NARMADA

Narmada Agrobase Ltd.

NSE: NARMADA

BSE: 543643

Sector: Fast Moving Consumer Goods

Industry Group: Food Products

Industry: Animal Feed

34.53-1.1 (-2.95%)

8 Jul, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

40.7 / 100

Value Score

50.5 / 100

Price Momentum Score

88.4 / 100

QVM Score

67.6 / 100

Key Metrics

Market Cap

130.99

P/E (TTM)

33.96

P/B

2.21

P/S (TTM)

1.67

EV/EBITDA

26.27

CAPE (5Y)

45.17

ROE (TTM)

6.70

ROCE (TTM)

7.05

ROA (TTM)

5.56

Avg 3Y ROE

8.05

Earnings 3Y CAGR

40.89

Sales 3Y CAGR

16.15

Sales 5Y CAGR

6.12

Debt/Equity

0.17

Consensus TP

Strong Buy %

Promoter Holding

50.30

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Narmada Agrobase Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 88.4 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

88.4 / 100

Moderate revenue growth and above median growth of industry

The company delivered moderate revenue growth of 19.36% for 12-month ended 31 Mar 2026 and the growth was 5.15 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 14.21

Value 19.36

1.8859.02

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.17 as on 31 Mar 2026 and Debt to Equity remained same in the last 1 year

What is Debt to Equity?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 33.96 indicates that the stock is expensive on a standalone basis and is at a 69.29% premium to industry median P/E

What is P/E Ratio?

Median: 20.06

Value 33.96

6.8333.96

Low and declining ROE

The company reported low ROE of 6.7% for 12-month ended 31 Mar 2026 and ROE declined by -453 bps from 1 year ago

What is ROE (FY)?

Low and declining operating margin

The company reported low operating margin of 6.06% for 12-month ended 31 Mar 2026 and operating margin declined by -205 bps from 1 year ago

What is Operating profit margin?

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -34.62% for 12-month ended 31 Mar 2026 and the growth was 48.0 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Company's earnings are of moderate quality

Earnings quality score of 35.6 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

35.6 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Narmada Agrobase Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Narmada Agrobase Ltd. Shareholding Pattern

Quarterly breakdown of Narmada Agrobase Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Total Promoter	68.91	68.91	68.91	68.91	68.91	68.91	68.91	68.70	67.69	67.05	66.47	66.47	66.47	66.47	66.47	63.94	63.57	57.66	57.66	49.11	49.11	50.30	50.30	50.30	50.30
Indian Promoter	68.91	68.91	68.91	68.91	68.91	68.91	68.91	68.70	67.69	67.05	66.47	66.47	66.47	66.47	66.47	63.94	63.57	57.66	57.66	49.11	49.11	50.30	50.30	50.30	50.30
Foreign Promoter	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.91	8.96	8.96	8.96	8.99	9.50
Mutual Funds / UTI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.03	0.54
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.91	8.96	8.96	8.96	8.96	8.96
Non-Institution	31.09	31.09	31.08	31.09	31.09	31.10	31.09	31.31	32.32	32.95	33.53	33.53	33.53	33.53	33.53	36.06	36.43	42.34	42.34	42.98	41.93	40.74	40.74	40.71	40.20
Bodies Corporate	13.39	13.18	13.50	13.82	14.30	14.35	14.67	14.88	13.98	13.71	14.24	13.62	13.18	12.13	10.85	12.06	12.18	12.02	8.72	5.06	4.50	5.73	7.97	7.88	8.71
Others (incl. Retail) No. of shareholders	17.70 180	17.91 175	17.58 172	17.27 169	16.79 164	16.75 165	16.42 157	16.43 156	18.34 149	19.24 142	19.29 143	19.91 862	20.35 1,854	21.40 2,648	22.68 3,442	24.00 4,579	24.25 6,981	30.32 7,062	33.62 9,444	37.92 11,947	37.43 11,797	35.01 11,473	32.77 11,243	32.83 10,816	31.49 10,075

