66.03 | 9% |
| growth | 1.1 | 9% |
| momentum | 51.37 | 12% |
| ownership | 75.76 | 24% |
| quality | 55.23 | 22% |
| valuation | 37.68 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.85 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has high debtors of 154 days.
- Working capital days have increased from 190 days to 404 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | — | -295.4% | -562.78% |
| ebitda margin growth | -72.03% | -74.86% | -37.67% |
| net income growth | -105.63% | -110.43% | -181.67% |
| revenue growth | -70.58% | -6% | 1.5% |
| roce | -31.87% | -15.45% | 26.64% |
| roe | -34.97% | 24.74% | -28.12% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 5.2 | 119.95 | 9.35 | 28.79 | 9.34 |
| Expenses | 8.68 | 108.5 | 8.46 | 21.86 | 15.23 |
| Operating Profit | -3.48 | 11.45 | 0.89 | 6.93 | -5.89 |
| OPM % | -66.92 | 9.55 | 9.52 | 24.07 | -63.06 |
| Other Income | 0.04 | 0.01 | 0.31 | 0 | 0 |
| Interest | 0.15 | 0.3 | 0.39 | 0.48 | 0.49 |
| Depreciation | 0.12 | 0.12 | 0.12 | 0.25 | 0.28 |
| Profit before tax | -3.71 | 11.04 | 0.69 | 6.2 | -6.66 |
| Tax % | -23.45 | 25.63 | 31.88 | 25.16 | -22.97 |
| Net Profit | -2.84 | 8.21 | 0.46 | 4.64 | -5.13 |
| EPS in Rs | -3.16 | 6.84 | 0.28 | 2.84 | -3.14 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 35.43 | 46.61 | 63.71 | 129.26 | 38.13 |
| Expenses | 33.88 | 42.12 | 56.83 | 116.92 | 37.09 |
| Operating Profit | 1.55 | 4.49 | 6.88 | 12.34 | 1.04 |
| OPM % | 4.37 | 9.63 | 10.8 | 9.55 | 2.73 |
| Other Income | 0 | 0.03 | 0.04 | 0.32 | 0 |
| Interest | 0.55 | 0.21 | 0.25 | 0.69 | 0.97 |
| Depreciation | 0.21 | 0.22 | 0.23 | 0.24 | 0.53 |
| Profit before tax | 0.79 | 4.09 | 6.44 | 11.73 | -0.46 |
| Tax % | 26.58 | 26.89 | 27.33 | 26 | 8.7 |
| Net Profit | 0.58 | 3 | 4.68 | 8.68 | -0.49 |
| EPS in Rs | 3.27 | 7.5 | 5.2 | 5.32 | -0.3 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 1.78 | 4 | 9 | 16.33 | 16.33 |
| Reserves | 4.4 | 7.4 | 7.1 | 29.61 | 29.12 |
| Borrowings | 9.14 | 2.58 | 1.04 | 7.17 | 10.58 |
| Other Liabilities | 5.54 | 6.05 | 17.82 | 29.81 | 7.81 |
| Total Liabilities | 20.86 | 20.03 | 34.96 | 82.92 | 63.84 |
| Fixed Assets | 2.23 | 2.03 | 2.27 | 3.47 | 4.56 |
| CWIP | 0 | 0 | 0 | 0.39 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 18.63 | 18 | 32.69 | 79.06 | 59.28 |
| Total Assets | 20.86 | 20.03 | 34.96 | 82.92 | 63.84 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2.03 | 6.3 | 0.08 | -12.31 | -13.82 |
| Cash from Investing Activity | 0 | 0 | -0.46 | -1.54 | -1.24 |
| Cash from Financing Activity | -1.2 | -4.51 | -1.75 | 26.64 | 2.57 |
| Net Cash Flow | 0.83 | 1.79 | -2.13 | 12.79 | -12.49 |
| Free Cash Flow | 2.03 | 6.28 | -0.38 | -14.14 | -15.05 |
| CFO/OP | 144 | 165 | 27 | -75 | -1326 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 87.98 | 68.13 | 51.22 | 43.57 | 154.21 |
| Inventory Days | 90.7 | 46.83 | 74.25 | 158.2 | 571.77 |
| Days Payable | 26.52 | 8.41 | 5.49 | 70.53 | 58.93 |
| Cash Conversion Cycle | 152.15 | 106.54 | 119.98 | 131.24 | 667.06 |
| Working Capital Days | 80.36 | 68.44 | 81.12 | 84.74 | 403.96 |
| ROCE % | — | 29.35 | 42.99 | 35.36 | 0.93 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 73.11% | 73.76% | 73.76% | 73.97% |
| FIIs | 6.86% | 5.93% | 3.11% | 0.98% |
| DIIs | 0.49% | 0% | 0% | 1.13% |
| Government | 0% | 0% | 0% | 0% |
| Public | 12.44% | 14.37% | 18.11% | 20.36% |
| Others | 7.1% | 5.94% | 5.02% | 3.56% |
| No. of Shareholders | 1174 | 665 | 687 | 649 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 24.35 | Sell |
| EMA (10) | 24.2 | Sell |
| SMA (20) | 24.91 | Sell |
| EMA (20) | 24.7 | Sell |
| SMA (50) | 25.87 | Sell |
| EMA (50) | 25.83 | Sell |
| SMA (100) | 27.71 | Sell |
| EMA (100) | 27.27 | Sell |
| SMA (200) | 29.21 | Sell |
| EMA (200) | 31.23 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.73 | Neutral |
| MACD (12,26,9) | -0.63 | Sell |
| Stochastic (14,3,3) | 8.7 | Buy |
| ADX (14) | 7.65 | Neutral |
| Williams %R (14) | -91.3 | Buy |
| ATR (14) | 0.98 | High Volatility |
| ROC (12) | -5.6 | Sell |
