MarketFriction

Best Agrolife Ltd

NSE BESTAGRO · BSE 539660 · Pesticides & Agrochemicals
₹17.47 -0.34%
NSE close2026-10-01
52 week range12.30 - 34.40
Market cap₹632 Cr.
P/E21.4
Price band 10% Delivery 42.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales811314135519747274274381517203156396
Expenses667296202465600280270335439199183318
Operating Profit14419-6755147-6446784-2778
OPM %18%6%-50%11%20%-2.1%1.6%12%15%1.9%-17%20%
Other Income-31131-014-2112
Interest151915161616171413151215
Depreciation8611101011121010101010
Profit before tax118-6-9232121-33-242652-20-4855
Tax %19%3%-22%33%22%-26%-9%22%26%-36%-23%26%
Net Profit95-7-722195-24-222039-13-3741
EPS in Rs2.67-0.19-2.040.602.67-0.68-0.620.561.10-0.36-1.051.15
Mar 2017Mar 2018Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1271519051,2111,7461,8731,8141,2571,272
Expenses1261548541,0451,4321,6481,6141,1571,140
Operating Profit1-251166314226200100132
OPM %0.5%-1.4%6%14%18%12%11%8%10%
Other Income147233552
Interest125153962665355
Depreciation003122433434241
Profit before tax0051141253134961039
Tax %575%100%27%26%24%21%27%10%
Net Profit-003710519210670930
EPS in Rs-0.040.001.122.955.412.991.970.250.84
Dividend Payout %0%798%12%5%4%7%10%40%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%7%-10%-24%
Compounded Profit Growth%-26%-65%-57%
Stock Price CAGR27%-19%-38%-27%
Return on Equity%18%9%1%
Mar 2017Mar 2018Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital88222424242435
Reserves4648108306504623734733
Borrowings01933270568637478442
Other Liabilities6335209384380729713470
Total Liabilities1171103729841,4752,0131,9491,681
Fixed Assets0019180203362374351
CWIP0045141511
Investments323000011
Other Assets851073498001,2581,6361,5731,328
Total Assets1171103729841,4752,0131,9491,681
Mar 2017Mar 2018Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-14-4113-60-1803622897
Cash from Investing Activity-34318-15-19-63-291
Cash from Financing Activity4810-1167248-1-199-96
Net Cash Flow0-010-849-29-02
Free Cash Flow-14-426-66-218-1020891
CFO/OP-2,460%1,884%48%-13%-32%33%123%117%
Mar 2017Mar 2018Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days858753777391113142
Inventory Days67199391864577564
Days Payable72124167521404277
Cash Conversion Cycle858748152297434286430
Working Capital Days601503352474364103
ROCE %0%41%34%16%13%5%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters50.10%50.10%50.10%50.10%50.10%50.10%50.44%50.44%50.44%50.44%50.44%50.44%
FIIs9.86%8.86%8.77%8.73%8.03%5.11%5.80%5.75%5.75%5.63%5.53%5.56%
DIIs2.63%2.53%2.53%2.53%2.67%2.74%2.74%2.74%2.11%2.11%2.11%2.13%
Public37.42%38.50%38.60%38.62%39.18%42.06%41.01%41.05%41.70%41.82%41.94%41.87%
No. of Shareholders31,94037,57139,86141,57040,57337,66637,49436,63037,18138,18068,25466,662

