Nath Bio-Genes (India) Ltd

Nath Bio-Genes (India) Ltd

₹ 174 -1.55%
07 May - close price
About

Incorporated in 1993, Nath Bio-Genes Ltd
is in the business of Production, Processing,
and Marketing of Hybrid and GM Seeds[1]

Key Points

Business Overview:[1][2][3]
NBGL is a flagship company of Nath Group.
It is an agri-tech company in the business of developing and supplying quality BT, hybrid, and varietal seeds to farmers at affordable prices. It does the production and processing of commercial and vegetable seeds on lands taken on lease from various growers /farmers throughout India. The company enters into seed production agreements with these farmers/growers and compensates them for various cultivation expenses based on the rate agreement entered into

  • Market Cap 333 Cr.
  • Current Price 174
  • High / Low 239 / 126
  • Stock P/E 8.55
  • Book Value 363
  • Dividend Yield 1.15 %
  • ROCE 7.18 %
  • ROE 5.83 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.48 times its book value
  • Debtor days have improved from 111 to 70.9 days.

Cons

  • Tax rate seems low
  • Company has a low return on equity of 6.27% over last 3 years.
  • Dividend payout has been low at 9.01% of profits over last 3 years

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
44.92 235.28 22.57 31.74 43.04 243.88 32.19 36.87 49.37 280.17 39.77 65.96 45.69
40.84 198.26 17.48 25.96 38.57 206.82 25.63 29.36 46.20 241.27 32.58 57.12 39.07
Operating Profit 4.08 37.02 5.09 5.78 4.47 37.06 6.56 7.51 3.17 38.90 7.19 8.84 6.62
OPM % 9.08% 15.73% 22.55% 18.21% 10.39% 15.20% 20.38% 20.37% 6.42% 13.88% 18.08% 13.40% 14.49%
0.26 0.12 0.06 2.54 1.39 0.14 0.07 0.48 4.58 3.83 1.93 4.42 3.63
Interest 1.53 2.76 2.44 2.84 1.06 2.24 2.94 3.37 1.10 2.89 3.30 4.18 2.94
Depreciation 0.99 0.76 0.76 0.76 0.98 0.83 0.83 0.83 1.32 0.98 0.98 0.98 1.02
Profit before tax 1.82 33.62 1.95 4.72 3.82 34.13 2.86 3.79 5.33 38.86 4.84 8.10 6.29
Tax % 12.64% 0.65% 17.95% 16.31% 16.23% 0.73% -1.05% 30.08% 11.82% 1.70% 13.22% 10.74% 39.75%
1.59 33.40 1.61 3.96 3.21 33.89 2.89 2.66 4.71 38.21 4.20 7.23 3.79
EPS in Rs 0.84 17.58 0.85 2.08 1.69 17.83 1.52 1.40 2.48 20.11 2.21 3.80 1.99
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
143 127 142 171 206 246 271 230 234 248 265 432
109 103 113 131 163 191 204 193 185 197 212 379
Operating Profit 35 25 29 40 43 55 67 37 49 50 53 53
OPM % 24% 19% 20% 24% 21% 22% 25% 16% 21% 20% 20% 12%
1 1 0 1 2 2 2 -87 1 4 4 14
Interest 5 6 10 10 5 7 9 11 10 9 10 13
Depreciation 4 4 3 1 1 1 3 3 3 3 4 4
Profit before tax 26 15 17 30 39 49 57 -63 36 42 44 49
Tax % 4% 6% 3% 2% 1% -4% 2% 6% 3% 5% 4% 10%
25 14 16 29 38 50 56 -67 35 40 42 44
EPS in Rs 15.87 8.85 10.17 15.48 20.22 26.56 29.29 -35.43 18.51 21.14 22.17 23.38
Dividend Payout % 0% 0% 0% 0% 0% 0% 7% -6% 11% 9% 9% 9%
Compounded Sales Growth
10 Years: 13%
5 Years: 10%
3 Years: 23%
TTM: 63%
Compounded Profit Growth
10 Years: 11%
5 Years: -7%
3 Years: 4%
TTM: -9%
Stock Price CAGR
10 Years: 7%
5 Years: -13%
3 Years: 1%
1 Year: 9%
Return on Equity
10 Years: 7%
5 Years: 6%
3 Years: 6%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 16 16 16 19 19 19 19 19 19 19 19 19
Reserves 91 105 287 450 489 539 594 523 554 592 630 670
22 59 74 33 58 70 101 93 105 108 111 122
97 87 78 69 80 102 75 105 114 158 257 272
Total Liabilities 226 267 455 571 646 730 790 740 793 877 1,017 1,083
13 30 207 211 232 246 247 245 244 249 250 249
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 5 5 5 5 5 5 5 5 5 6 6 6
208 231 243 355 409 479 538 490 544 622 761 827
Total Assets 226 267 455 571 646 730 790 740 793 877 1,017 1,083

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
6 -14 3 -47 -23 9 1 17 38 75 27 -14
-2 -17 -4 -4 -20 -14 -10 -20 -3 -27 -4 3
-4 30 5 90 20 6 16 -22 -2 -10 -11 -7
Net Cash Flow -1 -0 5 39 -23 1 7 -25 34 38 12 -17
Free Cash Flow 5 -21 -1 -52 -45 -6 -10 16 36 48 19 -17
CFO/OP 20% -55% 12% -116% -47% 20% 2% 53% 80% 149% 52% -25%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 114 130 133 175 191 159 147 136 152 139 122 71
Inventory Days 3,840 4,743 4,388
Days Payable 1,309 1,406 586
Cash Conversion Cycle 114 130 2,665 3,512 191 159 147 136 3,954 139 122 71
Working Capital Days 190 259 273 447 442 416 450 427 416 343 316 258
ROCE % 26% 14% 10% 9% 8% 9% 10% 5% 7% 7% 7% 7%

Insights

In beta
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Cotton Seed Sales Volume
Million Packets

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Paddy Sales Volume
Quintals
Contract Farmers
Count
Number of Distributors
Count
R&D Spend (Annual)
INR Million
Plant Nutrition Solutions (PNS) Volume
Litres
Vegetable Seeds Sales Volume
Quintals
Number of Retailers
Count
Warehousing and Conditioning Capacity
MT

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
45.59% 45.59% 45.59% 45.59% 45.59% 45.59% 45.59% 45.59% 45.59% 45.59% 45.59% 45.59%
0.07% 0.22% 0.32% 0.27% 0.21% 0.18% 0.19% 0.21% 0.41% 0.32% 0.31% 0.22%
4.62% 4.37% 4.37% 4.37% 4.37% 4.37% 4.37% 3.94% 2.25% 0.76% 0.01% 0.01%
49.71% 49.81% 49.72% 49.76% 49.80% 49.83% 49.83% 50.24% 51.73% 53.31% 54.08% 54.17%
No. of Shareholders 33,50234,36534,26335,13235,83435,42335,05634,91134,20734,12233,55033,031

* 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.

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