Nova Agritech Ltd

Nova Agritech Ltd

₹ 49.2 1.65%
10 May - close price
About

Incorporated in 2007, Nova Agri Tech Ltd
is an agri-input manufacturer offering soil
health management, crop nutrition and crop protection products[1]

Key Points

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)

  • 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

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2022 Sep 2023 Dec 2023
30.13 48.50 50.70
25.00 40.84 42.61
Operating Profit 5.13 7.66 8.09
OPM % 17.03% 15.79% 15.96%
0.02 0.02 0.03
Interest 1.41 1.47 1.54
Depreciation 0.47 0.34 0.35
Profit before tax 3.27 5.87 6.23
Tax % 30.58% 24.70% 22.15%
2.27 4.42 4.85
EPS in Rs 1.81 0.68 0.74
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Mar 2024
59.38%
4.72%
3.27%
29.92%
2.70%
No. of Shareholders 82,101

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents