Narmada Agrobase Limited

About

Narmada Agrobase Limited manufactures and sells cotton seeds and cattle feeds in India. The company offers cotton seed meal, bleached cotton linters, gwar korma, maize meal, multi grain meal, maize oil cakes, cotton seed oil cakes, cotton linters, poultry feeds, mesh and pellet cattle feed, compound cattle feed, and delinted cotton seeds. Its products are used for fertilizers and animal feed, as well as various industries, including furniture, paper, yarns, absorbent cotton, etc. under the Churma, and Gaay Chhaap Narmada Pashu Aahar brands. The company was incorporated in 2013 and is based in Ahmedabad, India.

Key Metrics

as of Sep 2026

Market Cap102 Cr

P/E28.40

Div Yield0.00 %

Book Value—

52w High₹22.60

52w Low₹9.95

Face Value₹5.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	22.26	34.00	21.35	11.95	11.08	29.30	13.84	10.28	12.26	18.75	12.22	11.41	7.95
Expenses	21.31	33.02	19.97	10.65	9.76	28.71	12.50	8.21	10.68	17.60	11.77	10.94	7.50
Operating Profit	0.95	0.98	1.38	1.30	1.32	0.59	1.34	2.07	1.58	1.15	0.45	0.47	0.45
OPM %	4.27	2.88	6.46	10.88	11.91	2.01	9.68	20.14	12.89	6.13	3.68	4.12	5.66
Other Income	0.28	0.32	0.29	0.33	0.33	0.32	0.32	0.01	0.01	0.00	0.02	0.03	0.01
Depreciation	0.05	0.06	0.06	0.05	0.05	0.06	0.06	0.06	0.06	0.07	0.07	0.07	0.07
Interest	0.17	0.18	0.20	0.20	0.24	0.16	0.21	0.24	0.24	0.26	0.23	0.23	0.23
Profit before tax	1.01	1.06	1.41	1.38	1.36	0.69	1.39	1.78	1.29	0.82	0.17	0.20	0.16
Tax %	24.75	24.53	28.37	25.36	25.00	-13.04	28.06	26.97	21.71	25.61	23.53	15.00	31.25
Net Profit	0.75	0.80	1.01	1.03	1.02	0.78	1.00	1.29	1.02	0.61	0.13	0.17	0.11
EPS in Rs	0.10	0.11	0.13	0.14	0.13	0.10	0.13	0.17	0.13	0.08	0.02	0.02	0.01

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	77.56	64.68	49.74	49.48	34.61	58.14	61.46	47.50	37.00	34.45	30.53	21.97
Expenses	72.58	59.10	47.22	47.46	32.61	55.90	59.00	45.87	35.43	33.02	29.35	21.12
Operating Profit	4.98	5.58	2.52	2.02	2.00	2.24	2.46	1.63	1.57	1.43	1.18	0.85
OPM %	6.42	8.63	5.07	4.08	5.78	3.85	4.00	3.43	4.24	4.15	3.87	3.87
Other Income	1.27	0.66	0.07	0.05	0.06	0.04	0.03	0.28	0.07	0.02	0.02	0.02
Interest	0.82	0.84	0.96	0.86	0.82	0.85	1.03	0.70	0.82	0.75	0.70	0.43
Depreciation	0.22	0.24	0.28	0.32	0.37	0.42	0.40	0.54	0.28	0.30	0.27	0.27
Profit before tax	5.21	5.16	1.35	0.89	0.87	1.01	1.06	0.67	0.54	0.40	0.23	0.17
Tax %	25.91	20.74	24.44	26.97	31.03	32.67	25.47	25.37	25.93	25.00	21.74	17.65
Net Profit	3.86	4.09	1.02	0.65	0.61	0.68	0.79	0.50	0.40	0.30	0.19	0.14
EPS in Rs	0.51	0.54	0.13	0.09	0.08	0.09	0.10	0.07	0.08	0.16	0.10	0.11
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	15.06	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	37.94	37.94	13.55	13.55	13.55	13.55	13.55	7.53	5.19	1.83	1.83	1.25
Reserves	21.40	17.93	3.35	2.33	1.68	1.39	0.71	6.04	0.42	0.64	0.30	0.11
Borrowings	10.10	9.47	9.68	10.07	9.72	8.69	8.44	9.13	7.39	10.22	7.93	6.71
Other Liabilities	2.81	1.12	1.38	1.37	1.55	3.29	1.57	0.88	1.44	0.98	0.67	0.89
Total Liabilities	72.25	66.46	27.96	27.32	26.50	26.92	24.27	23.58	14.44	13.67	10.73	8.96
Fixed Assets	2.91	2.97	3.18	3.44	3.75	3.50	3.89	4.66	2.74	2.66	2.71	2.38
CWIP	0.00	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	1.70	0.00	0.00	0.00	0.00	0.00	0.00	0.61	0.47	0.43	0.21	0.21
Other Assets	67.64	63.47	24.78	23.88	22.75	23.42	20.38	18.31	11.23	10.58	7.81	6.37
Total Assets	72.25	66.46	27.96	27.32	26.50	26.92	24.27	23.58	14.44	13.67	10.73	8.96

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Cash from Operating Activity	-1.30	-15.93	0.93	0.05	-0.08	0.30	0.49	-5.10	1.21	-1.25
Cash from Investing Activity	-2.95	-3.58	0.35	0.37	0.06	0.04	0.46	-2.32	-0.34	-0.44
Cash from Financing Activity	-0.18	33.83	-1.35	-0.52	0.22	-0.40	-1.94	8.52	-0.82	1.52
Net Cash Flow	-4.43	14.32	-0.07	-0.10	0.20	-0.07	-1.00	1.11	0.05	-0.17
Free Cash Flow	-1.45	-15.98	0.92	0.05	-0.08	0.26	0.36	-7.56	0.84	-1.49
CFO/OP %	-8.00	-271.00	45.00	14.00	14.00	28.00	24.00	-299.00	86.00	-83.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	166.45	107.56	97.74	97.52	151.97	101.83	67.41	58.02	31.07	31.89	26.66	30.07
Inventory Days	75.38	154.49	84.67	75.95	77.66	28.83	37.81	70.33	75.62	70.88	54.43	73.60
Days Payable	6.63	1.38	6.35	7.25	10.03	15.92	4.02	3.54	11.98	8.63	6.97	10.54
Cash Conversion Cycle	235.21	260.66	176.06	166.22	219.59	114.74	101.19	124.80	94.71	94.14	74.11	93.13
Working Capital Days	180.15	194.58	94.00	87.34	104.62	64.10	53.09	59.01	25.35	26.81	25.70	21.27
ROCE %	8.95	13.05	8.79	6.88	6.96	8.20	9.21	7.68	10.59	10.11	10.26	—

Shareholding Pattern

% holding — latest first

Holder	Jul 2026	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023
Promoters	50.30	50.30	50.30	50.30	50.30	50.30	49.11	49.11	57.66	57.66	63.57	63.94
FIIs	0.11	0.31	0.54	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DIIs	6.50	7.07	8.96	8.96	8.96	8.96	8.96	7.91	0.00	0.00	0.00	0.00
Public	43.11	42.34	40.20	40.71	40.74	40.74	41.93	42.98	42.34	42.33	36.43	36.07
No. of Shareholders	26,046	18,203	10,136	10,879	11,308	11,531	11,855	12,001	9,488	7,091	7,009	4,601

Corporate Actions

3 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Split	31 Jul 2026	31 Jul 2026	10:5	—
Rights	13 Sep 2024	16 Sep 2024	9:5	—
Other	13 Sep 2024	16 Sep 2024	—	—	Right Issue of Equity Shares

Announcements

5 filings

Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Aug 2026 17 Aug - Please find the copies of Newspaper Advertisement regarding the publication of unaudited standalone and consolidated financial results of the Company for the quarter ended on …
Board Meeting Outcome for Submission Of Unaudited Financial Results (Standalone & Consolidated) For The Quarter Ended 30Th June, 2026
14 Aug 2026 14 Aug - Board approved unaudited Q1 FY2026 standalone and consolidated results; no deviation in issue proceeds.
Results - 30-06-2026
14 Aug 2026 14 Aug - Board approved Q1 FY2026 unaudited standalone and consolidated results for quarter ended 30 June 2026.
Announcement Under Regulation 30 Of SEBI (LODR) - Intimation Of Purchase Order
08 Aug 2026 8 Aug - Received domestic order for 300 MT delinted cotton seed worth Rs. 17.43 lakh, executable by September 2026.
Board Meeting Intimation for INTIMATION OF BOARD MEETING TO CONSIDER THE UN-AUDITED FINANCIAL RESULTS OF THE COMPANY FOR THE QUARTER ENDED 30TH JUNE, 2026
06 Aug 2026 6 Aug - Board meeting on 14 August 2026 to approve Q1 FY27 unaudited results; trading window closed till 17 August.