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 ₹ 595 Cr.
- Current Price ₹ 64.3
- High / Low ₹ 78.5 / 45.0
- Stock P/E 32.0
- Book Value ₹ 17.2
- Dividend Yield 0.00 %
- ROCE 18.7 %
- ROE 18.8 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 33.5% CAGR over last 5 years
- Debtor days have improved from 192 to 142 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -24.9%
- The company has delivered a poor sales growth of 12.0% over past five years.
- Tax rate seems low
* 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: Fertilizers Industry: Fertilizers
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 | |
---|---|---|---|---|---|---|---|
106 | 102 | 94 | 125 | 116 | 117 | 180 | |
93 | 91 | 84 | 111 | 101 | 96 | 152 | |
Operating Profit | 13 | 11 | 11 | 14 | 15 | 20 | 28 |
OPM % | 12% | 11% | 11% | 11% | 13% | 17% | 15% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 2 | 3 | 6 | 7 | 6 | 7 | 6 |
Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
Profit before tax | 9 | 7 | 3 | 5 | 7 | 12 | 20 |
Tax % | 36% | 34% | 40% | 28% | 27% | 31% | 9% |
6 | 4 | 2 | 4 | 5 | 8 | 19 | |
EPS in Rs | 4.65 | 3.49 | 1.55 | 3.03 | 4.02 | 1.29 | 2.01 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 13% |
TTM: | 54% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 34% |
3 Years: | 70% |
TTM: | 121% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 20% |
Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 18 |
Reserves | 9 | 13 | 15 | 13 | 18 | 27 | 141 |
21 | 22 | 37 | 40 | 47 | 46 | 39 | |
41 | 49 | 40 | 40 | 51 | 36 | 37 | |
Total Liabilities | 83 | 97 | 105 | 106 | 129 | 121 | 235 |
12 | 13 | 13 | 14 | 15 | 13 | 12 | |
CWIP | 2 | 1 | 0 | 0 | 0 | 1 | 1 |
Investments | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
68 | 82 | 90 | 90 | 112 | 105 | 221 | |
Total Assets | 83 | 97 | 105 | 106 | 129 | 121 | 235 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
2 | -11 | 5 | 9 | 8 | -3 | ||
-2 | -1 | -3 | -3 | 1 | -23 | ||
0 | 11 | -2 | -4 | -8 | 86 | ||
Net Cash Flow | -0 | -0 | 0 | 1 | 1 | 60 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 127 | 176 | 243 | 181 | 229 | 203 | 142 |
Inventory Days | 167 | 181 | 164 | 102 | 161 | 168 | 118 |
Days Payable | 195 | 214 | 169 | 104 | 210 | 137 | 81 |
Cash Conversion Cycle | 100 | 143 | 238 | 179 | 180 | 235 | 179 |
Working Capital Days | 87 | 117 | 198 | 146 | 182 | 205 | 188 |
ROCE % | 21% | 16% | 18% | 18% | 23% |
Documents
Announcements
- Stakeholders Awareness Programme 22h
- Closure of Trading Window 26 Jun
-
Stakeholders Awareness Programme
24 Jun - Nova Agritech Limited in collaboration with BSE Ltd, CDSL & P. S. Rao & Associates is organising a Stakeholders Awareness Programme on 29 June, 2024
- Board Meeting Outcome for Investment In Wholly-Owned Subsidiary By Subsicribing Optionally Convertible Debentures 22 Jun
-
Reply To Clarification On Price Movement
19 Jun - Attached is the response of Company on the clarification sought on price movement
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)