| Stoch RSI (14) | 10.65 | Buy |
| UO (7,14,28) | 35.93 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 January 2026 - Registrar confirms Regulation 74(5) certificate not applicable for quarter ended Dec 31, 2025; all shares dematerialized. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 January 2026 - Registrar confirms Regulation 74(5) certificate not applicable for quarter ended Dec 31, 2025; all shares dematerialized.](https://nsearchives.nseindia.com/corporate/DHANLAXMI_09012026183331_Intimation-S.pdf) |
| 9 January 2026 - Certificate on Structural Digital Database by the Company Secretary & Compliance officer for the Quarter ended on 31st December, 2025. | [Structural Digital Database 9 January 2026 - Certificate on Structural Digital Database by the Company Secretary & Compliance officer for the Quarter ended on 31st December, 2025.](https://nsearchives.nseindia.com/corporate/DHANLAXMI_09012026183900_SDD-Compliance.pdf) |
| 5 January 2026 - Ratify typo: Piyush Patel appointed Additional Independent Director; Ashokkumar Kateshia resigned, effective 3 January 2026. | [General Updates 5 January 2026 - Ratify typo: Piyush Patel appointed Additional Independent Director; Ashokkumar Kateshia resigned, effective 3 January 2026.](https://nsearchives.nseindia.com/corporate/DHANLAXMI_05012026124154_Revised-Outcome.pdf) |
| 30 Jul - Only digital signature metadata is visible; no announcement details. | [Appointment 30 Jul - Only digital signature metadata is visible; no announcement details.](https://nsearchives.nseindia.com/corporate/DHANLAXMI_30072026155054_Intimation.pdf) |
| 3 January 2026 - Digital signatures by Kamlesh Kumar Jayantilal Patel dated 2026-01-03; no substantive information. | [Change in Director(s) 3 January 2026 - Digital signatures by Kamlesh Kumar Jayantilal Patel dated 2026-01-03; no substantive information.](https://nsearchives.nseindia.com/corporate/DHANLAXMI_03012026171609_Appointment.pdf) |
| 3 January 2026 - DHANLAXMI CROP SCIENCE LIMITED has informed about Resignation of Independent director. | [Resignation of Independent director 3 January 2026 - DHANLAXMI CROP SCIENCE LIMITED has informed about Resignation of Independent director.](https://nsearchives.nseindia.com/corporate/DHANLAXMI_ROID_74806_KMP_Doc.zip) |
| 28 May 2026 - Dhanlaxmi Crop Science reported FY26 audited results; revenue fell to ₹3,812.85 lakhs from ₹12,930.05 lakhs. | [Press Release 28 May 2026 - Dhanlaxmi Crop Science reported FY26 audited results; revenue fell to ₹3,812.85 lakhs from ₹12,930.05 lakhs.](https://nsearchives.nseindia.com/corporate/DHANLAXMI_28052026205405_DhanLaxmi_seeds_results_PR.pdf) |
| 28 May 2026 - Auditors issued unmodified report on half-year and FY ended 31 March 2026 results, dated 28 May 2026. | [General Updates 28 May 2026 - Auditors issued unmodified report on half-year and FY ended 31 March 2026 results, dated 28 May 2026.](https://nsearchives.nseindia.com/corporate/DHANLAXMI_28052026185327_Outcome_of_BM.pdf) |
| 28 May 2026 - Auditors issued unmodified report on Dhanlaxmi Crop Science’s audited half-yearly and FY2026 financial results, dated 28 May 2026. | [Outcome of Board Meeting 28 May 2026 - Auditors issued unmodified report on Dhanlaxmi Crop Science’s audited half-yearly and FY2026 financial results, dated 28 May 2026.](https://nsearchives.nseindia.com/corporate/DHANLAXMI_28052026184041_Outcome_of_BM.pdf) |
| 28 March 2026 - Dhanlaxmi Crop Science Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 | [Trading Window 28 March 2026 - Dhanlaxmi Crop Science Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015](https://nsearchives.nseindia.com/corporate/DHANLAXMI_28032026114226_Intimation-S.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30955_DHANLAXMI_2025_2026_A_11212434_01092026112658.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28416_DHANLAXMI_2024_2025_A_3732179_04092025155600.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/DHANLAXMI_13062025185743_PPT-Dhanlaxmi.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:00:50.286Z.