Nath Bio-genes (I) Ltd
NSE: NATHBIOGEN · Other Agricultural Products · sector
₹130.23NSE close 2026-10-26
Key numbers
Market cap₹247 cr
Price₹130.23
52w high / low₹204 / ₹126
P/E7.1xSector median 12.8x
P/B0.4xSector median 1.4x
Book value₹358.1
Dividend yield1.53%Sector median 0.79%
ROE5.5%Sector median 7.3%
ROCE7.4%Sector median 8.8%
OPM11.5%Sector median 6.5%
Debt / equity0.20xSector median 0.21x
EV/EBITDA5.5xSector median 11.2x
Interest cover3.5x
Current ratio1.97x
Sales growth 3y+13.9%Sector median +11.6%
Profit growth 3y+5.9%Sector median +5.8%
PEG1.60x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 69 companies in Other Agricultural Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹76 cr vs borrowings ₹138 cr (FY26): borrowings are higher by ₹62 cr.
- Borrowings rose in each of the last 3 years (₹105 cr → ₹138 cr).
- Operating profit covered interest 3.5x in the last 12 months.
- 13.78% of the promoters' shares are pledged (6.3% of all shares).
- Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY25).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 22% of net profit in the last 12 months.
- Debtor days went from 103 (FY24) to 70 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹130.23 on 2026-10-26: -36.2% from the 52-week high, +3.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹230.06 · low ₹130.23
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32 | 37 | 52 | 284 | 44 | 66 | 52 | 328 |
| EBITDA | 5 | 8 | 1 | 40 | 8 | 6 | 6 | 36 |
| OPM % | 14.9% | 21.8% | 1.8% | 14.2% | 18.6% | 9.5% | 11.1% | 11.1% |
| Other income | 0 | 0 | 4 | 2 | 2 | 2 | 2 | 2 |
| Net profit | 1 | 3 | 1 | 37 | 3 | 2 | -0 | 32 |
| EPS (₹) | 0.53 | 1.33 | 1.14 | 19.58 | 1.40 | 0.84 | -0.79 | 16.98 |
| Revenue YoY | +36.2% | +78.9% | -0.7% | +15.8% | ||||
| Profit YoY | +147.7% | -39.6% | -100.7% | -13.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 278 | 301 | 333 | 365 | 445 | 490 |
| EBITDA | -52 | 49 | 53 | 50 | 58 | 57 |
| Net profit | -67 | 35 | 40 | 39 | 42 | 37 |
| EPS (₹) | -35.43 | 18.42 | 21.34 | 20.14 | 20.98 | 18.43 |
| Revenue growth | +8.3% | +10.4% | +9.7% | +22.0% | +21.0% | |
| Profit growth | – | +13.1% | -2.6% | +7.8% | -13.9% | |
| Dividend / share (₹) | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +13.9% | +7.7% | +21.0% |
| Net profit | +5.9% | -5.6% | -13.9% |
| EPS | +4.4% | -6.5% | – |
| Share price | – | -19.2% (2y) | -24.3% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 573 | 610 | 644 | 680 |
| Borrowings | – | 105 | 105 | 122 | 138 |
| Cash & equivalents | – | 38 | 77 | 89 | 76 |
| Total assets | – | 793 | 880 | 1,026 | 1,097 |
| Fixed assets | – | 234 | 241 | 243 | 244 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 5 | 9 | 6 | 6 |
| Receivables | – | 97 | 94 | 89 | 85 |
| Inventory | – | 208 | 230 | 338 | 451 |
| Payables | – | 28 | 43 | 79 | 131 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 17 | 38 | 70 | 18 | -13 |
| Cash from investing | -20 | -3 | -27 | -4 | 3 |
| Cash from financing | -22 | -2 | -5 | -2 | -4 |
| Capex | 1 | 3 | 8 | 8 | 3 |
| Free cash flow | 16 | 36 | 62 | 10 | -16 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 6.1% | 6.5% | 6.0% | 6.1% |
| ROCE % | – | 6.8% | 7.1% | 6.7% | 7.6% |
