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Best Agrolife Ltd

₹ 4381.74%
07 Jan 4:01 p.m. – close price
🔗bestagrolife.com•BSE: 539660•NSE: BESTAGRO
Market Cap₹ 1,035 Cr.
Current Price₹ 438
High / Low₹ 596
Stock P/E24.4
Book Value₹ 209
Dividend Yield0.46 %
ROCE14.4 %
ROE11.0 %
Face Value₹ 10.0
Sales₹ 1,028 Cr.
OPM8.93 %
Mar Cap₹ 1,035 Cr.

ABOUT

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]

KEY POINTS

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]

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuanceRevenue Guidance Vs ActualsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket 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 valueReturn on assets (%)Debt to equity
1.UPL804.0028.5867807.070.75612.00209.9112019.008.387.6647715.0017.152372.46484.102.120.950.94
2.P I Industries3290.0032.9949900.030.49409.30-19.461872.30-15.7022.867460.7027.181512.50409.304.6114.460.02
3.Sumitomo Chemi.459.8042.3922909.570.26177.90-6.78914.44-5.8625.143249.7420.16540.43177.907.1813.910.02
4.Bayer Crop Sci.4535.0033.4620374.682.76152.7012.031553.40-10.6024.805571.8013.37608.90152.706.5311.560.03
5.Sharda Cropchem838.0516.757564.121.0774.3575.22929.1119.5916.504671.7816.40451.8174.312.836.840.00
6.Rallis India267.4030.455200.100.94102.00-0.39861.00-7.2210.122770.0011.84170.7797.622.534.150.03
7.Dhanuka Agritech1115.0017.965028.450.1893.97-20.04598.25-8.5628.292013.8320.12280.0193.973.2617.270.02
8.Best Agrolife438.4024.431034.660.4638.330.16365.16-15.8214.451027.668.9342.3438.332.094.170.47
–Median: 23 Co.356.1529.521973.20.1819.464.58365.165.7613.151226.2911.4142.3419.212.535.40.27

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
238348193613361313260104156579734434365
Expenses
216349190576321283295121159513690371304
Operating Profit
22-14364030-35-17-466446362
Other Income
1215251214-22-1
Profit before tax
16-15-8323026-43-28-1363305252
Tax %
42%-24%-25%26%25%25%-25%-24%-25%26%26%27%26%
Net Profit
9-12-6242220-32-21-947223838
EPS in Rs
3.89-4.88-2.5710.119.318.26-13.72-8.92-4.0019.819.3816.1916.21

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
009991296636909051,1341,5001,7981,1441,028
Expenses
009981326526758541,0091,4141,7361,041936
Operating Profit
-0-0-01-3111551125866210392
Other Income
00004247510666
Interest
000115651124434134
Depreciation
0000012345777
Profit before tax
000007125111667196157
Net Profit
000-0-058378747134442
EPS in Rs
0.070.100.13-0.46-0.075.8810.3616.8336.8219.915.6918.8117.90
Dividend Payout %
0%0%76%-57%-399%0%3%12%5%15%53%16%–

Compounded Profit Growth

10 Years:108%
5 Years:39%
3 Years:-20%
TTM:53%

Compounded Sales Growth

10 Years:%
5 Years:11%
3 Years:0%
TTM:-18%

Return on Equity

10 Years:14%
5 Years:16%
3 Years:10%
Last Year:11%

Stock Price CAGR

10 Years:%
5 Years:-4%
3 Years:-33%
1 Year:-26%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
333882222222424242424
Reserves
000414315662108289336342420471
Borrowings
00008393532137286348252231
Other Liabilities
3013822265217209260283443279356
Total Liabilities
63487814823363717099281,1579751,081
Fixed Assets
0000011015192133323432
Gross Block
0.000.000.000.600.42113.0120.0726.4432.3746.3352.0760.30–
Accumulated Depreciation
0.000.000.000.360.193.414.617.1910.9113.1719.6326.63–
CWIP
0000000000111
Investments
000263450102102116122122
Other Assets
63460783693153525867931,007819928
Total Assets
63487814823363717099281,1579751,081

