Best Agrolife Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:19 am

Market Cap	1,467 Cr.
Current Price	620
High / Low	870/454
Stock P/E	39.8
Book Value	320
Dividend Yield	0.48 %
ROCE	16.5 %
ROE	18.1 %
Face Value	10.0
PEG Ratio	-25.77

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Epigral Ltd	8,482 Cr.	1,966	2,408/900	29.0	337	0.25 %	17.5 %	16.9 %	10.0
Dharmaj Crop Guard Ltd	957 Cr.	283	390/197	23.7	117	0.00 %	14.5 %	13.2 %	10.0
Bhaskar Agrochemicals Ltd	44.2 Cr.	84.9	122/46.1	22.4	29.2	0.00 %	14.7 %	13.4 %	10.0
Bhagiradha Chemicals & Industries Ltd	3,973 Cr.	319	448/117	148	51.0	0.03 %	8.71 %	5.55 %	1.00
Best Agrolife Ltd	1,467 Cr.	620	870/454	39.8	320	0.48 %	16.5 %	18.1 %	10.0
Industry Average	11,246.85 Cr	1,686.98		41.37	422.47	0.32%	13.25%	14.87%	7.25

All Competitor Stocks of

Quarterly Result

Month	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
Sales	324	232	309	464	700	328	254	612	811	314	135	519	747
Expenses	289	200	247	398	518	270	247	482	667	296	202	465	600
Operating Profit	35	32	62	66	183	58	7	130	144	19	-67	55	147
OPM %	11%	14%	20%	14%	26%	18%	3%	21%	18%	6%	-50%	11%	20%
Other Income	0	-0	1	0	1	1	1	4	-3	1	1	3	1
Interest	2	5	7	7	9	10	13	12	15	19	15	16	16
Depreciation	1	3	7	6	6	6	7	7	8	6	11	10	10
Profit before tax	33	23	49	53	168	43	-12	115	118	-6	-92	32	121
Tax %	24%	34%	23%	25%	23%	29%	-28%	21%	19%	3%	-22%	33%	22%
Net Profit	25	15	38	40	130	31	-8	90	95	-7	-72	21	95
EPS in Rs	11.43	6.55	16.14	16.97	54.90	12.95	-3.56	38.27	40.12	-2.80	-30.66	9.00	40.03

Last Updated: November 6, 2024, 7:11 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 2:59 pm

Month	Mar 2017	Mar 2018	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	127	151	905	1,211	1,746	1,873	1,716
Expenses	126	154	854	1,045	1,432	1,648	1,563
Operating Profit	1	-2	51	166	314	226	153
OPM %	0%	-1%	6%	14%	18%	12%	9%
Other Income	1	4	7	2	3	3	6
Interest	1	2	5	15	39	62	67
Depreciation	0	0	3	12	24	33	38
Profit before tax	0	0	51	141	253	134	54
Tax %	575%	100%	27%	26%	24%	21%
Net Profit	-0	0	37	105	192	106	37
EPS in Rs	-0.65	0.03	16.83	44.31	81.27	44.94	15.57
Dividend Payout %	0%	798%	12%	5%	4%	7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	183.78%	82.86%	-44.79%
Change in YoY Net Profit Growth (%)	0.00%	-100.93%	-127.65%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 3 years from 2021-2022 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	27%
TTM:	-14%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	42%
TTM:	-82%

Stock Price CAGR
10 Years:	%
5 Years:	21%
3 Years:	-15%
1 Year:	-26%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	32%
Last Year:	18%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 2:07 pm

Month	Mar 2017	Mar 2018	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	8	8	22	24	24	24	24
Reserves	46	48	108	306	504	623	732
Borrowings	0	19	33	270	568	637	578
Other Liabilities	63	35	209	384	380	729	1,069
Total Liabilities	117	110	372	984	1,475	2,013	2,403
Fixed Assets	0	0	19	180	203	362	355
CWIP	0	0	4	5	14	15	13
Investments	32	3	0	0	0	0	0
Other Assets	85	107	349	800	1,258	1,636	2,035
Total Assets	117	110	372	984	1,475	2,013	2,403

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2017	Mar 2018	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-14	-41	13	-60	-180	36
Cash from Investing Activity +	-34	31	8	-15	-19	-63
Cash from Financing Activity +	48	10	-11	67	248	-1
Net Cash Flow	0	-0	10	-8	49	-29

Free Cash Flow

Month	Mar 2017	Mar 2018	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	1.00	-21.00	18.00	-104.00	-254.00	-411.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2017	Mar 2018	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	85	87	53	77	73	91
Inventory Days			67	199	391	864
Days Payable			72	124	167	521
Cash Conversion Cycle	85	87	48	152	297	434
Working Capital Days	61	175	43	117	157	162
ROCE %		0%		41%	34%	16%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	45.42%	45.42%	47.30%	47.30%	48.20%	50.10%	50.10%	50.10%	50.10%	50.10%	50.10%	50.10%
FIIs	11.22%	11.31%	10.82%	11.27%	12.05%	11.48%	10.84%	9.86%	8.86%	8.77%	8.73%	8.03%
DIIs	0.19%	0.20%	0.20%	2.57%	2.57%	2.58%	2.55%	2.63%	2.53%	2.53%	2.53%	2.67%
Public	43.17%	43.08%	41.68%	38.86%	37.16%	35.84%	36.50%	37.42%	38.50%	38.60%	38.62%	39.18%
No. of Shareholders	4,952	8,225	8,760	11,360	21,206	23,039	27,200	31,940	37,571	39,861	41,570	40,573

