Price
Financials
Standalone, Rs crore| Jun 2022 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8.39 | 37.74 | 43.03 | 37.99 | 118.67 | 36.21 | 53.12 | 27.23 | 108.59 | 39.95 |
| Expenses | 5.09 | 29.74 | 42.48 | 34.61 | 115.88 | 32.68 | 51.01 | 23.64 | 100.77 | 36.54 |
| Operating Profit | 3.30 | 8.00 | 0.55 | 3.38 | 2.79 | 3.53 | 2.11 | 3.59 | 7.82 | 3.41 |
| OPM % | 39.33% | 21.20% | 1.28% | 8.90% | 2.35% | 9.75% | 3.97% | 13.18% | 7.20% | 8.54% |
| Other Income | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.23 | 0.00 | 0.03 | 0.00 |
| Interest | 0.61 | 0.84 | 0.68 | 0.65 | 1.18 | 0.83 | 0.94 | 1.08 | 0.85 | 0.86 |
| Depreciation | 0.57 | 0.62 | 0.62 | 0.64 | 0.63 | 0.71 | 0.78 | 0.77 | 0.74 | 0.78 |
| Profit before tax | 2.14 | 6.55 | -0.74 | 2.10 | 0.99 | 2.00 | 0.62 | 1.74 | 6.26 | 1.77 |
| Tax % | 29.44% | 24.43% | -18.92% | -3.81% | 82.83% | 12.50% | 41.94% | 4.60% | 25.88% | 28.25% |
| Net Profit | 1.51 | 4.95 | -0.60 | 2.18 | 0.17 | 1.75 | 0.36 | 1.67 | 4.64 | 1.28 |
| EPS in Rs | 0.47 | 1.24 | -0.15 | 0.55 | 0.04 | 0.44 | 0.09 | 0.42 | 1.16 | 0.32 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 18 | 25 | 77 | 79 | 110 | 135 | 237 | 225 | 229 |
| Expenses | 17 | 21 | 70 | 71 | 98 | 122 | 221 | 208 | 212 |
| Operating Profit | 2 | 4 | 7 | 9 | 13 | 14 | 16 | 17 | 17 |
| OPM % | 9% | 18% | 9% | 11% | 12% | 10% | 7% | 8% | 7% |
| Other Income | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 4 |
| Depreciation | 0 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 1 | 1 | 3 | 4 | 8 | 8 | 10 | 11 | 10 |
| Tax % | 46% | 55% | 36% | 23% | 23% | 14% | 21% | 21% | |
| Net Profit | 1 | 1 | 2 | 3 | 6 | 7 | 8 | 8 | 8 |
| EPS in Rs | 0.84 | 0.36 | 0.52 | 1.02 | 1.53 | 1.76 | 2.08 | 2.11 | 1.99 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 24% | 27% | -3% | ||
| Compounded Profit Growth | % | 41% | 11% | 127% | ||
| Stock Price CAGR | % | % | -1% | -10% | ||
| Return on Equity | % | 12% | 11% | 9% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 10 | 20 | 20 | 25 | 25 | 25 | 40 |
| Reserves | 1 | 2 | 3 | 6 | 25 | 33 | 41 | 84 |
| Borrowings | 9 | 52 | 50 | 45 | 43 | 105 | 172 | 165 |
| Other Liabilities | 56 | 25 | 32 | 42 | 75 | 107 | 45 | 126 |
| Total Liabilities | 71 | 89 | 105 | 114 | 168 | 271 | 283 | 414 |
| Fixed Assets | 28 | 46 | 44 | 39 | 35 | 32 | 29 | 27 |
| CWIP | 11 | 0 | 1 | 1 | 1 | 8 | 55 | 86 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 32 | 43 | 60 | 73 | 133 | 231 | 199 | 302 |
| Total Assets | 71 | 89 | 105 | 114 | 168 | 271 | 283 | 414 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -9 | 0 | 10 | -20 | -43 | -25 | -7 | |
| Cash from Investing Activity | -8 | -2 | 3 | 3 | -7 | -47 | -31 | |
| Cash from Financing Activity | 15 | 6 | -10 | 13 | 59 | 63 | 39 | |
| Net Cash Flow | -2 | 4 | 3 | -5 | 9 | -9 | 1 | |
| Free Cash Flow | -18 | -2 | 10 | -23 | -54 | -76 | -41 | |
| CFO/OP | -202% | 4% | 118% | -141% | -301% | -138% | -24% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 16 | 23 | 94 | 63 | 37 | 21 | 186 |
| Inventory Days | 641 | 649 | 532 | 260 | 185 | |||
| Days Payable | 436 | 557 | 333 | 67 | 213 | |||
| Cash Conversion Cycle | 0 | 16 | 227 | 186 | 63 | 235 | 214 | 159 |
| Working Capital Days | -32 | 180 | 99 | 93 | 137 | 165 | 144 | 167 |
| ROCE % | 8% | 7% | 10% | 13% | 9% | 7% | 5% |
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 71.69% | 71.69% | 71.69% | 71.69% | 71.69% | 54.20% | 54.20% | 54.20% | 54.20% | 54.20% |
| Public | 28.31% | 28.31% | 28.31% | 28.31% | 28.31% | 45.80% | 45.80% | 45.80% | 45.80% | 45.80% |
| No. of Shareholders | 880 | 657 | 668 | 677 | 707 | 1,057 | 1,015 | 967 | 953 | 951 |
Fundamentals
Market Cap₹ 159 Cr.
