Is Narmada Agrobase Ltd (NARMADA) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Narmada Agrobase Ltd is a below average quality company .

Is Narmada Agrobase Ltd (NARMADA) undervalued or overvalued?

The key valuation ratios of Narmada Agrobase Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Narmada Agrobase Ltd (NARMADA) share price return in the past 10 years?

Data is not available for this company

Is Narmada Agrobase Ltd (NARMADA) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Narmada Agrobase Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Narmada Agrobase Ltd (NARMADA)?

Company share prices are keep on changing according to the market conditions. The current trading price of Narmada Agrobase Ltd (NARMADA) on 17-Apr-2026 16:59:59 at 16:59 is 35.10.

What is the P/E ratio of Narmada Agrobase?

The latest standalone P/E ratio of Narmada Agrobase as of 17-Apr-2026 is 34.69.

What is the P/B ratio of Narmada Agrobase Ltd (NARMADA)?

The latest standalone P/B ratio of Narmada Agrobase Ltd (NARMADA) as of 17-Apr-2026 is 2.26.

What is the 52-week high and low of Narmada Agrobase Ltd (NARMADA)?

The 52-week high of Narmada Agrobase Ltd (NARMADA) is Rs. 36.99 and the 52-week low is Rs. 14.60.

Narmada Agrobase Ltd (NARMADA) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Narmada Agrobase Ltd (NARMADA)
Brand: Narmada Agrobase

Narmada Agrobase Ltd (NARMADA) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Narmada Agrobase Ltd (NARMADA)

BSE: 543643 NSE: NARMADA

Key Metrics

Market Cap

₹133 Cr.

P/E Ratio

34.69

Price to Book (P/B)

2.26

Price to Sales (P/S)

1.81

EV/EBITDA

22.61

Return on Capital Employed (ROCE)

13.04%

Current Price

₹35.1

Return on Equity (ROE)

11.24%

Return on Assets (ROA)

8.66%

Operating Profit Margin

8.5%

Net Profit Margin

6.22%

Gross Profit Margin

8.2%

Book Value per Share

₹15.5

Sales Growth (YoY)

30.52%

Sales Growth (3 Years)

23.38%

Operating Profit Growth (1 Year)

121.43%

Operating Profit Growth (3 Years)

41.01%

Net Profit Growth (1 Year)

300.98%

52-Week Low / High

₹15 / 37

Net Profit Growth (3 Years)

88.78%

Dividend Yield

0.00%

Promoter Holding

50.30%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Narmada Agrobase Ltd?

Narmada Agrobase Ltd revenue growth is 30.5% for FY-2025 , which is above its 5 year CAGR of 1.3% , indicating faster growth.

Q.1 Promoter shareholding and pledge status of Narmada Agrobase Ltd?

Promoters hold 50.30% of the Narmada Agrobase Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Narmada Agrobase Ltd vs industry peers?

Narmada Agrobase Ltd revenue CAGR is 1.30% , compared to the industry median CAGR of 0% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does Narmada Agrobase Ltd belong to?

Narmada Agrobase Ltd belongs to the Agriculture & Allied activities sector, operating specifically within the Agriculture segment.

Q.1 Stock return of Narmada Agrobase Ltd over the last decade?

Over the last 5 year(s), the stock has delivered a CAGR of 27.67% based on the current price.

DeciZen - make an informed investing decision on Narmada Agrobase

Based on:

