Bharat Agri Fert & Realty Ltd
₹ 40.0
1.52%
04 Jul
10:44 a.m.
About
Incorporated in 1985, Bharat Agri Fert & Realty Ltd is in the business of construction and development of Residential and Commercial
Complex, Manufacture of Fertilisers and Operating a Resort[1]
Key Points
- Market Cap ₹ 211 Cr.
- Current Price ₹ 40.0
- High / Low ₹ 105 / 35.1
- Stock P/E 230
- Book Value ₹ 9.54
- Dividend Yield 0.13 %
- ROCE 4.45 %
- ROE 1.84 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 4.13 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 2.31% over past five years.
- Company has a low return on equity of -10.2% over last 3 years.
- Earnings include an other income of Rs.7.30 Cr.
* 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
Commodities Chemicals Fertilizers & Agrochemicals Fertilizers
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 78.34 | 57.21 | 51.59 | 43.99 | 33.47 | 45.29 | 22.61 | 25.64 | 23.01 | 29.22 | 22.26 | 25.35 | |
| 51.06 | 44.22 | 49.48 | 41.60 | 31.06 | 45.56 | 26.50 | 27.89 | 21.00 | 32.32 | 25.69 | 23.43 | |
| Operating Profit | 27.28 | 12.99 | 2.11 | 2.39 | 2.41 | -0.27 | -3.89 | -2.25 | 2.01 | -3.10 | -3.43 | 1.92 |
| OPM % | 34.82% | 22.71% | 4.09% | 5.43% | 7.20% | -0.60% | -17.20% | -8.78% | 8.74% | -10.61% | -15.41% | 7.57% |
| 1.65 | 1.31 | 0.68 | 1.08 | 1.98 | 1.93 | 1.08 | 0.45 | 3.37 | 1.54 | 6.96 | 7.30 | |
| Interest | 0.57 | 0.22 | 0.75 | 1.85 | 1.22 | 2.20 | 1.47 | 1.76 | 2.08 | 3.43 | 2.93 | 5.64 |
| Depreciation | 1.55 | 1.89 | 2.19 | 2.60 | 3.00 | 3.08 | 2.68 | 2.32 | 2.73 | 3.32 | 3.84 | 4.50 |
| Profit before tax | 26.81 | 12.19 | -0.15 | -0.98 | 0.17 | -3.62 | -6.96 | -5.88 | 0.57 | -8.31 | -3.24 | -0.92 |
| Tax % | 21.67% | 22.97% | 40.00% | -7.14% | 94.12% | -7.18% | 0.00% | 2.04% | 10.53% | -0.72% | -1.23% | -200.00% |
| 20.99 | 9.40 | -0.21 | -0.91 | 0.01 | -3.36 | -6.96 | -6.00 | 0.51 | -8.25 | -3.20 | 0.92 | |
| EPS in Rs | 3.97 | 1.78 | -0.04 | -0.17 | 0.00 | -0.64 | -1.32 | -1.13 | 0.10 | -1.56 | -0.61 | 0.17 |
| Dividend Payout % | 6.30% | 8.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -8.27% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | 2% |
| 3 Years: | 3% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -21% |
| 5 Years: | 16% |
| 3 Years: | 29% |
| TTM: | 111% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 19% |
| 3 Years: | -1% |
| 1 Year: | -59% |
| Return on Equity | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -8% |
| 3 Years: | -10% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 |
| Reserves | 63.16 | 71.60 | 71.39 | 71.98 | 70.93 | 67.67 | 60.76 | 55.04 | 55.72 | 47.42 | 44.04 | 45.13 |
| 7.06 | 14.71 | 19.74 | 14.31 | 17.48 | 14.70 | 14.47 | 18.24 | 22.95 | 26.96 | 45.12 | 67.17 | |
| 20.26 | 15.36 | 23.69 | 18.30 | 17.40 | 26.88 | 15.82 | 16.34 | 15.74 | 15.91 | 13.44 | 29.19 | |
| Total Liabilities | 95.77 | 106.96 | 120.11 | 109.88 | 111.10 | 114.54 | 96.34 | 94.91 | 99.70 | 95.58 | 107.89 | 146.78 |
| 18.93 | 17.62 | 21.97 | 23.62 | 26.08 | 23.65 | 21.25 | 19.34 | 26.44 | 29.02 | 31.62 | 34.90 | |
| CWIP | 0.00 | 3.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.26 | 0.00 | 0.00 | 0.53 | 7.19 |
| Investments | 0.02 | 0.02 | 0.88 | 0.88 | 0.88 | 0.37 | 0.37 | 0.37 | 0.40 | 0.35 | 0.99 | 0.31 |
| 76.82 | 85.87 | 97.26 | 85.38 | 84.14 | 90.52 | 74.72 | 67.94 | 72.86 | 66.21 | 74.75 | 104.38 | |
| Total Assets | 95.77 | 106.96 | 120.11 | 109.88 | 111.10 | 114.54 | 96.34 | 94.91 | 99.70 | 95.58 | 107.89 | 146.78 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12.90 | -8.55 | -16.18 | 10.41 | 10.31 | 0.65 | -0.37 | 9.48 | 7.52 | 5.24 | -14.77 | -7.58 | |
