BSE: 524628
PARKER AGROCHEM EXPORTS LTD.
Lets out storage tanks (tank farm business) from a base in Kutch, Gujarat, and previously traded in commodities such as bullion and palm oils. The commodity trading segment was discontinued during FY26, with the Q3 FY26 disclosure stating the company has stopped its commodity trading segment entirely. Tank rental income of Rs. 1.3587 crore was recorded in FY26, while trading activity contributed Rs. 0. Quarterly tank rental has trended upward, rising from Rs. 0.9864 crore in Q1 FY26 to Rs. 1.4637 crore in Q3 FY26 (compared to Rs. 0.7971 crore in Q3 FY25). The cost structure carries no material cost component; other operating expenses account for 58.8% of revenue and employee costs 16.7%, with depreciation at 3.7%. FY26 net profit came in at Rs. 0.8612 crore on total assets of Rs. 5.78 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Tank rental / storage, Commodity trading. Small-cap services and trading firm, asset-light opex-heavy
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 8 | 4 | 5 | 66 | 5 |
| EBITDA (ex other income) | (1) | 1 | 1 | 0 | 1 |
| margin % | (7.2) | 17.2 | 22.5 | 0.1 | 24.4 |
| Owners' profit | (1) | 1 | 1 | (0) | 1 |
| EPS, as reported (₹) | (1.89) | 1.37 | 2.23 | (0.42) | 1.80 |
| ROE % · ROCE % | (38.2) · (33.5) | 21.6 · 21.9 | 26.1 · 24.2 | (5.2) · (1.7) | 18.2 · 22.8 |
| Debt / equity (x) | 0.05 | 0.19 | 0.21 | 0.27 | 0.06 |
| Cash from operations | 0 | (1) | 1 | 0 | 1 |
| Capex | 0 | 0 | (1) | (0) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1 | 53 | 11 | 1 | 2 | 1 | 1 |
| Profit before tax | (1) | 0 | (0) | 0 | (0) | 0 | 0 | 0 |
| Net profit | (1) | 0 | 0 | 0 | (0) | 0 | 0 | 0 |
| EPS (₹) | (1.32) | 0.47 | 0.12 | 0.31 | (0.09) | 0.98 | 0.22 | 0.69 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Rental income from Tank | 3 | 53.4 |
| Unallocated | 0 | 0.9 |
| Rental Income from Tank | 2 | 45.6 |
| Total, before eliminations | 5 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| REDINGTON LIMITED | 30,351 | 17.8 | 2.91 | 14.1 | 12.3 | 15.7 | 15.9 | 2.2 |
| MMTC LIMITED | 8,166 | 18.3 | 3.85 | 17.4 | 18.3 | 21.6 | (83.7) | 18426.5 |
| MSTC LIMITED | 4,696 | 20.0 | 5.20 | 13.9 | 24.2 | 31.8 | (13.9) | 86.5 |
| CREATIVE NEWTECH LIMITED | 1,593 | 24.5 | 4.11 | 18.4 | 18.1 | 21.0 | — | 5.2 |
| Pervasive Commodities Limited | 1,178 | — | 13.10 | — | (0.0) | (0.0) | — | 45.0 |
| The Yamuna Syndicate Ltd | 755 | 8.3 | 0.59 | 190.1 | 4.0 | 0.3 | 4.8 | 6.2 |
| SHIV AUM STEELS LIMITED | 748 | 65.8 | 6.19 | 47.7 | 6.0 | 6.9 | — | 4.9 |
| SHANKARA BUILDPRO LIMITED | 609 | 4.6 | 1.12 | 2.7 | 23.4 | 31.8 | — | 3.3 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 10.8 | 15.8 | 53 of 130 | 60% |
| P/B | 2.0 | 1.0 | 98 of 150 | 35% |
| ROCE | 21.4 | 2.1 | 13 of 177 | 93% |
| ROE | 18.2 | 2.3 | 14 of 158 | 92% |
| Debt / Equity | 0.1 | 0.1 | 76 of 154 | 51% |
| EBITDA margin | 31.9 | 4.5 | 20 of 137 | 86% |
| Revenue growth | (88.0) | (8.6) | 117 of 135 | 13% |
| Profit growth | 126.9 | 0.6 | 39 of 157 | 76% |
| Market cap | 9 | 22 | 138 of 180 | 24% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 5 Oct 2026 · Routine compliance filing on share dematerialization for Q2 FY27 | compliance | minimal | — | — |
| 30 Sept 2026 · Trading Window Closure for Q2 FY27 Results | compliance | minimal | — | — |
| 30 Sept 2026 · 33rd AGM Proceedings - All Resolutions Passed | board shareholder meetings | low | — | — |
| 30 Sept 2026 · 33rd AGM outcome: 3 resolutions approved including related party transaction | results | medium | — | — |
| 28 Sept 2026 · Promoter buys 20,370 shares via open market | ownership changes | high | — | — |
| 1 Sept 2026 · Parker Agrochem files FY26 Annual Report, AGM set for 30 Sept | compliance | low | — | — |
| 1 Sept 2026 · AGM on Sep 30, 2026; book closure Sep 23-30 | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Notice of 33rd AGM on 30 Sept 2026 | board shareholder meetings | low | — | — |
| 24 Aug 2026 · Promoter Mukesh Acharya buys 29,855 shares of Parker Agrochem | ownership changes | high | — | — |
| 13 Aug 2026 · Q1 FY27 results: revenue up 68% YoY, swings to Rs 26.18 lakh profit | 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.