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Narmada Agrobase Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
MONIKA N AGRAWAL Promoter Group	June-2025	Market Purchase (Acquisition) 30th Jun 2025	2.29 %	₹ 19.66	1.02 lac	₹ 20.15 lac
NAMAN NEERAJ AGARWAL Promoter Group	June-2025	Market Purchase (Acquisition) 30th Jun 2025	0.00 %	₹ 19.70	75.00 k	₹ 14.78 lac
MONIKA N AGRAWAL Promoter Group	June-2025	Market Purchase (Acquisition) 26th Jun 2025	2.23 %	₹ 19.00	22.50 k	₹ 4.28 lac
MONIKA N AGRAWAL Promoter Group	June-2025	Market Purchase (Acquisition) 25th Jun 2025	1.57 %	₹ 18.08	2.50 lac	₹ 45.21 lac
SURESH CHANDRA GUPTA Promoter Group	June-2024	Market Sale (Disposal) 19th Jun 2024	13.77 %	₹ 21.00	1.00 lac	₹ 21.00 lac
ANJANA DEVI Promoter Group	June-2024	Market Sale (Disposal) 19th Jun 2024	2.69 %	₹ 20.93	3.00 lac	₹ 62.80 lac
SURESH CHANDRA GUPTA Promoter Group	June-2024	Market Sale (Disposal) 13th Jun 2024	14.33 %	₹ 20.00	75.00 k	₹ 15.00 lac
ANJANA DEVI Promoter Group	June-2024	Market Sale (Disposal) 13th Jun 2024	5.09 %	₹ 19.96	3.25 lac	₹ 64.86 lac
ABHISHEK S AGARWAL Promoter Group	December-2023	Market Sale (Disposal) 29th Dec 2023	6.33 %	₹ 20.60	8.00 k	₹ 1.65 lac
ANJANA DEVI Promoter Group	December-2023	Market Sale (Disposal) 29th Dec 2023	5.38 %	₹ 20.90	40.00 k	₹ 8.36 lac

Corporate Actions

History of Narmada Agrobase Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Rights Issue(9 new shares @ ₹15 for 5 existing shares)
Ex-date: 13th Sep 2024Announced on: 10th Sep 2024
"Rights ISIN INE117Z20011 CINS Y6207B122 SEDOL BN2C2Q4."
Bonus8 new shares for 10 existing shares
Ex-date: 25th Feb 2020Announced on: 10th Jan 2020
Dividend₹ 0.10/share
Record date: 19th Sep 2019Ex-date: 18th Sep 2019
Announced on: 30th May 2019

Company Profile

Overview of Narmada Agrobase Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Narmada Agrobase Limited is an India-based company, which is engaged in manufacturing and processing of cotton seed meal cake, cattle feeds and soya bean meal. The products manufactured by the Company are used for feeding of cattle. The by-products of its products are used in the textile industry, c...

Key personnel

Mrs. Nidhi Jain

Company Secretary, Compliance Officer

Mr. Neerajkumar Sureshchandra AgrawalD

Chief Financial Officer, Managing Director, Executive Chairman of the Board

Mr. Suresh Chandra Kalyanmal GuptaD

Whole Time Director

Mrs. Pooja AidasaniD

Non-Executive Independent Director

Mrs. Shweta Vivek NathwanD

Additional Non-Executive Independent Director

Mr. Ganesh Bhavarlal PrajapatiD

Non-Executive Independent Director

Mr. Deepak SoniD

Additional Non-Executive Independent Director

Incorporated on

29 Jan 2013

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

19 Apr 2018

Free Float

1,37,98,532

Website

https://www.narmadaagrobase.com/

Phone no.

+912762265165

Address

401, Silicon Tower, Above Freezeland Restaurant, Law Garden Navrangpura, AHMEDABAD, 390009, India

Frequently Asked Questions

What is the current share price of Narmada Agrobase Ltd.?

The current share price of Narmada Agrobase Ltd. is ₹ 34.53 as of 8 Jul 2026.

What is the market capitalisation of Narmada Agrobase Ltd.?

The market capitalisation of Narmada Agrobase Ltd. stands at ₹ 130.99 Cr.

What is the PE ratio of Narmada Agrobase Ltd.?

The Price-to-Earnings (PE) ratio of Narmada Agrobase Ltd. is 33.96 as of the latest trailing twelve months data.

What is the ROE and ROCE of Narmada Agrobase Ltd.?

Narmada Agrobase Ltd. has a Return on Equity (ROE) of 6.70% and a Return on Capital Employed (ROCE) of 7.05% as per the latest financial reports.

What is the 52-week high and low of Narmada Agrobase Ltd.?

The 52-week high of Narmada Agrobase Ltd. is - and the 52-week low is -.

What is the dividend yield of Narmada Agrobase Ltd.?

The dividend yield of Narmada Agrobase Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Narmada Agrobase Ltd.?

Foreign Institutional Investors (FII) hold 0.54%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 31.49% of Narmada Agrobase Ltd. shares.

What sector does Narmada Agrobase Ltd. belong to?

Narmada Agrobase Ltd. operates in the Fast Moving Consumer Goods sector.

What is the beta of Narmada Agrobase Ltd.?

The beta of Narmada Agrobase Ltd. is 0.97, indicating its price volatility relative to the broader market. Over the past 1 year, Narmada Agrobase Ltd. has delivered an absolute return of 92.80%.

What is the RSI of Narmada Agrobase Ltd.?

The 14-day Relative Strength Index (RSI) of Narmada Agrobase Ltd. is 42.91, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Narmada Agrobase Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Narmada Agrobase Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Corporate Actions