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Best Agrolife Ltd share Price Today

Company details

615.05
633.95
606.55
1,214.40
6M Return 0.00%
1Y Return -40.58%
Mkt Cap.(Cr) 1,472.85
Volume 14,682
Div Yield 0.48%
OI
-
OI Chg %
-
Volume 14,682

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Agrochemicals company Best Agrolife announced Q2FY24 & H1FY24 results:

  • Q2FY24:
    • Revenue from operations for Q2FY24 stood at Rs 811 crore which grew by 32% QoQ and 16% on a YoY basis compared to Rs 612 crore in Q1FY24 and Rs 700 crore in Q2FY23. 
    • EBITDA for Q2FY24 came at Rs 144 crore up 11% QoQ and de-grew 21% YoY compared to Rs 130 crore in Q1FY24 and Rs 183 crore in Q2FY23. The improvement in EBITDA for the quarter was due to a better product mix.
    • EBITDA margin for Q2FY24 came at 18% as compared to 21% in Q1FY24 and 26% in Q2FY23, down 300 bps QoQ and down 800 bps YoY.
    • PAT for Q2FY24 was at Rs 95 crore, up 5% QoQ and down 27% YoY compared to Rs 91 crore in Q1FY24 and Rs 130 crore in Q2FY23.
    • PAT margin for Q2FY24 came at 12% as compared to 15% in Q1FY24 and 19% in Q2FY23, down 300 bps QoQ and down 700 bps YoY.
  • H1FY24:
    • Revenue from operations for H1FY24 stood at Rs 1,423 crore which grew by 22% on a YoY basis compared to Rs 1,164 crore in H1FY23.
    • EBITDA for H1FY24 came at Rs 274 crore up 10% YoY compared to Rs 248 crore in H1FY23. The improvement in EBITDA was driven by a better product mix during H1FY24.
    • EBITDA margin for H1FY24 was at 19% as compared to 21% in H1FY23, down 200 bps YoY.
    • PAT for H1FY24 came at Rs 185 crore up 9% YoY compared to Rs 170 crore in H1FY23
    • PAT margin for H1FY24 was at 13% as compared to 15% in H1FY23, down 200 bps YoY.

 

 

Result PDF

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Best Agrolife Ltd shares SWOT Analysis

Strengths (8)

  • Strong Annual EPS Growth
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Weakness (5)

  • MACD Crossover Below Signal Line
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)

Opportunity (1)

  • Stock with Low PE (PE < = 10)

Threats (2)

  • Companies with growing costs YoY for long term projects
  • Increasing Trend in Non-Core Income

Resistance and support

R1 630.4
R2 637.1
R3 641.2
Pivot

626.28

S1 619.6
S2 615.5
S3 608.8
EMA SMA
619.6
629.0
705.8
831.4
613.6
588.6
704.7
906.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
VIMAL KUMAR Bulk Purchase 2022-11-15 1609.25 147481 NSE
RAVI CROP SCIENCE Bulk Purchase 2022-10-21 1518.91 200000 NSE
CHETAN RASIKLAL SHAH Bulk Purchase 2022-10-21 1458.22 143160 BSE
Name Category Shares
VANDANA ALAWADHI PROMOTER 27.04%
VIMAL KUMAR PROMOTER 20.58%
KAMAL KUMAR PROMOTER 1.56%
KAMAL KUMAR (HUF) PROMOTER 0.93%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Best Agrolife Ltd Stocks COMPARISON

Financials( in Cr) Best Agrolife Ltd Adani Enterprises Ltd Aegis Logistics Ltd Cello World Ltd Redington Ltd
Price 622.90 3,081.90 600.60 940.35 223.95
% Change 0.18 1.26 -0.65 -1.01 1.56
Mcap Cr 1,472.85 351,336.91 21,081.06 19,957.14 17,507.83
Revenue TTM Cr 1,745.68 69,420.18 8,627.21 1,796.70 79,376.78
Net Profit TTM Cr 192.15 475.37 510.70 285.07 1,439.39
PE TTM 8.66 91.65 41.25 75.95 14.32
1 Year Return -40.58 71.03 47.26 18.78 32.08
ROCE 34.62 6.57 17.08 45.20 25.43
ROE 45.65 2.41 17.88 134.44 22.65
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 527.34 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,463.02 -9,686.18
LAST 3M 80,117.99 24,951.10
LAST 6M 139,103.06 73,773.67
LAST 12M 214,781.93 191,401.70

