Basant Agro Tech (India) Ltd
₹ 19.6
-0.56%
12 Dec
4:00 p.m.
About
Incorporated in 1990, Basant Agro-tech Ltd manufacturers wide range of agricultural inputs[1]
Key Points
- Market Cap ₹ 178 Cr.
- Current Price ₹ 19.6
- High / Low ₹ 28.9 / 17.5
- Stock P/E 21.5
- Book Value ₹ 19.5
- Dividend Yield 0.25 %
- ROCE 5.65 %
- ROE 1.30 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 1.02 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.66% over past five years.
- Company has a low return on equity of 8.15% over last 3 years.
- Dividend payout has been low at 6.40% of profits over last 3 years
- Debtor days have increased from 45.6 to 57.6 days.
- Working capital days have increased from 135 days to 193 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
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
291 | 314 | 316 | 317 | 301 | 268 | 283 | 290 | 329 | 466 | 565 | 409 | 421 | |
264 | 287 | 288 | 295 | 280 | 246 | 263 | 270 | 311 | 436 | 529 | 384 | 392 | |
Operating Profit | 28 | 27 | 28 | 22 | 21 | 22 | 20 | 20 | 18 | 30 | 36 | 25 | 30 |
OPM % | 9% | 9% | 9% | 7% | 7% | 8% | 7% | 7% | 6% | 6% | 6% | 6% | 7% |
0 | 0 | 0 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 1 | 2 | 2 | |
Interest | 10 | 10 | 13 | 12 | 11 | 11 | 8 | 8 | 4 | 6 | 11 | 15 | 15 |
Depreciation | 5 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 7 | 7 |
Profit before tax | 13 | 14 | 10 | 6 | 6 | 7 | 7 | 7 | 9 | 19 | 20 | 5 | 10 |
Tax % | 20% | -22% | 9% | 9% | 10% | 10% | 2% | -7% | 3% | 2% | 8% | 20% | |
10 | 17 | 9 | 6 | 6 | 6 | 7 | 8 | 9 | 19 | 18 | 4 | 8 | |
EPS in Rs | 1.15 | 1.83 | 1.02 | 0.62 | 0.61 | 0.67 | 0.80 | 0.87 | 1.01 | 2.10 | 2.03 | 0.44 | 0.91 |
Dividend Payout % | 7% | 4% | 5% | 8% | 8% | 7% | 6% | 6% | 6% | 4% | 4% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 8% |
3 Years: | 7% |
TTM: | -9% |
Compounded Profit Growth | |
---|---|
10 Years: | -18% |
5 Years: | -20% |
3 Years: | -37% |
TTM: | 23% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 44% |
3 Years: | 17% |
1 Year: | -10% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 8% |
3 Years: | 8% |
Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
Reserves | 61 | 77 | 86 | 91 | 96 | 102 | 108 | 117 | 126 | 144 | 162 | 165 | 168 |
110 | 130 | 139 | 123 | 107 | 104 | 73 | 60 | 38 | 74 | 127 | 156 | 131 | |
84 | 71 | 65 | 84 | 77 | 55 | 98 | 84 | 108 | 148 | 118 | 84 | 43 | |
Total Liabilities | 264 | 287 | 299 | 306 | 289 | 270 | 288 | 271 | 281 | 375 | 415 | 414 | 351 |
59 | 83 | 86 | 91 | 89 | 89 | 85 | 81 | 81 | 88 | 102 | 110 | 108 | |
CWIP | 12 | 6 | 5 | 0 | 2 | 0 | 0 | 1 | 1 | 11 | 12 | 1 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 |
193 | 198 | 208 | 215 | 198 | 181 | 203 | 188 | 199 | 275 | 300 | 302 | 240 | |
Total Assets | 264 | 287 | 299 | 306 | 289 | 270 | 288 | 271 | 281 | 375 | 415 | 414 | 351 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
14 | 13 | 13 | 33 | 33 | 13 | 14 | 14 | 14 | -10 | -20 | -13 | |
-18 | -22 | -7 | -4 | -4 | -3 | -1 | -3 | -5 | -23 | -20 | -2 | |
4 | 10 | -6 | -28 | -28 | -11 | -14 | -11 | -9 | 33 | 40 | 14 | |
Net Cash Flow | -0 | 0 | -0 | -0 | 0 | -1 | -0 | 0 | -0 | 0 | 0 | -1 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 113 | 97 | 94 | 115 | 113 | 98 | 87 | 93 | 62 | 40 | 39 | 58 |
Inventory Days | 143 | 149 | 166 | 143 | 134 | 172 | 206 | 151 | 171 | 204 | 170 | 228 |
Days Payable | 98 | 71 | 66 | 87 | 82 | 56 | 113 | 77 | 90 | 86 | 57 | 47 |
Cash Conversion Cycle | 157 | 174 | 194 | 171 | 165 | 214 | 180 | 166 | 143 | 157 | 153 | 238 |
Working Capital Days | 141 | 148 | 164 | 152 | 147 | 173 | 139 | 132 | 95 | 97 | 116 | 193 |
ROCE % | 14% | 12% | 10% | 8% | 8% | 8% | 8% | 8% | 8% | 13% | 11% | 6% |
Documents
Announcements
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Disclosure Of Related Party Transactions.
14 Nov - Disclosure of related party transactions for H1 2024.
-
Board Meeting Outcome for Outcome Of The Meeting Of The Board
14 Nov - Board approved unaudited financial results for Q2 FY2024.
- Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2024 14 Nov
-
Board Meeting Intimation for Notice Of The Meeting Of The Board.
31 Oct - Notice of Board meeting to approve financial results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Oct - Certificate under Regulation 74 (5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September 2024.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2]
BATL is a part of Bhartia Group of Akola. They produe OP & hybrid variety of seeds, SSP fertilizers, agriculture plastics, organic products, chemicals. Company has also diversified into Warehousing, Cold Storage and LABSA manufacturing. It has business segments as:
a) Research, development, bio-technology, processing, marketing of hybrid seeds & BT seeds of field and vegetable crops
b) Manufacturing of NPK Granulated fertilizer, SSP fertilizer
c) Trading of Chemical fertilizers /Bio fertilizers and seeds