Advance Agrolife Ltd (ADVANCE) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Advance Agrolife was originally incorporated as Advance Micro Fertilizers Private Limited, a private limited company under the erstwhile Companies Act, 1956, pursuant to a certificate of incorporation dated February 27, 2002, issued by the Registrar of Companies, Jaipur.

Advance Agrolife is an agrochemical company engaged in manufacturing a wide range of agrochemical products that support the entire lifecycle of crops. Its products are designed for use in the cultivation of major cereals, vegetables, and horticultural crops across both agri-seasons (Kharif and Rabi) in India. The company’s major product portfolio includes insecticides, herbicides, fungicides, plant growth regulators. It also manufactures other agrochemical products such as micro-nutrient fertilizers and bio fertilizers. Further, the company manufactures Technical Grade and Formulation Grade agrochemicals products through its integrated Manufacturing Facilities. Technical Grade refer to the raw, unprocessed forms of active ingredients used in the production of agrochemical formulations such as pesticides, herbicides, fungicides, and fertilizers (Technicals/Technical Grade). Formulations Grade are finished products that combine active ingredients, which target pests, weeds, or plant diseases, with additives that enhance performance, stability, and usability (Formulations/Formulation Grade). These components are carefully blended in specific proportions to achieve well-defined target characteristics, ensuring effective crop protection solutions. It manufactures formulation grade agrochemical in various forms such as water dispersible granules (WDG), suspension concentrate (SC), emulsifiable concentrate (EC), capsule suspension, Wettable Powder (WP), etc.

It supplies its products to corporate customers who market them under their own brand names and their sales strategies. These customers utilize their distribution networks and market presence to ensure widespread availability of its agrochemical solutions. By leveraging their reach and expertise, its products effectively serve farmers and agricultural businesses across diverse regions, supporting crop protection and growth on a large scale.

Business area of the company

The company is engaged in the business of manufacturing and distributor of broad spectrum of technical and formulated grade of agrochemicals. Its products are designed for use in the cultivation of major cereals, vegetables, and horticultural crops across both agri-seasons (Kharif and Rabi) in India. The company’s major product portfolio includes insecticides, herbicides, fungicides, and plant growth regulators.

Products of the company

Insecticide

• Cypermethrin 40% EC
• Fipronil 40% + Imidacloprid 40% WG
• Imidacloprid 70% WG
• Fipronil 40% + Imidacloprid 40% WG
• Thiamethoxam Technical

Fungicide

• Azoxystrobin 18.2% + Difenoconazole 11.4% SC
• Azoxystrobin 11% + Tebuconazole 18.3% SC
• Mancozeb 75% WG
• Carbendazim Technical
• Azoxystrobin 18.2% + Difenoconazole 11.4% SC
• Carboxin 37.5 % + Thiram 37.5% WS
• Tebuconazole 25% WG
• Mancozeb 80% WP
• Azoxystrobin 11% + Tebuconazole 18.3% SC

Herbicide

• Tembotrione 34.4% SC
• Bispyribac Sodium 10% SC
• Glyphosate 71% SG
• Ametryn 80% WG
• Bispyribac sodium 10% SC
• Ametryn 80% WG
• Bispyribac Sodium 10% SC
• Paraquat Dichloride Technical
• Clodinafop Propargyl 15% W.P.

Sulphur-Based Fungicide

• Sulphur 80% WDG
• Sulphur 80% WP
• Sulphur 80% Nudles
• Sulphur 85% D.P.

Fertilizer

• Humic Acid 14% + Fulvic Acid 12%
• Sulphur 90% Powder
• Mycorrhiza 0.1%
• NPK 13:00:45 Micronutrients
• Sulphur Powder Technical

Plant Growth Regulators

• TCP Technical
• Jeemox- 1269
• Unitox-33x- EMULSIFIER

History and milestones

• 2002: Incorporated as Advance Micro Fertilizers Private Limited.
• 2002: Commenced its commercial operations in 2002 with small-scale production, initially focused on mixing micro-nutrient Fertilizers in its then mixing facility at H-1-52, RIICO Industrial Area, Bagru (Ext.), Jaipur, Rajasthan, India.
• 2007: Established Manufacturing Facility I focusing on production of dust pesticide formulation and granules.
• 2012: Diversified product portfolio with WP (Wettable Powder), WDG (Water Dispersible Granules), EC (Emulsifiable Concentrate), and SC (Suspension Concentrate).
• 2018: Established Manufacturing Facility II for Sulphur-based formulations (Sulphur 80% WDG) with spray drying capability.
• 2021: Achieved turnover of more than Rs 2,000.00 million.
• 2021: The name of the company was changed to Advance Agrolife Private Limited
• 2023: Set up Manufacturing Facility III to expand formulation-based production capacity.
• 2024: Implemented backward integration by focusing Manufacturing Facility I on Technical Grade production and Manufacturing Facility II & III on Formulation Grade production.
• 2024: Conversion of the company from private limited company to public limited company and the consequent change in its name from ‘Advance Agrolife Private Limited’ to ‘Advance Agrolife Limited’.
• 2025: Achieved turnover of more than Rs 5,000.00 million.