Pajson Agro India Ltd
Incorporated in 2021, Pajson Agro India processes raw cashew nuts into cashew kernels and supply them to domestic and international markets.[1]
- Market Cap ₹ 364 Cr.
- Current Price ₹ 153
- High / Low ₹ 255 / 120
- Stock P/E 17.8
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 59.5 %
- ROE 60.1 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.2%
Cons
- 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
Fast Moving Consumer Goods Fast Moving Consumer Goods Food Products Other Food Products
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 101 | 96 | 187 | |
| 100 | 90 | 157 | |
| Operating Profit | 1 | 6 | 30 |
| OPM % | 1% | 6% | 16% |
| -0 | 0 | 0 | |
| Interest | 0 | 0 | 2 |
| Depreciation | 1 | 1 | 1 |
| Profit before tax | 0 | 5 | 27 |
| Tax % | 50% | 27% | 25% |
| 0 | 3 | 20 | |
| EPS in Rs | 0.06 | 9.57 | 58.34 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 95% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 510% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| Last Year: | 60% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 18 |
| Reserves | 17 | 20 | 41 | 41 |
| 0 | 15 | 15 | 40 | |
| 30 | 17 | 7 | 53 | |
| Total Liabilities | 50 | 55 | 66 | 152 |
| 19 | 23 | 28 | 40 | |
| CWIP | 0 | 0 | 3 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 32 | 32 | 35 | 112 | |
| Total Assets | 50 | 55 | 66 | 152 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 12 | -9 | 16 | |
| -1 | -6 | -10 | |
| -11 | 14 | -2 | |
| Net Cash Flow | 0 | -0 | 5 |
| Free Cash Flow | 11 | -14 | 8 |
| CFO/OP | 995% | -155% | 75% |
Ratios
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 3 | 12 | 7 |
| Inventory Days | 113 | 107 | 37 |
| Days Payable | 127 | 73 | 8 |
| Cash Conversion Cycle | -11 | 46 | 36 |
| Working Capital Days | 3 | 3 | 14 |
| ROCE % | 16% | 59% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Credit Rating
7h - Care Edge assigned CARE BBB-; Stable to Rs20cr LT and CARE BBB-/A3 to Rs55cr on 01.04.2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
28 Mar - Investor meetings on 27-Mar-2026 with multiple firms; only public information discussed, no UPSI.
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Clarification Regarding Change In Designation Of CFO And Continuation In The Company
28 Mar - Ajit Kumar stepped down as CFO and became VP Finance; Nitan Garg appointed CFO on 27.03.2026.
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Appointment Of CFO In Place Of Outgoing CFO
27 Mar - Board appointed Mr. Nitan Garg as CFO/KMP effective April 1, 2026; approved March 27, 2026.
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Board Meeting Outcome for Intimation To Exchange For Resignation And Appoitment OF CFO
27 Mar - CFO Ajit Kumar resigns effective 31 Mar 2026; Nitan Garg appointed CFO effective 1 Apr 2026.
Annual reports
No data available.
Business Profile[1]
Pajson Agro India is engaged in processing raw cashew nuts (RCN) into cashew kernels for domestic and international markets. It also sells select dry fruits under its B2C white-label brand “Royal Mewa” across online and offline channels.