NARMADANSENarmada Agrobase LimitedHighNeutral
Announced Fri, 29 May · 19:43 IST

Narmada Agrobase Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue Growth 20pctPat NegativeEbitda Margin CompressionNegative Operating CashflowResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-4.3%1-day move
₹37.60
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After-mkt
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AI summary

Narmada Agrobase Limited reported total revenue of Rs 7,966.75 lakhs for FY26, up ~19.4% from Rs 6,633.91 lakhs in FY25, driven by higher revenue from operations (Rs 7,839.36 vs Rs 6,567.66 lakhs). However, profit after tax declined 5.6% to Rs 385.73 lakhs from Rs 408.79 lakhs, as raw material costs surged ~27% (Rs 6,897.30 vs Rs 5,437.46 lakhs) outpacing revenue growth. Basic EPS stood at Rs 1.02 per share. The Board also approved a 1:2 stock split — reducing face value from Rs 10 to Rs 5 per share — to improve liquidity and broaden the investor base. Statutory auditors Jain Kedia & Sharma issued an unmodified opinion. A sum of Rs 770 lakhs from the rights issue proceeds remains unutilized and held in fixed deposits. No default was reported on loans or debt securities.

Likely market impact

Revenue grew ~20% but margins compressed due to sharply higher input costs, causing PAT to fall ~5.6%. The stock split may attract more retail participation. Investors should monitor raw material cost trends as profitability remains under pressure.