Price
Financials
Consolidated, Rs crore| Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.65 | 9.64 | 10.65 | 11.66 | 6.86 | 4.49 | 4.39 | 9.58 | 4.57 | 5.77 | 4.06 | 3.61 |
| Expenses | 7.90 | 7.49 | 10.12 | 9.02 | 4.78 | 2.59 | 3.48 | 6.84 | 2.38 | 4.11 | 3.29 | 2.36 |
| Operating Profit | 1.75 | 2.15 | 0.53 | 2.64 | 2.08 | 1.90 | 0.91 | 2.74 | 2.19 | 1.66 | 0.77 | 1.25 |
| OPM % | 18.13% | 22.30% | 4.98% | 22.64% | 30.32% | 42.32% | 20.73% | 28.60% | 47.92% | 28.77% | 18.97% | 34.63% |
| Other Income | 0.06 | 2.62 | 0.66 | 3.89 | 0.90 | 3.21 | 1.86 | 4.01 | 3.18 | 3.54 | 3.85 | 2.19 |
| Interest | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.05 | 0.00 | 0.61 | 0.56 | 0.71 | 0.82 | 0.37 |
| Depreciation | 0.40 | 0.50 | 0.41 | 0.46 | 0.41 | 0.64 | 0.45 | 1.12 | 0.74 | 0.99 | 0.74 | 0.80 |
| Profit before tax | 1.40 | 4.27 | 0.77 | 6.07 | 2.56 | 4.42 | 2.32 | 5.02 | 4.07 | 3.50 | 3.06 | 2.27 |
| Tax % | 0.00% | 25.76% | 36.36% | 11.04% | 0.00% | 23.08% | 0.00% | 16.33% | 16.46% | 17.71% | 11.44% | 28.19% |
| Net Profit | 1.40 | 3.17 | 0.48 | 5.40 | 2.56 | 3.40 | 2.32 | 4.20 | 3.40 | 2.89 | 2.71 | 1.64 |
| EPS in Rs | 1.17 | 2.34 | 0.40 | 4.33 | 1.92 | 2.85 | 1.72 | 3.59 | 2.76 | 2.28 | 2.13 | 1.36 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.58 | 6.33 | 16.24 | 28.56 | 437.40 | 43.42 | 19.29 | 22.31 | 11.23 | 13.97 | 10.22 | 7.67 |
| Expenses | 2.70 | 4.38 | 10.10 | 22.18 | 427.08 | 33.85 | 15.39 | 19.15 | 7.27 | 10.32 | 6.37 | 5.65 |
| Operating Profit | 0.88 | 1.95 | 6.14 | 6.38 | 10.32 | 9.57 | 3.90 | 3.16 | 3.96 | 3.65 | 3.85 | 2.02 |
| OPM % | 24.58% | 30.81% | 37.81% | 22.34% | 2.36% | 22.04% | 20.22% | 14.16% | 35.26% | 26.13% | 37.67% | 26.34% |
| Other Income | 0.17 | 0.15 | 0.25 | 0.63 | 0.22 | 1.26 | 2.69 | 4.55 | 4.12 | 5.87 | 6.72 | 6.04 |
| Interest | 0.09 | 0.06 | 0.09 | 0.07 | 0.04 | 0.05 | 0.02 | 0.01 | 0.06 | 0.61 | 1.27 | 1.19 |
| Depreciation | 0.56 | 0.58 | 1.12 | 1.03 | 1.00 | 0.94 | 0.90 | 0.87 | 1.05 | 1.57 | 1.73 | 1.53 |
| Profit before tax | 0.40 | 1.46 | 5.18 | 5.91 | 9.50 | 9.84 | 5.67 | 6.83 | 6.97 | 7.34 | 7.57 | 5.34 |
| Tax % | -20.00% | 10.27% | 5.98% | 9.98% | 18.42% | 0.51% | 19.40% | 13.91% | 14.63% | 11.17% | 17.04% | 18.54% |
| Net Profit | 0.47 | 1.31 | 4.87 | 5.32 | 7.75 | 9.79 | 4.57 | 5.88 | 5.96 | 6.52 | 6.29 | 4.35 |
| EPS in Rs | 0.39 | 1.10 | 4.09 | 4.46 | 6.50 | 8.21 | 3.83 | 4.93 | 5.00 | 5.47 | 5.28 | 3.49 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 2% | -17% | -12% | -25% | ||
| Compounded Profit Growth | 12% | -2% | -8% | -34% | ||
| Stock Price CAGR | -4% | -24% | -45% | -60% | ||
| Return on Equity | 12% | 9% | 8% | 5% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 |
| Reserves | 9.28 | 10.42 | 14.91 | 19.71 | 26.80 | 35.76 | 40.03 | 45.49 | 51.15 | 57.65 | 63.09 | 67.19 |
