Basant Agro Tech (India) Ltd
Basant Agro Tech (India) Limited is a manufacturer of various farm inputs in India comprising NPK mixture granulated fertilisers, phosphatic fertilisers as well as various hybrid seeds. [1]
- Market Cap ₹ 183 Cr.
- Current Price ₹ 20.2
- High / Low ₹ 29.4 / 16.0
- Stock P/E 9.62
- Book Value ₹ 17.9
- Dividend Yield 0.40 %
- ROCE 12.7 %
- ROE 13.2 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 1.13 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 28.0% CAGR over last 5 years
- Debtor days have improved from 64.9 to 39.7 days.
Cons
- Tax rate seems low
- Company has a low return on equity of 9.08% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
169 | 276 | 291 | 314 | 316 | 317 | 301 | 268 | 283 | 290 | 329 | 466 | 560 | |
153 | 253 | 264 | 287 | 288 | 295 | 280 | 246 | 263 | 270 | 311 | 436 | 525 | |
Operating Profit | 16 | 24 | 28 | 27 | 28 | 22 | 21 | 22 | 20 | 20 | 18 | 30 | 35 |
OPM % | 10% | 9% | 9% | 9% | 9% | 7% | 7% | 8% | 7% | 7% | 6% | 6% | 6% |
0 | 1 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 1 | |
Interest | 6 | 8 | 10 | 10 | 13 | 12 | 11 | 11 | 8 | 8 | 4 | 6 | 10 |
Depreciation | 3 | 4 | 5 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 |
Profit before tax | 7 | 12 | 13 | 14 | 10 | 6 | 6 | 7 | 7 | 7 | 9 | 19 | 19 |
Tax % | 17% | 35% | 20% | -22% | 9% | 9% | 10% | 10% | 2% | -7% | 3% | 2% | |
Net Profit | 6 | 8 | 10 | 17 | 9 | 6 | 6 | 6 | 7 | 8 | 9 | 19 | 19 |
EPS in Rs | 0.71 | 0.85 | 1.15 | 1.83 | 1.02 | 0.62 | 0.61 | 0.67 | 0.80 | 0.87 | 1.01 | 2.10 | 2.10 |
Dividend Payout % | 10% | 9% | 7% | 4% | 5% | 8% | 8% | 7% | 6% | 6% | 6% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 9% |
3 Years: | 18% |
TTM: | 44% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 28% |
3 Years: | 40% |
TTM: | 23% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 22% |
3 Years: | 76% |
1 Year: | 1% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 8% |
3 Years: | 9% |
Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | |
Reserves | 40 | 51 | 61 | 77 | 86 | 91 | 96 | 102 | 108 | 117 | 126 | 144 | 153 |
64 | 94 | 110 | 130 | 139 | 123 | 107 | 104 | 73 | 60 | 38 | 74 | 120 | |
37 | 58 | 84 | 71 | 65 | 84 | 77 | 55 | 98 | 84 | 108 | 148 | 73 | |
Total Liabilities | 149 | 212 | 264 | 287 | 299 | 306 | 289 | 270 | 288 | 271 | 281 | 375 | 355 |
41 | 51 | 59 | 83 | 86 | 91 | 89 | 89 | 85 | 81 | 81 | 88 | 93 | |
CWIP | 5 | 7 | 12 | 6 | 5 | 0 | 2 | 0 | 0 | 1 | 1 | 11 | 12 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
103 | 154 | 193 | 198 | 208 | 215 | 198 | 181 | 203 | 188 | 199 | 275 | 249 | |
Total Assets | 149 | 212 | 264 | 287 | 299 | 306 | 289 | 270 | 288 | 271 | 281 | 375 | 355 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-7 | -8 | 14 | 13 | 13 | 33 | 33 | 13 | 14 | 14 | 14 | -10 | |
-10 | -17 | -18 | -22 | -7 | -4 | -4 | -3 | -1 | -3 | -5 | -23 | |
16 | 25 | 4 | 10 | -6 | -28 | -28 | -11 | -14 | -11 | -9 | 33 | |
Net Cash Flow | -1 | 0 | -0 | 0 | -0 | -0 | 0 | -1 | -0 | 0 | -0 | 0 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 80 | 85 | 113 | 97 | 94 | 115 | 113 | 98 | 87 | 93 | 62 | 40 |
Inventory Days | 159 | 135 | 143 | 149 | 166 | 143 | 134 | 172 | 206 | 151 | 171 | 204 |
Days Payable | 71 | 68 | 98 | 71 | 66 | 87 | 82 | 56 | 113 | 77 | 90 | 86 |
Cash Conversion Cycle | 167 | 151 | 157 | 174 | 194 | 171 | 165 | 214 | 180 | 166 | 143 | 157 |
Working Capital Days | 139 | 125 | 141 | 148 | 164 | 152 | 147 | 173 | 139 | 132 | 95 | 97 |
ROCE % | 14% | 15% | 14% | 12% | 10% | 8% | 8% | 8% | 8% | 8% | 8% | 13% |
Documents
Announcements
- Outcome Of The Meeting Of The Board 14h
- Outcome Of The Meeting Of The Board 1d
- Board Meeting Intimation for NOTICE OF THE MEETING OF THE Board 18 Jan
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jan - Certificate under Regulation 74 (5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2022.
- Closure of Trading Window 31 Dec 2022
Annual reports
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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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Products
The company mainly manufactures SSP which contains Phosphate, Sulphur, Calcium and other micronutrients and mixture of nitrogen, phosphorus and potassium (NPK) fertilisers and also processes hybrid and straight variety seeds. Their contributions to revenue are:
SSP Fertilisers: 46% in FY21 vs 31% in FY18
NPK Fertilisers: 18% in FY21 vs 18% in FY18
Seeds: 31% in FY21 vs vs 48% in FY18 [1] [2] [3]