MoneyWorks4Me

Pajson Agro India Ltd (544657)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544657 NSE: Consumer Food | Small Cap | Pajson Agro India Share Price

₹213 3.00 (1.43%)

As on 23-Sep'26 16:59

Pajson Agro India Ltd (544657)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544657 NSE: Consumer Food | Small Cap | Pajson Agro India Share Price

₹213 3.00 (1.43%)

As on 23-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹507 Cr.
Current Price
₹213
52-Week Low / High
₹120 / 255
TTM EPS
-
TTM Sales
-
Book Value per Share
-
P/E Ratio
Industry PE
52.1
Price to Book (P/B)
Price to Sales (P/S)
EV/EBITDA
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
%
Return on Capital Employed (ROCE)
%
Return on Assets (ROA)
%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
36.55%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
62.47%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
-
Equity
₹23.8 Cr.
Face Value
₹10
All Time Low / High
₹120.05 / 255.00

Pajson Agro India stock performance

Key Ratios
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Valuation

Somewhat Overvalued

Price Trend

Weak
Q.1 Is Pajson Agro India Ltd a good quality company?
Pajson Agro India Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Pajson Agro India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Pajson Agro India Ltd vs industry peers?
Pajson Agro India Ltd revenue CAGR is %, compared to the industry median CAGR of 0%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Pajson Agro India Ltd?
Promoters hold 62.47% of the Pajson Agro India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Pajson Agro India Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray :

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.
Pajson Agro 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

Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 0.8%16.2%59.5%31.4%-
Value Creation
Index
-0.90.23.31.2-

Growth Parameters

Sales 10195.9187256256
Sales YoY Gr.--5.2%95.3%36.6%-
Adj EPS 11.911.71110.4
YoY Gr.-81.6%524.1%-5.4%-
BVPS (₹) 11.713.625.357.157.1
Adj Net
Profit
1.83.320.426.325
Cash Flow from Ops. 11.6-917.2-13.9-
Debt/CF from Ops. 0-1.60.9-2.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA36.2%36.6%
Adj EPS NANA120.5%-5.4%
BVPSNANA69.8%126.2%
Share Price - - - -

Key Financial Parameters

Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
8.814.860.129.218.2
Op. Profit
Mgn %
3.65.916.215.2NAN
Net Profit
Mgn %
1.83.410.910.39.7
Debt to
Equity
00.60.30.3-
Working Cap
Days
011960920
Cash Conv.
Cycle
0920340

Valuation of Pajson Agro India - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

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No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

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No data found!
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No data found!
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No data found!

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Pajson Agro India Ltd FAQs

The current trading price of Pajson Agro India on 23-Sep-2026 16:59 is ₹213.0.

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 22-Sep-2026 the market cap of Pajson Agro India stood at ₹507.1 Cr

The latest P/E ratio of Pajson Agro India as of 22-Sep-2026 is 20.46.

The latest P/B ratio of Pajson Agro India as of 22-Sep-2026 is 3.73.

The 52-week high of Pajson Agro India is ₹255.0 and the 52-week low is ₹120.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Pajson Agro India is ₹256 ( Cr.) .

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

The key valuation ratios of Pajson Agro India Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

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

About Pajson Agro India Ltd

Pajson Agro India was originally incorporated under the name ‘Pajson Agro India Private Limited’ on September 17, 2021. Subsequently the status of the company was changed to public limited and the name of the company was changed to ‘Pajson Agro India Limited’ vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of the company held on December 24, 2024.

It is into processing of raw cashew nuts into cashew kernels and supplies to domestic and international markets. Its product portfolio primarily comprises various grades of cashew nuts, which are processed and packaged in bulk as well as consumer-oriented retail packs. Additionally, its market selects dry fruits under its white-label brand ‘Royal Mewa’ through a combination of e-commerce platforms and offline distribution channels. In addition, the cashew husk and cashew nut shells which are the by-products after processing of Raw Cashews are also supplied which are utilized in agricultural and industrial applications, hence offering additional value from its processing operations.

It operates through a multi-channel sales and distribution structure comprising four key verticals: Wholesale Mandis, Institutional Sales, Exports, and the B2C brand, Royal Mewa. The wholesale mandi segment contributes significantly to domestic distribution. It is operational in many states and several Union Territories. It works with mandi traders who possess established networks and handle both whole and broken cashew grades.

Business area of the company

The company is engaged in processing of raw cashew nuts into cashew kernels and supplies to domestic and international markets. Its product portfolio primarily comprises various grades of cashew nuts, which are processed and packaged in bulk as well as consumer-oriented retail packs.

Products of the company

  • Cashew Kernels: Available in various grades and sizes, meticulously processed to deliver superior taste and texture.
  • Royal Mewa: Premium dry fruit brand offering a range of high-quality nuts and dry fruits sourced from the finest farms.
  • Raw Cashew Nuts: Sourced directly from leading cashew-producing regions, ensuring the highest quality for further processing.
  • Cashew Husk: Utilized in agricultural and industrial applications, offering additional value from its processing operations.
  • Borma Cashew Kernels: Known for their qualities, these kernels are carefully selected and processed to meet specific market requirements.
  • Cashew Nut Shells: Ideal for industrial applications and as a valuable by-product for various uses like in the production of foundry chemicals.

History, accreditations and milestones

  • 2021-2022: Incorporated as Pajson Agro India Private Limited
  • 2021-2022: Received an investment of Rs 1,959.93 lakh from Pulkit Jain, who brings a strong global supplier network and operational expertise.
  • 2021-2022: Acquired the running processing unit located at Visakhapatnam from Olam Agro India Private Limited for a total consideration of Rs 1,825.00 lakh.
  • 2023-2024: Invested Rs 550.72 lakh in plant and machineries (including Cashew Shelling Machine Line, Nano Sorter, Boiler, Cashew Cutting Machine and Cashew Peeling Machine to enhance processing capacity at the Visakhapatnam unit. This resulted in higher realization of whole cashews, reduced contamination, and improved profitability.
  • 2023-2024: Halal certification from WRG Certifications for the scope of manufacturing, processing, and supplying cashew nuts
  • 2024-2025: Certified under ISO 22000:2018 and HACCP for the scope of manufacturing food, dairy products, and general products, demonstrating its focus on food safety management systems.
  • 2024-2025: Certified for ISO 9001:2015 certification for manufacturing, processing, and supplying cashew nuts, reflecting adherence to quality management principles.
  • 2024-2025: Further invested Rs 653.88 lakh in additional plant and machineries including Cashew Color Sorter, Nano Sorter, Canveyor Machine, Fire Hydrant Machine, Cashew Peeling Machine and DG Sets and Transformer at the Visakhapatnam facility, further boosting capacity, quality, and profit margins.
  • 2024-2025: Transitioned procurement strategy to source low-moisture raw cashew nuts through Pajson Global DMCC, leveraging its 11 years of robust supply chain infrastructure. This led to improved whole cashew realization and enhanced profitability.
  • 2024-2025: Launched its B2C brand ‘Royal Mewa’.
  • 2024-2025: Conversion from Private limited company to Public Limited company in the name and style of Pajson Agro India Limited.
  • 2024-2025: Acquired 7,73,190.00 sq. ft. of land in Vizianagaram, Andhra Pradesh, for the development of its second processing unit.
  • 2025-2026: Registered for ISO 14001:2015, covering the scope of manufacturing, processing, and supplying cashew nuts, emphasizing its commitment to environmental management standards.

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