| Borrowings | 0.70 | 0.59 | 0.48 | 0.83 | 0.21 | 2.37 | 0.08 | 0.01 | 1.23 | 14.11 | 19.16 | 15.38 |
| Other Liabilities | 3.12 | 3.58 | 6.28 | 18.89 | 71.42 | 9.17 | 8.27 | 10.14 | 8.21 | 8.24 | 9.21 | 9.88 |
| Total Liabilities | 25.02 | 26.51 | 33.59 | 51.35 | 110.35 | 59.22 | 60.30 | 67.56 | 72.51 | 91.92 | 103.38 | 104.37 |
| Fixed Assets | 10.34 | 10.54 | 13.67 | 13.28 | 12.58 | 12.41 | 12.83 | 12.14 | 15.78 | 15.99 | 22.06 | 20.06 |
| CWIP | 3.21 | 3.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.67 | 4.72 | 5.55 | 5.77 | 4.88 | 4.63 | 4.63 | 4.63 | 2.54 | 2.54 | 2.54 | 3.69 |
| Other Assets | 6.80 | 7.80 | 14.37 | 32.30 | 92.89 | 42.18 | 42.84 | 50.79 | 54.19 | 73.39 | 78.78 | 80.62 |
| Total Assets | 25.02 | 26.51 | 33.59 | 51.35 | 110.35 | 59.22 | 60.30 | 67.56 | 72.51 | 91.92 | 103.38 | 104.37 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1.45 | -0.76 | 0.99 | 1.37 | -0.97 | -1.10 | 4.19 | -0.47 | 13.45 | -13.46 | -1.50 | 8.07 |
| Cash from Investing Activity | -1.41 | -1.06 | -0.77 | -0.86 | 0.59 | -0.52 | -1.31 | -0.19 | -4.30 | -1.28 | -7.80 | -0.69 |
| Cash from Financing Activity | 0.39 | -0.11 | -0.54 | 0.35 | -0.61 | 2.15 | -2.29 | 0.00 | 1.22 | 10.31 | 3.84 | -4.18 |
| Net Cash Flow | 0.43 | -1.93 | -0.32 | 0.86 | -0.99 | 0.54 | 0.59 | -0.65 | 10.37 | -4.43 | -5.45 | 3.20 |
| Free Cash Flow | -2.12 | -1.77 | 0.19 | 0.73 | -1.27 | -1.87 | 2.88 | -0.66 | 9.93 | -15.23 | -9.30 | 7.38 |
| CFO/OP | 172% | -31% | 20% | 32% | 7% | -11% | 135% | 15% | 365% | -344% | -3% | 453% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 53.02 | 87.07 | 73.04 | 135.72 | 70.82 | 13.62 | 21.19 | 146.10 | 37.05 | 2.09 | 2.86 | 3.81 |
| Inventory Days | 215.45 | 324.44 | 104.37 | 289.66 | 4.70 | 55.45 | 105.93 | 17.65 | 47.00 | 43.80 | 93.96 | 70.91 |
| Days Payable | 58.30 | 81.11 | 32.72 | 248.04 | 55.90 | 34.75 | 30.30 | 3.23 | 0.73 | 0.00 | 64.15 | 45.33 |
| Cash Conversion Cycle | 210.17 | 330.40 | 144.69 | 177.35 | 19.63 | 34.32 | 96.82 | 160.52 | 83.32 | 45.89 | 32.67 | 29.38 |
| Working Capital Days | 253.87 | 298.11 | 241.16 | 199.37 | 21.15 | 294.05 | 727.54 | 744.23 | 1,297.49 | 1,607.62 | 2,514.64 | 3,239.32 |
| ROCE % | 2.18% | 6.01% | 18.65% | 17.84% | 23.93% | 20.02% | 10.05% | 11.32% | 9.46% | 9.92% | 9.27% | 6.47% |
| Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 21.11% | 21.11% | 21.11% | 21.11% | 21.11% | 21.11% | 21.11% | 21.11% | 21.11% | 21.11% | 21.11% | 21.11% |
| Public | 78.89% | 78.89% | 78.89% | 78.89% | 78.90% | 78.90% | 78.89% | 78.90% | 78.90% | 78.90% | 78.89% | 78.89% |
| No. of Shareholders | 479 | 483 | 482 | 481 | 477 | 472 | 467 | 441 | 463 | 468 | 476 | 479 |
Fundamentals
Market Cap₹ 40.6 Cr.
Current Price₹ 34.0
Stock P/E9.75
Book Value₹ 66.4
ROCE6.47 %
ROE5.40 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-25%
Compounded Profit Growth (TTM)-34%
Consolidated figures.
