MRC Agrotech Ltd
Incorporated in 2015, MRC Agrotech Ltd provides a technology-oriented trading platform in commodity trading[1]
- Market Cap ₹ 93.6 Cr.
- Current Price ₹ 45.7
- High / Low ₹ 49.8 / 10.2
- Stock P/E 105
- Book Value ₹ 15.0
- Dividend Yield 0.00 %
- ROCE 5.21 %
- ROE 3.97 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 273 to 113 days.
- Company's working capital requirements have reduced from 354 days to 42.4 days
Cons
- Stock is trading at 3.18 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 14.6%
- Company has a low return on equity of 2.50% over last 3 years.
- Earnings include an other income of Rs.0.64 Cr.
- Promoter holding has decreased over last 3 years: -13.0%
* 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
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 6m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.93 | 15.21 | 23.39 | 12.33 | 16.92 | 5.78 | 12.28 | 6.58 | 14.66 | 32.45 | 34.43 | |
| 4.07 | 15.57 | 23.84 | 12.80 | 17.27 | 6.17 | 12.45 | 6.65 | 15.18 | 31.79 | 33.78 | |
| Operating Profit | -0.14 | -0.36 | -0.45 | -0.47 | -0.35 | -0.39 | -0.17 | -0.07 | -0.52 | 0.66 | 0.65 |
| OPM % | -3.56% | -2.37% | -1.92% | -3.81% | -2.07% | -6.75% | -1.38% | -1.06% | -3.55% | 2.03% | 1.89% |
| 0.17 | 0.58 | 0.57 | 0.69 | 0.58 | 0.58 | 0.64 | 0.54 | 1.70 | 0.57 | 0.64 | |
| Interest | 0.00 | 0.03 | 0.05 | 0.06 | 0.03 | 0.02 | 0.00 | 0.00 | 0.02 | 0.02 | 0.02 |
| Depreciation | 0.01 | 0.02 | 0.02 | 0.01 | 0.09 | 0.03 | 0.01 | 0.00 | 0.00 | 0.01 | 0.02 |
| Profit before tax | 0.02 | 0.17 | 0.05 | 0.15 | 0.11 | 0.14 | 0.46 | 0.47 | 1.16 | 1.20 | 1.25 |
| Tax % | 50.00% | 29.41% | 200.00% | 0.00% | 36.36% | 28.57% | 23.91% | 27.66% | 22.41% | 26.67% | |
| 0.01 | 0.12 | -0.04 | 0.14 | 0.07 | 0.10 | 0.34 | 0.34 | 0.89 | 0.88 | 0.89 | |
| EPS in Rs | 0.05 | 0.40 | -0.04 | 0.13 | 0.07 | 0.10 | 0.33 | 0.33 | 0.85 | 0.43 | 0.42 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 38% |
| TTM: | 139% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 66% |
| 3 Years: | 37% |
| TTM: | 328% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 57% |
| 3 Years: | -7% |
| 1 Year: | 185% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 3% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.09 | 2.97 | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 | 20.49 |
| Reserves | 3.07 | 4.51 | 1.51 | 1.66 | 1.73 | 1.63 | 1.97 | 2.34 | 3.25 | 10.16 |
| 0.48 | 0.78 | 1.69 | 2.37 | 0.43 | 0.13 | 0.75 | 0.31 | 1.60 | 0.94 | |
| 3.63 | 5.61 | 1.68 | 0.75 | 1.72 | 6.99 | 2.05 | 4.96 | 7.18 | 8.58 | |
| Total Liabilities | 9.27 | 13.87 | 15.30 | 15.20 | 14.30 | 19.17 | 15.19 | 18.03 | 22.45 | 40.17 |
| 0.02 | 0.02 | 0.02 | 0.14 | 0.05 | 0.02 | 0.01 | 0.00 | 0.00 | 0.01 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.52 |
| Investments | 0.30 | 1.45 | 3.51 | 1.13 | 1.13 | 0.13 | 0.13 | 0.13 | 0.14 | 8.90 |
| 8.95 | 12.40 | 11.77 | 13.93 | 13.12 | 19.02 | 15.05 | 17.90 | 22.31 | 26.74 | |
| Total Assets | 9.27 | 13.87 | 15.30 | 15.20 | 14.30 | 19.17 | 15.19 | 18.03 | 22.45 | 40.17 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.38 | -3.89 | -3.66 | 1.64 | -1.31 | -1.13 | -0.02 | 0.41 | 1.96 | ||
| -1.13 | -0.74 | 3.63 | -1.35 | 1.08 | 0.51 | 0.54 | 0.49 | -9.31 | ||
| 2.82 | 4.59 | 0.00 | 0.00 | 0.00 | 0.75 | -0.43 | -0.30 | 7.21 | ||
| Net Cash Flow | 0.31 | -0.04 | -0.03 | 0.29 | -0.23 | 0.13 | 0.08 | 0.61 | -0.14 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 365.00 | 120.95 | 67.57 | 165.48 | 101.17 | 653.59 | 166.75 | 402.17 | 305.49 | 112.82 |
| Inventory Days | 0.00 | 0.00 | 1.28 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Days Payable | 17.93 | |||||||||
| Cash Conversion Cycle | 365.00 | 120.95 | 50.92 | 165.48 | 101.17 | 653.59 | 166.75 | 402.17 | 305.49 | 112.82 |
| Working Capital Days | 463.45 | 162.70 | 130.93 | 319.71 | 230.61 | 747.68 | 381.05 | 703.37 | 314.96 | 42.41 |
| ROCE % | 2.88% | 2.65% | 1.50% | 1.04% | 1.29% | 3.63% | 3.59% | 0.07% | 5.21% |
Documents
Announcements
-
Board Meeting Intimation for MRC Agrotech Limited - Board Meeting Notice
27 Oct - Board meeting on Nov 14, 2025 to approve unaudited Q2/H1 financials ended Sep 30, 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
19 Oct - Confirmation certificate under Reg 74(5) for quarter ended Sep 30, 2025; no dematerialisations.
-
Execution Of Business Agreement With Temi Tea Estate, An Undertaking Under The Aegis Of Commerce & Industries Department, Government Of Sikkim.
14 Oct - MRC Agrotech signed three-year exclusive marketing, promotion, distribution agreement with Temi Tea Estate on 14-10-2025.
-
Closure of Trading Window
4 Oct - MRC AGROTECH: trading window closed Oct 1, 2025 until 48 hours after Sep 30, 2025 quarter results.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 4 Oct
A) Agri Commodity Trading:[1]
a) Cereals and Pulses:
Chana, Barley, Bajra, Wheat, Moong, Maize Feed Industrial Grade, Paddy (Basmati) - Pusa 1121
b) Oil and Oil Seeds:
Castor seed, Refined Castor Oil, Cotton Seed Oilcake, Soybean, Refined Soy Oil, Mustard Seed, Crude Palm Oil, Natural Whitish, Sesame Seeds, Hipro Soybean Meal
c) Fibers:
Kapas, 29 MM Cotton
d) Spices:
Turmeric, Jeera
e) Guar Complex
Guar Seed 10 MT, Guar Gum Refined Splits
B) Warehousing:[2]
Company has about ~30000 MT of Storage capacity with 4 warehouses in Madhya Pradesh