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
00-0-13-35601610-0-128-35131
Cash from Investing Activity
000-3625-5-512-9755-20-14
Cash from Financing Activity
0004811-45-13-129011812-107
Net Cash Flow
000-0011-310-845-429

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
0–8872861129253757366103
Inventory Days
––03131434267779086122
Days Payable
–––75531411017282638384
Cash Conversion Cycle
0–8829631433487010069141
Working Capital Days
15,486–1117615614243450322866
ROCE %
1%2%2%5%-2%8%11%40%41%17%9%14%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
48.20%50.10%50.10%50.10%50.10%50.10%50.10%50.10%50.10%50.44%50.44%50.44%
FIIs
12.05%11.48%10.84%9.86%8.86%8.77%8.73%8.03%5.11%5.80%5.75%5.75%
DIIs
2.57%2.58%2.55%2.63%2.53%2.53%2.53%2.67%2.74%2.74%2.74%2.11%
Public
37.16%35.84%36.50%37.42%38.50%38.60%38.62%39.18%42.06%41.01%41.05%41.70%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Best Agrolife to Close Trading Window from April 1, 2026 for Financial Results

24th March 2026, 6:00 pm

Best Agrolife Limited Announces Special Window for Physical Share Transfer Re-lodgement

27th February 2026, 9:06 pm

Corporate Announcements Abound: Postal Ballots, E-Auctions, Demat Windows, and EGMs Highlight Market Activity

27th February 2026, 5:25 pm

Best Agrolife Q3 FY26 Earnings Call: Adverse Weather & Industry Headwinds Hit Sales; Management Confident Worst is Over

13th February 2026, 8:15 pm

Best Agro Limited: Audio Recording of FY26 Q3 Earnings Conference Call Uploaded

9th February 2026, 10:41 pm

Published by Other Websites

External media mentions & references

BSE Smallcap Tumbles to 8-Month Low as 201 Stocks Hit 52-Week Dips

20th January 2026, 1:15 pm

Indian Markets Slip Second Day; Infosys Misses Profit Despite Guidance

16th January 2026, 6:59 am

TCS, HCL Tech Lead Ex-Date Rush; Investors Eye ₹57 Dividend Payouts

14th January 2026, 8:39 am

Indian Stocks: TCS, Kotak & 6 Others Face Ex-Date Amidst Dividends, Splits

9th January 2026, 1:34 pm

Indian Stocks Surge: Price-Volume Breakouts Signal Key Moves for Tomorrow

6th January 2026, 5:46 pm

News Articles

Editorial & research coverage

Indian Markets Slip Second Day; Infosys Misses Profit Despite Guidance
Indian Markets Slip Second Day; Infosys Misses Profit Despite Guidance

16th January 2026, 6:59 am

Indian Stocks: TCS, Kotak & 6 Others Face Ex-Date Amidst Dividends, Splits
Indian Stocks: TCS, Kotak & 6 Others Face Ex-Date Amidst Dividends, Splits

9th January 2026, 1:34 pm

Indian Stocks Surge: Price-Volume Breakouts Signal Key Moves for Tomorrow
Indian Stocks Surge: Price-Volume Breakouts Signal Key Moves for Tomorrow

6th January 2026, 5:46 pm

Mega Stock Split Alert! Best Agrolife Gears Up For 1:10 Share Division & Bonus Shares – Investors Rejoice?
Mega Stock Split Alert! Best Agrolife Gears Up For 1:10 Share Division & Bonus Shares – Investors Rejoice?