Valuation
Market capRs 41 Cr
Enterprise valueRs 51 Cr
P/E (TTM)9.75x
Price to book0.51x
Price to sales5.29x
EV / EBITDA6.38x
EV / EBIT7.87x
EV / sales6.70x
Price to cash flow5.03x
Earnings yield10.25%
P/E, 3-year average25.55x
P/B, 3-year average2.32x
P/E, 5-year average44.46x
P/B, 5-year average4.33x
Profitability
Operating margin (excl. other income)26.34%
Operating margin (incl. other income)105.08%
EBITDA margin105.08%
Pre-tax margin69.62%
Net profit margin54.24%
ROE5.40%
ROCE6.92%
ROA4.00%
ROE, 3-year average7.98%
ROCE, 3-year average9.20%
ROA, 3-year average6.13%
ROE, 5-year average8.92%
ROCE, 5-year average10.33%
ROA, 5-year average7.22%
ROIC (approx.)5.92%
Tax rate18.54%
Other income / net worth7.63%
Growth
Sales growth (latest year)-24.95%
Profit growth (latest year)-33.86%
Sales CAGR, 3 years-11.93%
Sales CAGR, 5 years-16.84%
Profit CAGR, 3 years-11.29%
Profit CAGR, 5 years-1.86%
Per share
EPS (TTM)Rs 3.49
EPS, 3-year averageRs 5.37
EPS, 5-year averageRs 5.17
Book value per shareRs 66.38
Sales per shareRs 6.44
Cash flow per shareRs 6.77
Free cash flow per shareRs 6.19
Efficiency
Asset turnover0.07x
Fixed asset turnover0.38x
Inventory turnover5.15x
Inventory days71 days
Debtor days4 days
Debtors turnover95.88x
Creditor days45 days
Cash conversion cycle29 days
Working capital days3239 days
Leverage
Total debtRs 15 Cr
Cash and bankRs 5 Cr
Net debtRs 11 Cr
Debt to equity0.19x
Net debt / EBITDA1.34x
Interest coverage5.49x
Owners' fund to total sources75.80%
Debt to assets14.74%
Cash flow
Cash from Operating Activity (latest year)Rs 8 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs 7 Cr
FCFE (approx.: FCF + change in debt)Rs 4 Cr
Cash from ops / profit, 5 years0.21x
Sales to cash flow0.95x
Statement figures
Net sales (TTM)Rs 8 Cr
Net sales (latest year)Rs 8 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Other income (TTM)Rs 6 Cr
EBITDA (TTM)Rs 8 Cr
PBDT (TTM)Rs 7 Cr
Profit before tax (TTM)Rs 5 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 4 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 3 Cr
Total expenditure (latest year)Rs 6 Cr
Total income (latest year)Rs 14 Cr
Share capitalRs 12 Cr
ReservesRs 67 Cr
Shareholders' fundsRs 79 Cr
Total assetsRs 104 Cr
Net blockRs 20 Cr
InvestmentsRs 4 Cr
ReceivablesRs 0 Cr
InventoryRs 1 Cr
Other liabilitiesRs 10 Cr
Shares outstanding (crore)1.19
Ownership
Promoter holding21.11% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 9.8 is at the 5th percentile of its own 8.2-year range
(median 30.6, low 8.0, high 116.0).
P/B 0.51 is at the 1th percentile (median 3.97).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 538921 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -21.7% | -2.8% | -18.9 pts |
| 3 years | -83.4% | +14.2% | -97.6 pts |
| 5 years | -73.6% | +27.9% | -101.5 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -41% of net profit over the last 3 years |
| look | Profit leans on other income Other income was 113% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹4 Cr -62.3% vs Mar 2024.
Net profit ₹2 Cr -61.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| L T Foods Ltd | 13,987 | 21.8 | 17.6 % |
| KRBL Ltd | 8,840 | 11.7 | 15.2 % |
| Gujarat Ambuja Exports Ltd | 7,419 | 17.7 | 12.5 % |
| TruAlt Bioenergy Ltd | 3,940 | 25.2 | 10.4 % |
| Kaveri Seed Company Ltd | 3,801 | 15.2 | 15.8 % |
| Sanstar Ltd | 2,122 | 48.2 | 5.69 % |
| Amir Chand Jagdish Kumar (Exports) Ltd | 2,091 | 16.9 | 15.7 % |
| GRM Overseas Ltd | 1,632 | 21.3 | 14.0 % |
| AVT Natural Products Ltd | 1,403 | 16.7 | 14.2 % |
| Chamanlal Setia Exports Ltd | 1,401 | 11.2 | 18.2 % |
| Gulshan Polyols Ltd | 1,027 | 6.96 | 18.6 % |
| Regaal Resources Ltd | 909 | 14.0 | 12.0 % |
| Bombay Super Hybrid Seeds Ltd | 893 | 31.1 | 16.0 % |
| True Green Bio Energy Ltd | 622 | 11.6 | 13.8 % |
| Mangalam Global Enterprise Ltd | 533 | 14.4 | 17.0 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Raghuvansh Agrofarms Ltd?
Raghuvansh Agrofarms Ltd (538921) has a market capitalisation of Rs 40.6 Cr. at the 2026-07-28 close.
What is the P/E ratio of Raghuvansh Agrofarms Ltd?
Raghuvansh Agrofarms Ltd trades at a P/E of 9.75 on trailing twelve-month profit, at the 2026-07-28 close.
What were Raghuvansh Agrofarms Ltd's latest quarterly results?
In the Mar 2026 quarter, Raghuvansh Agrofarms Ltd sales was Rs 4 Cr (-62.3% vs Mar 2024) and net profit was Rs 2 Cr.