May 27, 2022 10:30 AM
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KN Agri Resources Ltd., is an agro-based company that produces and trades agricultural commodities, such as soy value added products, edible oils, and animal feed ingredients. Established in 1987, it is currently ranked among the top five soybean processors in the country. As of FY 20-21, it disclosed a net income of Rs 26.18 crore. KN Agri Resources has a market cap of Rs 482 crore. The shares of the company are traded under the script code KNAGRI on the National Stock Exchange (NSE).
KN Agri Resources trades agricultural commodities and is also in the business of extraction and refining oils. The company offers its products to agri-commodities export houses, dealers, and trade houses. It also supplies its products to the FMCG sector clients such as Ruchi Soya, Adani Wilmar, Bunge India, and Cargill India. The company has three manufacturing plants in Madhya Pradesh.
KN Agri Resources’ PE ratio is 18.41 and is much better than the sector PE of 43.11. The PB ratio of the company, which stands at 3.04, is also better than the PB of the sector, which is 8.85. In FY 20-21, KN Agri reported a revenue of Rs 1301.19 crore. The balance sheet of the company for FY21 disclosed total assets worth 192.54 crore and total liabilities worth Rs 33.38 crore. The free cash flow for the same FY was Rs -4.05 crore. In FY21, the Earnings Per Share (EPS) of KN Agri Resources was Rs 28.41.
In the context of the shareholding pattern, promoters own 73.66% of the company shares, while foreign institutions own 5.81%. The remaining shares are held by retail investors (16.48%) and other domestic institutions (4.06%). Mutual funds do not own any shares in this company.
On 20 May, 2022, the KN Agri Resources share’s opening price was Rs 193, and the closing price for the same day was Rs 192.85. The KN Agri share prices made a major movement on the price chart, marking the 52-week high and low at Rs 261 and Rs 131.80, respectively. If you are considering adding this stock to your portfolio, keep in mind that it is 6.06 times as volatile as the Nifty and is a high-risk investment. The KN Agri Resources share prices are competing with Godrej Agrovet Ltd., AVT Natural Products Ltd., KSE Ltd., and Gujarat Ambuja Exports Ltd.
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|Face Value Equity Shares||:||10|
|Market Lot Equity Shares||:||1600|
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