Nirman Agri Genetics Ltd
Incorporated in 2020, Nirman Agri Genetics Limited is an organized Agri-Input Company in India. The company is in the business of production, processing, and marketing of high-quality hybrid seeds, Pesticides, and Bio-organic[1]
- Market Cap ₹ 132 Cr.
- Current Price ₹ 221
- High / Low ₹ 325 / 70.4
- Stock P/E
- Book Value ₹ 51.8
- Dividend Yield 0.00 %
- ROCE 26.6 %
- ROE 27.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 74.8 to 51.8 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| 3.82 | 13.49 | 28.61 | |
| 3.75 | 10.07 | 24.25 | |
| Operating Profit | 0.07 | 3.42 | 4.36 |
| OPM % | 1.83% | 25.35% | 15.24% |
| 0.00 | 0.00 | 0.00 | |
| Interest | 0.00 | 0.00 | 0.01 |
| Depreciation | 0.00 | 0.00 | 0.09 |
| Profit before tax | 0.07 | 3.42 | 4.26 |
| Tax % | 28.57% | 25.15% | 6.10% |
| 0.05 | 2.56 | 4.01 | |
| EPS in Rs | 50.00 | 2,560.00 | 6.73 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 112% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 57% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 188% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 27% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 5.96 | 5.96 |
| Reserves | 0.05 | 2.63 | 20.99 | 24.92 |
| 0.99 | 1.44 | 1.09 | 0.87 | |
| 0.59 | 1.88 | 1.81 | 2.76 | |
| Total Liabilities | 1.64 | 5.96 | 29.85 | 34.51 |
| 0.00 | 0.01 | 0.66 | 0.57 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.02 | 2.02 |
| 1.64 | 5.95 | 29.17 | 31.92 | |
| Total Assets | 1.64 | 5.96 | 29.85 | 34.51 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| -0.27 | 0.01 | 0.10 | |
| 0.00 | -0.07 | -20.72 | |
| 1.00 | 0.25 | 19.79 | |
| Net Cash Flow | 0.73 | 0.20 | -0.82 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| Debtor Days | 58.29 | 114.45 | 51.80 |
| Inventory Days | 20.98 | 24.77 | 75.71 |
| Days Payable | 39.86 | 37.93 | 6.30 |
| Cash Conversion Cycle | 39.41 | 101.29 | 121.21 |
| Working Capital Days | 31.53 | 81.44 | 91.47 |
| ROCE % | 133.33% | 26.59% |
Business Area[1] Production, processing, and marketing of high-quality hybrid seeds, Pesticides, and Bio-organic for different crops like corn, sunflower, cotton, paddy, grain sorghum, etc. and have recently forayed into micronutrients and bioproducts.