Nova Agritech Ltd

Nova Agritech Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Nova Agritech Ltd

₹ 61.5 1.55%
19 Nov 1:56 p.m.
Company website BSE: 544100 NSE: NOVAAGRI
About

Incorporated in 2007, Nova Agri Tech Ltd
is an agri-input manufacturer offering soil
health management, crop nutrition and crop protection products[1]

Key Points

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)

Website BSE NSE
  • Market Cap ₹ 569 Cr.
  • Current Price ₹ 61.5
  • High / Low ₹ 94.1 / 45.0
  • Stock P/E 33.0
  • Book Value ₹ 17.7
  • Dividend Yield 0.00 %
  • ROCE 18.7 %
  • ROE 18.8 %
  • Face Value ₹ 2.00
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Pros

  • Company has reduced debt.
  • 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
  • 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

Part of BSE IPO

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2022 Mar 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
30.13 36.09 48.50 50.70 57.40 33.14 35.07
25.00 28.48 40.84 42.61 49.21 30.24 30.27
Operating Profit 5.13 7.61 7.66 8.09 8.19 2.90 4.80
OPM % 17.03% 21.09% 15.79% 15.96% 14.27% 8.75% 13.69%
0.02 0.07 0.02 0.03 0.15 0.71 0.36
Interest 1.41 2.10 1.47 1.54 1.57 0.82 0.86
Depreciation 0.47 0.47 0.34 0.35 0.35 0.25 0.26
Profit before tax 3.27 5.11 5.87 6.23 6.42 2.54 4.04
Tax % 30.58% 36.99% 24.70% 22.15% -22.74% 11.81% 44.55%
2.27 3.21 4.42 4.85 7.88 2.25 2.24
EPS in Rs 1.81 0.49 0.68 0.74 0.85 0.24 0.24
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
106 102 94 125 116 117 180 176
93 91 84 111 101 96 152 152
Operating Profit 13 11 11 14 15 20 28 24
OPM % 12% 11% 11% 11% 13% 17% 15% 14%
0 0 0 0 0 0 0 1
Interest 2 3 6 7 6 7 6 5
Depreciation 2 2 2 2 2 2 1 1
Profit before tax 9 7 3 5 7 12 20 19
Tax % 36% 34% 40% 28% 27% 31% 9%
6 4 2 4 5 8 19 17
EPS in Rs 4.65 3.49 1.55 3.03 4.02 1.29 2.01 2.07
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 Sep 2024
Equity Capital 13 13 13 13 13 13 18 18
Reserves 9 13 15 13 18 27 141 145
21 22 37 40 47 46 39 33
41 49 40 40 51 36 37 57
Total Liabilities 83 97 105 106 129 121 235 253
12 13 13 14 15 13 12 12
CWIP 2 1 0 0 0 1 1 1
Investments 2 2 2 2 2 2 2 39
68 82 90 90 112 105 221 202
Total Assets 83 97 105 106 129 121 235 253

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 167 181 164 102 161 168 115
Days Payable 195 214 169 104 210 137 79
Cash Conversion Cycle 100 143 238 179 180 235 178
Working Capital Days 87 117 198 146 182 205 188
ROCE % 21% 16% 18% 18% 23% 19%

Shareholding Pattern

Numbers in percentages

Mar 2024Jun 2024Sep 2024
59.38% 59.38% 59.38%
4.72% 3.14% 0.05%
3.27% 1.82% 1.41%
29.92% 32.97% 36.45%
2.70% 2.70% 2.70%
No. of Shareholders 82,10181,80789,527

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

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DRHP

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