Best Agrolife Ltd Information

Stock PE (TTM)
8.66
Promoter Holding
50.1%
Book Value
293.0625
ROCE
34.62%
ROE
45.65%
Description
  • Best Agrolife Limited (formerly known as Sahyog Multibase Limited) was incorporated as a Public Limited Company on 10 January 1992. The Company is a leading agrochemicals manufacturer and is among the top 15 agrochemicals companies. It is one of the fastest growing manufacturers of Technical, Formulations, Intermediates and Public Health products. The Company is recognized for its niche product category which promotes sustainable agriculture by delivering high quality, modern, innovative and cost-effective crop protection solutions to farmers across the globe. Presently, the Company is engaged in the business of trading of agro-based products. It offers more than 70 Formulations in the form of Insecticides, Herbicides, Fungicides and Plant Growth Regulators (PGRs), which are developed from active ingredients manufactured in-house. As part of its P2P set-up, it caters to several blue-chip corporates and leading MNCs from India and abroad. It has an R&D Center at Greater Noida unit for development of new Formulation molecules and has a fully operational pilot plant as well. The Company has three ISO-certified state-of-the-art manufacturing facilities in Gajraula, Greater Noida and Jammu & Kashmir. It has NABL accredited R&D labs which are supported by pilot plants. These facilities help the Company in developing and delivering high-quality, cost-effective crop care solutions. Honorable National Company Law Tribunal (NCLT) via its Order dated 5 May 2020 approved the Scheme of Amalgamation of Best Agrochem Private Limited with the Company with effect from 01st April 2018 and Best Agrochem Private Limited was amalgamated into the Company accordingly. In FY 2020, the Company had launched DIRON, (DINOTEFURAN 20% SG). It also launched another Blasticide for Paddy, based on new chemistry and innovation - Pyraclostrobin 100 g/l CS with the brand name of `Param`. The Company has 2 subsidiaries as on March 31, 2022. The commercial production in the Greater Noida unit commenced in FY 2022. Through robust R&D and IP efforts, this unit was granted a patent for manufacturing RONFEN, a unique 3-way insecticidal combination set to revolutionize the agrochemicals space. During the year 2022, the Company launched Ronfen, a first-of-its-kind proprietary ternary insecticide, and four other new products, namely Axeman, Warden, Reveal, and Tombo. It was granted 2 patents for innovative product viz., "A Synergistic Insecticidal Composition Comprising of Bioactive Amount of Difenthiuron and Pyriproxyfen" and secondly, "A Synergistic Herbicidal Composition Comprising Imidazolinone, Sulfonylurea and Aryloxyphenoxy Propionate Herbicide". Apart from these, the Company received a number of registrations for indigenous manufacturing of technicals like Spiromesifen, Trifloxystrobin, Pyrithiobac Sodium, and Tembotrione.

Registered Address

S-1A Ground Floor Bhagwan Dass, Nagar East Punjabi Bagh, New Delhi, New Delhi, 110026

Email : info:bestagrolife.com
Website : http://www.bestagrolife.com
Registrar

Skyline Financial Services Pvt

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 539660
NSE Code : BESTAGRO
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE052T01013

FAQ’s on Best Agrolife Ltd Shares

You can buy Best Agrolife Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Best Agrolife Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 25, 2024 02:24 PM the closing price of Best Agrolife Ltd was ₹ 622.90.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 25, 2024 02:24 PM, the market cap of Best Agrolife Ltd stood at ₹ 1,472.85.

The latest PE ratio of Best Agrolife Ltd as of Apr 25, 2024 02:24 PM is 8.66

The latest PB ratio of Best Agrolife Ltd as of Apr 25, 2024 02:24 PM is 0.47

The 52-week high of Best Agrolife Ltd share price is ₹ 1,214.40 while the 52-week low is ₹ 606.55

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