Dollex Agrotech Limited

Dollex Agrotech Limited (DOLLEX) is a micro-cap Fast Moving Consumer Goods company valued at ₹144 crore operating in Sugar on the NSE and BSE.

Recent price move

Dollex Agrotech Limited last traded at ₹36.5, modestly up 1.33% on the day.

Recent developments

On 2026-06-30, promoters pledged 88.4% of their holding, raising concerns about liquidity and control. The company has not paid dividends despite reporting profits, suggesting it may be retaining earnings or capitalizing interest costs.

Financial performance

The company's annual revenue fell 5.1% year-over-year, but net profit remained flat. The latest quarter saw revenue rise 10.3% compared to the same quarter a year earlier, while net profit dropped 26.9%, indicating a widening gap between revenue growth and profitability.

Valuation multiples

The stock trades at 16.1 times earnings, a discount to the Fast Moving Consumer Goods median of 19.6, 1.26 times book value.

Things to watch

The stock is 8.7% below its 52-week high, and the company has not distributed dividends despite repeated profits. Promoters have pledged a significant portion of their holding, which could signal financial stress or a lack of confidence in the business.

Where it stands

Dollex Agrotech Limited reported flat annual net profit despite a 5.1% revenue decline, with the latest quarter showing mixed results. Promoters have pledged 88.4% of their holding, and the stock is trading 8.7% below its 52-week high. The company's net profit margin improved slightly, but its ability to convert revenue into profit remains a key challenge.

Summarised by DocStoX's model on 2026-09-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.