Basant Agro Tech (India) Ltd - Stock Valuation and Financial Performance

BSE: 524687 | NSE: | Fertilizers | Small Cap

Basant Agro Tech (I) Share Price

19.76 -0.45 -2.23%
as on 07-Oct'24 16:01

DeciZen - make an informed investing decision on Basant Agro Tech (I)

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Basant Agro Tech (India) stock performance -

mw4me loader
P/E Ratio (SA):
42.64
Market Cap:
179.1 Cr.
52-wk low:
17.7
52-wk high:
28.9

Is Basant Agro Tech (India) Ltd an attractive stock to invest in?

1. Is Basant Agro Tech (India) Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Basant Agro Tech (India) Ltd is a below average quality company.

2. Is Basant Agro Tech (India) Ltd undervalued or overvalued?

The key valuation ratios of Basant Agro Tech (India) Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Basant Agro Tech (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Basant Agro Tech (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Basant Agro Tech (I):

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Basant Agro Tech (India) Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 10.4%8.1%7.8%8.2%7.8%8%7.5%12.7%11.6%6.3%-
Value Creation
Index
-0.3-0.4-0.4-0.4-0.4-0.4-0.5-0.1-0.2-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 306317295260279286323448549405418
Sales YoY Gr.-3.5%-6.8%-11.9%7.3%2.4%13%38.8%22.6%-26.3%-
Adj EPS 10.60.60.70.80.912.120.30.5
YoY Gr.--40.2%0%9.8%14.9%13%16.1%106.9%-5.7%-86.3%-
BVPS (₹) 10.41111.612.212.913.914.916.918.919.219.5
Adj Net
Profit
9.35.55.56.177.99.21917.92.54
Cash Flow from Ops. 12.532.732.513.413.913.913.6-9.5-20.1-12.8-
Debt/CF from Ops. 11.13.83.37.85.24.42.8-7.8-6.3-12.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.2%7.7%7.8%-26.3%
Adj EPS -13.7%-18.9%-35.6%-86.3%
BVPS7%8.2%8.9%1.9%
Share Price 8.5% 41.5% 17.5% -8.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
10.35.75.45.76.26.5713.2111.42.4
Op. Profit
Mgn %
9.16.87.18.47.26.85.76.86.56.16.1
Net Profit
Mgn %
31.81.92.42.52.82.84.23.30.61
Debt to
Equity
1.51.210.90.60.50.30.50.70.9-
Working Cap
Days
231233247256247245213184184267150
Cash Conv.
Cycle
15414515017215713812010210817947

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.90

Return on Equity has declined versus last 3 years average to 2.40%

Sales growth has been subdued in last 3 years 7.81%

Net Profit has been subdued in last 3 years -35.58%

Sales growth is not so good in last 4 quarters at -18.42%

Latest Financials - Basant Agro Tech (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 0.5 -
TTM Sales (₹ Cr.) 418 -
BVPS (₹.) 19.5 -
Reserves (₹ Cr.) 167 -
P/BV 1.01 -
PE 42.64 -
From the Market
52 Week Low / High (₹) 17.66 / 28.90
All Time Low / High (₹) 0.34 / 29.40
Market Cap (₹ Cr.) 179
Equity (₹ Cr.) 9.1
Face Value (₹) 1
Industry PE 24.8

Management X-Ray of Basant Agro Tech (I):

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Basant Agro Tech (I)

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales306317295260279286323448549405
Operating Expenses 278295274238259266305418513380
Manufacturing Costs21201920232531413731
Material Costs227244224188201206233325420301
Employee Cost 7789101012141717
Other Costs 24242322252529373931
Operating Profit 28222122202018303625
Operating Profit Margin (%) 9.1%6.8%7.1%8.4%7.2%6.8%5.7%6.8%6.5%6.1%
Other Income 0111100012
Interest 1312111188461115
Depreciation 5555555567
Exceptional Items 0000000000
Profit Before Tax 1066777919205
Tax 11110-10011
Profit After Tax 966678919184
PAT Margin (%) 3.0%1.8%1.9%2.3%2.6%2.7%2.8%4.2%3.3%1.0%
Adjusted EPS (₹)1.00.60.60.70.80.91.02.12.00.4
Dividend Payout Ratio (%)5%8%8%7%6%6%6%4%4%11%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 95100105111117126135153171174
Share Capital 9999999999
Reserves 859196102108117126144162165
Minority Interest0000000000
Debt13411810110173603372124154
Long Term Debt44383329242117202935
Short Term Debt908069734839165395119
Trade Payables41585029624458776539
Others Liabilities 30313229364156725447
Total Liabilities 299306289270288271281374414414

