BSE: 524204
TEESTA AGRO INDUSTRIES LTD.
Manufactures fertilizers at three plants located in Siliguri (West Bengal), Mohali (Punjab), and Chittorgarh (Rajasthan), with a registered office in Jalpaiguri, West Bengal and corporate office in Kolkata. FY26 revenue from operations grew 20.5% to Rs 226.25 crore, with profit after tax of Rs 8.23 crore and an EBITDA margin of 7.25%. Q1 FY27 (ended 30 June 2026) revenue stood at Rs 38.96 crore and net profit at Rs 1.02 crore, with EPS of Rs 1.83. The cost structure is dominated by materials at 73% of revenue, with employee costs at 4.7%, other operating expenses at 15.6%, and depreciation at 1.5% of revenue. The company is listed on BSE under scrip code 524204, with promoter family holdings (Hardev Singh, Joginder Kaur, Paramdeep Singh, Inderdeep Singh) totaling approximately 44.36% of share capital. No dividend was declared in the most recent reporting; the board proposed a final dividend of Rs 2.50 per share subject to shareholder approval. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Revenue from operations (100%). Small-cap fertilizer manufacturer with multi-location manufacturing and materials-intensive cost structure
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 181 | 286 | 163 | 188 | 226 |
| EBITDA (ex other income) | 11 | 13 | 7 | 13 | 16 |
| margin % | 6.3 | 4.5 | 4.3 | 6.7 | 7.2 |
| Owners' profit | 7 | 7 | 4 | 7 | 8 |
| EPS, as reported (₹) | 12.51 | 13.19 | 6.49 | 12.20 | 14.79 |
| ROE % · ROCE % | 6.9 · 9.6 | 6.8 · 9.5 | 3.3 · 5.1 | 5.8 · 8.3 | 6.5 · 9.6 |
| Debt / equity (x) | 0.09 | 0.24 | 0.12 | 0.18 | 0.21 |
| Cash from operations | (18) | 4 | 6 | 10 | 2 |
| Capex | (2) | (16) | (6) | (2) | (11) |
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 | 30 | 53 | 65 | 39 | 37 | 67 | 90 | 33 |
| Profit before tax | 1 | 1 | 2 | 5 | 1 | 2 | 4 | 5 |
| Net profit | 0 | 1 | 2 | 4 | 1 | 1 | 3 | 3 |
| EPS (₹) | 0.87 | 1.28 | 3.00 | 2.98 | 1.68 | 2.19 | 5.30 | 5.60 |
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. % |
|---|---|---|---|---|---|---|---|---|
| COROMANDEL INTERNTL. LTD | 50,253 | 27.4 | 3.83 | 14.5 | 14.5 | 18.6 | 17.2 | 9.9 |
| FACT LTD | 43,930 | 1578.8 | 31.95 | 135.4 | 1.8 | 1.8 | — | (0.2) |
| CHAMBAL FERTILIZERS LTD | 14,451 | 7.5 | 1.39 | 5.4 | 18.8 | 20.7 | 10.3 | 17.5 |
| PARADEEP PHOSPHATES LTD | 14,327 | 13.4 | 2.11 | 9.2 | 14.7 | 16.5 | — | 12.5 |
| MADHYA BHARAT AGRO P. LTD | 7,399 | 11.5 | 13.46 | — | 27.3 | 16.6 | — | 17.1 |
| KRISHANA PHOSCHEM LIMITED | 6,708 | 8.4 | 11.96 | — | 32.1 | 30.2 | — | 17.9 |
| GUJ STATE FERT & CHEM LTD | 5,459 | 7.9 | 0.44 | 5.0 | 5.5 | 6.5 | 7.5 | 7.4 |
| RASHTRIYA CHEMICALS & FER | 5,327 | 11.9 | 1.04 | 7.8 | 8.3 | 8.2 | 17.4 | 7.1 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.2 | 10.7 | 5 of 20 | 79% |
| P/B | 0.5 | 0.9 | 5 of 23 | 82% |
| ROCE | 8.8 | 8.8 | 12 of 23 | 50% |
| ROE | 6.5 | 8.3 | 14 of 23 | 41% |
| Debt / Equity | 0.2 | 0.3 | 8 of 23 | 68% |
| EBITDA margin | 20.2 | 8.0 | 1 of 21 | 100% |
| Revenue growth | (17.2) | 16.3 | 18 of 21 | 15% |
| Profit growth | (15.6) | 6.4 | 18 of 23 | 23% |
| Market cap | 59 | 805 | 18 of 23 | 23% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 16 Oct 2026 · Board meeting on Oct 31 to consider Q2 FY27 results | compliance | minimal | — | — |
| 12 Oct 2026 · No deviation statement filing required for Q2 FY27 under SEBI LODR | compliance | minimal | — | — |
| 12 Oct 2026 · Board Meeting on 31 Oct 2026 to Consider Q2 FY27 Results | results | low | — | — |
| 12 Oct 2026 · Reg 74(5) Demat Compliance Certificate for Q2 FY27 | compliance | minimal | — | — |
| 28 Sept 2026 · Trading window closes from Oct 1, 2026 ahead of Q2 results | compliance | minimal | — | — |
| 28 Aug 2026 · All 8 resolutions passed at Teesta Agro 40th AGM | board shareholder meetings | low | — | — |
| 28 Aug 2026 · 40th AGM held on Aug 28 2026 - all 8 resolutions transacted | board shareholder meetings | medium | — | — |
| 11 Aug 2026 · Book Closure Notice for AGM on 28 August 2026 | compliance | minimal | — | — |
| 10 Aug 2026 · Newspaper publication of 40th AGM notice | compliance | minimal | — | — |
| 5 Aug 2026 · Newspaper publication of Q1 FY27 unaudited financial results | compliance | minimal | — | — |
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.