BSE: 544000
CITY CROPS AGRO LIMITED
Trades perishable agricultural products. FY26 revenue was Rs. 1,953.94 lakhs, a 65% fall from Rs. 5,591.71 lakhs in FY25. The business operates as a stockist of perishable goods, with stock-in-trade forming the bulk of its working capital. During FY26, the company wrote off its entire opening stock-in-trade of Rs. 1,643.05 lakhs to nil value, citing perishability; this stock was uninsured and was the main driver of a Rs. 393.21 lakhs net loss, reversing a Rs. 247.69 lakh profit in FY25. H1 FY26 revenue from operations was Rs. 320.32 lakhs, down roughly 85% year-on-year. Cash on hand slipped to Rs. 5.93 lakhs at H1 FY26-end and operating cash flow turned negative. The company's GST registration is inactive with returns unfiled, and statutory auditors flagged unpaid income-tax dues from FY23 onwards. Reported FY26 cost mix is materials 0%, employees 0.3% and other operating costs 0.6% of revenue, against total assets of Rs. 34.9628 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Trading in perishable agricultural products. Small, distressed trading company dealing in perishable agricultural goods
Exhibit 1: Financial summary, FY24–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 45 | 56 | 20 |
| EBITDA (ex other income) | — | 3 | — |
| margin % | — | 4.6 | — |
| Owners' profit | — | 2 | — |
| EPS, as reported (₹) | 1.73 | 1.52 | 2.41 |
| ROE % · ROCE % | — · 8.8 | 7.8 · 8.1 | — · (14.1) |
| Debt / equity (x) | — | 0.00 | — |
| Cash from operations | (12) | 9 | (0) |
| Capex | — | 0 | (0) |
Exhibit 2: Quarterly performance, last 6 quarters
| ₹ crore | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 18 | 27 | 22 | 34 | 3 | 16 |
| Profit before tax | 1 | 2 | 1 | 1 | (6) | 2 |
| Net profit | — | — | — | 1 | — | — |
| EPS (₹) | 0.90 | 0.84 | 0.77 | 0.76 | 3.59 | 1.18 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| LT FOODS LIMITED | 13,579 | 21.2 | 3.00 | 11.6 | 13.8 | 16.0 | 18.7 | 11.5 |
| KRBL LIMITED | 8,108 | 10.7 | 1.40 | 8.4 | 11.2 | 14.7 | 8.8 | 24.9 |
| GUJARAT AMBUJA EXPORTS LT | 6,628 | 15.9 | 2.01 | 12.4 | 9.2 | 11.7 | 4.0 | 17.0 |
| KAVERI SEED CO. LTD. | 3,503 | 14.2 | 2.00 | 9.4 | 16.9 | 17.0 | 6.1 | 40.1 |
| TRUALT BIOENERGY LIMITED | 3,301 | 23.5 | 2.09 | 12.9 | 6.1 | 4.8 | — | 23.5 |
| INDRAYANI BIOTECH LTD. | 2,984 | 22.4 | 29.23 | 218.8 | 1.9 | 0.2 | 45.6 | 8.2 |
| AMIR CHAND JAG KUM (E) L | 2,249 | 21.5 | 2.43 | 13.1 | 11.2 | 14.8 | — | 9.5 |
| GRM OVERSEAS LIMITED | 1,823 | 13.9 | 3.01 | 17.1 | 12.3 | 16.5 | 17.2 | 8.4 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 10.0 | 12.3 | 20 of 53 | 64% |
| ROCE | (14.2) | 4.1 | 63 of 67 | 6% |
| Revenue growth | (40.1) | 10.3 | 39 of 51 | 24% |
| Market cap | 103 | 66 | 31 of 69 | 56% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 27 Oct 2026 · Board to approve September 2026 half-year results | results | low | — | — |
| 16 Oct 2026 · Quarterly compliance certificate submission to BSE | compliance | minimal | — | — |
| 5 Oct 2026 · AGM Results: All 4 Resolutions Passed with 100 Percent Approval | board shareholder meetings | low | — | — |
| 5 Oct 2026 · Scrutinizer Report: All 4 AGM Resolutions Passed Unanimously | compliance | minimal | — | — |
| 30 Sept 2026 · 13th AGM held; 4 resolutions passed including 2 director appointments | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Trading Window Closed for Insiders Until Half-Year Results | compliance | minimal | — | — |
| 10 Sept 2026 · Newspaper publication of 13th AGM notice, book closure and e-voting details | compliance | minimal | — | — |
| 8 Sept 2026 · Book Closure for 13th AGM - Sept 23 to 30, 2026 | board shareholder meetings | minimal | — | — |
| 8 Sept 2026 · 13th Annual Report for FY 2025-26 with AGM notice | board shareholder meetings | medium | — | — |
| 8 Sept 2026 · City Crops Agro 13th AGM on Sep 30, 2026; annual report submitted | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.