Nova Agritech Ltd
Incorporated in 2007, Nova Agri Tech Ltd
is an agri-input manufacturer offering soil
health management, crop nutrition and crop protection products[1]
- Market Cap ₹ 456 Cr.
- Current Price ₹ 49.2
- High / Low ₹ 78.5 / 47.9
- Stock P/E 54.1
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 23.2 %
- ROE 23.9 %
- Face Value ₹ 2.00
Pros
Cons
- Promoter holding has decreased over last quarter: -24.9%
- The company has delivered a poor sales growth of 1.90% over past five years.
- Company has high debtors of 203 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Fertilizers Industry: Fertilizers
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
106 | 102 | 94 | 125 | 116 | 117 | |
93 | 91 | 84 | 111 | 101 | 96 | |
Operating Profit | 13 | 11 | 11 | 14 | 15 | 20 |
OPM % | 12% | 11% | 11% | 11% | 13% | 17% |
0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 2 | 3 | 6 | 7 | 6 | 7 |
Depreciation | 2 | 2 | 2 | 2 | 2 | 2 |
Profit before tax | 9 | 7 | 3 | 5 | 7 | 12 |
Tax % | 36% | 34% | 40% | 28% | 27% | 31% |
6 | 4 | 2 | 4 | 5 | 8 | |
EPS in Rs | 4.65 | 3.49 | 1.55 | 3.03 | 4.02 | 1.29 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 7% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 63% |
TTM: | 67% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 19% |
Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | 9 | 13 | 15 | 13 | 18 | 27 |
21 | 22 | 37 | 40 | 47 | 46 | |
41 | 49 | 40 | 40 | 51 | 36 | |
Total Liabilities | 83 | 97 | 105 | 106 | 129 | 121 |
12 | 13 | 13 | 14 | 15 | 13 | |
CWIP | 2 | 1 | 0 | 0 | 0 | 1 |
Investments | 2 | 2 | 2 | 2 | 2 | 2 |
68 | 82 | 90 | 90 | 112 | 105 | |
Total Assets | 83 | 97 | 105 | 106 | 129 | 121 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
2 | -11 | 5 | 9 | 8 | ||
-2 | -1 | -3 | -3 | 1 | ||
0 | 11 | -2 | -4 | -8 | ||
Net Cash Flow | -0 | -0 | 0 | 1 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 127 | 176 | 243 | 181 | 229 | 203 |
Inventory Days | 167 | 181 | 164 | 102 | 161 | 168 |
Days Payable | 195 | 214 | 169 | 104 | 210 | 137 |
Cash Conversion Cycle | 100 | 143 | 238 | 179 | 180 | 235 |
Working Capital Days | 87 | 117 | 198 | 146 | 182 | 205 |
ROCE % | 21% | 16% | 18% | 18% | 23% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 22h
- Board Meeting Outcome for POSTAL BALLOT FOR APPOINTMENT OF MR. RAJESH CHERUKURI (DIN: 09840611) AS A WHOLE-TIME-DIRECTOR 1d
-
Compliance Certificate (RTA & CO)
25 Apr - Compliance Certificate for the FY ended 31 March 2024 under Regulation 7(3) of SEBI (LODR) Regulations, 2015
-
Compliance Certificate (PCS)
25 Apr - Submission of Compliance Certificate under Regulation 40(10) of SEBI (LODR) Regulations, 2015
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
25 Apr - Non-applicability of Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31st March, 2024
Business Overview:[1]
NATL is a part of Nova Group. It is primarily
into manufacturing and marketing of bio-fertilizers, bio-pesticides, organic fertilizers, micro, and macronutrients. It sells to dealers, and also directly to the farmers. Company also manufactures pesticides through its 100% owned subsidiary viz. Nova Agri Sciences Private Limited (NASPL)