Nath Bio-Genes (India) Ltd

Nath Bio-Genes (India) Ltd

₹ 207 3.60%
26 Apr 12:44 p.m.
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 394 Cr.
  • Current Price 207
  • High / Low 245 / 159
  • Stock P/E 10.4
  • Book Value 318
  • Dividend Yield 0.95 %
  • ROCE 7.06 %
  • ROE 6.28 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.63 times its book value

Cons

  • Tax rate seems low
  • Company has high debtors of 152 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

Sector: Miscellaneous Industry: Miscellaneous

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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
27.21 209.35 21.73 25.30 44.99 235.28 22.57 31.74
48.52 174.91 16.98 19.68 41.06 198.26 17.48 26.09
Operating Profit -21.31 34.44 4.75 5.62 3.93 37.02 5.09 5.65
OPM % -78.32% 16.45% 21.86% 22.21% 8.74% 15.73% 22.55% 17.80%
-88.05 0.04 0.20 0.06 0.26 0.12 0.06 2.54
Interest 2.47 2.88 2.75 2.96 1.53 2.76 2.44 2.84
Depreciation 1.05 0.67 0.67 0.67 0.99 0.76 0.76 0.76
Profit before tax -112.88 30.93 1.53 2.05 1.67 33.62 1.95 4.59
Tax % -3.07% 0.55% 3.92% 34.15% 13.77% 0.65% 17.95% 16.78%
-116.33 30.76 1.47 1.35 1.43 33.41 1.61 3.82
EPS in Rs -61.21 16.19 0.77 0.71 0.76 17.59 0.85 2.02
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2022 Mar 2023 TTM
97 109 230 234 335
82 89 193 185 283
Operating Profit 15 20 37 49 52
OPM % 15% 18% 16% 21% 15%
1 1 -87 1 3
Interest 2 4 11 10 10
Depreciation 5 5 3 3 3
Profit before tax 9 12 -63 36 42
Tax % -1% 4% -6% 3%
9 12 -67 35 40
EPS in Rs 5.75 7.34 -35.46 18.43 21.22
Dividend Payout % 0% 0% -6% 11%
Compounded Sales Growth
10 Years: 8%
5 Years: %
3 Years: %
TTM: 18%
Compounded Profit Growth
10 Years: 12%
5 Years: %
3 Years: %
TTM: 1041%
Stock Price CAGR
10 Years: 9%
5 Years: -15%
3 Years: -16%
1 Year: 23%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2022 Mar 2023 Sep 2023
Equity Capital 16 16 19 19 19
Reserves 30 41 523 554 585
11 19 93 105 113
63 82 105 114 130
Total Liabilities 120 158 739 793 847
21 38 245 244 243
CWIP 0 0 0 0 0
Investments 1 0 5 5 5
99 121 490 543 598
Total Assets 120 158 739 793 847

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2022 Mar 2023
17 38
-20 -3
-22 -2
Net Cash Flow -25 34

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2022 Mar 2023
Debtor Days 47 70 136 152
Inventory Days 587 667 4,388
Days Payable 146 239 586
Cash Conversion Cycle 487 499 136 3,954
Working Capital Days 109 122 573 579
ROCE % 24% 7%

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
41.03% 41.03% 41.03% 41.05% 41.07% 45.59% 45.59% 45.59% 45.59% 45.59% 45.59% 45.59%
0.18% 0.01% 0.04% 0.07% 0.11% 0.01% 0.15% 0.13% 0.07% 0.22% 0.32% 0.27%
10.87% 9.38% 7.17% 4.85% 4.62% 4.62% 4.62% 4.62% 4.62% 4.37% 4.37% 4.37%
47.92% 49.58% 51.76% 54.02% 54.20% 49.77% 49.62% 49.65% 49.71% 49.81% 49.72% 49.76%
No. of Shareholders 31,67333,27233,92635,61035,48435,47034,74933,96033,50234,36534,26335,132

* 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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