Dharmaj ready to benefit from high demand for agrochemicals

The EBITDA & Revenue targets are very ambitious. This is more than 50% YoY growth in revenue for FY25.
Let’s say the company grows 15% YoY for FY26 (It is very conservative considering the capex the company is doing but let’s be on the safe side). So the revenue in FY26 would be around 1150 crores. At 13% OPM, the EBITDA would be 150 crores atleast from the current TTM of 60 crores. Again very ambitious.

Disclosure : Tracking, not invested