Case study

DHARMAJ

Dharmaj Crop Guard Limited

Worth a closer look1y model +1.9%

Each stock's 10,000-path forecast, rendered as light.

65Score

Dharmaj Crop Guard Limited (DHARMAJ) Stock Analysis & Case Study

Is DHARMAJ a good buy? The data-driven verdict.

Dharmaj Crop Guard Limited (DHARMAJ) trades at ₹266,on the numbers it worth a closer look, a Downstox Snapshot Score of 65/100.

On the numbers, Dharmaj Crop Guard Limited (DHARMAJ) worth a closer look, a Downstox Snapshot Score of 65/100, weighing inexpensive at 14.9× earnings, ROE of 13.0%, a 52% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

DHARMAJ fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹897 Cr
Current price
₹266
P/E ratio
14.9×
P/B ratio
2.00×
Book value
₹133
ROCE
16.4%
ROE
13.0%
Piotroski F-Score
5/8

How DHARMAJ ranks against the 2,373 companies in our screener

Is DHARMAJ overvalued? DHARMAJ P/E vs peers

DHARMAJ trades at 14.9× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

DHARMAJ share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 3.6y of DHARMAJ history (-0%/yr drift, 44%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
DHARMAJ 2027₹153₹270₹478+2%
DHARMAJ 2028₹125₹275₹607+4%
DHARMAJ 2029₹109₹281₹723+6%
DHARMAJ 2030₹95₹286₹857+8%
DHARMAJ 2031₹84₹291₹1,014+10%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability DHARMAJ goes up, or doubles?

52%
Higher in 1 year
Modelled chance the price is above today in 12 months
54%
Higher in 5 years
Modelled chance the price is above today in 5 years
26%
Doubles in 5 years
Modelled chance of reaching ₹531 within 5 years

The bull case for DHARMAJ

  • DHARMAJ's P/E of 14.9x is lower than 74% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • DHARMAJ's return on equity of 13.0% ranks in the 64th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹723.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹109.

DHARMAJ volatility & expected range, how bumpy is the ride?

Over the last 3.6 years DHARMAJ compounded at -0%/year with annualized volatility of 44%. That volatility implies a 1-year 80% range of ₹153-₹478, the honest backbone behind any single price target.

DHARMAJ price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 3.6 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
1.9%
80% range₹153-₹478
P(price ↑)52%
P(price 2×)6%
3-Year Forecast
2029
₹0
Median (P50)
5.7%
80% range₹109-₹723
P(price ↑)53%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
9.6%
80% range₹84-₹1,014
P(price ↑)54%
P(price 2×)26%

DHARMAJ price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
DHARMAJ simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds DHARMAJ hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the DHARMAJ price target & forecast page.

DHARMAJ Piotroski F-Score: 5/8, how financially strong is it?

5/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. DHARMAJ scores 5/8, mixed financial health.

DHARMAJ MTF margin & leverage across 2 brokers

Margin Trading Facility lets you buy DHARMAJ with part of the capital. Lower margin % = higher leverage. Rates compared across 2 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Kotak Neo100.00%1.0×
Share IndiaCHEAPEST33.17%3.0×

Compare every broker on the DHARMAJ MTF page.

About Dharmaj Crop Guard Limited: sector, index & market-cap context

Dharmaj Crop Guard Limited (DHARMAJ) is a small-cap NSE-listed company, with a market capitalisation of ₹897 Cr. See more stocks on our screener.

How the DHARMAJ Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Dharmaj Crop Guard Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

DHARMAJ analysis, FAQs

Is Dharmaj Crop Guard Limited (DHARMAJ) a good buy?

On the numbers, Dharmaj Crop Guard Limited (DHARMAJ) worth a closer look, a Downstox Snapshot Score of 65/100, weighing inexpensive at 14.9× earnings, ROE of 13.0%, a 52% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is DHARMAJ overvalued or undervalued?

DHARMAJ trades at 14.9× earnings, inexpensive versus the ~22× long-run Nifty average.

What is the DHARMAJ share price target for 2031?

DHARMAJ's probability-weighted 2031 median target is ₹291, with an 80% range of ₹84-₹1,014 (10,000-path Monte-Carlo).

What is the probability DHARMAJ doubles in 5 years?

The modelled probability of DHARMAJ reaching ₹531 (2×) within 5 years is 26%.

What is the bull case for DHARMAJ?

DHARMAJ's P/E of 14.9x is lower than 74% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. DHARMAJ's return on equity of 13.0% ranks in the 64th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in DHARMAJ?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on DHARMAJ