Fundamentals

Market Cap₹ 632 Cr.
Current Price₹ 17.9
Stock P/E21.4
Book Value₹ 21.7
ROCE5.15 %
ROE1.11 %
Dividend Yield0.56 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-24%
Compounded Profit Growth (TTM)-57%
Consolidated figures.
Valuation
Market capRs 619 Cr
Enterprise valueRs 1,208 Cr
P/E (TTM)20.90x
Price to book0.96x
Price to sales0.49x
EV / EBITDA8.99x
EV / EBIT12.92x
EV / sales0.95x
Price to cash flow17.41x
Earnings yield4.79%
Dividend yield1.15%
P/E, 3-year average0.96x
P/B, 3-year average0.28x
P/E, 5-year average3.78x
P/B, 5-year average0.27x
Profitability
Operating margin (excl. other income)12.04%
Operating margin (incl. other income)12.21%
EBITDA margin10.57%
Pre-tax margin3.06%
Net profit margin2.33%
Net margin, latest quarter10.26%
ROE18.10%
ROCE16.49%
ROA6.09%
ROE, 3-year average36.17%
ROCE, 3-year average30.59%
ROA, 3-year average12.39%
ROE, 5-year average29.69%
ROCE, 5-year average28.32%
ROA, 5-year average10.52%
ROIC (approx.)6.01%
Tax rate20.52%
Other income / net worth0.49%
Growth
Sales growth (latest year)7.31%
Profit growth (latest year)-44.69%
Sales CAGR, 3 years27.42%
Sales CAGR, 5 years71.29%
Profit CAGR, 3 years42.04%
Sales growth QoQ154.48%
Sales growth YoY (latest quarter)3.92%
Profit growth YoY (latest quarter)104.07%
Per share
EPS (TTM)Rs 0.84
EPS (latest year)Rs 44.94
EPS (latest quarter)Rs 1.15
EPS, 3-year averageRs 56.84
EPS, 5-year averageRs 37.47
Book value per shareRs 18.27
Sales per shareRs 35.91
Cash flow per shareRs 1.00
Free cash flow per shareRs 2.57
Dividend per share (latest year)Rs 3.00
Dividend per share, 3-year averageRs 2.67
Dividend per share, 5-year averageRs 2.02
Dividends
Dividend payout6.67%
Dividend payout, 3-year average4.96%
Dividend payout, 5-year average165.35%
Efficiency
Asset turnover0.93x
Fixed asset turnover5.18x
Inventory turnover1.50x
Inventory days243 days
Debtor days91 days
Debtors turnover4.03x
Creditor days277 days
Cash conversion cycle430 days
Working capital days103 days
Leverage
Total debtRs 637 Cr
Cash and bankRs 47 Cr
Net debtRs 590 Cr
Debt to equity0.98x
Net debt / EBITDA4.39x
Interest coverage1.71x
Current ratio (filing 2026-03-31)1.53x
Quick ratio (filing 2026-03-31)0.77x
Trade payables (filing 2026-03-31)Rs 319 Cr
Owners' fund to total sources32.14%
Debt to assets31.63%
Cash flow
Cash from Operating Activity (latest year)Rs 36 Cr
Cash from Investing Activity (latest year)Rs -63 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs -29 Cr
Free cash flow (latest year)Rs 91 Cr
FCFE (approx.: FCF + change in debt)Rs 160 Cr
Cash from ops / profit, 5 years0.25x
Sales to cash flow52.73x
Statement figures
Net sales (TTM)Rs 1,272 Cr
Net sales (latest year)Rs 1,873 Cr
Sales (latest quarter)Rs 396 Cr
Operating profit excl. other income (latest year)Rs 226 Cr
Operating profit (latest quarter)Rs 78 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 134 Cr
PBDT (TTM)Rs 80 Cr
Profit before tax (TTM)Rs 39 Cr
Tax (latest year)Rs 27 Cr
Net profit (TTM)Rs 30 Cr
Net profit (latest year)Rs 106 Cr
Net profit (latest quarter)Rs 41 Cr
Depreciation (TTM)Rs 41 Cr
Depreciation (latest quarter)Rs 10 Cr
Interest (TTM)Rs 55 Cr
Cost of goods sold (latest year)Rs 1,439 Cr
Total expenditure (latest year)Rs 1,648 Cr
Total income (latest year)Rs 1,876 Cr
Share capitalRs 24 Cr
ReservesRs 623 Cr
Shareholders' fundsRs 647 Cr
Total assetsRs 2,013 Cr
Net blockRs 362 Cr
Capital work in progressRs 15 Cr
ReceivablesRs 465 Cr
InventoryRs 958 Cr
Other liabilitiesRs 729 Cr
Shares outstanding (crore)35.41
Ownership
Promoter holding50.44% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 20.9 is at the 48th percentile of its own 2.8-year range (median 20.9, low 11.3, high 76.3).
P/B 0.96 is at the 5th percentile (median 4.84).
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.
PeriodBESTAGRONifty 50Difference
1 week-4.0%-2.8% -1.2 pts
1 month+2.1%-6.8% +8.9 pts
3 months+9.7%-7.6% +17.4 pts
6 months+42.0%+0.4% +41.6 pts
1 year-28.5%-9.9% -18.6 pts
2 years-54.4%-13.6% -40.9 pts
3 years-77.5%+14.2% -91.7 pts
5 years-66.4%+27.9% -94.3 pts
1 mutual fund schemes hold about ₹13 Cr. Over three months 0 bought more and 1 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Quant Small Cap Fund0.04%13 -6%

