Rs 2 Dividend, Rs 70 Crore Buyback, 29% PAT Rise: Dhanuka Agritech shares jump 15% on Q4 results

Rs 2 Dividend, Rs 70 Crore Buyback, 29% PAT Rise: Shares of Dhanuka Agritech rallied nearly 15 per cent during Tuesday’s trading session after the agrochemical company announced a share buyback plan, recommended a final dividend, and reported a strong set of earnings for the March quarter of FY26.

The stock climbed as much as 14.9 per cent to hit an intraday high of Rs 1,248 apiece on the National Stock Exchange (NSE). At around 2:40 PM, the scrip was trading 11.80 per cent higher at Rs 1,214 per share.

Dhanuka Agritech shares have gained 14 per cent over the past one week and nearly 20 per cent in the last one month. On a year-to-date basis, the stock is up around 3 per cent.

The stock had touched a 52-week high of Rs 1,975 on August 1, 2025, while its 52-week low stood at Rs 889.60 on March 30, 2026.

Dhanuka Agritech buyback details

The company’s board approved a proposal to buy back fully paid-up equity shares with a face value of Rs 2 each at a price of Rs 1,400 per share, according to a regulatory filing.

The buyback size will be up to 5 lakh equity shares, representing 1.11 per cent of the company’s total paid-up equity capital, for an aggregate amount not exceeding Rs 70 crore.

The company clarified that the maximum buyback size excludes transaction-related costs such as brokerage charges, taxes, stamp duty, public announcement expenses, and other incidental costs.

The board has fixed Friday, May 29, 2026, as the record date to determine shareholders eligible to participate in the buyback offer.

It added that the public announcement and detailed timelines related to the buyback process will be released separately in due course.

Final dividend announced

Alongside the buyback, Dhanuka Agritech’s board also recommended a final dividend of Rs 2 per equity share for FY26, translating into a 100 per cent payout on the face value of Rs 2 each.

The company said the dividend will be paid within 30 days from the conclusion of the annual general meeting (AGM), subject to shareholder approval.

The record date for the dividend has been fixed as Friday, July 17, 2026.

Q4 results snapshot

Dhanuka Agritech reported a profit after tax (PAT) of Rs 97.77 crore for the March quarter, marking a 29.49 per cent year-on-year increase from Rs 75.50 crore in the corresponding period last year.

Revenue from operations rose 9.35 per cent YoY to Rs 483.34 crore in Q4 FY26, compared to Rs 442.02 crore in the year-ago quarter.

Expansion plans in Europe and Brazil

The board also approved the incorporation of wholly owned subsidiaries or acquisition of entities outside India to support the company’s overseas business expansion in Europe and Brazil.

The move is aimed at facilitating the transfer and registration of brands acquired from Bayer, along with registration of additional products under Dhanuka Agritech’s name, subject to regulatory approvals.

The company said the initial investment limit for each overseas entity has been capped at Rs 1 crore, which may be increased later depending on business requirements and board approval.