Data

Overall Rating ⓘ
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

3. Price Trend

Narmada Agrobase stock performance

Key Ratios

Is Narmada Agrobase Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	10.2%	10.1%	10.5%	7.7%	9.2%	8.1%	7%	6.9%	8.8%	13%	-
Value Creation Index ⓘ	-0.3	-0.3	-0.3	-0.5	-0.3	-0.4	-0.5	-0.5	-0.4	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	30.7	34.4	37.1	47.5	61.6	58.3	35	50	50.3	65.7	74
Sales YoY Gr.	-	12.2%	7.6%	28.2%	29.6%	-5.4%	-40%	43.1%	0.6%	30.5%	-
Adj EPS ⓘ	0.3	0.4	0.4	0.2	0.4	0.4	0.3	0.4	0.6	1.1	1
YoY Gr.	-	28.6%	-2.8%	-42.9%	120%	-11.4%	-12.8%	5.9%	58.3%	89.5%	-
BVPS (₹) ⓘ	2.6	2.9	4.5	7.6	7.8	8.2	8.5	8.8	9.4	14.7	15.5
Adj Net Profit ⓘ	0.2	0.3	0.4	0.4	0.8	0.7	0.6	0.7	1	4.1	4
Cash Flow from Ops. ⓘ	-0.5	-1.3	1.2	-5.1	0.5	0.3	-0.1	0.1	0.9	-15.9	-
Debt/CF from Ops. ⓘ	-15.3	-8.2	6.1	-1.8	17.4	29.4	-117.6	190.7	10.4	-0.6	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	8.8%	1.3%	23.4%	30.5%
Adj EPS ⓘ	16.2%	19.7%	47%	89.5%
BVPSⓘ	21.3%	13.6%	20.3%	56.7%
Share Price	-	28.3%	30%	96.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	13	13	10.8	3.7	5.7	4.8	4	4.2	6.2	11.2	6.7
Op. Profit Mgn % ⓘ	3.8	4.1	4.4	3.4	4	3.8	5.7	4	5	8.5	6.2
Net Profit Mgn % ⓘ	0.8	0.9	1.2	0.7	1.3	1.2	1.7	1.3	2	6.2	5.2
Debt to Equity ⓘ	3.6	4.1	1.3	0.7	0.6	0.6	0.6	0.6	0.6	0.2	-
Working Cap Days ⓘ	81	96	106	108	108	131	233	166	173	203	160
Cash Conv. Cycle ⓘ	63	73	83	93	94	108	197	150	159	180	130

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	1	-
TTM Sales (₹ Cr.)	73.7	-
BVPS (₹) ⓘ	15.5	-
Reserves (₹ Cr.) ⓘ	21	-
P/BV ⓘ	2.26	-
PE ⓘ	34.69	-

From the Market
52 Week Low / High (₹)	14.60 / 36.99
All Time Low / High (₹)	12.47 / 36.99
Market Cap (₹ Cr.)	133
Equity (₹ Cr.)	37.9
Face Value (₹)	10
Industry PE ⓘ	19.3

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Narmada Agrobase - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	31	34	37	48	62	58	35	50	50	66
Operating Expenses ⓘ +	30	33	35	46	59	56	33	48	48	60
Manufacturing Costs	1	1	1	1	1	1	1	1	1	1
Material Costs	27	30	32	42	55	52	29	43	43	55
Employee Cost	0	0	0	1	1	1	1	2	1	1
Other Costs ⓘ	2	1	2	2	2	2	2	2	2	3
Operating Profit ⓘ	1	1	2	2	2	2	2	2	3	6
Operating Profit Margin (%)	3.8%	4.1%	4.2%	3.4%	4.0%	3.8%	5.7%	4.0%	5.0%	8.5%
Other Income ⓘ +	0	0	0	0	0	0	0	0	0	1
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	1	1	1	1	1	1	1	1	1	1
Depreciation ⓘ	0	0	0	1	0	0	0	0	0	0
Profit Before Tax ⓘ	0	0	1	1	1	1	1	1	1	5
Tax ⓘ	0	0	0	0	0	0	0	0	0	1
Profit After Tax	0	0	0	0	1	1	1	1	1	4
PAT Margin (%)	0.8%	0.9%	1.1%	1.0%	1.3%	1.2%	1.7%	1.3%	2.0%	6.2%
Adjusted EPS (₹)	0.3	0.4	0.3	0.3	0.4	0.4	0.3	0.4	0.6	1.1
Dividend Payout Ratio (%)	0%	0%	0%	15%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	2	2	6	14	14	15	15	16	17	56
Share Capital ⓘ	2	2	5	8	14	14	14	14	14	38
Reserves ⓘ	0	1	0	6	1	1	2	2	3	18
Debt +	8	10	7	9	8	8	9	10	10	9
Long Term Debt	4	4	1	1	1	1	0	1	0	1
Short Term Debt	4	6	6	8	7	7	9	10	10	8
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	1	1	1	0	1	2	1	1	1	0
Others Liabilities ⓘ	0	0	0	0	1	2	1	1	1	1
Total Liabilities ⓘ	11	14	14	24	24	27	26	27	28	66
Fixed Assets
Net Fixed Assets ⓘ +	3	3	3	5	4	4	4	3	3	3
Gross Block	3	4	4	6	6	6	7	7	7	7
Accumulated Depreciation	1	1	1	2	2	2	3	3	3	4
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	0	0	0	1	0	0	0	0	0	0
Inventories	4	6	7	8	6	4	6	9	10	23
Trade Receivables	2	3	3	8	11	16	14	13	13	19
Cash Equivalents	0	0	0	1	1	0	1	1	0	15
Others Assets ⓘ	1	2	1	1	2	2	1	1	1	6
Total Assets ⓘ	11	14	14	24	24	27	26	27	28	66