Current Price₹ 38.9
Stock P/E20.0
Book Value₹ 31.0
ROCE5.44 %
ROE8.86 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-3%
Compounded Profit Growth (TTM)127%
Standalone figures.
Valuation
Market capRs 95 Cr
Enterprise valueRs 191 Cr
P/E (TTM)12.01x
Price to book1.65x
Price to sales0.42x
EV / EBITDA11.10x
EV / EBIT13.51x
EV / sales0.83x
Earnings yield8.33%
P/E, 3-year average11.10x
P/B, 3-year average1.35x
P/E, 5-year average11.10x
P/B, 5-year average1.35x
Profitability
Operating margin (excl. other income)10.32%
Operating margin (incl. other income)10.44%
EBITDA margin7.51%
Pre-tax margin4.54%
Net profit margin3.47%
Net margin, latest quarter3.20%
ROE13.02%
ROCE8.84%
ROA3.20%
ROE, 3-year average14.04%
ROCE, 3-year average10.27%
ROA, 3-year average3.51%
ROE, 5-year average11.67%
ROCE, 5-year average9.17%
ROA, 5-year average2.59%
ROIC (approx.)7.97%
Tax rate13.56%
Other income / net worth0.29%
Growth
Sales growth (latest year)22.67%
Profit growth (latest year)15.08%
Sales CAGR, 3 years20.63%
Sales CAGR, 5 years49.08%
Profit CAGR, 3 years61.39%
Profit CAGR, 5 years59.98%
Sales growth QoQ-63.21%
Profit growth QoQ-72.41%
Sales growth YoY (latest quarter)10.33%
Profit growth YoY (latest quarter)-26.86%
Per share
EPS (TTM)Rs 3.18
EPS (latest year)Rs 2.81
EPS (latest quarter)Rs 0.51
EPS, 3-year averageRs 2.30
EPS, 5-year averageRs 1.66
Book value per shareRs 23.17
Sales per shareRs 91.67
Cash flow per shareRs -17.40
Free cash flow per shareRs -16.42
Efficiency
Asset turnover0.50x
Fixed asset turnover4.28x
Inventory turnover0.71x
Inventory days514 days
Debtor days37 days
Debtors turnover9.98x
Creditor days213 days
Cash conversion cycle159 days
Working capital days167 days
Leverage
Total debtRs 105 Cr
Cash and bankRs 10 Cr
Net debtRs 95 Cr
Debt to equity1.82x
Net debt / EBITDA5.55x
Interest coverage3.79x
Owners' fund to total sources21.38%
Debt to assets38.92%
Cash flow
Cash from Operating Activity (latest year)Rs -43 Cr
Cash from Investing Activity (latest year)Rs -7 Cr
Cash from Financing Activity (latest year)Rs 59 Cr
Net Cash Flow (latest year)Rs 9 Cr
Free cash flow (latest year)Rs -41 Cr
FCFE (approx.: FCF + change in debt)Rs 21 Cr
Cash from ops / profit, 5 years-2.66x
Statement figures
Net sales (TTM)Rs 229 Cr
Net sales (latest year)Rs 135 Cr
Sales (latest quarter)Rs 40 Cr
Operating profit excl. other income (latest year)Rs 14 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 17 Cr
PBDT (TTM)Rs 13 Cr
Profit before tax (TTM)Rs 10 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 8 Cr
Net profit (latest year)Rs 7 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 115 Cr
Total expenditure (latest year)Rs 122 Cr
Total income (latest year)Rs 136 Cr
Share capitalRs 25 Cr
ReservesRs 33 Cr
Shareholders' fundsRs 58 Cr
Total assetsRs 271 Cr
Net blockRs 32 Cr
Capital work in progressRs 8 Cr
ReceivablesRs 14 Cr
InventoryRs 162 Cr
Other liabilitiesRs 107 Cr
Shares outstanding (crore)2.50
Ownership
Promoter holding54.20% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 12.0 is at the 17th percentile of its own 3.9-year range
(median 29.7, low 8.9, high 160.1).
