Best Agrolife Ltd
Best Agrolife (formerly known as Sahyog Multibase Limited) [1] is a leading agrochemicals manufacturer in India and is among the top 15 agrochemicals companies in the country. It is one of the fastest growing manufacturers of Technicals, Formulations, Intermediates and Public Health products. Best Agrochem Private Limited was amalgamated with the Co. in April 2018.
It offers more than 70 Formulations in the form of Insecticides, Herbicides, Fungicides and Plant Growth Regulators, which are developed from active ingredients manufactured in-house. As part of its P2P set-up, Best Agrolife caters to several blue-chip corporates and leading MNCs from India and abroad. [2]
- Market Cap ₹ 923 Cr.
- Current Price ₹ 390
- High / Low ₹ 620 / 244
- Stock P/E 72.1
- Book Value ₹ 342
- Dividend Yield 0.51 %
- ROCE 12.9 %
- ROE 9.95 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.14 times its book value
Cons
- Company has low interest coverage ratio.
- Debtor days have increased from 92.3 to 113 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
Commodities Chemicals Fertilizers & Agrochemicals Pesticides & Agrochemicals
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 127 | 151 | 905 | 1,211 | 1,746 | 1,873 | 1,814 | 1,447 | |
| 126 | 154 | 854 | 1,045 | 1,432 | 1,648 | 1,614 | 1,325 | |
| Operating Profit | 1 | -2 | 51 | 166 | 314 | 226 | 200 | 122 |
| OPM % | 0% | -1% | 6% | 14% | 18% | 12% | 11% | 8% |
| 1 | 4 | 7 | 2 | 3 | 3 | 5 | 3 | |
| Interest | 1 | 2 | 5 | 15 | 39 | 62 | 66 | 60 |
| Depreciation | 0 | 0 | 3 | 12 | 24 | 33 | 43 | 43 |
| Profit before tax | 0 | 0 | 51 | 141 | 253 | 134 | 96 | 21 |
| Tax % | 575% | 100% | 27% | 26% | 24% | 21% | 27% | |
| -0 | 0 | 37 | 105 | 192 | 106 | 70 | 13 | |
| EPS in Rs | -0.65 | 0.03 | 16.83 | 44.31 | 81.27 | 44.94 | 29.56 | 5.40 |
| Dividend Payout % | -0% | 798% | 12% | 5% | 4% | 7% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| TTM: | -16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -13% |
| TTM: | -65% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | -35% |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 21% |
| Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 22 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 46 | 48 | 108 | 306 | 504 | 623 | 734 | 786 |
| 0 | 19 | 33 | 270 | 568 | 637 | 478 | 436 | |
| 63 | 35 | 209 | 384 | 380 | 729 | 713 | 718 | |
| Total Liabilities | 117 | 110 | 372 | 984 | 1,475 | 2,013 | 1,949 | 1,963 |
| 0 | 0 | 19 | 180 | 203 | 362 | 374 | 356 | |
| CWIP | -0 | -0 | 4 | 5 | 14 | 15 | 1 | 1 |
| Investments | 32 | 3 | -0 | -0 | -0 | -0 | 1 | 1 |
| 85 | 107 | 349 | 800 | 1,258 | 1,636 | 1,573 | 1,605 | |
| Total Assets | 117 | 110 | 372 | 984 | 1,475 | 2,013 | 1,949 | 1,963 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| -14 | -41 | 13 | -60 | -180 | 36 | 228 | |
| -34 | 31 | 8 | -15 | -19 | -63 | -29 | |
| 48 | 10 | -11 | 67 | 248 | -1 | -199 | |
| Net Cash Flow | 0 | -0 | 10 | -8 | 49 | -29 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 85 | 87 | 53 | 77 | 73 | 91 | 113 |
| Inventory Days | 67 | 199 | 391 | 864 | 577 | ||
| Days Payable | 72 | 124 | 167 | 521 | 404 | ||
| Cash Conversion Cycle | 85 | 87 | 48 | 152 | 297 | 434 | 286 |
| Working Capital Days | 60 | 150 | 33 | 52 | 47 | 43 | 64 |
| ROCE % | 0% | 41% | 34% | 16% | 13% |
Documents
Announcements
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General Update- Receipt Of The In-Principal Approval For Bonus Shares From National Stock Exchange Of India Limited And BSE Limited
2d - NSE (Jan 1, 2026) and BSE (Dec 31, 2025) approved 12,99,42,450 bonus shares of Rs.1.
- Intimation Of 'Record Date' For The Purpose Of Bonus Issue And Sub-Division Of Face Value Of Equity Shares. 2d
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
30 Dec - Submitted EGM e-voting results and consolidated Scrutinizer’s Report for December 29, 2025 EGM.
- Shareholder Meeting / Postal Ballot-Outcome of EGM 29 Dec
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Closure of Trading Window
24 Dec - Trading window closed from Jan 1, 2026; reopens 48 hours after quarter ended Dec 31, 2025 results.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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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Concalls
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Nov 2025TranscriptPPT
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT
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May 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptPPTREC
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Oct 2024Transcript PPT REC
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Dec 2023TranscriptAI SummaryPPT
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Nov 2023TranscriptPPT
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT REC
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Sep 2020TranscriptAI SummaryPPT
Business Overview
The company is the 13th Largest Indian Agrochemical Company, with a portfolio of 490+ formulations and 115+ technical manufacturing licenses. It offers a wide range of herbicides, insecticides, fungicides, and plant growth regulators including Ronfen, Citigen, Tricolor, Azaro, Cubax Power, etc. [1] [2] [3]