BSE: 536493
JK AGRI GENETICS LTD
Produces and markets agricultural seeds in India, with FY26 revenue from operations of Rs 157.59 crore and a loss after tax of Rs 7.17 crore. The company supplies state seed corporations including Rajasthan State Seeds Corporation (RSSC) and exports to markets in Bangladesh, Sudan and Nepal. Exports fell around 30 percent in FY26 on geopolitical issues in those countries. Q1 FY27 revenue of Rs 84.33 crore was 8.3 percent lower year-on-year, with the company citing El Nino as a drag. Materials account for 74.5 percent of revenue and employee costs 16.2 percent. Rs 18.24 crore in trade receivables are overdue from RSSC, with arbitration petitions already dismissed against the company. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Domestic seed sales, Exports. Seasonal, weather-sensitive agricultural inputs business
Exhibit 1: Financial summary, FY25–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 162 | 158 |
| EBITDA (ex other income) | 2 | 2 |
| margin % | 1.5 | 1.0 |
| Owners' profit | (3) | (7) |
| EPS, as reported (₹) | (5.41) | 15.46 |
| ROE % · ROCE % | (2.3) · 3.1 | (7.1) · 4.7 |
| Debt / equity (x) | 0.02 | 0.00 |
| Cash from operations | 3 | (28) |
| Capex | (6) | (1) |
Exhibit 2: Quarterly performance, last 5 quarters
| ₹ crore | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|
| Revenue | 28 | 92 | 19 | 24 | 23 |
| Profit before tax | (1) | 18 | (8) | (7) | (3) |
| Net profit | (1) | 12 | (5) | (5) | (9) |
| EPS (₹) | (2.92) | 26.49 | 10.98 | 11.37 | (19.61) |
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 | 14,064 | 22.0 | 3.11 | 12.0 | 13.8 | 16.0 | 18.7 | 11.5 |
| KRBL LIMITED | 8,814 | 11.6 | 1.52 | 9.1 | 11.2 | 14.7 | 8.8 | 24.9 |
| GUJARAT AMBUJA EXPORTS LT | 7,226 | 17.4 | 2.19 | 13.4 | 9.2 | 11.7 | 4.0 | 17.0 |
| TRUALT BIOENERGY LIMITED | 3,643 | 26.0 | 2.31 | 13.8 | 6.1 | 4.8 | — | 23.5 |
| KAVERI SEED CO. LTD. | 3,485 | 14.1 | 1.99 | 9.4 | 16.9 | 17.0 | 6.1 | 40.1 |
| INDRAYANI BIOTECH LTD. | 3,444 | 25.9 | 33.73 | 251.2 | 1.9 | 0.2 | 45.6 | 8.2 |
| AMIR CHAND JAG KUM (E) L | 2,206 | 21.1 | 2.39 | 12.9 | 11.2 | 14.8 | — | 9.5 |
| SANSTAR LIMITED | 1,948 | 57.9 | — | — | — | — | — | 8.8 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 9.8 | 12.6 | 19 of 53 | 65% |
| P/B | 1.3 | 1.6 | 20 of 51 | 62% |
| ROCE | 0.3 | 4.1 | 49 of 67 | 27% |
| ROE | (7.1) | 3.5 | 42 of 51 | 18% |
| Debt / Equity | 0.0 | 0.4 | 1 of 51 | 88% |
| EBITDA margin | (2.2) | 9.7 | 42 of 45 | 7% |
| Revenue growth | (16.8) | 10.3 | 34 of 51 | 34% |
| Profit growth | (572.4) | 16.6 | 50 of 51 | 2% |
| Market cap | 134 | 68 | 30 of 69 | 57% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Oct 2026 · RTA files quarterly compliance certificate under SEBI Regulation 74(5) | compliance | minimal | — | — |
| 25 Sept 2026 · Trading window closed ahead of Q2 results | compliance | minimal | — | — |
| 3 Sept 2026 · Credit Rating Downgraded from CARE A Minus to CARE BBB Plus; Outlook Revised to Stable | credit debt | high | — | — |
| 3 Sept 2026 · Special Window for Physical Share Transfer and Demat | compliance | minimal | — | — |
| 31 Aug 2026 · Court dismisses JK Agri Genetics insurance claim suit worth Rs 0.43 cr | regulatory legal | medium | — | — |
| 1 Aug 2026 · 26th AGM held on 31 July 2026, all 3 resolutions passed with over 99.9% votes in favour | board shareholder meetings | low | — | — |
| 31 Jul 2026 · JK Agri Genetics holds 26th AGM via video conference on 31 July 2026 | board shareholder meetings | low | — | — |
| 31 Jul 2026 · New Company Secretary appointed at JK Agri Genetics | management changes | medium | — | — |
| 31 Jul 2026 · Company Secretary change at JK Agri Genetics effective August 2026 | management changes | medium | — | — |
| 31 Jul 2026 · JK Agri Genetics Q1 FY27: Revenue Falls 8% to Rs 84.33 Cr, PAT at Rs 10.87 Cr | results | high | — | — |
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.