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Net Sales are expected to increase by 32.2 percent Y-o-Y (down 32.7 percent Q-o-Q) to Rs. 5,589.2 crore, according to Prabhudas Lilladher.
Margin pressure remains extended, near-term growth triggers remain limited
Net Sales are expected to increase by 6 percent Y-o-Y (up 85.6 percent Q-o-Q) to Rs. 406.4 crore, according to Emkay.
Net Sales are expected to increase by 12.5 percent Y-o-Y (up 97 percent Q-o-Q) to Rs. 431.3 crore, according to Kotak.
Net Sales are expected to increase by 2 percent Y-o-Y (down 12.9 percent Q-o-Q) to Rs. 188.8 crore, according to Kotak.
Post-correction, the stock is now trading at an FY19 estimated price-to-earnings of 14 times
Of the agrochemical stocks, we find PI Industries and Insecticides India on track for growth and would recommend to keep these on radar and accumulate for long term portfolio in a staggered manner.
Net Sales are expected to decrease by 2.3 percent Y-o-Y (down 43.5 percent Q-o-Q) to Rs. 216.4 crore, according to Prabhudas Lilladher.
The stock has corrected 32 percent over the last one year. After the correction, the stock is now trading at an FY19 estimated price-to-earnings of 17 times
Dhanuka Agritech's performance in Q1 remained largely muted. We believe there are numerous factors which support its long term growth story
Net Sales are expected to increase by 4.7 percent Y-o-Y (down 25 percent Q-o-Q) to Rs. 166 crore, according to HDFC Securities.
Brokerages expect a positive FY19 for agrochemical sector on the back of government's intent to double farm incomes and a normal monsoon
In an interview to CNBC-TV18, MK Dhanuka, MD of Dhanuka Agritech discussed the company's Q1 performance.
In an interview to CNBC-TV18 MK Dhanuka, MD of Dhanuka Agritech spoke about the quarterly performance of the company for Q3FY17.
Speaking to CNBC-TV18, MK Dhanuka, MD of Dhanuka Agritech says if the monsoons are good in FY17, then the company could achieve a growth of 20 percent.
MK Dhanuka, MD, Dhanuka Agritech in an interview to CNBC-TV18 spoke about the first quarter numbers and the outlook going forward.
M K Dhanuka, Managing Director of Dhanuka Agritech discusses company's fourth quarter performance and future outlook.
The improvement in margins is expected on the back of higher excise duty refund and lower ad spend.
Dolat Capital has come with its December quarterly earning estimates for agrochemical sector. According to the research firm, agrochemical companies are expected to deliver strong 24.3% YoY revenue growth which shall be primarily volume driven.
Dolat Capital has come with its September quarterly earning estimates for Agrochemical sector. According to the research firm, agrochemical companies are expected to deliver 14.6% YoY revenue growth which shall be primarily volume driven.
Dolat Capital has come with its June quarterly earning estimates for Agrochemical sector. According to the research firm, agrochemical companies are expected to deliver 14% YoY revenue growth which shall be primarily volume driven.