P/B 1.65 is at the 17th percentile (median 3.58).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | DOLLEX | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +3.4% | -2.8% | +6.1 pts |
| 1 month | +5.2% | -6.8% | +12.0 pts |
| 3 months | +26.4% | -7.6% | +34.0 pts |
| 6 months | +4.1% | +0.4% | +3.6 pts |
| 1 year | -8.6% | -9.9% | +1.3 pts |
| 2 years | -2.2% | -13.6% | +11.4 pts |
| 3 years | -11.4% | +14.2% | -25.6 pts |
Red flags
F-score 2 of 8| explain | Weak cash conversion Cash from operations was -324% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 19% of total assets in 2026 |
| look | Inventory outrunning sales Inventory grew 60% vs sales +23% in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹40 Cr +10.3% vs Jun 2025.
Net profit ₹1 Cr -26.9%.
Against our estimate for Jun 2026: sales +35.2%, profit -4.8% in line. Our estimate for Sep 2026: sales Rs 54 Cr, profit Rs 2 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Balrampur Chini Mills Ltd | 14,238 | 38.4 | 9.27 % |
| Triveni Engineering and Industries Ltd | 5,270 | 20.1 | 9.02 % |
| Shree Renuka Sugars Ltd | 4,798 | -3.06 % | |
| Bajaj Hindusthan Sugar Ltd | 4,777 | 36.9 | 3.11 % |
| Bannari Amman Sugars Ltd | 4,144 | 34.0 | 8.75 % |
| Dalmia Bharat Sugar & Industries Ltd | 3,334 | 16.2 | 8.18 % |
| Avadh Sugar & Energy Ltd | 1,601 | 23.8 | 6.83 % |
| M.V.K. Agro Food Product Ltd | 1,253 | 25.3 | 14.4 % |
| Uttam Sugar Mills Ltd | 1,110 | 12.6 | 11.4 % |
| Dhampur Sugar Mills Ltd | 1,102 | 15.7 | 6.43 % |
| Zuari Industries Ltd | 840 | 7.27 | 5.45 % |
| Dhampur Bio Organics Ltd | 831 | 32.5 | 4.98 % |
| Dwarikesh Sugar Industries Ltd | 803 | 55.4 | 4.62 % |
| Magadh Sugar & Energy Ltd | 759 | 14.7 | 7.75 % |
| Ugar Sugar Works Ltd | 650 | 22.5 | 9.00 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 days
Quick answers
What is the market cap of Dollex Agrotech Ltd?
Dollex Agrotech Ltd (DOLLEX) has a market capitalisation of Rs 159 Cr. at the 2026-10-01 close.
What is the P/E ratio of Dollex Agrotech Ltd?
Dollex Agrotech Ltd trades at a P/E of 20.0 on trailing twelve-month profit, at the 2026-10-01 close.
What were Dollex Agrotech Ltd's latest quarterly results?
In the Jun 2026 quarter, Dollex Agrotech Ltd sales was Rs 40 Cr (+10.3% vs Jun 2025) and net profit was Rs 1 Cr.
What is the 52-week high and low of Dollex Agrotech Ltd?
The 52-week high is Rs 42.95 and the 52-week low is Rs 26.00.