Dhanuka Agritech shares rally 15% as board approves buyback, recommends dividend; check Q4 numbers

At around 2:40 PM, the stock was trading 11.80% higher at ₹1,214 per equity share.

The scrip has gained 14% in the past week and 20% over the month. On a year-to-date basis, it has grown 3%.

While the share hit a 52-week high of ₹1,975 apiece on August 1, 2025, it touched a year’s low of ₹889.60 on March 30, 2026.

Dhanuka Agritech buy back

The board of directors of Dhanuka Agritech approved the proposal to buy back its own fully paid-up equity shares of ₹2 each at an offer price of ₹1,400 per equity share, according to a regulatory filing.

The buy-back offer, for up to 5,00,000 fully paid-up equity shares, being 1.11% of the total paid-up equity capital of the company, is for an aggregate amount not exceeding ₹70 crore.

“The Maximum Buyback Size shall not include Transaction costs, viz., brokerage, fees, turnover charges, applicable taxes such as securities transaction tax, goods and services tax, stamp duty, etc., public announcement publication expenses, printing and dispatch expenses and other incidental and related expenses,” it said.

Furthermore, it fixed Friday, May 29, 2026, as the record date for determining the entitlement and the names of equity shareholders eligible to participate in the proposed buyback offer.

It added that the public announcement and other documents setting out the process, timelines, and other statutory details of the Buyback will be released in due course.

Final dividend

Dhanuka Agritech board of directors also recommended a final dividend of ₹2 per equity share, at a rate of 100%, with a face value of ₹2 each for FY26.

The dividend will be paid within 30 days of the company’s annual general meeting (AGM), subject to the approval of members at the ensuing AGM, it said.

Furthermore, the firm set Friday, July 17, 2026, as the record date for the dividend.

Dhanuka Agritech Q4 result snapshot

Dhanuka Agritech reported a profit after tax (PAT) of ₹97.77 crore in the latest March quarter, marking a 29.49% year-on-year (YoY) surge from ₹75.50 crore in the same period last year.

Its revenue from operations jumped 9.35% YoY to ₹483.34 crore during the reporting quarter, compared to ₹442.02 crore in the fourth quarter of the 2024-25 fiscal year (Q4 FY25).

Other updates

Its board of directors also approved the setting up of wholly owned subsidiaries/ or the acquisition of shares of the company outside India to support and facilitate the growth of the Dhanuka Agritech foreign business in Europe and Brazil.

The approval was mainly for transferring the registration of the brands acquired from Bayer and registering various other products in the company’s name, subject to applicable laws and regulatory approvals, it said.

The initial limit for the investment in these entities will be ₹1 crore for each entity, which may be increased as per the business requirements, subject to the approval of the Board.

Dhanuka Agritech has a total market capitalisation of ₹5,473.41 crore as of May 19, 2026, according to data on the NSE.