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Quant Small Cap Fund	500,000	0.17	29.15	500,000	2024-12-12	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 18
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	44.94	81.26	45.98	16.83	2.95
Diluted EPS (Rs.)	44.94	81.26	45.98	16.83	2.95
Cash EPS (Rs.)	58.74	91.63	49.31	18.17	0.22
Book Value[Excl.RevalReserv]/Share (Rs.)	259.68	217.62	138.40	56.85	72.37
Book Value[Incl.RevalReserv]/Share (Rs.)	273.63	223.03	139.54	58.86	72.37
Revenue From Operations / Share (Rs.)	792.27	738.29	512.08	410.97	189.91
PBDIT / Share (Rs.)	96.74	133.75	70.88	26.54	2.64
PBIT / Share (Rs.)	82.94	123.39	65.87	25.20	2.44
PBT / Share (Rs.)	56.54	106.96	59.49	23.05	0.11
Net Profit / Share (Rs.)	44.94	81.26	44.31	16.83	0.01
NP After MI And SOA / Share (Rs.)	44.94	81.26	44.31	16.83	0.01
PBDIT Margin (%)	12.21	18.11	13.84	6.45	1.39
PBIT Margin (%)	10.46	16.71	12.86	6.13	1.28
PBT Margin (%)	7.13	14.48	11.61	5.60	0.05
Net Profit Margin (%)	5.67	11.00	8.65	4.09	0.00
NP After MI And SOA Margin (%)	5.67	11.00	8.65	4.09	0.00
Return on Networth / Equity (%)	17.30	37.34	32.01	29.60	0.02
Return on Capital Employeed (%)	27.66	50.03	39.00	39.73	2.94
Return On Assets (%)	5.27	13.02	10.64	9.97	0.01
Long Term Debt / Equity (X)	0.03	0.06	0.14	0.02	0.14
Total Debt / Equity (X)	1.02	1.08	0.80	0.20	0.33
Asset Turnover Ratio (%)	1.07	1.42	2.10	0.00	0.00
Current Ratio (X)	1.21	1.35	1.36	1.49	2.44
Quick Ratio (X)	0.47	0.55	0.58	0.82	1.89
Inventory Turnover Ratio (X)	1.21	1.02	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	6.67	2.46	4.20	0.59	0.00
Dividend Payout Ratio (CP) (%)	5.10	2.18	3.77	0.55	0.00
Earning Retention Ratio (%)	93.33	97.54	95.80	99.41	0.00
Cash Earning Retention Ratio (%)	94.90	97.82	96.23	99.45	0.00
Interest Coverage Ratio (X)	3.66	8.14	11.10	12.35	1.14
Interest Coverage Ratio (Post Tax) (X)	2.70	5.94	7.94	8.83	1.01
Enterprise Value (Cr.)	1664.08	2890.66	2341.51	974.53	22.09
EV / Net Operating Revenue (X)	0.88	1.66	1.93	1.08	0.14
EV / EBITDA (X)	7.27	9.14	13.97	16.67	10.48
MarketCap / Net Operating Revenue (X)	0.57	1.39	1.75	1.08	0.01
Retention Ratios (%)	93.32	97.53	95.79	99.40	0.00
Price / BV (X)	1.76	4.71	6.47	7.84	0.03
Price / Net Operating Revenue (X)	0.57	1.39	1.75	1.08	0.01
EarningsYield	0.09	0.07	0.04	0.03	0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 2,316.28

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 22, 2024, is Undervalued by 273.59% compared to the current share price 620.00

Intrinsic Value of as of December 22, 2024 is: 2,280.51

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Undervalued by 267.82% compared to the current share price 620.00

Last 5 Year EPS CAGR: -1.54%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 15.17%, which is a positive sign. The company has higher reserves (338.14 cr) compared to borrowings (300.71 cr), indicating strong financial stability. The company has shown consistent growth in sales (169.57 cr) and profit (90.43 cr) over the years.	The stock has a high average Working Capital Days of 119.17, which may not be favorable. The stock has a high average Cash Conversion Cycle of 183.83, which may not be favorable.

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
1. Net Profit Margin: 5.67%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 27.66% (Industry Average ROCE: 13.25%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 17.3% (Industry Average ROE: 14.87%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.7
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.47
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 39.8 (Industry average Stock P/E: 41.37)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 1.02
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Best Agrolife Ltd. is a Public Limited Listed company incorporated on 10/01/1992 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74110DL1992PLC116773 and registration number is 116773. Currently company belongs to the Industry of Agro Chemicals/Pesticides. Company’s Total Operating Revenue is Rs. 1134.27 Cr. and Equity Capital is Rs. 23.64 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Agro Chemicals/Pesticides	B-4, Bhagwan Dass Nagar, East Punjabi Bagh, New Delhi Delhi 110026	info@bestagrolife.com http://www.bestagrolife.com

Management
Name	Position Held
Mr. Braj Kishore Prasad	Chairman & Ind.Director
Mr. Vimal Kumar	Managing Director
Ms. Isha Luthra	Whole Time Director
Mr. Balavenkatarama Prasad Suryadevara	Whole Time Director
Mr. Shuvendu Kumar Satpathy	Non Executive Director
Mrs. Chetna	Independent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹2316.28, which is 273.59% higher than the current market price of ₹620.00. The stock has a market capitalization of 1,467 Cr. and recorded a high/low of 870/454 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹732 Cr and total liabilities of ₹2,403 Cr.

What is the Market Cap of ?

The Market Cap of is 1,467 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 620.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 870/454.

What is the Stock P/E of ?

The Stock P/E of is 39.8.

What is the Book Value of ?

The Book Value of is 320.

What is the Dividend Yield of ?

The Dividend Yield of is 0.48 %.

What is the ROCE of ?

The ROCE of is 16.5 %.

What is the ROE of ?

The ROE of is 18.1 %.

What is the Face Value of ?

The Face Value of is 10.0.