3rd December 2025, 6:35 pm

Best Agrolife Revenue Drops 26% Amid Rains, But Profitability Turns Around
Best Agrolife Revenue Drops 26% Amid Rains, But Profitability Turns Around

Documents

Announcements

General Update- Receipt Of The In-Principal Approval For Bonus Shares From National Stock Exchange Of India Limited And BSE Limited

2 Jan - NSE (Jan 1, 2026) and BSE (Dec 31, 2025) approved 12,99,42,450 bonus shares of Rs.1.

Intimation Of 'Record Date' For The Purpose Of Bonus Issue And Sub-Division Of Face Value Of Equity Shares.
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

30 Dec - Submitted EGM e-voting results and consolidated Scrutinizer’s Report for December 29, 2025 EGM.

Shareholder Meeting / Postal Ballot-Outcome of EGM
Closure of Trading Window

24 Dec - Trading window closed from Jan 1, 2026; reopens 48 hours after quarter ended Dec 31, 2025 results.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2011

(from bse)

Credit Ratings

Rating update

22 Aug 2025 from crisil

Rating update

1 Jul 2025 from crisil

Rating update

27 Sep 2024 from crisil

Rating update

23 Sep 2024 from care

Rating update

19 Jun 2024 from crisil

Rating update

5 Jun 2024 from crisil

Concalls

Nov 2025

Transcript

Aug 2025

TranscriptPPTRecording

May 2025

TranscriptPPT

May 2025

PPT

Feb 2025

TranscriptRecording

Oct 2024

TranscriptPPTRecording

Aug 2024

TranscriptPPT

May 2024

TranscriptPPT

Dec 2023

PPT

Nov 2023

Transcript

Aug 2023

TranscriptPPT

Jun 2023

TranscriptPPTRecording

Feb 2023

TranscriptPPT

Nov 2022

TranscriptPPT

Sep 2020

PPT

Stock Analysis

Description

Best Agrolife Limited is a prominent Indian agrochemical manufacturer, specializing in technicals, formulations, intermediates, and public health products. The company offers a diverse portfolio including insecticides, herbicides, and fungicides, with a strategic emphasis on in-house developed active ingredients and patented formulations.

Key Growth Triggers

  1. Securing two new patents for novel insecticide-fungicide formulations.
  2. Strong performance of recently launched patented products like "Shot Down™" and "Hustler™".
  3. Strategic focus on branded sales and patented products contributing significantly to revenue.
  4. Management guidance for FY26-27 revenue between ₹1600-1700 Cr with EBITDA margins above 15%, supported by international expansion plans.

Order Book

Currently no data available for Order Book.

Key Red Flags

  1. Year-on-year revenue declines in Q1 and Q2 FY26 attributed to adverse monsoons and a strategic pivot towards inventory optimization.
  2. CRISIL downgrade of long-term bank facilities to 'CRISIL BBB/Stable' in August 2025.
  3. Past concerns noted in historical data include slower sales growth over five years, lower return on equity, and increased working capital days in certain periods.

Key Dates To Watch

  1. December 29, 2025: Extraordinary General Meeting (EGM) held to approve stock split and bonus issue.
  2. January 16, 2026: Record date for the 1:10 stock split and 7:2 bonus share issue.

Corporate Announcements

24th Mar 26
Impact Rating: 3
Best Agrolife Limited's trading window for designated persons will shut from April 1, 2026. It will reopen 48 hours after the company declares its financial results for the quarter and year ended March 31, 2026.
27th Feb 26
Impact Rating: -
No description available.
27th Feb 26
Impact Rating: -
No description available.
13th Feb 26
Impact Rating: 8
For Q3 FY26, Best Agrolife's revenue fell to ₹202.9 Cr from ₹274.1 Cr YoY, primarily due to unseasonal rainfall and low pest incidence disrupting crop cycles. The company posted a net loss of ₹12.7 Cr, an improvement from the prior year's loss. Management highlighted cost optimization efforts and a strategic focus on patented products.
9th Feb 26
Impact Rating: 3
Best Agro Limited has uploaded the audio recording of its earnings conference call for Q3 FY26 on its official website.