| Debtor days | – | 118 | 103 | 89 | 70 |
| Inventory days | – | 564 | 629 | 910 | 816 |
| Payable days | – | 75 | 118 | 214 | 238 |
| Cash conversion cycle (days) | – | 607 | 614 | 785 | 648 |
| Working capital days | – | 369 | 339 | 325 | 315 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 45.60% |
| FIIs | 0.19% |
| DIIs | 0.01% |
| of which Mutual funds | 0.01% |
| Public (non-institutions) | 54.21% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 45.60% | 45.60% | 45.60% | 45.60% | 45.60% | 45.60% | 45.60% | 45.60% |
| Promoter group | % |
|---|---|
| Ashu Farms LLP | 13.68% |
| Akash Farms LLP | 12.24% |
| Emerald Seeds Private Limited | 3.63% |
| Tingli Finvest PVT Ltd | 2.96% |
| Nath Industries Limited | 2.80% |
| Barkha Farms LLP | 2.75% |
| Nath Royal Ltd | 2.60% |
| Ferry FAX Farms Private Limited | 1.62% |
| Pithambar Farms Private Limited | 1.32% |
| Arati Farms Private Limited | 1.07% |
| Nath Biotechnologies Ltd | 0.53% |
| Prabha Farms Private Limited | 0.40% |
| Nandkishor Laxminarayan Kagliwal | 0.00% |
| Jeevanlata Nandkishor Kagliwal | 0.00% |
| Paresh Farms Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Mayo Farms LLP | 5.72% |
| Tapovan Farms LLP | 5.09% |
| Satpal Khattar | 2.10% |
| Madanlal Jawanmalji Jain | 1.99% |
| Seetha Kumari | 1.58% |
32,186 shareholders. Pledged: 13.78% of promoter shares.
Peers in Other Agricultural Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LTFOODS | ₹13,272 cr | 20.7x | 2.9x | 15.3% | 18.8% | 10.7% | +26.3% | 0.79% |
| KRBL | ₹8,074 cr | 10.7x | 1.4x | 13.7% | 17.2% | 16.5% | +4.4% | 1.00% |
| GAEL | ₹6,471 cr | 15.6x | 2.0x | 13.2% | 15.5% | 9.9% | +5.3% | 0.18% |
| KSCL | ₹3,578 cr | 14.5x | 2.0x | 15.3% | 14.6% | 22.9% | +9.2% | 0.72% |
| TRUALT | ₹3,347 cr | 23.9x | 2.2x | 9.8% | 11.7% | 18.6% | – | – |
| AEROPLANE | ₹2,135 cr | 16.5x | 2.3x | 11.2% | 13.3% | 9.8% | – | – |
| GRMOVER | ₹1,861 cr | 19.1x | 3.1x | 14.9% | 13.2% | 5.5% | +8.7% | – |
| SANSTAR | ₹1,801 cr | 37.5x | 2.6x | 6.5% | 7.4% | 6.6% | – | – |
| TRUEGREEN | ₹1,437 cr | 11.8x | 9.0x | 39.0% | 17.5% | 19.0% | – | – |
| NATHBIOGEN | ₹247 cr | 7.1x | 0.4x | 5.5% | 7.4% | 11.5% | +13.9% | 1.53% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-11 | Dividend | Dividend - Rs 2 Per Share |
| 2025-08-14 | Dividend | Dividend - Rs 2 Per Share |
| 2024-08-12 | Other | Annual General Meeting |
| 2024-08-09 | Dividend | Dividend - Rs 2 Per Share |
| 2024-03-07 | Other | Extra- Ordinary General Meeting |
| 2023-07-04 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2022-06-23 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2021-08-18 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2020-07-16 | Other | Annual General Meeting |
| 2019-08-01 | Other | Annual General Meeting |
| 2018-07-26 | Other | Annual General Meeting |
| 2017-08-14 | Other | Annual General Meeting |
| 2016-07-19 | Other | Annual General Meeting |
| 2015-07-30 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Fast Moving Consumer Goods |
| Industry | Other Agricultural Products |
| Sub-industry | Other Agricultural Products |
| Symbol | NATHBIOGEN |
| BSE code | 537291 |
| ISIN | INE448G01010 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.