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Narmada Agrobase Limited

Narmada Agrobase Limited

NSE: NARMADA
Agricultural InputsBasic MaterialsSMALL CAPMCap ₹86.2 Cr
₹11.36₹-0.08 (-0.70%)

Market Closed • NSE

Market cap₹86.2 Cr
Enterprise value₹96.4 Cr
P/E TTM24.17
P/B1.45
EPS TTM₹0.47
D/E0.17
Dividend yield0.00%
52W high₹22.59
52W low₹9.95
Price chart(1Y)
1Y Return:-35.66% (₹6.30)
H: ₹22.495L: ₹10.5
1W+4.60%
1M-18.04%
3M-41.37%
6M-34.41%
1Y-4.70%
Today at a glance

Day range

₹11.02₹11.60

52 week range

₹9.95₹22.59
Volume212.1K0.43x 20D avg
Free float50.00%-56.90% volume

Narmada Agrobase Limited closed at INR11.36 (-0.7%) on volume 0.43x its 20-day average, trading 49.7% below its 52-week high.

Technical analysis
RSI (14)35.6Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹0.80High
SMA 20₹12.29BEARISH
SMA 50₹13.39BEARISH
SMA 100₹15.80BEARISH
SMA 200₹15.91BEARISH
CPR bottom₹11.73
Pivot₹11.64
CPR top₹11.54
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved -21.2% QoQ

2026-07-31

DIVIDEND Announced

Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share

2024-09-13

RIGHTS Announced

Rights 9:5 @ Premium Rs 5/-

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹10.1 Cr₹86.2 Cr11.72%≤ 33%PASS
Non-halal income ratio₹1.2 Cr₹78.4 Cr1.56%≤ 5%PASS
Illiquid assets ratio₹72.1 Cr₹72.3 Cr99.75%≥ 20%PASS
Receivables ratio–₹72.3 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E24.1721.90
Forward P/E——
P/B1.452.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield4.104.60
Growth & profitability
RevenuePAT
FY23PAT margin 1.30%
FY24PAT margin 2.00%
FY25PAT margin 6.20%
FY26PAT margin 4.90%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+16.20%
Revenue CAGR 5Y—
PAT CAGR 3Y+80.80%
PAT CAGR 5Y—
Operating margin4.01%
Net margin4.01%
Financial health & cash flow
Net debt₹9.9 CrModerate
Interest coverage6.00xEBIT / interest
CFO / PAT-1.82x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹-129.8 Lakh
Capital expenditure–
Free cash flow₹-144.6 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall68/100
Valuation60/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.17x

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Agricultural Inputs.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
31 Jul 2026Dividend₹10.00 / share—31 Jul 2026
16 Sept 2024Rights issueRights 9:5 @ Premium Rs 5/-—13 Sept 2024
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)55.00%+13.33% latest vs average
Highest delivery78.09%on 21 Sept
Average volume (20D)492.7KTrading-session average
Conviction trendStrengthening+13.33% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Narmada Agrobase Limited
Narmada Agrobase Limited

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, 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. The company offers its products under the Churma, and Gaay Chhaap Narmada Pashu Aahar brands. It also exports its products. The company was incorporated in 2013 and is based in Ahmedabad, India.

IndiaBasic Materials

Questions investors ask
Is Narmada Agrobase Limited Shariah compliant?

Narmada Agrobase Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (11.72%) complies with AAOIFI threshold (≤ 33%).

What is Narmada Agrobase Limited's current valuation relative to peers?

Narmada Agrobase Limited trades at a P/E of 24.2x compared to the sector median of 21.9x, and a Price-to-Book of 1.5x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.17x. Interest coverage is 6x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.