Best Agrolife Ltd

Best Agrolife Ltd

₹ 332 -0.54%
10 Jun - close price
About

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]

Key Points

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]

  • Market Cap 783 Cr.
  • Current Price 332
  • High / Low 732 / 244
  • Stock P/E 11.2
  • Book Value 320
  • Dividend Yield 0.90 %
  • ROCE 12.9 %
  • ROE 9.95 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 1.04 times its book value

Cons

  • 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
309 464 700 328 254 612 811 314 135 519 747 274 274
247 398 518 270 247 482 667 296 202 465 600 280 270
Operating Profit 62 66 183 58 7 130 144 19 -67 55 147 -6 4
OPM % 20% 14% 26% 18% 3% 21% 18% 6% -50% 11% 20% -2% 2%
1 0 1 1 1 4 -3 1 1 3 1 -0 1
Interest 7 7 9 10 13 12 15 19 15 16 16 16 17
Depreciation 7 6 6 6 7 7 8 6 11 10 10 11 12
Profit before tax 49 53 168 43 -12 115 118 -6 -92 32 121 -33 -24
Tax % 23% 25% 23% 29% -28% 21% 19% 3% -22% 33% 22% -26% -9%
38 40 130 31 -8 90 95 -7 -72 21 95 -24 -22
EPS in Rs 16.14 16.97 54.90 12.95 -3.56 38.27 40.12 -2.80 -30.66 9.00 40.03 -10.22 -9.26
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
127 151 905 1,211 1,746 1,873 1,814
126 154 854 1,045 1,432 1,648 1,614
Operating Profit 1 -2 51 166 314 226 200
OPM % 0% -1% 6% 14% 18% 12% 11%
1 4 7 2 3 3 5
Interest 1 2 5 15 39 62 66
Depreciation 0 0 3 12 24 33 43
Profit before tax 0 0 51 141 253 134 96
Tax % 575% 100% 27% 26% 24% 21% 27%
-0 0 37 105 192 106 70
EPS in Rs -0.65 0.03 16.83 44.31 81.27 44.94 29.56
Dividend Payout % 0% 798% 12% 5% 4% 7% 10%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 14%
TTM: -3%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -13%
TTM: -34%
Stock Price CAGR
10 Years: %
5 Years: 0%
3 Years: -28%
1 Year: -44%
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
Equity Capital 8 8 22 24 24 24 24
Reserves 46 48 108 306 504 623 734
0 19 33 270 568 637 478
63 35 209 384 380 729 714
Total Liabilities 117 110 372 984 1,475 2,013 1,950
0 0 19 180 203 362 374
CWIP 0 0 4 5 14 15 1
Investments 32 3 0 0 0 0 1
85 107 349 800 1,258 1,636 1,574
Total Assets 117 110 372 984 1,475 2,013 1,950

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 67 199 391 864 220
Days Payable 72 124 167 521 154
Cash Conversion Cycle 85 87 48 152 297 434 179
Working Capital Days 61 175 43 117 157 162 155
ROCE % 0% 41% 34% 16% 13%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
47.30% 47.30% 48.20% 50.10% 50.10% 50.10% 50.10% 50.10% 50.10% 50.10% 50.10% 50.44%
10.82% 11.27% 12.05% 11.48% 10.84% 9.86% 8.86% 8.77% 8.73% 8.03% 5.11% 5.80%
0.20% 2.57% 2.57% 2.58% 2.55% 2.63% 2.53% 2.53% 2.53% 2.67% 2.74% 2.74%
41.68% 38.86% 37.16% 35.84% 36.50% 37.42% 38.50% 38.60% 38.62% 39.18% 42.06% 41.01%
No. of Shareholders 8,76011,36021,20623,03927,20031,94037,57139,86141,57040,57337,66637,494

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls