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Best Agrolife (formerly known as Sahyog Multibase Limited)[1]is a leading agrochemicals manufacturer in India and is among the top 15 agrochemicals companies in the country. It is one of the fastest growing manufacturers of Technicals, Formulations, Intermediates and Public Health products. Best Agrochem Private Limited was amalgamated with the Co. in April 2018.It offers more than 70 Formulations in the form of Insecticides, Herbicides, Fungicides and Plant Growth Regulators, which are developed from active ingredients manufactured in-house. As part of its P2P set-up, Best Agrolife caters to several blue-chip corporates and leading MNCs from India and abroad.[2]
Business OverviewThe company is the13th Largest Indian Agrochemical Company, with a portfolio of 490+ formulations and 115+ technical manufacturing licenses. It offers a wide range of herbicides, insecticides, fungicides, and plant growth regulators including Ronfen, Citigen, Tricolor, Azaro, Cubax Power, etc.[1][2][3]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | UPL | 756.45 | 26.89 | 63792.71 | 0.79 | 612.00 | 209.91 | 12019.00 | 8.38 | 7.66 | 47715.00 | 17.15 | 2372.46 | 484.10 | 2.00 | 0.95 | 0.94 |
| 2. | P I Industries | 3409.70 | 34.20 | 51731.33 | 0.47 | 409.30 | -19.46 | 1872.30 | -15.70 | 22.86 | 7460.70 | 27.18 | 1512.50 | 409.30 | 4.78 | 14.46 | 0.02 |
| 3. | Sumitomo Chemi. | 465.35 | 42.98 | 23227.75 | 0.26 | 177.90 | -6.78 | 914.44 | -5.86 | 25.14 | 3249.74 | 20.16 | 540.43 | 177.90 | 7.27 | 13.91 | 0.02 |
| 4. | Bayer Crop Sci. | 4506.00 | 33.26 | 20250.91 | 2.77 | 152.70 | 12.03 | 1553.40 | -10.60 | 24.80 | 5571.80 | 13.37 | 608.90 | 152.70 | 6.48 | 11.56 | 0.03 |
| 5. | Sharda Cropchem | 891.40 | 17.80 | 8042.25 | 1.01 | 74.35 | 75.22 | 929.11 | 19.59 | 16.50 | 4671.78 | 16.40 | 451.81 | 74.31 | 3.01 | 6.84 | 0.00 |
| 6. | Dhanuka Agritech | 1250.50 | 20.13 | 5637.04 | 0.16 | 93.97 | -20.04 | 598.25 | -8.56 | 28.29 | 2013.83 | 20.12 | 280.01 | 93.97 | 3.65 | 17.27 | 0.02 |
| 7. | Rallis India | 255.60 | 29.11 | 4970.62 | 0.98 | 102.00 | -0.39 | 861.00 | -7.22 | 10.12 | 2770.00 | 11.84 | 170.77 | 97.62 | 2.42 | 4.15 | 0.03 |
| 8. | Best Agrolife | 395.40 | 22.08 | 934.91 | 0.76 | 38.33 | 0.16 | 365.16 | -15.82 | 14.45 | 1027.66 | 8.93 | 42.34 | 38.33 | 1.89 | 4.17 | 0.47 |
| – | Median: 24 Co. | 323.75 | 28.55 | 1891.47 | 0.15 | 19.0 | 1.1 | 356.21 | 5.38 | 13.09 | 1126.97 | 11.14 | 41.0 | 18.88 | 2.63 | 5.36 | 0.29 |
Standalone figures in ₹ crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 238 | 348 | 193 | 613 | 361 | 313 | 260 | 104 | 156 | 579 | 734 | 434 | 365 |
Expenses | 216 | 349 | 190 | 576 | 321 | 283 | 295 | 121 | 159 | 513 | 690 | 371 | 304 |
Operating Profit | 22 | -1 | 4 | 36 | 40 | 30 | -35 | -17 | -4 | 66 | 44 | 63 | 62 |
Other Income | 1 | 2 | 1 | 5 | 2 | 5 | 1 | 2 | 1 | 4 | -2 | 2 | -1 |
Profit before tax | 16 | -15 | -8 | 32 | 30 | 26 | -43 | -28 | -13 | 63 | 30 | 52 | 52 |
Tax % | 42% | -24% | -25% | 26% | 25% | 25% | -25% | -24% | -25% | 26% | 26% | 27% | 26% |
Net Profit | 9 | -12 | -6 | 24 | 22 | 20 | -32 | -21 | -9 | 47 | 22 | 38 | 38 |
EPS in Rs | 3.89 | -4.88 | -2.57 | 10.11 | 9.31 | 8.26 | -13.72 | -8.92 | -4.00 | 19.81 | 9.38 | 16.19 | 16.21 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 0 | 0 | 9 | 99 | 129 | 663 | 690 | 905 | 1,134 | 1,500 | 1,798 | 1,144 | 1,028 |
Expenses | 0 | 0 | 9 | 98 | 132 | 652 | 675 | 854 | 1,009 | 1,414 | 1,736 | 1,041 | 936 |
Operating Profit | -0 | -0 | -0 | 1 | -3 | 11 | 15 | 51 | 125 | 86 | 62 | 103 | 92 |
Other Income | 0 | 0 | 0 | 0 | 4 | 2 | 4 | 7 | 5 | 10 | 6 | 6 | 6 |
Interest | 0 | 0 | 0 | 1 | 1 | 5 | 6 | 5 | 11 | 24 | 43 | 41 | 34 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 4 | 5 | 7 | 7 | 7 |
Profit before tax | 0 | 0 | 0 | 0 | 0 | 7 | 12 | 51 | 116 | 67 | 19 | 61 | 57 |
Net Profit | 0 | 0 | 0 | -0 | -0 | 5 | 8 | 37 | 87 | 47 | 13 | 44 | 42 |
EPS in Rs | 0.07 | 0.10 | 0.13 | -0.46 | -0.07 | 5.88 | 10.36 | 16.83 | 36.82 | 19.91 | 5.69 | 18.81 | 17.90 |
Dividend Payout % | 0% | 0% | 76% | -57% | -399% | 0% | 3% | 12% | 5% | 15% | 53% | 16% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 8 | 8 | 22 | 22 | 22 | 24 | 24 | 24 | 24 | 24 |
Reserves | 0 | 0 | 0 | 41 | 43 | 156 | 62 | 108 | 289 | 336 | 342 | 420 | 471 |
Borrowings | 0 | 0 | 0 | 0 | 8 | 39 | 35 | 32 | 137 | 286 | 348 | 252 | 231 |
Other Liabilities | 3 | 0 | 1 | 38 | 22 | 265 | 217 | 209 | 260 | 283 | 443 | 279 | 356 |
Total Liabilities | 6 | 3 | 4 | 87 | 81 | 482 | 336 | 371 | 709 | 928 | 1,157 | 975 | 1,081 |
Fixed Assets | 0 | 0 | 0 | 0 | 0 | 110 | 15 | 19 | 21 | 33 | 32 | 34 | 32 |
Gross Block | 0.00 | 0.00 | 0.00 | 0.60 | 0.42 | 113.01 | 20.07 | 26.44 | 32.37 | 46.33 | 52.07 | 60.30 | – |
Accumulated Depreciation | 0.00 | 0.00 | 0.00 | 0.36 | 0.19 | 3.41 | 4.61 | 7.19 | 10.91 | 13.17 | 19.63 | 26.63 | – |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Investments | 0 | 0 | 0 | 26 | 3 | 4 | 5 | 0 | 102 | 102 | 116 | 122 | 122 |
Other Assets | 6 | 3 | 4 | 60 | 78 | 369 | 315 | 352 | 586 | 793 | 1,007 | 819 | 928 |
Total Assets | 6 | 3 | 4 | 87 | 81 | 482 | 336 | 371 | 709 | 928 | 1,157 | 975 | 1,081 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 0 | 0 | -0 | -13 | -35 | 60 | 16 | 10 | -0 | -128 | -35 | 131 |
Cash from Investing Activity | 0 | 0 | 0 | -36 | 25 | -5 | -5 | 12 | -97 | 55 | -20 | -14 |
Cash from Financing Activity | 0 | 0 | 0 | 48 | 11 | -45 | -13 | -12 | 90 | 118 | 12 | -107 |
Net Cash Flow | 0 | 0 | 0 | -0 | 0 | 11 | -3 | 10 | -8 | 45 | -42 | 9 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | – | 88 | 72 | 86 | 112 | 92 | 53 | 75 | 73 | 66 | 103 |
Inventory Days | – | – | 0 | 31 | 31 | 43 | 42 | 67 | 77 | 90 | 86 | 122 |
Days Payable | – | – | – | 75 | 53 | 141 | 101 | 72 | 82 | 63 | 83 | 84 |
Cash Conversion Cycle | 0 | – | 88 | 29 | 63 | 14 | 33 | 48 | 70 | 100 | 69 | 141 |
Working Capital Days | 15,486 | – | 111 | 76 | 156 | 14 | 24 | 34 | 50 | 32 | 28 | 66 |
ROCE % | 1% | 2% | 2% | 5% | -2% | 8% | 11% | 40% | 41% | 17% | 9% | 14% |
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