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 ₹ 157 Cr.
- Current Price ₹ 17.4
- High / Low ₹ 26.2 / 14.9
- Stock P/E 8.59
- Book Value ₹ 18.9
- Dividend Yield 0.45 %
- ROCE 11.7 %
- ROE 11.3 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.94 times its book value
- Company has delivered good profit growth of 24.6% CAGR over last 5 years
Cons
- Tax rate seems low
- Company has a low return on equity of 10.7% over last 3 years.
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
276 | 291 | 314 | 316 | 317 | 301 | 268 | 283 | 290 | 329 | 466 | 549 | |
253 | 264 | 287 | 288 | 295 | 280 | 246 | 263 | 270 | 311 | 436 | 513 | |
Operating Profit | 24 | 28 | 27 | 28 | 22 | 21 | 22 | 20 | 20 | 18 | 30 | 36 |
OPM % | 9% | 9% | 9% | 9% | 7% | 7% | 8% | 7% | 7% | 6% | 6% | 7% |
1 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 1 | |
Interest | 8 | 10 | 10 | 13 | 12 | 11 | 11 | 8 | 8 | 4 | 6 | 11 |
Depreciation | 4 | 5 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 |
Profit before tax | 12 | 13 | 14 | 10 | 6 | 6 | 7 | 7 | 7 | 9 | 19 | 20 |
Tax % | 35% | 20% | -22% | 9% | 9% | 10% | 10% | 2% | -7% | 3% | 2% | 8% |
Net Profit | 8 | 10 | 17 | 9 | 6 | 6 | 6 | 7 | 8 | 9 | 19 | 18 |
EPS in Rs | 0.85 | 1.15 | 1.83 | 1.02 | 0.62 | 0.61 | 0.67 | 0.80 | 0.87 | 1.01 | 2.10 | 2.03 |
Dividend Payout % | 9% | 7% | 4% | 5% | 8% | 8% | 7% | 6% | 6% | 6% | 4% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 15% |
3 Years: | 24% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 25% |
3 Years: | 33% |
TTM: | -3% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 23% |
3 Years: | 64% |
1 Year: | -25% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 9% |
3 Years: | 11% |
Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | |
Reserves | 51 | 61 | 77 | 86 | 91 | 96 | 102 | 108 | 117 | 126 | 144 | 162 |
94 | 110 | 130 | 139 | 123 | 107 | 104 | 73 | 60 | 38 | 74 | 124 | |
58 | 84 | 71 | 65 | 84 | 77 | 55 | 98 | 84 | 108 | 148 | 121 | |
Total Liabilities | 212 | 264 | 287 | 299 | 306 | 289 | 270 | 288 | 271 | 281 | 375 | 415 |
51 | 59 | 83 | 86 | 91 | 89 | 89 | 85 | 81 | 81 | 88 | 102 | |
CWIP | 7 | 12 | 6 | 5 | 0 | 2 | 0 | 0 | 1 | 1 | 11 | 12 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
154 | 193 | 198 | 208 | 215 | 198 | 181 | 203 | 188 | 199 | 275 | 300 | |
Total Assets | 212 | 264 | 287 | 299 | 306 | 289 | 270 | 288 | 271 | 281 | 375 | 415 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-8 | 14 | 13 | 13 | 33 | 33 | 13 | 14 | 14 | 14 | -10 | -20 | |
-17 | -18 | -22 | -7 | -4 | -4 | -3 | -1 | -3 | -5 | -23 | -20 | |
25 | 4 | 10 | -6 | -28 | -28 | -11 | -14 | -11 | -9 | 33 | 40 | |
Net Cash Flow | 0 | -0 | 0 | -0 | -0 | 0 | -1 | -0 | 0 | -0 | 0 | 0 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 85 | 113 | 97 | 94 | 115 | 113 | 98 | 87 | 93 | 62 | 40 | 41 |
Inventory Days | 135 | 143 | 149 | 166 | 143 | 134 | 172 | 206 | 151 | 171 | 204 | 170 |
Days Payable | 68 | 98 | 71 | 66 | 87 | 82 | 56 | 113 | 77 | 90 | 86 | 57 |
Cash Conversion Cycle | 151 | 157 | 174 | 194 | 171 | 165 | 214 | 180 | 166 | 143 | 157 | 154 |
Working Capital Days | 125 | 141 | 148 | 164 | 152 | 147 | 173 | 139 | 132 | 95 | 97 | 119 |
ROCE % | 15% | 14% | 12% | 10% | 8% | 8% | 8% | 8% | 8% | 8% | 13% | 12% |
Documents
Announcements
- Disclosure Of Related Parties Transaction 30 May
- Board Meeting Outcome for Outcome Of The Meeting Of The Board 30 May
- Audited Financial Result For The Quarter And Year Ended 31St March 2023. 30 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Secretarial Compliance report under Regulation 24A SEBI (LODR) Regulations, 2015 read with SEBI circular CIR/CFD/CMD1/27/2019 dated February 08, 2019 for Year Ended March 31, 2023 …
- Compliance Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015. 26 May
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]