Best Agrolife Share Price

Best Agrolife's board approved stock split of one equity share of face value of 10 each into 10 equity shares of face value of 1 each

• Business Standard
• 5 months 4 weeks ago

Agrochemicals company Best Agrolife announced Q1FY26 results Gross margin improved to 29% from 25%, driven by a superior product mix and cost discipline. EBITDA margin rose to 12%, up 140 bps YoY. PAT margin increased to 5%, up from 4% in Q1FY25. Sales returns significantly reduced, improving profitability and inventory hygiene. Revenue stood at Rs 381 crore, compared to Rs 519 crore in Q1FY25 due to deferred placements. PAT remained steady at Rs 20 crore, despite lower topline. Operating Expenses reduced due to strategic regional restructuring. Vimal Kumar, Managing Director, Best Agrolife, said: “This monsoon we observed a mixed season with most parts of India witnessing normal to above normal rainfall with the exception of Telangana and Maharashtra. In certain regions this variability impacted sowing activity. Despite these regular climatic variations, this is a fair year for agriculture. We are pleased to report that our newly launched patented products are performing well in their debut season. This quarter we have taken multiple steps to strengthen our sales performance from the ground up. Given our path to a disciplined approach in sales, we are reducing inventories and improving margins. As per our expectation, we have seen a margin improvement on a lower base of Q1 revenue numbers when compared QoQ. We view this in alignment with our strategic decision to implement revised sales policies with the aim to increase profitability, reduce excess placements, and reduce inventory levels across the value chain. Despite delayed monsoons affecting sowing in key regions, our newly launched patented products—Shot Down, Fetagen, and Best Man (along with Hustler, Suflex, and Executive under the Sudarshan Farm brand)—delivered good first-season performance. Field-level feedback has been positive. Shot Down and Hustler alone have already covered over 5 lakh acres, a strong testament to the trust we’ve earned among farmers and trade partners. Demand for Fetagen and Suflex continues to accelerate in paddy, sugarcane, and vegetable segments. We remain confident that our strong product portfolio, enhanced margins, and disciplined in-season execution will help sustain momentum through the remainder of the Kharif season.” Result PDF

• Trendlyne
• 9 months 3 weeks ago

Company has come up with novel ternary insecticidal combination to control sucking pest complex

• Business Line
• 1 year 5 months ago