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 ₹ 191 Cr.
- Current Price ₹ 20.6
- High / Low ₹ 62.9 / 20.4
- Stock P/E 10.3
- Book Value ₹ 24.8
- Dividend Yield 0.00 %
- ROCE 16.4 %
- ROE 13.3 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.83 times its book value
- Company has delivered good profit growth of 55.9% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 224 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 116 | 131 | 127 | 161 | 186 | 211 | 252 | 294 | 287 | |
| 100 | 118 | 113 | 142 | 158 | 172 | 208 | 251 | 254 | |
| Operating Profit | 15 | 13 | 14 | 18 | 28 | 39 | 44 | 43 | 33 |
| OPM % | 13% | 10% | 11% | 11% | 15% | 18% | 18% | 15% | 12% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | |
| Interest | 3 | 4 | 6 | 8 | 7 | 9 | 9 | 5 | 5 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 4 |
| Profit before tax | 10 | 7 | 5 | 9 | 18 | 28 | 33 | 38 | 26 |
| Tax % | 34% | 34% | 39% | 27% | 26% | 27% | 15% | 28% | |
| 6 | 5 | 3 | 6 | 14 | 20 | 28 | 27 | 18 | |
| EPS in Rs | 5.10 | 3.90 | 2.38 | 5.02 | 10.92 | 3.14 | 3.06 | 2.96 | 1.99 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 17% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 56% |
| 3 Years: | 26% |
| TTM: | -38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -52% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 20% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 14 | 10 | 17 | 31 | 51 | 175 | 201 | 211 |
| 30 | 31 | 46 | 51 | 64 | 71 | 61 | 55 | 54 | |
| 45 | 61 | 63 | 67 | 53 | 46 | 44 | 61 | 85 | |
| Total Liabilities | 97 | 119 | 132 | 147 | 160 | 181 | 298 | 336 | 368 |
| 15 | 17 | 16 | 17 | 18 | 17 | 16 | 16 | 53 | |
| CWIP | 2 | 1 | 0 | 0 | 0 | 1 | 1 | 18 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 80 | 102 | 115 | 130 | 142 | 163 | 282 | 302 | 312 | |
| Total Assets | 97 | 119 | 132 | 147 | 160 | 181 | 298 | 336 | 368 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 3 | 3 | -9 | 5 | 2 | 6 | 1 | -18 | |
| -6 | -3 | -1 | -3 | -4 | -2 | -23 | -26 | |
| 3 | -1 | 10 | -2 | 3 | -2 | 82 | -12 | |
| Net Cash Flow | -0 | 0 | -0 | 0 | 1 | 2 | 59 | -57 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 132 | 159 | 206 | 193 | 183 | 183 | 178 | 224 |
| Inventory Days | 197 | 208 | 208 | 133 | 122 | 123 | 114 | 117 |
| Days Payable | 207 | 233 | 240 | 174 | 108 | 80 | 60 | 82 |
| Cash Conversion Cycle | 123 | 134 | 174 | 152 | 197 | 226 | 233 | 259 |
| Working Capital Days | 105 | 45 | 63 | 69 | 86 | 97 | 132 | 190 |
| ROCE % | 20% | 18% | 22% | 27% | 31% | 22% | 16% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Capacity Utilization - Group % |
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| Installed Manufacturing Capacity - NASPL (Subsidiary) MTPA ・Standalone data |
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| Installed Manufacturing Capacity - NATL (Standalone) MTPA ・Standalone data |
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| Gross Current Asset (GCA) Days Days |
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| Production Volume Manufactured - NASPL Kgs/Ltrs ・Standalone data |
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| Production Volume Manufactured - NATL Kgs/Ltrs ・Standalone data |
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| Total Product Registrations Count |
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| Active Dealer Count Count |
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| Total Dealer Network Count |
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Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 11h
- Closure of Trading Window 24 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 19 Mar
-
OUTCOME OF SEPARATE MEETING OF INDEPENDENT DIRECTORS
18 Mar - Independent directors met 18 Mar 2026; evaluated board/chairperson; performance rated 'satisfactory'.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 11 Mar
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)