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Best Agrolife Ltd (BESTAGRO)

₹632.552.92%

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Overview
News
Financials
Q1 2024 Results
Technicals

Best Agrolife Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹615.55
    ₹640.85
  • 52 Week's Low

    52 Week's High

    ₹490.85
    ₹1,214.4
1 Month Return-14.17 %
3 Month Return-1.16 %
1 Year Return-47.58 %
Previous Close₹614.60
Open₹626.00
Volume99.03K
Upper Circuit-
Lower Circuit-
Market Cap₹1,453.21Cr

Key Statistics

P/E Ratio13.68
PEG Ratio-0.38
Market Cap₹1,453.21 Cr
P/B Ratio6.88
EPS81.26

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Quant Small Cap Fund Growth Option Direct PlanQuant Small Cap Fund Growth Option Direct Plan0.15%

Company Information

Best Agrolife Limited, formerly known as Sahyog Multibase Limited, is a leading agrochemicals manufacturer and is one of the top 15 companies in the industry. It has developed more than 70 Formulations such as Insecticides, Herbicides, Fungicides, and Plant Growth Regulators, catering to bluechip corporates and MNCs. The Company has three ISO-certified state-of-the-art manufacturing facilities and NABL accredited R&D labs with pilot plant. In May 2020, Best Agrochem was amalgamated into the Company with effect from April 2018. During FY2022, the Company launched five new products such as DIRON DINOTEFURAN 20 SG, Blasticide for Paddy, Pyraclostrobin 100g/l CS, Ronfen, and other four new products. The Company had been granted two patents for innovative products and a number of registrations for indigenous manufacturing of technicals. The commercial production in the Greater Noida unit commenced in FY 2022. All these initiatives had been helping the Company in delivering high-quality, cost-effective crop care solutions.

Share Price: ₹632.55 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,453.21Cr as of today
Revenue: ₹135.39Cr as on March 2024 (Q1 24)
Net Profit: ₹-72.49Cr as on March 2024 (Q1 24)
Listing date: 22 Feb, 2021
Chairperson Name: Braj Kishore Prasad
OrganisationBest Agrolife Ltd
Headquarters
IndustryTrading
E-voting on sharesClick here to vote

Key events for Best Agrolife Ltd

  • Best Agrolife Shares Gain 32% in a Month Despite Poor Earnings - 05 Jul, 2024

    Despite gaining 32% in the last month, Best Agrolife's shares are still down by 41% over the past year. The company's P/E ratio suggests poor growth and earnings compared to the market, with profits falling by 45% in the last year.

  • Best Agrolife Subsidiary Granted License for Herbicide Manufacture - 24 Jun, 2024

    Best Crop Science, a wholly-owned subsidiary of Best Agrolife, has been granted a license for the indigenous manufacture of Haloxyfop R-methyl ester Technical 96% w/w min u/s 9(3), causing shares to rise by 10%. However, the company's Q4FY24 revenue plummeted by 47%, and net loss magnified by 800% YoY. The return on equity decreased from 37.34% in FY22-23 to 16.42% in FY23-24.

  • Best Agrolife Launches New Insecticide Formulation - 19 Jun, 2024

    Best Agrolife has received regulatory approval for its new patented insecticide formulation, Nemagen, which is expected to capture an 8% share worth Rs 500 crore in the first two years after launch. The product contains a combination of active ingredients to provide broad-spectrum control of pests affecting vegetables, grains, fruits and pulses.

Insights on Best Agrolife Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 38.59% to 38.63% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 50.10% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Fertilizers & Chemicals Travancore Ltd has given 640.6% return, outperforming this stock by 612.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Fertilizers & Chemicals Travancore Ltd has given 109.2% return, outperforming this stock by 156.8%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 94.87 Cr → -72.49 Cr (in ₹), with an average decrease of 551.8% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, BESTAGRO stock has moved down by -14.2%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 808.36 Cr → 136.36 Cr (in ₹), with an average decrease of 58.9% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 8.77% to 8.73% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹135.39Cr
↓56.95%
Net Income
-₹72.49Cr
↑996.67%
Net Profit Margin
-53.54%
↑2,449.52%
2023Y/Y Change
Revenue
₹1,745.68Cr
↑44.18%
Net Income
₹192.15Cr
↑83.42%
Net Profit Margin
11.01%
↑27.28%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹930.53Cr
↑31.09%
Total Liabilities
₹571.04Cr
↑43.64%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹128.01Cr
↑53,237.50%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
50.1%
0.00
Foreign Institutions
8.73%
-0.42
Mutual Funds
2.11%
0.00
Retail Investors
38.63%
0.10
Others
0.42%
0.02

Key Indicators

Best Agrolife Ltd Valuation

Best Agrolife Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.36x)

March 28, 2024

Today (13.68x)

July 23, 2024

Industry (102.57x)

July 23, 2024

Highest (57.62x)

April 6, 2021

LowHigh

Earnings and Dividends

  • Best Agrolife Ltd Earnings Results

    Best Agrolife Ltd’s net profit fell -761.95% since last year same period to ₹-72.49Cr in the Q4 2023-2024. On a quarterly growth basis, Best Agrolife Ltd has generated -996.67% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Best Agrolife Ltd Dividends May,2023

    In the quarter ending March 2023, Best Agrolife Ltd has declared dividend of ₹3 - translating a dividend yield of 0.49%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Best Agrolife Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Best Agrolife Ltd (BESTAGRO) share price today is ₹632.55

Best Agrolife Ltd is listed on NSE

Best Agrolife Ltd is listed on BSE

  • Today’s highest price of Best Agrolife Ltd is ₹640.85.
  • Today’s lowest price of Best Agrolife Ltd is ₹615.55.

PE Ratio of Best Agrolife Ltd is 13.68

PE ratio = Best Agrolife Ltd Market price per share / Best Agrolife Ltd Earnings per share

Today’s traded volume of Best Agrolife Ltd(BESTAGRO) is 99.03K.

Today’s market capitalisation of Best Agrolife Ltd(BESTAGRO) is ₹1453.21Cr.

Best Agrolife Ltd(BESTAGROPrice
52 Week High
₹1214.4
52 Week Low
₹490.85

Best Agrolife Ltd(BESTAGRO) share price is ₹632.55. It is down -47.91% from its 52 Week High price of ₹1214.4

Best Agrolife Ltd(BESTAGRO) share price is ₹632.55. It is up 28.87% from its 52 Week Low price of ₹490.85

Best Agrolife Ltd(BESTAGROReturns
1 Day Returns
17.95%
1 Month Returns
-14.17%
3 Month Returns
-1.16%
1 Year Returns
-47.58%