Tierra Agrotech Ltd
Incorporated in 2012, Tierra Agro
Ltd is in the business of Seed Research,
Production, Processing and Marketing
of Seeds and related products[1]
- Market Cap ₹ 390 Cr.
- Current Price ₹ 59.4
- High / Low ₹ 186 / 50.4
- Stock P/E
- Book Value ₹ 14.9
- Dividend Yield 0.00 %
- ROCE -9.93 %
- ROE -22.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 96.4 to 70.4 days.
- Company's working capital requirements have reduced from 120 days to 47.9 days
Cons
- Stock is trading at 3.99 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.81%
- Promoter holding is low: 10.4%
- Company has a low return on equity of -40.1% over last 3 years.
- Company might be capitalizing the interest cost
- Promoters have pledged 61.0% of their holding.
- Company's cost of borrowing seems high
* 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 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|
56.84 | 56.60 | 60.11 | 67.15 | 73.55 | |
58.75 | 65.86 | 86.47 | 80.50 | 87.54 | |
Operating Profit | -1.91 | -9.26 | -26.36 | -13.35 | -13.99 |
OPM % | -3.36% | -16.36% | -43.85% | -19.88% | -19.02% |
1.53 | 0.18 | 0.60 | 6.10 | 5.91 | |
Interest | 6.96 | 8.72 | 11.45 | 4.27 | 2.47 |
Depreciation | 0.25 | 0.28 | 0.78 | 1.14 | 1.32 |
Profit before tax | -7.59 | -18.08 | -37.99 | -12.66 | -11.87 |
Tax % | -17.39% | -24.72% | -25.74% | -27.25% | |
-6.27 | -13.62 | -28.21 | -9.21 | -8.99 | |
EPS in Rs | -20.90 | -4.51 | -9.34 | -1.40 | -1.34 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 6% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 67% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -51% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -40% |
Last Year: | -22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Equity Capital | 25.16 | 25.16 | 25.16 | 55.93 |
Reserves | 31.65 | 18.30 | -10.06 | 41.75 |
59.18 | 81.87 | 102.76 | 21.06 | |
46.16 | 48.30 | 54.97 | 56.01 | |
Total Liabilities | 162.15 | 173.63 | 172.83 | 174.75 |
83.61 | 87.41 | 88.27 | 87.98 | |
CWIP | 1.51 | 1.10 | 1.10 | 0.00 |
Investments | 0.59 | 0.00 | 0.00 | 0.00 |
76.44 | 85.12 | 83.46 | 86.77 | |
Total Assets | 162.15 | 173.63 | 172.83 | 174.75 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
-5.00 | -9.16 | -6.74 | -5.59 | |
-1.54 | -1.88 | -1.50 | 3.47 | |
7.92 | -17.38 | 25.69 | 16.84 | |
Net Cash Flow | 1.38 | -28.43 | 17.45 | 14.72 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 49.51 | 119.56 | 99.22 | 70.45 |
Inventory Days | 755.37 | 583.09 | 311.36 | 453.08 |
Days Payable | 249.07 | 216.15 | 178.98 | 232.55 |
Cash Conversion Cycle | 555.80 | 486.50 | 231.60 | 290.98 |
Working Capital Days | 195.41 | 224.48 | 87.20 | 47.89 |
ROCE % | -7.76% | -21.83% | -9.93% |
Documents
Announcements
- Reg. 34 (1) Annual Report. 2d
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Jul - Certificate as per Regulation 74(5) of the SEBI(Depository and Participants) Regulations, 2018 for the Quarter ended June 30, 2024.
- Statement Of Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (LODR) Regulations, 2015 15 Jul
-
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
15 Jul - Merger of Tierra Seed Science Private Limited into Tierra Agrotech Limited
-
Announcement under Regulation 30 (LODR)-Change in Management
15 Jul - Reappointment of Mr. Vijay Kumar Deekonda as Whole-time Director for a period of 3 years w.e.f 27.12.2024 subject to approval of Members in their Annual …
Business Overview:[1][2]
Company is into research, development, production, processing and commercialization
of superior products in major crops like Cotton, Paddy, Rice, Corn, Mustard, Tomato, Hot Pepper, Okra, Soya Beans, Fodder Crops, etc.