Nova Agritech Ltd
Incorporated in 2007, Nova Agri Tech Ltd
is an agri-input manufacturer offering soil
health management, crop nutrition and crop protection products[1]
- Market Cap ₹ 388 Cr.
- Current Price ₹ 41.9
- High / Low ₹ 74.0 / 40.4
- Stock P/E 27.4
- Book Value ₹ 19.2
- Dividend Yield 0.00 %
- ROCE 12.5 %
- ROE 9.88 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 53.3% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 12.0% over past five years.
- Company has high debtors of 289 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 106 | 102 | 94 | 125 | 116 | 117 | 180 | 166 | 131 | |
| 93 | 91 | 84 | 111 | 101 | 96 | 152 | 144 | 114 | |
| Operating Profit | 13 | 11 | 11 | 14 | 15 | 20 | 28 | 22 | 17 |
| OPM % | 12% | 11% | 11% | 11% | 13% | 17% | 15% | 13% | 13% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 5 | |
| Interest | 2 | 3 | 6 | 7 | 6 | 7 | 6 | 3 | 3 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 2 |
| Profit before tax | 9 | 7 | 3 | 5 | 7 | 12 | 20 | 22 | 18 |
| Tax % | 36% | 34% | 40% | 28% | 27% | 31% | 9% | 25% | |
| 6 | 4 | 2 | 4 | 5 | 8 | 19 | 17 | 14 | |
| EPS in Rs | 4.65 | 3.49 | 1.55 | 3.03 | 4.02 | 1.29 | 2.01 | 1.79 | 1.52 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 13% |
| TTM: | -26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | 49% |
| TTM: | -18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -42% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 14% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 18 | 18 | 18 |
| Reserves | 9 | 13 | 15 | 13 | 18 | 27 | 140 | 157 | 159 |
| 21 | 22 | 37 | 40 | 47 | 46 | 39 | 32 | 32 | |
| 41 | 49 | 40 | 40 | 51 | 36 | 37 | 58 | 52 | |
| Total Liabilities | 83 | 97 | 105 | 106 | 129 | 121 | 235 | 265 | 262 |
| 12 | 13 | 13 | 14 | 15 | 13 | 12 | 11 | 31 | |
| CWIP | 2 | 1 | 0 | 0 | 0 | 1 | 1 | 6 | 3 |
| Investments | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 49 | 63 |
| 68 | 82 | 90 | 90 | 112 | 105 | 221 | 199 | 165 | |
| Total Assets | 83 | 97 | 105 | 106 | 129 | 121 | 235 | 265 | 262 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 2 | -11 | 5 | 9 | 8 | -3 | 6 | ||
| -2 | -1 | -3 | -3 | 1 | -23 | -52 | ||
| 0 | 11 | -2 | -4 | -8 | 86 | -10 | ||
| Net Cash Flow | -0 | -0 | 0 | 1 | 1 | 60 | -57 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 127 | 176 | 243 | 181 | 229 | 203 | 142 | 289 |
| Inventory Days | 167 | 181 | 164 | 102 | 161 | 168 | 115 | 59 |
| Days Payable | 195 | 214 | 169 | 104 | 210 | 137 | 79 | 163 |
| Cash Conversion Cycle | 100 | 143 | 238 | 179 | 180 | 235 | 178 | 184 |
| Working Capital Days | 87 | 46 | 101 | 73 | 87 | 99 | 117 | 167 |
| ROCE % | 21% | 16% | 18% | 18% | 23% | 19% | 13% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Newspaper Publication of financial results for the quarter ended 30.09.2025
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
13 Nov - CARE Monitoring Report: IPO proceeds Rs100.95 crore fully utilized by 30 Sep 2025; no deviations.
-
Announcement under Regulation 30 (LODR)-Change in Management
13 Nov - Lakshmi Satish Tata appointed CFO of Nova Agritech effective 13 November 2025.
-
Statement Of Deviation & Variation
13 Nov - 11,200 lakhs IPO proceeds; audit committee reviewed 13 Nov 2025; no deviation; unutilized funds in bank FD.
-
Board Meeting Outcome for Outcome Of Board Meeting
13 Nov - Approved unaudited Q2/H1 results ended 30 Sep 2025; CFO Lakshmi Satish Tata appointed 13 Nov 2025.
Business Overview:[1]
NATL is a part of Nova Group. It is primarily
into manufacturing and marketing of bio-fertilizers, bio-pesticides, organic fertilizers, micro, and macronutrients. It sells to dealers, and also directly to the farmers. Company also manufactures pesticides through its 100% owned subsidiary viz. Nova Agri Sciences Private Limited (NASPL)