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 ₹ 789 Cr.
- Current Price ₹ 334
- High / Low ₹ 732 / 244
- Stock P/E 17.7
- Book Value ₹ 188
- Dividend Yield 0.90 %
- ROCE 14.4 %
- ROE 11.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 27.9%
Cons
- The company has delivered a poor sales growth of 10.6% over past five years.
- Company has a low return on equity of 9.51% over last 3 years.
- Debtor days have increased from 80.8 to 103 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
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 9 | 99 | 129 | 663 | 690 | 905 | 1,134 | 1,500 | 1,798 | 1,144 | |
0 | 0 | 9 | 98 | 132 | 652 | 675 | 854 | 1,009 | 1,414 | 1,736 | 1,041 | |
Operating Profit | -0 | -0 | -0 | 1 | -3 | 11 | 15 | 51 | 125 | 86 | 62 | 103 |
OPM % | -57% | -2% | 1% | -2% | 2% | 2% | 6% | 11% | 6% | 3% | 9% | |
0 | 0 | 0 | 0 | 4 | 2 | 4 | 7 | 5 | 10 | 6 | 6 | |
Interest | 0 | 0 | 0 | 1 | 1 | 5 | 6 | 5 | 11 | 24 | 43 | 41 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 4 | 5 | 7 | 7 |
Profit before tax | 0 | 0 | 0 | 0 | 0 | 7 | 12 | 51 | 116 | 67 | 19 | 61 |
Tax % | 33% | 20% | 43% | 567% | 175% | 36% | 29% | 27% | 25% | 30% | 30% | 27% |
0 | 0 | 0 | -0 | -0 | 5 | 8 | 37 | 87 | 47 | 13 | 44 | |
EPS in Rs | 0.07 | 0.10 | 0.13 | -0.46 | -0.07 | 5.88 | 10.36 | 16.83 | 36.82 | 19.91 | 5.69 | 18.81 |
Dividend Payout % | 0% | 0% | 76% | -57% | -399% | 0% | 3% | 12% | 5% | 15% | 53% | 16% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 0% |
TTM: | -36% |
Compounded Profit Growth | |
---|---|
10 Years: | 108% |
5 Years: | 39% |
3 Years: | -20% |
TTM: | 231% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | -26% |
1 Year: | -39% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 16% |
3 Years: | 10% |
Last Year: | 11% |
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 | 3 | 3 | 3 | 8 | 8 | 22 | 22 | 22 | 24 | 24 | 24 | 24 |
Reserves | 0 | 0 | 0 | 41 | 43 | 156 | 62 | 108 | 289 | 336 | 342 | 420 |
0 | 0 | 0 | 0 | 8 | 39 | 35 | 32 | 137 | 286 | 348 | 252 | |
3 | 0 | 1 | 38 | 22 | 265 | 217 | 209 | 260 | 283 | 443 | 279 | |
Total Liabilities | 6 | 3 | 4 | 87 | 81 | 482 | 336 | 371 | 709 | 928 | 1,157 | 975 |
0 | 0 | 0 | 0 | 0 | 110 | 15 | 19 | 21 | 33 | 32 | 34 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Investments | 0 | 0 | 0 | 26 | 3 | 4 | 5 | 0 | 102 | 102 | 116 | 122 |
6 | 3 | 4 | 60 | 78 | 369 | 315 | 352 | 586 | 793 | 1,007 | 819 | |
Total Assets | 6 | 3 | 4 | 87 | 81 | 482 | 336 | 371 | 709 | 928 | 1,157 | 975 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | -0 | -13 | -35 | 60 | 16 | 10 | -0 | -128 | -35 | 131 | |
0 | 0 | 0 | -36 | 25 | -5 | -5 | 12 | -97 | 55 | -20 | -14 | |
0 | 0 | 0 | 48 | 11 | -45 | -13 | -12 | 90 | 118 | 12 | -107 | |
Net Cash Flow | 0 | 0 | 0 | -0 | 0 | 11 | -3 | 10 | -8 | 45 | -42 | 9 |
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 | 0 | 88 | 72 | 86 | 112 | 92 | 53 | 75 | 73 | 66 | 103 | |
Inventory Days | 0 | 31 | 31 | 43 | 42 | 67 | 77 | 90 | 86 | 120 | ||
Days Payable | 75 | 53 | 141 | 101 | 72 | 82 | 63 | 83 | 82 | |||
Cash Conversion Cycle | 0 | 88 | 29 | 63 | 14 | 33 | 48 | 70 | 100 | 69 | 140 | |
Working Capital Days | 15,486 | 111 | 76 | 156 | 30 | 39 | 44 | 93 | 98 | 97 | 145 | |
ROCE % | 1% | 2% | 2% | 5% | -2% | 8% | 11% | 40% | 41% | 17% | 9% | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
10h - Q4 FY25 earnings call: reduced losses, improved margins, Rs.90 Cr capex, new patented product launches, focus on profitability.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
27 May - Audio recording of Q4 FY25 earnings call uploaded on company website.
- Announcement under Regulation 30 (LODR)-Investor Presentation 27 May
- Announcement under Regulation 30 (LODR)-Investor Presentation 27 May
- Announcement under Regulation 30 (LODR)-Newspaper Publication 25 May
Annual reports
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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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Financial Year 2010
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Concalls
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May 2025Transcript PPT
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May 2025TranscriptNotesPPT
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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 2023TranscriptNotesPPT
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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 2020TranscriptNotesPPT
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]