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -51% of net profit over the last 3 years
explainReceivables outrunning sales Receivables grew 33% vs sales +7% 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

Jun 2026
Sales ₹396 Cr +3.9% vs Jun 2025. Net profit ₹41 Cr +105.0%.
Against our estimate for Jun 2026: sales +58.7%, profit +2945.4% beat. Our estimate for Sep 2026: sales Rs 416 Cr, profit Rs 2 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-22Dividend - Re 0.10 Per Share
2026-01-16Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share0.1000
2026-01-16Bonus 1:20.6667
2025-09-23Dividend - Rs 3 Per Share
2024-09-23Dividend - Rs 3 Per Share
2022-09-20Dividend - Rs 2 Per Share
2022-09-20Annual General Meeting
2021-09-20 Dividend - Rs 2 Per Sh
DateTypeWhat it says
2026-09-30Shareholder meetingVoting results.
2026-09-29Shareholder meetingProceedings of Annual General Meeting held on September 29, 2026
2026-09-07General UpdatesGeneral Updates
2026-09-04UpdatesBusiness Responsibility and sustainability Report.
2026-09-04Shareholder meetingNotice of Annual General Meeting to be held on September 29, 2026
2026-09-01Record DateRecord date for the purpose of Dividend is 22-Sep-2026.
2026-09-01Board meeting outcomeOutcome of Board Meeting held on September 01, 2026.
2026-08-05Concall / analyst meetSchedule of Non-Deal Roadshow to be held on Monday, August 10, 2026
2026-08-04Monitoring Agency ReportAnnouncement under Regulation 30 SEBI (LODR)- Monitoring Agency Report for the quarter ended June 30, 2026
2026-08-04Concall / analyst meetTranscript earning conference call Q1 FY 2026-27
2026-07-31Concall / analyst meetLink of Recording
2026-07-30General UpdatesCorporate presentation for the quarter ended June 30, 2026
2026-07-30Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2026-07-30Board meeting outcomeBest Agrolife Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-25Concall / analyst meetSchedule of meet
2026-07-23General UpdatesLetter sent to the shareholders for KYC update
2026-07-17Reply to Clarification- FinaThe Exchange had sought clarification from Best Agrolife Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing ...
2026-07-06Structural Digital DatabaseSDD compliance certificate for the quarter ended 30th June, 2026
2026-06-27General UpdatesNon exercise of option for conversion of Warrants
2026-06-27Board meeting outcomeOutcome of Board Meeting held on Jun 27, 2026.
2026-06-24Clarification - Financial ReThe Exchange has sought clarification from Best Agrolife Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing ...
2026-06-05Disclosure under SEBI TakeovVimal Kumar has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31 (5) of the Securities and Exchange Board of India (Substa...
2026-06-05Disclosure under SEBI TakeovVimal Kumar has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31 (5) of the Securities and Exchange Board of India (Substa...
2026-06-01Concall / analyst meetTranscript
2026-05-28Concall / analyst meetLink of Recording
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.
High low price variation greater than 150perc in previous 12 months

Quick answers

What is the market cap of Best Agrolife Ltd?

Best Agrolife Ltd (BESTAGRO) has a market capitalisation of Rs 632 Cr. at the 2026-10-01 close.

What is the P/E ratio of Best Agrolife Ltd?

Best Agrolife Ltd trades at a P/E of 21.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Best Agrolife Ltd's latest quarterly results?

In the Jun 2026 quarter, Best Agrolife Ltd sales was Rs 396 Cr (+3.9% vs Jun 2025) and net profit was Rs 41 Cr.

What is the 52-week high and low of Best Agrolife Ltd?

The 52-week high is Rs 34.40 and the 52-week low is Rs 12.30.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03