| -2.33 | -1.04 | -4.45 | -5.12 | -6.99 | -0.65 | 1.86 | -7.64 | -9.79 | -5.74 | 2.18 | -12.93 | |
| -1.26 | 7.41 | 3.34 | -5.27 | 1.22 | -4.55 | -1.50 | -1.76 | 2.20 | 0.57 | 13.57 | 19.56 | |
| Net Cash Flow | 9.31 | -2.18 | -17.29 | 0.01 | 4.54 | -4.55 | 0.00 | 0.08 | -0.07 | 0.08 | 0.99 | -0.95 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57.59 | 69.80 | 104.50 | 106.29 | 130.75 | 102.67 | 187.10 | 146.77 | 157.20 | 11.74 | 6.89 | 21.02 |
| Inventory Days | 363.48 | 496.06 | 603.84 | 596.06 | 879.73 | 714.97 | 1,253.98 | 920.10 | 2,203.70 | 1,607.04 | 4,749.96 | |
| Days Payable | 74.11 | 90.78 | 200.63 | 164.09 | 246.44 | 358.77 | 321.46 | 285.92 | 543.73 | 339.33 | 555.43 | |
| Cash Conversion Cycle | 346.95 | 475.07 | 507.71 | 538.26 | 764.04 | 458.87 | 1,119.62 | 780.94 | 1,817.16 | 1,279.45 | 4,201.41 | 21.02 |
| Working Capital Days | 153.24 | 247.80 | 347.81 | 374.29 | 406.22 | 299.40 | 601.02 | 403.86 | 530.45 | 351.26 | 631.95 | 689.83 |
| ROCE % | 41.62% | 14.85% | 0.65% | 0.90% | 1.50% | -1.53% | -6.53% | -5.18% | 3.15% | -6.12% | -6.57% | 4.45% |
Documents
Announcements
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Closure of Trading Window
26 Jun - Trading window closed from July 1, 2025, till 48 hours after Q1 financial results announcement.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2 Jun - Newspaper Advertisement for publication of Audited Financial Results for the quarter and year ended on 31st March, 2025.
-
Receipt Of NA (Non-Agricultural) Permission And Development Approval For ANCHAVIYO Land.
30 May - Received NA permission and development approval for tourism resort land in Palghar, Maharashtra.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report for FY2025; minor fine Rs.11,800 for delayed cash flow statement submission.
- Financials Results For Quarter And Year Ended March 31, 2025 30 May
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
from bse
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Financial Year 2010
from bse
Concalls
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Feb 2024TranscriptPPT
Divisional Operations:[1]
a) Fertilizer Division:
In FY23, BAFRL did a production of ~7,586 MT SSP and sold ~9,894 MT SSP. Due to increased cost of Prime Raw Material (i.e. Imported Rock Phosphate) and inadequate working capital limits, company’s performance was severely affected and management has approached bankers to consider enhancement of Working Capital limits, which is under process. Company has a marketing tie up with M/s Greenstar Fertilizers Limited for 25,000 MT and with its own marketing setup for 15,000 MT, company anticipate total sale of 40,000 M.T. with revenue of Rs.70 Crore.
Anchaviyo Resort(Mumbai): The company owns Anchaviyo resort in Palghar district, Wada which is built on its own land parcel of 100-120 acres. The company currently has 51 rooms which will be increased to 60 rooms by March 2024 and has plans to increase 4-5 every quarter which will increase the resort's capacity to 125 rooms. The average yearly occupancy of the resort is almost 50%-60%.
Realty Division:** The company owns a land parcel in the heart of Thane city in Majiwada where it has started developing 60-storied building. The company has already received regulatory permission till 35 floors. Each floor will have 8 flats in combination of 2 and 3 BHK. And the project is expected to be completed within 3-4 years.[2]