Fixed Assets

Gross Block122132134138139140145157177192
Accumulated Depreciation36404549545964697582
Net Fixed Assets8691898985818188102110
CWIP 502001111121
Investments 0000000111
Inventories10396828911385109181196188
Trade Receivables81999372677456516165
Cash Equivalents 2221111111
Others Assets22182019222832404149
Total Assets 299306289270288271281374414414

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 13333313141414-10-20-13
PBT 1066777919205
Adjustment 1817171613129111620
Changes in Working Capital -141012-8-6-5-4-37-54-37
Tax Paid -2-1-2-1-1-1-1-3-2-1
Cash Flow From Investing Activity -7-4-4-3-1-3-5-23-20-2
Capex -7-4-4-3-1-3-5-23-20-2
Net Investments 0000000-100
Others 0000000000
Cash Flow From Financing Activity -6-28-28-11-14-11-9334014
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000396
Interest Paid -13-12-11-11-8-8-4-6-11-15
Dividend Paid -1-1-1-1-1-10-1-1-1
Others 8-16-170-5-3-4374224
Net Cash Flow 000-100000-1
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)10.255.755.385.636.336.457.0213.1811.342.29
ROCE (%)10.388.057.848.217.787.967.5112.6611.636.32
Asset Turnover Ratio1.081.081.020.961.011.041.191.421.430.99
PAT to CFO Conversion(x)1.445.55.52.1721.751.56-0.53-1.11-3.25
Working Capital Days
Receivable Days94100116113908972423656
Inventory Days114111107116130125108114122171
Payable Days70748877829479756263

Basant Agro Tech (India) Ltd Stock News

Basant Agro Tech (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Basant Agro Tech (I) on 07-Oct-2024 16:01 is ₹19.76.
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 07-Oct-2024 16:01 the market cap of Basant Agro Tech (I) stood at ₹179.1.
The latest P/E ratio of Basant Agro Tech (I) as of 07-Oct-2024 16:01 is 42.64.
The latest P/B ratio of Basant Agro Tech (I) as of 07-Oct-2024 16:01 is 1.01.
The 52-week high of Basant Agro Tech (I) is ₹28.90 and the 52-week low is ₹17.66.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Basant Agro Tech (I) is ₹418.0 ( Cr.) .

About Basant Agro Tech (India) Ltd

Basant Agro Tech (India) incorporated in 1990, is promoted by the renowned 130-year old ‘Bhartia Group’ from Akola along­ with C L Jhunjhnwala an NRI business tycoon from Singapore. The company is engaged in manufacturing and marketing of fertilizers.

The other activity of the company is research and development of hybrid seeds.

Basant Agro Tech (India) is well established in Maharashtra Madhya Pradesh, Chattisgarh and Andhra Pradesh. The company is now planning to market its fertilizers in other states like Karnataka, Rajasthan and western Maharashtra, etc.

The fertilizers of the company are sold under brand name ‘Krishi Sanjivani’.

Divisions

  • Seed Division- The seed division of the company is engaged in research and develop­ment of various hybrid seeds. The company has a well equipped laboratory wherein the research is being carried on. The R&D laboratory has been approved by the Ministry of Science & Technology, New Delhi.  The company has got the germ plasm for many seeds like millet, sorghum, cotton, sunflower, and maize etc.
  • Fertilisers Division- The company is the manufacturer of fertilizers having plants located at Akola in the Vidarbha region of Maharashtra. The Kaulkhed plant, which was installed in 1994 has a capacity to produce 60,000 TPA of NPK granulated mixed fertilizer of various types. Basant Agro Tech has installed a second plant in Kanheri Village to manufacture Single Super Phosphate (SSP) powder fertilizers with 1,20,000 TPA capacity and SSP granules fertilizers with 60,000 TPA capacity. The company has acquired the NPK mixture granulated fertilizer plant at Sangli having installed capacity 30,000 TPA which makes the total production capacity of the company of NPK mixture granulated fertilizer to 90,000 TPA.
  • Wind Power Generation Unit- The company has diversified into wind power generation by setting up a wind turbine generator (WTG) plant at Dhulia site. With the commencement of the activity of power generation the bottom line of the company is expected to improve.
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