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 ₹ 232 Cr.
- Current Price ₹ 389
- High / Low ₹ 460 / 133
- Stock P/E 22.3
- Book Value ₹ 62.6
- Dividend Yield 0.00 %
- ROCE 33.2 %
- ROE 32.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.1%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- 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: Miscellaneous Industry: Miscellaneous
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 4 | 13 | 29 | 63 | |
| 4 | 10 | 24 | 52 | |
| Operating Profit | 0 | 3 | 4 | 11 |
| OPM % | 2% | 25% | 15% | 18% |
| 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 3 | 4 | 11 |
| Tax % | 29% | 25% | 6% | 5% |
| 0 | 3 | 4 | 10 | |
| EPS in Rs | 50.00 | 2,560.00 | 6.73 | 17.45 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 155% |
| TTM: | 121% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 493% |
| TTM: | 159% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 108% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| Last Year: | 32% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 0 | 0 | 6 | 6 |
| Reserves | 0 | 3 | 21 | 31 |
| 1 | 1 | 1 | 1 | |
| 1 | 2 | 2 | 6 | |
| Total Liabilities | 2 | 6 | 30 | 44 |
| 0 | 0 | 1 | 0 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 2 | 6 | 29 | 44 | |
| Total Assets | 2 | 6 | 30 | 44 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -0 | 0 | 0 | 5 | |
| 0 | -0 | -21 | -2 | |
| 1 | 0 | 20 | -1 | |
| Net Cash Flow | 1 | 0 | -1 | 1 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 58 | 114 | 52 | 67 |
| Inventory Days | 21 | 25 | 76 | 61 |
| Days Payable | 40 | 38 | 6 | 39 |
| Cash Conversion Cycle | 39 | 101 | 121 | 89 |
| Working Capital Days | 32 | 81 | 91 | 79 |
| ROCE % | 133% | 27% | 33% |
Documents
Announcements
-
Rights Issue
23 July 2024 - Board at its meeting held on July 22, 2024, has decided to issue equity shares on rights basis in the ratio of 11 : 32, …
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Record Date
22 July 2024 - Record date for the purpose of Rights is 29-Jul-2024.
-
Rights Issue
22 July 2024 - Board at its meeting held on July 22, 2024, has decided to issue equity shares on rights basis in the ratio of 11 : 32, …
-
Updates
18 July 2024 - Nirman Agri Genetics Limited has informed regarding 'Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015'.
-
Updates
15 July 2024 - Nirman Agri Genetics Limited has informed regarding 'Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015'.
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.