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-1	-1	1	-5	0	0	-0	0	1	-16
PBT ⓘ	0	0	1	1	1	1	1	1	1	5
Adjustment ⓘ	1	1	1	1	1	1	1	1	1	0
Changes in Working Capital ⓘ	-2	-3	-0	-6	-2	-2	-2	-2	-1	-21
Tax Paid ⓘ	-0	-0	-0	-0	-0	-0	-0	-0	-0	-1
Cash Flow From Investing Activity ⓘ +	-1	-0	-0	-2	0	0	0	0	0	-4
Capex	-1	-0	-0	-2	-0	-0	-0	0	-0	-0
Net Investments	-0	-0	-0	-0	0	0	0	-0	0	0
Others ⓘ	0	0	0	0	1	0	0	0	0	-4
Cash Flow From Financing Activity ⓘ +	1	2	-1	9	-2	-0	0	-1	-1	34
Net Proceeds from Shares ⓘ	1	0	3	7	0	0	0	0	0	35
Net Proceeds from Borrowing ⓘ	1	0	-3	-0	-0	0	-1	1	-0	1
Interest Paid ⓘ	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1
Dividend Paid ⓘ	0	0	0	0	-0	0	0	0	0	0
Others ⓘ	0	2	0	2	-1	0	2	-0	0	-1
Net Cash Flow ⓘ	0	-0	0	1	-1	-0	0	-0	-0	14

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	13.08	13.02	9.85	5.17	5.72	4.74	4.05	4.19	6.22	11.24
ROCE (%)	10.21	10.14	10.54	7.69	9.22	8.1	6.97	6.88	8.81	13.04
Asset Turnover Ratio	3.12	2.82	2.64	2.5	2.57	2.28	1.31	1.86	1.82	1.39
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	0	0	-0	0	1	-4
Working Capital Days
Receivable Days	24	28	30	41	56	86	160	101	96	90
Inventory Days	46	52	62	57	41	31	54	56	69	93
Payable Days	7	7	10	6	3	10	19	7	7	3

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Narmada Agrobase Ltd FAQs

The current trading price of Narmada Agrobase on 17-Apr-2026 16:59 is ₹35.10.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of Narmada Agrobase stood at ₹133.2 Cr

The latest P/E ratio of Narmada Agrobase as of 16-Apr-2026 is 34.69.

The latest P/B ratio of Narmada Agrobase as of 16-Apr-2026 is 2.26.

The 52-week high of Narmada Agrobase is ₹36.99 and the 52-week low is ₹14.60.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Narmada Agrobase is ₹73.69 ( Cr.) .

About Narmada Agrobase Ltd

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Narmada Agrobase Ltd (NARMADA) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Narmada Agrobase Share Price